Tax the Rich?

[BotanyBoy]

I like it when money is, among others, being used to take care of the infrastructure, the resources, and the protection of a country; to maintain and to improve the country.

If only those things were being taken care of with all that money.....problem is it seems no matter how much money we spend, that shit never happens, and the excuse is always that there isn't enough money!

Imagine that.....

Directly and indirectly, people make use of the facilities of the country they live in, and to me, it only seems fair they have to pay a fair share for that.

I highly doubt you think that.....I'd bet you want the rich to pay for it and cover most peoples share.

But just in case I'm wrong, define "fair share".

It is an investment,

It COULD be an investment....a lot of it however is just throwing good money at the black hole of corruption and greed.

I would hate it when people in my country would keep more of their money and lose their prosperity and well-being.

How do you lose prosperity and well-being by having more money/property???

 

[coachdb18pointfive]

But just in case I'm wrong, define "fair share".

10%.....

 

[phrodeau]

(edited)

How do you lose prosperity and well-being by having more money/property???

You really have no idea how to have a good life, do you? Sad.

 

[BotanyBoy]

10%.....

Wasn't asking you.

You really have no idea how to have a good life, do you? Sad.

How do you figure?

It's ok you don't actually have to reply.....I know you can't explain.

 

[coachdb18pointfive]

Wasn't asking you.

Public forum, if you intend to have a private discussion, try a PM...

I reiterate, for pubic discussion, a fair share is 10%

 

[BotanyBoy]

Public forum, if you intend to have a private discussion, try a PM...

I reiterate, for pubic discussion, a fair share is 10%

Wrong, a fair share is 20%!!!

 

[coachdb18pointfive]

Wrong, a fair share is 20%!!!

10% covers everything that is a NEED, 20% is NEEDS PLUS WANTS. If you simply want it, buy it yourself, but it isn't the responsibility of government to provide it to you.

 

[DawnODay]

With Trump screwing up the economy, which will hit the lower 99 percent, it's a joke about the tax law freeing up money for anyone but Trump and his buddies. Anyone who can't see that doesn't have much brain power.

I'm sincerely curious: How do you believe Trump is "screwing up the economy"?

 

[BotanyBoy]

Indeed, I do want the rich to pay more,

Thought so.

It is difficult for me to define "fair share".

That's because what you're talking about isn't at all fair.

It's punitive against those who are successful.

Fair is easy.....we tax on a percentage basis? Everyone pays the same %.

But most people don't like fair just like they don't like equality....they are always looking a step up, a double standard and equity. But "fair" and "equal" SOUND so much better.....so you just do the unfair shit and call it "fair" and "equal" anyhow.

The RW might be assholes but at least they are honest about their hierarchical nature.

There is nothing that justifies people having a million times more than hard-working people.

According to who??

Why not?

What is wrong with being rich as fuck?

I'm not challenging the right to have more than others

That's exactly what you're doing.

You just said nobody needs more than hard working people and explicitly support the government confiscating it for the prosperity and well being of the collective.

 

[BotanyBoy]

10% covers everything that is a NEED, 20% is NEEDS PLUS WANTS. If you simply want it, buy it yourself, but it isn't the responsibility of government to provide it to you.

How do you know??

Needs might be 12%....and how much has nothing to do with fair.

 

[phrodeau]

10% covers everything that is a NEED, 20% is NEEDS PLUS WANTS. If you simply want it, buy it yourself, but it isn't the responsibility of government to provide it to you.

And when it comes up short, we can always boost the national debt again.

 

[PrincepsCyberius]

And when it comes up short, we can always boost the national debt again.

I do not see anywhere that you found that a concern when President Obama nearly DOUBLED the debt accumulated under the 43 presidents preceding him.

 

[KeithD]

Obama, Hillary, Obama, Hillary (No, don't look at the shyster actually in office) Obama, Hillary, Obama, Hillary

 

[BotanyBoy]

Obama, Hillary, Obama, Hillary (No, don't look at the shyster actually in office) Obama, Hillary, Obama, Hillary

You won't look at the shyster actually in office when it's got a (D) in front of it's name.

Why should (R) partisans be any different than you???

 

[DawnODay]

When Republicans passed the Tax Cuts and Jobs Act in December, congressional Democrats denounced the legislation as a reckless attempt to help wealthy corporations at the expense of everyone else. House Minority Leader Nancy Pelosi, D-Calif., famously dismissed the law’s benefits to most taxpayers as “crumbs.”

Six months later, many of the groups Pelosi and other Democrats warned would be worse off as a result of the tax reform legislation — including minorities, women, and small businesses — are not only thriving, they are experiencing some of the most notable economic growth in the country's history....

As difficult as it may be for Pelosi and other advocates of higher taxes and more government control to admit, the successes of the Republican tax reform legislation clearly illustrate that when people are empowered to keep more of their own money, everyone in society benefits.​

J. Haskins, Six months in, tax cuts are already providing historic gains for minorities, women, and small businesses, Washington Examiner (Jul. 3, 2018).

 

[DawnODay]

Walgreens is investing $150 million to raise it’s in store wages and build community health initiatives thanks to the GOP's Tax Cuts and Jobs Act.

“We will be making select incremental investments of around $150 million in fiscal 2019, mainly in store wages, but also to fuel our new community health care initiatives,” said Walgreens CFO James Kehoe. “And you can view these in light of the favorable tax reforms in the US.”

In December, the Republican Congress passed the Tax Cuts and Jobs Act. The bill contained numerous pro-business reforms including full business expensing and cutting the corporate tax rate from 35% to 21%. Not a single Democrat voted for the bill.

Companies across the United States have responded positively to the tax cuts by passing on benefits to employees, customers, and local communities. Walgreens is the latest company to announce that they will be using their tax savings to help their employees and community.​

A. Marone, GOP Tax Cuts Boost Walgreens Wages, ATR (Oct. 12, 2018).

For a general survey of some key benefits of the recent tax reform, see, S. Hackbarth, Tax Reform Nine Months In: 600 Businesses (and Counting) Offer Raises, Bonuses, USCC (Sep. 21, 2018).

 

[DawnODay]

The Tax Cuts and Jobs Act has been one of the strongest and boldest reforms of President Donald Trump’s first term in office. According to analysis from The Heritage Foundation, the tax law will give hardworking Americans tax breaks in every congressional district and in every state.

Across the nation at large, the average American will take home on average $1,400 more of their paycheck in 2018. For married couples with two children, that figure doubles to just under $3,000.

While higher-taxed districts will see more in dollar savings as a result of the tax cuts, they are certainly not the only winners from the Trump tax cuts. In fact, lower-income districts will feel more relief in their tax burden, as they will see a higher percentage of their taxes cut than Americans in higher-income areas.

For example, in New York’s 15th Congressional District, tax filers on average will notice a decrease of over 30 percent in their tax bill in 2018.

All across the country, the manifestations of this policy are quite impressive. Americans are better off from the tax cuts because they get to keep a larger portion of their paychecks. Moreover, the changes in tax rates are providing better economic incentives leading to even higher paychecks.

Lower tax rates mean businesses invest more and consequently demand more labor. Greater labor demand means that businesses hire more workers and increase wages. As a result, American workers get a bigger piece of a bigger economic pie.

As a result, Texas’ 7th Congressional District can expect to see on average $35,000 more in take-home pay over the next 10 years. By the same year, a family of four in Virginia’s 10th Congressional District should enjoy an average of almost $70,000 of their own money back in their pocket. This money can then be spent on daycare, college tuition, or retirement savings, among many others.

Unfortunately, some in Congress have called to undo this tax reform, which would effectively wipe out the benefits of the law. According to our analysis, the cost of repealing the tax cuts in 2020 would be an average of $26,906 in lost income gains over the following 10 years. For a family of four, that cost would be over $45,000.

The Tax Cuts and Jobs Act is allowing Americans in every community across the nation to take home more of their paycheck. Congress should not only keep the law in place but should also work toward making the law permanent well before the its current 2025 “sunset” date.​

K. Dayaratna & R. Hein, Here’s How the Tax Cuts Are Helping Americans in Every State, Heritage Foundation (Oct. 29, 2018), citing K. Dayaratna, P. Sheppard & A. Michel, Tax Cuts in Every Congressional District in Every State, Heritage Foundation (Jul. 23, 2018).

 

[dan_c00000]

Lying racist dawn here. Not only do I lie about being a girl on the internet but I use massively racist sources to prove my racist point.

Going to be a really shitty week for you racist dawn. Here's a bunch of stuff for you to duck. Enjoy your Klan rally!

How The GOP Tax Plan Scrooges Middle Class, Retired And Poor

Senate GOP tax bill hurts the poor more than originally thought, CBO finds

TRUMP’S BROKEN PROMISES: GOP TAX BILL FILLS WEALTHY PEOPLE’S POCKETS, TAKES MONEY FROM MIDDLE CLASS, POOR

Here's How GOP's Tax Breaks Would Shift Money To Rich, Poor Americans

Just an FYI racist dawn. You really need to vet your sources. The Heritage Foundation is notorious for producing racist reports. Not to mention

Donald Trump And The Heritage Foundation: Friends With Benefits
For a group that doesn’t get along well with many Republicans, it seems to be getting along pretty nicely with Donald Trump.

Wow I caught dawn lying and using racist sources again! Will "she" respond? Will "she" get her alts to come after me? Poor racist dawn going to have a shitty week.

 

[Ireadforpleasure]

Going to be a really shitty week for you racist dawn. Here's a bunch of stuff for you to duck. Enjoy your Klan rally!

How The GOP Tax Plan Scrooges Middle Class, Retired And Poor

Senate GOP tax bill hurts the poor more than originally thought, CBO finds

TRUMP’S BROKEN PROMISES: GOP TAX BILL FILLS WEALTHY PEOPLE’S POCKETS, TAKES MONEY FROM MIDDLE CLASS, POOR

Here's How GOP's Tax Breaks Would Shift Money To Rich, Poor Americans

Just an FYI racist dawn. You really need to vet your sources. The Heritage Foundation is notorious for producing racist reports. Not to mention

Donald Trump And The Heritage Foundation: Friends With Benefits
For a group that doesn’t get along well with many Republicans, it seems to be getting along pretty nicely with Donald Trump.

Wow I caught dawn lying and using racist sources again! Will "she" respond? Will "she" get her alts to come after me? Poor racist dawn going to have a shitty week.

You know what I find to be (in a really sick, disgusting sort of way) funny?

Trump (and his Republican accomplices) were told that their tax-cuts for their rich buddies would dramatically increase the federal deficits and the national debt. They were all like, "No they won't! The tax-cuts will pay for themselves!"

The Republicans were lying of course, and Trump is creating massive deficits and adding historic debt.

Instead of admitting that we can't afford these massive giveaways to millionaires and billionaires, the Republicans are all like, "Oh shit! Massive deficits! We better steal trillions of dollars from Social Security and Medicare to pay for our reckless tax cuts!!"

 

[dan_c00000]

You know what I find to be (in a really sick, disgusting sort of way) funny?

Trump (and his Republican accomplices) were told that their tax-cuts for their rich buddies would dramatically increase the federal deficits and the national debt. They were all like, "No they won't! The tax-cuts will pay for themselves!"

The Republicans were lying of course, and Trump is creating massive deficits and adding historic debt.

Instead of admitting that we can't afford these massive giveaways to millionaires and billionaires, the Republicans are all like, "Oh shit! Massive deficits! We better steal trillions of dollars from Social Security and Medicare to pay for our reckless tax cuts!!"

The hypocrisy was always there. It has nothing to do with the debt though. It has everything to do with race and everything to do with helping the GOP rich donors.

For example, when Bush II, Reagan, and the Orange Nazi ran up the debt the Republicans did...nothing. Find me a Republican who's against the massive surveillance state. You can't, because there aren't any. The cost doesn't matter. (There's, of course, hypocrisy there too because the GOP is all about freedom! Unless, the NRA is taping brown people's phones, then they're all for it.) Of course when Obama simply continued Bush's policies in the war on terror AND saved the economy from Bush's horror show management of it what happened? Republicans suddenly cared about the debt. Republicans didn't even blink when Bush ran up gave away billions to bailout Wall Street. Eternal left wing boogie man George Soros was against the bailout. What's the difference? Well gee, was Bush II the whitest Bush?

Trump's history of lying about everything, but most especially his wealth, is well documented. It's not a shock that the tax bill benefited him personally to the tune of $15 million.

Racists like dawn, joe, bot, box, etc. all pretend they care about fiscal responsibility but they don't give a shit. As long as the rich get richer and the poor brown folk get put in their proper place they could care less about the GOP's actual economic policy.

 

[DawnODay]

“This economy is on fire and jobs are being created,” and it’s all thanks to President Trump’s sweeping tax overhaul, according to former McDonald’s USA CEO Opens a New Window. Ed Rensi....

“Our economy is setting records on daily basis,” he said. “There has never been a better time for the American worker.”

And according to Rensi, confidence is skyrocketing.

“Everything about the economy has given people confidence,” he said. “People have confidence now that the investments they make are going to pay off. I see it in McDonald’s where they are remodeling restaurants like crazy.”​

J. Limitone, Former McDonald's CEO: Trump tax cut ignites scorching economy, Fox Business (Nov. 6, 2018).

 

[dan_c00000]

Fox Business

Poor dawn. Once again caught using racist sources. More posts for racist dawn to duck. Going to have shitty week racist dawn.

The middle class needs a tax cut: Trump didn’t give it to them


Trump's 10% Middle-Class Tax Cut And China Trade Progress Is Fake News Before The Midterm Elections

Poor racist dawn. Always gets caught using racist sources. I feel bad for "her" pretending to be a girl on the internet and getting caught. Getting unmasked as a racist. Not to mention all "her" alts coming after me. I haven't heard from racist joe, box, or any of your other alts in a while dawn. What's the matter? Did they get blocked from your Klan rally?

Whenever you feel like using a non-racist source we'd love to see it racist dawn.

Like I said going to be a shitty week for you.

it’s not as exceptionally robust as Trump has proclaimed, and as Bloomberg reports, many Americans feel that they aren’t personally benefitting from the recent uptick in growth. Bloomberg’s analysis of recent wage trends finds that the big wage increases Republicans promised would result from their tax cuts have yet to materialize. Instead, inflation-adjusted hourly earnings are now slightly lower than they were a year ago.

 

[Papa-Joe]

https://www.economist.com/special-r...owerful-firms-are-becoming-even-more-powerful

 

[DawnODay]

A new Legislative Fiscal Bureau memo showing that Wisconsin’s finances remain in excellent shape is just the latest reminder that prudent budget management and tax relief—not higher taxes and more spending—are the keys to ensuring prosperity for all....

Eight years of conservative fiscal management put us on a better path. Our state has seen eight consecutive budget surpluses, and the latest figures show a $2.4 billion cushion entering the next budget. During the same time that lawmakers enacted $8 billion in tax relief over the last eight years, tax collections have grown by 24 percent.​

C. Rochester, Good Fiscal News Another Reminder That Cutting Taxes Is The Best Path to Prosperity for All, MacIver Institute (Jan 31, 2019) (emphasis added).

 

[YDB95]

The MacIver Institute is a right-wing think tank. You might as well ask Gov. Walker's mother for a review.