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We're talking about the top 1% paying 25% of federal taxes. You only have to earn ~$250-$500K depending on where you live to qualify as a 1%'er. That hardly makes you ultra rich. You're still a working stiff and you shouldn't be carrying the bottom 50% that pay no federal taxes.
And why would anyone need to Apologize for the ultra wealthy? They pay obscene amounts of tax. You should be on your knees thanking them for their tax dollars.
And yes the buybacks are investments. They increase stock prices and anyone who owns those shares will make a profit. It also generates money for the company to expand, which creates more jobs. The only way you can hold money is to take it out of the market and put it under your pillow, which as previously stated, is a great way to slowly loose money.
A quick note. Stock sales of a company do not generate money for that company. The only time stock sales generate money for a company is at its initial IPO.
And another quick note if the wealthy are earning the majority of the countries income, they should be paying the majority of the taxes. That's just basic math.
A quick note. Stock sales of a company do not generate money for that company. The only time stock sales generate money for a company is at its initial IPO.
Stock sales? The companies are buying their own stock, not selling.
Quote:
Originally Posted by MrGompers
And another quick note if the wealthy are earning the majority of the countries income, they should be paying the majority of the taxes. That's just basic math.
So those that contribute the most, the very people who create the wealth in this country, employ the masses should have to pay for the privilege? Meanwhile, those contribute the least and take the most (welfare etc) should pay nothing. If that's your basic math, then your calculator is broken.
When immigrants with kids enter our country illegally, they get food stamps for the kids, free medical care for the kids, and free public schooling.
Deport them NOW!!! We have enough people who can mow a lawn or wash dishes... we don't need more who cost the taxpayer an arm and a leg because they bring their kids along!
Actually, no, we're talking for the most part about U.S. citizens - children. From Oldglory's cited article:
A large share of the welfare used by immigrant households with children is received on behalf of their U.S.-born children, who are American citizens. But even households with children comprised entirely of immigrants (no U.S.-born children) still had a welfare use rate of 56 percent in 2009.
Needless to say these American citizens are already living in the United States. The Breibart article is so miswritten that it misses the entire point of the issue - that the latest Trump effort is to try to deny a legal permanent residence or citizenship to a U.S. legal immigrant head of household if his US-born children utilize government benefits like pre-school programs. And don't forget the free lunch programs at schools. Those are some hungry kids.
I kid you not.
The point is in the case of illegal aliens if they hadn't violated our borders and gave birth on our soil we wouldn't have to be providing welfare to them. This PC policy only of deeming them birthright citizens is costing us dearly.
The point is in the case of illegal aliens if they hadn't violated our borders and gave birth on our soil we wouldn't have to be providing welfare to them. This PC policy only of deeming them birthright citizens is costing us dearly.
When immigrants with kids enter our country illegally, they get food stamps for the kids, free medical care for the kids, and free public schooling.
Deport them NOW!!! We have enough people who can mow a lawn or wash dishes... we don't need more who cost the taxpayer an arm and a leg because they bring their kids along!
No, kids entering the country illegally are not entitled to food stamps or free medical care. Some states have added exceptions for medical care for non-citizen children but that's the exception rather than the rule. The Supreme Court ruled that a public education must be provided for all children regardless of their citizenship.
The wording of the 14th Amendment on birthright citizenship did not allow for children born from illegal aliens to become so at birth. So no, this PC policy only is not based on the Constitution.
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