White House Proposes Slashing Tax Rates, Significantly Aiding Wealthy

[danielpalos]

Alcohol is a recreational drug. Only the right wing, never gets it.

Actually, I consider myself firmly right wing, as are most persons of a Libertarian bent, and we consider the criminalization of recreational drugs to be a travesty.

too bad the rest of the right wing, doesn't believe the same thing. They only believe that it is good cut social spending on the poor and to cut taxes on the rich, even while having massive federal debt.

 

[danielpalos]

Let's play a game. Why should there be an estate tax?

There is NOT an estate tax on the first $5 million each, so for a rich mom and dad, there is no estate taxes owed for the first $10 million their children or lover mistress receives....

The person receiving the wealth, NEVER paid taxes on it and their parents or lover, never paid taxes on it either....

Yes, they never paid income taxes on it, because they had their wealth in tax free bonds, or in the stock market, where the increased value of their stocks was NEVER TAXED..., until they die or sell it.....

As example take a papa Hilton, he has most all of his wealth in Hilton Hotel Stocks from 40 years ago when he went public...those shares went from $5 a share for his 500,000 shares to now $100 a share for his 500,000 shares....as long as he did not sell off his stock shares, his profit from the capital gains was never taxed....not a dime of his capital gains was taxed.....

The estate tax, after the $10 million that is not taxed at all and exempt from taxation, the estate taxes covers the profit/gains that was NEVER taxed in all the tax avoidance schemes or tax free investments they made, or delayed tax investments they made.

As example take a papa Hilton, he has most all of his wealth in Hilton Hotel Stocks from 40 years ago when he went public...those shares went from $5 a share for his 500,000 shares to now $100 a share for his 500,000 shares....as long as he did not sell off his stock shares, his profit from the capital gains was never taxed....not a dime of his capital gains was taxed.....

Interesting example!
Let's dig a little deeper.

Did papa Hilton start the company?
Did he own 100%?

Can you prove that he didn't pay taxes on HIS capital gains? I bet he paid at least 20% on those capital gains, which would be $1,000,000. Shame you suck at life, where you have to get EBT cards that let you get just enough to buy food, and rely on Uncle Sugar for that food.

You really are a lonely, miserable human being aren't you, with rot festering from hatred as deep seeded as it can go....

Not miserable and not poor either, and guess what? Many of my friends of color have achieved their American Dream by opening their own businesses also. A liberal hates those of success, because since they are miserable, they will never achieve happiness. So they will try to make the rest of US as miserable as them. That is called FAIRNESS.

How is making the poor, poorer, and the rich, richer via Institutional means, fair?

 

[danielpalos]

combine that with the tax cut for the elites AKA TrumpCare plan , apparently we do not have a deficit.
Who wants to even pay taxes anymore, I sure don't. If the elites are going to get a double bargain here, they do not need my tax money. There is only so much us middle Americans can take, and this is about it.


The number of individual income tax brackets would shrink from seven to three — 10, 25 and 35 percent — easing the tax burden on most Americans, including the president, although aides did not offer the income ranges for each bracket.

Individual tax rates currently have a ceiling of 39.6 percent and a floor of 10 percent. Most Americans pay taxes somewhere between the two.

The president would eliminate the estate tax and alternative minimum tax, a parallel system that primarily hits wealthier people by effectively limiting the deductions and other benefits available to them — both moves that would richly benefit Mr. Trump. Little is known of Mr. Trump’s tax burden, but one of the small nuggets revealed in the partial release of a 2005 tax return this year was that he paid $31 million under the alternative minimum tax that year.

White House Proposes Slashing Tax Rates, Significantly Aiding Wealthy

Let's play a game. Why should there be an estate tax?

Because we have massive debt, and wealthiest are benefiting the most.

We can discuss ending the inheritance tax once we solve simple poverty, and have no massive debt.

You will never solve poverty through redistribution of wealth. All you will succeed in doing is making everyone equally poor.

We have massive debt because our government spends money they don't have on shit we don't need.

Why then should we feed their bad habits with money that belongs to us?

Technically, most of the debt is owed to ourselves. Write it off.

All political talk and no political action, right wingers? End the drug war.

 

[danielpalos]

combine that with the tax cut for the elites AKA TrumpCare plan , apparently we do not have a deficit.
Who wants to even pay taxes anymore, I sure don't. If the elites are going to get a double bargain here, they do not need my tax money. There is only so much us middle Americans can take, and this is about it.


The number of individual income tax brackets would shrink from seven to three — 10, 25 and 35 percent — easing the tax burden on most Americans, including the president, although aides did not offer the income ranges for each bracket.

Individual tax rates currently have a ceiling of 39.6 percent and a floor of 10 percent. Most Americans pay taxes somewhere between the two.

The president would eliminate the estate tax and alternative minimum tax, a parallel system that primarily hits wealthier people by effectively limiting the deductions and other benefits available to them — both moves that would richly benefit Mr. Trump. Little is known of Mr. Trump’s tax burden, but one of the small nuggets revealed in the partial release of a 2005 tax return this year was that he paid $31 million under the alternative minimum tax that year.

White House Proposes Slashing Tax Rates, Significantly Aiding Wealthy

Funny how people who don't pay taxes bitches that they don't get any money when taxes are cut. What a bunch of whiney ass bitches. If you want a tax break, get off your fucking ass, and get a job like the rest of US. If you don't like it here, go to Cuba, and enjoy the Socialist Utopian Paradise where everyone is equal, equally poor and equally miserable, except the Castro's who liberal elites always get the billions.

View attachment 135961

Another wealthy one that probably does not pay taxes.

How much you want to bet I pay more in federal income tax than you make in a year?

I don't complain about taxes. Why do you.

 

[danielpalos]

So you are just greedy.

I'm always intrigued at how people like you will call others greedy for wanting to keep the money they rightfully earned, but never see yourself as greedy for thinking you're entitled to their money even though you didn't lift a finger earning it.

How many people actually earned their wealth? And, what do you mean by, "earn"? How much lucre, did Jesus the Christ, "earn" in His lifetime.

 

[danielpalos]

Please are there any normal people here?

You mean people who aren't seething jealous of others?

Who in the right mind would want to live their life, in court rooms and worrying about their every penny. No I am happy and just fine with mine.

Obviously, you aren't, otherwise you wouldn't be bitching about other people getting a proposed tax cut.

Reducing social benefits for the poor and reducing taxes for the rich; is just helping the rich get richer faster.

 

[danielpalos]

Hooray for me!

Suck it, losers!


Sent from my iPhone using USMessageBoard.com

End the Drug War, O' fiscally irresponsible, "drugless wonders".

 

[danielpalos]

combine that with the tax cut for the elites AKA TrumpCare plan , apparently we do not have a deficit.
Who wants to even pay taxes anymore, I sure don't. If the elites are going to get a double bargain here, they do not need my tax money. There is only so much us middle Americans can take, and this is about it.


The number of individual income tax brackets would shrink from seven to three — 10, 25 and 35 percent — easing the tax burden on most Americans, including the president, although aides did not offer the income ranges for each bracket.

Individual tax rates currently have a ceiling of 39.6 percent and a floor of 10 percent. Most Americans pay taxes somewhere between the two.

The president would eliminate the estate tax and alternative minimum tax, a parallel system that primarily hits wealthier people by effectively limiting the deductions and other benefits available to them — both moves that would richly benefit Mr. Trump. Little is known of Mr. Trump’s tax burden, but one of the small nuggets revealed in the partial release of a 2005 tax return this year was that he paid $31 million under the alternative minimum tax that year.

White House Proposes Slashing Tax Rates, Significantly Aiding Wealthy

Funny how people who don't pay taxes bitches that they don't get any money when taxes are cut. What a bunch of whiney ass bitches. If you want a tax break, get off your fucking ass, and get a job like the rest of US. If you don't like it here, go to Cuba, and enjoy the Socialist Utopian Paradise where everyone is equal, equally poor and equally miserable, except the Castro's who liberal elites always get the billions.

View attachment 135961

Another wealthy one that probably does not pay taxes.

How much you want to bet I pay more in federal income tax than you make in a year?

Amount does not matter.

Percentage matters.

Romney is a dirt bag that pays only 14%. For his $20 million in annual income that is piracy.

Trump pays 25%. That still sucks. He should pay more.

No it doesn't

Try writing a check for 25% of your income and tell me it's not enough

End the Drug War, right wingers. Don't whine about taxes.

 

[Penelope]

So you are just greedy.

I'm always intrigued at how people like you will call others greedy for wanting to keep the money they rightfully earned, but never see yourself as greedy for thinking you're entitled to their money even though you didn't lift a finger earning it.

Where did the money come from, their money?????????????

 

[Penelope]

Funny how people who don't pay taxes bitches that they don't get any money when taxes are cut. What a bunch of whiney ass bitches. If you want a tax break, get off your fucking ass, and get a job like the rest of US. If you don't like it here, go to Cuba, and enjoy the Socialist Utopian Paradise where everyone is equal, equally poor and equally miserable, except the Castro's who liberal elites always get the billions.

View attachment 135961

Another wealthy one that probably does not pay taxes.

How much you want to bet I pay more in federal income tax than you make in a year?

Amount does not matter.

Percentage matters.

Romney is a dirt bag that pays only 14%. For his $20 million in annual income that is piracy.

Trump pays 25%. That still sucks. He should pay more.

No it doesn't

Try writing a check for 25% of your income and tell me it's not enough

End the Drug War, right wingers. Don't whine about taxes.

T has to keep the For Profit prisons full, he took lots of money from those For Profit prisons (which Obama wanted to close). After all profit comes from customers. One can't have an empty store or an empty prison and make money.

 

[Skull Pilot]

combine that with the tax cut for the elites AKA TrumpCare plan , apparently we do not have a deficit.
Who wants to even pay taxes anymore, I sure don't. If the elites are going to get a double bargain here, they do not need my tax money. There is only so much us middle Americans can take, and this is about it.


The number of individual income tax brackets would shrink from seven to three — 10, 25 and 35 percent — easing the tax burden on most Americans, including the president, although aides did not offer the income ranges for each bracket.

Individual tax rates currently have a ceiling of 39.6 percent and a floor of 10 percent. Most Americans pay taxes somewhere between the two.

The president would eliminate the estate tax and alternative minimum tax, a parallel system that primarily hits wealthier people by effectively limiting the deductions and other benefits available to them — both moves that would richly benefit Mr. Trump. Little is known of Mr. Trump’s tax burden, but one of the small nuggets revealed in the partial release of a 2005 tax return this year was that he paid $31 million under the alternative minimum tax that year.

White House Proposes Slashing Tax Rates, Significantly Aiding Wealthy

Funny how people who don't pay taxes bitches that they don't get any money when taxes are cut. What a bunch of whiney ass bitches. If you want a tax break, get off your fucking ass, and get a job like the rest of US. If you don't like it here, go to Cuba, and enjoy the Socialist Utopian Paradise where everyone is equal, equally poor and equally miserable, except the Castro's who liberal elites always get the billions.

View attachment 135961

Another wealthy one that probably does not pay taxes.

How much you want to bet I pay more in federal income tax than you make in a year?

I don't complain about taxes. Why do you.

where did I complain?

I was merely stating a fact

And you don't complain about income taxes because you don't pay them

 

[Billy_Kinetta]

combine that with the tax cut for the elites AKA TrumpCare plan , apparently we do not have a deficit.
Who wants to even pay taxes anymore, I sure don't. If the elites are going to get a double bargain here, they do not need my tax money. There is only so much us middle Americans can take, and this is about it.


The number of individual income tax brackets would shrink from seven to three — 10, 25 and 35 percent — easing the tax burden on most Americans, including the president, although aides did not offer the income ranges for each bracket.

Individual tax rates currently have a ceiling of 39.6 percent and a floor of 10 percent. Most Americans pay taxes somewhere between the two.

The president would eliminate the estate tax and alternative minimum tax, a parallel system that primarily hits wealthier people by effectively limiting the deductions and other benefits available to them — both moves that would richly benefit Mr. Trump. Little is known of Mr. Trump’s tax burden, but one of the small nuggets revealed in the partial release of a 2005 tax return this year was that he paid $31 million under the alternative minimum tax that year.

White House Proposes Slashing Tax Rates, Significantly Aiding Wealthy

Let's play a game. Why should there be an estate tax?

Because we have massive debt, and wealthiest are benefiting the most.

We can discuss ending the inheritance tax once we solve simple poverty, and have no massive debt.

You will never solve poverty through redistribution of wealth. All you will succeed in doing is making everyone equally poor.

We have massive debt because our government spends money they don't have on shit we don't need.

Why then should we feed their bad habits with money that belongs to us?

Technically, most of the debt is owed to ourselves. Write it off.

All political talk and no political action, right wingers? End the drug war.

I'm all for it.

 

[Skull Pilot]

Funny how people who don't pay taxes bitches that they don't get any money when taxes are cut. What a bunch of whiney ass bitches. If you want a tax break, get off your fucking ass, and get a job like the rest of US. If you don't like it here, go to Cuba, and enjoy the Socialist Utopian Paradise where everyone is equal, equally poor and equally miserable, except the Castro's who liberal elites always get the billions.

View attachment 135961

Another wealthy one that probably does not pay taxes.

How much you want to bet I pay more in federal income tax than you make in a year?

Amount does not matter.

Percentage matters.

Romney is a dirt bag that pays only 14%. For his $20 million in annual income that is piracy.

Trump pays 25%. That still sucks. He should pay more.

No it doesn't

Try writing a check for 25% of your income and tell me it's not enough

End the Drug War, right wingers. Don't whine about taxes.

I'll tell you for the umpteenth time I am for the legalization of ALL drugs but I know I will be repeating this to you again because you have the memory of a goldfish

 

[danielpalos]

So you are just greedy.

I'm always intrigued at how people like you will call others greedy for wanting to keep the money they rightfully earned, but never see yourself as greedy for thinking you're entitled to their money even though you didn't lift a finger earning it.

Where did the money come from, their money?????????????

A printing press at official Mint, that can print money "almost as if by magic".

 

[Dont Taz Me Bro]

So you are just greedy.

I'm always intrigued at how people like you will call others greedy for wanting to keep the money they rightfully earned, but never see yourself as greedy for thinking you're entitled to their money even though you didn't lift a finger earning it.

Where did the money come from, their money?????????????

Yeah, that's right, their money, tard. Unless, of course, you think all of our money belongs to the government and they are just nice enough to let us keep the portion that shows up in our paycheck, in which case, you would be subscribing to Communist philosophy. Is that what you think, Trotsky?

 

[Davebd1985]

Actually little known fact, there are jobs available to promote Donald trump on various forum boards; pays pretty good too but of course being a shill is a nasty trade off. Personally the rich should spend more on tax then the poor, this fuels funding to programs that really need it. More importantly the funding goes to infrastructure (HOPEFULLY) Instead of the wall, build library's, schools, etc.

 

[Toddsterpatriot]

Actually little known fact, there are jobs available to promote Donald trump on various forum boards; pays pretty good too but of course being a shill is a nasty trade off. Personally the rich should spend more on tax then the poor, this fuels funding to programs that really need it. More importantly the funding goes to infrastructure (HOPEFULLY) Instead of the wall, build library's, schools, etc.

Personally the rich should spend more on tax then the poor,

But they do, of course.

Instead of the wall, build library's, schools, etc.

Based on your weak understanding of economics/math, your school failed you.

After we build the wall and boot the illegals, we can use the education money we save to give Americans like you remedial math classes.

 

[Skull Pilot]

Actually little known fact, there are jobs available to promote Donald trump on various forum boards; pays pretty good too but of course being a shill is a nasty trade off. Personally the rich should spend more on tax then the poor, this fuels funding to programs that really need it. More importantly the funding goes to infrastructure (HOPEFULLY) Instead of the wall, build library's, schools, etc.

The top 20% of tax earners pay 80% of all income tax the bottom 80% of earners pay 20% of all income taxes

 

[Davebd1985]

Lol, weak insults mate. Look at percentile, of course they pay. First off, after we build the wall with what? How much was the cost at the moment, 66 billion? Thats enough to fund every school on the country for 10+ years. Build 146 thousand six hundred and sixty six. Thats without upkeep cost of course, beyond that boot the illegals? Boot the illegals? You clearly are living in a fantasy, education money we save? With privatized schools from betsy devos no less, either way thats a huge joke.

 

[edthecynic]

combine that with the tax cut for the elites AKA TrumpCare plan , apparently we do not have a deficit.
Who wants to even pay taxes anymore, I sure don't. If the elites are going to get a double bargain here, they do not need my tax money. There is only so much us middle Americans can take, and this is about it.


The number of individual income tax brackets would shrink from seven to three — 10, 25 and 35 percent — easing the tax burden on most Americans, including the president, although aides did not offer the income ranges for each bracket.

Individual tax rates currently have a ceiling of 39.6 percent and a floor of 10 percent. Most Americans pay taxes somewhere between the two.

The president would eliminate the estate tax and alternative minimum tax, a parallel system that primarily hits wealthier people by effectively limiting the deductions and other benefits available to them — both moves that would richly benefit Mr. Trump. Little is known of Mr. Trump’s tax burden, but one of the small nuggets revealed in the partial release of a 2005 tax return this year was that he paid $31 million under the alternative minimum tax that year.

White House Proposes Slashing Tax Rates, Significantly Aiding Wealthy

Beat these phony Christians like Don THE Con and Pence at their own tax game and start your own "ministry" that you head. You "donate" your home as a Parsonage and specify that the head lives there. Bingo, no more property taxes, the value of the house becomes a tax deduction, and if you "donate" the money to pay for your utilities, insurance, food to feed the head and family, etc., all your living expenses are now tax deductions too!