ThatOwlWoman (08-17-2018)
ThatOwlWoman (08-17-2018)
Hello Oneuli,
I have done that calculation for myself, many times. I always get the same result. If we raise the top tier tax rate to around 50%, we could be paying down the debt right now. It's so easy. It makes so much sense to do it. The only thing I can see that is in the way of doing this to truly make America great again is propaganda.
Of course, now, we would have to raise corporate taxes back to where they were also, before the fools raided the piggy bank to make the rich richer while screwing everybody else.
Personal Ignore Policy PIP: I like civil discourse. I will give you all the respect in the world if you respect me. Mouth off to me, or express overt racism, you will be PERMANENTLY Ignore Listed. Zero tolerance. No exceptions. I'll never read a word you write, even if quoted by another, nor respond to you, nor participate in your threads. ... Ignore the shallow. Cherish the thoughtful. Long Live Civil Discourse, Mutual Respect, and Good Debate! ps: Feel free to adopt my PIP. It works well.
ThatOwlWoman (08-17-2018)
May I point out the obvious?
1. Let's say you're a person (like a Rich Person). Would you rather GIVE your money to the Government ... OR ... would you rather LOAN your money to the Government?
Why would people (Rich People) want to 'raise taxes' to pay off the debt? When they can loan (Treasury Bonds/Bills) that same money to the Government and get a Return?
TOP (08-17-2018)
evince (08-17-2018), Gotcha68 (08-17-2018), ThatOwlWoman (08-17-2018)
ThatOwlWoman (08-17-2018)
ThatOwlWoman (08-17-2018)
TOP (08-17-2018)
Hello evince,
You also spend way more time here than I care to devote to this place. I've said many times I find the use of the Ignore and Threadban features to be great time-savers.
I've just got so much going on in real life that I couldn't possibly devote the time to this place needed to go through all the trash-talk posts.
I post at my own pleasure when I want to take a break from my very full life. In my view it is only logical to use filters in the interest of quality posting experience for time spent.
Personal Ignore Policy PIP: I like civil discourse. I will give you all the respect in the world if you respect me. Mouth off to me, or express overt racism, you will be PERMANENTLY Ignore Listed. Zero tolerance. No exceptions. I'll never read a word you write, even if quoted by another, nor respond to you, nor participate in your threads. ... Ignore the shallow. Cherish the thoughtful. Long Live Civil Discourse, Mutual Respect, and Good Debate! ps: Feel free to adopt my PIP. It works well.
ThatOwlWoman (08-17-2018)
I want the reality of the situation
not a filtered dream scape
I am often doing a few things while I post
and I am often not here.
not paying attention to details will get you the wrong impression of a situation
I pay attention to all the posters even if I don't read their every post
this is how I spotted the foreign influence in the posters here BEFORE it was news
go bac on the dates here and you will see me saying BEFORE the election that there were non Americns posting here and that they wished to tear this union asunder
I got it right because I refused to limit my own experience
facts sometimes come in very large quantities
it sometimes takes lots of words to delineate them
like all the evidence to prove what a pack of brainless dupes the republican party base currently is to ignore the mountain of facts that prove you are putty in Putins hands.
malleable, brainless, wanton dupes with short attention spans
was that too long for you?
oh and BTW
the Dutch have it on tape
ThatOwlWoman (08-17-2018)
I do not claim not to be a lefty. I claim NOT to be a Democrat...and NOT to be a liberal.
I do claim to favor a progressive agenda (anyone with a functioning brain should)...but I am closer to some conservative issues than lefties...just as I am closer to some liberal issues than righties.
Your problem is not with Oneiuli's "brevity" or lack of it...your problem is that she is kicking your ass major league.
Did you try WGT?
Not yet, Grump. Too busy with real golf.
I will give it a try at some point. Thanks.
ThatOwlWoman (08-17-2018)
Hello Jack,
I AM a rich person and I pay all my taxes willingly. I LOVE the USA. I want to do my part to support the USA. I can't do it alone. We need to raise taxes.
I am not looking to make money off my support for the country I love. That seems wrong.
Money is not the end-all be-all of life. Once you have enough to be comfortable, more of it does not make you any happier. It may actually add more stress to your life figuring out how to manage it all. The ones who obsess over money don't understand what's really important in life. Love. Love is the most important thing in life. Trump OBVIOUSLY doesn't get THAT. And neither do people who think like him.
Consider this question. It's Christmas Eve. (or any other special day when people gather) Would you rather be in a) a room full of people you love, and whom love you; or b) a room full of money?
I chose a). Because money can't buy love.
Personal Ignore Policy PIP: I like civil discourse. I will give you all the respect in the world if you respect me. Mouth off to me, or express overt racism, you will be PERMANENTLY Ignore Listed. Zero tolerance. No exceptions. I'll never read a word you write, even if quoted by another, nor respond to you, nor participate in your threads. ... Ignore the shallow. Cherish the thoughtful. Long Live Civil Discourse, Mutual Respect, and Good Debate! ps: Feel free to adopt my PIP. It works well.
evince (08-19-2018), Phantasmal (08-17-2018), ThatOwlWoman (08-17-2018)
By my calculations, it would take more than just raising the top bracket. There'd need to be some increases below that, too. Here's a terrific resource for doing that math:
https://www2.census.gov/programs-sur...017/hinc06.xls
That makes it possible to do a rough calculation of the impact of a given change to individual income tax rates. Say, for example, the only change you make is to raise the tax on the top bracket from 37% to 50% and lower the threshold for that from $500k/$600k to just $250k. Right now there are 4.926 million households that earn over $250k, which earn an average of $413,853. So, they earn an average of $163,853 in the top bracket. Multiply by 4.926 million and you get around $807 billion in extra revenues.
Obviously, if we just raised that top bracket without lowering the threshold, the revenue boost would be a lot smaller than that. Only about 0.5% of households earn over $600k:
https://dqydj.com/household-income-p...lculator-2016/
So that top bracket only captures 631,120 households or so. We're not going to reach balance, from a starting point of a planned trillion dollar deficit, merely by raising the top bracket. Restoring corporate effective tax rates to reasonable levels would help, but I think it'll take more than that.
ThatOwlWoman (08-17-2018)
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