PILOT SPIN
Spin Zone => Spin Zone => Topic started by: President in Exile YOLT on November 21, 2019, 06:28:10 AM
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“Here’s the thing: Doing the wealth tax is not about punishing anyone,” Warren said. “It’s about saying ‘you built something great in this country, good for you. But you did it using workers all of us helped pay to educate. You did it getting all of your goods on roads and bridges all of us help pay for. You did it protected by police and firefighters all of us help pay the salaries for. "
https://finance.yahoo.com/news/democratic-debate-elizabeth-warren-defends-wealth-tax-tired-of-freeloading-billionaires-031040597.html
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What her and Obama don't admit is that the Billionaires have already paid tons of taxes to help fund infrastructure, and education. We ALL PAY for this stuff through all kinds of taxes. Income, Property, and Gasoline taxes just to name a few. GOVERNMENT didn't just magically build, or fund this stuff. WE, the taxpayer did.
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What her and Obama don't admit is that the Billionaires have already paid tons of taxes to help fund infrastructure, and education. We ALL PAY for this stuff through all kinds of taxes. Income, Property, and Gasoline taxes just to name a few. GOVERNMENT didn't just magically build, or fund this stuff. WE, the taxpayer did.
Employment taxes, SSI matching taxes, disability taxes....
Warren is a pathetic, lying, corrupt, asshole and anyone pretending otherwise is lying to themselves and everybody else. the entire platform of the communist (democrat) party is based on greed, hatred, bigotry, and jealousy
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People that live off the people, instead of people who contribute to the economy, never really understand the first thing about economics. The princess obama is just like the marxist warren.
They never built anything, which makes them experts, of course.
The concept of creating economic improvement through enterprise is unheard of to peopLe like the harvard twit. Providing jobs that provide millions with income used to purchase things that then employ others, all of whom pay their taxes (unless their fucking layabouts like SOOOO many liberals, are the basis of our economy, not stealing the remaining wealth from those with the brains, guts and determination to build big businesses and small ones.
Liberals are parasites to their core, which is why they believe the government provides and the rich are thieves,
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“Here’s the thing: Doing the wealth tax is not about punishing anyone,” Warren said. “It’s about saying ‘you built something great in this country, good for you. But you did it using workers all of us helped pay to educate. You did it getting all of your goods on roads and bridges all of us help pay for. You did it protected by police and firefighters all of us help pay the salaries for. "
https://finance.yahoo.com/news/democratic-debate-elizabeth-warren-defends-wealth-tax-tired-of-freeloading-billionaires-031040597.html
The uberwealthy pay many times more in taxes than the average worker (nevermind the fact that a large percentage of people pay zero income tax). What the tax-you-to-death crowd never admit is that everyone is protected police and firefighters, everyone uses roads and bridges.
anyone remember this quote from "West Wing"?
"Sam : Henry, last fall, every time your boss got on the stump and said, "It's time for the rich to pay their fair share," I hid under a couch and changed my name. I left Gage Whitney making $400,000 a year, which means I paid twenty-seven times the national average in income tax. I paid my fair share, and the fair share of twenty-six other people. And I'm happy to because that's the only way it's gonna work, and it's in my best interest that everybody be able to go to schools and drive on roads, but I don't get twenty-seven votes on Election Day. The fire department doesn't come to my house twenty-seven times faster and the water doesn't come out of my faucet twenty-seven times hotter. The top one percent of wage earners in this country pay for twenty-two percent of this country. Let's not call them names while they're doing it, is all I'm saying."
As liberal as "West Wing" was, I have to believe that it would be too right-wing for the liberals today.
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The uberwealthy pay many times more in taxes than the average worker (nevermind the fact that a large percentage of people pay zero income tax). What the tax-you-to-death crowd never admit is that everyone is protected police and firefighters, everyone uses roads and bridges.
anyone remember this quote from "West Wing"?
"Sam : Henry, last fall, every time your boss got on the stump and said, "It's time for the rich to pay their fair share," I hid under a couch and changed my name. I left Gage Whitney making $400,000 a year, which means I paid twenty-seven times the national average in income tax. I paid my fair share, and the fair share of twenty-six other people. And I'm happy to because that's the only way it's gonna work, and it's in my best interest that everybody be able to go to schools and drive on roads, but I don't get twenty-seven votes on Election Day. The fire department doesn't come to my house twenty-seven times faster and the water doesn't come out of my faucet twenty-seven times hotter. The top one percent of wage earners in this country pay for twenty-two percent of this country. Let's not call them names while they're doing it, is all I'm saying."
As liberal as "West Wing" was, I have to believe that it would be too right-wing for the liberals today.
For some reason, that just incites hatred. To be so successful that you pay twenty seven times more in taxes means you are a privileged white male of the racist patriarchy and not only did you not pay enough, you are to be condemned for taking credit for your contribution to society. Don't you know the masses are entitled to what you paid, because you essentially stole it from them all.
They will not be happy until wealthy successful people not only get 100% of their wealth confiscated, but they are also hanged, drawn and quartered, unless of course they are part of the clique that manages to end up on the top of the heap.
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A wealth tax would require a Constitutional Amendment. Good luck with that.
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A wealth tax would require a Constitutional Amendment. Good luck with that.
Well, the Democrats want to tax 401K's and IRA's more, and charge transaction taxes for investment. Receive a dividend, pay a tax on the transaction, then pay another tax on the capital gain if you sell it. Move money from one fund to another, pay a tax. When you buy with automatic payroll deduction bi-weekly or whenever you buy, pay a tax.
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Well, the Democrats want to tax 401K's and IRA's more, and charge transaction taxes for investment. Receive a dividend, pay a tax on the transaction, then pay another tax on the capital gain if you sell it. Move money from one fund to another, pay a tax. When you buy with automatic payroll deduction bi-weekly or whenever you buy, pay a tax.
This is one of my biggest fears. This country is sitting on a mountain of wealth in our IRAs and 401ks and the Federal Government is deeply in debt and careening toward bankruptcy if it doesn't radically change spending in the next 10 years. You KNOW they are eyeing that private heap of money.
But we are now living 30 years past retirement and that's what we live on (plus social security, and I have a lot of faith in that.)
Here's what's going to happen; Warren or some other fucking communist moron is going to get elected either in 2020 or 2024 and implement universal healthcare and free college for everyone, and extend all benefits to illegals, and open the floodgates to the world, then when the national debt skyrockets and the world FINALLY decides U.S. bonds are too risky and they all pull out, the feds will raid our private retirement accounts. But it's okay, we will still get our worthless social security check because the government will decide that's all we deserve to live on, except for the elites in DC of course.
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Well, the Democrats want to tax 401K's and IRA's more, and charge transaction taxes for investment. Receive a dividend, pay a tax on the transaction, then pay another tax on the capital gain if you sell it. Move money from one fund to another, pay a tax. When you buy with automatic payroll deduction bi-weekly or whenever you buy, pay a tax.
I get taxes for everything I do except farting.
The Democrats are trying to get me to stop or get a carbon tax.
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I get taxes for everything I do except farting.
The Democrats are trying to get me to stop or get a carbon tax.
Swalwell will have to pay a bonus.