POG Politics Thread - Page 101 - Puzzles and Other Games Forum

Then they stop growing and stop investing

So if someone makes a million they probably pay 250000 in income tax depending on state

You want to go back to the 55% tax bracket of the late 70s? Not sure if you remember it, but we had super double digit inflation with high unemployment and little investment

It doesn't work

Amazon was going to leave wa over the ridiculous tax. I'm glad they got it overturned

06-14-2018 , 10:35 PM

#2503

metsandfinsfan

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And no i don't get why you punish people for being successful

06-14-2018 , 10:38 PM

#2504

master3004

Revisionist Historian

Join Date: Mar 2010 Posts: 56,419

Yes, the ridiculous tax to help homeless people. A group of people the right wing says is a scourge on the city.

God forbid super villain Lex Luthor has to pay $350 dollars per employee per year to help fight an epidemic in the city housing his money printing empire.

06-14-2018 , 10:38 PM

#2505

metsandfinsfan

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What percentage of taxes are paid by top 5%?
In contrast, the top 1 percent of all taxpayers (taxpayers with AGIs of $465,626 and above) earned 20.58 percent of all AGI in 2014, but paid 39.48 percent of all federal income taxes. In 2014, the top 1 percent of taxpayers accounted for more income taxes paid than the bottom 90 percent combined.Feb 1, 2017
Summary of the Latest Federal Income Tax Data, 2016 Update - ...
Tax Foundation › summary-latest-federal...

I'm not sure how much more you want them to pay

06-14-2018 , 10:40 PM

#2506

Luckbox Inc

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Jeff Bezos is now a right winger?
Someone should tell the journalists at the Washington post.

06-14-2018 , 10:40 PM

#2507

master3004

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Join Date: Mar 2010 Posts: 56,419

Amazon posted profits of 1.6 billion dollars for the last quarter.

The head tax amounted to about 14 million a year.

This isn't about some company unable to endure the costs associated with the tax, its about a single man wanting to horde as much money as he possibly can.

They've lost my business.

06-14-2018 , 10:41 PM

#2508

master3004

Revisionist Historian

Join Date: Mar 2010 Posts: 56,419

Quote:

Originally Posted by Luckbox Inc

Jeff Bezos is now a right winger?
Someone should tell the journalists at the Washington post.

I never said Bezos is a right winger, I said that he's Lex Luthor.

I said the right wing is against this tax... and they also say the homeless are a scourge in Seattle.

Because they think its possible to have it both ways.

06-14-2018 , 10:45 PM

#2509

metsandfinsfan

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Quote:

Originally Posted by master3004

They paid 250 million dollars in Washington state and local taxes in 2017. Yeah they are Lex Luthor for creating a business with 40 some odd thousand jobs in the state and paying a quarter billion taxes to the state

A quarter billion and employee 40000 Washington citizens.

And you call them Lex Luthor

You just hate success

How dare them make profit!

06-14-2018 , 10:46 PM

#2510

Luckbox Inc

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The thing is Amazon or no other company is beholden to Seattle. The tax was repealed when they threatened to leave. And you could be sure that no large companies would have relocated there or opened up a division either. So it was a stupid idea that was doomed to fail.

06-14-2018 , 10:47 PM

#2511

metsandfinsfan

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Quote:

Originally Posted by Luckbox Inc

Duh

But it's selfish of them to leave, that makes them evil!

06-14-2018 , 10:49 PM

#2512

master3004

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Join Date: Mar 2010 Posts: 56,419

"Net income was $1.9 billion, more than double from the same period of last year and the highest in company history. Amazon noted that the fourth quarter earnings includes a tax benefit of roughly $789 million due to the change in U.S. tax code."

So they made 789 million due to the change in the tax code alone and paid about a third of that to the state.

Jesus, how are they surviving?

06-14-2018 , 10:52 PM

#2513

master3004

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Join Date: Mar 2010 Posts: 56,419

But **** it, I'm sure the homeless are that way because they made conscious choices to be so. No reason to try to help them.

Sure is a load off my mind. Its much easier to be uncaring about basic human beings. You both have showed me the way. Congrats on your conversion.

06-14-2018 , 10:52 PM

#2514

metsandfinsfan

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https://www.investors.com/politics/e...ow-tax-states/

Cliffs
People are moving out of high tax states and moving to Florida and delaware and Alaska so they will pay less taxes

Such evil selfish people amirite

06-14-2018 , 10:55 PM

#2515

metsandfinsfan

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You can boycott them

But they have a right to make as much money as they can. Buy their stock if you want to also

And yes you can try to tax them but why would they stay

06-14-2018 , 10:56 PM

#2516

Luckbox Inc

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I give money to homeless and bums sometimes and pick up Navajo hitchhikers when I drive through their territory. So don't call me uncaring. I do my part.

06-15-2018 , 12:05 AM

#2517

Birdman10687

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Join Date: Aug 2009 Posts: 39,990

Ultimately this argument is moot because single payer would require people pay far less for health care than they currently do. So the question about “where would the money come from” is completely nonsensical.

06-15-2018 , 12:07 AM

#2518

Birdman10687

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Join Date: Aug 2009 Posts: 39,990

Mets has been sipping that trickle down economics kool aid I see. I guess those boots aren’t going to lick themselves, amirite?

06-15-2018 , 12:10 AM

#2519

Birdman10687

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Join Date: Aug 2009 Posts: 39,990

Quote:

Originally Posted by metsandfinsfan

But they have a right to make as much money as they can.

This is an example of a descriptive statement. “Making as much money as you can” is not a natural right it is just part of our human-constructed society. Nothing says it has to be this way or that it even is the best way.

The idea of a “maximum wage” has not only been proposed but in some cases it has been implemented.

06-15-2018 , 05:00 AM

#2520

DiggertheDog

Pan Troglodytes

Join Date: Mar 2008 Posts: 57,791

It comes down to a rigged system based on a very particular way of defining: what is value and how is it created.

06-15-2018 , 06:11 AM

#2521

pwnsall

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Join Date: Jun 2006 Posts: 65,624

Everyone wants to be on top.

People aren't ruled by a king they're ruled by they're desire to be King.

06-15-2018 , 07:01 AM

#2522

eyebooger

Join Date: May 2010 Posts: 58,696

Quote:

Originally Posted by metsandfinsfan

Then they stop growing and stop investing

So if someone makes a million they probably pay 250000 in income tax depending on state

You want to go back to the 55% tax bracket of the late 70s? Not sure if you remember it, but we had super double digit inflation with high unemployment and little investment

It doesn't work

Amazon was going to leave wa over the ridiculous tax. I'm glad they got it overturned

Seems to work in Denmark.

https://www.usnews.com/news/best-cou...rates-of-taxes

Although, tbh at this point, when it comes to taxing multi-millionaires substantially more, I'm thinking my argument should just be, "It doesn't affect me; **** 'em. I don't care." (Although I think that attitude might make me a Republican)

06-15-2018 , 09:06 AM

#2523

Birdman10687

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Join Date: Aug 2009 Posts: 39,990

Quote:

Originally Posted by pwnsall

Everyone wants to be on top.

People aren't ruled by a king they're ruled by they're desire to be King.

It’s not a condition for the existence of society that some be on the top and some be on the bottom.

06-15-2018 , 10:03 AM

#2524

DWetzel

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mets,

if the ultra rich are truly moving around based solely for profit motives (lower tax rates) and not because of any thoughts of being part of a community...

why is it wrong for the rest of the world to treat them as a profit center (raise tax rates) and not as part of their own community?

And why am I supposed to believe that raising taxes will make the rich just decide to stop investing -- would it not make the rich work harder to preserve the lifestyle to which they've become accustomed?