dale74 · M
First of all, there is a fallacy in your logic.Your taxing companies companies really never pay taxes.They just pass the tax on to the customer. If a company makes a billion dollars
And you tax them, ten percent.They will rise the price of goods and services by fifteen to twenty percent.
The biggest question is, why do you want?The government wasting so much money.The government is not going to spend it on the taxpayer or on the citizen.As a matter of fact, they spend it on everybody.But the citizen.
And you have fifty percent of the citizens that pay zero in taxes.A net zero, they pay taxes.But then they get it back at the end of the year or they receive benefits in excess of the amount that they pay in taxes.This means that they have no skin in the game.That means they get to vote to tax.The wealthier because it really doesn't affect them.
First of all, the federal government could literally reduce all taxes 20.For the common citizen, tax international trade through tariffs and sales. Reduce spending on everything except for military.And that could be reduced by quite a bit. An international projects and by international projects that could be almost anything you could easily trim the federal budget from close 26 trillion down to 1.5 this could easily be covered by tariffs and international trade. As well as sales of federal minerals, timber and such.
Have all your welfare programs?Everything turned over to the local states.Then, you're paying the state taxes for your goods and services that you receive from the state or the government.Also putting the government representation closer to the individual, making them more accountable to the citizens.That they represent.
And you tax them, ten percent.They will rise the price of goods and services by fifteen to twenty percent.
The biggest question is, why do you want?The government wasting so much money.The government is not going to spend it on the taxpayer or on the citizen.As a matter of fact, they spend it on everybody.But the citizen.
And you have fifty percent of the citizens that pay zero in taxes.A net zero, they pay taxes.But then they get it back at the end of the year or they receive benefits in excess of the amount that they pay in taxes.This means that they have no skin in the game.That means they get to vote to tax.The wealthier because it really doesn't affect them.
First of all, the federal government could literally reduce all taxes 20.For the common citizen, tax international trade through tariffs and sales. Reduce spending on everything except for military.And that could be reduced by quite a bit. An international projects and by international projects that could be almost anything you could easily trim the federal budget from close 26 trillion down to 1.5 this could easily be covered by tariffs and international trade. As well as sales of federal minerals, timber and such.
Have all your welfare programs?Everything turned over to the local states.Then, you're paying the state taxes for your goods and services that you receive from the state or the government.Also putting the government representation closer to the individual, making them more accountable to the citizens.That they represent.
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@dale74 Still deflecting and now throwing out insults :D
But you're right, politicians should change the system, that’s literally their job. But pretending they don’t have their hands tied by special interests and donors is naive. The reason tax laws stay rigged in favor of the wealthy isn’t because “they haven’t done their job,” it’s because they’re bought off by the very people who benefit from those tax breaks.
So instead of just pointing fingers, we need to change system so that it actually works for everyday people, not just the wealthy and their lobbyists. But I get it LOL it’s easier to blame the politicians and dismiss the actual problems with the system.
That’s the real stupid part.
But you're right, politicians should change the system, that’s literally their job. But pretending they don’t have their hands tied by special interests and donors is naive. The reason tax laws stay rigged in favor of the wealthy isn’t because “they haven’t done their job,” it’s because they’re bought off by the very people who benefit from those tax breaks.
So instead of just pointing fingers, we need to change system so that it actually works for everyday people, not just the wealthy and their lobbyists. But I get it LOL it’s easier to blame the politicians and dismiss the actual problems with the system.
That’s the real stupid part.
@dale74 Yaaaay! The "you’re brainwashed" card. Always a sign that the argument is lost. When you can’t respond with facts, resorting to insults is the go-to move. But if you're done with logic and want to throw in the towel, I’ll take it as a win.🥳
Have a nice day, and good luck with that "everyone's out to get you" mindset. ;)
Have a nice day, and good luck with that "everyone's out to get you" mindset. ;)
It all just sounds so easy doesn't it? Amazing how Countries with lower tax rates have better lifestyles for all people.
When the rich are put off by high tax rates and move elsewhere and the economy tanks, then what?
When the rich are put off by high tax rates and move elsewhere and the economy tanks, then what?
FreddieUK · 70-79, M
@BritishFailedAesthetic Do you mean the like the better lifestyles and contentment in the Scandinavian countries? Just check out their tax regimes. I'd be interested to know if you had other countries in mind.
Nume25 · 31-35, F
Very insightful
Nume25 · 31-35, F
@wildland let's assume companies like Disney, apple, facebook, nfl, mgm, paid their fair share of taxes your definition of fair share is probably 90 percent currently none but maybe one pay a penny in taxes. So now the US has 90 percent of 4 of the top ten grossing companies in the country where does that money go now
@Nume25
OK, well here's the thing. Many of the wealthiest companies like Disney, Apple, and Facebook pay little to no taxes thanks to loopholes and offshore accounts. It’s not about taxing them at 90%, it’s about making sure they actually pay what they owe. These companies thrive off public infrastructure (roads, internet, education, etc.), and it’s time they contribute fairly.
When they pay their fair share, we can improve healthcare, education, roads, and social services—things that benefit everyone. More revenue = more opportunities for EVERYONE, not just the top 1%. That's clear.
The real question I suppose isn’t should we tax the rich, it’s how do we fix a broken system that lets them avoid paying at all?
OK, well here's the thing. Many of the wealthiest companies like Disney, Apple, and Facebook pay little to no taxes thanks to loopholes and offshore accounts. It’s not about taxing them at 90%, it’s about making sure they actually pay what they owe. These companies thrive off public infrastructure (roads, internet, education, etc.), and it’s time they contribute fairly.
When they pay their fair share, we can improve healthcare, education, roads, and social services—things that benefit everyone. More revenue = more opportunities for EVERYONE, not just the top 1%. That's clear.
The real question I suppose isn’t should we tax the rich, it’s how do we fix a broken system that lets them avoid paying at all?
FreddieUK · 70-79, M
The principle is sound, but the practice more complex. Progressive taxes are the fairest.
FreddieUK · 70-79, M
@Reason10 That's only true if you believe that low earners, working more than one job on low pay are 'moochers' and very rich people somehow worked harder and earned every penny they have and didn't inherit it before gaining even more money. I'm talking about fairness not disdain or envy.
wildbill83 · 41-45, M
@wildbill83
Well it worked up until the 1970s when America did the same. Things started to go to hell when Reagan took over.
Marx, Lenin, Zedong,
All good examples of capitalistic models...Well it worked up until the 1970s when America did the same. Things started to go to hell when Reagan took over.
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romell · 51-55, M
Absolutely rocket science..where did get this knowledge
gol979 · 41-45, M
TAX. IS. THEFT.