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Comments (10) (Please sign in to comment)
jfromlrgo said, 7 months ago
F) Only if the caddy is stupid enough to declare the “full” amount to the IRS. When I delivered furniture I never got a tip as far as the IRS was concerned.
Night-Gaunt49 said, 7 months ago
The Super Rich are those that want not just 90% of the wealth, they want 100% of the political and military power too.
dtroutma
said, 7 months ago
Been using this comparison for a long time, but of course only “dividends” are actually taxed at all, RIght?? Oh but the “double down” dummies “buy” it.
underwriter said, 7 months ago
@jfromlrgo
That would work for someone who delivers furniture. Nowadays, “tipped employees” are taxed on 108% of income to allow for unreported tips.
momsaid said, 7 months ago
The ‘Double Taxation’ is for one’s own money, not what you pay someone else. Dividends are returns on investing YOUR OWN MONEY. Not every investment brings a return…many folks lose money on them. This cartoon is bogus.
Soylent Grin said, 7 months ago
@momsaid
You might want to check your IRS forms again. You aren’t taxed on losses. They’re called capital GAINS taxes.
The cartoon is spot on, which is kind of a sad commentary in itself. We can’t get truth from our news outlets, we have to go to the comics and comedians.
tecumseh18 said, 7 months ago
monsaid, you’re confusing the argument against taxing dividends with the argument against taxing capital gains. No serious person has a problem with taxing dividends, or interest received on loans or bank deposits for that matter. They all involve investing YOUR OWN MONEY. Why not tax someone in the money-lending business?
Anyway, the real double taxation issue is whether corporate profits AND dividends should be taxed. I’ve heard even left-wingers argue against corporate profits tax, but in favor of attributing corporate income to shareholders regardless of whether or not a dividend is paid.
kapock said, 7 months ago
@momsaid
By Jove, @momsaid’s right! The plumber invested his own money to set up his business, but the resulting income also depends on his hard work. Since there’s labor, it’s not double taxation.
The shareholder’s income is just money making money, no yucky labor at all, so it deserves to be tax free. It’s all so simple once you realize the most important thing is to shft the tax burden from those with money to those who work!
ronald rini
said, 7 months ago
lot of liberals If I own a business I report the profit to the irs and they tax it when I take it home thats it no more taxes on that profit. when you own stock you own the company and they have paid taxes on the profit and what is left is giving to the owners and then they are taxed on it again double taxes period. If you people get you head out of you butt you would see that. Not all rich people own stock a lot of retirement funds and retired people own stock and they are not rich just did not buy that 50 inch tv or ate out every day and saved some money ruben good job but some of these people can see but are blind.
omwae said, 7 months ago
A. and rides home peacefully on public transit,
subsidized by……
B. who stores his new tools in his new slide-out van,
financed by….
C. who dusts off his business license, SBA Loan
guaranteed by….
D. and drives home on the paved & maintained roadway,
paid for by…
E. who donates a new child care center to the inner city,
underwritten by …..
F. — HOW ABOUT I JUST SEND YOU A BILL FOR ALL THE FREEBIES AND $$$ MY RESEARCH HAS GARNERED SO MANY PEOPLE WHO HAVE ACCESS TO FREE GOVERNMENT BACKED – EASILY HACKED PUBLIC COMPUTERS.
(wow. it was tough to come up for a defense for that!!)
giggle