That 1% also owns 40% of the nation's wealth, and only pays 39.5% of the taxes...
We don't tax wealth...just income.
That 1% also owns 40% of the nation's wealth, and only pays 39.5% of the taxes...
Huh, how about that. Who do you think that favors? Most of us rely an actual income to survive, not the wealth we already have. That wealth, when it is actually taxed usually is a capital gains tax, which can be greatly reduced through shrewd accounting techniques. That most of us aren't capable of benefiting from.We don't tax wealth...just income.
Huh, how about that. Who do you think that favors? Most of us rely an actual income to survive, not the wealth we already have. That wealth, when it is actually taxed usually is a capital gains tax, which can be greatly reduced through shrewd accounting techniques. That most of us aren't capable of benefiting from.
That's really interesting. How you'd implement that is very politically sensitive as evidenced by how strongly people feel about the inheritance tax. Maybe start a new topic to discuss.I've been an advocate of phasing out the income tax in favor of a wealth tax for some time. A hybrid model using both makes the most sense.
HFS!!!I've been an advocate of phasing out the income tax in favor of a wealth tax for some time. A hybrid model using both makes the most sense.
What exactly are you proposing?Absolutely correct. I really think the liberals who want to eliminate ICE are opposed to immigration enforcement. Many of them seem to want open borders. They certainly can't articulate what immigration laws they would support.
What exactly are you proposing?
Actually the Boarder Patrol's jurisdiction stops at 100 miles from any international border. Which is why ICE falls under Homeland Security.
We don't tax wealth...just income.
Which they hide in tax shelters, use loopholes, and outright lie to minimize the amount of their income, thus artifically paying far less taxes than they should.
What these blubbering idiots don't see is how this plays against them the other way.
Can you imagine what a Democrat could do in office if given this power that would make them absolutely go ballistic?
Fox News - Gone
Breitbart - Gone
Infowars - Gone
Rush - Gone
.....etc.
THEN...they would be crying TYRANNY!!!!!
How much do you think they should pay? The rich already pay a huge share of federal income taxes. The higher you make the rates they pay, the more incentive you give them to avoid paying taxes on that income. When that happens, the government gets nothing.
So long as tax shelters and loopholes are legal, only a fool wouldn’t use them to minimize how much he has to pay.
So much of this stick it to the rich nonsense is just motivated by envy. It’s easy for the mob to see a millionaire or billionaire and think it’s unfair they have so much more. Why? Why is the instinct to attack those people rather than to try to emulate them? How much time and energy and emotion are wasted on envy? It’s truly sad.
What is #SAD is seeing someone so vigorously defend a system that is so exploitative and corrupt.
And once again, you have no idea what I am saying to because you don't listen.
I have ZERO issues or problems with people who are rich. Yes I envy them but in a good way. Society needs rich people.
My qualm is their utter f'ing greed. These people already have more money than they could possibly spend in a hundred lifetimes and yet they continually want more profits/money. All the while cursing and condemning poor people who just want to be paid a wage they can live on.
Here is the point you simply haven't been able to grasp: When rich people pay poor people wages they can live on, it ultimately benefits rich people the most in the long run. Why? Because when people at the bottom of society's economic ladder make money, and feel good about their economic future--they spend that money. They go out to dinner/movies/entertainment more, they spend more at Christmas, take better vacations and spend more while on vacation.
So no, I don't hate rich people. I hate their hypocrisy and greed.
That's what I said... Their jurisdiction stops 100 miles from the border.You have it backwards. The Border Patrol can operate within 100 miles of the actual border.
Border Patrol
To say the Border Patrol can't patrol the border is crazy.