Time to increase the taxes of the top 10%

floridafan said:
It absolutely does, everyone must pay their fair share of taxes, even the wealthy who you favor.
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I favor me. It's NEVER been the case that how much i pay in taxes is effected by how much the "rich" pay. You have to be a dimwitted twat to think so. No one has ever given me a tax cut when they raised tax rates in the "rich". Are you ready to tell the 50% of freeloading Americans who pay no federal taxes whatsoever that they need to start paying their fair share???? I bet not.
 
goat said:
I know what our criminal government is doing. They are squeezing all the money from the bottom and funneling it to the top. Why would they tax the top?
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The Dems are trying to do that over the vociferous refusal of the Repubs. Biden is taxing the corporations and wealthy at min, of 15 percent.
 
floridafan said:
Of course we know that the rich pay, a small percentage of the taxes they actually owe. Let's take trump as one example, his taxes were not audited because they were too complex for the IRS to understand. That applies to most of the very wealthy, its much easier to take your short return and determine that you still owe them $75.00.
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How do you know how much they actually owe?

The upper income still pay the largest percentage of total federal income taxes and they pay the highest percentage of their income in taxes than lower income groups.
 
Yakuda said:
I favor me. It's NEVER been the case that how much i pay in taxes is effected by how much the "rich" pay. You have to be a dimwitted twat to think so. No one has ever given me a tax cut when they raised tax rates in the "rich". Are you ready to tell the 50% of freeloading Americans who pay no federal taxes whatsoever that they need to start paying their fair share???? I bet not.
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The undisputed fact that the wealthy do not pay their fare share of taxes, may not affect you directly, but it does affect our massive national debt, which grows because of them.
 
evince said:
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
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So you are against Tax transparency.

Manufacturers are always trying to reduce Costs so they can lower prices and grab market share from their competitors. They even have their stuff made overseas because it's less costly. You should know this.
 
floridafan said:
The undisputed fact that the wealthy do not pay their fare share of taxes, may not affect you directly, but it does affect our massive national debt, which grows because of them.
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IIRC, the top 10% pay about 90% of the taxes.
 
Bigdog said:
IIRC, the top 10% pay about 90% of the taxes.
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And that’s because they have such a great percentage of the counties wealth idiot



They need to pay more



Corporations in America did great when their taxes were 53% of their profits
 
Bigdog said:
So you are against Tax transparency.

Manufacturers are always trying to reduce Costs so they can lower prices and grab market share from their competitors. They even have their stuff made overseas because it's less costly. You should know this.
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Ahahahahahahahahah


No they don’t


If they save on production that goes to profits fool
 
Bigdog said:
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.
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Tariffs just raise prices on foreign goods by taxing American importers. Trump's tariffs were a flop. Manufacturers just moved to places like Vietnam that didn't owe tariffs. Retaliation resulted in losses to American businesses like farmers which the government paid $42 billion for their losses. It did not result in businesses moving to the U. S.
 
Bigdog said:
IIRC, the top 10% pay about 90% of the taxes.
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Tax rates for the wealthy have dropped steadily since Reagan. All that tells you is how bad the wealth gap is. They pay a tinier and tinier tax rate, yet it is s large portion of the taxes collected. You missed the message entirely. Of course, many, like Trump pay almost no taxes. Our tax system rewards the wealthy, it does not overcharge them,
 
Flash said:
Tariffs just raise prices on foreign goods by taxing American importers. Trump's tariffs were a flop. Manufacturers just moved to places like Vietnam that didn't owe tariffs. Retaliation resulted in losses to American businesses like farmers which the government paid $42 billion for their losses. It did not result in businesses moving to the U. S.
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"Trump imposed the trade fees in 2018 to shrink the mammoth U.S. trade deficit with China and to compel the Chinese to abandon several unfair trade practices, including coercing American companies into sharing their technology secrets.May 20, 2022

Biden hasn't killed Trump's China tariffs to make imports ...https://www.washingtonpost.com › us-policy › 2022/05/20

The farm subsidies were easily covered by the tariff revenue.



"10 iconic US companies that have left America - CNBChttps://www.cnbc.com › 2016/04/21 › 10-iconic-us-co...
Apr 21, 2016 — The 'Made in America' exodus · Burger King · Budweiser · Medtronic · Purina · McDermott · Seagate Technology · Good Humor."
 
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So long as the free flow of capital continues (who can say what the new world order will look like after this one dies) we cant substantially rise taxes on the rich, they will simply side step them by renouncing American citizenship...as so many people do now.
 
Nordberg said:
Tax rates for the wealthy have dropped steadily since Reagan. All that tells you is how bad the wealth gap is. They pay a tinier and tinier tax rate, yet it is s large portion of the taxes collected. You missed the message entirely. Of course, many, like Trump pay almost no taxes. Our tax system rewards the wealthy, it does not overcharge them,
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$7500 subsidies for white lib Teslas.

The wealth gap is worst in white lib Cali..



"Notable names that paid less than a 2% tax rate based on their wealth growth include: Warren Buffett (0.1%), Jeff Bezos (1.1%), Mark Zuckerberg (1.1%), Charles and David Koch (1.3% and 1.4%, respectively), and Michael Bloomberg (1.8% ). Elon Musk paid a mere 2.1% tax rate.May 19, 2022"
 
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evince said:
Ahahahahahahahahah


No they don’t


If they save on production that goes to profits fool
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You made that up.

If an iphone were made in the U.S., it would probably retail for twice the price. Enjoy your savings due to China's lax environmental and labor laws.

Inflation is a regressive tax on the poor.

The white lib war on cheap energy hurts the poor the most.
 
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