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

[Nostra]

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.

Would it punish the poor to make them pay a higher rate than the rich?

 

[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."

what are these 35K in benefits rich families receive??

my guess is you dont know and are just repeating what youre told to,,

 

[kyzr]

Would it punish the poor to make them pay a higher rate than the rich?

That argument makes no sense. The poor need financial help, the wealthy do not.

 

[jc456]

There is no elephant.

then why didn't you respond to equal treatment?

 

[Nostra]

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

Whining about tax rates is exactly what you are doing, Simp.

How are those "subsidies" working out?

 

[jc456]

That argument makes no sense. The poor need financial help, the wealthy do not.

so you can't answer. Why are you here then?

 

[kyzr]

what are these 35K in benefits rich families receive??
my guess is you dont know and are just repeating what you're told to,,

read the link and find out...

Client Challenge

 

[progressive hunter]

That argument makes no sense. The poor need financial help, the wealthy do not.

no one is stopping you from helping them,,

what you want is to steal from me and give to them,,

that violates the 5th amendment,,

 

[kyzr]

so you can't answer. Why are you here then?

I answered. "The poor need financial help, the wealthy do not."

 

[progressive hunter]

read the link and find out...

Client Challenge

so you are just repeating what youre told too,,

youre a typical useful idiot,,

and a thief,,

 

[jc456]

read the link and find out...

Client Challenge

so you can't answer the question. I think you should, you posted it. I have absolutely no reason to believe what you posted without some evidence son.

 

[kyzr]

then why didn't you respond to equal treatment?

Because I prefer fair treatment to equal treatment.

 

[jc456]

I answered. "The poor need financial help, the wealthy do not."

you didn't answer why? That's a statement, not fact. Tell us why?

 

[kyzr]

no one is stopping you from helping them,,
what you want is to steal from me and give to them,,
that violates the 5th amendment,,

Apparently not, its the progressive tax system currently in effect.

 

[jc456]

Because I prefer fair treatment to equal treatment.

what is fair then? semantics is so stupid.

 

[progressive hunter]

I answered. "The poor need financial help, the wealthy do not."

I have been poor pretty much my whole life,,
in those 55 yrs I have never needed help from government to feed my kids or pay my bills,,

you are free to help them all you want,,

 

[kyzr]

so you are just repeating what you're told too,,
you're a typical useful idiot,, and a thief,,

I'm simply debating the thread's topic.

 

[Nostra]

equitable, means FAIR​

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

No stupid, the definition says equitable means EQUAL.

Fair is treating everyone the same too.

You can't win this one on your lies, Dumbass.

 

[leftwinger]

Fix the FRAUD. Lower Interest rates to Obiden zero level. Then see what the real numbers are.

No more money for heroin addicts.

 

[Nostra]

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

How do you know what he wans to do?