Why don't you want to tax the rich?

[rightwinger]

Should Congress send to Trump a new tax law designed to end the deficits and pay off national debt, by taxing millions of Americans who are not rich, sufficient amounts since they have for decades escaped paying a fair share to the Feds?

Tax the poor

MAGA Economics

 

[leftwinger]

 

[Robert W]

Tax the poor

MAGA Economics

Convert to a sales tax that is actually fair to all.

 

[Nostra]

Convert to a sales tax that is actually fair to all.

That’s racist, homophobic, transphobic, islamophobic, and makes puppies die.

 

[HikerGuy83]

If you are opposed, why?

Why do you oppose aggressive taxation of people making more than $250,000+ a year or $400,000+ a year annually?

Because we spend it on spoiled entitled lazy asswipes.

 

[HikerGuy83]

Why do you think Luigi did what he did.

He was brainwashed by the complaining jerkwads who then went balistic when SNAP shut down....ccrying....I am not getting my 3500/mo to feed my hungry 3 kids.

I don't believe SNAP paid that much.....but it makes a nice story.

 

[Robert W]

That’s racist, homophobic, transphobic, islamophobic, and makes puppies die.

haha

 

[TemplarKormac]

And I never made the shocking “discovery” that @TemplarKormac supposedly did that the deficit is out of control and both parties are responsible; I’ve known it for over a decade.

I mean, it isn't an earth-shattering revelation.

 

[BrokeLoser]

Tax the poor

MAGA Economics

Penalize our best citizens for being our best citizens

LibOnomics

 

[Robert W]

Penalize our best citizens for being our best citizens

LibOnomics

It is like making the best home run hitters give condolences to the team he beat. Making touch down masters tell the other team how sorry he is.

 

[Redfish]

Because they are struggling to support their family

ok, so you are a socialist. tell us a country where socialism has ever worked.

 

[Redfish]

Look for the comments by Scott Bessent last week.

post them

 

[Redfish]

They don't. $40K - std deduction is ~$25K AGI. Barely on the tax table at 10% 12%?

Your boys + phony complicit "R" block everything if Trump in office.

For 2025, the tax brackets for a single filer are as follows:

10% on income from $0 to $11,925
12% on income from $11,925 to $48,475
22% on income from $48,475 to $106,000
24% on income from $106,000 to $215,000
32% on income from $215,000 to $400,000
35% on income from $400,000 to $600,000
37% on income over $600,000

those rates are on TAXABLE income, after all the loopholes are included. the problem is not the rates the problem is the tax code (written mostly by democrats to protect their donors

 

[Redfish]

Tax the poor

MAGA Economics

tax everyone---equally

common sense.

 

[BrokeLoser]

Because they are struggling to support their family

Why would ‘they’ have families they need others to pay for?

 

[Hafar1014]

tax everyone---equally

common sense.

Thats called flat tax which would be the best option. You allow the first 30,000 tax free. Then have a flat tax or 3 tier taxes no deductions.

 

[DGS49]

I believe that most Americans who are not on the dole have a problem, ethically, with the Government taking more than half of a person's earnings, regardless of anything else. In fact, I think that most Americans consider the 37% top marginal tax rate to be pretty "fair," all things considered...like the additional tax burdens that we all share: State taxes, local income taxes, property taxes, sales taxes, and so on. The perception is that at 37% to the IRS, those top earners are paying about half their incomes in aggregate taxes, which is enough.

A little-understood problem with that is that the people with the highest earnings are usually not people with enormous salaries like professional sports stars, corporate CEO's, and entertainers. Most of them are entrepreneurs and investors, whose "salary" is modest or non-existent. And those people have a great deal of flexibility in how, whether, and when they recognize income. Hell, most of them could arrange their financial affairs so that they have zero taxable income in any chosen year. They just borrow money from themselves and live on the borrowed money. The Internal Revenue Code incentivizes all sorts of activity for perceived economic benefits - mainly accelerated depreciation of capital assets - and the highest income people (and C-Corps) take advantage of those incentives to minimize or eliminate their tax burden.

This is why Steve Forbes campaigned for years for a "flat" tax that would nullify a lot of those incentives and just force people to pay a "reasonable" percentage of their income (16-19%, if I remember correctly) with no deductions. This would actually capture MORE taxes from the highest earners because they would consider it fair, and stop juking and jiving around to minimize their taxes. But it would hit the working class pretty hard, as they pay next to nothing under the current income tax regime.

But as others have said, "we" don't have a problem with too little income tax revenue; the problem is with out-of-control spending, much of which is unconstitutional. Sorry.

 

[leftwinger]

those rates are on TAXABLE income, after all the loopholes are included. the problem is not the rates the problem is the tax code (written mostly by democrats to protect their donors

What loopholes? Age 65? Married joint? There are rules. No loopholes at $40K. No loopholes at $40K using 1040 std deduction.

 

[rightwinger]

Why would ‘they’ have families they need others to pay for?

Because poor people like to fuk
That is all they have

 

[BrokeLoser]

Because poor people like to fuk
That is all they have

Hmmm….Well then, shouldn’t they pay to play?
Why is it reasonable to ask others to pay for the results of Humberto’s *******?