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Old 08-03-2011, 03:26 PM
pll pll started this thread
 
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Matt Damon seems to think so. His reported net worth is $65 million and is currently paying 25% in taxes. I think it may be a good idea.

Matt Damon Rips Debt Deal, Republicans, Tea Party (VIDEO)
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Old 08-03-2011, 03:51 PM
 
Location: Blah
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Quote:
Originally Posted by pll View Post
Matt Damon seems to think so. His reported net worth is $65 million and is currently paying 25% in taxes. I think it may be a good idea.

Matt Damon Rips Debt Deal, Republicans, Tea Party (VIDEO)
I find it interesting how much people value the opinion of actors and comedians in modern America. Anyhow, of course he agrees with upping the tax on the wealthy, he has the means to shelter his money...like hopefully money out of the country : fingers crossed: seriously, the richer you get, the better take breaks. Remember Hank Paulson who cashed in 700 million in Goldmansacs and didn't have to pay taxes due to the amount?
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Old 08-03-2011, 04:09 PM
 
Location: Central Texas
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I am most interested in simplifying the tax code dramatically. Eliminate deductions and loopholes that wealthy are better equipped to take advantage of. Tax collections should increase, which might allow lower tax rates all around. And of course simplifying the tax code will shrink the size of the IRS and the entire tax return industry.

Oh - and although I like Damon's movies, I do not care in the least what he thinks about taxes.
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Old 08-03-2011, 04:14 PM
 
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im all for making a minimum tax as well on that 49% of america that pay no income taxes at all as well.

no one should live in this country and pay zero. even if its a minimum of .50 cents a day. i worked in one of the lowest income areas of nyc and see the locals daily with beer, lottery tickets, cell phones and smoking.
no one should pay zero.
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Old 08-03-2011, 04:15 PM
Status: "But in the aggregate..." (set 29 days ago)
 
Location: The Triad (NC)
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Originally Posted by pll View Post
Do you think we should increase the taxes of the rich?
Not much point to raising taxes on anyone else. Is there?
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Old 08-03-2011, 04:20 PM
 
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I think Matt Damon, and others like him, are full of BS when they say they think they should pay more tax. If they felt that strongly, they could always make a gift to the US Treasury to reduce the public debt. I have never heard any of them suggest such a voluntary gesture.
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Old 08-03-2011, 05:09 PM
 
Location: Physically or psychologically?
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Originally Posted by boystuition View Post
I think Matt Damon, and others like him, are full of BS when they say they think they should pay more tax. If they felt that strongly, they could always make a gift to the US Treasury to reduce the public debt. I have never heard any of them suggest such a voluntary gesture.

More people like Damon would probably write that check to the government if they could get a tax credit, or at least a deduction, for their effort.
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Old 08-03-2011, 05:20 PM
 
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A gift to the United States Treasury is actually deductible as a charitable contribution. Let's all get out our checkbooks, shall we
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Old 08-03-2011, 05:31 PM
 
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Do I get to decide what Matt Damon's "fair share" gets to be??
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Old 08-03-2011, 05:37 PM
 
28,900 posts, read 49,099,920 times
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Quote:
Originally Posted by pll View Post
Matt Damon seems to think so. His reported net worth is $65 million and is currently paying 25% in taxes. I think it may be a good idea.

Matt Damon Rips Debt Deal, Republicans, Tea Party (VIDEO)
What intelligent person would listen to an actor on any subject outside of acting?

I mean, seriously. If a famous economist such as Paul Krugman or Milton Friedman decided to opine on movies, would you devote more than a nanosecond of thoughts to his opinions? So why would you care about what an actor thinks about economics?

Listen to me, PLL. An actor is a person who lives in a fantasy world, a Rube Goldberg industry where nothing is made to last longer than the six-week release in theaters and the video sales the following year. He is an attractive man who has learned to mimic emotions in front of a camera. That is it. He is enabled by an entourage of Yes men and assorted handlers and enablers. His life is not based in the least in reality.

Just as importantly, Matt Damon has a small squad of CPAs who do nothing all day but think about how to play keepaway from the IRS. Offshore holdings, investments, you name it. So not only are you giving credence to an actor holding forth on economics, but you're listening to a man who, when it comes down to nut-cutting time, probably won't take his own medicine.

In that sense, what Matt Damon knows about public policy or economics would barely fit on the head of a pin. You might as well ask the cashier down at the grocery store what she thinks of tax policy. In fact, you might get a more intelligent answer, given how she's probably more attuned to the way the world really functions.

Yet credulous people like you actually give this man a bully pulpit, when the guy has absolutely no idea what he is talking about.

Why? Why do you let yourself be swayed by vapid nitwits?

Last edited by cpg35223; 08-03-2011 at 05:50 PM..
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