OBAMA FOR PRESIDENT '08
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Hope you motherfuckers like paying taxes if a Democrat wins.
Especially that liberal fuck Bernie Sanders.
Bernie Sanders' Income Tax Brackets: How Much Would You Owe? -- The Motley Fool
Especially that liberal fuck Bernie Sanders.
Bernie Sanders' Income Tax Brackets: How Much Would You Owe? -- The Motley Fool
Which tax bracket would you fall under? All this means is more CEOs and wealthy taking $1 annual salaries for their "taxable" incomes. You say this as if the Republicans aren't going to raise taxes. How soon they forget Reaganomics... We are fuxxed no matter who is selected. BTW Bernie will not win.
How much I make is irrelevant. No matter how much you make, your taxes will go up by 2%. So if you live in the Bay, are married, both work and you have a combined household income of $100,000 - you are going to pay an extra $2,000 a year in taxes.
Sound fun?
Your argument on CEOs (oh who by the way, worked extremely hard in school and in their careers to get to where they are at, they didnt get their by luck) who take $1 salaries is irrelevant because most of their compensation would come from stock options and awards which are taxed at the capital gain rates (in some cases, other it is just ordinary income) and in Bernie land, those tax rates are more than doubled in some cases!
How can you say Bernie wont win? Hillary is losing her grip and Demo's fear her name is too soured to actually win the election.
http://www.nytimes.com/2016/01/13/u...bernie-sanders-slipping-in-new-poll.html?_r=0
Please stick to making factual comments and not throwing out left-sided arguments that have no basis.
Sound fun?
Your argument on CEOs (oh who by the way, worked extremely hard in school and in their careers to get to where they are at, they didnt get their by luck) who take $1 salaries is irrelevant because most of their compensation would come from stock options and awards which are taxed at the capital gain rates (in some cases, other it is just ordinary income) and in Bernie land, those tax rates are more than doubled in some cases!
How can you say Bernie wont win? Hillary is losing her grip and Demo's fear her name is too soured to actually win the election.
http://www.nytimes.com/2016/01/13/u...bernie-sanders-slipping-in-new-poll.html?_r=0
Please stick to making factual comments and not throwing out left-sided arguments that have no basis.
Props:
:ab: and :ab:
I'm not a leftist though. Republicans and Democrats alike are the problem. Government spending in the United States has steadily increased from seven percent of GDP in 1902 to almost 40 percent today. Government spending on education has expanded from about one percent of GDP in 1900 to peak at 6 percent in the second decade of the 21st century. Government did not intervene significantly in the provision of health care until the passage of Medicare and Medicaid in the mid 1960s. Since then government health care has increased to around 7 percent of GDP. Welfare, Social Security, Subsidized Housing, the list goes on and on and on and on..... Spending is out of control. Both parties are out of control.
As for CEOs taxed at capital gains rates, you are only taxed on what you sell when you sell it vs ordinary income has a set draw date. You praise CEOs a bit much in my opinion but you are welcome to those opinions.
As for CEOs taxed at capital gains rates, you are only taxed on what you sell when you sell it vs ordinary income has a set draw date. You praise CEOs a bit much in my opinion but you are welcome to those opinions.
Fair enough. A big government is a huge problem in my opinion. It would be interesting to see where that spending went....entitlement programs? Fed employee retirement benefits and perks? All that shit needs to end and we need to cut the red tape. Reducing the waste and increasing efficiency at the federal levels would open up a ton of dollars and reduce the reliance to tax.
Regardless of stock awards, options, or salary, you will have to pay the piper. There are no loopholes within executive compensation that allow you to not pay taxes. You have to pay it, one day or the other,
The argument for tax purposes really isn't an executive thing, but more a hedge fund and private equity thing. They take investors money and collect a management fee on those funds (typically 2% - which is taxed at ordinary income). They make investments into companies, turn them around, wait about 2 years or more, than then have a liquidity event (selling the company, taking in public, etc). The money is returned to the investors plus the return on the investment. Hedge funds and private equity managers are only taxed at the capital gain rate on their "carried interest" - which is the 20% they take on the profit of selling the company. This is significantly less than ordinary income. This loophole is much more criminal than any executive comp package.
https://en.wikipedia.org/wiki/Taxation_of_private_equity_and_hedge_funds
I think executives are unjustly made out to be criminals. Furthermore, no one ever wants to talk about the hard work and sacrifices they had to make to get to where they are at. Majority of the people throwing stones at them are the ones who were too lazy to get off their ass and actually put it the work. The ones throwing stones were busy drinking and smoking in their late teens and early 20s when these guys were the ones busting their ass getting good grades in school and doing summer internships. They couldnt do 1/10th of the work the executives did to get to that spot. All people want to look at is how much money they make. They dont look at the long nights away from family, the extremely difficult decisions they have to make, and the number of lives they are ultimately responsible for.
Its that knocking the successful person mentality and awarding those who dont want to work mentality is half the reason why America isnt as great as it once was, IMO.
Regardless of stock awards, options, or salary, you will have to pay the piper. There are no loopholes within executive compensation that allow you to not pay taxes. You have to pay it, one day or the other,
The argument for tax purposes really isn't an executive thing, but more a hedge fund and private equity thing. They take investors money and collect a management fee on those funds (typically 2% - which is taxed at ordinary income). They make investments into companies, turn them around, wait about 2 years or more, than then have a liquidity event (selling the company, taking in public, etc). The money is returned to the investors plus the return on the investment. Hedge funds and private equity managers are only taxed at the capital gain rate on their "carried interest" - which is the 20% they take on the profit of selling the company. This is significantly less than ordinary income. This loophole is much more criminal than any executive comp package.
https://en.wikipedia.org/wiki/Taxation_of_private_equity_and_hedge_funds
I think executives are unjustly made out to be criminals. Furthermore, no one ever wants to talk about the hard work and sacrifices they had to make to get to where they are at. Majority of the people throwing stones at them are the ones who were too lazy to get off their ass and actually put it the work. The ones throwing stones were busy drinking and smoking in their late teens and early 20s when these guys were the ones busting their ass getting good grades in school and doing summer internships. They couldnt do 1/10th of the work the executives did to get to that spot. All people want to look at is how much money they make. They dont look at the long nights away from family, the extremely difficult decisions they have to make, and the number of lives they are ultimately responsible for.
Its that knocking the successful person mentality and awarding those who dont want to work mentality is half the reason why America isnt as great as it once was, IMO.
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my voting record: Bush, Obama, Obama
I pick winners ask me who I'm voting for next
I pick winners ask me who I'm voting for next
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jake921660 and jake921660
