Re: Winning
 

I think taxes should be based on living standards.

If a minimum for a safe living income is $30K per year then people making : 2 years or less would not pay taxes. (up to 60K = 0 tax)
2 to 4 years would pay 1/2 year tax (60-120K = 15k tax)
4-6 years to years would pay 1 year equivalent
6-8 yrs - 2yrs
8-10yrs - 3
over 10yrs add one per every 2 years. over 100 one for 1 up to 75 yearvalues

No more calculations/deductions, and the cost of living is set by an independent group that uses set cost markers - like food, oil rent, and healthcare. Additional markers for regional differences so it is fair across all spectrums of the US. I would do everything possible to insulate that group from political pressure

The point of making it valued by the cost of living is it keeps income tax relative to what someone really needs to survive. Hard to bitch about a 70yearvalue tax rate when the fact is you are still keeping enough per year to live 30 years on what the cost of living is.

I also would do away with filing type. Every person would be subject to the same rates. If a husband earns 4x and a wife earns 3x they would each be taxed accordingly

Re: Winning
 

[quote=MTK;1218574]Always amazes me how defensive people get when it comes to the rich, like our turn to join the 1% is just around the corner

Sent from my iPhone using Tapatalk[/quote]

Amazes me how offensive people are about taking other people's money. That goes both ways.

Its not about being defensive of rich people, its about sticking to principles you think are right. I imagine it's the same for you. We just have different principles on this matter.

Re: Winning
 

[quote=MTK;1218574]Always amazes me how defensive people get when it comes to the rich, like our turn to join the 1% is just around the corner


Sent from my iPhone using Tapatalk[/quote]

[url]https://www.democratandchronicle.com/story/news/politics/albany/2019/02/04/new-york-estimates-2-3-billion-less-income-tax-payments-and-blames-washington/2769553002/[/url]

SALT which benefits the top earners...Cuomo crying about it, how it hurts the wealthy.

Cuomo quit crying, lower your ridiculous state taxes which AFFECT everyone and cut your insane, overbearing state government which burden everyone in the state.


So its funny now how the Democrats want an uncapped SALT to benefit the Rich and extremely well-off.


“This is the flip side," Cuomo said. "Tax the rich, tax the rich, tax the rich. The rich leave, and now what do you do?”

lol...no shit...AOC says tax them more...

Re: Winning
 

[quote=Chico23231;1218569]Yes I remember economics talking how the prominent driving force behind the post WW2 boom was the marginal tax. :laughing2

The marginal tax your proposing does not equal tax revenue(that's the yuge problem)...and the biggest question simply is "why?" Tell me why you want to raise this tax? Are you using the money to pay down debt...the fair share? That's reasonable...or are you looking spend it? The absolute highest figures Ive seen of source able revenue have been insignificant...and those figures are without the obvious move to tax shelters which will happen. The highest figures will take a willingness of folks to submit to the tax....this will not happen. There are much better ways to tax the extreme wealthy.

I know you and AOC are trying to lay the ground work for the unicorn farms...the marginal tax simply does not cover it...not even close. After all the legislation is passed for your fantasy land and the realization is the Wealthy tax increase wont come close to paying for it...who do you tax next? The largest tax base always picks up the tab[/quote]

Are you implying lower and middle class America would pick up the tab on a marginal tax rate of 70% over 10 million dollars?

Also, the 1% is already hiding their taxable income in tax shelters, how much more do you think they'd have to give that they haven't given already?

And finally, thanks for sticking up for the rich Chico, who knows what they'd do if they didn't have you to defend them.

I'm not saying a marginal tax rate is the solution to all of our problems. I am saying it would go a long way in helping fund the government which keeps borrowing against my social security that I won't be able to depend on in 30 years when I retire.

Re: Winning
 

[quote=mooby;1218587][B]Are you implying lower and middle class America would pick up the tab on a marginal tax rate of 70% over 10 million dollars[/B]?

Also, the 1% is already hiding their taxable income in tax shelters, how much more do you think they'd have to give that they haven't given already?

And finally, thanks for sticking up for the rich Chico, who knows what they'd do if they didn't have you to defend them.

I'm not saying a marginal tax rate is the solution to all of our problems. I am saying it would go a long way in helping fund the government which keeps borrowing against my social security that I won't be able to depend on in 30 years when I retire.[/quote]

Im implying if massive legislation was passed which ended major economic systems such as healthcare, higher education, etc with the promise the rich/wealth tax revenue will cover the cost along with cost cutting savings measure of the move...if we move these under a socialist style government control entity (which lets be honest, this is the end game)...when the numbers don't add up, which they don't...the brunt of the financial pain will be brought down on the middle class. AOC and K Harris are selling you fantasy land, unicorns, etc. If you want an honest liberal view...see what Bloomberg and Schultz have said about it.

You want to hit the wealthy...ill have to look again, but I think its capital gains and treatment of other income (investment maybe, to treat as regular income)...looking at larger thresholds with a more substantial tax once they are met.

The shelters, contract deferments, folks leaving...the super wealthy will avoid the taxes your referring too.

Re: Winning
 

you got to be kidding me Mark Herring.

Why are people voting for these hypocrites?

Re: Winning
 

[quote=Chico23231;1218618]you got to be kidding me Mark Herring.

Why are people voting for these hypocrites?[/quote]

Something tells me people wouldn't have voted for them if they knew beforehand.

Better to just admit it now and let the cards fall then try to cover it up, that's worse than admitting it. Speaking of...

I like Northam and would rather judge him on the last 30 years then a terrible incident from his past, but then again I acknowledge my own bias in the matter. If I hated his decisions of the last 30 years I'd want him gone too.

And for his supporters who are minorities that want him gone, well I understand their position of feeling like their trust was betrayed. I have no opinion on whether Northam should stay or go.

Re: Winning
 

Rep. Bobby Scott learned of sexual assault allegations against Lt. Gov. Justin Fairfax a year ago from the victim: Aides - ABC News

Did the senators know?

Man if this the gop, media would be going insane. I bet we won’t even get a snl parody

Re: Winning
 

[quote=Chico23231;1218634]Rep. Bobby Scott learned of sexual assault allegations against Lt. Gov. Justin Fairfax a year ago from the victim: Aides - ABC News

Did the senators know?

Man if this the gop, media would be going insane. I bet we won’t even get a snl parody[/quote]

LOL, Chico again your bias man. The News media "is" going insane about it! All three + networks and CNN and FOX etc,it was all they were talking about last night for God's sake man stop embarrassing yourself!

Re: Winning
 

[quote=Chico23231;1218618]you got to be kidding me Mark Herring.

Why are people voting for these hypocrites?[/quote]

As a trump supporter why don't you tell us?

Re: Winning
 

[quote=Giantone;1218637]As a trump supporter why don't you tell us?[/quote]

G1 you keep saying trump supporter which I’m not...are you ok?

Think a lot of minority voters getting woke about the false narratives built within the Democratic Party. There should be a lot of anger and I understand it...

Also after witnessing the bullshit with big Kavy, the chickens have come home to roost for Justin Fairfax and the Dems here. Except this time this case is extremely solid.

Re: Winning
 

Yeah I've seen headline articles on MSN about it Chico, no idea what you're talking about. Every major Dem has practically renounced Northam at this point. And the Fairfax story was picked up by the WaPo.

Re: Winning
 

[quote=mooby;1218639]Yeah I've seen headline articles on MSN about it Chico, no idea what you're talking about. Every major Dem has practically renounced Northam at this point. And the Fairfax story was picked up by the WaPo.[/quote]

Let me sum it up like this, if this was the GOP, would I ever hear commentary such as this: “this happened 30 years ago, the man has changed.”

Would we hear this from you, others, reporters and commentators if this was a GOP lead administration? If you for one minute believe you would, that’s simply being dishonest. Period. I’m not saying your wrong with that statement, but I’ve heard that a lot.

Would I hear more commentary about Fairfax stating “ I need more evidence” or “i need to wait for more information”...nope you wouldn’t.

The WAPO better speak up since they buried the story before...jeez, would they have buried it if the candidate was GOP? Come on, and now that she has come forward, it looks fairly poor for the post.

Re: Winning
 

[quote=Chico23231;1218638]G1 you keep saying trump supporter which I’m not...are you ok?
.[/quote]

I'm fine but it's obvious from your post's you are not.You say "you're not a trump supporter" yet you posts scream other wise.

Re: Winning
 

[quote=mooby;1218639]Yeah I've seen headline articles on MSN about it Chico, no idea what you're talking about. Every major Dem has practically renounced Northam at this point. And the Fairfax story was picked up by the WaPo.[/quote]

Could not turn onto a station last night without it being talked about ,I honestly think chico's hate is blinding him.