trump wants to tax the poor more and make the rich richer
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Red Lily
Calypso Jones
Casey Jones
Sprintcyclist
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trump wants to tax the poor more and make the rich richer
.......... NYU law professor David Kamin pointed out the disproportionate effect an “all-tariff” policy would have on the average American.
“Here’s the thing: The income tax has its flaws. But, the bottom line is it raises ~$2.5 trillion per year in progressive fashion. Broadly substituting tariffs for income tax is a sure way to hit hard low and middle income Americans and reward top,” .................
https://www.newsnationnow.com/business/your-money/trump-all-tariff-policy-income-tax-finance/
it's what he did last time, alongside with increase unemployment, steal from a charity, commit felonies, defame a sexual abuse victim, get his associates jailed and abuse anyone he could
Sprintcyclist- Posts : 6373
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Re: trump wants to tax the poor more and make the rich richer
Just read the party bilge and network-suits' fact-free accusations, and repeat them here.
WHAT DO YOU KNOW ABOUT THE UNITED STATES? EVER BEEN HERE?
Ever actually TALKED to people, here? I don't mean bots and party agitators on spam sites and emails. Come to Cleveland, or Detroit, or Indianapolis, or Houston, and TALKED to people? Walked the streets? SEE the differences, between 2018 and today?
We live here. We know this is bullshit. You're fooling nobody with this.
WHAT DO YOU KNOW ABOUT THE UNITED STATES? EVER BEEN HERE?
Ever actually TALKED to people, here? I don't mean bots and party agitators on spam sites and emails. Come to Cleveland, or Detroit, or Indianapolis, or Houston, and TALKED to people? Walked the streets? SEE the differences, between 2018 and today?
We live here. We know this is bullshit. You're fooling nobody with this.
Casey Jones- Posts : 8328
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hurricanehook likes this post
Re: trump wants to tax the poor more and make the rich richer
tax the poor. LOL The poor have no $$ and they don't pay taxes. The rich and middle class pay for everything. And it's not just income tax..we're taxed on EVERYTHING, coming and going. MANY Of us are actually taxed on the amount of rainwater run off on our property. and you post this stupid shit about the poor paying taxes. You don't know what you're talking about.
Calypso Jones- Posts : 28659
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hurricanehook likes this post
Re: trump wants to tax the poor more and make the rich richer
Why not just argue the topic instead of attacking the messenger? Put forth your reasons (in your own words - no memes) why you think tariffs are such a great idea.
Personally, I don't think it's one of his better ideas.
Tariffs raise prices and can reduce available quantities of goods and services for businesses and consumers. This results in lower income, reduced employment and lower economic output.
Bottom line tariffs are always paid for by the consumer.
Personally, I don't think it's one of his better ideas.
Tariffs raise prices and can reduce available quantities of goods and services for businesses and consumers. This results in lower income, reduced employment and lower economic output.
Bottom line tariffs are always paid for by the consumer.
Red Lily- Posts : 12329
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Re: trump wants to tax the poor more and make the rich richer
Red Lily wrote:Why not just argue the topic instead of attacking the messenger? Put forth your reasons (in your own words - no memes) why you think tariffs are such a great idea.
Personally, I don't think it's one of his better ideas.
Tariffs raise prices and can reduce available quantities of goods and services for businesses and consumers. This results in lower income, reduced employment and lower economic output.
Bottom line tariffs are always paid for by the consumer.
Tariffs were also the way the Federal Government was intended to originally be financed.
Taxes on income took a Constitutional Amendment - and the ratification of that one is STILL being questioned, although of course not by the Elites.
There is only a limited amount that can be raised in tariffs, and that's not a weakness - that's a strength. We need to Defund, not the police, but FedGov.
As for other sources of taxation: How much is enough? Would you think that SIXTY-FIVE PERCENT of your income is too much taxation? That's what top-bracket earners pay in NY and CA, combining state and Federal taxes.
I was paying about 38 percent as a highly-paid railroader, living in Ohio. Income was about $120k in 2000 dollars. Is that too much? My home back then was $52k. I could have bought a more-expensive one but didn't want to be house-poor.
My two cars (I needed two) were, a Jeep YJ, and a Geo Metro...Suzuki Cultus to you, where you are. It was very-much used, and I paid $1000 for it in 2002.
Not high living, but Uncle Sugar thought he was entitled to nearly two-fifths of my income.
And pusbags like Pantsshitter, and his attendants, tell us that NOT JACKING those taxes are somehow "helping the rich."
Casey Jones- Posts : 8328
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Join date : 2021-02-28
HawkTheSlayer and hurricanehook like this post
Re: trump wants to tax the poor more and make the rich richer
Casey Jones wrote:Red Lily wrote:Why not just argue the topic instead of attacking the messenger? Put forth your reasons (in your own words - no memes) why you think tariffs are such a great idea.
Personally, I don't think it's one of his better ideas.
Tariffs raise prices and can reduce available quantities of goods and services for businesses and consumers. This results in lower income, reduced employment and lower economic output.
Bottom line tariffs are always paid for by the consumer.
Tariffs were also the way the Federal Government was intended to originally be financed.
Taxes on income took a Constitutional Amendment - and the ratification of that one is STILL being questioned, although of course not by the Elites.
There is only a limited amount that can be raised in tariffs, and that's not a weakness - that's a strength. We need to Defund, not the police, but FedGov.
As for other sources of taxation: How much is enough? Would you think that SIXTY-FIVE PERCENT of your income is too much taxation? That's what top-bracket earners pay in NY and CA, combining state and Federal taxes.
I was paying about 38 percent as a highly-paid railroader, living in Ohio. Income was about $120k in 2000 dollars. Is that too much? My home back then was $52k. I could have bought a more-expensive one but didn't want to be house-poor.
My two cars (I needed two) were, a Jeep YJ, and a Geo Metro...Suzuki Cultus to you, where you are. It was very-much used, and I paid $1000 for it in 2002.
Not high living, but Uncle Sugar thought he was entitled to nearly two-fifths of my income.
And pusbags like Pantsshitter, and his attendants, tell us that NOT JACKING those taxes are somehow "helping the rich."
"""How much is enough? Would you think that SIXTY-FIVE PERCENT of your income is too much taxation? That's what top-bracket earners pay in NY"""
11.75%
Overview of New York Taxes
Gross Paycheck $3,146
Federal Income 11.75% $370
State Income 4.67% $147
Local Income 3.28% $103
FICA and State Insurance Taxes 7.80% $246
vege57- Posts : 10793
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Red Lily likes this post
Re: trump wants to tax the poor more and make the rich richer
vege57 wrote:Casey Jones wrote:Red Lily wrote:Why not just argue the topic instead of attacking the messenger? Put forth your reasons (in your own words - no memes) why you think tariffs are such a great idea.
Personally, I don't think it's one of his better ideas.
Tariffs raise prices and can reduce available quantities of goods and services for businesses and consumers. This results in lower income, reduced employment and lower economic output.
Bottom line tariffs are always paid for by the consumer.
Tariffs were also the way the Federal Government was intended to originally be financed.
Taxes on income took a Constitutional Amendment - and the ratification of that one is STILL being questioned, although of course not by the Elites.
There is only a limited amount that can be raised in tariffs, and that's not a weakness - that's a strength. We need to Defund, not the police, but FedGov.
As for other sources of taxation: How much is enough? Would you think that SIXTY-FIVE PERCENT of your income is too much taxation? That's what top-bracket earners pay in NY and CA, combining state and Federal taxes.
I was paying about 38 percent as a highly-paid railroader, living in Ohio. Income was about $120k in 2000 dollars. Is that too much? My home back then was $52k. I could have bought a more-expensive one but didn't want to be house-poor.
My two cars (I needed two) were, a Jeep YJ, and a Geo Metro...Suzuki Cultus to you, where you are. It was very-much used, and I paid $1000 for it in 2002.
Not high living, but Uncle Sugar thought he was entitled to nearly two-fifths of my income.
And pusbags like Pantsshitter, and his attendants, tell us that NOT JACKING those taxes are somehow "helping the rich."
"""How much is enough? Would you think that SIXTY-FIVE PERCENT of your income is too much taxation? That's what top-bracket earners pay in NY"""
11.75%
Overview of New York Taxes
Gross Paycheck $3,146
Federal Income 11.75% $370
State Income 4.67% $147
Local Income 3.28% $103
FICA and State Insurance Taxes 7.80% $246
Your figures are wrong. For openers, Federal and State income taxes are both PROGRESSIVE - the amount goes up, steeply, as a percent, as your taxable income goes up.
This is the kind of mistake when you rely on your own Leftist media or Wikipukia to give you facts. THEY LIE.
Casey Jones- Posts : 8328
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Re: trump wants to tax the poor more and make the rich richer
Casey Jones wrote:vege57 wrote:Casey Jones wrote:Red Lily wrote:Why not just argue the topic instead of attacking the messenger? Put forth your reasons (in your own words - no memes) why you think tariffs are such a great idea.
Personally, I don't think it's one of his better ideas.
Tariffs raise prices and can reduce available quantities of goods and services for businesses and consumers. This results in lower income, reduced employment and lower economic output.
Bottom line tariffs are always paid for by the consumer.
Tariffs were also the way the Federal Government was intended to originally be financed.
Taxes on income took a Constitutional Amendment - and the ratification of that one is STILL being questioned, although of course not by the Elites.
There is only a limited amount that can be raised in tariffs, and that's not a weakness - that's a strength. We need to Defund, not the police, but FedGov.
As for other sources of taxation: How much is enough? Would you think that SIXTY-FIVE PERCENT of your income is too much taxation? That's what top-bracket earners pay in NY and CA, combining state and Federal taxes.
I was paying about 38 percent as a highly-paid railroader, living in Ohio. Income was about $120k in 2000 dollars. Is that too much? My home back then was $52k. I could have bought a more-expensive one but didn't want to be house-poor.
My two cars (I needed two) were, a Jeep YJ, and a Geo Metro...Suzuki Cultus to you, where you are. It was very-much used, and I paid $1000 for it in 2002.
Not high living, but Uncle Sugar thought he was entitled to nearly two-fifths of my income.
And pusbags like Pantsshitter, and his attendants, tell us that NOT JACKING those taxes are somehow "helping the rich."
"""How much is enough? Would you think that SIXTY-FIVE PERCENT of your income is too much taxation? That's what top-bracket earners pay in NY"""
11.75%
Overview of New York Taxes
Gross Paycheck $3,146
Federal Income 11.75% $370
State Income 4.67% $147
Local Income 3.28% $103
FICA and State Insurance Taxes 7.80% $246
Your figures are wrong. For openers, Federal and State income taxes are both PROGRESSIVE - the amount goes up, steeply, as a percent, as your taxable income goes up.
This is the kind of mistake when you rely on your own Leftist media or Wikipukia to give you facts. THEY LIE.
That was a sample for a gross income of 3k a week
vege57- Posts : 10793
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Re: trump wants to tax the poor more and make the rich richer
Casey Jones wrote:vege57 wrote:Casey Jones wrote:Red Lily wrote:Why not just argue the topic instead of attacking the messenger? Put forth your reasons (in your own words - no memes) why you think tariffs are such a great idea.
Personally, I don't think it's one of his better ideas.
Tariffs raise prices and can reduce available quantities of goods and services for businesses and consumers. This results in lower income, reduced employment and lower economic output.
Bottom line tariffs are always paid for by the consumer.
Tariffs were also the way the Federal Government was intended to originally be financed.
Taxes on income took a Constitutional Amendment - and the ratification of that one is STILL being questioned, although of course not by the Elites.
There is only a limited amount that can be raised in tariffs, and that's not a weakness - that's a strength. We need to Defund, not the police, but FedGov.
As for other sources of taxation: How much is enough? Would you think that SIXTY-FIVE PERCENT of your income is too much taxation? That's what top-bracket earners pay in NY and CA, combining state and Federal taxes.
I was paying about 38 percent as a highly-paid railroader, living in Ohio. Income was about $120k in 2000 dollars. Is that too much? My home back then was $52k. I could have bought a more-expensive one but didn't want to be house-poor.
My two cars (I needed two) were, a Jeep YJ, and a Geo Metro...Suzuki Cultus to you, where you are. It was very-much used, and I paid $1000 for it in 2002.
Not high living, but Uncle Sugar thought he was entitled to nearly two-fifths of my income.
And pusbags like Pantsshitter, and his attendants, tell us that NOT JACKING those taxes are somehow "helping the rich."
"""How much is enough? Would you think that SIXTY-FIVE PERCENT of your income is too much taxation? That's what top-bracket earners pay in NY"""
11.75%
Overview of New York Taxes
Gross Paycheck $3,146
Federal Income 11.75% $370
State Income 4.67% $147
Local Income 3.28% $103
FICA and State Insurance Taxes 7.80% $246
Your figures are wrong. For openers, Federal and State income taxes are both PROGRESSIVE - the amount goes up, steeply, as a percent, as your taxable income goes up.
This is the kind of mistake when you rely on your own Leftist media or Wikipukia to give you facts. THEY LIE.
It's not leftist media or wikipedia. Are you trying to claim that the Department of Taxation and all other relevant bodies are lying by saying the top income tax rate is 10.9%? Then whammy you with 65%? Sorry but that's ridiculous.
How about providing a link to this 65% income tax you are claiming people pay in NY.
No-one would work and the state would be empty.
Red Lily- Posts : 12329
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Re: trump wants to tax the poor more and make the rich richer
Red Lily wrote:Why not just argue the topic instead of attacking the messenger? Put forth your reasons (in your own words - no memes) why you think tariffs are such a great idea.
Personally, I don't think it's one of his better ideas.
Tariffs raise prices and can reduce available quantities of goods and services for businesses and consumers. This results in lower income, reduced employment and lower economic output.
Bottom line tariffs are always paid for by the consumer.
As are ALL fines, fees, taxes, salaries, benefits, rent, utilities etc.
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Crusader likes this post
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