Tax rates are going to be going up on all levels of the middle class

Discussion in 'Budget & Taxes' started by kazenatsu, Jun 4, 2021.

  1. FreshAir

    FreshAir Well-Known Member Past Donor

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    the Trump tax cut was a permanent CORPORATE tax cut, the middle class only got a temporary carrot

    now, someone can change that, but as of now, the Trump corp tax cuts are permanent
     
    Last edited: Apr 27, 2023
  2. Lil Mike

    Lil Mike Well-Known Member

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    They are permanent now, but I'm sure you believe the Democrats will be running the house in 2024 so that will be one of their first things they will change, right?
     
  3. FreshAir

    FreshAir Well-Known Member Past Donor

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    they should, yes, we should go back to the tax rates for the rich under Reagan
     
  4. bringiton

    bringiton Well-Known Member

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    That is an absurd ad hominem claim without evidence.
    For starters: land titles, IP monopolies, bank licenses, broadcast spectrum allocations, oil and mineral rights. The value of such privileges accounts for the vast majority of all asset value, and the greater the accumulation of assets, the higher the fraction accounted for by such privileges. Most of the rich have essentially no assets other than privilege.
    Why do people need mortgages to buy housing at all? Just to pay for the privilege of landowning. Where landowner privilege is worthless, like Detroit, you can buy a livable house for a few months' median after-tax wages.
     
  5. Turtledude

    Turtledude Well-Known Member Donor

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    not this whacky nonsense again..what privilege does say Jimmy Page have? Mick Jagger? Rafa Nadal? sounds like envy is a poor substitute for logic
     
  6. Turtledude

    Turtledude Well-Known Member Donor

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    you do know that the poor and middle class carried a heavier share of the income tax burden then as well?
     
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  7. Jack Hays

    Jack Hays Well-Known Member Past Donor

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    Our fundamental budgeting problem, and the root cause of perpetual deficits, is that Americans are undertaxed.
     
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  8. bringiton

    bringiton Well-Known Member

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    You mean the whacky nonsense you cannot refute even a single sentence of?
    Copyright monopolies. But such famous people are actually very productive, so unlike 99% of the rich, of whom you have never heard because they haven't made any significant contribution, they would still be rich without privilege.
    No, it sounds like a false and disingenuous ad hominem accusation of envy is a poor substitute for facts, logic, and a commitment to liberty, justice, and truth.
     
  9. bringiton

    bringiton Well-Known Member

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    No, the fundamental problem and root cause is the exorbitant, growing, and unsustainable subsidization of the privileged at the expense of the productive.
     
  10. bringiton

    bringiton Well-Known Member

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    Why do you assume that people can only be taxed according to what they contribute to the community by their labor, not what they take from it by dint of privilege?
     
    Last edited: May 19, 2023
  11. Turtledude

    Turtledude Well-Known Member Donor

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    so in your view, the government protecting something someone created is a "privilege". that's whack nonsense IMHO but whatever gets you by. all I see in your posts is an overblown case of envy towards those who do better than you do
     
  12. Turtledude

    Turtledude Well-Known Member Donor

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    I reject your privilege nonsense. its completely silly
     
  13. Jack Hays

    Jack Hays Well-Known Member Past Donor

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    We disagree.
     
  14. Bullseye

    Bullseye Well-Known Member

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    Tax brackets are adjusted annually.
     
  15. bringiton

    bringiton Well-Known Member

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    No, in my view the government abrogating people's liberty rights for the unearned profit of parasites is a privilege. There is no sense in which granting and enforcing a monopoly on knowledge or ideas "protects" said knowledge or ideas. We know this because most of our knowledge and ideas have never had or needed such "protection." All our progress up from the caves has relied on people being able to use others' knowledge and ideas freely, and that principle is what has enabled the rapid progress of modern science and technology.
    All I see in your posts is despicable ad hominem filth.
     
  16. bringiton

    bringiton Well-Known Member

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    Because I am objectively correct and you are objectively incorrect.
     
  17. bringiton

    bringiton Well-Known Member

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    You reject it because it identifies the relevant indisputable facts of objective physical reality.
     
  18. Joe knows

    Joe knows Well-Known Member

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    Not to mention people with good credit paying more for new house loans as well. They’re hitting the middle class all the time.
     
  19. Jack Hays

    Jack Hays Well-Known Member Past Donor

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    “Trust those who seek the truth but doubt those who say they have found it.”

    ― André Gide
     
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  20. Turtledude

    Turtledude Well-Known Member Donor

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    all I see is envy and tell us what the purpose of government is? if someone invents something, it is the province of government to protect that invention from being ripped off. that's not privilege but a legitimate governmental function
     
  21. Turtledude

    Turtledude Well-Known Member Donor

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    OMG I needed a good laugh.
     
  22. bringiton

    bringiton Well-Known Member

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    False. I have identified the relevant facts, which you cannot deny.
    To secure people's rights to life, liberty, and property in the fruits of their labor.
    Nope. It is government's job to stop others from stealing an item someone has produced. Copying is not stealing because it does not deprive the owner of anything he would otherwise have.
    Nope. No government ever did it before a few hundred years ago.
     
    Last edited: May 22, 2023
  23. bringiton

    bringiton Well-Known Member

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    Doubt all you like. Just respect the facts.
     
  24. Turtledude

    Turtledude Well-Known Member Donor

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    you're mistaken-you want to argue facts when I oppose your OPINION. You call government protection of property "privilege" You cannot prove your definition is "true" and most don't buy it. Copying something is stealing in the sense it diminishes the value of the originator
    a few hundred years ago, most governments were tools of oppression and did not safeguard anyone but the lords and their favorites.
     
    Last edited: May 22, 2023
  25. bringiton

    bringiton Well-Known Member

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    Right: you want to substitute your OPINION for the FACTS I identify.
    No, only when the "property" consists of other people's rights to liberty, like land deeds, slave deeds, IP monopolies, etc. I have no objection to property in the fruits of one's labor.
    Definitions are not true or false, only valid or invalid. Mine is valid because it identifies the relevant facts.
    That's not stealing, though, nor is it even necessarily true. Free competition can also diminish the value of the originator, or increase it.
    They are still tools of oppression; but now they safeguard the privileged, like IP monopolists and banksters, not just landowners and slave owners.
     

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