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Correct, that's why it becomes a flat tax

Posted on: January 25, 2019 at 10:40:40 CT

Mormad MU

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M.O.B. Votes:

and you eliminate "buckets". Of course, then you hear the argument that you're diminishing the desire to invest and the wealthy would just sit on their assets and piles of money.

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MESSAGE THREAD

****ing socialists - TheShoe STL - 1/25 09:44:12

Don't tax you. Don't tax me. Tax that fellow - Alferd Packer MU

- 1/25 10:37:09

There is over $6T in 401Ks alone, wealth that has - Bulldog Bob Brown STL - 1/25 10:13:16

So, basically just take the income EVERY year. - tigerdb MU - 1/25 10:27:52

whatever it takes to feed the Federal Gvmt - MBS, you - 90Tiger MU - 1/25 10:35:49

Do we need to increase revenue to the federal government - Bulldog Bob Brown STL - 1/25 10:31:39

Yup - mizzouSECedes STL - 1/25 10:30:22

just do your part, be fair (nm) - 90Tiger MU - 1/25 10:36:48

Also, vast majority of 401ks don't get 10% - mizzouSECedes STL - 1/25 10:22:42

And, he didn't suggest 10% on gains, but on the balance - Mormad MU - 1/25 10:26:37

get with the program, it's imperative we maintain federa - 90Tiger MU - 1/25 10:39:11

I assume BBB is just stoking - Mormad MU - 1/25 10:47:20

Not important(nm) - Bulldog Bob Brown STL - 1/25 10:26:04

Double taxation on Roth 401ks? - mizzouSECedes STL - 1/25 10:20:43

You obviously don't know Bulldog Bob (nm) - MrBlueSky MU - 1/25 10:29:26

I guess I don't - mizzouSECedes STL - 1/25 10:32:37

Pay your bills. (nm) - Bulldog Bob Brown STL - 1/25 10:24:18

What? (nm) - Sal KC - 1/25 10:27:44

What bills? (nm) - mizzouSECedes STL - 1/25 10:24:41

The bills(nm) - Bulldog Bob Brown STL - 1/25 10:25:26

Cosby? Clinton? Goldberg? - tigerdb MU - 1/25 10:34:20

agreed (nm) - Sal KC - 1/25 09:53:33

agreed, socialist. and? (nm) - 90Tiger MU - 1/25 09:53:23

Once the gibmedats start flowing, there's no going back - Ragnar Danneskjold MU

- 1/25 09:46:42

yup. I'm wondering what theShoe and MBS are happy about - 90Tiger MU - 1/25 09:55:05

Because it's a Fox News poll - Ragnar Danneskjold MU

- 1/25 09:57:32

yup (nm) - 90Tiger MU - 1/25 09:59:53

LOL - MrBlueSky MU - 1/25 09:46:26

A flat tax would solve it all (nm) - TheWildcat STL - 1/25 10:00:05

If by solve you mean further concentrate - MrBlueSky MU - 1/25 10:04:08

You close all loopholes. They would pay far more and - TheWildcat STL - 1/25 10:09:08

What % would this flat tax need to be? - MrBlueSky MU - 1/25 10:13:05

to do what? (nm) - 90Tiger MU - 1/25 10:20:46

Match current revenue levels (nm) - MrBlueSky MU - 1/25 10:22:40

revenue? lmfao. what a term. Why do you want to match - 90Tiger MU - 1/25 10:24:51

Sure cut some spending, as I've said. - MrBlueSky MU - 1/25 10:27:40

The original flat taxer movement set it at 15% - Mormad MU - 1/25 10:31:08

Which would be a massive tax cut for the wealthiest - MrBlueSky MU - 1/25 10:32:50

Except that if you eliminate loopholes - Mormad MU - 1/25 10:36:36

You could have a wealthy individual who makes zero income - MrBlueSky MU - 1/25 10:38:41

Correct, that's why it becomes a flat tax - Mormad MU - 1/25 10:40:40

Which is the case for much of the wealthy now(nm) - MrBlueSky MU - 1/25 10:43:10

go get those fvckers! (nm) - 90Tiger MU - 1/25 11:01:41

what problems are you planning to solve with a 70% rate - 90Tiger MU - 1/25 10:08:08

Not my proposal. And a 70% marginal rate on - MrBlueSky MU - 1/25 10:12:42

I asked you a simple question. what problems are you trying - 90Tiger MU - 1/25 10:15:41

Something resembling a budget would be a good start - MrBlueSky MU - 1/25 10:22:30

We already have a government office that - mizzouSECedes STL - 1/25 10:23:54

When was the last time Congress passed a budget?(nm) - MrBlueSky MU - 1/25 10:26:44

When's the last time the government - mizzouSECedes STL - 1/25 10:33:26

then why are you expecting it to happen? (nm) - 90Tiger MU - 1/25 10:27:35

where's the funny part? (nm) - 90Tiger MU - 1/25 09:53:41

It's funny because it's the most unsurprising poll ever - MrBlueSky MU - 1/25 09:55:12

i don't get it (nm) - 90Tiger MU - 1/25 09:59:37