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IF I were among the very rich, and they made the income tax that high without the loop holes, I would retire and live on my accumulated wealth. I would not attempt to build any business to create more income for myself, which would also mean any employees that I might have would be out of work. Why cant AOC and others see that? Be a prism, spreading God's light and love, not a mirror reflecting the world's hatred.
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3/14/2019 12:12 am |
MrsJoe The very rich ARE retired. They live off their investments. ( Capitalists. ) Capitalists only need a way or a place to park their money. It can be parked in real estate investments make 20 million and pay tax on only 40 thousand or whatever amount they choose to take out as capital gains for the year. Changing the tax (BRACKETS) does not have as much bearing on a capitalist as to a work for pay person. Most work for pay people can not fill out their own tax forms so they can not comprehend how the tax system is skewed for the rich. Things that you pay taxes on can be tax free for the rich by moving $$$$ through tax free donation setups----like the current college entry scandal going on now. Those people actually moved college tuition into a tax deduction-----by classifying it as a tax free donation. Own several homes as (investments) and charge everything off as deductible expense. Travel to properties as tax deductible expense even though it is a three week vacation. LOL People do not understand and do not care to understand. A work for pay person would have to think opposite of the way they think now in order to become a true capitalist. LOL Everyone learns from mommy & daddy so 90% are raised to be workers. Then in place of knowledge they cut and paste as if they know what is going on. LOLOL Party On!
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MrsJoe The very rich ARE retired. They live off their investments. ( Capitalists. ) Capitalists only need a way or a place to park their money. It can be parked in real estate investments make 20 million and pay tax on only 40 thousand or whatever amount they choose to take out as capital gains for the year. Changing the tax (BRACKETS) does not have as much bearing on a capitalist as to a work for pay person. Most work for pay people can not fill out their own tax forms so they can not comprehend how the tax system is skewed for the rich. Things that you pay taxes on can be tax free for the rich by moving $$$$ through tax free donation setups----like the current college entry scandal going on now. Those people actually moved college tuition into a tax deduction-----by classifying it as a tax free donation. Own several homes as (investments) and charge everything off as deductible expense. Travel to properties as tax deductible expense even though it is a three week vacation. LOL People do not understand and do not care to understand. A work for pay person would have to think opposite of the way they think now in order to become a true capitalist. LOL Everyone learns from mommy & daddy so 90% are raised to be workers. Then in place of knowledge they cut and paste as if they know what is going on. LOLOL Party On! Eggzackly.......  .
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3/14/2019 7:51 pm |
OK but Kennedy & Reagan are not here now. We now have to contend with manufacturing being moved offshore. So do you contend Kennedy being a (supply sider) is in some way comparable to the way (supply) is generated now? Do you know what supply sider meant then? If tax breaks for corporations & the rich were predicated on number of jobs being created (here)-----industrial manufacturing would return. The supply comes in on a boat now. LOL Side note----have you noticed GM auto plant closings & Ford laying off workers.----While the Mexico GM plant will remain open. Did Boeing complete the plant they were planning in China? Party On!
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3/15/2019 8:53 am |
Well Rock Why insist that I should (dispute) what the guy in your cut & paste said. He was talking about taxes. I was talking about taxes. LOL Yes I know what supply side means. Did you notice that I said supply comes in on a boat now. Sort of different from JFK days. MEANING there are many things to be considered now rather than back in 1963. (56 years ago). LOL Those were pre-google days with no cut & paste. People were very dumb back then. Do you have anything on how auto repair places rip off the general public. Especially the ladies who know little about automobiles. I suspect any knowledge you may have on that topic would be appreciated even more than political cut & pastes. LOL Party On!
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3/15/2019 4:45 pm |
Thanks Rock. How if we can get a new type of health care so that everyone can feel secure in life our country will be much improved. What is your opinion on Trumps proposed massive cut to education. How about the proposal to end separation of church & state by allowing public funds to go toward church & private schools? Party On!
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3/15/2019 4:46 pm |
Now also LOL
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