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The solution to Occupy Wall Street!

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.AR6rider.
Posts: 15976 - Karma: 8,799
Occupy a job fair!
Nov 3 2011 3:25PM
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e.wait
Posts: 869 - Karma: 1,954
our tax code doesn't include the taxation of capital gains. therefore, the investors on wall street who are partly to blame for the current economic state, are able to avoid taxation of what is their income. hence the name "occupy wall street"
Nov 4 2011 7:48PM
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InFlames
Posts: 534 - Karma: -25
Uhmm what?


Nov 4 2011 7:51PM
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e.wait
Posts: 869 - Karma: 1,954
sorry my mistake. however, it is no secret that the these capital gains are taxed less than normal income. plus, with lawyers and accountants, the super rich are able to find loopholes and nearly avoid all taxation. i should have been more specific.
Nov 4 2011 7:56PM
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InFlames
Posts: 534 - Karma: -25
It's relative to their income. The more they make from capital gains, the more it is taxed.




Pretty much anybody is able to avoid almost all taxation, it just depends on what you're willing to do.


I have plenty of friends who's parents make "30,000'' dollars a year.
Nov 4 2011 8:07PM
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e.wait
Posts: 869 - Karma: 1,954
The rich certainly have far more resources to do so (money to afford accountants who are masters of such things). And that is exactly the problem; people (specifically the rich) are able to avoid taxation.

I understand it is relative to their income, but the rates at which they tax capital gains are taxed are significantly less than income tax. Therefore, investors making large sums of money are taxed less than those who make less. What sense does that make?
Nov 4 2011 9:35PM
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sherwood4099
Posts: 1173 - Karma: 22
Mabey if the government didn't take up to 50% of their salaries in some states the rich would be less pro to evading taxes not to mention its a small minority of rich people who break the law to evade what about 40% of US citizens who pay NO federal income tax at all.... How about broadening the tax base?
Nov 4 2011 9:40PM
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sherwood4099
Posts: 1173 - Karma: 22
Prone to evading*
Nov 4 2011 9:42PM
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NinetyFour
Posts: 8650 - Karma: 13,409
That shit was hard to watch in my grade 10 english class. I probably should have cried though, the chicks would think thats adorable.

It also reminds me of this. Don't be hating on the Sam Roberts. Anybody get to see him on his collider tour?

Nov 4 2011 9:59PM
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soulskier
Posts: 17805 - Karma: 3,821
i just occupied wall street in mw3, a good night in my books
Nov 4 2011 10:15PM
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blatt
Posts: 5584 - Karma: 3,097
getting a job now-a-days is all about connections.
Nov 4 2011 11:28PM
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VT_FLO
Posts: 3806 - Karma: 147
it's always been about connections. If you are tight with your neighbor who works at company X and you're trying to get a job, then your neighbors boss will trust his opinions on this close friend way more then some rando with a degree off the street.
Nov 5 2011 4:08PM
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vandersteeze
Posts: 2650 - Karma: 1,511
Solution to Occupy everywhere!

Nov 5 2011 4:12PM
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vandersteeze
Posts: 2650 - Karma: 1,511
Haha the line "No more welfare tax to pay, convinced the liberals its ok!" really cracks me up
Nov 5 2011 4:13PM
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ryantheconnolly
Posts: 2027 - Karma: 108
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Nov 7 2011 3:34AM
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Casey
Posts: 7785 - Karma: 23,466

We have a country that is of the people, by the people, for the people, and those people have some assbackward values. So what, this isn't news.

Nov 7 2011 3:49AM
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DOSE.
Posts: 1671 - Karma: 82
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Nov 7 2011 7:09AM
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