GG Posted June 28, 2008 Posted June 28, 2008 I like my job better.....I write the commission plan for the sales people. It's all about the hockey stick!
Chef Jim Posted June 28, 2008 Posted June 28, 2008 Here we go. Long-term capital gains used to be taxed differently than dividends, which were subject to one's top income tax rate. Under the 2001 and 2003 tax cuts, gains and dividends are treated equally. Currently the most one would pay is 15%. Both rates are scheduled to rise by 2011 - long-term gains to 20% and dividends would once again be taxed a taxpayer's top income tax rate for dividends. Obama would continue to treat gains and dividends equally and would keep the current rate in place for everyone except high-income households. He hasn't specified how high he'd like to make the rate, but observers expect and Obama himself has virtually said that the new rate likely would fall between 20% and 25%.
John Adams Posted June 28, 2008 Posted June 28, 2008 Stop whining. If the government didn't take that extra 10% from you, you would squander it.
Pine Barrens Mafia Posted June 29, 2008 Posted June 29, 2008 You want to really see why people make more than others? Work in a commission based industry. You betcha. It's amazing that even in an objective commission-based environment, people STILL come up with excuses as to WHY they're not succeeding. And it's almost ALWAYS someone else's fault in their minds. 99% of the time, though, it's because they don't have the balls to hold themselves accountable or accept feedback that will help them to improve their performance.
Recommended Posts