Tax rates. What say you?

Celticguy said:
The left refuses to acknowledge that nobody evet paid 90% because of the deductions present at that time. The effective tax rate has been around 18% forever.
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Of course, the left recognizes that. The rights refuse to recognize that back then the rich and corporations paid a lot more. That is the point, our wealth concentration is worse than the Gilded age and getting worse all the time.https://americansfortaxfairness.org...-booklet/fact-sheet-taxing-wealthy-americans/ The effective rate for the wealthy in the 50s was 42 percent.
 
Frank Apisa said:
A progressive tax system is a must.
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Only a moron with the education of a field mouse can say something this stupid.

Frank Apisa said:
The rates right now for the lower middle class ($150,000 or less) are appropriate. As we get up into the $150,000 range...I think the amount over $150,000 should be higher. Above $250,000 should be even higher. Above that should be even higher...with huge increases to those making mega-bucks.
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You know what is wrong with this argument Frankly? It falsely assumes we have a revenue problem. Dunce.

Frank Apisa said:
Capital gains should be taxed as ordinary income.
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You know what is wrong with this argument Frankly? It falsely assumes we have a revenue problem. Dunce.

Frank Apisa said:
Inheritance taxes should be close to confiscatory over $1,000,000 (or possibly a bit lower.)
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Now you are bloviating like a brain dead moron on steroids Frankly. But that is predictable from someone with the IQ of a field mouse.

I cannot understand the low IQ argument from liberals that suggest that the Government is entitled to more of our hard earned wealth. It is moronic.
 
Frank Apisa said:
One...I do not take INSTRUCTION from the like of you.

Two...I think I lived up to the tenor of your OP.

Three...in almost every thread there are minor deviations. That is to be expected...and accepted.

Four...if you do not like the way I post, you can go fuck yourself. Be sure to take your head out of your ass first, though. I don't want you smother yourself.
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Celticguy said:
The left refuses to acknowledge that nobody evet paid 90% because of the deductions present at that time. The effective tax rate has been around 18% forever.
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That and for some reason they don't want to talk about all of the other tax rates from that same time period. They for some reason fail to mention that the lowest marginal rate was 20%. I wonder if they want to go back to that?
 
Frank Apisa said:
A progressive tax system is a must.

The rates right now for the lower middle class ($150,000 or less) are appropriate. As we get up into the $150,000 range...I think the amount over $150,000 should be higher. Above $250,000 should be even higher. Above that should be even higher...with huge increases to those making mega-bucks.

Capital gains should be taxed as ordinary income.

Inheritance taxes should be close to confiscatory over $1,000,000 (or possibly a bit lower.)
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So you appear to be against generational wealth, while supporting policies that enable generational dependence to persist. I wish I could say I'm surprised.
Screw family farms and family businesses, eh Frank? You're a shining example of how liberal policies come with terrible unintended consequences and that they don't work.

On topic, I think a 15% across the board income tax would be acceptable. And most definitely people should never get a refund greater than what was withheld.
 
Tax levels should be high enough to ensure all people have complete health coverage. To ensure our infrastructure is high class, safe and modern. To be high enough that we have a return to our school system that was the envy of other countries. Perhaps that is only acheivable with a higher tax rate and a huge slash in military funding. I am for that.
 
I Love America said:
Quite often we hear from our leftist friends on JPP that the federal gobblement just isn't collecting enough of the hard earned money that American citizens make. I hear quite often from JPP leftists that the United States should enact the top marginal tax rates from the 1950s on "the rich". Depending on the leftist, they believe that the federal gobblement should confiscate anywhere from between 70-90% of the income earned by "the rich".

I believe that it is politically cheap to sit and call for what you believe others should have to pay in taxes. That is easy to say, particularly if it will never have to apply to you.


So the question I have for our board leftists is what percentage of your income do you think the federal gobblement should take from YOU personally? Not what you think they should take from others, but what you think they should take from you? What is the highest rate YOU want to pay out of your own pocket.

Personally, I believe that the federal gobblement should take NOmore than 15% from any American citizen. Period.

I wonder how many of our JPP leftist friends will have the courage to step up?
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I pay more than 15%. I really don't care.
 
Nordberg said:
Tax levels should be high enough to ensure all people have complete health coverage. To ensure our infrastructure is high class, safe and modern. To be high enough that we have a return to our school system that was the envy of other countries. Perhaps that is only acheivable with a higher tax rate and a huge slash in military funding. I am for that.
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It would be unfair of me to treat you any differently than I treated Frankie and Jackie.

Please go back and read the OP. You were asked a specific question as to what tax rate YOU personally think YOU should pay. I am confident that a committed leftist like yourself would be fine for others being taxed at 120% of their income to satisfy your generosity of spirit. But, that isn't what you are being asked.

You are being asked about the highest tax rate YOU want to pay.

If you do not want to answer that question or want to filibuster, then I will have no choice but to have you retro thread banned from this discussion.

You will bend the knee and comply or else
 
Sirthinksalot said:
So you appear to be against generational wealth, while supporting policies that enable generational dependence to persist. I wish I could say I'm surprised.
Screw family farms and family businesses, eh Frank? You're a shining example of how liberal policies come with terrible unintended consequences and that they don't work.

On topic, I think a 15% across the board income tax would be acceptable. And most definitely people should never get a refund greater than what was withheld.
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Your original sentence is a phenomenal insight. It is short and to the point. It completely encapsulates leftists. Thank you for sharing that.

I agree with 15% and it should be for all people. Nobody should be exempt from paying federal income taxes.

I also think that all welfare should be structured as no interest loans to deter people from becoming generationally dependent on our good graces. Additionally, nobody getting welfare should get more than somebody who works.

My policies would advance a much more prosperous society for all and virtually end poverty as we know it.
 
I Love America said:
Quite often we hear from our leftist friends on JPP that the federal gobblement just isn't collecting enough of the hard earned money that American citizens make. I hear quite often from JPP leftists that the United States should enact the top marginal tax rates from the 1950s on "the rich". Depending on the leftist, they believe that the federal gobblement should confiscate anywhere from between 70-90% of the income earned by "the rich".

I believe that it is politically cheap to sit and call for what you believe others should have to pay in taxes. That is easy to say, particularly if it will never have to apply to you.


So the question I have for our board leftists is what percentage of your income do you think the federal gobblement should take from YOU personally? Not what you think they should take from others, but what you think they should take from you? What is the highest rate YOU want to pay out of your own pocket.

Personally, I believe that the federal gobblement should take NOmore than 15% from any American citizen. Period.

I wonder how many of our JPP leftist friends will have the courage to step up?
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"what percentage of your income do you think the federal government should take from YOU personally?"

It is a misleading question, but playing the game, 18%, however that is eighteen percent given it is based upon a progressive tax system and deductibles plus write offs have been eliminated
 
This is interesting. The lower tax rates that some liberals on this thread think is fair to them are nowhere near enough to pay for the social programs they demand for themselves and others in this country.
 
Sailor said:
This is interesting. The lower tax rates that some liberals on this thread think is fair to them are nowhere near enough to pay for the social programs they demand for themselves and others in this country.
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It would be under a truly progressive tax system
 
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