New study tells us what we already knew

[Andylusion]

Socialite Socialists

Economic democracy is the third way. State Capitalism and Private-Sector Statism are the same absentee ownership. The Prince Charmings have offered us peasants nothing but palace revolutions, pitting the Left-handed prince against the Right-handed prince.

And yet we live lives of luxury that 99% of the world can only dream of.

 

[Andylusion]

We're Divided by Birth-Class. Other Terms Are Designed to Hide the Truth.

I'm not divided by birth class.
If you are, that's a you problem.

 

[Andylusion]

Birth Privileges Are the Death of a Nation

Why should you care? You won't have to pay any taxes while you're alive, and in your afterlife you won't need any money. Without taxes, there is no government and without government, there is anarchy.

America was built by those escaping the tyranny and exclusion of European heiristocracy. We never should have gone down the road back to that, literally the road to serfdom.

No, that's nonsense.

 

[Crepitus]

What Frauds Refuse to Mention Reveals What They Really Stand For

By focusing on those who earned their wealth, your Preppy Progressive party is intentionally ignoring the nation-destroying privilege of inheritance. There's no reason to tax the living on their own at all; tax those living off Daddy's Money.

It's an idea, for sure.

 

[Dadoalex]

And current Walton's also pay income tax on their income from their stocks. That includes FICA.

Your continued display ignorance of the tax codes is certainly hilarious.

 

[Dadoalex]

Where in the prior post did I say Medicare?

Look up sparkless.

 

[Andylusion]

Your continued display ignorance of the tax codes is certainly hilarious.
View attachment 936989

You have the right to be wrong.

 

[Dadoalex]

You have the right to be wrong.

I do.
And you have the right to be stupid.
And I applaud your exercising your rights.

Walton's paying MEDICARE taxes...BWAHAHAHAHAHAHAHAHAHA

 

[Andylusion]

I do.
And you have the right to be stupid.
And I applaud your exercising your rights.

Walton's paying MEDICARE taxes...BWAHAHAHAHAHAHAHAHAHA

I never said that. You have the right to be a liar too. But that just makes you the liar.

 

[Dadoalex]

I never said that. You have the right to be a liar too. But that just makes you the liar.

You did say that but you're just not bright enough to understand what you're saying.

 

[Andylusion]

You did say that but you're just not bright enough to understand what you're saying.
View attachment 937078

So let's go back to the data, in this case my own post.....

Nothing you posted, changes anything I said.

Sam Walton ran the store, and made an income off that store. For which, he paid income taxes, including Social Security.

How do you think business owners earn a living when they buy a business? They are an employee of the company, and earn a pay check as CEO, which they pay taxes on.

Your comments are getting goofy, sir.

I said Sam Walton made an income off running the store, which he paid income taxes including Social Security.

Page 9, post 177.

So are you a liar now? Tell me, so I know how to treat all comment by you going forward. Liars are not to be respected.

 

[Dadoalex]

So let's go back to the data, in this case my own post.....


I said Sam Walton made an income off running the store, which he paid income taxes including Social Security.

Page 9, post 177.

So are you a liar now? Tell me, so I know how to treat all comment by you going forward. Liars are not to be respected.

You don't pay social security on investment income and Sam Walton never worked for a salary in a WalMart.

Which makes you still a complete ignoramus.

 

[Andylusion]

You don't pay social security on investment income and Sam Walton never worked for a salary in a WalMart.

Which makes you still a complete ignoramus.

You are just wrong. I'm sorry, but you are just flat out wrong sir. You don't know what you are talking about at all. Obviously you have never run a business.

At this point, you have kind of identified yourself as a blithering idiot. Sam Walton had a salary of about $9 Million a year as CEO of Walmart, when he stepped down in 1988.

 

[Toddsterpatriot]

You don't pay social security on investment income and Sam Walton never worked for a salary in a WalMart.

Which makes you still a complete ignoramus.

Sam Walton never worked for a salary in a WalMart.

Link?

 

[skye]

That's a fact!

 

[HikerGuy83]

Why are we still discussing this debunked dumbass study ?

 

[bdtex]

50 years of tax cuts for the rich failed to trickle down, economics study says​

Turns out that only 1 group benefits from tax cuts for the rich.

If you guessed "the rich", you are correct.

Not just in the US, the study includes 18 different countries.

And in every one all it did was make the rich richer, expanding the inequality.


"Per capita gross domestic product and unemployment rates were nearly identical after five years in countries that slashed taxes on the rich and in those that didn't, the study found.

But the analysis discovered one major change: The incomes of the rich grew much faster in countries where tax rates were lowered. Instead of trickling down to the middle class, tax cuts for the rich may not accomplish much more than help the rich keep more of their riches and exacerbate income inequality, the research indicates."


And the republicans wanna do it again, of course.

View attachment 935832

The Bush tax cut and the folks hit the hardest by the Bush recession is a prime example of the trickle-down fallacy.