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re: Ilhan Omar pushes for new tax on stock trades amid GameStop frenzy

Posted on 2/1/21 at 7:15 pm to
Posted by JColtF
Lake Charles, LA
Member since Aug 2008
4760 posts
Posted on 2/1/21 at 7:15 pm to
quote:

I firmly believe Omar is a jihadist sleeper agent. And I’m not a conspiracy theorist.


State Security is en route to escort you and your family to Local Party Headquarters
Posted by Vestigial Morgan
Member since Apr 2016
3048 posts
Posted on 2/1/21 at 7:17 pm to
The same amount of mental effort and consideration of consequences that went into her proposal was less than her deliberations on where she wanted to eat lunch yesterday.
Posted by NPComb
Member since Jan 2019
28502 posts
Posted on 2/1/21 at 7:18 pm to
quote:

firmly believe Omar is an ignorant racist bitch


Fixed
Posted by IT_Dawg
Georgia
Member since Oct 2012
26709 posts
Posted on 2/1/21 at 7:19 pm to
quote:

We could use the close to $1 trillion it would generate to cancel all student debt and make college free.


Posted by Nguyener
Kame House
Member since Mar 2013
21057 posts
Posted on 2/1/21 at 7:24 pm to
quote:

Levying a tax isn't a crime


Theft is a crime. Taxation is at its core theft. Over bloated governments constantly increasing taxes and never addressing their own bloat is always a problem worth fighting against. Fighting bullshite over-taxation by corrupt government is a literal founding principal of this country.
Posted by MsState of mind
State of Denial
Member since Aug 2013
2740 posts
Posted on 2/1/21 at 7:45 pm to
frick it I fought these taxes on the rich forever but the rich keep voting democrat. They want it so let em have it.billionaires get away with murder on taxes and they would take the brunt of it. If they don’t care why should we
Posted by bbrownso
Member since Mar 2008
8985 posts
Posted on 2/1/21 at 7:48 pm to
quote:

Justifying a crime doesn’t change the fact that it’s a crime.


Apparently, it's fine. In that case, we can really clean up if we just get rid of all recipients of Social Security benefits.

2018 article on the breakdown of Social Security expenditures
quote:

As you can probably imagine, the single-biggest expenditure for Social Security is scheduled benefits. Nearly 99% of its $952.5 billion in expenditures ($941.5 billion) went to eligible beneficiaries last year.

Let's have a 1 time cull; we'd save close to a Trillion dollars per year and think of the benefits in terms of freed up housing, cars, property, potential death tax revenue, and freed up healthcare resources.

It could help solve a lot of problem; you just need to be a murderer. Sounds like a job for Congress!



Oh no, we're probably being monitored:
Posted by Shamoan
Member since Feb 2019
13804 posts
Posted on 2/1/21 at 7:48 pm to
This is what happens when you let dumb, foreign, America-hating brother-frickers into the halls of congress
This post was edited on 2/1/21 at 7:49 pm
Posted by blueboxer1119
Baton Rouge
Member since May 2013
9786 posts
Posted on 2/1/21 at 7:54 pm to
quote:

I firmly believe Omar is a jihadist sleeper agent


She needs a better disguise.
Posted by touchdownjeebus
Member since Sep 2010
26668 posts
Posted on 2/1/21 at 7:59 pm to
quote:

I firmly believe Omar is a jihadist sleeper agent. And I’m not a conspiracy theorist.


Well, she’s funded by the Muslim brotherhood so...
Posted by Fastcat
Member since Nov 2016
446 posts
Posted on 2/1/21 at 8:09 pm to
Yes we can’t allow anybody to make a little money without the government trying to steal it. Everyone one of them thieves needs to be replaced as soon as possible.
Posted by Wednesday
Member since Aug 2017
17302 posts
Posted on 2/1/21 at 8:50 pm to
I’m about to say something unpopular.I sort of agree with her.

My business pays sales tax on each sale (not my law practice - family business. Services are not subject to sales tax - at least in Louisiana I don’t know about other places. Plus, I am the furthest thing you will locate from a tax attorney). Our business invoices the customer for the sales tax and pays the state / parish on receipt of payment from customer.

How do you Baws feel about the elimination of federal income tax (enforced by constitutional amendment), replaced by a federal sales tax on all publicly traded securities and movable goods sold or leased in interstate commerce. Real Estate is exempt from sales tax. If you have to pay a fed sales tax on anything sold in interstate commerce, then Amazon pays a shite ton of sales tax. (Yay. Cuz frick Amazon).

I legit have no idea if this would frick around the economy or not, bc I’m not an accountant and I suck as a bookkeeper.

I’ve always thought it would be the one way to make sure everyone paid taxes, including businesses and foreigners. The price of goods and services would increase, but so would take home income.

Plenty of things are exempt from state sales tax, so Im sure federal sales tax could exempt things like goods purchased for resale, medication or groceries- but not junk food. I feel very strongly that processed foods should be taxed like cigarettes.

I’ve always thought a flat tax was the way to go, and there’s nothing that pisses me off more than the idea
That some people get a tax “refund” for more than they actually paid in. If tax revenue is used to fund things for the public good, then dammit, everyone should pay.

In short - I’m terrified Bc I may slightly agree with Illhan Omar-but ONLY IF Income Taxes (and estate taxes) were abolished.
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