@no1marauder saidRewrite this with the word 'illegal' and someone might read it. As it is, it means nothing. Illegal drug lords are high income, little feller.
You don't want higher income individuals to "move here", remember? You bitched about Chinese and Indian immigrants even though they have higher than average income than the native born.
@no1marauder saidWhat should be the consequence, the next step, when your bourgeoisie discovers that a man has 'more money than he needs"? This is a serious question. I will refrain at the moment from how one decides if a man has more than he needs.
I already showed that most corporate profits are simply plowed back to rich guys, who already have more money than they need.
Government spends money on many worthwhile things while morons like Musk chase more paper. And to the extent that corporations make actual Economic investments, they pay no taxes on the money spent for them.
Investment in Economics is based o ...[text shortened]... complish that; how many hundreds of years of economic reality do you have to be shown to grasp that?
@averagejoe1 saidIt's what is called a "graduated income tax".
What should be the consequence, the next step, when your bourgeoisie discovers that a man has 'more money than he needs"? This is a serious question. I will refrain at the moment from how one decides if a man has more than he needs.
Ever hear of it?
Just as a reminder, the economic system the People put into effect should be primarily designed to enhance average living standards and avoid destitution and misery, not merely create an elite aristocracy.
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@kevcvs57 saidI was unfortunately relegated to stopping the reading of this post after the first 15 words, because you mention that pesky phrase 'Fair Share'. I would not have been able to respond to an unknown, so had to pass.
If he’s buying them with what should have been his fair share of the tax burden it’s got everything to do with this average earnings tax payer you halfwitted turd
The poster I replied was pretending that Biden was increasing the tax burden for the average citizen but that was a lie, and your reply to me was a disingenuous diversion from my point.
Right winger and lying pos are basically interchangeable descriptions huh
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In the 1950s, revenue from the Corporation Tax was over 5% of GDP; now it is a little above 1% of the same. The statutory tax rate is less than half what it was back then. https://www.pgpf.org/blog/2023/04/six-charts-that-show-how-low-corporate-tax-revenues-are-in-the-united-states-right-now
Biden is correct to propose a modest corporate tax increase to be offset by reductions in consumer tax rates.
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@no1marauder saidbiden would be correct to state we need to stop spending money to figure out how a Portuguese trans monkey masturbates.
In the 1950s, revenue from the Corporation Tax was over 5% of GDP; now it is a little above 1% of the same. The statutory tax rate is less than half what it was back then. https://www.pgpf.org/blog/2023/04/six-charts-that-show-how-low-corporate-tax-revenues-are-in-the-united-states-right-now
Biden is correct to propose a modest corporate tax increase to be offset by reductions in consumer tax rates.
.
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@no1marauder said…….and the shortage/reduction of revenues twill be made up by increasing soars of products.
In the 1950s, revenue from the Corporation Tax was over 5% of GDP; now it is a little above 1% of the same. The statutory tax rate is less than half what it was back then. https://www.pgpf.org/blog/2023/04/six-charts-that-show-how-low-corporate-tax-revenues-are-in-the-united-states-right-now
Biden is correct to propose a modest corporate tax increase to be offset by reductions in consumer tax rates.
You Libs, you leave out so many pertinent facts, which you find inconvenient when you submit your halfhearted unclosed points on the Forum.
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@mott-the-hoople saidI gave you a thumbs up, but the problem is, is that marauder actually takes your statement to be logical.
biden would be correct to state we need to stop spending money to figure out how a Portuguese trans monkey masturbates.
.
@no1marauder
I already showed that most corporate profits are simply plowed back to rich guys, who already have more money than they need.
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I told you, they **invest** those monies, not - plow it back to rich guys.
You're one of those numbnuts left wingers that thinks rich people just sit around counting 100's and bars of gold all day.
B'jeeezus
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@earl-of-trumps saidRepublicans won't do it.
Cut spending.
Here we are, the USA, wiith a government that has the world's highest anual income of any government in the world.
And it's not enough??
My ass. let them cut things like the military, social programs.
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@earl-of-trumps saidDespite 40+ years of relentless cutting rich folks' taxes, the share of GDP going to gross private economic Investment (not mere paper chasing) is little different than it was in the 1970s. https://fred.stlouisfed.org/series/A006RE1Q156NBEA
@no1marauder
I already showed that most corporate profits are simply plowed back to rich guys, who already have more money than they need.
--------------------------
I told you, they **invest** those monies, not - plow it back to rich guys.
You're one of those numbnuts left wingers that thinks rich people just sit around counting 100's and bars of gold all day.
B'jeeezus
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@earl-of-trumps saidTrickle down economics Earl? Come on, you know better.
@no1marauder
I already showed that most corporate profits are simply plowed back to rich guys, who already have more money than they need.
--------------------------
I told you, they **invest** those monies, not - plow it back to rich guys.
You're one of those numbnuts left wingers that thinks rich people just sit around counting 100's and bars of gold all day.
B'jeeezus
73d
@AverageJoe1
I guess you loved the Trump tax bribe, what, 2 tril less government money but they needed that money anyway and mysteriously the national debt went up two trill also.
So I guess you figure government money should come from the backs of workers so big pharm and big business can put their money into stock buy backs which is exactly what they did with the tax bribe of Trump, didn't result in companies investing in American made like Trump said, but for you just business as usual and lets raise the tax on poor folks instead if government needs money.
I guess it is ok from your POV if a trillion dollar business pays zero income tax and that is perfectly alright with you.
So if we need to cut back on spending, take it out of social security or medicare or the affordable care act, right? Who needs that BS stuff anyway.
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@no1marauder saidYes, there is already a graduated income tax to cover your matters of concern. So why do you keep writing about it, it is already there. Are you suggesting some change or modification? It has been working for a long time. What do people want now? What has changed? Is someone asking for money who has no right to such monies? If so, who? Hard to keep up with you libs, it is like being in a race, it is like 'Who's on first' personified.
It's what is called a "graduated income tax".
Ever hear of it?
Just as a reminder, the economic system the People put into effect should be primarily designed to enhance average living standards and avoid destitution and misery, not merely create an elite aristocracy.
I do think that the destitute should be taken care of by the government, close to 50M souls. We are not writing about them. And you would have to define enhancing average living standards. Some (the successful, the rich) have above-average living standards, and some have below-average. Is that what you are hinting about, that maybe you want to rectify that schism of society? How so?
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@averagejoe1 saidDeficit is over a trillion. If no one in government is able to cut spending, then taxes must go up. If taxes must go up, tax the rich! Blame Republicans.
Yes, there is already a graduated income tax to cover your matters of concern. So why do you keep writing about it, it is already there. Are you suggesting some change or modification? It has been working for a long time. What do people want now? What has changed? Is someone asking for money who has no right to such monies? If so, who? Hard to keep up with you li ...[text shortened]... Is that what you are hinting about, that maybe you want to rectify that schism of society? How so?