In the last year, the ten richest men in America are 698 billion dollars richer

[citygator]

How about a 1 time wealth tax to pay the debt? An 18% tax on wealth ought to pay off 100% of the debt and it is fair. Everyone pays 18% of what they own. Debts are gone. That $30T / $160T.

 

[citygator]

Why are you so adamant about punishing successful people

If you dont pay your bills... what success is there? Look above. They amassed $160T in wealth but owe $30T in debt for the US govt.

 

[g5000]

How many of them have INCOME over $1B a year?

That's the whole scheme right there, see.

The top one percent own at least 50 percent of the stock market.

Let's say your stock portfolio increases by $1 billion in a year.

So long as you don't cash in those gains, you pay no capital gains tax.

However, you can game the system by BORROWING a billion dollars, using your stock as collateral.

Now you have a billion dollars in cash without paying taxes, and you get to invest that billion to make even more capital gains!

Even better, you get to DEDUCT THE INTEREST you pay on that loan!

That's just one of many ways the wealthy have a leg up on everyone else.

.

 

[g5000]

What a shitty ass comment and attitude.

Shitty, but sadly true.

 

[M14 Shooter]

How about a 1 time wealth tax to pay the debt?

You'll need to amend the constitution, which means it won't happen.

 

[g5000]

Every American can feel someone else's hand in their pocket. They just don't know whose hand it is, or how they are doing it.

We are all being robbed by a deliberately complicated process, aided and abetted by propagandists who are owned by the culprits.

Divide and conquer.

Then Trump comes along and tells the rubes it's the Mexicans.

Demagogues are very good at tarding down complex problems and aiming the people's anger at a minority.

And a large enough percentage of them fall for it to give the demagogue a free ride to the top.

 

[Billiejeens]

You clearly have no clue what USAID does.

I do

 

[g5000]

I do

No, it is obvious you do not.

.

 

[BrokeLoser]

**** no. My wealth is relative. If everyone else like me gets a beach house then I want one. If everyone at my level has to pay $30,000 more in taxes, then I will. Im no martyr but I will pay my fair share.

What’s the “fair share” for the bottom 40% who pay no income tax at all, use the most public and social services and commit all the crime against society?
It’s weird that libs never speak of these liabilities that are the real burden for society.
Why is that?

 

[BrokeLoser]

Shitty, but sadly true.

It’s not true at all..It just another lie you purple hair people tell over and over again to persuade yourselves.

IRS data proves Trump tax cuts benefited middle, working-class Americans most

Republicans’ 2017 tax reform law did exactly what was promised: It lowered taxes for all income groups.

thehill.com

 

[BrokeLoser]

Every American can feel someone else's hand in their pocket. They just don't know whose hand it is, or how they are doing it.

We are all being robbed by a deliberately complicated process, aided and abetted by propagandists who are owned by the culprits.

Divide and conquer.

Then Trump comes along and tells the rubes it's the Mexicans.

Demagogues are very good at tarding down complex problems and aiming the people's anger at a minority.

And a large enough percentage of them fall for it to give the demagogue a free ride to the top.

Your boy Richard Lamm said it was the Mexicans….Trump, like all good real core Americans just agree with him.

 

[Anomalism]

Unrig the system which favors the wealthy. It's not hard to understand.

If you want to.

How?

 

[g5000]

What’s the “fair share” for the bottom 40% who pay no income tax at all, use the most public and social services and commit all the crime against society?
It’s weird that libs never speak of these liabilities that are the real burden for society.
Why is that?

Every working American pays the payroll tax. Something you assholes never fail to overlook.

Even the half of payroll taxes that are paid by the employer are paid by the employee in lower wages.

Right out of the gate, at dollar one, Americans are paying 15.3 percent in payroll taxes. Someonoe who earns $60,000 is paying $9,000 in payroll taxes, BEFORE they even pay income taxes. That is a huge percentage of their income.

Payroll taxes are highly regressive.

The income tax is only about half of federal revenues. Payroll taxes are 35 percent of federal revenues. Corporate taxes are about 11 percent.

 

[BrokeLoser]

Every American can feel someone else's hand in their pocket. They just don't know whose hand it is, or how they are doing it.

We are all being robbed by a deliberately complicated process, aided and abetted by propagandists who are owned by the culprits.

Divide and conquer.

Then Trump comes along and tells the rubes it's the Mexicans.

Demagogues are very good at tarding down complex problems and aiming the people's anger at a minority.

And a large enough percentage of them fall for it to give the demagogue a free ride to the top.

Mexifornia: A State of Becoming

Massive illegal immigration from Mexico into California, Victor Davis Hanson writes, “coupled with a loss of confidence in the old melting pot model of transforming newcomers into Americans, is changing the very nature of state. Yet we Californians have been inadequate in meeting this challenge...

manhattan.institute

 

[g5000]

How?

See post 120.

 

[WEATHER53]

Why are you so adamant about punishing successful people

Because it can’t achieve any therefore no one else should and those who do are bad

 

[BrokeLoser]

Every working American pays the payroll tax. Something you assholes never fail to overlook.

Even the half of payroll taxes that are paid by the employer are paid by the employee in lower wages.

Right out of the gate, at dollar one, Americans are paying 15.3 percent in payroll taxes. Someonoe who earns $60,000 is paying $9,000 in payroll taxes, BEFORE they even pay income taxes. That is a huge percentage of their income.

Payroll taxes are highly regressive.

The income tax is only about half of federal revenues. Payroll taxes are 35 percent of federal revenues. Corporate taxes are about 11 percent.

You’re full of shit…You speak of social security and medicare withholding…both of which are investment or holding accounts for the employee as they will use that cash later in life.
Employers cover half of those costs and cover said costs in the services they render or in the cost of goods they sell.
What about all the free shit your bottom feeders eat up their entire lives…education, healthcare, EBT, rent subsidies…etc etc?

 

[Billiejeens]

No, it is obvious you do not.

.

You have no credibility here, fraud boy.

 

[WEATHER53]

Wealth is not distributed but rather achieved often taking 2/3 generations
Lib loons try and pretend it’s being doled out like their freebies

 

[WEATHER53]

You have no credibility here, fraud boy.

Just another multi screen name crying Leroy