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Started By
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re: Liberal Folks, Should We Tax the Rich?
Posted on 9/16/21 at 3:30 pm to sabes que
Posted on 9/16/21 at 3:30 pm to sabes que
quote:
The ultra rich have accountants and attorneys who they pay to get out of paying taxes. Also, something like 100 people have more wealth than the bottom 90 percent, to say they pay their “fair share” is a complete joke.
Those are some shitty accountants. They pay 40% of all income tax. How much more would you like for them to contribute?
2
Posted on 9/16/21 at 3:31 pm to 93and99
quote:
The ultra rich have accountants and attorneys who they pay to get out of paying taxes. Also, something like 100 people have more wealth than the bottom 90 percent, to say they pay their “fair share” is a complete joke.
Even if you simplify the tax code and get rid of all tax write offs, the wealthy will still play a ridiculously disproportionate percentage of the overall federal incone tax - even if everybody paid the same tax rate, which they don't. The wealthy pay a substantially higher rate. Now if you want to tax capital gains like earned income, good luck. Watch your 401(k) bottom out and one guess who gets hurt worse in that scenario. Not "The Man", but the little man.
Posted on 9/16/21 at 3:34 pm to sabes que
quote:I'm
Lol 47 percent?
too .....because the truth is 61% of Americans paid no federal income taxes in 2020
sabo que
Posted on 9/16/21 at 3:35 pm to sabes que
Ever heard of the EIC & Child Tax Credit?
Those are loopholes that not only zero out their tax burden it fricking "pays" them.
Let's get rid of ALL deductions and credits, individuals pay a tax on gross income and companies pay on gross receipts.
When everyone starts paying income taxes, I "might" start worrying about what wealthy people pay.
Those are loopholes that not only zero out their tax burden it fricking "pays" them.
Let's get rid of ALL deductions and credits, individuals pay a tax on gross income and companies pay on gross receipts.
When everyone starts paying income taxes, I "might" start worrying about what wealthy people pay.
Posted on 9/16/21 at 3:40 pm to Zach
quote:
Reduce? Hell, just keep it the same every year and the left calls it draconian cuts that starve the poor.
Bingo.
Only in government world is reducing a proposed spending increase from 6% to 2% a "spending cut". Plus, it's considered a "draconian cut".
Posted on 9/16/21 at 3:45 pm to Floyd Dawg
quote:
Bingo.
Only in government world is reducing a proposed spending increase from 6% to 2% a "spending cut". Plus, it's considered a "draconian cut".
Ummm i take it you don't work in corporate finance?
Posted on 9/16/21 at 3:46 pm to sabes que
quote:¿Sabes que? Eres muy callado.
sabes que
Posted on 9/16/21 at 3:47 pm to fjlee90
It sounds like a lot, until one realizes how much wealth is consolidated among the top .1 percent
Posted on 9/16/21 at 3:48 pm to oklahogjr
quote:That is an od take. Really odd.
Ummm i take it you don't work in corporate finance?
Posted on 9/16/21 at 3:52 pm to NC_Tigah
I’m quiet? What are you saying?
Posted on 9/16/21 at 3:52 pm to fjlee90
quote:
That’s a lot of word salad to state that you agree that without people corporations didn’t exist and levying taxes on corporations is to levy taxes against the individuals that comprise the corporation.
Plenty of things can't exist without humans but it doesn't make them human....
Posted on 9/16/21 at 3:52 pm to fjlee90
The wealth distribution is getting worse and worse each year. No one wants to hear it, but the people on the bottom aren’t making enough, and the people at the top are making too much.
If taxation is the only way to even that up, so be it. It’s not in anyone’s best interest to have the poor sinking lower and lower. If you go to places like Scandinavia or Western Europe, the people at the bottom have it way better. And there will always be a bottom.
The further down the bottom sinks, the closer we get to a massive upheaval.
ETA: I’m not a liberal. I’m just a realist.
If taxation is the only way to even that up, so be it. It’s not in anyone’s best interest to have the poor sinking lower and lower. If you go to places like Scandinavia or Western Europe, the people at the bottom have it way better. And there will always be a bottom.
The further down the bottom sinks, the closer we get to a massive upheaval.
ETA: I’m not a liberal. I’m just a realist.
This post was edited on 9/16/21 at 3:53 pm
Posted on 9/16/21 at 3:53 pm to sabes que
quote:Yeah? When your peeps target THAT group, we'll talk. Until then, usted no sabes.
It sounds like a lot, until one realizes how much wealth is consolidated among the top .1 percent
There is a reason nearly every one of them are Dems, and it ain't charity.
Posted on 9/16/21 at 3:54 pm to sabes que
quote:61%, dog.
I’m quiet? What are you saying?
Posted on 9/16/21 at 3:55 pm to fjlee90
The Republican party seriously has average people willing to defend million and billionaires to the death. The same people who would consider them a fricking peasant
Posted on 9/16/21 at 3:57 pm to sabes que
quote:Democrats nonetheless.
The Republican party seriously has average people willing to defend million and billionaires to the death.
Does American Exceptionalism offend you?
Posted on 9/16/21 at 4:00 pm to NC_Tigah
Who favors taxing the ultra rich more? The left or the right? IYO
Posted on 9/16/21 at 4:06 pm to NC_Tigah
quote:
That is an od take. Really odd.
I do internal operation project calcs and if i reduce your hiring plan for the next 5 years so you can maintain current levels but expand revenue that 100% would count as a cost savings program at a corporation.
This post was edited on 9/16/21 at 4:08 pm
Posted on 9/16/21 at 4:06 pm to sabes que
quote:
t sounds like a lot, until one realizes how much wealth is consolidated among the top .1 percent
They pay 20% of income taxes.
You’ve got a lot of envy. You can take away all the wealth of the 1% and still not cover the proposed spending bill.
Break open your piggy bank, average folks.
Posted on 9/16/21 at 4:08 pm to sabes que
quote:The proof is in the pudding. The vast majority of "ultra rich" are DEMOCRATS! You figure it out.
Who favors taxing the ultra rich more? The left or the right?
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