Should those with income greater than $1 million be taxed to provide property tax relief for you.
Property Tax Relief and Fairness: this is a slogan for peddling a government policy. What is wrong with it?
41-45, M
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ElwoodBlues · M
@sree251 says
In addition, rich people have many more assets to protect - not just personal property but all their domestic investments amount to property. If we were invaded and subjugated tomorrow, middle class people would lose ownership of their houses, but rich people would lose ownership of all their stocks, bonds, trusts, etc. They have a LOT more property; it's fitting that they pay more to protect it.
Note that compensation includes health insurance, matching payroll taxes, commissions, etc.
As it is,t he richest Americans pay more than their fair share. They drive the economy and provide jobs. On top of that, they shoulder the burden of payroll taxes in addition to 401k contributiions for employees.
That's a mixture of highly misleading and dead wrong.the richest Americans pay more than their fair share.
NOPE! Not when you look at total tax burden. As Warren Buffet famously pointed out, His secretary Bosanek pays a tax rate of 35.8 percent of income, while Buffett pays a rate at 17.4 percent. Only cherrypickers who ignore payroll taxes would agree with your claim.On top of that, they shoulder the burden of payroll taxes in addition to 401k contributiions for employees.
NOPE! Corporations do that. As Mitt Romney famously pointed out, for tax purposes, "corporations are people too!" And the matching taxes they pay for employees is merely a form of deferred compensation. It's part of the employee's salary, not some gift from rich people.They drive the economy and provide jobs.
Again, that's corporations, not rich people. In fact, many rich people shift money to overseas tax shelters to avoid taxation. And corporations don't provide jobs out of the goodness of their hearts, they NEED workers to make money. And even though workers get more and more productive, their real wages stay stagnant. Why shouldn't workers share in the benefits of their increasing productivity??In addition, rich people have many more assets to protect - not just personal property but all their domestic investments amount to property. If we were invaded and subjugated tomorrow, middle class people would lose ownership of their houses, but rich people would lose ownership of all their stocks, bonds, trusts, etc. They have a LOT more property; it's fitting that they pay more to protect it.
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sree251 · 41-45, M
@ElwoodBlues
Are you making a distinction between Bezos (rich person) and Amazon (corporation)? If you want to split hairs, then you are thinking like a typical woke dud.
What is a rich person by your definition?
Again, that's corporations, not rich people.
Are you making a distinction between Bezos (rich person) and Amazon (corporation)? If you want to split hairs, then you are thinking like a typical woke dud.
What is a rich person by your definition?
sree251 · 41-45, M
@ElwoodBlues
The top wage earners in the top 5% ($300,000) or 10% ($250,000) income bracket are not rich people in the wealthy class. They are professionals, employees of organizations, people using their skills to work for living. Then, there are the wealthy people like Warren Buffet who owns controlling shares in the company they work for as CEO but fix their salary to a level of $15 an hour to avoid paying taxes. Trump did not take a salary as President of the USA. This is one way to escape from the tax man.
There may be very few Jeff Bezos and it doesn't take many people like him to generate the $23 trillion economy of the USA. The rest of the population of 350 million are deadweights that can be replaced by robots and foreign workers. You woke folks have no utility value to the nation.
There are very few Jeff Bezos in the country; not worth finagling the definition to accommodate him. I'm gonna define rich people as having net worths in the top 5% or 10% of society and commensurate incomes.
The top wage earners in the top 5% ($300,000) or 10% ($250,000) income bracket are not rich people in the wealthy class. They are professionals, employees of organizations, people using their skills to work for living. Then, there are the wealthy people like Warren Buffet who owns controlling shares in the company they work for as CEO but fix their salary to a level of $15 an hour to avoid paying taxes. Trump did not take a salary as President of the USA. This is one way to escape from the tax man.
There may be very few Jeff Bezos and it doesn't take many people like him to generate the $23 trillion economy of the USA. The rest of the population of 350 million are deadweights that can be replaced by robots and foreign workers. You woke folks have no utility value to the nation.
sree251 · 41-45, M
@ElwoodBlues
Rich people are entrepreneurs: people who start businesses and take on the risks and rewards that come with it. Entrepreneurs are often seen as a driving force in the modern economy, and are known for their ability to anticipate needs and bring new ideas to market.
Depends. What is your definition of rich??
Rich people are entrepreneurs: people who start businesses and take on the risks and rewards that come with it. Entrepreneurs are often seen as a driving force in the modern economy, and are known for their ability to anticipate needs and bring new ideas to market.
sree251 · 41-45, M
@ElwoodBlues
People with $5 million or more are poor people with money. They are not rich people who have the ability to either generate wealth or contribute to the well-being of society. Woke people are not rich people. Generally, they don't even have money. This is why they are a liability to society.
So the definition of rich has nothing to do with income or assets?? People with $5 million in their investment portfolio aren't rich???
People with $5 million or more are poor people with money. They are not rich people who have the ability to either generate wealth or contribute to the well-being of society. Woke people are not rich people. Generally, they don't even have money. This is why they are a liability to society.
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sree251 · 41-45, M
@ElwoodBlues
You woke people have the impression that rich people steal from the poor, and that's the only way they acquire wealth. And the richer they get, the poorer you people are. The fact is, it is the government that is doing the stealing, from both the rich and the poor. And the government is formed by the poor people, run by the poor people, for themselves. If you don't get part of the spoils, it is too bad.
Actually, what you call rich people are alien lizards in fat suits.
You woke people have the impression that rich people steal from the poor, and that's the only way they acquire wealth. And the richer they get, the poorer you people are. The fact is, it is the government that is doing the stealing, from both the rich and the poor. And the government is formed by the poor people, run by the poor people, for themselves. If you don't get part of the spoils, it is too bad.
ElwoodBlues · M
@sree251 pretends
I define rich the same way economists do. You came in with some bizarre definition of rich that's just absurd. Let's see what the dictionary says:
P.S. I think it's really revealing to see how conservatives define 'Woke' when they're under oath:
You woke people have the impression that rich people still from the poor,
That fallacy is both a straw man and an ad hominem!I define rich the same way economists do. You came in with some bizarre definition of rich that's just absurd. Let's see what the dictionary says:
merriam-webster.com
rich, wealthy, affluent, opulent mean having goods, property, and money in abundance. rich implies having more than enough to gratify normal needs or desires.
rich, wealthy, affluent, opulent mean having goods, property, and money in abundance. rich implies having more than enough to gratify normal needs or desires.
And the government is formed by the poor people,
Look up the net worth of all the senators and congress members. According to the dictionary definition, they are RICH.P.S. I think it's really revealing to see how conservatives define 'Woke' when they're under oath:
sree251 · 41-45, M
@ElwoodBlues
Relying on the dictionary is no different from relying on the Bible. Do Lutherans see eye to eye with Jehovah Witnesses? You are such a dud, Elwood.
They are poor people with money. Rich people generate wealth out of thin air. Poor people beg, borrow, steal, and kill in order to get the excess money they have. Woke people are poor people who envy rich people. This is why they align themselves with politicians, senators and congress members, crooked birds of a feather.
I define rich the same way economists do. You came in with some bizarre definition of rich that's just absurd. Let's see what the dictionary says:
Relying on the dictionary is no different from relying on the Bible. Do Lutherans see eye to eye with Jehovah Witnesses? You are such a dud, Elwood.
Look up the net worth of all the senators and congress members. According to the dictionary definition, they are RICH.
They are poor people with money. Rich people generate wealth out of thin air. Poor people beg, borrow, steal, and kill in order to get the excess money they have. Woke people are poor people who envy rich people. This is why they align themselves with politicians, senators and congress members, crooked birds of a feather.
ElwoodBlues · M
@sree251 You have convinced me! I'm throwing out the dictionary and making my own definition of RICH.
Poor people have no college degree. Middle class people have a bachelor's and no more. Rich people have a PhD or equivalent. Gates & Zuckerberg? Poor people with money - they dropped out of Harvard. Trump? Middle class guy who inherited money. Likewise Elon Musk. Lisa Su of AMD? Rich person. Noyce & Moore & Grove of Intel? Rich people. Dr Edward Jenner, Jonas Salk, Dr. John Snow, Dr. William T.G. Morton, Dr Louis Pasteur? Rich people.
Poor people have no college degree. Middle class people have a bachelor's and no more. Rich people have a PhD or equivalent. Gates & Zuckerberg? Poor people with money - they dropped out of Harvard. Trump? Middle class guy who inherited money. Likewise Elon Musk. Lisa Su of AMD? Rich person. Noyce & Moore & Grove of Intel? Rich people. Dr Edward Jenner, Jonas Salk, Dr. John Snow, Dr. William T.G. Morton, Dr Louis Pasteur? Rich people.
sree251 · 41-45, M
@ElwoodBlues
It's not about making definition. It's about intuiting the truth according to nobody but yourself. Don't ever run with the crowd. It's what woke people do.
What has book learning to acquire information got to do with intelligence? Elon Musk didn't learn rocket science from NASA's Phds. Those duds wasted tons of money ditching the first stage booster with every launch. Bureaucrats are poor people who have no incentive to save taxpayers' money.
You have convinced me! I'm throwing out the dictionary and making my own definition of RICH.
It's not about making definition. It's about intuiting the truth according to nobody but yourself. Don't ever run with the crowd. It's what woke people do.
Poor people have no college degree. Middle class people have a bachelor's and no more. Rich people have a PhD or equivalent.
What has book learning to acquire information got to do with intelligence? Elon Musk didn't learn rocket science from NASA's Phds. Those duds wasted tons of money ditching the first stage booster with every launch. Bureaucrats are poor people who have no incentive to save taxpayers' money.
ElwoodBlues · M
@sree251 says
It's about intuiting the truth according to nobody but yourself.
Well the Earth looks flat to me and the sky looks like a big inverted bowl, so, according to you, I should ignore Columbus and Magellan and Galileo and Hubble and decide the Earth is flat and galaxies don't exist🤣😂🤣😂
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sree251 · 41-45, M
@ElwoodBlues
Correct! You've got it. I don't even know what Columbus and Magellan and Hubble are all about. I have no beliefs.
Well the Earth looks flat to me and the sky looks like a big inverted bowl, so, according to you, I should ignore Columbus and Magellan and Galileo and Hubble and decide the Earth is flat and galaxies don't exist🤣😂🤣😂
Correct! You've got it. I don't even know what Columbus and Magellan and Hubble are all about. I have no beliefs.
sree251 · 41-45, M
@22Michelle And what are you, Michelle?
22Michelle · 70-79, T
@sree251 Retired, comfortanly off and reasonably happy, though realising that the world is not fair. That the USA and the UK only pretend to be democracies and sadly the 1% have pretty much won, mainly because they've persuaded many people they somehow deserve to be extremely wealthy due to birth.
sree251 · 41-45, M
@22Michelle
Me too, retired and reasonably happy. Nothing is fair if we insist on measuring everything we see. Just mind our own business, and stay out of trouble.
Retired, comfortanly off and reasonably happy, though realising that the world is not fair.
Me too, retired and reasonably happy. Nothing is fair if we insist on measuring everything we see. Just mind our own business, and stay out of trouble.
sree251 · 41-45, M
@CorvusBlackthorne
What do you expect me to do with regard to the welfare of humanity. I am not woke and feel that I am imbued with the power to shape society for the better. I mind my own business.
Of course. Just fiddle whilst Rome burns. You have yours. Why should you care if the rest of humanity dies?
What do you expect me to do with regard to the welfare of humanity. I am not woke and feel that I am imbued with the power to shape society for the better. I mind my own business.
ElwoodBlues · M
@sree251 asks
BTW, speaking of woke, how woke was THIS guy??
For I was an hungred, and ye gave me meat: I was thirsty, and ye gave me drink: I was a stranger, and ye took me in:
Naked, and ye clothed me: I was sick, and ye visited me: I was in prison, and ye came unto me.
Then shall the righteous answer him, saying, Lord, when saw we thee an hungred, and fed thee? or thirsty, and gave thee drink?
When saw we thee a stranger, and took thee in? or naked, and clothed thee?
Or when saw we thee sick, or in prison, and came unto thee?
And the King shall answer and say unto them, Verily I say unto you, Inasmuch as ye have done it unto one of the least of these my brethren, ye have done it unto me.
What do you expect me to do
Feel compassion and occasionally act on it? Is that too much to ask??BTW, speaking of woke, how woke was THIS guy??
For I was an hungred, and ye gave me meat: I was thirsty, and ye gave me drink: I was a stranger, and ye took me in:
Naked, and ye clothed me: I was sick, and ye visited me: I was in prison, and ye came unto me.
Then shall the righteous answer him, saying, Lord, when saw we thee an hungred, and fed thee? or thirsty, and gave thee drink?
When saw we thee a stranger, and took thee in? or naked, and clothed thee?
Or when saw we thee sick, or in prison, and came unto thee?
And the King shall answer and say unto them, Verily I say unto you, Inasmuch as ye have done it unto one of the least of these my brethren, ye have done it unto me.
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