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Message from discussion How Obama's tire tariffs have hurt consumers
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jim  
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 More options Nov 13 2012, 6:22 pm
Newsgroups: rec.autos.driving, alt.california, alt.politics.obama, misc.survivalism, alt.politics.economics
From: jim <"sjedgingN0Sp"@m...@mwt.net>
Date: Tue, 13 Nov 2012 17:22:02 -0600
Local: Tues, Nov 13 2012 6:22 pm
Subject: Re: How Obama's tire tariffs have hurt consumers
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BeamMeUpScotty wrote:

> On 11/13/2012 3:22 PM, jim wrote:

> > BeamMeUpScotty wrote:

> >> On 11/13/2012 11:41 AM, jim wrote:

> >>> emoneyjoe wrote:

> >>>>        You have it backwards, the economy
> >>>> may affect borrowing, but federal borrowing
> >>>> can only hurt the economy in the long run.

> >>> I'll ask one more time.
> >>>  Why does it hurt the economy?

> >>>>> Income from sale of stock should be taxed more
> >>>>> heavily. Then you would have a stable stock market.
> >>>>       Sorry Mr. democrat, the only reason
> >>>> the market is so volatile is because of
> >>>> speculation in the hopes of short term
> >>>> gain, not real investment.

> >>> Low capital gains rewards Ponzi financing and
> >>> penalizes real investment. Real investment is the
> >>> creation and ownership of productive enterprisess.
> >>> Capital gains are income from the liquidation of
> >>> investments.
> >>> Favorable tax treatment for capital gains gives the
> >>> markets an incentive to liquidate productive
> >>> enterprises rather than striving to earn from
> >>> their production.

> >> Finally an interesting post from Jim....

> >> First explain what "LOW CAPITAL GAINS" is,

> > Sorry, that was short for "low capital gains taxes"

> >> and what "REAL INVESTMENT" is.

> > I gave a definition.

> >> This idea that liquidating productive enterprises is necessarily bad is
> >> a bit strange.

> > I didn't say it was bad. I said the markets should not be
> > distorted by a tax structure that taxes income

> OK... this looks like something I would post.

It's not even close to what you post.

> If you stop here then the idea that taxes and regulation distort the
> economy then wouldn't less taxes and less regulation make for a smoother
> and more rational economy?

Nope as usual you are 100% wrong. Taxes and regulations are
just part of the landscape. If the landscape is flat it does
not distort.

When the tax code treats the income from inflating assets
more favorably than income from actual production then the
landscape is not level and the markets gravitate towards
inflating assets rather than actual production.

> > from the liquidation
> > of a productive enterprise lower than the actual income from
> > production.

> Again, this is why taxes and regulations are not the cure, they are the
> problem.   If there was a BIG RED BUTTON in a control room in a nuclear
> plant with NO label.... would you press it?

You seem to be totally ignorant in a vast number of fields.

 
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