Trump MAGAthread X - Follow the Money

[Northern Davincia]

This is weapons grade horse shit. Nobody says "Hmm I don't want to pay 15% higher taxes for taking this job that pays four times as much. I'd rather just be poor than pay taxes".

You know a French Aristocrat in 1789 would do this. Owait they paid no taxes whatsofuckingever.

Must I reveal my shrine to Carnegie and Rockefeller?

This is weapons grade horse shit. Nobody says "Hmm I don't want to pay 15% higher taxes for taking this job that pays four times as much. I'd rather just be poor than pay taxes".

Pretty much. I really don't even think about the income tax when I take a high paying job. All I think about is if I can pay my fucking bills

You'd have a better time paying your bills if you paid less in taxes.

[Soldati Senza Confini]

For what reason?

It establishes an artificial favoritism to large corporations and punishes small businesses. Additionally, it dissuades individuals from seeking high-paying jobs or from innovating.

I don't know about you, but I'm happy with a high-paying job if it keeps food on my table and it lets me get a few luxuries here and there.

[The Black Forrest]

For what reason?

It establishes an artificial favoritism to large corporations and punishes small businesses.

Favoring wealth is artificial?

Additionally, it dissuades individuals from seeking high-paying jobs or from innovating.

Liar liar pants on fire. Unless of course you have proof.

[Collatis]

You'd have a better time paying your bills if you paid less in taxes.

So you've given up on defending your ridiculous claim that the income tax "dissuades individuals from seeking high-paying jobs"?

[Austria-Bohemia-Hungary]

You know a French Aristocrat in 1789 would do this. Owait they paid no taxes whatsofuckingever.

Must I reveal my shrine to Carnegie and Rockefeller?

You have no fucking idea how bad extreme regressive taxation without proper representation was in 1789 if you are comparing the French Aristocracy then to Rockefeller.

[Camicon]

And making slightly less profit is enough to make companies say "fuck it" and leave the US? No. Not even close.

How much do you believe is an acceptable corporate tax rate?

Not relevant. We're not talking about what is, or is not, an acceptable corporate tax rate. I am simply making the point that a company which generates billions of dollars in profit from the American market is not going to abandon said market because the corporate tax rates increases, and they start making slightly fewer billions of dollars in profit.

[Thermodolia]

Pretty much. I really don't even think about the income tax when I take a high paying job. All I think about is if I can pay my fucking bills

You'd have a better time paying your bills if you paid less in taxes.

Somehow I doubt that.

[Post War America]

This is weapons grade horse shit. Nobody says "Hmm I don't want to pay 15% higher taxes for taking this job that pays four times as much. I'd rather just be poor than pay taxes".

Pretty much. I really don't even think about the income tax when I take a high paying job. All I think about is if I can pay my fucking bills

You'd have a better time paying your bills if you paid less in taxes.[/quote]

Again that fails basic economics. Because while your take home pay might increase slightly, things that would be payed for collectively by the state are now handed over to for profit interests, which will cost more.

[Corrian]

You know, if I wasn't worthless, no matter what a tax is, I am going to seek a high paying job...I kinda like money.

Hell, I am thinking of doing manual labor work solely because it pays better. And honestly I think I'd enjoy it more than torturing myself with customer service every day.

[Thermodolia]

You know, if I wasn't worthless, no matter what a tax is, I am going to seek a high paying job...I kinda like money.

Hell, I am thinking of doing manual labor work solely because it pays better. And honestly I think I'd enjoy it more than torturing myself with customer service every day.

I will never take a customer service job or a desk job, even if it pays good. Manual labor and outside work is my thing

[Corrian]

You know, if I wasn't worthless, no matter what a tax is, I am going to seek a high paying job...I kinda like money.

Hell, I am thinking of doing manual labor work solely because it pays better. And honestly I think I'd enjoy it more than torturing myself with customer service every day.

I will never take a customer service job or a desk job, even if it pays good. Manual labor and outside work is my thing

One of the first things I tried to get was a $12 an hour (to start, said it could go up to $15) paddle making job.

Minimum wage is $11 by the way.

[Corrian]

Despite Health Care Worries, Trump Voters Don't Regret Their Choice

Of course they don't, because no matter how many times they're blatantly shown to be screwed over by things TRUMP ACTIVELY SUPPORTS, they worship him.

Can't even feel bad for them anymore.

[Vassenor]

Despite Health Care Worries, Trump Voters Don't Regret Their Choice

Of course they don't, because no matter how many times they're blatantly shown to be screwed over by things TRUMP ACTIVELY SUPPORTS, they worship him.

Can't even feel bad for them anymore.

But the liberal tears...

[Northern Davincia]

Must I reveal my shrine to Carnegie and Rockefeller?

You have no fucking idea how bad extreme regressive taxation without proper representation was in 1789 if you are comparing the French Aristocracy then to Rockefeller.

I am well aware of the mortal sins of the French government in that era. However, in the proposed tax plan in modern day America, the rich are still paying more than the rest of us, rather than nothing.

How much do you believe is an acceptable corporate tax rate?

Not relevant. We're not talking about what is, or is not, an acceptable corporate tax rate. I am simply making the point that a company which generates billions of dollars in profit from the American market is not going to abandon said market because the corporate tax rates increases, and they start making slightly fewer billions of dollars in profit.

It is relevant. The more you increase the corporate tax rate, the more you encourage businesses to flee the country or simply fail. Eventually all you are left with is the government and mega corporations.

Again that fails basic economics. Because while your take home pay might increase slightly, things that would be payed for collectively by the state are now handed over to for profit interests, which will cost more.

They would not automatically cost more. They tend to cost more when they have the ability to soak up government money without consequence.

[Soldati Senza Confini]

Despite Health Care Worries, Trump Voters Don't Regret Their Choice

Of course they don't, because no matter how many times they're blatantly shown to be screwed over by things TRUMP ACTIVELY SUPPORTS, they worship him.

Can't even feel bad for them anymore.

I have nothing to lose since I don't even have health insurance

However, I don't feel sorry for them either. They chose this.

[Petrasylvania]

Despite Health Care Worries, Trump Voters Don't Regret Their Choice

Of course they don't, because no matter how many times they're blatantly shown to be screwed over by things TRUMP ACTIVELY SUPPORTS, they worship him.

Can't even feel bad for them anymore.

But the liberal tears...

That's an even bigger epidemic than opioids, because there's no money involved so they can do liberal tears any time they want.

[Petrasylvania]

Tax cuts would be helpful for me, so I am naturally partial to seeing them passed. I might not be a millionaire but my self-interests require a victory here.

Will it still be a victory when state and local income tax credits as well as deductions including mortgage interest, medical and student loans are eliminated?

You didn't address this at all. Are the tax cuts a victory when the rich can easily shrug off the deductions and tax credits being eliminated compared to middle class and temporarily embarrassed millionaires?

[Camicon]

Not relevant. We're not talking about what is, or is not, an acceptable corporate tax rate. I am simply making the point that a company which generates billions of dollars in profit from the American market is not going to abandon said market because the corporate tax rates increases, and they start making slightly fewer billions of dollars in profit.

It is relevant. The more you increase the corporate tax rate, the more you encourage businesses to flee the country or simply fail. Eventually all you are left with is the government and mega corporations.

A company is not going to leave a market if they are making less profit, because if they leave the market then they are making no profit.

[Northern Davincia]

Will it still be a victory when state and local income tax credits as well as deductions including mortgage interest, medical and student loans are eliminated?

You didn't address this at all. Are the tax cuts a victory when the rich can easily shrug off the deductions and tax credits being eliminated compared to middle class and temporarily embarrassed millionaires?

The middle class ought to be a bit wiser when seeking medical and student loans. Weaning them off the government is a good thing. As for local income tax credit, the overall rate they pay will be cut regardless.

[Proctopeo]

It is relevant. The more you increase the corporate tax rate, the more you encourage businesses to flee the country or simply fail. Eventually all you are left with is the government and mega corporations.

A company is not going to leave a market if they are making less profit, because if they leave the market then they are making no profit.

They will leave when they make negative profits.

[Great Confederacy of Commonwealth States]

You have no fucking idea how bad extreme regressive taxation without proper representation was in 1789 if you are comparing the French Aristocracy then to Rockefeller.

I am well aware of the mortal sins of the French government in that era. However, in the proposed tax plan in modern day America, the rich are still paying more than the rest of us, rather than nothing.

Not relevant. We're not talking about what is, or is not, an acceptable corporate tax rate. I am simply making the point that a company which generates billions of dollars in profit from the American market is not going to abandon said market because the corporate tax rates increases, and they start making slightly fewer billions of dollars in profit.

It is relevant. The more you increase the corporate tax rate, the more you encourage businesses to flee the country or simply fail. Eventually all you are left with is the government and mega corporations.

Again that fails basic economics. Because while your take home pay might increase slightly, things that would be payed for collectively by the state are now handed over to for profit interests, which will cost more.

They would not automatically cost more. They tend to cost more when they have the ability to soak up government money without consequence.

You're right. This is why places like the Netherlands, Sweden and Germany, with high corporate tax rates, are devoid of business altogether. It's sad, really. No companies whatsoever.

[Vassenor]

You didn't address this at all. Are the tax cuts a victory when the rich can easily shrug off the deductions and tax credits being eliminated compared to middle class and temporarily embarrassed millionaires?

The middle class ought to be a bit wiser when seeking medical and student loans. Weaning them off the government is a good thing. As for local income tax credit, the overall rate they pay will be cut regardless.

...Are you suggesting people should have to make a choice between death and bankruptcy?

[Petrasylvania]

The middle class ought to be a bit wiser when seeking medical and student loans. Weaning them off the government is a good thing. As for local income tax credit, the overall rate they pay will be cut regardless.

...Are you suggesting people should have to make a choice between death and bankruptcy?

Looks like it.

[Northern Davincia]

I am well aware of the mortal sins of the French government in that era. However, in the proposed tax plan in modern day America, the rich are still paying more than the rest of us, rather than nothing.

It is relevant. The more you increase the corporate tax rate, the more you encourage businesses to flee the country or simply fail. Eventually all you are left with is the government and mega corporations.

They would not automatically cost more. They tend to cost more when they have the ability to soak up government money without consequence.

You're right. This is why places like the Netherlands, Sweden and Germany, with high corporate tax rates, are devoid of business altogether. It's sad, really. No companies whatsoever.

Those countries still have lower corporate tax rates than the United States.

The middle class ought to be a bit wiser when seeking medical and student loans. Weaning them off the government is a good thing. As for local income tax credit, the overall rate they pay will be cut regardless.

...Are you suggesting people should have to make a choice between death and bankruptcy?

No.

[Petrasylvania]

...Are you suggesting people should have to make a choice between death and bankruptcy?

No.

You also want the AHCA repealed, which will revert healthcare to when there were lifetime caps, preexisting condition bans, and fraudulent "cheap" insurance that do not cover serious injuries and ailments. Combine that with the elimination of tax credits and deductions that benefit the middle class the most, you are saying they need to choose between bankruptcy and death.