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Waterdisport22
OC, CA
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We’re gonna shove a Carbon Tax down your throats, America…
Jun 11 2021 05:51AM more by Waterdisport22
Tags: Orange County, Random (All tags)

Carbon tax, 15% VAT, wealth tax, privilege tax — Democrats want all of this and more.


Btw ALL Americans will pay this tax.....who will get "hurt" the most?

Answer....not the rich or wealthy. Sure they will or may pay more in taxes.

But they will PASS this tax along to those who purchase their goods n services.....

And folks...that means YOU and ME will be the ones paying the higher taxes.


And the POOR will be affected the most.

And is NOT the Poor whom the Libs seem to care most about?


Asking for a friend.....SMH
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There are 18 comments on this blog.
jazz51
Laguna Hills/Woods, OC, CA
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Jun 11 2021 07:35AM     link to this

But the Democrats and the media tell us only the rich will pay. Are you saying they are lying?
jazz51
Laguna Hills/Woods, OC, CA
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Jun 11 2021 08:40AM     link to this

Of course, they will 'mince words' and what we pay will be fees, increased costs by businesses who will pass along those costs to us, etc. So they can say "it wasn't a tax levied directly on you'. Just like Bill Clinton didn't have sex with that woman.
Waterdisport22
OC, CA
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Jun 11 2021 09:21AM     link to this

Another great policy decision on how to kill a great economy....

Socialism....in ANY form has NEVER worked.....ANYWHERE it has been tried.

Why have some not learned this lesson?

And no where has more wealth been created than with CAPITALISM.


Also....those greedy capitalists give MORE money to others than all the governments in the world combined.

Thats right I am speaking about the US citizens....NOT the US Gov.

And we want to DESTROY this????

remo_williams
Irvine, OC, CA
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Jun 11 2021 11:16AM     link to this

@ Water.

I agree - people don't understand corporations do NOT pay taxes.

They COLLECT them

The higher you make corporate taxes, thy do and WILL pass that to the "little guy".

Individuals pay taxes on the first dollar of "earned income"

Corporations, essentially, on the last dollar earned - only on their show profits.
AFMadness
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Jun 11 2021 11:19AM     link to this

Jazz,... There lips are moving right ? Nuff said.
Angler1
CA
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Jun 11 2021 11:43AM     link to this

but biden got 80 million votes.
Waterdisport22
OC, CA
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Jun 11 2021 12:14PM     link to this

^^^^^^^^^^^^^

And never left his basement.....
AFMadness
Inland Empire, CA
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Jun 11 2021 12:57PM     link to this

Tax the Rich until there is no rich no more ~ Beetles...
lucent1956
Lancaster, North of LA, LA, CA
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Jun 11 2021 01:03PM     link to this

Two similar but great quotes from Winston Churchill during the cold war that still resonate today.

The main vice of capitalism is the uneven distribution of prosperity. The main vice of socialism is the even distribution of misery.

Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.
Mrdink
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Jun 11 2021 01:48PM     link to this

Do you guys research this or are just repeating what you heard from some commentator on TV or radio? People like you and me bare the brunt of keeping this country going with our taxes and yet corporations benefit from all of it while contributing less and less every decade. The corp. tax rate is still competitive vs other wealthy countries and still way lower historically. In addition the proposal to raise it is still lower than it was before DTrump.
Rrod111401
SGV, LA, CA
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Jun 11 2021 02:02PM     link to this

Trickle down economics is the biggest lie the right has ever convinced to the American people.

Since the 1980's a huge transfer of wealth has shifted to the richest people in America. Killing the middle class. Corporations have only one goal only and that is to make the most profit imaginable.

Corporations get huge tax breaks while still trying to find ways to suppress workers' wages. They dont look out for the best interests in the American people.
Mrdink
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Jun 11 2021 02:14PM     link to this

And when the Corp tax rate was the highest in the '50s, GDP was at its highest. The economy grew at an annual average rate of 3.9 percent between 1950 and 1960, when the statutory corporate tax rate was over 50 percent. Between 2000 and 2010, the statutory corporate tax rate was 35 percent (over 15 percentage points lower than the rate in the 1950s), and annual economic growth averaged 1.8 percent (less than half of the growth rate in the 1950s).
Mrdink
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Jun 11 2021 02:16PM     link to this

The biggest lie is the right convincing us all that we can be billionaires if you work hard enough.
Waterdisport22
OC, CA
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Jun 11 2021 04:43PM     link to this

Lets break this down shall we?


Tax the Rich until there is no rich no more ~ Beetles...
^^^^^^
Ok....tax the rich. When was the last time you were hired by the lowest paid worker from a company....it does NOT happen. EVER. The business owner took the risks and developed a business where he or she could HIRE employees.

Everybody should pay the SAME rate. Lets say 10%. No matter ones income.

Who is better to INVEST the monies one earns.....Fed Gov...which is 20+ TRILLION in debt or the person who made the money in the first place?

The question answered itself.

Any local...state...or Fed gov did not build this country. Business owners DID.


Two similar but great quotes from Winston Churchill during the cold war that still resonate today.
The main vice of capitalism is the uneven distribution of prosperity. The main vice of socialism is the even distribution of misery.
^^^^^^
Winston got half of it wrong.

I like Margaret Thackters better....."Socialism is great until you run out of other peoples money."

The money you make is YOURS not the Feds.

How can you say UNEQUAL. Look at AMERICA. It has evolved into the GREATEST AND WEALTHIEST Country the world has ever seen. And what did that? Capitalism.

All other ISM's have created poverty & despair.


.....corporations benefit from all of it while contributing less and less every decade. The corp. tax rate is still competitive vs other wealthy countries and still way lower historically. In addition the proposal to raise it is still lower than it was before DTrump.
^^^^^
Hey....who do you think makes up Corporations. Its called PEOPLE. And Corp employ PEOPLE. If it was sooooo bad here then why are people willing to risk their lives to come here. They are NOT doing to go to N Korea, China, Russia,.....pick any Country. They want to come here because of the opportunities this Country offers that NO OTHER country does.

When the Gov at ANY level raises taxes....is slows down economic growth. PERIOD.

Plus Trump tax cuts purt us in line with other Industrial Countries. And as I said when you LOWER taxes Gov Revenue increases. Why? Because we as taxpayers and Corp as tax payers do not take that money and put it under a mattress....no we INVEST it to make MORE money and in turn pay MORE taxes because of the growth in revenue generated.
^^^^^
Trickle down economics is the biggest lie the right has ever convinced to the American people.
Since the 1980's a huge transfer of wealth has shifted to the richest people in America. Killing the middle class. Corporations have only one goal only and that is to make the most profit imaginable.
^^^^
Trckle down works. Ummmm the US has the LARGEST GDP of all Countries. We are #1.

What does NOT work is FLOODING our country with millions of illegals that are low wage skilled labor. Its keeps the poor poorer. Keeps wages down. Its called supply and demand. CLOSE THE FRICKIN BORDER.

And when the Corp tax rate was the highest in the '50s, GDP was at its highest. The economy grew at an annual average rate of 3.9 percent between 1950 and 1960.
^^^^
WRONG. GDP was not at its highest in 1950. It is now. Over 20 TRILLION per year. When you LOWER Corp taxes business growth thrives. Did you not just see that with Trump....did you not see that under Clinton.....even JFK lowered taxes and saw growth.

Plus under Trump minus Covid this economy which is much larger vs 1950 was growing at that same rate and at times HIGHER. 5% growth of GDP of 1 dollar is SMALLER than 5% growth of 10 dollar GDP. FFS.

And with that Growth tax REVENUE for the Feds GROWS....not DECLINES.

The biggest lie is the right convincing us all that we can be billionaires if you work hard enough.
^^^^
I can NOT help you with that.

This is the only country in the world you can fail...and have the ability to be successful.

Get off your duff and make a product....a service....that people are willing to pay for.
sherkahn
Diamond Bar, SGV, LA, CA
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Jun 11 2021 04:50PM     link to this

Yawn.

Get informed and make up your own minds.

There will be winners and losers with all changes.
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Angler1
CA
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Jun 11 2021 06:34PM     link to this

It hurts everyone. Companies will just pass on cost to consumer as always.
jackrabbit33
La Jolla, San Diego, CA
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Jun 11 2021 06:35PM     link to this

^ or implement "reduction in force" to balance the bottom line.
GoBallsDeep
Fullerton, OC, CA
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Jun 11 2021 10:11PM     link to this

Mrdinkydick is a liar and an idiot
Rrod is just an idiot
He's apparently the lucky one of the two
So, there's that

There are 18 comments on this blog.