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

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Apr 22, 2021
10:22:14pm

crack All-American

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

that is going on the past decade or so is beyond me.

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crack

Bio page: crack
Joined: Nov 17, 2005
Last login: Apr 25, 2024
Total posts: 42,305 (118 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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