Anonymous
Post 08/25/2024 00:03     Subject: Harris tax plan - raising taxes on high earners

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:This is what is wrong, IMO. DH and I are taxed out of half of our paychecks, while billionaires pay nothing! This is how, no matter the party, they screw us in the middle. Half of my paycheck is going to taxes, and no, it is not ok when the millionaires and billionaires pay nothing.
And then, I had to pay full in-state tuition for my kids, who did not even qualify for any aid from BCS. We don't earn that little, but we sure could not afford full rides, either. If my kids were allowed to take student loans, they would have been forgiven now. But they were not allowed to have that option.
No, it is not better for me under republicans because it is all the same for me, no relief ever. I don't qualify for any housing aid, meal programs, or student financial aid, but I sure can't afford an SFH that is the median price for the DMV.


Lady, if your HHI is over $400K you are not “in the middle.” That’s the point. SMH.


In DC you are. These policies disproportionately hurt people in large metros with high cola.


No you’re not, dummy. Look up the median household income in DC and get back to us.
Anonymous
Post 08/24/2024 23:36     Subject: Harris tax plan - raising taxes on high earners

Anonymous wrote:
Anonymous wrote:This is what is wrong, IMO. DH and I are taxed out of half of our paychecks, while billionaires pay nothing! This is how, no matter the party, they screw us in the middle. Half of my paycheck is going to taxes, and no, it is not ok when the millionaires and billionaires pay nothing.
And then, I had to pay full in-state tuition for my kids, who did not even qualify for any aid from BCS. We don't earn that little, but we sure could not afford full rides, either. If my kids were allowed to take student loans, they would have been forgiven now. But they were not allowed to have that option.
No, it is not better for me under republicans because it is all the same for me, no relief ever. I don't qualify for any housing aid, meal programs, or student financial aid, but I sure can't afford an SFH that is the median price for the DMV.


Lady, if your HHI is over $400K you are not “in the middle.” That’s the point. SMH.


In DC you are. These policies disproportionately hurt people in large metros with high cola.
Anonymous
Post 08/24/2024 23:02     Subject: Harris tax plan - raising taxes on high earners

Anonymous wrote:This is what is wrong, IMO. DH and I are taxed out of half of our paychecks, while billionaires pay nothing! This is how, no matter the party, they screw us in the middle. Half of my paycheck is going to taxes, and no, it is not ok when the millionaires and billionaires pay nothing.
And then, I had to pay full in-state tuition for my kids, who did not even qualify for any aid from BCS. We don't earn that little, but we sure could not afford full rides, either. If my kids were allowed to take student loans, they would have been forgiven now. But they were not allowed to have that option.
No, it is not better for me under republicans because it is all the same for me, no relief ever. I don't qualify for any housing aid, meal programs, or student financial aid, but I sure can't afford an SFH that is the median price for the DMV.



This is how I feel! I don’t even want a raise anymore or promotion. This is what the dems do, take my hard work and give it to someone else. I will just stop working so hard. Too much for financial aid, so will pay out of pocket and be put whatever that amount is while others get loans forgiven or get aid. Why does my kid get disadvantaged because my husband and I are UMC?
Anonymous
Post 08/24/2024 22:51     Subject: Harris tax plan - raising taxes on high earners

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:So the top 1% already pay the majority of taxes? lol

Let's give 25k for homeowners and increase prices of homes / increase inflation ?

Let's give more student loan forgiveness and that doesn't increase inflation right?

Let's increase taxes on business by 7%, that doesn't increase prices and increase inflation??

The policies are insane.


Again, the 1% hold a majority of the wealth, so they absolutely should pay at least what they are paying, if not more.

The issue is we don’t tax wealth. We should fix that.


The issue is that liberals who want higher taxes aren't already sending in additional payments to the Treasury.

Put your money where you mouth is. If you want higher taxes, start sending your checks to the Treasury ASAP.

Or are you a hypocrite?


I am sorry, this is just an asinine response.

Do you care about the debt or deficit? If not, tell me where you want to make the cuts that will impact that. Be specific and prove that your cuts will have an impact.

Do you believe the wealthy should pay a significantly less portion of their wealth in taxes? If so, why?

I don’t think you are even a high earner based on your sophomoric train of thought. It’s laughable that you defend proposals that make high earners wealthier as if doing so will make you richer by association. It’s pathetic.


So you're a hypocrite. Thanks for playing.


You cannot overpay the government PP. If you overpay the government they send it back.

Don’t be stupid and try to have a conversation grounded in reality.




Ha, of course you can. Anyone can send a gift to the Treasury for reduction of the public debt.

Good liberals who want to give their money to the Government should do so ASAP.

Who's stupid now?


NP. Are you being deliberately obtuse, or do you not understand this? The idea isn’t “I want to pay more taxes myself” it’s “I want us all to pay more rather than have us all go in to debt”.

But sure, I’ll play your game. We’ll both send checks to the Treasury with the stipulation that neither can be cashed unless both arrive. You ready to put your money up? If not, please sit down. This isn’t your place.
Anonymous
Post 08/24/2024 22:10     Subject: Harris tax plan - raising taxes on high earners

Tax weapon industry. Stop giving money to Israel.
Anonymous
Post 08/24/2024 22:10     Subject: Harris tax plan - raising taxes on high earners

Anonymous wrote:Here's what we know so far:
https://www.nytimes.com/2024/08/22/us/politics/kamala-harris-tax-plan.html

"Ms. Harris would set the top marginal income rate at 39.6 percent, up from 37 percent. On top of that, she would also increase the rate on two parallel Medicare surtaxes to 5 percent from 3.8 percent for Americans making more than $400,000 and expand the income subject to one of them. Together, the Medicare and income proposals would create a top marginal rate as high as 44.6 percent."

Ouch. With state taxes, we'll be paying a marginal rate of greater than 50% taxes. That's just too much.

Harris also plans to: (i) increase corporate taxes and (ii) further increase the already ridiculous tax on corporate stock buy-backs. These ideas hurt everyone who owns stocks - that includes every single person with a 401/IRA/TSP.

Yikes.


Tax mega millionaires and churches(of all religions), instead of squeezing upper middle/entry wealthy class.
Anonymous
Post 08/24/2024 22:10     Subject: Harris tax plan - raising taxes on high earners

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:So the top 1% already pay the majority of taxes? lol

Let's give 25k for homeowners and increase prices of homes / increase inflation ?

Let's give more student loan forgiveness and that doesn't increase inflation right?

Let's increase taxes on business by 7%, that doesn't increase prices and increase inflation??

The policies are insane.


Again, the 1% hold a majority of the wealth, so they absolutely should pay at least what they are paying, if not more.

The issue is we don’t tax wealth. We should fix that.


The issue is that liberals who want higher taxes aren't already sending in additional payments to the Treasury.

Put your money where you mouth is. If you want higher taxes, start sending your checks to the Treasury ASAP.

Or are you a hypocrite?


I am sorry, this is just an asinine response.

Do you care about the debt or deficit? If not, tell me where you want to make the cuts that will impact that. Be specific and prove that your cuts will have an impact.

Do you believe the wealthy should pay a significantly less portion of their wealth in taxes? If so, why?

I don’t think you are even a high earner based on your sophomoric train of thought. It’s laughable that you defend proposals that make high earners wealthier as if doing so will make you richer by association. It’s pathetic.


So you're a hypocrite. Thanks for playing.


You cannot overpay the government PP. If you overpay the government they send it back.

Don’t be stupid and try to have a conversation grounded in reality.




Ha, of course you can. Anyone can send a gift to the Treasury for reduction of the public debt.

Good liberals who want to give their money to the Government should do so ASAP.

Who's stupid now?
Anonymous
Post 08/24/2024 22:07     Subject: Harris tax plan - raising taxes on high earners

Anonymous wrote:Here “libs should send money” PP, try this and show us where you would make cuts, so we can see where your priorities lie.

https://fiscalship.org/


LOL, that reminds me of lame corporate training.

Have you sent in your check to the Treasury yet?

Anonymous
Post 08/24/2024 22:06     Subject: Harris tax plan - raising taxes on high earners

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:So the top 1% already pay the majority of taxes? lol

Let's give 25k for homeowners and increase prices of homes / increase inflation ?

Let's give more student loan forgiveness and that doesn't increase inflation right?

Let's increase taxes on business by 7%, that doesn't increase prices and increase inflation??

The policies are insane.


Again, the 1% hold a majority of the wealth, so they absolutely should pay at least what they are paying, if not more.

The issue is we don’t tax wealth. We should fix that.


The issue is that liberals who want higher taxes aren't already sending in additional payments to the Treasury.

Put your money where you mouth is. If you want higher taxes, start sending your checks to the Treasury ASAP.

Or are you a hypocrite?


I am sorry, this is just an asinine response.

Do you care about the debt or deficit? If not, tell me where you want to make the cuts that will impact that. Be specific and prove that your cuts will have an impact.

Do you believe the wealthy should pay a significantly less portion of their wealth in taxes? If so, why?

I don’t think you are even a high earner based on your sophomoric train of thought. It’s laughable that you defend proposals that make high earners wealthier as if doing so will make you richer by association. It’s pathetic.


So you're a hypocrite. Thanks for playing.


You cannot overpay the government PP. If you overpay the government they send it back.

Don’t be stupid and try to have a conversation grounded in reality.


Anonymous
Post 08/24/2024 22:04     Subject: Harris tax plan - raising taxes on high earners

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:So the top 1% already pay the majority of taxes? lol

Let's give 25k for homeowners and increase prices of homes / increase inflation ?

Let's give more student loan forgiveness and that doesn't increase inflation right?

Let's increase taxes on business by 7%, that doesn't increase prices and increase inflation??

The policies are insane.


Again, the 1% hold a majority of the wealth, so they absolutely should pay at least what they are paying, if not more.

The issue is we don’t tax wealth. We should fix that.


The issue is that liberals who want higher taxes aren't already sending in additional payments to the Treasury.

Put your money where you mouth is. If you want higher taxes, start sending your checks to the Treasury ASAP.

Or are you a hypocrite?


I am sorry, this is just an asinine response.

Do you care about the debt or deficit? If not, tell me where you want to make the cuts that will impact that. Be specific and prove that your cuts will have an impact.

Do you believe the wealthy should pay a significantly less portion of their wealth in taxes? If so, why?

I don’t think you are even a high earner based on your sophomoric train of thought. It’s laughable that you defend proposals that make high earners wealthier as if doing so will make you richer by association. It’s pathetic.


So you're a hypocrite. Thanks for playing.
Anonymous
Post 08/24/2024 22:01     Subject: Harris tax plan - raising taxes on high earners

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:So the top 1% already pay the majority of taxes? lol

Let's give 25k for homeowners and increase prices of homes / increase inflation ?

Let's give more student loan forgiveness and that doesn't increase inflation right?

Let's increase taxes on business by 7%, that doesn't increase prices and increase inflation??

The policies are insane.


Again, the 1% hold a majority of the wealth, so they absolutely should pay at least what they are paying, if not more.

The issue is we don’t tax wealth. We should fix that.


The issue is that liberals who want higher taxes aren't already sending in additional payments to the Treasury.

Put your money where you mouth is. If you want higher taxes, start sending your checks to the Treasury ASAP.

Or are you a hypocrite?


I am sorry, this is just an asinine response.

Do you care about the debt or deficit? If not, tell me where you want to make the cuts that will impact that. Be specific and prove that your cuts will have an impact.

Do you believe the wealthy should pay a significantly less portion of their wealth in taxes? If so, why?

I don’t think you are even a high earner based on your sophomoric train of thought. It’s laughable that you defend proposals that make high earners wealthier as if doing so will make you richer by association. It’s pathetic.


So you're a hypocrite. Thanks for playing.
Anonymous
Post 08/24/2024 20:12     Subject: Harris tax plan - raising taxes on high earners

Here “libs should send money” PP, try this and show us where you would make cuts, so we can see where your priorities lie.

https://fiscalship.org/
Anonymous
Post 08/24/2024 20:11     Subject: Harris tax plan - raising taxes on high earners

Anonymous wrote:Anyone earning over $500k who isn’t moving it to carried interest is a moron.


I don't understand. How can a normal W2 employee making 500k do anything with carried interest?
Anonymous
Post 08/24/2024 20:10     Subject: Harris tax plan - raising taxes on high earners

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:So the top 1% already pay the majority of taxes? lol

Let's give 25k for homeowners and increase prices of homes / increase inflation ?

Let's give more student loan forgiveness and that doesn't increase inflation right?

Let's increase taxes on business by 7%, that doesn't increase prices and increase inflation??

The policies are insane.


Again, the 1% hold a majority of the wealth, so they absolutely should pay at least what they are paying, if not more.

The issue is we don’t tax wealth. We should fix that.


The issue is that liberals who want higher taxes aren't already sending in additional payments to the Treasury.

Put your money where you mouth is. If you want higher taxes, start sending your checks to the Treasury ASAP.

Or are you a hypocrite?


I am sorry, this is just an asinine response.

Do you care about the debt or deficit? If not, tell me where you want to make the cuts that will impact that. Be specific and prove that your cuts will have an impact.

Do you believe the wealthy should pay a significantly less portion of their wealth in taxes? If so, why?

I don’t think you are even a high earner based on your sophomoric train of thought. It’s laughable that you defend proposals that make high earners wealthier as if doing so will make you richer by association. It’s pathetic.
Anonymous
Post 08/24/2024 20:06     Subject: Harris tax plan - raising taxes on high earners

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Make all earned income subject to the social security tax and not just the first $168,600. That would fix a lot.


The reason you cannot do that is then their benefits would soar too. And if you object to THAT you just completely changed SS into a pure welfare program and any semblance of bipartisan support for it (which is already tenuous) disappears.


There is already a cap on the max you can receive in SS benefits no matter how much you pay in. They should just keep that limit and increase the wage cap, which is far too low anyway. It should be more like $200 or $250K, or not have a wage cap at all.


You do that and you completely change the social contract on SS and doom it to the dustbin of history. Of all the things, this is hands down the worst idea of them all if you are interested in preserving the program.


This is really a subject for a different thread, but SS has structural problems so any fix will change that contract. Dooming it — if you mean it will disappear — is the worst possible change, so that won’t happen. But some change will. Raising the wage cap or removing it altogether are far more palatable than cutting benefits to everyone.