This is why we need to tax the wealthy

[Billy000]

"How are you going to incentivize a guy with the IQ of 50 to get a job?" -- Billy000

Cheers!

You’re such a moron lol I’m sorry I have to explain the complete obvious to you but obviously there are people with the IQ of 50 on welfare and obviously they come from every race.

 

[Nostra]

Is this the part where you tell us “All tax cuts pay for themselves”?

Once your post devolved into Deep State and global warming hoax…you showed your true colors

Tax cuts don’t “pay for themselves” because that assumes all money belongs to the government, Moron.

However, revenues do go up.

 

[Nostra]

How about we just return to the tax rates before Bush?

So you want the poor and middle class to pay more.

Got it.


Ezra Klein of the Washington Post’s Wonkblog posted a blog post this week titled “Democrats don’t want to go back to Clinton-era rates” which pointed out that middle income and low income taxpayers had a substantially higher burden under Clinton. Klein is right: returning to those Clinton era rates would substantially increase the taxes paid by most of the bottom 80% of income earners and substantially decrease the number of nonpayers of the federal income tax. As such, many of the advocates of a return to Clinton era rates inadvertently make an economic case for higher taxes on middle and lower income taxpayers.

Federal Tax Burden Under Clinton Higher on All, Not Just the Rich

Ezra Klein of the Washington Post’s Wonkblog posted a blog post this week titled “Democrats don’t want to go back to Clinton-era rates” which pointed out that middle income and low income taxpayers had a substantially higher burden under Clinton. Klein is right: returning to those Clinton era...

taxfoundation.org

 

[Nostra]

But the wealthy paid significantly more than they pay today.

The Golden Rule is ….He who has he Gold, makes the rules

Very little of the tax code applies to working Americans

Under Trump‘s tax cuts the top 1% went from paying 37% to 40% of the total tax burden So the rich paid more AFTER the Trump tax cuts.

When Slick left office the top 1% paid about 33% of the total tax burden.

so once again Trollwinger is exposed as a lying sack of vermin shit.

Federal Tax Burden Under Clinton Higher on All, Not Just the Rich

Ezra Klein of the Washington Post’s Wonkblog posted a blog post this week titled “Democrats don’t want to go back to Clinton-era rates” which pointed out that middle income and low income taxpayers had a substantially higher burden under Clinton. Klein is right: returning to those Clinton era...

taxfoundation.org

How The Rich Paid More Taxes With Trumpâs Tax Cuts

Contrary to Democratic assertions, the “rich” are paying more as a result of Trump’s tax cut than they were before.

www.forbes.com

 

[Nostra]

Most billionaires are old family money and haven't got the common sense of a lemming.

I literally laughed out loud when I read your post. It's one of the funniest thigs I've seen here in a while.

Another Dimwinger talking point lie exposed..

Most Billionaires Are Self-Made, Not Heirs

Some 32 percent of the Forbes 400 in 2011 belonged to very rich families, down from 60 percent in 1982.

www.chicagobooth.edu

 

[Jarlaxle]

Yes, I hope they slash defense by at least 60%. I can’t wait to see how that plays out

It's a start.

One easy change is to go back to the procurement practices prior to WWII, If the government wants a new plane, let the manufactures design it and build prototypes on their own dime and then have a competition. Get rid of the processes that a decade or more to develop a new piece of hardware.

After the billion-dollar reaming Northrop got on the F-20, no company will ever do that again.

 

[Ghost of a Rider]

Your response of “so what?” Isn’t an argument for anything.

That's because it was a question.

I didn’t say no one else should chip into to pay taxes. I think poor people should pay taxes. It’s simply what’s realistic that the rich have to pay the most in taxes.

They already do.

It’s the only way to make government spending viable and to minimize borrowing. You can argue that it’s unfair if you like, but that really is way less important.

This seems to be based on the premise that higher taxes on the rich would slow down or stop the borrowing. It would not.

Even if the government imposed higher taxes on the rich, all they would do is find some other frivolous program or something to spend it on, rather than applying it to the deficit. Therein lies the crux of the problem: a pathological need to spend what they have in hand rather than making it work for them.

 

[Ghost of a Rider]

You understand why I posted it.

Unless you're saying that all or most rich people are guilty of these things then, no, I don't understand why you posted it.

 

[BackAgain]

Just like Trump, his cult denies the truth.

Scandals of the Ronald Reagan administration​

View attachment 884656
Wikipedia
https://en.wikipedia.org › wiki › Scandals_of_the_Ron...
The presidency of Ronald Reagan was marked by numerous scandals, resulting in the investigation, indictment or conviction of over 138 administration ...

Just like so many of you pathetic libturds, you conflate “scandals” with crime and corruption.

Youre a joke, Smokin’ dOPe.

 

[pknopp]

Unless you're saying that all or most rich people are guilty of these things then, no, I don't understand why you posted it.

I said exactly what I said. Some are and I gave an example.

 

[kaz]

Billionaires Are Hoarding Trillions in Untaxed Wealth. They Want the Supreme Court to Keep It That Way

A new report from Americans for Tax Fairness found that America’s richest families accumulated $8.5 trillion in untaxed capital gains in 2022

www.yahoo.com

TRILLIONS in untaxed wealth. Good luck explaining this to republicans I guess. You have to explain the difference between the official tax rate and the EFFECTIVE tax rate of top earners.

Why does the term Marxist bother you again?

This from the guy who's good that the Bidens didn't pay their taxes. Party is EVERYTHING to you, no kidding

 

[Billy000]

That's because it was a question.


They already do.

This seems to be based on the premise that higher taxes on the rich would slow down or stop the borrowing. It would not.

Even if the government imposed higher taxes on the rich, all they would do is find some other frivolous program or something to spend it on, rather than applying it to the deficit. Therein lies the crux of the problem: a pathological need to spend what they have in hand rather than making it work for them.

Of course it would slow down borrowing lol. That is the exact effect it would have. To suggest otherwise doesn’t make any sense. Who even is they anyway? This is spending across the board. It all doesn’t work the same way.

 

[Billy000]

Why does the term Marxist bother you again?

This from the guy who's good that the Bidens didn't pay their taxes. Party is EVERYTHING to you, no kidding

Marxism is completely irrelevant to the topic at hand.

 

[kaz]

Marxism is completely irrelevant to the topic at hand.

Bull shit, taxing people's property not their income is Marxism. They earn a dollar and you keep taxing that same dollar over and over. Except your pedophile leader, PEDO Joe only pays taxes if he wants to, and he doesn't want to. Stop parroting Democrats and LISTEN to them, you fucking ignorant MAGAt dweeb

 

[Billy000]

Bull shit, taxing people's property not their income is Marxism. They earn a dollar and you keep taxing that same dollar over and over. Except your pedophile leader, PEDO Joe only pays taxes if he wants to, and he doesn't want to. Stop parroting Democrats and LISTEN to them, you fucking ignorant MAGAt dweeb

lol this shit has nothing to do with paying everyone the same wage or ending capitalism. You idiots are just too stupid to understand nuance.

 

[kaz]

lol this shit has nothing to do with paying everyone the same wage or ending capitalism. You idiots are just too stupid to understand nuance.

I'll let you take that argument up with Marx, he said all property belongs to government, just like the Democrat and you do. Which is why I asked why the word bothers you so much. Is a roach any better if you call it a butterfly?

 

[Nostra]

Billionaires Are Hoarding Trillions in Untaxed Wealth. They Want the Supreme Court to Keep It That Way

A new report from Americans for Tax Fairness found that America’s richest families accumulated $8.5 trillion in untaxed capital gains in 2022

www.yahoo.com

TRILLIONS in untaxed wealth. Good luck explaining this to republicans I guess. You have to explain the difference between the official tax rate and the EFFECTIVE tax rate of top earners.

At what rate do you want to tax wealth Billy000 ?

 

[kaz]

At what rate do you want to tax wealth Billy000 ?

I want to know if that applies to Democrats too or just Republicans. Or if it's optional for Democrats, like it is for the Bidens. Republicans want to cut taxes, so they should pay more. Democrats are for high taxes so it's totally reasonable when they evade them. At least according to Thanos

 

[Markle]

But the wealthy paid significantly more than they pay today.

The Golden Rule is ….He who has he Gold, makes the rules

Very little of the tax code applies to working Americans

 

[leftwinger]

Only for some.

Federal court approves $25 million Trump University settlement

Donald Trump fined $2m for misusing charity for political ends

Trump Organization fined $1.6 million for tax fraud

preposterous. All deep pocket attacks (no one sues a poor man). And/or trumped up deep state harrassment. Still on-going. Many with lack of integrity (or intelligence) are OK with it? Imagine the level if those types. Like the kids who hurt puppies. SMH.