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So a stock transaction is wealth? You want to tax every contribution into an IRA or 401k ? And you say you're a friend of the middle class.You can tax real estate and stock transactions
If you spend less, you get wealthier. So tax those that spend less???
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62 percent of the wealth is held by 5 percent of the population
15 percent of the wealth is held by 80 percent of the population
Where should we be taxing?
More like a sales taxSo a stock transaction is wealth? You want to tax every contribution into an IRA or 401k ? And you say you're a friend of the middle class.
And real estate is already taxed at the local level because it is not a federal issue.
So you would make buying high valued stock inaccessible to the average person and and actually steal value from the portfolios held in retirement accounts.More like a sales tax
A sales tax taxes an exchange of money
So you would make buying high valued stock inaccessible to the average person and and actually steal value from the portfolios held in retirement accounts.
That would be like charging a sales tax when you had a teller break a hundred dollar bill into 5 20s
Not playing your game…
But what about the poor people?
The overwhelming volume of stock transactions are from the wealthy
Stock and real estate transactions already pay a brokers fee.
Cost of doing business
Poor people can buy stocks and mutual funds too you know.
I started an IRA when I was 18 you would want me to have paid tax on every transaction and therefore have less to live on in retirement.
The broker's fee is a fee for service not based on the stock price like a sales tax would be.
ummmmm...20% of the people pay 80% of the taxes paid...............without them, 80% would starveSo, I mean REALLY , like don't even look up past experience I mean Really ??
The experiment with the wealth tax in Europe was a failure in many countries. France's wealth tax contributed to the exodus of an estimated 42,000 millionaires between 2000 and 2012, among other problems. Only last year, French president Emmanuel Macron killed it.
And they are already paying brokerage fees on those transactions
Cost of doing business
translation: let's suck other peoples money to get 32 trillion in debt without nothing to show for itYou have to tax where the money is
dude...a person who makes a poverty wage of 60k pays little in tax, they get it all back and live for fucking freeAnd they are already paying brokerage fees on those transactions
Cost of doing business
Other peoples moneytranslation: let's suck other peoples money to get 32 trillion in debt without nothing to show for it
people who make poverty wages of 50k or less pay little in tax, they get it all back
the globalists need to wipe out the non producers and then things will be fair
this globalist idea of wiping the scum out is getting more logical, especially some hereFee for a service rendered just like when you buy groceries part of the price is the fee for the cashier ringing it up.
Why do you want to make it harder for the average person to invest?
Sadly, neither do the wealthy like Trumpdude...a person who makes a poverty wage of 60k pays little in tax, they get it all back and live for fucking free
dude..if i disclosed to you my lifetime payment of taxes both personally and business, you would be astonished....you would realize how i paid your way if you made a poverty wage of 50kOther peoples money
Another excuse not to contribute to society
ummmmm....have you looked at the last 20 yrs if trump's tax returns like congress...lolololol.....go ahead...lololSadly, neither do the wealthy like Trump
The wealthy write the tax code
love seeing europe suffer greatly for their globalist garbageSo, I mean REALLY , like don't even look up past experience I mean Really ??
The experiment with the wealth tax in Europe was a failure in many countries. France's wealth tax contributed to the exodus of an estimated 42,000 millionaires between 2000 and 2012, among other problems. Only last year, French president Emmanuel Macron killed it.
The reality is that Biden has released 20 years of tax returns and shows every penny he earns.ummmmm....have you looked at the last 20 yrs if trump's tax returns like congress...lolololol.....go ahead...lolol
the pedophile in the wh pays no fucking taxes with his 20 shells....lolol
you are a fucking idiot
Is there a Constitutional requirement that presidential candidates open all their personal documents and medical records to the public?The reality is that Biden has released 20 years of tax returns and shows every penny he earns.
It is Trump who refused to reveal his finances and what has been revealed is he rarely pays Federal taxes
