Page 2 of 16 FirstFirst 123412 ... LastLast
Results 11 to 20 of 151

Thread: The Millionaires Who Pay the Highest Tax Rate

  1. #11
    Discount Philosopher
    specklebang's Avatar
    Join Date
    Jan 2012
    Location
    Las Vegas
    Last Seen
    06-05-14 @ 08:26 PM
    Lean
    Other
    Posts
    11,524

    Re: The Millionaires Who Pay the Highest Tax Rate

    The thought that another 4.6% in taxes over and above current historically low rates is somehow devastating to the millionaires doesn't really seem logical.

    Why pay taxes at all? Why not just print what we need - we seem to do that to a great degree anyway.

    Taxes are about revenue, not fairness.

  2. #12
    Mod Conspiracy Theorist
    rocket88's Avatar
    Join Date
    Mar 2011
    Location
    A very blue state
    Last Seen
    Yesterday @ 11:55 PM
    Gender
    Lean
    Independent
    Posts
    31,125

    Re: The Millionaires Who Pay the Highest Tax Rate

    Quote Originally Posted by j-mac View Post
    What? are you joking here? work til you die eh?
    Here's a perfect example of what the right is always talking about - our system and government do not reward work. What you're basically advocating is for people to sit on their ass and live off of their investments tax free. The government should incentivize hard work for the poor, but not if you're rich?


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

  3. #13
    Banned
    Join Date
    Mar 2010
    Last Seen
    07-19-17 @ 03:51 PM
    Gender
    Lean
    Libertarian
    Posts
    60,458

    Re: The Millionaires Who Pay the Highest Tax Rate

    Quote Originally Posted by rocket88 View Post
    Here's a perfect example of what the right is always talking about - our system and government do not reward work. What you're basically advocating is for people to sit on their ass and live off of their investments tax free. The government should incentivize hard work for the poor, but not if you're rich?
    Considering the money invested came from work there doesn't appear to be any sort of problem.

  4. #14
    Banned
    Join Date
    Mar 2010
    Last Seen
    07-19-17 @ 03:51 PM
    Gender
    Lean
    Libertarian
    Posts
    60,458

    Re: The Millionaires Who Pay the Highest Tax Rate

    Quote Originally Posted by Deuce View Post

    Who owns your labor? Whoever you sold it to, I guess. I'm not sure I understand the question.
    The question is who owns the fruits of ones labor and the answer is the person that did the labor.

  5. #15
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 01:40 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,561

    Re: The Millionaires Who Pay the Highest Tax Rate

    Quote Originally Posted by rocket88 View Post
    Shouldn't we tax capital gains more since they're not working for it? Shouldn't we be rewarding hard work?
    why should you be taxed higher rates because you make more? even with a flat tax the wealthy pay far more than others yet don't receive any additional benefits

  6. #16
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 01:40 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,561

    Re: The Millionaires Who Pay the Highest Tax Rate

    Quote Originally Posted by Deuce View Post
    Every form of income is "already taxed." My income is taxed. My income comes from other people paying for my service. They paid that with their income, which was taxed. Their income came from other peoples' incomes, which was taxed....

    Capital gains is still income. Why should it have special treatment?

    The money being invested has been taxed. The money earned from that investment has not. Failing to tax capital gains leaves a scenario where the richest of the rich pay no taxes at all. Someone who makes enough to live off investments could make any amount of money and never be taxed again

    Who owns your labor? Whoever you sold it to, I guess. I'm not sure I understand the question.
    your position is based on an assumption that the rates on Earned income is proper.

  7. #17
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 01:40 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,561

    Re: The Millionaires Who Pay the Highest Tax Rate

    Quote Originally Posted by rocket88 View Post
    Here's a perfect example of what the right is always talking about - our system and government do not reward work. What you're basically advocating is for people to sit on their ass and live off of their investments tax free. The government should incentivize hard work for the poor, but not if you're rich?

    You are incorrect. MOst of us who have investments have saved and worked hard to have money to invest.

  8. #18
    Outer space potato man

    Join Date
    Feb 2010
    Last Seen
    Today @ 01:19 AM
    Gender
    Lean
    Undisclosed
    Posts
    51,709

    Re: The Millionaires Who Pay the Highest Tax Rate

    Quote Originally Posted by j-mac View Post
    Absolutely, so when you take that which has already been taxed many times over, and tax it again because you think that any gain made from the risk of investing that money is due the government, then you effectively tamp down levels of investment.



    Social Security payments above age 67 are also income for those people, should they be taxed?



    Wow, fantastic! Wouldn't that spur investment? Why do you think that government has a claim on that money? What did they do to lay that claim?



    No, I own my labor. Period. When I sell that labor, and make money from it, I own that too, not the government.
    Are you trying to make an argument that the government has no right to levy any tax on you?

    You don't own something you sell. The person you sell it to does. (and you, in turn, own whatever they gave you in exchange)
    Last edited by Deuce; 11-25-12 at 08:36 PM.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

  9. #19
    Si vis pacem, para bellum
    Μολὼν λαβέ's Avatar
    Join Date
    May 2011
    Last Seen
    09-29-17 @ 11:22 PM
    Lean
    Conservative
    Posts
    6,914

    Re: The Millionaires Who Pay the Highest Tax Rate

    Quote Originally Posted by TurtleDude View Post
    You are incorrect. MOst of us who have investments have saved and worked hard to have money to invest.
    When the government decides I should have to pay the same tax rate on investment income as I do on earned income then I'll have to work till I die.
    Quote Originally Posted by Redress View Post
    Generalizations are stupid.
    Quote Originally Posted by Joe Steel View Post
    The Second Amendment has nothing to do with guns.

  10. #20
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 01:40 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,561

    Re: The Millionaires Who Pay the Highest Tax Rate

    Quote Originally Posted by Μολὼν λαβέ View Post
    When the government decides I should have to pay the same tax rate on investment income as I do on earned income then I'll have to work till I die.
    Here in cincinnati, many people work their lives with Proctor and Gamble and retire on P&G stock the parasites want those people to suffer huge tax increases on dividends.

Page 2 of 16 FirstFirst 123412 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •