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Kamala Harris for Pres

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Then it wouldn't be a flat tax.


The concern is less about how much the wealthier people are taking home and more about how much the poor people are not under a flat-tax scenario.
You understand what I’m getting at though. Eliminate the loopholes. Make it easy. It doesn’t need to be as complicated as it does. I don’t think it’s necessarily good for the lowest earners to pay nothing either. Everybody has to be involved for this thing to work. The wealthy already pay the vast majority of taxes in this country (as they should). And honestly, who’s making $20k a year? Taco Bell is hiring at $22/hr by me. That’s $40k a year to work fast food in a non managerial spot.
 
Then it wouldn't be a flat tax.
LMFAO!

Good post.

It’s amazing how many people rant against progressive taxation and regurgitate the same tired tropes about flat tax. Only to agree that flat taxes suck, won’t cover our country’s basic needs, and disproportionately hurt the poor, only to suggest… wait for it… Progressive taxation.

And when they talk about “closing the loopholes”, they don’t understand that in order to do that there will need to be a massive overhaul of the IRS in order to enforce the new tax laws. An institution that is gutted by Republicans.

Want to hit the tax cheats? Then beef up the IRS. Give them the resources to go after cheats like Donald Trump.
 
Oh noes, the stock market
The stock market tripled under Obama and has hit record highs under Biden. If their economic policy is destroying the stock market, then keep it comin! If Democrats are all about communism, then keep the communism coming! My 401k and stock portfolio has never looked so damn good!
 
The GOAT

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It's debatable, but you can make a case. Side tangent: A lot of Presidents had a signature line they are remembered for, something that should appeal to the better angels of our nature as Americans, remind us we are countrymen, and what we should value as Americans.

Kennedy: "Ask not what your country can do for you, but what you do for your country!"
Reagan: "Mr. Gorbachev, tear down this wall!"
FDR: "The only thing we have to fear is fear itself!"
Obama: "Yes. We. Can!" (Also, "there is nothing false about hope." remains a personal favorite).
Teddy: "Speak softly, but carry a big stick!"
Lincoln: "..that this nation, under God, shall have a new birth of freedom -- and that government of the people, by the people, for the people, shall not perish from the earth."

Of course, we have some buffoons as well.

Nixon: "I am not a crook!"
LBJ: "I will not accept the nomination of my party."
Trump: "Grab 'em by the *****!"

Good times.
 
Side note: Watching a few recaps, I forgot just how good Obama was on the stick.
And he was attacked relentlessly for over 8 years by RW media.

Glenn Beck said that he had a deep seated hatred of white culture.
Dnesh D’Souza made a movie claiming that he was a Manchurian candidate and that his father hated western democracies because of colonialism or something stupid.
Countless pastors and priests called him the anti-Christ only to worship Trump a few years later.
I remember Utah parents calling into my school to bitch and excuse their children out of school when he was going to address children in America going back to school. Cuz… he might say something inappropriate. Weird how nothing like that happened between 2017-2021.

Anyone else remember the Obama voo doo medicine man posters? Or the Obama joker posters? Or the obamas with Michelle posters as they were depicted as gorillas? So much “economic anxiety!”

Remember how he wasn’t American cuz his dad was from Kenya?
Remember the tan suit?
What about the death panels?! Has government killed Granny yet? And the socialism! So much socialism! And communism!

So basically the same lame *** attacks we see daily on Harris were used on Obama. Cuz black and Democrat. Woke socialism is anything I, a true conservative Republican, don’t like. Or something.
 
LMFAO!

Good post.

It’s amazing how many people rant against progressive taxation and regurgitate the same tired tropes about flat tax. Only to agree that flat taxes suck, won’t cover our country’s basic needs, and disproportionately hurt the poor, only to suggest… wait for it… Progressive taxation.

And when they talk about “closing the loopholes”, they don’t understand that in order to do that there will need to be a massive overhaul of the IRS in order to enforce the new tax laws. An institution that is gutted by Republicans.

Want to hit the tax cheats? Then beef up the IRS. Give them the resources to go after cheats like Donald Trump.
I mean, it doesn’t need to be complicated. You make this, you pay this. Period.

Or, I guess we could continue to hire more people to sic em after people we don’t like with a lot of ambiguous rules designed to favor those who have enough money to hire somebody who knows the most about it. Tough choice!
 
The stock market tripled under Obama and has hit record highs under Biden. If their economic policy is destroying the stock market, then keep it comin! If Democrats are all about communism, then keep the communism coming! My 401k and stock portfolio has never looked so damn good!
I’ve asked for anybody to explain how taxing unrealized capital gains makes sense and so far no takers, would you care to be the first? Maybe talk about actual proposed policy rather than the ranting word salad you do?
 
$$$
There’s a 64% probability that Kamala Harris will win this November’s presidential election, given the stock market’s strong year-to-date performance.

This is moderately higher than the 58% probability I reported in a column this past May. That’s because the stock market is higher now than it was then, and there is a significant correlation between the stock market’s election-year performance and the incumbent party’s chances of retaining the White House.
 
I’ve asked for anybody to explain how taxing unrealized capital gains makes sense and so far no takers, would you care to be the first? Maybe talk about actual proposed policy rather than the ranting word salad you do?
Maybe it doesn't make sense and will never go into effect. Cool cool.
Certainly doesn't make sense to me. Can't make sense because I have no idea what a capital gain is in the first place.

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