Zone1 Tax the Rich! Make them Pay their Fair Share!

So you CAN'T explain why from 1945-1980 the top 1% received 8%-10% of the pie but 26% by 2024?


GOT IT
No, you got nothing. If you had you wouldn't be spouting this garbage that shows your jealousy that there are rich and there are poor. That has been true since the beginning of time. It isn't going to change because of your whining and crying. Get off of your butt and make yourself more valuable and you too could become one of the top 1%.
 
As long as there are people who do not have the ambition to improve their lot, there will be households that face challenges. All people face challenges. That fact doesn't mean others are required to pay the way for those who encounter them. We have been afforded the right to LIFE, LIBERTY AND THE PURSUIT OF HAPPINESS. Nowhere does it say we are required to provide any of that for those not willing or able to obtain them for themselves.
Jon's gone down disparity avenue CA........thinking the great unwashed deserve a break .......libs always place blame on anything or anyone .......for what they themselves are guilty of

~S~
 
Excellent, so the crap about poor people paying massive sales is false.
Thanks for the reminder.
Low-income households often pay a higher percentage of their income in state and local taxes, particularly sales and excise taxes, making these systems highly regressive. Poorer households spend a larger share of their income on necessities, leading to a higher tax burden compared to wealthier residents, particularly in states without income taxes.


 
No, you got nothing. If you had you wouldn't be spouting this garbage that shows your jealousy that there are rich and there are poor. That has been true since the beginning of time. It isn't going to change because of your whining and crying. Get off of your butt and make yourself more valuable and you too could become one of the top 1%.

GOP Budget Busting 101​


 
LMAOROG, Except he didn't, by much! He increased taxes 11 times AND increased SS taxes which hit the workers
LMAOROG, I lived and worked through that period and I studied and improved my skills and gained a comfortable retirement. While I am certainly not part of the 1%, I also don't hold any jealousy or animosity because they have been successful. It has been a symbiotic relationship, my employers were more successful and as a result, so was I. Cry me a river, parasite.
 
Poorer households spend a larger share of their income on necessities, leading to a higher tax burden compared to wealthier residents, particularly in states without income taxes.
quantify it Jon

~S~
 

GOP Budget Busting 101​


So are you willing to pay your $112,490 portion of the national debt? You enjoyed the benefits. I eagerly await your response.
 
That study was hilarious!

Now run the numbers without adding unrealized capital gains to the income numbers of the billionaires.
Don't leave out the EITC, and other income transfers, like Saez, Zucman and Piketty did.

DURR
Thank you. In WA there is no income tax, but working families get a cash benefit as much as $1,400 per year because they lived here and didn't earn as much as others. Wealth redistribution?
 
The 1993 Clinton/Democratic bill not a single GOPer voted for? That created 4 budget surpluses, 3 after vetoing the GOP's $792+ billion tax cut? That one?


Sure Clinton's bill didn't do the trick, but it was ALLOWED by Ronnie's changing in 1982

History shows corps layoff to get "lean", the top exec's cash out their options, next guys have to rebuild with pushes stocks down, until they do the same thing



The pattern described—layoffs to "get lean," followed by executive cash-outs, subsequent restructuring, and eventual rehiring—is a well-documented phenomenon in corporate history often referred to as "the layoff loop". While designed to boost short-term shareholder value, research shows that layoffs often fail to improve long-term performance, leading to a cycle of rehiring within 12 months as companies realize they have cut essential talent.

The 1993 Clinton/Democratic bill not a single GOPer voted for?


Yes, Clinton's stock option fuckup is all on the Dems.

Sure Clinton's bill didn't do the trick,

Sure, it did. Stock option compensation can still happen without stock buy backs.
 
That study was hilarious!

Now run the numbers without adding unrealized capital gains to the income numbers of the billionaires.
Don't leave out the EITC, and other income transfers, like Saez, Zucman and Piketty did.

DURR


NOTHING ABOUT THIS WAS UNREALIZED CAPITAL GAINS CUPCAKE, THIS WAS 100% INCOME. YOU ARE THINKING OF THE ONE WHERE USING THAT PUT THE BILLIONAIRES AT 4% EFFECTIVE RATES



  • Methodology: The analysis by Saez and Zucman includes all federal, state, and local taxes, providing a comprehensive, though debated, view of the total tax burden.



Zucman countered that his and Saez’s analysis considers the EITC and other credits like it as transfers of income, akin to food stamps or jobless benefits, rather than tax provisions.

“If you start counting some transfers as negative taxes, it is not clear where to stop,” he said via email. “Do you treat the EITC as a negative tax? veterans’ benefits? medicaid? defense spending? … There’s no clear line and the results become arbitrary.”



There is general agreement among economists, however, that the tax burden of the rich has fallen considerably in recent decades.



“The rich definitely pay less in taxes than they did in the past and less than they should,” Furman said.

 
Thank you. In WA there is no income tax, but working families get a cash benefit as much as $1,400 per year because they lived here and didn't earn as much as others. Wealth redistribution?


Alaska for $100?

The Alaska Permanent Fund Dividend (PFD) is an annual payment to residents derived from state oil revenues, often totaling over $1,000 per person. In 2024, the dividend was $1,702, with over $1 billion in total disbursements. Residents must apply via the Alaska Department of Revenue by March 31 to receive funds, typically distributed in October.
 
15th post
LMAOROG, Except he didn't, by much! He increased taxes 11 times AND increased SS taxes which hit the workers


  • Tax Structure Change: While the top rate was slashed from 70% to 50% (and later to 28% in 1986), the bottom rate was also initially reduced. However, it is noted that in 1986, the lowest tax rate was increased from 11% to 15%, which was a departure from the 1981 cuts.

He increased taxes 11 times

Which 11 taxes did he increase? What was the before rate and the after rate?

AND increased SS taxes which hit the workers

Yes, workers had to pay more to save Social Security.
 
The 1993 Clinton/Democratic bill not a single GOPer voted for?

Yes, Clinton's stock option fuckup is all on the Dems.

Sure Clinton's bill didn't do the trick,

Sure, it did. Stock option compensation can still happen without stock buy backs.
President Ronald Reagan's administration significantly boosted executive stock options and stock-based compensation, primarily through the Economic Recovery and Tax Act of 1981, which reintroduced incentive stock options (ISOs) taxed at favorable capital gains rates. Further, in 1982, the SEC introduced Rule 10b-18, enabling easier stock buybacks and fueling stock-driven pay.
 
NOTHING ABOUT THIS WAS UNREALIZED CAPITAL GAINS CUPCAKE, THIS WAS 100% INCOME. YOU ARE THINKING OF THE ONE WHERE USING THAT PUT THE BILLIONAIRES AT 4% EFFECTIVE RATES



  • Methodology: The analysis by Saez and Zucman includes all federal, state, and local taxes, providing a comprehensive, though debated, view of the total tax burden.



Zucman countered that his and Saez’s analysis considers the EITC and other credits like it as transfers of income, akin to food stamps or jobless benefits, rather than tax provisions.

“If you start counting some transfers as negative taxes, it is not clear where to stop,” he said via email. “Do you treat the EITC as a negative tax? veterans’ benefits? medicaid? defense spending? … There’s no clear line and the results become arbitrary.”



There is general agreement among economists, however, that the tax burden of the rich has fallen considerably in recent decades.



“The rich definitely pay less in taxes than they did in the past and less than they should,” Furman said.

So are you willing to pay 47% of your income to the feds? 56%? Why do you figure that they should pay those cockamamie rates and you don't? Because they have more? SMH. Run along commie troll.
 
Alaska for $100?

The Alaska Permanent Fund Dividend (PFD) is an annual payment to residents derived from state oil revenues, often totaling over $1,000 per person. In 2024, the dividend was $1,702, with over $1 billion in total disbursements. Residents must apply via the Alaska Department of Revenue by March 31 to receive funds, typically distributed in October.
I didn't say anything about AL. Do you have a problem reading. WA doesn't have a resource other than OTHER TAXPAYERS that they are redistributing the wealth of. Try again, parasite.
 
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