Our server costs ~$56 per month to run. Please consider donating or becoming a Patron to help keep the site running. Help us gain new members by following us on Twitter and liking our page on Facebook!
Current time: December 19, 2025, 8:52 am

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Who will swallow the Corona virus debt? The rich or the poor?
#13
RE: Who will swallow the Corona virus debt? The rich or the poor?
(November 23, 2020 at 11:53 am)Greatest I am Wrote:
(November 22, 2020 at 2:05 pm)Aegon Wrote: Taxation causes poverty? So it ain't the $7.25 minimum wage., abhorrently high healthcare costs, >$1 trillion of student loan debt, lack of high-quality K-12 public education, and the ever-increasing prices of goods and services coupled with stagnant wages?

But the tax code definitely needs changing. It is absurd that folks who report between $40k and $80k pay 22% rate while someone who reports over $1 million only pays 37%. Taxing the latter group more and the former group less sounds good to me.

Of course there are other factors in the present systems that encourage poverty.

That is not relevant to what I put.

Taxation can determine minimum income laws and where the poverty line is.

It is foolish to complain that the rich are not taxed enough, which controls how rich or less rich they will be, while denying that the poor's income is decided by the same laws and tax code do the same thing. Right?

If not, what is different, other than the amount of wealth to each group?

Regards
DL

..no? Not at all? You haven't demonstrated taxation actually determines wealth. Because it doesn't.
[Image: nL4L1haz_Qo04rZMFtdpyd1OZgZf9NSnR9-7hAWT...dc2a24480e]
Reply



Messages In This Thread
RE: Who will swallow the Corona virus debt? The rich or the poor? - by Aegon - November 23, 2020 at 12:12 pm

Possibly Related Threads...
Thread Author Replies Views Last Post
  Donald Trump is Poor DeistPaladin 55 7560 October 2, 2020 at 6:12 am
Last Post: The Grand Nudger
  Rename the virus. Brian37 43 6883 March 30, 2020 at 9:37 am
Last Post: Mr Greene
  Pence goes on "Poor Me" tour.... Brian37 52 6854 May 13, 2019 at 6:00 pm
Last Post: Brian37
  Poor Mark Zuckerberg popeyespappy 4 1068 July 26, 2018 at 4:26 pm
Last Post: Angrboda
  Poor Ivanka, shuts down her name brand. Brian37 7 2068 July 25, 2018 at 4:39 pm
Last Post: Shell B
  Oh, The Unhappy Rich, White, Motherfuckers! Minimalist 4 1362 July 1, 2018 at 3:18 pm
Last Post: brewer
  Rich bitching once again. Brian37 15 3306 March 23, 2018 at 9:46 pm
Last Post: Minimalist
  Oh, Poor Larry Nassar Feels Uncomfortable Hearing His Victims' Testimony Shell B 97 19007 February 3, 2018 at 7:14 pm
Last Post: Catholic_Lady
  For Rich Fetuses Only, Though Minimalist 50 12890 November 6, 2017 at 3:09 pm
Last Post: Mystical
  Poor Kathy Griffin Paraselene 83 38079 July 10, 2017 at 6:48 pm
Last Post: Court Jester



Users browsing this thread: 1 Guest(s)