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Democrats Want To Lower Taxes On The Rich

Moderate Right

Moderate Right

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LOL. It's funny that Democrats want to raise the cap on SALT deductions, benefitting only the rich. The poor don't pay over $10,000 in SALT. This is all about those high taxed states like California and New York being mad because those high taxed states used to be able to tell their richer citizens, "Don't worry about our state's high tax rates because the federal government will subsidize our high taxes so you really aren't paying them." If these states are going to tax rich people more then they shouldn't allow the federal government to give the money right back to those rich people. They should own their high tax rates and their liberal rhetoric.



Schumer: Democrats will try to overturn tax deduction cap
 
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Indeed. It's really too bad that rich people in California and New York don't want to pay their fair share.
 
The whole idea of taxing income based on how and upon who it was later spent is BS.
 
Moderate Right said:
LOL. It's funny that Democrats want to raise the cap on SALT deductions, benefitting only the rich. The poor don't pay over $10,000 in SALT. This is all about those high taxed states like California and New York being mad because those high taxed states used to be able to tell their richer citizens, "Don't worry about our state's high tax rates because the federal government will subsidize our high taxes so you really aren't paying them." If these states are going to tax rich people more then they shouldn't allow the federal government to give the money right back to those rich people. They should own their high tax rates and their liberal rhetoric.



Schumer: Democrats will try to overturn tax deduction cap
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All the Democratic candidates plans are welfare for the rich. They insist that Jeff Bezos and Bill Gates are SO poor they can't afford to pay for their employees healthcare, can't afford to pay their employees enough to save for college, can't even afford their own healthcare or to pay for their kids educations.

Democratic Party = Welfare for the richest people on earth.
 
I applaud any action which lowers taxes. :applaud

I wish they would eliminate them entirely! . . . For EVERYONE!!
 
SkyChief said:
I applaud any action which lowers taxes. :applaud

I wish they would eliminate them entirely! . . . For EVERYONE!!
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Yeah, and I wish money grows on trees and governments magically run themselves without requiring any money
 
Moderate Right said:
If these states are going to tax rich people more then they shouldn't allow the federal government to give the money right back to those rich people. They should own their high tax rates and their liberal rhetoric.
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You're exactly right.

I thought liberals enjoyed paying high taxes for their beloved government services? Turns out even liberals don't like the taste of liberalism.

Schumer said:
"I think we are very, very close," Schumer said. He said Americans living in suburban neighborhoods in high-tax states, like New York and California, are already paying some of the highest property and school taxes in the nation and "for the federal government to then penalize them is so unfair."
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Yes Chuck, these rich people are being "penalized" for not being able to transfer part of their tax burden to the rest of us.
 
Moderate Right said:
LOL. It's funny that Democrats want to raise the cap on SALT deductions, benefitting only the rich. The poor don't pay over $10,000 in SALT. This is all about those high taxed states like California and New York being mad because those high taxed states used to be able to tell their richer citizens, "Don't worry about our state's high tax rates because the federal government will subsidize our high taxes so you really aren't paying them." If these states are going to tax rich people more then they shouldn't allow the federal government to give the money right back to those rich people. They should own their high tax rates and their liberal rhetoric.



Schumer: Democrats will try to overturn tax deduction cap
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So, you are for policies that raise taxes on the rich? That's new for you.

You are employing a disingenuous argument. Property taxes on the middle class in NY, CA and other states that want to provide good schools and services are often over $10,000 a year. It isn't only the rich.

Taxes should be deductible on federal returns. Not doing so is double taxation -- taxing on money that money that you paid as taxes.

If you are genuinely interested in raising taxes on the rich, we can easily do so by undoing the 2017 tax cuts.
 
So for 8 years republicans told us, we couldn't tax the wealthy or "job creators" as they like to call them and now they are for taxing the job creators. Talk about hypocrites.
 
Moderate Right said:
LOL. It's funny that Democrats want to raise the cap on SALT deductions, benefitting only the rich. The poor don't pay over $10,000 in SALT. This is all about those high taxed states like California and New York being mad because those high taxed states used to be able to tell their richer citizens, "Don't worry about our state's high tax rates because the federal government will subsidize our high taxes so you really aren't paying them." If these states are going to tax rich people more then they shouldn't allow the federal government to give the money right back to those rich people. They should own their high tax rates and their liberal rhetoric.



Schumer: Democrats will try to overturn tax deduction cap
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Cuomo wants to help the rich because they are leaving the state.
 
Moderate Right said:
If these states are going to tax rich people more then they shouldn't allow the federal government to give the money right back to those rich people. They should own their high tax rates and their liberal rhetoric.
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The states that have higher state taxes can afford their own education, health care and infrastructure. As a result they don't need to be subsidized by the Federal government. It therefore makes no sense for their citizens to be taxed twice.

Most & Least Federally Dependent States

The states who are the most dependent on federal dollars are southern conservative states like Alabama, Mississippi, Tennessee, Louisiana, South Carolina, Kentucky... The reason is because they don't collect enough in state taxes to support themselves so the Federal government has to subsidize them.

The states who are the least dependent on Federal dollars are generally Northern Liberal states like Minnesota, Illinois, New Jersey, Connecticut... The reason is because they collect enough in state taxes to support themselves so the Federal government doesn't have to.

Since conservative refuse to collect state taxes from their wealthy residents the Federal government has to do it for them. But if your state shows a willingness to appropriately tax your own citizens then there's no reason for the federal government to do it again.
 
Taylor said:
Indeed. It's really too bad that rich people in California and New York don't want to pay their fair share.
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bwahahahahahahahaha!!!!! Are you really that bad at math? They are paying the same. They're paying more in State taxes as a result they get a deal on Federal. When you pay nothing in state, you don't get a deal on Federal.

The federal government would love states to be fiscally responsible and pay for their own bills. Salt is how you reward the responsible states and punish the cheapskates that the federal government then has to subsidize.
 
MrWonka said:
The states that have higher state taxes can afford their own education, health care and infrastructure. As a result they don't need to be subsidized by the Federal government. It therefore makes no sense for their citizens to be taxed twice.

Most & Least Federally Dependent States

The states who are the most dependent on federal dollars are southern conservative states like Alabama, Mississippi, Tennessee, Louisiana, South Carolina, Kentucky... The reason is because they don't collect enough in state taxes to support themselves so the Federal government has to subsidize them.

The states who are the least dependent on Federal dollars are generally Northern Liberal states like Minnesota, Illinois, New Jersey, Connecticut... The reason is because they collect enough in state taxes to support themselves so the Federal government doesn't have to.

Since conservative refuse to collect state taxes from their wealthy residents the Federal government has to do it for them. But if your state shows a willingness to appropriately tax your own citizens then there's no reason for the federal government to do it again.
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Every now and then a progressive drags that study out. Its weighting in predicated on how much taxes are paid before any other factors are considered. So take New York, which pays a large amount of Federal taxes because it generates large amounts of income from financial sectors, logistics as a port and sheer population density. So if you figure contracts out it wont work out to be much even if the amount sent in is enormous. This study is ignoring economies of scale like it doesn't exist.

So look at this Federal taxation and spending by state - Wikipedia

Sort the chart total by ascending and you get the most populous states getting the most dollars from the fed. Please look at per capita as well. It supports some of the conclusions of the study but not all of them. In the study, if you start with taxes paid, of course you are going to get a lopsided statistical return.

Just a thought but subsidizing their state and local taxes by having gigantic refunds on SALT hides spending issues because taxpayers aren't hit as hard locally. Those states would have had less stratification in their state and local government if their tax bills kept rising steadily from the spending year after year.

I will agree with you on one thing, California gets a very low return for the dollars they put in. Perhaps that would change if more populous states were subdivided after certain population numbers were reached. It would allow better representation as well.
 
MrWonka said:
The states that have higher state taxes can afford their own education, health care and infrastructure. As a result they don't need to be subsidized by the Federal government. It therefore makes no sense for their citizens to be taxed twice.

Most & Least Federally Dependent States

The states who are the most dependent on federal dollars are southern conservative states like Alabama, Mississippi, Tennessee, Louisiana, South Carolina, Kentucky... The reason is because they don't collect enough in state taxes to support themselves so the Federal government has to subsidize them.

The states who are the least dependent on Federal dollars are generally Northern Liberal states like Minnesota, Illinois, New Jersey, Connecticut... The reason is because they collect enough in state taxes to support themselves so the Federal government doesn't have to.

Since conservative refuse to collect state taxes from their wealthy residents the Federal government has to do it for them. But if your state shows a willingness to appropriately tax your own citizens then there's no reason for the federal government to do it again.
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What a bunch of horse ****. Democrats are crying because rich people in higher taxed states can't get paid back for the high taxes they pay to their state by the federal government. Why do you believe rich people should be able to dodge paying taxes?
 
OpportunityCost said:
Every now and then a progressive drags that study out. Its weighting in predicated on how much taxes are paid before any other factors are considered. So take New York, which pays a large amount of Federal taxes because it generates large amounts of income from financial sectors, logistics as a port and sheer population density. So if you figure contracts out it wont work out to be much even if the amount sent in is enormous. This study is ignoring economies of scale like it doesn't exist.
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Because it is irrelevant. Why states are paying more into the tax base is irrelevant. The fact is that they are. If a state is generating a certain amount of money for the Federal Government it stands to reason that they should expect to receive a similar amount back.

Obviously places like DC, Maryland and Virginia receive more due to the fact that they have an inordinately high number of government installations there, but by and large it is consistently Red Conservative states that are receiving the most money per capita from the Federal Government whereas blue Liberal states are the ones paying the tab.
 
Moderate Right said:
What a bunch of horse ****.
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Yet you cannot provide a single solitary rebuttal to anything I said.

Moderate Right said:
Why do you believe rich people should be able to dodge paying taxes?
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I don't, and they're not. You're attempting to distort reality and it's not going to work. They're simply paying State taxes instead of Federal Taxes. Who collects the tax is largely irrelevant so long as it is collected and invested. In fact, by and large I would say it is generally better if the taxes are collected at the lower levels of government as that makes it less likely to be exposed to corruption and gives local voters more say in how their tax dollars are spent.
 
OpportunityCost said:
I will agree with you on one thing, California gets a very low return for the dollars they put in. Perhaps that would change if more populous states were subdivided after certain population numbers were reached. It would allow better representation as well.
Click to expand...

Or we could just get rid of the Senate entirely and give it's powers to the House of Representatives.
 
MrWonka said:
bwahahahahahahahaha!!!!! Are you really that bad at math? They are paying the same. They're paying more in State taxes as a result they get a deal on Federal. When you pay nothing in state, you don't get a deal on Federal.

The federal government would love states to be fiscally responsible and pay for their own bills. Salt is how you reward the responsible states and punish the cheapskates that the federal government then has to subsidize.
Click to expand...
If they are "getting a deal on Federal" then they are not paying the same. Fortunately, that has been remedied and the rich are paying more of their fair share. You'd think thr left would be pleased.
 
Taylor said:
If they are "getting a deal on Federal" then they are not paying the same.
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Yes, they are. They're just not paying it directly to the Federal government. They're paying it to the state. If you pay $8 in state taxes and $10 in Federal it equals $18. If you pay $10 in state taxes and $8 in Federal then you're still paying $18. It's the same either way.
 
Moderate Right said:
LOL. It's funny that Democrats want to raise the cap on SALT deductions, benefitting only the rich. The poor don't pay over $10,000 in SALT. This is all about those high taxed states like California and New York being mad because those high taxed states used to be able to tell their richer citizens, "Don't worry about our state's high tax rates because the federal government will subsidize our high taxes so you really aren't paying them." If these states are going to tax rich people more then they shouldn't allow the federal government to give the money right back to those rich people. They should own their high tax rates and their liberal rhetoric.



Schumer: Democrats will try to overturn tax deduction cap
Click to expand...

LOL Penalizing residents of the States that pay the Federal Govts. and Red States bills is as wrong as paying taxes on taxes.

AP FACT CHECK: Blue high-tax states fund red low-tax states
 
Taylor said:
If they are "getting a deal on Federal" then they are not paying the same. Fortunately, that has been remedied and the rich are paying more of their fair share. You'd think thr left would be pleased.
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States that pay their own bills are being penalized while the mooching Red States still get their Federal subsidies. It's time for those States to pay their "fair share" instead of the federal Govt.

Mississippi received $2.13 for every tax dollar the state sent to Washington in 2015, according to the Rockefeller study. West Virginia received $2.07, Kentucky got $1.90 and South Carolina got $1.71.
Meanwhile, New Jersey received 74 cents in federal spending for tax every dollar the state sent to Washington. New York received 81 cents, Connecticut received 82 cents and Massachusetts received 83 cents.
Click to expand...


AP FACT CHECK: Blue high-tax states fund red low-tax states
 
MrWonka said:
Yes, they are. They're just not paying it directly to the Federal government. They're paying it to the state. If you pay $8 in state taxes and $10 in Federal it equals $18. If you pay $10 in state taxes and $8 in Federal then you're still paying $18. It's the same either way.
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Those are two totally different taxes supporting totally different sets of programs. If you're "getting a deal" on your Federal taxes, then you're not paying your fair share of Federal taxes.
 
SkyChief said:
I applaud any action which lowers taxes. :applaud

I wish they would eliminate them entirely! . . . For EVERYONE!!
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I don't think the people of Bolivia are paying any taxes now.
Of course they don't have a government either.

So howzabout we all move to Bolivia where there is no government and therefore, NO LAWS.
Or..howzabout just YOU GO and let us know what a great time you're having down there.

Send a postcard.

 
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