Baahaa if you think this will ultimately only be ‘millionaires’ affected then

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Apr 22, 2021
9:20:58pm

kotacoug Truly Addicted User

Baahaa if you think this will ultimately only be ‘millionaires’ affected then

Time to pull the head out of the sand

This message has been modified

Originally posted on Apr 22, 2021 at 9:20:58pm

Message modified by kotacoug on Apr 22, 2021 at 9:37:07pm

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kotacoug

Bio page: kotacoug
Joined: Jul 20, 2002
Last login: Apr 26, 2024
Total posts: 80,473 (4,682 FO)

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Messages

Author

Time

POLL: Do you want the capital gains tax rate to increase to 40%

dawgbite

4/22/21 8:46pm

I think all wages should be given to the government and redistributed. -CBlibs

CougCoug3

4/22/21 8:47pm

Wrong

stoils

4/22/21 9:08pm

And it's simply not right

2FarGone

4/22/21 8:48pm

It looks like one person didn't understand the question.

crack

4/22/21 8:53pm

Doesnt understand that everyone but politicians loses in this scenario.

panacablue

4/22/21 8:56pm

Economic killer on everybody. Government will just go and spend it on golfcarts

Chefcurry

4/22/21 8:53pm

I am confused why anyone thinks the government can do anything with money better

crack

4/22/21 8:55pm

Maybe they have a cushy goverment job

AZ Coug

4/22/21 9:04pm

<< Deleted >>

Buffalo

4/22/21 8:57pm

Terrible policy, but would give more incentive to companies to issue dividends

IUCougar

4/22/21 8:57pm

But growth usually means adding jobs and often times helps to drive up salaries. Cash flow will mean sticking money away

specsauce

4/22/21 9:00pm

50% of cb makes a million a year? I guess TNT has been right all these years.

kolob32

4/22/21 8:59pm

Even if you are not paying the TAX, it still affects you. Too bad libs don’t

stoils

4/22/21 9:15pm

Millionaires this time, then those making $250k then $160k. It's a slow boil we've seen before.

HuskerFan2

4/22/21 9:16pm

Baahaa if you think this will ultimately only be ‘millionaires’ affected then

kotacoug

4/22/21 9:20pm

From the BofM

geddylee

4/22/21 9:58pm

Awesome reference and great quote at the end!!!

dawgbite

4/22/21 10:16pm

20% was too much back then. Ugh. How anyone can support the government reach

crack

4/22/21 10:22pm

to clarify - he issued a 20% wealth tax (aka an asset tax). In the US our wealth tax is 0%.

HarlemCoug

4/22/21 11:24pm

A 20% wealth tax would be nothing compared to 15.3% payroll tax plus fed income tax. To say nothing of

mvtoro

4/23/21 2:53am

It's safe to assume that they already had an income tax (and probably other taxes). I've always read this passage to

HarlemCoug

4/23/21 8:02am

I don’t know why income tax is a safe assumption. True income taxation didn’t happen till 1799 in Britain as far as we

mvtoro

4/23/21 1:05pm

I'm still trying to recover from my guns being confiscated.

Kauai

4/22/21 11:59pm

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