Why don't you want to tax the rich?

[rightwinger]

Nah. It's what is commonly referred to as stealing.

No
It is called contributing to a society

 

[leftwinger]

Unrealized gains are not taxed in the U.S.

rightwinger wants to tax wealth. Thats' what was being argued.

 

[TemplarKormac]

Let’s go with 50 percent of income above 1 million

35 and we have a deal

 

[TemplarKormac]

No
It is called contributing to a society

You have no idea what that means, good sir.

 

[tahuyaman]

Let’s go with 50 percent of income above 1 million

Why is that fair?

 

[leftwinger]

Let’s go with 50 percent of income above 1 million

Already said fine, do it. Make theTop three brackets 40, 50, 60. It won't make a difference on collected revenue but for immediate sugar rush.

Then incomes will drop, GDP will drop and collected revenue will drop. It will settle out at revenue = 20%*GDP. Money will move.

Go ahead. Had 12 years Obiden and you did nothing. Now you chirp?

 

[TemplarKormac]

Why is that fair?

Since "fair" cannot be exactly defined, it is open to personal interpretation

 

[wist43]

Darkwind No. But there is a lot of social frustration out there. A lot of people feel the rich are getting richer at the expense of the poor.

Welcome to History 101.

Young people today have not been taught work ethic and self reliance, rather, they have been instilled with a sense of entitlement.

As a result, they covet the wealth and property of others without understanding that those are things they must earn themselves.

A generation of kids raised with a sense of entitlement, is going to result in that generation growing into weak, dysfunctional adults - which is what we have today.

 

[TemplarKormac]

Welcome to History 101.

Young people today have not been taught work ethic and self reliance, rather, they have been instilled with a sense of entitlement.

As a result, they covet the wealth and property of others without understanding that those are things they must earn themselves.

A generation of kids raised with a sense of entitlement, is going to result in that generation growing into weak, dysfunctional adults - which is what we have today.

Brilliant!

 

[rightwinger]

rightwinger wants to tax wealth. Thats' what was being argued.

Not what I said but yes I do
You can’t really tax wealth but you can tax when it is moved

 

[candycorn]

Since "fair" cannot be exactly defined, it is open to personal interpretation

Umm no...fair can be defined. Here is an example: If I pay 10% tax...on every dollar earned regardless of how it's earned, you pay 10% tax on every dollar regardless of how it's earned.

 

[LeftofLeft]

Actually our society benefits the wealthy much more than the working class
Schools, infrastructure, transportation, the military all serve the interests of the wealth

Actually our society benefits the wealthy much more than the working class
Schools, infrastructure, transportation, the military all serve the interests of the wealthy

BActually, the wealth generators have already paid for THAT and you people are demanding more to cover for your irresponsible spending on top of that.

Actually our society benefits the wealthy much more than the working class
Schools, infrastructure, transportation, the military all serve the interests of the

Actually, the wealth generators have already paid for THAT and you people are demanding more to cover for your irresponsible spending on top of that.

Actually our society benefits the wealthy much more than the working class
Schools, infrastructure, transportation, the military all serve the interests of the wealthy

Actually, the wealth generators have already paid for THAT and you people are demanding more to cover for your irresponsible spending on top of that.

Actually our society benefits the wealthy much more than the working class
Schools, infrastructure, transportation, the military all serve the interests of the wealthy

Actually our society benefits the wealthy much more than the working class
Schools, infrastructure, transportation, the military all serve the interests of the wealthy

Actually our society benefits the wealthy much more than the working class
Schools, infrastructure, transportation, the military all serve the interests of the wealthy

Actually, the part of “our society” that paid for everything you sited were the high income earners and not the the self-entitled bureaucrats

 

[leftwinger]

Not what I said but yes I do
You can’t really tax wealth but you can tax when it is moved

BS. You said a portfolio increases in wealth. You implied you wanted to tax that. But if they don't withdraw? Then what.

Games on. OSU is going down? May run out of time? Down 3. Missed one FG too. Leave me alone.

 

[rightwinger]

Welcome to History 101.

Young people today have not been taught work ethic and self reliance, rather, they have been instilled with a sense of entitlement.

As a result, they covet the wealth and property of others without understanding that those are things they must earn themselves.

A generation of kids raised with a sense of entitlement, is going to result in that generation growing into weak, dysfunctional adults - which is what we have today.

Every generation has said that about the next generation

You should have heard what they said about the hippies

 

[TemplarKormac]

Umm no...fair can be defined. Here is an example: If I pay 10% tax...on every dollar earned regardless of how it's earned, you pay 10% tax on every dollar regardless of how it's earned.

What you deem "fair" might not be "fair" for someone else.

I personally favor a flat tax.

 

[candycorn]

Already said fine, do it. Make theTop three brackets 40, 50, 60. It won't make a difference on collected revenue but for immediate sugar rush.

Then incomes will drop, GDP will drop and collected revenue will drop. It will settle out at revenue = 20%*GDP. Money will move.

Go ahead. Had 12 years Obiden and you did nothing. Now you chirp?

Before the pandemic when we were talking about raising the minimum wage, you guys said the same thing. Now the starting rate for a lot of "flipping burger" jobs is $13 an hour. Prices rose with it but the businesses you guys swore would close up and go out of business never happened.

 

[rightwinger]

BS. You said a portfolio increases in wealth. You implied you wanted to tax that. But if they don't withdraw? Then what.

I said a rising portfolio increases wealth
It does

 

[Hector12]

Not sure if Mr Stockman is aware but large amounts of spending cause deficits just as easily as not taking in as much revenue. Since the US generates double the amount of tax revenue than any other country in the world, I think he might be full of shit....

As long as the top tax rate never got below 70% and was often much higher the national debt was not a problem. It only became a problem with Republican tax cuts for the rich.

Most Americans have not benefited from tax cuts for the rich. As the rich keep getting richer real income for most Americans stagnates or declines,

 

[candycorn]

What you deem "fair" might not be "fair" for someone else.

Everyone paying the same would be most person's definition of fair.

I personally favor a flat tax.

Perfectly fair. However at some point the tax has to be enough to fund the government. A flat tax will not do it.

 

[candycorn]

Every generation has said that about the next generation

You should have heard what they said about the hippies

You beat me to it. The elders said the exact same thing about him; "Back in my day, I didn't have time to sit on the internet and ***** about the world"