PredFan
Diamond Member
It's amazing how a conservative will wrap their lips around any rich man's cock.
You seem to be obsessed with dick sucking. Why is that?
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It's amazing how a conservative will wrap their lips around any rich man's cock.
The logic, you moron, goes like this -- poor but bright people would not try to innovate because high taxes would not let them benefit, should their innovation become a success.
And that logic, though it sounds plausible, is obviously flawed.
Hey Moron, no one says that. go ahead, link to me where anyne said that poor people wouldn't try to create anything because of taxes. I'll wait.
Idiots can't google, what a surprise:
High tax rates discourage work, saving and entrepreneurship
I guess they forgot to tell Steve Jobs and Bill Gates that high tax rates kill incentives to innovate.
What's the point of raising tax rates?
I guess they forgot to tell Steve Jobs and Bill Gates that high tax rates kill incentives to innovate.
Try a 70% tax rate in today's multi-polar hyper-competitive world, and see what happens
I guess they forgot to tell Steve Jobs and Bill Gates that high tax rates kill incentives to innovate.
I guess they forgot to tell Steve Jobs and Bill Gates that high tax rates kill incentives to innovate.
NO dumb..f...k! I was around during that time and even the idiot Carter was at least NOT as anti-business, anti-capitalism as this dick head is!
I mean NO other president has ever gleefully said companies going bankrupt was ok!
NO other President SAID he preferred seeing 1,300 companies go out of business and $100 billion a year in TAX REVENUES be eliminated and ,400,000 employees out of work!
NO other president was more concerned over a "spotted owl" over gas in our cars!
So yes Jobs/Gates had 70% tax rate which (by the way never affected them with their initial startup costs but ACTUALLY HELPED because investors were able to write off against their 70% taxes the capital used by Jobs/Gates!
So do you think we should restore that tax bracket? If not, what is the purpose of your post?
P.S. Do you know the difference between earned income and capital gains?
So do you think we should restore that tax bracket? If not, what is the purpose of your post?
P.S. Do you know the difference between earned income and capital gains?
Damned right I do. The money I make working my but off on a dangerous job that demands both physical strength and strong analytical skills is taxed at a far higher rate that the money made on an investment. All income should be taxed at the same rates. Period. Capital gains, inheritance, ect.
So do you think we should restore that tax bracket? If not, what is the purpose of your post?
P.S. Do you know the difference between earned income and capital gains?
Damned right I do. The money I make working my but off on a dangerous job that demands both physical strength and strong analytical skills is taxed at a far higher rate that the money made on an investment. All income should be taxed at the same rates. Period. Capital gains, inheritance, ect.
I guess they forgot to tell Steve Jobs and Bill Gates that high tax rates kill incentives to innovate.
NO dumb..f...k! I was around during that time and even the idiot Carter was at least NOT as anti-business, anti-capitalism as this dick head is!
I mean NO other president has ever gleefully said companies going bankrupt was ok!
NO other President SAID he preferred seeing 1,300 companies go out of business and $100 billion a year in TAX REVENUES be eliminated and ,400,000 employees out of work!
NO other president was more concerned over a "spotted owl" over gas in our cars!
So yes Jobs/Gates had 70% tax rate which (by the way never affected them with their initial startup costs but ACTUALLY HELPED because investors were able to write off against their 70% taxes the capital used by Jobs/Gates!
So do you think we should restore that tax bracket? If not, what is the purpose of your post?
P.S. Do you know the difference between earned income and capital gains?
Damned right I do. The money I make working my but off on a dangerous job that demands both physical strength and strong analytical skills is taxed at a far higher rate that the money made on an investment. All income should be taxed at the same rates. Period. Capital gains, inheritance, ect.
Cool so you're for a flat tax?
I like 10% off the top for all income regardless of the source no deductions no exemptions period.
I guess they forgot to tell Steve Jobs and Bill Gates that high tax rates kill incentives to innovate.
NO dumb..f...k! I was around during that time and even the idiot Carter was at least NOT as anti-business, anti-capitalism as this dick head is!
I mean NO other president has ever gleefully said companies going bankrupt was ok!
NO other President SAID he preferred seeing 1,300 companies go out of business and $100 billion a year in TAX REVENUES be eliminated and ,400,000 employees out of work!
NO other president was more concerned over a "spotted owl" over gas in our cars!
So yes Jobs/Gates had 70% tax rate which (by the way never affected them with their initial startup costs but ACTUALLY HELPED because investors were able to write off against their 70% taxes the capital used by Jobs/Gates!
LOL. I see. So you are recommending that we go back to that 70% tax rate? I'll go along with that.
Care to show where our President ever said that about businesses going out of business? Link. Seems to me it was you people that were yelling 'let the auto makers go out of business'.
Actually, Myths, your posts are so full of silly shit, that one can read them, and automatically assume that whatever said is 180 degrees from the truth.
Damned right I do. The money I make working my but off on a dangerous job that demands both physical strength and strong analytical skills is taxed at a far higher rate that the money made on an investment. All income should be taxed at the same rates. Period. Capital gains, inheritance, ect.
Cool so you're for a flat tax?
I like 10% off the top for all income regardless of the source no deductions no exemptions period.
Won't pay the bills. 30% to 35% is a realistic amount, and that includes SS and Medicare taxes.
I guess they forgot to tell Steve Jobs and Bill Gates that high tax rates kill incentives to innovate.
What you forget to mention is that someone making 24000 a year in 1975 was in the 36% bracket.
So if you want to go back to 1975 be prepared to pay more in taxes yourself.
Individual Income Tax Parameters
Married Filing Jointly
1971-1976
Rate
$0 - $1,000 14%
$1,000 - $2,000 15%
$2,000 - $3,000 16%
$3,000 - $4,000 17%
$4,000 - $8,000 19%
$8,000 - $12,000 22%
$12,000 - $16,000 25%
$16,000 - $20,000 28%
$20,000 - $24,000 32%
$24,000 - $28,000 36%
$28,000 - $32,000 39%
$32,000 - $36,000 42%
$36,000 - $40,000 45%
$40,000 - $44,000 48%
$44,000 - $52,000 50%
$52,000 - $64,000 53%
$64,000 - $76,000 55%
$76,000 - $88,000 58%
$88,000 - $100,000 60%
$100,000 - $120,000 62%
$120,000 - $140,000 64%
$140,000 - $160,000 66%
$160,000 - $180,000 68%
$180,000 - $200,000 69%
$200,000 - and over 70%