From: Ray Fischer on
Bill Graham <weg9(a)comcast.net> wrote:
>"SMS" <scharf.steven(a)geemail.com> wrote in message
>> Ray Fischer wrote:
>>> That's more rightard stupidity. In fact a lot of inheritence has had
>>> no taxes paid whatever. Example: Stock bought at $1/share, appreciated
>>> to $100, and then transferred upon death. Taxes paid on that $99 of
>>> gain? ZERO. And rightards so love the wealthy that they would rather
>>> pay more of their own taxes than see children who didn't even work for
>>> the money get all the benefits and not even pay any taxes.
>>
>> That's what's so amazing, the same people that don't understand how
>> inheritance taxes work are the ones that will be paying the price for
>> their elimination either through their own higher taxes or through the
>> devaluation of the dollar caused by higher deficits.
>>
>> Unrealized capital gains form the vast majority of the value of large
>> estates, and these gains were never taxed, and if the estate tax is
>> repealed they will never be taxed. This is very unfair to those who pay
>> capital gains taxes during their lifetime.
>>
>> There is no "death tax" for 98% of Americans. For the 2% with estates
>> large enough to be subect to taxation, the average tax rate is 17%.
>>
>> If the handlers of the neo-cons can be praised for one thing it's their
>> cleverness in convincing many millions of dumb people to actively campaign
>> against their own self-interest.
>
>If the object of taxation is to, "steal equally from everyone" then you

Graham is a sociopath who thinks that stealing from society is good
and paying for the government that protects him is bad.

--
Ray Fischer
rfischer(a)sonic.net

From: Ray Fischer on
Bill Graham <weg9(a)comcast.net> wrote:
>
>"SMS" <scharf.steven(a)geemail.com> wrote in message
>news:4ab69032$0$1660$742ec2ed(a)news.sonic.net...
>> Ray Fischer wrote:
>>
>>> That's more rightard stupidity. In fact a lot of inheritence has had
>>> no taxes paid whatever. Example: Stock bought at $1/share, appreciated
>>> to $100, and then transferred upon death. Taxes paid on that $99 of
>>> gain? ZERO. And rightards so love the wealthy that they would rather
>>> pay more of their own taxes than see children who didn't even work for
>>> the money get all the benefits and not even pay any taxes.
>
>Capitol gains taxes discourage people from investing their money,

Rampant fraud in the financial services industry scares people away
from investing and causes serious harm to the economy.

> I
>would eliminate capitol gains taxes permanently.

And replace it with straight income tax. Change that 15% tax rate for
capital gains to 35% for straight income tax.

--
Ray Fischer
rfischer(a)sonic.net

From: Ray Fischer on
Bill Graham <weg9(a)comcast.net> wrote:
>"SMS" <scharf.steven(a)geemail.com> wrote in message
>> Ray Fischer wrote:
>>> Miles Bader <miles(a)gnu.org> wrote:
>>>> rfischer(a)sonic.net (Ray Fischer) writes:
>>>>> The very welathy can actually pay a LOWER tax rate because their
>>>>> income is not always in the form of salaries.
>>>> Ah.. that must be why the repubs are forever trying to get rid of
>>>> capital gains taxes...
>>>
>>> And inheritence taxes. The very taxes that most affect the idle rich.
>>
>> No Ray, you're supposed to call it a "Death Tax" like the rightards.
>
>And it's death taxes for the hard working rich.

In heriting millions of dollars tax free so that you never have to
work again is for the "hard working rich".

Or graham is a gullible idiot.

> All the "idle" people I know
>are the welfare puppies that live off my taxes.

There aren't any. Congress passed a law limiting lifetime welfare
benefits to 5 years.

> The rich people I am
>familiar with

Bernard Madoff?

--
Ray Fischer
rfischer(a)sonic.net

From: Ray Fischer on
mikey4 <lakediver(a)dd..net> wrote:
>"Ray Fischer" <rfischer(a)sonic.net> wrote in message
>> mikey4 <lakediver(a)dd..net> wrote:

>>>>>http://groups.google.com/group/rec.photo.digital/browse_thread/thread/16c602542978b515/51ec3250dbeab29b?hl=en&q=#51ec3250dbeab29b
>>>>>
>>>>>Thank you John for posting the link, the only part that post that is me
>>>>>is
>>>>>the header.
>>>>
>>>> mikey tries to deny his own words.
>>>>
>>>> Nothing but a rightard coward.
>>>>
>>>Sorry to disappoint you once again ray. What is under that header are
>>
>> mikey tries to deny his own words. Typical rightard cowardice.
>>
>> --
>Tell you what ray, I'll find the post and I'll repost it in it's entirety
>right here.

Or you'll find the post and NOT repost it when you realize what a
hypocrite you are.

--
Ray Fischer
rfischer(a)sonic.net

From: David J. Littleboy on

"Ray Fischer" <rfischer(a)sonic.net> wrote:
> Bill Graham <weg9(a)comcast.net> wrote:
>>
>>"SMS" <scharf.steven(a)geemail.com> wrote in message
>>news:4ab69032$0$1660$742ec2ed(a)news.sonic.net...
>>> Ray Fischer wrote:
>>>
>>>> That's more rightard stupidity. In fact a lot of inheritence has had
>>>> no taxes paid whatever. Example: Stock bought at $1/share, appreciated
>>>> to $100, and then transferred upon death. Taxes paid on that $99 of
>>>> gain? ZERO. And rightards so love the wealthy that they would rather
>>>> pay more of their own taxes than see children who didn't even work for
>>>> the money get all the benefits and not even pay any taxes.
>>
>>Capitol gains taxes discourage people from investing their money,
>
> Rampant fraud in the financial services industry scares people away
> from investing and causes serious harm to the economy.

What I don't get is why people think _gambling in the stock and junk bond
markets_ is investing. The money you pay for stocks (the vast majority of
the time) just goes to other gamblers, and the money you pay for junk bonds
just goes down the tube. Investment grade corporate and municiple bonds are
actually investments.

>> I would eliminate capitol gains taxes permanently.
>
> And replace it with straight income tax. Change that 15% tax rate for
> capital gains to 35% for straight income tax.

Seconded.

--
David J. Littleboy
Tokyo, Japan