“Guess on experts on everything should be allowed to vote”
There wasn't a disagreement. SO, that's an inaccurate statement. Like I said, I will say phrases or express myself based on my up bringing and culture. We use double negatives and say things that make people like mad regularly. I won't apologize for growing up in the black culture and I won't correct it to please you or anyone on this board. If it bothers you, then that is a, you problem. You hear or read bad grammar, my people hear normal. I am ok with that.
Like I said, until you learn to read my post and respond to what I actually wrote. Ill ignore you. I can't spend majority of my time saying, "I didn't say that", "did you read it" what are you talking about".
That's a start. And you're right, entitled is the wrong word.
I think bonuses should be taxed over a certain amount, thats why i hate it. When I reach that amount then I'll be ok with it. So I'm not anti taxing bonuses.
We discussed this at length if I recall.
You are the one always talking about optics. If you enjoy being perceived as stupid when you are not, in point of fact, stupid I believe that's on you.
Assuming that's all true, counterpoint.
I'm sure you don't but we both know that it's offered for a reason even if it's unheeded. Contrary to popular opinion you can learn valuable life lessons from other peoples life experiences.
This is crux of the matter. Bonus i_ for going above and beyond your job description, perhaps an incentive to innovate or find new revenue streams.
I don't believe in optics on a message board.
Logic forces me to ask why you're here, I can't see that as a good use of your time.
I have found, working in this area for a very long time, that this argument doesn't really hold water. My clients worked just as hard if they paid 40% tax or 20% because they are still better off making more money even if it's taxed at a higher rate. And I have seen all kinds of tax rates over the years.
At least he is being honest Fresno, and most on here are not. As someone who has worked in this area most of his life I can tell you a lot of the stuff on here is incorrect info from people who pretend they know more than they do.
That may be, but that is stunning naivete, especially when a 30 second google search can provide a basic framework for what is being discussed ...
Yes, but do you really think a 30 second google search gives you enough knowledge to discuss this with any confidence or depth? I prefer that Kalim just own up to it like he did.
I think it provides a passing familiarity with the subject. No one expects an expert ...
more so than they are entitled to 50+ from successfull workers. the idea of taxing capital at least on par with labor should be obvious. Who do you idiots think make the laws in the country? the poor? nope. the middle class? nope, the people that make a 1mm in ordianry income?? nope.. or the ultra wealthy that live off of their capital, most of which has never been taxed?? most mens and womans wealth are in the present value of thier lifetime earning capacity. why on earth would we have much higher rates on earnings?? i wonder why the power structure wants a moat around their spot in society. 44.6% wont pass because these poeple will never let it pass, wont happen. dust off simpson boles and lets get some sanity back into the system.
they take from the powerless to give to the powerful, the code isnt written for you or me its written for donald trump and his crowd, obviously. they make it as hard as possible to get into the country club. they dont tax 70%+ of the country so its not a voting issue, they know how to hide the ball...
So remind me again why you don't vote to change the tax code?
because the tax code wont change, the country is run by th eultra wealthy. trump made the code worse not better, it put less accountability where its needed, not more. he made the code more progressive and less broad based than it was. biden didnt change trumps code. the sheep like their free shit and the ultra wealthy know who is coming for them..
Obama was a master at tailoring his speech to his audience.
all it does is increase the discount rate so younger people and those trying to accumulate wealth can get in more inexpensively. they need to do away with all the stimi in the housing market too, expensive housing is what prevents people from attaining the american dream. stimi only helps the haves in the system already. all the stimi from covid, 99% of it, went to the top 10% simply making life more difficult for 90%. its not the american way.
he pales in comparison to trump, but you are correct, big o was quite good at misdirection too.
You're deflecting.
Why is the tax rate a problem? He is paying millions in taxes and his secretary is paying thousands.
If you want the gov't to have more of your money, vote Biden.
The story is complete BS. It always has been. Our tax code is highly progressive, Buffet reduces his % with massive capital gains (taxed at a lower rate)...but regardless based on income levels it's impossible she paid 30%.
It doesn't contradict my first paragraph at all. They are separate points.
You're equating capitalism with feudalism now?
Then explain how the gov't is growing exponentially, tax revenues have never been higher, our tax code is getting more and more progressive....but the income inequality gap is rising?
www.pewresearch.org
I will give you a specific example. In 2023 the tax rate for a single individual gets higher than the capital gains rate once they get over $44,725 of taxable income. So lets assume Buffets secretary has $50,000 of taxable income and Warren Buffet has $50 million of taxable income in 2023.
At least you have a sense of humor. That's a positive.
Reading a teleprompter was all he was good at, besides picking brackets.
You're cherry picking a bonus vs a capital gain. This is insane.
It's socialism every time they use this talking point.
taxfoundation.org
