One of the troll socks that joined in masse has something bloviated and obnoxious to say. Anyone debating this guy is wasting time and feeding him. Troll fail. Buck Tucker? No, Fuck Tucker.
One of the troll socks that joined in masse has something bloviated and obnoxious to say. Anyone debating this guy is wasting time and feeding him. Troll fail. Buck Tucker? No, Fuck Tucker.
Launched?
37% is not a low income tax! It is confiscatory and the collection techniques of the IRS are nearly totalitarian. Get on the wrong side of them for anything and you could be looking a life time of their Tyranny. Better yet get on the wrong side of some democrat wanna bee dictator type like FDR or Barry Obama and watch them use the IRS as a weapon against you. Take the case of Jerry Nadler and Elijah Cummings. They are attempting to force the Dept of the Treasury and the IRS to give them a copy of President Trump's taxes for the last 10 years. For what reason other than to further their political vendetta.
It has been proved repeatedly that lowering Marginal Tax rates increases economic growth and actually increases total revenues to the Treasury. 2019 Tax receipts to the Federal Govt are at record levels. This is because of the Trump tax cut.
The first time this was done, JFK cut taxes reducing the top marginal rate to 70% from 90% a rate that nearly no one paid. Tax receipts grew rapidly. When Reagan cut taxes across the board by 25% over 3 years tax revenues more than doubled by the end of his term.
But you are focused on the percentage right? It matters more to you that the tax rate be used to punish those who you don't like or who you decide have "too much" rather than funding the Govt.
Fact is that the US Govt got along just fine until the 16th Amendment was passed. It was ratified February 3, 1913. More than 100 years without an "income tax." There is no need for an income tax. It is being used today to manipulate society more than it is used to fund the Govt. The fact is that the Progressive Income tax is the most destructive device ever invented by a Govt. It hampers economic growth and causes social division. People can be called "Tax Cheats" for making a mistake and paying the wrong amount. It creates an underground economy that is free of taxation. Hookers, drug dealers, the self employed in cash business. Anyone who can get paid in cash can avoid paying income taxes.
It also allows for an over funding of the Govt. Allowing it to grow out of control. With the never ending lust for more and more money and power this Tax Code can be used to "buy votes." Where do you think the Earned Income Tax Credit came from?
The most destructive part of it is that it creates people like you who want to use it as a weapon against political enemies. Your type talks about Fairness but what you really want is power, your greed is disgusting.
How odd. Yopu foolishly insult me yet your stats are exactly what I argued. The wealthy are paying the bulk of taxes because that have a way over the top proportion of the wealth and Trump's tax cut gave them more. You argued against your poorly thought out premise. The wealthy are not getting torched by the tax system,but gaining huge rewards. https://www.thestreet.com/politics/i...erica-14927750
Guno צְבִי (08-13-2019)
“If we have to have a choice between being dead and pitied, and being alive with a bad image, we’d rather be alive and have the bad image.”
— Golda Meir
Zionism is the movement for the self-determination and statehood for the Jewish people in their ancestral homeland, the land of Israel.
“If Hamas put down their weapons, there would be no more violence. If the Jews put down their weapons, there would be no Israel."
ברוך השם
None of this is true! Trumps tax cuts took away the state and local tax deductions for many wealthy. The corp tax cuts are resulting in more and more jobs. We finally have a growing economy and wages are going for the first time in 10-12 years. After the stagnation of Obama we now have a growing economy and you morons want to undo it.
We know that you idiots want degrowth it's a fact that you want to turn the USA into a 3rd world country like some shit hole in Africa or Central America.
Bookmarks