Home Forums Hunting & Shooting Hunter's Campfire A clear picture of how little the wealthy pay in taxes.

Wealth growth is not taxable moron

This is directed at Charlie

There would be a lot of resistance.

The problem has long been SPENDING. Politicians steal from the productive to buy power for themselves. It’s impossible to make people prosperous, but you can help them to become productive so they can make themselves prosperous. When government gives away money, it devalues work, and as we have seen, money itself, yielding inflation. As others have shown, the wealthy don’t have enough money or assets to bail us out of this sh*tpile. Only limiting spending, combined with increased productivity, can do that. Even SuckAzzChuck can see that, but his job is stirring the pot. May his boyfriend give him a painful rash where the sun doesn’t shine.

The Norwegians used to have a cure for accumulating familial wealth.

At death they piled it on a boat with your body, and sent it out to sea in flames. Too bad for the wives and concubines that they were considered property.

What would happen if you took billions away from the rich and gave it to the poor?

Five-10 years later most of the poor would be poor again and the rich would have most of it back.

I haven’t read any of this thread, only the title. I just want to take a moment to tell SA that he is a dumbfuk. Half of the people in this country don’t pay a federal income tax. Where is there fair share? Idiot.

As a former President once said...

"Worship the Wealthy if you want to stay healthy!"

How far does it go? What is a good balance?

You do know that Musk's salary at Tesla is $1 a year. It is also $1 at SpaceX. He recently had to pay capital gains taxes in the form of SEVERAL Billion dollars from his Stock Options. Income tax is not the only tax. Tesla stock went sky high and thus he has to pay a capital gains tax on his profits. He also lives at Boca Chica, Texas in a 20' x 20' house because he pours all his money into his new Mars rocket. He believes we should colonize Mars to keep some humans free from possible killer pandemics, nuclear wars, or a giant asteroid hitting earth. He is putting his money where his mouth is.

Bezo's on the other hand in my opinion is a jerk. He sued NASA recently for not giving him an award that they gave to SpaceX which was the lowest bidder by half. He lost, but wasted 6 months of NASA's time. He doesn't have an ORBITAL rocket only a sub-orbital hop up and parachute back down. SpaceX has launched over 100 orbital rockets launching satellites as well as NASA astronauts to the ISS. Anyway, for Bezo's it is all about him. Musk is more shy and humble.

Not so simple;
"Elon Musk is officially richer than Warren Buffett, according to the Bloomberg Billionaires Index ranking of the wealthiest people in the world.

Top corporate executives like Musk often receive most (or even all) of their compensation in the form of potentially illiquid stock or options in the companies they lead, rather than in cash.

The discrepancy comes from the pay being calculated in accordance with Securities and Exchange Commission rules on CEO-compensation reporting, as opposed to the actual value realized by executives in any given year."

https://www.businessinsider.com/elon-musk-tesla-compensation-explanation-2019-6?amp

Unlike you, you sorry POS....THEY provide MILLIONS OF JOBS!!

If that anger is directed at me, you missed the point.

OK, Gentlemen, here is my tax plan. Every year when you do you Federal and State income taxes (not all states have this), there is a form to fill out where you designate a percentage of your tax money to fund things. Like 10% to the military, and 10% to infrastructure and on and on. When you designate 100% you are through for that year. Any thing not funded goes away. Does not change what you pay, just how it is spent. I think this would soon make for smaller Government and less waste. With the computers available should not be a problem to do. miles

Libs - and gov't - can never figure that out...

A federal sales tax on everything bought, sold or imported into the country without any loop holes for the rich or poor.

This is something that the neosocialists do not comprehend. While the corporation may pay no or close to no corporate tax, their existence generates trillions in a litany of trickle down taxes. Tax the corporations out of competitiveness and those trillions evaporate.

Trumps tax policies not only made US corporation more competitive on the international market, he created record number of tax paying jobs in every socioeconomic sector.

All Biden had to do was show of for work, do nothing, and he would have been a hero. So much for that course.

It wasn’t!

In a nutshell

Any system of taxation that gets rid of the IRS would be a major and wonderful blow to the thugocracy.

A clear picture of how little you know!