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Thousand bux a month or tax wealthy elite 70%

Discussion in 'BBS Hangout: Debate & Discussion' started by Jump Ship, Mar 10, 2019.

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Which do you want?

  1. $1000 a month for everyone over 18 years old

    4 vote(s)
    18.2%
  2. Tax the wealthy 70% on every dollar over $10 million

    10 vote(s)
    45.5%
  3. Niether, I am republican and think walls are cool

    8 vote(s)
    36.4%
  1. Jump Ship

    Jump Ship Member

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    This is not about one individual or his statements. We only have access to publicly traded companies as it should be. We see they are not paying their taxes. We can only assume many private ones which are 10x bigger are doing the same.
     
  2. mick fry

    mick fry Member

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    Harper will make 7 million a year while paying 21 million, sounds reasonable to me. Hold up its only after his 10 million so I have to refigure.
     
  3. BruceAndre

    BruceAndre Member

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    I was wondering who was going to make this comment. Bobrek is fastest on the draw! :D
     
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  4. jcf

    jcf Member

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    ok. fashion model. We good?
     
  5. BruceAndre

    BruceAndre Member

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    Actually, most people shouldn't have children. What a pain in the &*% those crumb crunchers are! :D
     
  6. bobrek

    bobrek Politics belong in the D & D

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    This thread has been about taxing INDIVIDUALS who make $10+ million/year. Read your own title and poll. You went on to unequivocally state that individuals that make over $10 million per year do not pay any taxes...except for some reason athletes do according to you.
     
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  7. dachuda86

    dachuda86 Member

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    This thread was really unnecessary.
     
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  8. bobrek

    bobrek Politics belong in the D & D

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    And my wife has regretted that for 30+ years
     
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  9. Deji McGever

    Deji McGever יליד טקסני

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    Israel has one of the world's best healthcare systems, but it's not free. Everyone has to pay in every month, even if they are unemployed, and income taxes are about double what they are in the US. Education is also not free, but it is significantly cheaper than the US, though I can tell you no one is exactly knocking down my door with job offers because of my MA from Bar-Ilan University.

    Health care is one of the few things that the Israeli government manages to get right and it's popular across all sectors of society. It also has a thriving private sector healthcare that extremely cost-competitive: my old business partner had hernia surgery and stayed in a private hospital a few nights for less than $1100. For all the admiration US politicians profess for Israel, it's a shame they don't admire its health care system more.

    "We" aren't ok with it -- but Lockheed Martin, Boeing, Raytheon, General Dynamics, Northrop Grumman, General Electric, Honeywell, Colt, Dow Chemical, McDonnell Douglas, and all the politicians they own are more than ok with it.

    When politicians in the US say they want to end or cut military aid to Israel, they are either being disingenuous or don't know what they are talking about. Doing so would require abandoning Camp David and hurting shareholder value on a lot of defense industry stocks, two realities they would have to answer to that no one in DC has either the balls or the political capital to do. There's no reason to expect otherwise, when the only consistent opposition in Congress for new arms deals is pretty much Bernie Sanders, Tulsi Gabbard, and the GOP Liberty caucus.

    Congress doesn't technically pay foreign recipients anything in these aid arrangements. They give Israel (and Egypt) per Camp David billions of dollars in defense spending credit from US defense contractors. it's McDonnell Douglas and Raytheon and so on that cash those checks directly. That's how US military aid generally works and why military aid gets voted for so easily in Congress and why taking it away usually fails.

    American military contractors love it: In the case of Israel and Egypt, who get more aid than any others, that is because of the agreement reached in the Camp David Accords, which bought legit peace between Egypt and Israel and created lots of cushy American defense industry jobs to fulfill those contracts that would require one of the only lasting Middle East peace treaties to be killed to get rid of.

    Palestinians hate the selective enforcement of it: It's not said enough that the treaty had a clause to transfer to Gaza and the West Bank full Palestinian sovereignty within five years -- which effectively should have created a Palestinian state no later than 1983. I think threatening to end the agreement to both Egypt and Israel unless this clause is complied with would be fair game and very much in the spirit for which the agreement was designed, but I would suspect that any politician who did would be shouted down by their colleagues in both parties as an anti-Semitic friend of Iran in every major US TV news broadcast for weeks.

    Many politicians in Egypt and Israel think it limits their sovereignty: It strictly limits what those clients can buy from other countries, and what technology they can share. That's why in Israel, at least, you'll hear politicians occasionally complain that the whole setup benefits the US far more than it does Israel, since they wont allow them buy cheaper jets from France or Sweden, that it forces them to standardize on US munitions, and that their own arms industry is limited to what they can sell and who they are allowed to sell it to, and left to their own devices they would come out ahead. I make no claims to the accounting, but it's a claim made commonly enough (notably often by Moshe Arens) in Israeli media.
     
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  10. BruceAndre

    BruceAndre Member

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    upload_2019-3-11_14-28-10.png :D
     
  11. BruceAndre

    BruceAndre Member

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    She may have her eye on 2024, when she'll be 35 (I think). Of course, that's assuming she doesn't implode before then (as increasingly seems likely).
     
  12. BruceAndre

    BruceAndre Member

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    Because anyone with any hopes of advancing economically can see the error of a policy that says "let's tax billionaires."

    That's never where it ends.

    Then it's "let's tax millionaires" and then it's "let's tax $100,000-aires"...and then they come for you.
     
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  13. BruceAndre

    BruceAndre Member

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    I'm no UBI defender -- far from it -- but I don't think that even its proponents propose that UBI pay for all a person's needs.

    It's "just supposed" to relieve a person from choices like food vs rent.

    Of course it's a horrific idea and can never "work", but that's a whole 'nuther debate.
     
  14. jakedasnake

    jakedasnake Member

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    What kind of world are we leaving in? I understand some of the logic but do we really want to take money out of a billionaire's hands and give it to the government? We really trust our government to do the right thing with it? Since when? Or will it go to people that don't actually deserve it?

    I am confused by all of this. I am also supposed to believe that somebody will just send me a check for $1,000 a month simply for continuing to breathe air past the age of 18? I would feel unbelievable dirty about getting a $1,000 check a month for nothing. I am sure most people think they "deserve it" but that is what is wrong with our world today. If you think we are entitled now, wait till the government starts handing out checks for being over a certain age.

    Too many entitled individuals that think they are owed something because they were told they were "special" growing up and given participation trophies for showing up. Learn a ****ing skill, develop your talent with hard work and determination, earn some money and quit expecting others to do it for you. This is why I hate politics. Too many people blaming others for their problems.
     
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  15. JuanValdez

    JuanValdez Member

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    They already tax the $100,000-aires, millionaires, and billionaires. There's no slippery slope here; we're already in it. The only question is how much.

    No half-measures. If that's as far as we'd go with UBI, I wouldn't bother.
     
  16. TheresTheDagger

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    Cut off your nose to spite your face? I imagine they'd prefer that than bending over and saying thank you maam may I have another!

    You know and I know the folks who are smart enough to be affected by this will do everything in their power to minimize the impact on them. Either they will find a law that provides them with exceptions or get the lawmakers already in their pockets to create one. And if they can't do that, they will find a way to start earning money overseas at dollar # $10,000,001. They aren't just going to simply lay down and take it up the ass. And they are the ones with the money, power, and influence to insure they don't.
     
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  17. mick fry

    mick fry Member

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    [​IMG]
     
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  18. Jump Ship

    Jump Ship Member

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    Only three fashion models made over $10 million last year. The exception would be made for athletes and anyone who makes over $10 million based on looks. Both looks and athleticism diminish over time. I am sure there would be a list of exceptions that would effect a very few people. That’s not a concern. Their ceiling would just be 2-3x higher for x amount of years.
     
  19. Jump Ship

    Jump Ship Member

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    You act like there’s a huge difference between making $40 billion and $100 billion. Name me one thing you cannot buy. I have the Mr. crabs violin on queue ready.
     
  20. BruceAndre

    BruceAndre Member

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    Well, I was thinking about this ridiculous 70% taxation stuff. I guess I wasn't as precise as I should have been.

    With respect, I think you haven't been following the UBI stuff then. I don't think anyone's proposing it as total replacement of current income, or to fulfill everyone's income needs. Frankly, the idea that the federal government could do that without creating all kinds of dysfunctions and disincentives is very far-fetched, but anyway....
     
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