Majority of Americans support 70% top tax rate

allpurpleallgold

https://www.google.com/amp/s/thehill.com/hilltv/what-americas-thinking/425422-a-majority-of-americans-support-raising-the-top-tax-rate-to-70?amp

Whatcha gonna do, brother, when socialism runs wild on you???

Kaepsknee

Shocking. Since about .0001 % would be subject to it.

Jealous bitches always lookin to take you down.

RaceBannon

Warren Buffett doesn't have an income

What we're going to do is run out of toilet paper. For some reason Socialism sucks at toilet paper

Sledog

allpurpleallgold said:

https://www.google.com/amp/s/thehill.com/hilltv/what-americas-thinking/425422-a-majority-of-americans-support-raising-the-top-tax-rate-to-70?amp

Whatcha gonna do, brother, when socialism runs wild on you???

2nd amendment.

allpurpleallgold

Insults, Venezuela and threaten with guns.

When I said you guys suck at arguing I was waaaaaay off.

2001400ex

RaceBannon said:

Warren Buffett doesn't have an income

What we're going to do is run out of toilet paper. For some reason Socialism sucks at toilet paper

Buffet doesn't have an income? You have said a lot of stupid shit. And I have said a lot of stupid shit. But that's gay Bob level stupidity right there.

RaceBannon

allpurpleallgold said:

Insults, Venezuela and threaten with guns.

When I said you guys suck at arguing I was waaaaaay off.

They really do run out

You can look it up and not just Venezuela

We're nowhere near walls don't work the worst argument ever

RaceBannon

2001400ex said:

RaceBannon said:

Warren Buffett doesn't have an income

What we're going to do is run out of toilet paper. For some reason Socialism sucks at toilet paper

Buffet doesn't have an income? You have said a lot of stupid shit. And I have said a lot of stupid shit. But that's gay Bob level stupidity right there.

You think he pays income tax?

Someone here is stupid

allpurpleallgold

RaceBannon said:

allpurpleallgold said:

Insults, Venezuela and threaten with guns.

When I said you guys suck at arguing I was waaaaaay off.

They really do run out

You can look it up and not just Venezuela

We're nowhere near walls don't work the worst argument ever

I can’t give you a chin for that but you earned a chin. Here’s 30% of a chin.

2001400ex

RaceBannon said:

2001400ex said:

RaceBannon said:

Warren Buffett doesn't have an income

What we're going to do is run out of toilet paper. For some reason Socialism sucks at toilet paper

Buffet doesn't have an income? You have said a lot of stupid shit. And I have said a lot of stupid shit. But that's gay Bob level stupidity right there.

You think he pays income tax?

Someone here is stupid

Yes he does pay income tax. If nothing else on his $100k in salary.

But ok! Buffet makes no money and pays no income tax. Walls will keep almost all the drugs and illegals coming across the border too.

Kaepsknee

RaceBannon said:

Warren Buffett doesn't have an income

What we're going to do is run out of toilet paper. For some reason Socialism sucks at toilet paper

allpurpleallgold said:

Insults, Venezuela and threaten with guns.

When I said you guys suck at arguing I was waaaaaay off.

So you were expecting healthy debate after that poast?

RaceBannon

J Paul Getty was the first billionaire in the days of 90% rates and never claimed income while living like a king

So Buffet takes a 110K salary and is worth 60 billion or so. And won't pay a dime of that 70% income tax

Burger flippers make lousy accountants

RaceBannon

The burger flipper was all over the flat tax telling us how tuff it is to decided what kind of income there is.

Guess he changed his mind

2001400ex

RaceBannon said:

J Paul Getty was the first billionaire in the days of 90% rates and never claimed income while living like a king

So Buffet takes a 110K salary and is worth 60 billion or so. And won't pay a dime of that 70% income tax

Burger flippers make lousy accountants

If the tax was 70% of income over $10 million. He actually will pay it.

Race. Ignorant as always.

RaceBannon

You said yourself he makes 100 grand

Are you advocating the capital gains tax go to 70%

Are you too stupid to follow along?

2001400ex

RaceBannon said:

You said yourself he makes 100 grand

Are you advocating the capital gains tax go to 70%

Are you too stupid to follow along?

Nope. Try again. Google is your friend.

BTW it's not from Berkshire, they don't pay dividends and he never sells stock.

(Here's a hint, in 2011 or so he released his financial information.)

RaceBannon

You said he makes 100 grand. Were you lying?

He might be one of the richest people in the world, but Warren Buffett has actually been making the same salary at Berkshire Hathaway for decades — and it's surprisingly low.

As the Chairman and CEO of the holding company he founded, Buffett made a $100,000 salary in 2017, according to a recent regulatory filing reported by Reuters. Meanwhile, Berkshire paid its median employee $53,510 in 2017. That means Buffett makes less than twice as much as his typical employee.

According to Marketwatch, Buffett earns no other compensation or bonus. However he does currently own 283,000 shares of Berkshire Hathaway Class A stock, which closed at $310,630 on Friday. It makes up the bulk of his nearly $88 billion fortune.


There is no other income that would be taxed at anywhere near 70%

Like I said, Getty never made a penny and was the richest man in the history of the world

Flip those burgers

2001400ex

Race. Fucking Ignorant as always.

https://www.forbes.com/sites/quora/2018/01/30/how-does-warren-buffett-achieve-liquidity-without-selling-berkshire-hathaway-shares/

He owns a separate retirement fund with about $40 million a year in dividends.

RaceBannon

2001400ex said:

Race. Fucking Ignorant as always.

https://www.forbes.com/sites/quora/2018/01/30/how-does-warren-buffett-achieve-liquidity-without-selling-berkshire-hathaway-shares/

He owns a separate retirement fund with about $40 million a year in dividends.

Are dividends taxed as income?

Fuck off

2001400ex

RaceBannon said:

The burger flipper was all over the flat tax telling us how tuff it is to decided what kind of income there is.

Guess he changed his mind

Yes determination of income is difficult for millions of Americans. Which is what keeps CPAs in business.

And what keeps simple minds voting Republican is "you can file your tax return on a post card."

RaceBannon

I'd change the subject too

You just showed you have no clue how income is determined