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A little perspective on where we are with taxes.....
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we are getting screwed by corporations.
Shareholders make money
Ceo is making money.
Workers for the last 50 years wages have stayed low and cheap.
Look at the charts and instead of going up, they have flat lined.
Corporations and the rich get tax breaks.
Some one has to pay, for expense, basically gets passed on to the middle class and the poor.
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Not quite....the largest group that pay the most are the wealthy....
Now income for middle to lower class has not gone up so much. There was a jump during tax b/c of his tax policy's.
The way to get the middle class & lower class wages to rise.....well one novel idea is to NOT have 2 million illegals cross the border.....its called supply & demand.
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"If you steal property you must report it..."
Is this so the IRS can track the capital gains of professional looters who sell their shit online?
Seriously. Asking for nobody I know.
Yeah.. this makes as much sense as dumbass gun control.
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I think its a joke rabbit and either way its saying report the FMV of what you stole as income which isn't about capital gains on a sale later but current year income lol
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The Left continues to normalize crime and chaos.
🤦♂️
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Sounds like another way to imprison people for tax evasion.
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Do you wonder why these Twitter feeds only post a pic and not a link to the actual page on IRS.GOV????
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WS22 securing our borders would be a great thing I don’t know about you but I have Hispanic lawn and garden care guy. Hispanic house keepers. WASP’s are just not interested in doing this type of work.
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Why don't you stop cherry picking the years?
https://www.taxpolicycenter.org/sites/default/files/styles/original_optimized/public/book_images/3.1.5.1.png
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^^^^^^^^^^^^
Did not cherry pick...that was the meme I could find....thru 2014.
Our meme are diff btw.
Yours show the NUMBER of diff tax brackets.
Mine shows tax bracket ranges.......
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actually i dont think corporations are paying too little.
nor the wealthy, nor the middleclass or the poor - we all pay too much.
The US government is not spending our money wisely.
It must be the politicians we have voted in who is the problem.
Look a countries like Switzerland who really take care of its citizens.
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^^^^^^^^^^^^^^^^^^^^^^
BINGO......
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An example of the GOV pissing tax dollars away and have nothing to show for it?
Afghanistan. 20 years. over 20 Trillion spent. Nothing to show for it.
That money would have been better spent here. We could have given every citizen health care for life and still have Trillions left over for infrastructure and other things.
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Here you go, makes it easy for those with reading disabilities and those of you who never learned in the first place.
Federal Budget in Pictures.
Study it and stop posting stupid
Note for the idiots who say it's Defense...........no, it's not dummy
Note for the idiots who think we don't tax enough.....that's not true either dummy
Fed spending is mostly on auto-pilot
AND, % spending increases are already baked in year after year regardless of tax receipts
When they say they cut spending
What they mean is that they lowered the increase from 5% this year to only 4% this year, e.g.
So, my question to Progs is this.
Is all government spending good?
Is there any reason whatsoever that spending should ever be limited?
What happens when the debt is so high that interest payments consume all tax receipts and there's nothing left for anything else?
You do realize that there are only 2 ways to raise revenue, right?
Taxes
Borrowing
There is a limit or maybe you don't there should be?
We just hit $30 Trillion in total debt, when do you think the music stops and there are no chairs left?
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For those of you who think the rich pay too much in taxes, you missed the New York Times article on how they can skip even paying capital gains on their start-ups. You don't hear anyone cutting back on this.
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And, they SHOULD skip that shit.
You start a business, take the risk, hire employees and pay half their SSI plus they pay taxes too?
Yeah, fuck the guvmint on that one.
Oh wait, it was the guvmint that set up those rules, wonder why?
I would trust ANYBODY who can grow the money way more than I'd trust the guvmint except in pure R&D (which they mostly farm out anyway). This is why Buffet manages the money rather than pay taxes, he's way better at capital allocation than any guvmint stooge you care to name.
You wanna bitch?
"Carried Interest"
This one truly is bullshit and Congress should put a stop to it immediately.
"The main way that the general partners of a hedge fund are compensated is through carried interest, which is usually around 20% of profits accrued above a specified hurdle rate. Often the hurdle rate is about 8%, and thus any returns the fund achieves above that rate means the fund's general partners receive a 20% commission in addition to any profit on assets the partners have personally invested in the fund. Both the profits on personal assets and carried interest are taxed at a capital gains rate, which for high-income earners is 20%.3."
This should be taxed as ordinary income at the individual's rate.end.period.stop.
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| There are 17 comments on this blog. |
