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People that want to tax the rich

Posted on 11/14/19 at 7:59 am
Posted by jnethe1
Pearland
Member since Dec 2012
16143 posts
Posted on 11/14/19 at 7:59 am
You are dumb.

These people do not earn income, so you raising the income tax on the “rich” has absolutely affect them.

And if you go after their money in other ways, do you think it won’t affect the common man? All they’ll have to do is raise their prices for their products or services, or cut the pay/benefits for employees.

What do we gain from going after their money? Let’s assume we actually take their money and redistribute it to others. What does that accomplish? Where do you think technological innovations come from? You think that the government can do more with this money? No, they can’t. These rich people want to be even richer, they accomplish this via investment into research and development of new technologies. If you want to kill off innovation and technological breakthroughs, then yes tax them into oblivion you idiots.
Posted by the_watcher
Jarule's House
Member since Nov 2005
3450 posts
Posted on 11/14/19 at 8:16 am to
quote:

People that want to tax the rich

Are poor
Posted by fjlee90
Baton Rouge
Member since Nov 2016
7832 posts
Posted on 11/14/19 at 8:19 am to
Are guaranteed to be employed by a rich person. Who will make them unemployed when the tax environments necessitates trimming overhead.

Then they will complain about being unemployed.

It really is mind boggling.
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 11/14/19 at 8:20 am to
Honestly the best way to accomplish this is a inheritance tax. Any assets after death over $11.15MM should be taxed at 100%.
Posted by oilattorney4lsu
Baton Rouge
Member since Jul 2009
2068 posts
Posted on 11/14/19 at 8:20 am to
We can handle it.
Posted by Athis
Member since Aug 2016
11510 posts
Posted on 11/14/19 at 8:21 am to
I have had arguments with people over this for a couple of years..I tell them that they follow "Chalkboard Politics"...It only looks good in the classroom..Doesn't work in real life.
Posted by TaderSalad
mudbug territory
Member since Jul 2014
24625 posts
Posted on 11/14/19 at 8:21 am to
quote:

Are poor



Lazy, fugly, degenerates.
Posted by Nono
Member since Nov 2017
4820 posts
Posted on 11/14/19 at 8:25 am to
Respectfully disagree with you on death tax.

The government has no right to that money.

They need to be more fiscally responsible.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 11/14/19 at 8:27 am to
frick you.
Posted by UnitedFruitCompany
Bay Area
Member since Nov 2018
3359 posts
Posted on 11/14/19 at 8:28 am to
They are all full of shite. None of them talk about why the tax rate is so much higher on labor than capital. It should be the other way around if they were truly about the working man like the dems say.

Even if you look at large corporations right now. Never has the share of labor as a percent of EBITDA been lower in modern corporate history. IE we are making less as a percent of earnings. So were working more, making less, and corps are making more money.

So all the folks you hear rail about equal pay are in the same boat. Because its just a way to keep wages suppressed as opposed to increasing them.
Posted by Vecchio Cane
Ivory Tower
Member since Jul 2016
17716 posts
Posted on 11/14/19 at 8:28 am to
quote:

Any assets after death over $11.15MM should be taxed at 100%.


gfy
Posted by jnethe1
Pearland
Member since Dec 2012
16143 posts
Posted on 11/14/19 at 8:31 am to
Lol, no.... the government had no part in making that money. So they get none of it.
Posted by jnethe1
Pearland
Member since Dec 2012
16143 posts
Posted on 11/14/19 at 8:32 am to
quote:

So all the folks you hear rail about equal pay are in the same boat. Because its just a way to keep wages suppressed as opposed to increasing them.


Couldn’t have said it better.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98462 posts
Posted on 11/14/19 at 8:32 am to
quote:

People that want to tax the rich


Think "the rich" don't have options. Like restructuring their investments/assets.

OR

fricking leaving and taking their $$$$$$$ with them.
Posted by SlidellCajun
Slidell la
Member since May 2019
10346 posts
Posted on 11/14/19 at 8:35 am to
Income taxes are inherently unfair and divisive.
Politicians love them because they can be used to pit people against each other.

Taxing on the basis of consumption makes the most sense. It also works to curb carbon output if that is a concern for anyone.

The problem I see is that our politicians think government exists to do everything for the people. Helicopter government. That gets expensive.
The government is not a charity.
Posted by jnethe1
Pearland
Member since Dec 2012
16143 posts
Posted on 11/14/19 at 8:36 am to
quote:

Think "the rich" don't have options. Like restructuring their investments/assets. OR fricking leaving and taking their $$$$$$$ with them.


Yep

But why do they want to take their money? Personally I believe it’s due to jealousy.
Posted by fjlee90
Baton Rouge
Member since Nov 2016
7832 posts
Posted on 11/14/19 at 8:41 am to
quote:

Honestly the best way to accomplish this is a inheritance tax. Any assets after death over $11.15MM should be taxed at 100%.


OK, comrade.
Posted by jnethe1
Pearland
Member since Dec 2012
16143 posts
Posted on 11/14/19 at 8:43 am to
quote:

Income taxes are inherently unfair and divisive. Politicians love them because they can be used to pit people against each other.


This, plus it allows them to pick winners and losers. Look at the tax code. If you are a married couple and you both work your arse off, you are punished. But if you’re a loser and father children with a woman whom you live with but never marry because commitment is scary to you, you are rewarded. Hell you don’t even have to work and your kids get into college free. Meanwhile those suckers who married and worked have to take out a second mortgage to get their kids into college. Such a fricked up system.
Posted by Vecchio Cane
Ivory Tower
Member since Jul 2016
17716 posts
Posted on 11/14/19 at 8:43 am to
quote:

Lol, no.... the government had no part in making that money. So they get none of it.


You mean they get no MORE of it.

That money has already been taxed dozens of times
Posted by Smeg
Member since Aug 2018
9242 posts
Posted on 11/14/19 at 8:46 am to
quote:

Any assets after death over $11.15MM should be taxed at 100%.

So when someone dies who owns a private company or farm, and the total value (land, equipment, etc) total in value over $11.15M, it should not be passed on to the family but absorbed by the government?
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