Comment: Please tell me no one is falling for this (Score 1) 1058
According to Miller, mark-to-market would only affect individuals who were undeniably, extraordinarily rich, only publicly traded stock would be marked to market, and a mark-to-market system of taxation on the top one-tenth of 1 percent would raise hundreds of billions of dollars of new revenue over the next 10 years.
We've heard these bogus "It will only affect the super rich (who are evil and deserve to be punished)" lies almost every time new taxes are created, then once they're on the books, they're expanded to cover everyone else. Income tax in the US is a fantastic example of this - it was sold to the people as only affecting the top earners in the US and that it would only be a tax of around 3% of their income. I think it's safe to say we all know how that turned out.
As for why you only pay taxes on the gains? Because you already paid tax on the income used to buy the investment and you only actually gain anything when you sell it. If you want to make borrowing against stock without selling said stock illegal, go for it - but don't alter the system to screw over everyone who owns investments (which includes most pensions and private retirement funds).
Comment: Re:How many Amendments are left ? (Score 1) 1007
http://www.gunreports.com/news/news/US-named-most-heavily-armed-country_3666-1.html?ET=gunreports:e1156:193407a:&st=email
There's a link to download a PDF from the researchers. The big takeaway is "U.S. citizens own 270 million of the world’s 875 million known firearms, according to the Small Arms Survey 2007 by the Geneva-based Graduate Institute of International Studies. About 4.5 million of the 8 million new guns manufactured worldwide each year are purchased in the United States, it said."
Comment: Re:How many Amendments are left ? (Score 1) 1007
Why would I want it fixed? Because it's the government screwing with the market to try to prevent people from obtaining something that is 100% legal to own, with the primary purpose of trying to ensure that the military has superior firepower in case of civil war - which is pretty immoral to intentionally be planning on how best to murder your citizens. Why are you afraid of machine guns? They're essentially never used in crimes (you'd have to search a long time to find the last recorded use of one in a crime in the US) and as I said before, they're highly impractical. A semi-automatic weapon would be much more useful for killing large groups of people because you can still fire quite rapidly and you would kill more people with the same number of bullets (with full auto multiple bullets would hit each person, causing you to have to reload quite quickly - a 30 round magazine on full auto will last about 4 seconds). You want to use fear as a reason to ban them, yet it's a very small minority of people who use guns in crimes and it's often the SAME PEOPLE due to our catch-and-release justice system that returns dangerous people to society while trying to disarm innocent law abiding citizens.
People have the right to a full auto weapon because no one gets to define what another person "needs". Just like you have the right to buy a full size SUV, which I find wasteful and foolish. It's not about need, it's about want. You don't NEED an iPhone. You don't need a laptop. You want them because you enjoy them. I know people who own Uzi's (real, full auto ones) and they own them because they're FUN to go out and shoot a bunch of shit on the range / in the backyard (assuming a rural area), but they rarely shoot them because of the cost of ammo. A gun does not magically kill people - and you're being utterly intellectually dishonest by claiming that law abiding citizens having more guns would magically turn them into killers. Your argument is based on nothing but irrational fear, likely due to not having much experience around guns.