Billionaires are lining up to support President Trump and DOGE.

[Picaro]

Oh my, what a difference an election makes! Bezos, Zuckerberg, Thiel and others now want to support President-Elect Trump and DOGE in government efficiency and deregulation efforts.
Further signs that the Democrat Regime's days are over.

https://www.axios.com/2024/12/05/trump-bezos-zuckerberg-musk-regulation

That, and a 'new sheriff in town' at Peking, who is not nearly as 'multi-national friendly' as previous Cadre regime leaders.

Americans Who Want to Do Business in China Need to Meet This Man​

He Lifeng has a direct line to President Xi Jinping and is a gatekeeper to the world’s second-largest economy​

https://www.wsj.com/world/china/china-he-lifeng-economics-xi-jinping-janet-yellen-gatekeeper-barbarian-handler-92c6927d

The Red Chinese Cadre's leading labor racketeer is upping the shakedown money. Now they want Trump to compensate them from taxpayer money and subsidize their move back with lots of Fed freebies.

https://www.wsj.com/business/lei-zhang-yale-china-hillhouse-whiz-kid-investor-baa4ec75

The Whiz Kid Who Made Billions for Yale Is Rethinking His China Strategy​

Lei Zhang helped university endowments and foundations make big returns in his native country, then the U.S. soured on China​

More than two decades ago, Lei Zhang, then a student at Yale’s School of Management, landed an internship with David Swensen, the legendary manager of the university’s endowment

The 'ivy league' loves cashing in on Red Chinese slave labor, while sniveling about Israel.

...

 

[Picaro]

YOU SAID the wealthiest at the top, with all their tax bracket cuts over the years, pay the same effective rate in taxes as they did in the 50s and 60s when they were topped at 70%-90% due to all of their tax write offs in the law back then....

Rubbish. Nobody ever paid '90%'. Go find a tax form from the 1950's and find out why. Capital gains got a 50% reduction off the top from the gross, and then had a whole continent of write offs they could deduct from the rest, i.e. with no other deductions, extremely unlikely as that is, the 'top rate' would be 90% of 50% of gains, a real top rate of 45%. Guess how top people were paid in the 1950's? Not by large salaries, that's a fact.

 

[otto105]

And what do they pay in state, RE and excise taxes? Stop it!View attachment 1051399View attachment 1051400

Apples and oranges orc.

They’re reaping the vast majority of income.

 

[AzogtheDefiler]

Apples and oranges orc.

They’re reaping the vast majority of income.

And paying vast majority of taxes. 97.2% isn’t enough?

 

[otto105]

And paying vast majority of taxes. 97.2% isn’t enough?

Not if their taking 99% of the profits.

 

[AzogtheDefiler]

Not if their taking 99% of the profits.

They aren’t. 97.2% is plenty. We have a spend problem not a revenue problem.

 

[sartre play]

Let’s face it; no human being needs a billion dollars.

Problem , 90% OF TRUMPS NEW CABINET PICKS ARE BILLIONAIRES!

 

[sartre play]

Everyone is looking for a big payday. Hopefully some will have the people's interests at heart.

HOPE YOU ARE RIGHT, I HAVE DOUBTS.

 

[otto105]

They aren’t. 97.2% is plenty. We have a spend problem not a revenue problem.

We have an income disparity problem.

 

[Care4all]

Rubbish. Nobody ever paid '90%'. Go find a tax form from the 1950's and find out why. Capital gains got a 50% reduction off the top from the gross, and then had a whole continent of write offs they could deduct from the rest, i.e. with no other deductions, extremely unlikely as that is, the 'top rate' would be 90% of 50% of gains, a real top rate of 45%. Guess how top people were paid in the 1950's? Not by large salaries, that's a fact.

GEEZ....where did i ever say anyone paid 90% on all of their income? huh?

We were discussing top tax bracket for the highest earners...and their EFFECTIVE tax rate AFTER ALL THOSE write offs....and with all those tax breaks and incentive back in the 50's, the wealthiest today with fewer write offs, still pay a much smaller percentage in taxes on their earnings today.

Maybe you should stay out of a discussion that you don't understand what the topic is about?

AND take some chill pills, you seem on edge....?

 

[AzogtheDefiler]

We have an income disparity problem.

Then get a better job. Don’t punish success

 

[AzogtheDefiler]

GEEZ....where did i ever say anyone paid 90% on all of their income? huh?

We were discussing top tax bracket for the highest earners...and their EFFECTIVE tax rate AFTER ALL THOSE write offs....and with all those tax breaks and incentive back in the 50's, the wealthiest today with fewer write offs, still pay a much smaller percentage in taxes on their earnings today.

Maybe you should stay out of a discussion that you don't understand what the topic is about?

AND take some chill pills, you seem on edge....?

You lie. They do not. I posted graphs to reflect as such. Do all you leftists lie so easily?

 

[otto105]

Then get a better job. Don’t punish success

Damn, you maga fuckups are willfully ignorant.


Back to the lowlands for you orc. Dear leader needs 50 Heil Shitlers! from you.

 

[whitehall]

How the hell does Axios get to speak for anyone including "billionaires"? Who do we see when Harris spent a Billion dollars entertaining Hollywood and pop celebs and still owes 2 million dollars to mom and pop democrat doners?

 

[AzogtheDefiler]

Damn, you maga fuckups are willfully ignorant.


Back to the lowlands for you orc. Dear leader needs 50 Heil Shitlers! from you.

Hmmm the personal insults. So boring. What’s the matter can’t debate facts?

 

[LeftofLeft]

Remember when Republicans hated billionaires like Soros and wanted them out of politics? Eckridge Farm remembers...

I am sure billionaires have your interests in their hearts.

Name or list more billionaires who made their money by betting against America?

 

[LeftofLeft]

The problem is that we don't have a spending problem, we have a revenue problem. Idiot Republicans keep cutting taxes for rich people.

What kind of Revenue problem do we have? Namely, what is the empirical solution to the “revenue” problem you site?

 

[Picaro]

GEEZ....where did i ever say anyone paid 90% on all of their income? huh?

We were discussing top tax bracket for the highest earners...and their EFFECTIVE tax rate AFTER ALL THOSE write offs....and with all those tax breaks and incentive back in the 50's, the wealthiest today with fewer write offs, still pay a much smaller percentage in taxes on their earnings today.

Maybe you should stay out of a discussion that you don't understand what the topic is about?

AND take some chill pills, you seem on edge....?

Maybe you should stop pretending you know anything and take your own advice.

 

[Care4all]

You lie. They do not. I posted graphs to reflect as such. Do all you leftists lie so easily?

Your graphs show the effective tax RATES on the wealthiest have gone down compared to the effective tax RATE of the wealthiest in the 1950%... Today, the wealthiest, turn over less as a percentage of their earnings to the government, than they once did.....today the wealthiest pay a much lower tax rate on their income with all write offs included, than they did in the 1950s with all tax write offs included.

Do you not know what effective tax rate means???

 

[Care4all]

What kind of Revenue problem do we have? Namely, what is the empirical solution to the “revenue” problem you site?

Raise tax rates on those who got the biggest tax cuts, the wealthiest..., to where they once were,

Instead of taxing the everyday mom, pop, and kid, MORE with his tariffs...to collect more in taxes.

When the wealthiest people and corporations are taxed at a higher rate, they make wiser decisions on what to do with their money.... Investment wise.... As example: When the highest rate was 91%, businesses reinvested in to their businesses, which was not taxable...it spurred company growth and expansion, more hires, higher pay for employees...

do you want to give the govt 91% of your profit /earnings, or increase the salary of your top dog workers with the money, which would not be taxed? Or expand your too small factory, or office complex! Or hire a larger salesforce with that 91% that was suppose to be going to big govt?