sorno's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/225083/comments http://seekingalpha.com/article/84609-fear-of-higher-taxes-a-cause-of-sell-off?source=feed#comment-337501 337501
> let's see...
>
> higher future tax rates stimulate asset sales currently to avoid
> the higher tax rates. as i recall, it's also a republican mantra
> that lower tax rates stimulate asset sales to take advantage of lower
> tax rates.
There is a pitfall in your logic. Lower tax rate gives people more incentive to buy assets at higher price, which is good for the economy (especially current economy). With the same logic, changing from low tax rate to high tax rate decreases assets value, which is bad.
> from this, i would simply conclude that sales and purchases of capital
> assets generally occur regardless of modest changes in tax rates.
>
>
> while it's human nature to want to pay as low a tax rate as possible,
> it is just one variable among many in determining the timing of the
> sale of a capital asset.
It's just one variable doesn't mean it's not a big one. You know why buy-and-hold works? Because comparing to short-term trading, it incurs much lower tax payments.
> your notion that capital asset sales due to a pending increase in
> tax rates are somehow undesirable is simple minded drivel for the
> uneducated masses who believe our government is evil in all things
> except war.
I havn't encounter a person has this kind of thinking. I believe your "uneducated masses" is out of your imagination and it's a way to boost your own ego because you think you are well above the masses.]]> Wed, 24 Dec 2008 10:30:36 -0500
> let's see...
>
> higher future tax rates stimulate asset sales currently to avoid
> the higher tax rates. as i recall, it's also a republican mantra
> that lower tax rates stimulate asset sales to take advantage of lower
> tax rates.
There is a pitfall in your logic. Lower tax rate gives people more incentive to buy assets at higher price, which is good for the economy (especially current economy). With the same logic, changing from low tax rate to high tax rate decreases assets value, which is bad.
> from this, i would simply conclude that sales and purchases of capital
> assets generally occur regardless of modest changes in tax rates.
>
>
> while it's human nature to want to pay as low a tax rate as possible,
> it is just one variable among many in determining the timing of the
> sale of a capital asset.
It's just one variable doesn't mean it's not a big one. You know why buy-and-hold works? Because comparing to short-term trading, it incurs much lower tax payments.
> your notion that capital asset sales due to a pending increase in
> tax rates are somehow undesirable is simple minded drivel for the
> uneducated masses who believe our government is evil in all things
> except war.
I havn't encounter a person has this kind of thinking. I believe your "uneducated masses" is out of your imagination and it's a way to boost your own ego because you think you are well above the masses.]]> http://seekingalpha.com/article/112205-does-china-truly-offer-an-alternate-economic-model?source=feed#comment-337494 337494

On Dec 24 08:51 AM User 325316 wrote:

> Dear Author,
>
> First, have you ever been to China?
>
> Also, do you believe that we do not have corruption and self-interest
> problems?
>
> When politicians have to raise hundreds of millions of dollars to
> win the elections for positions that pay 6 figure income, they (the
> politicians and their sponsors) will some how recoup their investment.
>
>
> Let's stop misleading ourselves into believing that "Our system is
> not perfect but it's the best one out there".]]> Wed, 24 Dec 2008 10:18:07 -0500

On Dec 24 08:51 AM User 325316 wrote:

> Dear Author,
>
> First, have you ever been to China?
>
> Also, do you believe that we do not have corruption and self-interest
> problems?
>
> When politicians have to raise hundreds of millions of dollars to
> win the elections for positions that pay 6 figure income, they (the
> politicians and their sponsors) will some how recoup their investment.
>
>
> Let's stop misleading ourselves into believing that "Our system is
> not perfect but it's the best one out there".]]> http://seekingalpha.com/article/84609-fear-of-higher-taxes-a-cause-of-sell-off?source=feed#comment-203179 203179 Fri, 11 Jul 2008 14:12:24 -0400