Taxation in America

[Brain357]

Back in the day, when America was great, we had tax brackets as high as 90%.

Yes aren’t we supposed to be made great again?

We're so great that our beloved billionaires don't even have to pay taxes anymore.

We need to appreciate all them jobs they are creating in India and China.

 

[jc456]

kyzr, you're off base son. most everyone's 401k is subject to capital gains. Everyone's. so if you raise the capital gains, you raise it on the middle class. son, I wish all of you would shut the fk up. you have no idea what you're talking about. shut up!

I'm way older than you kiddo. So tell me what happens if the budget deficit keeps growing and the $23T Debt goes to $30T?
Factor in that Medicare will be bankrupt in 2026 and Social Security insolvent in 2032.
Your solution is "O'wise One"???

And what happens when interest rates increase...

Exactly. The crap hits the impellers and the DC crooks all retire.

the Chicago Chief of Police was fired, his pension will pay him 187k for the rest of his life. 100 times more money than he put in. dude, stop with the stupid.

Who gave the city retirees such outrageous pensions?
We need a federal law that limits pensions to a multiple of their salary.
Better yet, eliminate "defined benefit" pensions and only allow 401Ks, so there are no future payments.

well let's start there. I agree. Why do we still have pensions. these are what pensions are. get 100 times more than you paid in. Unions. government unions.

 

[Thinker101]

This could be one of the reasons why Bernie wins in November.

PS...don’t tell cons about this. They don’t want to believe it.

Hmmm, on your handy dandy video, regarding consumptions taxes. It say everybody pays about the same, but the rich buy more and pay more. I understand it may be a smaller percentage of their income but it certainly doesn't mean the low income folks pay more, as indicated in the video. So bottom line, your video sounds like BS.

 

[kyzr]

Some people don't like to be poor peons getting screwed by the financial system rigged to keep the rich getting richer and the poor getting poorer. The rich buy politicians to write loop-holes into tax laws to protect their wealth. Capital gains should be taxed as normal income. The income cap should be raised for SS. A VAT should be added to balance the budget. If the GOP doesn't address the budget deficit and entitlements the democrats will win and the US will devolve into something unrecognizable.
View attachment 308721

kyzr, you're off base son. most everyone's 401k is subject to capital gains. Everyone's. so if you raise the capital gains, you raise it on the middle class. son, I wish all of you would shut the fk up. you have no idea what you're talking about. shut up!

I'm way older than you kiddo. So tell me what happens if the budget deficit keeps growing and the $23T Debt goes to $30T?
Factor in that Medicare will be bankrupt in 2026 and Social Security insolvent in 2032.
Your solution is "O'wise One"???

Please correct me if I’m wrong but as long as the population is growing and GDP growing then it makes sense for the debt to grow as well. Right?

No. Not right. As the Debt grows the interest on the Debt grows, just like only making minimum payments on your Visa bill.
Now the interest on the $23T Debt is about $450b a year. As the Debt grows to $30T and as interest rates eventually rise that interest will consume way too much of the Budget and drastic cuts will need to be made.

GDP doesn't always grow. Recessions happen now and then.
In simple terms its much better to have no Visa balance and no interest payments than to only be able to keep paying interest and not gaining on it.

One solution I heard was a "Convention of States" to force a Balanced Budget Amendment to keep the DC coxuckers from overspending.

the debt is due to the freebies, welfare, medicare and SS. that's your debt. not eliminating those three things, will never decrease the debt. ever!!!!!

We paid for Medicare and Social Security. They are NOT freebies. They are Federal obligations.
The Debt is due to tax rates that are way too low, taxes MUST cover spending, period.
Can't do fucking math? What grade are you in?

 

[Brain357]

I'm way older than you kiddo. So tell me what happens if the budget deficit keeps growing and the $23T Debt goes to $30T?
Factor in that Medicare will be bankrupt in 2026 and Social Security insolvent in 2032.
Your solution is "O'wise One"???

And what happens when interest rates increase...

Exactly. The crap hits the impellers and the DC crooks all retire.

the Chicago Chief of Police was fired, his pension will pay him 187k for the rest of his life. 100 times more money than he put in. dude, stop with the stupid.

Who gave the city retirees such outrageous pensions?
We need a federal law that limits pensions to a multiple of their salary.
Better yet, eliminate "defined benefit" pensions and only allow 401Ks, so there are no future payments.

well let's start there. I agree. Why do we still have pensions. these are what pensions are. get 100 times more than you paid in. Unions. government unions.

The problem isn’t pensions, it’s corruption giving huge payouts for pensions.

 

[Ray From Cleveland]

It all boils down to the tremendously idiosyncratic definition of the word, "Fairness."

It would be manifestly fair to impose a per capita tax on all Americans; everyone should pay the same dollar amount, since we are all citizens or permanent residents and all benefit from that reality. If we all paid $4,500, that would pretty much balance the budget.

But it would also be fair if we all paid the same percentage of our taxable income. 15% would work nicely (in addition to the "payroll taxes"), and as an added advantage, The Rich would pay much more in FIT than The Poor.

The least fair of all would be to exempt half the population from paying any income taxes at all, then tax the earners according to a GRADUATED percentage, with the highest earners paying the highest percentage(!). Talk about Highway Robbery.

Bernie Sanders appeals to those who pay the least amount in Federal Income Taxes, but want the greatest amount of free goodies from the Federal government (free healthcare, free college tuition, etc.). He is LITERALLY attempting to BUY THEIR VOTES with taxpayer money.

It is the height of irony that this old Crank rails about how EVIL it is for Mike Bloomberg to be buying votes WITH HIS OWN MONEY, while Bernie seeks to buy votes WITH YOUR MONEY!

You couldn't make it up.

Some people don't like to be poor peons getting screwed by the financial system rigged to keep the rich getting richer and the poor getting poorer. The rich buy politicians to write loop-holes into tax laws to protect their wealth. Capital gains should be taxed as normal income. The income cap should be raised for SS. A VAT should be added to balance the budget. If the GOP doesn't address the budget deficit and entitlements the democrats will win and the US will devolve into something unrecognizable.
View attachment 308721

Our country depends on people investing to support a healthy economy. Increase the capital gains taxes, and people stop investing. That's why capital gains taxes are lower in the first place; to encourage investments.

 

[Oddball]

This could be one of the reasons why Bernie wins in November.

PS...don’t tell cons about this. They don’t want to believe it.

Who gives a fuck?....Before 1913, we paid NO taxes on incomes, and that's the way it should be.

And nice vid from the pinko retards at Vox....You've really gone full Golfing Gomer with your fake libertarian routine.

 

[Ray From Cleveland]

It all boils down to the tremendously idiosyncratic definition of the word, "Fairness."

It would be manifestly fair to impose a per capita tax on all Americans; everyone should pay the same dollar amount, since we are all citizens or permanent residents and all benefit from that reality. If we all paid $4,500, that would pretty much balance the budget.

But it would also be fair if we all paid the same percentage of our taxable income. 15% would work nicely (in addition to the "payroll taxes"), and as an added advantage, The Rich would pay much more in FIT than The Poor.

The least fair of all would be to exempt half the population from paying any income taxes at all, then tax the earners according to a GRADUATED percentage, with the highest earners paying the highest percentage(!). Talk about Highway Robbery.

Bernie Sanders appeals to those who pay the least amount in Federal Income Taxes, but want the greatest amount of free goodies from the Federal government (free healthcare, free college tuition, etc.). He is LITERALLY attempting to BUY THEIR VOTES with taxpayer money.

It is the height of irony that this old Crank rails about how EVIL it is for Mike Bloomberg to be buying votes WITH HIS OWN MONEY, while Bernie seeks to buy votes WITH YOUR MONEY!

You couldn't make it up.

Some people don't like to be poor peons getting screwed by the financial system rigged to keep the rich getting richer and the poor getting poorer. The rich buy politicians to write loop-holes into tax laws to protect their wealth. Capital gains should be taxed as normal income. The income cap should be raised for SS. A VAT should be added to balance the budget. If the GOP doesn't address the budget deficit and entitlements the democrats will win and the US will devolve into something unrecognizable.
View attachment 308721

kyzr, you're off base son. most everyone's 401k is subject to capital gains. Everyone's. so if you raise the capital gains, you raise it on the middle class. son, I wish all of you would shut the fk up. you have no idea what you're talking about. shut up!

I'm way older than you kiddo. So tell me what happens if the budget deficit keeps growing and the $23T Debt goes to $30T?
Factor in that Medicare will be bankrupt in 2026 and Social Security insolvent in 2032.
Your solution is "O'wise One"???

what no one wants to be done. Cut SS let the folks under 55 invest their money in their 401ks and stop taking their money. Let the bank dry up on us over 64 that paid in for all their working years. medicare, stop it. pull the plug. Allow the doctors to control spending by posting their fees.

Stop all welfare to poor and let the charities take back over handing out the charitable items that most americans actually give to. fk the government. fk a bernie fk.

People standing at a podium and telling me I'm the bad guy cause I work and pay my bills, I accept as a challenge to spit in their face. But they're weak and avoid the populace and hide in their cars and in DC. Trump exposed every one of these fks.

What charity is going to pay for a $700,000 surgery for one elderly person? Social Security can be phased out, but voters would object. GW tried doing it by allowing people to take a small percentage of their contributions, and invest it in their own retirement account. Never happened. 55 years old? If you currently don't have an IRA, 55 years old would be too late to start one for most blue collar workers.

 

[jc456]

It all boils down to the tremendously idiosyncratic definition of the word, "Fairness."

It would be manifestly fair to impose a per capita tax on all Americans; everyone should pay the same dollar amount, since we are all citizens or permanent residents and all benefit from that reality. If we all paid $4,500, that would pretty much balance the budget.

But it would also be fair if we all paid the same percentage of our taxable income. 15% would work nicely (in addition to the "payroll taxes"), and as an added advantage, The Rich would pay much more in FIT than The Poor.

The least fair of all would be to exempt half the population from paying any income taxes at all, then tax the earners according to a GRADUATED percentage, with the highest earners paying the highest percentage(!). Talk about Highway Robbery.

Bernie Sanders appeals to those who pay the least amount in Federal Income Taxes, but want the greatest amount of free goodies from the Federal government (free healthcare, free college tuition, etc.). He is LITERALLY attempting to BUY THEIR VOTES with taxpayer money.

It is the height of irony that this old Crank rails about how EVIL it is for Mike Bloomberg to be buying votes WITH HIS OWN MONEY, while Bernie seeks to buy votes WITH YOUR MONEY!

You couldn't make it up.

Some people don't like to be poor peons getting screwed by the financial system rigged to keep the rich getting richer and the poor getting poorer. The rich buy politicians to write loop-holes into tax laws to protect their wealth. Capital gains should be taxed as normal income. The income cap should be raised for SS. A VAT should be added to balance the budget. If the GOP doesn't address the budget deficit and entitlements the democrats will win and the US will devolve into something unrecognizable.
View attachment 308721

kyzr, you're off base son. most everyone's 401k is subject to capital gains. Everyone's. so if you raise the capital gains, you raise it on the middle class. son, I wish all of you would shut the fk up. you have no idea what you're talking about. shut up!

I'm way older than you kiddo. So tell me what happens if the budget deficit keeps growing and the $23T Debt goes to $30T?
Factor in that Medicare will be bankrupt in 2026 and Social Security insolvent in 2032.
Your solution is "O'wise One"???

what no one wants to be done. Cut SS let the folks under 55 invest their money in their 401ks and stop taking their money. Let the bank dry up on us over 64 that paid in for all their working years. medicare, stop it. pull the plug. Allow the doctors to control spending by posting their fees.

Stop all welfare to poor and let the charities take back over handing out the charitable items that most americans actually give to. fk the government. fk a bernie fk.

People standing at a podium and telling me I'm the bad guy cause I work and pay my bills, I accept as a challenge to spit in their face. But they're weak and avoid the populace and hide in their cars and in DC. Trump exposed every one of these fks.

What charity is going to pay for a $700,000 surgery for one elderly person? Social Security can be phased out, but voters would object. GW tried doing it by allowing people to take a small percentage of their contributions, and invest it in their own retirement account. Never happened. 55 years old? If you currently don't have an IRA, 55 years old would be too late to start one for most blue collar workers.

why is it 700,000 dollars for the surgery? why isn't there competition for that surgery. Come on man, don't stick your head in the sand like the left! no way should it cost anything near 10k. List the costs, let's see how to bring the costs down. I picked 55 because you have to pick a point. I'm 64 still working. I'm not collecting SS, yet I paid in since I was 16. You think I'm going to live long enough to recoup my money? nope. No one will today. Let's be a responsible society. why let the swamp control us?

 

[Ray From Cleveland]

Back in the day, when America was great, we had tax brackets as high as 90%.

Which was a tax nobody really paid. Try it today and see what happens. Where are you going to work when all the rich people take their companies and money out of the country?

If the federal tax rate were 0%, the federal government collects 0 dollars. If the tax rate is 100%, the federal government would still collect 0 dollars, because who would be stupid enough to create wealth?

 

[Slade3200]

It all boils down to the tremendously idiosyncratic definition of the word, "Fairness."

It would be manifestly fair to impose a per capita tax on all Americans; everyone should pay the same dollar amount, since we are all citizens or permanent residents and all benefit from that reality. If we all paid $4,500, that would pretty much balance the budget.

But it would also be fair if we all paid the same percentage of our taxable income. 15% would work nicely (in addition to the "payroll taxes"), and as an added advantage, The Rich would pay much more in FIT than The Poor.

The least fair of all would be to exempt half the population from paying any income taxes at all, then tax the earners according to a GRADUATED percentage, with the highest earners paying the highest percentage(!). Talk about Highway Robbery.

Bernie Sanders appeals to those who pay the least amount in Federal Income Taxes, but want the greatest amount of free goodies from the Federal government (free healthcare, free college tuition, etc.). He is LITERALLY attempting to BUY THEIR VOTES with taxpayer money.

It is the height of irony that this old Crank rails about how EVIL it is for Mike Bloomberg to be buying votes WITH HIS OWN MONEY, while Bernie seeks to buy votes WITH YOUR MONEY!

You couldn't make it up.

Some people don't like to be poor peons getting screwed by the financial system rigged to keep the rich getting richer and the poor getting poorer. The rich buy politicians to write loop-holes into tax laws to protect their wealth. Capital gains should be taxed as normal income. The income cap should be raised for SS. A VAT should be added to balance the budget. If the GOP doesn't address the budget deficit and entitlements the democrats will win and the US will devolve into something unrecognizable.
View attachment 308721

kyzr, you're off base son. most everyone's 401k is subject to capital gains. Everyone's. so if you raise the capital gains, you raise it on the middle class. son, I wish all of you would shut the fk up. you have no idea what you're talking about. shut up!

I'm way older than you kiddo. So tell me what happens if the budget deficit keeps growing and the $23T Debt goes to $30T?
Factor in that Medicare will be bankrupt in 2026 and Social Security insolvent in 2032.
Your solution is "O'wise One"???

Please correct me if I’m wrong but as long as the population is growing and GDP growing then it makes sense for the debt to grow as well. Right?

Debt is growing at a much faster rate.

agreed. The ratio needs to make sense and all needs to be managed correctly. But my point is the debt should expand with the economy, agreed?

 

[kyzr]

I'm way older than you kiddo. So tell me what happens if the budget deficit keeps growing and the $23T Debt goes to $30T?
Factor in that Medicare will be bankrupt in 2026 and Social Security insolvent in 2032.
Your solution is "O'wise One"???

And what happens when interest rates increase...

Exactly. The crap hits the impellers and the DC crooks all retire.

the Chicago Chief of Police was fired, his pension will pay him 187k for the rest of his life. 100 times more money than he put in. dude, stop with the stupid.

Who gave the city retirees such outrageous pensions?
We need a federal law that limits pensions to a multiple of their salary.
Better yet, eliminate "defined benefit" pensions and only allow 401Ks, so there are no future payments.

well let's start there. I agree. Why do we still have pensions. these are what pensions are. get 100 times more than you paid in. Unions. government unions.

YAY!! We agree on limiting pensions anyway.
Most places I worked switched from defined benefit pensions to 401Ks, the government should too.

 

[Slade3200]

Back in the day, when America was great, we had tax brackets as high as 90%.

Was that before the 100 million beaners came?

Do you ever just give it a rest loser? Your act is getting really predictable and boring

 

[jc456]

And what happens when interest rates increase...

Exactly. The crap hits the impellers and the DC crooks all retire.

the Chicago Chief of Police was fired, his pension will pay him 187k for the rest of his life. 100 times more money than he put in. dude, stop with the stupid.

Who gave the city retirees such outrageous pensions?
We need a federal law that limits pensions to a multiple of their salary.
Better yet, eliminate "defined benefit" pensions and only allow 401Ks, so there are no future payments.

well let's start there. I agree. Why do we still have pensions. these are what pensions are. get 100 times more than you paid in. Unions. government unions.

YAY!! We agree on limiting pensions anyway.
Most places I worked switched from defined benefit pensions to 401Ks, the government should too.

again, people voting for demofks created the union pensions and the costs we all pay for our services. Then, they shame you by saying the officials risked their lives for you, the least you could do is cover their life after job. Well, no, they didn't anything different than me. I went on the road daily, I inserted myself in life's risks, just like the government worker. fk that argument. I still hear fair all the time out of a demofks mouth, yet they can't ever explain the word or their meaning. Mine is quite simple, everyone gets the same treatment. no matter what.

 

[Likkmee]

I like beaners....

 

[The Original Tree]

Some people don't like to be poor peons getting screwed by the financial system rigged to keep the rich getting richer and the poor getting poorer. The rich buy politicians to write loop-holes into tax laws to protect their wealth. Capital gains should be taxed as normal income. The income cap should be raised for SS. A VAT should be added to balance the budget. If the GOP doesn't address the budget deficit and entitlements the democrats will win and the US will devolve into something unrecognizable.
View attachment 308721

kyzr, you're off base son. most everyone's 401k is subject to capital gains. Everyone's. so if you raise the capital gains, you raise it on the middle class. son, I wish all of you would shut the fk up. you have no idea what you're talking about. shut up!

I'm way older than you kiddo. So tell me what happens if the budget deficit keeps growing and the $23T Debt goes to $30T?
Factor in that Medicare will be bankrupt in 2026 and Social Security insolvent in 2032.
Your solution is "O'wise One"???

Please correct me if I’m wrong but as long as the population is growing and GDP growing then it makes sense for the debt to grow as well. Right?

Debt is growing at a much faster rate.

agreed. The ratio needs to make sense and all needs to be managed correctly. But my point is the debt should expand with the economy, agreed?

No, we need to shrink The Debt per Trump's Budget he submitted which throttles back Government Spending, and puts us in a position to start paying off The National Debt with Surpluses in a few years.

We just need Congress to go along with it and actually approve a sensible balanced budget. They have the purse strings.

We should not take on more debt when The Economy Expands. We should pay down debt.

Liberal Policies create Debt and Deficit spending.

We spent $23 Trillion on The War on Poverty and all we got for it was making people like Schummer, Pelosi, Clinton, Waters, Obama, Sanders, and Biden Rich.

 

[Brain357]

Some people don't like to be poor peons getting screwed by the financial system rigged to keep the rich getting richer and the poor getting poorer. The rich buy politicians to write loop-holes into tax laws to protect their wealth. Capital gains should be taxed as normal income. The income cap should be raised for SS. A VAT should be added to balance the budget. If the GOP doesn't address the budget deficit and entitlements the democrats will win and the US will devolve into something unrecognizable.
View attachment 308721

kyzr, you're off base son. most everyone's 401k is subject to capital gains. Everyone's. so if you raise the capital gains, you raise it on the middle class. son, I wish all of you would shut the fk up. you have no idea what you're talking about. shut up!

I'm way older than you kiddo. So tell me what happens if the budget deficit keeps growing and the $23T Debt goes to $30T?
Factor in that Medicare will be bankrupt in 2026 and Social Security insolvent in 2032.
Your solution is "O'wise One"???

Please correct me if I’m wrong but as long as the population is growing and GDP growing then it makes sense for the debt to grow as well. Right?

Debt is growing at a much faster rate.

agreed. The ratio needs to make sense and all needs to be managed correctly. But my point is the debt should expand with the economy, agreed?

It’s not a problem if it increases at an appropriate rate.

 

[Brain357]

And what happens when interest rates increase...

Exactly. The crap hits the impellers and the DC crooks all retire.

the Chicago Chief of Police was fired, his pension will pay him 187k for the rest of his life. 100 times more money than he put in. dude, stop with the stupid.

Who gave the city retirees such outrageous pensions?
We need a federal law that limits pensions to a multiple of their salary.
Better yet, eliminate "defined benefit" pensions and only allow 401Ks, so there are no future payments.

well let's start there. I agree. Why do we still have pensions. these are what pensions are. get 100 times more than you paid in. Unions. government unions.

YAY!! We agree on limiting pensions anyway.
Most places I worked switched from defined benefit pensions to 401Ks, the government should too.

And what happens when interest rates increase...

Exactly. The crap hits the impellers and the DC crooks all retire.

the Chicago Chief of Police was fired, his pension will pay him 187k for the rest of his life. 100 times more money than he put in. dude, stop with the stupid.

Who gave the city retirees such outrageous pensions?
We need a federal law that limits pensions to a multiple of their salary.
Better yet, eliminate "defined benefit" pensions and only allow 401Ks, so there are no future payments.

well let's start there. I agree. Why do we still have pensions. these are what pensions are. get 100 times more than you paid in. Unions. government unions.

YAY!! We agree on limiting pensions anyway.
Most places I worked switched from defined benefit pensions to 401Ks, the government should too.

The market is a creepy place. Look at the last two days...

 

[Ray From Cleveland]

Some people don't like to be poor peons getting screwed by the financial system rigged to keep the rich getting richer and the poor getting poorer. The rich buy politicians to write loop-holes into tax laws to protect their wealth. Capital gains should be taxed as normal income. The income cap should be raised for SS. A VAT should be added to balance the budget. If the GOP doesn't address the budget deficit and entitlements the democrats will win and the US will devolve into something unrecognizable.
View attachment 308721

kyzr, you're off base son. most everyone's 401k is subject to capital gains. Everyone's. so if you raise the capital gains, you raise it on the middle class. son, I wish all of you would shut the fk up. you have no idea what you're talking about. shut up!

I'm way older than you kiddo. So tell me what happens if the budget deficit keeps growing and the $23T Debt goes to $30T?
Factor in that Medicare will be bankrupt in 2026 and Social Security insolvent in 2032.
Your solution is "O'wise One"???

what no one wants to be done. Cut SS let the folks under 55 invest their money in their 401ks and stop taking their money. Let the bank dry up on us over 64 that paid in for all their working years. medicare, stop it. pull the plug. Allow the doctors to control spending by posting their fees.

Stop all welfare to poor and let the charities take back over handing out the charitable items that most americans actually give to. fk the government. fk a bernie fk.

People standing at a podium and telling me I'm the bad guy cause I work and pay my bills, I accept as a challenge to spit in their face. But they're weak and avoid the populace and hide in their cars and in DC. Trump exposed every one of these fks.

What charity is going to pay for a $700,000 surgery for one elderly person? Social Security can be phased out, but voters would object. GW tried doing it by allowing people to take a small percentage of their contributions, and invest it in their own retirement account. Never happened. 55 years old? If you currently don't have an IRA, 55 years old would be too late to start one for most blue collar workers.

why is it 700,000 dollars for the surgery? why isn't there competition for that surgery. Come on man, don't stick your head in the sand like the left! no way should it cost anything near 10k. List the costs, let's see how to bring the costs down. I picked 55 because you have to pick a point. I'm 64 still working. I'm not collecting SS, yet I paid in since I was 16. You think I'm going to live long enough to recoup my money? nope. No one will today. Let's be a responsible society. why let the swamp control us?

Most blue collar workers who pay into SS their entire lives, and live to the average lifespan in the US, will collect all their money back and then some. You have to pay people big bucks to spend many years in college for a job. Some surgeons pay over 100K just for malpractice insurance. An anesthesiologist is something like 180K in malpractice depending on where they are at. People spend money for college which is expensive, 10 of the best years of their life to do these jobs. You can't pay them 80K a year to do it. Even nurses have to carry malpractice coverage.

So they have to make great money to go through all this.

 

[kyzr]

It all boils down to the tremendously idiosyncratic definition of the word, "Fairness."

It would be manifestly fair to impose a per capita tax on all Americans; everyone should pay the same dollar amount, since we are all citizens or permanent residents and all benefit from that reality. If we all paid $4,500, that would pretty much balance the budget.

But it would also be fair if we all paid the same percentage of our taxable income. 15% would work nicely (in addition to the "payroll taxes"), and as an added advantage, The Rich would pay much more in FIT than The Poor.

The least fair of all would be to exempt half the population from paying any income taxes at all, then tax the earners according to a GRADUATED percentage, with the highest earners paying the highest percentage(!). Talk about Highway Robbery.

Bernie Sanders appeals to those who pay the least amount in Federal Income Taxes, but want the greatest amount of free goodies from the Federal government (free healthcare, free college tuition, etc.). He is LITERALLY attempting to BUY THEIR VOTES with taxpayer money.

It is the height of irony that this old Crank rails about how EVIL it is for Mike Bloomberg to be buying votes WITH HIS OWN MONEY, while Bernie seeks to buy votes WITH YOUR MONEY!

You couldn't make it up.

Some people don't like to be poor peons getting screwed by the financial system rigged to keep the rich getting richer and the poor getting poorer. The rich buy politicians to write loop-holes into tax laws to protect their wealth. Capital gains should be taxed as normal income. The income cap should be raised for SS. A VAT should be added to balance the budget. If the GOP doesn't address the budget deficit and entitlements the democrats will win and the US will devolve into something unrecognizable.
View attachment 308721

Our country depends on people investing to support a healthy economy. Increase the capital gains taxes, and people stop investing. That's why capital gains taxes are lower in the first place; to encourage investments.

BULLSHIT. People will always invest if they can make money.
Prove that a few percent increase in taxes would make investors keep their money in their mattresses.
Capital gains are lower to keep the wealthy ahead of the rest of us.
They pay pols to put loop-holes in the tax code. Buying pols is what PACs do.