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Offline Freeper

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How would you go about taxing wealth?
« on: September 24, 2012, 09:08:28 PM »
Quote
1-Old-Man (562 posts)

How would you go about taxing wealth?


 
How do you tax wealth, not income, wealth. Other than an aggressive inheritance tax I'm not sure what would work. I'd love to hear ideas.

http://www.democraticunderground.com/10021409366

They have the nerve to call us greedy when it is they who have their eyes on every one else's money.


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RegieRocker (3,748 posts)
1. Never tax wealth that is insane

tax the income made from the wealth at 36% over 250 k a year. Any questions.

Like 36% would ever be enough for you goons.

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Animal Chin (56 posts)
2. Why would you tax wealth?

You can't just "tax wealth," as long as the wealth was obtained by paying a fair tax rate. Income really, not wealth.

Nothing wrong with being rich, so long as you pay your (fair) taxes and pass some along in charity. IMO.

Oh so now in order to make you happy not only must we tax the hell out of the rich we should force them to donate to charity too?

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n2doc (23,105 posts)
3. Inheritance tax is probably easiest

So long as loopholes are closed. 50% over time will do the trick. Also tax all capital gains and other investment income at a high level, higher than wages. There is no evidence that lowering capital gains taxes did anything good for the economy.

Why in the hell should the government get half of what one works hard for to leave to their family?
I know you libs think that all money belongs to you, but that is crazy.

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zipplewrath (8,265 posts)
9. Could even tax wealth growth

Every year one has to establish their "net worth". Each year, one is taxed on the growth of that wealth If you are getting poorer, no tax. If you are getting richer, there's a tax.

Great idea that way we can keep people poor.  :mental:

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annabanana (43,792 posts)
7. Tax capital gains like any other income, for starters.. . .

Last edited Mon Sep 24, 2012, 09:40 PM USA/ET - Edit history (1)

On edit.. If all you have to do is sit around to make the money, I'd tax it higher than wages that are, you know, EARNED.

Why risk it if the government is just going to take it from you if you make any money off it?

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Offline franksolich

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Re: How would you go about taxing wealth?
« Reply #1 on: September 24, 2012, 09:15:28 PM »
Oh my.

Think of what hefty inheritance taxes would do to so many primitives.

The Raven primitive and her worthless son the Bostonian Drunkard, the skumbag primitive, Atman, dear cali, and so-o-o many others I can't think of at the moment.  There's lots and lots of primitives who are trust-fund kiddies.

I suppose I could include the defrocked warped primitive, as she alleges she got a chunk from her old man, but I'm not believing that.  It sounds more credible that after getting caught messing with the narcotics cabinet at the hospital, in exchange for the defrocked warped primitive giving up her license for life and going away, the hospital gave her some dough.
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Offline Chris_

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Re: How would you go about taxing wealth?
« Reply #2 on: September 24, 2012, 09:16:14 PM »
Quote from: Freeper on September 24, 2012, 09:08:28 PM
Like 36% would ever be enough for you goons.
It starts at 36%.  Next thing you know, it's 90% under Kennedy.

I have to wonder how he ever got tax cuts through Congress. 
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Offline franksolich

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Re: How would you go about taxing wealth?
« Reply #3 on: September 24, 2012, 09:17:47 PM »
Quote from: Chris_ on September 24, 2012, 09:16:14 PM
It starts at 36%.  Next thing you know, it's 90% under Kennedy.

I have to wonder how he ever got tax cuts through Congress. 

Johnson did, after the assassination.

And thus happened a large increase in federal revenues.....because of lowered taxes.
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Offline Chris_

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Re: How would you go about taxing wealth?
« Reply #4 on: September 24, 2012, 09:23:27 PM »
I had always heard them referred to as "Kennedy" tax cuts... I assumed he was in office when they were passed.
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Offline RobJohnson

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Re: How would you go about taxing wealth?
« Reply #5 on: September 24, 2012, 09:23:42 PM »
Inheritance tax, so the son or daughter of a small business owner has to sell it, fire everyone, just to pay the tax.

Good plan DUmmies.

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Offline thundley4

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Re: How would you go about taxing wealth?
« Reply #6 on: September 24, 2012, 09:43:59 PM »
Quote from: RobJohnson on September 24, 2012, 09:23:42 PM
Inheritance tax, so the son or daughter of a small business owner has to sell it, fire everyone, just to pay the tax.

Good plan DUmmies.



The family farm gets sold to pay the inheritance taxes and some corporation buys the farm.  And DUmmies lament the loss of family farms when their precious government is the one to blame.
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Offline 98ZJUSMC

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Re: How would you go about taxing wealth?
« Reply #7 on: September 24, 2012, 10:11:19 PM »
Quote
Other than an aggressive inheritance tax  

Right, (D)Ullards. Tax the crap out of everything that any family tries to pass on to their heirs. Tax responsibility, financial frugality and savers.

You do realize that even the poor try to pass things on to their heirs, right?

:argh:

What do you severely retarded finger painters have against the "middle class"?

 :argh: :argh:

Stupid a$$holes.  

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  The family farm gets sold to pay the inheritance taxes and some corporation buys the farm. And DUmmies lament the loss of family farms when their precious government is the one to blame.

:thatsright:  Dahr, da, dahr a derpa, derp, derp.....

Stupid is as...........

just stupid is.  Ignorant dickheads never see the obvious.  But, in their drug fueled angst, it's:

A).  Bushs' Fault
B).  Evil Corporations Fault
C).  Rush Limbaughs' Fault
D).  Reagans' Fault

or, Academia's favorite:

E). All of the Above
« Last Edit: September 24, 2012, 10:21:15 PM by 98ZJUSMC »
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Offline 98ZJUSMC

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Re: How would you go about taxing wealth?
« Reply #8 on: September 24, 2012, 10:31:14 PM »
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n2doc (23,105 posts)
3. Inheritance tax is probably easiest

So long as loopholes are closed. 50% over time will do the trick. Also tax all capital gains and other investment income at a high level, higher than wages. There is no evidence that lowering capital gains taxes did anything good for the economy.

Yes, there is idiot, but even if you could understand it, you wouldn't acknowledge it.

So, why bother.  I'm fairly certain you would find it....:

 :racista:
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Liberal thinking is a two-legged stool and magical thinking is one of the legs, the other is a combination of self-loating and misanthropy.  To understand it, you would have to be able to sit on that stool while juggling two elephants, an anvil and a fragmentation grenade, sans pin.

"Accuse others of what you do." - Karl Marx

Offline 98ZJUSMC

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Re: How would you go about taxing wealth?
« Reply #9 on: September 24, 2012, 10:37:26 PM »
Quote from: franksolich on September 24, 2012, 09:15:28 PM
Oh my.

Think of what hefty inheritance taxes would do to so many primitives.

The Raven primitive and her worthless son the Bostonian Drunkard, the skumbag primitive, Atman, dear cali, and so-o-o many others I can't think of at the moment.  There's lots and lots of primitives who are trust-fund kiddies.

I suppose I could include the defrocked warped primitive, as she alleges she got a chunk from her old man, but I'm not believing that.  It sounds more credible that after getting caught messing with the narcotics cabinet at the hospital, in exchange for the defrocked warped primitive giving up her license for life and going away, the hospital gave her some dough.

Exactly.  I would guess that 35% of the truly hard-core (D)Ullards are trustfraians or old money inheritors.   Of course, for the sake of an internet argument and their quest for "poor people cred", they are all for it.
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Liberal thinking is a two-legged stool and magical thinking is one of the legs, the other is a combination of self-loating and misanthropy.  To understand it, you would have to be able to sit on that stool while juggling two elephants, an anvil and a fragmentation grenade, sans pin.

"Accuse others of what you do." - Karl Marx

Offline BEG

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Re: How would you go about taxing wealth?
« Reply #10 on: September 24, 2012, 11:23:35 PM »
The OP was speaking in code. The OP meant, how to tax the shit out of kpete and CalPeg.


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n2doc (23,105 posts)
3. Inheritance tax is probably easiest

So long as loopholes are closed. 50% over time will do the trick. Also tax all capital gains and other investment income at a high level, higher than wages. There is no evidence that lowering capital gains taxes did anything good for the economy.

Both of my grandmas, parents and in-laws live off of capital gains  and investment income you ****ing idiot.  Why do you hate old people?
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Offline jukin

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Re: How would you go about taxing wealth?
« Reply #11 on: September 25, 2012, 09:12:17 AM »
Subsidize something and get more of it. For example, food stamps under president food stamps.

Tax something get less of it. For example, cigarettes.

What will happen when you tax wealth?

"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery."
Winston Churchill

It is almost like Sir Winston saw 0bama coming.
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Offline Undies

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Re: How would you go about taxing wealth?
« Reply #12 on: September 25, 2012, 09:21:54 AM »
How's about the "wealthy" refuse to pay any taxes until an actual federal budget is passed and made law? 
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Offline Wineslob

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Re: How would you go about taxing wealth?
« Reply #13 on: September 25, 2012, 09:28:43 AM »
DUmmies, here's an idea, lets reduce the financial burden of the Government on the populace by 50%, starting with all the freebies.
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Offline BlueStateSaint

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Re: How would you go about taxing wealth?
« Reply #14 on: September 25, 2012, 09:48:44 AM »
Quote from: jukin on September 25, 2012, 09:12:17 AM
"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery."
Winston Churchill

It is almost like Sir Winston saw 0bama coming.



Yep, he did. :fuelfire:
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Offline Skul

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Re: How would you go about taxing wealth?
« Reply #15 on: September 25, 2012, 10:08:28 AM »
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Offline jukin

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Re: How would you go about taxing wealth?
« Reply #16 on: September 25, 2012, 12:41:14 PM »
Quote from: BlueStateSaint on September 25, 2012, 09:48:44 AM


Yep, he did. :fuelfire:

LOL ^5 sooooooooo stolen

Well 0bama would crumble like a cheap chair in front of a great man. One the man that saved democracy the other the man that almost destroyed democracy.
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When you are the beneficiary of someone’s kindness and generosity, it produces a sense of gratitude and community.

When you are the beneficiary of a policy that steals from someone and gives it to you in return for your vote, it produces a sense of entitlement and dependency.

Offline ScubaGuy

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Re: How would you go about taxing wealth?
« Reply #17 on: September 25, 2012, 04:14:58 PM »
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BanTheGOP (849 posts)
18. Rates are easy to do

View profile
Basic premise...NO man or woman should ever have more than $10 million. Period.

1. All wealth above $10 Million... 100%
2. Wealth $5 to $10 Million... 50%
3. Wealth $3 to $5 Million... 40%
4. Wealth $1 to $3 Million... 20%

Less than $1 Million: No reduction, but income tax rates should be brought back to Eisenhower era with NO loopholes.

With that, we have no problem whatsoever advancing our progressive agenda for the US, integrating us into the world community of civilized countries.
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Offline Chris_

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Re: How would you go about taxing wealth?
« Reply #18 on: September 25, 2012, 04:19:52 PM »
They sure love spending other people's money.
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Offline JohnnyReb

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Re: How would you go about taxing wealth?
« Reply #19 on: September 25, 2012, 04:37:17 PM »
Quote from: ScubaGuy on September 25, 2012, 04:14:58 PM

BanTheGOP (849 posts)
18. Rates are easy to do

View profile
Basic premise...NO man or woman should ever have more than $10 million. Period.

1. All wealth above $10 Million... 100%
2. Wealth $5 to $10 Million... 50%
3. Wealth $3 to $5 Million... 40%
4. Wealth $1 to $3 Million... 20%

Less than $1 Million: No reduction, but income tax rates should be brought back to Eisenhower era with NO loopholes.

With that, we have no problem whatsoever advancing our degrading   progressive agenda for the US, integrating us into the world community of starving third world savage  civilized countries.[color]

Greedy, envious, lazy, thieving, bastards. :mad:

Why work, save, invest, risk your money and your health to accomplish the American dream of getting rich if the lazy, trifling, greedy, sorry sonsofbitches are sitting in the shade waiting for the government to steal it from you. They're to lazy to even do their own robbing.  :mad:
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Offline diesel driver

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Re: How would you go about taxing wealth?
« Reply #20 on: September 26, 2012, 03:20:39 AM »
If you could tax "stupidity", our country's financial woes could be solved in a month, from the DUmp alone.

Quote

BanTheGOP (849 posts)
18. Rates are easy to do

View profile
Basic premise...NO man or woman should ever have more than $10 million. Period.

1. All wealth above $10 Million... 100%
2. Wealth $5 to $10 Million... 50%
3. Wealth $3 to $5 Million... 40%
4. Wealth $1 to $3 Million... 20%

Less than $1 Million: No reduction, but income tax rates should be brought back to Eisenhower era with NO loopholes.

With that, we have no problem whatsoever advancing our progressive agenda for the US, integrating us into the world community of civilized countries.


Hey, STUPID!

Did you know Russia has a flat tax, and it's lower than 20%?
Do you realize the "middle class" in this country started decreasing around the time the income tax started?  Coincidence?
Do you know that your "progressive agenda" is 40 years out of date, and 20 years behind "the world community of civilized countries" (i.e., the old "Soviet Union"), and has YET to work, anywhere?

DUmmie ban, you might want to start wearing earplugs, because your brains are leaking out of your ears. (It's that crusty yellow stuff you find on the Q-tip.)
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Offline ExGeeEye

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Re: How would you go about taxing wealth?
« Reply #21 on: September 26, 2012, 03:39:06 AM »
Quote from: ScubaGuy on September 25, 2012, 04:14:58 PM
BanTheGOP (849 posts)
18. Rates are easy to do

View profile
Basic premise...NO man or woman should ever have more than $10 million. Period.

1. All wealth above $10 Million... 100%
2. Wealth $5 to $10 Million... 50%
3. Wealth $3 to $5 Million... 40%
4. Wealth $1 to $3 Million... 20%

Less than $1 Million: No reduction, but income tax rates should be brought back to Eisenhower era with NO loopholes.

With that, we have no problem whatsoever advancing our progressive agenda for the US, integrating us into the world community of civilized countries.


They would only be able to do that once.

“You can confiscate only the wealth that exists at a given moment. You cannot confiscate future wealth — and that future wealth is less likely to be produced when people see that it is going to be confiscated.”
 
--Thomas Sowell
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Offline RobJohnson

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Re: How would you go about taxing wealth?
« Reply #22 on: September 29, 2012, 02:20:17 PM »
Quote from: thundley4 on September 24, 2012, 09:43:59 PM
The family farm gets sold to pay the inheritance taxes and some corporation buys the farm.  And DUmmies lament the loss of family farms when their precious government is the one to blame.


I seen it happen in the Midwest. Often times the person that inherited the farm was already living on the farm while the parents were staying closer to town. Farming is a full time job and it's easier to live on the farm.

Once mom or dad passed, the kids would have to sell the land to pay the tax, and all they would have left is a few acres and a house.
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Offline I_B_Perky

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Re: How would you go about taxing wealth?
« Reply #23 on: September 29, 2012, 04:30:55 PM »
Quote
BanTheGOP (849 posts)
18. Rates are easy to do

View profile
Basic premise...NO man or woman should ever have more than $10 million. Period.

1. All wealth above $10 Million... 100%
2. Wealth $5 to $10 Million... 50%
3. Wealth $3 to $5 Million... 40%
4. Wealth $1 to $3 Million... 20%

Less than $1 Million: No reduction, but income tax rates should be brought back to Eisenhower era with NO loopholes.

With that, we have no problem whatsoever advancing our progressive agenda for the US, integrating us into the world community of civilized countries.

How about we tax your welfare, moron? It's income so why is it tax exempt? I read somewhere that a family of four, making min wage, gets about $35,000 in gov welfare so that when it is all said and done, a family of four making $60,000 in income actually brings home less than the welfare loser!!!! Now I ain't a member of the smartest bestest people on the innerwebs but even I know that just ain't right.
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Offline RobJohnson

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Re: How would you go about taxing wealth?
« Reply #24 on: September 29, 2012, 05:12:31 PM »
Quote from: I_B_Perky on September 29, 2012, 04:30:55 PM
How about we tax your welfare, moron? It's income so why is it tax exempt? I read somewhere that a family of four, making min wage, gets about $35,000 in gov welfare so that when it is all said and done, a family of four making $60,000 in income actually brings home less than the welfare loser!!!! Now I ain't a member of the smartest bestest people on the innerwebs but even I know that just ain't right.

Good point!

I think section 8 housing should be a capital gain!
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