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Abigail Disney calls out Republican tax cuts
Interesting video in there. I could not find it on Youtube but there are links ot it on facebook, twitter and elsewhere.
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https://nowthisnews.com/videos/polit...ther-tax-break |
She is perfectly free to pay extra in taxes. There is even a checkbox for it.
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Speaking of rich white liberal progressive
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when I lived in Belize I lived less than 10 feet from the shoreline. Paul Allen (Microsoft) had the 'smaller' of his two yachts parked out in the ocean right in front of my place for weeks. I initially thought it was a cruise ship as it was so huge. had a helicopter on a platform on the back that looked like a toy in comparison to the size of the yacht. every night lit up like xmas, sure the energy bill for all that alone is more than most peeps in North America make in a year. my neighbor and one of my friends and I wanted to row out to ask to be adopted, with me in front so we all didn't get shot approaching the boat :upsidedow but yeah, tax cuts for the super-rich don't make much sense. tax cuts to low and middle income peeps however means that more money gets injected into local economies. is anyone even still on that 'trickle down' train? I like paying taxes. it's a privilege to share with my nation of residence |
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"those people making 10 percent above and 10 percent below the mean household income of $69,700 —paid only 4 percent of all federal income taxes. Meanwhile, the top 10 percent of income earners pay 71 percent of the federal income taxes. If you want to cut taxes just for the middle class, there's not so much "there" there." |
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Those "rich" people pay the vast majority of taxes. More than 44% of Americans don't pay any taxes at all. So when an across the board tax cut happens...OF COURSE the people who pay all the taxes are going to benefit the most. It's simple math. If you don't pay any taxes (as almost half the people in the U.S. don't) then they will get NO benefit from a tax cut. If you pay $10,000 in taxes in a year you will get a good benefit in the ratio to what you pay. If you pay tens of millions of dollars to the govt. every year....you will also get a good benefit in the ratio of what you pay. But proponents of high taxes and bigger govt. are always trying to divide people and cause rifts. And saying that the "rich" got HUGE tax breaks is one way to do it. But no. They got the exact SAME percentage cut as the guy paying in $500 in taxes. Nobody seems to talk about the fact that the top ONE percent pay $39.48% of ALL taxes. The top FIVE percent (of which I'm part of) pay 59.97% of ALL taxes. And get this: the top TEN percent pay 70.88% of ALL taxes. That means that 90% of the people in the U.S. only pay 29.12% of all taxes. It doesn't take a mathematical genius to see that YES...when a tax cut happens, people who PAY taxes get the cut. But the media and Democrat politicians, looking to stir shit, never talk about that. |
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While it is true that 44% do not pay any federal income taxes, almost all of those people pay payroll taxes and of course sales taxes. https://www.marketwatch.com/story/81...why-2018-04-16 Quote:
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As for sales tax....that isn't what we are talking about. Rich people pay far more in sales tax than most people earn. There is no way around it...people that pay the most taxes will indeed benefit the most with a tax cut for everyone. |
It was a tax cut for ALL Americans. The Disney princesses can complain all they like (for some strange reason.) Liberal logic is a mental disorder :1orglaugh
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point is, the uber-rich won't buy more stuff in local economies just because they got a tax cut. whereas what is left of the middle class and low-income peeps use that money to spend. to enhance their lives and families and benefit the economy by injecting dollaz into it. small business (aka the non-Walmarts of your nation) need some more tax cuts as well. Quote:
lived in a lot of nations, all of which had vastly different cultures outside of music. that econ rule in our current international system is unfortunately true everywhere though :/ Quote:
I'm not an American, or a capital D democrat. I'm a Canadian social democrat living in the Caribbean. Plus I hate divisions. firmly believe we all have a least one thing in common and can build on that. There is no reason to be afraid, by your own admission you and Claudia are kicking much deserved azz. I very much admire the success you both have achieved. not very sure of the current tax structure for peeps/corps/small biz in the US as I haven't looked into it recently, but no matter how much more you get, would you not prefer that tax cut you don't need going to a family who would spend their money locally? on things they do need? for real, how much money does any given person need and what is their responsibility as the most privileged members of a shared nation/state/whatever ? I don't have the universal answer, only my own personally. wish I did. just my thoughts following my rebuttal. no animosity or disrespect intended. remember I'm not American =p |
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Enough of my money already goes towards that in my taxes. As well as paying for shit like an overbloated military. I personally don't want to give the govt. my money to use for corruption and killing people. And I do think that people who aren't making a lot of money should have something to aspire to. It's what I did and do. What's the point of working hard and trying to make a good life if the govt. is just going to tax the fuck out of you? As tax cut I "don't need"...wtf??? I'm not some uber-rich billionaire. I need every penny I earn. Especially in this day and age. We have people here in the United States screaming for the guy asking "do you want fries with that" to make $15 an hour. Meanwhile...those of us in the porn industry haven't been able to raise prices in 20 years. And we have to compete with free porn on mega-tubes...as those mega-tubes make millions off advertising off the backs of content producers. And of course the cost of living always goes up. No sir. I not only "need" my tax cuts...but I INSIST on keeping MY OWN MONEY. It doesn't belong to the govt., but a lot of the Democrat Party here in the United States seem to think that our money is THEIR money. And by the way...the "uber rich" DO spend a LOT more money than people with less money. What do you think they do? They buy far more expensive cars, eat at the best restaurants, buy the best clothing, etc. It all works towards increasing the economy and providing jobs for people. |
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