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re: TRUMP ADMIN. Considers Allowing Higher Taxes On The Rich: AXIOS

Posted on 3/28/25 at 2:04 pm to
Posted by Hayekian serf
GA
Member since Dec 2020
4053 posts
Posted on 3/28/25 at 2:04 pm to
Great Trump/OFF
Bad Trump/ON
Posted by klrstix
Shreveport, LA
Member since Oct 2006
3520 posts
Posted on 3/28/25 at 2:11 pm to
quote:

How on Earth can a guy make a 610,000 a year be considered to be in the same category even as somebody making 5 million a year? That's fricking retarded



To find the answer you seek, look no further than the people that vote on the tax rates....



Posted by Taxing Authority
Houston
Member since Feb 2010
62653 posts
Posted on 3/28/25 at 2:14 pm to
quote:

How on Earth can a guy make a 610,000 a year be considered to be in the same category even as somebody making 5 million a year?
$610k is well under top 1%. By any definition both are “rich”.
Posted by Cajun Cricket
TN, AL, CO
Member since Mar 2016
216 posts
Posted on 3/28/25 at 2:15 pm to
Retarded?

You realize that the tax brackets are percentages and not a dollar amounts, right?

So someone that has a taxable income of $5 million vs $0.6 million pays significantly more in taxes right?

Maybe you do realize that though and you just believe that our progressive rates should extend up to 100% and our government should set the max limit on what a person can take home.
Posted by Taxing Authority
Houston
Member since Feb 2010
62653 posts
Posted on 3/28/25 at 2:16 pm to
quote:

To find the answer you seek, look no further than the people that vote on the tax rates....

That's why everyone should pay. But trumps wants no one under the $150k to pay. That leaves only the top 10% to pay for the other 90%.

Bernie and AOC would be so proud!
Posted by POTUS2024
Member since Nov 2022
20943 posts
Posted on 3/28/25 at 2:17 pm to
I thought we established that the rich don't pay taxes. They live on borrowed money and use loopholes and all sorts of stuff. Will this make any difference at all?
Posted by Ten Bears
Florida
Member since Oct 2018
4767 posts
Posted on 3/28/25 at 2:29 pm to
quote:

Muh conservative! So no debt limits, CRs business as usual and tax the rich. Best friend democrats ever had.


High taxes, high tariffs, sort of like a democratic wet dream without the trannies.
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
14442 posts
Posted on 3/28/25 at 2:34 pm to
"un-named sources"
Posted by BugAC
St. George
Member since Oct 2007
57051 posts
Posted on 3/28/25 at 3:04 pm to
quote:

This would be a very smart political move.


No, it wouldn't.

quote:

It would aim to flip the script on Democrats, whose messaging focuses on Republicans potentially slashing Medicaid and enlarging the deficit in order to fund tax cuts for the super-rich.


There is no stupider idea than to adapt marxist principles to "own the libs" in the media.

This is now, at least, the 2nd time i've heard you spout this stupid idea.
Posted by Grumpy Nemesis
Member since Feb 2025
2033 posts
Posted on 3/28/25 at 3:08 pm to
quote:

$610k is well under top 1%. By any definition both are “rich”

Meh. Rich needs a subjectories. Because a guy making $610,000 a year has more in common with a school teacher than he does with somebody making five or six million a year
Posted by Grumpy Nemesis
Member since Feb 2025
2033 posts
Posted on 3/28/25 at 3:10 pm to
quote:

You realize that the tax brackets are percentages and not a dollar amounts, right?

What on Earth did I write that would make you think I didn't know this

quote:


Maybe you do realize that though and you just believe that our progressive rates should extend up to 100% and our government should set the max limit on what a person can take home

No the rates in my point are irrelevant. The top rate could be 20% for all I care. The point being is that it seems to me there should be rates at cutoffs Beyond $610,000.
Posted by Pandy Fackler
Member since Jun 2018
21114 posts
Posted on 3/28/25 at 3:13 pm to
So Trump and Biden both want the rich to "pay their fair share"?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
298305 posts
Posted on 3/28/25 at 3:13 pm to
quote:


So Trump and Biden both want the rich to "pay their fair share"?


Trump has some Bernie in him.
Posted by Pandy Fackler
Member since Jun 2018
21114 posts
Posted on 3/28/25 at 3:16 pm to
quote:

Trump has some Bernie in him.


He always has. Trump has the political bones of an old style populist southern democrat, like the Long brothers, Big Jim Folsom and George Wallace.
Posted by David_DJS
Member since Aug 2005
21963 posts
Posted on 3/28/25 at 3:17 pm to
quote:

So Trump and Biden both want the rich to "pay their fair share"?

This isn't new -

Recently-announced presidential candidate Donald Trump has considered running for the presidency before. One of his more memorable tax policy ideas came in 1999, when he proposed a one-time 14.25% wealth tax on those with a net worth of over $10 million. He said that the tax would raise over $5.7 trillion, wiping away the national debt.


Trump's Wealth Tax Proposal 1999
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16874 posts
Posted on 3/28/25 at 3:21 pm to
quote:

AXIOS


Posted by Figgy
CenCal
Member since May 2020
9804 posts
Posted on 3/28/25 at 3:21 pm to
quote:

Let's heckin go! Rational populism is the way


It’s a very slippery slope that you’re on.
Posted by Penrod
Member since Jan 2011
52635 posts
Posted on 3/28/25 at 3:33 pm to
And the switch continues. The Democrats used to be:

Tax the rich
Lower taxes on working class
Pro free speech
Anti-free trade
Pro Union
Food safety

All of these are now Republican issues, or turning in that direction.

As the lure of winning elections pulls them, Republicans will soon start pandering to union bosses. It’s all about winning elections, and populism will always yield another bribe for the common people.

Hopefully this doesn’t go too far in the next four years, and they stick to dismantling the Deep State, getting us out of wars, and cutting the budget. Then Vance can come to power and start formulating a real platform.
Posted by Robin Masters
Birmingham
Member since Jul 2010
35197 posts
Posted on 3/28/25 at 3:37 pm to
Dims start fire bombing IRS offices in 3, 2, 1…
Posted by TenWheelsForJesus
Member since Jan 2018
10463 posts
Posted on 3/28/25 at 5:01 pm to
It's always amazing how many people let themselves get worked up over anonymous sources from leftists rags like axios.

The bots just need any reason to bitch. They are played so easily by the democrats.
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