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re: Biden reportedly planning first major tax hike since 1993
Posted on 3/15/21 at 12:50 pm to TDTOM
Posted on 3/15/21 at 12:50 pm to TDTOM
quote:
No, the problems is leaches like you that think you are entitled to other people's money.
There's a very high chance I both make more money per year than you and also have a higher net worth.
I recognize that, despite having made a pretty damn good living, my pockets are getting lighter at the expense of not only those below me, but by those above me. I look out for me. You look out for your overlords.
Posted on 3/15/21 at 12:50 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.
Higher taxes on anyone will not improve such people's lots regardless of what they do or how they act.
Posted on 3/15/21 at 12:50 pm to mmmmmbeeer
quote:
I think the $400k threshold is too low for increases but really need to see the details to better evaluate (at least it's not the $250k Obama pushed). 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).
Narrator: It's not problematic at all other than people preaching that it's problematic and increasing angst between classes
Posted on 3/15/21 at 12:51 pm to 3nOut
quote:
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.
This
Hey here you go more stimulus money even though you don't work or pay taxes. Here you go a 7k tax return for having 3 kids with no baby daddy.
Posted on 3/15/21 at 12:51 pm to texasmason
What an absolute disaster of a presidency, and it hasn't even been half a year.
Posted on 3/15/21 at 12:51 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.
The fundamental difference between you and most here is that you believe the way to narrow the "wealth gap" is for Government to tax producers at an increasingly higher rate, to in turn give that tax windfall to the non-producers. Instead of fostering a competitive economy
that allows for corporations, industry, and business to expand and develop, thus providing jobs and "wealth" for those people. Taxes should not be a tool of closing the "wealth gap". Primarily because tax hikes suffer greatly from the "Law of Unintended Consequences". But, you don't give a shite about that because you have some warped Robin Hood view of economics.
Posted on 3/15/21 at 12:51 pm to texasmason
Here’s how it ends up:
Tax rate for rich will go up but include more tax breaks so most will not pay more. Can’t piss off the political donors.
Poors will get handouts to buy their vote.
Middle class and working class will take it up the arse and pay more, not by raising our rates because it’s too obvious but by eliminating or reduce tax breaks.
Tax rate for rich will go up but include more tax breaks so most will not pay more. Can’t piss off the political donors.
Poors will get handouts to buy their vote.
Middle class and working class will take it up the arse and pay more, not by raising our rates because it’s too obvious but by eliminating or reduce tax breaks.
Posted on 3/15/21 at 12:53 pm to texasmason
So back to what it used to be? Being a tad disingenuous there Fox
Posted on 3/15/21 at 12:54 pm to FLBooGoTigs1
quote:
Hey here you go more stimulus money even though you don't work or pay taxes. Here you go a 7k tax return for having 3 kids with no baby daddy.
I agree with this and I also think the top whatever percent could pay more than they do. I'm a mess
Posted on 3/15/21 at 12:55 pm to Eighteen
quote:In unrelated business news...Corporations randomly decide to raise consumer prices on goods and services purchased by all Americans by approximately 7-8% for reasons not yet explained.
raising the corporate tax rate to 28% from 21%
Posted on 3/15/21 at 12:55 pm to mmmmmbeeer
quote:
There's a very high chance I both make more money per year than you and also have a higher net worth.
We will never know this, but my point still stands.
Posted on 3/15/21 at 12:56 pm to mmmmmbeeer
quote:
stock buy backs.
Ding ding winner. Also the reason the stock market is not a reflection of the economy
Posted on 3/15/21 at 12:56 pm to NIH
quote:
What do you do for a living
Starbucks barista
Posted on 3/15/21 at 12:56 pm to texasmason
quote:
won't rely on just government debt as a funding source a
That's a sneaky way to talk about our tax dollars.
Posted on 3/15/21 at 12:56 pm to Crow Pie
quote:
In unrelated business news...Corporations randomly decide to raise consumer prices on goods and services purchased by all Americans by approximately 7-8% for reasons not yet explained.
In other words....shite rolls downhill.
Posted on 3/15/21 at 12:56 pm to Crow Pie
quote:
Corporations randomly decide to raise consumer prices on goods and services purchased by all Americans by approximately 7-8% for reasons not yet explained.
Because people are willing to pay it?
Plus printing money generally leads to inflation, despite the fed saying inflation is no big deal
This post was edited on 3/15/21 at 12:57 pm
Posted on 3/15/21 at 12:57 pm to LegendInMyMind
quote:
The fundamental difference between you and most here is that you believe the way to narrow the "wealth gap" is for Government to tax producers at an increasingly higher rate, to in turn give that tax windfall to the non-producers. Instead of fostering a competitive economy
that allows for corporations, industry, and business to expand and develop, thus providing jobs and "wealth" for those people. Taxes should not be a tool of closing the "wealth gap". Primarily because tax hikes suffer greatly from the "Law of Unintended Consequences". But, you don't give a shite about that because you have some warped Robin Hood view of economics.
Uh, no.
Our infrastructure fricking sucks. Increase taxes on the wealthiest, who have been making out like bandits for the last 40 years, and invest in this country. This creates jobs. Jobs create income. Income creates tax revenues and increases economic demand. Demand creates more jobs.
I am against redistribution.
Posted on 3/15/21 at 12:58 pm to mmmmmbeeer
quote:
Our infrastructure fricking sucks. Increase taxes on the wealthiest, who have been making out like bandits for the last 40 years, and invest in this country.
You trust the government to tax and spend responsibly? Lol my poor sweet summer child
This post was edited on 3/15/21 at 12:58 pm
Posted on 3/15/21 at 12:58 pm to Crow Pie
quote:
In unrelated business news...Corporations randomly decide to raise consumer prices on goods and services purchased by all Americans by approximately 7-8% for reasons not yet explained.
So you think that if they could raise their prices 8% and increase profits right now they wouldnt have already done so? You really dont understand how pricing works
This post was edited on 3/15/21 at 12:59 pm
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