Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#61
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#62
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I think it has to do with the billionaires paying less taxes than a teacher making 60k a year, or perhaps those that only have to pay into SS up to earnings on 160k, even if they earn 450k.
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#63
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In 1974 tax was 98% on incomes over £20,000 (about $220,000 at today's value.) That's when those who could, left the country. They kindly left the lights on for us peasants! Tax allowance 0%..........£12570............................... (approx $15,100) Then. Basic rate 20%........£37,700..............................( approx. $45250) Higher rate 40%........£37,701 to £125,140........ (approx. $150,168) Additional rate 45%........Over £125,141 There is also National Insurance at 9% on earnings for health care and pensions. Add 20% Value Added Tax on most services and goods, and you can use any left to pay for your local Council Taxes, mortgage etc. Food is optional. Because my wife and I worked hard and saved for our retirement, we still have the privilege of paying tax on our pensions and savings! But. We get FREE Health Care!! Last edited by Two Bills; 03-10-2024 at 10:07 AM. |
#64
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A fair share is not a dollar number. If you make $400,000 and pay $40,000 in taxes is it fair that a person making $40,000 pays $10,000. That’s 10% vs $25%. Make it so everyone over a minimum level pays the same percentage. In the above example that would be $60,000 vs $6,000 in the above example at 15% tax.
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#65
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You have got to be kidding me
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#66
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With 64 posts and 47 posters, it would be useful to provide a clue as to whom you are replying.
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Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works. Confirmation bias is real; I can find any number of articles that say so. Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough |
#67
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Your comparing percentage to dollars. Apples to oranges. Someone earning $200,000 a year has a heck of a lot more money left over after paying for necessities than someone making $30,000 a year.
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#68
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I was under the impression that the distinction regarding "fairness" referred to how much the businesses were being charged vs. what a typical homeowner was assessed. I thought that the previous attempt to assess businesses a more equitable fire fee was meant to address that inequity - but it didn't win out for some strange reason.
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Lianne L. Migiano |
#69
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this is a stupid term.......there is nothing fair in a capitalist system....its ability to pay as we have a progressive tax....BUT, wealthier citizens do not pay more because they are given more deductions from income...
progressive tax is good but better without deductions the key to taxes is deductions............we need to lower the max tax to 33%band create a simple tax form for the wealthy We will call it the 1040EZM....ez form for millionaire income you write your name and social security number and your income, then you pay 33% on that money. Pretty straight forward and progressive. The govt has no business creating deductions that make it unfair. There is no fair share as the end result of capitalism is income bias. And as such there should be tax bias or more on the wealthy. Capitalism is not the problem, its great, politicians cater to their donors and thats not fair. Its bribery. |
#70
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There is a rumor out of DC that illegals can apply for a $50 thousand bebit / gift card for free if they qualify to help settle in this country, with government funding
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#71
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You should have stopped right there.
The "facts" that people hear are frequently untrue, the rumors they hear are even less reliable.
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Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works. Confirmation bias is real; I can find any number of articles that say so. Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough |
#72
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It is true that NYC is giving out $53 million dollars to illegals there in the form of reloadable debit cards. I'm not sure how many they are giving out.
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#73
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“Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands.”
― Learned Hand
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"No one is more hated than he who speaks the truth." Plato “To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine |
#74
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Rumors....great song from Timex Social Club
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#75
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So far, the only debit cards are given in NYC.
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Closed Thread |
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