I don't think you should be able to vote if you don't pay taxes. People who vote and don't pay taxes get to tell the government what to do with other people's money. I don't see how that's fair.
I don't think you should be able to vote if you don't pay taxes. People who vote and don't pay taxes get to tell the government what to do with other people's money. I don't see how that's fair.
Stop glorifying the rich. Many of them did nothing to get wealthy, its family money handed down, Trump is a perfect example, so are his imbecile children.
In the US it seems like the middle class and poor get on their knees and pay taxes through their teeth and think this is perfectly ok because their rich owners are so amazing because they throw them a paycheck every 2 weeks so they can pay their mortgage and drink a 6pack. So its wonderful that these rich owners are rewarded with low taxes.
Guess what morons? You slave your entire lives away to make them rich, and you remain poor while they earn more and more, and their families are set for generations. What tax breaks are you given for being a paid slave? Most of you cant even retire comfortably after your slave days are over.
THINK!
Conservatives are so pathetic. The rich wouldn't piss on you if you were on fire but here you are going to bat for them on the internet. Amazing.
Like many lefty slogans, it's misleading at best and an outright lie at worst. The rich pay vastly more in taxes than the poor. Even the middle class contributes barely anything to federal income taxes. Claiming otherwise is crazy. I suppose you could argue to "tax the rich even more"...at least that would be a more intellectually honest slogan.
https://www.heritage.org/taxes/commentary/1-chart-how-much-the-rich-pay-taxes
Tommy2Nuttz wrote:
Stop glorifying the rich. Many of them did nothing to get wealthy, its family money handed down, Trump is a perfect example, so are his imbecile children.
I have no issue whatsoever with inherited wealth. To me, giving your kids a better life than you had is the whole point of working.
I came from nothing. At best, I might inherit 25% of an unsellable house someday. But I've worked hard as an adult, put some money aside, and I definitely plan on using it to make my daughter's life easier than mine was.
I have no issue whatsoever with inherited wealth. To me, giving your kids a better life than you had is the whole point of working.
I came from nothing. At best, I might inherit 25% of an unsellable house someday. But I've worked hard as an adult, put some money aside, and I definitely plan on using it to make my daughter's life easier than mine was.[/quote]
good job.
Dr. Tom Stanley, author of The Millionaire Next Door, found through his research that about 20% of millionaires became that way through inheritance. The other 80% are first-generation rich. That means they started from nothing and piled up money.
The game isn't rigged but takes perseverance and time.
The Millionaire next door was written 1998, a lot of things have changed since then.
Today we see more trust fund kids then ever.
I have never met a trust fund kid in my 67 years. And I saved over a million in my 401K/IRA, first in my family to do so so it is possible.
There may be more trust fund kids today but also many more millionaires than in 1998. Million today is not what it was in 1998.
The game is rigged wrote:
The Millionaire next door was written 1998, a lot of things have changed since then.
Today we see more trust fund kids then ever.
A 2017 survey from Fidelity Investments found that 88 percent of millionaires are self-made. Only 12 percent inherited significant money (at least 10 percent of their wealth), and most did not grow up in exclusive country club neighborhoods. The majority of millionaires went to college and are married or partnered.
19 years after Millionaire next door book.
Rule of thumb: if you're gonna call anybody "dumb," it's a good idea to actually say something that's, well, not dumb.
BTW. Please list those "people" whose "sole" purpose is to help others limit their tax liability.
Altruism in business?!!
The Clown Show wrote:
Taxes are way too complicated. Just because the "rich" get taxed at a higher rate doesn't mean they pay it. There are so many loopholes, designed primarily for the "rich" to avoid taxes. This is why Mr. Trump pays less in taxes than I do.
Question to somebody who knows more than I, why can't paying taxes be simplified? Same rate, for everybody regardless of income with ZERO loopholes for write-offs? So whatever you owe, you pay. Flat-rate. Something like 15%.
While I agree with a flat rate tax system, the people in power (the rich) do not want the tax code simplified. They want it to be confusing and with lots of loopholes. That way they can buy things and then write it off. Like a vehicle that weighs more than a certain weight can be written off as "farm equipment" even though they don't live or work on a farm. People buy yachts but they make sure their company buys the yacht and not them personally. Then they can write it off as a business expense for entertaining clients. Same with season tickets to MLB, NFL, and NBA games. Plus there are the incentives and kickbacks people (the rich) enjoy from locating their company to certain areas because they get favorable tax incentives to do so.
Flat tax? It will never happen. Why? It removes all of these tax loopholes especially if it is applied to businesses. Accountants and tax attorneys would fight to see that it would never happen as would the IRS. It would eliminate the need for their services by about 80 to 90%.
They're not dumb, they just want to be popular and with the "in" crowd. The latest wave of far-left nonsense is not a genuine movement, it's just a status-driven race to be the most woke, but nobody is actually trying to live out these idiotic beliefs.
https://nypost.com/2019/08/17/luxury-beliefs-are-the-latest-status-symbol-for-rich-americans/
Good read to understand what's going on.
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It’s either the broke liberals or scummy politicians who are always going on about taxing the rich. When liberals get rich, themselves they change their tune. I’m reminded of all the English rock stars that moved to the US back in the 70s to avoid the crushing taxation in England.
If someone helps a corporation limit tax liability, they should individually be responsible for paying the corporation's tax liability in its place.
800 critic3 wrote:
It seems pretty obvious that "the income" needs to be taxed such that the bills can be paid.
Since a relatively few people make a massive portion of the "the income", it stands to reason that they should pay most of the taxes. The make most of "the income".
Taxing poor people is fairly pointless. They're poor because they have no income to tax. Duh.
I don't entirely disagree with the PP on business taxes BUT way to many "companies" are now simply pass-through tax-avoidance schemes that individuals use to shield income.
A consumption tax is better for that than an income tax. No tax on basic necessities like food and clothing.
Tax this ho’ extra for collecting a paycheck while doing nothing but demonstrrating her low IQ:
When the people shall have nothing more to eat, they will eat the rich
And ‘allegedly’ she banged Cenk Uygur as one of the conditions of her getting to run for office with TYT providing the initial cash after she won their find a candidate contest. That should be taxed. 🤣
fully-vaxxed, anti-masked wrote:
Like many lefty slogans, it's misleading at best and an outright lie at worst. The rich pay vastly more in taxes than the poor. Even the middle class contributes barely anything to federal income taxes. Claiming otherwise is crazy. I suppose you could argue to "tax the rich even more"...at least that would be a more intellectually honest slogan.
https://www.heritage.org/taxes/commentary/1-chart-how-much-the-rich-pay-taxes
Perhaps if we legislated to put more money into the pockets of the middle class for their labor instead of legislating to put all the money in the hands of rich people.
the middle class could shoulder more of the tax burden and lessen the tax burden of the ultra wealthy and stock holder types.
but the ultra wealthy think that is their money in the first place. So naturally they don't want to share it on that end... and they don't want to be taxed on the money they are hording. Either way... they feel like they are being screwed by the greedy workers.
