DC Council votes to raise taxes on the “rich”

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Doesn’t go nearly far enough. The income threshold is far too low, and the increase is pathetically inadequate.

It should kick in at $150k for singles, and $225k for couples filing jointly. And it should be a minimum of $6k/yr to start, and scale up rapidly from there.


This. OP is just like everyone else who pretends to be a liberal until it affects them.


If your HHI is over $225,000, you ARE “the rich”.

Start paying your fair share, greedy bastards.


Lol. $225k is a pittance compared to what the truly wealthy make. That’s like when my 8 year old is in awe of her teenaged cousin’s paycheck from her summer job.


So? What’s your point? Tax them, too.

Tax the snot out of everyone making more than mid-$200’s. Then you get all of them. The wealthy AND the mere rich making a pittance of what the wealthy make.


These lines are all completely arbitrary. No one is more virtuous than anyone else. Define pittance.


Yep. Why mid $200s? Why not $175k?



That works for me. Done.


Maybe it should be $100k? They have tons more money than people making minimum wage.



Agree 100%. No argument from me on that. Everyone should be paying a lot more, unless you’re at the very bottom, in which case, all those increased taxes on everyone else should be supplementing you.

This is how we achieve an egalitarian society. By taking the excess wealth of some, and sharing it with others. The closer we get to income commonality, the less income disparity we have, and we achieve economic justice for everyone.

Four legs good. Two legs bad.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I wonder why Tony Williams, our best Mayor ever, would be against this tax? Hmm.


Because it’s money out of his pocket, and rich people don’t pay their fair share.

Too bad. Pay up.


Most rich people in fact do pay their fair share. That’s who the taxes come from now. Flat tax. 25% total from all.


The share of reported income earned by the top 1 percent of taxpayers fell slightly, to 20.9 percent in 2018 from 21 percent in 2017. Their share of federal individual income taxes rose by 1.6 percentage points to 40.1 percent.

Since 2001, the share of federal income taxes paid by the top 1 percent increased from 33.2 percent to a new high of 40.1 percent in 2018.

In 2018, the top 50 percent of all taxpayers paid 97.1 percent of all individual income taxes, while the bottom 50 percent paid the remaining 2.9 percent.

The top 1 percent paid a greater share of individual income taxes (40.1 percent) than the bottom 90 percent combined (28.6 percent).

The top 1 percent of taxpayers paid a 25.4 percent average individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.4 percent).



First, those figures are highly suspect.

Secondly, if you earn a half million dollars a year and paid 40% of it taxes, you’re still clearing $275k a year after taxes. Compare that to someone making $35k a year, who might keep $25k after taxes.

See the problem now?


The person making $35k should not only pay zero in taxes, but should get an income supplement to bring them up to maybe $60k. And the person making $500k should be taxed to the point where they keep maybe $80-$90k after taxes. So they still earn more, but not vastly more, than others. This is how you eliminate wealth disparity in a society.

This sounds like something my 12 year old would come up with.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I wonder why Tony Williams, our best Mayor ever, would be against this tax? Hmm.


Because it’s money out of his pocket, and rich people don’t pay their fair share.

Too bad. Pay up.


Most rich people in fact do pay their fair share. That’s who the taxes come from now. Flat tax. 25% total from all.


The share of reported income earned by the top 1 percent of taxpayers fell slightly, to 20.9 percent in 2018 from 21 percent in 2017. Their share of federal individual income taxes rose by 1.6 percentage points to 40.1 percent.

Since 2001, the share of federal income taxes paid by the top 1 percent increased from 33.2 percent to a new high of 40.1 percent in 2018.

In 2018, the top 50 percent of all taxpayers paid 97.1 percent of all individual income taxes, while the bottom 50 percent paid the remaining 2.9 percent.

The top 1 percent paid a greater share of individual income taxes (40.1 percent) than the bottom 90 percent combined (28.6 percent).

The top 1 percent of taxpayers paid a 25.4 percent average individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.4 percent).



First, those figures are highly suspect.

Secondly, if you earn a half million dollars a year and paid 40% of it taxes, you’re still clearing $275k a year after taxes. Compare that to someone making $35k a year, who might keep $25k after taxes.

See the problem now?


The person making $35k should not only pay zero in taxes, but should get an income supplement to bring them up to maybe $60k. And the person making $500k should be taxed to the point where they keep maybe $80-$90k after taxes. So they still earn more, but not vastly more, than others. This is how you eliminate wealth disparity in a society.


No, I don’t see the problem, and also you’re wrong that someone making $35k/yr is is paying that much in tax.

But anyway if you tax me that heavily I’m going to quit my high income job. It’s barely worth it at my current tax rate.



So? Quit your job. Who cares? Someone else, hopefully a BIPOC, will replace you. Win-win. If you want to act spitefully because you just can’t bear to help people with less privilege than you, than good riddance.


You don’t know anything about anything the persons race, how much they do for others, their level of “privilege” NOTHING and yet you post as such. You are the unwise and your pig headed prejudice is exactly what we need less of in the world.

So true. Why did that poster just assume that someone earning a high income is a white? Talk about racism!

Because virtue signaling is a Tourette's-like response for the woke.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I wonder why Tony Williams, our best Mayor ever, would be against this tax? Hmm.


Because it’s money out of his pocket, and rich people don’t pay their fair share.

Too bad. Pay up.


Most rich people in fact do pay their fair share. That’s who the taxes come from now. Flat tax. 25% total from all.


The share of reported income earned by the top 1 percent of taxpayers fell slightly, to 20.9 percent in 2018 from 21 percent in 2017. Their share of federal individual income taxes rose by 1.6 percentage points to 40.1 percent.

Since 2001, the share of federal income taxes paid by the top 1 percent increased from 33.2 percent to a new high of 40.1 percent in 2018.

In 2018, the top 50 percent of all taxpayers paid 97.1 percent of all individual income taxes, while the bottom 50 percent paid the remaining 2.9 percent.

The top 1 percent paid a greater share of individual income taxes (40.1 percent) than the bottom 90 percent combined (28.6 percent).

The top 1 percent of taxpayers paid a 25.4 percent average individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.4 percent).



First, those figures are highly suspect.

Secondly, if you earn a half million dollars a year and paid 40% of it taxes, you’re still clearing $275k a year after taxes. Compare that to someone making $35k a year, who might keep $25k after taxes.

See the problem now?


The person making $35k should not only pay zero in taxes, but should get an income supplement to bring them up to maybe $60k. And the person making $500k should be taxed to the point where they keep maybe $80-$90k after taxes. So they still earn more, but not vastly more, than others. This is how you eliminate wealth disparity in a society.

No way. You'll kill any incentive for the $35K earner to acquire job skills and become a more valuable member of society. Right now, a friend's sister is earning exactly that - $35,000 - working some low-level job, and she is enrolled in a certificate program at the community college with the hope that when she comes out she can get a job earning at least $50,000. Why would she bother if the leftists are just going to give her money to bring her up to a $60,000 level?

Also, you really think we should take high school grads earning $35K, and MBAs who are VP's of corporations earing $500,000 - and "equitize" them to the point that only $20,000 a year separates them? I worked a very difficult corporate job making $120,000 - working until 7 pm or 8 pm when required (which was often), as well as weekends - with all types of deadlines and stress, and you think that I should end up with only $20,000 a year more than the admin who did relatively simple work and went home right at 5 pm without a work worry? You'll kill it on both ends: the low earners won't have the incentive to better themselves, and the high earners putting in 90 hours a week at high-skilled jobs will figure "why put in all this time and effort when I barely end up living better than the secretary"?




Found the republican trump-scum!!!


No one cares what you think. Your time is over.

Huh? A poster points out the negative consequences to the socialist wish put forth by another poster that we "equalize" the earnings a low-level $35,000 with a high school degree who leaves at 5 pm every night and a high-earning professional putting in 90 hours a week, and all you can come up with is a one-line insult about "scum"? Not everyone who disagrees with far-left goals (like equalizing incomes of minimally skilled and educated people with highly skilled and educated people) is scum. And the fact that you had to revert to a nasty little insult tells me that you couldn't argue the point.

So I'll repeat: if you redistribute people's money so that high school graduates with low-level job skills and highly educated professionals with advanced skills "earn" approximately the same, the high school graduate will have no interest in bettering herself and the corporate executive won't want all the grief and stress and end up with only slightly more than a HS grad.


And in the long run we will never know what we missed out on because truly exceptional people won’t raise the effort to make many types of advancements. NOT ALL. I understand somethings don’t involve monetary incentives but many still do and you can say good bye to those. I think that is a terrible trade.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Doesn’t go nearly far enough. The income threshold is far too low, and the increase is pathetically inadequate.

It should kick in at $150k for singles, and $225k for couples filing jointly. And it should be a minimum of $6k/yr to start, and scale up rapidly from there.


This. OP is just like everyone else who pretends to be a liberal until it affects them.


If your HHI is over $225,000, you ARE “the rich”.

Start paying your fair share, greedy bastards.


Lol. $225k is a pittance compared to what the truly wealthy make. That’s like when my 8 year old is in awe of her teenaged cousin’s paycheck from her summer job.


So? What’s your point? Tax them, too.

Tax the snot out of everyone making more than mid-$200’s. Then you get all of them. The wealthy AND the mere rich making a pittance of what the wealthy make.


These lines are all completely arbitrary. No one is more virtuous than anyone else. Define pittance.


Yep. Why mid $200s? Why not $175k?



That works for me. Done.


Maybe it should be $100k? They have tons more money than people making minimum wage.



Agree 100%. No argument from me on that. Everyone should be paying a lot more, unless you’re at the very bottom, in which case, all those increased taxes on everyone else should be supplementing you.

This is how we achieve an egalitarian society. By taking the excess wealth of some, and sharing it with others. The closer we get to income commonality, the less income disparity we have, and we achieve economic justice for everyone.

Four legs good. Two legs bad.


For sitting still but now for walking or moving. The evolutionary benefits to humans of standing and moving on two legs have been profound.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Doesn’t go nearly far enough. The income threshold is far too low, and the increase is pathetically inadequate.

It should kick in at $150k for singles, and $225k for couples filing jointly. And it should be a minimum of $6k/yr to start, and scale up rapidly from there.


This. OP is just like everyone else who pretends to be a liberal until it affects them.


If your HHI is over $225,000, you ARE “the rich”.

Start paying your fair share, greedy bastards.


Lol. $225k is a pittance compared to what the truly wealthy make. That’s like when my 8 year old is in awe of her teenaged cousin’s paycheck from her summer job.


So? What’s your point? Tax them, too.

Tax the snot out of everyone making more than mid-$200’s. Then you get all of them. The wealthy AND the mere rich making a pittance of what the wealthy make.


These lines are all completely arbitrary. No one is more virtuous than anyone else. Define pittance.


Yep. Why mid $200s? Why not $175k?



That works for me. Done.


Maybe it should be $100k? They have tons more money than people making minimum wage.



Agree 100%. No argument from me on that. Everyone should be paying a lot more, unless you’re at the very bottom, in which case, all those increased taxes on everyone else should be supplementing you.

This is how we achieve an egalitarian society. By taking the excess wealth of some, and sharing it with others. The closer we get to income commonality, the less income disparity we have, and we achieve economic justice for everyone.

Four legs good. Two legs bad.


For sitting still but now for walking or moving. The evolutionary benefits to humans of standing and moving on two legs have been profound.



Woosh.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Doesn’t go nearly far enough. The income threshold is far too low, and the increase is pathetically inadequate.

It should kick in at $150k for singles, and $225k for couples filing jointly. And it should be a minimum of $6k/yr to start, and scale up rapidly from there.


This. OP is just like everyone else who pretends to be a liberal until it affects them.


If your HHI is over $225,000, you ARE “the rich”.

Start paying your fair share, greedy bastards.


Lol. $225k is a pittance compared to what the truly wealthy make. That’s like when my 8 year old is in awe of her teenaged cousin’s paycheck from her summer job.


So? What’s your point? Tax them, too.

Tax the snot out of everyone making more than mid-$200’s. Then you get all of them. The wealthy AND the mere rich making a pittance of what the wealthy make.


These lines are all completely arbitrary. No one is more virtuous than anyone else. Define pittance.


Yep. Why mid $200s? Why not $175k?



That works for me. Done.


Maybe it should be $100k? They have tons more money than people making minimum wage.



Agree 100%. No argument from me on that. Everyone should be paying a lot more, unless you’re at the very bottom, in which case, all those increased taxes on everyone else should be supplementing you.

This is how we achieve an egalitarian society. By taking the excess wealth of some, and sharing it with others. The closer we get to income commonality, the less income disparity we have, and we achieve economic justice for everyone.

Four legs good. Two legs bad.


Wut???

Holy non-sensical comment! WTH?

Stupid trumpet.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I wonder why Tony Williams, our best Mayor ever, would be against this tax? Hmm.


Because it’s money out of his pocket, and rich people don’t pay their fair share.

Too bad. Pay up.


Most rich people in fact do pay their fair share. That’s who the taxes come from now. Flat tax. 25% total from all.


The share of reported income earned by the top 1 percent of taxpayers fell slightly, to 20.9 percent in 2018 from 21 percent in 2017. Their share of federal individual income taxes rose by 1.6 percentage points to 40.1 percent.

Since 2001, the share of federal income taxes paid by the top 1 percent increased from 33.2 percent to a new high of 40.1 percent in 2018.

In 2018, the top 50 percent of all taxpayers paid 97.1 percent of all individual income taxes, while the bottom 50 percent paid the remaining 2.9 percent.

The top 1 percent paid a greater share of individual income taxes (40.1 percent) than the bottom 90 percent combined (28.6 percent).

The top 1 percent of taxpayers paid a 25.4 percent average individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.4 percent).



First, those figures are highly suspect.

Secondly, if you earn a half million dollars a year and paid 40% of it taxes, you’re still clearing $275k a year after taxes. Compare that to someone making $35k a year, who might keep $25k after taxes.

See the problem now?


The person making $35k should not only pay zero in taxes, but should get an income supplement to bring them up to maybe $60k. And the person making $500k should be taxed to the point where they keep maybe $80-$90k after taxes. So they still earn more, but not vastly more, than others. This is how you eliminate wealth disparity in a society.


No, I don’t see the problem, and also you’re wrong that someone making $35k/yr is is paying that much in tax.

But anyway if you tax me that heavily I’m going to quit my high income job. It’s barely worth it at my current tax rate.



So? Quit your job. Who cares? Someone else, hopefully a BIPOC, will replace you. Win-win. If you want to act spitefully because you just can’t bear to help people with less privilege than you, than good riddance.


You don’t know anything about anything the persons race, how much they do for others, their level of “privilege” NOTHING and yet you post as such. You are the unwise and your pig headed prejudice is exactly what we need less of in the world.


Her post reeks of privilege. As does yours. You both sound like undercover trumpers, hoping to mouth the right words, but it’s clear you don’t even know the tune of the song.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I wonder why Tony Williams, our best Mayor ever, would be against this tax? Hmm.


Because it’s money out of his pocket, and rich people don’t pay their fair share.

Too bad. Pay up.


Most rich people in fact do pay their fair share. That’s who the taxes come from now. Flat tax. 25% total from all.


The share of reported income earned by the top 1 percent of taxpayers fell slightly, to 20.9 percent in 2018 from 21 percent in 2017. Their share of federal individual income taxes rose by 1.6 percentage points to 40.1 percent.

Since 2001, the share of federal income taxes paid by the top 1 percent increased from 33.2 percent to a new high of 40.1 percent in 2018.

In 2018, the top 50 percent of all taxpayers paid 97.1 percent of all individual income taxes, while the bottom 50 percent paid the remaining 2.9 percent.

The top 1 percent paid a greater share of individual income taxes (40.1 percent) than the bottom 90 percent combined (28.6 percent).

The top 1 percent of taxpayers paid a 25.4 percent average individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.4 percent).



First, those figures are highly suspect.

Secondly, if you earn a half million dollars a year and paid 40% of it taxes, you’re still clearing $275k a year after taxes. Compare that to someone making $35k a year, who might keep $25k after taxes.

See the problem now?


The person making $35k should not only pay zero in taxes, but should get an income supplement to bring them up to maybe $60k. And the person making $500k should be taxed to the point where they keep maybe $80-$90k after taxes. So they still earn more, but not vastly more, than others. This is how you eliminate wealth disparity in a society.


Anyone who earns an income should be taxed at 80% and that wealth distributed to those depending on the state for survival.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I wonder why Tony Williams, our best Mayor ever, would be against this tax? Hmm.


Because it’s money out of his pocket, and rich people don’t pay their fair share.

Too bad. Pay up.


Most rich people in fact do pay their fair share. That’s who the taxes come from now. Flat tax. 25% total from all.


The share of reported income earned by the top 1 percent of taxpayers fell slightly, to 20.9 percent in 2018 from 21 percent in 2017. Their share of federal individual income taxes rose by 1.6 percentage points to 40.1 percent.

Since 2001, the share of federal income taxes paid by the top 1 percent increased from 33.2 percent to a new high of 40.1 percent in 2018.

In 2018, the top 50 percent of all taxpayers paid 97.1 percent of all individual income taxes, while the bottom 50 percent paid the remaining 2.9 percent.

The top 1 percent paid a greater share of individual income taxes (40.1 percent) than the bottom 90 percent combined (28.6 percent).

The top 1 percent of taxpayers paid a 25.4 percent average individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.4 percent).



First, those figures are highly suspect.

Secondly, if you earn a half million dollars a year and paid 40% of it taxes, you’re still clearing $275k a year after taxes. Compare that to someone making $35k a year, who might keep $25k after taxes.

See the problem now?


The person making $35k should not only pay zero in taxes, but should get an income supplement to bring them up to maybe $60k. And the person making $500k should be taxed to the point where they keep maybe $80-$90k after taxes. So they still earn more, but not vastly more, than others. This is how you eliminate wealth disparity in a society.


No, I don’t see the problem, and also you’re wrong that someone making $35k/yr is is paying that much in tax.

But anyway if you tax me that heavily I’m going to quit my high income job. It’s barely worth it at my current tax rate.



So? Quit your job. Who cares? Someone else, hopefully a BIPOC, will replace you. Win-win. If you want to act spitefully because you just can’t bear to help people with less privilege than you, than good riddance.


You don’t know anything about anything the persons race, how much they do for others, their level of “privilege” NOTHING and yet you post as such. You are the unwise and your pig headed prejudice is exactly what we need less of in the world.


Her post reeks of privilege. As does yours. You both sound like undercover trumpers, hoping to mouth the right words, but it’s clear you don’t even know the tune of the song.


You know it so you tell us all! Judge away. Swing your righteous stick!
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I wonder why Tony Williams, our best Mayor ever, would be against this tax? Hmm.


Because it’s money out of his pocket, and rich people don’t pay their fair share.

Too bad. Pay up.


Most rich people in fact do pay their fair share. That’s who the taxes come from now. Flat tax. 25% total from all.


The share of reported income earned by the top 1 percent of taxpayers fell slightly, to 20.9 percent in 2018 from 21 percent in 2017. Their share of federal individual income taxes rose by 1.6 percentage points to 40.1 percent.

Since 2001, the share of federal income taxes paid by the top 1 percent increased from 33.2 percent to a new high of 40.1 percent in 2018.

In 2018, the top 50 percent of all taxpayers paid 97.1 percent of all individual income taxes, while the bottom 50 percent paid the remaining 2.9 percent.

The top 1 percent paid a greater share of individual income taxes (40.1 percent) than the bottom 90 percent combined (28.6 percent).

The top 1 percent of taxpayers paid a 25.4 percent average individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.4 percent).



First, those figures are highly suspect.

Secondly, if you earn a half million dollars a year and paid 40% of it taxes, you’re still clearing $275k a year after taxes. Compare that to someone making $35k a year, who might keep $25k after taxes.

See the problem now?


The person making $35k should not only pay zero in taxes, but should get an income supplement to bring them up to maybe $60k. And the person making $500k should be taxed to the point where they keep maybe $80-$90k after taxes. So they still earn more, but not vastly more, than others. This is how you eliminate wealth disparity in a society.


Anyone who earns an income should be taxed at 80% and that wealth distributed to those depending on the state for survival.


Everyone should earn more to do more for everyone else. Now.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I wonder why Tony Williams, our best Mayor ever, would be against this tax? Hmm.


Because it’s money out of his pocket, and rich people don’t pay their fair share.

Too bad. Pay up.


Most rich people in fact do pay their fair share. That’s who the taxes come from now. Flat tax. 25% total from all.


The share of reported income earned by the top 1 percent of taxpayers fell slightly, to 20.9 percent in 2018 from 21 percent in 2017. Their share of federal individual income taxes rose by 1.6 percentage points to 40.1 percent.

Since 2001, the share of federal income taxes paid by the top 1 percent increased from 33.2 percent to a new high of 40.1 percent in 2018.

In 2018, the top 50 percent of all taxpayers paid 97.1 percent of all individual income taxes, while the bottom 50 percent paid the remaining 2.9 percent.

The top 1 percent paid a greater share of individual income taxes (40.1 percent) than the bottom 90 percent combined (28.6 percent).

The top 1 percent of taxpayers paid a 25.4 percent average individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.4 percent).



First, those figures are highly suspect.

Secondly, if you earn a half million dollars a year and paid 40% of it taxes, you’re still clearing $275k a year after taxes. Compare that to someone making $35k a year, who might keep $25k after taxes.

See the problem now?


The person making $35k should not only pay zero in taxes, but should get an income supplement to bring them up to maybe $60k. And the person making $500k should be taxed to the point where they keep maybe $80-$90k after taxes. So they still earn more, but not vastly more, than others. This is how you eliminate wealth disparity in a society.


Anyone who earns an income should be taxed at 80% and that wealth distributed to those depending on the state for survival.


Hey, I'm ready to relax and watch TV all day. If this happens, I'm mailing it in!
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Doesn’t go nearly far enough. The income threshold is far too low, and the increase is pathetically inadequate.

It should kick in at $150k for singles, and $225k for couples filing jointly. And it should be a minimum of $6k/yr to start, and scale up rapidly from there.


This. OP is just like everyone else who pretends to be a liberal until it affects them.


If your HHI is over $225,000, you ARE “the rich”.

Start paying your fair share, greedy bastards.


Lol. $225k is a pittance compared to what the truly wealthy make. That’s like when my 8 year old is in awe of her teenaged cousin’s paycheck from her summer job.


So? What’s your point? Tax them, too.

Tax the snot out of everyone making more than mid-$200’s. Then you get all of them. The wealthy AND the mere rich making a pittance of what the wealthy make.


These lines are all completely arbitrary. No one is more virtuous than anyone else. Define pittance.


Yep. Why mid $200s? Why not $175k?



That works for me. Done.


Maybe it should be $100k? They have tons more money than people making minimum wage.



Agree 100%. No argument from me on that. Everyone should be paying a lot more, unless you’re at the very bottom, in which case, all those increased taxes on everyone else should be supplementing you.

This is how we achieve an egalitarian society. By taking the excess wealth of some, and sharing it with others. The closer we get to income commonality, the less income disparity we have, and we achieve economic justice for everyone.

Four legs good. Two legs bad.


Wut???

Holy non-sensical comment! WTH?

Stupid trumpet.


Not an Orwell fan, I see.

NP.
Anonymous
Anonymous wrote:This was very dumb move by the DC council. As the article states, DC is flush with money right now. There is literally no need to raise taxes. It's just a crazy left-wing mania to take money from high-earners.

This will be a tipping point for some, perhaps more than expected, to leave. With remote work options, many more high earners have the flexibility to choose where they live.



Not nearly as crazy as, say, taking a vanity flight to space and then thanking the workers you underpaid and restricted from bathroom breaks and the customers who were ok with that for making it happen.

Tax the rich.

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I wonder why Tony Williams, our best Mayor ever, would be against this tax? Hmm.


Because it’s money out of his pocket, and rich people don’t pay their fair share.

Too bad. Pay up.


Most rich people in fact do pay their fair share. That’s who the taxes come from now. Flat tax. 25% total from all.


The share of reported income earned by the top 1 percent of taxpayers fell slightly, to 20.9 percent in 2018 from 21 percent in 2017. Their share of federal individual income taxes rose by 1.6 percentage points to 40.1 percent.

Since 2001, the share of federal income taxes paid by the top 1 percent increased from 33.2 percent to a new high of 40.1 percent in 2018.

In 2018, the top 50 percent of all taxpayers paid 97.1 percent of all individual income taxes, while the bottom 50 percent paid the remaining 2.9 percent.

The top 1 percent paid a greater share of individual income taxes (40.1 percent) than the bottom 90 percent combined (28.6 percent).

The top 1 percent of taxpayers paid a 25.4 percent average individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.4 percent).



First, those figures are highly suspect.

Secondly, if you earn a half million dollars a year and paid 40% of it taxes, you’re still clearing $275k a year after taxes. Compare that to someone making $35k a year, who might keep $25k after taxes.

See the problem now?


The person making $35k should not only pay zero in taxes, but should get an income supplement to bring them up to maybe $60k. And the person making $500k should be taxed to the point where they keep maybe $80-$90k after taxes. So they still earn more, but not vastly more, than others. This is how you eliminate wealth disparity in a society.

This sounds like something my 12 year old would come up with.


And I congratulate you for raising a child with a social conscience. Not sure where they got it from, since clearly you had nothing to do with it. Probably her teachers, I’m guessing? Good. They’ll undue whatever trumpian influences you try to foist on her.

And the best part is, she’ll vote for people who will create a system of economic equality, rather than what we have now. The future is bright thanks to these kids.
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