All well and good, but when you have a sizeable number of people who make probably $50,000 a year, and who also think that billionaires should pay no taxes, that's where we are at.
I literally do not know a single person that thinks billionaires shouldn't pay income taxes. I'm sure they're out there somewhere but I've never run into them. I am 1000% in favor of closing the carried interest loophole and stopping someone from living off debt their entire life in order to not show AGI on their tax return. The issue I have is this idea of a wealth tax where we confiscate 5% of your net worth every year until you die, or making the marginal tax rate north of 50%. We need people, especially high achievers, to have incentives to earn. Without that they'll just go to the beach and count their money all day.
That's because it's a BS talking point with no basis in fact. It gets pushed by Dems who conveniently "forget" who actually funds their preferred candidates. Dems have held power many, many times and will do so again. Driving up taxes on the people who donate to your campaign is exactly how you LOSE power. Rich people support both sides of the aisle so they won't have to worry regardless of who wins. When you think about it, very little changes for us, either. Anyone who thinks this is just a coincidence should go get a CAT scan to see if there is anything between their ears.
I agree that the SS cap should be removed but that's not really going to hurt the "rich" since they have very little earned income (a tax term). It will only hurt the upper middle class. No problem with that. However, it isn't going to "fix" the shortfall. It will help extend out the impending bankruptcy (BS term everyone likes to use) for a few more years.
dammit biden /sMan, those people are in for a shock:
Bird Flu Is Back
After a quiet summer, the virus is hitting poultry flocks hard in the run-up to the holidays — and in the midst of a federal government shutdown.www.nytimes.com
Likely to impact not just the price of eggs, but also chicken and...gulp...turkeys.
yep, raise taxes on the über wealthy by 3% and you know what will happen to them?
Rub some dirt on it, you will be alright...
I remember actually doing that in jr high football practice. That was right after being told that water will just give you cramps, and, "Here, swallow this big salt tablet and you'll be alright".
nypost.com
Dems admit to prolonging shutdown for ‘leverage,’ as Nov. 1 open enrollment deadline nears
Open enrollment is set to begin on Nov. 1, with voters expected to start getting notices from insurance companies about their premiums rising around that time.
Finally, we have some honesty.
The hell of it is, it isn't really a secret at all. Everyone knows this except for the exceptionally stupid, but people still play the game. They still insist in the hero mythology of "good versus evil" for reasons I can't even begin to fathom. (Actually, I can. Psychology has identified the cause of this idiocy, but I'm just too tired to get into it now. Pretend I didn't say anything.)
Hell, no. They are job creators. They shouldn't have to pay any taxes. It will all trickle down to everyone in the end. Like poop sliding down the hill.
I found this short video of the interview.
