IsntLifeFunny Posted February 21, 2019 Report Share Posted February 21, 2019 1 minute ago, Rolltide said: So what other taxes would you raise? Those non progressive excise taxes? Despite cuts we still have one of the highest corporate tax rates and our capital gains taxes are comparable to most counties. The idea of wealth taxes and higher death taxes are an abomination. Legal was speaking about it the other day. The fact is our tax code is the longest recorded document in human history. Even the IRS doesn’t understand the damn thing. Then you have the professionals who eat the IRS alive and work for companies like Walmart and Amazon, leaving them effectively paying zero taxes. Hell, Amazon has a 130 million dollar return. There’s no way to justify such a construct. The entire thing needs to be simplified. Link to post Share on other sites More sharing options...
OILERMAN Posted February 21, 2019 Report Share Posted February 21, 2019 Netflix and Amazon didn't not get a big enough tax refund for it to trickle down. Yes, they got a refund IsntLifeFunny, and No1TitansFan 1 1 Link to post Share on other sites More sharing options...
IsntLifeFunny Posted February 21, 2019 Report Share Posted February 21, 2019 Just now, OILERMAN said: Netflix and Amazon didn't not get a big enough tax refund for it to trickle down. Quick we need to mainline another billion to the coffers, stat! Link to post Share on other sites More sharing options...
Justafan Posted February 21, 2019 Report Share Posted February 21, 2019 Thomas Paine talked about UBI as a ground tax that was the natural inheritance of every citizen and only the improvements of the land truly belonged to the owner but for that improvement to happen a natural inheritance was taken and should be paid back in basically free money to every citizen at the age of 21. John Stuart Mill basically said that wealth should be distributed to meet everyone's basic needs first and then property and riches could then be applied unevenly from there. It's an interesting idea. I didn't realize it dates back so far or that the Nixon administration tried to adopt a version of it with the family assistance plan. History is fun. IsntLifeFunny 1 Link to post Share on other sites More sharing options...
Justafan Posted February 21, 2019 Report Share Posted February 21, 2019 (edited) 8 minutes ago, Rolltide said: As far as cutting $175B from defense spending I'm all for it. My god you are naive about poverty. Seriously you have no idea how our system works. The more free shit we give people the greater demand there will be for that free shit. We have greatly expanded nutrition programs over the last 30 years yet charities claim hunger is worse. It is bullshit. What more do you want us to do? We help 15% of our people with free groceries. 33% of kids can get a free hot meal at school and breakfast also. Section 8 housing. Pell grants. We have free community college here in red Tennessee. Who should be honestly poor? I've already said I don't really agree with the idea of UBI. It's an interesting idea and a thoughtful discussion. Apparently more than Tucker Carleson is capable of. I really wish the two of us could have these conversations without flinging insults but we've both proven we lack that maturity so I've said my piece and now I'm moving on without you. Edited February 21, 2019 by Justafan Link to post Share on other sites More sharing options...
Mythos27 Posted February 21, 2019 Report Share Posted February 21, 2019 Forget raising taxes. If we can find a way to make the rich actually pay what we've legally decided is their fair share that would be enough for the country. The only reason people even want to raise taxes on the rich is because they got slick and found ways to pay what they're supposed to. Close all the loopholes and we'll take it from there. IsntLifeFunny, OILERMAN, pamo9, and 1 other 4 Link to post Share on other sites More sharing options...
OILERMAN Posted February 21, 2019 Report Share Posted February 21, 2019 36 minutes ago, Mythos27 said: Forget raising taxes. If we can find a way to make the rich actually pay what we've legally decided is their fair share that would be enough for the country. The only reason people even want to raise taxes on the rich is because they got slick and found ways to pay what they're supposed to. Close all the loopholes and we'll take it from there. The whole speech the guy gave was about “tax avoidance” Mythos27 1 Link to post Share on other sites More sharing options...
Downtown Posted February 21, 2019 Report Share Posted February 21, 2019 1 hour ago, Rolltide said: In the UK you do not have to pay capital gains on the sale of your home. You buy a home for £100,000 and sell it £200,000 you do not have to pay taxes on those gains. As long as it is a residence and not used for business. Are you unaware it’s the same here in the US? Single person is tax exempt up to 250k on capital gains, married couple 500k. https://www.hrblock.com/tax-center/income/investments/capital-gains-tax-exemption/ Link to post Share on other sites More sharing options...
begooode Posted February 21, 2019 Report Share Posted February 21, 2019 39 minutes ago, OILERMAN said: The whole speech the guy gave was about “tax avoidance” In the companies I've worked for you have to say "tax minimization" -- perfectly legal and implies a thought out strategy. The term "avoidance" is fraught with negative implications. Smokes 1 Link to post Share on other sites More sharing options...
OILERMAN Posted February 21, 2019 Report Share Posted February 21, 2019 7 hours ago, Soxcat said: He doesn't even realize arguing his libtard ideals is contradictory to his stock market fortune. Obama says hi! The market and economy exploded under a socialist Muslim! MadMax, and reo 2 Link to post Share on other sites More sharing options...
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