Students To Walk Out During Commencement

[rgc7]

Duck,
Of course all taxes are taxes. However, once I pay taxes on my money, it should be mine to do whatever I like with it. Inheritance tax is a second tax on money that was already taxed. That is double
Taxation, and should not be allowed.
I am not 100% sure, but I believe that there is a law against double taxation ? In a free society,
A government should not be able to confiscate a family house, business, or any thing else after a family
Member dies.
At least we have Trusts so under current law, the government can not confiscate ones estate
That is gifted to a trust before one dies. Now at least I can go out with a middle finger to the Socialist Left
Government and their Tax collectors !

 

[rgc7]

I am correcting my self. I stated that Ivan used the word " Democracy " , I am wrong, Sorry for the error !
He used Meritocracy !
That raises another question how does any one justify taking money from person A who earned it and
Give it to person B who did not earn it ?
If our Society is a Meritocracy, it seem that Person A " Merits " the money.
Person B merits nothing because he did nothing !

 

[Irish Duck]

I am correcting my self. I stated that Ivan used the word " Democracy " , I am wrong, Sorry for the error !
He used Meritocracy !
That raises another question how does any one justify taking money from person A who earned it and
Give it to person B who did not earn it ?
If our Society is a Meritocracy, it seem that Person A " Merits " the money.
Person B merits nothing because he did nothing !

And what will your grandchildren and greatgrandchildren do that will merit your largesse? As to double taxation, that is a point of legalese. You will not be taxed a second time although your estate will (assuming your estate, on the date of death, has a value in excess of $5M. By the way, there is already double taxation. For example, you earn enough money to buy a rental house. When you sell it ten years later, it has appreciated and you have to pay capital gains tax on that.

When all is said and done, I believe in fair taxation for all folks as to active income. This is money that you earn as wages. This should be a minimal tax in order to assist the working poor and the middle class. The tax rate should be higher for passive income such as investments although there should be a line that needs to be determined for when that tax kicks in. Maybe it will be anything more than $100K in passive income annually, maybe it will be a higher or lower number. That is something our representatives can negotiate.

My strong preference would to provide tax breaks for the working poor and the middle class. The wealthy have enough money to be able to afford to pay higher taxes. I have a friend who's compensation package is about $10M a year and no, he doesn't share it with me. I know how he lives and know that he won't be damaged by paying a higher tax rate than I will, he'll still have plenty of money left over. I like the guy but would feel no pity for him if he has to pay a tax rate of 40%. With all of his deductions and tax credits, he would still be receiving at least $7M/ year. By the way since I know someone will ask what makes some "middle class," the answer is I don't know but it certainly doesn't include my friend.

 

[rgc7]

And what will your grandchildren and greatgrandchildren do that will merit your largesse? As to double taxation, that is a point of legalese. You will not be taxed a second time although your estate will (assuming your estate, on the date of death, has a value in excess of $5M. By the way, there is already double taxation. For example, you earn enough money to buy a rental house. When you sell it ten years later, it has appreciated and you have to pay capital gains tax on that.

When all is said and done, I believe in fair taxation for all folks as to active income. This is money that you earn as wages. This should be a minimal tax in order to assist the working poor and the middle class. The tax rate should be higher for passive income such as investments although there should be a line that needs to be determined for when that tax kicks in. Maybe it will be anything more than $100K in passive income annually, maybe it will be a higher or lower number. That is something our representatives can negotiate.

My strong preference would to provide tax breaks for the working poor and the middle class. The wealthy have enough money to be able to afford to pay higher taxes. I have a friend who's compensation package is about $10M a year and no, he doesn't share it with me. I know how he lives and know that he won't be damaged by paying a higher tax rate than I will, he'll still have plenty of money left over. I like the guy but would feel no pity for him if he has to pay a tax rate of 40%. With all of his deductions and tax credits, he would still be receiving at least $7M/ year. By the way since I know someone will ask what makes some "middle class," the answer is I don't know but it certainly doesn't include my friend.

 

[rgc7]

Duck,

I don't know what my descendants may or may not do with the income from my Trust, But they will
Have to follow the terms and restrictions of the Trust, and as the Trust grows in income, taxes must be paid on that income. the Income paid to my charities will increase, and then the beneficiaries will also get increasing sums of income to split among themselves.
Unless I live a lot longer than I think, and do not deteriorate mentally ( I am sure some of my fellow posters may feel that, I already have ? ) , and my investments really blast off to the sky, I doubt that
I will be anywhere near $ 5, 000, 000.
However , I am not talking a Will or a Personal Estate, I am talking a Trust. Once I gift my assets to the Trust, I no longer own those assets, the Trust is a separate entity with a life of its own. So unless my Research into Trusts and my Trust Attorney has given me wrong info. My death has absolutely no relationship to the Trust and there is no probate involved.
While I am alive, I pay the income tax from the trust's income , but when I die, the Trust becomes irrevocable and must then get a new tax ID to continue paying tax on all income.
My understanding is that the $5,000,000 figure does not apply to Trusts. Not that it will matter to me, but my understanding is that there is no limit on the assets that can be gifted to a Trust. The wealthy can set
Up Trusts and give billions of dollars worth of assets to a Trust and avoid both probate and death taxes
That is why people set up Trusts
Once the Trust is dissolved , then and only then , taxes are paid on the assets on the total net worth of the Trust at that time.
As far as your wealthy friend goes, I am sure that he takes advantage of our complex tax laws and avoids paying as much taxes as he legally can. That is why I would like a very simply , understandable,
Fair tax system. Our current system is a maze of legalese.
I think your example of a rental property on double taxation is not accurate ?
1. I buy a rental property for $100,000 that is my net cost.
2. I receive $10,000 gross rental income minus $ 8, 000 expenses so my net income is $ 2,000 net income.
Assuming that I do not depreciate the property, I must pay an Imcome Tax on the rental $ 2,000 net income.
3. After Number of years, I sell the house, my cost basis is my original $100,000 that I invested in the rental
Property.
4. If I have loss and receive a net sale price of $80,000 I have long term net capital loss of $20,000.
5. If I sell for a net sale price of $120,000 , I have a long term Capital Gain.
So in short, I am paying two separate taxes. An income tax and a capital gains tax or ( loss )

With estate taxes
Say I earn $10, 000, 000 net after taxes, I put the money in a bank at today's zero interest rates.
I die and my will goes to probate. After probate, my net will to my heirs is $9,000,000 so deduct
the $5,000,000. My estate is still paying ( inheritance tax ) on money that was already taxed when I earned it.
Even though Income Tax and Inheritance tax have different names, the same money is being taxed twice.

With rental property,
Income is taxed once.
Capital gains is tax once .

 

[rgc7]

Duck,

I don't know what my descendants may or may not do with the income from my Trust, But they will
Have to follow the terms and restrictions of the Trust, and as the Trust grows in income, taxes must be paid on that income. the Income paid to my charities will increase, and then the beneficiaries will also get increasing sums of income to split among themselves.
Unless I live a lot longer than I think, and do not deteriorate mentally ( I am sure some of my fellow posters may feel that, I already have ? ) , and my investments really blast off to the sky, I doubt that
I will be anywhere near $ 5, 000, 000.
However , I am not talking a Will or a Personal Estate, I am talking a Trust. Once I gift my assets to the Trust, I no longer own those assets, the Trust is a separate entity with a life of its own. So unless my Research into Trusts and my Trust Attorney has given me wrong info. My death has absolutely no relationship to the Trust and there is no probate involved.
While I am alive, I pay the income tax from the trust's income , but when I die, the Trust becomes irrevocable and must then get a new tax ID to continue paying tax on all income.
My understanding is that the $5,000,000 figure does not apply to Trusts. Not that it will matter to me, but my understanding is that there is no limit on the assets that can be gifted to a Trust. The wealthy can set
Up Trusts and give billions of dollars worth of assets to a Trust and avoid both probate and death taxes
That is why people set up Trusts
Once the Trust is dissolved , then and only then , taxes are paid on the assets on the total net worth of the Trust at that time.
As far as your wealthy friend goes, I am sure that he takes advantage of our complex tax laws and avoids paying as much taxes as he legally can. That is why I would like a very simply , understandable,
Fair tax system. Our current system is a maze of legalese.
I think your example of a rental property on double taxation is not accurate ?
1. I buy a rental property for $100,000 that is my net cost.
2. I receive $10,000 gross rental income minus $ 8, 000 expenses so my net income is $ 2,000 net income.
Assuming that I do not depreciate the property, I must pay an Imcome Tax on the rental $ 2,000 net income.
3. After Number of years, I sell the house, my cost basis is my original $100,000 that I invested in the rental
Property.
4. If I have loss and receive a net sale price of $80,000 I have long term net capital loss of $20,000.
5. If I sell for a net sale price of $120,000 , I have a long term Capital Gain.
So in short, I am paying two separate taxes. An income tax and a capital gains tax or ( loss )

With estate taxes
Say I earn $10, 000, 000 net after taxes, I put the money in a bank at today's zero interest rates.
I die and my will goes to probate. After probate, my net will to my heirs is $9,000,000 so deduct
the $5,000,000. My estate is still paying ( inheritance tax ) on money that was already taxed when I earned it.
Even though Income Tax and Inheritance tax have different names, the same money is being taxed twice.

With rental property,
Income is taxed once.
Capital gains is tax once .

 

[Mugsyk]

I used to be an avid ND fan. I grew up across the street from the football stadium. I used to work the home games as early as 13 in the parking lots.I've been to well over 150 home games. I volunteered many hours with the Tennis program. This year, I'm done, I will no long support this University. No more hockey, basketball, or football games.

This ND is not the same ND I knew. Not only do they support, but promote the LGBT lifestyle. They give honors, medals, and honorary degrees to those who support abortion, gay marriage, and everything that God has denounced. It's no wonder the Archdiocese of Chicago is planning on removing them as a "Catholic University" and Bishop Cupich refuse to shake Jenkins hand and refused to meet with him.

As far as these students; to Hades with these privileged little ND snowflakes and SHAME on ND for letting them do it. NO WAY would ND have stood by and let that happen when Obama was there. ND is no longer a "Christian" school. They should have their tax exempt status revoked!

ND is dead to me.

The students are the same. YOU aren't. Even Rockne's teams would have turned their backs on the Oligarchy. They literally fist fought the Klan on campus. It's called being Irish. Maybe you should try to get in touch with it.

 

[Walruzz]

 

[echowaker]

Is that bug going on about Mike Brey ?

 

[Irish Duck]

Duck,

I don't know what my descendants may or may not do with the income from my Trust, But they will
Have to follow the terms and restrictions of the Trust, and as the Trust grows in income, taxes must be paid on that income. the Income paid to my charities will increase, and then the beneficiaries will also get increasing sums of income to split among themselves.
Unless I live a lot longer than I think, and do not deteriorate mentally ( I am sure some of my fellow posters may feel that, I already have ? ) , and my investments really blast off to the sky, I doubt that
I will be anywhere near $ 5, 000, 000.
However , I am not talking a Will or a Personal Estate, I am talking a Trust. Once I gift my assets to the Trust, I no longer own those assets, the Trust is a separate entity with a life of its own. So unless my Research into Trusts and my Trust Attorney has given me wrong info. My death has absolutely no relationship to the Trust and there is no probate involved.
While I am alive, I pay the income tax from the trust's income , but when I die, the Trust becomes irrevocable and must then get a new tax ID to continue paying tax on all income.
My understanding is that the $5,000,000 figure does not apply to Trusts. Not that it will matter to me, but my understanding is that there is no limit on the assets that can be gifted to a Trust. The wealthy can set
Up Trusts and give billions of dollars worth of assets to a Trust and avoid both probate and death taxes
That is why people set up Trusts
Once the Trust is dissolved , then and only then , taxes are paid on the assets on the total net worth of the Trust at that time.
As far as your wealthy friend goes, I am sure that he takes advantage of our complex tax laws and avoids paying as much taxes as he legally can. That is why I would like a very simply , understandable,
Fair tax system. Our current system is a maze of legalese.
I think your example of a rental property on double taxation is not accurate ?
1. I buy a rental property for $100,000 that is my net cost.
2. I receive $10,000 gross rental income minus $ 8, 000 expenses so my net income is $ 2,000 net income.
Assuming that I do not depreciate the property, I must pay an Imcome Tax on the rental $ 2,000 net income.
3. After Number of years, I sell the house, my cost basis is my original $100,000 that I invested in the rental
Property.
4. If I have loss and receive a net sale price of $80,000 I have long term net capital loss of $20,000.
5. If I sell for a net sale price of $120,000 , I have a long term Capital Gain.
So in short, I am paying two separate taxes. An income tax and a capital gains tax or ( loss )

With estate taxes
Say I earn $10, 000, 000 net after taxes, I put the money in a bank at today's zero interest rates.
I die and my will goes to probate. After probate, my net will to my heirs is $9,000,000 so deduct
the $5,000,000. My estate is still paying ( inheritance tax ) on money that was already taxed when I earned it.
Even though Income Tax and Inheritance tax have different names, the same money is being taxed twice.

With rental property,
Income is taxed once.
Capital gains is tax once .

rgc, as to the trust, much of it depends upon whether you are setting up a revocable or irrevocable trust. Rather than debate further, let me just say that I don't have a problem with double taxation like you do.

 

[Toby Smart]

The students are the same. YOU aren't. Even Rockne's teams would have turned their backs on the Oligarchy. They literally fist fought the Klan on campus. It's called being Irish. Maybe you should try to get in touch with it.

The students and Rockne never fought the KKK on campus as far as I know. The altercation took place at the train station and at the convention hall where the rally was supposed take place. The Klan were a direct threat to Catholics, Jews, and minorities. The students were Catholics first and political agenda driven snowflakes second. In fact, those students appeared to be grown ups compared to the babies that parade around campuses now. No need to mention that the KKK had the support of many in the Democratic party back then, but I will mention it anyway.

 

[rgc7]

rgc, as to the trust, much of it depends upon whether you are setting up a revocable or irrevocable trust. Rather than debate further, let me just say that I don't have a problem with double taxation like you do.

thanks Duck,
For your imput. It was very interesting, a lot of hard work, researching Trusts in general, and then trying to pin down what was best to serve my needs and desires. It is a very complex legal area of study and ,
If I had studied law, I would have loved to specialize in Trust Law. The whole thing really fascinated me.
You and I don't agree much on politics, taxes, and many other things, but it is always both mentally
Challenging and fun debating with you.
Happy Memorial Day !

 

[Walruzz]

The students and Rockne never fought the KKK on campus as far as I know. The altercation took place at the train station and at the convention hall where the rally was supposed take place. The Klan were a direct threat to Catholics, Jews, and minorities. The students were Catholics first and political agenda driven snowflakes second. In fact, those students appeared to be grown ups compared to the babies that parade around campuses now. No need to mention that the KKK had the support of many in the Democratic party back then, but I will mention it anyway.

You really are an angry person.

 

[Toby Smart]

You really are an angry person.

Why am I angry? Because you disagree? What I stated was fact. That's not being angry. That's setting the record straight. What have I said that was untrue and as you stated..."angry"?

 

[Walruzz]

Why am I angry? Because you disagree? What I stated was fact. That's not being angry. That's setting the record straight. What have I said that was untrue and as you stated..."angry"?

You don't know if I agree with you or not.

Simple fact is, you call people names and treat those with disrespect. You take this stuff personally

 

[Pennick44]

rgc, as to the trust, much of it depends upon whether you are setting up a revocable or irrevocable trust. Rather than debate further, let me just say that I don't have a problem with double taxation like you do.

Let's go for triple taxation.

 

[Pennick44]

You don't know if I agree with you or not.

Simple fact is, you call people names and treat those with disrespect. You take this stuff personally

You pulled that right out of the liberal playbook. If you don't agree with their bs, then you are immorral. Terrible President Obama used that play for 8 pathetic years! Good riddance!

 

[Walruzz]

You pulled that right out of the liberal playbook. If you don't agree with their bs, then you are immorral. Terrible President Obama used that play for 8 pathetic years! Good riddance!

Thinking you and Toby are angry has nothing to do with my politics. By the logic you just used - personal attacks are a "liberal playbook" tactic, you two are the biggest liberals on the board

 

[Toby Smart]

Where is the name calling? You mean "snowflakes"? That's name calling? That's treating people with disrespect? "Snowflakes"? I've heard of everything now.

 

[perseverare]

Where is the name calling? You mean "snowflakes"? That's name calling? That's treating people with disrespect? "Snowflakes"? I've heard of everything now.

the use of a label or 'name calling' is a substitute for the ability to reply with respect or content.
It is an attempt to invalidate the other side or there opinions. In the end it is really ineffective.

 

[Walruzz]

It's pretty clear Penick and Toby are part of the vast liberal fake news conspiracy. They've gone undercover to make conservatives look irrational and intolerant. Portraying good honest conservatives in a bad light. That's a hell of a sneaky play you two.

 

[Toby Smart]

the use of a label or 'name calling' is a substitute for the ability to reply with respect or content.
It is an attempt to invalidate the other side or there opinions. In the end it is really ineffective.

Ever the wise one. Is "snowflake" considered name calling? What about "lefty"? How about "Far right"? That's a term used by the "lefties" to label a particular group in a negative way. Islamic Extremist? Illegal Immigrants? Catholics vs Convicts? Everyone got a charge out of that one. At what point do the word police just take total control? Just because one person says it's name calling doesn't mean it's so. We all know what the real hurtful disgraceful names that were used throughout history and I'm not seeing it here. When someone plays the name calling card, it is an attempt to shut down or invalidate the other side and their opinions. In the end, it is really ineffective.

 

[Walruzz]

Ever the wise one. Is "snowflake" considered name calling? What about "lefty"? How about "Far right"? That's a term used by the "lefties" to label a particular group in a negative way. Islamic Extremist? Illegal Immigrants? Catholics vs Convicts? Everyone got a charge out of that one. At what point do the word police just take total control? Just because one person says it's name calling doesn't mean it's so. We all know what the real hurtful disgraceful names that were used throughout history and I'm not seeing it here. When someone plays the name calling card, it is an attempt to shut down or invalidate the other side and their opinions. In the end, it is really ineffective.

More liberal propaganda. Deal with the facts for a change.

 

[ivan brunetti]

Duck,
Of course all taxes are taxes. However, once I pay taxes on my money, it should be mine to do whatever I like with it. Inheritance tax is a second tax on money that was already taxed. That is double
Taxation, and should not be allowed.
I am not 100% sure, but I believe that there is a law against double taxation ? In a free society,
A government should not be able to confiscate a family house, business, or any thing else after a family
Member dies.
At least we have Trusts so under current law, the government can not confiscate ones estate
That is gifted to a trust before one dies. Now at least I can go out with a middle finger to the Socialist Left
Government and their Tax collectors !

It isn't "double taxation". That is ridiculous. The person or persons are inheriting money they didn't earn. It is like winning a lottery. You pay tax on that too. If you earn $1000, you pay tax on that. If you then invest that sum and double that money, you will pay taxes on the NEW money that comes in. There is no "double taxation". It is like some people haven't passed basic math...

If a person inherits money and then dies the next day and the money is then inherited by someone else, it will be taxed yet again. Like all other taxation, it is triggered due to the transfer of the money from one party to another.

 

[deadirishpoet]

And what will your grandchildren and greatgrandchildren do that will merit your largesse? As to double taxation, that is a point of legalese. You will not be taxed a second time although your estate will (assuming your estate, on the date of death, has a value in excess of $5M. By the way, there is already double taxation. For example, you earn enough money to buy a rental house. When you sell it ten years later, it has appreciated and you have to pay capital gains tax on that.

When all is said and done, I believe in fair taxation for all folks as to active income. This is money that you earn as wages. This should be a minimal tax in order to assist the working poor and the middle class. The tax rate should be higher for passive income such as investments although there should be a line that needs to be determined for when that tax kicks in. Maybe it will be anything more than $100K in passive income annually, maybe it will be a higher or lower number. That is something our representatives can negotiate.

My strong preference would to provide tax breaks for the working poor and the middle class. The wealthy have enough money to be able to afford to pay higher taxes. I have a friend who's compensation package is about $10M a year and no, he doesn't share it with me. I know how he lives and know that he won't be damaged by paying a higher tax rate than I will, he'll still have plenty of money left over. I like the guy but would feel no pity for him if he has to pay a tax rate of 40%. With all of his deductions and tax credits, he would still be receiving at least $7M/ year. By the way since I know someone will ask what makes some "middle class," the answer is I don't know but it certainly doesn't include my friend.

So by "When all is said and done, I believe in fair taxation" you are talking about "Fair Tax" the freedom caucus is trying to push?

 

[deadirishpoet]

It isn't "double taxation". That is ridiculous. The person or persons are inheriting money they didn't earn. It is like winning a lottery. You pay tax on that too. If you earn $1000, you pay tax on that. If you then invest that sum and double that money, you will pay taxes on the NEW money that comes in. There is no "double taxation". It is like some people haven't passed basic math...

If a person inherits money and then dies the next day and the money is then inherited by someone else, it will be taxed yet again. Like all other taxation, it is triggered due to the transfer of the money from one party to another.

That money has already been taxed why is it you're having so much trouble understanding that.
I know you've big government people are trying to look at everybody's money but give it a break enough is enough.
Government needs to be smarter with their money they get instead of wasteful

 

[Pennick44]

It's pretty clear Penick and Toby are part of the vast liberal fake news conspiracy. They've gone undercover to make conservatives look irrational and intolerant. Portraying good honest conservatives in a bad light. That's a hell of a sneaky play you two.

President Trump promised to drain the swamp. You should have seen it coming.
#MAGA

 

[Pennick44]

That money has already been taxed why is it you're having so much trouble understanding that.
I know you've big government people are trying to look at everybody's money but give it a break enough is enough.
Government needs to be smarter with their money they get instead of wasteful

Do you remember the " dreaded" Government Shutdown? Nobody would have known it was going on if it wasn't covered in the press.

 

[Walruzz]

President Trump promised to drain the swamp. You should have seen it coming.
#MAGA

I thought that was a metaphor. Like draining the lizard.

 

[deadirishpoet]

Do you remember the " dreaded" Government Shutdown? Nobody would have known it was going on if it wasn't covered in the press.

The Press has became useful idiots

 

[ivan brunetti]

That money has already been taxed why is it you're having so much trouble understanding that.
I know you've big government people are trying to look at everybody's money but give it a break enough is enough.
Government needs to be smarter with their money they get instead of wasteful

All money is taxed multiple times WHEN it changes hands. I don't know how to explain it any MORE simply than that. It is NOT "double taxed" for an individual. Using the term "double taxed" just shows you don't understand our tax code.

 

[Walruzz]

All money is taxed multiple times WHEN it changes hands. I don't know how to explain it any MORE simply than that. It is NOT "double taxed" for an individual. Using the term "double taxed" just shows you don't understand our tax code.

Nobody understands our tax code.

 

[deadirishpoet]

All money is taxed multiple times WHEN it changes hands. I don't know how to explain it any MORE simply than that. It is NOT "double taxed" for an individual. Using the term "double taxed" just shows you don't understand our tax code.

This is how far our government has gone to steal from its citizens.
So when I gave my daughter money for school I've should of been taxed?
When you put your moneies in an overseas account the government can't tax it? Is this what it's citizens need to do to keep it's government from taking their money?

Interesting

So you must plan for your retirement... then you must plan to sell everything off to transfer to an overseas account while you live with a family member to die just to keep your government from stealing your children's inheritance, and to feed it's insatiable appetite

What a country

 

[deadirishpoet]

Ever the wise one. Is "snowflake" considered name calling? What about "lefty"? How about "Far right"? That's a term used by the "lefties" to label a particular group in a negative way. Islamic Extremist? Illegal Immigrants? Catholics vs Convicts? Everyone got a charge out of that one. At what point do the word police just take total control? Just because one person says it's name calling doesn't mean it's so. We all know what the real hurtful disgraceful names that were used throughout history and I'm not seeing it here. When someone plays the name calling card, it is an attempt to shut down or invalidate the other side and their opinions. In the end, it is really ineffective.

Interesting the Collegiate left have gotten good at shutting down opposing opinions and have been allowed to do it by the administration's by the way how is segregation which is what the campus left is calling for a good thing?

 

[deadirishpoet]

And what will your grandchildren and greatgrandchildren do that will merit your largesse? As to double taxation, that is a point of legalese. You will not be taxed a second time although your estate will (assuming your estate, on the date of death, has a value in excess of $5M. By the way, there is already double taxation. For example, you earn enough money to buy a rental house. When you sell it ten years later, it has appreciated and you have to pay capital gains tax on that.

When all is said and done, I believe in fair taxation for all folks as to active income. This is money that you earn as wages. This should be a minimal tax in order to assist the working poor and the middle class. The tax rate should be higher for passive income such as investments although there should be a line that needs to be determined for when that tax kicks in. Maybe it will be anything more than $100K in passive income annually, maybe it will be a higher or lower number. That is something our representatives can negotiate.

My strong preference would to provide tax breaks for the working poor and the middle class. The wealthy have enough money to be able to afford to pay higher taxes. I have a friend who's compensation package is about $10M a year and no, he doesn't share it with me. I know how he lives and know that he won't be damaged by paying a higher tax rate than I will, he'll still have plenty of money left over. I like the guy but would feel no pity for him if he has to pay a tax rate of 40%. With all of his deductions and tax credits, he would still be receiving at least $7M/ year. By the way since I know someone will ask what makes some "middle class," the answer is I don't know but it certainly doesn't include my friend.

So you have no problem with the government taking 40%of this cats money he earned for the government waste?

 

[BGI User 1596]

So you have no problem with the government taking 40%of this cats money he earned for the government waste?

He's ecstatic since he has nothing to give but receives generously with no effort.

 

[Toby Smart]

You don't know if I agree with you or not.

Simple fact is, you call people names and treat those with disrespect. You take this stuff personally

If you have a problem with my message , then just say so. If you have a problem with the term "snowflake", then just say it, but quit hiding behind this John Lennonesque hidden message in what you think are clever one liners. I don't even know what the heck you are talking about. I'm not even sure you know what you want to say. Just get to the point as I have asked you several times to spit it out.

 

[THUNDERSTRUCK111]

This Irish duck guy would make our founding fathers roll in their graves. This is exactly why we had the American revolution.

 

[BGI User 1596]

This Irish duck guy would make our founding fathers roll in their graves. This is exactly why we had the American revolution.

This is why you have Duck Hunting season!

 

[perseverare]

This is why you have Duck Hunting season!

"quacks"