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Dow Falls as Biden Reportedly Mulls Tax Hike on Rich - chairb - 10-17-2021 Dow Falls as Biden Reportedly Mulls Tax Hike on Rich https://finance.yahoo.com/news/dow-falls-biden-mulls-tax-133855568.html RE: Dow Falls as Biden Reportedly Mulls Tax Hike on Rich - pbrower2a - 10-17-2021 (10-17-2021, 01:05 AM)chairb Wrote: Dow Falls as Biden Reportedly Mulls Tax Hike on Rich The stock market is not the economy. It can be going to wild heights as the economic activity dances on a volcano about to erupt. More often it has transitory gains and losses. There are questions to ask. Yes, people can make money as day-traders. If I were one I would invest only when the fundamentals are sound (are the financial measures good for an individual stock? Is the market increasing for what the company offers or is it in a saturated market?) and against 'bad news' such as talk of tax increases or doleful events, and sell in times of euphoria. In general it is wiser to buy and hold stocks in companies that have strong financial positions. IBM has done well not so much from its own internal innovation as it has by being in a position to buying out innovators who were slow to get the money. RE: Dow Falls as Biden Reportedly Mulls Tax Hike on Rich - pbrower2a - 10-18-2021 (10-17-2021, 09:33 PM)Idea192 Wrote: The government is not legitimate and the economy is fake. Now what would be a real government and a genuine economy? RE: Dow Falls as Biden Reportedly Mulls Tax Hike on Rich - chairb - 10-18-2021 Americans scream tyranny is wonderful because the US has always been a police state, but what if the USA used to have freedom and lost it? Even if the US never had freedom, does that mean liberty is bad? Did the USA have curfews, NSA wiretapping, checkpoints, forfeiture, the end to the right to silence, free speech bans, torture, kill lists, no fly lists, searches without warrants, private prisons, mandatory minimums, 3 strikes laws, DNA databases, CISPA, SOPA, NDAA, IMBRA, FBAR, FATCA, TSA groping, secret FISA courts, redlight cameras, license plate readers, and Jade Helm in 1980? Did Americans need a pilot license in 1920 to fly a plane? Did Americans have gun bans, business licenses, Social Security numbers, sales, income, or property taxes in 1890? Were drugs, alcohol, smoking, gambling, and prostitution illegal in 1880? RE: Dow Falls as Biden Reportedly Mulls Tax Hike on Rich - David Horn - 10-19-2021 (10-18-2021, 01:31 AM)chairb Wrote: Americans scream tyranny is wonderful because the US has always been a police state, but what if the USA used to have freedom and lost it? Every one of those things exist because something or someone needed some restraint. Not al lthe restraint is warranted, but looking at your list, more are than not. RE: Dow Falls as Biden Reportedly Mulls Tax Hike on Rich - pbrower2a - 10-23-2021 (10-22-2021, 06:06 PM)Tenchick Wrote: When cash is banned, the government and banks will use taxes and fees to steal your money. When cash is banned, then creditors of all kinds will find it easier to collect and enforce debt. America is a plutocracy and a creditor's paradise. RE: Dow Falls as Biden Reportedly Mulls Tax Hike on Rich - pbrower2a - 10-24-2021 (10-24-2021, 04:48 PM)gft Wrote: One way Americans are dealing with the US collapse is by being in a state of denial. Your list includes almost everything. I am surprised that you didn't mention pet licenses, mandatory shots for rabies, and pooper-scooper laws. You didn't mention radar traps for speeders. RE: Dow Falls as Biden Reportedly Mulls Tax Hike on Rich - pbrower2a - 10-25-2021 (10-25-2021, 04:32 AM)bestwishes Wrote: The elites will never say there are enough taxes, wars, debt, and tyranny. Tax revenues will keep rising as the economy grows. So will debt, as debt is how much investment in infrastructure and in corporate plant and equipment is largely financed. Revenues ideally more than offset debt. Look at it this way: if I can borrow at 4% and get a return of 7%, and I can borrow a billion dollars to get such a return, then am I reckless to accept such a debt so long as it goes into something that generates such a return? Heh, heh, heh. I'd be an extreme fool not to do so. That's how the typical electric utility operates, and that is one of the simplest models. Wars by the USA are increasingly push-button affairs. People in the war zones are in grave danger, but Americans are safe -- until someone else does that to us. Tyranny? President Biden at the least has undone most of the damage that Trump did as President. On the rest -- consider visiting a professional in mental health. |