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POTUS 46.10: A New Hope

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sagard said:
There is literally no chance of a tax increase is there? He's just posturing with no intent. I would bet right now it's more likely he renews the cuts that were beginning to expire.
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Some people want to actually pay for things were spending.
 
sagard said:
There is literally no chance of a tax increase is there? He's just posturing with no intent. I would bet right now it's more likely he renews the cuts that were beginning to expire.
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Maybe the Dems will finally smarten up. They usually raise the tax on the rich 32 to 36 and raise it on the middle 28 to 30. DON'T DO THAT!!!!!! Raise the tax on the rich 32 to 50 and cut the tax on the middle 28 to 26.

Just fucking accept that the vast majority of Americans are not liberals -- they are lazy, shortsighted, and strictly in it for their own interest. So fucking bribe them.
 
Speaking of smartening up: not now!

Get the systemic stuff done first: voting rights and fiscal reform. Then double back for the rest.
 
Kepler said:
Maybe the Dems will finally smarten up. They usually raise the tax on the rich 32 to 36 and raise it on the middle 28 to 30. DON'T DO THAT!!!!!! Raise the tax on the rich 32 to 50 and cut the tax on the middle 28 to 26.

Just fucking accept that the vast majority of Americans are not liberals -- they are lazy, shortsighted, and strictly in it for their own interest. So fucking bribe them.
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There are some pretty easy tax cuts to just repeal. Easier than 'raising taxes'. And what they are talking about is a tax on over $400k households- which is the vast majority of the dumpy cuts (not all, though).

I'm sure it will be twisted into a "socialist tax raise for all" when most Americans won't have that. Given that the people who could have easily paid to keep people from working to shut down the virus made an absolute mint instead- it's clear that money over health is very much in play for the Racists.
 
MichVandal said:
There are some pretty easy tax cuts to just repeal. Easier than 'raising taxes'. And what they are talking about is a tax on over $400k households- which is the vast majority of the dumpy cuts (not all, though).

I'm sure it will be twisted into a "socialist tax raise for all" when most Americans won't have that. Given that the people who could have easily paid to keep people from working to shut down the virus made an absolute mint instead- it's clear that money over health is very much in play for the Racists.
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The party line I keep seeing them parrot in Internet comments is that with the inflation Dems are causing, soon a lot more middle class people will be making $400k or more and thus be subject to the highest rate. I saw one comment that claimed that if the minimum wage increase passes, a six-pack will soon cost $30.

Republican voters aren't very bright. ;-)
 
FadeToBlack&Gold said:
The party line I keep seeing them parrot in Internet comments is that with the inflation Dems are causing, soon a lot more middle class people will be making $400k or more and thus be subject to the highest rate. I saw one comment that claimed that if the minimum wage increase passes, a six-pack will soon cost $30.

Republican voters aren't very bright. ;-)
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No, not bright at all- especially when Ds are in control. They keep harping on how bad debt and deficit are, until they are in charge- when they ramp up the debt. That has happened under every single R in charge since Reagan. And then the Democrat has been forced to clean up their debt mess every single time. So far, when they get their way, the economy has gotten going again- see late Clinton and Obama terms.

Somehow, the rich and powerful in the Racist party manages to get their serfs to vote in groups and policies that hurt themselves. Funny how they defend that all day long, ignoring the last 40 years of the economy.
 
michvandal said:
somehow, the rich and powerful in the racist party manages to get their serfs to vote in groups and policies that hurt themselves. Funny how they defend that all day long, ignoring the last 40 years of the economy.
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Guns, god, and gays. Derp.
 
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MichVandal said:
Somehow, the rich and powerful in the Racist party manages to get their serfs to vote in groups and policies that hurt themselves. Funny how they defend that all day long, ignoring the last 40 years of the economy.
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"We can't help everyone, because that would include the darkies."

Um, yeah - and it would include you, too, numskull.
 
LynahFan said:
"We can't help everyone, because that would include the darkies."

Um, yeah - and it would include you, too, numskull.
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Republicans would rather deny their own kids health care if the alternative is to see black kids receive it too.

It's their Christian Values.
 
FadeToBlack&Gold said:
The party line I keep seeing them parrot in Internet comments is that with the inflation Dems are causing, soon a lot more middle class people will be making $400k or more and thus be subject to the highest rate. I saw one comment that claimed that if the minimum wage increase passes, a six-pack will soon cost $30.

Republican voters aren't very bright. ;-)
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Come on, inflation!!!!!
 
FadeToBlack&Gold said:
The party line I keep seeing them parrot in Internet comments is that with the inflation Dems are causing, soon a lot more middle class people will be making $400k or more and thus be subject to the highest rate. I saw one comment that claimed that if the minimum wage increase passes, a six-pack will soon cost $30.

Republican voters aren't very bright. ;-)
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If Trump had won re-election everyone would be making $400k and there wouldn’t be any inflation. Best economy ever!!!!
 
One concern I have that I don't see addressed in many places is how "income" is defined. Upper income people can receive said income in a huge variety of ways that normies cannot. Stock dividends? Capital gains? W2 salary? Dozens of other ways?

I have zero philosophical problem with doing this, but as always the devil is in the details. Those with high incomes can afford tax attorneys that often much smarter than the regulators.
 
Swansong said:
One concern I have that I don't see addressed in many places is how "income" is defined. Upper income people can receive said income in a huge variety of ways that normies cannot. Stock dividends? Capital gains? W2 salary? Dozens of other ways?

I have zero philosophical problem with doing this, but as always the devil is in the details. Those with high incomes can afford tax attorneys that often much smarter than the regulators.
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Correct. If one form of income is taxed less than that is how they structure their money and income. That's why it should all be the same. Or, if you want one to be lower make it labor. Cause labor deserves it.
 
Swansong said:
One concern I have that I don't see addressed in many places is how "income" is defined. Upper income people can receive said income in a huge variety of ways that normies cannot. Stock dividends? Capital gains? W2 salary? Dozens of other ways?

I have zero philosophical problem with doing this, but as always the devil is in the details. Those with high incomes can afford tax attorneys that often much smarter than the regulators.
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The solution is to tax everything the same.

And to have a wealth tax.
 
ScoobyDoo said:
Correct. If one form of income is taxed less than that is how they structure their money and income. That's why it should all be the same. Or, if you want one to be lower make it labor. Cause labor deserves it.
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There is an entirely separate section of the tax code for the wealthy. The K1 is one of the keys to gaining access.

"W2's are for losers."
 
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