KRC Posted July 8, 2019 Share Posted July 8, 2019 Interesting "What if..." opinion article from The Economist this week. What if America introduces a wealth tax 1 Link to comment Share on other sites More sharing options...
reddogblitz Posted July 8, 2019 Share Posted July 8, 2019 15 minutes ago, KRC said: Interesting "What if..." opinion article from The Economist this week. What if America introduces a wealth tax The biggest problem with something like this is that the rich people with congress persons in their pocket can buy a nice loop hole so they and their cronies don't have to pay it letting the tax burden fall where it always does, the little guy. Same goes for the 70% marginal tax rate. How many people do you really think actually paid 70% in the 1960s. They had loop holes then too. 1 Link to comment Share on other sites More sharing options...
B-Man Posted July 8, 2019 Share Posted July 8, 2019 “THEY ‘CARE’.” All 2020 Senate Dems Absent for Vote to Send Humanitarian Relief to Border. . Link to comment Share on other sites More sharing options...
keepthefaith Posted July 8, 2019 Share Posted July 8, 2019 8 minutes ago, reddogblitz said: The biggest problem with something like this is that the rich people with congress persons in their pocket can buy a nice loop hole so they and their cronies don't have to pay it letting the tax burden fall where it always does, the little guy. Same goes for the 70% marginal tax rate. How many people do you really think actually paid 70% in the 1960s. They had loop holes then too. But there really isn't a tax burden for anyone, not with the our deficit spending habits. We can pass a sweeping new entitlement, raise taxes on the rich (cough, cough) and never have to be accountable for the debt. Business as usual. 1 Link to comment Share on other sites More sharing options...
B-Man Posted July 8, 2019 Share Posted July 8, 2019 2 Link to comment Share on other sites More sharing options...
B-Man Posted July 8, 2019 Share Posted July 8, 2019 . 1 Link to comment Share on other sites More sharing options...
row_33 Posted July 8, 2019 Share Posted July 8, 2019 1 hour ago, reddogblitz said: The biggest problem with something like this is that the rich people with congress persons in their pocket can buy a nice loop hole so they and their cronies don't have to pay it letting the tax burden fall where it always does, the little guy. Same goes for the 70% marginal tax rate. How many people do you really think actually paid 70% in the 1960s. They had loop holes then too. the situation and culture of the time was that 70% was natural to pay so it wasn't that big a deal Link to comment Share on other sites More sharing options...
B-Man Posted July 8, 2019 Share Posted July 8, 2019 1 5 Link to comment Share on other sites More sharing options...
B-Man Posted July 8, 2019 Share Posted July 8, 2019 ......Swalwell -- "I don't feel too well" David Burge @iowahawkblog FollowFollow @iowahawkblog Breaking: freight ship laden with "President Swalwell" t-shirts seen steaming toward Bangladesh 8:33 AM - 8 Jul 2019 1 1 Link to comment Share on other sites More sharing options...
row_33 Posted July 8, 2019 Share Posted July 8, 2019 so who gets Swalwell's sole supporter and donor? Link to comment Share on other sites More sharing options...
whatdrought Posted July 8, 2019 Share Posted July 8, 2019 2 hours ago, Deranged Rhino said: To be fair -- it's so f'ing early, people can't be bothered. Word on the streets is that those ladies were very excited to get their picture made with their granddaughters favorite rock and roll singer "bay ns say." 1 Link to comment Share on other sites More sharing options...
snafu Posted July 8, 2019 Author Share Posted July 8, 2019 (edited) 2 hours ago, Deranged Rhino said: More... so sad. Can he give his poll #s to deBlasio so deB gets on stage again later this month? Edit: 0+1 = 1. Edited July 8, 2019 by snafu 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted July 8, 2019 Share Posted July 8, 2019 2 hours ago, reddogblitz said: The biggest problem with something like this is that the rich people with congress persons in their pocket can buy a nice loop hole so they and their cronies don't have to pay it letting the tax burden fall where it always does, the little guy. Same goes for the 70% marginal tax rate. How many people do you really think actually paid 70% in the 1960s. They had loop holes then too. It's not a 'problem' at all. It's how the system works. Nobody cares what their GROSS pay is. They only care what their NET pay is. The same is true for taxes. Nobody cares what their base tax rate is. They only care what their adjusted rate is after what you call 'loop holes'. Link to comment Share on other sites More sharing options...
Doc Brown Posted July 8, 2019 Share Posted July 8, 2019 1 hour ago, B-Man said: ......Swalwell -- "I don't feel too well" His sole campaign message I got from the debates is "I'm younger than Joe Biden" and that cops apparently be fired without an investigation if someone dies. No questions asked. 1 Link to comment Share on other sites More sharing options...
KRC Posted July 8, 2019 Share Posted July 8, 2019 4 minutes ago, Doc Brown said: His sole campaign message I got from the debates is "I'm younger than Joe Biden" and that cops apparently be fired without an investigation if someone dies. No questions asked. It seemed like a winning strategy. I am shocked he didn't last longer. 1 Link to comment Share on other sites More sharing options...
row_33 Posted July 8, 2019 Share Posted July 8, 2019 1 hour ago, snafu said: Can he give his poll #s to deBlasio so deB gets on stage again later this month? Edit: 0+1 = 1. the extreme opposite of the concept of Kingmaking Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted July 8, 2019 Share Posted July 8, 2019 2 hours ago, B-Man said: If someone had told me she'd be on the stage for round 2, and not the first "candidate" from those first 2 "debates" to drop, I'd have thought they were loonie. Well, loonier than she is. My biggest concern is people start to take her seriously, and we end up with President Williamson. Yikes. It is mildly amusing for a bazillion Rs to send her one dollar donations so she makes it to the next debate stage, but what if... 2 Link to comment Share on other sites More sharing options...
OldTimeAFLGuy Posted July 8, 2019 Share Posted July 8, 2019 2 hours ago, whatdrought said: Word on the streets is that those ladies were very excited to get their picture made with their granddaughters favorite rock and roll singer "bay ns say." ...didn't she just propose a $100 billion dollar Fed program for black home ownership?.......how can you classify obvious "exclusions" as racist?...nope, not a chance.....SMH... Link to comment Share on other sites More sharing options...
row_33 Posted July 8, 2019 Share Posted July 8, 2019 35 minutes ago, OldTimeAFLGuy said: ...didn't she just propose a $100 billion dollar Fed program for black home ownership?.......how can you classify obvious "exclusions" as racist?...nope, not a chance.....SMH... back in the 1990s they forced the banks to give out mortgages to people of non-traditional homeowning demographics, because asking how you intend to pay back your mortgage was deemed racist. led in lockstep to the mortgage and banking crisis of 2008, a completely "we told you so" after this concept was twisted and turned in all fraudulent directions Link to comment Share on other sites More sharing options...
OldTimeAFLGuy Posted July 8, 2019 Share Posted July 8, 2019 (edited) 8 minutes ago, row_33 said: back in the 1990s they forced the banks to give out mortgages to people of non-traditional homeowning demographics, because asking how you intend to pay back your mortgage was deemed racist. led in lockstep to the mortgage and banking crisis of 2008, a completely "we told you so" after this concept was twisted and turned in all fraudulent directions ...DAMN good point and nicely done my friend......so how does her "vote buying proposal" differ today?....it doesn't......how can she fault "Mumblin' Stumblin' Bumblin' Joe Biden as far as working with Senate segregationists yet her proposal segregates "other than blacks" from the benefit?.... Edited July 8, 2019 by OldTimeAFLGuy Link to comment Share on other sites More sharing options...
Recommended Posts