Not 70% tax.MICHHAWK wrote: ↑Sun Jan 06, 2019 11:49 am Hopes are now pretty low for the new crop. Right out of the gate one of them filthy mouths. Another vows to impose a 70% tax on those earning greater than $10,000,000.00.
Hopes were high. My fingers were crossed that maybe this time they would be different. Took a grand total of 36 hours to deflate. Maybe next time.
Dems in charge for 12 hours, and truth comes out
Re: Dems in charge for 12 hours, and truth comes out
Re: Dems in charge for 12 hours, and truth comes out
Top tax rate doesn't matter much for revenue generation.
It's a wash in the end.
It's a wash in the end.
Imjustheretohelpyoubuycrypto
Re: Dems in charge for 12 hours, and truth comes out
Yeah, I was just referring to the misleading nature of "70% tax" leaving out the keyword "marginal".
Re: Dems in charge for 12 hours, and truth comes out
Wash my butt. Revenue line is pretty straight and the top rate plummets. Where does that suggest that the revenue is coming from?
Do not go gentle into that good night, Old age should burn and rave at close of day; Rage, rage against the dying of the light.
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Deleted User 62
Re: Dems in charge for 12 hours, and truth comes out
Sshhhhh...he's on a roll....
Re: Dems in charge for 12 hours, and truth comes out
ummm...it means that the people who make more than $10 million a year will pay what they believe they should and not a dime more.
This isn't complicated. If you raise the marginal rates to 70+%, the people who make that kind of money will figure out how to hide it -- legally.
Honestly. I know you think you're playing gotcha, but all you're really doing is demonstrating your ignorance.
You too, Plano. You should know by now not to jump on the Geezer-policy-economics train. Derailment is inevitable.
This isn't complicated. If you raise the marginal rates to 70+%, the people who make that kind of money will figure out how to hide it -- legally.
Honestly. I know you think you're playing gotcha, but all you're really doing is demonstrating your ignorance.
You too, Plano. You should know by now not to jump on the Geezer-policy-economics train. Derailment is inevitable.
Imjustheretohelpyoubuycrypto
Re: Dems in charge for 12 hours, and truth comes out
Oh. And wash your own damn butt.
Imjustheretohelpyoubuycrypto
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Deleted User 62
Re: Dems in charge for 12 hours, and truth comes out
Flat tax then?DCHawk1 wrote: ↑Sun Jan 06, 2019 10:39 pm ummm...it means that the people who make more than $10 million a year will pay what they believe they should and not a dime more.
This isn't complicated. If you raise the marginal rates to 70+%, the people who make that kind of money will figure out how to hide it -- legally.
Honestly. I know you think you're playing gotcha, but all you're really doing is demonstrating your ignorance.
You too, Plano. You should know by now not to jump on the Geezer-policy-economics train. Derailment is inevitable.
Re: Dems in charge for 12 hours, and truth comes out
That doesn't have anything to do with anything.
It's simply a historical fact that the ultra-wealthy take far greater advantage of the loopholes they can when they feel they need to.
It's simply a historical fact that the ultra-wealthy take far greater advantage of the loopholes they can when they feel they need to.
Imjustheretohelpyoubuycrypto
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Deleted User 62
Re: Dems in charge for 12 hours, and truth comes out
lulz
Trump's tax cut closed a great many loopholes. And the shrieking and rending of garments was almost biblical.
Moreover, the harder the government pushes, the likelier the ultra-rich are to move their income and assets offshore.
Trump's tax cut closed a great many loopholes. And the shrieking and rending of garments was almost biblical.
Moreover, the harder the government pushes, the likelier the ultra-rich are to move their income and assets offshore.
Imjustheretohelpyoubuycrypto
Re: Dems in charge for 12 hours, and truth comes out
So, if the loopholes were closed, what caused the deficit to spike? Would that be something that's expected to take a few years to pay off?
Sorry, I know Google exists, I just have a hard time on political matters finding credible sources.
Sorry, I know Google exists, I just have a hard time on political matters finding credible sources.
Re: Dems in charge for 12 hours, and truth comes out
We just need some thrifty or skinflint dems to rein all that useless spending.
Originally Imzcount (Why do politicians think “hope” is a plan ?)
“Avoid the foolish notion of hope. Hope is the surrender of authority to your fate and trusting it to the whims of the wind”.
Taylor Sheridan
“Avoid the foolish notion of hope. Hope is the surrender of authority to your fate and trusting it to the whims of the wind”.
Taylor Sheridan
Re: Dems in charge for 12 hours, and truth comes out
you just KNOW it's good when it includes #maga #libtard #hillaryforprison
Re: Dems in charge for 12 hours, and truth comes out
Who's next to call Trump a mother fucker?
Originally Imzcount (Why do politicians think “hope” is a plan ?)
“Avoid the foolish notion of hope. Hope is the surrender of authority to your fate and trusting it to the whims of the wind”.
Taylor Sheridan
“Avoid the foolish notion of hope. Hope is the surrender of authority to your fate and trusting it to the whims of the wind”.
Taylor Sheridan
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Deleted User 75
Re: Dems in charge for 12 hours, and truth comes out
Heard on NPR this morning that the Talib expletive got roughly 5 times as much media attention as the Steve King white supremacy remarks...