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Message

re: Poors Profiting from The Rona

Posted on 5/26/20 at 12:28 pm to
Posted by dgnx6
Member since Feb 2006
91731 posts
Posted on 5/26/20 at 12:28 pm to
quote:

If you’re making less than 2400 a month that’s just really bad to begin with


Of post tax? That's like a $42k/ year job.
This post was edited on 5/26/20 at 12:29 pm
Posted by jclem11
Chief Nihilist
Member since Nov 2011
10041 posts
Posted on 5/26/20 at 12:28 pm to
quote:

With potential risk comes potential reward



The naivete is strong with this one.

My beef is not with legitimate business owners. I am not anti-business by any stretch. I am anti abuse of the tax code that results in higher tax burdens on wage earners who are not afforded such luxuries.

My complaint is the bullshite "ranches" and "farms" that are clearly nothing more than hobbies disguised as businesses.
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 5/26/20 at 12:28 pm to
quote:

That's like a $42k/ year job.


Yea as I’ve said.
This post was edited on 5/26/20 at 12:29 pm
Posted by kingbob
Sorrento, LA
Member since Nov 2010
71232 posts
Posted on 5/26/20 at 12:29 pm to
quote:

think if you get rid of all taxes though, then your essentially creating pockets of wealth where people who have money will gather together and have a great police force, fire fighters, etc because they will now front the cost. But then everyone else is just poor living in filth. Ha it just makes me think we will turn into some type of distopia society you see in these “young adult” novels that keep getting turned into movies.


Notice I didn’t call for anything remotely resembling that. I just said that government should get out of the safety net/entitlement business, and that sales and property taxes are superior to income taxes.

Sales and property are superior because they’re easier and more efficient to assess, pay, collect, and enforce. Payroll taxes are a little better, but still allow shady businesses to get away with paying workers cash under the table.

“Income” is such a difficult thing to define that it requires so much work by all involved to figure out what should be income and what shouldn’t be. It’s nearly impossible to enforce and incredibly burdensome to even know how much to pay. Then, you have a government tasked with punishing mistakes and fraud, but unable to stop a fraction. We don’t have these same issues when collecting sales taxes.
This post was edited on 5/26/20 at 12:35 pm
Posted by jclem11
Chief Nihilist
Member since Nov 2011
10041 posts
Posted on 5/26/20 at 12:32 pm to
(no message)
This post was edited on 5/26/20 at 6:22 pm
Posted by wildtigercat93
Member since Jul 2011
116489 posts
Posted on 5/26/20 at 12:32 pm to
quote:

You have proof of this?


His posts in the thread?
Posted by dgnx6
Member since Feb 2006
91731 posts
Posted on 5/26/20 at 12:33 pm to
quote:

Yea as I’ve said.


shite, restaurant managers make about that, same with teachers, low level nurses, fire fighters, various government jobs.
Posted by Taxing Authority
Houston
Member since Feb 2010
63988 posts
Posted on 5/26/20 at 12:33 pm to
quote:

So you lie to unemployment that you were laid off?
is everyone truthful?
Posted by Taxing Authority
Houston
Member since Feb 2010
63988 posts
Posted on 5/26/20 at 12:34 pm to
quote:

The naivete is strong with this one.
Why aren't you a millionaire?
Posted by jclem11
Chief Nihilist
Member since Nov 2011
10041 posts
Posted on 5/26/20 at 12:35 pm to
quote:

Notice I didn’t call for anything remotely resembling that. I just said sales and property taxes are superior to income because they’re easier and more efficient to assess, pay, collect, and enforce. “Income” is such a difficult thing to define that it requires so much work by all involved to figure out what should be income and what shouldn’t be. It’s nearly impossible to enforce and incredibly burdensome to even know how much to pay. Then, you have a government tasked with punishing mistakes and fraud, but unable to stop a fraction. We don’t have these same issues when collecting sales taxes.


Nailed it. Sales and property taxes suck as to pay but are much easier form of taxation to levy, collect, and enforce than income tax.

Sales taxes are more regressive which presents a whole other set of problems.
Posted by Taxing Authority
Houston
Member since Feb 2010
63988 posts
Posted on 5/26/20 at 12:35 pm to
Speaking of naivate...
quote:

My complaint is the bullshite "ranches" and "farms" that are clearly nothing more than hobbies disguised as businesses.

You do realize there's specific laws for differentiating what is a hobby vs. a business in the tax code, right?
Posted by dgnx6
Member since Feb 2006
91731 posts
Posted on 5/26/20 at 12:36 pm to
quote:

If you are unwilling to concede that businesses and business owners have much more favorable tax treatment than wage earners you are being willfully ignorant.


This is what you posted chief. But Ok, we will shut our business down and 350 people will be looking for jobs. And guess what? That's 350 people less I will be paying FUTA and SUTA on.
This post was edited on 5/26/20 at 12:37 pm
Posted by jclem11
Chief Nihilist
Member since Nov 2011
10041 posts
Posted on 5/26/20 at 12:36 pm to
quote:

Why aren't you a millionaire?


Sweet non sequitor. That question is wholly irrelevant to the discussion.
Posted by dukke v
PLUTO
Member since Jul 2006
216685 posts
Posted on 5/26/20 at 12:36 pm to
This thread needs to be moved to the poli board.
Posted by Taxing Authority
Houston
Member since Feb 2010
63988 posts
Posted on 5/26/20 at 12:37 pm to
quote:

Sales and property taxes suck as to pay but are much easier form of taxation to levy, collect, and enforce than income tax.
The difference between assessed value and appraisals on property tells a different story.

Income taxes are EASY for the government to collect -- because they don't even do it. They force employers to do it for them -- for free.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
71232 posts
Posted on 5/26/20 at 12:38 pm to
quote:

Sales taxes are more regressive which presents a whole other set of problems


Anything is more regressive than the bottom half getting more back than they paid in income taxes. Plus, property taxes are very progressive, so it evens out. No one ever talks about how regressive payroll taxes are.
Posted by Taxing Authority
Houston
Member since Feb 2010
63988 posts
Posted on 5/26/20 at 12:38 pm to
quote:

Sweet non sequitor. That question is wholly irrelevant to the discussion.

Nice dodge. If there's no risk, skill, nor value involved... what's stopping you? You're a smart guy, right?
Posted by tigergirl10
Member since Jul 2019
10764 posts
Posted on 5/26/20 at 12:39 pm to
They’re not supposed to be getting food stamps if they’re getting unemployment and if especially they’re married and both have income.
Posted by jclem11
Chief Nihilist
Member since Nov 2011
10041 posts
Posted on 5/26/20 at 12:40 pm to
quote:

You do realize there's specific laws for differentiating what is a hobby vs. a business in the tax code, right?

This post was edited on 5/26/20 at 5:52 pm
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
151613 posts
Posted on 5/26/20 at 12:42 pm to
quote:

They’re not supposed to be getting food stamps if they’re getting unemployment and if especially they’re married and both have income.
he is obviously full of shite
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