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30 May 2023, 09:01 AM | #331 |
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Here you go. This is a good summary.
"Here's who pays the most" "The highest-earning Americans pay the most in combined federal, state and local taxes, the Tax Foundation noted. As a group, the top quintile — those earning $130,001 or more annually — paid $3.23 trillion in taxes, compared with $142 billion for the bottom quintile, or those earning less than $25,000." https://www.cbsnews.com/news/who-pay...20%2425%2C000. |
30 May 2023, 09:16 AM | #332 | |
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Least likely to “pay their fair share”. That’s an interesting statement. How you define fair share is the key here. Aside from payroll taxes, which for the most part are just forced retirement and disability insurance, the bottom 50% pays zero income tax towards the general budget in the US. “Fair” is very relative. Sent from my iPad using Tapatalk |
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30 May 2023, 09:21 AM | #333 |
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More diverse!
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30 May 2023, 09:34 AM | #334 | |
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He lays out all the data showing that there is LESS of those things than at any time in human history. This is the safest period of time in Earth's history for humans. These are the good old days, world wide. The pockets where political powers will not allow peace, freedom, prosperity are smaller than ever before. |
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30 May 2023, 09:58 AM | #335 | |
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Worked at an AD in Cincinnati
Quote:
Yuval Noah Harari is right. You’re right. Here’s the thing though…I think we can do better. There are still huge homeless, crime, and urban decay problems in our largest cities. Plus, there are still pockets around the world that are big issues. Sent from my iPhone using Tapatalk |
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30 May 2023, 10:22 AM | #336 | |
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And if income taxes were the only taxes people paid you’d be correct. And you’d also be correct if all earnings were classified as income. But honestly I apologize for my part in this discussionn on a watch forum. I’m backing out. |
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30 May 2023, 10:33 AM | #337 | |
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Umm, I literally said “aside from payroll taxes”, which acknowledges that there’s more than just income tax. Yes, there’s also sales tax and other consumption taxes, too (gas taxes, etc.). My point was just that the definition of “fair share” is pretty nebulous. Sorry, I just hate that term. Sent from my iPad using Tapatalk |
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30 May 2023, 10:42 AM | #338 | |
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That’s why I put the term in quotes in my post… |
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30 May 2023, 11:05 AM | #339 |
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Maybe you should flame the junior varsity watch dealers that buy all of their watches in an LLC and have a “jewelry business”
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30 May 2023, 11:19 AM | #340 |
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Worked at an AD in Cincinnati
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30 May 2023, 02:25 PM | #341 |
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All this controversy about taxes. Wait until you all find out how many wealthy people write off the watch purchase as a business expense / inventory.
Lol |
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