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Old 07-30-2019, 11:42 AM
 
41,110 posts, read 25,730,963 times
Reputation: 13868

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Quote:
Originally Posted by hawkeye2009 View Post
They are "for" the middle class........................"for" destroying the middle class.


The middle class is a major impediment to the spread of socialism, thus it has always been a target of the left. It is not surprising that Clinton ushered in NAFTA and China trade policies, both of which have had a major negative impact on the middle class.


The dems need to destroy the middle class to consolidate power, and they are doing a damn good job if it .
I've always said this. The only two things standing in the way of socialism is Democracy and the middle class. Pick away at the middle class making them poor via more and more redistribution and encourage the people to look to the gov't to legislate their prosperity and you'll end up with socialism (misery).

Democrats break it then promise to fix it.
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Old 07-30-2019, 11:43 AM
 
8,142 posts, read 3,674,077 times
Reputation: 2718
Quote:
Originally Posted by InformedConsent View Post
You need a link to know that pensions and retirement accounts are invested in stocks, bonds, and derivatives? Really? Where do you think they're keeping that $28 trillion? Stuffed under a mattress?

No, it's invested in stocks, bonds, and derivatives, all of which would be taxed twice. Once when a certain stock, bond, or derivative was bought for the pension fund's or retirement account's investment portfolio, and then again when that investment is sold to provide liquidity for pension/retirement account payments/draws.



Lol. No, I need a link on the implementation (which does not exist at this stage). You can easily treat retirement investments differently from regular stock trading for tax purposes. The same way as you have different treatment for a 401k account and a brokerage account for instance.
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Old 07-30-2019, 11:45 AM
 
Location: OH->FL->NJ
17,004 posts, read 12,589,940 times
Reputation: 8923
Silly question: How much is paid
1) By employer for private health insurance
2) By employee for private health insurance
3) Paid in copays and deductibles
4) Just paid.

IE how much extra is paid under the plan?

Her plan does NOTHING about the cost end. Monopolies and oligopolies for the lose.
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Old 07-30-2019, 11:49 AM
 
8,142 posts, read 3,674,077 times
Reputation: 2718
Quote:
Originally Posted by InformedConsent View Post
Again, you're missing the point. There's not enough 1%-ers and they don't earn enough money to pay enough in taxes to fund health care for all 327 million people in the US. The middle class earns the bulk of the income, and therefore they'll have to pay the bulk of the tax revenue required to fund it.

No, you missed the point, again. It's all in them implementation. What would the new tax percentage be? Where are the cutoffs? In my example, currently a middle class family (100k) has a burden, equivalent to 18% tax. Don't you think that's rather high? What happens if you propagate this to 100 mil, lol?

Obviously, not saying that that's what it should be.
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Old 07-30-2019, 11:49 AM
 
41,110 posts, read 25,730,963 times
Reputation: 13868
Quote:
Originally Posted by Chowhound View Post
I'm annoyed at paying taxes for people that aren't even here legally. The amount of pandering that the Dem party is doing to the Hispanic crowd is nauseating. I know a Mexican guy and even he is starting wonder what is up with that.

It's like the Dem have just given up on the middle class white voters. They pander to everyone but white people.
During the Obama presidency they pandered to blacks, now replaced with pandering to illegals. What about getting down to work for all the American people.

Instead of trying to successfully do for the American people which could lead to gaining power, the Democrat plan is to hammer Trump and pander to illegals.
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Old 07-30-2019, 11:51 AM
 
41,110 posts, read 25,730,963 times
Reputation: 13868
Quote:
Originally Posted by serger View Post
No, you missed the point, again. It's all in them implementation. What would the new tax percentage be? Where are the cutoffs? In my example, currently a middle class family (100k) has a burden, equivalent to 18% tax. Don't you think that's rather high? What happens if you propagate this to 100 mil, lol?

Obviously, not saying that that's what it should be.
There are people making tax free income selling drugs. I wonder how well it would go over is gov't tried to take 18% of that money.
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Old 07-30-2019, 11:51 AM
 
Location: the very edge of the continent
89,006 posts, read 44,813,405 times
Reputation: 13707
Quote:
Originally Posted by serger View Post
Lol. No, I need a link on the implementation (which does not exist at this stage). You can easily treat retirement investments differently from regular stock trading for tax purposes. The same way as you have different treatment for a 401k account and a brokerage account for instance.
They all get traded by the same financial institutions from which the transaction tax will be collected. How do you propose pension/retirement account investment transactions be separated out? And what makes you think the Dems will keep their filthy paws off that $28 trillion worth of investments in pension/retirement accounts? All of the projections they've given for the tax revenue that would be generated from the transaction tax do not exclude that $28 trillion (and growing).
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Old 07-30-2019, 12:06 PM
 
Location: the very edge of the continent
89,006 posts, read 44,813,405 times
Reputation: 13707
Quote:
Originally Posted by serger View Post
No, you missed the point, again. It's all in them implementation. What would the new tax percentage be? Where are the cutoffs? In my example, currently a middle class family (100k) has a burden, equivalent to 18% tax. Don't you think that's rather high?
Depends on the size of your family. If there is any more than one person (you) in your family, you're getting a bargain as the per capita cost of health care is $11,000/person.

Quote:
What happens if you propagate this to 100 mil, lol?
Everyone will have to pay, especially the middle class, which earns the bulk of the income.

I see the basic math still eludes you... There's not enough 1%-ers and they don't earn enough money to pay enough in taxes to fund health care for all 327 million people in the US. The middle class earns the bulk of the income, and therefore they'll have to pay the bulk of the tax revenue required to fund it.
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Old 07-30-2019, 12:08 PM
 
8,142 posts, read 3,674,077 times
Reputation: 2718
Quote:
Originally Posted by InformedConsent View Post
They all get traded by the same financial institutions from which the transaction tax will be collected. How do you propose pension/retirement account investment transactions be separated out? And what makes you think the Dems will keep their filthy paws off that $28 trillion worth of investments in pension/retirement accounts? All of the projections they've given for the tax revenue that would be generated from the transaction tax do not exclude that $28 trillion (and growing).



So, you want to me write the code or what? That's not my job.


How are the dividends in 401k not taxable, but in a brokerage account taxable?
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Old 07-30-2019, 12:15 PM
 
8,142 posts, read 3,674,077 times
Reputation: 2718
Quote:
Originally Posted by InformedConsent View Post
Depends on the size of your family. If there is any more than one person (you) in your family, you're getting a bargain as the per capita cost of health care is $11,000/person.

Everyone will have to pay, especially the middle class, which earns the bulk of the income.

I see the basic math still eludes you...
There's not enough 1%-ers and they don't earn enough money to pay enough in taxes to fund health care for all 327 million people in the US. The middle class earns the bulk of the income, and therefore they'll have to pay the bulk of the tax revenue required to fund it.



Lol, first of all that's just premiums, but, let me get this straight, so you would like somebody with a 100k income to pay 44k a year (family of 4)? And then somebody with 100 mil should pay 44 mil, right? To have the same percentage burden.



Kindergarten math, do review.
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