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I'd be in favor of an increase in capital gains tax, preferably by keeping 15% for gains of less than a certain amount and progressively higher for larger amounts.
Where do you thing those "real capitalists" get their start up seed money from? You want to start up a company but you have no money, so you write a business plan and use seed money borrowed from a bank or a venture capital group to start up. They loan you the money and expect a return on investment. You borrow the money and expect to grow a profitable business. They help each other and if all goes right, they both profit. You can't have one without the other, so get over your sniveling, class warfare nonsense that I am sooooo tired of hearing lately. This is how our economy works.
Where do you thing those "real capitalists" get their start up seed money from? You want to start up a company but you have no money, so you write a business plan and use seed money borrowed from a bank or a venture capital group to start up. They loan you the money and expect a return on investment. You borrow the money and expect to grow a profitable business. They help each other and if all goes right, they both profit. You can't have one without the other, so get over your sniveling, class warfare nonsense that I am sooooo tired of hearing lately. This is how our economy works.
I agree... starting a business is hard work and maintaining that success is even 100X harder... if they earn money from success then they deserve it... the people who say tax this and tax that, stop stealing from those who succeeded one year without knowing what next year will be like...
Where do you thing those "real capitalists" get their start up seed money from? You want to start up a company but you have no money, so you write a business plan and use seed money borrowed from a bank or a venture capital group to start up. They loan you the money and expect a return on investment.
You borrow the money and expect to grow a profitable business. They help each other and if all goes right, they both profit. You can't have one without the other, so get over your sniveling, class warfare nonsense that I am sooooo tired of hearing lately. This is how our economy works.
You mean like this?
Hot dog stand next on Niagara Falls :
$5000 for capital including equipment and hot dogs. Money borrowed at %10 interest would be a $500 annual expense. If the unit cost is $2 how many will he need to sell to make a decent living with 10,000 people foot traffic? Depends on demand but lets say the best spot on the curve is $3.00 x 300. Sounds like your plan doesn't it? A productive loan where product expands with the money supply. He will break even in just a few days too.
That is a real good common sense example like you are talking about right? However why don't I still get it? Can anyone guess what my problem is?
$5000 for capital including equipment and hot dogs. Money borrowed at %10 interest would be a $500 annual expense. If the unit cost is $2 how many will he need to sell to make a decent living with 10,000 people foot traffic? Depends on demand but lets say the best spot on the curve is $3.00 x 300. Sounds like your plan doesn't it? A productive loan where product expands with the money supply. He will break even in just a few days too.
That is a real good common sense example like you are talking about right? However why don't I still get it? Can anyone guess what my problem is?
You gave a good example that is simple to understand. Good Job..
However, I think it's best of you just come forward with your problem rather than play a guessing game.
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