So Joe... what is the "fair share"???

[rightwinger]

"A Ponzi scheme (/ˈpɒnzi/, Italian: [ˈpontsi]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.[1] The scheme leads victims to believe that profits are coming from legitimate business activity (e.g., product sales or successful investments), and they remain unaware that other investors are the source of funds. A Ponzi scheme can maintain the illusion of a sustainable business as long as new investors contribute new funds, and as long as most of the investors do not demand full repayment and still believe in the non-existent assets they are purported to own."

Minus anyone believing that SS is a legitimate business generating profits SS is the literal definition of a Ponzi Scheme. The Gov just has the advantage of being able to force people to "invest", cut "profit payments" however and whenever they want, and no one can ever demand full payment of their investment. So they just improved on the fraud. Congrats.

By your own definition, Social Security is not a Ponzi Scheme. There is no intent to defraud when you have been making payments for 80 years

 

[rightwinger]

Already proven by multiple posters.

You still have “Nuh-uh”

You have yet to provide any proof
Opinion is not proof

 

[jc456]

Because marxism. Gotta redistribute wealth from the earners to the losers to buy their votes.

I’m still trying to figure out how the person with nothing gives something! Isn’t nothing nothing?

 

[TeeDub]

Biden to big corporations and the ultra-wealthy: ‘Pay your fair share’

Biden to big corporations and the ultra-wealthy: ‘Pay your fair share’

Yahoo Finance’s Jessica Smith reports on key takeaways from Biden’s remarks on his plan to raise taxes and the U.S. economic outlook.

news.yahoo.com

View attachment 540477
From the above table as found in the following link:
Top 10% of Income taxpayers paid 70.1%

Summary of the Latest Federal Income Tax Data, 2020 Update

The top 1 percent of taxpayers pay a 26.8 percent average individual income tax rate, which is more than six times higher than taxpayers in the bottom 50 percent (4.0 percent).

taxfoundation.org

While...61% of Americans paid no federal income taxes in 2020, Tax Policy Center says

61% of Americans paid no federal income taxes in 2020, Tax Policy Center says

The Tax Policy Center said 107 million households, or 61% of taxpayers, owed no income taxes in 2020. That's up from 76 million, or 44% of taxpayers, in 2019.

www.cnbc.com

So Biden... what is a "FAIR SHARE"???
The top 10% paid $1.122 Trillion of the total $1.601 Trillion paid... 70.1% or a taxable rate of 21.5%
Biden supporters what would be a FAIR share...???

He has no idea what that means. The dems just love the way Obama said it.

 

[Nostra]

You have yet to provide any proof
Opinion is not proof

The textbook definition is not opinion, Dipshit.

"Nuh-uh" is opinion.

 

[TeeDub]

Do you really believe those on welfare pay all the taxes?

The only tax they pay is on "legal weed" from the State Stores.

 

[TeeDub]

You know what that tells me, dumb fuck? That the upper ten percent get way to much of the income in this nation. Time for the middle class and working poor to get their share of the wealth that they create.

Hey Dumb Fuck, you need skills to make money. You lose.

 

[TeeDub]

Spoken like a true anarchist

I prefer infrastructure, safe food and water, free schools, police and fire protection, parks and recreation

All you mentioned are paid from state and local taxes. Nitwit.

 

[rightwinger]

The textbook definition is not opinion, Dipshit.

"Nuh-uh" is opinion.

Even your textbook shows you are wrong
Your mistaken opinion does not constitute fact

 

[TeeDub]

Private parks, prisons, schools

It is what you get when you run a for profit entity

All the private parks, schools and prisons are run better than government ones, FOOL.

 

[rightwinger]

All you mentioned are paid from state and local taxes. Nitwit.

So?
Still Government the last I checked

 

[rightwinger]

All the private parks, schools and prisons are run better than government ones, FOOL.

Not even close

 

[Couchpotato]

By your own definition, Social Security is not a Ponzi Scheme. There is no intent to defraud when you have been making payments for 80 years

SS was sold to the American public as an investment in their retirement. It was a “lockbox“, that the Government was going to keep the money you contributed for you and pay it out back to you after you retired. That’s not what’s happening. Whether you believe it’s a Ponzi scheme or not is irrelevant just like it doesn’t matter what color I think the sky is, or whether your believe cloth masks protect anyone against a virus. It’s just is what it is. The minute we stop contributing SS falls apart, thus Ponzi scheme.

 

[bripat9643]

The Courts have sided with me on the legality of SS Skippy

The courts are utterly corrupt.

 

[bripat9643]

Not even close

You didn't read the articles I posted, did you?
Government schools are notoriously bad.

 

[Nostra]

The courts are utterly corrupt.

Nobody claimed the courts have ruled SS illegal.

That's just dumbass deflection from the troll.

 

[TeeDub]

Poor and working people spend most of their income
The wealthy don’t have to
It would shift too much burden to the lower class

How about we do this instead?
We put that same tax on real estate and stock transactions

Then the wealthy would have most of the burden

I find it hard to believe how stupid you are. Did you ever hear about real estate taxes and capitol gains taxes. You are either 12 years old, live in your moms basement or are just a dumbfuck.

 

[bripat9643]

By your own definition, Social Security is not a Ponzi Scheme. There is no intent to defraud when you have been making payments for 80 years

Sure there is. You've been getting looted for 80 years.

 

[TeeDub]

Solve everything?
Of course not

But it will produce more revenue out of the wealthy

They would just move IDIOT. By the way nobody is forcing parents to unmask their kids. Use your empty head.

 

[TeeDub]

Of course it is allowed

Show me a single court decision that disallows it
Also, who said anything about only federal taxes and not state and local?

Hey fool did you know Trump raised the taxes on rich people and you fools whined about it. When he put limits on state and local taxes that they could deduct from their federal taxes. But you dumb ass fools could never understand that and Joe wants to eliminate that limit. You libatards are just way too stupid.