brownsfan Posted January 8, 2019 Report Share Posted January 8, 2019 The highest marginal tax rate being floated around by a certain DEM is repulsive to me. I don't think income should be taxed at all. I started to think about who would actually have to pay it (applies on income...not capital gains...of over $10 mil). The two groups I could think of are athletes and Hollywood. Sign me up. The comedy of watching my alleged moral superiors paying upwards of 80% tax (state tax included) would be 100% worth it for me in entertainment value alone. LBJ, Stephen Colbert and friends would change their tune in a NY minute. Quote Link to comment Share on other sites More sharing options...
KingRevolver Posted January 8, 2019 Report Share Posted January 8, 2019 Sounds good to me. Also, one good thing about this shutdown... looks like food stamps will be in trouble soon. Maybe it'll force some of these people who don't need them to go out and get a fuckin' job. Quote Link to comment Share on other sites More sharing options...
Balco Posted January 8, 2019 Report Share Posted January 8, 2019 Also, one good thing about this shutdown... looks like food stamps will be in trouble soon. Maybe it'll force some of these people who don't need them to go out and get a fuckin' job.One of your sharpest post ever pal. Quote Link to comment Share on other sites More sharing options...
Balco Posted January 8, 2019 Report Share Posted January 8, 2019 The highest marginal tax rate being floated around by a certain DEM is repulsive to me. I don't think income should be taxed at all. I started to think about who would actually have to pay it (applies on income...not capital gains...of over $10 mil). The two groups I could think of are athletes and Hollywood. Sign me up. The comedy of watching my alleged moral superiors paying upwards of 80% tax (state tax included) would be 100% worth it for me in entertainment value alone. LBJ, Stephen Colbert and friends would change their tune in a NY minute.AOC is comedy when she opens her pie hole. Her and Bernie should team up for the Socialist party. Quote Link to comment Share on other sites More sharing options...
brownsfan Posted January 8, 2019 Author Report Share Posted January 8, 2019 AOC is comedy when she opens her pie hole. Her and Bernie should team up for the Socialist party.She is a clown. I would love to see her get her way, though. Watching Lebron James take home 10-15mil outta 100mil after taxes and agent commission would be worth it. Quote Link to comment Share on other sites More sharing options...
mike499 Posted January 8, 2019 Report Share Posted January 8, 2019 One of your sharpest post ever pal.Doesn't sound like king account must've been hacked Quote Link to comment Share on other sites More sharing options...
Downsouth Posted January 8, 2019 Report Share Posted January 8, 2019 tax anything over 5 million at 70%. Would be pretty funny.. Quote Link to comment Share on other sites More sharing options...
brownsfan Posted January 8, 2019 Author Report Share Posted January 8, 2019 Sounds good to me. Also, one good thing about this shutdown... looks like food stamps will be in trouble soon. Maybe it'll force some of these people who don't need them to go out and get a fuckin' job.I'm soft when it comes to food stamps. I do not want any kid going hungry because they have garbage parents. Quote Link to comment Share on other sites More sharing options...
mike499 Posted January 8, 2019 Report Share Posted January 8, 2019 I'm soft when it comes to food stamps. I do not want any kid going hungry because they have garbage parents.Agree problem is they probably eat well for a week and the rest of the month they are on their own. Quote Link to comment Share on other sites More sharing options...
Balco Posted January 8, 2019 Report Share Posted January 8, 2019 Quote Link to comment Share on other sites More sharing options...
Balco Posted January 8, 2019 Report Share Posted January 8, 2019 tax anything over 5 million at 70%. Would be pretty funny..The results would devastating! Quote Link to comment Share on other sites More sharing options...
Machiavelli Posted January 8, 2019 Report Share Posted January 8, 2019 f it were someone's entire salary, then 70% is extreme. But once they hit a certain number, it isn't as bad. Now, while not my money, they also make their money in and off of our system, so I do understand it. However, with that said, if it's going to be wasted, then I can understand those being pissed. We need a massive cleanup of government and its expenditures, something of which those who make a lot and would be taxed a lot would prob feel compelled to use their donor influence on if/when they start feeling it more. So it all could work itself out! Quote Link to comment Share on other sites More sharing options...
BranchDavidian Posted January 8, 2019 Report Share Posted January 8, 2019 f it were someone's entire salary, then 70% is extreme. But once they hit a certain number, it isn't as bad. Now, while not my money, they also make their money in and off of our system, so I do understand it. However, with that said, if it's going to be wasted, then I can understand those being pissed. We need a massive cleanup of government and its expenditures, something of which those who make a lot and would be taxed a lot would prob feel compelled to use their donor influence on if/when they start feeling it more. So it all could work itself out! I hate being Debbie Downer here, but it will never work itself out. Governments always GROW. They never get smaller. The people that begin to accumulate power, special interest and politicians, use that power to stay in control and gain more control. That wasteful spending and over-taxing is how they go about keeping and gaining more power. Politicians and special interest working together. They will all say they agree with you and if you vote for them they will do their best to put an end to it all - and once in office immediately begin to line their pockets with special interest money. The honest politicians that get elected cannot fight the system - in congress, the power resides with those that have seniority ( and every politician with seniority has already gotten rich off of special interest ). Quote Link to comment Share on other sites More sharing options...
FairWarning Posted January 8, 2019 Report Share Posted January 8, 2019 BD sadly is correct here. Quote Link to comment Share on other sites More sharing options...
Machiavelli Posted January 8, 2019 Report Share Posted January 8, 2019 Fair n strong points. Plus, if you're in the position making that much money per year, it's definitely a good problem to have. Quote Link to comment Share on other sites More sharing options...
FairWarning Posted January 8, 2019 Report Share Posted January 8, 2019 Maybe that blowhard from Detroit will be a difference-maker, she seems to have opinions about our president. Doubtful. Quote Link to comment Share on other sites More sharing options...
rito Posted January 8, 2019 Report Share Posted January 8, 2019 The top.mariginal.tax rate in the us was over 50% from about 1930 to 1985, you know the years when we had a successful middle class. Quote Link to comment Share on other sites More sharing options...
Always Call Heads Posted January 8, 2019 Report Share Posted January 8, 2019 Tax rates are completely arbitrary. You do not even need to have taxes. The government has the capacity to do whatever it wants whenever it wants. It is who gets rewarded in that process that matters and then how those rewards are distributed. That is what taxes do when you limit the amount a government can spend to ensure wealth. When you need a war or a bank bailout, there is limitless money. If you want health insurance it cannot be afforded even though that amount and more will be spent on other things. Such as the whole college education thing. They say we can't afford that but the cost of upgrading nuclear weapons is actually higher. They say we cannot not afford not to do that. Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted January 8, 2019 Report Share Posted January 8, 2019 The top.mariginal.tax rate in the us was over 50% from about 1930 to 1985, you know the years when we had a successful middle class. Ding ding ding. Correct answer Quote Link to comment Share on other sites More sharing options...
brownsfan Posted January 8, 2019 Author Report Share Posted January 8, 2019 The top.mariginal.tax rate in the us was over 50% from about 1930 to 1985, you know the years when we had a successful middle class.That is incredibly misleading because the effective tax rate was much lower because everything was deductible. Nobody ever paid 50%. Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted January 9, 2019 Report Share Posted January 9, 2019 Tax Reform in general needs to happen. even if they inactes this, hedge fund guys who earn huge amounts would still only pay 15% due to their earning being treated as carried interest. Quote Link to comment Share on other sites More sharing options...
brownsfan Posted January 9, 2019 Author Report Share Posted January 9, 2019 Fairtax.org. Consumption tax with a prebate. No I’m not delusional enough to think it will ever happen. Quote Link to comment Share on other sites More sharing options...
Always Call Heads Posted January 9, 2019 Report Share Posted January 9, 2019 LOL. Hate to tell you this but AOC is the real deal. She is a little naive on some things but she is super sharp on others. These young Dems coming up mean business and they are going to change the country. Quote Link to comment Share on other sites More sharing options...
BranchDavidian Posted January 9, 2019 Report Share Posted January 9, 2019 LOL. Hate to tell you this but AOC is the real deal. She is a little naive on some things but she is super sharp on others. These young Dems coming up mean business and they are going to change the country. Changing to socialism is NOT an improvement, however. Quote Link to comment Share on other sites More sharing options...
FairWarning Posted January 9, 2019 Report Share Posted January 9, 2019 Changing to socialism is NOT an improvement, however.I bet the peopleWho come over here to better their life don’t want socialism. They can get that in the motherland. Quote Link to comment Share on other sites More sharing options...
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