I don't think you quite understand how taxes work.
Tax the poor
- Thread starter Stone
- Start date
I don't think you quite understand how taxes work.
So, you are saying that the poor should pay about 30% in income taxes.
Even if they have to support children and/or live under the poverty line?
Sorry man, I strongly disagree with that.
You are punishing, poor children and seniors on fixed incomes (including veterans) for little in return.
https://policyadvice.net/insurance/insights/homeless-veterans-statistics/
And what about the mega-wealthy?
Many of whom pay NO income/capital gains taxes.
https://marketrealist.com/p/billionaires-not-paying-taxes/
Yakuda
Verified User
Prove it
Did you EVER learn anything about economics? Don't answer, it's rhetorical. Lower income people spend ALL of their disposable income. The rich, of course, do not. So your idiotic suggestion would essentially cause a slash in consumer spending and result in one of the worst recessions in the history of the country. Aside from the casual cruelty, which of course was the whole intent of this post, it is also idiotic beyond belief.
Thanks for sharing your brilliance.
Yakuda
Verified User
Comparing capital gains to income tax is the usual leftist drivel. Capital gains is not the same as income tax. Same old stupid leftist bull....
Yes it is an income tax. All of my income with the exception of Social Security is dividends. I'm pretty goddamn sure that's income. You don't pay capital gains on something that wasn't income to you. By the way, I pay way less as a percentage than some poor working schmuck like you.
Yakuda
Verified User
Capital gains tax is paid on the income earned the sale of assets like stocks and property. Do the "poor" sell lots of stock and property you dumbass donkey fucking retard?
Theywillneverlearn!
Verified User
STFU welfare boy. If that were even remotely true (snicker) why are you not writing extra checks to the government to help the poor? Fucking dunce.
No, they don't you. What's your point? You said capital gains tax is not like income tax, but it is exactly that, a tax on income. Capital gains are paid on dividends. You didn't know that? Wow, you really are fucking stupid
Why would I write a check to the government? I send money to charities. Another guy who doesn't have a pot to piss in telling me about my money.
LOL at you.
Right, tax those that already don’t have any money, didn’t you stop to think that maybe that is why they are called poor, duh
Yakuda
Verified User
Its not asshole. The rate is lower because the money to buy the assets was previously taxed. Income tax is strictky money earned from employment interests and dividends earned from stock holdings. Once the stock is sold that's a capital gain not income you ducking moron. Go peddle your idiocy to your leftist retard friends. You sound like a fucking idiot
Theywillneverlearn!
Verified User
You are so full of shit welfare boy. HOLY FUCK.
Theywillneverlearn!
Verified User
Can you or anyone name just ONE time Concart was right about anything? I keep asking it directly. It runs like the little welfare collecting faggot it is.
Wow, you know absolutely nothing. It's amazing. If you sell a stock you pay capital gains on the GAIN, if there is any, from when you bought it. DIVIDENDS ARE TAXED AS CAPITAL GAINS. Fuck, you are a brainless twit.
Yakuda
Verified User
Do you know who pays taxes in your supposed socialist paradises like Norway and Sweden and all? Every-fucking-body asshole AND they pay a VAT on EVERY fucking purchase.
Oh, are you still here? You may go now. I am right about everything I typed in this thread. You are just too fucking stupid to know it. Not my fault.
Yakuda
Verified User
No asshole dividends are income you donkey dick sucking moron. You eat your own shit don't you?
Yakuda
Verified User
You're a donkey dick sucking moron. That's a fucking fact!