Bobby's big mad! He has just found out. (NYC)

[RoshawnMarkwees]

He needs to star in a remake of Charly so he can do some effective method acting.

 

[Toddsterpatriot]

Flat taxes are regressive.

Liar.

 

[Nostra]

Flat taxes are regressive.

Please tell us how everyone being treated exactly the same is unfair, Simp.

GO!

 

[SassyIrishLass]

Robert DeNiro thinks that taxes are to be paid by the other guy.
Bobby thinks he should get some sort of an exemption because of who he is. Sorry, it doesn't work that way. You voted for it. Or if you voted for Cuomo, your party still allowed a system that nominated an Islamic Marxist. FAFO.

Bobby is a clown

 

[SassyIrishLass]

It's a shame I still have to swallow a little bile before viewing Taxi Driver or Goodfellas.

Those are about the only two De Niro movies left I'll still watch.

Maybe Casino.

His movie roles makes him thinks he's gangsta

 

[22lcidw]

Flat taxes are regressive.

There may be versions. Perhaps sending out checks every few months to the lower classes depending on level of income. Impediments can be state, local, city and other tazes of all types.

 

[Lockback]

Please tell us how everyone being treated exactly the same is unfair, Simp.

GO!

 

[DonGlock26]

Flat taxes are regressive.

Really? If the rich pay it without the countless tax shelters of the current “progressive” tax?

 

[Crepitus]

Please tell us how everyone being treated exactly the same is unfair, Simp.

GO!

I'm tired of explaining this to you kids so from here on out when asked this question I will use AI to answer it.

Understanding the Regressive Effect
The core argument for why flat taxes are regressive is based on the concept of disposable income and economic burden:

• Same Rate, Different Impact: Even if two people pay the same percentage of their income in tax, that amount represents a much larger, more significant portion of a lower-income person's ability to pay for necessities like food and shelter. A higher-income individual pays the same rate but still has substantially more discretionary income left over after taxes.
• Spending on Necessities: Lower-income households must spend most or all of their income on essential, often taxable, goods and services. In contrast, wealthier individuals can save or invest a larger portion of their income (which may be taxed differently), meaning a smaller overall percentage of their total wealth is effectively taxed.
• Examples: Common examples of taxes with a regressive impact include sales taxes and payroll taxes, as they apply a fixed rate up to a certain income threshold or to consumption generally.

Feel free to refer any and all questions to Google Gemini.

 

[Crepitus]

There may be versions. Perhaps sending out checks every few months to the lower classes depending on level of income. Impediments can be state, local, city and other tazes of all types.

Please see post #49 above

 

[SassyIrishLass]

I'm tired of explaining this to you kids so from here on out when asked this question I will use AI to answer it.

Understanding the Regressive Effect
The core argument for why flat taxes are regressive is based on the concept of disposable income and economic burden:

• Same Rate, Different Impact: Even if two people pay the same percentage of their income in tax, that amount represents a much larger, more significant portion of a lower-income person's ability to pay for necessities like food and shelter. A higher-income individual pays the same rate but still has substantially more discretionary income left over after taxes.
• Spending on Necessities: Lower-income households must spend most or all of their income on essential, often taxable, goods and services. In contrast, wealthier individuals can save or invest a larger portion of their income (which may be taxed differently), meaning a smaller overall percentage of their total wealth is effectively taxed.
• Examples: Common examples of taxes with a regressive impact include sales taxes and payroll taxes, as they apply a fixed rate up to a certain income threshold or to consumption generally.

Feel free to refer any and all questions to Google Gemini.

Look at you... thinking you matter

 

[Crepitus]

Really? If the rich pay it without the countless tax shelters of the current “progressive” tax?

Please see post #49 above

 

[Crepitus]

Look at you... thinking you matter

Your surrender is accepted.

 

[skye]

It's a shame I still have to swallow a little bile before viewing Taxi Driver or Goodfellas.

Those are about the only two De Niro movies left I'll still watch.

Maybe Casino.

 

[Toddsterpatriot]

I'm tired of explaining this to you kids so from here on out when asked this question I will use AI to answer it.

Understanding the Regressive Effect
The core argument for why flat taxes are regressive is based on the concept of disposable income and economic burden:

• Same Rate, Different Impact: Even if two people pay the same percentage of their income in tax, that amount represents a much larger, more significant portion of a lower-income person's ability to pay for necessities like food and shelter. A higher-income individual pays the same rate but still has substantially more discretionary income left over after taxes.
• Spending on Necessities: Lower-income households must spend most or all of their income on essential, often taxable, goods and services. In contrast, wealthier individuals can save or invest a larger portion of their income (which may be taxed differently), meaning a smaller overall percentage of their total wealth is effectively taxed.
• Examples: Common examples of taxes with a regressive impact include sales taxes and payroll taxes, as they apply a fixed rate up to a certain income threshold or to consumption generally.

Feel free to refer any and all questions to Google Gemini.

Even if two people pay the same percentage of their income in tax, that amount represents a much larger, more significant portion of a lower-income person's ability to pay for necessities like food and shelter.

Sounds like a good reason to keep flat tax rates low.

Lower-income households must spend most or all of their income on essential, often taxable, goods and services.

Sounds like a good reason to keep sales tax rates low.

 

[SassyIrishLass]

Your surrender is accepted.

Fckn stupid

 

[Crepitus]

Even if two people pay the same percentage of their income in tax, that amount represents a much larger, more significant portion of a lower-income person's ability to pay for necessities like food and shelter.

Sounds like a good reason to keep flat tax rates low.

Lower-income households must spend most or all of their income on essential, often taxable, goods and services.

Sounds like a good reason to keep sales tax rates low.

As usual, you seem to have missed the entire point.

 

[DonGlock26]

Please see post #49 above

Explain how a 15% flat tax rate is less progressive than the millionaires like John Kerry paying 13%?


"In 2004, John Kerry and his wife released portions of their separate tax returns that showed the couple paid an effective federal tax rate of about 13 percent on $5.5 million in income from the year before. (At first, Kerry only released his own tax return. He later released the first two pages of the tax return of his millionaire wife, Teresa Heinz.) "

Mitt Romney’s not the only 15 percenter: John Kerry paid 13 percent in taxes in 2003

Mitt Romney acknowledged yesterday that his tax rate is probably about 15 percent--lower than what many high-income families pay. Romney, whose net worth is estimated to be between $200 and $250 milli...

www.yahoo.com

 

[Crepitus]

Fckn stupid

I agree totally. You are dumber than two stacked rocks.

 

[SassyIrishLass]

As usual, you seem to have missed the entire point.

Your surrender is accepted