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+--- Thread: Cons, lets say I'm an investor and I have a new Idea to take to market, it will make me rich.....? (/thread-57926.html)
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Cons, lets say I'm an investor and I have a new Idea to take to market, it will make me rich.....? - mawduce65 - 01-27-2013 12:30 AM
Do you think the first thing I think about is how much it will be taxed? Buffet mentioned this on the Daily Show and he has a point. Before Facebook, as an example, got as big as it is now, did they wonder what they would pay in taxes or go for it?
Raising the corporate or tax on higher income earners has no effect whatsoever on investments or business. What we need is money put into innovation. That makes money and does not kill the economy. All these exotic financial products being traded on Wall Street? Garbage, and its going to kill the economy.
- Arthur Aardvark - 01-27-2013 12:38 AM
Show me a legitimate method of calculating ROI that ignores the imputed tax rate.
- Jim - 01-27-2013 12:38 AM
I guarantee you Buffet was thinking about his taxes back when he FOUNDED his company in the 50's!..only you idiots would found a company and give your tax rates no thought!
- gyt - 01-27-2013 12:38 AM
We should take Warren Buffet seriously? Really, the guy who did not pay his taxes is going to give us an education on what people think about paying taxes?
You need a better spokesman for your tax the rich mantra.
- Andy - 01-27-2013 12:38 AM
Of course they just go for it since taxes are only a percentage of the profit. If your idea blows, you don't have to pay taxes on it.
- MatthewDReturns - 01-27-2013 12:38 AM
its a lie. its based on a faulty model developed in the 80's that assumed that if everyone started out as equals with nothing, then high taxes on saving would reduce incentive to save and thus hurt growth long term.
of course, in real life we don't start out equals with nothing. and taxes have nothing to do with incentive to save.
- ® - 01-27-2013 12:38 AM
You will if you did a business plan... which every angel investor that isnt an idiot REQUIRES......
You dont think things through..INCLUDING TAXES as they are an operating cost... YOU DONT GET INVESTORS... PERIOD...
Sorry.. but you just FAILed...
- u_bin_called - 01-27-2013 12:38 AM
....and such is why you and people like Buffet who don't actually make anything, employ anyone or own anything but paper should not be dictating tax policy on those that do....
...come back when you're a little older and understand the difference between "selling and idea" and "making a product..."
- sillyclover167 - 01-27-2013 12:38 AM
Yes but the Dems. are proud of the stock markets performance. I doubt Thomas Edison could have procured financing in todays business atmosphere.
- Corrine - 01-27-2013 12:38 AM
The liberal 'Washington Post' newspaper just announced a special stock dividend for the end of 2012 - to avoid increased tax rates in 2013. And who is the biggest stockholder of the 'Washington Post'??
Warren Buffett.
LOL, I'd love to see you come up with a new idea.