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Re: 1973--TI 8 digit electric calculator--$99.95

From Stephen Sprunk <stephen@sprunk.org>
Newsgroups alt.folklore.computers
Subject Re: 1973--TI 8 digit electric calculator--$99.95
Date 2015-07-27 09:04 -0500
Organization A noiseless patient Spider
Message-ID <mp5dnc$908$1@dont-email.me> (permalink)
References (16 earlier) <PM00051B3A30844CE1@aca2e736.ipt.aol.com> <mojca8$ece$1@dont-email.me> <PM00051B61D4F8C898@aca42ea8.ipt.aol.com> <d170v7F10oaU1@mid.individual.net> <PM00051B75C6D18FCC@aca40d0e.ipt.aol.com>

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On 22-Jul-15 07:20, jmfbahciv wrote:
> Osmium wrote:
>> "jmfbahciv" wrote:
>>> You are the one who is advocating taxing those bonds when you 
>>> write that all unearned income should be taxed at the same rates 
>>> as earned income.
>> 
>> I have never personally been involved in a bond sale, even though I
>> have a bunch in IRAs  So far they have been tax free to me and
>> someone else does the paperwork for me.  But that post sounds like
>> bond interest gets a favorable rate.  If so, why?  What is the
>> reasoning behind that?  I understand the reasoning, behind dividend
>> tax rates. Note that understanding does not mean agreement with the
>> status quo.
> 
> Municipal bond interest is tax-free in the state which issued them.

... and, obviously, in states that don't levy income taxes at all.

Plus, muni bonds are tax-exempt at the federal level as well, where
income tax rates are much higher anyway.

> The interest wasn't taxed; occasionally, there was long or short
> term gains and sometimes a a capital gains distribution.

Long- and short-term capital gains comprise capital gains; they are not
different things.

> The philosophy is to attract money for local infrastructure.  The
> interest rates for munis are lower than those for corporations or
> muni bonds which are taxed.  The bond issurers pay out a lower rate
> and are able to fund things such as schools, hospitals, sewers, etc.

The lack of taxation means that issuers can pay lower interest rates
(which saves the taxpayers money) and investors still earn a similar
rate of return, after adjusting for relative risk.

Increasing the tax rate on non-muni bonds would mean that muni bond
interest rates could go down even more.

> Munis disappeared a few years ago because of some program Obama had 
> which allowed taxable bonds to be issued with a lower rate than
> munis.

Blatantly incorrect on all counts.

S

-- 
Stephen Sprunk         "God does not play dice."  --Albert Einstein
CCIE #3723         "God is an inveterate gambler, and He throws the
K5SSS        dice at every possible opportunity." --Stephen Hawking

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Re: 1973--TI 8 digit electric calculator--$99.95 greymausg <maus@mail.com> - 2015-07-18 19:59 +0000
  Re: 1973--TI 8 digit electric calculator--$99.95 jmfbahciv <See.above@aol.com> - 2015-07-19 13:25 +0000
    Re: 1973--TI 8 digit electric calculator--$99.95 JimP <solosam90@gmail.com> - 2015-07-19 11:25 -0500
    Re: 1973--TI 8 digit electric calculator--$99.95 "Rod Speed" <rod.speed.aaa@gmail.com> - 2015-07-20 06:28 +1000
    Re: 1973--TI 8 digit electric calculator--$99.95 greymausg <maus@mail.com> - 2015-07-20 07:55 +0000
      Re: 1973--TI 8 digit electric calculator--$99.95 "kshy" <kshy@gmail.com> - 2015-07-20 18:21 +1000
      Re: 1973--TI 8 digit electric calculator--$99.95 Stephen Sprunk <stephen@sprunk.org> - 2015-07-20 10:59 -0500
    Re: 1973--TI 8 digit electric calculator--$99.95 Stephen Sprunk <stephen@sprunk.org> - 2015-07-20 12:50 -0500
      Re: 1973--TI 8 digit electric calculator--$99.95 jmfbahciv <See.above@aol.com> - 2015-07-21 12:53 +0000
        Re: 1973--TI 8 digit electric calculator--$99.95 "Osmium" <r124c4u102@comcast.net> - 2015-07-21 08:49 -0500
          Re: 1973--TI 8 digit electric calculator--$99.95 Stephen Sprunk <stephen@sprunk.org> - 2015-07-21 10:50 -0500
          Re: 1973--TI 8 digit electric calculator--$99.95 jmfbahciv <See.above@aol.com> - 2015-07-22 12:20 +0000
            Re: 1973--TI 8 digit electric calculator--$99.95 scott@slp53.sl.home (Scott Lurndal) - 2015-07-22 13:56 +0000
              Re: 1973--TI 8 digit electric calculator--$99.95 jmfbahciv <See.above@aol.com> - 2015-07-23 12:22 +0000
                Re: 1973--TI 8 digit electric calculator--$99.95 "Rod Speed" <rod.speed.aaa@gmail.com> - 2015-07-24 05:54 +1000
                Re: 1973--TI 8 digit electric calculator--$99.95 jmfbahciv <See.above@aol.com> - 2015-07-24 11:52 +0000
                Re: 1973--TI 8 digit electric calculator--$99.95 Anne & Lynn Wheeler <lynn@garlic.com> - 2015-07-24 08:39 -0700
            Re: 1973--TI 8 digit electric calculator--$99.95 sidd@situ.com (sidd) - 2015-07-22 14:31 -0400
              Re: 1973--TI 8 digit electric calculator--$99.95 jmfbahciv <See.above@aol.com> - 2015-07-23 12:22 +0000
                Re: 1973--TI 8 digit electric calculator--$99.95 "Rod Speed" <rod.speed.aaa@gmail.com> - 2015-07-24 05:51 +1000
            Re: 1973--TI 8 digit electric calculator--$99.95 Stephen Sprunk <stephen@sprunk.org> - 2015-07-27 09:04 -0500
              Re: 1973--TI 8 digit electric calculator--$99.95 Stephen Sprunk <stephen@sprunk.org> - 2015-07-28 09:25 -0500
                Re: 1973--TI 8 digit electric calculator--$99.95 jmfbahciv <See.above@aol.com> - 2015-07-29 11:59 +0000
                Re: 1973--TI 8 digit electric calculator--$99.95 scott@slp53.sl.home (Scott Lurndal) - 2015-07-29 13:35 +0000
                Re: 1973--TI 8 digit electric calculator--$99.95 jmfbahciv <See.above@aol.com> - 2015-07-30 11:50 +0000
                Re: 1973--TI 8 digit electric calculator--$99.95 "Rod Speed" <rod.speed.aaa@gmail.com> - 2015-07-31 06:35 +1000
                Re: 1973--TI 8 digit electric calculator--$99.95 jmfbahciv <See.above@aol.com> - 2015-07-31 12:13 +0000
                Re: 1973--TI 8 digit electric calculator--$99.95 Stephen Sprunk <stephen@sprunk.org> - 2015-07-29 08:45 -0500
                Re: 1973--TI 8 digit electric calculator--$99.95 Dan Espen <despen@verizon.net> - 2015-07-29 10:28 -0400
                Re: 1973--TI 8 digit electric calculator--$99.95 jmfbahciv <See.above@aol.com> - 2015-07-30 11:50 +0000
                Re: 1973--TI 8 digit electric calculator--$99.95 "Rod Speed" <rod.speed.aaa@gmail.com> - 2015-07-31 06:42 +1000
                Re: 1973--TI 8 digit electric calculator--$99.95 Quadibloc <jsavard@ecn.ab.ca> - 2015-07-29 13:53 -0700
                Re: 1973--TI 8 digit electric calculator--$99.95 greymausg <maus@mail.com> - 2015-07-30 12:00 +0000
                Re: 1973--TI 8 digit electric calculator--$99.95 "JHY" <JHY5566@nospam.com> - 2015-07-31 06:05 +1000
                Re: 1973--TI 8 digit electric calculator--$99.95 Stephen Sprunk <stephen@sprunk.org> - 2015-07-30 09:51 -0500
                Re: 1973--TI 8 digit electric calculator--$99.95 jmfbahciv <See.above@aol.com> - 2015-07-30 11:50 +0000
                Re: 1973--TI 8 digit electric calculator--$99.95 "Osmium" <r124c4u102@comcast.net> - 2015-07-30 08:04 -0500
                Re: 1973--TI 8 digit electric calculator--$99.95 "JHY" <JHY5566@nospam.com> - 2015-07-31 06:08 +1000
                Re: 1973--TI 8 digit electric calculator--$99.95 Stan Barr <plan.b@bluesomatic.org> - 2015-07-31 06:58 +0000
                Re: 1973--TI 8 digit electric calculator--$99.95 jmfbahciv <See.above@aol.com> - 2015-07-31 12:13 +0000
                Re: 1973--TI 8 digit electric calculator--$99.95 Stephen Sprunk <stephen@sprunk.org> - 2015-07-31 09:51 -0500
                Re: 1973--TI 8 digit electric calculator--$99.95 Stephen Sprunk <stephen@sprunk.org> - 2015-07-31 11:47 -0500
        Re: 1973--TI 8 digit electric calculator--$99.95 Stephen Sprunk <stephen@sprunk.org> - 2015-07-21 10:48 -0500
      Re: 1973--TI 8 digit electric calculator--$99.95 Morten Reistad <first@last.name.invalid> - 2015-07-21 12:54 +0200
        Re: 1973--TI 8 digit electric calculator--$99.95 hancock4@bbs.cpcn.com - 2015-07-21 08:00 -0700
          Re: 1973--TI 8 digit electric calculator--$99.95 Stephen Sprunk <stephen@sprunk.org> - 2015-07-21 10:45 -0500
        Re: 1973--TI 8 digit electric calculator--$99.95 Stephen Sprunk <stephen@sprunk.org> - 2015-07-21 10:41 -0500

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