Re: Here's Why The Right Comes After AOC So Hard.......
[QUOTE=Hawker]Kansas never eliminated all the deductions they were supposed to which was the original plan with reducing the tax rate - which is what happened during Reagan and why you saw an increase in tax revenue as I clearly showed.
Also, what's never considered in all of this is the increased freedom and liberty in those that have additional money to spend to see how they see fit and not give to the government. That's a win in my book.[/QUOTE]
Excuses, excuses. Kansas is a failed conservative state. They had to raise taxes again after the abject failure of their tax policy
[URL="https://www.washingtonpost.com/news/wonk/wp/2017/06/07/kansas-republicans-raise-taxes-rebuking-their-gop-governors-real-live-experiment-in-conservative-policy/"]https://www.washingtonpost.com/news/wonk/wp/2017/06/07/kansas-republicans-raise-taxes-rebuking-their-gop-governors-real-live-experiment-in-conservative-policy/[/URL]
Also, you do understand that this whole idea that the rich shouldn't be heavily taxed wasn't always the view of Republicans right?
Top earners under REPUBLICAN President Eisenhower went as high as 91% for top earners
[URL="https://www.politifact.com/truth-o-meter/statements/2015/nov/15/bernie-s/income-tax-rates-were-90-percent-under-eisenhower-/"]https://www.politifact.com/truth-o-meter/statements/2015/nov/15/bernie-s/income-tax-rates-were-90-percent-under-eisenhower-/[/URL]
Guess what? Didn't stop people from wanting to be rich. Didn't stop there being filthy rich people in this country. We just had more revenue to devote to things like infrastructure and other social programs.
Nah, tax the rich a lot more, use the money to fund infrastructure projects, education and contribute to a universal single payer program. We'll create a more stable, prosperous society. Even you'd be happier, lol.
I don't mind paying more taxes for peace of mind. Americans are overrun with anxiety over financial concerns, which leads to increased rates of suicide, poor health, drug abuse, family annihilations, etc.
We tried the trickle down nonsense for 40 years. It's been a total bust. Wages have stagnated for the middle class all this time. Turns out the wealthy horde their money instead of it trickling down. Go figure. don't worry, I'm telling you Bezos will get by with 2 mega yachts instead of 3. I promise.
Re: Here's Why The Right Comes After AOC So Hard.......
Hawker has admitted the system is rigged and he likes it that way because it benefits him.
A vote is a vote though and his is worth no more.
Were coming.
Re: Here's Why The Right Comes After AOC So Hard.......
[QUOTE=Hardtop Hero]Excuses, excuses. Kansas is a failed conservative state. They had to raise taxes again after the abject failure of their tax policy
[URL="https://www.washingtonpost.com/news/wonk/wp/2017/06/07/kansas-republicans-raise-taxes-rebuking-their-gop-governors-real-live-experiment-in-conservative-policy/"]https://www.washingtonpost.com/news/wonk/wp/2017/06/07/kansas-republicans-raise-taxes-rebuking-their-gop-governors-real-live-experiment-in-conservative-policy/[/URL]
Also, you do understand that this whole idea that the rich shouldn't be heavily taxed wasn't always the view of Republicans right?
Top earners under REPUBLICAN President Eisenhower went as high as 91% for top earners
[URL="https://www.politifact.com/truth-o-meter/statements/2015/nov/15/bernie-s/income-tax-rates-were-90-percent-under-eisenhower-/"]https://www.politifact.com/truth-o-meter/statements/2015/nov/15/bernie-s/income-tax-rates-were-90-percent-under-eisenhower-/[/URL]
Guess what? Didn't stop people from wanting to be rich. Didn't stop there being filthy rich people in this country. We just had more revenue to devote to things like infrastructure and other social programs.
Nah, tax the rich a lot more, use the money to fund infrastructure projects, education and contribute to a universal single payer program. We'll create a more stable, prosperous society. Even you'd be happier, lol.
I don't mind paying more taxes for peace of mind. Americans are overrun with anxiety over financial concerns, which leads to increased rates of suicide, poor health, drug abuse, etc.
We tried the trickle down nonsense for 40 years. It's been a total bust. Wages have stagnated for the middle class all this time. Turns out the wealthy horde their money instead of it trickling down. Go figure. don't worry, I'm telling you Bezos will get by with 2 mega yachts instead of 3. I promise.[/QUOTE]
Sweet...so you want to take us back to the 1950s despite all the technological progress and consumer products being dramatically cheaper than what they were. You guys always clamor about how Trump, "wants to take us to the 1950s" but that's exactly what you're advocating here. We also had a lot less immigration back then...want to do that as well? Wages remain low because if one individual quits, another unskilled individual will take its place. Basic economics bud.
Those 90% marginal tax rates weren't being paid. The effective tax rate ended up being somewhere in the 30s. That's common knowledge due to the amount of deductions you could avoid. That was the whole idea of the Reagan tax cuts...lower the tax rate and eliminate deductions at the same time so the government doesn't pick winners. And what did we see? Oh yeah, increased share of tax revenue (isnt this what you guys want? Pay your fair share!!!). Business owners just chose not to declare that income and the rich paid a much larger share of taxes when the tax rate decreased. That is fact.
Anyway, the tax revenue as % of GDP has remained the same regardless of the tax rate. Claiming higher revenue is just a falsehood. Sorry.
[IMG]https://upload.wikimedia.org/wikipedia/commons/7/75/U.S._Federal_Tax_Receipts_as_a_Percentage_of_GDP_1945%E2%80%932015.jpg[/IMG]
Educations gets more money year after year after year with little to no results to show for it. Tired of this liberal talking point.
[IMG]http://2.bp.blogspot.com/-WmUmtKqs7DE/TcLe3IaMQaI/AAAAAAAAANk/E-rYL10QSuc/s400/Screen+shot+2011-05-05+at+12.29.35+PM.png[/IMG]
Re: Here's Why The Right Comes After AOC So Hard.......
[QUOTE=Hawker]Sweet...so you want to take us back to the 1950s despite all the technological progress and consumer products being dramatically cheaper than what they were. You guys always clamor about how Trump, "wants to take us to the 1950s" but that's exactly what you're advocating here. We also had a lot less immigration back then...want to do that as well? Wages remain low because if one individual quits, another unskilled individual will take its place. Basic economics bud.
Those 90% marginal tax rates weren't being paid. The effective tax rate ended up being somewhere in the 30s. That's common knowledge due to the amount of deductions you could avoid. That was the whole idea of the Reagan tax cuts...lower the tax rate and eliminate deductions at the same time so the government doesn't pick winners. And what did we see? Oh yeah, increased share of tax revenue (isnt this what you guys want? Pay your fair share!!!). Business owners just chose not to declare that income and the rich paid a much larger share of taxes when the tax rate decreased. That is fact.
Anyway, the tax revenue as % of GDP has remained the same regardless of the tax rate. Claiming higher revenue is just a falsehood. Sorry.
[IMG]https://upload.wikimedia.org/wikipedia/commons/7/75/U.S._Federal_Tax_Receipts_as_a_Percentage_of_GDP_1945%E2%80%932015.jpg[/IMG]
Educations gets more money year after year after year with little to no results to show for it. Tired of this liberal talking point.
[IMG]http://2.bp.blogspot.com/-WmUmtKqs7DE/TcLe3IaMQaI/AAAAAAAAANk/E-rYL10QSuc/s400/Screen+shot+2011-05-05+at+12.29.35+PM.png[/IMG][/QUOTE]
If it's true that you admitted the system is rigged but like it that way because it benefits you then f*ck you. You're not going to be persuaded by any points no matter how reasonable because in the end it doesn't matter to you. You're driven purely by selfishness. In the end, it won't matter. As I mentioned, history dictates that when the window swings too far, it has to go in the other direction. You might not care about the average person, but that's the way it goes. If 60% of Americans (most of whom work) can't afford a $1000 emergency, something has gone very wrong with society. I get that you could care less, but when that happens, if people are looking and seeing that the wealthy have become even richer during this time (obscenely so), they are going to eventually become a target. That's just common sense, "bud".
Dread it. Run from it. But destiny still arrives. Why you would really care so much that someone making 10 milly gets taxed higher, or that someone making over what was it 50 mill gets a much higher tax is beyond me. It's the type of selfish greed I'll never comprehend.
This country's infrastructure is garbage. I thought the US was da best? you go to other countries and their public transportation, architecture, airports, roads, etc. blow us away. They have universal healthcare. Free education. They are happier.
It's taken far longer than it should have, largely because f*ck are Americans greedy, and conservatives (with help from the neo liberals Dems) have adopted a policy of taking a vacuum cleaner to middle class wealth,but you can't fool the people forever. The support of AOC"s tax policy on FOX NEWS, no matter what excuses you want to give for it, show that. Matter of time. Whether it's 2 years, 5 years, etc. there WILL be a more progressive tax system implemented in this country. Again, you don't have to LIKE it. I'm just telling you what to expect.
Re: Here's Why The Right Comes After AOC So Hard.......
[QUOTE=Hardtop Hero]If it's true that you admitted the system is rigged but like it that way because it benefits you then f*ck you. You're not going to be persuaded by any points no matter how reasonable because in the end it doesn't matter to you. You're driven purely by selfishness. In the end, it won't matter. As I mentioned, history dictates that when the window swings too far, it has to go in the other direction. You might not care about the average person, but that's the way it goes. If 60% of Americans (most of whom work) can't afford a $1000 emergency, something has gone very wrong with society. I get that you could care less, but when that happens, if people are looking and seeing that the wealthy have become even richer during this time (obscenely so), they are going to eventually become a target. That's just common sense, "bud".
Dread it. Run from it. But destiny still arrives. Why you would really care so much that someone making 10 milly gets taxed higher, or that someone making over what was it 50 mill gets a much higher tax is beyond me. It's the type of selfish greed I'll never comprehend.
This country's infrastructure is garbage. I thought the US was da best? you go to other countries and their public transportation, architecture, airports, roads, etc. blow us away. They have universal healthcare. Free education. They are happier.
It's taken far longer than it should have, largely because f*ck are Americans greedy, and conservatives (with help from the neo liberals Dems) have adopted a policy of taking a vacuum cleaner to middle class wealth,but you can't fool the people forever. The support of AOC"s tax policy on FOX NEWS, no matter what excuses you want to give for it, show that. Matter of time. Whether it's 2 years, 5 years, etc. there WILL be a more progressive tax system implemented in this country. Again, you don't have to LIKE it. I'm just telling you what to expect.[/QUOTE]
You want to take other people's money and use it as you see fit because you think you're morally superior than others. That's as selfish as it gets. Wanting to keep your money is somehow selfish? Yeah, ok.
You're complaining about the rich and somehow think that taking more of their money equates to a solution.
You ask me why I care if someone gets taxed. Why do you care how much money someone makes? Wealth isn't a fixed pie. Because someone else continues to make money, doesn't mean that others dont. The economy is not a zero sum game...disprove the numbers I've provided. Try it. What exactly are you trying to achieve than "rich white people bad. Must steal money."
Re: Here's Why The Right Comes After AOC So Hard.......
[QUOTE=Hawker] "rich white people bad. Must steal money."[/QUOTE]
54% on FOX NEWS. Pretty sure Fox news watchers are mostly white. Guess they think "rich white people bad" too.
And what a simple view. It's not rich white people bad. I WORK IN FINANCE. However "rich white people that take advantage of a rigged system, that they make every effort to rig while the majority of Americans can't afford a $1000 emergency and they have no intention of doing anything about it" is bad.
But back in the days before the French revolution, I'm sure plenty of the elite argued just like you do. Didn't save them from the guillotine though. You'll learn that eventually. Or not. It doesn't matter if you think it's "fair" or not. The only thing that matters is if enough of the populace eventually thinks this current system is bullshit or not. The indicators are that more and more are starting to.
Re: Here's Why The Right Comes After AOC So Hard.......
Republicans are ‘scared’ of AOC. They want to make her the face of the Democrat party.
Re: Here's Why The Right Comes After AOC So Hard.......
[QUOTE]Dread it. Run from it. But destiny still arrives. Why you would really care so much that someone making 10 milly gets taxed higher, or that someone making over what was it 50 mill gets a much higher tax is beyond me.[/QUOTE]
For me it’s a matter of principle.
Taxes as a concept don’t bother me. Shit costs money. Most of the issue is misspending what already comes in but that’s another discussion. There comes a point where a line is crossed between contributing and being taken advantage of because it’s politically easy to **** over a hated class nobody will ever leap to defend. People can’t see past their own self interests enough to even consider that someone they are immensely jealous of might be treated unfairly. Kevin Durant might be a bitch but that doesn’t mean we deserve 70% of his check(for someone with a solid shoe deal his entire nba contract would be past the 10 million).
The entire argument for it tends to come down to “****em!” and some nonsense about people paying more in taxes than hundreds of thousands of citizens combined not paying their fair share. The great majority of people in favor of it have absolutely no knowledge of economics or the tax system. Something like this is always going to be primarily driven by bitterness.
I do think some version of it will happen because the poor will always outnumber the rich but that doesn’t make it right....just popular. And it will do nothing. The poor will be poor. Much of what comes in will be spent on bullshit. So much income is gonna be diverted to stock options or otherwise filtered through the system it won’t much matter what people are supposed to be paying.
The big time guys would just be even less liquid and probably rig things in their favor for exploding net worths. Income capped at 9.9 million and take the rest in bonds, stock, and shit...even artwork and other shit to make your kids even richer. I’ll take 9 million and a Picasso sketch in my grandsons safe deposit box. My lawyers would comb through every loophole and find every way to pawn income off onto family and investments. I’d manufacture massive market losses I could apply to future earnings to eliminate tax liability. You would get 70% from my cold dead hands.
All this shit is going to do is make accountants get even more creative.
Re: Here's Why The Right Comes After AOC So Hard.......
[QUOTE=Hardtop Hero]54% on FOX NEWS. Pretty sure Fox news watchers are mostly white. Guess they think "rich white people bad" too.
And what a simple view. It's not rich white people bad. I WORK IN FINANCE. However "rich white people that take advantage of a rigged system, that they make every effort to rig while the majority of Americans can't afford a $1000 emergency and they have no intention of doing anything about it" is bad.
But back in the days before the French revolution, I'm sure plenty of the elite argued just like you do. Didn't save them from the guillotine though. You'll learn that eventually. Or not. It doesn't matter if you think it's "fair" or not. The only thing that matters is if enough of the populace eventually thinks this current system is bullshit or not. The indicators are that more and more are starting to.[/QUOTE]
LOL @ essentially arguing for violence. You've lost the plot bro.
It doesn't matter if "54% on FOX NEWS believe it to be true." You simply aren't arguing any of the merits of this argument so yes, "rich white people bad. must steal money" is exactly what you're saying.
Education spending up. No result. Public infrastructure projects? They aren't recouping the expenses that these projects incur. They are losing money. So you want to steal taxpayer money to spend it on projects that nobody will use just so you can point at it and be like, "Look! I built something!"
I agree with you on people taking advantage of a rigged system. The only way to do that is to decrease regulations and remove the motivation of corporations getting involved at the government level.
You've yet to prove how taxing people more will lead to the majority of Americans having a $1000 emergency.
You work in finance in NY. You're part of the elite yourself and a player in the rigged system. You produce nothing for this society.
Re: Here's Why The Right Comes After AOC So Hard.......
People like AOC because she is attractive and authentic.
[QUOTE=NumberSix]Republicans are
Re: Here's Why The Right Comes After AOC So Hard.......
Speaking of giving to the rich while taking from the poor....
[B][COLOR="Red"]‘I trusted you!’ Trump voters seethe after realizing they’re getting screwed by the GOP’s tax plan
[/COLOR][/B]
[url]https://www.rawstory.com/2019/02/trusted-trump-voters-seethe-realizing-theyre-getting-screwed-gops-tax-plan/#.XFot8d_pJEd.twitter[/url]
There will be tons and tons more when MAGAs realize they've been conned by a known con man.
Wait till they realize their health care is f*cked.
Wait till they realize they'll have to pay for the debt.
Luckily for them, the Dems put an end to the wall. Otherwise they'd have to pay for it as well. And pray that they don't have a natural disaster in their city/town, cause Trump diverted funds.
Re: Here's Why The Right Comes After AOC So Hard.......
[QUOTE=Kblaze8855]For me it’s a matter of principle.
Taxes as a concept don’t bother me. Shit costs money. Most of the issue is misspending what already comes in but that’s another discussion. There comes a point where a line is crossed between contributing and being taken advantage of because it’s politically easy to **** over a hated class nobody will ever leap to defend. People can’t see past their own self interests enough to even consider that someone they are immensely jealous of might be treated unfairly. [b]Kevin Durant might be a bitch but that doesn’t mean we deserve 70% of his check[/b](for someone with a solid shoe deal his entire nba contract would be past the 10 million).
[/QUOTE]
You're still stuck on this stupid notion that another being taxed more somehow equates to everyone else getting at it. It's a RW meme geared towards convincing gullible people that they ought to be grateful that their "betters" footing a larger part of the bill equates to them subsidizing the rest of us.
Re: Here's Why The Right Comes After AOC So Hard.......
Not a good night for Socialism last night.
[IMG]https://media.newyorker.com/photos/5c5a7302ea4a1f4467e527c3/master/w_727,c_limit/Cunningham-AOCStareSOTU.jpg[/IMG]
[IMG]https://pbs.twimg.com/media/Dyu8dTYUYAAHvMI.jpg[/IMG]
:oldlol:
Re: Here's Why The Right Comes After AOC So Hard.......
[QUOTE]You're still stuck on this stupid notion that another being taxed more somehow equates to everyone else getting at it. It's a RW meme geared towards convincing gullible people that they ought to be grateful that their "betters" footing a larger part of the bill equates to them subsidizing the rest of us.[/QUOTE]
Case by case. A great many people pay no income tax and most of what they contribute tax wise is in the form of sales and property taxes.
Say a millionaire pays the property taxes on his house and expensive car....plus say....200K in state taxes....forget federal for now. just state.
You also have a barber from a few miles away who pays no taxes because he operates in cash and doesnt do returns(I have barbers in the family).
When that barbers kid goes to local public schools who provided more of the funding for it to run? Him...or the millionaire? Who puts money towards fixing roads?
How would you word it when 1 percent of a state pays almost half of all taxes which Cuomo says happens in NY? Speaking of which he claims a number of them moved business to other states because of the tax laws and it cost them over 2 billion dollars the first year.
These people provide an irreplaceable portion of the budget.
Re: Here's Why The Right Comes After AOC So Hard.......
[QUOTE=greymatter]You're still stuck on this stupid notion that another being taxed more somehow equates to everyone else getting at it. It's a RW meme geared towards convincing gullible people that they ought to be grateful that their "betters" footing a larger part of the bill equates to them subsidizing the rest of us.[/QUOTE]
And you're still stuck at this notion that someone making more than you equates to you not being able to make more at all.