- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Millionaire Tax Would Generate About $400 Billion in Revenue
Posted on 4/21/25 at 2:59 pm to Major Dutch Schaefer
Posted on 4/21/25 at 2:59 pm to Major Dutch Schaefer
Find out how members of Congress will evade the tax themselves, and do the same thing.
0
Posted on 4/21/25 at 2:59 pm to Major Dutch Schaefer
quote:
$420 billion over a decade
$1M in income hits a lot of small businesses. If you have you have to reach that low to get to only 420B over a decade, you can see that there's very little benefit from a revenue perspective to taxing the "rich".
And, of course, you'd be creating a barrier to small businesses who have potential to grow.
Posted on 4/21/25 at 3:02 pm to Tuscaloosa
quote:
Anyone proposing our government be able to steal more of our money should be immediately ignored for the rest of their existence.
Sounds like Trump is for it
Posted on 4/21/25 at 3:04 pm to Tuscaloosa
quote:
Anyone proposing our government be able to steal more of our money should be immediately ignored for the rest of their existence.
quote:
Trump has indicated he is open to higher taxes on the wealthiest Americans
Posted on 4/21/25 at 3:05 pm to TigeeDaleC
quote:
That "revenue" would be more useful in the economy (spent, invested, saved) than in the hands of the federal government.
How can you even think that seeing as how the US government has been such good stewards of our tax money thus far? ..
Posted on 4/21/25 at 3:05 pm to Major Dutch Schaefer
quote:
A Republican proposal to impose a tax hike
WTF...the takeover is now complete.
Posted on 4/21/25 at 3:17 pm to Major Dutch Schaefer
We don’t have a tax problem.
We have a spending problem
We have a spending problem
Posted on 4/21/25 at 3:19 pm to Major Dutch Schaefer
What level millionaire?
Surely they cant tax the 401K 1-3 year millionaires.
Surely they cant tax the 401K 1-3 year millionaires.
This post was edited on 4/21/25 at 3:21 pm
Posted on 4/21/25 at 3:21 pm to Major Dutch Schaefer
So 20 days of government spending.
Derp.
Derp.
Posted on 4/21/25 at 3:32 pm to TigeeDaleC
quote:
That "revenue" would be more useful in the economy (spent, invested, saved) than in the hands of the federal government.
There are very few places worse to put money than in government. Of course, it's not so good if it goes to build a factory in China either.
This post was edited on 4/21/25 at 3:37 pm
Posted on 4/21/25 at 3:34 pm to TDsngumbo
quote:
We revolted, fought a long war for independence, lost 25,000 brave souls, and birthed the most powerful nation Earth has ever seen over a 3% tax.
We definitely have a long history of the have nots fighting wars on behalf of the haves and their interests. I agree.
Posted on 4/21/25 at 3:38 pm to Nurbis
quote:
That 40 billion per year would cover around 2.5 days' worth of spending.
Let’s be consistent. Most of the DOGE cuts are less than that. The budget will get fixed with a lot of “small” things adding up.
Posted on 4/21/25 at 3:39 pm to Major Dutch Schaefer
quote:*Laughs like a drunken sailor 37 trillion dollars in debt*
Millionaire Tax Would Generate About $400 Billion in Revenue
Posted on 4/21/25 at 3:40 pm to Violent Hip Swivel
quote:
We definitely have a long history of the have nots fighting wars on behalf of the haves and their interests. I agree.
The haves pay for everything.
Maybe its time to make Joe Six Pack pay a little more of the "fair share" if you baws want taxes raised so much.
Taxing the rich is kind of silly, when you get to a certain point income isnt where they are getting their wealth.
Posted on 4/21/25 at 3:40 pm to Major Dutch Schaefer
quote:
Millionaire Tax Would Generate About $400 Billion in Revenue
No, it wouldn’t.
Posted on 4/21/25 at 4:00 pm to the808bass
Isn't it already 37% ? So it's to raise it another 3%?
Is part of the proposal to make state income taxes deductible from the total? Or those would be on top of the 40%?
Is part of the proposal to make state income taxes deductible from the total? Or those would be on top of the 40%?
Posted on 4/21/25 at 4:03 pm to jrodLSUke
Cheap compared to decades ago. Very low.
Posted on 4/21/25 at 4:04 pm to Major Dutch Schaefer
quote:
income over $1 million at a 40% rate
Let’s see how professional athletes, NIL athletes, and college/pro coaches like this increase.
Posted on 4/21/25 at 4:10 pm to Major Dutch Schaefer
Please don’t tax my precious rich folks.
Posted on 4/21/25 at 4:12 pm to Major Dutch Schaefer
I was hoping for a decrease. 
Page 2 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News