Republican Debate?

[chickened]

It is because you never had ran a business. Capital gain is just that you sell a business, stocks, a home/property it all falls under capital gains and is subject to a tax. When GW cut the capital gains tax he did a big favor for business owners and yes consumers. If you buy say some timber (my business as an example) then you sit on it for a year and then , hopefully sell it at a profit you will owe capital gain tax which is less than income tax currently. I am unfamiliar with how a shoe shop buys it's goods but if it is bought as an investment which carries benefits buying that way then it is sold for a profit you would owe capital gains but and I am not sure on this one but if you buy it on credit you would not owe capital gain. As I understand it. I know I pay it every year. Regardless you still pass all costs on to the consumer and try to maintain a good profit margin.


Capital Assets

Everything one owns for personal use, pleasure, or investment is a capital asset. These include: securities, a residence, household furnishings, a personal car, coin and stamp collections, gems and jewelry, and precious metals. Since property held for personal use is considered a capital asset, the sale or exchange of that property at a price above the basis thus results in a capital gain, which is taxable. If one incurs a loss on that property from a sale or exchange, however, the loss cannot be deducted unless it resulted from a personal casualty loss, such as fire, flood, or hurricane. Other types of property and investments also have some irregularities in their treatment as capital gains or losses for tax purposes.





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[AquaEyes]

I was thinking of capital gains taxes from personal stock investments being passed on to consumers...as in, I invest in the market for myself, and also own a business, but then use the business to cover taxes paid in my personal investments. We miscommunicated.

 

[cupman]

Let's talk about medicaid now. poor people are people too, chickened.

 

[Boyd]

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I would welcome the re-introduction to the poor houses/farms. Honestly, I would operate one at a loss here. I practically do it already with foster kids. I did the math.. I make $.13 a day per kid x 2 kids.....

trust me folks, that quarter a day really adds up over time!

Ok seriously tho.. I do believe in basic rights. Life, liberty and the persuit of happiness.. not jobs, healthcare and welfare. Have I been unemployed? Yup.. I also paid my fair share of taxes for 20 years before the huge crash so I don't feel bad as much as I should.

Should healthcare cost as much as it does????????? Now this is a huge can of worms.... How many of you folks were born to a midwife versus a Doctor/Nurse in a hospital? How many folks know how to handle the basic first aid needed to cover basic infections and cuts that only need a stitch or two?

 

[cupman]

Oh, Boyd, I was more poking fun at chickened and his stance on the poor but to be serious for a second. You say you believe in basic rights, life, liberty and the pursuit of happiness but not healthcare. Well, the sad reality is a lot of times healthcare is the difference between your basic right of life. Nobody picks their parents, it's a roll of the dice... many people like myself are lucky to be born into an upper middle class where health insurance is never a question, but sometimes the dice lands on poor family with welfare, and the kids get sick and they are uninsured. I don't want to start a big debate but I like medicaid, I have a hard time letting someone die just because they're poor.

 

[Boyd]

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I do too. Allowed many of us to live beyond our own life expediencies

PS, pm sent.. an explanation of sorts.

 

[AquaEyes]

I've always thought it was interesting that the Republican party courts the votes of the social conservatives, who are by and large christian, yet seems to have a disdain for the poor. It reminds me of a funny anti- Tea Party sign I saw posted on Facebook. It read "Obama is not a brown-skinned, anti-war socialist who gives away free healthcare. You're thinking of Jesus."

But seriously, I agree with safety nets. I know I'd like there to be one if I need one. It's just sad that inevitably, people will figure out a way to abuse them, and draw attention away from those who truly need them.

 

[Amigo]

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Jesus isn't a socialist. Saying Jesus is socialist is like saying MLK was racist!

 

[Royd]

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The reason for that is so that primaries can't be sabatoged by the opposing party. As it is, we have the media trying to influence our minds, always trying to promote some wishy washy left leaning centrist, if it's a Republican, or if it's a Democrat, some hardcore leftist......Makes you say, Hmmm.

 

[Royd]

That may be your definition of a fence sitter but it does not happen to be mine. The simple answer is someone who is wishy-washy... you may not find that in websters. Even after all the factors are presented and weighed in for the average person to make a reasonable choice and then they are still unable to make a choice that is a fence sitter as the fence is the dividing line. I think what you are describing is how far from the fence shall I sit.

That describes a lot of the voting block which identifies themselves as independents and are so proud that they get to hold elections hostage, because they have such nuanced minds.....Actually, they are more like a squirrel trying to cross a road, in heavy traffic.​