I get your point and mostly agree, although I hesitate to add primary residence (reasonably-priced) property tax. Rationale - most of us live in a community where a large % of our property tax are spent to operate schools. Theoretically, it sort of benefits all of us to have our kids educated but realistically, it seems to mostly serve as a place to put the little heathens to keep them off of the streets for a good part of the day. And I guess these days, I'm satisfied with that.
They are indoctrinated anyway, and at best provided with trivial knowledge, resulting in zero (marketable) skills when leaving school at age 18/19. Every skill they'll have until then will have been coming from personal interest outside of school. And you want to pay for that? How about this: Everybody pays what he or she wants and we keep it voluntary?
Yeah, I know that's how property tax works in theory and if it was collected at the local level that would be fine, but it all goes to the state and is more or less fungible... plus where I live, they always talk about fUnDiNg ThE sChOoLs!!! when they want to introduce more taxes or vice to the community. Every. Single. Time.
Opening a casino in the county- "It will help pay for our schools"
Liquor by the drink- "It will help pay for our schools"
Yet another mill levy to add onto the basketball courts or football field - "It will help pay for our schools"
I agree! I think primary residence property taxes should not exist at all. Commercial properties should be taxed for funding schools and so on, but that's a different matter. An individual should at some point own their own home absolutely - a place to be no matter how life goes.
Doctor here. Only 1/4, man, your lucky. The feds take 1/3 of what I earn each year. And I’m willing to bet that emergency $2000 ain’t coming my way despite having to swim in virus all day
Communists literally don't understand that you can run out of other people's money (hence the hilarious yet sad repeats of communist governments failing the exact same way)
There is no difference between $1,000, $10,000 and $100,000. Money is infinite, they'll just get it "from the rich". Somehow.
He's calling from emergency cash payments to come from where exactly? Oh yeah, those of us who pay taxes. So I get some of my own money back but other people get some too?
Gee thanks for the generosity, Beta Blocker Bernie.
Bezos does pay his taxes. The problem is precisely that there are people like you who lash out emotionally without understanding the details of the thing you're mad about.
Amazon pays tons of taxes. They pay payroll taxes and property taxes. Bezos himself pays income tax on any he personally takes home. He pays capital gains taxes any time he liquidates stock.
The meme of Amazon not paying its taxes comes from Amazon taking advantage of Net Operating Loss Forwarding. They are able to deduct from their corporate tax liability any amount up their profit losses. This is a good policy -- you want businesses to survive a bad year. As it happens, Amazon was not profitable for most of its existence. They reinvested all their profits back into the company which allowed them not to deduct that as well -- again, a good thing. This meant more jobs and productivity gains to users of Amazon.
Until last year Amazon had NOL credits they could claim. They are finally finished with them. They are now paying corporate taxes like everyone else. There is no magic "I'm rich so I don't pay taxes" policy.
This idea is fundamentally flawed. Absorbing losses to compete with other businesses and forcing them to bankrupt isn't a good practice.
It would take an ethically-absent individual to agree that forcing competitors into bankruptcy is fair trade.
Regardless of however you feel, keep in mind those policies do NOT benefit you, the citizen. Perhaps the consumer, but not the citizen of the country where these rules apply. You may have the option to get your dildos shipped to you overnight, but those corporate taxes don't fix your roads or help with anything day-to-day.
Oddly, if you look at this list and note ALL of these businesses have a negative effective tax rate, I think you might change your stance slightly.
"Oh, they wouldn't lie about how much they're making vs spending now, would they?" Weird how this has been a notable issue in the press since forever and you as a shill seem to be fine with it.
This idea is fundamentally flawed. Absorbing losses to compete with other businesses and forcing them to bankrupt isn't a good practice.
That is not at all the same thing. That is called predatory pricing and it's illegal. Would you like for President Trump to make it double-illegal? Possibly triple-illegal?
keep in mind those policies do NOT benefit you
Yes, they do. When a company makes things cheaper you benefit. You have more of your dollars left to buy other things. It makes you directly wealthier. Higher corporate taxes are literally always passed onto consumers in the form of higher costs. You are not actually collecting any net wealth for use on "roads".
Weird how this has been a notable issue in the press since forever and you as a shill seem to be fine with it
You mean the same fake news media that has been lying about literally everything? Yes, I do take what they say with a grain of salt because I understand basic economics and they have liberal arts degrees.
LOL omg WHY? Sure I get the service industry folks and others who are out of a job due to ChiCom Flu. But why the fuck do I get 2K??? I'm working. Why the fuck should unemployed faggots, crack hoes and losers get it? They haven't been working for 6 months or more. FUUUUUUCK that. This should go through the payroll of every company who has laid off staff with zero taxes on it. That's about 20% of Americans. And it needs to be evaluated on a monthly basis. So fucking stupid.
Its going to have to be on a case by case basis, the money doesnt exist to be able to do that. For 200M households that would be like 400B a month, over 1T through month 3, God forbid it goes on over a year. Many of us who are responsible can go a few months without working and cover our costs, especially with several utility providers working with people who cant pay, and banks/credit card companies, etc, letting people skip months and throwing it on the back of the loan. The private sector is softening the blow, the gov can pick up the stragglers. If uncle sam sends me $2000, I'm redoing the cabinets in my kitchen.
I'll meet the Government half way...I just keep my money instead of giving 1/4 of my paycheck, 8% sales tax, fuel tax, and thousands in property tax.
Agreed. Suspend state sales tax and federal income tax and we will call it even.
I'd go for property tax first. Property ownership is a right, not a privilege you have to pay for.
Property that is taxed (house, land, vehicle) means the government owns it, not you.
Don't believe me, stop paying your "rent" aka property tax to the government and see if they don't try to take their property back.
I get your point and mostly agree, although I hesitate to add primary residence (reasonably-priced) property tax. Rationale - most of us live in a community where a large % of our property tax are spent to operate schools. Theoretically, it sort of benefits all of us to have our kids educated but realistically, it seems to mostly serve as a place to put the little heathens to keep them off of the streets for a good part of the day. And I guess these days, I'm satisfied with that.
They are indoctrinated anyway, and at best provided with trivial knowledge, resulting in zero (marketable) skills when leaving school at age 18/19. Every skill they'll have until then will have been coming from personal interest outside of school. And you want to pay for that? How about this: Everybody pays what he or she wants and we keep it voluntary?
Yeah, I know that's how property tax works in theory and if it was collected at the local level that would be fine, but it all goes to the state and is more or less fungible... plus where I live, they always talk about fUnDiNg ThE sChOoLs!!! when they want to introduce more taxes or vice to the community. Every. Single. Time.
Opening a casino in the county- "It will help pay for our schools" Liquor by the drink- "It will help pay for our schools" Yet another mill levy to add onto the basketball courts or football field - "It will help pay for our schools"
I agree! I think primary residence property taxes should not exist at all. Commercial properties should be taxed for funding schools and so on, but that's a different matter. An individual should at some point own their own home absolutely - a place to be no matter how life goes.
Doctor here. Only 1/4, man, your lucky. The feds take 1/3 of what I earn each year. And I’m willing to bet that emergency $2000 ain’t coming my way despite having to swim in virus all day
Bernie Sanders: "The government will take one third of your paycheck, but then it'll give $2,000 to you and to people who didn't even pay taxes."
You misread it. He wants a $2000 donation from every household in America.
We have to fight greed. Just not his.
I saw last night he upped it to 3 grand every month. Like a damned auction
Money also turns into nothing when you have a totalitarian communist regime running all the enterprise.
Shit. Why stop there? Any commie worth their salt would demand a minimum of $10k of emergency redistribution every month and only a 70% handling fee.
Communists literally don't understand that you can run out of other people's money (hence the hilarious yet sad repeats of communist governments failing the exact same way)
There is no difference between $1,000, $10,000 and $100,000. Money is infinite, they'll just get it "from the rich". Somehow.
He's calling from emergency cash payments to come from where exactly? Oh yeah, those of us who pay taxes. So I get some of my own money back but other people get some too?
Gee thanks for the generosity, Beta Blocker Bernie.
Bezos does pay his taxes. The problem is precisely that there are people like you who lash out emotionally without understanding the details of the thing you're mad about.
Amazon pays tons of taxes. They pay payroll taxes and property taxes. Bezos himself pays income tax on any he personally takes home. He pays capital gains taxes any time he liquidates stock.
The meme of Amazon not paying its taxes comes from Amazon taking advantage of Net Operating Loss Forwarding. They are able to deduct from their corporate tax liability any amount up their profit losses. This is a good policy -- you want businesses to survive a bad year. As it happens, Amazon was not profitable for most of its existence. They reinvested all their profits back into the company which allowed them not to deduct that as well -- again, a good thing. This meant more jobs and productivity gains to users of Amazon.
Until last year Amazon had NOL credits they could claim. They are finally finished with them. They are now paying corporate taxes like everyone else. There is no magic "I'm rich so I don't pay taxes" policy.
End your ignorance.
I disagree with you.
This idea is fundamentally flawed. Absorbing losses to compete with other businesses and forcing them to bankrupt isn't a good practice.
It would take an ethically-absent individual to agree that forcing competitors into bankruptcy is fair trade.
Regardless of however you feel, keep in mind those policies do NOT benefit you, the citizen. Perhaps the consumer, but not the citizen of the country where these rules apply. You may have the option to get your dildos shipped to you overnight, but those corporate taxes don't fix your roads or help with anything day-to-day.
Oddly, if you look at this list and note ALL of these businesses have a negative effective tax rate, I think you might change your stance slightly.
https://www.businessinsider.com/tech-companies-dont-pay-federal-income-taxes-amazon-gm-2019-11#tech-data-11
"Oh, they wouldn't lie about how much they're making vs spending now, would they?" Weird how this has been a notable issue in the press since forever and you as a shill seem to be fine with it.
That is not at all the same thing. That is called predatory pricing and it's illegal. Would you like for President Trump to make it double-illegal? Possibly triple-illegal?
Yes, they do. When a company makes things cheaper you benefit. You have more of your dollars left to buy other things. It makes you directly wealthier. Higher corporate taxes are literally always passed onto consumers in the form of higher costs. You are not actually collecting any net wealth for use on "roads".
You mean the same fake news media that has been lying about literally everything? Yes, I do take what they say with a grain of salt because I understand basic economics and they have liberal arts degrees.
Thing is, Burnie doesn’t have the juice to do it. The boss does!
It's not his money, why would he stop there? Go for broke Bernie, make it $5000!
Don't vote for just 1; I'll give you 2!!!
LOL omg WHY? Sure I get the service industry folks and others who are out of a job due to ChiCom Flu. But why the fuck do I get 2K??? I'm working. Why the fuck should unemployed faggots, crack hoes and losers get it? They haven't been working for 6 months or more. FUUUUUUCK that. This should go through the payroll of every company who has laid off staff with zero taxes on it. That's about 20% of Americans. And it needs to be evaluated on a monthly basis. So fucking stupid.
Its going to have to be on a case by case basis, the money doesnt exist to be able to do that. For 200M households that would be like 400B a month, over 1T through month 3, God forbid it goes on over a year. Many of us who are responsible can go a few months without working and cover our costs, especially with several utility providers working with people who cant pay, and banks/credit card companies, etc, letting people skip months and throwing it on the back of the loan. The private sector is softening the blow, the gov can pick up the stragglers. If uncle sam sends me $2000, I'm redoing the cabinets in my kitchen.
From every household??
Why not 3,000? Bernie is obviously in the pocket of the billionaires.
I have two homes, do I get $4,000/month?