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rebelwolf15's Replies
Saying the IRS auditing some conservative groups is worse than a foreign adversary hacking our government and citizens trying to influence our election to their benefit is fucking disgusting and borderline treasonous. I guess its party over country for you, sad. Of all things we should all agree that we should protect the privacy of our citizens and the sanctity of our elections but it seems the right doesnt give a fuck about either cause their guy one. Its depressing, everything our country was built on is going away and half the country doesnt care because a democrat lost
We dont know if there is evidence or not. I guess you dont know how the FBI works, they dont give updates on what evidence they may or may not have in the middle of an investigation, that would impede it. Well find out when the investigation is concluded. What we do know is that they have enough cause to have an investigation and a special prosecutor. Its pretty telling that of all of the members of congress who have been briefed on the investigation not a single one has said theres nothing there and no need for it to continue.
Yes, C-corps are double taxed, if they issue dividends, which they dont have to. The only companies that have to be C-Corps are publicly traded companies and there arent many C-Corps who arent.
So if you want to get rid of all corporate taxes, where are you gonna make up the billions in lost revenue?
" The top bracket for people who don't run a small business will be 25%, not 15%"
You have no fking clue what you are talking about. Small business has nothing to do with it. Funny thing is you have it completely the opposite. Most small businesses are on schedule C which would not see a tax break depending on income level. The top 1%, all of their income comes from pass through entities, whether it be partnerships or S-corps they invest in or their investment accounts which they have in trusts which file their own returns and guess what, it passes through to their tax return. You think George Soros has a E-Trade account in his own name? No, he has all his money in trusts.
I prepare tax returns for a living and the richest clients we have, all of their income comes through K-1s on their schedule E, and your boy trump wants to lower their tax rate to 15%, lower than a lot of people who get a paycheck like me. Pretty much the only income that wont be taxed at 15% for the top earners would be the interest on their personal bank accounts, everything else is in trusts or invested in a business which they get a K-1. I dont see how the rich paying a lower tax rate than many of their employees is good for anyone other than them, they will just have more money in their bank accounts.
He talked about killing Obama and other democrats multiple times. The secret service spoke to him in 2012. It was pretty big news, you dont remember??
Doubling the standard deduction would result in a net tax cut for the middle class and wiping most other deductions mostly raises taxes on high earners ("the rich"), though this is balanced out by lowering rates
Net tax cut is a way of dancing around my point that many middle class families taxes will go up. Millions of middle class families will see their taxes increase under Trumps plan while all of the top get huge tax breaks.
Not true about the wealthy, most deductions that are going away they dont use. Childcare expenses, medical expenses, exemptions, student loan interest, legal, all get phased out at high income levels. For the most part the only deduction they lose is state and local taxes but with their tax rate going from 39 to 15 because of pass thru entities going to 15 they still have a huge tax break as none of them pay anywhere near 25% in state taxes.
"The shareholders are also taxed when they get their personal money, doofus."
Shareholders of corporations dont get "personal money" from them. They get dividends for whatever shares they own if the C-Corp issues dividends at all. Is your argument that Walmart shouldn't pay tax because if they issue dividends some of their shareholders will pay tax on them depending on their tax bracket and what else is on their 1040? Facebook and Google dont issue dividends so in your tax plan the federal government doesnt get any tax from them or their shareholders?
"If a conservative had done this with Obama, they would have nailed his/her hide to the wall. Then they would lock them up, and throw away the key."
Funny, I dont remember any of that happening to Ted Nugent when he threatened President Obama. He was even a guest at the white house recently
The republican party was founded by socialists. Lincoln and Karl Marx were pen pals. The 1800s southern democrats were for small government, states rights, and were socially conservative. Are you honestly trying to call Jackson who was for a small federal government, not interfering with the economy, against taxation and against national banks a liberal?
Northern republicans expanded the government. A large part of the republican party in the late 1800s actually are called the liberal republicans. There were obviously some differences back then and were issues in which the northern republicans were conservative and southern democrats liberal but for the most part it wasnt.
Shelly was always my favorite
What changes to the tax code would you propose?
Do you agree with Trumps plan of cutting C-Corps and pass thru entities to 15% (which essentially lowers the rate to 15% on the wealthiest as the majority of their income is from them), doubling the standard deduction, getting rid of most itemized deductions and getting rid of exemptions which would raise taxes on many middle class families and have some paying a higher tax rate than their employers?
Personally, I would be for lowering taxes but I think his plan goes a little too far. I dont think its possible to get enough growth to make up that much in lost revenue. Plus getting rid of the estate tax and lowering to 15% all pass-thrus is just a hand out to the wealthiest and mostly wouldnt change anything other than the number of zeroes in big bank accounts.
I could go for lowering the self employment tax which kills many small business owners and combine it with a raise in the income in which its applied. I would also agree with lowering taxes on non-passive income business income.
I would also be for simplifying the tax code by increasing the standard deduction but keeping a portion of exemptions or changing child tax credits so some middle families dont see their taxes go up.
Thumbs up, episode 4 was my favorite
In the black lodge MIKE says something along the lines of "he was a creation, youve been tricked, one of you must die", also bad cooper says that he is supposed to go to the black lodge but has a plan. Add to that the hit men in vegas looking for dougie it suggests that evil cooper somehow made a second doppleganger (dougie), put BOB's ring on him so that Cooper would trade places with Dougie, not evil cooper, and then get killed by the hit men so there wouldnt be 2 versions of cooper in real life and he could stay and not return to the black lodge. But he avoided the hitmen and now one of the versions has to go.