The GOP Plan is the Biggest Tax INCREASE in American History, By Far

Discussion in 'Current Events' started by MrTLegal, Dec 1, 2017.

  1. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    You appear to miss the tax increases dems want.
     
  2. One Mind

    One Mind Well-Known Member Past Donor

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    Don't they get to keep much of it now? There is a certain amount exempted from inheritance taxes. Isn't a million, or something like that? So, if the business is a good business, the heirs pay their taxes, and if it would make the business go bottom up, they can sell it, or borrow to keep it. Why should people who did not work for the goose, get it free? Plus this passing on of wealth has created an old money elite class who along with the new money elites have used that wealth to usurp americans being represented, by a representative republic. That is what it has yielded, for there have always been ways to get out of paying taxes, if you have the money to buy the right loopholes. How do you think the old money families still exist? I say, get rid of the loopholes and make these leeches work for their own money. Or is it just the poor and middle class that should earn their own living and money?
     
    Last edited: Dec 2, 2017
  3. One Mind

    One Mind Well-Known Member Past Donor

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    Well, a fair minded person, instead of one consumed with hate, would give the guy a chance. I expect he will let his voters down, as they all do, even obama. Let us just hope that unlike obama's voters, the trump voters are smarter, and will see it when he does not deliver anything he promised them, to help their economic situation, after one term, and vote for sanders if he runs again. But if it isn't sanders but another demo, forget about it. For the DP has no one who will represent the people FDR represented. You know, the people you support and vote for? I am curious. Do you detest the dirtied masses? People who labor for their living? Or, since you supported hillary, you only like the upper middle class? The professionals? The highly educated?
     
  4. Bluesguy

    Bluesguy Well-Known Member Donor

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    So you don't believe in families and the American Dream........gothca :thumbsup:.
    BTW when my father started his business we suffered through the early years of hand me down clothes and just one Christmas present and I worked there after school and then later as an adult becoming a Vice-President of it.
     
  5. One Mind

    One Mind Well-Known Member Past Donor

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    Oh, btw, Nixon was a swindler and a crook, and yet gave us the EPA! So swindlers and crooks can do good things for the People. Would you rather to have a non swindler and crook who destroyed working americans? Well, we have had plenty of those. You need to get your priorities in line. lol And temper this obsession hatred for a personality, IMO.
     
  6. sawyer

    sawyer Well-Known Member Past Donor

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    As I said, you are for redistribution of wealth AKA communism
     
  7. One Mind

    One Mind Well-Known Member Past Donor

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    The american dream never entailed passing on the fruits of your labor, tax free to people who did not create it. The American Dream, as experienced by our past americans in great numbers, was to move upwards from poverty into the middle class, which provided a home, some luxuries, and to be able to send your kids to college. I was rewarded with this Dream. But that dream while not dead, is really sick, and so much fewer can ever realize it today, in this slave labor scheme of globalism.
     
  8. One Mind

    One Mind Well-Known Member Past Donor

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    No, I believe in the principle of not passing on wealth to people who did not earn it. And you can bet, none of these people who would get tax free inheritance, are paupers. I do not believe passing on old money wealth or new money wealth is healthy for a republic, given what it has done to this republic. It usurped it.

    But if you want money passed on to people who did not work for it, then tax it, at the rate of earned income tax rates. And get rid of the loopholes which would negate this. Or bury it with the dead.
     
    Last edited: Dec 2, 2017
  9. navigator2

    navigator2 Banned

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    How does this increase taxes on people who don't pay federal income taxes? They STILL aren't paying taxes. Zero divided by zero is always ZERO.
     
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  10. sawyer

    sawyer Well-Known Member Past Donor

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    Who are you to decide the son of a wealthy man does not "deserve" to inherit that wealth? Any way you try to avoid it you are advocating redistribution of wealth
     
    Last edited: Dec 2, 2017
  11. navigator2

    navigator2 Banned

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    If you give someone a million YOU pay taxes on it, not the recipient. That's equally unconscionable. That money has been taxed already and is outright theft of property. That is something that needs to be explored as well, it's un American. There are ways to circumvent this but that's an unnecessary shell game.
     
  12. One Mind

    One Mind Well-Known Member Past Donor

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    Hmm. Well, you can tell no one ever gave me a mil. lol So, I learned something which makes no sense at all. So if I would have been given a mil, by someone, perhaps my father, he was responsible for paying the taxes that I should have paid? Why such a tax code?

    Also, if I died, and then gave someone a mil, they would deduct taxes, from the mil, and give that someone who recieved it, tax free money, at least tax free to the person who received it? Well, no, I don't think.

    Personally, I believe any money given to anyone, should be taxed. And that money which is given has already been taxes countless times prior to it ending up in my bank So, when I owned my business, the money which my customers paid me, to buy my products was their income, and it was taxed when they got it as a paycheck. And the money that was paid to them, by their employer, was taxed, and on down the line of money changing hands.
     
  13. navigator2

    navigator2 Banned

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    It's called a gift tax. Be sure to getting some financial planning if you hit the lottery. :grin:
     
  14. One Mind

    One Mind Well-Known Member Past Donor

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    Thanks for the advice. But being a thrifty retired business owner, I have never gambled with my money. lol I had accountants who did the tax work for me, for a fee. I figured they knew better, given I was never an accounting major.
     
  15. HTownMarine

    HTownMarine Well-Known Member Past Donor

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    Honestly if you don't pay taxes anyway, your opinion on this doesnt really matter.

    Just want to throw that out there, given half the country doesn't even pay income tax.
     
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  16. navigator2

    navigator2 Banned

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    Yep.
     
  17. HTownMarine

    HTownMarine Well-Known Member Past Donor

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    Hey and just for the record...

    Not everybody born poor and raised in Nowhere, KY believes that making excuses for why you're a failure is a productive activity.

    I don't blame wealthy parents who pass their wealth onto their kids, but clearly, some people do.
     
  18. One Mind

    One Mind Well-Known Member Past Donor

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    I don't blame them either. Just tax it like income, and it is all good. For it is income, isn't it? I have to list all kinds of income on my tax forms. Well, I don't do it personally you know, but someone does it for me.

    I was born poor in Ms. Not Kentucky. And everything that I have, I worked for. My kids didn't. And working for the american dream allowed me to send my two girls to college, and they were never poor like I was, growing, because I shed blood, sweat and tears, so they would not have to suffer as I did growing up. They benefitted from this american dream, which btw is not becoming a billionaire, but so much less than that. The american dream involves not being poor, by your own hard work. It is not good to be poor. For human suffering is not good.

    And I am grateful to FDR democrat progressives, for that VA Bill which gave me a college education after Vietnam. Because we taxed people, in order to provide the money given me. This along with hard work pulled me up from poverty. And look at how I was able to contribute to america after that. My daughters are not takers from our system, like I was, with VA benefits, but givers. And this was one of the principles involved with the redistribution of taxes into education. It made america great. Before our politicians took on the chore of destroying this greatness. So the elites could quadruple their own income
     
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  19. MrTLegal

    MrTLegal Well-Known Member

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    .....

    whatever you need to tell yourself, i guess.
     
  20. MrTLegal

    MrTLegal Well-Known Member

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    you realize you are quoting me where i specifically quote the New York times as well, right?
     
  21. MrTLegal

    MrTLegal Well-Known Member

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    ...
    setting aside that the point of that least intrusive revenue is for the government to accomplish a societal goal with the revenue...

    this bill will add 1.5 trillion to the defict
     
  22. MrTLegal

    MrTLegal Well-Known Member

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    TIL "societal benefit" is "whats in it for me"
     
  23. MrTLegal

    MrTLegal Well-Known Member

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    prove it
     
  24. ButterBalls

    ButterBalls Well-Known Member

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    I really like the way The Deficit is now an issue, but over the last eight years it predominantly a Republican issue, I suppose that's how the Democrats have earned the nickname of hypocrites?

    One point you missed is Mr Obatard enriched the rich with almost a trillion dollars in his first term and they were the only ones to benefit from it!
     
    Last edited: Dec 2, 2017
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  25. MrTLegal

    MrTLegal Well-Known Member

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    The elimination of several tax write offs combined with the expiration of individual tax cuts is where the increase occurs.
     

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