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Elizabeth Warren proposes 'wealth tax' on Americans with more than $50 million in assets

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Comments

  • MikeDamoneMikeDamone Member Posts: 37,781
    2001400ex said:

    I have a residence and a business in Montana. How is that tax fraud? Axing for a fren.

    Hondo lying again. Said he had a business in Montana for a year and then transferred it to wa. Now his business in Montana.
  • 2001400ex2001400ex Member Posts: 29,457


    Hondo lying again. Said he had a business in Montana for a year and then transferred it to wa. Now his business in Montana.
    I never said I transferred a business to WA. I live in Spokane. Have a job here. Part owner of a business in Montana and have another residence there. Reading hard for you?
  • 2001400ex2001400ex Member Posts: 29,457

    So what are the policies I am advocating? What policies do a advocate with consumption tax? You seem to know since you know the consequences. So let everyone know the policies I advocate for. You’ve “outlined” nothing.
    Then stop being a bitch and explain it.
  • SFGbobSFGbob Member Posts: 33,181
    2001400ex said:

    So you want no income tax and a VAT instead. Welcome to the last page of this thread. And I've outlined the consequences of that twice, to which you disagree.
    Was that where you lied about the amount paid by the rich in income taxes now compared to the 1950s Hondo?

  • 2001400ex2001400ex Member Posts: 29,457
    SFGbob said:

    Was that where you lied about the amount paid by the rich in income taxes now compared to the 1950s Hondo?

    STFU Bob. Because you can't comprehend it, doesn't make it a lie.
  • SFGbobSFGbob Member Posts: 33,181
    2001400ex said:

    STFU Bob. Because you can't comprehend it, doesn't make it a lie.
    Oh I comprehend just fine Hondo. Your both a liar and moron.


    When I stated accurately the rich today pay a greater percentage of all the income taxes paid. You responded:


    No. They. Don't. And yes I discussed that.... Back Then they paid 42% per your fucking quote. And now they pay 34%.

    Only one tiny problem there dumbfuck. The "quote" I provided didn't say they paid 42% of all income taxes.

    It said:

    How could it be that the tax code of the 1950s had a top marginal tax rate of 91 percent, but resulted in an effective tax rate of only 42 percent on the wealthiest taxpayers? In fact, the situation is even stranger. The 42.0 percent tax rate on the top 1 percent takes into account all taxes levied by federal, state, and local governments, including: income, payroll, corporate, excise, property, and estate taxes.

    So are you a liar or a dumbfuck or both Hondo?
  • SledogSledog Member Posts: 35,245 Standard Supporter
    2001400ex said:

    I never said I transferred a business to WA. I live in Spokane. Have a job here. Part owner of a business in Montana and have another residence there. Reading hard for you?
    Do traveling burger flippers get paid well?
  • 2001400ex2001400ex Member Posts: 29,457
    SFGbob said:

    Oh I comprehend just fine Hondo. Your both a liar and moron.


    When I stated accurately the rich today pay a greater percentage of all the income taxes paid. You responded:


    No. They. Don't. And yes I discussed that.... Back Then they paid 42% per your fucking quote. And now they pay 34%.

    Only one tiny problem there dumbfuck. The "quote" I provided didn't say they paid 42% of all income taxes.

    It said:

    How could it be that the tax code of the 1950s had a top marginal tax rate of 91 percent, but resulted in an effective tax rate of only 42 percent on the wealthiest taxpayers? In fact, the situation is even stranger. The 42.0 percent tax rate on the top 1 percent takes into account all taxes levied by federal, state, and local governments, including: income, payroll, corporate, excise, property, and estate taxes.

    So are you a liar or a dumbfuck or both Hondo?

    What the fuck do you think this means? From your quote. Which is the same comparable to the 34% paid in 2017. Fuck man, embarrassing.

    The 42.0 percent tax rate on the top 1 percent takes into account all taxes levied by federal, state, and local governments, including: income, payroll, corporate, excise, property, and estate taxes.
  • SFGbobSFGbob Member Posts: 33,181
    edited January 2019


    Hondo goes with the gibberish defense.


    The rich pay a greater percentage of all income taxes today then they did back in the 1950s when the top marginal rate was over 70%. The only liar here is you Hondo.
  • SFGbobSFGbob Member Posts: 33,181
    Hondo can't comprehend the difference between an income tax and a overall tax rate.
  • MikeDamoneMikeDamone Member Posts: 37,781
    edited January 2019
    2001400ex said:

    Then stop being a bitch and explain it.
    Fuck off. Dumbfuck. You seem to know. If you know the consequences, you must know the policies. Tell me then. Dumbass.
  • MikeDamoneMikeDamone Member Posts: 37,781
    2001400ex said:

    I never said I transferred a business to WA. I live in Spokane. Have a job here. Part owner of a business in Montana and have another residence there. Reading hard for you?

    Have a business for a year Montana , then register in Washington. Somehow you thought that info was pertinent to share regarding how you cheat Washington out of taxes. You even forget your own lies. There are so many.
  • MikeDamoneMikeDamone Member Posts: 37,781
    edited January 2019
    HHusky said:

    Yep. But that’s not true of multiple other items. The sales tax on a $1,500 - 2,000 shopping trip is not insignificant. Think laptops and furniture and countless other things.
    Wrong. It’s against the law to buy anything in Oregon tax free and bring it into the state of Washington for your use and not remit the use tax to Washington. You can pay it quarterly. Again, I’m not surprised you are a tax cheat. Typical of people like you.

    You’re right. The sales tax is not insignificant. That’s why the stare requires you to pay it.
  • 2001400ex2001400ex Member Posts: 29,457


    Have a business for a year Montana , then register in Washington. Somehow you thought that info was pertinent to share regarding how you cheat Washington out of taxes. You even forget your own lies. There are so many.
    No. I said you can create an LLC in Montana. Register the vehicle there then transfer the vehicle to Washington. Read my quote. You read as well as Bob.

    I don't have a fake LLC. I have an actual business there. HTH
  • GrundleStiltzkinGrundleStiltzkin Member Posts: 61,516 Standard Supporter
    I fully support Hondo’s efforts to minimize his tax exposure. I condemn his general attitude that others should have greater exposure.
  • GrundleStiltzkinGrundleStiltzkin Member Posts: 61,516 Standard Supporter

    You do realize that is illegal and is considered tax evasion by the state of Washington, right?
    @HHusky in sum: Tax for thee but not for me.
  • MikeDamoneMikeDamone Member Posts: 37,781
    edited January 2019
    2001400ex said:

    No. I said you can create an LLC in Montana. Register the vehicle there then transfer the vehicle to Washington. Read my quote. You read as well as Bob.

    I don't have a fake LLC. I have an actual business there. HTH
    Except you didn’t say that.

    So you’re still cheating Washington out of tax money. Got It! My original assessment stands after cutting through your gibberish.
  • MikeDamoneMikeDamone Member Posts: 37,781

    I fully support Hondo’s efforts to minimize his tax exposure. I condemn his general attitude that others should have greater exposure.

    Hypocrites are the lowest. And Hondo and HHusky are hypocrites
  • 2001400ex2001400ex Member Posts: 29,457

    Hypocrites are the lowest. And Hondo and HHusky are hypocrites
    El oh El.
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