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Nukleen 04/08/17 6:59:22 PM #1: |
--- no. ... Copied to Clipboard!
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electricbugs2 04/08/17 7:00:44 PM #2: |
Plz no.
--- #freeFireThief ... Copied to Clipboard!
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meingott 04/08/17 7:01:03 PM #3: |
No.
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alt_no_1_loves 04/08/17 7:01:24 PM #4: |
Nah, 30% is sufficient.
--- sig poll: buzz cola or duff beer 0 - 1 thus far (after like 2 years) ... Copied to Clipboard!
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| #5 | Post #5 was unavailable or deleted. |
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_Goggalor_ 04/08/17 7:03:31 PM #6: |
Fuck no.
--- Now Playing- The Legend of Zelda: Breath of the Wild, The Last of Us Remastered ... Copied to Clipboard!
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Darklit_Minuet 04/08/17 7:03:58 PM #7: |
No, they should be taxed more since they're rich
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Balrog0 04/08/17 7:04:46 PM #8: |
i think that we should stop taxing capital gains and dividends differently from earned income that way we can raise revenue without raising the nominal income tax rate at all
--- He would make his mark, if not on this tree, then on that wall; if not with teeth and claws, then with penknife and razor. ... Copied to Clipboard!
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meingott 04/08/17 7:04:55 PM #9: |
Darklit_Minuet posted...
No, they should be taxed more since they're rich $150,000 a year isn't rich. ... Copied to Clipboard!
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Darklit_Minuet 04/08/17 7:05:33 PM #10: |
meingott posted...
Darklit_Minuet posted...No, they should be taxed more since they're rich Yes it is. Anything over six digits is ... Copied to Clipboard!
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FlashOfLight 04/08/17 7:05:38 PM #11: |
No, I do not agree with that.
--- Proving Mr. Tennyson, proving, that of the two of us, you are by far the more substantial. https://www.scribd.com/document/340746101/Arguments ... Copied to Clipboard!
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Logos 04/08/17 7:06:23 PM #12: |
Darklit_Minuet posted...
meingott posted...Darklit_Minuet posted...No, they should be taxed more since they're rich No it isn't. --- My biggest flaw is how logical and reasonable I am. - hockeybub89 ... Copied to Clipboard!
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Ampelas 04/08/17 7:06:50 PM #13: |
Balrog0 posted...
i think that we should stop taxing capital gains and dividends differently from earned income that way we can raise revenue without raising the nominal income tax rate at all Are there any reasonable arguments against this? ... Copied to Clipboard!
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The Admiral 04/08/17 7:07:13 PM #14: |
They already are, if you're counting state, local, and FICA taxes in addition to federal.
--- - The Admiral ... Copied to Clipboard!
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Nukleen 04/08/17 7:07:26 PM #15: |
This is how much people in the UK pay BTW
--- no. ... Copied to Clipboard!
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FlashOfLight 04/08/17 7:07:27 PM #16: |
Yeah, rich is $5 million plus.
$1,000,000-$4,999,999 is "well off". --- Proving Mr. Tennyson, proving, that of the two of us, you are by far the more substantial. https://www.scribd.com/document/340746101/Arguments ... Copied to Clipboard!
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| #17 | Post #17 was unavailable or deleted. |
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Darklit_Minuet 04/08/17 7:07:50 PM #18: |
Logos posted...
Darklit_Minuet posted...meingott posted...Darklit_Minuet posted...No, they should be taxed more since they're rich Explain how when median income in the US is $51,939 I'd say making DOUBLE the median income is rich ... Copied to Clipboard!
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FlashOfLight 04/08/17 7:07:57 PM #19: |
Nukleen posted...
This is how much people in the UK pay BTW Literally highway robbery. --- Proving Mr. Tennyson, proving, that of the two of us, you are by far the more substantial. https://www.scribd.com/document/340746101/Arguments ... Copied to Clipboard!
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meingott 04/08/17 7:08:27 PM #20: |
Darklit_Minuet posted...
Logos posted...Darklit_Minuet posted...meingott posted...Darklit_Minuet posted...No, they should be taxed more since they're rich Making double the median income doesn't make you rich. ... Copied to Clipboard!
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The Admiral 04/08/17 7:08:40 PM #21: |
Ampelas posted...
Balrog0 posted...i think that we should stop taxing capital gains and dividends differently from earned income that way we can raise revenue without raising the nominal income tax rate at all Yes, the tax break is to encourage investment, which spurs the economy and results in job growth. There is a higher multiplier effect on investment versus consumption in regards to GDP growth. --- - The Admiral ... Copied to Clipboard!
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Darklit_Minuet 04/08/17 7:09:03 PM #22: |
meingott posted...
Darklit_Minuet posted...Logos posted...Darklit_Minuet posted...meingott posted...Darklit_Minuet posted...No, they should be taxed more since they're rich Yes it does ... Copied to Clipboard!
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Balrog0 04/08/17 7:10:18 PM #23: |
byron posted...
Ampelas posted...Balrog0 posted...i think that we should stop taxing capital gains and dividends differently from earned income that way we can raise revenue without raising the nominal income tax rate at all yes, this is the typical response but I don't think it's a reasonable one, I'm not suggesting we get rid of carry forward or carry backwards rules so the only way it reduces the incentive to invest is the same way a payroll tax reduces the incentive to work --- He would make his mark, if not on this tree, then on that wall; if not with teeth and claws, then with penknife and razor. ... Copied to Clipboard!
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meingott 04/08/17 7:11:31 PM #24: |
Darklit_Minuet posted...
meingott posted...Darklit_Minuet posted...Logos posted...Darklit_Minuet posted...meingott posted...Darklit_Minuet posted...No, they should be taxed more since they're rich No it doesn't. ... Copied to Clipboard!
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Iodine 04/08/17 7:12:00 PM #25: |
Huh? This topic doesn't make any sense. The Federal Income Tax for someone making $150k is 28% and the highest state tax for that amount would be 9.3% in California.
--- In Belichick we Trust ... Copied to Clipboard!
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Xelltrix 04/08/17 7:13:58 PM #26: |
It's also not a flat tax so they're not actually losing 28% of their income.
--- Reading this post may induce one or more of the following: Nausea / Butt-Hurt / Lulz / UM? Syndrome / Angst / Diarrhea ... Copied to Clipboard!
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Balrog0 04/08/17 7:16:18 PM #28: |
The Admiral posted...
Yes, the tax break is to encourage investment, which spurs the economy and results in job growth. There is a higher multiplier effect on investment versus consumption in regards to GDP growth. Right, but GDP growth is not a great indicator of economic health of the people, just the government. When your long-term unemployment rate is 40% higher than it was during the trough of the recession and your median income has been stagnant for decades there's clearly a case to be made that using GDP as an indicator here is misleading at best. --- He would make his mark, if not on this tree, then on that wall; if not with teeth and claws, then with penknife and razor. ... Copied to Clipboard!
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Darklit_Minuet 04/08/17 7:19:03 PM #29: |
meingott posted...
No it doesn't. Do you actually plan to back up your assertion with any statistics? ... Copied to Clipboard!
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meingott 04/08/17 7:19:42 PM #30: |
Darklit_Minuet posted...
meingott posted...No it doesn't. Where are your meaningful statistics? ... Copied to Clipboard!
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Balrog0 04/08/17 7:20:13 PM #31: |
byron posted...
Well, investing is done with discretionary income not income that they need to have a place to live and eat. People don't choose to invest in BAC instead of eat for the week. I'm not disagreeing that higher tax rates on investment income will disincentive investments, but the disincentive effect would probably be rather small, which is generally what the research shows http://www.taxpolicycenter.org/briefing-book/what-effect-lower-tax-rate-capital-gains I only bring up the payroll tax because I would argue that that is also a disincentive for economic growth, and I think it is more significant for most people than capital gains --- He would make his mark, if not on this tree, then on that wall; if not with teeth and claws, then with penknife and razor. ... Copied to Clipboard!
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Darklit_Minuet 04/08/17 7:20:30 PM #32: |
meingott posted...
Darklit_Minuet posted...meingott posted...No it doesn't. I used the statistic of the median income in the US, and rightfully stated that double that is rich. Half of it is poor, double it is rich, median is middle class because median means middle ... Copied to Clipboard!
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meingott 04/08/17 7:21:19 PM #33: |
Darklit_Minuet posted...
I used the statistic of the median income in the US, and rightfully stated that double that is rich. Half of it is poor, double it is rich, median is middle class because median means middle You didn't prove that double the median income is rich. You merely asserted it. Making double the median income doesn't make someone rich. ... Copied to Clipboard!
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Darklit_Minuet 04/08/17 7:22:31 PM #34: |
meingott posted...
Darklit_Minuet posted...I used the statistic of the median income in the US, and rightfully stated that double that is rich. Half of it is poor, double it is rich, median is middle class because median means middle How doesn't it? Making a shitload of money makes one rich ... Copied to Clipboard!
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Ampelas 04/08/17 7:22:34 PM #35: |
meingott posted...
Darklit_Minuet posted...I used the statistic of the median income in the US, and rightfully stated that double that is rich. Half of it is poor, double it is rich, median is middle class because median means middle Rich is a very subjective term though. I don't think there's any actual numbers for it. ... Copied to Clipboard!
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meingott 04/08/17 7:23:13 PM #36: |
Darklit_Minuet posted...
How doesn't it? Making a s***load of money makes one rich How does it? You made the claim, so prove it. Making double the median income doesn't make someone rich. And it isn't a "shitload" of money by any reasonable metric. ... Copied to Clipboard!
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Xelltrix 04/08/17 7:23:59 PM #37: |
Arguing about rich is dumb. Rich is different to different people... and different locations... and different expenses.
--- Reading this post may induce one or more of the following: Nausea / Butt-Hurt / Lulz / UM? Syndrome / Angst / Diarrhea ... Copied to Clipboard!
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Darklit_Minuet 04/08/17 7:24:40 PM #38: |
meingott posted...
Yes it is. It's more money than I will ever make in my entire lifetime, in a single fucking year. ... Copied to Clipboard!
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HydraSlayer82 04/08/17 7:25:02 PM #39: |
Double the median income in rural areas, yeah you're rich, double the median income in a big city? Um, no.
--- Sigless user ... Copied to Clipboard!
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meingott 04/08/17 7:25:13 PM #40: |
Darklit_Minuet posted...
meingott posted... What you make is literally irrelevant. That doesn't prove it's "rich" ... Copied to Clipboard!
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meingott 04/08/17 7:25:55 PM #41: |
HydraSlayer82 posted...
Double the median income in rural areas, yeah you're rich, double the median income in a big city? Um, no. Not even. No one who makes $150,000 is going to be able to retire any time soon or buy expensive shit. Rich people don't need to work and they can buy fancy shit. That's on a pretty reasonable and common definition of "rich" ... Copied to Clipboard!
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Darklit_Minuet 04/08/17 7:26:06 PM #42: |
meingott posted...
Darklit_Minuet posted...meingott posted... Prove that it's not rich ... Copied to Clipboard!
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Iodine 04/08/17 7:27:11 PM #43: |
My definition of rich is someone who's income is in the top 1%.
--- In Belichick we Trust ... Copied to Clipboard!
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meingott 04/08/17 7:27:29 PM #44: |
Darklit_Minuet posted...
Prove that it's not rich You made the claim that it's rich. You didn't prove anything. Stop trying to shift the burden of proof. No sane individual agrees with you lmao ... Copied to Clipboard!
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Xelltrix 04/08/17 7:27:58 PM #45: |
I thought they were called the Super Rich.
--- Reading this post may induce one or more of the following: Nausea / Butt-Hurt / Lulz / UM? Syndrome / Angst / Diarrhea ... Copied to Clipboard!
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Darklit_Minuet 04/08/17 7:28:25 PM #46: |
meingott posted...
Darklit_Minuet posted...Prove that it's not rich Just because you have a horribly skewed perception of rich doesn't mean it's normal ... Copied to Clipboard!
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Balrog0 04/08/17 7:30:13 PM #47: |
How has no one mentioned the variable costs of livng?
--- He would make his mark, if not on this tree, then on that wall; if not with teeth and claws, then with penknife and razor. ... Copied to Clipboard!
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Xelltrix 04/08/17 7:31:19 PM #48: |
Balrog0 posted...
How has no one mentioned the variable costs of livng? Xelltrix posted... Arguing about rich is dumb. Rich is different to different people... and different locations... and different expenses. --- Reading this post may induce one or more of the following: Nausea / Butt-Hurt / Lulz / UM? Syndrome / Angst / Diarrhea ... Copied to Clipboard!
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MaverickXeo 04/08/17 7:32:50 PM #49: |
Increasing taxes a large amount only promotes the willingness to 'cheat' on taxes, which results in lesser tax revenue. The Laffer curve is a good example to follow to prevent this. An ideal amount of tax percentage will result in less tax evasion, more investment, and in turn, more tax revenue.
--- --- MaverickXeo --- ... Copied to Clipboard!
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MaverickXeo 04/08/17 7:33:13 PM #50: |
Iodine posted...
My definition of rich is someone who's income is in the top 1%. So more than half of North America? --- --- MaverickXeo --- ... Copied to Clipboard!
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