I Cried Today

  • big_g
    Isle, MN
    Posts: 21835
    #2186707

    <div class=”d4p-bbt-quote-title”>Joe Jarl wrote:</div>
    Again, this!^^ Look up Dan Pilla. He is a tax policy expert that has been lobbying for this for a while. His explanation of what this could look like is a real eye opener. No more IRS (think of those cost savings), no more tax returns, no more tax breaks for the rich (if you’re one of those that think the rich aren’t paying their fair share), massive savings for individuals and businesses by doing away with payroll tax processing and returns.

    I mean it makes too dang much sense to do this which is precisely why it will never happen.

    That and all those government cushy jobs go *POOF*… plus its easier to target/harass people with the current system. coffee

    Eelpoutguy
    Farmington, Outing
    Posts: 9806
    #2186711

    Flat tax means everyone pays – Illegals – Tourists. Everyone.
    Lot of extra funds that were untappable prior.

    riverbassman
    Posts: 211
    #2186729

    It will get worse in years’ to come.

    Biden is going to raise taxes to support his spending habits..

    oh…and to support Ukraine and their government pensions and lavish lifestyles…Zelensky’s wife needs another $50k for a spring shopping spree in Paris..

    you’re footing the bill..

    You do know the tax code has not been changed since the last President was in Office? It was said back then that the 3-4th years of the new tax code would hit the Middle Class…… welcome to the 4th year!

    Justin Donson
    Posts: 337
    #2186733

    What a pathetic attempt at an argument. So you are trying to say that Amazon pays the same amount of taxes as you do? GTFOH. What my initial argument was if person A makes 250,000 a year and person B makes 40,000 per year they have equal stake in road maintenance. The more you drive on said roads the more gas you use hence taxed more. Now electric vehicles pose a particular challenge since they are not paying tax on fuel so how are these vehicles contributing to road maintenance? That is a huge loophole that needs to be closed.

    Dude, you are either unable to comprehend the argument or are intentionally avoiding it.

    First, no one is talking about someone who makes $250,000 a year. If you think that’s what I mean by ‘the ultra wealthy’, you are multiple 0’s away from the definition of ultra wealthy.

    Second, looking at taxes paid as a total number is another just stupid conservative talking point. I’m talking about the amount someone, or a company pays, proportionally to income/profit. This is why understanding progressive and regressive taxes is important. Richie rich talking points will hammer on the progressive taxes and conveniently leave out that their overall tax burden is significantly less when you consider regressive taxes(e.g. they stop paying into social security after ~$170,000 earned in a year).

    From your example, your guy how makes $250,000 paid about 4% of their income towards social security last year. Your guy who makes 40k paid in 6.2% of their income towards social security. That’s regressive.

    Amazon pays in something like 6% of their profit in taxes federally. I pay 24% federally.

    So no, I’m not saying that I’m paying the same amount of taxes as Amazon is. I’m saying that I pay MORE taxes as a % of my income than Amazon is, and so are you. (and thus more money towards infrastructure). That’s just talking about federal income tax. If we include local/state taxes and subsidies they’ve received, that disparity grows. Which is what I’m saying is BS.

    You’re joking right? If anything we should be spending more on our military. I don’t want to derail this topic but you obviously haven’t served or have a family member in the military.

    Many friends and family have served in the military, some of them proudly, some of them not so much. The amount of money we spend on the military is a complete joke. I mean unless you are the CEO of Lockheed Martin or something, then that defense spending is niiiiiice.

    BigWerm, we are probably more in agreement than you realize on the government spending side of things, but I feel like you’re just moving the argument somewhere else. No one is saying that the government will solve our problems, this conversation was around how much do people pay in taxes and what’s ‘appropriate’ and ‘fair’.

    For the record, the government sucks.

    How the government spends it is absolutely another problem.

    The point I’m trying to make, whether the government collects $1 Trillion or $2 Trillion in taxes a year, a greater amount of that money should be collected from the ultra wealthy and large corporations NOT from middle class / lower class. By any reputable study, the ultra wealthy and large corporations are NOT paying their fair share when you look at it as a proportion of income earned or accumulated. Answer this question straight up, Do you think that Warren Buffet should have a smaller tax burden than you?

    However, you playing the ‘socialist’ card is just an immediate acknowledgement that you’re too far on the conservative side to even argue about it with. If you think making corporations and billionaires pay more taxes makes this a socialist proposal, I guess keep on sucking on Tucker Carlson’s teet and enjoy watching all that money trickle down into your pockets.

    Billionaires increased their wealth by like 30% during the pandemic. We all did too right? That alllll just trickled down right into my pockets.

    I’m sure when you all are billionaires and CEOs you’ll be really glad you fought for their right to pay less in taxes than you do now though, so you got that going for you.

    CaptainMusky
    Posts: 19165
    #2186737

    My net worth increased between 25 and 30% during Covid as well. Apparently I am doing things better than you are?

    big_g
    Isle, MN
    Posts: 21835
    #2186739

    Mine too. I heard Biden was gonna tax the ultra rich… he had 2 years with the congress.. yet nothing happened ? AOC even wore that “TAX THE RICH” dress at that $35,000 per ticket gala ? Dam conservatives.

    Justin Donson
    Posts: 337
    #2186744

    My net worth increased between 25 and 30% during Covid as well. Apparently I am doing things better than you are?

    Congrats to you Captain! Sounds like you had a great couple of years, I wish everyone in the US was so lucky.

    But should I consider this your way of saying you can’t refute my argument? Perfect, we can all move on knowing that tax burden as a % of income is a much more meaningful measure than total raw dollars paid in.

    Mine too. I heard Biden was gonna tax the ultra rich… he had 2 years with the congress.. yet nothing happened ? AOC even wore that “TAX THE RICH” dress at that $35,000 per ticket gala ? Dam conservatives.

    Just because you all slob on Trump’s knob doesn’t mean that more progressively minded folks do the same for Democrats. Most elected Democrats are absolute losers. Say whatever you want about Biden, he’s a turd. It won’t hurt my feelings. You all get a bit triggered if I bring up Trump though :).

    CaptainMusky
    Posts: 19165
    #2186751

    But should I consider this your way of saying you can’t refute my argument? Perfect, we can all move on knowing that tax burden as a % of income is a much more meaningful measure than total raw dollars paid in.

    I dont think anyone would argue that tax burden as % of income is perhaps a more meaningful measure, but same could be said of the % burden on lower income levels when impacted by inflation. Cost of living increases hit the poor much harder than anyone else.

    Rodwork
    Farmington, MN
    Posts: 3773
    #2186757

    I also shredded a tear when I meet with my tax accountant. It made it easer having a colonoscopy two days earlier. Still hurts. Last year I paid into the state $25 and received $45 from fed. Thought I did good and didn’t change my set up from last year. Boy was I wrong.

    BigWerm
    SW Metro
    Posts: 10168
    #2186768

    BigWerm, we are probably more in agreement than you realize on the government spending side of things, but I feel like you’re just moving the argument somewhere else. No one is saying that the government will solve our problems, this conversation was around how much do people pay in taxes and what’s ‘appropriate’ and ‘fair’.

    For the record, the government sucks.

    How the government spends it is absolutely another problem.

    The point I’m trying to make, whether the government collects $1 Trillion or $2 Trillion in taxes a year, a greater amount of that money should be collected from the ultra wealthy and large corporations NOT from middle class / lower class. By any reputable study, the ultra wealthy and large corporations are NOT paying their fair share when you look at it as a proportion of income earned or accumulated. Answer this question straight up, Do you think that Warren Buffet should have a smaller tax burden than you?

    However, you playing the ‘socialist’ card is just an immediate acknowledgement that you’re too far on the conservative side to even argue about it with. If you think making corporations and billionaires pay more taxes makes this a socialist proposal

    The problem with your argument about the “wealthy” is you are implying net worth is income. The reason the wealthy don’t pay a significant % in taxes relative to NET WORTH, is because NET WORTH is not income, it’s investments and subject to capital gains taxes, not income taxes. There’s a discussion to be had there, but you are either purposefully or ignorantly being misleading. And on changes to capital gains taxes, it’s important to remember “There are no solutions, only tradeoffs” -Thomas Sowell

    As far as Bezos goes, his lifetime Net Worth is soon to be less than what we have given to Ukraine for that couple year old proxy war. Since you are opposed to military spending, you should be spending as much time rallying against funding Ukraine as you do Bezos…or even more since Bezos actually provides a significant value to his customers, employees and society as a whole, all while not holding a gun to anyone’s head to give him their money nor in order to derive his net worth. Wish we could say the same for the Govt. And again if we want to have a serious conversation about this topic, let’s start with the CIA who can’t account for 61% of it’s $3.5 TRILLION (with a T) budget.

    http://www.thehill.com/policy/defense/3740921-defense-department-fails-another-audit-but-makes-progress/

    Eelpoutguy
    Farmington, Outing
    Posts: 9806
    #2186775

    Just because you all slob on Trump’s knob doesn’t mean that more progressively minded folks do the same for Democrats. Most elected Democrats are absolute losers. Say whatever you want about Biden, he’s a turd. It won’t hurt my feelings. You all get a bit triggered if I bring up Trump though :).

    [/quote]

    Got it! waytogo

    TheFamousGrouse
    St. Paul, MN
    Posts: 10972
    #2186777

    The ultra rich not paying enough taxes is a fallacy. The top 1% pay over 42% of the taxes while the bottom 50% pay only 2%.

    The problem is not what % the ultra-rich are paying. The problem is what they SHOULD be paying if they were taxed at the same effective rate that the middle class are paying. The top 1% would be paying almost 75% of the taxes in the US if they paid taxes at the same effective rate as the average middle-class taxpayer pays.

    And yet people defend billionaires as if doing so somehow lowers their own taxes.

    Gitchi Gummi
    Posts: 2704
    #2186788

    You do know the tax code has not been changed since the last President was in Office? It was said back then that the 3-4th years of the new tax code would hit the Middle Class…… welcome to the 4th year!

    winner winner, chicken dinner

    big_g
    Isle, MN
    Posts: 21835
    #2186790

    The liberals parade out the ultra rich like Buffet, Gates, Bezos and they say “we should pay more” (then they don’t) and the peasants rejoice !!!

    Most people I know were better off from 2016-2020, until Fauci’s China virus hit… and he shut down all the small business’ he could. It literally set a generation behind on Education… and when they tried firing it back up, they were teaching the kids about racism and hate… and if your a minority, your less of a person and its because little white Scotty did it to you.

    All this spending by Biden has nothing to do with everything going up… and Covid just helped the situation !!

    glenn57
    cold spring mn
    Posts: 10308
    #2186792

    damn..i’;m about to bring my taxes in…..and you fellers are scaring the hello out of me!!!!!!!! doah doah

    Hard Water Fan
    Shieldsville
    Posts: 750
    #2186802

    Just because you all slob on Trump’s knob doesn’t mean that more progressively minded folks do the same for Democrats. Most elected Democrats are absolute losers. Say whatever you want about Biden, he’s a turd. It won’t hurt my feelings. You all get a bit triggered if I bring up Trump though :).

    Got it! waytogo
    [/quote]

    Justin pretty much lost any credibility he had with that statement.

    I am a conservative. I voted against Trump in 16, for him in 20. Will not support him moving forward.

    Our government taxes the blank out of hard working people, whether or not they are “wealthy”, and then is not a good steward of what they take. There is waste from top to bottom in our government. Yet taxpayers are the ones that pay that price.

    bullcans
    Northfield MN
    Posts: 1937
    #2186808

    My net worth increased between 25 and 30% during Covid as well. Apparently I am doing things better than you are?

    Mine too. I heard Biden was gonna tax the ultra rich… he had 2 years with the congress.. yet nothing happened ? AOC even wore that “TAX THE RICH” dress at that $35,000 per ticket gala ? Dam conservatives.

    Damn what do you guys do for a living?
    I missed the boat someplace for sure during Covid as I lost my job and haven’t quite bounced back from it!

    CaptainMusky
    Posts: 19165
    #2186812

    Damn what do you guys do for a living?
    I missed the boat someplace for sure during Covid as I lost my job and haven’t quite bounced back from it!

    I’m in IT. Got a great raise a bonus. Worked from home so spent way less plus I was invested wisely. Of course this is mostly on paper. My home is worth double if not more than what I owe so things have fallen together. It was a hard few years for a lot of people like you which saddens me because it wasn’t necessary at all.

    Bearcat89
    North branch, mn
    Posts: 17821
    #2186834

    <div class=”d4p-bbt-quote-title”>bullcans wrote:</div>
    Damn what do you guys do for a living?
    I missed the boat someplace for sure during Covid as I lost my job and haven’t quite bounced back from it!

    I’m in IT. Got a great raise a bonus. Worked from home so spent way less plus I was invested wisely. Of course this is mostly on paper. My home is worth double if not more than what I owe so things have fallen together. It was a hard few years for a lot of people like you which saddens me because it wasn’t necessary at all.

    Very sad for some guys during that time. The concrete world has been awesome during the entire covid scandal. Every one wanted to remodel and the government handed out money to help it happen. My full time union job was swamped and side work was as well. Interest rates dropped and many people still spent tons on material even though prices were at record highs.

    Jason
    Posts: 707
    #2186876

    4 pages of info and I don’t see hardly anyone bitching about the approx 50% of Americans that don’t pay any taxes.
    Hell it is pretty normal for some people to get a bigger refund than what they paid in total taxes during the calendar year when they get all of the credits that are available. Taxing the crap out of the super rich will only make things more unfair than what they already are and eventually come down to the average educated worker.

    Gitchi Gummi
    Posts: 2704
    #2186897

    Jason, I think most people in this thread are in agreement that the middle class pays the brunt of the taxes and that is not ok for a variety of reasons.

    When someone at the poverty line with negative net worth gets a special credit on their taxes, it doesn’t bother me as much as it does when a billionaire (like POTUS45) doesn’t pay any taxes. Which one bothers you more?

    Eelpoutguy
    Farmington, Outing
    Posts: 9806
    #2186907

    Jason, I think most people in this thread are in agreement that the middle class pays the brunt of the taxes and that is not ok for a variety of reasons.

    When someone at the poverty line with negative net worth get a special credit on their taxes, it doesn’t bother me as much as it does when a billionaire (like POTUS45) doesn’t pay any taxes. Which one bothers you more?

    I agree with this statement.
    However, politicians have a great way of blurring the middle class line which spans the tax bracket from 22% to 37%.
    They get us all fighting just like we are doing here. I can hear then laughing at us all the way from DC.

    glenn57
    cold spring mn
    Posts: 10308
    #2186914

    i swore i was going to mostly stay out of this but i needed to add my 2 cents.

    i have no issue with temporarily helping those less fortunate…but only temporarily. when it goes on 4-5 years and they dont try and go to work. NOT!!! call me whatever you want but when i see someone that hasnt worked and they get more money back then they paid in, or that i may get, I Have an issue with that.

    i needed help years ago…recently divorced with custody of 3 kids working full time. they said i made to much money. so i put my big boy pants on……worked OT and watched what i spent,….. yea igot out of it but not because i relied on others!!!!

    Eelpoutguy
    Farmington, Outing
    Posts: 9806
    #2186917

    i swore i was going to mostly stay out of this but i needed to add my 2 cents.

    i have no issue with temporarily helping those less fortunate…but only temporarily. when it goes on 4-5 years and they dont try and go to work. NOT!!! call me whatever you want but when i see someone that hasnt worked and they get more money back then they paid in, or that i may get, I Have an issue with that.

    i needed help years ago…recently divorced with custody of 3 kids working full time. they said i made to much money. so i put my big boy pants on……worked OT and watched what i spent,….. yea igot out of it but not because i relied on others!!!!

    Been there.
    Ain’t a better feeling than kicking and scratching yourself to success.

    Good job Glenn waytogo toast

    glenn57
    cold spring mn
    Posts: 10308
    #2186921

    ^^^^^ thanks SIR…..pretty much how i feel!!!!!!! waytogo

    i had a daughter with 2 kids play the system really cranked me up and i road her about it, no i havee a stepson, married and 2 kids and doing the same thing going on 5 years. it boils my blood pressure!!!!

    Gitchi Gummi
    Posts: 2704
    #2186933

    I agree with this statement.
    However, politicians have a great way of blurring the middle class line which spans the tax bracket from 22% to 37%.
    They get us all fighting just like we are doing here. I can hear then laughing at us all the way from DC.

    True that EPG. They do a great job of pitting us against one another when in reality, we need to stick together to be able to achieve any sort of material change. As long as they keep a roughly 50/50 red vs blue mentality in this country, they’ll be able to keep playing us for the fools that we are.

    Bearcat89
    North branch, mn
    Posts: 17821
    #2186935

    <div class=”d4p-bbt-quote-title”>Eelpoutguy wrote:</div>
    I agree with this statement.
    However, politicians have a great way of blurring the middle class line which spans the tax bracket from 22% to 37%.
    They get us all fighting just like we are doing here. I can hear then laughing at us all the way from DC.

    True that EPG. They do a great job of pitting us against one another when in reality, we need to stick together to be able to achieve any sort of material change. As long as they keep a roughly 50/50 red vs blue mentality in this country, they’ll be able to keep playing us for the fools that we are.

    This is it 100 percent. You can see it clearly just on this site alone.

    Bearcat89
    North branch, mn
    Posts: 17821
    #2186936

    i swore i was going to mostly stay out of this but i needed to add my 2 cents.

    i have no issue with temporarily helping those less fortunate…but only temporarily. when it goes on 4-5 years and they dont try and go to work. NOT!!! call me whatever you want but when i see someone that hasnt worked and they get more money back then they paid in, or that i may get, I Have an issue with that.

    i needed help years ago…recently divorced with custody of 3 kids working full time. they said i made to much money. so i put my big boy pants on……worked OT and watched what i spent,….. yea igot out of it but not because i relied on others!!!!

    Same thing I went through just a few years back.
    And now my ex is still riding the system because it’s allowed. She denied more working hours when offered because it took away from the free bees she is handed in the first place. It’s disgusting

    CaptainMusky
    Posts: 19165
    #2186945

    As long as they keep a roughly 50/50 red vs blue mentality in this country, they’ll be able to keep playing us for the fools that we are.

    Well Walz just made sure the Dems will be controlling everything in this state by passing the drivers license for all bill yesterday. Now anyone living here legally or not will be allowed to vote. How great.

    Dan
    Southeast MN
    Posts: 3452
    #2186949

    This is it 100 percent. You can see it clearly just on this site alone.

    Agree. People talk about the handouts, welfare, free stuff, then have the back of corporations or others who get tax breaks or bailouts, or vice versa. No one is going to want to pay taxes but all of us in the middle class do, we work hard and then get a bunch of money taken from us. So what should matter is when people or groups unethically find ways to take advantage of that, get free stuff, or not pay taxes.

    Agree on limits like Glenn says. Anyone at any time could need assistance out of the blue. When that goes on too long or is abused that becomes a problem. Conversely, I don’t think success should be punished, and rich people aren’t obligated to solve the problems. However, when my tax dollars go to bailout money to prop a company up, then that money is used to pay out bonuses, there’s a problem. When wealthy people or businesses get granted money through programs such as PPP and they don’t need it, there’s a problem.

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