Pro Publica tax info leak

HHusky

PurpleThrobber said:

Consumption/VAT tax far better than a wealth tax.

Why?

HHusky

HoustonHusky said:

HHusky said:

Administering it would be a challenge, but is a wealth tax really a terrible idea in principle?

Not a bright one...

This is the distinguished, intellectual bored.

We say, "I believe you are in error."

RaceBannon

This isn't an intellectual thread. HTH

I like to complain about "the rich" writing our tax laws as I ask for them to write some more. You like to claim you voted for Reagan so maybe revisit starving the beast and get back to us

6 trillion dollar budget by Joe. Not enough taxes to come close to covering that nut

Good luck the rest of the way

HHusky

RaceBannon said:

This isn't an intellectual thread. HTH

I like to complain about "the rich" writing our tax laws as I ask for them to write some more. You like to claim you voted for Reagan so maybe revisit starving the beast and get back to us

6 trillion dollar budget by Joe. Not enough taxes to come close to covering that nut

Good luck the rest of the way

I simply proposed a change to the tax laws. You and Houston keep complaining that only the rich are allowed to write tax laws. Under the previous administration, perhaps. But it's not a Constitutional requirement.

Baseman

HHusky said:

Administering it would be a challenge, but is a wealth tax really a terrible idea in principle?

Buffett is leaving all his money to charity. Or the government can take it through a wealth tax and piss it away. He's not selling his stock and flaunting it. He still lives in the little shitbox in Omaha Nebraska he bought in the 1950's.

Raise the corporate rate back to 30% on earnings before taxes above $1Billion and lower it for small business owners.

A minimum world earnings tax on corporations is a better way to go. Don't allow the big companies to harbor profits off-shore. If you're going to sell in America you pay tax.

That said, fuck Elizabeth Warren for going after big companies that hire workers and spend billions on infrastructure which benefits everyone. They don't pay tax on the depreciation but the government gets it down the road through after the company captures the full amount. Taking aim at billionaires? What an ignorant cunt.

I'm all for being more progressive but the dumb fucks who blindly go after billionaires are moronic fucktards.

greenblood

PurpleThrobber said:

Consumption/VAT tax far better than a wealth tax.

Granny bought her house in Laurelhurst in 1958 for whatever $45,000?

Now it's worth a gazillion and she's still living there....so he has to come up with an ungodly amount of cash on appreciation without a liquidity event? Fuck that.

Fuck all taxes. Maybe spend a few years reigning in spending instead. You know, like normal businesses have to do.

HHusky needs Granny's money HTH

HHusky

Baseman said:

HHusky said:

Administering it would be a challenge, but is a wealth tax really a terrible idea in principle?

Buffett is leaving all his money to charity. Or the government can take it through a wealth tax and piss it away.

Raise the corporate rate back to 30% on earnings before taxes above $1Billion and lower it for small business owners.

A minimum world earnings tax on corporations is a better way to go. Don't allow the big companies to harbor profits off-shore. If you're going to sell in America you pay tax.

That said, fuck Elizabeth Warren for going after big companies that hire workers and spend billions on infrastructure which benefits everyone. They don't pay tax on the depreciation but the government gets it down the road through after the company captures the full amount. Taking aim at billionaires? What an ignorant cunt.

I'm all for being more progressive but the dumb fucks who blindly go after billionaires are moronic fucktards.

I'm not advocating for Warren's plan. And any wealth tax should start well below $50 million in my opinion. Piketty says starting at 1 million euros--although he concedes that's arbitrary. His figure feels too low to me. But 5 million dollars doesn't. And a benefit of any wealth tax and federal income taxes is encouraging people to give some of their wealth away. That would continue to be the case

RaceBannon

HHusky said:

RaceBannon said:

This isn't an intellectual thread. HTH

I like to complain about "the rich" writing our tax laws as I ask for them to write some more. You like to claim you voted for Reagan so maybe revisit starving the beast and get back to us

6 trillion dollar budget by Joe. Not enough taxes to come close to covering that nut

Good luck the rest of the way

I simply proposed a change to the tax laws. You and Houston keep complaining that only the rich are allowed to write tax laws. Under the previous administration, perhaps. But it's not a Constitutional requirement.

Did congress change?

Oh the democrats are for the little guy.

HHusky

RaceBannon said:

HHusky said:

RaceBannon said:

This isn't an intellectual thread. HTH

I like to complain about "the rich" writing our tax laws as I ask for them to write some more. You like to claim you voted for Reagan so maybe revisit starving the beast and get back to us

6 trillion dollar budget by Joe. Not enough taxes to come close to covering that nut

Good luck the rest of the way

I simply proposed a change to the tax laws. You and Houston keep complaining that only the rich are allowed to write tax laws. Under the previous administration, perhaps. But it's not a Constitutional requirement.

Did congress change?

Oh the democrats are for the little guy.

Hopelessness isn’t a strategy.

RaceBannon

Neither is dementia