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Old 02-26-2019, 08:49 AM
 
Location: the very edge of the continent
89,029 posts, read 44,840,107 times
Reputation: 13715

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Quote:
Originally Posted by Neuling View Post
In the US states also don't levy corporate tax on people from out of state.
Irrelevant. US corporations are taxed at the federal level regardless of which state they're in and regardless of if the profits were earned outside the US. European countries don't do that. That's why Ingvar Kamprad ran IKEA out of a different European country than Sweden. It actually would be more fair if European countries taxed corporations on worldwide income like the US does, but they don't.

Quote:
What exactly do you mean by "share"?
Example: Those who earn 1% of a country's total income pay 1% of the national/federal tax.
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Old 02-26-2019, 08:52 AM
 
Location: the very edge of the continent
89,029 posts, read 44,840,107 times
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Quote:
Originally Posted by serger View Post
No.
Yes. More is spent in the US on means-tested public assistance than on national defense. National defense has a Constitutional mandate. Means-tested public assistance programs do not, and, in fact the legislation of such is NOT an enumerated power of the US Congress. Constitutionally, they shouldn't even exist. As such, fund them via voluntary donations, only.
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Old 02-26-2019, 08:59 AM
 
Location: Planet earth
3,617 posts, read 1,822,090 times
Reputation: 1258
Quote:
Originally Posted by Volobjectitarian View Post
Here's where we separate, never again to come together.

Why on Earth do we need to "fight" individuals being thrifty, ambitious, hard working and successful?

Why must success be punished?

Why? Because people who seek to redistribute wealth, want to be benevolent with others' money rather than their own, proclaim, "It's not FAIR!" even though they've done NOTHING to earn, save and invest like people with wealth have.


They all demand an EASY button. One which relieves them of their lack of ability, effort and risk yet grants them the same rewards as people with those attributes.
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Old 02-26-2019, 09:00 AM
 
8,157 posts, read 3,678,584 times
Reputation: 2720
Quote:
Originally Posted by InformedConsent View Post
Yes. More is spent in the US on means-tested public assistance than on national defense. National defense has a Constitutional mandate. Means-tested public assistance programs do not, and, in fact the legislation of such is NOT an enumerated power of the US Congress. Constitutionally, they shouldn't even exist. As such, fund them via voluntary donations, only.



I said that total military spending exceeds 1 trillion, that was a correct statement. Your original and follow up figures were wrong. The end.
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Old 02-26-2019, 09:02 AM
 
Location: West Coast of Europe
25,947 posts, read 24,749,338 times
Reputation: 9728
Quote:
Originally Posted by InformedConsent View Post
Irrelevant. US corporations are taxed at the federal level regardless of which state they're in and regardless of if the profits were earned outside the US. European countries don't do that. That's why Ingvar Kamprad ran IKEA out of a different European country than Sweden. It actually would be more fair if European countries taxed corporations on worldwide income like the US does, but they don't.

Example: Those who earn 1% of a country's total income pay 1% of the national/federal tax.
At least he is dead now. Apart from his anti-social tax behavior, he also was associated with the Nazis. And luckily his tax behavior is not the rule here in Europe. The EU is actually investigating those practices and Ikea could have a rude awakening.

That's the problem. Judging from your definition of share it doesn't have anything to do with progressive vs regressive.

Read the entry for Belgium on Investopedia, for instance:
https://www.investopedia.com/taxes/c...-income-taxes/
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Old 02-26-2019, 09:04 AM
 
13,511 posts, read 17,038,460 times
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Quote:
Originally Posted by KS_Referee View Post
Why? Because people who seek to redistribute wealth, want to be benevolent with others' money rather than their own, proclaim, "It's not FAIR!" even though they've done NOTHING to earn, save and invest like people with wealth have.


They all demand an EASY button. One which relieves them of their lack of ability, effort and risk yet grants them the same rewards as people with those attributes.
So none of the people who support progressive taxation or more robust social safety nets have any wealth of their own? They are all "takers" who look to pilfer from the truck driving Rush Limbaugh fan who read "Rich Dad Poor dad" and now thinks they are Andrew Carnegie from the tone of their rhetoric?
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Old 02-26-2019, 09:09 AM
 
5,097 posts, read 2,315,466 times
Reputation: 3338
Well you don't do it by letting millions of impoverished people into your country. That's fer damn sure.
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Old 02-26-2019, 09:14 AM
 
Location: the very edge of the continent
89,029 posts, read 44,840,107 times
Reputation: 13715
Quote:
Originally Posted by serger View Post
I said that total military spending exceeds 1 trillion, that was a correct statement.
No, it isn't. I posted a link to the Fed Gov's own spending spreadsheet.
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Old 02-26-2019, 09:18 AM
 
Location: the very edge of the continent
89,029 posts, read 44,840,107 times
Reputation: 13715
Quote:
Originally Posted by Neuling View Post
At least he is dead now. Apart from his anti-social tax behavior, he also was associated with the Nazis.
Irrelevant. He merely followed European countries' tax laws which let the wealthy evade FAR more in taxes than does the US.

That's why European countries' taxes on individuals have a REGRESSIVE Kakwani Progressivity Index rating, while the US does not.
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Old 02-26-2019, 09:21 AM
 
Location: the very edge of the continent
89,029 posts, read 44,840,107 times
Reputation: 13715
Quote:
Originally Posted by dman72 View Post
So none of the people who support progressive taxation or more robust social safety nets have any wealth of their own?
If they did, they'd be able to voluntarily fund the means-tested public assistance programs. Make them funded via voluntary donations and we'll see if society actually values them, as some allege.
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