I drink your milkshake! a metaphor for capitalism

[rickyb]

Now that the standard deduction is $12,000 I don't think households making under $12,000 have too much to worry about. And those people getting the much bigger break pay the bulk of the taxes in the U.S.. They now have more to put back into the economy providing more jobs for the rest of us. #stoptheenvy!

check out david cay johnston.

btw im not familiar with that source but im assuming it was a big tax cut for the rich primarily. what else is new.

taxing the poor is criminal.

 

[oldngray]

people making $12,000 shouldnt be paying any taxes

Hard to get much of a tax break if you don't pay any taxes.

 

[rickyb]

Someone making $12,000 probably doesn't end up owing any tax. They may end up getting paid extra from tax credits.

i hope so

 

[rickyb]

Hard to get much of a tax break if you don't pay any taxes.

i hope your right. the government should be giving them money depending on their situation.

 

[rickyb]

30 percent of 3 million is going to be more then 30 percent of 12000

but in that example they gave 6.5% break to the 3 million guys, but only 0.5% to the 12,000 guys

 

[Jkloc420]

a

but in that example they gave 6.5% break to the 3 million guys, but only 0.5% to the 12,000 guys

and if you make 12000 your most likely getting money back at the end of the year

 

[Jkloc420]

but in that example they gave 6.5% break to the 3 million guys, but only 0.5% to the 12,000 guys

12000 is way below the poverty line

 

[rickyb]

12000 is way below the poverty line

wayyyyy

 

[rickyb]

AFL-CIO‏Verified account @AFLCIO 6h6 hours ago




Corporations are getting big tax breaks yet we have yet to see that “trickle” down to America’s working people in the form of bonuses and raises. #TaxScam #TaxDay

 

[Jkloc420]

AFL-CIO‏Verified account @AFLCIO 6h6 hours ago




Corporations are getting big tax breaks yet we have yet to see that “trickle” down to America’s working people in the form of bonuses and raises. #TaxScam #TaxDay

they are also hiring

 

[rickyb]

they are also hiring

thats the least they could do!

 

[oldngray]

AFL-CIO‏Verified account @AFLCIO 6h6 hours ago




Corporations are getting big tax breaks yet we have yet to see that “trickle” down to America’s working people in the form of bonuses and raises. #TaxScam #TaxDay

Sounds great for people who own stocks.

Which is most people whether directly or indirectly.

 

[Jkloc420]

ma

thats the least they could do!

manufacturing jobs which pay pretty good here are coming back

 

[Jkloc420]

I posted this before

The number of 401(k) millionaires hits a new high

 

[rickyb]

Which is most people whether directly or indirectly.

well thats where we disagree!

 

[oldngray]

well thats where we disagree!

Think of corporations as big co-ops.

They are owned by the shareholders.

 

[rickyb]

I posted this before

The number of 401(k) millionaires hits a new high

but isnt that because the stock market is at record highs?

and am i reading that right its 150,000 people?

 

[rickyb]

Think of corporations as big co-ops.

They are owned by the shareholders.

haha theres a difference. coops im talking about have worker participation in management and probably ideally 1 worker 1 vote. corporations are mostly owned by people with all the money.

 

[Jkloc420]

but isnt that because the stock market is at record highs?

and am i reading that right its 150,000 people?

it is both, stock market and people being smart and invested

 

[rickyb]

ma

manufacturing jobs which pay pretty good here are coming back

i dont think manufacturing will ever be the same because of automation.