59% support AOC's plan to raise top bracket to 70%

[LV426]

That's exactly right, and why Owl won't answer the question.

No.

You claim these deductions existed that prevented anyone from paying the top rate.

Name one.

Name one deduction that prevented a rich person from paying the top rate.

Just one.

 

[TTQ64]

Lol, Olsteen, what a snake oil peddler.

A snake oil peddler who doesn't pay a dime in taxes.

And they have their hands all up in our politics ………

start taxing these frauds...….and the NFL too.

 

[countryboy]

A snake oil peddler who doesn't pay a dime in taxes.

And they have their hands all up in our politics ………

start taxing these frauds...….and the NFL too.

What makes you believe Osteen doesn't pay taxes on his personal income?

 

[anatta]

Dems need to put a 70% top tax in their 2020 platform

 

[LV426]

Dems need to put a 70% top tax in their 2020 platform

They definitely do.

It has the support of 59% of Americans.

Nothing Trump or the GOP does or believes has 59% support.

 

[Irish Exit]

So they will evade more taxes. The problem has never been with rates, but what deductions and credits are allowed. As Trump found out, the democrats who want high rates shit a fucking brick if you try to eliminate any of those deductions and credits that would actually increase revenue.

 

[canceled.2021.1]

So they will evade more taxes. The problem has never been with rates, but what deductions and credits are allowed. As Trump found out, the democrats who want high rates shit a fucking brick if you try to eliminate any of those deductions and credits that would actually increase revenue.

That is a great point. Every single Trump hating leftist on JPP had a fit about Trump eliminating SALT deductions which primarily hit the richest among us. Why is that? Here is their chance to have the "rich" pay more in taxes and the leftist cry.

The reality is that it is a bogus poll in that, if you ask anyone a question about something where someone else has to bear the burden almost always a majority will say yes.

Now if you asked them if the gobblement should take 70% of their income to help the poor, they would all say no.

Of course Toby isn't honest about AOCs claims. Her little tax scheme would raise very little revenue as all confiscation schemes do

 

[LV426]

So they will evade more taxes. The problem has never been with rates, but what deductions and credits are allowed. As Trump found out, the democrats who want high rates shit a fucking brick if you try to eliminate any of those deductions and credits that would actually increase revenue.

Name one single deduction from 1946-1981 that prevented any rich person from paying the top rate.

Just one.

 

[canceled.2021.1]

The Democrats are going to unite behind whoever gets the nomination, like how we united around the party last November.

I do not see the GOP uniting around Trump, though. I foresee a lot of "No True Scotsman-ing".

Really?

The left united around Crooked Hillary?

 

[LV426]

That is a great point. Every single Trump hating leftist on JPP had a fit about Trump eliminating SALT deductions which primarily hit the richest among us. Why is that? Here is their chance to have the "rich" pay more in taxes and the leftist cry.

By all means, provide us with one single deduction from 1946-1981 that prevented any rich person from paying the top rate.

Just one example. One deduction.

 

[LV426]

Now if you asked them if the gobblement should take 70% of their income to help the poor, they would all say no.

That's because you engage in sophistry when you ask that stupid question.

It's a deliberate attempt to mislead people about progressive taxation.

You know that the 70% rate is on income over a certain amount, but you keep that part out of what you say so you can mislead people.

Why do you do that? Why are you incapable of acting in good faith? It's because you've lied so much in your life that you simply don't know what it is to tell the truth anymore.

 

[NiftyNiblick]

Doesn't matter if she does or doesn't.

A Democratic House and Democratic Senate will do it, and a Democratic President will sign it into law.

You got a lot of seats to defend in the Senate in 2020.

I'm not religious, but I'll say it anyway. From your mouth to God's ears.

 

[Irish Exit]

Name one single deduction from 1946-1981 that prevented any rich person from paying the top rate.

Just one.

Name one between 1981 and 2019 that doesn't other than the earned income tax credit.

 

[canceled.2021.1]

I would prefer if we undid the last 40 years of fiscal policy, and erased Conservative economics from history.

You are avoiding the question Toby. You lefties love reminiscing about the 1950s tax code and the top marginal rate. Your contention is that it will lead us to nirvana. My question to you is do you want to bring back the entire tax code and all its rates or do you just want to cherry pick?

And since you are probably going to be a pussy and not answer the above question Toby, I will ask it another way.

Please list all the tax rates and income levels you would support. Surely you aren't advocating a tax code that only taxes marginal rates at 70% for those who make more than $10,000,000 a year do you? Personally, if that ever became law, I would make sure I only made $9,950,000/year and you could fuck yourself on your 70% marginal rate. Just sayin Toby

 

[LV426]

Of course Toby isn't honest about AOCs claims. Her little tax scheme would raise very little revenue as all confiscation schemes do

Back in 2012, when Obama let the Bush Tax Cuts expire on the wealthy, every single Conservative predicted it would lead to lower revenue.

Instead, tax revenue grew by $400B.

So since you were wrong then, why would you be right today?

 

[countryboy]

So they will evade more taxes. The problem has never been with rates, but what deductions and credits are allowed. As Trump found out, the democrats who want high rates shit a fucking brick if you try to eliminate any of those deductions and credits that would actually increase revenue.

Higher tax rates do not increase Revenue. Lower tax rates do.

 

[LV426]

Name one between 1981 and 2019 that doesn't other than the earned income tax credit.

Your claim was that rich people used deductions and shit to avoid paying the top rate from 1946-1981.

I asked you to name one, and you can't.

That's because your claim is bullshit, and you know it.

 

[canceled.2021.1]

That's because you engage in sophistry when you ask that stupid question.

It's a deliberate attempt to mislead people about progressive taxation.

You know that the 70% rate is on income over a certain amount, but you keep that part out of what you say so you can mislead people.

Why do you do that? Why are you incapable of acting in good faith? It's because you've lied so much in your life that you simply don't know what it is to tell the truth anymore.

Toby

My point is very clear. It is that anytime you ask people to demand the government take from others it is an easy yes. That is the point. But, if you asked them if they should be personally taxed at that rate....well you know the answer don't you Toby?

 

[LV426]

Higher tax rates do not increase Revenue. Lower tax rates do.

Wrong.

Bush cut taxes in 2001, and revenue from 2001-2004 was less than revenue in 2000.

So history from the last 20 years proves you wrong.

 

[canceled.2021.1]

Back in 2012, when Obama let the Bush Tax Cuts expire on the wealthy, every single Conservative predicted it would lead to lower revenue.

Instead, tax revenue grew by $400B.

So since you were wrong then, why would you be right today?

What you claim is not true. You are a liar Toby.

But link up to prove your claims if you dare