Lovebears65
Gold Member
Mitt made $21 mill last year Lady Gaga made over $90 Mil last year....So your point of him making too much money does nothing for me. I do not hear one person telling Lady Gaga to give up her money. So shut it!
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Mitt made $21 mill last year Lady Gaga made over $90 Mil last year....So your point of him making too much money does nothing for me. I do not hear one person telling Lady Gaga to give up her money. So shut it!
Mitt made $21 mill last year Lady Gaga made over $90 Mil last year....So your point of him making too much money does nothing for me. I do not hear one person telling Lady Gaga to give up her money. So shut it!
Got any information on what their respective tax rates are on both their individual earnings?
Mitt made $21 mill last year Lady Gaga made over $90 Mil last year....So your point of him making too much money does nothing for me. I do not hear one person telling Lady Gaga to give up her money. So shut it!
Mitt made $21 mill last year Lady Gaga made over $90 Mil last year....So your point of him making too much money does nothing for me. I do not hear one person telling Lady Gaga to give up her money. So shut it!
The difference is that Mitt pays about 15% and LG pays closer to 30% because of HOW they earn their money. It's not how much money they make, it's what they pay in tax on it.
A fair and simple tax code, a budget that's balanced by law, transparency in all things politics, and then build an economy that your children can drive to the stars.
It ain't rocket science, y'all.
Odds are Mitt paid less in taxes like he should because his income was mostly investment return income.
Investment income shouldn't be taxed as high as working wages income because that would drive investors out of the market, especially "middle class" investors liberals claim to love.
There is no incentive to use my extra money that was already taxed when I worked for it, if the Govt is going to hammer me again if I invest it. This is basic ECONOMICS....but too deep for liberals.
Mitt made $21 mill last year Lady Gaga made over $90 Mil last year....So your point of him making too much money does nothing for me. I do not hear one person telling Lady Gaga to give up her money. So shut it!
Got any information on what their respective tax rates are on both their individual earnings?
Odds are Mitt paid less in taxes like he should because his income was mostly investment return income.
Investment income shouldn't be taxed as high as working wages income because that would drive investors out of the market, especially "middle class" investors liberals claim to love.
There is no incentive to use my extra money that was already taxed when I worked for it, if the Govt is going to hammer me again if I invest it. This is basic ECONOMICS....but too deep for liberals.
Got any information on what their respective tax rates are on both their individual earnings?
What's wrong with both of them paying the same rate? Everyone is bitching because their taxes are too high when in reality we should be bitching that our taxes are too fucking complicated.
I think that few Americans actually believe their tax liability is too high per se, I think we're all afraid that we're paying too much compared to the next guy in a similar income bracket because he has a better accountant.
A fair income tax should only deal with working wages, not investment income.
A flat rate for everyone makes sure everyone pays their fair share.
Those that want to invest extra money left after paying their taxes should not pay a tax % equal or higher than their working wages income tax.....ever.
Mitt made $21 mill last year Lady Gaga made over $90 Mil last year....So your point of him making too much money does nothing for me. I do not hear one person telling Lady Gaga to give up her money. So shut it!
The difference is that Mitt pays about 15% and LG pays closer to 30% because of HOW they earn their money. It's not how much money they make, it's what they pay in tax on it.
A fair and simple tax code, a budget that's balanced by law, transparency in all things politics, and then build an economy that your children can drive to the stars.
It ain't rocket science, y'all.
Mitt made $21 mill last year Lady Gaga made over $90 Mil last year....So your point of him making too much money does nothing for me. I do not hear one person telling Lady Gaga to give up her money. So shut it!
Got any information on what their respective tax rates are on both their individual earnings?
A fair income tax should only deal with working wages, not investment income.
A flat rate for everyone makes sure everyone pays their fair share.
Those that want to invest extra money left after paying their taxes should not pay a tax % equal or higher than their working wages income tax.....ever.
The difference is that Mitt pays about 15% and LG pays closer to 30% because of HOW they earn their money. It's not how much money they make, it's what they pay in tax on it.
A fair and simple tax code, a budget that's balanced by law, transparency in all things politics, and then build an economy that your children can drive to the stars.
It ain't rocket science, y'all.
I disagree. Income is income. If I earn $10 buying a widget and selling it at a profit, that Hamilton is no different than the Hamilton I earn shorting shares of yahoo!.
There are several reason to invest and the tax considerations shouldn't be among them.
Besides, if I know I'm going to have to pay 30% in tax on my investment profit, I will invest that much MORE in the economy just to cover my nut.
There is a reason the wealthy were BUSY growing the economy and making money in the 90's. They had to work that much harder creating jobs and infrastructure to cover their nut before the Bush Tax Cuts gave them a reason to rest.
Mitt made $21 mill last year Lady Gaga made over $90 Mil last year....So your point of him making too much money does nothing for me. I do not hear one person telling Lady Gaga to give up her money. So shut it!
Uh.....investment money typically has already been taxed as income.
Most investors take some of their leftover money after the state and Feds have taxed it from their paycheck, then they invest it into stocks, bonds, etc.....hoping to make money. They are taking a risk with money that has already been taxed in your utopian world.
If they actually make money on their risky investment then the Govt gets its greedy fingers on the money again via a Capital Gains tax. Soooo, morons like you want to tax that amount again like they earned it at their day job????
You think people are going to be willing to risk their money as an investment if the Govt is going tax it at the same higher rate like before. Why the hell buy stocks with that money....just buy more clothes for thmselves.
It's clear you have no clue on how to grow the economy when you want to stop people from investing their money into companies.
Odds are Mitt paid less in taxes like he should because his income was mostly investment return income.
Investment income shouldn't be taxed as high as working wages income because that would drive investors out of the market, especially "middle class" investors liberals claim to love.
There is no incentive to use my extra money that was already taxed when I worked for it, if the Govt is going to hammer me again if I invest it. This is basic ECONOMICS....but too deep for liberals.
What's wrong with both of them paying the same rate? Everyone is bitching because their taxes are too high when in reality we should be bitching that our taxes are too fucking complicated.
I think that few Americans actually believe their tax liability is too high per se, I think we're all afraid that we're paying too much compared to the next guy in a similar income bracket because he has a better accountant.
For the stupid people out there...
Let's say Joe Schmoe makes $100,000 and that is taxed at 20%, so he pays 20,000 in income taxes.
He has $80,000 left over to eat, party, etc so he goes wild and invests $10,000 of it for his retirement someday.
Now, why would he invest that $10,000 if he is going to pay 20% or higher again? That money has already been taxed before. He would be better off going on vacation, buying a new car and some new clothes with that money than taking a risk losing that $10,000 while being taxed all over again like the first time if he doesn't lose his investment.
What's wrong with both of them paying the same rate? Everyone is bitching because their taxes are too high when in reality we should be bitching that our taxes are too fucking complicated.
I think that few Americans actually believe their tax liability is too high per se, I think we're all afraid that we're paying too much compared to the next guy in a similar income bracket because he has a better accountant.
Uh.....investment money typically has already been taxed as income.
Most investors take some of their leftover money after the state and Feds have taxed it from their paycheck, then they invest it into stocks, bonds, etc.....hoping to make money. They are taking a risk with money that has already been taxed in your utopian world.
If they actually make money on their risky investment then the Govt gets its greedy fingers on the money again via a Capital Gains tax. Soooo, morons like you want to tax that amount again like they earned it at their day job????
You think people are going to be willing to risk their money as an investment if the Govt is going tax it at the same higher rate like before. Why the hell buy stocks with that money....just buy more clothes for thmselves.
It's clear you have no clue on how to grow the economy when you want to stop people from investing their money into companies.
What's wrong with both of them paying the same rate? Everyone is bitching because their taxes are too high when in reality we should be bitching that our taxes are too fucking complicated.
I think that few Americans actually believe their tax liability is too high per se, I think we're all afraid that we're paying too much compared to the next guy in a similar income bracket because he has a better accountant.
Investment money is not income.
Investment income is income and should be taxed accordingly. Nobody I know of is supporting a second taxation of the principle once it's invested, only the income that investment generates.
Wikipedia wants your face for the definition of STUPID.
A fair income tax should only deal with working wages, not investment income.
A flat rate for everyone makes sure everyone pays their fair share.
Those that want to invest extra money left after paying their taxes should not pay a tax % equal or higher than their working wages income tax.....ever.
I disagree. Income is income. If I earn $10 buying a widget and selling it at a profit, that Hamilton is no different than the Hamilton I earn shorting shares of yahoo!.
There are several reason to invest and the tax considerations shouldn't be among them.
Besides, if I know I'm going to have to pay 30% in tax on my investment profit, I will invest that much MORE in the economy just to cover my nut.
There is a reason the wealthy were BUSY growing the economy and making money in the 90's. They had to work that much harder creating jobs and infrastructure to cover their nut before the Bush Tax Cuts gave them a reason to rest.