Why are my tax dollars going to support the lazy bastards on welfare. At the liquor store yesterday had these two idiots (man/woman) wanting to cash a $5,000 tax return check. WTF? The lady at the counter laughed after she explained to them she was not a bank on Saturday after 12 noon. She and her husband ate also into
real estate. They sold a property and had to PAY $16,000 in taxes. These worthless motherfuckers get $,5000, $7000, $9,000 in a refund check when my ass works hard and pays taxes all year? **** Miss Ocasio Cortez most cordially.
I'm sure the Waltons thank you for your contribution to their Wealth. You contribution allows people like the Waltons to continue to pay wages that no human can live on.
Stop blaming the recipients. Start blaming the Republicans who are doing it to you. But you're not smart enough for that. You see poor people with money and you blame the poor. Just like Trump wants you to.
I blame egregious, wasteful spending of the taxpayer dollar. From that perspective, I see both Republicans and Democrats equally responsible overseeing that. That said, the solution is not to start beating the crap out of high income and middle income workers into paying more taxes or “getting more skin into the game”. This is a staple of the Democrats which is why I vote against them unless it is a Democrat who bucks this trend.
The bald fact is that Regan's revamping of the tax code changed the balance of the nation's wealth. The balance between corporate income, personal income, and income for the wealthy got tipped in favour of the wealthy, and the wealth of the working class and the middle class has trickled steadily to the top since 1980.
The working class no longer has any wealth and is dependent on government income supplements to maintain a roof over their heads and food for their families. The wealth of the middle class is now being eroded, and that erosion will accelerate with Trump's latest round of tax cuts.
In short, Republican policies have engineered the greatest transfer of wealth in the history of the world - all of it to the top 20%. Both W's tax cuts and Trumps latest round of tax cuts, most of which went to the wealthiest 20%, are only accelerating that transfer of wealth.
Your current situation is not only the result of wasteful government spending (programs cost more to administer than the benefits they provide), but it has been created by the social engineering of the US tax code, which prior to 1980 was more balance to benefit all of the people, than it is today.
You think the erosion of the Middle Class is due to wealthy getting wealthier? Why is it the middle class took home more in their paycheck under Bush and Trump yet were shamed by Obama/Biden to get more skin in the game? They considered the notion of a small business plumber grossing $250k before taxes, overhead, etc. to be “wealthy”? The modern day Democrats keep pushing us towards economic models that are decidedly more Socialist. These models necessarily eliminate any Middle Class and lock in a true 1 percent.
No small business owner is taxed on gross income. That's a complete fallacy. Not only does the plumber not pay taxes on the full $250K, he gets a LOT of deductions that the his employees don't get. He can deduct all of his expenses for supplies and equipment rentals, repairs, and take capital depreciation on large equipment purchases. My son-in-law has a small roofing company which did just over $300,000 in sales last year, having started the business in 2016. In 2017, he bought a brand new Ford 150 truck. All insurance, gas and servicing for the truck is paid by the business and is tax deductible, as is his cell phone. Since he uses one of the rooms in his house his home as his office, and his back shed for storage, he can deduct a percentage of his housing and utility costs from his taxes, including the cost of the security system he installed to deter the local thieves stealing his supplies. His cell phone and household internet are tax deductible. The net profit, after paying for vehicle, insurance, repairs, gas, internet, cell phone, business land line, and 20% percent of his remaining utilities and housing expenses, is then paid to him partially in dividends, which he splits with his wife, lowering tax rate on this income.
One small business owner friend of my said that when she looked at the statement of profit and loss statement on their RV dealership and saw that their taxable income was only $35,000 she said "We worked 18 hour days for 9 months of the year for $35,000?". Then she realized that they lived in a house on their RV dealership, and that $35,000 was after all of their property and household expenses were paid, as well as the costs of the both of their vehicles - gas, insurance, repairs, and depreciation, and that the only things in their lives which wasn't paid from pre-tax income was their clothing and their food. Basically, the $35,000 per year was spending money.