Hey Matt B ... How the hell o are you ??? :)

2nd Light Forums
Decrease font size
Increase font size
Topic Title: Americans support 70% top marginal tax rate
Topic Summary:
Created On: 01/15/2019 10:17 AM
Linear : Threading : Single : Branch
1 2 Next Last unread
Topic Tools Topic Tools
View topic in raw text format. Print this topic.
 01/15/2019 10:17 AM
User is offline View Users Profile Print this message


RustyTruck

Posts: 33298
Joined Forum: 08/02/2004

Hell, even 45% of R's support it. 59 percent overall.

AOC is on to something. Get that bread.

http://thehill.com/hilltv/what...he-top-tax-rate-to-70?

-------------------------
Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".
 01/15/2019 12:06 PM
User is offline View Users Profile Print this message


tpapablo

Posts: 43826
Joined Forum: 07/25/2003

Originally posted by: RustyTruck Hell, even 45% of R's support it. 59 percent overall. AOC is on to something. Get that bread. http://thehill.com/hilltv/what...he-top-tax-rate-to-70?
Won't happen for at least two years. No Republican is going to tank the economy. If the progs were to do it in two years, I'd retire. Then I'd sit back and enjoy you idiots getting your just deserts.

-------------------------
I :heart; Q
 01/15/2019 12:13 PM
User is offline View Users Profile Print this message


RustyTruck

Posts: 33298
Joined Forum: 08/02/2004

America was doing just fine when the the marginal rate was 70% and higher. In fact it was during the biggest expansion of the middle class the world has ever seen.

I love how under capitalism the workers are held hostage by capital. Any move against them they threaten to "tank the economy". I say tank it, then nationalize all essential products and services. When people aren't in fear of going hungry or can't afford medicine, and are not longer hostages of capital, then and only then can the true potential of the people be realized.



-------------------------
Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".
 01/15/2019 12:15 PM
User is offline View Users Profile Print this message


WG

Posts: 37257
Joined Forum: 03/10/2005

10 million annual taxable income ?
That doesn't affect very many people, (around 100,000) and certainly none that can't afford it.
I doubt it would do that much economic damage on it's own, our economy boomed in the past with rates that high.

I don't think it helps all that much, but it is interesting that so many R's are for it.
The party has a some new members who aren't as interested in protecting the rich?

-------------------------
"The truth is incontrovertible.
malice may attack it,
ignorance may deride it,
but in the end,
there it is." -Sir Winston Churchill

Edited: 01/15/2019 at 12:21 PM by WG
 01/15/2019 12:16 PM
User is offline View Users Profile Print this message


RustyTruck

Posts: 33298
Joined Forum: 08/02/2004

But to your point, no, it probably won't happen soon because the Democrats are just as much in bed with the capitalists as the GOP. It will require the takeover of the party, or a new party.

Libertarian socialists are one the rise. "Libertarian" isn't as scary as "anarchist", but means the same; no trust of authoritarians and horizontal structures.

-------------------------
Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".
 01/15/2019 03:10 PM
User is offline View Users Profile Print this message


tpapablo

Posts: 43826
Joined Forum: 07/25/2003

Originally posted by: RustyTruck America was doing just fine when the the marginal rate was 70% and higher. In fact it was during the biggest expansion of the middle class the world has ever seen. I love how under capitalism the workers are held hostage by capital. Any move against them they threaten to "tank the economy". I say tank it, then nationalize all essential products and services. When people aren't in fear of going hungry or can't afford medicine, and are not longer hostages of capital, then and only then can the true potential of the people be realized.
Virtually no one was paying 70% or 90% back in the bad, old days. The effective tax rates of those earning $ 1,000,000/yr or up was in the 40%-45% range. Had a lot of loopholes back then. They were done away with in 1986. And, if enacted today, virtually no one would be paying 70% or more. So, a tax rate like that would do wonders for tax attorneys and accountants, but no one else. And you might remember that France's socialist, Francois Hollande, raised the top rates there to 75%. That was a disaster and he had to cut the rate back to 45%. The same would happen here too. So, you socialists should give it up. That kind of thing has failed every time it has been tried. And it will again. But progs don't do history, do they?

-------------------------
I :heart; Q
 01/15/2019 03:36 PM
User is offline View Users Profile Print this message


RustyTruck

Posts: 33298
Joined Forum: 08/02/2004

Well you might not see it on the news but capitalism is failing here, and the downturn correlates with Reagan. Could be taxes, could be the destruction of unions, probably both, but when 60% of Americans don't have $1000 in the bank that's unsustainable. Medical costs remain the #1 cause of personal bankruptcy, and the cost of higher ed is through the roof.

1% has like 90% of the wealth, so the future is socialist or barbarism. Your personal firearms won't be enough to protect you. The proliferation of firearms means the poor are well armed too. Bullets don't care if they come from a Dan Wesson 1911 or a Hi-point.

-------------------------
Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".
 01/16/2019 07:21 AM
User is offline View Users Profile Print this message


tpapablo

Posts: 43826
Joined Forum: 07/25/2003

Originally posted by: RustyTruck Well you might not see it on the news but capitalism is failing here, and the downturn correlates with Reagan. Could be taxes, could be the destruction of unions, probably both, but when 60% of Americans don't have $1000 in the bank that's unsustainable. Medical costs remain the #1 cause of personal bankruptcy, and the cost of higher ed is through the roof. 1% has like 90% of the wealth, so the future is socialist or barbarism. Your personal firearms won't be enough to protect you. The proliferation of firearms means the poor are well armed too. Bullets don't care if they come from a Dan Wesson 1911 or a Hi-point.
You and I have probably seen the only revolutions that are going to occur in the U.S. in our lifetimes - the elections of Reagan and Trump. Americans, collectively, understand that we should stick with what got us to where we are and that throwing that out the window would ruin us. So every now and again, we elect a Reagan or Trump to undo the damage that progs have done. Are the poor going to revolt? No, because we don't have any poor, except those who choose to be.

-------------------------
I :heart; Q
 01/16/2019 07:40 AM
User is offline View Users Profile Print this message


Cole

Posts: 68176
Joined Forum: 07/22/2003

No Republican is going to tank the economy.

Try cracking a history book once in awhile.



-------------------------
I was right.
 01/16/2019 07:42 AM
User is offline View Users Profile Print this message


Fish Killer

Posts: 71439
Joined Forum: 10/09/2005

Originally posted by: Cole

No Republican is going to tank the economy.


DEMOSHITS are trying real real hard!

FACT!

-------------------------
The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.
 01/16/2019 07:43 AM
User is offline View Users Profile Print this message


RustyTruck

Posts: 33298
Joined Forum: 08/02/2004

Reagan undid what kept America prosperous for 50 years, and trump was a reaction to the declining fortunes and social status of mostly poor white people.

A revolution is coming all right, in fact it's inevitable. Wealth will be redistributed one way or another to restore balance. It's likely that a white minority will try to turn to fascism to maintain control, but they will fail.

We will bury them.

-------------------------
Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".
 01/16/2019 07:56 AM
User is offline View Users Profile Print this message


tpapablo

Posts: 43826
Joined Forum: 07/25/2003

I would love to see it tried. We would get to wipe out a lot of progs and thereby remove a lot of insane/stupid people from this country. But, as I said, it won't happen, not in our lifetime. Let me ask you something. Why would all of these immigrants make the trip to the U.S. and, once established here, want to make it a shit hole so as to resemble the country they fled from?

-------------------------
I :heart; Q
 01/16/2019 08:08 AM
User is offline View Users Profile Print this message


Cole

Posts: 68176
Joined Forum: 07/22/2003

Why would all of these immigrants make the trip to the U.S. and, once established here, want to make it a shit hole so as to resemble the country they fled from?


Is that what the Cubans have done?

-------------------------
I was right.
 01/16/2019 09:27 AM
User is offline View Users Profile Print this message


Plan B

Posts: 3302
Joined Forum: 03/08/2004

Originally posted by: RustyTruck Reagan undid what kept America prosperous for 50 years
Sadly such an overlooked reality.... granted he was a much better actor than the current "celebrity" currently in the whitehouse
 01/16/2019 02:14 PM
User is offline View Users Profile Print this message


tpapablo

Posts: 43826
Joined Forum: 07/25/2003

Originally posted by: Cole Why would all of these immigrants make the trip to the U.S. and, once established here, want to make it a shit hole so as to resemble the country they fled from? Is that what the Cubans have done?
No, which is my point.

-------------------------
I :heart; Q
 01/16/2019 02:30 PM
User is offline View Users Profile Print this message


Cole

Posts: 68176
Joined Forum: 07/22/2003

This is the third reference to, "them moving here to make it a shit hole."

Do you have multiple aliases or did you all receive the same marching orders?

-------------------------
I was right.
 01/16/2019 04:59 PM
User is offline View Users Profile Print this message


Fish Killer

Posts: 71439
Joined Forum: 10/09/2005

Originally posted by: Cole

This is the third reference to, "them moving here to make it a shit hole."



Do you have multiple aliases or did you all receive the same marching orders?


But they in fact ARE moving here to make it a shithole!

It's happened EVERYWHERE THEY GO!

IDIOT!

-------------------------
The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.
 01/16/2019 05:02 PM
User is offline View Users Profile Print this message


Cole

Posts: 68176
Joined Forum: 07/22/2003

The Cubans have made Florida a shit hole?

Chinatown is a shit hole?

Felsmere is a shit hole?

Kissimmee is a shit hole from the Puerto Rican immigration?

Please specify.

-------------------------
I was right.
 01/16/2019 05:06 PM
User is offline View Users Profile Print this message


Fish Killer

Posts: 71439
Joined Forum: 10/09/2005

Originally posted by: Cole

The Cubans have made Florida a shit hole?



Chinatown is a shit hole?



Felsmere is a shit hole?



Kissimmee is a shit hole from the Puerto Rican immigration?



Please specify.


I used to be able to go to Miami without being armed....

Thats not happening any more...

It's a fucking SHIT HOLE!

FACT!

Apply the same idea with anywhere you want to allow illegal aliens to populate!



-------------------------
The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.
 01/16/2019 05:13 PM
User is offline View Users Profile Print this message


HAPDigital

Posts: 16855
Joined Forum: 11/29/2004

Originally posted by: Fish Killer

Originally posted by: Cole



The Cubans have made Florida a shit hole?







Chinatown is a shit hole?







Felsmere is a shit hole?







Kissimmee is a shit hole from the Puerto Rican immigration?







Please specify.




I used to be able to go to Miami without being armed....



Thats not happening any more...



It's a fucking SHIT HOLE!



FACT!



Apply the same idea with anywhere you want to allow illegal aliens to populate!


You never went to miami.
Statistics
146494 users are registered to the 2nd Light Forums forum.
There are currently 6 users logged in to the forum.

FuseTalk Basic Edition - © 1999-2024 FuseTalk Inc. All rights reserved.

First there was Air Jordan .