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Thread: WHAT LEFTISTS CONSIDER FAIR IN ECONOMICS!

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    Exclamation WHAT LEFTISTS CONSIDER FAIR IN ECONOMICS!

    We see in the modern mass media, who are nothing but lap dogs of the Pablum Puking left in The USA, a constant drum beat about what is fair and what is not fair. They regurgitate the Pablum that is fed to them by their masters from the Dimwit party.

    The American Economy is not fair because it favors white people! Booo hooo, waaa waaah!

    The Trump tax cut was no fair because 83% of the money went to business and the wealthy! Well who pays the taxes? You can't give a tax cut to people who don't pay taxes.

    Tax the Rich and the Corporations! That's fair right! WRONG! The bottom 50% of income earners pay about 3% of all the taxes collected. The top 10% pays about 60% of all income tax. We do not have a problem of too little tax on anyone. The problems is that the federal govt is out of control and has been for many years. Trump is trying to reign it in, and the Deep State is railing against him.

    Tax the Corporations right! WRONG again. Let me give you ignorant fucks a quick dose of reality: Corporations don't pay taxes. No matter what you raise their rates to, no matter what "Loop Holes" you close. They don't pay taxes. The fact is they collect taxes to be transferred to the Govt. How do they do this? To a Corporation or any business that is run right, taxes are just a business expense. So no matter what you set their rates on income tax at, no matter what you call the tax, the cost of that tax is added in to the price of the business's goods and services. The 2nd way the Business recovers their cost of taxes is to pay their employees less.

    So when the Economically Illiterate Bernie Sanders, Pocahontas Warren, Pete Bootigag types and their Apparatchiks start blowing off about Fairness you can be sure that what they mean is they want more of your money.

    The Trump Tax cuts have spurred Economic Growth and given us a record setting low unemployment level. What is more fair? High taxes on "The Rich" and "Big Business" or a growing economy with rising wages? Is it better to have high taxes on those you hate or a growing economy and a job to go to? We had 10 years from 2006 to 2016 of stagnation, no wage growth and as Jimmy Carter put it, "A national Malaise." This was the last 2 years of Bush and the 8 years of Obama.

    Socialism is a failure kiddies! Reject it.

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    I just love it when morons attempt to tell us what we think -- especially when they're almost always 180 degrees wrong.
    "Conservatism is the blind and fear-filled worship of dead radicals." -- Mark Twain

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    Quote Originally Posted by ThatOwlWoman View Post
    I just love it when morons attempt to tell us what we think -- especially when they're almost always 180 degrees wrong.
    First of all bird brain, I'm 50 IQ points higher than you on my bad days. Secondly I'm only restating the words of the Leftists.

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    Fact Business and Corporations don't pay taxes they collect them. They raise the price of any product and or service that they offer to match the tax that is imposed on them. Therefor the Consumer pays the tax.

    The 2nd way the business will recover any taxes imposed on them is to pay their employees less.

    This is reality.

    The Corporate and Business income tax rate should be zero. The Capital Gains and Dividend/Interest tax should be Zero.

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    Instead of calling for "Medicaid for all" and "Universal Poverty Wages" the left should be calling for the Repeal of the 16th Amendment and Zero income taxes for all.


    I'd cut federal spending by 10% this year and 5% per year for the next 10 years. Then privatize Social Security and Medicare.

    Starting today not tomorrow the USA should evict and perma ban by bio-metric ID tagging anyone who is in the country illegally!

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    Quote Originally Posted by Buck Tucker View Post
    We see in the modern mass media, who are nothing but lap dogs of the Pablum Puking left in The USA, a constant drum beat about what is fair and what is not fair. They regurgitate the Pablum that is fed to them by their masters from the Dimwit party.

    The American Economy is not fair because it favors white people! Booo hooo, waaa waaah!

    The Trump tax cut was no fair because 83% of the money went to business and the wealthy! Well who pays the taxes? You can't give a tax cut to people who don't pay taxes.

    Tax the Rich and the Corporations! That's fair right! WRONG! The bottom 50% of income earners pay about 3% of all the taxes collected. The top 10% pays about 60% of all income tax. We do not have a problem of too little tax on anyone. The problems is that the federal govt is out of control and has been for many years. Trump is trying to reign it in, and the Deep State is railing against him.

    Tax the Corporations right! WRONG again. Let me give you ignorant fucks a quick dose of reality: Corporations don't pay taxes. No matter what you raise their rates to, no matter what "Loop Holes" you close. They don't pay taxes. The fact is they collect taxes to be transferred to the Govt. How do they do this? To a Corporation or any business that is run right, taxes are just a business expense. So no matter what you set their rates on income tax at, no matter what you call the tax, the cost of that tax is added in to the price of the business's goods and services. The 2nd way the Business recovers their cost of taxes is to pay their employees less.

    So when the Economically Illiterate Bernie Sanders, Pocahontas Warren, Pete Bootigag types and their Apparatchiks start blowing off about Fairness you can be sure that what they mean is they want more of your money.

    The Trump Tax cuts have spurred Economic Growth and given us a record setting low unemployment level. What is more fair? High taxes on "The Rich" and "Big Business" or a growing economy with rising wages? Is it better to have high taxes on those you hate or a growing economy and a job to go to? We had 10 years from 2006 to 2016 of stagnation, no wage growth and as Jimmy Carter put it, "A national Malaise." This was the last 2 years of Bush and the 8 years of Obama.

    Socialism is a failure kiddies! Reject it.
    Typical righty, ignorant of math. Taxes for the wealthy have dropped over and over the last 50 years. Top rate went from 90 percent to 35. Yet they pay a majority of the taxes. Let's make it simple for you. That is proof they have all the fucking money. It is indicative of a horrible wealth gap in America. It is not about the poor picked on wealthy having to pay for the government. It shows again, that the wealth gap is huge and most economists see the danger in that.

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    Quote Originally Posted by Gonzomin View Post
    Typical righty, ignorant of math. Taxes for the wealthy have dropped over and over the last 50 years. Top rate went from 90 percent to 35. Yet they pay a majority of the taxes. Let's make it simple for you. That is proof they have all the fucking money. It is indicative of a horrible wealth gap in America. It is not about the poor picked on wealthy having to pay for the government. It shows again, that the wealth gap is huge and most economists see the danger in that.
    This is exactly what I was talking about! Total loyalty to the rhetoric!

    First I have a Masters Degree in Economics. Secondly I have more than 35 years experience in Income Tax and Tax Consulting. I am not "Ignorant" of math as this leftist idiot states.

    It is a fact that the bottom 50% of income earners pay only 3.04% of the total income tax collected. These are people with incomes below $40,078, not only do most of that bottom 50% pay only 3% most of them "get money" from the Earned Income Tax Credit and Child Tax Credits in addition to a refund of all the tax they paid during the year.

    Let us contrast this with the top 10% of income earners who pay 69.47% of all income taxes paid. They get no refundable credits.

    This buffoon who I quoted says that tax rates have fallen from 90% which is true. This is a marginal tax rate or as I like to explain the rate of tax you pay on the next dollar of income. The Current top Marginal tax rate is 37% in 2019 and not 35% as the buffoon statist claimed.

    But in spite of the reduction of Marginal rates over the years by Kennedy, Reagan, Bush 43 and Trump the top of income earners pay a higher percentage of the total tax bill.

    The buffoon also whines about "Wealth Gap" which is utterly irrelevant. The best course of action for the United States of America would be a repeal of the 16 Amendment and the elimination of all income taxes and the IRS!

    https://www.ntu.org/Library/imglib/2...1-34-41-PM.png

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    Eliminating the income tax would end all this talk about who makes the most money and end class warfare. It is no one's business how much money you make or how little. The Govt should not be allowed to put you in jail over a tax debt. They can seize your bank accounts, shut down your business and put leans on your home.

    The framers had it right when they forbid "capitation" taxes. The 16th Amendment must go.

    The U.S. Constitution, in Article I, Section 9, forbids the federal government from levying a capitation or other direct tax "unless in Proportion to the Census of Enumeration" provided for in Section 2. This was Amended in the 16th to allow the "Progressive" income tax.

    Repeal the 16th.

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    Well I see that after a couple of quite weak attempts to attack what I said the tards/Statists made a run by attacking the man since they were unable to hang with me on the point. Now they've scarpered off to the far reaches of the site to suck their thumbs and rock back and forth. I bet they are jerking off to their own self pity about being white and screaming Allah Akbar!! at the top of their lungs.

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    Quote Originally Posted by Buck Tucker View Post
    We see in the modern mass media, who are nothing but lap dogs of the Pablum Puking left in The USA, a constant drum beat about what is fair and what is not fair. They regurgitate the Pablum that is fed to them by their masters from the Dimwit party.

    The American Economy is not fair because it favors white people! Booo hooo, waaa waaah!

    The Trump tax cut was no fair because 83% of the money went to business and the wealthy! Well who pays the taxes? You can't give a tax cut to people who don't pay taxes.

    Tax the Rich and the Corporations! That's fair right! WRONG! The bottom 50% of income earners pay about 3% of all the taxes collected. The top 10% pays about 60% of all income tax. We do not have a problem of too little tax on anyone. The problems is that the federal govt is out of control and has been for many years. Trump is trying to reign it in, and the Deep State is railing against him.

    Tax the Corporations right! WRONG again. Let me give you ignorant fucks a quick dose of reality: Corporations don't pay taxes. No matter what you raise their rates to, no matter what "Loop Holes" you close. They don't pay taxes. The fact is they collect taxes to be transferred to the Govt. How do they do this? To a Corporation or any business that is run right, taxes are just a business expense. So no matter what you set their rates on income tax at, no matter what you call the tax, the cost of that tax is added in to the price of the business's goods and services. The 2nd way the Business recovers their cost of taxes is to pay their employees less.

    So when the Economically Illiterate Bernie Sanders, Pocahontas Warren, Pete Bootigag types and their Apparatchiks start blowing off about Fairness you can be sure that what they mean is they want more of your money.

    The Trump Tax cuts have spurred Economic Growth and given us a record setting low unemployment level. What is more fair? High taxes on "The Rich" and "Big Business" or a growing economy with rising wages? Is it better to have high taxes on those you hate or a growing economy and a job to go to? We had 10 years from 2006 to 2016 of stagnation, no wage growth and as Jimmy Carter put it, "A national Malaise." This was the last 2 years of Bush and the 8 years of Obama.

    Socialism is a failure kiddies! Reject it.
    And unemployment rates, across the board, have been dropping since 2010. But Trumpanzees like you ignore reality and give all of the credit to Trump. Right near the beginning of that 10 years of "stagnation" you mention, we had one of the worst recessions in our history. Obama started out deep in a hole. Trump started out more than halfway up a mountain. And there are already signs that he's started to dig another hole.

    Sent from my SM-G950U using Tapatalk
    RINO is the term for that rare Republican who puts country above party.

    Right wing = lie, lie, and lie some more.


    "When I am president I'm going to be working for you. I'm not going to have time to play golf" Donald J. Trump, world class snake oil salesman and compulsive golfer August 2016

    The definition of "racist" as "anyone who is white" is itself racist.
    Quote Originally Posted by Colin Powell
    It’s now ‘me the president’ instead of ‘we the people’

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    Quote Originally Posted by Gonzomin View Post
    Typical righty, ignorant of math. Taxes for the wealthy have dropped over and over the last 50 years. Top rate went from 90 percent to 35. Yet they pay a majority of the taxes. Let's make it simple for you. That is proof they have all the fucking money. It is indicative of a horrible wealth gap in America. It is not about the poor picked on wealthy having to pay for the government. It shows again, that the wealth gap is huge and most economists see the danger in that.
    Of course, the capitalist ideal is for there to be a few rich lording it over the great mass of poverty-stricken peons. Precisely the conditions that spawned Communism.
    Reminds me of Santayana's statement about history repeating itself.
    Sent from my SM-G950U using Tapatalk
    Last edited by rjhenn; 08-11-2019 at 05:08 PM.
    RINO is the term for that rare Republican who puts country above party.

    Right wing = lie, lie, and lie some more.


    "When I am president I'm going to be working for you. I'm not going to have time to play golf" Donald J. Trump, world class snake oil salesman and compulsive golfer August 2016

    The definition of "racist" as "anyone who is white" is itself racist.
    Quote Originally Posted by Colin Powell
    It’s now ‘me the president’ instead of ‘we the people’

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    Quote Originally Posted by rjhenn View Post
    And unemployment rates, across the board, have been dropping since 2010. But Trumpanzees like you ignore reality and give all of the credit to Trump. Right near the beginning of that 10 years of "stagnation" you mention, we had one of the worst recessions in our history. Obama started out deep in a hole. Trump started out more than halfway up a mountain. And there are already signs that he's started to dig another hole.

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    ^^ Hey look another idiot.

    The thing about the Unemployment rate from 2009 to 2016 is that the rate is calculated by the number of people looking for work. When people drop out of the work force the Unemployment rate drops even if that person didn't get a job and has gone into the underground economy, moved in with family, or just given up or went on disability. The Disability roles exploded under Obama. But the thing to look at is called the Labor Force Participation Rate or LFPR, it reached it's lowest point ever in Sept 2015, almost 7 full years after Obama came into office. That rate being low is not a good thing. It has recovered some in the last 2 1/2 years. But there is still much slack in that important index.

    Furthermore Obamunism did not create any jobs. In a stunning manipulation of numbers Obama and his minions claim that they created 15 million new jobs. But Under the Obama Admin the definition of a new job changed, part time jobs and temporary jobs were counted as "New Jobs." Maybe that's what he meant by Hope and Change. We'll just change the definition of words in some Orwellian Utopia. Here is how it works: Bob gets 3 part time jobs totally 40 hours a week because after 2 years his unemployment compensation has run out. He's no longer counted as "Unemployed." And glory be to Obama 3 new jobs have been created.

    And we know lots of Part time jobs were created because employers limited new workers to 29 hours or less so they didn't have to give the new worker health insurance per the ACA.

    Also if Bob's brother Dave gets a Job at a temp service and works 3 months, then gets 3 more over the next nine months that counts as 4 new jobs!!

    Wow that Obama is brilliant right! All those new jobs! Yeah right.

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    Quote Originally Posted by rjhenn View Post
    Of course, the capitalist ideal is for there to be a few rich lording it over the great mass of poverty-stricken peons. Precisely the conditions that spawned Communism.

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    American's will be surprised how much they like Socialism when it
    takes over from Corporate Capitalism

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    Quote Originally Posted by Buck Tucker View Post
    This is exactly what I was talking about! Total loyalty to the rhetoric!

    First I have a Masters Degree in Economics. Secondly I have more than 35 years experience in Income Tax and Tax Consulting. I am not "Ignorant" of math as this leftist idiot states.

    It is a fact that the bottom 50% of income earners pay only 3.04% of the total income tax collected. These are people with incomes below $40,078, not only do most of that bottom 50% pay only 3% most of them "get money" from the Earned Income Tax Credit and Child Tax Credits in addition to a refund of all the tax they paid during the year.

    Let us contrast this with the top 10% of income earners who pay 69.47% of all income taxes paid. They get no refundable credits.

    This buffoon who I quoted says that tax rates have fallen from 90% which is true. This is a marginal tax rate or as I like to explain the rate of tax you pay on the next dollar of income. The Current top Marginal tax rate is 37% in 2019 and not 35% as the buffoon statist claimed.

    But in spite of the reduction of Marginal rates over the years by Kennedy, Reagan, Bush 43 and Trump the top of income earners pay a higher percentage of the total tax bill.

    The buffoon also whines about "Wealth Gap" which is utterly irrelevant. The best course of action for the United States of America would be a repeal of the 16 Amendment and the elimination of all income taxes and the IRS!

    https://www.ntu.org/Library/imglib/2...1-34-41-PM.png
    I knew it was exactly 35 but I was well aware that it has been slashed over and over. I did not see any reason to look it up since the point I was making is that the rate has been slashed over and over and is at a low rate.
    The wealth gap is at a horrible level
    up the Gilded Age. https://www.marketwatch.com/story/it...lth-2019-02-11
    You are the buffoon.
    Eliminating the income tax? My economics classes launched at that immature and ridiculous concept.

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