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 Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Samantha

(9,314 posts)
8. I read that thread about carried over interest here and there was a line which said
Mon Jul 16, 2012, 12:50 AM
Jul 2012

investors argue that investment income (profit) is not immediately realized so it should not be immediately taxed. It is realized over a long period of time. Some taxpayers have been able to continue carrying over that same investment profit for a number of years. That is why this hypothetical poses the question about the cumulative carried over for 8 to 9 years. The inception would be when George W. Bush passed that special provision in 2003 and if a taxpayer could extend the taxes for as long as ten years, that would show up if he or she revealed his tax returns for the last say 8 or 9 years. It would no longer be a hypothetical question then but a shocking reality -- the cumulative tax avoided over a long period of time.

Thanks for responding to my thread.

Sam

Yes. RobertEarl Jul 2012 #1
Thank you for your response Samantha Jul 2012 #2
yep... FirstLight Jul 2012 #3
You know what I forgot to ask in my thread? Samantha Jul 2012 #7
Mitt is the epitome of the 1% Skittles Jul 2012 #4
I read that thread about carried over interest here and there was a line which said Samantha Jul 2012 #8
Would I be repulsed, yes, what would be the impact on the electorate... rufus dog Jul 2012 #5
Only if they turn off the siren call of right wing talking heads, whose masters pay to confuse. freshwest Jul 2012 #6
I totally agree -- this election will be the tipping point Samantha Jul 2012 #10
Unfortunately a lot of people don't pay that much attention. Lex Jul 2012 #9
There must be some concern because even Republicans are starting to make noise Samantha Jul 2012 #12
Yes it would for all but about 13%. tblue Jul 2012 #11
To some. To others said candidate would be a role model and a hero. geckosfeet Jul 2012 #13
I believe you are theoretically correct in everything you say Samantha Jul 2012 #17
We can only hope. And vote. geckosfeet Jul 2012 #19
I wrote this thread as a hypothetical piecing together bits of information Samantha Jul 2012 #24
No. Too many crabby old white men hate black people worse than economic misery eridani Jul 2012 #14
Folks in this country should've been in the streets en masse during the Bush administration - TBF Jul 2012 #15
They were. The msm doesn't cover it. geckosfeet Jul 2012 #20
For Rushpublican, This Is A Badge Of Honor...Shirking Taxes Is An Honor... KharmaTrain Jul 2012 #16
I really like this phrase you used Samantha Jul 2012 #23
Yes. People take the tax paying thing seriously. Bluenorthwest Jul 2012 #18
Well, let's keep piling on here in our hypothetical Samantha Jul 2012 #22
Sure, IMO. turtlerescue1 Jul 2012 #21
Latest Discussions»General Discussion»Let me ask you a volatile...»Reply #8