06 Feb 23
"Billionaires paid 23% of their income in federal, state, and local taxes in 2018, according to an analysis of tax data by the University of California at Berkeley's Emmanuel Saez and Gabriel Zucman for their upcoming book "The Triumph of Injustice." The average American, meanwhile, paid 28%."
https://www.businessinsider.com/american-billionaires-paid-less-taxes-than-working-class-wealth-gap-2019-10
@no1marauder saidThe 'tax breaks that are there for the wealthy were put there for a reason. Current-day breaks would be the tax deduction for electric cars, which are not bought by poor folks.
"Billionaires paid 23% of their income in federal, state, and local taxes in 2018, according to an analysis of tax data by the University of California at Berkeley's Emmanuel Saez and Gabriel Zucman for their upcoming book "The Triumph of Injustice." The average American, meanwhile, paid 28%."
https://www.businessinsider.com/american-billionaires-paid-less-taxes-than-working-class-wealth-gap-2019-10
You guys hate farm subsidies, which is a farmer tax break. It is there for a reason. You can google all the reasons, but the reasons result in economic prosperity, freeing up the really smart guys, who get rich and run this country and deliver a package to my door from Brazil in 8 hours. Who in the HELL do you think will do such things if you continue to let the government creep in? Who? Certainly not the government.
Do you really love the govt that much? Y'all cannot be dependents. You must be shielding the dependents, that is the only thing I can think of which keeps you carrying the (govt) flag. Most of the rich whom y'all harp about have their on flags......me, I always get out of their way.
06 Feb 23
@no1marauder saidHe didn't deliver on immigration, or the economy, or limits on government influence/size. He bumbled through covid. It's all good though because Trump owned the libs. Hard .
Trump's tax cuts blew up the deficit while failing to deliver any growth:
"CBO released its regular update to the economic and budget outlook on January 28. The new estimates show a deficit of $1 trillion for 2020. This is the equivalent of 4.6% of gross domestic product. The federal budget deficit will grow to 5.4% of GDP by 2030, according to GDP.
This is a much w ...[text shortened]... s-wasteful-tax-cuts-lead-to-continued-trillion-dollar-deficits-in-expanding-economy/?sh=2651b32566c4
@averagejoe1 saidYou're a pathetic bootlicker like most right wingers.
The 'tax breaks that are there for the wealthy were put there for a reason. Current-day breaks would be the tax deduction for electric cars, which are not bought by poor folks.
You guys hate farm subsidies, which is a farmer tax break. It is there for a reason. You can google all the reasons, but the reasons result in economic prosperity, freeing up the really sm ...[text shortened]... Most of the rich whom y'all harp about have their on flags......me, I always get out of their way.
A democratic government making economic decisions is much preferable to the plutocracy you worship due to your inferiority complex.
06 Feb 23
@wildgrass saidTrump didn't deliver on immigration ? Can you tell us what you mean by that? I could make a joke, Biden sure 'delivered' the immigrants, but I seriously wonder what you mean as you say the wall-builder did not deliver on immigration .
He didn't deliver on immigration, or the economy, or limits on government influence/size. He bumbled through covid. It's all good though because Trump owned the libs. Hard .
06 Feb 23
@no1marauder saidSo you want government involved in the natural flow of economy day in and day out, which is normally left up to the parties who are the economy? Just askin'. No more free exchange, but rather restrictions thereon? creepy
You're a pathetic bootlicker like most right wingers.
A democratic government making economic decisions is much preferable to the plutocracy you worship due to your inferiority complex.
06 Feb 23
@averagejoe1 saidThere is no such thing as a "natural flow of the economy." Economic systems are man made. The question is whether that system will serve the interests of the majority of the People or just the interests of the privileged few.
So you want government involved in the natural flow of economy day in and day out, which is normally left up to the parties who are the economy? Just askin'. No more free exchange, but rather restrictions thereon? creepy
Your answer is incompatible with human liberty and our basic nature.
06 Feb 23
@averagejoe1 saidThis is the story those who want the few to dominate the many always tell; that those few are superior to the rest of us and "deserve" to have power and that the majority are ignorant sheep who need to be told what they must do.
The 'tax breaks that are there for the wealthy were put there for a reason. Current-day breaks would be the tax deduction for electric cars, which are not bought by poor folks.
You guys hate farm subsidies, which is a farmer tax break. It is there for a reason. You can google all the reasons, but the reasons result in economic prosperity, freeing up the really sm ...[text shortened]... Most of the rich whom y'all harp about have their on flags......me, I always get out of their way.
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06 Feb 23
@no1marauder saidseems your leftist web site is biased…
Trump's tax cuts blew up the deficit while failing to deliver any growth:
"CBO released its regular update to the economic and budget outlook on January 28. The new estimates show a deficit of $1 trillion for 2020. This is the equivalent of 4.6% of gross domestic product. The federal budget deficit will grow to 5.4% of GDP by 2030, according to GDP.
This is a much w ...[text shortened]... s-wasteful-tax-cuts-lead-to-continued-trillion-dollar-deficits-in-expanding-economy/?sh=2651b32566c4
https://www.heritage.org/taxes/commentary/trumps-tax-cuts-worked-tax-hikes-now-will-kneecap-economic-recovery-covid-19
And what did democrats do? RAISED TAXES on the middle class!
06 Feb 23
@averagejoe1 saidsupport capitalism, you would realize how monopolies, especially in agriculture, are destroying farmers and ranchers, except for the giant few.
The 'tax breaks that are there for the wealthy were put there for a reason. Current-day breaks would be the tax deduction for electric cars, which are not bought by poor folks.
You guys hate farm subsidies, which is a farmer tax break. It is there for a reason. You can google all the reasons, but the reasons result in economic prosperity, freeing up the really sm ...[text shortened]... Most of the rich whom y'all harp about have their on flags......me, I always get out of their way.
https://www.forbes.com/sites/johnmauldin/2019/04/11/america-has-a-monopoly-problem/?sh=764639752972
06 Feb 23
@mott-the-hoople saidThat article's predictions couldn't have been more wrong;
seems your leftist web site is biased…
https://www.heritage.org/taxes/commentary/trumps-tax-cuts-worked-tax-hikes-now-will-kneecap-economic-recovery-covid-19
And what did democrats do? RAISED TAXES on the middle class!
Employers added a record 6.74 million workers to nonfarm payrolls in 2021 and followed that up by hiring an additional 4.50 million workers in 2022 — the second-best year on record. The strong labor market allowed the economy to recoup all 22 million workers that were let go in the early days of the Covid-19 pandemic — and then some. The unemployment rate is back to a five-decade low of 3.5%.
https://www.bloomberg.com/graphics/2023-opinion-how-to-assess-joe-biden-second-year-in-office/
Trump's budget busting tax cuts came nowhere near producing such results nor claims that they would result in sustained growth in GNP of 5%.
06 Feb 23
@averagejoe1 saidThe number of illegals in the US continued to rise throughout trump's presidency. The rate of deportations went down because fewer agents were assigned to interior enforcement. There was a huge surge of illegal crossings at the southern border. Businesses were never required to verify that their employees are legally allowed to work at their company.
Trump didn't deliver on immigration ? Can you tell us what you mean by that? I could make a joke, Biden sure 'delivered' the immigrants, but I seriously wonder what you mean as you say the wall-builder did not deliver on immigration .
These failures were mostly due to a misaligned focus on what is needed to enforce existing illegal immigration laws. I'm not saying Biden is doing any better but his excuse is that he didn't promise to fix it.
Implement e-verify nationwide and our illegal immigration crisis goes away. Trump said he'd do it and didn't. It would be easy.
06 Feb 23
@no1marauder saidMarauder is saying "Stop The Tax Breaks!" It is on a poster he carries around.
This is the story those who want the few to dominate the many always tell; that those few are superior to the rest of us and "deserve" to have power and that the majority are ignorant sheep who need to be told what they must do.
Of course, without tax breaks or subsidies, , the farmers who need subsidies will fail. Businessmen need to reinvest into their businesses to make more business, more goods, more services. All of humanity (sorry so dramatic) enjoy the fruits of the business. To do this the govt allows the businessman tax breaks to minimize his tax bill, and everyone is happy.
Do y'all hate rich people so much that you would sacrifice the products we enjoy just to be spiteful?.
Really......you think there was a nefarious intent, that there was no justification for all the tax loopholes in this richest country in the world? And this comment y'all keep making...'they only pay 28%!!' Well, if there were no breaks, they could not grow their companies. They would be paying 90% and just go away, Then we would a LOT longer for that latest Apple iPhone.
I am curious as to why you do not have the intellect to grasp this concept, and to realize the beauty of these incentives for businessmen to get rich. And make others, probably you, rich.
Think of it.....y'all lose sleep at night because 750 people (out of 335M) are billionaires. Why, doggone it, you are not going to take it anymore, you will hound them like you hounded Trump.
It is pure silly. I want Jobs to make me a new phone, then go off on his yacht to heaven.
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06 Feb 23
@wildgrass said“The number of illegals in the US continued to rise throughout trump's presidency.”
The number of illegals in the US continued to rise throughout trump's presidency. The rate of deportations went down because fewer agents were assigned to interior enforcement. There was a huge surge of illegal crossings at the southern border. Businesses were never required to verify that their employees are legally allowed to work at their company.
These failures were ...[text shortened]... de and our illegal immigration crisis goes away. Trump said he'd do it and didn't. It would be easy.
define “illegal”.
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06 Feb 23
@averagejoe1 saidliberals dont need farmers, they will just get their food at a grocery store. 🙄
Marauder is saying "Stop The Tax Breaks!" It is on a poster he carries around.
Of course, without tax breaks or subsidies, , the farmers who need subsidies will fail. Businessmen need to reinvest into their businesses to make more business, more goods, more services. All of humanity (sorry so dramatic) enjoy the fruits of the business. To do this the govt allow ...[text shortened]... .
It is pure silly. I want Jobs to make me a new phone, then go off on his yacht to heaven.