Hearing grumbling from the right that now is not the time to raise taxes? WTF? Where's the logic there.. If so, when is a good time? After the qop has tanked the economy as usual?

Never a prob giving the rich and corporations tax breaks and subsidies - "It's always a good time for that kind of welfare" - right... The economy and markets etc have been on the up and up since Obama became Prez and pulled us out of the ditch.. No time like the present to do this.. The 1% do not need any helping hand, only a tax increase and implementation of a way way overdue 'wealth tax'...

This market bubble needs to burst.. High time to Increase capital gains ("lazy man tax") & eliminate corporate subsidies for all fossil fuels etc.. Increase subsidies for alternative non-fossil fuels and encourage the economy in the right future & direction.. Definitely time to pick the winners and losers - and the fossil fuel industrial complex are definitely nothing but a bunch of losers

Government also needs to push themselves into health care much more by flat out banning shit foods like 'high fructose corn syrup' - the farmers involved may be pissed, but so were tobacco farmers, asbestos manufacturers, coal miners etc etc.. - get over it - and quit betting on losers

'We The people' - i.e. the 'government' ultimately end up paying this bill in the long run.. "Privatize the profits and socialize the costs" - Hell yeah - well fuck that shit.. Bad is bad - period....

High time to push a 'green' based economy, 'socialist' agenda and the 'welfare state'..

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There are NO white people at all in the Bible... take all the time you need with that...
Please stop feeding the trolls - they will go away if you do...

Edited: 04/30/2021 at 10:42 AM by surfsail

Never a good time. Always hurts the economy. No way to avoid it. But now that I am losing money and the gov't is giving me money, I will find a way to live with it. I need to apply for food stamps. Can you get booze with food stamps?

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I :heart; Q

Damn. Looked it up. They means test SNAP. What kind of BS is that? Biden needs to fix that crap.

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I :heart; Q

now

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"One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky.

They should have been leveled out in Trump's second year. Trump's cuts put us in a hole we will never escape from and they did very little to help the average working American.



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I was right.

Tax revenues went up after Trumps's tax cuts. So they did not put us in a hole. Spending did. Didn't help the working man? Lowest unemployment in forever didn't help the working man? Wages at the lower end going up relative to the higher end for the first time in decades didn't help the working man? Cole, you are an ignoramus.

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I :heart; Q

I must admit, however, I do get a kick out of you progs avidly calling for more taxes on the rich, thinking it won't affect you. Actually, tax increases on the rich will affect you idiots more than it will the rich. The capital gains revenues on the rich will decrease if they raise it to where Dementia Joe wants it. So the rich will pay less, not more. Who will pay the difference? You fools.

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I :heart; Q

You have not idea wtf you are talking about. You are the fool.

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QOP = Terrorists
FK = Gay

What the difference between a tax cut and giving back the money taken in taxes?

But to be fair, you would have to give more to the poor to equal the amount give to the wealthy.

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I was right.

A 3% increase for those earning 10 bucks an hour, which is better than nothing, but unfortunately, it was all killed by Trump's lack of skill as a president. Sorry Tfap, but three quarters does not make a football game.

And taxes always increase each year, unless the country is in dire straights.



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I was right.

Qspank a dumbass of course. Taxe increase on the wealthy and corporations right now? No problem.

trump actually campaigned that he would increase taxes for the 'rich'. He even said 'I don't mind paying more'. But we saw how that turned out. 2016 was an ideal time since Obama/Biden had the economy roaring. trump only had to ride on the coattails, but like everything he fucked that up too.

Don't listen vote for dotards, they will kill you and wreck the economy.

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QOP = Terrorists
FK = Gay

When the middle class was the strongest it's ever been the top rates were like 80%.




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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".

'Happy Days' time with the Fonz etc - mid 50's the middle class was doing good - so were the unions - an the top rate was like ~95% on top dollar.. Heath care also did not cost anything like it does now.. Bend over Rover - and bring the KY!! Tax man coming for you!!! Open wide!! Say.. "ahhhhhhh"...

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There are NO white people at all in the Bible... take all the time you need with that...
Please stop feeding the trolls - they will go away if you do...

Federal Income Tax Brackets (Tax Year 1955) ARCHIVES

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Tax Bracket Tax Rate

---

$0.00+ 20% $2,000.00+ 22% $4,000.00+ 26% $6,000.00+ 30%

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Romans 8;18-32 John 3;16-18

The best time to raise taxes is when tpap gets a raise!

I kid.......

Edited: 05/01/2021 at 03:43 PM by theglide

Not going to happen. As I have said, I am losing money hand over fist. It's just terrible what Biden has done to me. But, at least I don't have to worry about any tax increases and should be getting some money from the gov't. If you can't beat them, join them. Being poor ain't so bad.

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I :heart; Q

Yeah, sure you are...such drama queens you qotards


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QOP = Terrorists
FK = Gay

Well, that's a lie, you just said Biden was making you more rich the other day and that he is great for the rich people.



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I was right.

https://www.politifact.com/factchecks/2009/oct/02/michael-moore/michael-moores-film-capitalism-claims-richest-paid/

*************.

....."Considering that the top marginal tax rate for the wealthiest Americans today is 35 percent, that figure seems astounding. But it's true that in the 1950s, the top marginal tax rates were over 90 percent......"

,,..."So in 1955, for example, when the top marginal tax rate was 91 percent, that was the tax rate owed on a person's income over $300,000. That person would, however, pay 20 percent on the first $2,000 of income; 21 percent on the next $2,000 in income; 24 percent on the next $2,000 and graduated on up to the highest rate. On average, a person making, say, $500,000 would pay substantially less than 90 percent of their income in federal taxes.".....

***********

We are not talking 'average' tax rates but 'marginal' ('top dollar') tax rates..

The threshold back then was about 300$k.. even if you raised this to 10 mil, the 'billionaires' would be effectively paying most of their taxes at the top dollar rates..

The current level of income disparity did not exist in the 50's.. Not many were in the 300k$ category.. Different nowadays even if you adjust the 300k for inflation..For someone with an income of 100$ mil, their effective/average rate would be getting pretty close to 90%

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There are NO white people at all in the Bible... take all the time you need with that...
Please stop feeding the trolls - they will go away if you do...

Edited: 05/05/2021 at 07:43 AM by surfsail

In the 50's something like 10 people paid the 90% rate. There were a lot more deductions back then. So, the average rate for high earners was about where it is now. No one in their right mind would stand for paying 90%. Ask the Rolling Stones.

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I :heart; Q

Stones didn't last long in Morrocco if I remember correctly.. A year or 2? Spme heavy parting fer sure! Got your plane ticket to Russia as yet?

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There are NO white people at all in the Bible... take all the time you need with that...
Please stop feeding the trolls - they will go away if you do...

93% tax rate. They left for France. No one would pay that rate. Why work for nothing?

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I :heart; Q

http://www.brookings.edu/polic...s-act-pay-for-itself/

"The TCJA did not pay for itself, nor is it likely to do so in the future. There are many debates to have about the TCJA, but whether it raised or reduced revenues in 2018 should not be one of them."

There's no fool like an old fool. Tpap, you're too old to keep believing in the fairytale that tax cuts pay for themselves.



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"One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky.

The album done in France was Exile on Main Street named because they felt like exiles from Great Britain due to the tax rate.