This is why we need to tax the wealthy

[Woodznutz]

Billy000

Capital gains, if any, are only collected when an asset, like rental property, is sold and a profit is realized. Until then the value is 'uncertain', as we have seen in the past when housing values collapsed.

Do you propose to force the sale of such assets held by the rich?

 

[Aldo Raine]

MAGA gave us $7.8 trillion in new debt. No, I'm not interested in your excuses and deflections.

I am not making any deflections OR excuses. MAGA is for the shit for brains club. And I said expenditures would be a great place to start! Spending cuts and rate hikes also need to be put in place. Now heal boy!
MAGA

 

[Woodznutz]

We dont need to raise taxes. We need to do away with expenditures.
You people are so simple minded

True. The solutions to most of our problems are simple, that's why the government makes them so complicated.

 

[LeroyDumonde]

I believe in a flat tax rate of 0% with no deductions.

 

[pknopp]

Yes, they do. And THAT is the problem.

I always hear and read these theories but; I would like to know where it's been done successfully. I can show you many, many places where it was tried and failed. Wrecked economies abound in the cultural trash heaps of the world.

Let's allow a smaller country to show us the way. Like, um -- Say, the USSR, National Socialist Germany. Argentina comes to mind, as does about 50 other failed experiments.

No tax system anywhere, ever, in the past, now or in the future will ever be perfect. They all suck.

At least ours motivates people to innovate, invent, be efficient, create...... Most other tax systems encourage people to go underground, which does no one any good.

We should "lead" not follow the examples of small irrelevant countries.

 

[TNHarley]

It will be done but it won't be our doing.

I agree with that lol

 

[struth]

Billionaires Are Hoarding Trillions in Untaxed Wealth. They Want the Supreme Court to Keep It That Way

A new report from Americans for Tax Fairness found that America’s richest families accumulated $8.5 trillion in untaxed capital gains in 2022

www.yahoo.com

TRILLIONS in untaxed wealth. Good luck explaining this to republicans I guess. You have to explain the difference between the official tax rate and the EFFECTIVE tax rate of top earners.

we do tax them...what Rolling Stone is saying is they want to take what someone is worth, not what they make in income....that's a horrible dangerous thing.

The real question is why does Rolling Stones push this? Why does the Govt need a new way to tax us? They already tax us on everything from what we buy, to if we own property, to our income, to our returns on investments....now they want to let the Govt tax us after all that we have left from all that?

 

[rightwinger]

Didn't somebody somewhere else try this?

Oh yeah, the USSR. How'd that Workers Paradise turn out?

fucking idiot

It's why you're dimocraps -- You never learn. Not ever.

Taxing wealth is not the same as seizing it

 

[Mac-7]

we do tax them...what Rolling Stone is saying is they want to take what someone is worth, not what they make in income....that's a horrible dangerous thing.

The real question is why does Rolling Stones push this? Why does the Govt need a new way to tax us? They already tax us on everything from what we buy, to if we own property, to our income, to our returns on investments....now they want to let the Govt tax us after all that we have left from all that?

The real question is why does Rolling Stones push this?

Rolling Stone is a lefty rag

And their readers want government to support them

 

[Edgetho]

We should "lead" not follow the examples of small irrelevant countries.

That's like saying we should send an Aircraft Carrier into unknown waters before sending in Patrol Boats.

A take on "Turning an aircraft carrier around in the Mississippi River''

So it sounds to me like you should be in Academia where making mistakes costs nothing and is a way of life.

Theories are useless until somebody makes them work

 

[Billy000]

Didn't somebody somewhere else try this?

Oh yeah, the USSR. How'd that Workers Paradise turn out?

fucking idiot

It's why you're dimocraps -- You never learn. Not ever.

Hey dumb fuck revenue is how we pay for ANY government spending. This has contributed to the national debt.

 

[Billy000]

We dont need to raise taxes. We need to do away with expenditures.
You people are so simple minded

Actually we need to do both.

 

[pknopp]

That's like saying we should send an Aircraft Carrier into unknown waters before sending in Patrol Boats.

A take on "Turning an aircraft carrier around in the Mississippi River''

So it sounds to me like you should be in Academia where making mistakes costs nothing and is a way of life.

Theories are useless until somebody makes them work

View attachment 883751

Paying your debt isn't a "theory". It's what responsible people do.

 

[BrokeLoser]

Billionaires Are Hoarding Trillions in Untaxed Wealth. They Want the Supreme Court to Keep It That Way

A new report from Americans for Tax Fairness found that America’s richest families accumulated $8.5 trillion in untaxed capital gains in 2022

www.yahoo.com

TRILLIONS in untaxed wealth. Good luck explaining this to republicans I guess. You have to explain the difference between the official tax rate and the EFFECTIVE tax rate of top earners.

“$500 billion over a decade”
Rather than steal from our best most productive citizens wouldn’t it make better sense to send 50 million filthy brown parasites home to Mexico first?
We’d save 600 billion over four years.
Why did this totally escape you Humberto?

 

[TNHarley]

Actually we need to do both.

No we dont. If we cut out all expenditures they will be paying their "fair share" or whatever you big govt fascists call it.
Cut expenditures, cut out the waste, cut out sending money all over the planet etc, we could either address the debt or lower taxes.

 

[Billy000]

It's funny how those of you on the left wrong are so fond of falsely accusing us on the right of being “greedy”, while you push policies and positions that are based entirely on greed.




That's wealth that does not belong to you, does not belong to the government. It belongs to those who rightfully earned it.

And here you are, drooling with greed, trying to figure out how to steal it.

Hey idiot, you use government services everyday. You drive on highways. You benefit from national security. Snowplows clear the roads in the winter. The list goes on and on. You are a complete LEECH on the system if you don’t want to pay taxes.

 

[rightwinger]

Why do we need to tax the wealthy?
Because, that is where the money is

 

[Billy000]

No we dont. If we cut out all expenditures they will be paying their "fair share" or whatever you big govt fascists call it.
Cut expenditures, cut out the waste, cut out sending money all over the planet etc, we could either address the debt or lower taxes.

Do you honestly think spending and NOT tax cuts, is the reason our debt is so high? You do get that tax cuts create deficits all on their own if spending stays the same right?

 

[Thinker101]

Hey idiot, you use government services everyday. You drive on highways. You benefit from national security. Snowplows clear the roads in the winter. The list goes on and on. You are a complete LEECH on the system if you don’t want to pay taxes.

And we pay for those services with gas taxes, income taxes, property taxes and sales taxes...dumbass.

 

[Dragonlady]

Didn't somebody somewhere else try this?

Oh yeah, the USSR. How'd that Workers Paradise turn out?

fucking idiot

It's why you're dimocraps -- You never learn. Not ever.

No this was not tried in the Soviet Union. Not even close. There was no private propertly ownership in the USSR to be taxed.

Maybe YOU should check before posting so you don't say something so stupid ever again.