Archy1221 Posted February 4 Share Posted February 4 1 hour ago, BigRedBuster said: I support this. I agree with this lifting the cap on this tax too. Though it gets annoying to get morons like Elizabeth always spouting the “pay their fair share” nonsense. They literally are paying their fair share now based on the current legislation. 1 Link to comment
teachercd Posted February 5 Share Posted February 5 20 minutes ago, DevoHusker said: This is nuts My god that is amazing. 2 1 Link to comment
ZRod Posted February 5 Share Posted February 5 2 hours ago, DevoHusker said: This is nuts I'm guessing this is his net worth and not his actual earnings? How do you tax unrealized gains? If most of this is Amazon stock he may never actually sell all of it, then what? Does he get a rebate when he dies? 1 Link to comment
DevoHusker Posted February 5 Share Posted February 5 Just now, ZRod said: I'm guessing this is his net worth and not his actual earnings? How do you tax unrealized gains? If most of this is Amazon stock he may never actually sell all of it, then what? Does he get a rebate when he dies? Sorry. I did not post it for the "tax the rich" part. I posted it due to the sheer audacity of the numbers. Your points are valid regarding wealth vs income. Link to comment
ZRod Posted February 5 Share Posted February 5 10 minutes ago, DevoHusker said: Sorry. I did not post it for the "tax the rich" part. I posted it due to the sheer audacity of the numbers. Your points are valid regarding wealth vs income. It's a crazy number, but it's a massive business that he built. 2 Link to comment
DevoHusker Posted February 5 Share Posted February 5 32 minutes ago, ZRod said: It's a crazy number, but it's a massive business that he built. Yes indeed. I hate to think how much my wife has added to his fortune... 1 Link to comment
Moiraine Posted February 5 Share Posted February 5 6 hours ago, BigRedBuster said: I support this. There shouldn't be a cap. 2 Link to comment
BigRedBuster Posted February 5 Share Posted February 5 12 hours ago, Archy1221 said: I agree with this lifting the cap on this tax too. Though it gets annoying to get morons like Elizabeth always spouting the “pay their fair share” nonsense. They literally are paying their fair share now based on the current legislation. There’s a difference between what they legally owe and “their fair share”. 1 1 1 Link to comment
Archy1221 Posted February 5 Share Posted February 5 1 hour ago, BigRedBuster said: There’s a difference between what they legally owe and “their fair share”. No there isn’t. Our legislature has decided that what they pay now is actually their fair share as long as they pay it. 1 1 1 Link to comment
teachercd Posted February 5 Share Posted February 5 4 minutes ago, Archy1221 said: No there isn’t. Our legislature has decided that what they pay now is actually their fair share as long as they pay it. Yeah, I am with you on this. Also, I hate the idea that someone is rich they should pay some bigger "fair share", that just doesn't sit well with me. Now, if legislation is passed and they are forced to pay more, I get it. For instance, teachers should not have to pay state income tax BUT we do, so I deal with it even though clearly, as educators and heroes (to some), we should get a break but we don't. Now if that ever changes and laws are passed that say we do not need to pay state income tax, well, I will gladly no longer pay them as opposed to paying my fair share. 1 2 Link to comment
RedDenver Posted February 5 Share Posted February 5 3 hours ago, teachercd said: Also, I hate the idea that someone is rich they should pay some bigger "fair share", that just doesn't sit well with me. The alternative is for the middle class and poor to pay more. Link to comment
teachercd Posted February 5 Share Posted February 5 22 minutes ago, RedDenver said: The alternative is for the middle class and poor to pay more. Yeah, I know. 1 Link to comment
RedDenver Posted February 5 Share Posted February 5 2 minutes ago, teachercd said: Yeah, I know. Seems way worse to ask the people least able to pay to do it as opposed to those with the most ability to pay. And for many of the rich, more money than they could ever possibly spend. Link to comment
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