I rode past the ghetto. It was still there. Trump lied.

After 8 years of liberal Obama administration, all you libs have are excuses, excuses and excuses. Indeed, most of the sh*t started long before Obama but your "Yes we can" messiah turned into "Oops, we really couldn't" failure.

PS ISIS was a tiny group 8 years ago when Obama came to power and now it's an enormous monster occupying half the middle east and having rivers of blood on their hands - all on Obama's watch.
PS2 Bush recession ended in June 2009 so it hardly explains the additional $10 trillion and the doubling of national debt in subsequent years.
PS3 I agree Trump will have no excuses if he does not deliver

 

Can you actually define " fair share" or are you just using mindless phrases. Just answer a couple of simple questions. First will income inequality increase or decline under Trump. And two will the percentage of income the top ten percent actually pay increase or decrease under Trump.

 

1. Fair share - proportional to income.... A progressive (higher percentage on higher incomes) tax code assures that high income earners will pay more than their fair share.

2. Given that loopholes, deductions, tax breaks and write offs will be eliminated, there is a pretty good chance that the rich will pay the same or more in taxes but it will vary from individual to individual. I don't think Buffet will keep paying less than his secretary...

3. Income inequality will decrease sharply under Trump due to his pro-middle class, pro-labor America first platform, income inequality has nothing to do with taxation though.

Why haven't Obama and the libs addressed any of these issues?

 

Let's wait & see. If Trump holds true to just a handful of his top teir promises regarding helping get America/Americans working again, infrastructure included, we may see an urban renewal.

 

Congress must approve closings of federally controlled prisons, including military prisons, which is what G-Bay is. Obama doesn't have the authority to close it on his own.

 

You drink too much KoolAid

 

Sorry, but he hasn't actually had one single idea about how to help the urban poor. Of course neither have the Democrats.

 

Anyone out there care to try and make logical sense out of that?

 

The majority of the guilible seem to have bought into " Hillary in a landslide". Stephanopoulos was the most astonished, and most entertaining! Watching the play by play he gave as the results poured in was unreal! The epitome of liberal journalistic nihalism. Priceless!

 

Your constant whining about taxes, Trump taxes, Trump's tax proposals notwithstanding, you really don't understand what a progressive tax system is, do you?

And you can't even google, can you, you're a typical lib, someone has to do your homework for you LOL

http://www.investopedia.com/terms/p/progressivetax.asp?lgl=no-infinite
https://en.wikipedia.org/wiki/Progressive_tax
https://apps.irs.gov/app/understandingTaxes/student/whys_thm03_les03.jsp

 

I guess we'll see. I mean he hasn't even been sworn in yet. Like the last guy, we need to see what happens.

 

If you actually are unable to comprehend the contradictions in your post suggest going back to school. Here is your post again

Quote Originally Posted by Borat View Post
1. Fair share - proportional to income.... A progressive (higher percentage on higher incomes) tax code assures that high income earners will pay more than their fair share.

One can only assume you are actually trying to advocate for a flat tax in a sort of definitional challenged manner that might be improved if you look up the definition of " proportional". Hint- no matter what anyone pays it will be some proportion of income.

 

As I suspected you have no idea what you are talking about when it comes to taxation. A flat tax and a progressive tax are two different things and Trump advocates a progressive tax code - the higher one's income is - the higher percentage of taxes (on their high income) one pays. Duh There are on line classes for that, you know.

 

We were not talking about Trump. We were trying to figure out what you were trying to say by " A progressive tax code assures that high income earners will pay more than their fair share" Care to try and stop diverting and actually explain what you are trying to advocate.

You could start by explaining exactly what you mean by " fair share"

 

Let me try again and slowly

"Fair share" would be proportional taxation, you earn 10 times more than your neighbor - you pay 10 times more in taxes

Trump nevertheless does not advocate proportional taxation, he advocates a progressive tax system - you earn 10 times more than your neighbor - you pay 20 times more than him in taxes. The rich will pay way higher taxes as a percentage of their income than the poor and the middle class and they will lose all their deductions, write-offs, loopholes allowing the likes of Warren Buffet to pay less than his secretary.

 

Obama was the president for the last eight years, and still is, and that my friend was exactly why wall street Hillary and Obama's 3rd term was rejected. Good ribbons.

 

And like I said way back you are talking a flat tax. Or do you think there is a difference between what you call a " proportional tax" and a flat tax?

 

You asked what I considered to be "fair share" and I answered - proportional tax which indeed is flat tax.

That said, neither Trump, nor I advocate flat tax, Trump's tax reform is based on progressive tax code which eliminates deductions, loopholes and tax breaks for the rich and makes them pay significantly more than their "fair share".

What's so difficult to understand? TRUMP's TAX PLAN MAKES THE RICH PAY WAY MORE THAN THEIR FAIR SHARE. Rejoice lol

 

All you have to do is look at the stock market to see how the rich view the Trump victory. The rich are going to pay a lot less in taxes than before and make much more money off of dividends and corporate profits while the national debt skyrockets and most Americans will be left hoping that trickle down will actually work for the first time in history.

And just so you know I view fair share as a percentage of net worth.

Here is Forbes analysis of Trump's tax plan. Note that the main beneficiaries are the rich and corporations while the poor and middle class basically get little to nothing

http://www.forbes.com/sites/leesheppard/2016/11/13/trumps-tax-plan/#11c0461d1110

 

Very simple. He makes a promise before being sworn into office. He gets elected based, in part, on that promise. He changes his mind before being sworn into office. What you have is a LIE.

 

Trump was a last resort for some, Yes, I agree it's beginning to look like we have been freaking played, anti Trump Nikki Haley is strike two for me, Mitt Romney will be strike three game over, Cruze guy, Mike Pence was strike one, sure looks like a GOP establishment administration with the same old sleezy players, Doesn't Trump understand once he losses his base, which he will if he stays on this path, both RNC and DNC (same team) will move to impeach by February, and Trump will have no base to offer resistance or support anymore, not to mention the Wall street robber barons really want Pence as President, so if your a wall street Hillary shill sit back and enjoy, and watch what looks like a bull(*)(*)(*)(*) artist fall apart.

I am not going to abandon Trump at this time, but I'm not going to support Trump around here or elsewhere anymore either.

Donald Trump may turn out to be the biggest bull(*)(*)(*)(*) artist to ever win the white house, and how's that for a legacy to be remembered by?

 

wake up, we have been played like jackasses by Trump, there should be no cap on Social Security, you make 1 million you need to pay whatever that calculates out too, so don't act like the rich are paying their fair share because that's pure bull(*)(*)(*)(*) and you know it.

 

Lol. Dude, taxing net worth is too funny, sheer liberal lunacy. Net worth is not even a real number, it's a vague arbitrary approximation of one's assets (what's the market value of your refrigerator?) minus liabilities. Taxing net worth means your car, house, the $1000 in your bank account are taxed every single year and when you use the money to buy a new microwave the value of that used microwave is also taxed ever year. Is it what you really want or you did not think it through? Duh I told you, you don't have the first idea about taxes.

The rest of your post is equally ridiculous. Yes, the 50% of the country who don't pay taxes won't benefit from any changes and people who pay $1,000 in taxes can't possibly get to keep as much as people paying millions. The entire premise of your argument is absurdly fallacious in a typically liberal manner to project their bubble on the real world.

The archaic, absurd, ambiguous 500,000 tax code which no one understands needs a total rewrite. You had 8 years of Obama and 8 years of Bill Clinton and you did not move a finger. Now it's too late to whine, a simple progressive tax code that Trump advocates will eliminate loopholes, tax breaks and deductions for the rich and them the rich will pay a disproportionately high share of the tax burden. Rejoice and enjoy the ride.

 

Who says the rich are paying their "fair share"? After 8 years of Obama and 8 years of Bill Clinton administrations, they don't even come close to paying their fair share. Lest we forget that after all these decades of democrats in power the income inequality between the rich and the rest is through the roof which means, they pocket an enormously high and growing share of the American pie and pay less taxes on it.

Trump has a chance to fix at least some of it or at least get the ball rolling. Needless to say Hillary, being the quintessential establishment creature would just exacerbate the problem, just like Obama has.

 

Saying the same things over and over doesn't make them any more intelligent. Nobody is whining, nor will Trump significantly rewrite or simplify the tax code. What he and the Republicans will do is cut rates and make the rich much richer and vastly increase the national debt.

And yes dude I do know a bit about taxes. I have done my own both personally and for my business for a long time and probably pay more in a year than you earn.

And nobody if you taxed wealth would worry about a thousand in the bank or buying a microwave. That is just a stupid arguement that proves your inability to have an intelligent discussion.

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Guess you didn't bother to read the Forbes article on the effects of Trump's tax plans. Or maybe you just didn't understand them or think Steve Forbes is a closet leftie.