Report: Tax Returns of the Top 25 Wealthiest in America

[Ivanstone]

This is your argument, so to throw your hands up and say, "who knows" is a bit of a problem.

I did 5 minutes of work for a complex problem. Its a lot easier to be a shit throwing chimpanzee. Which route did you take?

[Machismo]

Is there a reason you keep dodging the central point, that a wealth tax, by definition, only affects those above a certain (high) wealth level to begin with?

Again, the Sanders/Warren proposal started that line at $20 million.

Yes, without sufficient income, your wealth might shrink a bit at a time until you dip below that $20m mark. But then it'd stop. That's how it works.

Oh, I'm not dodging, you guys just don't like me bringing up that this is all about punishing the wealthy.

[Ripster42]

Is there a reason you keep dodging the central point, that a wealth tax, by definition, only affects those above a certain (high) wealth level to begin with?

Again, the Sanders/Warren proposal started that line at $20 million.

Yes, without sufficient income, your wealth might shrink a bit at a time until you dip below that $20m mark. But then it'd stop. That's how it works.

The Warren proposal I saw started at $50m (with another bump @ $1b). I could have missed a different one.

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Oh, I'm not dodging, you guys just don't like me bringing up that this is all about punishing the wealthy.

Taxation isn't punishment.

[Machismo]

I did 5 minutes of work for a complex problem. Its a lot easier to be a shit throwing chimpanzee. Which route did you take?

This is the narrative you are trying to push. If you are going to push an agenda like this, then you better be able to answer simple questions based on your feelings on the matter.

[jonnysensible]

Oh, I'm not dodging, you guys just don't like me bringing up that this is all about punishing the wealthy.

how is paying your fair share punishment? You do realize that the wealthy benefit the most from a stable society right?

[Ripster42]

Yeah, might to say the exemption was too high. My bad.

Sorry for being snooty.

[Machismo]

The Warren proposal I saw started at $50m (with another bump @ $1b). I could have missed a different one.

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Taxation isn't punishment.

Then, those tens of millions of people with 401k plans won't be punished when their plans get taxed every single year.

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how is paying your fair share punishment? You do realize that the wealthy benefit the most from a stable society right?

What exactly is "your fair share?"

[Fugus]

Sorry for being snooty.

Nah, your good, better than having people think I wanted it to be a higher exemption.

Edit: Off to bed for me, later guys.

[Ripster42]

Then, those tens of millions of people with 401k plans won't be punished when their plans get taxed every single year.

There aren't even a hundred thousand people who have more than $50m in the US. Where are these tens of millions of people with 401k plans that have more than $50m dollars?

[Machismo]

There aren't even a hundred thousand people who have more than $50m in the US. Where are these tens of millions of people with 401k plans that have more than $50m dollars?

Once again, you said taxation isn't punishment, those 401k plans aren't stopping someone from eating (your other attempt at an argument).

[Endus]

Oh, I'm not dodging, you guys just don't like me bringing up that this is all about punishing the wealthy.

I have debunked that particular little quip twice now, and you've dodged it both times.

You don't have an argument based on reason. You just have these Trumpian little quips that don't actually mean anything.

[Machismo]

I have debunked that particular little quip twice now, and you've dodged it both times.

You don't have an argument based on reason. You just have these Trumpian little quips that don't actually mean anything.

Your goal is double taxation on the wealthy. How many people do we see talking about 3rd yachts, and what not?

This is literally having them liquidate funds, to pay for assets they have owned for years.

That is a shitty precedent to set. It's not about "hard times" it's about punishment.

[Endus]

Your goal is double taxation on the wealthy. How many people do we see talking about 3rd yachts, and what not?

This is literally having them liquidate funds, to pay for assets they have owned for years.

That is a shitty precedent to set. It's not about "hard times" it's about punishment.

Nope.

Repeating this particular lie over and over is never gonna make it true, any more than ranting about the mass media being "fake news" came true. Truth does not come about through repetition. It's just you being unwilling or unable to deal with the truth of someone's argument, so you lie about it and substitute your lie for their truth.

[Ripster42]

Once again, you said taxation isn't punishment, those 401k plans aren't stopping someone from eating (your other attempt at an argument).

Once again:

You seem to misunderstand... likely on purpose. I cannot really help you with that,
.

[Machismo]

Nope.

Repeating this particular lie over and over is never gonna make it true, any more than ranting about the mass media being "fake news" came true. Truth does not come about through repetition.

How many people have you seen dehumanizing them, bringing up third yachts, and saying they can afford it, so it's fine.

This forced them to maintain liquid assets to pay for having investments. For Bezos, that means almost $4 billion a year in liquid assets, just for "upkeep. That means he has to sell stock in his own company to pay... for his company being successful.

It's fucking stupid.

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Once again:

Spamming that doesn't make it any more true.

[Zaktar]

Your goal is double taxation on the wealthy. How many people do we see talking about 3rd yachts, and what not?

This is literally having them liquidate funds, to pay for assets they have owned for years.

That is a shitty precedent to set. It's not about "hard times" it's about punishment.

It's about trying to address the imbalances which have arisen in our society. I don't doubt you can find angry people who want to punish the wealthy, but if we're talking about the average voter, don't make me laugh. We care a lot less about punishment and a lot more about trying to help our society function better.

[Machismo]

It's about trying to address the imbalances which have arisen in our society. I don't doubt you can find angry people who want to punish the wealthy, but if we're talking about the average voter, don't make me laugh. We care a lot less about punishment and a lot more about trying to help our society function better.

The average voter wants free shit, and wants someone else to pay for it.

[Ripster42]

Oh, I'm not dodging, you guys just don't like me bringing up that this is all about punishing the wealthy.

Well, this one is going to add some variety I guess:

Spamming that doesn't make it any more true.

[gondrin]

Your goal is double taxation on the wealthy. How many people do we see talking about 3rd yachts, and what not?

This is literally having them liquidate funds, to pay for assets they have owned for years.

That is a shitty precedent to set. It's not about "hard times" it's about punishment.

Well, we do have property taxes which is basically a rent on property you own outright. And it is taxed every year and to pay for it, you need to have some form of liquidity to do so. That is the part of the price someone has to pay to live in a society with others as that money goes to infrastructure.

[Machismo]

Well, we do have property taxes which is basically a rent on property you own outright. And it is taxed every year and to pay for it, you need to have some form of liquidity to do so. That is the part of the price someone has to pay to live in a society with others as that money goes to infrastructure.

We don't have taxes just for having a 401k (or simply owning stocks).

Should they be taxed every year?