US billionaires pay lower tax rate than working class for first time in history

[isingmodel]

Note how this is not addressing the original claims. This is called a deflection. Imagine my shock when he posted a graph showing that the rich have more money than the rest of the country. Hard hitting stuff.

Lol @ that being what you garnered from that graph. Republicans being uneducated morons, some things never change.

[BFast55]

I said that the richest in the US are accruing most of the wealth and income gains of the past ~40 years, following the neoliberal economic policies (tax cuts, deregulation, weakening labour unions etc) o
not actually 49
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Quick ReplyQuick Replyf the Regan years onwards. All of that is plainly backed up by the sources I gave you.

I never refuted this fact. OF COURSE the rich have the most to gain/lose as they have more $ to invested. Hence why you see so much volatility for the top earners, whereas the lower income earners enjoy a very steady wage, devoid of most volatility.

But like that other poster said, you aren't interested in rationality or data, which is why you'll remain a useful idiot for the rest of your life.

This is rich considering you are refusing to address your hyperbolic claims.

Where is the fiefdom? You ever going to defend that statement?
What of the "wealth siphon"? You ever going to back that up either?

These two point are all I've ever asked you to address. Still can't do it.

[Mark1T]

I said that the richest in the US are accruing most of the wealth and income gains of the past ~40 years, following the neoliberal economic policies (tax cuts, deregulation, weakening labour unions etc) of the Regan years onwards. All of that is plainly backed up by the sources I gave you.

But like that other poster said, you aren't interested in rationality or data, which is why you'll remain a useful idiot for the rest of your life.

You are a complete ass-hole to everyone. Are you just pissed off because the Britain tax rates are much higher than the US's tax rates?

You lack elementary communication skills.

[BFast55]

Lol @ that being what you garnered from that graph. Republicans being uneducated morons, some things never change.

Your posts was a large pivot from having to explain how we live in a fiefdom and how the rich have a giant wealth "siphon". Who are they siphoning this from and what means are they achieving this? Surely you do;t mean a literal siphon.

[dhawkeye1980]

Scrape up those crumbs quickly boyo. Don't want to offend your elite masters with your serf presence.

Arent you constantly spouting that trump supporters are poor rednecks and the wealthy are liberals? Pretty sure that makes them your master chief. Why doesnt the people in your party pay their fair share?

[isingmodel]

I never refuted this fact. OF COURSE the rich have the most to gain/lose as they have more $ to invested. Hence why you see so much volatility for the top earners, whereas the lower income earners enjoy a very steady wage, devoid of most volatility.


This is rich considering you are refusing to address your hyperbolic claims.

Where is the fiefdom? You ever going to defend that statement?
What of the "wealth siphon"? You ever going to back that up either?

These two point are all I've ever asked you to address. Still can't do it.

"Volatility"? That's your defense?

40 consistent years of the richest percentile taking the majority of new wealth generated, following specific economic reforms designed to do just that, is just down to chanced "volatility"? So when exactly do we see the period of volatility where their wealth goes down relative to everyone else?

You truly are an utterly delusional moron, lmao. The Bezos's of the world thank you for your indentured service.

[BFast55]

"Volatility"? That's your defense?

No it wasn't. It was a mere observation. Strong comprehension.

40 consistent years of the richest percentile taking the majority of new wealth generated, following specific economic reforms designed to do just that, is just down to chanced "volatility"?

This is one of the most economically illiterate statements I've ever read. LMAO at "chanced" volatility. I that word doesn't mean what you think it means.

You truly are an utterly delusional moron, lmao. The Bezos's of the world thank you for your indentured service.

Well there you go. Still can't back up hyperbolic claims. Instead resorts to ad hominems. I'm shocked. Just shocked.

[ymer]

Yea I'm gonna call bullchit

[isingmodel]

No it wasn't. It was a mere observation. Strong comprehension.


This is one of the most economically illiterate statements I've ever read. LMAO at "chanced" volatility. I that word doesn't mean what you think it means.


Well there you go. Still can't back up hyperbolic claims. Instead resorts to ad hominems. I'm shocked. Just shocked.

Someone who thinks that a consistent uninterrupted and incredibly strong 40 year trend is "volatility" isn't just economically illiterate, but statistically illiterate, semantically illiterate, and just all round illiterate.

My post #91 explained clearly, in words even you can understand, what has changed with the distribution of wealth and income over the past 40 years, and exactly what led to that happening, all with sources and data from previous posts, none of which are particularly controversial to anyone either. You can lead a horse to water, but can't make him drink.

[Mark1T]

"Volatility"? That's your defense?

40 consistent years of the richest percentile taking the majority of new wealth generated, following specific economic reforms designed to do just that, is just down to chanced "volatility"? So when exactly do we see the period of volatility where their wealth goes down relative to everyone else?

You truly are an utterly delusional moron, lmao. The Bezos's of the world thank you for your indentured service.

Talk about delusional. You are saying that the poor are poor and stay poor because there is a limited amount of money in the world and the rich take it all. None left for the poor. What an idiotic admission. Not all, but many of the wealthy were not born wealthy. They built businesses. Some earn a living and others become wealthy, but the point is that everyone has the opportunity to get ahead.

By the way, Jeff Bezos started Amazon out of modest means and you try to make it look like he was born wealthy and that Amazon always existed.

You are a dangerous liar.

The wealth siphon only exists in the asses that promote class warfare, hoping the easily led, like Bernie supporters, will revolt.

[isingmodel]

Talk about delusional. You are saying that the poor are poor and stay poor because there is a limited amount of money in the world and the rich take it all. None left for the poor. What an idiotic admission. Not all, but many of the wealthy were not born wealthy. They built businesses. Some earn a living and others become wealthy, but the point is that everyone has the opportunity to get ahead.

By the way, Jeff Bezos started Amazon out of modest means and you try to make it look like he was born wealthy and that Amazon always existed.

You are a dangerous liar.

The wealth siphon only exists in the asses that promote class warfare, hoping the easily led, like Bernie supporters, will revolt.

There isn't a limited amount of money in the world - wealth has increased year on year, the point is that very little of that wealth has reached average working Americans, and instead it has simply contributed to an ever increasing wealth disparity between the richest and everyone else. Not only do you strawman the basic position, but you can't contend with basic economic data from the past half a century, which I've kindly provided for you ITT too.

One thing I've noticed is that in every discussion, you've always been completely resistant to anything resembling evidence or statistics. This is fairly typical for a republican with minimal education of any kind, but why should we cater to your ignorance?

[Mark1T]

There isn't a limited amount of money in the world - wealth has increased year on year, the point is that very little of that wealth has reached average working Americans, and instead it has simply contributed to an ever increasing wealth disparity between the richest and everyone else. Not only do you strawman the basic position, but you can't contend with basic economic data from the past half a century, which I've kindly provided for you ITT too.

One thing I've noticed is that in every discussion, you've always been completely resistant to anything resembling evidence or statistics. This is fairly typical for a republican with minimal education of any kind, but why should we cater to your ignorance?

You have your charts and statistics that sometime apply to that period, yet other times do not apply or relate.

My opinions, come from real life and experience. It seems as if you don't have much life experience, hence your reliance on being a Google warrior.

[Tamorlane]

There isn't a limited amount of money in the world - wealth has increased year on year, the point is that very little of that wealth has reached average working Americans, and instead it has simply contributed to an ever increasing wealth disparity between the richest and everyone else. Not only do you strawman the basic position, but you can't contend with basic economic data from the past half a century, which I've kindly provided for you ITT too.

One thing I've noticed is that in every discussion, you've always been completely resistant to anything resembling evidence or statistics. This is fairly typical for a republican with minimal education of any kind, but why should we cater to your ignorance?

Owned lmao

[isingmodel]

You have your charts and statistics that sometime apply to that period, yet other times do not apply or relate.

My opinions, come from real life and experience. It seems as if you don't have much life experience, hence your reliance on being a Google warrior.

All of the data I've posted is up to date. The change in wealth distribution in the past 40 years, stagnation of middle class wages and purchasing power, are all straight forward realities of modern economics.

Your personal anecdotes mean **** all. 100% worthless. Anecdotes are not data. They teach this in high school, which you obviously struggled with.

[Mark1T]

All of the data I've posted is up to date. The change in wealth distribution in the past 40 years, stagnation of middle class wages and purchasing power, are all straight forward realities of modern economics.

Your personal anecdotes mean **** all. 100% worthless. Anecdotes are not data. They teach this in high school, which you obviously struggled with.

Experience is not an anecdote. I live in a community that is full of entrepreneurs who value hard work and innovation and also inclusion, as opposed to free-loaders like you and Tammy.

[Dave22reborn]

You are a complete ass-hole to everyone. Are you just pissed off because the Britain tax rates are much higher than the US's tax rates?

You lack elementary communication skills.

Wait, he lives in the UK?

[Mark1T]

Wait, he lives in the UK?

Yes, British. I have stated that many times and he never admitted it until very recently.

[isingmodel]

Experience is not an anecdote. I live in a community that is full of entrepreneurs who value hard work and innovation as opposed to free-loaders like you and Tammy.

Yes, your worthless personal stories are called anecdotes, by definition. The ~40 year stagnation of the middle and working classes and rising wealth inequality on the other hand are statistical realities.

That you can't contend with statistics and data speaks to your total lack of education, but that isn't anyone else's problem Mark.

[DuracellBunny]

Wait, he lives in the UK?

Yes, British. I have stated that many times and he never admitted it until very recently.

No need to hate on him for being British. Hate on him for being a dick, a bigot or a numpty.

[Dave22reborn]

Finland to end basic income trial after two years.

https://www.google.com/amp/s/amp.the...fter-two-years

Last week the government of Ontario, Canada, announced it was ending a pilot program to guarantee residents a universal basic income (UBI). The program, scheduled to run three years, had lasted just 15 months.

https://www.heritage.org/internation...niversal-basic

[Mark1T]

Yes, your worthless personal stories are called anecdotes, by definition. The ~40 year stagnation of the middle and working classes and rising wealth inequality on the other hand are statistical realities.

That you can't contend with statistics and data speaks to your total lack of education, but that isn't anyone else's problem Mark.

Well, I will leave this here for you and anyone who cares. I built a subscribing business out of my house which now serves more than 1 million members and growing exponentially. I have direct and indirect employees of about 25. I pay my direct employees way above average and also pay their healthcare 100% and contribute to their 401Ks. The indirect employees are made up of strategic partnerships. Trump's tax policies had a positive effect on my business and growth opportunities - that is personal experience.

So, all of your attempts at insulting me are about as ignorant as you can get. I will fight your Marxist principles for as long as I feel like it.

[Mark1T]

No need to hate on him for being British. Hate on him for being a dick, a bigot or a numpty.

That is what I am doing, my friend. I tried to make that distinction. Never hating on Britain.

[knightofday]

Damn successful people who provide jobs and innovation. Damn success and the American Dream.

Theyre doing their damnedest to get everyday working Americans to hate the people that created our jobs. Their whole mindset is based on envy and greed, jealousy drives ALL of this.

[knightofday]

Finland to end basic income trial after two years.

https://www.google.com/amp/s/amp.the...fter-two-years

Last week the government of Ontario, Canada, announced it was ending a pilot program to guarantee residents a universal basic income (UBI). The program, scheduled to run three years, had lasted just 15 months.

https://www.heritage.org/internation...niversal-basic

Every.Single.Program. they try like this where they hand out money ends the same, every one. Then they bury it and pretend they never did the study, rinse and repeat. It will never work at this scale, it will NEVER work on a mass scale no matter how many lies are told or how hard they try to convince us that this is the answer.

[isingmodel]

Well, I will leave this here for you and anyone who cares. I built a subscribing business out of my house which now serves more than 1 million members and growing exponentially. I have direct and indirect employees of about 25. I pay my direct employees way above average and also pay their healthcare 100% and contribute to their 401Ks. The indirect employees are made up of strategic partnerships. Trump's tax policies had a positive effect on my business and growth opportunities - that is personal experience.

So, all of your attempts at insulting me are about as ignorant as you can get. I will fight your Marxist principles for as long as I feel like it.

Again, worthless. Look at the trends of economic data for the country for the past half a century, learn how to understand statistics, and understand the kind of evidence you have to provide if you want to make a point. You're thus far flatly unable to do any of these things, which is why all your posts are so irrelevant.

[Mark1T]

Theyre doing their damnedest to get everyday working Americans to hate the people that created our jobs. Their whole mindset is based on envy and greed, jealousy drives ALL of this.

That was my point. And for the record, that post of mind was made on my phone in the parking lot waiting for my gym to open, so it was a drive-by post. I have tried to make my position more clear in my other posts. So, yes I can do better than that.

[Mark1T]

Again, worthless. Look at the trends of economic data for the country for the past half a century, learn how to understand statistics, and understand the kind of evidence you have to provide if you want to make a point. You're thus far flatly unable to do any of these things, which is why all your posts are so irrelevant.

100% bullshiit.

[isingmodel]

100% bullshiit.

Yes, everything you say is. A grown ass man who doesn't understand that his personal anecdotes do not constitute data, trends or statistical evidence is frankly an insult to the intelligence of everyone. Good luck with your high school education goals of 2019.

[Mark1T]

Yes, everything you say is. A grown ass man who doesn't understand that his personal anecdotes do not constitute data, trends or statistical evidence is frankly an insult to the intelligence of everyone. Good luck with your high school education goals of 2019.

Good luck in whatever you do.

[lsiberian]

We have smartphones, tablets, computers, internet, netflix, etc. I get some folks are struggling but there are a lot of resources available if you are want them. Money is just a number. Our country has never been better. When I was a kid you couldn't have facetime with folks. When I was a kid you had to use a VCR to record shows. You had to use pay phones to call mom and dad to pick you up.

I get some folks are struggling in our country, but not nearly like they were when I was a kid. We have it really good here.

Also everyone wants to help hard working struggling folks and legitimately disabled people. What we don't want is to create a system of leeches and entitled criminals.

The best way to redistribute wealth is to promote innovation and job growth. As employer's fight for good employees their wages go up.