Armed Polite Society
Main Forums => Politics => Topic started by: Ben on December 26, 2020, 12:20:18 PM
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I hate when these "millionaires" get together for a little virtue signaling and "hey, look at me!" time. As the link says, it's extremely easy for them to pay higher taxes if they want to. We all know they really don't want to and will still use their CPAs to follow the tax code to their advantage.
I'm betting if we went to a straight 10% flat tax, no deductions, they would all be singing a different tune.
https://twitchy.com/dougp-3137/2020/12/26/guilt-ridden-ultra-wealthy-begging-to-have-their-taxes-increased-get-informed-how-to-make-it-happen/
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As stated in many of the comments there's nothing stopping them from sending in more money.
But I'm sure in any "tax the rich" tax hike they know the dems will be making sure there are tax loop holes for their rich dem supporting friends so they know they probably won't be paying much if any increase in taxes.
But before we do a "tax the rich" tax hike lets as a test do a massive across the board tax increase on Hollywood elites who seem to be crowing for this stuff the loudest and see if they change their tune.
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The want taxes on INCOME, not wealth.
They don’t want peole clawing their way out of the middle class.
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The first person focused on in the article is Abigail Disney. So someone who didn't earn the money she has and has a guilt complex because she is rich. I bet many of the others in this group also fit that description. And instead of finding ways to help people directly with her own money, she spends time trying to get the Govt to take more of other people's money.
https://www.newyorker.com/magazine/2020/01/06/the-ultra-wealthy-who-argue-that-they-should-be-paying-higher-taxes?mbid=social_twitter&utm_source=twitter&utm_medium=social&utm_brand=tny&utm_social-type=owned
They mention she heard of a night janitor working for Disney who died while living their car. The article mentioned a higher minimum wage and unions. Didn't mention her building affordable housing near the Disney park or maybe subsidizing housing herself or Disney doing it. I have no idea what housing is already in that area. I have heard in Florida, Disney owns quite a bit of real estate.
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And I guess those on this forum know that none of Abigail Disney's wealth will be touched by higher income taxes. Just the income generated each year (that isn't in tax shelters or covered by some other tax loophole). So she is really advocating to take more money from people who may not have a lot of wealth (yet) thereby increasing the barrier between the middle class and the wealthy class.
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An interesting and timely study on how trickle down tax cuts don't really trickle down:
https://www.washingtonpost.com/business/2020/12/23/tax-cuts-rich-trickle-down/
http://eprints.lse.ac.uk/107919/
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An interesting and timely study on how trickle down tax cuts don't really trickle down:
https://www.washingtonpost.com/business/2020/12/23/tax-cuts-rich-trickle-down/
http://eprints.lse.ac.uk/107919/
Was that what they were really measuring? Scanning through it all sounds like a bunch of propaganda saying the rich aren't paying enough without really defining who those people are and what they are paying. A bunch of comparative charts that say very little. It just strikes me as class warfare nonsense.
For that matter, why should the rich/weathly pay a higher tax rate on their income? Does that help you or me any?
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Considering that Congress and the President spend millions/billions more than we take in as tax revenue annually I say why should we have to pay taxes at all?
Obviously, the debt will never be paid off, it's a mathematical impossibility without totally debasing the currency (further).
The whole ponzi scheme has to be coming close to an end, it cannot endure indefinitely.
I know! How about a Great Reset!
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And I guess those on this forum know that none of Abigail Disney's wealth will be touched by higher income taxes. Just the income generated each year (that isn't in tax shelters or covered by some other tax loophole). So she is really advocating to take more money from people who may not have a lot of wealth (yet) thereby increasing the barrier between the middle class and the wealthy class.
Good point.
But in addition, my assessment is that by climbing onto the redistribution wagon, all these wealthy wealth-distribution folks are angling to secure Commisar or higher positions in the coming collapse into complete Communism.
Their motivation may be a combination of your point and my point, plus a ploy to prevent the mobs from storming their individual, personal, Bastilles.
But what do I know?
This list of possible motivations is not exhaustive, I'm sure.
Terry, 230RN