- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Biden reportedly planning first major tax hike since 1993
Posted on 3/15/21 at 12:38 pm to mmmmmbeeer
Posted on 3/15/21 at 12:38 pm to mmmmmbeeer
quote:
That corporate rate dropped dramatically under Trump and, despite CEO surveys indicating an impressive amount of that savings would trickle down to employees and domestic production/relocation, it never materialized. frick them. Go back to taxing them the way they were (which was higher than 28%).
Hey man, if you don't like it, why don't you move to one of those commie countries in Scandinavia that don't have corporate taxes! Wait
0
Posted on 3/15/21 at 12:39 pm to mmmmmbeeer
quote:
The wealth gap in this country is problematic, to say the least, but can be somewhat mitigated by a reevaluation of taxation on the very top earners
Lol
Posted on 3/15/21 at 12:39 pm to mmmmmbeeer
quote:
The wealth gap in this country is problematic, to say the least, but can be somewhat mitigated by a reevaluation of taxation on the very top earners (aka, no one on the OT).
It’s “problematic “ is it? How much of your salary are you volunteering to redistribute to the proletariat?
Yeah, frick you.
Posted on 3/15/21 at 12:40 pm to tigerinthebueche
quote:
Lol that only those earning $400K+ will be affected. It’s gonna be spread on everyone except poverty stricken parasites.
Grab your cheeks and spread them wide. Your a-hole is about to get shredded.
The wealth gap has been a cornerstone of dem tax policy since supply-side economics entered the picture under Reagan. I can damn near guarantee you that you won't see tax increases if you make less than $400k/yr.
Also, people seem to forget how these increases work. If you make 500K/yr, the increase only applies to the last 100k. So an 8% tax hike on earners over $400 annually would only see their taxes go up $8k. A lot of folks thinks taxes on those folks would go up $40k (8% of total taxable income).
Posted on 3/15/21 at 12:40 pm to mmmmmbeeer
quote:
Go back to taxing them the way they were (which was higher than 28%).
They didn't pay them then either. They just moved their money to offshore tax havens. The big corporations aren't going to pay their fair share either way, but they are more likely to, if you make the idea of tax havens less attractive.
Posted on 3/15/21 at 12:40 pm to mmmmmbeeer
quote:
That corporate rate dropped dramatically under Trump and, despite CEO surveys indicating an impressive amount of that savings would trickle down to employees and domestic production/relocation, it never materialized. frick them. Go back to taxing them the way they were (which was higher than 28%).
personally, my boss blessed me with huge bonuses the last two years because of the cut in corporate tax rates.
i have a hard time believing that wealthy CEOs just stored that money and swam in it like Scrooge when you look at jobs numbers in Trump's first three years. They got richer and hired more people. Not mutually exclusive.
I have plenty of criticisms of Trump and his spending and liberalness, but he pretty much proved trickle down economics till COVID.
Posted on 3/15/21 at 12:41 pm to mmmmmbeeer
quote:
That corporate rate dropped dramatically under Trump and, despite CEO surveys indicating an impressive amount of that savings would trickle down to employees and domestic production/relocation, it never materialized.
Never materialized per MSNBC?
Posted on 3/15/21 at 12:41 pm to kywildcatfanone
quote:You always say this like everyone on this website didn't vote straight R
Elections have consequences.
Posted on 3/15/21 at 12:42 pm to Centinel
quote:
Thankfully we have a strong and articulate President
Posted on 3/15/21 at 12:42 pm to Darth_Vader
quote:
Yeah, frick you.
You know the biggest problem in these debates?
People making a decent salary or owning a small business acting like they're rich. You're not. You're literally sticking up for people who look down their noses at you.
Posted on 3/15/21 at 12:43 pm to red sox fan 13
quote:
You always say this like everyone on this website didn't vote straight R
They didnt. Several tax and spend lovers here
Posted on 3/15/21 at 12:43 pm to texasmason
Posted on 3/15/21 at 12:45 pm to texasmason
I hate this back and forth on tx code. The vast majority of people enjoyed a benefit from Trump's overhaul. Why mess with it?
This is also why I will just keep getting $4-7k refunds. Trump brought us into the child tax credit range which gave us a direct credit of $6k each year. But I don't want to adjust withholdings to bring that down because I assume at some point some Dem is going to take it away.
This is also why I will just keep getting $4-7k refunds. Trump brought us into the child tax credit range which gave us a direct credit of $6k each year. But I don't want to adjust withholdings to bring that down because I assume at some point some Dem is going to take it away.
Posted on 3/15/21 at 12:46 pm to mmmmmbeeer
quote:
People making a decent salary or owning a small business acting like they're rich. You're not. You're literally sticking up for people who look down their noses at you.
or we just don't hate them and know they pay the majority of taxes and don't see the necessity of demonizing them.
i don't care about rich assholes being greedy. go for it. but acting like they aren't paying for their "fair share" when 40% of the country doesn't pay income tax is laughable.
Posted on 3/15/21 at 12:46 pm to mmmmmbeeer
quote:
You know the biggest problem in these debates?
No, the problems is leaches like you that think you are entitled to other people's money.
This post was edited on 3/15/21 at 12:47 pm
Posted on 3/15/21 at 12:46 pm to 3nOut
quote:
I have plenty of criticisms of Trump and his spending and liberalness, but he pretty much proved trickle down economics till COVID.
GDP struggled to reach 4% after the tax cuts. It didn't trickle down, it went into pockets and stock buy backs.
Here is the CRS study on the cuts economic impacts. It was a giant loser.
Posted on 3/15/21 at 12:47 pm to mmmmmbeeer
What do you do for a living
Posted on 3/15/21 at 12:47 pm to BrockLee
quote:
where else will they get money from to rebuild America
Democrats don't want to rebuild America. This tax hike, along with these ridiculous "stimulus" bills, is aimed at continuing the destruction of this country.
Posted on 3/15/21 at 12:47 pm to mmmmmbeeer
Kinda how Obamacare was supposed to help all those unfortunate people without insurance right? It helped them alright and the working class watched their insurance rates triple or quadruple yearly. Like I said the working class (not the super rich) feel this everytime so take your shite over to Twitter or Facebook.
Posted on 3/15/21 at 12:47 pm to mmmmmbeeer
quote:
It was a giant loser.
Oh, the irony.
Page 3 of 11
Popular
Back to top
Follow TigerDroppings for LSU Football News