red viking

If I had a multi-million dollar salary, I'd stash all of it away too. I actually do stash away what I can since I'm fortunate enough to be able to afford to do that. However, I don't live in a bubble and realize that not everybody has that luxury.

Yes; you said that in a subsequent post though, after I called you out. Duh.

Yes; I know the rich do it and avoid paying their taxes too. They are generally smart (and more so can hire smart tax accountants & attorneys) and will take advantage of every opportunity given to them, just like a pitbull on the pant leg of opportunity

There's some waste that goes on at EVERY level of government and also the private sector. Nobody is immune to it but, yes, the military waste is over the top so I agree that has to be reigned in severely. I'd actually take all the waste our of military paychecks.

I don't think there' much you can educate me on since you'll mostly repeat what you heard on Fox News but go ahead if you want.

Meanwhile, the vast majority of our waste is through our fat & bloated military but the hypocritical wingers never complain about that.

That's like a very old record skipping repeatedly. If we just "cut the fat" then the existing money will be plenty. OMG if I had a nickel for every time I heard that ridiculous statement I'd be a billionaire by now.

Wow. I just said it wasn't. Learn to read.

Obviously there are exceptions but what I said is basically true. They stash almost all of it away; at least the portion they don't spend on themselves and their maids.

It's a drop in the bucket compared to tax revenue. Even though our tax revenue needs to be MUCH higher after the rich pay their fair share.

It isn't nearly enough to take care of the poor. Not even remotely close.

What a dumb statement. Many people don't have the additional income to invest and are spending everything they have for a 2-bedroom apartment for their family of five and eating macaroni & cheese for dinner every night. Living in the bubble...it must be great.

...or maybe you're too dumb to realize that MANY marriages are mostly just transactional. So, joking or not, that is reality for many people.

Feel bad for you. I have a lot more to offer my partner than just money.

Not all all. that would be a disaster. The poor actually need their money and they spend it. The rich merely stash their money away and pass it on to their kids. Our tax system isn't progressive enough. Also, almost everybody does pay income tax even if it isn't called that, because they pay into social security and Medicare. Those are such huge portions of our federal budget that I'd actually say that you are LYING. NEVER ASSUME THAT A WINGER IS TELLING THE TRUTH

The uber-wealthy need to pay their fair share, which should be a MUCH higher % than the rich or middle class. It's that simple. They're making ALL of their money off of others and it does almost zero benefit to the economy to allow them to merely stash their cash, which is basically what they do.

You may want to make it clear who you're talking to

They pay other taxes though, so your statement is misleading.

While stricter immigration policy enforcement is something that's generally needed, now is NOT the time to start deporting undocumented workers. Unemployment is still extremely low so any deportation will merely cause more inflation. Wait for unemployment to go up before doing this, or even spending crazy money on a wall.

If Trump gets elected, I think you're going to see a perfect storm that will return us to the hyperinflation that he initiated in 2020. Most of the right-wingers are ignorant to this so let me lay it out for you: 1) Deport undocumented workers at a time when we are already at near-full employment. This will simply force employers to pay much more to attract workers for necessary (e.g. agricultural) work and ripple through the rest of the economy. Jacked up wages will simply be passed on to consumers. 2) Lower income taxes. Just like he did last time. Increases the deficit spending, which is basically money printing. 3) Jack up tariffs. The businesses will merely pass on the costs to consumers and other countries will also continue to jack up tariffs on us in retaliation. 4) He wants to exert more control over federal workers, such as the Fed Reserve Chairman. Most of us know that he was complaining during his last term about interest rates being too high so it's a fair bet that he'd like to get his own puppet in there and lower rates down to closer to zero.

That''s extremely simple math so yes, but the % should also be higher. Unbelievable that you are dismissive of that.

Some people are dumb enough to think that the VP just sits around and does crossword puzzles waiting for the President to die.

Yes, so there's zero excuse for the uber-rich to be paying a lower tax rate than the rich. YOu can't make this stuff up. It's absolutely crazy and proof that we are living in an age where we've gone off the cliff fiscally to the right.

Soaring like an eagle that symbolizes the liberty and strength that our great nation was founded upon. Our founding fathers would be proud today!

https://www.forbes.com/sites/taxnotes/2023/03/20/are-the-superrich-more-burdened-and-paying-the-highest-tax-rates/ As a group, the rich had 10.1 percent of total AGI and paid 20.4 percent of total federal individual income tax. Meanwhile, the superrich had 6.5 percent of total AGI and paid 12.3 percent of total federal income tax. The rich had an average AGI of $2.2 million with federal income tax equal to 27.5 percent of AGI, while the superrich had an average AGI of $31 million with an average tax rate that was 2 percentage points lower than that of the rich, that is, 25.5 percent. So even though federal income tax is progressive throughout most income levels, it turns out that it isn’t progressive at the highest level. This is illustrated in Figure 1.