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Topic: OT-Politics Thread: please TRY to keep it civil, you damned dirty apes

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FearlessF

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #7770 on: August 19, 2021, 04:53:55 PM »
Quote from: OrangeAfroMan on August 19, 2021, 04:21:35 PM
There, fixed it for ya.
the vast majority of us know it's necessary
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"Courage; Generosity; Fairness; Honor; In these are the true awards of manly sport."

CWSooner

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #7771 on: August 19, 2021, 05:18:42 PM »
Quote from: OrangeAfroMan on August 19, 2021, 04:20:55 PM
How about the same as us or a little more?  Let's start there.  It's not hard.
Actually, it is hard.  If it were easy, it would already be done.
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longhorn320

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #7772 on: August 19, 2021, 05:35:11 PM »
Quote from: CWSooner on August 19, 2021, 05:18:42 PM
Actually, it is hard.  If it were easy, it would already be done.
Just how high is fair

again the top 10% of income earners pay over 70% of the income taxes



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MrNubbz

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #7773 on: August 19, 2021, 05:39:45 PM »
Quote from: FearlessF on August 19, 2021, 11:04:24 AM
the world's billionaires could do much more good for humanity in my opinion

but, I certainly haven't walked a mile in their moccasins  sat in their Cessna
FIFY
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OrangeAfroMan

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #7774 on: August 19, 2021, 06:43:47 PM »
Quote from: CWSooner on August 19, 2021, 05:18:42 PM
Actually, it is hard.  If it were easy, it would already be done.
This is so naive, it's adorable.
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OrangeAfroMan

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #7775 on: August 19, 2021, 06:46:32 PM »
Quote from: longhorn320 on August 19, 2021, 05:35:11 PM
Just how high is fair

again the top 10% of income earners pay over 70% of the income taxes

You keep using that stat.  Do you know if it actually tells us anything?  Do the top 10% make 70% of the income?  What if we....you know, strayed away from this 'home base' stat you keep sharing and have an actual conversation.


As in:  hey longhorn, do you think it's cool that several multi-billionaires pay under 1% in income tax?  Might we increase their tax rate to maybe your rate or mine?  Or do you need to check with Mitch McConnell first, to find out your answer?
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“The Swamp is where Gators live.  We feel comfortable there, but we hope our opponents feel tentative. A swamp is hot and sticky and can be dangerous." - Steve Spurrier

Brutus Buckeye

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #7776 on: August 19, 2021, 06:48:04 PM »
Fro was all like

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longhorn320

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #7777 on: August 19, 2021, 07:03:36 PM »
Quote from: OrangeAfroMan on August 19, 2021, 06:46:32 PM
You keep using that stat.  Do you know if it actually tells us anything?  Do the top 10% make 70% of the income?  What if we....you know, strayed away from this 'home base' stat you keep sharing and have an actual conversation.


As in:  hey longhorn, do you think it's cool that several multi-billionaires pay under 1% in income tax?  Might we increase their tax rate to maybe your rate or mine?  Or do you need to check with Mitch McConnell first, to find out your answer?
If the top 10% are paying in 70% of the tax revenue I dont have a problem with selected taxpayers paying only 1% of their income in tax as long as they followed the law

Now Mr smarty what is your suggestion to get these extra taxes you say exist

do you want to change the tx laws do you want a general tax on wealth

do you want to change to a flat tax system

just what are you suggesting we do
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Brutus Buckeye

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #7778 on: August 19, 2021, 07:06:36 PM »


A Utah chemistry teacher that is basically the female version of Fro got her self fired on the first day of school. 


https://www.youtube.com/watch?v=AuRP37eAedE
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longhorn320

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #7779 on: August 19, 2021, 07:15:33 PM »
Thats amazing

damn scary
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Cincydawg

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #7780 on: August 19, 2021, 09:04:56 PM »
Quote from: OrangeAfroMan on August 19, 2021, 06:46:32 PM
As in:  hey longhorn, do you think it's cool that several multi-billionaires pay under 1% in income tax?  Might we increase their tax rate to maybe your rate or mine?  Or do you need to check with Mitch McConnell first, to find out your answer?
I'd need to see an example of how a billionaire pays under 1% on INCOME tax.  And increasing their tax rate would obviously not change how they manage the tax system, this is a fairly common misconception.  The marginal top income tax rates obviously is well over "under 1%", that simply is not the issue, at all.

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longhorn320

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #7781 on: August 19, 2021, 09:18:26 PM »
Quote from: Cincydawg on August 19, 2021, 09:04:56 PM
I'd need to see an example of how a billionaire pays under 1% on INCOME tax.  And increasing their tax rate would obviously not change how they manage the tax system, this is a fairly common misconception.  The marginal top income tax rates obviously is well over "under 1%", that simply is not the issue, at all.


often their investments generate losses which the tax law allows to be carried forward to offset future earnings

its a little unfair for a media outlet to take one year out of context and contend the taxpayer pays no taxes on income
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Cincydawg

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #7782 on: August 19, 2021, 09:28:31 PM »
My point is how they manage income so as to avoid INCOME taxes.

They don't need to have taxable income, if their managers so choose.  A billionaire has zero need to any taxable income.  So, he doesn't pay income tax.

And yes, in a given year he might choose to 'cash out' and pays a lot in income tax, but he doesn't need to.
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FearlessF

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #7783 on: August 19, 2021, 09:59:41 PM »
Quote from: MrNubbz on August 19, 2021, 05:39:45 PM
FIFY
Dude, it's with a "B".  they wouldn't be caught dead in a Cessna 
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"Courage; Generosity; Fairness; Honor; In these are the true awards of manly sport."
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