Biden says again, “the wealthy need to pay their fair share”

[LeftofLeft]

Says the man who donated less than $400 to charity against $320k in reported earnings.

Redirect Notice

www.google.com

 

[Ray From Cleveland]

I see Democrats are blaming the 'rich' again. Do they have any new talking point that wasn't invented in 1972?

It's too bad the Forbes' flat tax was never adopted. That's the way to go.

What I think we need is a consumption tax in this country. The money will go strictly to our over spending and debt. People on the left love things like free college, paid time off, reparations, free medical care because they know they won't have to pay for it. If we all had to pay, you'd see how fast they'd realize nothing is free, and lose interest in having the federal government provide these things.

If you rob Peter to pay Paul, the Paul's of your society generally have no objections.

It won't work because it doesn't address the underlying problem. No amount of tax revenue will stop these stupid shits in Washington from spending every last dime and continuing to borrow and spend more on top of that. And I have seen that 'dedicated to...' BS pulled at the state level. Oregon promised to dedicate lottery revenue to schools, which they did. Then they took all the money for schools that had been in the general budget and spent that on other crap. Hence the lottery revenue was a net new increase in overall taxation and spending, shocker.

My state did the exact same thing with the lottery.

Politicians spend nothing without the support of the people. Economist Walter E Williams put it best when he said "I'm going to run for Congress. My platform will be that if elected, I will bring no money back to my state. Would you vote for me?"

People overwhelmingly support spending they don't have to pay for. With a consumption tax, everybody has a horse in the race. Our consumption tax will be 10% of every dollar spent. You want free college? It goes up to 11%. You want a greener country, it goes up to 12%. You want healthcare for all, it goes up to 20% and so on.

If we actually had to pay for all this spending, people would refuse to support the politicians that needlessly spend money and that would help solve our spending problem. Some people want stimulus checks and an extra 600 bucks for unemployment. If it raised our consumption tax another percent, you'd see how fast the public would turn against Piglosi on such matters.

If they whacked people with a 24% consumption tax like other countries do that would put some major breaks on the spending. But I predict Washington would start wailing and crying and in short order we'd have all the old taxes at the old levels plus the 24% consumption tax on top of it. If they abolished the income tax and property taxes and amended the Constitution to chisel that in stone so politicians couldn't re-implement those taxes then I'd talk a consumption tax.

It's less about spending and revenue than it is about people supporting all the BS both parties needlessly spend money on. Take the 600 bucks a week in unemployment. There are many people who are not looking for work because they make more sitting home on unemployment than they do getting another job. Of course they support it. But if it upped our consumption tax by 1% more, only those who are on it would support it because they'd make out better in the end. Everybody else? Forget about it. State unemployment was enough for other recessions, and it's enough for this one.

It’s over though, my daughter’s unemployment just ended. Got to believe most everyone else’s is too. No new money. Hmmmm

btw, she wanted to work, but the school district wouldn’t open up. Guess what, they just opened . Funny huh?

You mean the fed supplement or the state unemployment? Did she lose both?

Unemployment is all I know. 600 a week

Okay, well it sounds to me like she lost the fed supplement, but is still collecting the state unemployment which if not for the virus, is all anybody would get.

You see, the problem with all this is that when people were collecting both, state and fed unemployment, it was very comparable to a working wage of 60K a year if you consider taxes that you pay while working that you don't pay under unemployment. That discourages people from looking for a job.

 

[Ray From Cleveland]

One cannot live on 37k anywhere in america. Perhaps in some poor run down hicktown. That's not living.

WTF do you live anyway? I know people making that or less that are doing just fine in northeast Ohio. Granted, they are not living high on the hog, but they have the basics and standard amenities that anybody else in the country has. They can own a home, afford a reasonable rent, have a later model car and newest smart phone.

I suspect that you live in one of these extremely high cost of living blue states where 37k a year means living under a bridge. I think you should get out of where you live and see how the rest of the country does. Either that or watch HGTV, where a 800K house where you live costs around 250K here in Ohio, and even less in some of the southern states. And no, not all towns and cities in the southern states are hick towns as you call them.

 

[DustyInfinity]

What the hell does that mean? Is that actionable legislation?

Who is WEALTHY? What is their FAIR SHARE?

Millionaires living in California and New York pay nearly 60% of their earnings in taxes.

If thats not enough...what is enough?

Who is wealthy and what should they be taxed?

What Joe is saying is ******* meaningless drivel.

Except they don't pay 60%. The pay anywhere from 19 to zero.

How will Biden ever get the desired amount of taxes he will need?
MY opinion is he'll have to hit the middle and low income, and he's pretty much admitted that.

Ask a dem how anything they do helps people who work or the middle class, crickets. In the end, everyone is dirt poor and dependent while the Bidens and Sanders have multiple homes, yachts, and are laughing their butts off.

 

[DustyInfinity]

I want them to define 'Fair Share'. Why won't they? isn't he a rich mother fker? So he wants to pay more? Then why isn't he? Don't we have any journalism any more.

Their only hope is to capture a leprechaun. That is the only way it works.

 

[DustyInfinity]

What the hell does that mean? Is that actionable legislation?

Who is WEALTHY? What is their FAIR SHARE?

Millionaires living in California and New York pay nearly 60% of their earnings in taxes.

If thats not enough...what is enough?

Who is wealthy and what should they be taxed?

What Joe is saying is ******* meaningless drivel.

I'll tell you what I'll bet that most rich people would be more than happy, estatic even to pay their fair share and stop having to pay everyone else's too.

LOL, that's why a demofk in here will not touch that definition with a fking ten foot pole. They know they pay far and above their share. Fair or whatever they wish to call it.

Hell ask a Dem how much tax revenue would be enough, they never give an answer, just MORE.

Isn't that in CCR's Fortunate Son?

 

[DustyInfinity]

I see Democrats are blaming the 'rich' again. Do they have any new talking point that wasn't invented in 1972?

The evil rich people and racism, it is like a friggin time machine.

 

[jc456]

I want them to define 'Fair Share'. Why won't they? isn't he a rich mother fker? So he wants to pay more? Then why isn't he? Don't we have any journalism any more.

Their only hope is to capture a leprechaun. That is the only way it works.

Who?

 

[DustyInfinity]

I want them to define 'Fair Share'. Why won't they? isn't he a rich mother fker? So he wants to pay more? Then why isn't he? Don't we have any journalism any more.

Their only hope is to capture a leprechaun. That is the only way it works.

Who?

The dems for getting all their numbers to work out. Or the republicans if the dems gain power.

 

[Oldestyle]

What the hell does that mean? Is that actionable legislation?

Who is WEALTHY? What is their FAIR SHARE?

Millionaires living in California and New York pay nearly 60% of their earnings in taxes.

If thats not enough...what is enough?

Who is wealthy and what should they be taxed?

What Joe is saying is ******* meaningless drivel.

Liberals have been saying that for decades now, Colonel and here's how that goes down...liberals pass a big tax on the "wealthy" but before they can grab that "wealthy" cash...the wealthy are two steps ahead of them and move their wealth to places where it can't be taxed. End result? The new tax on wealth brings in less than before the tax was passed! Then liberals turn to the people that CAN'T hide their wealth like that...the Middle Class! Bada Bing Bada Bang! Big tax increase on the average American!

 

[Ray From Cleveland]

What the hell does that mean? Is that actionable legislation?

Who is WEALTHY? What is their FAIR SHARE?

Millionaires living in California and New York pay nearly 60% of their earnings in taxes.

If thats not enough...what is enough?

Who is wealthy and what should they be taxed?

What Joe is saying is ******* meaningless drivel.

Liberals have been saying that for decades now, Colonel and here's how that goes down...liberals pass a big tax on the "wealthy" but before they can grab that "wealthy" cash...the wealthy are two steps ahead of them and move their wealth to places where it can't be taxed. End result? The new tax on wealth brings in less than before the tax was passed! Then liberals turn to the people that CAN'T hide their wealth like that...the Middle Class! Bada Bing Bada Bang! Big tax increase on the average American!

Of course which is why most of your most well known wealthy people are liberal Democrats.

Tax free bonds don't pay much for a working stiff. You would never invest your IRA into strictly those. But if you have a few hundred million dollars invested in those bonds, It's a pretty nice cash flow. So increased taxes doesn't hurt the Bill Gates's of this country, it hurts the people trying to get to his level. After all, when you're at the top, you want to be there with as few people as possible. The king of the hill will always strive to keep that hill.

 

[jc456]

What the hell does that mean? Is that actionable legislation?

Who is WEALTHY? What is their FAIR SHARE?

Millionaires living in California and New York pay nearly 60% of their earnings in taxes.

If thats not enough...what is enough?

Who is wealthy and what should they be taxed?

What Joe is saying is ******* meaningless drivel.

I'll tell you what I'll bet that most rich people would be more than happy, estatic even to pay their fair share and stop having to pay everyone else's too.

LOL, that's why a demofk in here will not touch that definition with a fking ten foot pole. They know they pay far and above their share. Fair or whatever they wish to call it.

Fair is defined by who you ask. It's subjective.

Two people walk into a room with nobody there and see a cake on a table. A Republican would consider it fair if each of those people took half of the cake.

A Democrat would want to know how much money each one makes. They would want to know where they live. They would take note of their race. They'd want to know what kind of vehicle they drive.

Depending on how those two people answer the question, one might get the entire cake and the other one, nothing at all. That's what a Democrat thinks is fair.

technically, there is no such thing as fair. again, they know this. That's why they just blurt it out like ice cream trucks rolling down the road ringing a bell. They are just very stupid people. no one listens to that phrase anymore.

Correct, only their fellow commies pay attention. Fair is equal for everybody. That's what fair actually means like my cake scenario.

If I go to McDonald's for a Big Mac combo, and Bill Gates is behind me in line doing the same. We both pay $5.99 for the Combo. He doesn't pay $100.00 and me $2.50 because of the drastic income difference. We both pay the same price. That's fair.

then they currently pay their fair share. So why the constant nonsense about fair share? I get your entire scenario. The thing is, you're a reasonable SOB, I wish the unreasonable SOB's chime in. and yet they remain silent like crickets. chirp, chirp!!!

BTW, thanks.

 

[jc456]

What the hell does that mean? Is that actionable legislation?

Who is WEALTHY? What is their FAIR SHARE?

Millionaires living in California and New York pay nearly 60% of their earnings in taxes.

If thats not enough...what is enough?

Who is wealthy and what should they be taxed?

What Joe is saying is ******* meaningless drivel.

Liberals have been saying that for decades now, Colonel and here's how that goes down...liberals pass a big tax on the "wealthy" but before they can grab that "wealthy" cash...the wealthy are two steps ahead of them and move their wealth to places where it can't be taxed. End result? The new tax on wealth brings in less than before the tax was passed! Then liberals turn to the people that CAN'T hide their wealth like that...the Middle Class! Bada Bing Bada Bang! Big tax increase on the average American!

Of course which is why most of your most well known wealthy people are liberal Democrats.

Tax free bonds don't pay much for a working stiff. You would never invest your IRA into strictly those. But if you have a few hundred million dollars invested in those bonds, It's a pretty nice cash flow. So increased taxes doesn't hurt the Bill Gates's of this country, it hurts the people trying to get to his level. After all, when you're at the top, you want to be there with as few people as possible. The king of the hill will always strive to keep that hill.

Yo Ray, the other fair scenario not spelled out yet are the 40% of those who receive our hard earned cash to go to Mickie D's and purchase that Big Mac combo, we are still buying it. Why aren't these fks asking for the 40% to pay their fair share? why does the rope not have another end for them? irrational pukes each and everyone of these asshats.

 

[jc456]

The dems for getting all their numbers to work out.

they couldn't count the Iowa caucus ballots. they can't do math, they are the most inept humans out there.

 

[Ray From Cleveland]

What the hell does that mean? Is that actionable legislation?

Who is WEALTHY? What is their FAIR SHARE?

Millionaires living in California and New York pay nearly 60% of their earnings in taxes.

If thats not enough...what is enough?

Who is wealthy and what should they be taxed?

What Joe is saying is ******* meaningless drivel.

Liberals have been saying that for decades now, Colonel and here's how that goes down...liberals pass a big tax on the "wealthy" but before they can grab that "wealthy" cash...the wealthy are two steps ahead of them and move their wealth to places where it can't be taxed. End result? The new tax on wealth brings in less than before the tax was passed! Then liberals turn to the people that CAN'T hide their wealth like that...the Middle Class! Bada Bing Bada Bang! Big tax increase on the average American!

Of course which is why most of your most well known wealthy people are liberal Democrats.

Tax free bonds don't pay much for a working stiff. You would never invest your IRA into strictly those. But if you have a few hundred million dollars invested in those bonds, It's a pretty nice cash flow. So increased taxes doesn't hurt the Bill Gates's of this country, it hurts the people trying to get to his level. After all, when you're at the top, you want to be there with as few people as possible. The king of the hill will always strive to keep that hill.

Yo Ray, the other fair scenario not spelled out yet are the 40% of those who receive our hard earned cash to go to Mickie D's and purchase that Big Mac combo, we are still buying it. Why aren't these fks asking for the 40% to pay their fair share? why does the rope not have another end for them? irrational pukes each and everyone of these asshats.

It's how they maintain control of the people. If you want their vote, give them things and in return, they will give you power: Obama Money.

People who are good or great earners are a minority in our country, therefore cannot protect themselves via vote. I don't know what that's like since I'm far from wealthy. However as a smoker and landlord, I can relate since we too are minorities who have been targeted repeatedly by liberal Democrats for the theft of our money.

What Democrats do to minority groups is no different than the 22 your old punk who attacks a 85 year old man and beats or kills him for his wallet. He is helpless and the thug knows it which is why that person was targeted. It doesn't matter if you are wealthy, a tobacco user, a person who can't afford healthcare insurance. Target those people because they won't be able to cost us an election.

 

[kaz]

What the hell does that mean? Is that actionable legislation?

Who is WEALTHY? What is their FAIR SHARE?

Millionaires living in California and New York pay nearly 60% of their earnings in taxes.

If thats not enough...what is enough?

Who is wealthy and what should they be taxed?

What Joe is saying is ******* meaningless drivel.

Except they don't pay 60%. The pay anywhere from 19 to zero.

The top 1% pay over 40% of all Federal income taxes. What should they pay?

 

[kaz]

What the hell does that mean? Is that actionable legislation?

Who is WEALTHY? What is their FAIR SHARE?

Millionaires living in California and New York pay nearly 60% of their earnings in taxes.

If thats not enough...what is enough?

Who is wealthy and what should they be taxed?

What Joe is saying is ******* meaningless drivel.

Except they don't pay 60%. The pay anywhere from 19 to zero.

Funny how the rich pay the vast
majority of income taxes without paying taxes.

How does that work?

Dems keeping demonizing the 'rich' because it works. Millions of dumb ass rank and file Dems actually believe the 'rich' don't pay their fair share, what idiots.

It is funny how idiots always buy the richest elites telling them that rich people are evil.

Somehow they forgot to ask Burisma Biden what his net worth is - and how is it possibly tenable that a public servant ended up with so much pork.

So he''s rich. But not nearly as loaded as the Rump kids or even the Walmart Kids. There is point here.

The Rich DON'T pay their fair share and it doesn't matter their partisan backing. They are Capitalist first an everything else second. And unchecked Capitalism is not a good thing.

The bottom half of taxpayers (note that's well over half of Americans) pay zero percent in taxes. The top 5% pay 60% of Federal income taxes. How much should they pay? Be specific

 

[kaz]

a lot of European countries eliminated the wealth tax, from Norway to the Netherlands. it's a failed socialist pipe dream, my friends!

If you want the rich to leave the United States, then the wealth tax is the way to do it. Taxing the same money over and over year after year. That's what's happened to France and Euro socialist weenie countries

 

[Ray From Cleveland]

a lot of European countries eliminated the wealth tax, from Norway to the Netherlands. it's a failed socialist pipe dream, my friends!

If you want the rich to leave the United States, then the wealth tax is the way to do it. Taxing the same money over and over year after year. That's what's happened to France and Euro socialist weenie countries

If you take all the poor people out of our country, put them on an island somewhere, the country only gets better. Take all the wealthy out of our country and do the same, the country collapses.

 

[BluesLegend]

a lot of European countries eliminated the wealth tax, from Norway to the Netherlands. it's a failed socialist pipe dream, my friends!

If you want the rich to leave the United States, then the wealth tax is the way to do it. Taxing the same money over and over year after year. That's what's happened to France and Euro socialist weenie countries

Did you know that swine Democrats passed a punishment tax that slams wealthy people if they dare leave the USA and become citizens in of another country?