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Ruby the Liberal

(26,217 posts)
17. Thats not what "taxing income twice" means though.
Sun Dec 9, 2012, 12:38 PM
Dec 2012

The concept refers to corps paying taxes on their net income and then shareholders paying taxes on the dividends they earn. Dividends are taxed at full earned income rates while anything held 1 year and 1 day+ qualifies for the capital gains tax rate.

Why did you ignore the effect of inflation? Ignorance or deliberate omission? nt jody Dec 2012 #1
Ignorance. mia Dec 2012 #3
That's A Good Question ProfessorGAC Dec 2012 #4
"doesn't make sense to me"? OP example includes increase in value due to inflation and taxes that jody Dec 2012 #6
Huh? ProfessorGAC Dec 2012 #11
Please reread the OP and my reply #1 jody Dec 2012 #15
I'm not a professor, but I can think of four answers Orrex Dec 2012 #23
What? no. Investment income is not "inflation". -nt- DireStrike Dec 2012 #28
Capital gains are not all due to inflation Major Nikon Dec 2012 #57
"not all due to inflation" and I did not say they were. nt jody Dec 2012 #58
Neither did the OP say they weren't Major Nikon Dec 2012 #59
That's why I asked in #1 about the effects of inflation. nt jody Dec 2012 #60
You suggested the omission of that discussion was due to ignorance or was deliberate Major Nikon Dec 2012 #62
Suggest you google inflation "capital gains" nt jody Dec 2012 #63
Couldn't find anything about double taxation. Did find a lot of right wing propaganda. Major Nikon Dec 2012 #64
How about you take 10 seconds to post one cogent statement about what you are talking about? DireStrike Dec 2012 #96
What were Thomas Jefferson & James Madison nullifying, if you don't mind my asking? freshwest Dec 2012 #76
Alien and Sedition Acts see DU posts below jody Dec 2012 #83
It doesn't but it does contribute to tax on capital gains unless omitted. nt jody Dec 2012 #5
So maybe it deserves some adjustment to cover that. rucky Dec 2012 #7
How can the facts I stated have a tone? What is your agenda? nt jody Dec 2012 #8
Why do you presume agendas? JHB Dec 2012 #25
Why do you presume to speak for rucky to whom I posed a question? nt jody Dec 2012 #36
Because it's plain as day to everyone reading this thread... JHB Dec 2012 #43
You are a real piece of work. Ikonoklast Dec 2012 #46
I support the Democratic Party Platform. Do you? jody Dec 2012 #53
Nope, trying to move it Left, you know, away from the likes of Republican Turd Wayers Ikonoklast Dec 2012 #65
You admit you are "Not even vaguely a supporter of anything Democratic." If you aren't a Democrat jody Dec 2012 #67
"Anything" is a key word in my statement. Ikonoklast Dec 2012 #72
You asked me to figure it out, first guess is one of the socialist fringes from the list below. jody Dec 2012 #74
Right Wingers and Teabaggers always assume everyone not exactly like them are "Commies". Ikonoklast Dec 2012 #80
Very clever reply. nt jody Dec 2012 #84
So far you haven't stated any facts. You just keep asking questions about inflation. Walk away Dec 2012 #31
Yep. I think "Walk away" is appropriate here. It's like struggling in quicksand. geckosfeet Dec 2012 #42
There are a hundred ways to frame a fact. rucky Dec 2012 #35
No, I asked in #1 a simple question. You and others who post to this thread wander all over the jody Dec 2012 #39
Inflation Contributes To Tax On Wage Income, Also, Sir: What Is Your Point? The Magistrate Dec 2012 #9
I stated a fact. Sorry you can't draw logical conclusions. nt jody Dec 2012 #10
A Logical Conclusion to An Illogical Statement? ProfessorGAC Dec 2012 #13
Please read #15 professor. nt jody Dec 2012 #16
The Logical Conclusion, Sir, is That You Favor One Group Of Tax-Payers Over Another The Magistrate Dec 2012 #22
Ridiculous, the logical conclusion from your post is you don't have a clue about the subject. nt jody Dec 2012 #32
I See, Sir: You Are Here For Abuse, Not An Argument The Magistrate Dec 2012 #48
What a twist. You ignore the OP and my reply #1 and then have the audacity to accuse me of abuse! nt jody Dec 2012 #54
Inflation is 'backed out' of long term capital gains via 'Cost basis' adjustment on point Dec 2012 #18
You're inserting a red herring into a topic that is already beset by coalition_unwilling Dec 2012 #30
That is typical right wing argument. Impact of inflation is negligible, Hoyt Dec 2012 #37
Why don't you understand inflation doesn't increase the income? jeff47 Dec 2012 #49
Please reread the OP. It does not claim short-term capital gains hence it could be long-term. If the jody Dec 2012 #55
Affect it should have nothing to do with tax rates. jeff47 Dec 2012 #66
Understand and agree. You point out the difference between short and long term rates attempt to jody Dec 2012 #68
And neither is the Estate Tax. Lasher Dec 2012 #2
The poster is confused -- it is dividends that are taxed twice FarCenter Dec 2012 #12
You're Last Point Is The Argument for the Low Rate ProfessorGAC Dec 2012 #14
I think that corporate income taxes should be done away with and dividends taxes as ordinary income FarCenter Dec 2012 #21
I'll buy that argument Diego_Native 2012 Dec 2012 #19
That is a spurious argument by the rich dbackjon Dec 2012 #20
I think that is what happened still_one Dec 2012 #27
Dividends are not taxed twice. SunSeeker Dec 2012 #29
All income is taxed many, many times. jeff47 Dec 2012 #50
What is the rationale for taxing C Corporations differently than S Corporations, LLCs & Partnerships FarCenter Dec 2012 #71
Convenience jeff47 Dec 2012 #87
Thats not what "taxing income twice" means though. Ruby the Liberal Dec 2012 #17
Even under that meaning it is still not double taxation. SunSeeker Dec 2012 #24
Exactly. If I am taxed and I hire you as a contractor to build me Ruby the Liberal Dec 2012 #61
I think you left out a critical part of their analysis as follows Swede Atlanta Dec 2012 #26
They left out a few other things jmowreader Dec 2012 #38
a sole proprietorship is probably not going to incorporate hfojvt Dec 2012 #44
People who say this shit... jmowreader Dec 2012 #33
Emphatic K&R! (attempted red herrings notwithstanding) - n/t coalition_unwilling Dec 2012 #34
Sometimes it is double taxation, sometimes it isn't customerserviceguy Dec 2012 #40
silly in a couple ways hfojvt Dec 2012 #41
K&R It is impossible to overstate the effectiveness of arithmetic ignorance. Egalitarian Thug Dec 2012 #45
They should pay the same amount humbled_opinion Dec 2012 #47
Especially now that corporations are people too! marybourg Dec 2012 #51
The rational for a lower capital gains tax is that... reACTIONary Dec 2012 #52
Taxing dividends is not "double dipping." SunSeeker Dec 2012 #69
I don't disagree with you, but that's the argument that is being made by some. (NT) reACTIONary Dec 2012 #70
The corporation and the shareholder are not separate. former9thward Dec 2012 #77
It's not the same money. It is earned differently by different entities. SunSeeker Dec 2012 #85
You are wrong on everything. former9thward Dec 2012 #89
LOL. I've got Costco stock--so I own the "machines, land, everything" --yippeeee! SunSeeker Dec 2012 #90
That people buy stock as an investment is besides the point. former9thward Dec 2012 #91
It is exactly the point. Why people do stuff is what tax policy is based on. SunSeeker Dec 2012 #93
No they weren't facing any shareholder suit. former9thward Dec 2012 #94
Thanks, I have. Companies who respect their workers do better. SunSeeker Dec 2012 #95
I'd say treat all income the same, including inheritance. I've heard people claim it's brewens Dec 2012 #56
makes it really tough to a family brokechris Dec 2012 #73
Taxing dividends is not what is killing the family farm. SunSeeker Dec 2012 #86
I was responding to the person who brokechris Dec 2012 #88
I agree except on one point: Ilsa Dec 2012 #75
I had this argument with a guy who makes 100% OF HIS INCOME Evasporque Dec 2012 #78
It is another republican lie. liberal N proud Dec 2012 #79
All money is taxed until it disappears quaker bill Dec 2012 #81
Capital Gains is the difference in the original investment substracted from selling price, Thinkingabout Dec 2012 #82
A high capital gains tax rate encourages investment in the real economy. Odin2005 Dec 2012 #92
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