1%ers want to be taxed more. Good Idea?

Jack said:
I believe it's a Policy position. An Idea they support. Similar to a Group of Welfare Recipients that suggest we end Welfare.
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Lol, you go with that one.

Bottom line is, if they feel they aren't contributing enough to the treasury, they are free to send more.
 
Gonzomin said:
The wealthy are pushing for more taxes because they recognize the wealth gap is horrible and threatens the American experiment. It is not benign. Every tax program throws more and more money to the top 1 percent. However, we have royalty at the very top. We are creating a plutocracy that Tedy Roosevelt warned us about in 1900. He said swollen fortunes passed on over time are different in kind from a guy who made a fortune off a great idea or a business. They start picking politicians, get laws and regulations for their benefit and will make the country work for them. Does anyone think that is not happening?
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The Fed is arguably the largest driver of our inequality. What should we do about them?
 
Jack said:
I think they view America becoming a 'Third World' type Country. Where the Top 1% have the Wealth and run everything for themselves, and the other 99% are the Peasants, fighting over the crumbs.

(Hmmmmm ... I wonder where Earl would fit in there?)
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Spoken like a true Bolshevik
 
Truth Detector said:
I had to LAUGH my ass off at these morons. So tell me; what is preventing them from sending more of their wealth to the Federal Coffers?

The dumbest thing about these filthy rich leftist clowns is their misplaced belief that the Federal Government can "educate" and create "opportunity" for those they think they are helping without pissing away about 4/5s of the money that gets there.

These fools are admitted economics idiots. They also lack a basic education on political history. We don't have a REVENUE problem in this country. We have a GOVERNMENT spending problem.

We don't need MORE wards of the massive Government State. We need LESS of them and MORE businesses that need more workers. We need reform in our educational institutions that currently graduate indoctrinated low IQ idiots.
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Yes. Thank you for your deep insight. I will send your recommendations along to them.
 
countryboy said:
Lol, you go with that one.

Bottom line is, if they feel they aren't contributing enough to the treasury, they are free to send more.
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Would you support a small Tax on 'Trading'? Let's say the typical Brokerage Fee of $4.95, was 'taxed' and it became $5.00 for a Trade. Would YOU be against THAT?
(Probably wouldn't effect YOU much as a Trader, but WOULD effect the 'Machine Trading' that occurs hundreds of times a second)
 
Hello Jack,

Jack said:
New 'Patriotic Millionaires' group says: Please, tax me more"
https://www.nbcnews.com/politics/20...onaires-group-says-please-tax-me-more-n994371

"Stewart is one of the Patriotic Millionaires, a group of about 200 wealthy individuals — worth billions combined — who say they should be taxed more, and as soon as possible."
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They are right, of course. The deficit is a trillion.

Shame on Trump, who said he could pay off the debt completely. News flash, Mr Trump. That requires revenue exceeding expenditures, a surplus, not a deficit. running the deficit up to a trillion adds a trillion to the debt every year. Hello. You're going the wrong way!

And at an alarming rate...
 
I think the first thing to do and the easiest is to raise the long term capital gains tax to the same level as ordinary income. The 1% gain far more income from that source than from w2 type work.

End the biggest tax giveaway to the wealthy in the history of our nation, coincidentally put in place by Clinton.
 
Jack said:
Would you support a small Tax on 'Trading'? Let's say the typical Brokerage Fee of $4.95, was 'taxed' and it became $5.00 for a Trade. Would YOU be against THAT?
(Probably wouldn't effect YOU much as a Trader, but WOULD effect the 'Machine Trading' that occurs hundreds of times a second)
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No, I would not support that. Democrats are playing Death By A Thousand Cuts. I don't support any new taxes until the federal government demonstrates they can be responsible with them. Read my lips no new taxes.
 
LV426 said:
No, it's not the point.

The point is that you cut taxes, made lofty promises, saw none of those promises fulfilled, so now you can take your policy and fuck right off.
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What promises?

You mean like the lying socialist pig, Hussein O., promising you can keep your doctor, keep your insurance, and your rates will be lowered. All LIES! Fuck u and your socialist authoritarian pig comrades and their lies. Unemployment is at record lows, you big government, immoral nazi pig.
 
countryboy said:
No, I would not support that. Democrats are playing Death By A Thousand Cuts. I don't support any new taxes until the federal government demonstrates they can be responsible with them. Read my lips no new taxes.
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I think that is a proposal. A .05% tax on Wall Street Trading. You can see how that wouldn't affect the Working Stiffs out there, but bring in more Revenue from Wall Street Traders.
I think a VAT (Value Added Tax) is also a proposal from 'The Asian guy that likes Math'. (Yang)
(somebody needs to figure out how to pay off the Debt, decreasing Taxes DOESN'T seem to work)
 
Superfreak said:
I think the first thing to do and the easiest is to raise the long term capital gains tax to the same level as ordinary income. The 1% gain far more income from that source than from w2 type work.

End the biggest tax giveaway to the wealthy in the history of our nation, coincidentally put in place by Clinton.
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Another proposal that doesn't hurt the Working Stiffs.
 
Jack said:
I think that is a proposal. A .05% tax on Wall Street Trading. You can see how that wouldn't affect the Working Stiffs out there, but bring in more Revenue from Wall Street Traders.
I think a VAT (Value Added Tax) is also a proposal from 'The Asian guy that likes Math'. (Yang)
(somebody needs to figure out how to pay off the Debt, decreasing Taxes DOESN'T seem to work)
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That is such bullshit. How many "working stiffs" have substantial retirement accounts? Who do you think is going to absorb this new tax? Brokerage companies?
 
Jack said:
I think that is a proposal. A .05% tax on Wall Street Trading. You can see how that wouldn't affect the Working Stiffs out there, but bring in more Revenue from Wall Street Traders.
I think a VAT (Value Added Tax) is also a proposal from 'The Asian guy that likes Math'. (Yang)
(somebody needs to figure out how to pay off the Debt, decreasing Taxes DOESN'T seem to work)
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I disagree with that to an extent... I say definitely do it on all computer trading systems. those are not for individuals, but are designed for the profit of the big banks. Fuck them. But not for trades involving individual accounts.
 
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