You’re correct, Chipped, trying to get people to be honest is horrible. Poor defenseless billionaires should never be required to pay their fair share.
Baghdad Bok and his “slippery slope” conspiracy theories. Note he used the phrase Reagan did to damn himself and all Republicans that run for office following his lead. Elect them, and they will become the most terrifying people.
It’s shameful that not everyone can participate in the gains in profit/productivity.
✂
The first is that extreme wealth allows rich people to undermine democratic values, for example, through lobbying or massive campaign spending. An equal democratic playing field is also undermined if the super-rich have a much larger capacity to influence the creation of knowledge, information sharing and the shape of the public debate, which they do by setting up think tanks, establishing professorships at universities and buying up media outlets. In the US, the Koch brothers are a notorious case of billionaires distorting democracy, but the phenomenon can be found everywhere, albeit often at a smaller scale.
A second bad consequence is that higher levels of wealth do not contribute much to our well-being and flourishing, whereas much human suffering could be prevented if that same money was spent on the elimination of poverty or societal challenges. A clear statement of this argument has been made by the effective altruists, who argue that all of us who can afford to make donations should not only try to do good with that money but also use it in a way that is most effective in doing good and eliminating suffering.
Hey, Chip, we ordinary folk are already being drained in taxes so the billionaires can get a tax break. As Daeder says, so long as the uber rich pay their fair share, then I have no problem paying mine.
This is the verdict: Light has come into the world, but people loved darkness instead of light because their deeds were evil. Everyone who does evil hates the light, and will not come into the light for fear that their deeds will be exposed. But whoever lives by the truth comes into the light, so that it may be seen plainly that what they have done has been done in the sight of God.
Looking at the lying left wing, disinformational, propagandists tossing out that long debunked canard that the rich don’t pay taxes. So lets go around on this again. The top 1% rich, those making over $580,000 (about 20% of total income) pay about 40% of the Federal Income Taxes. On the extreme other hand, if one makes less than about $23,000 you actually get money back from the IRS. About 45% of all family households make too little to pay any taxes. Singles making $58,000 to $98,000 pay about 6.7% of the FIT. That’s just a thumbnail as the actual tax tables have a lot of differing categories based on income. But the above puts the lie to the claim that the rich don’t pay taxes or their ‘fair share’. Many, many links on this subject, here’s a couple:
Go ahead and leak my tax returns. You will die of boredom.
Unlike trump, and it would seem most maga’s, I understand that we all have to contribute to making our society strong and prosperous. My issues with taxation manifest when I discover that I paid more than the orange criminal that so many worship.
1040EZ here, don’t make enough to itemize. We were audited every year my Wife worked for FTB so you get in the habit of following every rule. Flat Tax everyone and put cheats out of business for good.
GTFO, Bok. Low and middle income Americans already know the wealthy cheat on their taxes and have high priced lawyers and accountants to protect them. Meanwhile, we dread any audits as well as the upcoming tax increases thanks to the 2017 GOP wealth tax cuts.
FIRST??? The number of audits on millionaires and billionaires FELL 72% from 2012 – 2021; in large part because of funding cuts at the IRS. It is cheaper to go after a bunch of lower income tax payers because they don’t have a team of lawyers and accountants to help hide their money.
And not before time, either. However even so, the billionaires will manage to avoid large sums of tax owed, due to loopholes the politicians are too timid to close up.
Daeder almost 3 years ago
As long as they take the billionaires, they can take me too.
I’ll gladly pay whatever percentage they want as long as the billionaires do too.
I’m so sick of the cultservative cry of “Oh, won’t somebody please think of the billionaires!??!”
RAGs almost 3 years ago
You’re correct, Chipped, trying to get people to be honest is horrible. Poor defenseless billionaires should never be required to pay their fair share.
Concretionist almost 3 years ago
What?? Oh, right Paynefully Bok.
Say What Now‽ Premium Member almost 3 years ago
Oh no! Those poor billionaires have been exposed for the parasites they are.
hermit48 almost 3 years ago
Cry me a river.
Radish the wordsmith almost 3 years ago
Right wing fantasy land, under Trump rich people were not inspected by the IRS.
Walter Kocker Premium Member almost 3 years ago
“First they came for the socialists, and I did not speak out—because I was not a socialist.
Then they came for the trade unionists, and I did not speak out— because I was not a trade unionist.
Then they came for the Jews, and I did not speak out—because I was not a . . . WAIT!"
LookingGlass Premium Member almost 3 years ago
Since Baghdad Bok is not a “billionaire,” what’s his issue???
/SHEESH/
Radish the wordsmith almost 3 years ago
Somebody has to pay for all of those republican tax cuts for billionaires.
apfelzra Premium Member almost 3 years ago
. . . and I didn’t give a @#$$%% because I am not, and never will be, a billionaire.
braindead Premium Member almost 3 years ago
Baghdad Bok and all the other Trump Disciples continue to fight like hell to keep billionaires from paying taxes.
Because analysis skills.
GiantShetlandPony almost 3 years ago
Oh, Pulease. If anyone saw my taxes, they’d wonder why I pay so much, when Billionaires pay little to nothing.
More pretending to be the victim when, in fact the Republicans are in bed with actual Nazis.
djtenltd almost 3 years ago
Maybe if they do start taxing the super rich, the national debt won’t be as high!
Masterskrain Premium Member almost 3 years ago
So, apparently Bonkers Bok thinks that having people ACTUALLY PAY THEIR FAIR SHARE OF TAXES is somehow bad…
Patjade almost 3 years ago
Baghdad Bok and his “slippery slope” conspiracy theories. Note he used the phrase Reagan did to damn himself and all Republicans that run for office following his lead. Elect them, and they will become the most terrifying people.
superposition almost 3 years ago
It’s shameful that not everyone can participate in the gains in profit/productivity.
✂
The first is that extreme wealth allows rich people to undermine democratic values, for example, through lobbying or massive campaign spending. An equal democratic playing field is also undermined if the super-rich have a much larger capacity to influence the creation of knowledge, information sharing and the shape of the public debate, which they do by setting up think tanks, establishing professorships at universities and buying up media outlets. In the US, the Koch brothers are a notorious case of billionaires distorting democracy, but the phenomenon can be found everywhere, albeit often at a smaller scale.
A second bad consequence is that higher levels of wealth do not contribute much to our well-being and flourishing, whereas much human suffering could be prevented if that same money was spent on the elimination of poverty or societal challenges. A clear statement of this argument has been made by the effective altruists, who argue that all of us who can afford to make donations should not only try to do good with that money but also use it in a way that is most effective in doing good and eliminating suffering.
✂
https://thecorrespondent.com/712/theres-no-such-thing-as-a-self-made-billionaire/901152214776-cf03048apreacherman almost 3 years ago
Hey, Chip, we ordinary folk are already being drained in taxes so the billionaires can get a tax break. As Daeder says, so long as the uber rich pay their fair share, then I have no problem paying mine.
Alberta Oil Premium Member almost 3 years ago
About time, all this privacy about taxes only serves the rich. It’s an open book for the working stiff in overalls.
piper_gilbert almost 3 years ago
Only the little people pay taxes. Vote Republican and protect the wealthy.
MuddyUSA Premium Member almost 3 years ago
Guy: oh hell, I thought you were the plumber I called to fix my leak?
davidthoms1 almost 3 years ago
First they came for the blatant cheaters who don’t contribute their fair share.
ChristopherBurns almost 3 years ago
Who is leaking tax returns?
DrPawl almost 3 years ago
Bok’s words do not so much evoke as parody those of Martin Niemöller. Consider:
https://encyclopedia.ushmm.org/content/en/article/martin-niemoeller-first-they-came-for-the-socialists
Speaking out for the weak and unconnected at personal risk to oneself makes a hero. Speaking out for the powerful and influential makes a toady.
DrPawl almost 3 years ago
John 3: 19-21
This is the verdict: Light has come into the world, but people loved darkness instead of light because their deeds were evil. Everyone who does evil hates the light, and will not come into the light for fear that their deeds will be exposed. But whoever lives by the truth comes into the light, so that it may be seen plainly that what they have done has been done in the sight of God.
evanmarhews almost 3 years ago
yeah Chip! They are coming for you !!
dyerjames944 almost 3 years ago
The Billionaires got the Gold Mine, and I got the SHAFT!
DrDon1 almost 3 years ago
Bok — Ever the Champion for the Uber Wealthy!
ferddo almost 3 years ago
Thanks for reminding us that Trump, despite vows to the contrary, never divulged his tax returns – acting like he has a lot to hide…
jhayesd31 almost 3 years ago
Leaked Tax Returns?
OH THE HUMANITY
Kracklin Rosie - “Tolo Dan Nan Galad” Premium Member almost 3 years ago
Looking at the lying left wing, disinformational, propagandists tossing out that long debunked canard that the rich don’t pay taxes. So lets go around on this again. The top 1% rich, those making over $580,000 (about 20% of total income) pay about 40% of the Federal Income Taxes. On the extreme other hand, if one makes less than about $23,000 you actually get money back from the IRS. About 45% of all family households make too little to pay any taxes. Singles making $58,000 to $98,000 pay about 6.7% of the FIT. That’s just a thumbnail as the actual tax tables have a lot of differing categories based on income. But the above puts the lie to the claim that the rich don’t pay taxes or their ‘fair share’. Many, many links on this subject, here’s a couple:
https://howmuch.net/articles/high-income-americans-pay-majority-of-federal-taxes
https://money.com/how-much-we-pay-in-taxes/
rs0204 Premium Member almost 3 years ago
Go ahead and leak my tax returns. You will die of boredom.
Unlike trump, and it would seem most maga’s, I understand that we all have to contribute to making our society strong and prosperous. My issues with taxation manifest when I discover that I paid more than the orange criminal that so many worship.
Ammo is on a break Premium Member almost 3 years ago
1040EZ here, don’t make enough to itemize. We were audited every year my Wife worked for FTB so you get in the habit of following every rule. Flat Tax everyone and put cheats out of business for good.
ndblackirish97 almost 3 years ago
GTFO, Bok. Low and middle income Americans already know the wealthy cheat on their taxes and have high priced lawyers and accountants to protect them. Meanwhile, we dread any audits as well as the upcoming tax increases thanks to the 2017 GOP wealth tax cuts.
XtopherSD almost 3 years ago
Bok is such a shill.
opsono almost 3 years ago
If only, but no, they haven’t come yet.
Nantucket Premium Member almost 3 years ago
FIRST??? The number of audits on millionaires and billionaires FELL 72% from 2012 – 2021; in large part because of funding cuts at the IRS. It is cheaper to go after a bunch of lower income tax payers because they don’t have a team of lawyers and accountants to help hide their money.
https://www.accountingtoday.com/news/irs-audits-of-millionaires-plunged-72-in-8-years
https://www.google.com/amp/s/www.propublica.org/article/how-the-irs-was-gutted/amp
Minority areas targeted by IRS.
https://www.theroot.com/racism-by-the-numbers-how-the-internal-revenue-service-1833953342
grumpypophobart almost 3 years ago
And not before time, either. However even so, the billionaires will manage to avoid large sums of tax owed, due to loopholes the politicians are too timid to close up.
IDEALeducation almost 3 years ago
I think it is supposed to read, “FINALLY, they came for the billionaires.”
Radish the wordsmith almost 3 years ago
Republican tax avoidance is turning into Greece.
Reagan taxed my social security to pay rich people.
I pay more taxes than Bezos.