taxes aren't a punishment. They are voluntarily paid by citizens in exchange for the benefits that they provide. Police, fire, military, roads, infrastructure etc.
Amen! I do not get the fixation some have with taxes as being a punishment. I pay a lot in taxes, of course I would like to pay less, but I am OK with the fact the taxes I pay contribute to the society and community I belong to. I am happy contributing to a well educated, healthy community that values family and children.
With all due respect, when a tax policy is based on "people not paying their fair share" and the presumption that business owners are committing fraud I would suggest that those policies are EXPRESSLY punitive.
Right. And because you're happy with the system then everyone else should be happy. We all understand that. Liberalism is the art of gazing at one's own belly button.
That's true. The debate is whether the people themselves are better equipped to discover and manage that investment or whether we need an elite class of decision makers to handle that for us.
That is why we have a democracy. Better the 50% than 1%
Zuckerberg, Gates and Bezos all support liberal causes. Should they be allowed to decide what to do with their money or should we allow the likes of AOC, Jayapal and Omar to decide for them?
Thanks for demonstrating that envy fuels your posts about this topic.
a wealth tax is a form of vandalism. an income tax takes some of what you are bringing in. A wealth tax takes away what you already have. It is not currently constitutional thoughMore likely the uber rich will just find a way around it, requiring the democrats to change the laws again to get their money a different way. Thats why we have 70,000 pages worth of "tax code", 1.2 million tax accountants, 75,000 IRS employees...
Meanwhile, under the less complex 2017 tax reforms, revenues rose by an estimated $627 billion (or 18 percent) in 2021, to a record 4 .047 trillion.
The majority of the people in the country should decide. How else could you do it.?
Amen!!!!!!
Not at all! I don't expect others to have the same values as I do. I also don't demonize others for caring less about their community than I do. Nor do I appreciate being demonized by those who do not share my values.
do you feel the same way about gay rights, and abortion?
Yes. Majority rules but individual rights are protected by the constitution
I want the wealth vandals and parasites to force the wealthy liberals into the GOP/Right wing side of the aisle.
I don't know what that means.
Seriously? Why shouldn't you get to do what you believe is best for you with your earnings and everyone else can do what they find most beneficial to themselves? I mean, seriously, do you let your wife pick out your clothes every day?
when the uber wealthy lefties-who vote for the Democrats for numerous reasons such as
Suggesting it doesn’t make it so. The richest 1% have benefited the most from govnt services and have accumulated a monumental amount of wealth over the past 40 years due to Republican tax policies, so it’s time they start paying their proportionate share again.
Dems plan billionaires’ unrealized gains tax to help fund $2T spending bill
Biden’s spending package continues to stall as senior Democrats are hoping to finalize a proposal on a new annual tax on billionaires’ unrealized capital gains.nypost.com
Not only do they want to tax your income, but now they want to tax income you havent earned yet. The dems social spending is so expensive they will be using income tax, debt, and now future earnings for some people to pay for it. If you have over X dollars in stock which you have not sold, then you will be taxed on its potential value.
Example
You have a million shares of amazon stock, worth at this second ( if you could sell it), 3bn dollars. But you bought it when it was worth 2 billion. Thats 1bn in unrealized gains, pay the govt 500 million dollars.
Theyve floated taxing all the wealth in other assets already, so its no surprise I guess. I sure wish they would make EVERYONE pay their fair share of taxes though, instead of just 5% of americans.
say your grandfather bought a piece of art that has appreciated heavily in the last 80 years. Say a Monet that he bought for 50,000 right after WWII, that was worth a million when he died, and now your parents have died and it is worth 7 million. The wealth vandals want you to yearly pay thousands of dollars merely to maintain ownership of that piece of art even though it doesn't bring in any income and your parents' estate already paid death taxes on it.