The Truth About the Health Care Bill

Quote from Dr. Zhivodka:

Let's assume that one does actually make money on this board (Large assumption...I know). If true and that were the case that person would know that it's very easy to max out their Legally Tax deferred and AGI reducing, Keogh and Money Purchase Plans and other "things." Under this Bill those traders that make around 800K or so should not pay any extra in taxes.
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I assume you have read Section 1402 of the Senate bill that was just signed into law.............
 
Quote from Barth Vader:

Well, I do know that Gaby is one of the very few liberals on this site that actually interacts in some of the trading threads, so I would venture to say that he respects the craft, at minmum.

Your point however, regarding losses, is exactly my shock at how on earth a "trader" could feel any kinship with socialism. How would you feel after picking up 100 ticks on SBE if the "Trading Results Equalization Board" took 50 ticks for the less fortunate traders.
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Why stop at 50 ticks of SBE, I want half of whatever buffet makes in a day, lets create a real liberal Utopia. :)
 
Quote from Barth Vader:

...I am amazed at the number of "progressives / socialists" that inhabit this "trading" site. Trading is, in my opinion, the most individualistic, pure free market activity available. As a trader, your skill and expertise are given fair market valuation each day. Each day a trader must earn ones keep. This seems diametrically opposed to the "equal results" ,"government teet" mentality.
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Aside from your rather loose interpretation of socialism, why would you assume that the two are mutually exclusive? One of the reasons that trading appeals to me is because my income does not in any way depend on the goodwill of others. However, that does not mean that I don't wish to live in a society to which I can contribute and which looks after its own. It is a matter of respecting human dignity. Religious people always refer to something bigger than themselves. Well, perhaps they should look at the society they are part of for starters.
 
Quote from rcaldwell:

Okay, I will put a question to you since posters say you are a Canadian. Are there any penalties for not purchasing healthcare in Canada?
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Not to my knowledge. However, it is my understanding that taxes in the US are generally lower than those in Canada. That's not a bad offset.
 
Quote from Gabfly1:

Aside from your rather loose interpretation of socialism, why would you assume that the two are mutually exclusive? One of the reasons that trading appeals to me is because my income does not in any way depend on the goodwill of others. However, that does not mean that I don't wish to live in a society to which I can contribute and which looks after its own. It is a matter of respecting human dignity. Religious people always refer to something greater than themselves. Perhaps they should look around.
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Well stated............Charity and caring for ones neighbor, looking out for the less fortunate (because most of us fell into the "less fortunate" catagory at sometime, I sure did) is the highest duty one can have outside of family and faith. But this is best done through a loving heart, not by force of law by government.
 
Quote from Barth Vader:

Well stated............Charity and caring for ones neighbor, looking out for the less fortunate (because most of us fell into the "less fortunate" catagory at sometime, I sure did) is the highest duty one can have outside of family and faith. But this is best done through a loving heart, not by force of law by government.
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Maybe so. But if someone really wants to contribute then whether it is done through a "loving heart" or via a responsible elected government should not make that much of a difference, assuming that the funds are well employed. I just get the feeling that some of the loudest "loving hearts" on these boards principally just talk a good talk. Judging by their posts on other topics, I'm inclined to believe they are their own favorite charities. I'm not referring to you, but these characters generally give themselves away in the fullness of time.
 
Quote from Dr. Zhivodka:

No... I haven't. You wanna fill me in?
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Ok Doc.......Among a few items impacting those who earn more than 250, is an additional income tax levy of 3.8% AND an increase in the CGains rate of 3.8%, along with an impact on HSA's......
 
Yes but ADJUSTED gross income is a wonderful thing. Tell me I don't have to elaborate?

And I'm still wondering where that Section 1402 is?

Quote from Barth Vader:

Ok Doc.......Among a few items impacting those who earn more than 250, is an additional income tax levy of 3.8% AND an increase in the CGains rate of 3.8%, along with an impact on HSA's......
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I'll open one of my own veins here and say that I think the chief problem of voluntary charity is the same as that of communism, and that is, freeriders.
 
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