Anonymous wrote:

Anonymous wrote:I will vote red because of this, much as I despise the Republican social platforms. I have worked too hard for my money to support the party which seeks to take even more of it.

-High earner

I have news for you "high earner", you won't be better off under the Republicans. Unless you are a literal billionaire, they have no interest in helping you. I am with you - part of the "get screwed no matter which party is in power" tax bracket.

Anonymous wrote:I am against. We should be talking about reducing tax rates and reducing spending and the budget. We cannot continue to tax everyone to pay for failed policy ideas

Anonymous wrote:

Anonymous wrote:I would prefer they stop taking social security out of my paycheck today and I never receive anything, even though I have paid into it for 20+ years. They need to stop social security because it taxes the working class to give to the wealthy retirees.

What would we replace it with though. We have good retirement savings and don't need social security but for many old people it's their primary source of income. I have an aunt in her early 80s who thankfully owns her home (a small house in a tiny town in the middle of nowhere worth a max of 100k -- so not something she could sell and live off of) and her only income is social security. She worked until she was 78 (part time as a waitress) but eventually her physical health forced her to retire. But she actually has a decent life with her SS benefits and her mortgage paid off. Inflation cut into her income a bit so my cousins helped her out for a while but it's better now and they no longer supplement her income but just pay for someone to come once a week and clean her house because it's a must at her age. They will fortunately be able to help with paying for care or getting her into a nicer facility than what medicare would pay for if and when the time comes but right now she's doing really well just on social security and has a happy and full life and eat decently and does social things.

I would guess there are a lot of retirees in similar situations. Social security can be a true lifeline for people who never made enough to build up a sizable retirement fund. It's guaranteed income. We need something for people who are too old to work.

Anonymous wrote:I would prefer they stop taking social security out of my paycheck today and I never receive anything, even though I have paid into it for 20+ years. They need to stop social security because it taxes the working class to give to the wealthy retirees.

Anonymous wrote:We have one choice to safe America from project 2025
I am a 1% er ..

I don’t care if Harris crushes my tax rate to the max. Because we are going to have a depression like none other and project 2025 installed no vaccine mandates etc
Vote as you will I won’t vote for a dictator who will install Stephen miller

Anonymous wrote:

Corporate rates in the US were very high, especially after you add state corporate taxes on top of federal taxes.

The average EU corporate rate is 21.13 percent; across OECD countries it is 23.73 percent. When you combine the 21% federal rate with state level corporate taxes, the U.S. rate is 25.77%. The 2017 rate cuts moved the US from having the fourth highest corporate tax rate in the world at around 35% to the middle of the pack.

Increasing the federal tax to 28% would bring the rate to 32.77% when combined with state tax rates, which would place the US around 10th highest in the world.

https://taxfoundation.org/data/all/global/cor...-country-2023/#_ftn3

The EFFECTIVE corporate tax rate, which takes into account all the loopholes and a variety of other measures is far, far from an average of 21%. many companies paid zero! The percentage of tax revenue from corporations has dropped significantly, they are paying less and their shareholders to a certain extent and their CEOs to a greater extent are benefitting.

https://itep.org/corporate-tax-avoidance-trump-tax-law/#:~:text=Special%20breaks%20and%20loopholes%20allowing,provided%20through%20the%20tax%20code.

Corporate rates in the US were very high, especially after you add state corporate taxes on top of federal taxes.

The average EU corporate rate is 21.13 percent; across OECD countries it is 23.73 percent. When you combine the 21% federal rate with state level corporate taxes, the U.S. rate is 25.77%. The 2017 rate cuts moved the US from having the fourth highest corporate tax rate in the world at around 35% to the middle of the pack.

Increasing the federal tax to 28% would bring the rate to 32.77% when combined with state tax rates, which would place the US around 10th highest in the world.

https://taxfoundation.org/data/all/global/cor...-country-2023/#_ftn3

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

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We all already pay a lot in taxes. I don’t think throwing more money at the problem is going to solve anything. It’s less of “I don’t want to pay it” and more of “prove to me that you’ll do any good with it.”

Because I don’t think they will or they can.

Do you make more or less than $400K?

Do you understand that the tax increases on those over 400K are meant to offset Trump’s expiring tax cuts in the middle class? Because if you don’t understand that, then you really have no right posting that last sentence.

I’ve read the documents. I disagree with the statement that the increases are meant to offset anything. That simply is untrue.

It doesn’t matter how much money I make. Poor tax policy is poor tax policy.

Anonymous wrote:We all already pay a lot in taxes. I don’t think throwing more money at the problem is going to solve anything. It’s less of “I don’t want to pay it” and more of “prove to me that you’ll do any good with it.”

Because I don’t think they will or they can.