You go Girl! Alexandria Ocasio-Cortez Plans Bill to Boost Top Individual Tax Rate to 59%

[Andylusion]

So now because of this tax, I can no longer make my 10 million a year. I'll make 8 instead, and do much better after taxes.

Clearly you don't understand the tax tables.
You would in fact take home more money by making 10 Million than you would making 8 Million.
Please explain how making 2 Million more would be a worse case than making 8 Million, Tax wise.
I know what you are going to try to claim, and you will be wrong.

Ready, Set, GO!

Yes, but it's not worth it.

It's not worth working for another $1 Million dollars, if I'm only going to get $410K. Why bother working to earn the $1 Million, if I'm only going to get the $400K?

Again, why do you think Warren Buffet set his own salary to just $100,000 a year?

Famous story about Ronald Reagan, who was a Democrat. He was working in the movie industry, and the tax rate was 70%. As a result, he intentionally planned out his work, so that when he reached near the top marginal rate... he just stopped working. He would go to his ranch, and ride his horses.

Wealthy people are no different.

If you take away the incentive to engage in productive actions... like jack up taxes so they lose most of what they earn..... then they are simply not going to earn it.

Now the mythology you are living in, is that they are going to give that money to the employees.

Not how life works. Instead, they'll just invest outside the US, where they can shelter the income from taxes.
Or, they'll buy a company resort.
Or, they lobby congress for a tax exemption.
Or, they will invest in tax free bonds.
Or or or or or or or or..... and the list goes on indefinitely.

Your system has never worked. Never.

 

[Andylusion]

Hold on. I'll argue with you about your opinion, but this history rewriting, no....

The Myth of "Nazi Capitalism" | Chris Calton

Ludwig Von Mises wrote all the way back in the 1950s..... the National Socialism, was in fact socialism. The Nazis were not capitalist free-market people.

“In Nazi Germany,” Mises tells us, the property owners “were called shop managers or Betriebsführer. The government tells these seeming entrepreneurs what and how to produce, at what prices and from whom to buy, at what prices and to whom to sell. The government decrees at what wages labourers should work, and to whom and under what terms the capitalists should entrust their funds. Market exchange is but a sham. As all prices, wages and interest rates are fixed by the authority, they are prices, wages and interest rates in appearance only; in fact they are merely quantitative terms in the authoritarian orders determining each citizen’s income, consumption and standard of living. The authority, not the consumers, directs production. The central board of production management is supreme; all citizens are nothing else but civil servants. This is socialism with the outward appearance of capitalism. Some labels of the capitalistic market economy are retained, but they signify here something entirely different from what they mean in the market economy.”
​

Yeah, it was more "capitalist" than the Russian version, where they just killed everyone and stole their stuff.

But leaving the "shop managers" in place, is about as close to free-market capitalism as it got. The state controlled everything. They controlled what you produced, what prices you charged, and what people got paid.... EVERYTHING. There's a famous (if questionable) statement by Hitler himself, where he said (paraphrasing) "It doesn't matter to me if you own the cow.... as long as I own you".

Meaning, yeah on paper you own that manufacturing plant... but I'm telling you what you are going to manufacturer, and what price you'll charge, and who you'll employ, and so on.

And by the way, this is why German Socialism was superior to Russian Socialism. This is why the Russians were handing out rifles to every 5th soldier during the deployment. I told you in the other post, how terrible it is for the people with the knowledge and skills to leave the country.

The Russians killed all the people who knew out to make stuff work. That's why their entire economy imploded. While the German economy was clearly damaged by their socialistic controls, they didn't kill the people who knew how to make the businesses in the country run. They controlled them, yes, and that was harmful, but not nearly as bad as simply killing them all off like the Russians did.

But this mindless stupidity being puked out of universities today, that Hitler had a free-market capitalist economy.... I don't blame you for thinking that given the number of idiots in universities who have spouted this crap... but is crap. The people who were there, like Mises, who documented how the Nazis worked.... it wasn't free-market capitalism.... any more than me putting a gun to your head, and telling you to work.... is really voluntary exchange. BULL CRAP.

And without the rich the poor would not be poor.

Again... the rich left Cuba, and they left Venezuela, and they left N.Korea.

The people there..... are super freakin poor. More poor, than anyone here in the US. The poorest of the poor in the US, I don't see them eating grass like N.Korea. I don't see families, without mental illness, working a job.... and living in a refrigerator box, like they do in Cuba. There was a documentary that came out some years ago, where people were going to University to get a degree.... in order to be a waiter at a restaurant in Cuba.

No rich..... extremely extremely poor.

People are poor in the US because they get crappy jobs. There is no need for crappy jobs.

If they didn't have crappy job, they would have no jobs.

Again, Cuba, Venezuela, N.Korea.... so on... Not having crappy jobs, doesn't mean that you'll magically have a good job.

That's a strange concept at face value. You are implying.... that if you eliminate crappy jobs, that people without skills, will either A: Magically get skills...... Or B: that jobs that require skills, will simply hire people without them..... because there are no crappy jobs, and so they hire people without skills.

This is a stupid ideology. If I run an auto repair bay..... I'm not hiring someone who can't fix a car, just because Walmart and McDonald's no longer exist.

If I need my water heater replaced, I'm not hiring someone who can't replace one.... just because there are no crappy jobs they can work.

The reason people get crappy jobs, is because they have crappy skills. It's not like all these people have degrees in nuclear physics, and are working at Wendy's because it..... well it exists.... and they are all just waiting for you to come along and ban crappy jobs, and then they'll all work NASA or SpaceX or something.

All these Ph.Ds all flipping burgers over, just waiting for the day you'll be elected and ban Wendy's, so they can go get their Quantum Physics job.

It's not happening dude. The reason people work at Wendy's is because they are not qualified to work elsewhere. You eliminating those jobs, doesn't make them qualified elsewhere. So you get rid of no-skill jobs, just means that no-skill people will be unemployed.

Yeah yeah, you capitalism guys insist on that because evil is qual to socialism. But National Socialism is not regular socialism and therefor not comparable. All the companies you know, Messerschmitt, Mercedes, Auto Union, ect were pricately owned. You are just forming your own reality like idiots. I am long enough here and I can say that because it is true.

Right....... ok... so I'm going place my bets on the 50 years plus of research on how the Nazi economy actually worked, research done by world renowned economists and historians..... over the words of random internet poster.

So if you want to play the appeal to authority game.... I gotta let you know, that evidence from people like Mises, verses "Bleipriester" on authority... you lose that game.

Moreover, I just posted an article about how "they were privately owned" only in word, but not in practice. So repeating that they were privately owned, when I already said openly that in practice the government controlled every aspect of the companies..... doesn't make your point any more relevant.

Owning something on paper, doesn't matter, if I can control every single aspect of your life. The whole point of private ownership, is that you can do with your stuff, whatever you want. Because.... you own it.

If I can control when you drive your car, how far you can drive it, what places you can drive it to, and control who is allowed in your car.... do you really own the car? Answer..... No. You don't.

This doesn't seem to be that difficult of a concept, so I'm not sure why you keep stumbling over it. You might give your son, a room to sleep in.... but do they own that room? No. Can you control what they do in that room? Yes. They don't own it.

Similarly, businesses in German might have been their private property on paper.... but the Nazi controlled everything that you did. Who hired, how much you paid, what product you made, where you bought supplies from, and who you sold products to. Yes, on paper, I get it.... it was privately owned on paper. In reality, the Nazis controlled nearly everything.

Now you can keep lying to yourself, in the face of 50 years of research to the contrary, but that just makes you an idiot. Time to grow up..... seriously.

You have no idea about "Nazi Germany" and it will be this way for every so I am saving the trouble of elaborating.
Some simple example:
Junkers was pressured to sell his company when he refused to make war planes.

I appreciate you realizing that your false claims are unwanted. I wish all left-wingers would grasp this, so as to drastically reduce the garbage spewed on this forum.

Junkers was pressured to sell his company when he refused to make war planes.

Um...... if you are going to stop posting lies... please follow through with what you said... and stop posting lies.

In 1934 Junkers was placed under house arrest, and died at home in 1935 during negotiations to give up the remaining stock and interests in Junkers. Under Nazi control, his company produced some of the most successful German warplanes of the Second World War.
​

So.... now your very own example.... proved my entire point.

Will you stop with your failure to convince us of lies now?

You proved what I said. You are not serious, a liar in fact. Unwanted, false claims is what you post here.

Alright, thank you for your time. You are no longer wanted here. Have a good one.

 

[Andylusion]

What I am saying is...... DO IT......

This is the problem with you people. You spout off about things you don't know.... but you never put your money where your mouth is.

Stop preaching...... and DO IT..... shut your yapping mouth flopping around all the time..... AND DO IT YOURSELF.

I owned a business where I installed putting greens for people at their homes.
It was hard work. Now I'm older and don't do it anymore.
Materials, not labor, cost me $4 per square foot, and I sold the finished product for $15-$18 per square foot.
There were parts of the job that required more than 1 person, so I hired HS athletes at $15 per hour, in 2001.
I could have paid them $10 per hour, but I choose to pay them more. Is that ok with you.
I still made a good profit for the particular job.
Profit and expenses depended on the size of the putting green.
So, I've been that small business owner.

I highly doubt you could have paid them $10/hour.

Why would I do hard work for you...... for $10/hour..... when I can get a job at Wendy's for $10/hour?

This is one of the problems with people like you..... You claim, that you were being generous, when you were not.
Further, you claim that because you could pay your employees more, that magically everyone can.

No you can't.

Beware the Consequences of a $15 Minimum Wage

I understand the emotional appeal of such a move, and, like most entrepreneurs, I have no problem paying employees as much as the business can afford. My partners feel the same way. But if $15 per hour becomes our entry-level wage, there will be consequences. We will have to make significant changes to our operations to stay in business. Jobs will be lost.
​

Your little business... is just your business. Just because YOUR business was able to pay more, doesn't mean magically all businesses can.

 

[Bleipriester]

Yeah yeah, you capitalism guys insist on that because evil is qual to socialism. But National Socialism is not regular socialism and therefor not comparable. All the companies you know, Messerschmitt, Mercedes, Auto Union, ect were pricately owned. You are just forming your own reality like idiots. I am long enough here and I can say that because it is true.

Right....... ok... so I'm going place my bets on the 50 years plus of research on how the Nazi economy actually worked, research done by world renowned economists and historians..... over the words of random internet poster.

So if you want to play the appeal to authority game.... I gotta let you know, that evidence from people like Mises, verses "Bleipriester" on authority... you lose that game.

Moreover, I just posted an article about how "they were privately owned" only in word, but not in practice. So repeating that they were privately owned, when I already said openly that in practice the government controlled every aspect of the companies..... doesn't make your point any more relevant.

Owning something on paper, doesn't matter, if I can control every single aspect of your life. The whole point of private ownership, is that you can do with your stuff, whatever you want. Because.... you own it.

If I can control when you drive your car, how far you can drive it, what places you can drive it to, and control who is allowed in your car.... do you really own the car? Answer..... No. You don't.

This doesn't seem to be that difficult of a concept, so I'm not sure why you keep stumbling over it. You might give your son, a room to sleep in.... but do they own that room? No. Can you control what they do in that room? Yes. They don't own it.

Similarly, businesses in German might have been their private property on paper.... but the Nazi controlled everything that you did. Who hired, how much you paid, what product you made, where you bought supplies from, and who you sold products to. Yes, on paper, I get it.... it was privately owned on paper. In reality, the Nazis controlled nearly everything.

Now you can keep lying to yourself, in the face of 50 years of research to the contrary, but that just makes you an idiot. Time to grow up..... seriously.

You have no idea about "Nazi Germany" and it will be this way for every so I am saving the trouble of elaborating.
Some simple example:
Junkers was pressured to sell his company when he refused to make war planes.

I appreciate you realizing that your false claims are unwanted. I wish all left-wingers would grasp this, so as to drastically reduce the garbage spewed on this forum.

Junkers was pressured to sell his company when he refused to make war planes.

Um...... if you are going to stop posting lies... please follow through with what you said... and stop posting lies.

In 1934 Junkers was placed under house arrest, and died at home in 1935 during negotiations to give up the remaining stock and interests in Junkers. Under Nazi control, his company produced some of the most successful German warplanes of the Second World War.
​

So.... now your very own example.... proved my entire point.

Will you stop with your failure to convince us of lies now?

You proved what I said. You are not serious, a liar in fact. Unwanted, false claims is what you post here.

Alright, thank you for your time. You are no longer wanted here. Have a good one.

Thanks for your decision. It might be ignored.

 

[francoHFW]

People with the financial IQ's to create and maintain billion dollar nest eggs, they don't get there by hoarding their money away in a vault. The only time the money of a super wealthy individual lays dormant is if said individual doesn't see any opportunity to turn that money into more money. Want the rich to invest more? Stop disincentivizing investment.

Waltons, Heirs of WalMart Founder. All worth 50+ Billion.
Rob , Alice , Jim each over 70 years old and living in mansions.
These people pay most of their employees a minimum wages, and many have to work multiple jobs.
This is NOT ok.

Microsoft paid their employees.
Even the Janitors that started out with Microsoft are millionaires today.
This is what Capitalism is or should be.
Allen and Gates could have paid the Janitors minimum wages, but they didn't, and
they still were the richest men in the world.

Not entirely true. You claim that Microsoft paid their employees... and even the janitor ended up millionaires.

You are implying that Microsoft was dishing out the cash. That is not true. Microsoft paid their employees very little at the start, and barely average wages once the company was growing considerably.

The way in which these employees became millionaires, is that Microsoft had company stock, as part of the compensation package. This is no different than Walmart's employee stock purchase program, where you can buy company stock (for I believe just $1).

The reason is because Microsoft grew dramatically as a company, this resulted in the value of that stock growing dramatically as well. Thus all those employees ended up millionaires.

But Microsoft was not paying the Janitor $100/hour to clean toilets. The Janitor simply was taking advantage of the company stock compensation, when the company was growing.

Walmart, and Microsoft, are treating their employees identically. The only difference is, Microsoft grew dramatically, and Walmart is not.

The irony of this conversation is that if Walmart did grow dramatically, you people on the left, would be screaming and throwing a hissy fit.... and we know this because every time Walmart gets larger, you protest it.

And here's the problem with you complaining about wealthy people.

Do you know what would happened, if the Walton heirs were poor? Nothing.

How many people gain something, when a wealthy person loses money? Zero.

Do remember back in 2008, when the Walton's lost a huge portion of their wealth when the stock market crash? I remember this. You know how many people, woke up the next day with a new car, because the Walton's lost money? None.

View attachment 290196

From 2007 to 2009, the richest 400 people in this country, collectively lost half a Trillion dollars. Almost 1/4th their total net worth.

Remember all those Americans that woke up the next morning, with new homes, new cars, and so on? No? Me neither.

So if wealthy people losing their wealth helps NO ONE........ then why do you care? You know why? Greed, and Envy. That's the reason you care. It doesn't help anyone, for the Walton's to be poor.

You know this. You know it would help no one. The reason you care how much a wealthy person has, is because if you can't have it, then darn it no one should.

That's it. An entire ideology of greed and envy.

Pure baloney, super duper. after 35 years of give away to the rich and screwing everyone else, we now have the worst inequality and upward Mobility ever anywhere and our infrastructure is falling apart. Great job! Education and training has never been more expensive and we have the worst perks of any citizens in the modern world. All to save the greedy idiot GOP rich and giant corporations from paying their fair share. Only brainwashed functional GOP moron voters make this possible....

We need to stop being afraid to hurt the feelings of the wealthy
They can take it
Working Americans have been taking it for 35 years and making due with less. I’m sure our wealthiest can survive in that scenario

We're not 'afraid of hurting the feelings of the wealthy'.

We're afraid of you, operating on the lunacy of "Use a loss, to pay for schools and healthcare", destroying the entire country. That's what is scary. People like you, operating on economically suicidal policies, have destroyed entire countries. You are who we are afraid of, and rightly so. We'll be digging through trash cans for moldy bread, with the stupidity you keep pushing.

Funny how every other modern country can support socialism Health Care daycare cheap college and training except us the richest country in the world. Thanks to you idiots. And the lying propagandizing scumbag greedy asshole GOP.

 

[Andylusion]

Why the New York Times Endorsed a $0 Minimum Wage (and You Should Too)

So, there it is. A higher minimum wage means fewer jobs for the unskilled people. How do you expect them to gain skills with no jobs in which to be trained? We even have a crack down on internships (which are geared towards the highest skilled and highest educated of our young people) to require payment for those jobs, except under the strictest of circumstances.

One thing that proponents of a higher minimum wage often forget is that the purpose of a job is to make money for the boss, not to provide an income for someone. If the boss can't make money off an employee's labor, it's not worth the hassle to hire the person.

I, for example, am a Solopreneur, so I have no employees. However, I have lots of people who work for me. Take for instance, my cleaning lady. She's fabulous. We live in a high cost of living area, and I want the best cleaning lady around, so I pay her an above market wage. However, what she earns is still less than I can earn in the time that she's cleaning my house. If she doubled her rates, it wouldn't be worth it to me to pay her.
​

Yeah, you can pay more in your business. That doesn't apply to everyone else.

 

[Not2BSubjugated]

People with the financial IQ's to create and maintain billion dollar nest eggs, they don't get there by hoarding their money away in a vault. The only time the money of a super wealthy individual lays dormant is if said individual doesn't see any opportunity to turn that money into more money. Want the rich to invest more? Stop disincentivizing investment.

Waltons, Heirs of WalMart Founder. All worth 50+ Billion.
Rob , Alice , Jim each over 70 years old and living in mansions.
These people pay most of their employees a minimum wages, and many have to work multiple jobs.
This is NOT ok.

Microsoft paid their employees.
Even the Janitors that started out with Microsoft are millionaires today.
This is what Capitalism is or should be.
Allen and Gates could have paid the Janitors minimum wages, but they didn't, and
they still were the richest men in the world.

So you've listed an example of what you believe to be bad billionaires, and then an example of what you believe to be a good billionaire. Fine, I just don't see how this is, in any way, shape, or form, a response to what I've said.

The WalMart Corporation clearly could pay their workers more, even if the demand for their work didn't call for a higher wage.
The Waltons would be just fine if their net worth was only 40 Billion rather than 50 Billion.
Paying more in Salary to their employees would benefit the economy and not affect the Waltons (I'm talking daily spending habits of the Walton, not their Loss of 10 Billion). it's the RIGHT thing to do. Put that money in the economy.

That's all great, but has nothing to do with the crux of the conversation we were having.

The point that you made with which I disagreed was that the ultra wealthy take their money and just park it in off shore banks where it doesn't circulate. Now you're off on some tangent about how the Walmart people are bad. I don't care about THAT conversation. Go have it with someone else.

 

[rightwinger]

Waltons, Heirs of WalMart Founder. All worth 50+ Billion.
Rob , Alice , Jim each over 70 years old and living in mansions.
These people pay most of their employees a minimum wages, and many have to work multiple jobs.
This is NOT ok.

Microsoft paid their employees.
Even the Janitors that started out with Microsoft are millionaires today.
This is what Capitalism is or should be.
Allen and Gates could have paid the Janitors minimum wages, but they didn't, and
they still were the richest men in the world.

Not entirely true. You claim that Microsoft paid their employees... and even the janitor ended up millionaires.

You are implying that Microsoft was dishing out the cash. That is not true. Microsoft paid their employees very little at the start, and barely average wages once the company was growing considerably.

The way in which these employees became millionaires, is that Microsoft had company stock, as part of the compensation package. This is no different than Walmart's employee stock purchase program, where you can buy company stock (for I believe just $1).

The reason is because Microsoft grew dramatically as a company, this resulted in the value of that stock growing dramatically as well. Thus all those employees ended up millionaires.

But Microsoft was not paying the Janitor $100/hour to clean toilets. The Janitor simply was taking advantage of the company stock compensation, when the company was growing.

Walmart, and Microsoft, are treating their employees identically. The only difference is, Microsoft grew dramatically, and Walmart is not.

The irony of this conversation is that if Walmart did grow dramatically, you people on the left, would be screaming and throwing a hissy fit.... and we know this because every time Walmart gets larger, you protest it.

And here's the problem with you complaining about wealthy people.

Do you know what would happened, if the Walton heirs were poor? Nothing.

How many people gain something, when a wealthy person loses money? Zero.

Do remember back in 2008, when the Walton's lost a huge portion of their wealth when the stock market crash? I remember this. You know how many people, woke up the next day with a new car, because the Walton's lost money? None.

View attachment 290196

From 2007 to 2009, the richest 400 people in this country, collectively lost half a Trillion dollars. Almost 1/4th their total net worth.

Remember all those Americans that woke up the next morning, with new homes, new cars, and so on? No? Me neither.

So if wealthy people losing their wealth helps NO ONE........ then why do you care? You know why? Greed, and Envy. That's the reason you care. It doesn't help anyone, for the Walton's to be poor.

You know this. You know it would help no one. The reason you care how much a wealthy person has, is because if you can't have it, then darn it no one should.

That's it. An entire ideology of greed and envy.

Pure baloney, super duper. after 35 years of give away to the rich and screwing everyone else, we now have the worst inequality and upward Mobility ever anywhere and our infrastructure is falling apart. Great job! Education and training has never been more expensive and we have the worst perks of any citizens in the modern world. All to save the greedy idiot GOP rich and giant corporations from paying their fair share. Only brainwashed functional GOP moron voters make this possible....

We need to stop being afraid to hurt the feelings of the wealthy
They can take it
Working Americans have been taking it for 35 years and making due with less. I’m sure our wealthiest can survive in that scenario

We're not 'afraid of hurting the feelings of the wealthy'.

We're afraid of you, operating on the lunacy of "Use a loss, to pay for schools and healthcare", destroying the entire country. That's what is scary. People like you, operating on economically suicidal policies, have destroyed entire countries. You are who we are afraid of, and rightly so. We'll be digging through trash cans for moldy bread, with the stupidity you keep pushing.

Funny how every other modern country can support socialism Health Care daycare cheap college and training except us the richest country in the world. Thanks to you idiots. And the lying propagandizing scumbag greedy asshole GOP.

We don’t need it when we have a military larger than the next eight countries combined
We know our priorities

 

[Mac-7]

The democrat party is stumbling toward socialism on a massive scale

But they will need total control of congress and the white house to make it happen

And they are far from that

They will use activist judges, lawyers, and or force to get it done.

You know how we will respond?

We won't, just like history has shown.

I’m aftaid you are probaly right

Responsible gun owners are law abiding citizens

Even laws they disagree with

But thugs in the ghetto, terrorists and other bad actors will not disarm

And being democrat voters the government will do nothing about them

 

[DBA]

How would it prevent them from doing that? What's government going to do, force industry into a price freeze for their products or services? Perhaps create law that they must provide wage increases even if they no longer have the resources to provide for those increases? Please walk me through the dynamics of that.

Well....let’s start by returning tax rates on the wealthy to where they were before we started this supply side lunacy

We also need to move away from just income tax. The super wealthy will take very little income. They are compensated through stock options and other dodges that grow wealth but don’t count as income

I’d like to see a minimal sales tax on all stock and real estate transactions. This way, when they move their money around, they are taxed on it

Also tax capital gains at the same rate as personal income taxes

You guys still don't get that the wealthy, with their huge investments, are what help this country. It is why 50% have money in the stock markets. Pensions are paid through investments in the markets. When the stock market goes down, everything goes down. The markets will go way down if you discourage investment. That is a no brainer. You guys are fighting for the 50% of people who have nothing in the market, have little understanding of economics and have very little if anything to lose from any of these leftist policies because they don't have any skin in the game...they don't pay income or capitial gains taxes.

Markets are now the wealthy obtain wealth without being required to pay taxes. Put a small fee on each transaction. Brokers do it, why not the government.

That 50 percent of the population has 2/10 of a percent of the wealth. They are the ones working their whole lives for little gain. They are the ones generating wealth but receiving very little

You pay taxes on the money you make in the market, but you don't have to pay those taxes until you sell your stock. You could have Amazon for ten years, made a million dollars, and not pay a dime in taxes. But your realized profit will be taxed after you sell your stock, or if you pass away and it's liquidated to your family.

Very true
You can sit on that money indefinitely. Now, under Trump, you don’t have to pay inheritance tax when you pass it on.

That is why I want a fee on each transaction

Why should anyone pay taxes on money they don't have? Until you sell the stock, you don't have the money. What if you pay taxes on the gain and the stock plummets to below what you bought it for? Do you get a refund.

I swear you guys must be poor as church mice with absolutely not money in the markets. No understanding of them at all.

 

[DBA]

my friends, i dont think anybody should die because they cant afford to see a doctor.

is that really so radical? IS THAT REALLY SO RADICAL?

And this doesn't happen. Anyone, even illegals, can get free healthcare in this country. The Democrats have fooled the lemmings with this crap.

 

[blastoff]

Bloomberg ^ | November 15, 2019

No excerpt from Bloomberg allowed, story here. She wants a 59% top income tax rate and to tax unrealized capital gains yearly, including real estate and business holdings.

REMEMBER VOTE DEMONRAT SO YOU CAN GO BROKE AND HAVE TO GIVE YOUR HOUSE TO AN ILLEGAL INVADER, OR MUSLIM TERRORIST!

That bitch knows what she is doing
Long overdue

Also tax Capital Gains at the same rate as personal income

At least you got the bitch part right.

 

[rightwinger]

Bloomberg ^ | November 15, 2019

No excerpt from Bloomberg allowed, story here. She wants a 59% top income tax rate and to tax unrealized capital gains yearly, including real estate and business holdings.

REMEMBER VOTE DEMONRAT SO YOU CAN GO BROKE AND HAVE TO GIVE YOUR HOUSE TO AN ILLEGAL INVADER, OR MUSLIM TERRORIST!

That bitch knows what she is doing
Long overdue

Also tax Capital Gains at the same rate as personal income

How do you feel about the 'unrealized' capital gains tax? Hmmm?

Leave them alone but tax them at the same rate as the personal tax rate when realized

I advise going after wealth with a small fee on each stock and real estate transaction. Keeps them from hiding their wealth

 

[rightwinger]

Bloomberg ^ | November 15, 2019

No excerpt from Bloomberg allowed, story here. She wants a 59% top income tax rate and to tax unrealized capital gains yearly, including real estate and business holdings.

REMEMBER VOTE DEMONRAT SO YOU CAN GO BROKE AND HAVE TO GIVE YOUR HOUSE TO AN ILLEGAL INVADER, OR MUSLIM TERRORIST!

That bitch knows what she is doing
Long overdue

Also tax Capital Gains at the same rate as personal income

At least you got the bitch part right.

Shit yea!

That bitch drives Republicans nuts. So much so that Trump wants to send her back to her “country”

 

[HappyJoy]

Bloomberg ^ | November 15, 2019

No excerpt from Bloomberg allowed, story here. She wants a 59% top income tax rate and to tax unrealized capital gains yearly, including real estate and business holdings.

REMEMBER VOTE DEMONRAT SO YOU CAN GO BROKE AND HAVE TO GIVE YOUR HOUSE TO AN ILLEGAL INVADER, OR MUSLIM TERRORIST!

That bitch knows what she is doing
Long overdue

Also tax Capital Gains at the same rate as personal income

If there was a gang of thieves robbing the houses in your neighborhood, and those thieves had police protection, would you fall for the dumbass idea that the way to solve that problem would be to tax the people in a richer neighborhood more?

That's what the Democrats are suggesting.

Historically low taxes on the top end. I guess you thought lowering taxes in a time of war was a good idea too.

 

[rightwinger]

Well....let’s start by returning tax rates on the wealthy to where they were before we started this supply side lunacy

We also need to move away from just income tax. The super wealthy will take very little income. They are compensated through stock options and other dodges that grow wealth but don’t count as income

I’d like to see a minimal sales tax on all stock and real estate transactions. This way, when they move their money around, they are taxed on it

Also tax capital gains at the same rate as personal income taxes

You guys still don't get that the wealthy, with their huge investments, are what help this country. It is why 50% have money in the stock markets. Pensions are paid through investments in the markets. When the stock market goes down, everything goes down. The markets will go way down if you discourage investment. That is a no brainer. You guys are fighting for the 50% of people who have nothing in the market, have little understanding of economics and have very little if anything to lose from any of these leftist policies because they don't have any skin in the game...they don't pay income or capitial gains taxes.

Markets are now the wealthy obtain wealth without being required to pay taxes. Put a small fee on each transaction. Brokers do it, why not the government.

That 50 percent of the population has 2/10 of a percent of the wealth. They are the ones working their whole lives for little gain. They are the ones generating wealth but receiving very little

You pay taxes on the money you make in the market, but you don't have to pay those taxes until you sell your stock. You could have Amazon for ten years, made a million dollars, and not pay a dime in taxes. But your realized profit will be taxed after you sell your stock, or if you pass away and it's liquidated to your family.

Very true
You can sit on that money indefinitely. Now, under Trump, you don’t have to pay inheritance tax when you pass it on.

That is why I want a fee on each transaction

Why should anyone pay taxes on money they don't have? Until you sell the stock, you don't have the money. What if you pay taxes on the gain and the stock plummets to below what you bought it for? Do you get a refund.

I swear you guys must be poor as church mice with absolutely not money in the markets. No understanding of them at all.

You are only paying a fee when you buy and sell
That is money you have

 

[The Purge]

Bloomberg ^ | November 15, 2019

No excerpt from Bloomberg allowed, story here. She wants a 59% top income tax rate and to tax unrealized capital gains yearly, including real estate and business holdings.

REMEMBER VOTE DEMONRAT SO YOU CAN GO BROKE AND HAVE TO GIVE YOUR HOUSE TO AN ILLEGAL INVADER, OR MUSLIM TERRORIST!

That bitch knows what she is doing
Long overdue

Also tax Capital Gains at the same rate as personal income

How do you feel about the 'unrealized' capital gains tax? Hmmm?

Leave them alone but tax them at the same rate as the personal tax rate when realized

I advise going after wealth with a small fee on each stock and real estate transaction. Keeps them from hiding their wealth

So says the man with no stocks or 401K's that 150 MILLION AMERICANS have and we KNOW once a DemonRAT has a tax on something, the PAIN is only increased each year!

 

[The Purge]

Bloomberg ^ | November 15, 2019

No excerpt from Bloomberg allowed, story here. She wants a 59% top income tax rate and to tax unrealized capital gains yearly, including real estate and business holdings.

REMEMBER VOTE DEMONRAT SO YOU CAN GO BROKE AND HAVE TO GIVE YOUR HOUSE TO AN ILLEGAL INVADER, OR MUSLIM TERRORIST!

That bitch knows what she is doing
Long overdue

Also tax Capital Gains at the same rate as personal income

At least you got the bitch part right.

Shit yea!

That bitch drives Republicans nuts. So much so that Trump wants to send her back to her “country”

She and Bernie are the BEST REASON that America will vote Trump back in!

 

[MAGAman]

Won't effect/affect me one bit.....go for it!

Killing the golden goose effects everyone.

 

[MAGAman]

Sure. I'm sure it's very common that working people have a IRA that's around or over a million bucks. To commies, you are rich. You don't need that money--government does. We all know what you will do with that money, and we all know what government will do with that money.

Democrats need a 6th grade economics course.

Money to the government increased after Trump / GOP tax cuts.
.
Making yourself feel better by screwing successful people won't help failures.