David Horsey by David Horsey

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  1. macb423

    macb423 said, 6 months ago

    Our generation (I’m 59) is waking up from a hangover. We believed a billion dollar financial industry who told us we should live in fear of poverty in retirement, but they’d take care of it for us. The whole industry lives on platitudes and no one should ever believe a financial advisor again.

  2. harleyquinn

    harleyquinnGenius_badge said, 6 months ago

    The tax man comeith. His name is Berock… Berock Obama. With his side kick Dems Polosie No soicial plan goes unfunded with your money. He is here to buy your vote.
    Magic green government jobs are what he plans for us all.
    Your money you earn is now not your own.

  3. tracht47

    tracht47 said, 6 months ago

    Just be grateful that Bush’s social security scheme didn’t pass. Or you would have even less money for retirement.

  4. Simon_Jester

    Simon_Jester said, 6 months ago

    Everybody knows the private sector does a better job at running things than the US Government.

    Well…except for Enron…and Tyco, and Kellogg, Brown and Root. And okayyyyy, Blackwater is in there too, and so is AIG I guess, and Circuit City, and Goldman Sachs, and all the Wall Street Brokerage houses.

    Ahhhh, and yes, Bernie Madoff was part of the private sector as well.

    But…other than THAT….

  5. danielsangeo

    danielsangeo said, 6 months ago

    “The tax man comeith. His name is Berock… Berock Obama. With his side kick Dems Polosie No soicial plan goes unfunded with your money.”

    Let’s see here. 5 spelling errors. 24 words. Two grammatical errors. Approx 25% error rate.

    Oh, did you want me to respond with actual content? Well, until you decide to POST something with actual content, I’ll critique your posting style.

    “Your money you earn is now not your own.”

    Yes. It is. You have the option of staying in the country and benefiting from it, which means that you’ll have to pay for it with your money you earn…or you can leave. You don’t get to take the benefits with you, though.

  6. harleyquinn

    harleyquinnGenius_badge said, 6 months ago

    Jester that is what happened when you take risks. Some fail some make money.
    When the government does it it is not allowed to fail and only our money can keep the program alive no matter how bad it is.
    So yes i would say the private sector who has some skin in the game so to speak can and does a better job then private.

  7. harleyquinn

    harleyquinnGenius_badge said, 6 months ago

    Danial. whatever.. post it notes on the net.
    FAIR TAX
    A better way
    The shark fins should have the IRS printed on them.
    Just in case you missed it Pirates= a Dem run government with a 3.4 trillion budget.

  8. fennec

    fennec said, 6 months ago

    Guys, I think Harley is not playing with a full deck. He seems not to understand cause and effect, for a start. This makes it difficult to respond to him, to say the least.

  9. danielsangeo

    danielsangeo said, 6 months ago

    “Danial. whatever.. post it notes on the net.”

    I know that’s how you treat it, but if you want to communicate effectively, try to learn how to communicate in the first place. Otherwise, you look like a five-year-old.

    “FAIR TAX
    A better way” has been debunked six ways to Sunday. I’ve already shown you the errors in the FairTax plan and how it would cost the average citizen MORE than they’re paying now. I don’t need to go through it again.

    “Just in case you missed it Pirates= a Dem run government with a 3.4 trillion budget.”

    Funny thing. That’s how much the McCain budget was predicted to be.

    Now, tell me this, oh font of knowledge of all things economy:

    Is all spending exactly the same?

  10. harleyquinn

    harleyquinnGenius_badge said, 6 months ago

    “Just in case you missed it Pirates= a Dem run government with a 3.4 trillion budget.”
    Funny thing. That’s how much the McCain budget was predicted to be.

    Now, tell me this, oh font of knowledge of all things economy:

    Is all spending exactly the same?

    Funny thing is I do not care if this bloted 3.4 trillion bugdget has a R or D beside it. It is way to much and way to big.
    And No all spending is not the same. Right now we are pissing away money on failed solecism ideals and bailouts that do not work! All in the name of getting more votes and making more people beholden to government.
    Magic green government jobs will not save this country.
    Small private companies who are risking their own capital will! They are what fuels this country. And the Fair Tax is the best thing we can do for them.
    OUT!

  11. LLeRay

    LLeRayGenius_badge said, 6 months ago

    David Horsey is on the radio right now explaining that most of us are at the mercy of forces beyond our control. He doesn’t even bother talking to his broker because he knows what he will say. This is a brutal time for those in the small boats.

  12. danielsangeo

    danielsangeo said, 6 months ago

    “ failed solecism ideals”

    ….*snicker*

    Solecism describes harleyquinn perfectly.

    http://dictionary.reference.com/browse/solecism

  13. deadheadzan

    deadheadzanGenius_badge said, 6 months ago

    I see harley has come out to play———

  14. LateToTheGame

    LateToTheGame said, 6 months ago

    HarleyQuinn: A wholly-owned subsidiary of fairtax.org

  15. believecommonsense

    believecommonsenseGenius_badge said, 6 months ago

    Flat-out Asinine and Irresponsibly Regressive
    Tax
    aka FAIR Tax

  16. LLeRay

    LLeRayGenius_badge said, 6 months ago

    Thank you all for the laughter this comment thread elicits!

  17. Simon_Jester

    Simon_Jester said, 6 months ago

    Okay Harley, then tell me something. How will the Fair Tax benefit the middle class?

  18. HOWGOZIT

    HOWGOZIT said, 6 months ago

    Why should any “class” benefit? Let’s come up with a plan that does away with loopholes and everyone pays the same flat %age.

  19. danielsangeo

    danielsangeo said, 6 months ago

    Flat tax (which isn’t what harley is hawking) is also regressive and harms the lower classes and benefits the upper classes.

    Your “Why should any ‘class’ benefit?” question shows your ignorance over what a flat tax would do…or what taxes even ARE.

  20. fritzoid

    fritzoid said, 6 months ago

    I’ll give the flat-taxers this: It would probably work at least as well as the tax structure we have now, PROVIDED THOSE AT THE TOP PAID IT. But any framework that allows manipulation of income by those who know how to play the system will lead to tax evasion (“legal” or otherwise).

    Anybody whose cars and homes and other assets are owned by a shell corporation from which they are paid a “salary” of $1 per annum is, whether done within “legal” limits or not, in essence a criminal. Taxes should be assessed based upon the standard of living one enjoys, not on some Statement of Earnings.

    Do Licensed Tax Preparers need to take any sort of oath of office? Lawyers, despite the accuracy of Bierce’s definition as “one skilled in the circumvention of the Law”, are at least held responsible as Officers of the Court. They have duties both to their clients to work on their behalf, and also to the various Bar Associations to administer justice. Tax preparers ought, in my opinion, keep in mind their responsibility to ENSURE that the clients they provide services for in fact pay a “Fair Tax”, not “as little as I can find to make them pay.”

    Any system, whether free-market capitalism or communism or Libertarian anarchy or what have you, will work if everybody can be made to follow the rules, but as long as human nature DOES make those so inclined try to “work the system”, then we must be prepared to seek out those who evade their responsibilities. And I’m far more concerned about the one guy at the top who cheats to the tune of $100,000,000 than the million at the bottom who cheat for $100.

    Leona Helmsley infamously said “Taxes are for little people.” Helmsley was remarkable only in that she was stupid enough to say it out loud.

  21. HOWGOZIT

    HOWGOZIT said, 6 months ago

    daniels–you are so f*&%ng smart. I am talking about a tax that is the same for all. Poor, middle, rich; it should not matter. All should pay the same %age, whether it is flat, round, square or pi-eyed like you.

  22. landshark67

    landshark67 said, 6 months ago

    Hell, my portfolio is earning 50%, I am investing in Ford and mining companies. I just try to use some common sense, the world will always want cars and metals.

  23. Simon_Jester

    Simon_Jester said, 6 months ago

    If theory, a tax where everyone pays the same percentage is fair…in practice it is not.

    The county where I live enacted a flat tax as a temporary stopgap a few years ago, it DID his working folks harder than the upper class…a LOT harder.

    The reason is simple…for the folks making more than six figures it menat one less toy in the garage.

    For the Joe Sixpacks, it meant putting necessities on their VISA card, rather than paying for them out of pocket…and ending up in a hole because of it.

    Flat taxes ARE regressive, period!

  24. danielsangeo

    danielsangeo said, 6 months ago

    “All should pay the same %age”

    All should pay the same percentage….of what? Total income? Discretionary income?

    A person making $20k/year will be hit harder with a 20% tax than someone making $200k/year. Simple economics. 20% tax on the gross income of $20k/year is $4,000. That hits the person clearing $16k MORE than someone paying $40,000 on $200,000 (they still clear $160k).

    And that’s not even getting into the plethora other problems with flat tax (or Fair Tax) such as enforcement and the associated costs.

    What, exactly, do you hope to accomplish with a flat tax (or a fair tax)?

  25. HOWGOZIT

    HOWGOZIT said, 6 months ago

    daniels–duh. So what? If the guy is successful moneywise, why shouldn’t he/she pay the same percentage of someone not as successful moneywise. I also said get rid of the loopholes and deductions that the “rich” supposedly benefit by too. Show me the justification that successful wealthy should pay the government a larger %age; other than class envy. Ignorance???

  26. motivemagus

    motivemagus said, 6 months ago

    The point you are assuming is that a flat percentage is “fair.” But it really depends on where you start. 10% of a million bucks may be $100,000, but it hurts the payee a lot less than 10% of $16,000, which is roughly what a minimum wage earner makes before FICA, and assuming an above-average wage. The FairTax program consistently ignores this point, claiming it will cost everyone less, which in fact it will probably put a greater burden on the poor (and probably the middle-class) and take a huge load off the rich.
    Saying that “a single percentage is fair” is no more or less true than saying “a flat tax bill (for example, if everyone were billed $10,000) is fair.”

  27. HOWGOZIT

    HOWGOZIT said, 6 months ago

    I am not using “flat and fair” as a proponent for what are the proposals. I am not rich–retired military with about 60K (before taxes) including part time work. I do not resent the rich if they pay 20% on a million and I pay 20% on $60K. I do not believe in redistribution of wealth. There are poor that have become wealthy and there are wealthy that have become poor. I believe we should not have loopholes and deductions that favor poor/rich. I admit (not like others) that I have not studied flat/fair tax proposals but I do not believe one “class” should be taxed more than another because they make more money–the latter probably spends more and provides more jobs also.

  28. senorbullwinkle

    senorbullwinkleGenius_badge said, 6 months ago

    I cry myself to sleep worring about how much the rich are paying in taxes.
    Has it ever occurred to you, that if they pay less, who,whom will make up the difference? stupid.
    I guess the poor are poor because the’re too stupid to look out for their own best interest !
    Go ahead, make sure the rich pay even less than they do, because your willing to pay more, a lot more cause the 1% pay’s the lions share.

  29. senorbullwinkle

    senorbullwinkleGenius_badge said, 6 months ago

    If you are thinking, one day my ship is going to come in,….well it aint happen yet, and if it did, you wouldn’t want to share it with any of us. You couldn’t be happy in the 1%, with ALL THAT MONEY, if you had pay a penny to live here. well pick another country, and wait for your dingy.(dinghy)

  30. senorbullwinkle

    senorbullwinkleGenius_badge said, 6 months ago

    DRED, I believe, Harley Queen, is a she, 90% sure. I dont know why people dont leave at least the basic info, like; male / female and what part of the country / world, north,south,east,west.

  31. HOWGOZIT

    HOWGOZIT said, 6 months ago

    Dred–thanks for taking the time to talk in a civil tone–it is greatly appreciated. I indeed do not think “life” is always fair–nor should it be. I do believe that more folks than not are where they are because of decisions they made along the way. I concur that my economic outlook may be limited as I never had to worry about employment so to speak–there were some lean times in my early years, but that was my decision to stay in the armed forces; in fact some times as I moved up the ladder I think I was better off in my early days financially. I rose through all nine enlisted rates and four officer ranks before retirement and was never a rich person financially. That is why I just can’t accept those that keep saying “tax breaks” are only to the wealthy–especially during the last administration. I could be and probably am naive to worldly economics. Again thanks for taking your time calmly and with civility in your response to me.

  32. McGreen

    McGreen said, 6 months ago

    I find arguments that the very rich should pay the same tax rate as everyone else to be totally glossing over the fact that people whose money is tended to by financial wizards they employ are able to exploit tax breaks available to them that far outweigh anything the rest of us get.

    How many of you were able to write off $30,000 in taxes for buying a $100,000 SUV?

    We have loopholes in Florida enabling many businesses to pay ZERO in taxes.

    it goes on and on. the wealthy have more power behind them to grab an ever increasing share of America’s wealth.

  33. LateToTheGame

    LateToTheGame said, 6 months ago

    As others have pointed out, but I’ll repeat here only for simplicity of example, flat/fair tax impacts lower income families a lot harder than higher ones.

    People that earn minimum wage have to spend every dime on food/shelter, and typically there’s not even enough for that. There’s nothing left for taxes.

    People that earn a lot easily buy food/shelter (and nicer ones at that), in addition to luxury items, pay taxes, and still have some left to but into the bank.

    Regardless of whether you think upscale earners should be hit harder, the lower earners still need to be hit softer.