DriveInDriveOut
Inordinately Right
He did it with handouts from daddy, he's perfect for political office. As a taxpayer, I just don't want to be his daddy.
Bernie Sanders 2016
- Thread starter Zorroinhell
- Start date
moreluck
golden ticket member
newfie
Well-Known Member
I couldn't be more right. We had one election here during Obama's first run where we argued about what range constituted the middle class with no consensus. 40 years ago those who could afford to pay an 80 percent tax rate were ones in the upper class. the lessening of the tax burden has naturally allowed more people to achieve that status sooner.
DriveInDriveOut
Inordinately Right
No you didn't break the law, you're just a freeloading socialist, and a hypocrite
.The handout he got from his daddy to bail out his casino however, was illegal.
the ones who got the biggest tax break were the rich and that was the point. top marginal tax rate was 90% and now its 39%. they pay less than half now. corporations used to pay $1.50 for every dollar an individual paid in taxes. corporations now pay $0.25 for every dollar.
one thing that really pisses me off, and its not rocket science either so ALOT more people should get it but apparently dont, is that a person who works full time for minimum wage but is still in poverty should pay no taxes.
i would say lower middle class would be $40k maybe more. but i agree alot of people disagree on what makes middle class im unaware if theres a consensus.
put it another way, most everyones income is falling, and a small fraction of the population is getting crazy rich.
newfie
Well-Known Member
lot of hatred for americans spewing from this Canadian.
david cay johnston has done a book on your tax system and described it as a system which funnels money from the poor and middle class to the rich.
oldngray
nowhere special
Someone writing a book doesn't make it true. The facts say otherwise.
david cay called it not trickle down economics, but niagra falls in reverse to the rich.
anyways, you would hope an economic system (crony capitalism) which distributes the money so unequally and so poorly in the first place would be countered by a tax system which redistrubutes the money more evenly. i dont think your tax system does this.
"DAVID CAY JOHNSTON: And, in fact, we have redistribution in this country, but it is very much upward. You know, the phrase "trickle-down" was invented to mock Ronald Reagan’s tax policies. But the reality is, it’s not trickle-down, it’s Amazon-up, Niagara-up. And all you have to do is look at the data. From 1961 through 2007, the bottom 90 percent of Americans saw their income rise little tiny amount. But if you’re in the top top group of America, the plutocrat class, for every dollar that each person in the bottom 90 percent got after taxes, you got $35.50—$36.50. Your taxes, if you’re in the plutocrat class, fell from a mid-40 percent range down to where Romney is, 15 percent or so. In 2009, we had six people, according to IRS data, who made over $200 million, who paid no income taxes. And we have people who make billion-dollar incomes and can pay no income taxes because of the rules we have that allow people who are hedge fund managers and private equity managers, like Bain & Company, which was the sole property of Mitt Romney, to defer all of their income. Now, how do they live? Just the same way that the guys who create the internet companies, who take a small salary, and the company pays no dividend, are able to afford their private jets and their mansions: they borrow against their untaxed assets."
newfie
Well-Known Member
the facts say otherwise
newfie
Well-Known Member
David Cay Johnston is also a successful capitalist and a member of the rich ruling class. you continue to ignore that many of the people you quote are making a lucrative living bashing the economics of our system.
"David Cay Boyle Johnston (born December 24, 1948)[1] is an American investigative journalist and author, a specialist in economics and tax issues, and winner of the 2001 Pulitzer Prize for Beat Reporting.
Since 2009 he has been a Distinguished Visiting Lecturer who teaches the tax, property, and regulatory law of the ancient world at Syracuse University College of Law and the Whitman School of Management.[2] From July 2011 until September 2012 he was a columnist for Reuters, writing, and producing video commentaries, on worldwide issues of tax, accounting, economics, public finance and business. Johnston is the board president of Investigative Reporters and Editors.[3] He has also written for Al Jazeera English and America in recent years."
Wikipedia.
i dont think relying on someone being a capitalist or not is a good way of differentiating between someone who is reputable or not simply because they all have to make money be it by donations, or selling books, or speeches, whatever.
im not sure david cay is anti capitalist either. alot of guys i like just want to reform capitalism not get rid of it. you'd have to look up if he has articles on worker cooperatives instead of capitalism.
and i dont think hes part of the ruling class LOL. although thats true alot of guys i listen to do make a good income probably at least $200k a year, but i would say thats because they are popular and often they teach at the top schools.
newfie
Well-Known Member
it discredits their message when they are becoming wealthy and a member of the weathly ruling class by pretending to disavow the system that allows them to get there.
maybe market forces are responsible for making them wealthy. its a miracle of the market lol
realbrown1
Annoy a liberal today. Hit them with facts.
His great accomplishments are being elected to office?
That talent helps us how?
i encourage you to post their teachings
i dont think your mature enough to accept the great ones i listed already: anti NAFTA, anti iraq war, anti TPP, anti wall street bailouts.
they almost passed single payer healthcare in vermont.
you should look it up, you probably wont be disappointed.
