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Started By
Message
re: Warren’s Wealth Tax
Posted on 7/25/19 at 1:49 pm to boogiewoogie1978
Posted on 7/25/19 at 1:49 pm to boogiewoogie1978
quote:
Do you support a globalist economy?
Depends. Tell me what you think that means. You clearly don’t have a grasp on basic tax law...so my hopes aren’t high you will be able to articulate what you’re asking me. I’m listening.
1
Posted on 7/25/19 at 1:52 pm to BBONDS25
quote:
Depends
Like I said. Only when it fits your needs.
No need to get any more in depth about your globalist ideas. I have all the information I need.
Posted on 7/25/19 at 1:54 pm to boogiewoogie1978
quote:
ike I said. Only when it fits your needs.
No need to get any more in depth about your globalist ideas. I have all the information I need.
Welp, that was nice and intellectually lazy.
#notsurprised
Posted on 7/25/19 at 1:55 pm to boogiewoogie1978
quote:
Like I said. Only when it fits your needs.
What the hell are you talking about? I simply asked you to define what that means. I mean, is the economy global? Yes. Why would belief come into that at all? What I believe doesn’t change the fact that the economy is global. So your question seemed nonsensical to me. I asked you to articulate what you meant, and just as predicted, you are not able to. That is because you are a low information, low education useful idiot opining in a thread about taxes without even the slightest understanding of basic tax issues.
Posted on 7/25/19 at 1:59 pm to ShortyRob
quote:
Welp, that was nice and intellectually lazy.
#notsurprised
No need to engage when the foreshadowed outcome has presented itself.
#notsurprisedyou'reclueless
Posted on 7/25/19 at 2:00 pm to Janky
Measuring wealth would become an annual task whereby we would add up the value of all savings, plus real estate, and other items. Determing the value would be questionable for many things but savings would be fairly simple.
It would likely expand the IRS
It would likely expand the IRS
Posted on 7/25/19 at 2:01 pm to SlidellCajun
quote:
Measuring wealth would become an annual task whereby we would add up the value of all savings, plus real estate, and other items. Determing the value would be questionable for many things but savings would be fairly simple.
Why would you tax things multiple times?
This post was edited on 7/25/19 at 2:02 pm
Posted on 7/25/19 at 2:06 pm to BBONDS25
quote:
hat is because you are a low information, low education useful idiot opining in a thread about taxes without even the slightest understanding of basic tax issues.
I guess all those years at UChicago Dept of Econ was a waste.
Posted on 7/25/19 at 2:07 pm to boogiewoogie1978
As janitor?
Posted on 7/25/19 at 2:10 pm to Tchefuncte Tiger
“Nothing here about wealth. Income only. Try again, Liawatha.”
Totally agree. Warren is beating the drum to gather those that hate capitalism and believe somehow that this tax is somehow constitutional.
It would require a major fight to change our constitution.
Fwiw, it’s been done all over europe
Totally agree. Warren is beating the drum to gather those that hate capitalism and believe somehow that this tax is somehow constitutional.
It would require a major fight to change our constitution.
Fwiw, it’s been done all over europe
Posted on 7/25/19 at 2:10 pm to SlidellCajun
I take all of your points BUT what are these wealthy people going to do when the US turns tits up?
I know y'all love the idea of business analogies. The US is like a business. We own a pile of shite, we owe a pile of money and we earn a pile of money. We each own a certain amount of the nations wealth....most of us own very little. About 10% own almost everything....so they own a controlling share of the business known as the US. They also owe the majority of the businesses debt...they own most of the business so they also owe most of its debt....that's the way shite works, by the way....because owning shite brings a lot of responsibility. If I have $100 in the world and the dollar loses all of its value I have lost $100. If I own a $billion and it happens I have lost a billion $...that is a lot of money and with it comes a lot of responsibility. If they don't want that responsibility give it away....
I know y'all love the idea of business analogies. The US is like a business. We own a pile of shite, we owe a pile of money and we earn a pile of money. We each own a certain amount of the nations wealth....most of us own very little. About 10% own almost everything....so they own a controlling share of the business known as the US. They also owe the majority of the businesses debt...they own most of the business so they also owe most of its debt....that's the way shite works, by the way....because owning shite brings a lot of responsibility. If I have $100 in the world and the dollar loses all of its value I have lost $100. If I own a $billion and it happens I have lost a billion $...that is a lot of money and with it comes a lot of responsibility. If they don't want that responsibility give it away....
Posted on 7/25/19 at 2:13 pm to SlidellCajun
Wonder if that wealth tax would apply to just individuals or corporations as well
either way, its fricked up that all Dems want to do is steal money from people to pay for their ideas instead of reallocating funds from previous failed ideas....
either way, its fricked up that all Dems want to do is steal money from people to pay for their ideas instead of reallocating funds from previous failed ideas....
Posted on 7/25/19 at 2:13 pm to GoCrazyAuburn
i think the rationale is that they could create a tax revenue stream large enough to pay for her college debt bailout, global warming and free housing. Nevermind that it’s unfair to tax something multiple times. They don’t care about that.
“Tax the rich because they’re rich... and we’re not”
“Tax the rich because they’re rich... and we’re not”
Posted on 7/25/19 at 2:15 pm to OleWarSkuleAlum
quote:
$50M at 2% and $1B at 3% seems pretty reasonable for a policy such as this
So was every single tax that started since the beginning of time.
Never ever stays that way!
Posted on 7/25/19 at 2:17 pm to OleWarSkuleAlum
quote:
Yes when they are purposefully hiding from income and other taxes.
This is retarded.
You want to tax wealth because you can't accurately tax income?
This might be one of the dumbest arguments I've ever heard.
Posted on 7/25/19 at 2:17 pm to boogiewoogie1978
quote:
I guess all those years at UChicago Dept of Econ was a waste.
Sure didn’t help your tax acumen. Or your ability to articulate the nonsensical stuff you spew. I’ll ask a third time. Define “globalist economy”.
This post was edited on 7/25/19 at 2:18 pm
Posted on 7/25/19 at 2:19 pm to germandawg
quote:
know y'all love the idea of business analogies. The US is like a business. We own a pile of shite, we owe a pile of money and we earn a pile of money. We each own a certain amount of the nations wealth....most of us own very little. About 10% own almost everything....so they own a controlling share of the business known as the US. They also owe the majority of the businesses debt...they own most of the business so they also owe most of its debt....that's the way shite works, by the way....because owning shite brings a lot of responsibility. If I have $100 in the world and the dollar loses all of its value I have lost $100. If I own a $billion and it happens I have lost a billion $...that is a lot of money and with it comes a lot of responsibility. If they don't want that responsibility give it away....
Clearly you aren’t aware how capital accounts work. This is one of the best self-owns I have ever read.
This post was edited on 7/25/19 at 2:20 pm
Posted on 7/25/19 at 2:20 pm to SlidellCajun
Sell all your assets to a business you control and rent everything to yourself for $1/month.
Posted on 7/25/19 at 2:23 pm to boogiewoogie1978
quote:it already has been. It was invested in American jobs, American real estate, technology. Now You want the investment and the return.
mean if we're going to go with "America First" then shouldn't money be invested in the US?
Which is why it is offshore or tied up. To keep the grubby hands off of it
Posted on 7/25/19 at 2:23 pm to BBONDS25
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