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Good they pay the most in taxes to support deadbeats; most likely liberals.
You are naive to think that 'deadbeats' are liberals.
I think we'd find it is evenly split. True there are folks in urban centers that lean left but those folks in them there hills, living in their trailers......they tend to vote Republican.
never came close to saying that.. Is english your second language?
You really have no interest in having an honest discussion about this topic, do you? As per your reply, #662,
Quote:
Originally Posted by pghquest
You didnt address one question I asked, but lets continue since you cant..
how does the poor "spending more money than they save" not make the "ultra wealthy" richer? People on welfare dont own businesses
If it doesnt enter the market, where does it go?
dont cop out on this question like you did the others..
Supply side economics is not based on tax cuts, its based upon putting money into the economy where as you JUST SAID.. people SPEND it.. more than saving it..
So you understand the population at large spends their money, how does this NOT create jobs?
No one with even the most basic understanding of macroeconomics would make this claim, as it is absurdly false.
I do, but clearly you don't. Taxes in the example I gave (which went over your head) are based on 1. Salary Income, and 2. Profits. Read the example and see if you get it this time. Pay-roll tax (15%) is applied only to salary, which is why people keep their salary as low as legally possible. This minimizes the pay-roll tax, but the new tax bill changes that, as it will force you to take a much larger portion of your income as salary. That can easily hike you tax by $10K even in a $150K annual operation. The income portion will be taxed at a lower rate, but since 70% of your total income is 'salary', your profit portion just shrunk to $45K.
payroll taxes are part of payroll expenses and reduce the income tax obligations from a business. It does not make a company profitable.
This is American, freedom of choice. People should move to one of those options you mentioned if they freely want to do that.
People should not be forced to sell their homes because they cannot afford the property taxes. That is not the free market as you posted earlier. That is being over taxed.
I completely agree with you. People wonder why I live in my 5000 sf home, and half the time my kids arent even around, but its my choice. I love my house,
that being said, i dont want my neighbors taxes to be higher than is "fair" because my tax bill is frozen.. Taxes should be based upon a value, not based upon who lives there.
If a house is taxed at a $500K value for you, then that same house should be taxed at the same amount for me. Changing who lives there, should not change the taxes owed on it no more than someone who makes $50K a year should pay the same as someone else who makes $50K
I will pay thousands more under the Trump bill. I don't live in a high tax state, don't own a million dollar home. This bill is going to stick it good to anyone who makes over 90K a year where the 25% bracket kicks in. The new standard deduction barely makes up for the loss of exemptions not to mention the rest of the deductions that we have had. No!
There's been a lot of false information published about this bill. Don't believe that.
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