Tax rates. What say you?

[canceled.2021.1]

A progressive tax system is a must.

The rates right now for the lower middle class ($150,000 or less) are appropriate. As we get up into the $150,000 range...I think the amount over $150,000 should be higher. Above $250,000 should be even higher. Above that should be even higher...with huge increases to those making mega-bucks.

Capital gains should be taxed as ordinary income.

Inheritance taxes should be close to confiscatory over $1,000,000 (or possibly a bit lower.)

Frankie can't you follow simple instructions?

I didn't ask you for a diatribe about current tax structure. Please go back and read the OP. If you can't offer a response to what I asked, I will ask to have you retro thread banned as I do not want this thread to get off topic. Others were able to follow simple instructions. Apparently you are not. I will give you a second chance out of Christian kindness. But, I am not to be tested

[Celticguy]

The left refuses to acknowledge that nobody evet paid 90% because of the deductions present at that time. The effective tax rate has been around 18% forever.

[Frank Apisa]

Frankie can't you follow simple instructions?

I didn't ask you for a diatribe about current tax structure. Please go back and read the OP. If you can't offer a response to what I asked, I will ask to have you retro thread banned as I do not want this thread to get off topic. Others were able to follow simple instructions. Apparently you are not. I will give you a second chance out of Christian kindness. But, I am not to be tested

One...I do not take INSTRUCTION from the like of you.

Two...I think I lived up to the tenor of your OP.

Three...in almost every thread there are minor deviations. That is to be expected...and accepted.

Four...if you do not like the way I post, you can go fuck yourself. Be sure to take your head out of your ass first, though. I don't want you smother yourself.

[canceled.2021.1]

One...I do not take INSTRUCTION from the like of you.

Two...I think I lived up to the tenor of your OP.

Three...in almost every thread there are minor deviations. That is to be expected...and accepted.

Four...if you do not like the way I post, you can go fuck yourself. Be sure to take your head out of your ass first, though. I don't want you smother yourself.

Strike 2 Frankie. I am sorry you can't follow simple instructions. You will bend the knee or you will not be permitted to participate in my thoughtful threads. I will have you retro banned at your request.

[Frank Apisa]

Strike 2 Frankie. I am sorry you can't follow simple instructions. You will bend the knee or you will not be permitted to participate in my thoughtful threads. I will have you retro banned at your request.

IF YOU CANNOT TAKE THE HEAT...STOP CRYING AND BEGGING ME TO DO WHAT YOU WANT ME TO DO.

GO FUCK YOURSELF.

[Nordberg]

The left refuses to acknowledge that nobody evet paid 90% because of the deductions present at that time. The effective tax rate has been around 18% forever.

Of course, the left recognizes that. The rights refuse to recognize that back then the rich and corporations paid a lot more. That is the point, our wealth concentration is worse than the Gilded age and getting worse all the time.https://americansfortaxfairness.org/...thy-americans/ The effective rate for the wealthy in the 50s was 42 percent.

[canceled.2021.1]

IF YOU CANNOT TAKE THE HEAT...STOP CRYING AND BEGGING ME TO DO WHAT YOU WANT ME TO DO.

GO FUCK YOURSELF.

You apply no heat Frankie. That is a lie you tell yourself. You will follow my instructions and bend the knee or you will suffer the consequences. It is just that simple

[Truth Detector]

A progressive tax system is a must.

Only a moron with the education of a field mouse can say something this stupid.

The rates right now for the lower middle class ($150,000 or less) are appropriate. As we get up into the $150,000 range...I think the amount over $150,000 should be higher. Above $250,000 should be even higher. Above that should be even higher...with huge increases to those making mega-bucks.

You know what is wrong with this argument Frankly? It falsely assumes we have a revenue problem. Dunce.

Capital gains should be taxed as ordinary income.

You know what is wrong with this argument Frankly? It falsely assumes we have a revenue problem. Dunce.

Inheritance taxes should be close to confiscatory over $1,000,000 (or possibly a bit lower.)

Now you are bloviating like a brain dead moron on steroids Frankly. But that is predictable from someone with the IQ of a field mouse.

I cannot understand the low IQ argument from liberals that suggest that the Government is entitled to more of our hard earned wealth. It is moronic.

[BRUTALITOPS]

jack and frank apisa retro'd via request of OP

[Truth Detector]

One...I do not take INSTRUCTION from the like of you.

Two...I think I lived up to the tenor of your OP.

Three...in almost every thread there are minor deviations. That is to be expected...and accepted.

Four...if you do not like the way I post, you can go fuck yourself. Be sure to take your head out of your ass first, though. I don't want you smother yourself.

[Truth Detector]

IF YOU CANNOT TAKE THE HEATSTUPID...STOP CRYING AND BEGGING ME TO DO WHAT YOU WANT ME TO DO.

GO FUCK YOURSELF.

[Truth Detector]

Of course, the left recognizes that. The rights refuse to recognize that back then the rich and corporations paid a lot more. That is the point, our wealth concentration is worse than the Gilded age and getting worse all the time.https://americansfortaxfairness.org/...thy-americans/ The effective rate for the wealthy in the 50s was 42 percent.

Corporations don't pay taxes numb nuts. YOU, the consumer, pay them. Dunce.

[canceled.2021.1]

The left refuses to acknowledge that nobody evet paid 90% because of the deductions present at that time. The effective tax rate has been around 18% forever.

That and for some reason they don't want to talk about all of the other tax rates from that same time period. They for some reason fail to mention that the lowest marginal rate was 20%. I wonder if they want to go back to that?

[canceled.2021.1]

Sadly only a few leftists have had the nerve to step up to the plate.

Maybe the others are flummoxed? I know Jackie and Frankie were

[Sirthinksalot]

A progressive tax system is a must.

The rates right now for the lower middle class ($150,000 or less) are appropriate. As we get up into the $150,000 range...I think the amount over $150,000 should be higher. Above $250,000 should be even higher. Above that should be even higher...with huge increases to those making mega-bucks.

Capital gains should be taxed as ordinary income.

Inheritance taxes should be close to confiscatory over $1,000,000 (or possibly a bit lower.)

So you appear to be against generational wealth, while supporting policies that enable generational dependence to persist. I wish I could say I'm surprised.
Screw family farms and family businesses, eh Frank? You're a shining example of how liberal policies come with terrible unintended consequences and that they don't work.

On topic, I think a 15% across the board income tax would be acceptable. And most definitely people should never get a refund greater than what was withheld.