Trump Tax Cuts For The Rich & Corporations 2.0

[Chadrone]

Here we go again:

Oh noes!! Leftist are going to have to start paying for thier own shit and running people with money out of their states if they want to do lefty stupid.

Sucks for the low value crowd who can't get paid without a congress critter robbing someone else for them.

 

[Chadrone]

Right.

It’s very rough on elderly too, especially elderly couples who rent homes.

A lifetime of finacial irrisponsibility comes with consiquences......why should anyone but that irrisponsible couple be held accountable for their bad choices?

 

[BabyBoomer50s]

In 1960 the top tax rate was 91%.

http://www.irs.gov/pub/irs-soi/02inpetr.pdf

The statutory rate isn’t the same thing as the rate people actually pay after exemptions, deductions, credits and other provisions and loopholes.

 

[BabyBoomer50s]

The overall tax system is mildly progressive.

BabyBoomer50s, you pull your factual assertions out of thin air. You believe what you want to believe. If an assertion justifies more tax cuts for the rich you think it must be true.


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All the facts I shared are verifiable. Mostly sourced from the Tax Foundation and the CBO using Treasury Department data.

 

[JohnEngelman]

The statutory rate isn’t the same thing as the rate people actually pay after exemptions, deductions, credits and other provisions and loopholes.

The rich still paid a higher percentage of their incomes, while earning less. A high top tax rate gives the government considerable control over the economic behavior of rich people

 

[JohnEngelman]

All the facts I shared are verifiable. Mostly sourced from the Tax Foundation and the CBO using Treasury Department data.

Verify them then.

 

[AlexBailey]

A lifetime of finacial irrisponsibility comes with consiquences......why should anyone but that irrisponsible couple be held accountable for their bad choices?

So what do you want to do with the losers?

No one wants to see them on the streets. Police end up arresting them and then what? Where do they go?

Work camps cost money to run. Is it wrong to make social investments that will save money and reduce many future problems?

 

[Aglaopheme]

The overall tax system is mildly progressive.

BabyBoomer50s, you pull your factual assertions out of thin air. You believe what you want to believe. If an assertion justifies more tax cuts for the rich you think it must be true.


View attachment 2580574

It would have been quicker for him to just admit he is all for corporate welfare, but not welfare for the people that need it because they are not getting paid enough by greedy corporations.

 

[BabyBoomer50s]

It would have been quicker for him to just admit he is all for corporate welfare, but not welfare for the people that need it because they are not getting paid enough by greedy corporations.

The tax data I presented is easy to find. You might not like it, but the fact remains the rich pay most of the taxes in the US. The bottom 50% of earners only paid 3% of total federal income taxes in 2022 (most recent year of data availability.)

 

[Aglaopheme]

Oh noes!! Leftist are going to have to start paying for thier own shit and running people with money out of their states if they want to do lefty stupid.

Sucks for the low value crowd who can't get paid without a congress critter robbing someone else for them.

Interesting take. Which states get the most welfare?

 

[Aglaopheme]

The tax data I presented is easy to find. You might not like it, but the fact remains the rich pay most of the taxes in the US. The bottom 50% of earners only paid 3% of total federal income taxes in 2022 (most recent year of data availabilit

The tax data I presented is easy to find. You might not like it, but the fact remains the rich pay most of the taxes in the US. The bottom 50% of earners only paid 3% of total federal income taxes in 2022 (most recent year of data availability.)

Doesn’t change what I said, love.

 

[MajorRewrite]

I don’t understand what you people are arguing about. Trump cut taxes for the rich and corporations. That’s just a fact. He’s proud of it.

 

[BabyBoomer50s]

I don’t understand what you people are arguing about. Trump cut taxes for the rich and corporations. That’s just a fact. He’s proud of it.

Nobody is arguing the fact that Trump cut taxes for those that pay them. The more taxes you pay, the more you’ll save.

 

[Lazaran]

Is the percentage of total income tax revenues collected by the US Treasury that is paid by the ultra rich higher or lower than it was in 1960?

1) total wealth of uber wealthy way, way higher
2) total income of uber wealthy way, way higher
3) Percentage of total income tax by uber wealthy (I think) about the same
4) Deficit, of course, exploded.

Is the share of wealth owned by the ultra rich higher or lower than it was in 1960?

The pie is bigger, the rich are richer, and the tax code is more progressive today than it was in 1960.

The top 1% earn about 22% of all income and pay about 40% of the tax revenues today. In 1960, the top 1% earned about 9% of all income and contributed about 13% of all tax revenues.

Follow that exchange and you will see just how much of a cowardly, gaslighting POS BabyBoobs (a MAGAt) really is.



I do NOT understand why decent, intelligent individuals continue to suffer BabyBoobs’ obvious gaslighting / trolling.



Sometimes it’s easier and better to just call a POS a POS.



BabyBoobs



We. Told. Them. So.

 

[JohnEngelman]

The tax data I presented is easy to find. You might not like it, but the fact remains the rich pay most of the taxes in the US. The bottom 50% of earners only paid 3% of total federal income taxes in 2022 (most recent year of data availability.)

That is only true for income taxes. What follows is true for all taxes:

 

[BabyBoomer50s]

That is only true for income taxes. What follows is true for all taxes:

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Sure. Sales taxes, gas taxes, sin taxes, and property taxes are regressive.

 

[Chadrone]

So what do you want to do with the losers?

Exact same thing we should do with the corporate losers, let them lose.

No one wants to see them on the streets. Police end up arresting them and then what? Where do they go?

IDK...the Congo??

Work camps cost money to run.

But not nearly as much as paying for millions and millions of folks hedonistic finacial irrisponsibility.

Is it wrong to make social investments that will save money and reduce many future problems?

Not they actually do that, they have a tendency to make that problem an industry when the government starts throwing money at it.

 

[Chadrone]

Interesting take. Which states get the most welfare?

Doesn't matter, which side is insisting on the welfare, which side is trying to shut it down??

That tells you all you need to know about where each side is getting their money from.

 

[Lazaran]

Sure. Sales taxes, gas taxes, sin taxes, and property taxes are regressive.

When all's said and done, it's always the economy

BabyBoobs



We. Told. Them. So.

 

[JohnEngelman]

Nobody is arguing the fact that Trump cut taxes for those that pay them. The more taxes you pay, the more you’ll save.

Another way of saying that is that Trump has been cutting taxes for the rich and increasing the national debt as a result. Republicans have been doing that since the Reagan administration. How have the rest of us benefitted from that?

 

[JohnEngelman]

Sure. Sales taxes, gas taxes, sin taxes, and property taxes are regressive.

That is why Republicans like them.

 

[AlexBailey]

Exact same thing we should do with the corporate losers, let them lose.



IDK...the Congo??

Come on, dude. Destitute people pile up. Desperation brings out the worst in everyone.

Are you afraid to think about it? What do you have to say that isn’t flippant?

What happens to the people who can’t hold themselves together? Where do they go? Do they walk the streets? Where do they camp? Got a plan?



If the government is going to manage the problem without collecting taxes, then the government must tap into a different revenue stream. Should the government generate revenue by investing in for-profit business? Tariffs? Transaction taxes?

 

[Lazaran]

Come on, dude. Destitute people pile up. Desperation brings out the worst in everyone.

Are you afraid to think about it? What do you have to say that isn’t flippant?

What happens to the people who can’t hold themselves together? Where do they go? Do they walk the streets? Where do they camp? Got a plan?



If the government is going to manage the problem without collecting taxes, then the government must tap into a different revenue stream. Should the government generate revenue by investing in for-profit business? Tariffs? Transaction taxes?

C’mon, you have to have figured it out by now:

The MAGAts’ plan is the same as the Nazis’ plan: The Final Solution.

And Chadrone (BotBoi) apparently passes for a white person, despite being a momgrel, and they have enjoyed enough privilege to have some standing, so they feel they are safe from the orangeshirts (and BotBoi has lots of gunz…). Hell, BotBoi would eagerly join with the orangeshirts if they offered them the privilege of rounding up the undesirables…



We. Told. Them. So.

 

[Chadrone]

Come on, dude. Destitute people pile up. Desperation brings out the worst in everyone.

This is why self defense and defense of private property are things in a free society and why lefties so DEEPLY HATE these concepts.

Hard to rob a someone with more firepower than you, ain't it??

Are you afraid to think about it? What do you have to say that isn’t flippant?

What happens to the people who can’t hold themselves together? Where do they go? Do they walk the streets? Where do they camp? Got a plan?

Not at all.

Why is it my job to not only pay for but plan their life?? Trailer parks/RV parks are a thing for a reason, let them pile up in California, they love homless people trashing the place.

If the government is going to manage the problem without collecting taxes, then the government must tap into a different revenue stream. Should the government generate revenue by investing in for-profit business? Tariffs? Transaction taxes?

Who said anything about no taxes?? I'm fine with income tax, tariffs and consumption taxes. It's taxes on things that have already been taxed or on imaginary/speculated wealth that don't actually exist that I'm against.

 

[Chadrone]

C’mon, you have to have figured it out by now:

The MAGAts’ plan is the same as the Nazis’ plan: The Final Solution.

And Chadrone (BotBoi) apparently passes for a white person, despite being a momgrel, and they have enjoyed enough privilege to have some standing, so they feel they are safe from the orangeshirts (and BotBoi has lots of gunz…). Hell, BotBoi would eagerly join with the orangeshirts if they offered them the privilege of rounding up the undesirables…



We. Told. Them. So.

Calls me a nazi, then demonstrates he's the one that actually thinks like a nazi... the left can't help but self own.