Retail sales up .8 % versus estimates of .2%

#52
#52
BigPapaVol said:
don't be so dense all the time. Our tax receipts are still going to remain the same. Any attempt to attribute the problem to anything other than spending is delusion, idiocy, ignorance or all of the above.
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Raise the rate on capital gains to that it equals rate on ordinary income and eliminate gimmicks like carried interest. Deficit will go down. Employment will go up. inflation moderate. Educational stands will improve. Less people will be receiving government aid.
 
#53
#53
lawgator1 said:
Raise the rate on capital gains to that it equals rate on ordinary income and eliminate gimmicks like carried interest. Deficit will go down. Employment will go up. inflation moderate. Educational stands will improve. Less people will be receiving government aid.
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LG, if the tax rate was 50% on ordinary income and capital gains. Do you have faith the bozos in DC would pay down our debt?
Congress is going to spend every dime they can get their hand on and more.
Spending is the big problem and both sides love to spend. The same ole group will be re-elected
 
#54
#54
lawgator1 said:
Raise the rate on capital gains to that it equals rate on ordinary income and eliminate gimmicks like carried interest. Deficit will go down. Employment will go up. inflation moderate. Educational stands will improve. Less people will be receiving government aid.
Click to expand...

Raise taxes and employment will go up. Nice! :unsure:
 
#56
#56
lawgator1 said:
Raise the rate on capital gains to that it equals rate on ordinary income and eliminate gimmicks like carried interest. Deficit will go down. Employment will go up. inflation moderate. Educational stands will improve. Less people will be receiving government aid.
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what, what? :blink:
 
#57
#57
lawgator1 said:
Raise the rate on capital gains to that it equals rate on ordinary income and eliminate gimmicks like carried interest. Deficit will go down. Employment will go up. inflation moderate. Educational stands will improve. Less people will be receiving government aid.
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Carried interest as a gimmick? Do you know what it is?

Holy crap, the whole comment is absurd.
 
#58
#58
lawgator1 said:
Raise the rate on capital gains to that it equals rate on ordinary income and eliminate gimmicks like carried interest. Deficit will go down. Employment will go up. inflation moderate. Educational stands will improve. Less people will be receiving government aid.
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would be incredibly detrimental.
 
#59
#59
lawgator1 said:
Seems like the board loves to give the bad economic news so here's some good.
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Correct. Several here are rooting for a recession.

That said, it's really only "good" news in that it's not bad news. As in, at least we aren't Europe. Right now GDP growth > 1% is relatively "good."
 
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