Re: "Mad Dog" Mattis SECRETARY OF DEFENSE!!! WHOOOO-HOOOO!
Ok miles I want to give you a real life example of one of my good friends in San Jose California. I graduated high school with him in 1982 and his father moved out to California that year. He worked two jobs very hard and never went to college invested his money in real estate and wound up now owning 5 houses. 3 of them are in Texas and two in California. The average price of all the houses are about $400,000 each. Means he has about 2 million dollars worth of assets right now and the houses are all paid off. He took out a 2nd loan against the two million dollars and invested heavily during the early 2000s in the stock market and made a killing and he is now worth about 6 million US dollars. He earned it the hard way. I do not think people like him with six million dollars worth of assets should have to pay more than their Fair of taxes just to help out the poor people in the inner cities and ghettos. Whatever happened to every man for himself?
Re: "Mad Dog" Mattis SECRETARY OF DEFENSE!!! WHOOOO-HOOOO!
He would have paid his property taxes and that's the end of it in that regard. Whilst saving he would have paid his income tax too and I doubt he was earning enough to be considered super rich. Now when it comes to people investing in the stock market. Well, yes people should be taxed on that. You pay VAT everytime you buy a loaf of bread, then you should have a similar tax on your investments. You even save money in a bank and get taxed on that. Investing in a stock market is not doing anything the hardway. It is gambling and it has paid off and should be taxed.
If you work hard then you have rewards for it. We are talking about the super rich here Brock. The people that don't even pay their basic taxes and use offshore tax havens and use their wealth to buy government policy. It's an entirely different thing to Joe Bloggs who sacrifices having children and plods away saving year in year out investing a bit on the way. Someone earning 100,000 a year is not super rich, but should certainly pay more than someone on 20,000 a year. A redistributive tax system where the more you earn the more tax you pay. If you take home 400,000 a year then you should pay more taxes. People who earn more money in a corporation do not neccessarily work harder, provide better value for money, none of that and they end up making decisions that end up with companies relocating to cheaper countries, leaving people unemployed etc. In that sense, you fucked up the country and still got rich with your heartless decisions. Tax that fucker and that firm! Looking out for number one all the time, now give back to the society that now has to pick up the welfare tab.
It's about balance Brock and you have experimented with neoliberalism and it has failed. You have half the country on welfare because there are no jobs and only illegal immigrants will do it. How about going back to a system that actually worked and provided wealth for the country? See neo liberalism actually increases the welfare state and because there are less taxes and well paying jobs the government debt just continues to rise. It isn't sustainable. It explains why the US makes so many weapons, which I am sure Mattis will be wanting to utilise.
Re: "Mad Dog" Mattis SECRETARY OF DEFENSE!!! WHOOOO-HOOOO!
Investors have way too easy a time. I remember working in the UK and the only thing that mattered was making sure shareholders got their returns. It meant Unions were not allowed, wages never rose with even the official inflation rates, it meant they limited your contracted hours, it basically meant being a slave. They did away with the company pension. All about senior management getting their slice of the pie for trimming and making sure investors who didn't do any work besides funnelling money (which is gambling) into their pet project got their dividents. It's immoral and at the least all of those people should be being taxed and plenty of it because the workers were paying all of theirs and couldn't get away with not doing so and it was the workers struggling to pay the bills, not senior management or shareowners.
There is no justification for such a system. I am a socialist. I am a socialist that likes money too and I pay my share of taxes. If I start putting money into the stock market, then tax me. I obviously have too much money if I am doing that.
Re: "Mad Dog" Mattis SECRETARY OF DEFENSE!!! WHOOOO-HOOOO!
Mattias will °°°BLOW AWAY°°° ISIS. That is a good ~thing~………… $100,000 isn't rich??? FUCK MILES, I NEVER MADE MORE THAN $24,000 A YEAR!!!!
Re: "Mad Dog" Mattis SECRETARY OF DEFENSE!!! WHOOOO-HOOOO!
Quote:
Originally Posted by
brocktonblockbust
Mattias will °°°BLOW AWAY°°° ISIS. That is a good ~thing~………… $100,000 isn't rich??? FUCK MILES, I NEVER MADE MORE THAN $24,000 A YEAR!!!!
That's what I am saying man. A progressive tax system that incrementally goes up as you have more. You still have a lot more money than everyone else as a rich man paying more tax. I don't see the problem with it. 100,000 a year should be paying considerably more tax than someone on 24,000. Someone on 500,000 should be paying far more still. At the end of the day it isn't Communism. It's just normal 20th century social democracy, the idea that capitalism has a conscience. That has become completely lost. It's cruel to have the rich not paying their share of taxes (accountancy tricks and tax havens) and then have all the jobs shipped away so that the poor are all on handouts. It didn't use to be like this. We have a thing called society and it should work in the interests of all and not just the few. At the same time it should also mean that you never have generations living on welfare either. It all needs to be cleaned up and aspirations raised.
I think you know that Neo liberalism is just as bad as Communism and no sensible person wants either of those 2 monstors.
Re: "Mad Dog" Mattis SECRETARY OF DEFENSE!!! WHOOOO-HOOOO!
Quote:
Originally Posted by
Gandalf
those 2 monstors.
HOW FUCKING DARE YOU for your weight.
Re: "Mad Dog" Mattis SECRETARY OF DEFENSE!!! WHOOOO-HOOOO!
Quote:
Originally Posted by
Gandalf
He would have paid his property taxes and that's the end of it in that regard. Whilst saving he would have paid his income tax too and I doubt he was earning enough to be considered super rich. Now when it comes to people investing in the stock market. Well, yes people should be taxed on that. You pay VAT everytime you buy a loaf of bread, then you should have a similar tax on your investments. You even save money in a bank and get taxed on that. Investing in a stock market is not doing anything the hardway. It is gambling and it has paid off and should be taxed.
If you work hard then you have rewards for it. We are talking about the super rich here Brock. The people that don't even pay their basic taxes and use offshore tax havens and use their wealth to buy government policy. It's an entirely different thing to Joe Bloggs who sacrifices having children and plods away saving year in year out investing a bit on the way. Someone earning 100,000 a year is not super rich, but should certainly pay more than someone on 20,000 a year. A redistributive tax system where the more you earn the more tax you pay. If you take home 400,000 a year then you should pay more taxes. People who earn more money in a corporation do not neccessarily work harder, provide better value for money, none of that and they end up making decisions that end up with companies relocating to cheaper countries, leaving people unemployed etc. In that sense, you fucked up the country and still got rich with your heartless decisions. Tax that fucker and that firm! Looking out for number one all the time, now give back to the society that now has to pick up the welfare tab.
It's about balance Brock and you have experimented with neoliberalism and it has failed. You have half the country on welfare because there are no jobs and only illegal immigrants will do it. How about going back to a system that actually worked and provided wealth for the country? See neo liberalism actually increases the welfare state and because there are less taxes and well paying jobs the government debt just continues to rise. It isn't sustainable. It explains why the US makes so many weapons, which I am sure Mattis will be wanting to utilise.
Miles people making 20000 pay no taxes here. If your making under forty you pay very little taxes. The tax brackets for the rich are much higher. Even if they have loop holes they can't get away from taxes on durable goods, unemployment insurance on each employee, health care for employees and so much more. You can't just look at the federal tax there is a lot more than that. Actually most people in the us pay very little in income tax many paying nothing at all, they get it back at the end of the year. It's how it works here. I think wages are too low for many.
Re: "Mad Dog" Mattis SECRETARY OF DEFENSE!!! WHOOOO-HOOOO!
Don't forget all the hidden taxes and taxes that hurt the poor more. A poor person pays a far higher proportion of their income on VAT than a rich person and usually on inferior food. If you are poor you are more likely to drink and smoke. Again significant tax burdens. In the UK everyone has to drive if you want a job and have you seen the tax on fuel. People in expensive cars pay the same amount on fuel as poorer people. Council tax is pretty much the same for the man in a mansion as the man on the run down estate. The biggest one is inflation which hurts the poor far more and when the super rich have doubled their wealth in a decade and the poor are poorer that is a massive tax.
The system is messed up and it hurts the poor guy. Even if he pays no income tax he still struggles in a central bank run government monstrosity.
Re: "Mad Dog" Mattis SECRETARY OF DEFENSE!!! WHOOOO-HOOOO!
Quote:
Originally Posted by
Gandalf
Don't forget all the hidden taxes and taxes that hurt the poor more. A poor person pays a far higher proportion of their income on VAT than a rich person and usually on inferior food. If you are poor you are more likely to drink and smoke. Again significant tax burdens. In the UK everyone has to drive if you want a job and have you seen the tax on fuel. People in expensive cars pay the same amount on fuel as poorer people. Council tax is pretty much the same for the man in a mansion as the man on the run down estate. The biggest one is inflation which hurts the poor far more and when the super rich have doubled their wealth in a decade and the poor are poorer that is a massive tax.
The system is messed up and it hurts the poor guy. Even if he pays no income tax he still struggles in a central bank run government monstrosity.
No doubt the system is fucked up but we don't have vat in the us. You have points but don't grasp the us tax code. I've been dealing with it all my life from little income to decent income. I payed a much lower rate when I made less. You will prob come up with opposing points but I'm telling you how it is here. Until 1913 income was not constitutional and the us got revenue from tariffs. Go ahead tell me how I'm wrong on what I've known and payed all my life along with my friends family and enemies
Re: "Mad Dog" Mattis SECRETARY OF DEFENSE!!! WHOOOO-HOOOO!
You have no VAT? That's good. VAT is low here which is better than the UK but it should be abolished. The UK is unaffordable really. I can't remember the VAT rate but it is something silly. Plus those council taxes where they hardly ever take your garbage. It's beyond me how there is never a revolution. Makes sense that people drink so heavily though.
Re: "Mad Dog" Mattis SECRETARY OF DEFENSE!!! WHOOOO-HOOOO!
Non income taxes in the UK definitely discriminate against the poor. No doubt about that.
Re: "Mad Dog" Mattis SECRETARY OF DEFENSE!!! WHOOOO-HOOOO!
Quote:
Originally Posted by
Gandalf
You have no VAT? That's good. VAT is low here which is better than the UK but it should be abolished. The UK is unaffordable really. I can't remember the VAT rate but it is something silly. Plus those council taxes where they hardly ever take your garbage. It's beyond me how there is never a revolution. Makes sense that people drink so heavily though.
Yes there is a move to abolish income tax and make a consumption tax. Might be a good idea but that also might get out of hand. The government needs rehab for money addiction. Certain branches of government lecture America of the people's credit card debt ect and I find that funny. Certainly the current tax code could be changed to something better but it is so ingrained in our government I see little hope in a positive change
Re: "Mad Dog" Mattis SECRETARY OF DEFENSE!!! WHOOOO-HOOOO!
Quote:
Originally Posted by
walrus
Quote:
Originally Posted by
Gandalf
in a central bank run government monstrosity.
No doubt the system is fucked up but we don't have vat in the us. You have points but don't grasp the us tax code. I've been dealing with it all my life from little income to decent income. I payed a much lower rate when I made less. You will prob come up with opposing points but I'm telling you how it is here. Until 1913 income was not constitutional and the us got revenue from tariffs. Go ahead tell me how I'm wrong on what I've known and payed all my life along with my friends family and enemies
leave him alone he is a monstor for his weight.