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Only one word for it, Trump is a massive pussy

It's sad how you libs are so indoctrinated. I wish there was some way to deprogram you but I'm afraid you are too far gone. Reality isn't your friend anymore.
 
I was just proving that it is very possible for high-income people to pay a lower rate than teachers. And no, business owners should not be taxed more. We are the ones who took risks and started to businesses to employ w2 earners. I ate a shit sandwich for years after starting my first business while my w2 high earning friends all took trips together that I could not afford to go on.


I have said before that I think the $400K threshold should be higher, and I think it will have to be for President Harris to get any new tax laws passed.

It's possible, but it's the exception. I think we all know - whether we want to state it or not - that the democrat messaging around "billionaires not paying their share" or now "paying less than teachers and firefighters" and then trying to tax hardworking families making $400K is complete and total bullshit. It's meant to target relatively low IQ, mostly bitter people who want someone else to carry their water.

I earn well over the proposed threshold and I struggle to see how an increased rate anywhere in my income range can be justified. There's no possible way anyone can look at my return and think I'm not paying more than my fair share. The focus should be more on closing loopholes and write-offs, which is what enables your friend to avoid paying a normal rate.
 
It's possible, but it's the exception. I think we all know - whether we want to state it or not - that the democrat messaging around "billionaires not paying their share" or now "paying less than teachers and firefighters" and then trying to tax hardworking families making $400K is complete and total bullshit. It's meant to target relatively low IQ, mostly bitter people who want someone else to carry their water.

I earn well over the proposed threshold and I struggle to see how an increased rate anywhere in my income range can be justified. There's no possible way anyone can look at my return and think I'm not paying more than my fair share. The focus should be more on closing loopholes and write-offs, which is what enables your friend to avoid paying a normal rate.

I really like Harris's policy on tax breaks for people starting businesses. It is much more productive than Trump telling billionaires that he will give them more tax breaks if they donate to his campaign.

The loopholes you refer to are, more often than not, incentives for people to take risks and start businesses. If nobody wanted to start a business, there would be nobody to pay you the high wages that you complain about paying taxes on.

W2 earners are generally either afraid, ill-equipped, or simply choose not to get off their biscuit and risk it - and that is fine. But those who do should be rewarded within reason.
 
My wife is a teacher/ in education and I promise we pay substantially more than 9%.

I do agree that 400k is too low of a threshold. I would agree that closing loopholes should be the primary focus.

That said, the tax code is definitely challenging if you are dual income no kids like my family.
 
I really like Harris's policy on tax breaks for people starting businesses. It is much more productive than Trump telling billionaires that he will give them more tax breaks if they donate to his campaign.

The loopholes you refer to are, more often than not, incentives for people to take risks and start businesses. If nobody wanted to start a business, there would be nobody to pay you the high wages that you complain about paying taxes on.

W2 earners are generally either afraid, ill-equipped, or simply choose not to get off their biscuit and risk it - and that is fine. But those who do should be rewarded within reason.

I agree with the reward. I do. But don't tell me I'm not paying my fair share (which is what you are doing when you vote to raise my tax rates) and then use your buddy's example of extreme tax deductions to justify the ridiculous statements from the dem party about taxation.

Maybe many W2 earners. Pretty darn comfortable here though. I took the risk on a start-up and have been the primary commercial leader that has grown it 30X (so far) and will likely IPO soon at 50X of when I started. Then my stock options take over as my primary source of income... It's like starting and growing a business except with a big, beautiful W2 comp package along the way.
 
I agree with the reward. I do. But don't tell me I'm not paying my fair share (which is what you are doing when you vote to raise my tax rates) and then use your buddy's example of extreme tax deductions to justify the ridiculous statements from the dem party about taxation.

Maybe many W2 earners. Pretty darn comfortable here though. I took the risk on a start-up and have been the primary commercial leader that has grown it 30X (so far) and will likely IPO soon at 50X of when I started. Then my stock options take over as my primary source of income... It's like starting and growing a business except with a big, beautiful W2 comp package along the way.

Sorry, man, you are flat wrong here.

It is a fact that there are millionaires and billionaires that are paying lower effective tax rates than teachers. This has been confirmed by billionaires like Mark Cuban and Warren Buffet. Are they low IQ?

Biden did hire additional IRS agents to go after rich people not paying their taxes. So far they have netted an additional $1.3B. Have they been investigating you? Nope.

This statement is asinine:
But don't tell me I'm not paying my fair share (which is what you are doing when you vote to raise my tax rates)

I honestly don't give a shit what you pay in taxes, and there are many more issues to vote on than just this one.
 
Sorry, man, you are flat wrong here.

It is a fact that there are millionaires and billionaires that are paying lower effective tax rates than teachers. This has been confirmed by billionaires like Mark Cuban and Warren Buffet. Are they low IQ?

Biden did hire additional IRS agents to go after rich people not paying their taxes. So far they have netted an additional $1.3B. Have they been investigating you? Nope.

This statement is asinine:
But don't tell me I'm not paying my fair share (which is what you are doing when you vote to raise my tax rates)

I honestly don't give a shit what you pay in taxes, and there are many more issues to vote on than just this one.

This is exactly my point. You just cited billionaires. If that’s the problem, then why the fvck are we talking about tax increases on $400K or even $1M+?

Your party talks about billionaires to get the rubes all riled up about taxing them and then wants to stick it to families like mine. It’s completely dishonest.
 
Nice! You, me and chatgpt all agree that @scotchtiger is wrong.

My friend in Denver owns a $9MM roofing and construction company and pays a 7% effective tax rate last year despite earning well over $1MM. He introduced me to his CPA the other day. Thinking about making a switch.

So, to answer the original question, that is how high-income people can pay a lower tax rate than teachers.
Being in this scenario requires taking risks. Not to mention the owner being the last one paid.

A factor few like discussing.
 
Sorry, man, you are flat wrong here.

It is a fact that there are millionaires and billionaires that are paying lower effective tax rates than teachers. This has been confirmed by billionaires like Mark Cuban and Warren Buffet. Are they low IQ?

Biden did hire additional IRS agents to go after rich people not paying their taxes. So far they have netted an additional $1.3B. Have they been investigating you? Nope.

This statement is asinine:
But don't tell me I'm not paying my fair share (which is what you are doing when you vote to raise my tax rates)

I honestly don't give a shit what you pay in taxes, and there are many more issues to vote on than just this one.
We have NEVER gotten what a fair share amount issupposed to be. This is nothing more than a division of people. Bummer came up with this idiotic political term to divide us. He had plenty of chances to FIX the tax code, but it is easier to use it as a political tool. People like you eat this shit up.
I have yet to hear Buffet or Cuban ever brag about them paying THEIR FAIR SHARE, or whatever that amounts to in any of their rants about tax rates. If they feel that they sould pay more, THEN DO IT.It is a total Bullshit argument, because it is not against the law, a loophole is not illegal, and it is not evil. You don't like it, change the tax codes or write a bigger check. Also, quit taking any deductions.
 
He won’t debate again after Kamala crushed him the first time.

He pulls out of 60 Minutes and lies about why.

Kamala isn’t afraid to debate. Kamala isn’t afraid to be interviewed by 60 minutes.

Trump is a loser and a pussy. Full stop.

Trump is your daddy and will be your potus biatch.
 
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