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None of those men could have put their products on the market without their employees. I do not begrudge wealth to anyone who does amazing things, but no product or idea ever gets anywhere without the labor of many others, and they deserve a fair share of that wealth, aka, a living wage.
Which is exactly why I questioned this
Quote:
Originally Posted by theunbrainwashed
It doesn't make any sense. These Republicans would defend the rich keeping their money to themselves,
I've never heard of a billionaire who didnt pump billions upon billions into the economy keeping it all to themself. They have hundreds of thousands of employees for starters
Yup, a tax cut that gives something like 80 percent of the benefit to to those with income over 500k is def the one for the party of the workers. Check what those cuts do down the road when many of he cuts are phased out too.
math must have been a very poor subject for you in school.
The Republicans are still playing the trickle down game. Everybody knows it doesn’t work....
The left keeps whining trickle down doesnt work while they support economic theories that actually say it does. For example, taking money from the rich by way of taxes, then using it for things like welfare, increase the standards for those living in poverty, is actually trickle down..
You just dont like it when people point this out..
You really believe this? Median home prices in LA , NYC , San Francisco, DC, and Seatle are at least 500,000
And people in those areas are rather rich by nations standards. They are being subsidized by the rest of the nation through reduced taxes.. Now you support the rich, but only those rich who live in these selected areas?
We're discussing income taxes.. and you know that..
Paying money to the finance sector is not taxes...
I know you are and was well aware of that.
It has been said Corporations pass the taxes onto the consumers.
So consumers are the ones paying those taxes.
Corporations also pass the costs for profits to shareholders onto consumers.
So consumers are also the ones propping up the finance sector.
I keep hearing about these rich people that became rich by keeping the money to themselves. How exactly do they do this?
If you got this part wrong, there is no need to even continue on with your nonsense...
The rich use off-shore tax havens to shelter their money from taxation, like the Bank of Cyprus. The recent release of the Paradise Papers "reveals offshore interests and activities of more than 120 politicians and world leaders, including Queen Elizabeth II, and 13 advisers, major donors and members of U.S. President Donald J. Trump's administration."
The Paradise Papers is a set of 13.4 million confidential electronic documents relating to offshore investments that were recently leaked to a German newspaper. They contain the names of more than 120,000 people and companies.
We don't. That's just a straw man that you made up so that you could maintain a feeling of moral superiority. He actually doesn't exist at all.
^^^^^THIS^^^^^^
Love to see billionaires paying higher taxes on that is actually money earned by working Americans.
If they paid more in taxes, they would have less money to bribe politicians into allowing in immigrants and guest workers that force down prevailing wages and supporting free trade with low-wage nations.
Google income tax and then sales tax. It will teach you the difference since you don't know.
As I explained to PGHQUEST, I was not talking about sales taxes.
It has already been said many times, that business pass the taxes onto consumers.
So consumers are the ones paying all the taxes.
It can also be deduced, from the above case, that the consumer is also paying for all the profits to the finance sector and upper management.
Now one may think, why would consumers not be ok with cutting taxes then?
Because if taxes are cut, the business is still going to charge the customer the same amount since the market can afford it. They will send the excess to upper management and the finance sector.
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