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re: What would you do if Bernie won and, as he said, taxed you at 52%?

Posted on 2/23/20 at 8:19 am to
Posted by CDawson
Louisiana
Member since Dec 2017
19267 posts
Posted on 2/23/20 at 8:19 am to
Quit working, close shop and end the employment of a bunch of people.
This post was edited on 2/23/20 at 8:20 am
Posted by Mrtommorrow1987
Twilight Zone
Member since Feb 2008
13453 posts
Posted on 2/23/20 at 8:20 am to
quote:

d keep doing what I do now. Stockpile gold and silver. And pray he dies of a heart attack.


Is it buried in your backyard?
Posted by Disgeaux Bob
North Carolina
Member since Sep 2016
2833 posts
Posted on 2/23/20 at 8:24 am to
As someone who is self-employed I would begin to get extremely creative with my taxes.
Posted by Gus007
TN
Member since Jul 2018
14109 posts
Posted on 2/23/20 at 8:26 am to
quote:

Unfortunately I don't make $10 million a year so I wouldn't fall under his 52% tax bracket.




What do you believe Bernie will use his 52% of 10 million.
Will he build himself more mansions, buy more airplanes for him and his friends, or improve the infrastructure?
Can you name anything Bernie has done to help others?
Posted by 2Yutes
BR
Member since Oct 2018
2423 posts
Posted on 2/23/20 at 8:28 am to
quote:

No one has to be respectful of this loon.


It’s not so much him that’s concerning. It’s his followers that are brainwashed to believe his warped message...lazy next generation.
Posted by Kraut Dawg
Member since Sep 2012
4720 posts
Posted on 2/23/20 at 8:50 am to
(no message)
This post was edited on 1/9/21 at 11:04 am
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
23054 posts
Posted on 2/23/20 at 8:54 am to

I'd find a way to greatly decrease my reported AGI.

Elected officials in this country will always give themselves a way to avoid heavy taxation, because Marxism is for you, not them. Watch what they do and follow suit.

This post was edited on 2/23/20 at 8:56 am
Posted by TIGERBAIT84
Member since May 2007
1958 posts
Posted on 2/23/20 at 9:07 am to
Do some work as a 1099 contracted salesman and figure it out from there.
Posted by jlc05
Member since Nov 2005
33376 posts
Posted on 2/23/20 at 9:14 am to
quote:

over what income number would be taxed at that 50% rate? its over 2 million and under 10 million. and the income below 2 million is at 45, 40, et cetera on down to your 32 or 25.

Lol

50% will hit those making $250K. How else will he pay for giving away all the free stuff he has promised but has never clearly explained funding
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 2/23/20 at 9:51 am to
I'd probably keep working and doing things similarly. It would suck, hurt, and I would disagree with 90%+ of it, but it's not worth throwing away my future for.
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 2/23/20 at 9:52 am to
quote:

for most people, not paying for blue cross or college debt makes up nicely for a couple percent higher tax at their actual bracket levels.



Except, you know, all the people who paid off their college debt and currently have great health care plans.
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 2/23/20 at 10:22 am to
(no message)
This post was edited on 2/24/20 at 7:53 am
Posted by whatiknowsofar
hm?
Member since Nov 2010
25867 posts
Posted on 2/23/20 at 10:51 am to
quote:

What would you do if Bernie won and, as he said, taxed you at 52%?


You are fake news. He's not taxing every american 52% you dumb twat.

maybe research something before taking an image on social media as fact dumbass.

I've never seen such a groundswell of morons convene on a board like I have the poli board. Full of trump nutjobs. Yikes.
This post was edited on 2/23/20 at 10:52 am
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 2/23/20 at 11:00 am to
quote:

'd do what workers in every socialist/communist country have done in every instance that mindset has taken over... Work less.


Or start looking into opportunities for making money in the “black markets” that always arise in every instance where socialism has taken over.
Posted by whatiknowsofar
hm?
Member since Nov 2010
25867 posts
Posted on 2/23/20 at 11:03 am to
quote:

Or start looking into opportunities for making money in the “black markets” that always arise in every instance where socialism has taken over.


This is so stupid and unprovable I dont even know where to begin.

How's Canadas black market doing?
Posted by whatiknowsofar
hm?
Member since Nov 2010
25867 posts
Posted on 2/23/20 at 11:04 am to
quote:

My wife and I combined make about 200K a year. Around 50K of that is overtime. If we started getting taxed at 52%


You literally won't. Dont believe the fake news trumpers try to prop up on this board.
Posted by beerJeep
Louisiana
Member since Nov 2016
37708 posts
Posted on 2/23/20 at 11:05 am to
quote:

How's Canadas black market doing?


Canada’s black market is America.

Why do Canadians come to America for healthcare if they have the means?
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8577 posts
Posted on 2/23/20 at 11:13 am to
quote:

quote:
My wife and I combined make about 200K a year. Around 50K of that is overtime. If we started getting taxed at 52%


You literally won't. Dont believe the fake news trumpers try to prop up on this board.


Eh, while that Facebook meme was made up, it’s pretty much impossible to get everything Sanders is proposing unless you have effective rates in the 45 - 55% range for the vast majority of households. It’s how the Nordics do it - very high and not very progressive tax brackets. There’s not enough wealth and income at the highest levels to fund everything.
Posted by jlc05
Member since Nov 2005
33376 posts
Posted on 2/23/20 at 11:18 am to
quote:

Eh, while that Facebook meme was made up, it’s pretty much impossible to get everything Sanders is proposing unless you have effective rates in the 45 - 55% range for the vast majority of households. It’s how the Nordics do it - very high and not very progressive tax brackets. There’s not enough wealth and income at the highest levels to fund everything.

Exactly. Effective combined state/fed total tax rates will be in the 70% range even for those making around $250K. Goodbye small businesses and hello 15% unemployment and increased inflation

In the link the clueless Bernie cumguzzler posted, fed tax rate to pay for health care will be 40% between $250 and 500K. But we know that will increase after implementation to at least 50%. And Bernie then wants to confiscate more wealth to give away more free stuff.
This post was edited on 2/23/20 at 11:24 am
Posted by whatiknowsofar
hm?
Member since Nov 2010
25867 posts
Posted on 2/23/20 at 11:19 am to
quote:

Why do Canadians come to America for healthcare if they have the means?


To see a better specialist that canada may not have dumbass. Dont even fricking try this dumb shite. Rand Paul, who hates the concept of universal healthcare, got hernia surgery in canada last year because it was cheaper.
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