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Most own stocks as part of a retirement plan. It gets taxed as incomeHalf of all American households own stocks and/or bonds and capital gain tax is applied to more than just the sale of them including real estate, coins, and art. As always you know only what you are spoon-fed by EatTheRich.com.Anyone who has stocks and dividends will be hit when "capital gains" is taxed as regular income.
That nails most retirees, unless its in a 401k or IRA.
Cry me a river
Those 401ks are taxed like income. Just like capital gains should be. Very few Americans have substantial savings in stocks
Ending Trumps tax cuts IS A TAX INCREASE ON EVERYONE.Everyone benefit from other people taxes.
They are not going to raise taxes on less than 400,000 , I think that is too much.
There is a serious lack of common sense among you lefties
Next you must learn that our economy doesn't grow through taxation and you'll be on the road to recovery.
That's fine. But, when people start calling them "unpaid tax cuts" that's when I want to spray the wall with their fucking brains.Here's a crazy idea: No tax cuts without first cutting spending. We always hear the GOP crow about cutting spending, don't we?
Tax cuts for the ACA would affect the wealthy.
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Killing The NIIT
Most tax cuts would come by killing the NIIT, which applies to income from capital gains, dividends, royalties, and some annuities. High-income households receive an outsized share of investment income.
The TPC's distributional analysis excludes premium subsidies, which technically are designed as tax credits but largely function as spending. These subsidies primarily benefit low- and moderate-income households who purchase insurance through the ACA’s marketplaces. Of course, by overturning the law, the Supreme Court not only would end the premium credits, it also would eliminate the health insurance the subsidies support.
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By Overturning the ACA, The Supreme Court Would Cut Taxes Substantially For High-Income Households
Last week, President Trump said the Administration will urge the US Supreme Court to overturn the entire 2010 Affordable Care Act. While the High Court...www.taxpolicycenter.org
Define "rich". It is a very relative term.
Individuals making over 125,000 or married couple making over 250,000.
Give that some thought, Penny! Do you REALLY think those wealthy donors that are giving millions to Joe Biden are worried about him raising their taxes? The reason that they're supporting Biden is that they KNOW he's buyable! They'll all get exemptions. It's the way the game is played. So when the progressives see a revenue shortage they'll do what they always do...start taxing Middle Class people that can't hide their incomes! You know I'm right...it's happened over and over again!This post will come back to haunt you, Penny! The fact is...if Biden gives out HALF of what he is promising people with his campaign ads...taxes will have to be raised on the Middle Class! Anyone who thinks they won't be is living in fantasy land!Everyone benefit from other people taxes.
They are not going to raise taxes on less than 400,000 , I think that is too much.
He has many wealthy donors. My only worry is he will probably pardon tramp.
You are painfully naive, Penny! You actually think Joe Biden is Robin Hood! He's not...he's the Sheriff of Nottingham and his tax collectors WILL come visiting!You have the right to form your own opinions ... not your own facts.Wow ... just WOW!!Everyone benefit from other people taxes.
They are not going to raise taxes on less than 400,000 , I think that is too much.
I occasionally wonder who is still dim enough to believe we can tax our way to prosperity. No Pene ... gov't produces nothing and is almost always the least efficient and least effective way to run an economy.
Here's a clue: printing money is not productivity.
Just ask Venezuelan President-For-Life Nicolas Maduro:
Venezuela's president admits economy has failed
Under-fire Venezuela President Nicolas Maduro admitted his economic model has "failed" in the wake of food and medicine shortages and public service paralysis, such as Tuesday's power failure that affected 80 percent of Caracas. "The production models we've tried so far have failed and the...news.yahoo.com
Did Nicolas Maduro print money. We, the US prints money!!
You are so worried about the national debt raise everyone taxes and the rich people too.
----------------------------------------------------
Maduro, who blames Venezuela's woes on an "economic war" waged by the United States, called on PSUV supporters to help kick-start production and resist US "aggression."
Washington has imposed financial sanctions against Maduro and top government officials, as well as the state-owned oil company PDVSA. Venezuela's crude oil sales account for some 96 percent of the country's revenue.
Industry is operating at just 30 percent, perhaps best reflected by the farming sector which supplies barely a quarter of national consumption having provided 75 percent a few years ago, the National Farmers Federation said.
Sanctions are war.
Venezuela confiscated private property to pay for socialism - bringing the wrath of the victims down on their heads - and when that "free" money ran out, the economic collapse was inevitable.
Shockingly, the Venezuelan President admitted that socialism had ruined his country. He blamed the Socialists United Party for the failed state of the nation. Their economy is a complete wreck.
Socialism wrecks countries, bringing disaster and misery to the citizens and big, greasy, corrupt central gov't control would do the same here.
Well that what Joe Biden plan is, take from the rich and give to the poor, thats is what any good country can do, BY:
making the rich pay their fair share.
When a demofk screams I’m not going to raise your taxes, that’s precisely what they’re going to do....Unless you are rich or a corporation!! Of course, both usually have the ability to simply pass their tax hit along by raising their prices meaning even if Biden could limit his tax increases to the large and wealthy it's the consumer - we lesser people - who would be paying.
And given new Dem spending plans he would need all working Americans to contribute through higher local, state, and federal taxes. Higher taxes, higher prices, and the job losses that accompany a contracting economy.
Yes Scarlett ... there's still is no such thing as free stuff - only stuff paid for by the fruit of other's labor - but 10s of millions of Americans will vote for it (again) with predictably crushing results. Y'all just never learn.
View attachment 399606
Sure we can. We can afford it just as much as we can for the poor.Biden is a liar. He will raise taxes on us all
Obama did the same thing with the Bush tax cuts. He kept the cuts for lower incomes and eliminated for the rich.
With a $2 trillion deficit, we can’t afford such generosity for the rich
Sure we can. We can afford it just as much as we can for the poor.Biden is a liar. He will raise taxes on us all
Obama did the same thing with the Bush tax cuts. He kept the cuts for lower incomes and eliminated for the rich.
With a $2 trillion deficit, we can’t afford such generosity for the rich
Sure we can. We can afford it just as much as we can for the poor.Biden is a liar. He will raise taxes on us all
Obama did the same thing with the Bush tax cuts. He kept the cuts for lower incomes and eliminated for the rich.
With a $2 trillion deficit, we can’t afford such generosity for the rich
You were never really good at math were you?
They are unpaid tax cuts.That's fine. But, when people start calling them "unpaid tax cuts" that's when I want to spray the wall with their fucking brains.Here's a crazy idea: No tax cuts without first cutting spending. We always hear the GOP crow about cutting spending, don't we?
NOT YOUR FUCKING MONEY!!!!
Cut spending by 50% across the board. Then, you can take a look at taxes.
We can afford to cut government spending massively, back to the levels when America was great.
You conveniently ignored real estate, Coward. Lots of Americans sell their houses and sooner or later pay cap gains. The bottom line remains untouched ... higher taxes are not the path to American prosperity and you can wiggle and squirm all you want, Comrade Winger, but you can't change that fact.Most own stocks as part of a retirement plan. It gets taxed as incomeHalf of all American households own stocks and/or bonds and capital gain tax is applied to more than just the sale of them including real estate, coins, and art. As always you know only what you are spoon-fed by EatTheRich.com.Anyone who has stocks and dividends will be hit when "capital gains" is taxed as regular income.
That nails most retirees, unless its in a 401k or IRA.
Cry me a river
Those 401ks are taxed like income. Just like capital gains should be. Very few Americans have substantial savings in stocks
Yes, I’m sure so many working Americans have an extensive coin or art collection. If they do, they have probably lost money on it.
We can afford to cut government spending massively, back to the levels when America was great.
Give me the time you are talking about and we can discuss how great we were
Pene doesn't think at all - she "feels" - and she's convinced herself that only her feelings matter ... screw everyone else.You are painfully naive, Penny! You actually think Joe Biden is Robin Hood! He's not...he's the Sheriff of Nottingham and his tax collectors WILL come visiting!You have the right to form your own opinions ... not your own facts.Wow ... just WOW!!Everyone benefit from other people taxes.
They are not going to raise taxes on less than 400,000 , I think that is too much.
I occasionally wonder who is still dim enough to believe we can tax our way to prosperity. No Pene ... gov't produces nothing and is almost always the least efficient and least effective way to run an economy.
Here's a clue: printing money is not productivity.
Just ask Venezuelan President-For-Life Nicolas Maduro:
Venezuela's president admits economy has failed
Under-fire Venezuela President Nicolas Maduro admitted his economic model has "failed" in the wake of food and medicine shortages and public service paralysis, such as Tuesday's power failure that affected 80 percent of Caracas. "The production models we've tried so far have failed and the...
Did Nicolas Maduro print money. We, the US prints money!!
You are so worried about the national debt raise everyone taxes and the rich people too.
----------------------------------------------------
Maduro, who blames Venezuela's woes on an "economic war" waged by the United States, called on PSUV supporters to help kick-start production and resist US "aggression."
Washington has imposed financial sanctions against Maduro and top government officials, as well as the state-owned oil company PDVSA. Venezuela's crude oil sales account for some 96 percent of the country's revenue.
Industry is operating at just 30 percent, perhaps best reflected by the farming sector which supplies barely a quarter of national consumption having provided 75 percent a few years ago, the National Farmers Federation said.
Sanctions are war.
Venezuela confiscated private property to pay for socialism - bringing the wrath of the victims down on their heads - and when that "free" money ran out, the economic collapse was inevitable.
Shockingly, the Venezuelan President admitted that socialism had ruined his country. He blamed the Socialists United Party for the failed state of the nation. Their economy is a complete wreck.
Socialism wrecks countries, bringing disaster and misery to the citizens and big, greasy, corrupt central gov't control would do the same here.
Well that what Joe Biden plan is, take from the rich and give to the poor, thats is what any good country can do, BY:
making the rich pay their fair share.
Actually, he was in government for almost 50 years, did he ever once ok tax relief for middle class folks? No. To believe him is to admit stupidityYou are painfully naive, Penny! You actually think Joe Biden is Robin Hood! He's not...he's the Sheriff of Nottingham and his tax collectors WILL come visiting
You conveniently ignored real estate, Coward. Lots of Americans sell their houses and sooner or later pay cap gains. The bottom line remains untouched ... higher taxes are not the path to American prosperity and you can wiggle and squirm all you want, Comrade Winger, but you can't change that fact.Most own stocks as part of a retirement plan. It gets taxed as incomeHalf of all American households own stocks and/or bonds and capital gain tax is applied to more than just the sale of them including real estate, coins, and art. As always you know only what you are spoon-fed by EatTheRich.com.Anyone who has stocks and dividends will be hit when "capital gains" is taxed as regular income.
That nails most retirees, unless its in a 401k or IRA.
Cry me a river
Those 401ks are taxed like income. Just like capital gains should be. Very few Americans have substantial savings in stocks
Yes, I’m sure so many working Americans have an extensive coin or art collection. If they do, they have probably lost money on it.
Of course he did.Actually, he was in government for almost 50 years, did he ever once ok tax relief for middle class folks? No. To believe him is to admit stupidityYou are painfully naive, Penny! You actually think Joe Biden is Robin Hood! He's not...he's the Sheriff of Nottingham and his tax collectors WILL come visiting
Great. Have your candidates run on that. Once they've won, once they've made the cuts, THEN we look at tax rates.Cut spending by 50% across the board. Then, you can take a look at taxes.
