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Socialism.... Why 2 different interpretations? (Read 525 times)
T And T Garage
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Re: Socialism.... Why 2 different interpretations?
Reply #15 - 03/12/19 at 08:49:30
 
WebsterMark wrote on 03/11/19 at 16:02:14:
Easy - Look no further than the massive tax break the trump administration gave corporations and the top 1%.  How's that worked out so far?

Given the economic condition of the USA right now, I'd say great.

LOL - oh?  So, we all got a huge tax break?  how was your return this year mark?

While the middle class shoulders a large burden of the taxes,

Above $500k pay 38.3% of all taxes; effective rate average of 27.1%
$200 - $500 pay 20.6% with effective rate of 19.4%
$100 - $200 pay 21.7% with effective rate of 12.7%
$50-100 pay 14.1% with rate of 9.2%
$30 -  50K pay 4% with rate of 7.2
Less than 30k pay 1.4% with effective rate of 4.9%

Tell you what - look at that same chart as it compares to wealth.  Completely different.

This from Pew Research.
No one has 2018 data yet. It will be a while and you can't guess what the rates will be based off the tax changes because, once again, there are too many variables to account for.

I found this data for Trump tax rates
For incomes of
$9525 – 82,500 were cut 3% over 2017   10% - 22% rate
$82500 – 157500 cut 4%    24% rate
$157500 -   200k cut 1%     32% rate
200k – 500k remained the same     35% rate
500k+ cut 1.6%  37%

Now, you still can’t take this data and calculate what the final actual numbers will be for the same table as above.

Despite what idiots like AOC and a few one here think and say, no one pays the effective rate. No one paid 90% back in the day when all was great with world...

Yeah mark, we all know that.  But the point you continue to miss is why no one paid the full amount.  There used to be incentives to invest your money into building your business.  Corporations used to have consciences.  Now, it's just free for all hoarding.

So more lies cemented as facts by leftist and their media friends, but unfortunately, the rich pay their share plus some.


LOL - no, they don't . Again, you miss the point.  The burden is not the same.

A person with $1000 in cash is going to miss $20 far less than the person with $50 in their pocket.

It's simple burden, not amount.
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T And T Garage
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Re: Socialism.... Why 2 different interpretations?
Reply #16 - 03/12/19 at 08:50:51
 
WebsterMark wrote on 03/11/19 at 16:05:08:
While the middle class shoulders a large burden of the taxes, it sees the smallest return.  And it's because of welfare.  The welfare that's being given to corporations and the top 1%.  They carry very little (if any) burden.  (How much did Amazon pay?)

And it's that socialist/communist attitude that makes the American Democratic Socialist Party far more likely to lead us to Venezuela than Sweden.  


So you're cool with the likes of Amazon effectively paying zero taxes?

It's so nice to see that you welcome the oligarchs.

SMH
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LostArtist
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Re: Socialism.... Why 2 different interpretations?
Reply #17 - 03/12/19 at 11:52:43
 
MnSpring wrote on 03/11/19 at 16:49:08:
LostArtist wrote on 03/11/19 at 16:19:54:
 you feel that some people are less worthy and therefor less human than others.  

Is a Citizen, of the Country one votes in,
less of a human-being than a person,
who is Not a Citizen of that Country ?

NO.

So I am just as good of a human-being, as the, Citizens/Subjects, of Every Other Country on this Planet.

So do I, get to send in a Vote to every one ?
How about just this continent ?
Well maybe, just Mexico, and Canada, which I have been in many times.
And most certainly time my next visits, with their elections.

(So Eegore's Reply #5, didn't explain it ?)






how about just where you LIVE
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WebsterMark
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Re: Socialism.... Why 2 different interpretations?
Reply #18 - 03/12/19 at 12:43:32
 
Above $500k pay 38.3% of all taxes; effective rate average of 27.1%
$200 - $500 pay 20.6% with effective rate of 19.4%
$100 - $200 pay 21.7% with effective rate of 12.7%
$50-100 pay 14.1% with rate of 9.2%
$30 -  50K pay 4% with rate of 7.2
Less than 30k pay 1.4% with effective rate of 4.9%


This is highly misleading. the people making over $500K HAVE MORE OF THE MONEY, so of COURSE THEY PAY MORE.... even if it was a flat rate they'd pay more,  it's like when you say more white people are killed by cops than black people.... there are MORE WHITE PEOPLE...

What's misleading? The claim was rich people don't pay their share. I said rich pay their share and then some.
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WebsterMark
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Re: Socialism.... Why 2 different interpretations?
Reply #19 - 03/12/19 at 12:48:11
 
Corporations used to have consciences.  Now, it's just free for all hoarding
Are you a child or something. Corporations used to have consciences.... What does that even mean?

Corporations spend an enormous amount of money on charity. You just don't know it. Do you have any idea the difference Don Tyson has made in his community? The people who own Enterprise Leasing here in St Louis have spent millions over the years....  you're an idiot. Stop talking.
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T And T Garage
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Re: Socialism.... Why 2 different interpretations?
Reply #20 - 03/12/19 at 13:22:08
 
WebsterMark wrote on 03/12/19 at 12:48:11:
Corporations used to have consciences.  Now, it's just free for all hoarding
Are you a child or something. Corporations used to have consciences.... What does that even mean?

It's sad you don't know.

Corporations spend an enormous amount of money on charity. You just don't know it. Do you have any idea the difference Don Tyson has made in his community? The people who own Enterprise Leasing here in St Louis have spent millions over the years....  you're an idiot. Stop talking.

Nice name calling.  I guess that's all you've got.

I'll never stop talking mark.  no way you can ever stop me.

Womp womp..

If you ever get your lips off trump's taint, let me know.

Cheesy




Update/edit:

Hey vers - I suppose mark calling me an idiot is somehow my fault, huh?


Grin Grin Grin Grin Grin
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LostArtist
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Re: Socialism.... Why 2 different interpretations?
Reply #21 - 03/12/19 at 13:31:42
 
WebsterMark wrote on 03/12/19 at 12:43:32:
Above $500k pay 38.3% of all taxes; effective rate average of 27.1%
$200 - $500 pay 20.6% with effective rate of 19.4%
$100 - $200 pay 21.7% with effective rate of 12.7%
$50-100 pay 14.1% with rate of 9.2%
$30 -  50K pay 4% with rate of 7.2
Less than 30k pay 1.4% with effective rate of 4.9%


This is highly misleading. the people making over $500K HAVE MORE OF THE MONEY, so of COURSE THEY PAY MORE.... even if it was a flat rate they'd pay more,  it's like when you say more white people are killed by cops than black people.... there are MORE WHITE PEOPLE...

What's misleading? The claim was rich people don't pay their share. I said rich pay their share and then some.


so, this includes ALL TAXES, not just income...  right?  and we have a progressive income tax systems which means that it's NOT A FLAT RATE, so yes they pay more, that's how the LAW is.  

the simple argument is equity vs equality



now does that work the best in EVERYTHING, no, but it's not a bad starting point, is it?
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LostArtist
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Re: Socialism.... Why 2 different interpretations?
Reply #22 - 03/12/19 at 13:32:25
 
T And T Garage wrote on 03/12/19 at 13:22:08:
WebsterMark wrote on 03/12/19 at 12:48:11:
Corporations used to have consciences.  Now, it's just free for all hoarding
Are you a child or something. Corporations used to have consciences.... What does that even mean?

It's sad you don't know.

Corporations spend an enormous amount of money on charity. You just don't know it. Do you have any idea the difference Don Tyson has made in his community? The people who own Enterprise Leasing here in St Louis have spent millions over the years....  you're an idiot. Stop talking.

Nice name calling.  I guess that's all you've got.

I'll never stop talking mark.  no way you can ever stop me.

Womp womp..

If you ever get your lips off trump's taint, let me know.

Cheesy




Update/edit:

Hey vers - I suppose mark calling me an idiot is somehow my fault, huh?


Grin Grin Grin Grin Grin



well as Eegore would say, you're half to blame for reading it....
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WebsterMark
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Re: Socialism.... Why 2 different interpretations?
Reply #23 - 03/12/19 at 13:46:52
 
No lost. The simple argument is we take in enough money, plenty of money. It's not income that's the problem. It's spending. You just can't keep taking more money and expect to hit the magic formula. The rich pay plenty. Thinking you can solve problems by taxing the rich is fools gold. Stop chasing it.
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WebsterMark
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Re: Socialism.... Why 2 different interpretations?
Reply #24 - 03/12/19 at 13:48:03
 
I'll never stop talking mark.  no way you can ever stop me.

Keep it up; everyone needs comic relief.
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T And T Garage
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Re: Socialism.... Why 2 different interpretations?
Reply #25 - 03/12/19 at 14:09:39
 
WebsterMark wrote on 03/12/19 at 13:48:03:
I'll never stop talking mark.  no way you can ever stop me.

Keep it up; everyone needs comic relief.



LOL - yeah, and yet you're the one who's name calling... how about that?
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Re: Socialism.... Why 2 different interpretations?
Reply #26 - 03/12/19 at 14:19:34
 
WebsterMark wrote on 03/12/19 at 13:46:52:
No lost. The simple argument is we take in enough money, plenty of money. It's not income that's the problem. It's spending. You just can't keep taking more money and expect to hit the magic formula. The rich pay plenty. Thinking you can solve problems by taxing the rich is fools gold. Stop chasing it.


Well, it seemed to work pretty good in the 40's, 50's, 60's and 70's.

It's about burden mark, not amount.

Like I said and like Lost's picture shows - the big guys don't need a step up.

A person with $50 in their pocket will miss the $15 in tax far more than person with $1000 would miss their 300.

But naw - you keep on supporting the very same people that keep you pushed down where you're at in your job.  Keep supporting a corporate environment that puts profit above all else.  Keep putting the oligarchs in charge.

LOL - thankfully, that outdated mindset is dying - albeit a slow, agonizing death - at least it's dying.
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LostArtist
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Re: Socialism.... Why 2 different interpretations?
Reply #27 - 03/12/19 at 14:20:57
 
WebsterMark wrote on 03/12/19 at 13:46:52:
No lost. The simple argument is we take in enough money, plenty of money. It's not income that's the problem. It's spending. You just can't keep taking more money and expect to hit the magic formula. The rich pay plenty. Thinking you can solve problems by taxing the rich is fools gold. Stop chasing it.



well you can't solve it by taxing the poor and giving to the rich either
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Re: Socialism.... Why 2 different interpretations?
Reply #28 - 03/12/19 at 14:30:10
 
LostArtist wrote on 03/12/19 at 13:32:25:
T And T Garage wrote on 03/12/19 at 13:22:08:
Update/edit:

Hey vers - I suppose mark calling me an idiot is somehow my fault, huh?


Grin Grin Grin Grin Grin
[/color]



well as Eegore would say, you're half to blame for reading it....

lol
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WebsterMark
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Re: Socialism.... Why 2 different interpretations?
Reply #29 - 03/12/19 at 14:32:27
 
well you can't solve it by taxing the poor and giving to the rich either
No one's doing that and no one's suggesting that.
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