Raising Taxes On The Rich Would Reduce Income Inequality

Like I said... nothing I ever said about that topic or any other topic on here has been a lie. If you could show ONE lie, you would have by now, and crowed about it....

I called Truth deflector a liar and proved it. You call me a liar and prove nothing, because I didn't lie. All hat. no cattle.

Try and deflect it all you wish; but you lied and that makes you a L-I-A-R.
 
not one lie ever about that topic or any other.

If you had something, you'd produce it....

but you don't.

we're in the big hat/cattle free zone!


If he only had some proof!


You know...PROOF...like what we have linked to that PROVES Defective Truth was lying as we've claimed.

But, I guess when you've got NOTHING like USF does, then all you can do is spread more lies to cover your lack of anything substantive.
 
he's never had anything... he should have been on that show, The biggest loser.... he would have easily won.


Even back during the AOL days...all he ever had was the ability to follow ID and usadisloyal around, sniffing at their crotches and getting them to do his fighting for him.
 
and.... while you're at it, you should admit that you've lied here in this thread and, up tip now, have not shown the maturity and class to admit it. That would do wonders!

I don't know....you lied in post 603 and when I called you on it, you tried to excuse it as sarcasm rather than admit it....
 
If I were you, and I could actually PROVE that an adversary of mine was lying, I'd go back to the exact post that proved the lie, post it for all to see, and rub his face in it. Just like I did with TD....

you got nothing but words.... it's pretty weak, considering they come from YOU.

:lol:
 
And 74 posts later we have mm trying to pull a fast one.....

when I mentioned the guy from the grocery store with a steamer trunk of stock in his attic... THAT was sarcasm. The step up basis means that anyone can use it.... just like the sales tax cap on yachts. ... that's available to everyone as well... the fact remains that those tax deals are used by rich people by and large.... there is no lie there... it is the truth.... rich people, even those who inherit MORE than $5M take advantage of it all the time.... poor people who work at grocery stores, while it available to them, don't use it all that often. See my point here?
 
when I mentioned the guy from the grocery store with a steamer trunk of stock in his attic... THAT was sarcasm. The step up basis means that anyone can use it.... just like the sales tax cap on yachts. ... that's available to everyone as well... the fact remains that those tax deals are used by rich people by and large.... there is no lie there... it is the truth.... rich people, even those who inherit MORE than $5M take advantage of it all the time.... poor people who work at grocery stores, while it available to them, don't use it all that often. See my point here?

At least we've made some headway.....

your point....yep

you said poor people are too stupid to take advantage of the law....(I wonder how they get the income tax credits they get, or food stamps or welfare)
or
you could be saying poor people are clueless about tax returns (I Wonder how they get child care credits)
or
poor people never have someone do their taxes for them, or don't file at all...(I wonder how they get refunds when paying nothing in)
or
you could be saying poor people never sell a house or if they do don't report it on their taxes

Your arguments are plain stupid and condescending.
Free Tax Preparation Services

The Volunteer Income Tax Assistance Program is a community of volunteers who provide tax preparation services for people earning $52,000 or less.
The Armed Forces Tax Council
provides free tax preparation assistance for military personnel
Tax Counseling for the Elderly provides free tax preparation for people age 60 or older
Tax-Aide from AARP provides free tax preparation

Poor people are not stupid and because of their economic problems probably know more about the tax laws that pertain to them than you do...
 
Poor folks in America RARELY buy yachts. Fact.
Poor folks in America RARELY have steamer trunks filled with long held, incredibly valuable stock certificates hiding in their attics. Fact.
The folks in America who OVERWHELMINGLY benefit from the step up in basis rule are rich folks. Fact.
That is NOT to say that the step up in basis is not occasionally used by poor folks when inheriting the assets of their parents, but the total dollar amount of tax savings from the step up basis rule that goes to folks other than rich folks is negligible compared to the savings that those rich folks get from it. Just like the tax cap on yachts... I am sure that some poor folks find a way to avail themselves of it, but, realistically speaking, both of those tax breaks are really the province of wealthy Americans, by and large.
 
And I never said that poor people are too stupid to take advantage of either of those tax breaks.... Only that they are too POOR to take advantage of them. How many yachts in YOUR local marina are owned by poor folks, bravo?
 
Poor folks in America RARELY buy yachts. Fact.
Poor folks in America RARELY have steamer trunks filled with long held, incredibly valuable stock certificates hiding in their attics. Fact.
The folks in America who OVERWHELMINGLY benefit from the step up in basis rule are rich folks. Fact.
That is NOT to say that the step up in basis is not occasionally used by poor folks when inheriting the assets of their parents, but the total dollar amount of tax savings from the step up basis rule that goes to folks other than rich folks is negligible compared to the savings that those rich folks get from it. Just like the tax cap on yachts... I am sure that some poor folks find a way to avail themselves of it, but, realistically speaking, both of those tax breaks are really the province of wealthy Americans, by and large.

And I say, So what to all your post...

Thousands of people buy boats, large boats, some, very large boats....and only those doing business in places like Fla. get a break to save jobs and improve the states take on sales tax...irrelevant. Irrelevant because every state has its ways to entice investment in their particular pet projects.

Very, very few, to no body find steamer trunks filled with long held, incredibly valuable stock certificates hiding in their attics. Fact. Fact and also irrelevant.

Step up in basis is used by everyone when inheriting the assets of their parents if it applies, from the lowly grocery worker to the Rockefellers...though the Rockefellers will pay heavy
estate tax while the vast majority of others will not. The dollar amount is irrelevant....the more dollars you pay in, the more you will get back..simple math.

By and large, realistically speaking, everyone that pays income tax avail themselves of what rules exist to pay the least possible they legally can....
and millions on the lower levels of income avail themselves to what gov. benefits they qualify for to acquire the most income they can legally get....

I do recognize that their are tax "breaks", for lack a better word, for investors to entice them to invest in our economy in general....oil exploration, gas, gov. bonds to help
build infrastructure, create jobs, start new ventures, R&D medicine, provide healthcare, mining, electric generation, military hardware, build ships and maintain ports,
fund the arts, and support the schools, etc....Gov. doesn't do any of this, people do, taxpayers do.......
and that is what makes the world go round and round and why we built the country we've built....

And...as a matter of fact, its these same things that are happening all over the world as countrys grow into economic powers themselves for the good of their citizens....as you look
around you can plainly see where in our world these things don't happen and what the citizens of those places have to endure....

You've just been drinking the KoolAid too long, comrade....
 
Last edited:
Back
Top