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Apr 20, 2024 09:33:29   #
Triple G
 
Blaster34 wrote:
So if the top 10% pay roughly 47% of all taxes, how do the 1%…or 5%, or 10% escape? By taking advantage of the myriad of legal loopholes Congress fails to close! Until there is a new tax system in place (Flat or Fair Tax), there will never be an equitable system in place, especially the current regressive and punishing tax system.


The House Fair Tax bill was a disaster. Hope they can cone up with a better plan.

https://www.forbes.com/sites/peterjreilly/2023/01/20/what-would-the-fair-tax-really-be-like-/?sh=1043b3ba63f2

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Apr 20, 2024 12:34:59   #
srg
 
dennis2146 wrote:
lil denny we have agreed several times. Or at least I have pointed out I agreed with you but you refused to understand and/or accept it. Thank you for agreeing this time but there would be far less friction between us if only you would pay attention to reading comprehension.

Dennis


Bucko (or is it Spanky) you and raQ are great at insults.
Even when not called for.
Did you learn that in prison?
Did raQ do time too?

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Apr 20, 2024 12:42:59   #
dennis2146 Loc: Eastern Idaho
 
srg wrote:
Bucko (or is it Spanky) you and raQ are great at insults.
Even when not called for.
Did you learn that in prison?
Did raQ do time too?


It is whatever I say it is in MY posts. That seems a pretty simple concept and yet it is you who is incapable of understanding the concept.

Trust me on this, I don't need your permission or definition of what is called for or not. I get to choose my words. You play no part in that decision.

Did I learn WHAT in prison? Are you talking about insults? To be quite honest in years of working with some of the worst criminals Colorado had to offer and knowing them pretty well, males and females, always in maximum security prisons, I look back and had more respect for those convicted felons than I have for any of you lying corrupt Left Wingers. I have NO respect for any of you.

I hope that was clear enough even you can understand my meaning. It is also not an insult. It is a simple fact.

Dennis

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Apr 20, 2024 13:11:36   #
Blaster34 Loc: Florida Treasure Coast
 
Triple G wrote:
The House Fair Tax bill was a disaster. Hope they can cone up with a better plan.

https://www.forbes.com/sites/peterjreilly/2023/01/20/what-would-the-fair-tax-really-be-like-/?sh=1043b3ba63f2



Anything is better than the current punitive and regressive system in place now....

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Apr 20, 2024 13:12:51   #
Triple G
 
Blaster34 wrote:
Anything is better than the current punitive and regressive system in place now....


I wouldn't say that. The adage of "be careful of what you wish for" comes to mind.

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Apr 20, 2024 14:39:46   #
BigOldArt Loc: Seminole, FL
 
dennis2146 wrote:
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.brookings.edu/articles/five-myths-about-the-47-percent/ But what about the 47% group who pay little to sometimes no federal and state income taxes? What is their fair share?

Dennis

Fees, Social Security, sales tax, property tax, etc.

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Apr 20, 2024 15:23:11   #
Blurryeyed Loc: NC Mountains.
 
Triple G wrote:
You lost it from the get go with your bs comment. You were all over the board talking about options instead of stock.


You're full of caca, when I mentioned options it was a bit of a misspeak as in the options you have when taking your stock compensation ie if you differ or not, options are a completely different thing and certainly not what you and I have been discussion throughout this thread. Plain and simple, you can not avoid income tax on stock based compensation other than charitable donations where that money actually does not come to you, you're the dummy here fighting a cause you lost out of the block.

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Apr 20, 2024 15:57:09   #
Triple G
 
Blurryeyed wrote:
You're full of caca, when I mentioned options it was a bit of a misspeak as in the options you have when taking your stock compensation ie if you differ or not, options are a completely different thing and certainly not what you and I have been discussion throughout this thread. Plain and simple, you can not avoid income tax on stock based compensation other than charitable donations where that money actually does not come to you, you're the dummy here fighting a cause you lost out of the block.
You're full of caca, when I mentioned options it w... (show quote)


You've figured out a way to slant everything I posted into a position statement that makes you happy. You are the one who brought in options, you are the one who argued against there being income tax avoidance in favor of capital gains and also the one who said there was NO way to avoid taxes. But there are many ways which I've proven. I'll take the win because you ended where I started. So, the meme is correct - rich people avoid income tax by getting compensation in the form of stock instead of salary. Correct! But, congrats on trying to save face.

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Apr 20, 2024 16:00:58   #
dennis2146 Loc: Eastern Idaho
 
BigOldArt wrote:
Fees, Social Security, sales tax, property tax, etc.


Yeah RIGHT...But we are talking about INCOME TAX aren't we? Got anything else? You did pretty piss poor that time.

The Left wants people to pay a FAIR share. Can we agree on that? So shouldn't every person in America pay SOMETHING in the way of income to help support this fine country? Even if the person is poor but makes $5000 per year can't that person pay 10%, pay SOMETHING if nothing else but they get to have every same privilege every other person in the country has. Surely that would be a fair share. But you on the Left Want the rich to pay far more than their fair share. You want the rich to pay most likely 90% of all the taxes collected while the rest of us who do pay our fair share every year will maintain the rest of the Tax and Spend money coming into the government.

Dennis

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Apr 20, 2024 17:29:11   #
RixPix Loc: Miami, Florida
 
dennis2146 wrote:
Yes I know. But the Left DOES continue going after Big Business regarding taxes doesn't it. THAT is my point. Do you not understand many if not ALL of the topics posted here will veer off the main path some much sooner than others. It happens all the time and every day. Not one stays on topic always. You do know this don't you?

Just today there was a topic I posted on Biden and one of the most lying corrupt Left Wingers known to this forum, CLOWN Boy lil tex decided to make a topic strictly about Biden more about President Trump. Maybe you saw it. The entire topic was ONLY Biden but so shallow is the thinking of the Left, that would be YOU, you cannot stick to the topic of Biden. For some reason the Left feels me pointing out negative comments about Biden cannot be rectified by simply pointing out positive comments about Biden. As there are NO positive comments to be brought up you the Left attack Trump instead.

What a fantastic way of pointing out I am right in my negative comments about POS Biden when there are no positive comments the Left can point out.

Dennis
Yes I know. But the Left DOES continue going afte... (show quote)


Denny, you have nothing to worry about. Tax shelters are for income levels that annually exceed your LIFETIME earnings.

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Apr 20, 2024 17:38:10   #
dennis2146 Loc: Eastern Idaho
 
RixPix wrote:
Denny, you have nothing to worry about. Tax shelters are for income levels that annually exceed your LIFETIME earnings.


Well little Ricki you may be correct on that idiotic assumption. And yet I still pay my fair share of income taxes and have since I started working full time at the age of 14. But how like you, a lying corrupt Left Winger who knows not a thing about me to ASSUME I have not made maybe more money than you ever dreamed of making in your lifetime. Besides the USMC, law enforcement and corrections I have also been a drug store manager and owned my own business for over 20 years. Truth is my little effeminate Spanky Bucket, you don't have a CLUE how much money I have made and are simply doing your best to be insulting while in the last or maybe the next dumb ass post you submit you will call me insulting. So goes the lying and corrupt manner of the Left. Congratulations on not only on not proving I am right but also on not disappointing me.

Got anything else to prove your inability to carry on a conversation. You know, just having a big mouth that runs constantly does not make you a good conversationalist. It only makes you a boor. Likely you are the poster child in that regard. Better you stick to something you know you can excel like being a FOOL.

Dennis

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Apr 20, 2024 20:53:35   #
Blurryeyed Loc: NC Mountains.
 
Triple G wrote:
You've figured out a way to slant everything I posted into a position statement that makes you happy. You are the one who brought in options, you are the one who argued against there being income tax avoidance in favor of capital gains and also the one who said there was NO way to avoid taxes. But there are many ways which I've proven. I'll take the win because you ended where I started. So, the meme is correct - rich people avoid income tax by getting compensation in the form of stock instead of salary. Correct! But, congrats on trying to save face.
You've figured out a way to slant everything I pos... (show quote)


You can't take the stock and not pay income taxes on it period. I am done arguing with you. Rich people can not avoid taxes by taking stock, you have proved nothing and the links that I provided explained that clearly. You have proven nothing other than your insatiable appetite to argue with anything I post.... The OP's meme is total bullshit propagated to influence democrat dummies.

You have a great day,

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Apr 20, 2024 21:17:07   #
Triple G
 
Blurryeyed wrote:
You can't take the stock and not pay income taxes on it period. I am done arguing with you. Rich people can not avoid taxes by taking stock, you have proved nothing and the links that I provided explained that clearly. You have proven nothing other than your insatiable appetite to argue with anything I post.... The OP's meme is total bullshit propagated to influence democrat dummies.

You have a great day,


I'm glad you are done. You didn't prove any of the things you say you have and aren't likely to, so it's best to quit.

It's been a lovely day and evening. Good night

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Apr 20, 2024 23:51:41   #
jcboy3
 
DennyT wrote:
For a change I agree. My choices for tax system are (1) FAIR tax (2) Flat tax in that order .


FAIR tax isn’t fair, FLAT tax isn’t flat.

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Apr 21, 2024 09:43:57   #
Blaster34 Loc: Florida Treasure Coast
 
jcboy3 wrote:
FAIR tax isn’t fair, FLAT tax isn’t flat.


But either one is far better than the totally complex, incomprehensible and unfair current system in place now. However, if you want to change the current code, eliminate ALL loopholes then reduce the effective tax rate on everyone and ensure ALL citizens pay federal income taxes. If they can tax Social Security, they can tax welfare, child support, workers comp, disaster relief payments and many others.

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