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Senate Democrats To Push 'Buffett Rule' Bill This Week
aka, The Fair Share Rule.
Brace yourselves. All you 1% here are gonna hate this.
It would require people who make more than $1 million to pay a 30 percent effective tax rate. Tax loopholes now allow some of the wealthiest Americans to pay lower tax rates than people in the middle class.
Don't worry. The pubs will filibuster it because, as we all know, they are owned by the 1%.
Senate Democrats To Push 'Buffett Rule' Bill This Week
aka, The Fair Share Rule.
Brace yourselves. All you 1% here are gonna hate this.
It would require people who make more than $1 million to pay a 30 percent effective tax rate. Tax loopholes now allow some of the wealthiest Americans to pay lower tax rates than people in the middle class.
Don't worry. The pubs will filibuster it because, as we all know, they are owned by the 1%.
Warren Buffet can go fuck himself. I am so tired of this unelected piece of shit richie rich bastard telling me what to do thru that fucking idiot of an asswipe called a President with no balls.
Fuck you Warren. Why aren't more people telling this old viagra sucking unelected dude the same thing.
We got it already. Obama blows you.
Fuck off old man. Go die somewhere you fucking limosine liberal.
Did you just say that American wealthy people will move to Europe in order to pay fewer taxes?
If the gas prices don't make you stagger, the exchange rate sure will, especially in the UK.
All you prove is that you have no idea how finance works. The exchange rate has jack shit to do with it. They won't take their money into the UK, they'll leave it offshore - because the UK government isn't stupid enough to force their wealthy to bank within their country.
And the gas prices won't bother them either... they won't 'live' in the UK more than the minimum required to maintain 'residency'.
Damn, you are dumb.
Senate Democrats To Push 'Buffett Rule' Bill This Week
aka, The Fair Share Rule.
Brace yourselves. All you 1% here are gonna hate this.
Don't worry. The pubs will filibuster it because, as we all know, they are owned by the 1%.
Warren Buffet can go fuck himself. I am so tired of this unelected piece of shit richie rich bastard telling me what to do thru that fucking idiot of an asswipe called a President with no balls.
Fuck you Warren. Why aren't more people telling this old viagra sucking unelected dude the same thing.
We got it already. Obama blows you.
Fuck off old man. Go die somewhere you fucking limosine liberal.
Senate Democrats To Push 'Buffett Rule' Bill This Week
aka, The Fair Share Rule.
Brace yourselves. All you 1% here are gonna hate this.
It would require people who make more than $1 million to pay a 30 percent effective tax rate. Tax loopholes now allow some of the wealthiest Americans to pay lower tax rates than people in the middle class.
Don't worry. The pubs will filibuster it because, as we all know, they are owned by the 1%.
Warren Buffet can go fuck himself. I am so tired of this unelected piece of shit richie rich bastard telling me what to do thru that fucking idiot of an asswipe called a President with no balls.
Fuck you Warren. Why aren't more people telling this old viagra sucking unelected dude the same thing.
We got it already. Obama blows you.
Fuck off old man. Go die somewhere you fucking limosine liberal.
It really surprises me that so few people seem to understand how wealth opens doors... Americans could, quite easily, get primary residence in, say, England, with very little actual disruption to their lives. It doesn't mean they move completely out of the country... it means they stay in the US for a few months, then go elsewhere, for a few months. It's not hard.
It really surprises me that so few people seem to understand how wealth opens doors... Americans could, quite easily, get primary residence in, say, England, with very little actual disruption to their lives. It doesn't mean they move completely out of the country... it means they stay in the US for a few months, then go elsewhere, for a few months. It's not hard.
Really. Then tell us exactly how living outside of the country for most of the year is going to relieve someone of their past tax obligations here in the US? If you knew anything at all about the subject, you'd know that your tax obligations in the US will follow you around the world. Even if you renounce your citizenship and completely move to another country, you could be extradicted if the US has an extradition agreement with the country to which you decided to run because tax evasion is against the law and is a felony. You can avoid future tax liability on your offshore accounts if you renounce your US citizenship and become a citizen of another country which doesn't go after people with offshore accounts.
Just last year in November, Renzo Gadola, a citizen and resident of Switzerland and employee of UBS AG got 5 years probation for aiding a US citizen in concealing an offshore account.
Offshore Tax-Avoidance and IRS Compliance Efforts
So your little address change is going to do jack-shit in helping to avoid paying your taxes on your offshore account these days no matter what you do, brainiac.
Jesus Christ, you were wrong about the Massachusetts Family Institute, you were wrong about Fox News suing to control content and now you're wrong about this. And that's just within the last couple of days. In 99% of your posts, you're calling someone an idiot, a twit or a moron. You ridicule people for not knowing facts when you yourself know nothing about the topic at all. You waffle about on your posts giving this air of superiority when really, you're just an arrogant, conceited and fairly stupid blowhard.
It really surprises me that so few people seem to understand how wealth opens doors... Americans could, quite easily, get primary residence in, say, England, with very little actual disruption to their lives. It doesn't mean they move completely out of the country... it means they stay in the US for a few months, then go elsewhere, for a few months. It's not hard.
Why don't we just eliminate ALL taxes for anyone making over $1,000,000 then? That way we can bribe them to stay.
Nah... that would be unequal treatment by government under law... kinda like what we have now but in a different form with a different target group
So I'll simply stick with a flat rate for every citizen on every dollar earned with zero deductions and zero loopholes.... you know... EQUALITY in treatment
The problem with doubling the capital gains tax rate from 15% up to 30% is twofold:
Firstly, the "capital" has already been taxed once- making the actual rate of taxation around 40%. That does not entice anyone to invest, well, at least not here. The wealthy will invest offshore.
Secondly, the income derived from the higher rate will be minimal at first and over the long run, the treasury will actually take in less. This is because capital gains are optional in many cases. I can choose to hold on to appreciated assets rather than sell them - tax rate = ZERO. Then when I die, my heirs will inherit these assets on a stepped up basis- tax rate= ZERO.
"Eat the rich" is the new "hope and change".
You know, I imagine 1780 French Nobles engaging in this sort of thinking...
And we all so how well that turned out for them...
Senate Democrats To Push 'Buffett Rule' Bill This Week
aka, The Fair Share Rule.
Brace yourselves. All you 1% here are gonna hate this.
It would require people who make more than $1 million to pay a 30 percent effective tax rate. Tax loopholes now allow some of the wealthiest Americans to pay lower tax rates than people in the middle class.
Don't worry. The pubs will filibuster it because, as we all know, they are owned by the 1%.
But it turns out that Buffetts own company, Berkshire Hathaway, has had every opportunity to pay more taxes over the last decade. Instead, its been mired in a protracted legal battle with the Internal Revenue Service over a bill that one analyst estimates may total $1 billion.
Did you just say that American wealthy people will move to Europe in order to pay fewer taxes?
If the truly moronic have their way, they will. It'll work out cheaper to live in the UK, and keep their money in offshore accounts than to stay in the US... since the drooling fools are actually suggesting that O/S accounts shouldn't be a tax efficiency.
Seriously, it works out vastly cheaper to live in the UK - where the left aren't so completely delusional as to go after O/S accounts. Naturally, the knock on effect will be that America will also lose a lot of jobs... but, apparently, the left don't need no stinkin' jobs.
Let me get this straight.......
YOU say that if the wealthy don't get to keep their TEMPORARY Bush tax cuts they will pack their bags and leave their nation.
These are the same people who made their fortunes on the sweat of working Americans, using the infrastructure that America built to make their money and not having to worry about their money and safety through the defense that America provides.
Then I say...............
FUCK THE UNPATRIOTIC BASTARDS. THEY CAN KISS MY AMERICAN ASS. DON'T LET THE DOOR HIT YOUR PANSY ASS ON THE WAY OUT.
Let me get this straight.......
YOU say that if the wealthy don't get to keep their TEMPORARY Bush tax cuts they will pack their bags and leave their nation.
These are the same people who made their fortunes on the sweat of working Americans, using the infrastructure that America built to make their money and not having to worry about their money and safety through the defense that America provides.
Then I say...............
FUCK THE UNPATRIOTIC BASTARDS. THEY CAN KISS MY AMERICAN ASS. DON'T LET THE DOOR HIT YOUR PANSY ASS ON THE WAY OUT.
Many already do, half of Hollywood have homes around the world.... easy enough to swap your primary residence to a country that is less 'hateful' towards wealth.
Nothing to do with patriotism, it's simple tax efficiency. Why do you think governments are very careful about over taxing their wealthy residents? Hmmm? Logic - use it.
And, fyi, the big bold red really doesn't help you to look rational. The only poster who uses that kind of shit is Mr Shaman... he's on a lot of ignore lists for his moronic posting. Just saying.
Ok.
But it doesn't change the fact that they are unpatriotic mother fuckers. They got their wonderful TEMPORARY tax cuts under Bush. So if they leave because the TEMPORARY tax cuts expire then fuck them.
Many already do, half of Hollywood have homes around the world.... easy enough to swap your primary residence to a country that is less 'hateful' towards wealth.
Nothing to do with patriotism, it's simple tax efficiency. Why do you think governments are very careful about over taxing their wealthy residents? Hmmm? Logic - use it.
And, fyi, the big bold red really doesn't help you to look rational. The only poster who uses that kind of shit is Mr Shaman... he's on a lot of ignore lists for his moronic posting. Just saying.
Ok.
But it doesn't change the fact that they are unpatriotic mother fuckers. They got their wonderful TEMPORARY tax cuts under Bush. So if they leave because the TEMPORARY tax cuts expire then fuck them.
I don't actually disagree regarding the 'patriotism' thing. But, and it remains fact, no matter how much anyone whines about it... the wealthy will suffer absolutely no real inconvenience by simply swapping their 'residency' to a country with a more agreeable tax system.
That's exactly why governments don't do what the ranters on here are calling for. Because they're smart enough to know that they will lose far more than any 'gains'.
This shit is not complicated. It's very basic stuff - if one uses a little bit of logical thought instead of rabid hysteria.
Reminds me of the millionaires moving out of NY when they jacked up their taxes
Reminds me of the millionaires moving out of NY when they jacked up their taxes
The higher you make the tax rate, the more incentive you give people to move. When you can save $30,000 a year by moving across the state border, you'd be a fool not to. When you can save $100k by moving your residence to the Caymen's, you will.
Reminds me of the millionaires moving out of NY when they jacked up their taxes
The higher you make the tax rate, the more incentive you give people to move. When you can save $30,000 a year by moving across the state border, you'd be a fool not to. When you can save $100k by moving your residence to the Caymen's, you will.
And with all of the whining YOU do about taxes....When are you leaving?
The higher you make the tax rate, the more incentive you give people to move. When you can save $30,000 a year by moving across the state border, you'd be a fool not to. When you can save $100k by moving your residence to the Caymen's, you will.
And with all of the whining YOU do about taxes....When are you leaving?
Fuck you.
