Frontrunning asset dumping...

[dsummoner]

From none other than DNCNBC:

Fearing an increase in capital gains and dividend taxes, many of the rich are unloading stocks, businesses and homes before the end of the year. Wealth advisors say that with capital-gains taxes potentially going to 25 percent from 15 percent, and other possible increases in the dividend tax, estate tax and other taxes, many clients are selling now to save millions in taxes.

The most noticeable sell-off has been in stocks. Wealth managers many of their clients who have large gains on stocks are selling them now, or selling them or buying them back again to create a higher basis (and thus a lower tax bill later). Since the wealthiest one percent of U.S. households control more than half of the stocks in the United States, their selling and buying can have strong ripple effects on the market. Bankers say owners of private businesses are also pressing to sell their companies to ahead of a possible tax hike. If an entrepreneur, for instance, sells a company for $100 million, they could pay $10 million less in taxes than if they sold in 2013.

Step 1... dump assets.
Step 2... move profits offshore.

[Phineas Finn]

What the hell, screw your neighbors; screw the country; it's all about you.

[dsummoner]

What the hell, screw your neighbors; screw the country; it's all about you.

"Screw your neighbors" = Lazy Libbie looting to vote to yourself their funds.

This can be coupled with the 'country' screwing one by fiscal enslavement.

You do a much better job when you go with the 'we are going to try and take as much of your work product as we can and use whatever force is needed' argument then trying the jingoism justification shtick. The former, at least, is honest.

[RIKMAN]

Obviously money trumps politics!
Money trumps party
Money trumps network leanings!

Money trumps all! Surprise!!!not really

[SalisburySage]

Asset dumping is a good idea if you are subject to Capital Gains.

[songfourone]

What the hell, screw your neighbors; screw the country; it's all about you.

Pretty much.

[SalisburySage]

What the hell, screw your neighbors; screw the country; it's all about you.

The people who were fooled into voting for Obama already screwed the country.

[SemiAuto]

What the hell, screw your neighbors; screw the country; it's all about you.

$16 trillion in debt later and you still can't see who is really screwing people over. The unmitigated greed resides in Washington.

[atomic]

well if they dump their stocks and pay a bunch of capitals gain taxes it will help the economy and the defecit. If they move their investments off shore they will still have to pay taxes on the capital gains if they sell them.

If they drive down the prices of stocks it will be a good time for increased investment into the stock market.

[atomic]

"Screw your neighbors" = Lazy Libbie looting to vote to yourself their funds.

This can be coupled with the 'country' screwing one by fiscal enslavement.

You do a much better job when you go with the 'we are going to try and take as much of your work product as we can and use whatever force is needed' argument then trying the jingoism justification shtick. The former, at least, is honest.

25 percent is much lower than it was during other republican regimes. It only got lowered to the ridiculously low 15 percent during GW's reign. It was 35 percent in the 70's. Stop being brainwashed by the super rich. There is no reason that Romney paid a much lower federal tax rate than I did.

[CajunRaven]

What the hell, screw your neighbors; screw the country; it's all about you.

No, it's called playing the game.

They're just supposed to bend over and take it? Who couldn't see this coming?

[CajunRaven]

25 percent is much lower than it was during other republican regimes. It only got lowered to the ridiculously low 15 percent during GW's reign. It was 35 percent in the 70's. Stop being brainwashed by the super rich. There is no reason that Romney paid a much lower federal tax rate than I did.

There's 70,000 pages of reasons why he did.

[dsummoner]

25 percent is much lower than it was during other republican regimes. It only got lowered to the ridiculously low 15 percent during GW's reign. It was 35 percent in the 70's. Stop being brainwashed by the super rich. There is no reason that Romney paid a much lower federal tax rate than I did.

Let me help you out here...

A little bit of fiscal rapine is still fiscal rapine, irrespective of being less than the amount of fiscal rapine at some time in the past. Now, even you know.

And while I am at it... let me correct a bit of your Leninist economic illiteracy...

One dollar from 'atomic' paid in taxes purchases the same amount of goods and services as one dollar from 'Romney' paid in taxes. How can this be? What about the vapid and idiotic percentage of income avarice driven Libbie looter excrement? Surely one 'atomic' dollar must purchase more in goods and services than one 'Romney' dollar! In actuality, the percentage of income nonsense is exactly that... nonsense. Romney most likely paid more in taxes than you will ever earn in your entire existence with whatever it is that you do for a living. You should be thanking Romney for carrying your dead weight (one that is full of grandiose spending delusions that others should pay for and yet nowhere to be found when it comes to pay anywhere near full freight). Now, even you know.