Ok illustration.

Investor invests -$100
Investor cashes out at- $110
Investor made- 10%
Investor pays 15% cap gains on that 10% – $1.50
Investor retains 85% of profit – $8.50
Final number – $108.50

If you change that 15% to 25%, the final number is $107.50. So if you’re going to argue that raising capital gains tax means that the investor who’s happy to make $8.50 on the deal will turn up their nose at $7.50, I’m going to call BS on it.

Fox’s new math said that “20% of the 9% increase was attributable to the reform.” Get out your calculator, Jack, then change the channel. You’re getting as bad as your sister.

Do you know what profit is? It is the money left over after all overhead and taxes are paid. No major company is making 75% profit. Have you ever had any kind of buisness? You think Mcdonalds makes 75 cents for every $1 burger…….cmon.

There are many reasons people invest and some of the really wealthy people even do so just so they do not “give it to uncle”. You cannot be serious that a 2-5% increase in tax rates would cause any cessation of investment or hiring that is just plain silly.

Many companies already have been dropping insurance that is why so many people were without it and “Obamacare” came into being! Rates can and do go up for no discernible reason and blaming the health care law is simply not a feasible excuse. The Kaiser folks admitted same.

You either need to do not research that is not propaganda or at least stop being a mouthpiece for it.

“Public Backs Obama in Stimulus Fight”
http://voices.washingtonpost.com/44/2009/02/09/gallup_public_backs_obama_in_s.html

“A Decade of Lost Jobs”
http://www.economicpopulist.org/content/decade-lost-jobs

“Wealth, Income, and Power”
http://sociology.ucsc.edu/whorulesamerica/power/wealth.html

http://www.presimetrics.com/blog/ Virtually anything he writes is good.

I am not asking you to believe one word on any of these links, I am asking you to offer proof or sources to refute them.

And at this point the entire discussion is stupid, because one side of it has absolutely no idea what they’re talking about.

First of all those numbers almost never happen…that kind of profit is rare. But if the difference was 5% compared to 15% which are more realistic numbers..the investor would balk. There is NO QUESTION that regs and high taxes hurt business.

“But you said companies would drop coverage altogether”

Many are already doing just that already. And a recent report by Kaiser shows the price of Healthcare already going because of the impending health bill.This bill will mirror H’s presidency.. a pure disaster.

But you said companies would drop coverage altogether. You wingnuts need to get your story straight.

Baloney. That’s the same claptrap we heard when we foolishly extended the Bush tax cuts for millionaires. Where are the jobs they were supposed to provide?

“No one is going to invest in anything unless there is a high likelyhood of profit.”

Not relevant. We’re not talking about “likelyhood of profit”. We’re talking about the amount that’s retained once taxes are paid. There is zero indication that the investor who thinks that 85% after cap gains are paid is good would turn up his nose at 75%.

“I want them to have all the money they can possibly have to keep me in the lifestyle Im accustomed to.”

If I were the “lol” type…this would merit an LOL.