You go Girl! Alexandria Ocasio-Cortez Plans Bill to Boost Top Individual Tax Rate to 59%

[OnePercenter]

The rich fucks scream "theft", so don´t just take 59 %, take it all, leave a food stamp.

You don't get it.

The rich will simply move their money elsewhere. Again, France tried this, and there was a mass exodus from the country. You are just going to have them move their wealthy out of the country. Just like Venezuela, or Cuba, or any other country that has tried it.

And it is theft. It just is. Taking something that other people rightfully earned, when it is not yours.... is theft. Just like if I climbed into your car and drove off... it is theft.

Even if you deny that, it doesn't change the fact that your system doesn't work.

Where are the rich going to move their monies?

Wherever they get taxed less, maybe to other countries out of the reach of greedy liberals. Just like the yacht tax decimated the American yacht industry because the rich simply bought foreign built yachts, the wealthy will not sit still and let you or anyone take their wealth.

Liberals never seem to realize that human nature always makes tax schemes generate less than they're projected to, because people protect what they've earned.

Where are the rich going to move their monies?

You tell us richie rich dumb ass .

They're not. With tRumps 50% tax cut, no place else is as tax friendly as the US. Besides, we the wealthy have the poor with credit (you) to make up the difference.

 

[The Purge]

I don't what? What do you mean?

You will never have enough assets to make a difference.

And you will NEVER HAVE ENOUGH BRAIN CELLS TO KEEP UP WITH ME ON ONE OF MY BAD DAY!....

You will never have enough assets to make a difference.

Repeat much, Or just need practice spelling?

I'm perplexed as to why you're so adamantly opposed to raising taxes on wealthy people.

Simpleton...everytime a party of INFANTICIDE member gets a tax increase through, it never stays the same but ALWAYS is extended to the middle class... one reason Trump did his tax cut....You having trouble with this?

 

[Ray From Cleveland]

I don't what? What do you mean?

You will never have enough assets to make a difference.

And you will NEVER HAVE ENOUGH BRAIN CELLS TO KEEP UP WITH ME ON ONE OF MY BAD DAY!....

You will never have enough assets to make a difference.

Repeat much, Or just need practice spelling?

I'm perplexed as to why you're so adamantly opposed to raising taxes on wealthy people.

Where do you think the wealthy people get the money to pay those taxes?

If you think they just dig deeper into their pockets, or do with one less yacht, then you've been listening to the commies way too long. Why do you suppose we have the most thriving economy in decades? How do you suppose we broke records in minority and female unemployment? Why are more and more getting off of food stamps and back to work?

The big guys never pay those taxes. They all get passed down to us little people, either by the price of their products or services increasing, a wage freeze or higher health insurance contributions from their workers, or hiring freezes.

"If you want more of something, subsidize it. If you want less of something, tax it."
Ronald Reagan

 

[rightwinger]

Bloomberg ^ | November 15, 2019

No excerpt from Bloomberg allowed, story here. She wants a 59% top income tax rate and to tax unrealized capital gains yearly, including real estate and business holdings.

REMEMBER VOTE DEMONRAT SO YOU CAN GO BROKE AND HAVE TO GIVE YOUR HOUSE TO AN ILLEGAL INVADER, OR MUSLIM TERRORIST!

That bitch knows what she is doing
Long overdue

Also tax Capital Gains at the same rate as personal income

That's when you'll lose the billionaires claiming to be for higher income taxes.

Oh no!

We don’t want to hurt the feelings of billionaires

 

[Ray From Cleveland]

The rich fucks scream "theft", so don´t just take 59 %, take it all, leave a food stamp.

You don't get it.

The rich will simply move their money elsewhere. Again, France tried this, and there was a mass exodus from the country. You are just going to have them move their wealthy out of the country. Just like Venezuela, or Cuba, or any other country that has tried it.

And it is theft. It just is. Taking something that other people rightfully earned, when it is not yours.... is theft. Just like if I climbed into your car and drove off... it is theft.

Even if you deny that, it doesn't change the fact that your system doesn't work.

Where are the rich going to move their monies?

Wherever they get taxed less, maybe to other countries out of the reach of greedy liberals. Just like the yacht tax decimated the American yacht industry because the rich simply bought foreign built yachts, the wealthy will not sit still and let you or anyone take their wealth.

Liberals never seem to realize that human nature always makes tax schemes generate less than they're projected to, because people protect what they've earned.

Where are the rich going to move their monies?

Wherever they move their businesses to when they leave the country, like all the others that left our country.

 

[Desperado]

Again the commie democrats feel they are entitled to you money more than you are. Why does anyone feel that the government should get a bigger percentage of your income than you. Anyone that is for this has shit for brains

 

[Weatherman2020]

Trump 2020 Gold.

 

[rightwinger]

You will never have enough assets to make a difference.

And you will NEVER HAVE ENOUGH BRAIN CELLS TO KEEP UP WITH ME ON ONE OF MY BAD DAY!....

You will never have enough assets to make a difference.

Repeat much, Or just need practice spelling?

I'm perplexed as to why you're so adamantly opposed to raising taxes on wealthy people.

Where do you think the wealthy people get the money to pay those taxes?

If you think they just dig deeper into their pockets, or do with one less yacht, then you've been listening to the commies way too long. Why do you suppose we have the most thriving economy in decades? How do you suppose we broke records in minority and female unemployment? Why are more and more getting off of food stamps and back to work?

The big guys never pay those taxes. They all get passed down to us little people, either by the price of their products or services increasing, a wage freeze or higher health insurance contributions from their workers, or hiring freezes.

"If you want more of something, subsidize it. If you want less of something, tax it."
Ronald Reagan

The taxes being proposed by AOC prevent them from doing just that

It hits billionaires in the pockets

 

[rightwinger]

Again the commie democrats feel they are entitled to you money more than you are. Why does anyone feel that the government should get a bigger percentage of your income than you. Anyone that is for this has shit for brains

No, we just feel that the government protecting the interests of billionaires helps nobody but the rich

 

[Ray From Cleveland]

Bloomberg ^ | November 15, 2019

No excerpt from Bloomberg allowed, story here. She wants a 59% top income tax rate and to tax unrealized capital gains yearly, including real estate and business holdings.

REMEMBER VOTE DEMONRAT SO YOU CAN GO BROKE AND HAVE TO GIVE YOUR HOUSE TO AN ILLEGAL INVADER, OR MUSLIM TERRORIST!

Wait.... LOL.... wait what? WHAT???

She wants to tax unrealized capital gains yearly?

Does everyone understand what that means? Your house... the house you own, is a capital gain that is unrealized. A capital gain, is the value of an asset increasing. Unrealized, means the value of your house went up, but you don't see it until the house is sold. When you sell it, the gain is realized.

Your home is an unrealized capital gain.

She wants to tax that??? So every year you own a house, you are going to get a Federal tax bill on the capital gain that you don't have yet........

What a winner of a plan. What a great lady. I've always hated being able to save money.

So does this also apply to my 401K I have in stocks, that I have an unrealized gain on? Can she lift off the 'burden' of being able to retire with savings?

I mean, if you are going to make me poor throughout my life, might as well make sure I retire poor as well......

Sure. I'm sure it's very common that working people have a IRA that's around or over a million bucks. To commies, you are rich. You don't need that money--government does. We all know what you will do with that money, and we all know what government will do with that money.

 

[Ray From Cleveland]

And you will NEVER HAVE ENOUGH BRAIN CELLS TO KEEP UP WITH ME ON ONE OF MY BAD DAY!....

You will never have enough assets to make a difference.

Repeat much, Or just need practice spelling?

I'm perplexed as to why you're so adamantly opposed to raising taxes on wealthy people.

Where do you think the wealthy people get the money to pay those taxes?

If you think they just dig deeper into their pockets, or do with one less yacht, then you've been listening to the commies way too long. Why do you suppose we have the most thriving economy in decades? How do you suppose we broke records in minority and female unemployment? Why are more and more getting off of food stamps and back to work?

The big guys never pay those taxes. They all get passed down to us little people, either by the price of their products or services increasing, a wage freeze or higher health insurance contributions from their workers, or hiring freezes.

"If you want more of something, subsidize it. If you want less of something, tax it."
Ronald Reagan

The taxes being proposed by AOC prevent them from doing just that

It hits billionaires in the pockets

How would it prevent them from doing that? What's government going to do, force industry into a price freeze for their products or services? Perhaps create law that they must provide wage increases even if they no longer have the resources to provide for those increases? Please walk me through the dynamics of that.

 

[Andylusion]

Bloomberg ^ | November 15, 2019

No excerpt from Bloomberg allowed, story here. She wants a 59% top income tax rate and to tax unrealized capital gains yearly, including real estate and business holdings.

REMEMBER VOTE DEMONRAT SO YOU CAN GO BROKE AND HAVE TO GIVE YOUR HOUSE TO AN ILLEGAL INVADER, OR MUSLIM TERRORIST!

Wait.... LOL.... wait what? WHAT???

She wants to tax unrealized capital gains yearly?

Does everyone understand what that means? Your house... the house you own, is a capital gain that is unrealized. A capital gain, is the value of an asset increasing. Unrealized, means the value of your house went up, but you don't see it until the house is sold. When you sell it, the gain is realized.

Your home is an unrealized capital gain.

She wants to tax that??? So every year you own a house, you are going to get a Federal tax bill on the capital gain that you don't have yet........

What a winner of a plan. What a great lady. I've always hated being able to save money.

So does this also apply to my 401K I have in stocks, that I have an unrealized gain on? Can she lift off the 'burden' of being able to retire with savings?

I mean, if you are going to make me poor throughout my life, might as well make sure I retire poor as well......

You don't, and will never have enough assets to make a difference.

I don't what? What do you mean?

You will never have enough assets to make a difference.

But I have unrealized capital gains right now. I have both real estate and business holdings right now.

So please explain how it would not make a difference.

 

[Desperado]

Again the commie democrats feel they are entitled to you money more than you are. Why does anyone feel that the government should get a bigger percentage of your income than you. Anyone that is for this has shit for brains

No, we just feel that the government protecting the interests of billionaires helps nobody but the rich

Ok so you are basically jealous of rich people

 

[Ray From Cleveland]

The rich fucks scream "theft", so don´t just take 59 %, take it all, leave a food stamp.

If the federal tax rate was 0%, the federal government would collect 0 dollars. If the federal tax rate was 100%, the government would still collect 0 dollars, because who would be stupid enough to create wealth?

 

[Andylusion]

The rich fucks scream "theft", so don´t just take 59 %, take it all, leave a food stamp.

You don't get it.

The rich will simply move their money elsewhere. Again, France tried this, and there was a mass exodus from the country. You are just going to have them move their wealthy out of the country. Just like Venezuela, or Cuba, or any other country that has tried it.

And it is theft. It just is. Taking something that other people rightfully earned, when it is not yours.... is theft. Just like if I climbed into your car and drove off... it is theft.

Even if you deny that, it doesn't change the fact that your system doesn't work.

The problem with your theorie is that if the rich move their money abroad when taxed, we don´t need them anyway. Got it? You have a government, it needs money.
All get taxed, but it is only theft when it is the rich...

You know who else said that? The French, and the result was they had to jack up taxes even higher on the poor and middle class, which led to the yellow vest protests.


You know who else said that? Venezuela, and the result was nation wide power outages, food shortages, and now over 4 million refugees.
Refugees and migrants from Venezuela top 4 million: UNHCR and IOM

You know who else said that? Cuba, and they went from being a first world economy, to being a third world economy, where average people didn't even have access to Aspirin.

You know who else said that? North Korea, which is why we have satellite photos of mass graves, and smuggled photos of N.Korean soldiers eating grass.

You say that now.... now while under our system we enjoy the products services and life style that the rich being here, create.

But every country that has ever said "We don't need them" has ended up in ruins.

Yeah we do. And without them, you are going to end up being drastically higher taxes than you do right now, and / or see a national decline in the standard of living.

 

[Ray From Cleveland]

Bloomberg ^ | November 15, 2019

No excerpt from Bloomberg allowed, story here. She wants a 59% top income tax rate and to tax unrealized capital gains yearly, including real estate and business holdings.

REMEMBER VOTE DEMONRAT SO YOU CAN GO BROKE AND HAVE TO GIVE YOUR HOUSE TO AN ILLEGAL INVADER, OR MUSLIM TERRORIST!

That bitch knows what she is doing
Long overdue

Also tax Capital Gains at the same rate as personal income

you are going to create the largest underground economy in human history. And it will also entail massive stealing of supplies before they get to the stores even. When people are outpriced, they find other ways. Especially if the product is defective in the first place.

State and multi-state lotteries contribute towards schools and various other entities that are in need of funding. So let's say a multi-state lottery is 100 million bucks one time cash value. Now if you hit, the federal government is going to take around 60 million dollars of that. Then you have your state and local taxes to mess with. So out of that 100 million, you end up with about 30 million in cash.

Now if you invest or save that money, the federal government is going to keep taking their share annually. Even if it's in assets, you better have the cash to support those assets at tax time.

Eventually they will tax you out of wealth and perhaps leave you with enough so you don't have to find a job. Are you going to continue to play those lottery games at a 120 million to one odds?

 

[Manonthestreet]

Democrats: Tax and spend

Republicans: Borrow and spend

We get the politicians we deserve.

Good thing we got rid of those stupid Teabggers

 

[Andylusion]

The rich fucks scream "theft", so don´t just take 59 %, take it all, leave a food stamp.

You don't get it.

The rich will simply move their money elsewhere. Again, France tried this, and there was a mass exodus from the country. You are just going to have them move their wealthy out of the country. Just like Venezuela, or Cuba, or any other country that has tried it.

And it is theft. It just is. Taking something that other people rightfully earned, when it is not yours.... is theft. Just like if I climbed into your car and drove off... it is theft.

Even if you deny that, it doesn't change the fact that your system doesn't work.

Where are the rich going to move their monies?

Wherever they get taxed less, maybe to other countries out of the reach of greedy liberals. Just like the yacht tax decimated the American yacht industry because the rich simply bought foreign built yachts, the wealthy will not sit still and let you or anyone take their wealth.

Liberals never seem to realize that human nature always makes tax schemes generate less than they're projected to, because people protect what they've earned.

Where are the rich going to move their monies?

Anywhere. Doesn't matter where. Anywhere would be better, than being under the tax system that AOC just proposed. Canada, UK, Australia, Germany, Finland even. Anywhere.

A wealth tax, will make anywhere in the entire world, preferable to here. If I have $200 Million to spend on a vacation home.... that home in the US is going to be taxed, and elsewhere it will not. I'm not talking property tax, that everyone pays... but a tax on the unrealized capital gain. No where else does that, although France tried it and repealed it because it was a huge failure.

So anywhere else, is going to be preferable to here, under AOC's system.

 

[Lewdog]

Bloomberg ^ | November 15, 2019

No excerpt from Bloomberg allowed, story here. She wants a 59% top income tax rate and to tax unrealized capital gains yearly, including real estate and business holdings.

REMEMBER VOTE DEMONRAT SO YOU CAN GO BROKE AND HAVE TO GIVE YOUR HOUSE TO AN ILLEGAL INVADER, OR MUSLIM TERRORIST!

You've got nothing to worry about, as do more than likely 100% of the members on this forum.... cause you sure as fuck don't make enough money to fall in that 59% category. She isn't taxing those who are cashiers at Piggly Wiggly 59%, it's those that are millionaires.

 

[francoHFW]

The rich fucks scream "theft", so don´t just take 59 %, take it all, leave a food stamp.

You don't get it.

The rich will simply move their money elsewhere. Again, France tried this, and there was a mass exodus from the country. You are just going to have them move their wealthy out of the country. Just like Venezuela, or Cuba, or any other country that has tried it.

And it is theft. It just is. Taking something that other people rightfully earned, when it is not yours.... is theft. Just like if I climbed into your car and drove off... it is theft.

Even if you deny that, it doesn't change the fact that your system doesn't work.

The problem with your theorie is that if the rich move their money abroad when taxed, we don´t need them anyway. Got it? You have a government, it needs money.
All get taxed, but it is only theft when it is the rich...

You know who else said that? The French, and the result was they had to jack up taxes even higher on the poor and middle class, which led to the yellow vest protests.


You know who else said that? Venezuela, and the result was nation wide power outages, food shortages, and now over 4 million refugees.
Refugees and migrants from Venezuela top 4 million: UNHCR and IOM

You know who else said that? Cuba, and they went from being a first world economy, to being a third world economy, where average people didn't even have access to Aspirin.

You know who else said that? North Korea, which is why we have satellite photos of mass graves, and smuggled photos of N.Korean soldiers eating grass.

You say that now.... now while under our system we enjoy the products services and life style that the rich being here, create.

But every country that has ever said "We don't need them" has ended up in ruins.

Yeah we do. And without them, you are going to end up being drastically higher taxes than you do right now, and / or see a national decline in the standard of living.

Bologna
Bologna
Those are communist not socialist.