Time to increase the taxes of the top 10%

[Bigdog]

And then the poor pay a much higher percentage of taxes than the wealthy do. that was easy to figure.

Why? ... it would be modeled after the States' sales and use taxes. Necessities like food are not taxed, ... and the "poor" are supported by our massive welfare State.

 

[floridafan]

Why? ... it would be modeled after the States' sales and use taxes. Necessities like food are not taxed, ... and the "poor" are supported by our massive welfare State.

I know, my dear, how much you would like to see the poor without any kind of assistance. Let them survive on their own or just perish.

 

[volsrock]

You have heard all these right wing clowns saying that to pay off the debt you would have to take away all the wealth of the 1% , to the exaggerated extent of all the wealth of everyone, to pay off the debt. Clown talk. Here is the fact, increase the taxes of just the top 10% by 10% you would get 963 billion increase a year. And that amount would increase at an average rate of about 4% a year, that is the historic trend.(2021 numbers). You take out Trump's disastrous 2020 increase in the debt and that amount would pay our annual debt increase a year, and with the historic increase in tax revenue. That increase will pay down the existing debt. In 25 years, that tax revenue would double to two trillion a year. One trillion over the average debt increase for the last 11 years.

The bottom 50% pay nothing... How about they pay their fair share

 

[archives]

And then the poor pay a much higher percentage of taxes than the wealthy do. that was easy to figure.

Also wouldn’t come close to funding the Government, plus how does one measure consumption, are inelastic items as food, health care, electricity, prescription medicine taxable? What about services?

Not as easy nor applicable as it sounds

 

[Bigdog]

I know, my dear, how much you would like to see the poor without any kind of assistance. Let them survive on their own or just perish.

Have you donated ALL your "extra" money to the poor, Mother Teresa? ... your compassion doesn't go beyond self aggrandizement.

Do you volunteer all your time by going to 3rd world countries to help the truly poor?

 

[Bigdog]

Also wouldn’t come close to funding the Government, plus how does one measure consumption, are inelastic items as food, health care, electricity, prescription medicine taxable? What about services?

Not as easy nor applicable as it sounds

Just look at the 50 States' Sales tax for a road map.

Consumption is measured by purchases.

Make it high enough. And There's not enough to fund the gov't already. Doesn't stop them from spending.

 

[archives]

The bottom 50% pay nothing... How about they pay their fair share

And as we’ve seen with your Messiah, many on the top don’t pay anything also, unless you think Donnie was just an exception, but we know there are many more “smart” people like him out there

 

[floridafan]

Have you donated ALL your "extra" money to the poor, Mother Teresa? ... your compassion doesn't go beyond self aggrandizement.

Do you volunteer all your time by going to 3rd world countries to help the truly poor?

With your kind, sweetie, its always someone else's fault.

 

[archives]

Just look at the 50 States' Sales tax for a road map.

Consumption is measured by purchases.

There's not enough to fund the gov't already. Doesn't stop them from spending.

No State funds itself off of Sales Tax alone, and no State has a defense budget or entitlements to pay

 

[Flash]

Let's add in the fact that no one will ever call the American's debt. WE own 80% of it.

We own it but we have to pay the interest on the bonds and the principal when it matures. That debt pays for Social Security and all the expenses of people who have invested in those bonds. Retired Americans who have their savings in pensions and other investments accounts will depend on the income from those accounts. $7.5 trillion of our debt is owned by foreign countries.

 

[Bigdog]

With your kind, sweetie, its always someone else's fault.

You don't even hold yourself responsible for your own actions.

So what happens when we abolish personal responsibility as a moral pillar of society?

 

[Bigdog]

No State funds itself off of Sales Tax alone, and no State has a defense budget or entitlements to pay

Just make the sales taxes higher. Currently we are taxing the wrong side of the equation. We should be taxing sales and services, ... not Working.

And the Fed has tariff powers. Tariffs funded much of our early govt.

 

[evince]

The US empire makes more money selling drugs and weapons than from taxes. We sent $110 billion to Ukraine in the last 10 months while our infrastructure crumbles.

Which is why it needs raising idiot

 

[evince]

Just make the sales taxes higher. Currently we are taxing the wrong side of the equation. We should be taxing sales and services, ... not Working.

And the Fed has tariff powers. Tariffs funded much of our early govt.

We should tax the entities that make the profits


How stupid can you be?

 

[evince]

You don't even hold yourself responsible for your own actions.

So what happens when we abolish personal responsibility as a moral pillar of society?

That’s what you assholes do when you deregulate everything and cut corporate profits dip shit

 

[Bigdog]

We should tax the entities that make the profits


How stupid can you be?

That is a hidden cost passed on by the entities. The consumer, unknowingly, pays that tax. And they don't even know how much tax they are actually paying.

 

[evince]

Profits are part of the cost for things



When you tax corporations at the fed level you can disincentivize them from price gouging


If the try to gouge


We increase taxes on their profits


It disincentivizes them from price gouging



We can tax them so they make a reasonable profit


They will still work to make that profit


They won’t just end their corporation huh


And even if they did some other person interested in the profit they can gleen will replace their ass


Time to stop believing corporate lies that they just can’t make enough profit if they are properly taxed


It’s a fucking gougers lie

 

[Bigdog]

That’s what you assholes do when you deregulate everything and cut corporate profits dip shit

You do realize that we have to compete with other countries to get big money investors, right? ... would you rather have the rich avoid the taxes by putting their money in other countries?

Sooo, ... got any specifics?

 

[evince]

That is a hidden cost passed on by the entities. The consumer, unknowingly, pays that tax. And they don't even know how much tax they are actually paying.

Big fucking deal


They get the money back in tax revenues invested into schools, roads, bridges and all other needed services and infrastructure


Spending is voluntary remember


They won’t raise prices to gouge more profits if it just goes to taxes and not their pockets you dumb fuck

 

[evince]

You do realize that we have to compete with other countries to get big money investors, right? ... would you rather have the rich avoid the taxes by putting their money in other countries?

Sooo, ... got any specifics?

Then they can get the fuck out of this nation


We will be supplied by someone who makes money filling the need gap


That is the beauty of capitalism remember



The power of a better idea


You know how California now has a northern Cali flooding problem due to GW



guess what is now going to happen?


Us SMART people in Cali will build the infrastructure to capture that excess water


Then we will travel it to wherever we need water


Your fucking mess results of lying about GW is going to be turned into a plus by us smart people


We take in a problem and solve it with brains and science while you take it up the ass by corps and ask for more