21 Millionaires In Congress Helped 25 Billionaires Pay Almost Nothing In Taxes

[Toddsterpatriot]

We could fix that.

By adding tens of millions (more?) to the number of recipients?

 

[sealybobo]

I see all that money that is putting my children and grandchildren in debt by the Democrat filth and RINOs going to the goddamn Negroes, Illegals, union bosses and Democrat fat cats.

Now you are worried about the debt suddenly?

Did you know that corporate welfare is 1000 times more than welfare that helps the poor? And all that money we give the poor, goes right back into the economy.

And did you know more whites collect welfare than blacks?

Your grandchildren will probably be socialists. How can they afford not to? Baby boomers changed everything as soon as they retired. Pensions? Oh those don't exist anymore. Job security? That doesn't exist anymore. 10% interest on savings? That doesn't exist anymore. Going after illegal employers? We don't do that anymore. Their high paying union jobs? Send them overseas now that they are retired and getting a pension.

 

[sealybobo]

By adding tens of millions (more?) to the number of recipients?

I don't want to do that but that's what they are going to have to do. We don't have enough kids to replace all of us retiring. So get ready for a massive shift in how things are done.

Maybe they can offer all of us who are getting social security a buy out. How much would they have to offer for you to give up your social security?

How about your SS and medicare? How much would the government have to give you for you to opt out of those programs?

 

[Toddsterpatriot]

I don't want to do that but that's what they are going to have to do. We don't have enough kids to replace all of us retiring. So get ready for a massive shift in how things are done.

Oh, it's getting more demographically unworkable, so you want to make it worse.....faster.

 

[Toddsterpatriot]

Now you are worried about the debt suddenly?

Did you know that corporate welfare is 1000 times more than welfare that helps the poor? And all that money we give the poor, goes right back into the economy.

And did you know more whites collect welfare than blacks?

Your grandchildren will probably be socialists. How can they afford not to? Baby boomers changed everything as soon as they retired. Pensions? Oh those don't exist anymore. Job security? That doesn't exist anymore. 10% interest on savings? That doesn't exist anymore. Going after illegal employers? We don't do that anymore. Their high paying union jobs? Send them overseas now that they are retired and getting a pension.

Did you know that corporate welfare is 1000 times more than welfare that helps the poor?

Link?

And all that money we give the poor, goes right back into the economy.

Money we don't give to the poor leaves the economy? Where does it go?

Your grandchildren will probably be socialists. How can they afford not to?

The same way Cubans and Venezuelans can afford not to be socialists.

Their high paying union jobs? Send them overseas now that they are retired and getting a pension.

How did steelworker pensions do when steel jobs left?

 

[Flash]

Now you are worried about the debt suddenly?

Did you know that corporate welfare is 1000 times more than welfare that helps the poor? And all that money we give the poor, goes right back into the economy.

And did you know more whites collect welfare than blacks?

Your grandchildren will probably be socialists. How can they afford not to? Baby boomers changed everything as soon as they retired. Pensions? Oh those don't exist anymore. Job security? That doesn't exist anymore. 10% interest on savings? That doesn't exist anymore. Going after illegal employers? We don't do that anymore. Their high paying union jobs? Send them overseas now that they are retired and getting a pension.

I have always been against debt no matter who created it.

The problem is not the debt. It is that the fucking government spends so much money on worthless shit that it taxes a great amount and then borrows a great amount on top of that.

If you want to stop debt then fucking stop so much government spending.

By the way asshole, we had a great chance to stop Federal debt. It was in the Republican Contract for America when Slick Willy was President. Slick Willy signed all the other items in the Contract for America EXCEPT the balanced budget initiative. Blame that sonofabitch for our tremendous debt. If he had done the right thing and supported it then we would have no federal debt now.

As fr as corporations go they are the good guys. I know you dumbass Communists hate them but they create tens of millions of jobs, pay tons of money in state and local taxes, produce needed goods and services and most of them contribute a significant amount to charity. They pay a trillion dollars a year into that filthy Federal corporate tax, That is a lot of welfare for your Negroes and Illegals, isn't it?

However, if you are against any kind of government assistance to them (like Obama bailing out GM, Chrysler and Wall Street or subsidizing the environmental wackos) then join me in advocating no more welfare, grants, bailouts or subsidies to anyone. How does that sound Sport?

 

[Mikeoxenormous]

Working people got hurt when Trump started a trade war with China. Remember he said under 3% growth wasn't good enough when Obama was POTUS? Trump had 2.3% growth in 2019. Candidate Trump would call POTUS Trump a uge failure.

Working people got hurt in 2019 because Dr Fauxi working with the Obama admin funded the Kung Flu studies in China which then released them upon the world and the US in the hope of murdering millions but only 10s of thousands died when Blue State governors put the infected ones win with the elderly, then blame President Trump for it, but when that didnt help, Joe had to come out and tell US this.

 

[Mikeoxenormous]

Shit like this is deceiving.

If you are a billionaire then your wealth is mostly tied up in assets. Most assess in the US are taxed multiple times.

Like all of us try to do personal income can be legally shielded from the federal income tax in some circumstances but most of us pay a shitload of other taxes besides the income taxes, both directly and indirectly.

For instance, if you buy things or use services provided by a corporation then you are indirectly paying the trillion a year collected in corporate taxes.

The Federal income tax only is about a trillion of the four trillion the Federal government collects each year and only about an eight of the total combined taxes collected in the US every year.

How about a fucking phone surcharge so shits like Seelybooboo here can have a free Obamaphone. Stop all welfare and soon those welfare queens/queers will get off their ass and either find a job, thus putting tax revenues into the system, not take out of the system, or they will go out and try to rob people, thus getting shot thus removing them from the system.
The estimated aggregate cost of the War on Poverty is nearly $28 trillion, which is three and a half times higher than the $8 trillion total price tag of every major war since the American Revolution.

It’s Time to Admit the Feds Are Making Poverty Worse—Not Better…​

www.independent.org/news/article.asp?id=11707

 

[sealybobo]

Oh, it's getting more demographically unworkable, so you want to make it worse.....faster.

The corporations need bodies. Have you seen all the business' closing because they can't find help? We wish we had the illegals back. Maybe this time we make them legal? We can't worry about people who only make MdD wages. They suck. We need more ditch diggers paying into the system to fund my social security. The Ponzi scheme only has to last 40 more years. When I'm dead. Who'm I kidding. I'll be lucky to make 80. So it only needs to last 30 years. I'm sure they will just borrow from the debt to fund us. Maybe we will take a 20% cut to our programs but I'll survive that. Just pass it on to your grandkids. They'll figure it out. We did right? Baby boomers sure did.

Only difference is blue collar baby boomers figured it out. Blue collar today are fucked. They have nothing. They'll die broke. Their kids live with them now but they will live with their kids when they turn 70 and finally can't work anymore even though they're still broke. They'll leave their kids nothing and their kids will be the new Americans. Broke asses. Repeat the cycle generation after generation.

My family got lucky. My dad had a great union job. We went to college when it was affordable. And my brother and I both got great jobs. His kids go to the finest private schools. Oldest going to MSU. Interns with my buddy the Republican politician. He wants to be a lawyer and my buddy is connecting him with lawyers, judges and politicians. My family is the epitome of priviledged. And it's funny because my dad was an immigrant and my grandfather on my moms side was an illegal immigrant. Rags to riches in one generation.

I may be a liberal and think that's the best way to go for America but hey, if you can't beat them join them. Every man for himself? I'll thrive.

 

[Crepitus]

Bullshit, they don’t make it by a paid set income salary. Most of their wealth is calculated by assets, real estate, investments so most of it is not counted as “income” on an income tax.

It's still income.

 

[Toddsterpatriot]

Have you seen all the business' closing because they can't find help?

Who wants to work when unemployment pays more?

 

[Toddsterpatriot]

It's still income.

Unrealized capital gains are not income.

 

[Crepitus]

Unrealized capital gains are not income.

Bullshit terminology aside, it's income.

 

[Toddsterpatriot]

Bullshit terminology aside, it's income.

According to the IRS, it isn't.

 

[gipper]

These are the best of times for billionaires.

Richest Americans fail to pay $163 billion in taxes, Treasury estimates​

The top 1% of Americans are avoiding paying an estimated $163 billion in taxes a year, according to the Treasury Department. In contrast, more than 99% of taxes on regular incomes — paid via a paycheck — get paid.

That discrepancy is pushing the estimated tax gap, the amount of money owed by taxpayers that isn't collected, to nearly around $600 billion annually, and to approximately $7 trillion in lost revenue over the next decade, the Treasury Department finds.
Richest Americans dodge $163 billion in taxes: Treasury report — CBS News