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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.  

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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. 

 

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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.

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On 4/13/2024 at 9:09 AM, ChiGoose said:


 

🤔

"strong SOTU" and "Swifty winning the SB"  What kind of groomed house pet wrote this?

 

And those graphs look like ass.

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