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Re: Investorman post# 308908

Sunday, 05/30/2010 11:49:38 PM

Sunday, May 30, 2010 11:49:38 PM

Post# of 359153
Message boards would be dull without basher humor.

Funny but true.

By: notill
30 May 2010, 10:12 PM EDT
Rating: Msg. 937603 of 937615
(Reply to 937596 by carmelbeach)

carmel, has that been a rumor long enough to now be a fact? lol


http://ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=937604

By: carmelbeach
30 May 2010, 10:14 PM EDT
Rating: Msg. 937604 of 937616
(Reply to 937596 by carmelbeach)

more: $1.3 TRILLION TAKEN IN TAXES - YOU BETCHA

By: gusjarvis
30 May 2010, 08:08 PM EDT
Msg. 937579 of 937594
(Msg. is a reply to 937532 by narvo0.)

narvo here is your clue, 1.3 trillion was taken in taxes

that means most of the money we made was not from a tax free settlement, that was a small portion as Al said. Also it is tough to tell as if Bob made them pay for their shares at a certain price we will have to pay taxes on that as well, as that is profit we made.

I think it is our right to know exactly who bought our land and for how much though and will press that issue this week.

----------------------------------------------------------------------

"1.3 trillion was taken in taxes"

WOW, THAT'S QUITE A LOT AND IS SURE TO MAKE THE NEWS

FOR CONTEXT (2008) - $1.3 TRILLION IS

* MORE THAN ALL INDIVIDUAL INCOME TAXES

* MORE THAN 4 TIMES ALL CORPORATE INCOME TAXES

* ONLY ~ $150 BILLION LESS THAN THOSE COMBINED

* MORE THAN HALF ALL FEDERAL TAX RECEIPTS IN 2008

http://www.treas.gov/press/releases/reports/table%20ii.pdf

Table 2.--2008 BUDGET RECEIPTS BY SOURCE
(fiscal years; in millions of dollars)

Individual income taxes 1,145,748

Corporation income taxes 304,346

Total, Receipts 2,523,858
----------------------------------------------------------------------

AND IT GOT WORSE IN 2009

FOR CONTEXT (2009) - $1.3 TRILLION IS

* 30 PCT. MORE THAN ALL INDIVIDUAL INCOME TAXES AND CORPORATE INCOME TAXES COMBINED

* 62 PCT. OF ALL FEDERAL TAX RECEIPTS ($2.105 Trillion)

Source: Congressional Budget Office

http://www.cbo.gov/ftpdocs/108xx/doc10871/Chapter1.shtml#1096708

Table 1-3.

CBO’s Baseline Budget Projections [billions]

Actual 2009

Revenues
Individual income taxes 915
Corporate income taxes 138

Total Revenues 2,105



IBAFT: We don’t give a rat’s behind about going
after Urban Casavant, John Edwards, their “cohorts” and
the relatively pitiful $250 million that you state they
misappropriated.

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