"We have to increase taxes on the wealthy"

[Orangecat]

After her collards fail even McDonald's won't hire her

That one doesn’t exhibit the intellect to be employable.

 

[hadit]

The numbers don't work. Not even trickle-down can MAKE them work. We have to streamline spending AND increase taxes.

And as usual, the only way to REALLY do this is for the two parties to work together like normal adults. Ha ha.

I think that taxing (specific tax rates) and spending should happen AT THE SAME TIME, IN THE SAME BILL. THAT is a REAL "budget".

Make these people MAKE SENSE of what they're pushing.

I agree, fiscal sanity will not come to Washington until both revenue and spending are addressed. I'm not a fan of kneejerk tax increases on the wealthy, thinking they alone will solve the problem, not when such a vast percentage end up not paying anything at all. And corporate tax increases just lead to higher prices, so the consumer ends up paying the increases anyway.

And transparency. No more omnibus, 1,000 + page spending bills dropped 12 hours before the vote is held, every spending proposal must be done publicly by the sponsors in front of the cameras, etc. Let's capitalize on the new fear in Washington that spending increases actually may be slowed slightly to shine the light on the budget process.

 

[BackAgain]

Mention flat tax and their little members shrivel

Very true.

 

[BackAgain]

I kicked you so high that your ears can listen to your ass being thumped between them.

More fantasy and delusion ^ from laffy.

 

[martybegan]

Very true.

I'd be in favor of a national sales tax IF AND ONLY IF the Income Tax Amendment is repealed.

 

[hadit]

I'd be in favor of a national sales tax IF AND ONLY IF the Income Tax Amendment is repealed.

The last thing we want or need is to add a national sales tax and keep the income tax. That would simply mean more taxes for everyone to pay.

 

[martybegan]

The last thing we want or need is to add a national sales tax and keep the income tax. That would simply mean more taxes for everyone to pay.

Hence we would need to repeal the income tax amendment first.

 

[dblack]

Wrong answer.

Well then, I guess I failed.

Flat hikes will do absolutely Nothing to reduce the spending.

If taxes are tied to spending, it will increase the demand for reduced spending. As it is, no one gives as shit.

Rich people and corporations aren't going to suddenly pay people more, because their taxes got a little bit raised. We already know this, join us in reality.

In fact, there will be more incentivized to keep spending higher as we subsidize the wages of their employees.

What? Who said anything about that nonsense? Are you arguing with someone else?

 

[Independent thinker]

Whoa. Holy crap. I'm not surprised by much any more, but this made me do a double-take. STEVE BANNON said this.

“I’m for a dramatic increase in corporate taxes. We have to increase taxes on the wealthy. For getting our guys’s taxes cut, we’ve got to cut spending, which they’re gonna resist. Where does the tax revenue come from? Corporations and the wealthy,” Bannon said during an interview with Semafor that was published Friday.

“And when they start squealing, we have a conversation,” the conservative media personality added. “We’re all partners in this, everybody’s going to take a little pain, but the working people are going to take less pain than you guys.”

On the campaign trail, Trump, Bannon’s former boss, said he wants to extend many provisions in his 2017 tax legislation, his signature economic achievement during his first White House term. He also vowed to slash taxes on tips and Social Security. Trump has also shown support for dropping the corporate income tax rate to 15 percent.

Personally, I'm for adding perhaps four new higher brackets on the top end. So yeah, I agree. On corporate taxes, we need to be careful and remain competitive globally, but I'm for establishing a Minimum Effective Tax Rate of maybe 10%, so that we don't have huge companies paying zero, like Amazon.

Thoughts?

Steve Bannon supports increasing taxes on the wealthy

The trouble with increasing taxes on the wealthy is that it just encourages the government to spend more while still adding to the national debt.

 

[lafayette]

Not even close, little one

Now.... shhhh

That's your expiring breath!

 

[lafayette]

More fantasy and delusion ^ from laffy.

So he says flat on his back.

 

[BackAgain]

So he says flat on his back.

You make less sense with each post of yours, laffy.

 

[hadit]

The trouble with increasing taxes on the wealthy is that it just encourages the government to spend more while still adding to the national debt.

And that's why any such tax increase needs to be met with spending cuts. I think a lot of opposition to more taxes would evaporate if they were.

 

[Nostra]

You are delusional.

Explain how a pack of Dimtards whose collective IQ wouldn’t make it to double digits who bleat FAIR SHARE but can’t define it constitutes kicking my ass?

Why don’t you kick my ass and define FAIR SHARE

How much of the total tax bill should the top 1% pay? The top 10%?

Betcha can’t.

Now we have : crickets: from lafayette too.

 

[Independent thinker]

And that's why any such tax increase needs to be met with spending cuts. I think a lot of opposition to more taxes would evaporate if they were.

Politicians never met a dollar they didn't want to spend. In fact, for every dollar they get, they want to spend two. 36 trillion dollar debt? Never mind, just raise taxes so we can spend more money. To hell with the debt.

 

[lafayette]

Now we have : crickets: from Nostra@too.

 

[boevans]

Not even close, little one

Now.... shhhh

Now we have : crickets: from SassyIrishLass too.

 

[Nostra]

Now we have : crickets: from Nostra@too.

Nope.

 

[John Edgar Slow Horses]

I've mapped it out, with specific numbers, multiple times in the past. It makes for a very interesting conversation with serious, interesting people.

Obviously, I won't waste my time in your case. You're neither serious nor interesting.

Think what you'd like. Have a great day!

Now we have : crickets: from Nostra too.

 

[Mac1958]

Now we have : crickets: from Nostra too.

He's just one of the children...