thats a big start...then we can go from there...
At least I got somewhat of an acknowledgement from you that there are people busting their arses that still pay many taxs and cant make it...now you get no arguement from me...that govt needs to spend less...no more subsidies for corps...no more foreign aid...no more loopholes and tax havens for the rich...dont raise their taxs just make them pay their tax rate for once like the middleclass does...
It wasn't me. It was the trained professionals who are responsible for cost accounting for federal prisons. I just know where to find their work. Obviously, you don't and couldn't care less since your whole schtick is just to make up whatever numbers you want as you go along.
The hopeless nature of your attempts to state and defend anything even remotely relevant to the topic. Your poor little hurt feelings are about all we are being exposed to here. Not that a lot more than that was ever being expected.
He regularly betrays himself in many ways on many fronts. Apparently, there is no recognition of the fact that bad acting earns worse reviews than no acting at all.
LOL! To our collective injury and detriment, we've been trying to get by here with pretty much the smallest public sector of any developed economy in the world, and you think we should try getting by with much much much less.
See, the absurd implication of your "thinking" is that the government should take your taxes and then turn around and send you back a check for the very same amount. That is the only way in which people will not end up paying for goods and services provided to someone else.
Gee, for a rich guy, your understanding of progressive taxation is pretty shabby. Since it's pretty apparent, most of that group actually recognizes that they indeed pay exactly the same tax rates as the middle class. That would be 10% on the first $8,700 of taxable income, 15% on the next $26,650, 25% on the next $50,300, 28% on the next $93,000, 33% on the next $209,700, and 35% on everything after that. The rich don't pay different rates. They merely make a whole lot more money. The average income of the top 1% is 100 times the average income of the bottom 20%. But they both pay taxes at the same rates.
The 35% rate is a marginal rate that applies only to taxable income above $388,350. No matter who you are or how much you (pretend to) make, income below that amount is taxed at the rates I set out just above.
Because those others whom you so much love to loathe have not in fact accrued the $388,350 necessary to make one eligible to pay a 35% tax rate on any dollar at all. I realize that you are not really very good with money matters, but let me assure you that having 388,350 extra dollars rattling around in your back pocket allows one to afford a whole lot of things, one of which is a modestly higher tax rate on any taxable income you might manage to come up with that is beyond that amount.
Inflation is not a risk, it's a certainty, and an absence of it would not be a good thing. But surely as a rich person, you must be aware that inflation risk is one of the things that is built into your returns on investment. You are in effect being paid for inflation, whether it occurs or not. And of course, everything is taxed more than once. I don't know what nincompoop can possibly have put into your head the notion that you are somehow to be protected from that.
Actually, there are plenty of perfectly reasonable and fact-based arguments for having differing tax rates applied to income from differing sources. It's just that you won't be hearing any of them from TD. First of all, I'm sure he doesn't know what they are, and second of all, I'm sure he would find them all too liberal for his liking. After all, the government shouldn't be in the business of picking winners, you know.