motonoggin Posted February 5, 2019 Share Posted February 5, 2019 Quote Link to comment Share on other sites More sharing options...
snoughnut Posted February 5, 2019 Share Posted February 5, 2019 Soak the rich? Interesting........the govt. had no problem soaking the taxpayers to bail out the elite Wall Street gang. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 5, 2019 Share Posted February 5, 2019 7 minutes ago, revkevsdi said: Where? People always claim the money will leave. If they are closing the money laundering tax havens, where is the money going to go? Aftertax money has nothing to do with laundering and you are free to go wherever. Try and pay attention. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 5, 2019 Share Posted February 5, 2019 1 minute ago, snoughnut said: Soak the rich? Interesting........the govt. had no problem soaking the taxpayers to bail out the elite Wall Street gang. What do you consider rich? For most its someone who make twice what they make. 1 Quote Link to comment Share on other sites More sharing options...
motonoggin Posted February 5, 2019 Share Posted February 5, 2019 Just now, ArcticCrusher said: What do you consider rich? For most its someone who make twice what they make. I'm sure the rich are grateful for all the defense you give them for free. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted February 5, 2019 Share Posted February 5, 2019 6 minutes ago, ArcticCrusher said: Aftertax money has nothing to do with laundering and you are free to go wherever. Try and pay attention. Deflection. Not an answer. You said they make there money work for them. Where is a lower tax country where their money will work for them? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 5, 2019 Share Posted February 5, 2019 4 minutes ago, motonoggin said: I'm sure the rich are grateful for all the defense you give them for free. Yet you are trying so hard to get there. 1 Quote Link to comment Share on other sites More sharing options...
Dave Posted February 5, 2019 Share Posted February 5, 2019 Just now, ArcticCrusher said: Yet you are trying so hard to get there. They will start taxing the fuck out of his grow op and he well do a complete 180. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 5, 2019 Share Posted February 5, 2019 (edited) 4 minutes ago, revkevsdi said: Deflection. Not an answer. You said they make there money work for them. Where is a lower tax country where their money will work for them? Well the USA's personal taxes are still very competitive on the lower end, so it wouldn't be in their best interest now would it? Do I need to draw you a map? Also I'm pretty sure there money is working well for them, that is why the gap keeps widening. Edited February 5, 2019 by ArcticCrusher Quote Link to comment Share on other sites More sharing options...
Cop Watch Posted February 5, 2019 Share Posted February 5, 2019 14 hours ago, revkevsdi said: nt of taxpayers paid an average of 42.0 percent of their income in federal, state, and local taxes. Since then, the average effective tax rate of the top 1 percent has declined slightly overall. In 2014, the top 1 percent of taxpayers paid an average tax rate of 36.4 percent. 2014 was before Trump reduced their taxes by 3.3 percent. So its closer to 33 percent instead of 42%. 9% of 10 million is $900,000.00 per year. The trump tax cut gave $1,700 to a family making $50-75 grand. 900,000/1700. Is 530 families. Those 530’families would increase the economy more than the one rich guy would. https://www.washingtonpost.com/news/wonk/wp/2017/12/06/the-richest-1-percent-now-owns-more-of-the-countrys-wealth-than-at-any-time-in-the-past-50-years/?noredirect=on&utm_term=.45ec99fa9657 You have to be stupid to think the top 1 percent collected 40% of the wealth by working harder and smarter than everyone else. The federal law approved by President Trump and the then-GOP controlled Congress limited SALT deductions to $10,000. The loss of revenue from New York’s wealthiest puts New York in a bind because the state relies on a progressive income tax system that taxes the rich at a higher rate. One percent of the state’s top income earners provide 46 percent of the state’s personal income tax revenues, officials said. Cuomo said Albany can’t go to the well and tax the wealthy again because that would only worsen the situation, citing “anecdotal” evidence that high-income New Yorkers are already fleeing the state to lower-tax jurisdictions. He offered no figures to back up the claim. “I don’t believe raising taxes on the rich. That would be the worst thing to do. You would just expand the shortfall,” he said. “God forbid if the rich leave.” Aside from spending, Cuomo’s slide presentation also mentioned the state is phasing in tax cuts for middle-income New Yorkers — raising questions whether the state would have to postpone the reductions. Quote Link to comment Share on other sites More sharing options...
motonoggin Posted February 5, 2019 Share Posted February 5, 2019 5 minutes ago, DAVE said: They will start taxing the fuck out of his grow op and he well do a complete 180. Lol nope. We'll have $300k in yearly license fees by the end of the year. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 5, 2019 Share Posted February 5, 2019 2 minutes ago, Cop Watch said: The federal law approved by President Trump and the then-GOP controlled Congress limited SALT deductions to $10,000. The loss of revenue from New York’s wealthiest puts New York in a bind because the state relies on a progressive income tax system that taxes the rich at a higher rate. One percent of the state’s top income earners provide 46 percent of the state’s personal income tax revenues, officials said. Cuomo said Albany can’t go to the well and tax the wealthy again because that would only worsen the situation, citing “anecdotal” evidence that high-income New Yorkers are already fleeing the state to lower-tax jurisdictions. He offered no figures to back up the claim. “I don’t believe raising taxes on the rich. That would be the worst thing to do. You would just expand the shortfall,” he said. “God forbid if the rich leave.” Aside from spending, Cuomo’s slide presentation also mentioned the state is phasing in tax cuts for middle-income New Yorkers — raising questions whether the state would have to postpone the reductions. Try and go a bit easy on him as he's a retard. Quote Link to comment Share on other sites More sharing options...
snoughnut Posted February 5, 2019 Share Posted February 5, 2019 14 minutes ago, ArcticCrusher said: What do you consider rich? For most its someone who make twice what they make. I was making reference to the thread title and just gave my 2 cents. I'll answer your question........being healthy is what I consider wealthy, how's that? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 5, 2019 Share Posted February 5, 2019 1 minute ago, snoughnut said: I was making reference to the thread title and just gave my 2 cents. I'll answer your question........being healthy is what I consider wealthy, how's that? Good answer. 1 Quote Link to comment Share on other sites More sharing options...
motonoggin Posted February 5, 2019 Share Posted February 5, 2019 Quote Link to comment Share on other sites More sharing options...
Dave Posted February 5, 2019 Share Posted February 5, 2019 3 minutes ago, snoughnut said: I was making reference to the thread title and just gave my 2 cents. I'll answer your question........being healthy is what I consider wealthy, how's that? Theres lots of healthy people here in Yuma on street corners begging for handouts. One guy was in full Nike gear...I wanted to say you forgot to change your clothes before you left your house this morning. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted February 5, 2019 Share Posted February 5, 2019 (edited) 28 minutes ago, ArcticCrusher said: Well the USA's personal taxes are still very competitive on the lower end, so it wouldn't be in their best interest now would it? Do I need to draw you a map? Also I'm pretty sure there money is working well for them, that is why the gap keeps widening. You claimed they would move their money and are on post number 5 avoiding answering where. Do you and Dave just spend all day making up lies you can't back up? Edited February 5, 2019 by revkevsdi Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted February 5, 2019 Share Posted February 5, 2019 24 minutes ago, Cop Watch said: The federal law approved by President Trump and the then-GOP controlled Congress limited SALT deductions to $10,000. The loss of revenue from New York’s wealthiest puts New York in a bind because the state relies on a progressive income tax system that taxes the rich at a higher rate. One percent of the state’s top income earners provide 46 percent of the state’s personal income tax revenues, officials said. Cuomo said Albany can’t go to the well and tax the wealthy again because that would only worsen the situation, citing “anecdotal” evidence that high-income New Yorkers are already fleeing the state to lower-tax jurisdictions. He offered no figures to back up the claim. “I don’t believe raising taxes on the rich. That would be the worst thing to do. You would just expand the shortfall,” he said. “God forbid if the rich leave.” Aside from spending, Cuomo’s slide presentation also mentioned the state is phasing in tax cuts for middle-income New Yorkers — raising questions whether the state would have to postpone the reductions. You put his two claims in bold yet didn't read or put this in bold: Cuomo said Albany can’t go to the well and tax the wealthy again because that would only worsen the situation, citing “anecdotal” evidence that high-income New Yorkers are already fleeing the state to lower-tax jurisdictions. He offered no figures to back up the claim. That kind of shit is good enough for Trump supporters but don't try it on someone who can read. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 5, 2019 Share Posted February 5, 2019 1 hour ago, revkevsdi said: You claimed they would move their money and are on post number 5 avoiding answering where. Do you and Dave just spend all day making up lies you can't back up? 45% of my capital is invested in the US and I live in Canada. Are you really this dumb? Quote Link to comment Share on other sites More sharing options...
Dave Posted February 5, 2019 Share Posted February 5, 2019 5 minutes ago, ArcticCrusher said: 45% of my capital is invested in the US and I live in Canada. Are you really this dumb? When he doesnt understand things he says youre lying. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted February 5, 2019 Platinum Contributing Member Share Posted February 5, 2019 5 hours ago, ArcticCrusher said: What do you consider rich? For most its someone who make twice what they make. this . as I stated before . Go to that Ortega chic's district and they will consider you rich. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted February 5, 2019 Platinum Contributing Member Share Posted February 5, 2019 4 hours ago, motonoggin said: Or , they could go start their own business and exploit others. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted February 5, 2019 Share Posted February 5, 2019 3 hours ago, ArcticCrusher said: 45% of my capital is invested in the US and I live in Canada. Are you really this dumb? You just owned yourself dumbass. You still didn't answer where US investors are going to move their money. If you are going to repeat Republican talking points, you should be ready to defend them. Quote Link to comment Share on other sites More sharing options...
Dave Posted February 5, 2019 Share Posted February 5, 2019 2 hours ago, revkevsdi said: You just owned yourself dumbass. You still didn't answer where US investors are going to move their money. If you are going to repeat Republican talking points, you should be ready to defend them. Derp Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 5, 2019 Share Posted February 5, 2019 1 hour ago, revkevsdi said: You just owned yourself dumbass. You still didn't answer where US investors are going to move their money. If you are going to repeat Republican talking points, you should be ready to defend them. They can move anywhere they want and invest wherever they want. That is a discussion between them and a good tax lawyer, it's way beyond the pay grade of your typical accountant or junior achiever. You will never live in that world, so don't worry about it. Quote Link to comment Share on other sites More sharing options...
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