Started By
Message

re: Biden reportedly planning first major tax hike since 1993

Posted on 3/15/21 at 12:50 pm to
Posted by mmmmmbeeer
ATL
Member since Nov 2014
7461 posts
Posted on 3/15/21 at 12:50 pm to
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 by Y.A. Tittle
Member since Sep 2003
101748 posts
Posted on 3/15/21 at 12:50 pm to
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 by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79414 posts
Posted on 3/15/21 at 12:50 pm to
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 by FLBooGoTigs1
Nocatee, FL.
Member since Jan 2008
54795 posts
Posted on 3/15/21 at 12:51 pm to
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 by imjustafatkid
Alabama
Member since Dec 2011
51004 posts
Posted on 3/15/21 at 12:51 pm to
What an absolute disaster of a presidency, and it hasn't even been half a year.
Posted by LegendInMyMind
Member since Apr 2019
55099 posts
Posted on 3/15/21 at 12:51 pm to
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 by deltaland
Member since Mar 2011
91051 posts
Posted on 3/15/21 at 12:51 pm to
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.
Posted by dawgfan24348
Member since Oct 2011
49399 posts
Posted on 3/15/21 at 12:53 pm to
So back to what it used to be? Being a tad disingenuous there Fox
Posted by RIPMachoMan
Member since Jun 2011
5975 posts
Posted on 3/15/21 at 12:54 pm to
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 by Crow Pie
Neuro ICU - Tulane Med Center
Member since Feb 2010
25413 posts
Posted on 3/15/21 at 12:55 pm to
quote:

raising the corporate tax rate to 28% from 21%
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.
Posted by TDTOM
Member since Jan 2021
15051 posts
Posted on 3/15/21 at 12:55 pm to
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 by sgallo3
Dorne
Member since Sep 2008
24747 posts
Posted on 3/15/21 at 12:56 pm to
quote:

stock buy backs.


Ding ding winner. Also the reason the stock market is not a reflection of the economy
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120573 posts
Posted on 3/15/21 at 12:56 pm to
quote:

What do you do for a living


Starbucks barista
Posted by noonan
Nassau Bay, TX
Member since Aug 2005
36905 posts
Posted on 3/15/21 at 12:56 pm to
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 by LegendInMyMind
Member since Apr 2019
55099 posts
Posted on 3/15/21 at 12:56 pm to
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 by Cosmo
glassman's guest house
Member since Oct 2003
120573 posts
Posted on 3/15/21 at 12:56 pm to
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 by Sneaky__Sally
Member since Jul 2015
12364 posts
Posted on 3/15/21 at 12:57 pm to
Poliboard
Posted by mmmmmbeeer
ATL
Member since Nov 2014
7461 posts
Posted on 3/15/21 at 12:57 pm to
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 by Cosmo
glassman's guest house
Member since Oct 2003
120573 posts
Posted on 3/15/21 at 12:58 pm to
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 by sgallo3
Dorne
Member since Sep 2008
24747 posts
Posted on 3/15/21 at 12:58 pm to
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
Jump to page
Page First 2 3 4 5 6 ... 11
Jump to page
first pageprev pagePage 4 of 11Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram