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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Romney has stock. stockholders own the company. the company makes profit. the profit belongs to the stockholders. THE FEDERAL GOVERMENT TAKES 30% of the profit (stockholders income) before any of it is given to the stockholders. THEN THEY TAX IT AGAIN at 15%. an effective 40% tax rate. people are so stupid.[/quote] I make a dollar, and pay my income tax on it. Then I pay my phone bill AND IT'S TAXED AGAIN. Then the phone company has it, AND IT'S TAXED AGAIN. Then the phone company gives its stockholder a dividend, AND IT'S TAXED AGAIN!!!111!!! It's total insanity! Where's the double jeopardy protection for our currency?! The only reasonable solution is to record the serial number of every bill as it is taxed the first time, to ensure that it is never taxed again. Are ya with me?![/quote]Right and let's make money out of thin air because once I get my salary and pay taxes nobody should ever have to pay tax on that money again. Not the supermarket, or the gas station, or the department store I spend it at. Hmmmm, so only people who get newly printed bills should have to pay taxes and then everyone else will just go free.[/quote]
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