Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Sarah Ibarruri

(21,043 posts)
186. Deduction is what you get in return. Look, don't bother responding.
Mon Mar 24, 2014, 07:14 PM
Mar 2014

You're behaving purposefully obtuse.

And there are so many ways they can PumpkinAle Mar 2014 #1
Yup. The rich take deductions (welfare) in countless ways - even pleasure trips nt Sarah Ibarruri Mar 2014 #4
I do that. I'm not 'rich', by any means. Ikonoklast Mar 2014 #23
The Rich IS welfare Queen tayeboss Mar 2014 #2
Yup, it's not some black lady Reagan invented. It's suited CEOs making millions and all the rest nt Sarah Ibarruri Mar 2014 #5
Simplify the tax system JJChambers Mar 2014 #3
I don't think this would pass at all yeoman6987 Mar 2014 #6
Crap I am so sorry yeoman6987 Mar 2014 #7
No more mortgage deduction or child tax credit? theboss Mar 2014 #8
How did they triple? JJChambers Mar 2014 #10
Do you own a home or have kids? theboss Mar 2014 #11
I know what I pay in taxes and mine would go down with that plan JJChambers Mar 2014 #12
That doesn't answer my question theboss Mar 2014 #13
Yes, two actually (hope to change that soon) JJChambers Mar 2014 #14
How about limiting the value of deductions FreeJoe Mar 2014 #85
Median priced home for where? NutmegYankee Mar 2014 #135
I agree that there needs to be tax reform SickOfTheOnePct Mar 2014 #9
So paying tax on capital gains is OK, but deducting capital losses is welfare? That is complete BS badtoworse Mar 2014 #15
If you're gambling, it should be your problem and your loss completely, don't you think? nt Sarah Ibarruri Mar 2014 #16
If you want to look at it that way, then win or lose it's none of the government's business. badtoworse Mar 2014 #17
Incorrect. The govt is there to protect the nation, and the entire nation needs to be protected. Sarah Ibarruri Mar 2014 #18
You're very naive and uninformed about investing. badtoworse Mar 2014 #19
regardless...not a very nice response...is it? Laura PourMeADrink Mar 2014 #24
Perhaps not. I'm a serious investor and I found her attitude about this to be not very nice. badtoworse Mar 2014 #30
Read it too fast...thought she was talking about gambling, literally. You are Laura PourMeADrink Mar 2014 #106
Incorrect. Investing is a choice. My country shouldn't be penalized for your investment losses nt Sarah Ibarruri Mar 2014 #35
What happens when no one invests in a business? joeglow3 Mar 2014 #42
I don't care. Let me repeat. Your choices with your excess $ is not the country's problem nt Sarah Ibarruri Mar 2014 #45
Like I said, the ignorance hurts. joeglow3 Mar 2014 #47
No, what hurts is how entitled you feel to our govt "paying you" for your losses nt Sarah Ibarruri Mar 2014 #68
Doubling down on the ignorance I see joeglow3 Mar 2014 #79
Arguing with the clueless is waste of time, so we're done here. badtoworse Mar 2014 #62
You can deduct all you want, but that money you're keeping is our country's money nt Sarah Ibarruri Mar 2014 #64
All your money are belong to us. oldhippie Mar 2014 #69
People like that keep the Cayman Islands in business. badtoworse Mar 2014 #74
Post of the day joeglow3 Mar 2014 #115
What you say? Capt. Obvious Mar 2014 #210
AYBABTU joeglow3 Mar 2014 #219
When an investor invests money they are using money they earned in another endeavor Nuclear Unicorn Mar 2014 #109
Plenty? It depends entirely on what you call middle class. Enthusiast Mar 2014 #202
This makes no sense. delta17 Mar 2014 #142
Now you've lost the plot of your argument treestar Mar 2014 #125
Read the blather she's posted in this thread. I'm not being unfair. badtoworse Mar 2014 #132
You can explain your argument treestar Mar 2014 #134
And it was clear she has no interest in learning joeglow3 Mar 2014 #136
Insults. Enthusiast Mar 2014 #203
Read joeglow3 Mar 2014 #207
I think she understands that quite well... badtoworse Mar 2014 #138
Wow. The ignorance is burning joeglow3 Mar 2014 #28
What? Are you kidding me? Your gambling losses should be my or my country's problem? nt Sarah Ibarruri Mar 2014 #34
The fact that you see it as gambling shows just how ignorant you are. joeglow3 Mar 2014 #37
I don't care how you see it. Your choices with your excess money should not be my problem nt Sarah Ibarruri Mar 2014 #40
What if I told you that the tax code allows you to deduct *actual* gambling losses ... dawg Mar 2014 #213
I wouldn't call it gambling hfojvt Mar 2014 #26
Again, why should my country have to pay you for your decisions in gambling, or your choices in Sarah Ibarruri Mar 2014 #36
Name one investment you have made joeglow3 Mar 2014 #39
Oh my God. Now we're getting personal here? I said that gambling should not be the country's prob Sarah Ibarruri Mar 2014 #41
Answer the question. joeglow3 Mar 2014 #44
Clearly, you think your losing choices with your excess money should be protected by me Sarah Ibarruri Mar 2014 #46
Answer the question joeglow3 Mar 2014 #48
Answer the question! Enthusiast Mar 2014 #204
Ignore questions. Who needs a back and forth conversation... joeglow3 Mar 2014 #209
Agenda Enthusiast Mar 2014 #212
Words joeglow3 Mar 2014 #214
How dare you question deductions! Enthusiast Mar 2014 #205
No. Speak about shit you know nothing about joeglow3 Mar 2014 #208
Only to the extent that they should offset my winning choices. dawg Mar 2014 #215
I doubt the economy would melt down if the govt doesn't bail out investment losses nt Sarah Ibarruri Mar 2014 #222
being an economist hfojvt Mar 2014 #51
What do you call it when someone starts a couple businesses? joeglow3 Mar 2014 #52
I thought it was pretty clear hfojvt Mar 2014 #55
The rules are the same. I did not see anyone make a delineation. joeglow3 Mar 2014 #57
I am using the definition from an elementary economics class. hfojvt Mar 2014 #77
Fair enough. You are applying economic terms to finance joeglow3 Mar 2014 #116
That wasn't clear to me .... oldhippie Mar 2014 #61
I'm not a tax attorney, but I don't think the U.S. govt should be "paying" people for Sarah Ibarruri Mar 2014 #63
what are you calling "excess" money? hfojvt Mar 2014 #86
Excess money. Lower income people have no excess money. nt Sarah Ibarruri Mar 2014 #88
So, anyone with a dollar to spare is "rich?" joeglow3 Mar 2014 #117
Well I made hfojvt Mar 2014 #128
Your ignorance of the economy is astounding joeglow3 Mar 2014 #100
I'm off to lunch, but when I return, I'll discuss how you can keep your job even if deductions Sarah Ibarruri Mar 2014 #103
Yeah. PLEASE explain it to me joeglow3 Mar 2014 #107
Hurry back so you can be slapped down and insulted more. Enthusiast Mar 2014 #206
"This will teach you upstarts to question low low low taxes for the job creators!" I know! nt Sarah Ibarruri Mar 2014 #223
Tax deductions on charitable donations is NOT paying people to donate... Adrahil Mar 2014 #127
You can only deduct gambling losses from income taxed from gambling wins. Drahthaardogs Mar 2014 #59
Sorry, I was actually referring to losses in cap gains :) nt Sarah Ibarruri Mar 2014 #65
Oh, Jesus ..... oldhippie Mar 2014 #71
Gambling? Who said anything about gambling? FreeJoe Mar 2014 #94
That would pretty much end most startup businesses that need investors. Hoyt Mar 2014 #78
du rec. xchrom Mar 2014 #20
Thanks! nt Sarah Ibarruri Mar 2014 #43
Cool! Le Taz Hot Mar 2014 #21
Who said that? Did you view the youtube, or merely posted a response just to respond something? nt Sarah Ibarruri Mar 2014 #38
a mortgage deduction is a tool of the rich? DrDan Mar 2014 #22
It favors the rich more than poor or middle class taught_me_patience Mar 2014 #25
the deduction is for a mortgage. Don't believe that applies renters. DrDan Mar 2014 #27
Does the link take into account the phase out of itemized deductions? joeglow3 Mar 2014 #32
I can assure you that if your landlord can't deduct his mortgage, your rent will increase. Hoyt Mar 2014 #81
So when he/she pays off their mortgage, rent will be free right? taught_me_patience Mar 2014 #147
By that time, he'll be putting in big bucks to refurbish the place. Hoyt Mar 2014 #148
That's the argument that if you treat the rich nicely, they'll trickle down to you. Sarah Ibarruri Mar 2014 #162
No, that is the argument that a landlord has to cover expenses and price his apartments so as to be Hoyt Mar 2014 #172
Paraphrasing. You said that if the landlord was doing okay, the rents would be lower. Right? Sarah Ibarruri Mar 2014 #174
Mostly hfojvt Mar 2014 #29
I'm hardly rich and the deduction is a big deal for me NutmegYankee Mar 2014 #49
I dislike it when people say "I am hardly rich" hfojvt Mar 2014 #53
Household income of 89K. NutmegYankee Mar 2014 #60
with a household of one hfojvt Mar 2014 #129
For personal income, yes. NutmegYankee Mar 2014 #131
but even in Connecticut hfojvt Mar 2014 #152
So what is your point? NutmegYankee Mar 2014 #153
I would say rich, rather than wealthy hfojvt Mar 2014 #194
Well then, let me go get my monocle and tailored suit. NutmegYankee Mar 2014 #195
right - but that standard deduction has doubled in the last 20 years or so DrDan Mar 2014 #54
actually it has not hfojvt Mar 2014 #67
married filing jointly was $6200 in '93, or $9,995 adjusted DrDan Mar 2014 #108
Deductions for charitable giving should go away? Ilsa Mar 2014 #31
Of course they should. Why should someone get money from charity? Either it's charity, or it's not Sarah Ibarruri Mar 2014 #33
No one gets any money by donating to charity mainer Mar 2014 #113
So are you saying that you wouldn't give charity if you couldn't get $ advantages from it? Sarah Ibarruri Mar 2014 #163
I give lots to charity, out of generosity. mainer Mar 2014 #180
Let me tell you what charity is NOT Sarah Ibarruri Mar 2014 #182
The only thing I expect in return is a thank-you note mainer Mar 2014 #184
Deduction is what you get in return. Look, don't bother responding. Sarah Ibarruri Mar 2014 #186
I know what I'm talking about, because I'm the one who writes the checks. mainer Mar 2014 #188
You are repeating the very words Republicans say. Goodbye. nt Sarah Ibarruri Mar 2014 #190
That's her bottom line .... oldhippie Mar 2014 #192
Charities oppose eliminating estate taxes and Ilsa Mar 2014 #137
How does getting back 50% change the fact you've given 100%? mainer Mar 2014 #181
Yes, they are still out money. Ilsa Mar 2014 #183
It doesn't lower my tax bracket mainer Mar 2014 #187
Most of us give from the heart, I think. Ilsa Mar 2014 #189
Childfree folks should get a tax credit, IMO PasadenaTrudy Mar 2014 #50
Also by helping to remove the sanctimony gene from the pool. So thanks. nt Dreamer Tatum Mar 2014 #56
however, you are not adding to the taxpayer pool - who will pay taxes in the future? DrDan Mar 2014 #58
People will never stop breeding... PasadenaTrudy Mar 2014 #121
I can understand both sides DrDan Mar 2014 #123
I'm on board with that. If those with kids get a deduction, why not us? Sarah Ibarruri Mar 2014 #72
Agreed. Vashta Nerada Mar 2014 #101
THANK YOU Skittles Mar 2014 #143
Leave it to me PasadenaTrudy Mar 2014 #144
So you think me giving less of my income to Fed Tax .... oldhippie Mar 2014 #66
I believe taxes are too high on the working poor and middle class BECAUSE those who have Sarah Ibarruri Mar 2014 #70
I believe .... oldhippie Mar 2014 #73
I believe that you don't know squat about economics, but you like your excess money - a lot nt Sarah Ibarruri Mar 2014 #76
I believe you like my "excess money" ..... oldhippie Mar 2014 #80
Right on the money! Brilliant! badtoworse Mar 2014 #141
You believe many of the working poor are making money from the EITC joeglow3 Mar 2014 #83
I should've known you were in the business. lol So is my brother-in-law, which is why I know what Sarah Ibarruri Mar 2014 #90
Nice job of not addressing my point joeglow3 Mar 2014 #95
Without deductions you'd have no job. Let's examine it from that angle! :-P nt Sarah Ibarruri Mar 2014 #98
I am a CPA with a strong understanding of GAAP joeglow3 Mar 2014 #102
Deductions are just a way to encourage positive behaviors LittleBlue Mar 2014 #75
Some deductions are abusive, but I basically agree. And, one thing a lot of folks miss is Hoyt Mar 2014 #84
Charity is such a scam Sarah Ibarruri Mar 2014 #87
Look, if I had $100,000 to give, I'd get a deduction "returning" $35,000, I'd still be out $65,000. Hoyt Mar 2014 #91
So you think I (and the others in the U.S.) should "pay" you for giving charity? Excuse me? Sarah Ibarruri Mar 2014 #93
No one is paying me (because I'm not taking that deduction). The government is saying we value Hoyt Mar 2014 #97
The govt is keeping you from having to pay what you would've paid. Therefore, it's paying you. nt Sarah Ibarruri Mar 2014 #99
I would still be contributing a net $65,000. Are you against orphanages getting contributions? Hoyt Mar 2014 #104
No SickOfTheOnePct Mar 2014 #120
Taking less of your money isn't "paying you" at all. n/t EX500rider Mar 2014 #130
YOU aren't paying anything. Nuclear Unicorn Mar 2014 #139
It's no use trying to explain .... oldhippie Mar 2014 #126
Okay, here is the issue LittleBlue Mar 2014 #92
It boils down to money the govt is giving you, and the govt should not be in the business of handing Sarah Ibarruri Mar 2014 #96
Here is the way I think about it LittleBlue Mar 2014 #114
The government isn't giving people money when people donate to charity. Nuclear Unicorn Mar 2014 #140
And that's something a lot of people don't understand mainer Mar 2014 #110
You know, people don't just give their "garbage" YarnAddict Mar 2014 #171
Maybe not everyone, but LOTS of people give their trash, stuff that belongs in a dumpster nt Sarah Ibarruri Mar 2014 #175
Some deductions are necessary FreeJoe Mar 2014 #82
Truthfully, I think that is OK with some short-sighted folks. Hoyt Mar 2014 #89
Deductions let you keep more of the money YOU earned mainer Mar 2014 #105
So you are against taxes then. Am I correct? Because if you consider that YOUR money, Sarah Ibarruri Mar 2014 #165
The poster never said anything about eliminating all taxes. Nuclear Unicorn Mar 2014 #173
Never said I was against taxes. I only argue with your definition mainer Mar 2014 #179
You can argue all you want. The money the country needs to survive needs to come from us... Sarah Ibarruri Mar 2014 #185
I pay the maximum tax rate. mainer Mar 2014 #191
I'm merely saying that those who have plenty to live on, should get no deductions. nt Sarah Ibarruri Mar 2014 #193
Is any money you earn and the government doesn't take 'welfare'?... n/t PoliticAverse Mar 2014 #227
Allowing people to keep more of their own money YarnAddict Mar 2014 #111
You obviously didn't watch the youtube video. nt Sarah Ibarruri Mar 2014 #166
So how do you feel about the EITC? n/t YarnAddict Mar 2014 #168
I'm fine with that. They need it. Did you watch the video or not? nt Sarah Ibarruri Mar 2014 #176
I don't tax with you! Throd Mar 2014 #112
Another one that didn't watch the youtube, but merely responded in a knee-jerk response nt Sarah Ibarruri Mar 2014 #167
Tax Deductions aren't what you think Token Republican Mar 2014 #118
The real beneficiaries of the mortgage tax deduction TexasBushwhacker Mar 2014 #170
Giving the richest and large corporations welfare through deductions, low maximum tax rates, indepat Mar 2014 #119
I understand deductions, but not tax rates joeglow3 Mar 2014 #150
Is not the effective corporate tax rate just +/- 7%? indepat Mar 2014 #196
I can't speak for all companies. joeglow3 Mar 2014 #197
GE reportedly pays no FIT on an income probably many multiples that of your Fortune 500 company indepat Mar 2014 #198
But, you are being misled joeglow3 Mar 2014 #199
Many thanks. Knew some but not all these tidbits. indepat Mar 2014 #225
Absolutely! nt Sarah Ibarruri Mar 2014 #161
What a fantastic video!!! Posted to Facebook. WhaTHellsgoingonhere Mar 2014 #122
Thank you so much. Keep passing it around. nt Sarah Ibarruri Mar 2014 #159
Here's what I wrote on my Facebook page WhaTHellsgoingonhere Mar 2014 #177
Wow, that's awesome! Thank you! nt Sarah Ibarruri Mar 2014 #178
Good point treestar Mar 2014 #124
Exactly. No homeless or poor person would be able to buy a house and get that welfare nt Sarah Ibarruri Mar 2014 #160
There has been some interesting post here. On home mortgage interest deduction, Thinkingabout Mar 2014 #133
Let's Tax Offshore Wealth Octafish Mar 2014 #145
+1. Have no use for folks who made money here and hid it. Hoyt Mar 2014 #149
I'd be all for that. nt Sarah Ibarruri Mar 2014 #158
I heard from Thom Hartman that Lunacee_2013 Mar 2014 #146
Lunacee - I would be very interested in reading about that. Wouldn't surprise me! nt Sarah Ibarruri Mar 2014 #157
Here's a link (sorry I don't know how to make it small): Lunacee_2013 Mar 2014 #200
No kidding gopiscrap Mar 2014 #151
Exactly. The same ones whining about the poor and homeless are bleeding the country dry nt Sarah Ibarruri Mar 2014 #156
I wish I could rec this a thousand times! One of the most important Rex Mar 2014 #154
Thank you! Corporate welfare is like a broken faucet from which the water is shooting out non-stop Sarah Ibarruri Mar 2014 #155
It would! Nobody wants to talk about it, but boy do they love to beat up on Rex Mar 2014 #164
They're like the Nazis - creating scapegoats so no one realizes what THEY are doing. nt Sarah Ibarruri Mar 2014 #169
k&r for the truth. n/t Laelth Mar 2014 #201
Most business deductions are 100% necessary. dawg Mar 2014 #211
it sounds like she wouldn't let you deduct business losses mainer Mar 2014 #216
Her heart's in the right place. dawg Mar 2014 #218
The more you spend, the more you save. Boom Sound 416 Mar 2014 #217
For every dollar you spend, you save ... like 35 cents. Do that long enough and ... dawg Mar 2014 #220
Agreed. But my comment is about incentive,as well as, Boom Sound 416 Mar 2014 #221
As a tax CPA, I laughed and appreciate your comment joeglow3 Mar 2014 #224
"Write it off what?!"... PoliticAverse Mar 2014 #226
Latest Discussions»General Discussion»Tax Deductions are a HUGE...»Reply #186