Fanatical Meat
Lifer
- Feb 4, 2009
- 35,287
- 16,772
- 136
Makes sense, he just wants it to be his trolling machine. Why bother with anything else.Elon told investors that he planned to cut 75% of Twitter’s workforce.
Makes sense, he just wants it to be his trolling machine. Why bother with anything else.Elon told investors that he planned to cut 75% of Twitter’s workforce.
if i take $1,000 from someone making $10,000/year, and $10M from someone making $100M/year, who exactly is hurting more?
Ding ding ding, Its the Alex Jones lawsuit calling in, can I has some billions plz?Makes sense, he just wants it to be his trolling machine. Why bother with anything else.
you're joking, right? the person making 45k net/year, duh. why? because any sort of financial instability - let's say... a medical emergency, a broken down car, a landlord raising rent, loss of income (even temporary) - is far more impactful. after all, that millionaire who only now has $75M left after the $25M in taxes can still piss away $45k every day of the year for the next 4.5 years and still have $1M left over.10%? That's for p!@#$s.
25% flat tax. "Take" $10,000 from someone making $40,000/year.
Basic Income to give them $15,000.
Gain of $5,000.
Same tax and UBI on $100m/year, they gain $15k, and they lose 25m. Who exactly is hurting more?
With the current tax system the rich barely pay any tax because of the loop holes. My proposal for flat 10% tax includes simplifying the system and also getting rid of all the loopholes so that EVERYONE, even the rich pay 10%. No less no more. Right now they don't while rest of us pay well over double 10%. Someone like Elon Musk pays less taxes than we do so I would think that you guys who hate him so much would like a system that makes him pay more. Then there's Trump, when the info came out about his tax returns it turns out he only pays like $750/year. That's less than what we pay in a single pay cheque! How is that fair? Wanting to keep more of my own earned money is not selfish, I'm the one that worked for it, I should get to keep most of it instead of giving almost half to the government. By the time you factor in the tax brackets for both federal and provincial, then sales taxes for both, then all the other taxes they keep adding, we pay well over 50% tax on the money we make. It's completely absurd and it's even more absurd that some of you defend that. The rich don't pay any of these taxes as they have ways around it.
We need a smaller streamlined government that spends less and uses tax dollars efficiently instead of the free for all that's going on now. Never going to happen though, why would a government want to shrink themselves.
So you're really ok with half the money you make just being taken from you? If money is just a token that is worthless standing on it's own do you mind sending me the other 50% of your pay cheque? I have a mortgage to pay off and my bills keep going up every year because of inflation and government taking half of my money.
you must being doing pretty damn well if the government is taking half your money!So you're really ok with half the money you make just being taken from you? If money is just a token that is worthless standing on it's own do you mind sending me the other 50% of your pay cheque? I have a mortgage to pay off and my bills keep going up every year because of inflation and government taking half of my money.
RS is in Canada.you must being doing pretty damn well if the government is taking half your money!
CA - 13.5%
highest federal tax bracket ($539,901+) - 37% ($162,718 plus 37% of the amount over $539,900. )
so even if federal taxes applied to your entire income, not the incremental earnings, that means to send 50% of your pay to state and federal government combined, you're making over 500k as a single filer, which puts you in the top 1% of all income earners in the country. you must live a very, very tough life!
Elon told investors that he planned to cut 75% of Twitter’s workforce.
What are gonna give me in return for my 50%?So you're really ok with half the money you make just being taken from you? If money is just a token that is worthless standing on it's own do you mind sending me the other 50% of your pay cheque? I have a mortgage to pay off and my bills keep going up every year because of inflation and government taking half of my money.
You can have a progressive flat tax using a prebate.Flat tax is regressive, any way you sort it. It hurts the lower end far more than upper, and worse than current system. It's not really up for debate.
Okay you’re proposing roughly an 80% decrease in government revenues. What would you cut to make up for this?With the current tax system the rich barely pay any tax because of the loop holes. My proposal for flat 10% tax includes simplifying the system and also getting rid of all the loopholes so that EVERYONE, even the rich pay 10%. No less no more. Right now they don't while rest of us pay well over double 10%. Someone like Elon Musk pays less taxes than we do so I would think that you guys who hate him so much would like a system that makes him pay more. Then there's Trump, when the info came out about his tax returns it turns out he only pays like $750/year. That's less than what we pay in a single pay cheque! How is that fair? Wanting to keep more of my own earned money is not selfish, I'm the one that worked for it, I should get to keep most of it instead of giving almost half to the government. By the time you factor in the tax brackets for both federal and provincial, then sales taxes for both, then all the other taxes they keep adding, we pay well over 50% tax on the money we make. It's completely absurd and it's even more absurd that some of you defend that. The rich don't pay any of these taxes as they have ways around it.
We need a smaller streamlined government that spends less and uses tax dollars efficiently instead of the free for all that's going on now. Never going to happen though, why would a government want to shrink themselves.
With the current tax system the rich barely pay any tax because of the loop holes.
You can have a progressive flat tax using a prebate.
Okay you’re proposing roughly an 80% decrease in government revenues. What would you cut to make up for this?
I think people love the idea of cutting government spending as a concept. They are usually far less enthusiastic when having to choose what to cut.RS thinks everyone needs to live in bronze age conditions to suit his personal preference of living. That's really all there is to it.
All government spending is waste except that which directly benefits you and then it’s only a benefit to you and wasted on the other undeserving recipients.I think people love the idea of cutting government spending as a concept. They are usually far less enthusiastic when having to choose what to cut.
And yet you then launch into another idiot proposal to institute a flat tx, such that the wealthy then pay far far far far less in "barely any taxes, but without loopholes!"
holy shit you're just dumb.
| Tax Bracket | Tax Rate | |
|---|---|---|
| $0.00+ | 0% | |
| $2,300.00+ | 14% | |
| $3,400.00+ | 16% | |
| $4,400.00+ | 18% | |
| $6,500.00+ | 19% | |
| $8,500.00+ | 21% | |
| $10,800.00+ | 24% | |
| $12,900.00+ | 26% | |
| $15,000.00+ | 30% | |
| $18,200.00+ | 34% | |
| $23,500.00+ | 39% | |
| $28,800.00+ | 44% | |
| $34,100.00+ | 49% | |
| $41,500.00+ | 55% | |
| $55,300.00+ | 63% | |
| $81,800.00+ | 68% | |
| $108,300.00+ | 70% |
Ok great, what are those places?There are tons of places to cut. The amount of waste and inefficiencies that happen in government is staggering. If you think the government works for the people, I have a lakefront property for sale in the Sahara desert. It also comes with a bridge.
10% is better than 0%. Most rich people pay way less than 10%. A flat tax, provided the system is actually implemented correctly, would mean they finally pay their fair share while rest of us pay less. It's win win. I don't know what is dumb about that. Maybe tone down on the personal attacks if you can't understand a simple concept.
