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Old 02-01-2019, 05:14 PM  
EmojiMania EmojiMania is offline
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Fox News Poll: 54% of Republicans, 70% of all voters support raising taxes on $10m+
https://www.foxnews.com/politics/fox...estic-spending

Overall voters:



Republicans in particular:

Quote:
Republicans are less sure where the sweet spot is for tax hikes. A majority of 59 percent opposes tax hikes on incomes over $250,000, while a 54 percent majority favors increases on incomes over $10 million. For incomes over $1 million, GOP views split: 47 favor vs. 43 oppose.
Sounds like AOC's ideas are more popular in your party than any of you care to admit!
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Old 02-03-2019, 09:38 PM   #61
IowaHawkeyeChief IowaHawkeyeChief is offline
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Originally Posted by chiefzilla1501 View Post
And how much taxable wealth in the US has left the country because the 1% are sending money offshore? The US literally repatriated over $600b in backtaxes, and that is a huge underestimate.
Hey Dolt... Those aren't individual's. They are companies who don't give a **** where they are located and our doing the best of their companies and competitiveness. Do you understand it is nearly impossible to "off-shore" money for an individual in 2019?


https://www.google.com/search?q=Eliz...hrome&ie=UTF-8

But hey, nice talking points...
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Old 02-03-2019, 09:41 PM   #62
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Originally Posted by IowaHawkeyeChief View Post
So nobody in this thread until you posted that.
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Old 02-03-2019, 09:45 PM   #63
chiefzilla1501 chiefzilla1501 is offline
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Originally Posted by IowaHawkeyeChief View Post
Hey Dolt... Those aren't individual's. They are companies who don't give a **** where they are located and our doing the best of their companies and competitiveness. Do you understand it is nearly impossible to "off-shore" money for an individual in 2019?


https://www.google.com/search?q=Eliz...hrome&ie=UTF-8

But hey, nice talking points...
I didn't advocate for a wealth tax. I advocated for closing loopholes.

And you're absolutely clueless if you don't think substantial wealth is being hidden offshore. Or that individuals, not just corporations, don't substantially benefit from corporate welfare.it's estimated that about 10% of gdp. Yeah, I'd say that's a lot.
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Old 02-03-2019, 09:46 PM   #64
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Quote:
Originally Posted by chiefzilla1501 View Post
And how much taxable wealth in the US has left the country because the 1% are sending money offshore? The US literally repatriated over $600b in backtaxes, and that is a huge underestimate.
Corporate dollars of profits from overseas business that was held overseas because of the high tax burden was returned to the US and back into corporate treasuries after taxes were paid. A great deal of that money has paid for business expansion, employee bonus', capital investments, research, and M and A, paid in increased dividends to shareholders and retained in treasury as cash or stock. To call it backtaxes is a blatant misrepresentation.

None of that had **** all to do with your hated 1%. You are either willfully ignorant and a effective troll or just so misinformed you embarrass yourself.
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Old 02-03-2019, 09:48 PM   #65
Jim Hammer Jim Hammer is offline
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Originally Posted by New World Order View Post
I think the broad point is any kind of heavy taxation, marginal or not on the rich can negate growth.
Bullshit.

Growth was just fine when we had high marginal tax rates in the 50's, 60's and 70's.



A source you'll like.
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Old 02-03-2019, 09:56 PM   #66
IowaHawkeyeChief IowaHawkeyeChief is offline
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Originally Posted by Jim Hammer View Post
Bullshit.

Growth was just fine when we had high marginal tax rates in the 50's, 60's and 70's.



A source you'll like.
Why did you think it was just fine in the 50, 60's and 70's..?

http://www.data360.org/dsg.aspx?Data_Set_Group_Id=270

It had nothing to do with the development of Asia and us going from a major exporter to a major importer. Seriously, quit embarrassing yourself.
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Old 02-03-2019, 09:57 PM   #67
IowaHawkeyeChief IowaHawkeyeChief is offline
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Originally Posted by Jim Hammer View Post
Bullshit.

Growth was just fine when we had high marginal tax rates in the 50's, 60's and 70's.



A source you'll like.
I laugh at the boxed data on the left hand side of the graph... 1.48%... lol
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Old 02-03-2019, 10:00 PM   #68
BucEyedPea BucEyedPea is offline
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Originally Posted by New World Order View Post
Wealth Tax Fails The Test Around The World

The irony is that those who ended their failed experiments with the wealth tax are those that America's "democratic socialists" say they most admire. That includes Denmark and Sweden, nations often cited by people like Warren, Sen. Bernie Sanders, and Rep. Alexandria Ocasio-Cortez as worthy of emulation by the American left.
Denmark has recently come out and said they're not socialist but capitalist. In some ways they have more market freedoms than we do nowadays. We've been falling down the list of countries listed based on freedom and in other areas.
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Old 02-03-2019, 10:02 PM   #69
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Who said anything about everyone being equal? Your peabrain can't comprehend what is actually posted so everything just gets reduced to "herp, derp, COMMUNISM!!!"
Well that's what you advocate. Afterall socialism is communism—just the phase where the govt withered away. Same thing otherwise.
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Old 02-03-2019, 10:04 PM   #70
BucEyedPea BucEyedPea is offline
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I was thinking, wouldn't you all want some of that money?
That's called envy or coveting thy neighbor's goods.

There's no gaurantee you'll get it either. It could get spent on a war.
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Old 02-03-2019, 10:05 PM   #71
IowaHawkeyeChief IowaHawkeyeChief is offline
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Originally Posted by chiefzilla1501 View Post
I didn't advocate for a wealth tax. I advocated for closing loopholes.

And you're absolutely clueless if you don't think substantial wealth is being hidden offshore. Or that individuals, not just corporations, don't substantially benefit from corporate welfare.it's estimated that about 10% of gdp. Yeah, I'd say that's a lot.
Share the loopholes you would close?

Share the corporate welfare, or what you consider corporate welfare? If you are talking about wind energy, I agree.
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Old 02-03-2019, 10:06 PM   #72
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Originally Posted by chiefzilla1501 View Post
At $10m+.... Many of these people are benefitting a shitload off of government. Many use under the table political deals that basically use taxpayer money to grow their own earnings.
Taxing this behavior isn't the answer. Getting rid of corporatism is.
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Old 02-03-2019, 10:08 PM   #73
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Close the loopholes
Most of them have been.
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Old 02-03-2019, 10:11 PM   #74
IowaHawkeyeChief IowaHawkeyeChief is offline
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Originally Posted by BucEyedPea View Post
Most of them have been.
Yes, as well as off shore hiding of money...
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Old 02-03-2019, 10:15 PM   #75
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Originally Posted by IowaHawkeyeChief View Post
Why did you think it was just fine in the 50, 60's and 70's..?

http://www.data360.org/dsg.aspx?Data_Set_Group_Id=270

It had nothing to do with the development of Asia and us going from a major exporter to a major importer. Seriously, quit embarrassing yourself.
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