Pokebball Posted April 12 Posted April 12 1 hour ago, L Ron Burgundy said: The worst part is they act like they're not slaves to the rich. If you asked independently most would say they're against making the rich richer. Yet they are so easily manipulated by culture war BS they don't even see the puppet masters. ...and your answer is to surrender your liberty to the clowns in government. 1
Roundybout Posted April 12 Posted April 12 Said it before, said it again. Not a serious political party. Needs to be abolished. 1
L Ron Burgundy Posted April 12 Posted April 12 6 minutes ago, Pokebball said: ...and your answer is to surrender your liberty to the clowns in government. What liberty did I surrender? You talking covid restrictions? 2nd amendment insanity? Freedom of speech?
Pokebball Posted April 12 Posted April 12 Just now, L Ron Burgundy said: What liberty did I surrender? You talking covid restrictions? 2nd amendment insanity? Freedom of speech? My opinion, from reading your posts, is that your willing to give up most everything 1
L Ron Burgundy Posted April 12 Posted April 12 2 minutes ago, Roundybout said: Said it before, said it again. Not a serious political party. Needs to be abolished. Can't be abolished, at least I don't think so, but rebuild top to bottom. Trump just did it so it can be done. Need someone with his type of influence but actually with a functional brain that doesn't pander to whackos. 1
L Ron Burgundy Posted April 12 Posted April 12 4 minutes ago, Pokebball said: My opinion, from reading your posts, is that your willing to give up most everything Surely then you can name one. I can say I was willing to give up some during covid for the benefit of those around me. I would call that a responsibility of those living in a functioning society. What else? 1
Pokebball Posted April 12 Posted April 12 5 minutes ago, L Ron Burgundy said: Surely then you can name one. I can say I was willing to give up some during covid for the benefit of those around me. I would call that a responsibility of those living in a functioning society. What else? You mentioned paying one's fair share just a couple of posts above. 1
L Ron Burgundy Posted April 12 Posted April 12 6 minutes ago, Pokebball said: You mentioned paying one's fair share just a couple of posts above. I'm referring to the rich who get away with paying a much lower % of their income via taxes. Do you feel it's fair for a billionaire to pay a lower % than middle class people? I'm definitely not a fan. I definitely don't see the relation to liberty either but I'm multi-tasking so maybe I'm off base. You tell me. 1
Roundybout Posted April 12 Posted April 12 1 hour ago, L Ron Burgundy said: Can't be abolished, at least I don't think so, but rebuild top to bottom. Trump just did it so it can be done. Need someone with his type of influence but actually with a functional brain that doesn't pander to whackos. Yeah, really needs to be torn down to the studs. Kick out the insane conspiracy losers and get some semblance of what it once stood for 1
ScotSHO Posted April 12 Posted April 12 (edited) 1 hour ago, L Ron Burgundy said: I'm referring to the rich who get away with paying a much lower % of their income via taxes. Do you feel it's fair for a billionaire to pay a lower % than middle class people? I'm definitely not a fan. I definitely don't see the relation to liberty either but I'm multi-tasking so maybe I'm off base. You tell me. America’s upper-income-tax rates currently are the same as international norms, and the pre-1960s income tax rates exceeding 90% raised little additional tax revenue. But surely cutting spending would be dumb - eat the rich! Please note I am not rich, so you can't eat me. Bart Simpson did say "eat my shorts", but I am not 100% sure of the implications of that statement. I don't recommend it. Edited April 12 by ScotSHO 1
Pokebball Posted April 12 Posted April 12 (edited) 1 hour ago, L Ron Burgundy said: I'm referring to the rich who get away with paying a much lower % of their income via taxes. Do you feel it's fair for a billionaire to pay a lower % than middle class people? I'm definitely not a fan. I definitely don't see the relation to liberty either but I'm multi-tasking so maybe I'm off base. You tell me. Income tax is based on two basic factors, (1) taxable income and (2) tax rate. The tax rate is progressive, so as your taxable income increases, the rate increases. The entire US population is subject to the same tax rate table. You earn a billion dollars you are in, without any doubt whatsoever, the highest tax bracket and you'll pay a shytload of taxes. Now the term "billionaire" is normally associated with wealth, not income. But let's continue along this hypothetical conversation. You earn a billion dollars in year 01 and you pay a shytload of taxes in year 01. You put the net under your mattress. In year 02 you don't earn a wooden nickle. You're still a billionaire, but you're not paying any taxes. It is very possible for a billionaire to have a taxable loss in any given tax year. So, to answer your question, whether I think it's fair in any given year, or even in successive years? Of course. It makes complete and total sense to anyone that understands and can read through the media's attempts of playing gotcha. Edited April 12 by Pokebball 1
Irv Posted April 12 Posted April 12 3 hours ago, wnyguy said: Your name is Irv yet your pic is Clip. What's up with that? That’s none of your business and you wouldn’t be able to comprehend it if I told you. Stay in your lane like I told you son.
L Ron Burgundy Posted April 13 Posted April 13 1 hour ago, Pokebball said: Income tax is based on two basic factors, (1) taxable income and (2) tax rate. The tax rate is progressive, so as your taxable income increases, the rate increases. The entire US population is subject to the same tax rate table. You earn a billion dollars you are in, without any doubt whatsoever, the highest tax bracket and you'll pay a shytload of taxes. Now the term "billionaire" is normally associated with wealth, not income. But let's continue along this hypothetical conversation. You earn a billion dollars in year 01 and you pay a shytload of taxes in year 01. You put the net under your mattress. In year 02 you don't earn a wooden nickle. You're still a billionaire, but you're not paying any taxes. It is very possible for a billionaire to have a taxable loss in any given tax year. So, to answer your question, whether I think it's fair in any given year, or even in successive years? Of course. It makes complete and total sense to anyone that understands and can read through the media's attempts of playing gotcha. Are we really going to pretend the wealthy don't exploit the system? Often it's done legally because they donate money to influence policy leaving massive loopholes. Your reply makes me believe you know this and are conveniently forgetting. The famous example comes to mind of Warren Buffet paying a lower effective rate than his secretary.
reddogblitz Posted April 13 Posted April 13 54 minutes ago, L Ron Burgundy said: Are we really going to pretend the wealthy don't exploit the system? Often it's done legally because they donate money to influence policy leaving massive loopholes. Your reply makes me believe you know this and are conveniently forgetting. The famous example comes to mind of Warren Buffet paying a lower effective rate than his secretary. If these people are not breaking the law then the problem is not those rich snobs but bad laws. I hear Senators Sanders and Warren and others complaining about this. You have the power. Do something about it. But since the politicians have to take money from these rich people to get elected, these are the kind of laws we get. 1
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