Right-Wing Challenge: Fair Income Tax For The Top 50% vs Bottom 50%

[progressive hunter]

I don't want to redistribute wealth. But I do want to have an equitable/progressive tax system.

so that would mean everyone either pays the same amount or the same rate,,

having one group pay more while the other sucks that tit is the opposite of equality,,

 

[jc456]

I don't want to redistribute wealth. But I do want to have an equitable/progressive tax system.

it is already progressive. You should investigate that. The more one makes, the more one pays. you don't know this? Are you not in the US?

 

[Nostra]

I don't want to redistribute wealth. But I do want to have an equitable/progressive tax system.

So you do want everyone treated the same....

equitable​

(ekwɪtəbəl )
adjective
Something that is equitable is fair and reasonable in a way that gives equal treatment to everyone.

 

[jc456]

I'm not confused. I think Elon Musk can afford to pay a higher tax rate than someone near the poverty level.

why should he be punished for success? Explain? He invests, and creates jobs, how many jobs do the poor create?

 

[jc456]

So you do want everyone treated the same....

equitable​

(ekwɪtəbəl )
adjective
Something that is equitable is fair and reasonable in a way that gives equal treatment to everyone.

he doesn't believe in that. He plays off success, and wishes to punish more of that success. evil people

 

[jc456]

The goal is to fund government as equitably as possible for the betterment of everyone.

that isn't true today, nor is that what you represent.

 

[kyzr]

So why are you focused on punishing the rich?

The rich aren't being punished. They pay a higher tax rate because they can easily afford it.
As you showed Musk paid $12b and is still worth $676b, not suffering.

 

[jc456]

Even after writing that check for $12b Elon Musk is still worth $676b, he is not suffering.

off with his head is your answer?

 

[jc456]

The rich aren't being punished. They pay a higher tax rate because they can easily afford it.
As you showed Musk paid $12b and is still worth $676b, not suffering.

isn't that progressive?
Isn't that what you asked for?
So it already exists and it isn't good enough?
is that your argument?

 

[progressive hunter]

I'm not confused. I think Elon Musk can afford to pay a higher tax rate than someone near the poverty level.

the world doesnt work on what you think,,

I think no one should pay taxs on the money they make from their hard work,,

what you think requires a gun and force,,

what I think means we dont use a gun and force,,

in otherwords youre a fascist and I am not,,

 

[kyzr]

that's exactly whats happening,, you force them to pay at a higher rate because of their success,,
helping the poor has never been a main function of government in this country,,
that falls on the people to help their neighbor not the government to steal from one and give to another,,
that's covered in the last sentence of the 5th amendment,,you're thinking of communist countries not the USA

Don't just whine about tax rates. The wealthy get all kinds of subsidies that more than compensate for higher taxes.
Look at corporate welfare, giving taxpayer money to corporations as "gifts" to increase stock portfolios.
Look at all the tax deductions the wealthy get, and look at how the wealthy keep getting wealthier while the poor keep getting poorer.

Client Challenge

The affluent also benefit from government subsidies more than the poor, he said. According to Desmond, the wealthiest families in the United States receive an average of about $35,000 annually in tax benefits, while the poorest get an average of $25,000 in subsidies. These are realized in mortgage incentives, special investment accounts, like 529 accounts that help pay for college, and other tax breaks for the wealthy.

https://www.forbes.com/sites/eriksherman/2023/03/26/financial-aid-to-the-wealthy-first-poor-last/

"Start with one point he brings up: the mortgage interest deduction. Many people will argue that it isn’t a government benefit like “a housing subsidy or food stamps.” But of course it is. If you get to deduct interest payments, especially early on in ownership when they form the large bulk of mortgage payments, you don’t pay taxes on that amount. The more expensive the home and higher the mortgage, the greater the subsidy effectively is."

 

[progressive hunter]

Don't just whine about tax rates. The wealthy get all kinds of subsidies that more than compensate for higher taxes.
Look at corporate welfare, giving taxpayer money to corporations as "gifts" to increase stock portfolios.
Look at all the tax deductions the wealthy get, and look at how the wealthy keep getting wealthier while the poor keep getting poorer.

Client Challenge

The affluent also benefit from government subsidies more than the poor, he said. According to Desmond, the wealthiest families in the United States receive an average of about $35,000 annually in tax benefits, while the poorest get an average of $25,000 in subsidies. These are realized in mortgage incentives, special investment accounts, like 529 accounts that help pay for college, and other tax breaks for the wealthy.

https://www.forbes.com/sites/eriksherman/2023/03/26/financial-aid-to-the-wealthy-first-poor-last/

"Start with one point he brings up: the mortgage interest deduction. Many people will argue that it isn’t a government benefit like “a housing subsidy or food stamps.” But of course it is. If you get to deduct interest payments, especially early on in ownership when they form the large bulk of mortgage payments, you don’t pay taxes on that amount. The more expensive the home and higher the mortgage, the greater the subsidy effectively is."

end all subsidies,, problem solved,,

did you read the definition of equitable that was posted earlier??

what youre suggesting isnt that,, its the opposite

 

[jc456]

Don't just whine about tax rates. The wealthy get all kinds of subsidies that more than compensate for higher taxes.

everyone is equal in that. Did you know that?

 

[kyzr]

So you do want everyone treated the same....

equitable​

Something that is equitable is fair and reasonable in a way that gives equal treatment to everyone.

equitable, means FAIR​

Showing or characterized by equity; just and fair. synonym: fair. (not equal)

 

[jc456]

wealthiest families in the United States receive an average of about $35,000 annually in tax benefits,

Why is that? Can you explain it?

 

[kyzr]

why should he be punished for success? Explain? He invests, and creates jobs, how many jobs do the poor create?

Musk is not punished by taxes. He has more than enough money to still do whatever he wants to do.

Warren Buffett's Surprising Stance on Billionaire Taxes: What It Means for You

Buffet's recent statements underscore his long-standing advocacy for tax, emphasizing that billionaires and large corporations should pay more to support the federal budget.

www.investopedia.com

 

[jc456]

equitable, means FAIR​

Showing or characterized by equity; just and fair. synonym: fair. (not equal)

dude, you didn't address the elephant

 

[kyzr]

isn't that progressive?
Isn't that what you asked for?
So it already exists and it isn't good enough?
is that your argument?

The argument here is for the "fair tax" to replace the current progressive tax system. I'm pushing back.

 

[kyzr]

Why is that? Can you explain it?

read the link

Client Challenge

 

[kyzr]

dude, you didn't address the elephant

There is no elephant.