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Started By
Message
re: Why do dems think it’s fair that the top 1% pays more tax than bottom 90% combined
Posted on 1/23/19 at 7:58 pm to DisplacedBuckeye
Posted on 1/23/19 at 7:58 pm to DisplacedBuckeye
quote:So 90:1 is not the ratio we should be looking at. It's more like 2:1. Feel free to be vastly outraged by that. Personally, I much prefer my place in the 1% earning high and living comfortably (yet paying a higher rate) than "getting something" by being poor and not paying much tax. I'll take that trade all day long.
So.
2
Posted on 1/23/19 at 8:04 pm to BamaAtl
quote:
Because they have more wealth than the bottom 90% and can afford it
Who the frick are you to tell anyone what they can afford? The real reason you want them to pay more is to piss it away on more useless govt programs because it makes people like you feel good about their otherwise shitty life. Why don’t you put your money where your mouth is and stroke a check to the govt for more than what you owe in taxes? Go ahead and file with no deductions this year while you’re at it. Bet you won’t though because it’s a hell of a lot easier to spend other people’s money.
This post was edited on 1/23/19 at 8:06 pm
Posted on 1/23/19 at 8:11 pm to Big Scrub TX
quote:
So 90:1 is not the ratio we should be looking at. It's more like 2:1. Feel free to be vastly outraged by that.
1:1 is a better ratio.
Outraged is a label you're trying to put on it to reduce the opinion of those who disagree. Try that bullshite on someone else.
quote:
Personally, I much prefer my place in the 1% earning high and living comfortably (yet paying a higher rate) than "getting something" by being poor and not paying much tax.
Neat. No one in the 1% wishes they were poor so they'd pay less in taxes. That doesn't mean we should roll over and pretend that we should pay even more in taxes because we're in a better place financially.
quote:
I'll take that trade all day long.
It shouldn't be a trade.
Posted on 1/23/19 at 8:12 pm to DisplacedBuckeye
quote:
DisplacedBuckeye
If we take all the money from the 1% and just hand it to the bottom 10% or spend it all on an over bloated government and it solves nothing, I assume you're OK with taking all of the money from the next 1% right?
This post was edited on 1/23/19 at 8:14 pm
Posted on 1/23/19 at 8:19 pm to Nguyener
quote:
If we take all the money from the 1% and just hand it to the bottom 10% or spend it all on an over bloated government and it solves nothing, I assume you're OK with taking all of the money from the next 1% right?
What? How did you get that from anything I said?
Posted on 1/23/19 at 8:20 pm to WildTchoupitoulas
Sure they can afford it, but the worked for it, started businesses for it, traveled away from their families for it, got advanced degrees to achieve it...and so much more that many in the other 99% did not bother to do, or didn't finish... it's not the other 99%'s money...and being in that top 1% takes a lot less income than you would think....
quote:
To be among the top 1 percent of U.S. earners, a family needs an income of$421,926, a new report from the Economic Policy Institute finds.
This post was edited on 1/23/19 at 8:23 pm
Posted on 1/23/19 at 8:28 pm to DisplacedBuckeye
quote:One should not have to abdicate their right to property-to keep their right to property. If anything it demonstrates how taxes are a form of violence. You must bargain with the takers.
It shouldn't be a trade.
This post was edited on 1/23/19 at 8:29 pm
Posted on 1/23/19 at 8:32 pm to Taxing Authority
quote:
You must bargain with the takers.
I'd prefer to remove the takers.
Posted on 1/23/19 at 9:14 pm to Big Scrub TX
quote:
So 90:1 is not the ratio we should be looking at. It's more like 2:1. Feel free to be vastly outraged by that. Personally, I much prefer my place in the 1% earning high and living comfortably (yet paying a higher rate) than "getting something" by being poor and not paying much tax. I'll take that trade all day long
I'm barely creeping in the top 5%. I'd happily be in the top 1% with a higher effective tax rate
Posted on 1/23/19 at 9:17 pm to Powerman
Let us know if you feel the same if you make it into the club.
Posted on 1/23/19 at 9:21 pm to Powerman
quote:
I'd happily be in the top 1% with a higher effective tax rate
No you wouldn't
Posted on 1/23/19 at 9:22 pm to SDVTiger
quote:
No you wouldn't
Right. My net income going up substantially sounds miserable.
Posted on 1/23/19 at 9:25 pm to Powerman
Lol more money more problems bruh
Maybe you will get up here one day
Maybe you will get up here one day
Posted on 1/23/19 at 9:26 pm to SDVTiger
Life isn't a rap song dude
Posted on 1/23/19 at 9:27 pm to Powerman
That's what someone who hasnt made it would say
Posted on 1/23/19 at 9:28 pm to SDVTiger
Top 5% is aight. Wouldn't complain about a higher income. You'd be crazy to.
Posted on 1/23/19 at 9:36 pm to BamaAtl
quote:
Trickle down economics doesn't work. Trickle down economics will never work. The sooner you and your party realize this, the better off the country will be.
Ok, I’ll just continue to read Sowell and Friedman and watch the market climb after every tax break and deregulation . And watch the joke of the Democratic Party put in another stimulus package.
You’re party thinks because a ridiculously regulated capitalistic economy doesn’t boom that trickle down doesn’t work. With that analogy, I’m pretty sure I can whip Mike Tyson’s arse while he is handcuffed.
Since you’re an idiot Mike Tyson is capitalism, and the hand cuffs are the regulations.
Posted on 1/23/19 at 9:40 pm to Powerman
As wealth inequality becomes more prevalent the tax rate of the upper echelon will increase. It's inevitable.
Posted on 1/23/19 at 9:42 pm to bayoumuscle21
quote:
Ok, I’ll just continue to read Sowell and Friedman and watch the market climb after every tax break and deregulation
Eh that's not necessarily true. Tax policy is important but it doesn't influence markets to the extent you think. There are too many other external influences to try to tie it to tax policy.
Posted on 1/23/19 at 9:43 pm to boogiewoogie1978
quote:
As wealth inequality becomes more prevalent the tax rate of the upper echelon will increase. It's inevitable
Wealth and income tax rates are pretty much separate discussions.
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