Who exactly are the rich that aren’t paying their fair share?

[Thinker101]

In what way do you feel you're getting screwed?

The deductions cut in heavily taxed blue states Why do you ask questions that you know the answers to?

Wouldn't that suggest the states should cut their taxes?

wish they would but a big state with a big population needs more money than a small state

$10 each from 100 people is a lot more than $10 each from 10 people.

But our collectors of garbage our teachers our police our firemen our subway people will retire wealthy Our unions are killers

True unions are killers. Here in California Moonbeam Brown has allowed and assisted in letting unions become economic killers.

 

[RealDave]

As long as Leftists are able to continue couching the discussion in PERCENTAGES rather than dollars, the battle will be lost. Some rich bastard will be able to say, "My secretary pays more than I do in FIT." When the fact of the matter is that the secretary pays a few thousand in taxes and he pays tens of millions. More? Total B.S.

It is DOLLARS that count, not percentages.

The only way to bring "fairness" to our tax code would be to implement a MAXIMUM DOLLAR TAX AMOUNT, beyond which no one has to pay more. Make it a hundred thousand dollars, or a million dollars, or a gazillion dollars. But the point must be made that at some point you have paid ENOUGH, and beyond that it is UNFAIR TO THIS TAXPAYER, regardless of what PERCENTAGE that amount happens to be.

Great idea.

Every working American gets a $3000.00 tax cut.

That would fuel the economy far more than the POS the Republicans just passed.

Trump gave each working family of four, $4,000 back in child tax credits. $2,000 per child. Your next post will be bbb...but (crickets)

Great but he also gave himself & his rich buddies millions, dumbass. For what?

Why the fuck do you think we should borrow a trillion dollars top give rich people money?

 

[RealDave]

Why would they be hurt? You have gotten exactly what you desire, more taxes. Aren't you happy, and if you aren't, explain why not-)

You'r

I'll bet a lot of low wage earners blew more on Black Friday than they pay in Federal Tax.

Yeah they spend whatever they get Good for our economy Mine goes into the market

You go ahead and explain to me how putting money in the market is good for the economy.

It's not,,,, It's good for me and my family But I make up for it by being overly generous in donations to child cancer vets and help for addicts

So, you admit that behavior is not good for the economy. And we know the bulk of the benefit of this tax cut bill goes to people that will behave the same way. So tell me, how is this tax proposal going to stimulate the economy.

It might help companies hire more,,expand start training programs?

Companies hire when there is a demand for their products.

 

[Thinker101]

The difference between left and right on this--------->

We want to lower our taxes individually.

The left wants to raise taxes on everyone but themselves.

How do we know this?

Because when given the opportunity to PAY MORE voluntarily, they won't do it!

So in essence, we want to help ourselves to our own money. The left wants to help themselves to OUR money to, while keeping their own-)

Hell, it is your fault taxes are as high as they are. If you go to the grocery store and ribeyes are twenty bucks a pound, do you buy them and bitch about it or do you leave them alone" If you buy them, do you think the butcher is going to lower the price just because you are bitching? Well taxes work the same way.

If you think taxes are too high, don't pay them. Hell, you can stay at home and collect welfare. You can have cable tv, air-conditioning, a cell phone, internet, play video games all day and best of all, buy all the damn ribeyes you want no matter what the price is

And while we are at it. Well I got a question. The right always claims that corporations merely pass tax increases on to the consumer. So how come I have not heard a single soul say that this corporate tax cut will result in the lowering of prices?

Corporations are run for stockholders Exes will get raises stockholders dividends raised

So corporations will take their tax savings and raise their dividends. WTF--that is real proof that the tax cuts were not needed. When a corporation raises their dividends what they are saying is, "Here stockholder, we cannot forsee any acceptable capital investment options so we are returning this money to you." If they saw real opportunities for growth they would take those profits and make capital investments. But when they take those profits and distribute them to stockholders they are "passing the buck" on growth. Worse, they will conduct stock buybacks, which is nothing but an avert attempt at manipulating stock prices in order to justify excessive executive compensation. A practice that was outlawed for most of American history.

Plain and simple, we have been had. And it will take an entire generation to reverse the damage that this bill will do.

Some corporations will take their tax savings and raise their dividends, others will take that money and hire additional workers and buy additional equipment. Drive those corporations away with higher taxes and you have what....absolutely nothing.

 

[eddiew37]

You'r
Yeah they spend whatever they get Good for our economy Mine goes into the market

You go ahead and explain to me how putting money in the market is good for the economy.

It's not,,,, It's good for me and my family But I make up for it by being overly generous in donations to child cancer vets and help for addicts

So, you admit that behavior is not good for the economy. And we know the bulk of the benefit of this tax cut bill goes to people that will behave the same way. So tell me, how is this tax proposal going to stimulate the economy.

It might help companies hire more,,expand start training programs?

Companies hire when there is a demand for their products.

companies are doing great now How much more help do they need? Not one of them are paying top tax

 

[Winston]

The difference between left and right on this--------->

We want to lower our taxes individually.

The left wants to raise taxes on everyone but themselves.

How do we know this?

Because when given the opportunity to PAY MORE voluntarily, they won't do it!

So in essence, we want to help ourselves to our own money. The left wants to help themselves to OUR money to, while keeping their own-)

Hell, it is your fault taxes are as high as they are. If you go to the grocery store and ribeyes are twenty bucks a pound, do you buy them and bitch about it or do you leave them alone" If you buy them, do you think the butcher is going to lower the price just because you are bitching? Well taxes work the same way.

If you think taxes are too high, don't pay them. Hell, you can stay at home and collect welfare. You can have cable tv, air-conditioning, a cell phone, internet, play video games all day and best of all, buy all the damn ribeyes you want no matter what the price is

And while we are at it. Well I got a question. The right always claims that corporations merely pass tax increases on to the consumer. So how come I have not heard a single soul say that this corporate tax cut will result in the lowering of prices?

Corporations are run for stockholders Exes will get raises stockholders dividends raised

So corporations will take their tax savings and raise their dividends. WTF--that is real proof that the tax cuts were not needed. When a corporation raises their dividends what they are saying is, "Here stockholder, we cannot forsee any acceptable capital investment options so we are returning this money to you." If they saw real opportunities for growth they would take those profits and make capital investments. But when they take those profits and distribute them to stockholders they are "passing the buck" on growth. Worse, they will conduct stock buybacks, which is nothing but an avert attempt at manipulating stock prices in order to justify excessive executive compensation. A practice that was outlawed for most of American history.

Plain and simple, we have been had. And it will take an entire generation to reverse the damage that this bill will do.

Some corporations will take their tax savings and raise their dividends, others will take that money and hire additional workers and buy additional equipment. Drive those corporations away with higher taxes and you have what....absolutely nothing.

Hire additional workers and purchase additional equipment? Those are both tax deductions. You realize that a corporate tax cut actually increases the cost of hiring additional workers and purchasing additional equipment? So tell me, since when does increasing the cost of something increase demand?

 

[Thinker101]

The difference between left and right on this--------->

We want to lower our taxes individually.

The left wants to raise taxes on everyone but themselves.

How do we know this?

Because when given the opportunity to PAY MORE voluntarily, they won't do it!

So in essence, we want to help ourselves to our own money. The left wants to help themselves to OUR money to, while keeping their own-)

Hell, it is your fault taxes are as high as they are. If you go to the grocery store and ribeyes are twenty bucks a pound, do you buy them and bitch about it or do you leave them alone" If you buy them, do you think the butcher is going to lower the price just because you are bitching? Well taxes work the same way.

If you think taxes are too high, don't pay them. Hell, you can stay at home and collect welfare. You can have cable tv, air-conditioning, a cell phone, internet, play video games all day and best of all, buy all the damn ribeyes you want no matter what the price is

And while we are at it. Well I got a question. The right always claims that corporations merely pass tax increases on to the consumer. So how come I have not heard a single soul say that this corporate tax cut will result in the lowering of prices?

Corporations are run for stockholders Exes will get raises stockholders dividends raised

So corporations will take their tax savings and raise their dividends. WTF--that is real proof that the tax cuts were not needed. When a corporation raises their dividends what they are saying is, "Here stockholder, we cannot forsee any acceptable capital investment options so we are returning this money to you." If they saw real opportunities for growth they would take those profits and make capital investments. But when they take those profits and distribute them to stockholders they are "passing the buck" on growth. Worse, they will conduct stock buybacks, which is nothing but an avert attempt at manipulating stock prices in order to justify excessive executive compensation. A practice that was outlawed for most of American history.

Plain and simple, we have been had. And it will take an entire generation to reverse the damage that this bill will do.

Some corporations will take their tax savings and raise their dividends, others will take that money and hire additional workers and buy additional equipment. Drive those corporations away with higher taxes and you have what....absolutely nothing.

Hire additional workers and purchase additional equipment? Those are both tax deductions. You realize that a corporate tax cut actually increases the cost of hiring additional workers and purchasing additional equipment? So tell me, since when does increasing the cost of something increase demand?

A corporate tax cut increases the cost of hiring workers and purchasing equipment, tell us how.

 

[Skull Pilot]

What deductions do the so called rich get on their 1040 that you don't?

Posted them skull

No you posted deductions everyone gets. What are the deductions that only the rich get on their 1040 that you don't

There are those the rich can take more advantage of and some that middle class can't take advantage at all

That they do not take advantage of them in no way means they are prohibited from taking advantage of them

Yes, I cxould deduct the cost of servicing my private jet, IF I HAD A FLIPPIN PRIVATE JET MORON.

Only if that jet was owned by a business and was used for business purposes.

But you can have a car owned by a business and deduct the costs related to the car. You're just jealous of the guy who has a jet.

 

[Skull Pilot]

Ima thats bullcrap

Don't you know blue states have been sending money to the feds while your shitty little red states have been takers?

Oh, I dunno, seems what the federal government has done with its money over the last 8 years was Obama's choice, now wasn't it! What the states do with their money, is of no concern to me except my own state. But oh, by the way, seems the blue states are going bankrupt-) So I do not know how the feds split their money under Obysmal, so you should take it up with him if you don't like it. But for the states........we reds are doing just fine......thank you very much. How are your blue states doing-)

we're getting screwed but we'll get even

In what way do you feel you're getting screwed?

The deductions cut in heavily taxed blue states Why do you ask questions that you know the answers to?

Those caps apply to ALL states.

 

[Skull Pilot]

Oh, I dunno, seems what the federal government has done with its money over the last 8 years was Obama's choice, now wasn't it! What the states do with their money, is of no concern to me except my own state. But oh, by the way, seems the blue states are going bankrupt-) So I do not know how the feds split their money under Obysmal, so you should take it up with him if you don't like it. But for the states........we reds are doing just fine......thank you very much. How are your blue states doing-)

we're getting screwed but we'll get even

In what way do you feel you're getting screwed?

The deductions cut in heavily taxed blue states Why do you ask questions that you know the answers to?

Wouldn't that suggest the states should cut their taxes?

wish they would but a big state with a big population needs more money than a small state

And they have more people to tax the problem is that the leadership of those states don't think everyone should be taxed

 

[Skull Pilot]

Got it now.
10%*$100mil=$10mil....... hurts.
10%*$100K=$10, 000.......hurts bad in CA
10%*$10K = $1000 ......CATASTROPHIC in KS



Ooops....don't forget first $24K is taken off....free to Eddie. Or $12K if you don't have a "ball & chain".

etc

if you're at $20K, that 10% is taking away fo0d, medicine,

No it's taking away cell phones, and other luxuries.

You have your priorities backwards as usual

 

[Winston]

Posted them skull

No you posted deductions everyone gets. What are the deductions that only the rich get on their 1040 that you don't

There are those the rich can take more advantage of and some that middle class can't take advantage at all

That they do not take advantage of them in no way means they are prohibited from taking advantage of them

Yes, I cxould deduct the cost of servicing my private jet, IF I HAD A FLIPPIN PRIVATE JET MORON.

Only if that jet was owned by a business and was used for business purposes.

But you can have a car owned by a business and deduct the costs related to the car. You're just jealous of the guy who has a jet.

Funny, when I take my business car in to be serviced, well I have to pay taxes on the bill. But when a private jet owner takes his jet in to be serviced, he don't, thanks to this bill.

 

[Skull Pilot]

No you posted deductions everyone gets. What are the deductions that only the rich get on their 1040 that you don't

There are those the rich can take more advantage of and some that middle class can't take advantage at all

That they do not take advantage of them in no way means they are prohibited from taking advantage of them

Yes, I cxould deduct the cost of servicing my private jet, IF I HAD A FLIPPIN PRIVATE JET MORON.

Only if that jet was owned by a business and was used for business purposes.

But you can have a car owned by a business and deduct the costs related to the car. You're just jealous of the guy who has a jet.

Funny, when I take my business car in to be serviced, well I have to pay taxes on the bill. But when a private jet owner takes his jet in to be serviced, he don't, thanks to this bill.

Link?

And you get to deduct the total of the bill taxes included.

 

[Winston]

Hell, it is your fault taxes are as high as they are. If you go to the grocery store and ribeyes are twenty bucks a pound, do you buy them and bitch about it or do you leave them alone" If you buy them, do you think the butcher is going to lower the price just because you are bitching? Well taxes work the same way.

If you think taxes are too high, don't pay them. Hell, you can stay at home and collect welfare. You can have cable tv, air-conditioning, a cell phone, internet, play video games all day and best of all, buy all the damn ribeyes you want no matter what the price is

And while we are at it. Well I got a question. The right always claims that corporations merely pass tax increases on to the consumer. So how come I have not heard a single soul say that this corporate tax cut will result in the lowering of prices?

Corporations are run for stockholders Exes will get raises stockholders dividends raised

So corporations will take their tax savings and raise their dividends. WTF--that is real proof that the tax cuts were not needed. When a corporation raises their dividends what they are saying is, "Here stockholder, we cannot forsee any acceptable capital investment options so we are returning this money to you." If they saw real opportunities for growth they would take those profits and make capital investments. But when they take those profits and distribute them to stockholders they are "passing the buck" on growth. Worse, they will conduct stock buybacks, which is nothing but an avert attempt at manipulating stock prices in order to justify excessive executive compensation. A practice that was outlawed for most of American history.

Plain and simple, we have been had. And it will take an entire generation to reverse the damage that this bill will do.

Some corporations will take their tax savings and raise their dividends, others will take that money and hire additional workers and buy additional equipment. Drive those corporations away with higher taxes and you have what....absolutely nothing.

Hire additional workers and purchase additional equipment? Those are both tax deductions. You realize that a corporate tax cut actually increases the cost of hiring additional workers and purchasing additional equipment? So tell me, since when does increasing the cost of something increase demand?

A corporate tax cut increases the cost of hiring workers and purchasing equipment, tell us how.

Company has a dollar in profit. They keep the dollar, they end up with sixty five cents before this bill and seventy nine cents after. So, if they spend that dollar on hiring workers it costs them sixty five cents in lost after tax revenue before this bill and seventy nine cents after. The price of spending that dollar on hiring workers just went up.

 

[AntonToo]

30 years ago people in the top 10% were making close to $60,000/per year, and so started the chant of rich people don’t pay their fare share. Today we’re hearing the exact same thing. So what I’m curious to know is who the rich are? What level of income is needed before you’re considered to not be paying your fair share. Is it still the $60,000 mark or is it anyone that has $1.00 more than you do.

Your screen name is really ironic considering you don’t even understand what inflation adjustment is.

Rich are generally considered those with $250-300k plus income (depending on number of dependents and etc.)

 

[nat4900]

30 years ago people in the top 10% were making close to $60,000/per year, and so started the chant of rich people don’t pay their fare share. Today we’re hearing the exact same thing. So what I’m curious to know is who the rich are? What level of income is needed before you’re considered to not be paying your fair share. Is it still the $60,000 mark or is it anyone that has $1.00 more than you do.

"WHO are the rich tat aren't paying their fair share ..."????

27 giant profitable companies paid no taxes - USA Today

 

[Winston]

There are those the rich can take more advantage of and some that middle class can't take advantage at all

That they do not take advantage of them in no way means they are prohibited from taking advantage of them

Yes, I cxould deduct the cost of servicing my private jet, IF I HAD A FLIPPIN PRIVATE JET MORON.

Only if that jet was owned by a business and was used for business purposes.

But you can have a car owned by a business and deduct the costs related to the car. You're just jealous of the guy who has a jet.

Funny, when I take my business car in to be serviced, well I have to pay taxes on the bill. But when a private jet owner takes his jet in to be serviced, he don't, thanks to this bill.

Link?

And you get to deduct the total of the bill taxes included.

A measure in the Tax Cuts and Jobs Act would lower taxes on some of the payments made by owners of private aircraft to management companies that help maintain, store and staff those planes for owners.

The language would exempt owners or leasers of private aircraft from paying taxes on certain costs related to the upkeep and maintenance of the jets, according to a description from the Joint Committee on Taxation.

"Applicable services include support activities related to the aircraft itself, such as its storage, maintenance, and fueling, and those related to its operation, such as the hiring and training of pilots and crew, as well as administrative services such as scheduling, flight planning, weather forecasting, obtaining insurance, and establishing and complying with safety standards," it says.

Senate bill clarifies tax law for private jet companies

 

[rightwinger]

30 years ago people in the top 10% were making close to $60,000/per year, and so started the chant of rich people don’t pay their fare share. Today we’re hearing the exact same thing. So what I’m curious to know is who the rich are? What level of income is needed before you’re considered to not be paying your fair share. Is it still the $60,000 mark or is it anyone that has $1.00 more than you do.

OK lets start here

While looking at where we should draw additional revenue, we need to look at those BIG SLICES OF PIE consumed by the top 5% and not concern ourselves with that tiny sliver of pie consumed by the bottom 40%

 

[Skull Pilot]

30 years ago people in the top 10% were making close to $60,000/per year, and so started the chant of rich people don’t pay their fare share. Today we’re hearing the exact same thing. So what I’m curious to know is who the rich are? What level of income is needed before you’re considered to not be paying your fair share. Is it still the $60,000 mark or is it anyone that has $1.00 more than you do.

Your screen name is really ironic considering you don’t even understand what inflation adjustment is.

Rich are generally considered those with $250k plus income

You do realize that those people with 250K in income might have a net worth of 5 bucks don't you?

Income doesn't define wealth, net worth does

 

[Skull Pilot]

30 years ago people in the top 10% were making close to $60,000/per year, and so started the chant of rich people don’t pay their fare share. Today we’re hearing the exact same thing. So what I’m curious to know is who the rich are? What level of income is needed before you’re considered to not be paying your fair share. Is it still the $60,000 mark or is it anyone that has $1.00 more than you do.

"WHO are the rich tat aren't paying their fair share ..."????

27 giant profitable companies paid no taxes - USA Today

45% of all citizens paid no income taxes.