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Pro Publica tax info leak

135

Comments

  • PurpleThrobber
    PurpleThrobber Member Posts: 48,489 Standard Supporter
    HHusky said:

    PurpleThrobber said:

    Consumption/VAT tax far better than a wealth tax.

    Why?
    Ask @GrandpaSankey to read for you and explain 'liquidity'.

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  • ntxduck
    ntxduck Member Posts: 6,231
    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

    So 600 billion less than in 2020. Didn’t hear the complaints then
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,421 Founders Club
    You weren't listening

    We can't tax 6 trillion a year

    Full stop
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,421 Founders Club
    Note that emergency pandemic spending is now the baseline

    What can go wrong?

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  • HHusky
    HHusky Member Posts: 24,327
    PurpleThrobber said:

    HHusky said:

    PurpleThrobber said:

    Consumption/VAT tax far better than a wealth tax.

    Why?
    Ask @GrandpaSankey to read for you and explain 'liquidity'.

    "Consumption/VAT tax far better than a wealth tax" 'cuz liquidity?

    C'mon. You need to put the work in.
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  • HHusky
    HHusky Member Posts: 24,327
    PurpleThrobber said:

    HHusky said:

    PurpleThrobber said:

    HHusky said:

    PurpleThrobber said:

    Consumption/VAT tax far better than a wealth tax.

    Why?
    Ask @GrandpaSankey to read for you and explain 'liquidity'.

    "Consumption/VAT tax far better than a wealth tax" 'cuz liquidity?

    C'mon. You need to put the work in.
    I already work in finance. I don't need to do any work in that field. You do the work.

    Because it is @creepycoug's gentlemen's board, I won't call you a fucking idiot for taking grannies cash when she doesn't have any to take. So she's supposed to condo out her home to pay her wealth tax? Fuck off with that bullshit. She has NO liquidity, no cash, no dinero to pay tax on a perceived unrealized gain/appreciation.

    Instead granny buys a new luxury little rascal scooter with her saved up social security checks, she pays more in VAT than your fat obese slob riding a shopping cart model.

    Capiche? Prolly not.


    You've identified one issue with a wealth tax that would need to be dealt with and explained the alleged vast superiority of a consumption tax not at all.

    Cuz finance.
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  • HoustonHusky
    HoustonHusky Member Posts: 6,010
    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.
    Only thing I poasted was 3 of the most obvious facts of the leak that you blatantly ignored because they go against your political leanings. Guess you are a mind-reader?

    And you are correct...this is a distinguished board...for your interpretation of the information on any other board I would have called you a fucking moron.

    HTH...
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  • HHusky
    HHusky Member Posts: 24,327
    HoustonHusky 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.
    Only thing I poasted was 3 of the most obvious facts of the leak that you blatantly ignored because they go against your political leanings. Guess you are a mind-reader?

    And you are correct...this is a distinguished board...for your interpretation of the information on any other board I would have called you a fucking moron.

    HTH...
    I read your "There's nothing we can do" flavored poast.

    It wasn't your best work . . . one hopes.
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  • PurpleThrobber
    PurpleThrobber Member Posts: 48,489 Standard Supporter
    HHusky said:

    PurpleThrobber said:

    HHusky said:

    PurpleThrobber said:

    HHusky said:

    PurpleThrobber said:

    Consumption/VAT tax far better than a wealth tax.

    Why?
    Ask @GrandpaSankey to read for you and explain 'liquidity'.

    "Consumption/VAT tax far better than a wealth tax" 'cuz liquidity?

    C'mon. You need to put the work in.
    I already work in finance. I don't need to do any work in that field. You do the work.

    Because it is @creepycoug's gentlemen's board, I won't call you a fucking idiot for taking grannies cash when she doesn't have any to take. So she's supposed to condo out her home to pay her wealth tax? Fuck off with that bullshit. She has NO liquidity, no cash, no dinero to pay tax on a perceived unrealized gain/appreciation.

    Instead granny buys a new luxury little rascal scooter with her saved up social security checks, she pays more in VAT than your fat obese slob riding a shopping cart model.

    Capiche? Prolly not.


    You've identified one issue with a wealth tax that would need to be dealt with and explained the alleged vast superiority of a consumption tax not at all.

    Cuz finance.
    Make it on anything requiring a liquidity event. Why should someone be forced to liquidate their holdings before a realized gain to pay tax on something that hasn't transpired yet? Do they get a refund when their wealth goes down on taxes they previously paid?

    Because smarter than you.

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