40% of U.S. adults don’t have 400$ for an emergency.
Raising taxes should definitely help with that.lol You guys blow my mind
I think raising minimum wages from being peanuts will have much more effect on lower income earners than whatever minor tax differences that would be incurred by those low income earners.... most of the increased taxes will be aimed at much higher earners....
How is someone supposed to manage on $7.25 an hour??
From 4/9/2019
Today
It seems Mueller lied in his report, Mifsud is not a Russian Agent.
Mifsud and Claire Smith train Italian military and law enforcement officials at LINK Campus in Rome. LAD had MOD and Foreign Office contacts. They also ran dipomatic training for Commonwealth countries.
https://archive.fo/bfXGY
The New York Times described Mifsud as an “enthusiastic promoter of President Vladimir V. Putin of Russia”, citing his regular involvement in the annual meetings of the Valdai Discussion Club, a Russian-based think-tank, as well as three short articles he wrote in support of Russian policies.
Mifsud strongly denied claims that he was associated with Russian intelligence, telling Italian newspaper Repubblica that he was a member of the European Council on Foreign Relations and the Clinton Foundation.
Implying minimum wage jobs are a career choice... top bantz
I think raising minimum wages from being peanuts will have much more effect on lower income earners than whatever minor tax differences that would be incurred by those low income earners.... most of the increased taxes will be aimed at much higher earners....
How is someone supposed to manage on $7.25 an hour??
How did i imply that?
It was in in response to PF and the post above his stating 40% of adult Americans don't have $400 for an emergency.
Besides that, it is an unfortunate reality for a lot of folks.... someone has to do those jobs....
The rich have used their massive wealth to destroy antitrust laws which protected small business and the middle class. With guys like trump the rich made sure that the poor working stiffs would pay all the taxes that cover airports for their private jets and all the other services that they enjoy. Don't think there are pot holes in their runways like there are in your roads.
Now he had a nice talk with Putin who told him there was no collusion.
I agree we all should pay taxes. No Bezos the bozo shouldn't make billions tax free. As long as we have the welfare that is our tax system, wealthy people will continue to use deductions and loopholes to pay essentially no income tax. Raising my taxes does nothing to solve the problem, well it does make you feel self-righteous, and important, for giving the government the power to take more money from every hardworking American. I am more in support of a consumption tax replacing the income tax. Or at least a flat 20% on every American making more than 50k a year.
You glorify the mixed economy's of Europe and Scandinavia, you refuse to recognize that they pay 40-50% income tax, and a huge VAT tax. In exchange for their free stuff. Oh, and those taxes start at around 50 k a year. I am not willing to give up half my income for crappy healthcare, at the whim of a unaccountable unelected bureaucrat.
It's really about going back to the system that prospered prior to the system that created demise. Pre Regan, the rich paid taxes that would have the nuts screaming bloody murder today. It is a small price to pay for a system that provides such great prosperity for all.
Packer, I have personally dug down deep and paid those taxes. For college education, medical and a decent retirement, it is a pretty good deal. It is a goal that is unobtainable for most Americans no matter how much they save. I paid more than 50% and that's just half the story because there are huge consumption taxes especially on "luxury" items.
If we didn't have illegal aliens driving down wages, your argument would have some validity. If my family lived under a system like that, we would be homeless, or living with family. I wouldn't have 2 vehicles, and a fairly nice home. My kids would never know anything outside of the village they were born in.
It should be an income tax, or a consumption tax not both. You do realize these countries are scaling back the benefits you claim are so wonderful.
Do you think they are going to reduce the taxes also? Or just reduce the benefits?
While I do think higher education can be a good thing. Not everyone wants to wear a suit an tie every day and spend their lives behind a desk. When you use taxes to provide free college, the middle and lower class are subsidizing the upper income classes. This is my main contention with Liz Warren's eliminating student loan debt. The poor pay for the wealthy. If I don't go to college, I get to pay for some one who did. I know you are big on college, which is a good thing (outside of activist studies, and other useless majors). We still need construction workers who are some of the most skilled workers we have. I know carpenters who do math that would boggle the mind of many engineers. I know plasterers who know how sand , lime, and cement will react to differing conditions better than the chemist who created it. I know electricians who make most engineers look like dolts. These people don't have degrees but are integral part of the economy, and have useful skills. Why should they pay for entitled idiots who want to spend hundreds of thousands of dollars to learn about lesbian dance theory, or liberal arts.
Trump had nothing to do with Congress raiding Social Security. The fact is Social Security is an insurance against old age. Unless we start having many more children Social Security is doomed. As your generation starts to retire, it will collapse. This is a dickhead thing to say, but it's true. The vast majority of the problems we have in America are the responsibility of the Baby Boomers. Time to sit back and let generation x fix the shot you guys fucked up. Yes, you are going to lose the money you put into social security. That's not our fault, it's yours. You want a retirement, you should have had more children, and raised them to be hard working responsible people. Instead you raised a generation of pussies.
Hard times create strong people who create good times, good times
create weak people who create hard times. Its cyclical.
If we didn't have illegal aliens driving down wages, your argument would have some validity. If my family lived under a system like that, we would be homeless, or living with family. I wouldn't have 2 vehicles, and a fairly nice home. My kids would never know anything outside of the village they were born in.
It should be an income tax, or a consumption tax not both. You do realize these countries are scaling back the benefits you claim are so wonderful.
Do you think they are going to reduce the taxes also? Or just reduce the benefits?
While I do think higher education can be a good thing. Not everyone wants to wear a suit an tie every day and spend their lives behind a desk. When you use taxes to provide free college, the middle and lower class are subsidizing the upper income classes. This is my main contention with Liz Warren's eliminating student loan debt. The poor pay for the wealthy. If I don't go to college, I get to pay for some one who did. I know you are big on college, which is a good thing (outside of activist studies, and other useless majors). We still need construction workers who are some of the most skilled workers we have. I know carpenters who do math that would boggle the mind of many engineers. I know plasterers who know how sand , lime, and cement will react to differing conditions better than the chemist who created it. I know electricians who make most engineers look like dolts. These people don't have degrees but are integral part of the economy, and have useful skills. Why should they pay for entitled idiots who want to spend hundreds of thousands of dollars to learn about lesbian dance theory, or liberal arts.
Trump had nothing to do with Congress raiding Social Security. The fact is Social Security is an insurance against old age. Unless we start having many more children Social Security is doomed. As your generation starts to retire, it will collapse. This is a dickhead thing to say, but it's true. The vast majority of the problems we have in America are the responsibility of the Baby Boomers. Time to sit back and let generation x fix the shot you guys fucked up. Yes, you are going to lose the money you put into social security. That's not our fault, it's yours. You want a retirement, you should have had more children, and raised them to be hard working responsible people. Instead you raised a generation of pussies.
Hard times create strong people who create good times, good times
create weak people who create hard times. Its cyclical.
"If we didn't have illegal aliens driving down wages, your argument would have some validity."
Packer, Who do you think did all the construction in the south west and who made all the money ? Who planted and harvested all the food in the San Joaquin Valley and who made all the money? Your argument is nonsense.
"It should be an income tax, or a consumption tax not both. You do realize these countries are scaling back the benefits you claim are so wonderful"
Nonsense. Only true to those listening to right wing propaganda.
Nobody is scaling back.
"I know carpenters who do math that would boggle the mind of many engineers."
Shit yeah, Why would I want to be designing solar systems that could providing clean energy to the world when I could be digging ditches?
We can't afford to waste smart people.
"I know plasterers who know how sand , lime, and cement will react to differing conditions better than the chemist who created it."
Doubtful.
"the middle and lower class are subsidizing the upper income classes"
That is the fact Jack. You said it!
" I know electricians who make most engineers look like dolts."
Yeah right, All those engineers wish they could be pulling wires too.
"Trump had nothing to do with Congress raiding Social Security."
Uhh, If trump had the nations best interest at heart, he would have put money into Social Security instead of a big fat tax break for himself and his donors. A trillion dollars would have gone a long way to fixing social security, but the rich needed it, didn't they?
You drink allot of KoolAide.
"You want a retirement, you should have had more children, and raised them to be hard working responsible people. Instead you raised a generation of pussies."
At least some people know when they're getting screwed. You have no clue.
"hundreds of thousands of dollars to learn about lesbian dance theory"
WTF?
I was one of those people building in the southwest. I sure did get screwed by loser baby boomers like you. Now, you want to screw me and my family by forcing insane taxes on me, so you can live the high life on my dime. Quit being a greedy fuck, and accept the consequences of your generations complete and utter failure.
Listen buddy, Being ignorant is your choice. Don't try to choose it for others. Your brilliant tradesmen friends are in fact victims of ignorant propaganda driven individuals like yourself. It's a shame when intelligent people don't get a chance to live their life to their potential because some arrogant, undereducated, low intelligence, sombitches think that their destiny is good enough for others. Some of these people could be solving the great problems of the world but they are standing there watching plaster harden because of people like you.
Raising taxes should definitely help with that.lol You guys blow my mind
Implying minimum wage jobs are a career choice... top bantz
"Last year the typical working family paid an average of $5,277 in premiums to private healthPersonally I would end up paying over $3k that I don't currently pay, and my coverage would not be any better than my current. Based on the 4 percent income-based premium paid by households.
Looks like you'd go from a 33% marginal rate to a 39% marginal rate. That's the marginal rate though, the on paper rate, most people would have an effective rate that is lower than that. 2016 Bernie campaign numbers would put someone making $260k/yr, paying a $5k premium, paying 39% marginal rate would have an effective rate closer to 27%If I was single and made $260K a year that would make me rich under Bernie's plan and subject to a "progressive" income tax.
i think i just covered this in the previous comment about marginal vs effective tax rates.That would cost about $32k more a year than the current income tax rate. After I purchased a $15k a year policy I'd have equal coverage and an extra $16k in my pocket. Paying $104K on $260K income is robbery and $260K a year does not make me rich if I live in San Fran or NYC.
From the link you posted... Bernie's options for m4a:Amazon paid $0 in federal income taxes on more than $11 billion in profits before taxes for 2018. The company also received a $129 million tax rebate from the federal government. But Bernie proposes 9 ways to Sunday for working people to pay more taxes.
M4A polls at 70% and Bernie is the most popular politician in the country, as well as the Democratic frontrunner for 2020. His platform was called fringe in 2016 now most democratic candidates claim they are for it.Bernie does not have anywhere near the support he would need. It's an empty campaign promise