Sarah Palin's speech

[Vedubin01]

http://www.newsweek.com/id/151621



Let's just leave it at the guns and God thing. Palin went in front of 40 million people and lied her ass off. If that doesn't affect your opinion of her, let's not get into taxes on home sales.

My small condo is more than that in Miami and my family house is more than that in Mississippi. My family has many acres that is prime commercial zoned real estate. I am not for more taxation. Flat tax if anything!

BTW, I have worked for everything, I was NOT handed anything including me paying for my own college/flight school.

[RobertK]

A lot of people these days are not "go-getters" and just cruising along, expecting others to take care of them - with a job, benefits, advice, etc.

This is exactly why so many young people are behind him. Not because he represents real change but because he represents big government taking the place of Mommy & Daddy after they graduate college.

I particularly love his speaches about taxing the big evil oil companies and to punish their profiting ways. Because anytime you tax a business distributing a basic commodity you're only making the situation worse for the consumer. Do you really think you can tax a company MORE and for the price of their product to remain the same?

[ragged325]

http://www.newsweek.com/id/151621

The radio ad claims Obama would increase taxes "on the sale of your home." In fact, home-sale profits of up to $500,000 per couple would continue to be exempt from capital gains taxes. Very few sales would see an increase under Obama's proposal to raise the capital gains rate.

Let's just leave it at the guns and God thing. Palin went in front of 40 million people and lied her ass off. If that doesn't affect your opinion of her, let's not get into taxes on home sales.

[rwh11385]

I heard something about Obama implementing a 28% capital gains tax on real estate sold. Awesome way to stimulate the housing market and real estate investing :roll:. Less incentive for me to flip property and just raise rents instead.

Hey, why don't we just declare making profits illegal in the process since all these new youngsters seem to think that profit taking is so greedy.

I couldn't find the info to support that, as it was just an email...

But more than that - think of the retirees who sell their family house and downsize to a condo and have much of their equity taken by the government.

Here's a summary of what is known: actually closer than you'd expect on retirement and health care...

http://money.cnn.com/galleries/2008/news/0806/gallery.election_issues/index.html

Young people think corporations are evil because michael moore says so, and profits are things that they should have, even if they don't have the capital or risk invested... but hey, who cares about the principles of capitalism... GIVE ME MONEY GOVERNMENT!

A lot of people these days are not "go-getters" and just cruising along, expecting others to take care of them - with a job, benefits, advice, etc.

Doesn't help Obama wants to make it if you succeed you are going to get fucked by taxes - especially if you take the huge risk of starting your own business and your family can't keep it going after you pass because of estate tax. Way to kick the American dream in the balls.

[RobertK]

:up:
I'm Heeter, and I approve this message.

Besides income taxes, capital gains and dividend tax rates are also reverting back up under Obama. Not that low or some middle income people care about that, but when people have less incentive to invest in the companies that employ them, then maybe it will matter...

I heard something about Obama implementing a 28% capital gains tax on real estate sold. Awesome way to stimulate the housing market and real estate investing :roll:. Less incentive for me to flip property and just raise rents instead.

Hey, why don't we just declare making profits illegal in the process since all these new youngsters seem to think that profit taking is so greedy.

[rwh11385]

Oh please.. if anything you would grow up and realize that republicans are out to protect those who work hard to obtain the American dream against those Democrats that seek to redistribute wealth and award mediocrity.

I love how the media twisted McCain's ownership of multiple homes to seem like he cannot relate to the American public simply because he's wealthy. As much as it may hurt your feelings middle class America, you cannot simply obtain wealth by being medicre and maintaining the status quo.

If you want to tax the rich that's fine, but if you study history the rich stay rich because they know how to manage money & assets and the poor stay poor because they cannot.

:up:
I'm Heeter, and I approve this message.

Besides income taxes, capital gains and dividend tax rates are also reverting back up under Obama. Not that low or some middle income people care about that, but when people have less incentive to invest in the companies that employ them, then maybe it will matter...

[Vedubin01]

i enjoy both god and guns thank you.

amen!

[Dave]

Oh please.. if anything you would grow up and realize that republicans are out to protect those who work hard to obtain the American dream against those Democrats that seek to redistribute wealth and award mediocrity.

I love how the media twisted McCain's ownership of multiple homes to seem like he cannot relate to the American public simply because he's wealthy. As much as it may hurt your feelings middle class America, you cannot simply obtain wealth by being medicre and maintaining the status quo.

If you want to tax the rich that's fine, but if you study history the rich stay rich because they know how to manage money & assets and the poor stay poor because they cannot.

I'll assume the chemo has you a little groggy still. :up:

Heeter knows where I was coming from.

[RobertK]

We should have just got this out of the way on page one of this thread and skipped Heeter's economics lesson. If you like God and guns, you'll like Palin. No need to talk about taxes.

I enjoy both God and guns thank you.

[ragged325]

We should have just got this out of the way on page one of this thread and skipped Heeter's economics lesson. If you like God and guns, you'll like Palin. No need to talk about taxes.

[RobertK]

Not if you keep electing Republicans. They like to limit the liability of doctors, gunmakers, and other big contributors.

EDIT: Of course the upside, is that there will be more opportunities for collections, bankruptcy and foreclosure attorneys to deal with those in McCain's "middle class" who do not make six or seven figures.

Oh please.. if anything you would grow up and realize that republicans are out to protect those who work hard to obtain the American dream against those Democrats that seek to redistribute wealth and award mediocrity.

I love how the media twisted McCain's ownership of multiple homes to seem like he cannot relate to the American public simply because he's wealthy. As much as it may hurt your feelings middle class America, you cannot simply obtain wealth by being medicre and maintaining the status quo.

If you want to tax the rich that's fine, but if you study history the rich stay rich because they know how to manage money & assets and the poor stay poor because they cannot.

[Vedubin01]

So far, you've believed everything McCain has said about her without a shred of research or backup, but now you want me to come up with receipts? I'll make it simple, she's a lifelong member of the NRA. You can make your decision now.

then I vote for her just based on that fact alone!

Im also a life member of the NRA!



If you have read all my posts, its not that I hate Obama. I dont mind having a black president. I like what he has to say most of the time. But how is he going to do everything he claims he can or will do? The old saying goes, things that seem to good to be true probably are!

And if you read my posts, I never liked McCain either. He is just lesser of the two evils.

[ragged325]

So far, you've believed everything McCain has said about her without a shred of research or backup, but now you want me to come up with receipts? I'll make it simple, she's a lifelong member of the NRA. You can make your decision now.

[Vedubin01]

with out being a news article, can someone provide the actual government spending bill or such that proves this? News will always slant one way or another. Im just looking for pure fact.

[ragged325]

Look at posts 44 and 118.