As always the socialists always run someone they can pull the strings of because they know they themselves could never get voted for or in office unless along side of another...in this case Cortez was picked by him, not the other way around.
Posted on 01/12/2019 10:30:38 AM PST by yesthatjallen
Fair share? How about 10% tax on the people who don’t pay anything now?
How about a tax on the money Mexicans earn under the table and send home? transfer tax.
How about a word tax on every thing politicians say that is stupid?
“The GOP should respond by proposing a constitutional amendment that limits the Government to a single tax rate that get applied equally to all citizens.”
Totally absurd.
We can’t all be doctors and lawyers.
At least half of us must take work paid at below the median rate.
At least 25% must take the jobs in the lower compensation quartile.
I live on about $5,000 a year.
I can’t get by on $3,000/year.
A surgeon that makes $1.2 million/year can get by on $700,000/year after tax.
A CEO paid $35 million/year can get by on $1 million/year.
If you,like, expect everyone to pay taxes and stuff then you must be a racist or something. /Sheldon
As if anyone actually draws such salaries any more. Good luck morons.
The rich as a group do not have enough money for any kind of wealth tax to pay off the Debt. All the wealth there might last a few months or a year then it’s spent. You would not make a dent in the national debt.
Trump proposed a 10% wealth tax years ago when that would have easily paid off the National Debt and put the country on a firm financial footing, if done then with a dedicated revenue stream to keep debt paid down in the future we would be in great shape. I am afraid it’s too late for that now.
Ok, that’s even of this bs. Communists, real communists, not ‘’democratic socialism’’, communism. Time for a 2nd. solution.
No NOT absurd. It is call equal treatment under the law.
Nobody, NOBODY, who has that kind of money ends up paying anywhere near that rate. Those who have already acquired great wealth need only reduce their actual annual income to a mere trickle, to fall far below that rate. And any decent tax lawyer, who follows the rules set up and meant to protect members of the House and Senate from onerous tax bills, need only to seek out and apply those special provisions to their own clients. By shifting investments around to those which are considered eligible for low or no-tax status, taxes may be avoided, which is much different than tax evasion.
In this country, wealth is not taxed. Only certain classes of income are ever taxed.
meant 2nd. Amendment solution. I’m not giving up 70% of what I work for to some yapping, bug eyed socialist bitch from the Bronx.
What no one talks about is that when the country has those high tax rates no one paid them. There were a great many tax deduction you could take and that reduced the tax bite a great deal.
Also that was the post war period when this country was rebuilding the rest of the world, we were a creditor nation and for about 25 years after the war we were the top dog with very little competition. All that has now changed.
Going back to those kind of high rates would probably destroy what is left of the country.
Would Congress be excluded?
> She should pay 70% of her salary as an example of pure socialism. <
I’d be happy enough if she paid her entire staff - including herself - using Socialist principles. Ocasio-Cortez is single. So she should be paid only 1/4 as much as, say, a clerk who is supporting a family of four.
“From each according to his ability, to each according to his need.”
Karl Marx
“While money can’t buy happiness, it certainly lets you choose your own form of misery.”
Groucho Marx
As always the socialists always run someone they can pull the strings of because they know they themselves could never get voted for or in office unless along side of another...in this case Cortez was picked by him, not the other way around.
Not good enough.
The marginal rates should be:
10,000,000+ = 190%.
5,000,000 - 10,000,000 = 175%.
1,000,000 - 5,000,000 = 130%.
500,000 - 1,000,000 = 120%.
200,000 - 500,000 = 115%.
100,000 - 200,000 = 112%.
70,000 - 100,000 = 110%.
50,000 - 70,000 = 108%.
25,000 - 50,000 = 107%.
10,000 - 20,000 = 106%.
Under 10,000 = 105%.
We are running federal deficits on the order of $1 trillion/year.
Tax credit refundability needs to vanish.
The middle class needs to pay considerably more.
The high income folks need to pay at about the rate she suggests.
Capital gains need to be taxed at standard rates.
Only if tax rates are raised will there be a will to cut spending.
Half the nation draws from the federal trough.
Looks like that guy just rolled out of bed. Unkept and wrinkled clothes, unshaven, hair unkempt
The young ones don’t know that few people will pay 70%.
They’ll find a workaround, like always.
I read some years back that H. Ross Perot at the time was making $360 million a year and paying 8% of it back in income taxes. The top rate at the time was 39.5%.
High tax rates don’t hurt the rich. They hurt the small business person who has that couple of big years near the end of his/her career, and employed people finally making a high salary has they approach retirement.
It’s called screwing the people who do things right and produce.
I think you are posting on the wrong board. Were you looking for DU or Huffing?
That’s the first time I heard his name.
So you can live on $3k a year and:
“A CEO paid $35 million/year can get by on $1 million/year.”
What the hell has that got to do with how people should be taxed?
Why don’t you just say everything people make above $3k a year just goes straight to the government? People don’t “need” any more than that.
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