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Old 10-27-2008, 07:07 PM   #11
Hydrae Hydrae is offline
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Join Date: Jul 2001
Location: Newport, Or
Casino cash: $-1163000
Quote:
Originally Posted by Bootlegged View Post
Jesus - how f'n stupid are you?

Have you ever bought a stock? I guess not..

Let me give you an example you may understand - but probably won't.

You buy 100 shares of "WMT" Wal-Mart at $45/share. You sell the stock 3 years later when its at $80/share. You've made $3500 because you A.) did your homework on a good company and invested in it B.) took a risk with your hard earned money C.) Considered the market timing and thought it was a good investment.

So you made $3500. Then tax time comes. Instead of paying your current 15% share of capital gains tax ($525), you will pay the new Obama tax of 29% ($1015).

Why? Because you took your hard earned money - risked it - and are a capitalist. Obama would like you to pay twice that amount.

So when Wayne says he needs to sell - extrapolate that out to his 100's of millions for the Dolphins. Why would he want to give that to Obama to spend on his "programs"?

Because it does not go to the president and by definition those are "our" programs.

I understand what you mean but the wording in your post as well as the quote from Wayne irritates me.
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