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Yeah, no one ever specifies that when they want to paint the wealthy as tax victims .
Too bad Wealth isn't taxable, huh!
Yes, it is. Where are Trump's tax returns?
Actually, wealth is taxed twice. Once when it is earned and again when the wealthy person dies.
.
No it isn't. The dead person doesn't pay the 'second' tax. The new owner does.
That money is taxed twice once upon earning it and the other when one person dies. It doesn't seem fair but hey the communist tax code has got to continue....
Tax rates are immaterial. it's what you actually pay that is important. Our tax code has so many deductions, credits, and loopholes, that most of the population pays little if any tax. The big corporation may have tax rate of 35%, but few pay anything even close to that.It seems like the left plays this game whenever they have to come up with a point which is to take whatever fact they find and apply it to something that it doesn't naturally apply to. It is like taking what is true for oranges and applying it to apples. It doesn't work.
It is true that these countries have a higher tax to GDP ratio but many of these countries also have a lower tax rates than the US. It is what 'conservatives' have been saying for years. Lowering tax rates actually increase revenue. I know the OP worked hard to drudge this up but your intellectual pile of shit just when KABOOM!
Too bad Wealth isn't taxable, huh!
Yes, it is. Where are Trump's tax returns?
Actually, wealth is taxed twice. Once when it is earned and again when the wealthy person dies.
.
No it isn't. The dead person doesn't pay the 'second' tax. The new owner does.
That money is taxed twice once upon earning it and the other when one person dies. It doesn't seem fair but hey the communist tax code has got to continue....
If you get a roof put on your house for $5000 and you pay the roofer that amount out of your savings which you collected from your own job, and that money was taxed,
the roofer gets the money, but he has to pay tax on it. The money is taxed twice.
Who was wrongfully taxed?
Tax rates are immaterial. it's what you actually pay that is important. Our tax code has so many deductions, credits, and loopholes, that most of the population pays little if any tax. The big corporation may have tax rate of 35%, but few pay anything even close to that.It seems like the left plays this game whenever they have to come up with a point which is to take whatever fact they find and apply it to something that it doesn't naturally apply to. It is like taking what is true for oranges and applying it to apples. It doesn't work.
It is true that these countries have a higher tax to GDP ratio but many of these countries also have a lower tax rates than the US. It is what 'conservatives' have been saying for years. Lowering tax rates actually increase revenue. I know the OP worked hard to drudge this up but your intellectual pile of shit just when KABOOM!
It peaked in 2009 just after Obama took office and has been in a bit of a down trend since then. Historical, the average is about 19.3%. It was in a 18 year downtrend till 2000.Tax rates are immaterial. it's what you actually pay that is important. Our tax code has so many deductions, credits, and loopholes, that most of the population pays little if any tax. The big corporation may have tax rate of 35%, but few pay anything even close to that.It seems like the left plays this game whenever they have to come up with a point which is to take whatever fact they find and apply it to something that it doesn't naturally apply to. It is like taking what is true for oranges and applying it to apples. It doesn't work.
It is true that these countries have a higher tax to GDP ratio but many of these countries also have a lower tax rates than the US. It is what 'conservatives' have been saying for years. Lowering tax rates actually increase revenue. I know the OP worked hard to drudge this up but your intellectual pile of shit just when KABOOM!
"In fiscal year 2015, the federal budget is $3.8 trillion. These trillions of dollars make up about 21 percent of the U.S. economy (as measured by Gross Domestic Product, or GDP). It's also about $12,000 for every woman, man and child in the United States."
Someone is paying taxes.
It peaked in 2009 just after Obama took office and has been in a bit of a down trend since then. Historical, the average is about 19.3%. It was in a 18 year downtrend till 2000.Tax rates are immaterial. it's what you actually pay that is important. Our tax code has so many deductions, credits, and loopholes, that most of the population pays little if any tax. The big corporation may have tax rate of 35%, but few pay anything even close to that.It seems like the left plays this game whenever they have to come up with a point which is to take whatever fact they find and apply it to something that it doesn't naturally apply to. It is like taking what is true for oranges and applying it to apples. It doesn't work.
It is true that these countries have a higher tax to GDP ratio but many of these countries also have a lower tax rates than the US. It is what 'conservatives' have been saying for years. Lowering tax rates actually increase revenue. I know the OP worked hard to drudge this up but your intellectual pile of shit just when KABOOM!
"In fiscal year 2015, the federal budget is $3.8 trillion. These trillions of dollars make up about 21 percent of the U.S. economy (as measured by Gross Domestic Product, or GDP). It's also about $12,000 for every woman, man and child in the United States."
Someone is paying taxes.
