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safeinOhio Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-12-09 09:39 AM
Original message
I blame Obama
Last March when the market took a dive, I bought a bunch of stock thinking he would turn the market around. At the same time most of my family and friends were selling. Now all that stock I bought has doubled and it looks like I'm going to have to pay some tax on it, if I sell it. He said no new taxes on the middle class. I'm at the bottom of the middle class and I'm going to be stuck. Even FOX news is ignoring me.
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berni_mccoy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-12-09 09:43 AM
Response to Original message
1. WTF? You doubled your money and don't want to pay income tax on it? That's not a new tax btw.
It's been around a long time.

Why don't you hold onto it for a year and you'll get the long-term gain tax of 15% if the regular income tax is too much of a hardship for you :sarcasm:
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peace13 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-12-09 09:44 AM
Response to Original message
2. Too funny! n/t
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global1 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-12-09 09:44 AM
Response to Original message
3. Well I Guess The People In Your Situation Will Vote Repug Next Time Around.......
so don't sell your stock until the new administration comes in. The market will go down again and you can take a loss. The Repugs will probably give you a tax write-off for the loss. Think you'll be happy then?
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zorahopkins Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-12-09 09:44 AM
Response to Original message
4. This Is A Joke, Right?
Please tell me you are joking.

You bought some stock.

The stock went up in value.

You want to sell the stock.

If you sell the stock, you'll have to pay income tax (or capital gains tax) on the money you made.

This is not a "new" tax.

This sort of tax has been around for years.
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global1 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-12-09 09:45 AM
Response to Reply #4
5. He's Being Sarcastic.......nt
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berni_mccoy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-12-09 09:47 AM
Response to Reply #5
7. If there is a joke here, it is full of fail
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safeinOhio Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-12-09 09:53 AM
Response to Reply #7
8. I thought blaming FOX News
for ignoring my problem(DOW ready to hit 10,000) would be a give away.:rofl:
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sharp_stick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-12-09 10:45 AM
Response to Reply #7
9. What is full of fail
is the inability of some to recognize obvious satire without the damned smilie telling them what it is.

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blondeatlast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-12-09 09:47 AM
Response to Original message
6. 'Kay, I admit I didn't get the joke.
Edited on Mon Oct-12-09 09:56 AM by blondeatlast
:shrug:
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WVRICK13 Donating Member (930 posts) Send PM | Profile | Ignore Mon Oct-12-09 03:03 PM
Response to Original message
10. LOL
I gotta love your humor. Thanks for the laugh, we never have enough to laugh about these days. Congratulations on having the insight to make some profit.
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