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What the....how did you get out of the box?
What the....how did you get out of the box?It's because he lies all the ****ing time. After a while, you stop believing. It has zero to do with being a lib. Aren't you tired of all of the lying and shenanigans?
So my question ends with:I asked it why the post office sucks, and it provided an answer with lots of claims for you to dispute.
Or you lack the understanding necessary to evaluate my comment.Your interpretation of things is rather....silly. Are you sure you are actually reading what you are posting about?
I asked for an honest unbiased answer,
Oh no...Im pretty sure its the former not the latter. You butted into a conversation you obviously werent following and then made a rather stupid interpretation of the comments. Pretty clear, actually.Or you lack the understanding necessary to evaluate my comment.
The conversation is about tariffs, so feel free to ask me a question about tariffs and I'll answer you directly.
I get hit for about 40% at my pretty decent income level.What do you consider their fair share?
Does that include all purchases? Stocks and bonds and stuff? Rental properties?My salary is less than $162k per year.
Makes sense.
I hope so. I've been an advocate for a National Sales Tax for years, now. But only IF the Income Taxes are eliminated entirely. . . for everyone.
Ouch, no thanks. Throw in state/local/payroll, and the government gets more of your work than you do.I get hit for about 40% at my pretty decent income level.
So how about 40% of gross?
I do know that both the vendor and the hotel (both owned by Black Rock) get more per hour than I do for an hour of my work and pay less in taxes. Get to write off all their expenses.Ouch, no thanks. Throw in state/local/payroll, and the government gets more of your work than you do.
Because its an absurd idea.It's not a totally shocking thing. Already 50% pay no income tax. If we can generate substantial tax revenue from tariffs, why not move that number up?
Bringing manufacturing back to the US means more corporate income tax from companies making products domestically. Given the emphasis on recapturing high tech manufacturing it's likely there will be an increase in jobs paying more than $150K meaning income tax liability.Must be your salary?
In any case, it's just another example of the confused fiscal policy of the Trump admin. I've been told this was about bringing manufacturing back to the US. So if that happens, then tariff income will decrease. Then what? A straight up national sales tax?
Having an out-of-control trade deficit will eventually drain our country. When all the wealth is overseas buying up America we'll all be sorry. Maybe you don't mind having a Chinese boss and working for peanuts but I think this county deserves better. Thank God we have Trump that will actually do something about it.Because its an absurd idea.
Is the goal of tariffs to onshore more manufacturing? If so, as more manufacturing is on shored, tariff revenue will go down. Is the goal of tariffs to bring other countries to the table on trade talks? If so, obviously they are going to want to reduce their tariff during those talks.
If you don't mind me asking, what do you do for a living?I do know that both the vendor and the hotel (both owned by Black Rock) get more per hour than I do for an hour of my work and pay less in taxes. Get to write off all their expenses.
Union stagehand. Corporate and Theater.If you don't mind me asking, what do you do for a living?
That's awesome! Sounds like a cool occupation!Union stagehand. Corporate and Theater.
That is a demonstrating a fundamental misunderstanding of trade. For example, you likely have a 100% bilateral trade deficit with your grocery store.Having an out-of-control trade deficit will eventually drain our country. When all the wealth is overseas buying up America we'll all be sorry. Maybe you don't mind having a Chinese boss and working for peanuts but I think this county deserves better. Thank God we have Trump that will actually do something about it.
Around 24% of overall revenue (based on source)
Trump has you fooled if you think this is about trade deficits. It's not, it's about establishing a 10% National import tax. Small countries can never consume products at the level the US does. To believe that is possible is at best naive. If this was about trade deficits why did he leave a 10% tariff on GB who you enjoy a surplus with?Having an out-of-control trade deficit will eventually drain our country. When all the wealth is overseas buying up America we'll all be sorry. Maybe you don't mind having a Chinese boss and working for peanuts but I think this county deserves better. Thank God we have Trump that will actually do something about it.
Is this union or non union?Bringing manufacturing back to the US means more corporate income tax from companies making products domestically. Given the emphasis on recapturing high tech manufacturing it's likely there will be an increase in jobs paying more than $150K meaning income tax liability.
Democrats like Nancy Pelosi love to tout food stamps, SNAP, as economic stimulus. But wages from a manufacturing job don't count because they don't foster government dependence.
No, just retail goods would be subject to the NST. Foods sold in the grocery stores would be exempt from a National Sales Tax, but your $71 filet mignon at the fancy restaurant WOULD be taxed.Does that include all purchases? Stocks and bonds and stuff? Rental properties?
Yes. I've heard that argument, too. It's a bad argument because poorer people buy less expensive products, so naturally their net NST would be substantially lower.Everything I’ve ever seen says a national sales tax is regressive. That it impacts poorer people far more than rich people.
I haven’t done the math. Could be 37%. Over a third of gross for sure. I don’t take deductions, I have a lot of employers and some gigs are short and not all are taxed as a result. So to avoid surprises I just let them take as much as they want.That's awesome! Sounds like a cool occupation!
But I can't imagine you paying 40%, whatif. Not saying you don't make good money, but tippy-top brackets hit 37%.
Sorry, all I'm seeing is your childish reply, do you want to debate the effectiveness of Trump's tariffs?Oh no...Im pretty sure its the former not the latter. You butted into a conversation you obviously werent following and then made a rather stupid interpretation of the comments. Pretty clear, actually.
Well, as of now we don’t get to itemize anymore.No, just retail goods would be subject to the NST. Foods sold in the grocery stores would be exempt from a National Sales Tax, but your $71 filet mignon at the fancy restaurant WOULD be taxed.
Yes. I've heard that argument, too. It's a bad argument because poorer people buy less expensive products, so naturally their net NST would be substantially lower.
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