Comments on: How To Escape Capital Gains Tax http://corporateviolence.com/how-to-escape-capital-gains-tax.html Business, Loan, Finance Guides Fri, 10 Feb 2012 18:25:17 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Anonymous http://corporateviolence.com/how-to-escape-capital-gains-tax.html/comment-page-1#comment-3495 Anonymous Tue, 27 Jul 2010 22:32:45 +0000 http://corporateviolence.com/how-to-escape-capital-gains-tax.html#comment-3495 For purposes of fairness? Are you serious...despite the fact that it may be WORSE for the economy and government revenue, but you want to do it because you don't think it's fair people are making money? If you want a 'FAIR' tax system, how about abolishing capital gains and income tax altogether, and replacing everything with a sales tax. Tax people based on how much they SPEND, not how much they earn. Since rich people spend more money anyway, they'll end up paying more, THAT would be fair. For purposes of fairness? Are you serious…despite the fact that it may be WORSE for the economy and government revenue, but you want to do it because you don’t think it’s fair people are making money? If you want a ‘FAIR’ tax system, how about abolishing capital gains and income tax altogether, and replacing everything with a sales tax. Tax people based on how much they SPEND, not how much they earn. Since rich people spend more money anyway, they’ll end up paying more, THAT would be fair.

]]> By: I love Obama 3 http://corporateviolence.com/how-to-escape-capital-gains-tax.html/comment-page-1#comment-3499 I love Obama 3 Tue, 27 Jul 2010 21:06:30 +0000 http://corporateviolence.com/how-to-escape-capital-gains-tax.html#comment-3499 First off to Doc Watson... wall street responded to Obama by going down down down. It is still nowhere near where it was. A small surge was created by big investors wanting catch prices while low in advance. Now to the question. They do not understand economics. Thats the bottom line CEOs and boards look to the future. Their obligation is to see what is going to happen. When we have a person who is leading by a large margin in the polls who is promising to raise taxxes on everything.. they take notice and prepare Noone wants to be the deer staring at the incoming headlights. They see astronomical tax surges? They start laying off and reducing their overhead costs. Stock investors pull their money out NOW.. why? raising capitol gains tax to 30% will kill any possibile earnings. Many investors see it as suicide keeping their money invested when they will be hard pressed to make up for the costs. So Obama being president elect HAS killed our economy. Does the avregae person understand this? NO but most of them couldnt make it in the global business world anyways. All they care is they get their slice.. but a big slice of a nonexistant pie.. is still nothing First off to Doc Watson… wall street responded to Obama by going down down down. It is still nowhere near where it was. A small surge was created by big investors wanting catch prices while low in advance.
Now to the question. They do not understand economics. Thats the bottom line
CEOs and boards look to the future. Their obligation is to see what is going to happen. When we have a person who is leading by a large margin in the polls who is promising to raise taxxes on everything.. they take notice and prepare
Noone wants to be the deer staring at the incoming headlights.
They see astronomical tax surges? They start laying off and reducing their overhead costs.
Stock investors pull their money out NOW.. why? raising capitol gains tax to 30% will kill any possibile earnings. Many investors see it as suicide keeping their money invested when they will be hard pressed to make up for the costs.
So Obama being president elect HAS killed our economy.
Does the avregae person understand this? NO but most of them couldnt make it in the global business world anyways.
All they care is they get their slice.. but a big slice of a nonexistant pie.. is still nothing

]]> By: WPBlog Shop http://corporateviolence.com/how-to-escape-capital-gains-tax.html/comment-page-1#comment-3491 WPBlog Shop Mon, 26 Jul 2010 23:54:57 +0000 http://corporateviolence.com/how-to-escape-capital-gains-tax.html#comment-3491 New Obama Video. watch?v=EPyKUuyK_sM New Obama Video.

watch?v=EPyKUuyK_sM

]]> By: Anonymous http://corporateviolence.com/how-to-escape-capital-gains-tax.html/comment-page-1#comment-3494 Anonymous Mon, 26 Jul 2010 07:06:33 +0000 http://corporateviolence.com/how-to-escape-capital-gains-tax.html#comment-3494 @fiatalfa1 Ironically european leaders are the deficit hawks right now. Germany (3% budget deficit in 2009) passed a constitutional amendment requiring a balanced budget from 2016. Liberals would be dismayed at how pro-corporate is Europe. The top tax rates on corporate income are 10-15 points lower than in America; specially lower in Scandinavia and Switzerland. To sustain the Welfare State in Europe, 3/4 of tax revenue come from labor and consumption and 1/4 from capital and corporations. @fiatalfa1 Ironically european leaders are the deficit hawks right now. Germany (3% budget deficit in 2009) passed a constitutional amendment requiring a balanced budget from 2016. Liberals would be dismayed at how pro-corporate is Europe. The top tax rates on corporate income are 10-15 points lower than in America; specially lower in Scandinavia and Switzerland. To sustain the Welfare State in Europe, 3/4 of tax revenue come from labor and consumption and 1/4 from capital and corporations.

]]> By: Blogger http://corporateviolence.com/how-to-escape-capital-gains-tax.html/comment-page-1#comment-3489 Blogger Sun, 25 Jul 2010 09:28:45 +0000 http://corporateviolence.com/how-to-escape-capital-gains-tax.html#comment-3489 I'm laughing so hard...let's see "You can't use China as a credit card"....yeaaaaahh OK Mr. President. "Pay as you go" loll lol lol lol lol. Pure comedy I’m laughing so hard…let’s see “You can’t use China as a credit card”….yeaaaaahh OK Mr. President. “Pay as you go” loll lol lol lol lol.

Pure comedy

]]> By: Free Blog http://corporateviolence.com/how-to-escape-capital-gains-tax.html/comment-page-1#comment-3490 Free Blog Sun, 25 Jul 2010 08:50:40 +0000 http://corporateviolence.com/how-to-escape-capital-gains-tax.html#comment-3490 How the hell did this guy win the election? How the hell did this guy win the election?

]]> By: Anonymous http://corporateviolence.com/how-to-escape-capital-gains-tax.html/comment-page-1#comment-3493 Anonymous Sun, 25 Jul 2010 07:31:04 +0000 http://corporateviolence.com/how-to-escape-capital-gains-tax.html#comment-3493 @alexedit1 Bush didnt walk into a surplus. Clinton ROBBED Social Seacurity and medicare to create a surplus. SS now takes in less money than its handing out. Plus Greenspan under Clinton caused a Tech bubble by lowering interest rates and flooding the system with cheap credit. It collapsed when Bush came into power plus 9/11 so he did the same. Low interest rates was cheap money for houses plus "stimulus" spending raised GDP figures even though that was borrowed money from China. (continued) @alexedit1 Bush didnt walk into a surplus. Clinton ROBBED Social Seacurity and medicare to create a surplus. SS now takes in less money than its handing out. Plus Greenspan under Clinton caused a Tech bubble by lowering interest rates and flooding the system with cheap credit. It collapsed when Bush came into power plus 9/11 so he did the same. Low interest rates was cheap money for houses plus “stimulus” spending raised GDP figures even though that was borrowed money from China. (continued)

]]> By: shaz http://corporateviolence.com/how-to-escape-capital-gains-tax.html/comment-page-1#comment-3498 shaz Sun, 25 Jul 2010 07:30:12 +0000 http://corporateviolence.com/how-to-escape-capital-gains-tax.html#comment-3498 That's because the subject is so complex. If your parents transfer the house to you, they have to live for seven years to escape the value of the house being taken back into the estate for inheritance tax calculation. Also, they would have to pay you a market-value rent if they wanted to carry on living there. You have to watch the situation being "a deed with reservation". Not likely Capital Gains would apply if house will be your main residence. Capital Gains liability only arises when a property that is not your main residence is sold at a profit. Say when anything happens to your parents, you want to sell house, if their part, which perhaps you would let for a while, and you make a profit from the estimated value on their death, that may be liable. Also, if that house is not their main residence, on transfer to you, they may be liable to Capital Gains Tax, even if no money changes hands. I think you need to see a financial advisor. Not one of these anybodies who set up with a very basic knowledge, but a specialist in financial planning, with a view to setting up a trust. That's because the subject is so complex. If your parents transfer the house to you, they have to live for seven years to escape the value of the house being taken back into the estate for inheritance tax calculation. Also, they would have to pay you a market-value rent if they wanted to carry on living there. You have to watch the situation being "a deed with reservation".
Not likely Capital Gains would apply if house will be your main residence. Capital Gains liability only arises when a property that is not your main residence is sold at a profit. Say when anything happens to your parents, you want to sell house, if their part, which perhaps you would let for a while, and you make a profit from the estimated value on their death, that may be liable. Also, if that house is not their main residence, on transfer to you, they may be liable to Capital Gains Tax, even if no money changes hands.
I think you need to see a financial advisor. Not one of these anybodies who set up with a very basic knowledge, but a specialist in financial planning, with a view to setting up a trust.

]]> By: Anonymous http://corporateviolence.com/how-to-escape-capital-gains-tax.html/comment-page-1#comment-3492 Anonymous Sun, 25 Jul 2010 06:20:04 +0000 http://corporateviolence.com/how-to-escape-capital-gains-tax.html#comment-3492 conti. Obama is doint the EXACT SAME as Bush did before him but much much bigger. It didnt work for Bush and its not gonna work for Obama. These policies have always lead to a default, and nations dont default like you or I they inflate the currency. Which is print billions like Zimbanwe did. To pay off Americas debt you need at the very least the dollar to be devalued a 3rd, but thats only a part time solution. Itll happen again and again unless the books are balanced! conti. Obama is doint the EXACT SAME as Bush did before him but much much bigger. It didnt work for Bush and its not gonna work for Obama. These policies have always lead to a default, and nations dont default like you or I they inflate the currency. Which is print billions like Zimbanwe did. To pay off Americas debt you need at the very least the dollar to be devalued a 3rd, but thats only a part time solution. Itll happen again and again unless the books are balanced!

]]> By: Wordpress http://corporateviolence.com/how-to-escape-capital-gains-tax.html/comment-page-1#comment-3488 Wordpress Sat, 24 Jul 2010 23:50:20 +0000 http://corporateviolence.com/how-to-escape-capital-gains-tax.html#comment-3488 @andywclark the voters only wanted him to be the first black prez i voted for mccain @andywclark the voters only wanted him to be the first black prez i voted for mccain

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