Originally Posted by Columbia (Post 1366167)

Alex, Geddy, and Neil hammering away. Learning to play La Villa Strangiato myself.

Originally Posted by capncrunch (Post 1366181)

He's talking about private jets not homes. Can you deduct the interest on your car? Why should Tiger get to deduct on his toy jet?

Originally Posted by Columbia (Post 1366178)

I've made thousands of dollars in dividends over the past 20 years of which I only paid 15% tax on. In the grand scheme of things, it's probably not fair to someone paying much more than that in Federal, state, and Medicare.

Originally Posted by Columbia (Post 1366178)

I've made thousands of dollars in dividends over the past 20 years of which I only paid 15% tax on. In the grand scheme of things, it's probably not fair to someone paying much more than that in Federal, state, and Medicare.

Originally Posted by Columbia (Post 1366185)

Who says he is deducting or depreciating his aircraft? I have no idea so won't make assumptions, however, if it's a business tool, why not?

Originally Posted by scambo1 (Post 1366172)

I think you and I are somewhat on the same page except for raising taxes on people by 10%.

Shrink the government.

Cut unearned entitlements.

"Pay as you go" taxes cant be raided for other projects.

What we have now is cuts to programs that people have paid for and that taxpayers will feel. If you cut programs that people don't pay for, there will be incentive for people to go back to work. If the answer is to keep taking from those who work, there will never be a solution, but instead a deepening problem.

When people can "retire" from the workforce because they choose to use drugs (drug addicts, federally, are defined as disabled) they get paid to stay in a government supplied house, to go to government supplied programs, to eat government supplied food and wear government supplied clothes, recieve government supplied education, etc. They have 24 hours/ day to continue to conduct illicit activities - either further earning illegal money or whatever.

We would be on the right track if we started to do away will all such ridiculous programs.

As far as towers and airport infrastructure, taxes and fees are already on the books. Quit diverting those to non-performing programs and then let's see where we are.

Originally Posted by 80ktsClamp (Post 1366198)

That money that you put to work was already taxed. It is double taxation what you described. Do you get 15% of your money back when you lose in the market? We pay enough in taxes to an overbloated government bureaucracy. scambo is much closer to the right track.

If you feel guilty about the money you make, give it to a charity that will actually do some good. Don't voluntarily feed the massive and growing cancer that is eating away at the US.

Originally Posted by forgot to bid (Post 1366205)

You can only deduct if it is a business tool, and for tiger woods if he uses it to fly to tournaments it is. You can only deduct when its used for business.

Originally Posted by scambo1 (Post 1366209)

When you are a golf pro, pretty much everything you do is argueably business or business related.

Originally Posted by Columbia (Post 1366211)

Yep-just like being a pilot. Sure beats working for a living. :)