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by Trumptonium1 » Fri Feb 08, 2019 4:18 pm
by Diarcesia » Fri Feb 08, 2019 4:32 pm
Saiwania wrote:Klorgia1 wrote:Any chance we could get a Other/Undecided choice in the poll?
I view this position as perhaps legitimizing indecisiveness. I really want to get a sense for if someone is more in favor or against raising taxes on the wealthy in general. I suppose I can add it in if there is enough demand for it, but this would reset the poll.
by Aclion » Fri Feb 08, 2019 5:53 pm
by Ifreann » Fri Feb 08, 2019 6:00 pm
Telconi wrote:Ifreann wrote:I'm surprised that you aren't aware that the US government has previously had tax rates that high before. Under Republicans.
America actually does tax its citizens who live abroad. For the rich to escape this tax they would have to renounce their US citizenships.
It's possible to disapprove of a policy despite previous implementation.
by Diarcesia » Fri Feb 08, 2019 6:02 pm
Ifreann wrote:The New California Republic wrote:Neither have I tbh. When I saw the thread title I assumed it was going to be discussing pranks on wealthy people.
My thought was soaking the rich in blood a la those PETA "Fur is murder" stunts.Telconi wrote:
It's possible to disapprove of a policy despite previous implementation.
I'm sure it is, but to call a Republican policy "Pinko nonsense" is...something strange.
by The Galactic Liberal Democracy » Fri Feb 08, 2019 6:03 pm
Ifreann wrote:I'm sure it is, but to call a Republican policy "Pinko nonsense" is...something strange.
Cossack Khanate wrote:This shall forever be known as World War Sh*t: Newark Aggression. Now if I see one more troop deployed, I will call on the force of all the Hindu gods to reverse time and wipe your race of the face of the planet. Cease.
The Black Party wrote:(TBP kamikaze's into all 99999999999 nukes before they hit our territory because we just have that many pilots ready to die for dah blak regime, we also counter-attack into your nation with our entire population of 45 million because this RP allows it.)
El-Amin Caliphate wrote:Galatic Liberal Democracy short-circuits all of NS with FACTS and LOGIC
by Saiwania » Fri Feb 08, 2019 6:17 pm
by Ifreann » Fri Feb 08, 2019 6:28 pm
Saiwania wrote:I can't speak for if Republicans were in favor at the time, but FDR signed the Revenue Act of 1935 into law. It became popularly known back then as the "soak the rich" tax. This introduced a "wealth tax" which took up to 75% of the highest incomes. It was revised in 1937 to increase its effectiveness.
Throughout the 1940s there were some tax increases and the highest I've seen to date is the 1954 tax act which had a combined rate of 91% for people whose income level was at $200,000 or more. In today's money, this was equivalent to around $3.8 million.
by The Galactic Liberal Democracy » Fri Feb 08, 2019 6:33 pm
Cossack Khanate wrote:This shall forever be known as World War Sh*t: Newark Aggression. Now if I see one more troop deployed, I will call on the force of all the Hindu gods to reverse time and wipe your race of the face of the planet. Cease.
The Black Party wrote:(TBP kamikaze's into all 99999999999 nukes before they hit our territory because we just have that many pilots ready to die for dah blak regime, we also counter-attack into your nation with our entire population of 45 million because this RP allows it.)
El-Amin Caliphate wrote:Galatic Liberal Democracy short-circuits all of NS with FACTS and LOGIC
by Bear Stearns » Fri Feb 08, 2019 6:38 pm
by The Galactic Liberal Democracy » Fri Feb 08, 2019 6:40 pm
Bear Stearns wrote:what would happen if the state of new jersey had a nuclear arsenal and used it on other states
Cossack Khanate wrote:This shall forever be known as World War Sh*t: Newark Aggression. Now if I see one more troop deployed, I will call on the force of all the Hindu gods to reverse time and wipe your race of the face of the planet. Cease.
The Black Party wrote:(TBP kamikaze's into all 99999999999 nukes before they hit our territory because we just have that many pilots ready to die for dah blak regime, we also counter-attack into your nation with our entire population of 45 million because this RP allows it.)
El-Amin Caliphate wrote:Galatic Liberal Democracy short-circuits all of NS with FACTS and LOGIC
by Bear Stearns » Fri Feb 08, 2019 6:47 pm
Ifreann wrote:The New California Republic wrote:Neither have I tbh. When I saw the thread title I assumed it was going to be discussing pranks on wealthy people.
My thought was soaking the rich in blood a la those PETA "Fur is murder" stunts.Telconi wrote:
It's possible to disapprove of a policy despite previous implementation.
I'm sure it is, but to call a Republican policy "Pinko nonsense" is...something strange.
by Bear Stearns » Fri Feb 08, 2019 6:48 pm
by Tobleste » Fri Feb 08, 2019 7:20 pm
Trollzyn the Infinite wrote:I'm all for increasing taxes on the rich, but 70%? 80%? Fucking 90%!? That's not tax; that's outright theft. Pinko nonsense. People have a right to their income, and the government has the right to a fraction of said income. Obviously it should be higher the wealthier you are, but not to such an extreme degree. All that will do is drive wealthy people to leave the country; which isn't a good thing, because then you can't tax them at all and rich people actually do contribute quite a bit to society as much as the average Socialist would like to believe otherwise.
by Vetalia » Fri Feb 08, 2019 7:35 pm
by Wabberjocky » Fri Feb 08, 2019 7:40 pm
by Ifreann » Fri Feb 08, 2019 7:41 pm
Vetalia wrote:One thing people forget when they talk about the higher marginal brackets in the 1950's and 1960's in the United States is that deductions were much more aggressive than they are today; while the nominal brackets were a lot higher, they were offset by those deductions so that the effective tax rate for high earners was closer to 45% or so and far lower with aggressive tax planning.
In fact, that's the reason for the original imposition of the AMT; certain super-wealthy filers weren't paying anywhere near the stated rates and some weren't paying any tax at all!
So maybe a top tax bracket today of 45% would be reasonable?
by Vetalia » Fri Feb 08, 2019 7:44 pm
Ifreann wrote:Maybe eating the rich would be reasonable.
by Pasong Tirad » Fri Feb 08, 2019 8:46 pm
Cedoria wrote:Forget 'Soak the Rich'. Eat the Rich works better.
by The Black Forrest » Mon Feb 11, 2019 1:37 pm
by Ethel mermania » Mon Feb 11, 2019 2:19 pm
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