U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old Yesterday, 10:26 PM
 
39,484 posts, read 20,670,803 times
Reputation: 12912

Advertisements

Quote:
Originally Posted by workingclasshero View Post
am I getting taxed on it....does it throw me into a higher tax bracket

and taxing the top 20 of the S&P would only raise 900 billion

giving 1000/month (12000/year) to every 18+ in America would cost 3 trillion.....

you math was weighed, and comes in wanting
I wonder if people realize that it could cause some people to lose their Obamacare subsidies.
Reply With Quote Quick reply to this message

 
Old Yesterday, 10:28 PM
 
39,484 posts, read 20,670,803 times
Reputation: 12912
Quote:
Originally Posted by NorCal77 View Post
The people in this thread paid more in taxes last year than Amazon. How ludicrous is that?
Yep, that liberal.
Reply With Quote Quick reply to this message
 
Old Yesterday, 10:28 PM
 
7,802 posts, read 2,775,886 times
Reputation: 3074
Quote:
Originally Posted by petch751 View Post
I wonder if people realize that it could cause some people to lose their Obamacare subsidies.
When was the established? I have not seen Sanders plan., Apparently you have and can educate us on this circumstance.
Reply With Quote Quick reply to this message
 
Old Yesterday, 10:30 PM
 
18,844 posts, read 20,809,442 times
Reputation: 27799
Give it to my local animal shelter.
Reply With Quote Quick reply to this message
 
Old Yesterday, 10:33 PM
 
609 posts, read 486,943 times
Reputation: 195
Quote:
Originally Posted by petch751 View Post
Yep, that liberal.
He's more of a .00000001%er than a 1%er or liberal.
Reply With Quote Quick reply to this message
 
Old Yesterday, 10:34 PM
 
Location: Heart of Arabia (No, not Dearborn)
1,452 posts, read 505,183 times
Reputation: 2048
Quote:
Originally Posted by NorCal77 View Post
If this money was to be shaved off the top 20 S&P and you got $1000/month to do with as you please what would you do with it?
Since I'm middle class, I would use it to pay my higher tax bill. Hopefully it is enough.
Reply With Quote Quick reply to this message
 
Old Yesterday, 10:43 PM
 
Location: Seattle
1,531 posts, read 324,534 times
Reputation: 1495
Donate it to charity. I already live comfortably.
Reply With Quote Quick reply to this message
 
Old Yesterday, 11:34 PM
 
Location: North Central Florida
5,149 posts, read 6,254,436 times
Reputation: 2997
Quote:
Originally Posted by snebarekim View Post
Since I'm middle class, I would use it to pay my higher tax bill. Hopefully it is enough.
Beat me to it.

Was gonna say, get thrown into a higher tax bracket.

Anytime a socialist says they're going to give you something up front, you'll always end up losing even more on the backside.

I'm not too concerned about it. It isn't going to happen anyway.


CN
Reply With Quote Quick reply to this message
 
Old Today, 06:49 AM
 
2,156 posts, read 3,908,895 times
Reputation: 2626
Quote:
Originally Posted by NorCal77 View Post
People that take the $1000 will have to give up food stamps and welfare. Half Americans are getting variations of help and don't want to be told where to spend their welfare money. The real numbers would be around $1,8T. Entire economy is around $20T Fed budget around $4T. This money goes right back into the economy as a stimulus and tax revenue. People will reinvest it, pay for gas, food, daycare, school, etc.. As a result less money will be spent on crime and prisons, mental health, homeless,etc.. Many moms will have a chance to raise their kids rather than daycares which will result in a more stable society. Think of it as a Social Security from tech companies. Also there will be a lot of unforeseen assistance stopped if people are getting $1000 a month.


While this is a very progressive measure rather than giving to the 1% it's a chance to take back from the 1%. 57% of Americans not being able to afford a $500 bill is insane. I don't trust the govt to create jobs. They are however good at taxing companies and issuing checks.
A single parent with 2 kids receives up to $20,000-40,000 in benefits a year depending on state. Those on SSI receive, on average, $1500 per month. Are you saying a single parent is going to be able to live on $12,000 (kids not eligible for UBI)? Or that many retirees are going to see a 30-70% reduction in benefits and be ok?


That's not even addressing the fantasy that the recipients will pay rent, bills, and food for the family first.
Reply With Quote Quick reply to this message
 
Old Today, 07:31 AM
 
Location: Jacksonville, FL
7,267 posts, read 7,904,509 times
Reputation: 5870
Use it to offset the drastic rise in COL that would result from the economic stupidity.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top