Should The Rich Be Required To Pay Higher Taxes In the US?

[danielpalos]

...The company I currently work for would be out of business if you raised tariffs. No country has ever protected itself into prosperity.

what if we just tax the wealthiest; and let the rest invest here?

Lefties are one-trick ponies. At least you don't try to masquerade your agenda.

"Eat the rich!" "Kill the banksters!" "Create my Worker's Paradise!"

that was last millennium; we have better propaganda and rhetoric now.

Why not simply Tax the Wealthiest into Heaven.

Official poverty in Heaven would result in maXimal at-will productivity.

from each according to his ability to each according to his need; what a communal concept.

 

[hadit]

They do that because they know they have implicit permission to do so from Washington. It's against the law to do it, so obviously passing more laws is pointless unless current law is enforced. "Sanctuary cities"? Same thing.

You mean Gov't that was captured by the "job creators' themselves?

I mean the government that became big enough and powerful enough that it inevitably attracted money from those seeking influence. Remove government's ability to force things and you remove corruption.

You mean that Randian fetish that has NEVER worked anywhere? I don't care the size of Gov't, but want effective Gov't the opposite of the CONservatives/GOP

You're not going to get it, because your masters in the DNC don't want you to have it. Here's a clue for the terminally dumb. They SELL influence, and you fall for the fiction that they're mad at the other guys for selling influence. Useful indeed to them you are.

Weird, so the Dems putting forward reform bills meant what Bubs?

That they knew the bills would go nowhere and they never intended for them to become law, Cletus. Those with an IQ above room temperature understand that.

 

[hadit]

1. Increase Tariffs to protect businesses here at home and make others build here.
2. Raise taxes and close loop holes
3. Invest in our own country

You can accomplish all of those without a single punitive action. Reducing corporate taxes would bring jobs and business back overnight.

 

[danielpalos]

1. Increase Tariffs to protect businesses here at home and make others build here.
2. Raise taxes and close loop holes
3. Invest in our own country

You can accomplish all of those without a single punitive action. Reducing corporate taxes would bring jobs and business back overnight.

I doubt it; and, you don't solve for structural forms of unemployment. We could solve simple poverty and a natural rate of unemployment under capitalism, by merely employing enough socialism to bailout capitalism, like usual.

 

[ScienceRocks]

So civilization = communism to you loserterian assholes. LOL...People been paying taxes to government for about ten thousand years to have roads, police, military and investment. It isn't communism and that is a fact.

The rich shouldn't be cheating the system.

 

[Dad2three]

YOU SAID IF MONEY IS MADE IN GERMANY, IT'S NOT OWED TAXES IN THE US

I am making money in Germany every day. I don't owe taxes on it in the US because it's not taxable income. You keep showing where I do have to pay taxes on it if I claim it as income and repatriate it... thanks for showing that is a fact. That was my point.

Weird, so you lied about making money and paying taxes on it in Germany BUT that if you brought it back to the US you'd owe MORE money, that';s why you don't want to bring it back, DOUBLE TAXATION?


Bubba YOU NEW PREMISE is you are creating WEALTH not money, not taxable income, BUT YOUR ATTORNEY NEEDS TO BE FIRED TO TELL YOU THE US HAS NO CLAIM TO ANYTHING, lol


But YOUR POINT was again:


DUMBASS SAYS:

"Not true. If you reside somewhere else and earn income somewhere else, the US has no authority to tax you."

BZZ WRONG.


DUMBASS SAYS:

"You seem to think the US has some kind of taxing power that enables them to go all over the world taxing people in different countries because they happen to be US citizens. They don't."


BZZ WRONG. ALL US CITIZENS OWE TAXES ON ANY INCOME (OFFSET BY THOSE TAX TREATIES/TAXES PAID)


DUMBASS SAYS:

"Your taxes are paid on the income you claim in the US. If I make $10 million in Germany and claim it as income in the US, then I pay taxes on it."

BZZ WRONG. There is no double taxation, that's what the treaties do. UNLESS it's from a TAX HAVEN then YOU PROBABLY will OWE US taxes if you bring it back!


BUT IF YOU MAKE $10,000,000 IN GERMANY, AND PAY THEIR TAX RATES, YOUR US BURDEN WOULD BE ZERO, BECAUSE THEY HAVE A HIGHER TAX BURDEN, YOU CAN BRING THE MONEY HOME ANYTIME, WITHOUT DOUBLE TAXATION!!!!




DUMBASS SAYS:

"Your worldwide income (i.e.; your reported income earnings from abroad.) If you do not claim them as income they are not earnings and not taxable. "

BZZ WRONG. ALL INCOME FROM ANY SOURCE, BE IT IN THE US OR BELIZE, GERMANY OR TEA-BAGGERSTAN, ARE REQUIRED TO BE REPORTED TO US TAX AUTHORITY AND SUBJECT TO TAXATION. NOW IF YOU MADE THE INCOME IN GERMANY, PROB ZERO TAXATION ISSUE IN THE US, BUT BELIZE OR TEA-BAGGERSTAN, PROB WOULD OWE SOME FORM OF TAXES!


Dumbass says:

"I made $5 million IN Germany... got it? I paid income taxes on it, TO Germany? Following me? The money is still IN Germany, in a German bank, collecting German interest. Each year, I have to pay Germany tax on the interest dividends."

COOL. AND YOU ARE REQUIRED TO REPORT THAT TO US TAX AUTHORITY


"It is NOT US INCOME! It doesn't ever BECOME US income unless I bring it to the US and claim it as income. If I do that, I will be taxed AGAIN."

BZZ WRONG, AGAIN, ALL INCOME FROM ANY SOURCE WHETHER YOU ARE ON US SOIL OR TEA-BAGGERSTAN OR GERMANY, IS REQUIRED TO BE REPORTED TO US TAX AUTHORITY, BUT SINCE (AGAIN) GERMANY HAS A HIGHER TAX BURDEN, THERE WOULD PROB BE NO NEW US TAX BURDEN IF YOU BRING THE MONEY TO THE US!


"My plan is to eliminate double taxation. Repatriate that wealth and create new jobs with it."


YOUR "PLAN" DO SOMETHING ABOUT SOMETHING THAT'S NOT BEING DONE??? LOL



Lot's of fun showing that YOU are not only a stupid MF but a liar too Bubs

 

[thanatos144]

...The company I currently work for would be out of business if you raised tariffs. No country has ever protected itself into prosperity.

what if we just tax the wealthiest; and let the rest invest here?

Lefties are one-trick ponies. At least you don't try to masquerade your agenda.

"Eat the rich!" "Kill the banksters!" "Create my Worker's Paradise!"

that was last millennium; we have better propaganda and rhetoric now.

Why not simply Tax the Wealthiest into Heaven.

Official poverty in Heaven would result in maXimal at-will productivity.

from each according to his ability to each according to his need; what a communal concept.

Communist not communal.

Sent from my SM-G386T1 using Tapatalk

 

[ScienceRocks]

what if we just tax the wealthiest; and let the rest invest here?

Lefties are one-trick ponies. At least you don't try to masquerade your agenda.

"Eat the rich!" "Kill the banksters!" "Create my Worker's Paradise!"

that was last millennium; we have better propaganda and rhetoric now.

Why not simply Tax the Wealthiest into Heaven.

Official poverty in Heaven would result in maXimal at-will productivity.

from each according to his ability to each according to his need; what a communal concept.

Communist not communal.

Sent from my SM-G386T1 using Tapatalk

I guess you think paying taxes for infrastructure, police and for basic services is a thing of communism. Goddamn, you're a ******* laughable.

 

[Dad2three]

1. Increase Tariffs to protect businesses here at home and make others build here.
2. Raise taxes and close loop holes
3. Invest in our own country

I agree with all but #2.

I would rather eliminate federal income tax and replace it with a consumption tax. We are a consumerist nation. It makes sense for us to fund our government through what we purchase instead of a penalty on what we earn.

If we are going to try and keep an income tax, we have to broaden the base. More people need to be paying taxes at the bottom. We would create far more revenue that way than increasing top marginal tax rates. As for "loopholes" that's another brilliant thing about going to a consumer tax, it eliminates all loopholes forever. Thing of the past. However, if we are going to keep the current system, we need to objectively look at these "loopholes" one by one. Some of them are in place because they serve a vital and valid function, they solve a legitimate problem we had at one point, they address an issue we were having at some time... are these concerns still valid? We don't know, there is never much discussion about that... it's just this emotive rush to cut loopholes.

I think before we take the ax to loopholes in general, we need to consider if it's going to close down farms or cause massive foreclosures... that would seem a sensible approach, right?

DUMBASS SAYS:

"If we are going to try and keep an income tax, we have to broaden the base. More people need to be paying taxes at the bottom. We would create far more revenue that way than increasing top marginal tax rates."

Yes BECAUSE the bottom HALF of America, the 68 MILLION FAMILIES (who avg less than $15,000 per family) have almost half the income of the 1.3+ million FAMILIES at the top 1% of US who make nearly twice as much and AVG over a million plus PER FAMILY!


*SHAKING HEAD*

The entertainment YOU provide Bubs, lol

Summary of Latest Federal Income Tax Data

 

[Dad2three]

1. Increase Tariffs to protect businesses here at home and make others build here.
2. Raise taxes and close loop holes
3. Invest in our own country

You can't force people to invest in our own country.

And especially when you raise taxes and close loop holes, why would I invest here, so you can take most of my earnings?

I'm going to invest where I can make money... and you know.... keep it.

And raising tariffs will kill businesses at home. The company I currently work for would be out of business if you raised tariffs. No country has ever protected itself into prosperity.

You a US citizen Bubs? NO MATTER WHERE YOU INVEST, YOU WOULD OWE US TAXES. It's called US GOV'T POLICY DUMMY

Weird, the largest economy in the world, and right wingers "think" people are going to pull that fetishists Galt crap



"No country has ever protected itself into prosperity"




(Re-)Introducing: The American School of Economics


When the United States became independent from Britain it also rebelled against the British System of economics, characterized by Adam Smith, in favor of the American School based on protectionism and infrastructure and prospered under this system for almost 200 years to become the wealthiest nation in the world. Unrestrained free trade resurfaced in the early 1900s culminating in the Great Depression and again in the 1970s culminating in the current Economic Meltdown


Closely related to mercantilism, it can be seen as contrary to classical economics. It consisted of these three core policies:

1. protecting industry through selective high tariffs (especially 1861–1932) and through subsidies (especially 1932–70)
2. government investments in infrastructure creating targeted internal improvements (especially in transportation)
3. a national bank with policies that promote the growth of productive enterprises rather than speculation
   
   
   It is a capitalist economic school based on the Hamiltonian economic program. The American School of capitalism was intended to allow the United States to become economically independent and nationally self-sufficient.
   
   
   
   
   Frank Bourgin's 1989 study of the Constitutional Convention shows that direct government involvement in the economy was intended by the Founders.
   
   
   The goal, most forcefully articulated by Hamilton, was to ensure that dearly won political independence was not lost by being economically and financially dependent on the powers and princes of Europe. The creation of a strong central government able to promote science, invention, industry and commerce, was seen as an essential means of promoting the general welfare and making the economy of the United States strong enough for them to determine their own destiny.
   
   
   American School (economics) - Wikipedia, the free encyclopedia
   
   
   
   

 

[SAYIT]

1. Increase Tariffs to protect businesses here at home and make others build here.
2. Raise taxes and close loop holes
3. Invest in our own country

You can accomplish all of those without a single punitive action. Reducing corporate taxes would bring jobs and business back overnight.

I doubt it; and, you don't solve for structural forms of unemployment. We could solve simple poverty and a natural rate of unemployment under capitalism, by merely employing enough socialism to bailout capitalism, like usual.

You mean like they do in Greece?
Oh, wait ... that is capitalists bailing out the "Worker's Paradise."

 

[Dad2three]

...The company I currently work for would be out of business if you raised tariffs. No country has ever protected itself into prosperity.

what if we just tax the wealthiest; and let the rest invest here?

Lefties are one-trick ponies. At least you don't try to masquerade your agenda.

"Eat the rich!" "Kill the banksters!" "Create my Worker's Paradise!"

As opposed to CONservatives/GOP policy

 

[bedowin62]

YAWN; what boring stupidity. the Left will never get the high tax rates they want; if they did who would contribute to THEIR $30,000 PER PLATE DNC FUNDRAISERS??

 

[Dad2three]

You mean Gov't that was captured by the "job creators' themselves?

I mean the government that became big enough and powerful enough that it inevitably attracted money from those seeking influence. Remove government's ability to force things and you remove corruption.

You mean that Randian fetish that has NEVER worked anywhere? I don't care the size of Gov't, but want effective Gov't the opposite of the CONservatives/GOP

You're not going to get it, because your masters in the DNC don't want you to have it. Here's a clue for the terminally dumb. They SELL influence, and you fall for the fiction that they're mad at the other guys for selling influence. Useful indeed to them you are.

Weird, so the Dems putting forward reform bills meant what Bubs?

That they knew the bills would go nowhere and they never intended for them to become law, Cletus. Those with an IQ above room temperature understand that.

Weird, I thought SCOTUS said what the Dems passed and the GOP took to them to court on, CIT UNITED, was a start? Sadly I guess I was wrong, the Dems don't REALLY want to have reform, lol

 

[ScienceRocks]

1. Increase Tariffs to protect businesses here at home and make others build here.
2. Raise taxes and close loop holes
3. Invest in our own country

You can accomplish all of those without a single punitive action. Reducing corporate taxes would bring jobs and business back overnight.

I doubt it; and, you don't solve for structural forms of unemployment. We could solve simple poverty and a natural rate of unemployment under capitalism, by merely employing enough socialism to bailout capitalism, like usual.

You mean like they do in Greece?
Oh, wait ... that is capitalists bailing the "Worker's Paradise."

There's a difference between investment like r&d, education and infrastructure that grows the economy and what happened in greece. Of course, you're anti-civilization and don't have a clue.

Simply put Greece didn't invest but was idiotic with shit.

 

[Dad2three]

1. Increase Tariffs to protect businesses here at home and make others build here.
2. Raise taxes and close loop holes
3. Invest in our own country

You can accomplish all of those without a single punitive action. Reducing corporate taxes would bring jobs and business back overnight.

Weird, Obama proposed that nearly 3 years ago, going from 35% to 28% but the GOP SAID NO? HMM

Why would the Corps who pay EFFECTIVE tax rates of 12% today, bring jobs back to the US? They haven't had this low of tax burden in 40 years? PLEASE tell me more on this thing about taxes and job creation, how'd Dubya/GOP tax cuts create jobs again??? lol

 

[Dad2three]

what if we just tax the wealthiest; and let the rest invest here?

Lefties are one-trick ponies. At least you don't try to masquerade your agenda.

"Eat the rich!" "Kill the banksters!" "Create my Worker's Paradise!"

that was last millennium; we have better propaganda and rhetoric now.

Why not simply Tax the Wealthiest into Heaven.

Official poverty in Heaven would result in maXimal at-will productivity.

from each according to his ability to each according to his need; what a communal concept.

Communist not communal.

Sent from my SM-G386T1 using Tapatalk

The right wing is Amoral NOT American's!

 

[bedowin62]

WHEN THE LAST liberal gazillionaire like Oprah or obama's buddy warren buffet gives up their last million i'll stop laughing at Dad2Three

 

[SAYIT]

So civilization = communism to you loserterian assholes. LOL...People been paying taxes to government for about ten thousand years to have roads, police, military and investment. It isn't communism and that is a fact.

The rich shouldn't be cheating the system.

Proving that even a blind squirrel finds the occasional berry.
Taxes which pay for roads, police and military are not exclusive to communism and not all (nor only) "the rich" cheat the system. One day if you grow to be a man you will look back at what you were here and laugh at the silliness you said and believed.

 

[ScienceRocks]

YAWN; what boring stupidity. the Left will never get the high tax rates they want; if they did who would contribute to THEIR $30,000 PER PLATE DNC FUNDRAISERS??

Happened from 1930-1975...Biggest middle class, best educational system and we lead the world in most everything...Go cry a river.