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CoryBooker's profile
Cory Booker
Cory Booker
Cory Booker
Verified account
@CoryBooker

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Cory BookerVerified account

@CoryBooker

U.S. Senator from New Jersey

Newark, NJ
Joined August 2008

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    Cory Booker‏Verified account @CoryBooker 6 Sep 2012

    No, I think it is eliminating indefensible loopholes like "carried interest" RT @Numerologynow: WHAT % income is "THEIR FARE SHARE"

    5:36 AM - 6 Sep 2012
    • 11 Retweets
    • 3 Likes
    • Erick Miller Patsy Roussel Erikka Adam Tenderholt Kimberly Brusk GJAM Jewelry Michael Poirier DocSMartin
    22 replies 11 retweets 3 likes
      1. Alvin S. Brown, Esq.‏ @USTaxAttorney 12 Sep 2012
        Replying to @CoryBooker

        @CoryBooker "carried interest" violates section 7701(o) of IRS Code - "economic substance" - it is taxable as COMPENSATION at 35% tax rate

        0 replies 3 retweets 0 likes
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      1. Alvin S. Brown, Esq.‏ @USTaxAttorney 10 Sep 2012
        Replying to @CoryBooker

        @CoryBooker Under section 7701(o) of the Code, the "carried interest" partnerships will be disregarded & compensation is fully taxable

        0 replies 0 retweets 0 likes
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      1. Alvin S. Brown, Esq.‏ @USTaxAttorney 8 Sep 2012
        Replying to @CoryBooker

        @CoryBooker @Numerologynow Billions more for Treasury if the IRS cracked down on "carried interest" under 7701(o)

        0 replies 0 retweets 0 likes
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      1. Alvin S. Brown, Esq.‏ @USTaxAttorney 8 Sep 2012
        Replying to @CoryBooker

        @CoryBooker @Numerologynow Billions more will come into Treasury if the IRS cracked down on "carried interest" under 7701(o)

        0 replies 0 retweets 0 likes
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      1. Guyton W‏ @TigernBham 6 Sep 2012
        Replying to @CoryBooker

        @CoryBooker @Numerologynow Your Patriotism definition "everyone pays their fair share" - Is 50% not paying "fair"?

        0 replies 0 retweets 0 likes
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      1. Greg Harbaugh‏ @FoodSafetyKing 6 Sep 2012
        Replying to @CoryBooker

        @CoryBooker how about flat tax for everyone and no deductions but chatity and home mortgage?

        0 replies 0 retweets 0 likes
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      1. Charles Cowen‏ @chrchciv 6 Sep 2012
        Replying to @CoryBooker

        @CoryBooker @numerologynow define for me how much of the money we earn should the government be allowing us to keep? #fair share

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Felix La Poubelle‏ @mrgrumpybus 6 Sep 2012
        Replying to @CoryBooker

        @CoryBooker @Numerologynow Carried interest is the low hanging fruit. All agree (even VCs). Any thoughts about more contentious "loopholes"?

        1 reply 0 retweets 0 likes
      3. Alvin S. Brown, Esq.‏ @USTaxAttorney 8 Sep 2012
        Replying to @mrgrumpybus

        @jerrykern @CoryBooker @Numerologynow Billions more for Treasury if the IRS cracked down on "carried interest" under 7701(o)

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Sean‏ @HisFriendlyWay 6 Sep 2012
        Replying to @CoryBooker

        @CoryBooker In normal times maybe a stretch. In this election cycle? Maybe not so much.

        0 replies 0 retweets 0 likes
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      1. Sean‏ @HisFriendlyWay 6 Sep 2012
        Replying to @CoryBooker

        @CoryBooker However, reading between the lines. The article was AP (Rupert Murdoch) the same man on the board of PBS. Stretch?

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. bobs burgers‏ @RedStateVoter 6 Sep 2012
        Replying to @CoryBooker

        @CoryBooker @numerologynow the problem here is that u still haven't actually defined "fair share."

        1 reply 0 retweets 0 likes
      3. Gary the numbers guy‏ @Numerologynow 6 Sep 2012
        Replying to @RedStateVoter

        @RedStateVoter @CoryBooker all I am asking for is a Number-WHAT % OF INCOME IS CONSIDERED "THEIR FARE SHARE" by the #DNC -WHATS THE NUMBER ?

        1 reply 0 retweets 0 likes
      4. bobs burgers‏ @RedStateVoter 6 Sep 2012
        Replying to @Numerologynow

        @Numerologynow @corybooker he can't define it, but he's more than willing to call us unpatriotic for not paying our fair share.

        0 replies 0 retweets 0 likes
      5. End of conversation
      1. C‏ @436th 6 Sep 2012
        Replying to @CoryBooker

        @CoryBooker two words: capital gains. When Reagan was in, he raised it to 28%. It's now 15%.

        0 replies 0 retweets 0 likes
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      1. Sean‏ @HisFriendlyWay 6 Sep 2012
        Replying to @CoryBooker

        @CoryBooker Why is it so called FACT CHECK is everywhere this morning as I peruse the internet news? One from "NPR" slammed Bill Clinton.

        0 replies 0 retweets 0 likes
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      1. Jim Clarke‏ @jerseyjimmyc 6 Sep 2012
        Replying to @CoryBooker

        @CoryBooker Dramatic tax code simplification, right? Almost impossible to run a small biz and be in compliance right now.

        0 replies 0 retweets 0 likes
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      1. Michael Parsons‏ @MichaelMParsons 6 Sep 2012
        Replying to @CoryBooker

        @CoryBooker @Numerologynow Exactly. Most of us build something or provide a service, and pay 30ish%. They destroy the economy and pay 15%

        0 replies 0 retweets 0 likes
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