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Post by freonbale on Sept 8, 2024 18:42:42 GMT
America is spending more than it is producing in taxes, and both sides have strategies to deal with the problem.
Neither are suggesting we spend less, so I'm not even going to discuss it here, even though, obviously, it should be done.
On the Dems side, the consistent approach to acquiring more funds is to tax the rich and corporations, who they feel not only have the most money, but are the least held accountable for it.
Donald has suggested we get more funds by taxing imports, and I'm just curious how people feel about that.
For myself, it's pretty simple math. If imported goods are taxed, they will pass that cost onto the consumer, and everything that currently costs a lot, will cost us more. No thanks. And maybe some will argue that by doing so, it encourages spending on domestic products, instead of foreign, but to that I say the reason I don't buy domestic is because the quality of the product, and/or its features, are less than the foreign products. If domestic wants my business, they need to build better products. THAT is how we encourage domestic spending.
Government should not be telling me what products I should buy, and what products I shouldn't.
But I guess the Donald lovers think this is all ok, right?
Freon
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Odysseus
Legend
Trump = Disaster
Posts: 41,115
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Post by Odysseus on Sept 8, 2024 19:17:59 GMT
Well, one solution would be to avoid higher cost imported goods.
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Post by atreyu on Sept 8, 2024 19:46:06 GMT
America is spending more than it is producing in taxes, and both sides have strategies to deal with the problem. Neither are suggesting we spend less, so I'm not even going to discuss it here, even though, obviously, it should be done. On the Dems side, the consistent approach to acquiring more funds is to tax the rich and corporations, who they feel not only have the most money, but are the least held accountable for it. Donald has suggested we get more funds by taxing imports, and I'm just curious how people feel about that. For myself, it's pretty simple math. If imported goods are taxed, they will pass that cost onto the consumer, and everything that currently costs a lot, will cost us more. No thanks. And maybe some will argue that by doing so, it encourages spending on domestic products, instead of foreign, but to that I say the reason I don't buy domestic is because the quality of the product, and/or its features, are less than the foreign products. If domestic wants my business, they need to build better products. THAT is how we encourage domestic spending. Government should not be telling me what products I should buy, and what products I shouldn't. But I guess the Donald lovers think this is all ok, right? Freon
The MAGA answer has always been to increase taxes on the middle income and poor. While talking out the sides of their mouths that "other countries are paying the tariffs".
Like your conclusion, there has to be both, hold the very rich accountable -- a good start is just making them pay the taxes that already owed. Cut spending.
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Post by freonbale on Sept 8, 2024 20:26:03 GMT
Well, one solution would be to avoid higher cost imported goods.
But as I said, in many cases that forces us to buy domestic products which are not as good. If domestic products are made better, I'll buy them. A tax shouldn't be the incentive for me to do so. Freon |
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Post by rabbitreborn on Sept 8, 2024 21:40:46 GMT
America is spending more than it is producing in taxes, and both sides have strategies to deal with the problem. Neither are suggesting we spend less, so I'm not even going to discuss it here, even though, obviously, it should be done. On the Dems side, the consistent approach to acquiring more funds is to tax the rich and corporations, who they feel not only have the most money, but are the least held accountable for it. Why would one need to be “held accountable” for having money? |
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Post by RinsePrius on Sept 8, 2024 22:19:20 GMT
One thing we can all agree on, left and right, is that 20% across the board tariffs would be inflationary and highly regressive.
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Odysseus
Legend
Trump = Disaster
Posts: 41,115
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Post by Odysseus on Sept 8, 2024 23:08:22 GMT
Well, one solution would be to avoid higher cost imported goods.
But as I said, in many cases that forces us to buy domestic products which are not as good. If domestic products are made better, I'll buy them. A tax shouldn't be the incentive for me to do so. Freon
With that I would disagree. Food products, essential for existence, are good and plentiful. Even most mfg products are great. Are you looking in the wrong spots?
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Post by Fiddler on Sept 8, 2024 23:08:56 GMT
America is spending more than it is producing in taxes, and both sides have strategies to deal with the problem. Neither are suggesting we spend less, so I'm not even going to discuss it here, even though, obviously, it should be done. On the Dems side, the consistent approach to acquiring more funds is to tax the rich and corporations, who they feel not only have the most money, but are the least held accountable for it. Why would one need to be “held accountable” for having money? LMAO.. Cute..
Damn, the way you shy away from avoiding the obvious .. It's like a superpower. ..
However ..to your credit.. I'm sure Bezos, Musk, Zuckerberg, .. etc.. really Really REALLY appreciate you looking out for their hundreds of Billions ..
Because Hell.. You never know if someday they won't try to get YOU to support the system YOU exploited to get YOUR Billions ..
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Post by rabbitreborn on Sept 8, 2024 23:34:32 GMT
Why would one need to be “held accountable” for having money? LMAO.. Cute..
Damn, the way you shy away from avoiding the obvious .. It's like a superpower. ..
However ..to your credit.. I'm sure Bezos, Musk, Zuckerberg, .. etc.. really Really REALLY appreciate you looking out for their hundreds of Billions ..
Because Hell.. You never know if someday they won't try to get YOU to support the system YOU exploited to get YOUR Billions ..
Envy is a terrible way to go through life. There are a ton of people who would kill to have an American upper middle class lifestyle. Be content and stop looking at other people’s bank accounts. |
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Post by Fiddler on Sept 8, 2024 23:58:31 GMT
LMAO.. Cute..
Damn, the way you shy away from avoiding the obvious .. It's like a superpower. ..
However ..to your credit.. I'm sure Bezos, Musk, Zuckerberg, .. etc.. really Really REALLY appreciate you looking out for their hundreds of Billions ..
Because Hell.. You never know if someday they won't try to get YOU to support the system YOU exploited to get YOUR Billions ..
Envy is a terrible way to go through life. There are a ton of people who would kill to have an American upper middle class lifestyle. Be content and stop looking at other people’s bank accounts. LOLOLOLOOL .. . .
Yea.. That's why billionaires shouldn't be asked to contribute as much as the rest of us..
Cheesus you're gullible .. Wow.. Just Wow..
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Post by RinsePrius on Sept 9, 2024 0:02:15 GMT
Envy is a terrible way to go through life. There are a ton of people who would kill to have an American upper middle class lifestyle. Be content and stop looking at other people’s bank accounts. LOLOLOLOOL .. . .
Yea.. That's why billionaires shouldn't be asked to contribute as much as the rest of us..
Cheesus you're gullible .. Wow.. Just Wow..
What's funny to me is his post is basically word-for-word my argument for making billionaires pay taxes. |
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Post by rabbitreborn on Sept 9, 2024 0:06:28 GMT
Envy is a terrible way to go through life. There are a ton of people who would kill to have an American upper middle class lifestyle. Be content and stop looking at other people’s bank accounts. LOLOLOLOOL .. . .
Yea.. That's why billionaires shouldn't be asked to contribute as much as the rest of us..
Cheesus you're gullible .. Wow.. Just Wow..
You think you pay more in taxes to the government than billionaires? Shit man. You must be doing very well. Congratulations! |
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Post by Fiddler on Sept 9, 2024 0:15:27 GMT
LOLOLOLOOL .. . .
Yea.. That's why billionaires shouldn't be asked to contribute as much as the rest of us..
Cheesus you're gullible .. Wow.. Just Wow..
You think you pay more in taxes to the government than billionaires? Shit man. You must be doing very well. Congratulations! Good grief.. Even if not a progressive tax .. do you understand percentages at all .. ? |
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sokpupet
Legend
Go Dark Brandon!
Posts: 6,239
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Post by sokpupet on Sept 9, 2024 0:18:16 GMT
America is spending more than it is producing in taxes, and both sides have strategies to deal with the problem. Neither are suggesting we spend less, so I'm not even going to discuss it here, even though, obviously, it should be done. On the Dems side, the consistent approach to acquiring more funds is to tax the rich and corporations, who they feel not only have the most money, but are the least held accountable for it. Why would one need to be “held accountable” for having money? The tax system “field” is not level in any way, shape or form. It isn’t punishing; but correcting. Since kids continue to take their parent’s/their own/friend etc. guns and murder children, teens and adults, we are now beginning to hold the parents accountable. Something like that. A correction. |
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Post by rabbitreborn on Sept 9, 2024 0:31:41 GMT
You think you pay more in taxes to the government than billionaires? Shit man. You must be doing very well. Congratulations! Good grief.. Even if not a progressive tax .. do you understand percentages at all .. ? You’re using a progressive math that 20% of a billionaire’s earnings is helping fund the government less than 25% of a guy making $200,000 per year. It’s not. But it is why many billionaires support a progressive income tax rate. It earns them progressive worship when they’ve already earned all of the direct income they need. |
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Post by Fiddler on Sept 9, 2024 0:41:57 GMT
Good grief.. Even if not a progressive tax .. do you understand percentages at all .. ? You’re using a progressive math that 20% of a billionaire’s earnings is helping fund the government less than 25% of a guy making $200,000 per year. It’s not. But it is why many billionaires support a progressive income tax rate. It earns them progressive worship when they’ve already earned all of the direct income they need. Obviously.. Having to suffer with funds amounting to $200,000,000 is much more challenging than with $50,000 ..
BTW.. I hear that Bezos is very complimentary of your enthusiasm as a bottom ..
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Post by archie on Sept 9, 2024 0:45:07 GMT
America is spending more than it is producing in taxes, and both sides have strategies to deal with the problem. Neither are suggesting we spend less, so I'm not even going to discuss it here, even though, obviously, it should be done. On the Dems side, the consistent approach to acquiring more funds is to tax the rich and corporations, who they feel not only have the most money, but are the least held accountable for it. Donald has suggested we get more funds by taxing imports, and I'm just curious how people feel about that. For myself, it's pretty simple math. If imported goods are taxed, they will pass that cost onto the consumer, and everything that currently costs a lot, will cost us more. No thanks. And maybe some will argue that by doing so, it encourages spending on domestic products, instead of foreign, but to that I say the reason I don't buy domestic is because the quality of the product, and/or its features, are less than the foreign products. If domestic wants my business, they need to build better products. THAT is how we encourage domestic spending. Government should not be telling me what products I should buy, and what products I shouldn't. But I guess the Donald lovers think this is all ok, right? Freon There may be a foreign product a bit better than our same American products. Can you name a few? |
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Post by rabbitreborn on Sept 9, 2024 1:02:05 GMT
You’re using a progressive math that 20% of a billionaire’s earnings is helping fund the government less than 25% of a guy making $200,000 per year. It’s not. But it is why many billionaires support a progressive income tax rate. It earns them progressive worship when they’ve already earned all of the direct income they need. Obviously.. Having to suffer with funds amounting to $200,000,000 is much more challenging than with $50,000 ..
BTW.. I hear that Bezos is very complimentary of your enthusiasm as a bottom ..
No need for me to be envious of billionaires. I’m guessing I’m as happy as most of them. Happier than some, certainly. As you get wiser, you see what’s important more clearly. |
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Post by archie on Sept 9, 2024 1:08:33 GMT
America is spending more than it is producing in taxes, and both sides have strategies to deal with the problem. Neither are suggesting we spend less, so I'm not even going to discuss it here, even though, obviously, it should be done. On the Dems side, the consistent approach to acquiring more funds is to tax the rich and corporations, who they feel not only have the most money, but are the least held accountable for it. Donald has suggested we get more funds by taxing imports, and I'm just curious how people feel about that. For myself, it's pretty simple math. If imported goods are taxed, they will pass that cost onto the consumer, and everything that currently costs a lot, will cost us more. No thanks. And maybe some will argue that by doing so, it encourages spending on domestic products, instead of foreign, but to that I say the reason I don't buy domestic is because the quality of the product, and/or its features, are less than the foreign products. If domestic wants my business, they need to build better products. THAT is how we encourage domestic spending. Government should not be telling me what products I should buy, and what products I shouldn't. But I guess the Donald lovers think this is all ok, right? Freon
The MAGA answer has always been to increase taxes on the middle income and poor. While talking out the sides of their mouths that "other countries are paying the tariffs".
Like your conclusion, there has to be both, hold the very rich accountable -- a good start is just making them pay the taxes that already owed. Cut spending.
You are just another dumb democrat. The more you make, the more you pay. How much income tax do the top earners pay? Most of the government’s federal income tax revenue comes from the nation’s top income earners. In 2021, the top 5% of earners — people with incomes $252,840 and above — collectively paid over $1.4 trillion in income taxes, or about 66% of the national total. If you include the top 10% — everyone who made at least $169,800 — that figure rises to $1.7 trillion, or 76% of the total. The top 50% of earners contributed 97.7% of federal income tax revenue. Now you pay, or stfu. |
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Post by archie on Sept 9, 2024 1:12:26 GMT
One thing we can all agree on, left and right, is that 20% across the board tariffs would be inflationary and highly regressive. Yes, everyone should be told by the government how much the wealthy pay. And be thankful for them and consider themselves a bit lucky. |
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