Wally
BrownCafe Innovator & King of Puns
At what income separates the two?
Several. Biggest is probably the roughly 50% that have nothing in the stock market.
Brownslave688
You want a toe? I can get you a toe.
They should either be smarter or work harder.
Wally
BrownCafe Innovator & King of Puns
40k? 50k? I hear that from time to time, but never know what income is a "have not"?
Good point. But do you think a family of 5 making 50k a year can afford investment? If wages have remained basically flat, pensions bankrupted, and education costs constantly on the rise, where does investment income come from?
Or change the rules.
Cramerism that makes sense: Bears make money. Bulls make money. Pigs get slaughtered.
Brownslave688
You want a toe? I can get you a toe.
You're a maroon if you have 3 kids and only make 50k a year
The country is full of morons.
Brownslave688
You want a toe? I can get you a toe.
To what?
This isn't 1990 where everyone needs to buy thru a broker.
Some people will always have loads of cash. Some people will always be broke. Just the way it is. No matter what the rules are.
Brownslave688
You want a toe? I can get you a toe.
Yeah it is and they already get more than enough handed to them.
The taxation rules. Didn't you get just a little queasy hearing that Republicans wanted to limit 401(k) contributions to $2400 per year to pay for tax breaks at the top?
Now who's getting too much handed to them?
Brownslave688
You want a toe? I can get you a toe.
For starters doing so would be political suicide.
Second it wouldn't cap the contributions at $2400 only the tax break.
Third you're talking about an ultra rich elite that will never play by the same rules. That's just a fact. If they are playing by the same rules we've collapsed America as it is and would be living in hell essentially
How about the ones on welfare that have 6 kids.
Jkloc420
Do you need an air compressor or tire gauge
if you take the top rate down 1 percent the rich will get a tax break. They have more money so the 1 percent would be bigger for them. However it isnt the rate, it is the deductions they get.
Yes and no.
Political suicide that was being seriously considered.
The tax break goes from 24000 to 2400 and you say "only"?
Maybe. Maybe not.
