TomF75

Why Merrill Lynch Is Bullish on 2010: Foreseeing a Burst of the Pessimism Bubble

Take you one better...70% income tax on ALL income above $1.5 million EXCEPT those with an ownserhip of at least 2% in a Public or Privately held company. You keep entrepanuerism alive, and kill the parasites.


On Dec 15 01:55 PM apppro wrote:

> Until something is done about the 'Trader/Traitor Decade' and the
> short-term mentality it has fostered - nothing will change for the
> better. We have allowed short-term option traders/traitors to deplete
> what little optimism is left after 'The Shorting of America' and
> we need that to end.
>
> STOP THE INSANITY NOW!
>
> Revised Tax Rules:
>
> 1. Capital gains under <6 months - 55% tax on capital gains
> 2. Capital gains 6 > 12 months - 45% tax on capital gains
> 3. Capital gains 1 > 2 yeas - 35% tax on capital gains
> 4. Capital gains 2 > 5 years - 18% tax on capital gains
> 5. Capital gains 5+ years - 5% tax on capital gains
> 6. Most critical of all — Institute a capital gains tax of 55% on
> ALL short sales not directly tied to a long buy by a licensed hedge
> fund.

When Will the Market Turn Negative Again?

Oil hasn't doubled?!?!? Dude maybe you need to take 4th grade math again:
12/30 spot price: 33.97
6/4 spot price: 68.45

looks like a 2 bagger to me


On Jun 06 01:22 AM IronBob wrote:

> Please post facts. Oil has not doubled. In fact, it's not even close
> to double. Steady and sporadic increases in oil prices usually don't
> have that much of an impact.
>
> It's the clear and present jumps of $3-$5 a day over a course of
> a week or two that hugely impacts the economy. If that occurs then
> you are correct, all bets are off because inflation is waiting around
> the corner.

Great Depression Not Imminent, But Inevitable

Rants about the impending end of the world by aarc and other on SA make me confident the bottom is in sight. Even if the USA is going to hell in a hand basket, there are plenty of lucrative places to invest during the Chinese-Indian-Brazili... Century

Friday Market Preview: Was Dow 8,000 the Bottom?

CLH,

I'm afraid the problem with that is marginal tax rates were WWAAAYYY lower in the 1940's. When the average Federal Tax rate is 3% (granted I think the top rate was 80% or so) its easy to double even triple the tax rate to grow revenue. When the top tax rate is 35% not much room for growth w/o the rate becoming punitive. I just saw some left-wing German wants to raise the top rate to 80% on incomes over $750k, its a bit much in my mind.

On Nov 14 05:51 AM CLH wrote:

> Where did the money come from in the 1940s war? Our debt was 5 times
> larger then today (%of GDP). We soon paid it off with no inflation.
> This is what ended the depression. Spend--spend spend.