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originally posted by: Grambler
originally posted by: IgnoranceIsntBlisss
$200 per month food stamps balances it all out eh?
The 1% should be paying 50% taxes.
Well the pay around 38 percent.
I know it's popular to say the wealthy should pay for everything, but if you tax them much higher they will just move or stop generating wealth.
Apparently the 1 percent paying 38 percent is not enough.
If we went to 50 percent, people wwould then scream for 75.
Soon we would have full on socialism.
And ask venezuela, that doesn't work So well.
Focus more on the questionable tactics used here and how certain classes receive more than they should.
You can tax those who have TOO MUCH money without taxing businesses and maintain growth.
German investment in the US is expected to rise by €39 billion because of lower US corporate taxes.
While Americans are anxiously awaiting full details of the tax bill now being finalized in Congress, German economists are warning that the changes sought by President Donald Trump mean that significant amounts of new investment and jobs will shift from Europe to the United States.
“The tax competition will have a new dimension,” said Christoph Spengel, chairman of the corporate tax department at the University of Mannheim. Mr. Spengel, who is also a research associate at the Center for European Economic Research, and a group of tax experts at the university have done a detailed comparison of the two countries’ tax systems and published a report under the heading, “Germany loses out in US tax reform.”
Clemens Fuest, who heads the Ifo economic think tank, also said he believed German business would suffer. “Investments and jobs will migrate to the US,” he said.
originally posted by: seasonal
a reply to: Bluntone22
As I said earlier in the thread, tax hikes and spending cuts. This is the only way to solve this other than a war.
originally posted by: seasonal
a reply to: ketsuko
If Congress was to pass a flat 19% tax no exemptions no exceptions the "rich" and "poor" would call for war.
originally posted by: kurthall
a reply to: Grambler
Look, I could care less that you are in Canada, but please don't use terms like "We Need" when this has 0 to do with your taxes. The fact is the plan fails. It also drives up our deficit.
originally posted by: Grambler
originally posted by: kurthall
a reply to: Grambler
Look, I could care less that you are in Canada, but please don't use terms like "We Need" when this has 0 to do with your taxes. The fact is the plan fails. It also drives up our deficit.
I live in pennsylvania.
I like the plan, but believe we need spending cuts too.