Top income brackets should be taxed at 99%.

In part, due to dangerous conditions, and as minors, consent.

What does child labor have to do with the subject?

 

Bit excessive eh?

 

Because they work on fixing the medians...

 

No, actually we all aren't victims of 'privilege. They cannot force you to work, or produce.

And the same can be said of any person, but some seemed to have found a way to make themselves/their production worth enough to provide for a comfortable lifestyle, without begging anyone's permission to do so.

Right.

The are providing (do I really need to say this?) real estate. They either sell it or lease it to make an income. Exactly what is wrong with that? Why should someone else use for no charge, something that is owned by someone else?

I don't know what you do, but I have never asked someone for 'permission' to work or shop. Accessing public services, though 'public' is a misnomer considering someone owns the facilities, and as to infrastructure, you can use and public piece of land to walk your way to where you are going, if you don't like the idea of paying for paved roads.

You mean like bankers, who aren't my favorite group either, who loan money* so people can buy all sorts of stuff, even when they can afford to pay for it, technically keep citizens money* secure so other people cannot steal it? And for those services, you feel people should not have to pay something?

*Fiat currency

 

How much were children paid compared to adults?

 

Pennies, if at all.

Are children under the age of 14 permitted to work in any industry today, with possible exception of some agriculture work?

 

The problem is which income are you taxing. Lots if not most small businesses even medium size are taxed through the owners tax returns, pass through taxation. What are you going to apply your flat tax rate to gross revenue? Gross revenue is a long way from net income. A business can have gross revenues and still LOSE money.

 

At least he hasn't resorted to the tried and true "BOVINE EXCREMENT!" deflection.

 

Which monkey was the CEO.

Now do a video with one monkey working, and the other monkey sitting on his ass and pay them the same.

Let's see the result there.

 

I had a paper route when I was 12...

 

The discussion is about individuals, so let's keep it there for now.

Businesses are another matter altogether, although I don't agree with your characterization of how they're taxed.

My business taxes have always been separate from my personal taxes...

 

As did I. It was actually considered self employment because you used your own transportation, did it on your own schedule, and all the paper company did was provide the material to be delivered, but still required parental consent.

 

Depends on how your entity was formed and filed. But I digress.

 

I don't know anyone who owns a company and has it tied directly to his personal finances and taxes.

That's insane...

 

LLC, quite a popular entity, which provides some legal shielding, but skips some of the federal taxation. K-1s are issued to the members, and they report the flow through on their personal taxes.

 

If my businesses went under tomorrow, my personal assets are protected 100%...

 

In other words, when it comes to Ordinary Income, the money you earn from performing your job, should not be taxed equally or fairly. One person's earnings should be taxed more only because they earn more? Maybe they work more hours, went to college and earned a degree allowing them to get a higher paying job. And for that hard work and education they should give more money to the Federal Government? While other wages earners pay little to nothing and possibly be given a tax refund?

Wait till the millennial Harvard, Georgetown, Berkley Grads get a job with a good salary but find their cost of living and College loans and taxes take everything they earn. Perhaps then they will change their minds on Socialism and the Democrats ideas.

When it comes to Ordinary Income, look up the meaning of you don't know. We should all pay the same percentage of our income.

Did you know when Federal Income Tax was first enacted it was suppose to be temporary. It was a very small percentage and enacted to help pay for the war.
Nothing is Temporary when it comes to Goverment taxes or fees. Just look at roll roads. Always said to be temporary until the road is paid for. But it never ends. Illinois till roads are a great example, sure every State is the same.

Get rid of the Department of Education because Schools were better before it and our schools are worse since Fed Gov.butted in. Increase Capital gains tax if you want to make-up for a flat tax. Capital gains are an indication of wealth. Lower and lower middle class have little capital gains other than when they sell their home for more than they bought it for. Retirement account earnings are treated differently. But you will still owe tax when you take they money, but it is not Ordinary Income.

The very wealthy take little ordinary income and live off of their investments. Something most of us can't do until perhaps we retire with a large retirement fund.

 

Or inherited a family business or assets... But to answer your question, all earnings should be taxed extremely progressively in my opinion. We can lower the overall rate by introducing a vat.

No one should get money back at the end of the year unless they overheld.

Perhaps, many people base their ideals based on what benefits them directly and screw everyone else — so you are probably correct.

I disagree

I did, we paid for government expenditures via tariffs and taxes on products and goods. People were also large families that farmed for their food and just died with relatively simply medical complications.

I don’t have a toll road within several hundred miles of me. I can count the number I have driven across on one hand.

All recurring income should be classified as ordinary. People that live off of capital gains should be taxed at their income bracket.

Which is why it should all be taxed the same.

 

Agree with most of what you posted.

 

You should look up pass-through entities.
I file two separate schedule K returns for one s-corp and an LLCS.
Our LLC is single member.

You have a business that generates $15M and you don't know what a schedule K is?
That’s insane...

 

Would it be fair to say that those children being paid a pittance were being ruthlessly EXPLOITED by those corporations given that they were making profits out of that child labor?

 

Lol, ok

Not surprised, at all.

Never seen a “professional photographer and writer” with $13M a year income from a factory overseas.


Pathetic lies

Your bike pictures are nice though so props for that.

 

That could depend on the Subject Matter of those photographs and writings and having a need for an overseas factory. There is at least profession where that kind of money could be made from those kind of photographs and writings.

 

ok? A Trust will do that too.

 

I don't believe anyone is arguing that point.

But that is also not occurring in this country in current day. Many overseas factories are now also held accountable for their labor practices, including by US consumers. Here's a list of some companies that violate the child labor agreements.

https://www.careeraddict.com/10-companies-that-still-use-child-labor