What Makes Poor People Poor? - Special Segment

Are you willing to pay a 25% flat tax without deductions. I am. But you aren’t and neither are the ultra wealthy.
Of course not. That is one of the stupidest tax plans ever envisioned

Drop a billionaire from 37 percent to 25 percent and call it even?
Raise the rate to 25 percent for someone making $20,000 a year and call it fair?
First of all it’s a sliding scale secondly with all of the loopholes and deductions he probably pays a lower effective rate than a couple earning 300k jointly.
You think those loopholes won’t be there at 25 percent?
Yes, that is correct. The only deductions will be 25k for individual filings and 50k for joint filings. No exceptions.

But see, when I look at Europe, and the most recently France, this system of attacking the rich, under the theory it helps the poor..... doesn't play out.

This entire time you are chatting back and fourth on how much money can we soak the rich for.... but when has that ever worked throughout all the world, and all history? Never.

France has spent decades now, trying to soak the rich. It hasn't made things better for the poor. That's why the poor have been burning down France.

France Rang In The New Year Under A Cloud Of Heavy Security

You can't tax your country into prosperity. You can only tax your country into poverty. No matter how much you talk about how you'll make the wealthy pay this tax, or that tax, or some other tax, it will never work. It never has. It never will.
I am not suggesting we should. I am suggesting that we should be fiscally responsible. The best way to accomplish that is to set the tax rate to the rate necessary to balance the budget and make all people share the burden proportionately. Overnight there would be a change.

I agree with what you wrote.
 
Of course not. That is one of the stupidest tax plans ever envisioned

Drop a billionaire from 37 percent to 25 percent and call it even?
Raise the rate to 25 percent for someone making $20,000 a year and call it fair?
First of all it’s a sliding scale secondly with all of the loopholes and deductions he probably pays a lower effective rate than a couple earning 300k jointly.
You think those loopholes won’t be there at 25 percent?
Yes, that is correct. The only deductions will be 25k for individual filings and 50k for joint filings. No exceptions.

But see, when I look at Europe, and the most recently France, this system of attacking the rich, under the theory it helps the poor..... doesn't play out.

This entire time you are chatting back and fourth on how much money can we soak the rich for.... but when has that ever worked throughout all the world, and all history? Never.

France has spent decades now, trying to soak the rich. It hasn't made things better for the poor. That's why the poor have been burning down France.

France Rang In The New Year Under A Cloud Of Heavy Security

You can't tax your country into prosperity. You can only tax your country into poverty. No matter how much you talk about how you'll make the wealthy pay this tax, or that tax, or some other tax, it will never work. It never has. It never will.
I am not suggesting we should. I am suggesting that we should be fiscally responsible. The best way to accomplish that is to set the tax rate to the rate necessary to balance the budget and make all people share the burden proportionately. Overnight there would be a change.

I agree with what you wrote.

Impossible. There is no tax level high enough to fix socialism.

As long as we have a socialized system of health care and pensions in place, taxes will have to increase continually until the country implodes. It is impossible to find the magic tax rate that will balance the budget.

If you doubt that... again just look at Europe. All of Europe. Most of Europe has been protected by the US. Norway, like all European countries, has drastically higher taxes. Most people, even lower-middle class, lose 50% of their income in taxes.

And yet they are running a deficit. France is running a deficit. Japan is running a deficit.

They have nearly double our average tax rate, and are all running a deficit.

So this idea that we just need to increase taxes until we can afford socialism... is never going to work. Soon we'll be paying $8/gallon for gas, like France does. All to pay for the free stuff everyone wants. Then when it destroys the middle class, like in France, people will be burning down the country.

If you want to balance the budget, the solution is to reform entitlements. We need to privatize social security, and eliminate socialized health care. If we do that, the budget will balance without us doing anything with taxes.
 
First of all it’s a sliding scale secondly with all of the loopholes and deductions he probably pays a lower effective rate than a couple earning 300k jointly.
You think those loopholes won’t be there at 25 percent?
Yes, that is correct. The only deductions will be 25k for individual filings and 50k for joint filings. No exceptions.

But see, when I look at Europe, and the most recently France, this system of attacking the rich, under the theory it helps the poor..... doesn't play out.

This entire time you are chatting back and fourth on how much money can we soak the rich for.... but when has that ever worked throughout all the world, and all history? Never.

France has spent decades now, trying to soak the rich. It hasn't made things better for the poor. That's why the poor have been burning down France.

France Rang In The New Year Under A Cloud Of Heavy Security

You can't tax your country into prosperity. You can only tax your country into poverty. No matter how much you talk about how you'll make the wealthy pay this tax, or that tax, or some other tax, it will never work. It never has. It never will.
I am not suggesting we should. I am suggesting that we should be fiscally responsible. The best way to accomplish that is to set the tax rate to the rate necessary to balance the budget and make all people share the burden proportionately. Overnight there would be a change.

I agree with what you wrote.

Impossible. There is no tax level high enough to fix socialism.

As long as we have a socialized system of health care and pensions in place, taxes will have to increase continually until the country implodes. It is impossible to find the magic tax rate that will balance the budget.

If you doubt that... again just look at Europe. All of Europe. Most of Europe has been protected by the US. Norway, like all European countries, has drastically higher taxes. Most people, even lower-middle class, lose 50% of their income in taxes.

And yet they are running a deficit. France is running a deficit. Japan is running a deficit.

They have nearly double our average tax rate, and are all running a deficit.

So this idea that we just need to increase taxes until we can afford socialism... is never going to work. Soon we'll be paying $8/gallon for gas, like France does. All to pay for the free stuff everyone wants. Then when it destroys the middle class, like in France, people will be burning down the country.

If you want to balance the budget, the solution is to reform entitlements. We need to privatize social security, and eliminate socialized health care. If we do that, the budget will balance without us doing anything with taxes.
County governments set their tax rates equal to the budget. That’s what I propose the federal government do.
 
As a society, we need to ask.

What benefit have we gained by helping the wealthy
Are you willing to pay a 25% flat tax without deductions. I am. But you aren’t and neither are the ultra wealthy.
Of course not. That is one of the stupidest tax plans ever envisioned

Drop a billionaire from 37 percent to 25 percent and call it even?
Raise the rate to 25 percent for someone making $20,000 a year and call it fair?
First of all it’s a sliding scale secondly with all of the loopholes and deductions he probably pays a lower effective rate than a couple earning 300k jointly.
You think those loopholes won’t be there at 25 percent?
Yes, that is correct. The only deductions will be 25k for individual filings and 50k for joint filings. No exceptions.

Yea....like that is going to happen

The Golden Rule.......He who has the gold makes the rules

As soon as the wealthy get their 25 percent tax rate, they will demand legislation that starts........If you give us this deduction, it will create jobs
 
People are poor because they don't have enough money.

THREAD CLOSED.
 
Are you willing to pay a 25% flat tax without deductions. I am. But you aren’t and neither are the ultra wealthy.
Of course not. That is one of the stupidest tax plans ever envisioned

Drop a billionaire from 37 percent to 25 percent and call it even?
Raise the rate to 25 percent for someone making $20,000 a year and call it fair?
First of all it’s a sliding scale secondly with all of the loopholes and deductions he probably pays a lower effective rate than a couple earning 300k jointly.
You think those loopholes won’t be there at 25 percent?
Yes, that is correct. The only deductions will be 25k for individual filings and 50k for joint filings. No exceptions.

Yea....like that is going to happen

The Golden Rule.......He who has the gold makes the rules

As soon as the wealthy get their 25 percent tax rate, they will demand legislation that starts........If you give us this deduction, it will create jobs
It’s the only solution that will make a material difference.
 
Of course not. That is one of the stupidest tax plans ever envisioned

Drop a billionaire from 37 percent to 25 percent and call it even?
Raise the rate to 25 percent for someone making $20,000 a year and call it fair?
First of all it’s a sliding scale secondly with all of the loopholes and deductions he probably pays a lower effective rate than a couple earning 300k jointly.
You think those loopholes won’t be there at 25 percent?
Yes, that is correct. The only deductions will be 25k for individual filings and 50k for joint filings. No exceptions.

Yea....like that is going to happen

The Golden Rule.......He who has the gold makes the rules

As soon as the wealthy get their 25 percent tax rate, they will demand legislation that starts........If you give us this deduction, it will create jobs
It’s the only solution that will make a material difference.
Makes sense to billionaires

Simple math. Give billionaires a significant tax cut, who makes up the difference?
 
First of all it’s a sliding scale secondly with all of the loopholes and deductions he probably pays a lower effective rate than a couple earning 300k jointly.
You think those loopholes won’t be there at 25 percent?
Yes, that is correct. The only deductions will be 25k for individual filings and 50k for joint filings. No exceptions.

Yea....like that is going to happen

The Golden Rule.......He who has the gold makes the rules

As soon as the wealthy get their 25 percent tax rate, they will demand legislation that starts........If you give us this deduction, it will create jobs
It’s the only solution that will make a material difference.
Makes sense to billionaires

Simple math. Give billionaires a significant tax cut, who makes up the difference?
Actually it doesn’t. They fear the loss of the their loopholes and deductions. It makes great sense to poor people who would only pay taxes above the poverty threshold. The government fears this and so do government lackies.
 
We can correct for capitalism's natural rate of unemployment on an at-will basis in our at-will employment States. The right wing doesn't like it, Because the Poor may benefit.

In a communist society, yes.

But then everyone one becomes poorer.
only if you know nothing about economics.
I know enough to know bullshit when I see it.
no, you don't.
The Socialist Phenomenon by Igor Shafarevich
We can correct for capitalism's natural rate of unemployment on an at-will basis in our at-will employment States. The right wing doesn't like it, Because the Poor may benefit.
 
Yup

That is why a lack of upward mobility opportunities hurts the poor
So they should wait for someone to save them, right? I bet you know just the people who can make all their dreams come true. Where the fuck have I heard that before. I know fairy tales.

I believe my advice to them is more practical.
You keep referring to individual people who are poor

We are talking about an entire segment of society that is poor
And? So what? Do you seriously believe their is a magic switch which will make everything better and save everyone? Fairy tale much?
So this...

Why do we establish policies that help those who obviously don’t need help? We just provided a major tax break to the wealthy and business and the economy is in the tank.

We need to shift our societies emphasis away from helping the rich to providing more funding for infrastructure, healthcare, education, low cost housing

We've been doing that. We have the most expensive education system in the world. We have the most health care in the world. We have more low cost housing projects, than any other nation in the world.

If your policies worked, we shouldn't have a single poor person left.

I would suggest to you, that the real solution isn't all this support for the poor, but rather having a culture of self-improvement. That people need to work to make their own lives better, not wait for society to make their lives better.
equal protection of the law is all we really need.
 
In a communist society, yes.

But then everyone one becomes poorer.
only if you know nothing about economics.
I know enough to know bullshit when I see it.
no, you don't.
The Socialist Phenomenon by Igor Shafarevich
We can correct for capitalism's natural rate of unemployment on an at-will basis in our at-will employment States. The right wing doesn't like it, Because the Poor may benefit.
Communism has been tried and proven to be a failure.
 
First of all it’s a sliding scale secondly with all of the loopholes and deductions he probably pays a lower effective rate than a couple earning 300k jointly.
You think those loopholes won’t be there at 25 percent?
Yes, that is correct. The only deductions will be 25k for individual filings and 50k for joint filings. No exceptions.

But see, when I look at Europe, and the most recently France, this system of attacking the rich, under the theory it helps the poor..... doesn't play out.

This entire time you are chatting back and fourth on how much money can we soak the rich for.... but when has that ever worked throughout all the world, and all history? Never.

France has spent decades now, trying to soak the rich. It hasn't made things better for the poor. That's why the poor have been burning down France.

France Rang In The New Year Under A Cloud Of Heavy Security

You can't tax your country into prosperity. You can only tax your country into poverty. No matter how much you talk about how you'll make the wealthy pay this tax, or that tax, or some other tax, it will never work. It never has. It never will.
I am not suggesting we should. I am suggesting that we should be fiscally responsible. The best way to accomplish that is to set the tax rate to the rate necessary to balance the budget and make all people share the burden proportionately. Overnight there would be a change.

I agree with what you wrote.

Impossible. There is no tax level high enough to fix socialism.

As long as we have a socialized system of health care and pensions in place, taxes will have to increase continually until the country implodes. It is impossible to find the magic tax rate that will balance the budget.

If you doubt that... again just look at Europe. All of Europe. Most of Europe has been protected by the US. Norway, like all European countries, has drastically higher taxes. Most people, even lower-middle class, lose 50% of their income in taxes.

And yet they are running a deficit. France is running a deficit. Japan is running a deficit.

They have nearly double our average tax rate, and are all running a deficit.

So this idea that we just need to increase taxes until we can afford socialism... is never going to work. Soon we'll be paying $8/gallon for gas, like France does. All to pay for the free stuff everyone wants. Then when it destroys the middle class, like in France, people will be burning down the country.

If you want to balance the budget, the solution is to reform entitlements. We need to privatize social security, and eliminate socialized health care. If we do that, the budget will balance without us doing anything with taxes.
Lousy capitalists lose money on public policies.
 
only if you know nothing about economics.
I know enough to know bullshit when I see it.
no, you don't.
The Socialist Phenomenon by Igor Shafarevich
We can correct for capitalism's natural rate of unemployment on an at-will basis in our at-will employment States. The right wing doesn't like it, Because the Poor may benefit.
Communism has been tried and proven to be a failure.
Communism requires social morals for free as does socialism. Only the Religious seem to be able to make it work. Ten simple Commandments from a God, not the Expense of Government.
 
only if you know nothing about economics.
I know enough to know bullshit when I see it.
no, you don't.
The Socialist Phenomenon by Igor Shafarevich
We can correct for capitalism's natural rate of unemployment on an at-will basis in our at-will employment States. The right wing doesn't like it, Because the Poor may benefit.
Communism has been tried and proven to be a failure.
its not been a complete failure,,,it managed to kill over 100 million people,,,maybe thats why the greenies like it,,,fewer people less O2
 
In a communist society, yes.

But then everyone one becomes poorer.
only if you know nothing about economics.
I know enough to know bullshit when I see it.
no, you don't.
The Socialist Phenomenon by Igor Shafarevich
We can correct for capitalism's natural rate of unemployment on an at-will basis in our at-will employment States. The right wing doesn't like it, Because the Poor may benefit.
Why don't you go try that in Beanerland? And I don't mean L.A.
 
We can correct for capitalism's natural rate of unemployment on an at-will basis in our at-will employment States. The right wing doesn't like it, Because the Poor may benefit.
Communism has been tried and proven to be a failure.
Communism requires social morals for free as does socialism. Only the Religious seem to be able to make it work. Ten simple Commandments from a God, not the Expense of Government.
I don’t give a shit what you think communism requires.
 
only if you know nothing about economics.
I know enough to know bullshit when I see it.
no, you don't.
The Socialist Phenomenon by Igor Shafarevich
We can correct for capitalism's natural rate of unemployment on an at-will basis in our at-will employment States. The right wing doesn't like it, Because the Poor may benefit.
Why don't you go try that in Beanerland? And I don't mean L.A.
Only the right wing prefers to lose money on public policies and whine about taxes.
 
We can correct for capitalism's natural rate of unemployment on an at-will basis in our at-will employment States. The right wing doesn't like it, Because the Poor may benefit.
Communism has been tried and proven to be a failure.
Communism requires social morals for free as does socialism. Only the Religious seem to be able to make it work. Ten simple Commandments from a God, not the Expense of Government.
I don’t give a shit what you think communism requires.
there is no provision for excuses in the federal doctrine.
 
We can correct for capitalism's natural rate of unemployment on an at-will basis in our at-will employment States. The right wing doesn't like it, Because the Poor may benefit.
Why don't you go try that in Beanerland? And I don't mean L.A.
Only the right wing prefers to lose money on public policies and whine about taxes.
maybe thats because hey arent socialist dupes
 

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