General Billionaire cries over 2% wealth tax

Discussion in 'The Off-topic Lounge' started by Toelocku, Nov 6, 2019.

  1. JonJonesBeard

    JonJonesBeard The Face That Runs the Place

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    annnnd thanks for coming out.
     
  2. Hauler

    Hauler Unknown Member

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    I'm OK with a progressive tax system.

    What I don't agree with are statements about a wealth cap/tax. Money earned has already been taxed. You don't get to tax it again.

    At the root of it all is money being wasted by DC. More money doesn't fix that problem.
     
    #52 Hauler, Nov 7, 2019
    Last edited: Nov 7, 2019
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  3. conor mcgregor nut hugger

    conor mcgregor nut hugger One-term President

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    Rich people should be taxed at a higher rate than poor people. That is just common sense.
     
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  4. Filthy

    Filthy ZBM2.

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    you say that like 'wealth' is finite.

    EDIT - and like bureaucracy and oligarchies work for the COMMON GOOD.
     
  5. Filthy

    Filthy ZBM2.

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    and income taxing the wealthy at a higher rate has never worked. We're punishing productivity...

    Sweden actually taxes the poor at a higher rate than the wealthy, FWIW.
     
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  6. Hauler

    Hauler Unknown Member

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    They are.

    There are 7 tiers
    Percentages: 10, 12, 22, 24, 32, 35, 37%

    Rich people are smart with deductions and good at finding ways to hold onto their money, but we do have a tiered system.

    Anyone over $600k is in the 37% bracket

    Again, I'm fine with all that.
    I'm against taxing what people have stored in their bank account.
     
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  7. JonJonesBeard

    JonJonesBeard The Face That Runs the Place

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    I like when they tax the dead people for not spending their money.
     
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  8. Sex Chicken

    Sex Chicken Un-jerseyable

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    Billionaires existing is clear proof of a broken system. A system that rewards ingenuity and innovation is great but there is no possible justification for anyone deserving or earning that kind of wealth. A few people at the top of the pyramid hoarding money they have acquired through a glitch in the system hurts everybody.
     
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  9. Zeph

    Zeph TMMAC Addict

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    How can anyone live on just £999,999,999? Why won't someone stand up for the poor billionaires? Truly the most oppressed people in society.
     
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  10. Zeph

    Zeph TMMAC Addict

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    If wealth is unlimited why don't we just make everyone a billionaire?
     
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  11. RaginCajun

    RaginCajun Undefeated in i don't know what

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    Many great wealths have come from stealing others ideas or property. Microsoft, Facebook, and McDonald's were built on it.
     
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  12. Hauler

    Hauler Unknown Member

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    Yeah. Just print a shit ton of money. Problem solved.
     
  13. jason73

    jason73 TMMAC 2020
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    so many pussies in this thread
     
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  14. Zeph

    Zeph TMMAC Addict

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    So wealth is finite after all? Glad we got that sorted out.
     
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  15. Filthy

    Filthy ZBM2.

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    because infinite potential is not the same as infinite quantity.

    a kernel of rice can feed the world, if you're a steward of the resource and give it the benefit of your time and talent.

    but actions like raising minimum wage is just artificial inflation of currency value, which actually devalues the investments of poor and lower middle class citizens.
     
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  16. Hauler

    Hauler Unknown Member

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    That's an even better idea than making the min wage $20/hour
     
  17. Toelocku

    Toelocku Nationalist Populist

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    What did I say that indicates that
     
    #67 Toelocku, Nov 7, 2019
    Last edited: Nov 7, 2019
  18. Toelocku

    Toelocku Nationalist Populist

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    Yes it has fdr did it
     
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  19. Filthy

    Filthy ZBM2.

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    have you checked the national debt since Wilson/FDR started doing their thing? how did taxing the rich at 90% work for Dwight? (not really, but still...)

    A flat sales tax, maybe a commercial property tax are the only taxes that make sense to me.
     
  20. Kneeblock

    Kneeblock Jumbo shrimp

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    Couldn't agree more. Probably better to have a fair living wage and the abolition of classes.
     
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  21. Kneeblock

    Kneeblock Jumbo shrimp

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    That make sense for what?
     
  22. Kneeblock

    Kneeblock Jumbo shrimp

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    How do you suppose it gets in their bank account?
     
  23. JonJonesBeard

    JonJonesBeard The Face That Runs the Place

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    Oh, boy.
     
  24. The Boatman

    The Boatman <------=<
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    Panama Papers

    lets discuss that aspect of the wealthy and $$$$
     
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  25. JonJonesBeard

    JonJonesBeard The Face That Runs the Place

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    You know what would fix that problem? Increasing the amount of money they need to send to offshore accounts.
     
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