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So voting for big spending Democrats is the way to lower the deficit?You've laid down a number of posts in this thread implying it...haven't you?
Look dude, your sneaky ambiguous bullshit is played out here...we totally get you.
Once again your reading comprehension fails you...did you graduate high school?
I was calling for the taxes on everyone to be raised, not just Americas most productive citizens. Hell, I am even talking about low lifes like you. Since nobody will cut spending or support a candidate that will...we need to start paying for what we spend.
We cannot put 1/4 of our spending on our credit card every year, sooner or later the piper will come calling.
No, the govt needs to do without. Taxes should be lowered on everyone. Screw our filthy govt. You sound like the good liberal once again, gator. Lol.
But the government does not do without, they just keep putting more and more on the credit card because of people like you.
There is no liberal suggesting what I am...none of them are against deficit spending.
Talk to Edward37. He claims to be worth $8 million.Explain to us how you propose we raise taxes on a middle class that can't save a penny now...on a lower class already living in squalor?
"Hell, I am even talking about low lifes like you."
That's some funny shit considering I'll pay more for one college tuition this year than you'll earn in the same period....haha
Hell, I'm quite confident that I pay more in property taxes per annum than you'll earn in the next several years....hahaha
Keep it up though...your stories are fun to read.
You keep making these claims, but they are bullshit. You do not have 50 million dollars worth of property, you are just full of shit. The more your talk the less I think you own anything at all.
So voting for big spending Democrats is the way to lower the deficit?You've laid down a number of posts in this thread implying it...haven't you?
Look dude, your sneaky ambiguous bullshit is played out here...we totally get you.
Once again your reading comprehension fails you...did you graduate high school?
I was calling for the taxes on everyone to be raised, not just Americas most productive citizens. Hell, I am even talking about low lifes like you. Since nobody will cut spending or support a candidate that will...we need to start paying for what we spend.
We cannot put 1/4 of our spending on our credit card every year, sooner or later the piper will come calling.
No, the govt needs to do without. Taxes should be lowered on everyone. Screw our filthy govt. You sound like the good liberal once again, gator. Lol.
But the government does not do without, they just keep putting more and more on the credit card because of people like you.
There is no liberal suggesting what I am...none of them are against deficit spending.
What was the effective tax rate in 1960?WASHINGTON/NEW YORK (Reuters) - The idea of imposing a wealth tax on the richest Americans has elicited sharply divergent views across a spectrum of politicians, with President Donald Trump branding it socialist and progressive Democratic presidential contenders Senators Elizabeth Warren and Bernie Sanders prominently endorsing it.
snip
Among the 4,441 respondents to the poll, 64% strongly or somewhat agreed that “the very rich should contribute an extra share of their total wealth each year to support public programs” - the essence of a wealth tax. Results were similar across gender, race and household income. While support among Democrats was stronger, at 77%, a majority of Republicans, 53%, also agreed with the idea.
Majority of Americans favor wealth tax on very rich: Reuters/Ipsos poll
If this is true, then the experiment called the United States of America as we know it is done....
Good grief. We have had an income tax which has always increased the tax in gradations for income earned.
2019-2020 Tax Brackets | Bankrate
The highest tax in 1960 was 91% of earned income $400,000 and above. The tax in 2020's highest earners income is 37% for all dollars of $500,301. Look at the historical details of the Tax Fraud signed by trump and who benefits.
What is $400,000 in today's dollars?
Your slight of hand didn't work.
You claim to be a libertarian but you want everyone to pay more taxes? Nothing you have ever posted is more incriminating than that. You're obviously no libertarian.
When we need to do is vote in politicians who will do what the voters want, not the big government scumbags you support.
Talk to Edward37. He claims to be worth $8 million.Explain to us how you propose we raise taxes on a middle class that can't save a penny now...on a lower class already living in squalor?
"Hell, I am even talking about low lifes like you."
That's some funny shit considering I'll pay more for one college tuition this year than you'll earn in the same period....haha
Hell, I'm quite confident that I pay more in property taxes per annum than you'll earn in the next several years....hahaha
Keep it up though...your stories are fun to read.
You keep making these claims, but they are bullshit. You do not have 50 million dollars worth of property, you are just full of shit. The more your talk the less I think you own anything at all.
You vote for fake libertarians like Gary Johnson.So voting for big spending Democrats is the way to lower the deficit?You've laid down a number of posts in this thread implying it...haven't you?
Look dude, your sneaky ambiguous bullshit is played out here...we totally get you.
Once again your reading comprehension fails you...did you graduate high school?
I was calling for the taxes on everyone to be raised, not just Americas most productive citizens. Hell, I am even talking about low lifes like you. Since nobody will cut spending or support a candidate that will...we need to start paying for what we spend.
We cannot put 1/4 of our spending on our credit card every year, sooner or later the piper will come calling.
No, the govt needs to do without. Taxes should be lowered on everyone. Screw our filthy govt. You sound like the good liberal once again, gator. Lol.
But the government does not do without, they just keep putting more and more on the credit card because of people like you.
There is no liberal suggesting what I am...none of them are against deficit spending.
Nope, which is why I do not vote for them.
But voting for big spending Repubs is not the way to lower the deficit either.
Thus lies the problem, both major parties are big spending and you people will not vote for anyone else.
Explain to us how you propose we raise taxes on a middle class that can't save a penny now...on a lower class already living in squalor?
"Hell, I am even talking about low lifes like you."
That's some funny shit considering I'll pay more for one college tuition this year than you'll earn in the same period....haha
Hell, I'm quite confident that I pay more in property taxes per annum than you'll earn in the next several years....hahaha
Keep it up though...your stories are fun to read.
You keep making these claims, but they are bullshit. You do not have 50 million dollars worth of property, you are just full of shit. The more your talk the less I think you own anything at all.
You vote for fake libertarians like Gary Johnson.
We have no choice but to vote for one of the two major parties. The only way to get rid of the big spenders is through the primary process.
You obviously have no problem with however much the government spends. You want no controls at all. You just want the victims to meekly line up and take their punishment.
Explain to us how you propose we raise taxes on a middle class that can't save a penny now...on a lower class already living in squalor?
"Hell, I am even talking about low lifes like you."
That's some funny shit considering I'll pay more for one college tuition this year than you'll earn in the same period....haha
Hell, I'm quite confident that I pay more in property taxes per annum than you'll earn in the next several years....hahaha
Keep it up though...your stories are fun to read.
You keep making these claims, but they are bullshit. You do not have 50 million dollars worth of property, you are just full of shit. The more your talk the less I think you own anything at all.
I'm good with you wanting to believe that everybody is a lowlife like you if it makes you feel better about your lack of accomplishment....but I'll continue to call you out on your bullshit.
At the end of the day I can't give two fucks about what you choose to believe about me.
Ummm...go back. You did. You said you wanted to see at least 1%. How about now?But I told you after the China news came out the markets would flourish. You said no.
I said no such thing, this was the obvious reaction to an agreement...the problem lies in that so far the agreement is nothing more than a reset to two years ago...thus we had two years of wasted growth for no reason.
You vote for fake libertarians like Gary Johnson.
We have no choice but to vote for one of the two major parties. The only way to get rid of the big spenders is through the primary process.
You obviously have no problem with however much the government spends. You want no controls at all. You just want the victims to meekly line up and take their punishment.
I have given my plan to cut spending 1000 times on this forum.
The problem is there are too many people like you that will keep voting for the Repubs no matter how much they spend and how much they add to the debt.
Until people like you quit doing that, I think we should pay for what we spend.
Ummm...go back. You did. You said you wanted to see at least 1%. How about now?But I told you after the China news came out the markets would flourish. You said no.
I said no such thing, this was the obvious reaction to an agreement...the problem lies in that so far the agreement is nothing more than a reset to two years ago...thus we had two years of wasted growth for no reason.
What all you inequality warriors fail to comprehend is that when we had the 90% tax rate, no one ever paid it. The wealthy plowed all their money into tax avoidance schemes and paid a much lower rate.What was the effective tax rate in 1960?WASHINGTON/NEW YORK (Reuters) - The idea of imposing a wealth tax on the richest Americans has elicited sharply divergent views across a spectrum of politicians, with President Donald Trump branding it socialist and progressive Democratic presidential contenders Senators Elizabeth Warren and Bernie Sanders prominently endorsing it.
snip
Among the 4,441 respondents to the poll, 64% strongly or somewhat agreed that “the very rich should contribute an extra share of their total wealth each year to support public programs” - the essence of a wealth tax. Results were similar across gender, race and household income. While support among Democrats was stronger, at 77%, a majority of Republicans, 53%, also agreed with the idea.
Majority of Americans favor wealth tax on very rich: Reuters/Ipsos poll
If this is true, then the experiment called the United States of America as we know it is done....
Good grief. We have had an income tax which has always increased the tax in gradations for income earned.
2019-2020 Tax Brackets | Bankrate
The highest tax in 1960 was 91% of earned income $400,000 and above. The tax in 2020's highest earners income is 37% for all dollars of $500,301. Look at the historical details of the Tax Fraud signed by trump and who benefits.
What is $400,000 in today's dollars?
Your slight of hand didn't work.
What matters are the percentages, which have changed to the betterment of those with higher earned incomes greater than any in the lower tax brackets. You question matters not, but if you want an answer look it up. Here is a link to 1965:
Calculate the value of $400,000 in 1965. How much is it worth today?
Do you know that the higher percentage applies only to the amount above X?
2019-2020 federal income tax brackets
LIBBY WELLS@EAWELLS77
JANUARY 6, 2020 in TAXES
Advertiser Disclosure
At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here’s an explanation for how we make money.
There are seven tax brackets for most ordinary income: 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37 percent. The U.S. has a progressive tax system, which means that as you move up the pay scale, you also move up the tax scale.
You vote for fake libertarians like Gary Johnson.
We have no choice but to vote for one of the two major parties. The only way to get rid of the big spenders is through the primary process.
You obviously have no problem with however much the government spends. You want no controls at all. You just want the victims to meekly line up and take their punishment.
I have given my plan to cut spending 1000 times on this forum.
The problem is there are too many people like you that will keep voting for the Repubs no matter how much they spend and how much they add to the debt.
Until people like you quit doing that, I think we should pay for what we spend.
Yep, Gator says that increased tax revenue will equate to a balance in spending so it's true.
Explain to us how you propose we raise taxes on a middle class that can't save a penny now...on a lower class already living in squalor?
"Hell, I am even talking about low lifes like you."
That's some funny shit considering I'll pay more for one college tuition this year than you'll earn in the same period....haha
Hell, I'm quite confident that I pay more in property taxes per annum than you'll earn in the next several years....hahaha
Keep it up though...your stories are fun to read.
You keep making these claims, but they are bullshit. You do not have 50 million dollars worth of property, you are just full of shit. The more your talk the less I think you own anything at all.
I'm good with you wanting to believe that everybody is a lowlife like you if it makes you feel better about your lack of accomplishment....but I'll continue to call you out on your bullshit.
At the end of the day I can't give two fucks about what you choose to believe about me.
Come on now, you know you do not have 50 million dollars worth of property, and so does everyone else here. Quit trying so hard.
When have tax increases ever lowered the deficit?You vote for fake libertarians like Gary Johnson.
We have no choice but to vote for one of the two major parties. The only way to get rid of the big spenders is through the primary process.
You obviously have no problem with however much the government spends. You want no controls at all. You just want the victims to meekly line up and take their punishment.
I have given my plan to cut spending 1000 times on this forum.
The problem is there are too many people like you that will keep voting for the Repubs no matter how much they spend and how much they add to the debt.
Until people like you quit doing that, I think we should pay for what we spend.
Yep, Gator says that increased tax revenue will equate to a balance in spending so it's true.
What all you inequality warriors fail to comprehend is that when we had the 90% tax rate, no one ever paid it. The wealthy plowed all their money into tax avoidance schemes and paid a much lower rate.What was the effective tax rate in 1960?WASHINGTON/NEW YORK (Reuters) - The idea of imposing a wealth tax on the richest Americans has elicited sharply divergent views across a spectrum of politicians, with President Donald Trump branding it socialist and progressive Democratic presidential contenders Senators Elizabeth Warren and Bernie Sanders prominently endorsing it.
snip
Among the 4,441 respondents to the poll, 64% strongly or somewhat agreed that “the very rich should contribute an extra share of their total wealth each year to support public programs” - the essence of a wealth tax. Results were similar across gender, race and household income. While support among Democrats was stronger, at 77%, a majority of Republicans, 53%, also agreed with the idea.
Majority of Americans favor wealth tax on very rich: Reuters/Ipsos poll
If this is true, then the experiment called the United States of America as we know it is done....
Good grief. We have had an income tax which has always increased the tax in gradations for income earned.
2019-2020 Tax Brackets | Bankrate
The highest tax in 1960 was 91% of earned income $400,000 and above. The tax in 2020's highest earners income is 37% for all dollars of $500,301. Look at the historical details of the Tax Fraud signed by trump and who benefits.
What is $400,000 in today's dollars?
Your slight of hand didn't work.
What matters are the percentages, which have changed to the betterment of those with higher earned incomes greater than any in the lower tax brackets. You question matters not, but if you want an answer look it up. Here is a link to 1965:
Calculate the value of $400,000 in 1965. How much is it worth today?
Do you know that the higher percentage applies only to the amount above X?
2019-2020 federal income tax brackets
LIBBY WELLS@EAWELLS77
JANUARY 6, 2020 in TAXES
Advertiser Disclosure
At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here’s an explanation for how we make money.
There are seven tax brackets for most ordinary income: 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37 percent. The U.S. has a progressive tax system, which means that as you move up the pay scale, you also move up the tax scale.
WASHINGTON/NEW YORK (Reuters) - The idea of imposing a wealth tax on the richest Americans has elicited sharply divergent views across a spectrum of politicians, with President Donald Trump branding it socialist and progressive Democratic presidential contenders Senators Elizabeth Warren and Bernie Sanders prominently endorsing it.
snip
Among the 4,441 respondents to the poll, 64% strongly or somewhat agreed that “the very rich should contribute an extra share of their total wealth each year to support public programs” - the essence of a wealth tax. Results were similar across gender, race and household income. While support among Democrats was stronger, at 77%, a majority of Republicans, 53%, also agreed with the idea.
Majority of Americans favor wealth tax on very rich: Reuters/Ipsos poll
If this is true, then the experiment called the United States of America as we know it is done....
What's anti-American is the billionaire-class hoarding wealth and buying tax loopholes so that entitlements go bankrupt, and their wealth keeps growing. I favor the top tax rate being ~7% higher than before the last tax cut, the VAT (Fed sales tax of ~3%), and taxing all income as earned income. I do not favor the wealth tax on "net worth", unless its only on the top 1%. Does Bloomberg really need all $53b? I don't think so.
Learn About Wealth Tax
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