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Now Republicans are trying to pass a 30% national sales tax on Americans. Because they’re really focused on fighting inflation or something.
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Federal Reserve data indicates that as of Q4 2021, the top 1% of households in the United States held 32.3% of the country's wealth, while the bottom 50% held 2.6%. In recent decades, wealth inequality has substantially increased in the United States. Yep GOP followers not understanding that they and the majority of Americans are the people who buy like 99% of the goods and services What’s crazy why are they giving the crazy’s a soap box to even stand on.. They will complain when 6 year olds all get a participation trophy. Yet Republicans are doing the same thing but giving up the house floor Kevin has just gave up any lLegitimacy and seriousness the house had All so he can say he’s speaker .. He put himself before the country . Using the usual GOP rhetoric like freedom radical left fiscal responsibility. And the base of the Republican Party are alike Lemmings Kevin’s right behind Trump |
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Do you have the facts to show that eliminating the income tax and replacing it with a sales tax, would cause more inflation? The cost of goods would go up obviously, but wouldn’t that be at least partially offset by the elimination of the income tax? the gop proposed it, therefore it must be stupid, and probably diabolical. TN is a very popular and booming state, it has no state income tax but a hefty sales tax. That policy hasn’t resulted in a cost of living that keeps people from moving there in huge numbers. doesn’t mean it’s smart national policy, it’s very radical. . But you left out a big , big component of the proposal. |
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In other words,,their share of the national tax burden was just about twice as large as their share of national income. The tax code can likely be tweaked to make it more fair. But it’s already very, very progressive. Trump increased the number of people at the bottom who pay nothing, by doubling the standard deduction. You should celebrate that. but we know why you won’t. https://www.ntu.org/foundation/tax-p...s-income-taxes in a growing economy, wealth inequality has to increase, because the wealthy have more to invest. You can’t prevent that, and there’s no sane reason to try. would you support a law that makes it illegal to work or invest after someone becomes a billionaire? one persons wealth, doesn’t hurt anyone else, assuming they didn’t steal it. the liberal fixation of the wealthy, who today are mostly liberals. The democrats ran the show for two years, how come they didn’t do anything to fix it? |
There is always going to be wealth inequality in a capitalist society. A 30% sales tax will make it worse and only benefit the rich.
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The data presented by NTU shows the increase in wealth inequality since the Reagan administration. Carried to the logical conclusion of your theory that wealth inequality has to increase, we all end up as serfs, living in homes owned by the wealthiest and with no opportunity to escape. Posted from my iPhone/Mobile device |
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in any event, it sounds like a radical, stupid idea. |
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Wealthy people getting wealthier, does not make anyone else a surf. Wealth is not finite. If Jeff Bezos earns another million this afternoon, that doesn’t mean there’s a million less for me and you to scrounge for. it has zero impact on me and you, other than it probably decreases our tax burden. here, you’re saying wealth is bad. but in other posts, you brag that the wealthiest people are mostly democrats. So which is it? One persons wealth, doesn’t cause another persons poverty. It’s not a zero sum game. Every single one of us, knows people who started out poor and got rich. |
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that you claim republicans want to eliminate and replace with a 30% sales tax I am no mathematician but I don’t see how they could fund just the military with their plan Jim’s another republican supporting the wealthy blindly in hope he’ll be rich someday FYI Jim not paying your taxes is stealing… if those in government allow a system to benefit donors who argue those tax laws allow them to hire and re invest But they do neither . It’s stealing |
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But neither you nor I know if that will change the % of tax paid by the top 1%. You're making blind assumptions. But I agree it's probably a stupid idea. On a different note, if the top 1% pay twice as much in federal income tax as they hold of taxable income, doesn't that sort of mean they are paying their share? Your side likes to claim they don't... "I am no mathematician " Get outta here. Could've fooled me... "I don’t see how they could fund just the military with their plan " So either their plan wouldn't even fund the military, or else you don't know what you're talking about, in which case get some facts before you condemn it? "Jim’s another republican supporting the wealthy blindly in hope he’ll be rich someday " I didn't support them, I stated facts. Which party do most wealthy register under, Wayne? So who is bowing to the wealthy? "FYI Jim not paying your taxes is stealing" I agree 100%. So you're saying Al Sharpton is a crooked thief, then? Because your side LOVES him. "if those in government allow a system to benefit donors who argue those tax laws allow them to hire and re invest But they do neither . It’s stealing" (1) the wealthy pay plenty. (2) the wealthy are mostly democrats. Democrats controlled the entire federal government for Bidens first 2 years, and did nothing to improve it. How is that the Republican's fault, exactly? |
Democrats controlled the entire federal government for Bidens first 2 years, and did nothing to improve it. How is that the Republican's fault, exactly?
Odd you dismiss the same argument when used against Republicans Funny how that works |
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For years the Republican said the only reason they spent money at trump's hotel in Washington was because it was convenient. Now they're spending 400 times less. Imagine that.
From its opening in June to the midterm elections, Republican officials, candidates and fundraising committees have spent less than $2,000 at the Waldorf Astoria, according to FEC data. In the same five-month window during the 2018 midterms, Republicans spent more than 400 times that amount with $867K in disbursements to the Trump Hotel. After the property opened in 2016 Republicans spent $266K in its first six months alone. This is only a portion of the spending that took place at the time, as a number of wealthy Republican donors and dark money groups also spent money at Trump’s hotel, without any requirement to disclose that spending to the public. Trump hotel customers often claimed that the hotel’s downtown location and close proximity to the White House and Capitol explained their patronage. Representative Kevin McCarthy disregarded concerns about spending at Trump International, and said that Trump’s properties are “just like any other hotel.” Throughout Trump’s presidency, McCarthy’s committees spent over a quarter-million dollars at Trump properties and earned Trump’s support for his bid for Speaker of the House. The day after T-Mobile announced its merger with Sprint, nine T-Mobile executives stayed at Trump Hotel. CEO John Legere tweeted that the hotel was “convenient” and that the stay would not “have any influence on regulatory decisions.” Trump later approved the merger. The CEO of an energy trade group and Trump’s own campaign director also asserted that the Trump Hotel was a convenient choice for their events. Posted from my iPhone/Mobile device |
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Republicans won’t bring an immigration bill to the floor this week after members raised concerns about its scope and the process
Shocked Posted from my iPhone/Mobile device |
Jordan is investigating the Biden administration's effort to 'target' parents at school board meetings
shocking this has been disproved over and over again More of the same the GOP chasing conspiracy theories The bottom line is Republicans are reading much more into Garland’s memo than it says. The memo focuses strictly on “violence, threats of violence, and other forms of intimidation and harassment” — all of which are crimes — not on parents raising questions or complaints. |
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looked like the teachers union told their dogs to attack. |
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There’s no teacher shortage. There are thousands of certified teachers who left the profession and refuse to be employed in education…you can’t blame them. Posted from my iPhone/Mobile device |
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This is Jim’s republicans other concerns
Why conservatives are accusing the Xbox of being ‘woke’ The criticism comes after the brand said this month it’s rolling out updates to improve the energy efficiency of the video-game consoles The Xbox is the latest product to join a long list — one that includes hamburgers, cars and, most recently, stoves — of everyday items targeted by conservatives who argue efforts to curb carbon emissions threaten Americans’ way of life. Now energy conservation is woke lol Jim why do conservatives want the feds to investigate attacks on conservatives birthing centers? They provide no medical services It’s normal for local law enforcement to ask the feds for help and it’s normal for feds to offer that help.. Can you show us any cases where the feds took over a local investigation that actually involved a parent who allegedly made or didn’t make a threat against a school board member.. I am going with you or Gym can’t provide 1 example.. just more Gopq feelings trying to be sold as facts again And again with the Teachers union is Americas enemy . parroting more gop talking points Posted from my iPhone/Mobile device |
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AT&T's DirecTV Cancels NEWSMAX in Censorship Move
Because no one’s watching and their under no obligation to carry the Show. But but they are being censored Posted from my iPhone/Mobile device |
Since Trumplicans seem to have no historical memory or are just poorly educated, here’s a friendly reminder: just threatening a debt default in 2011 caused the stock market to plunge and mortgage rates to spike.
Is that an economy that works for you? Posted from my iPhone/Mobile device |
So it's begun just passing bills for the sake of passing a bill that will die in the senate .. while calling it responsible legislation
House passes GOP bill limiting Biden reserve sales and requiring oil leasing yep taking care of Big Oil doing little for Americans meanwhile in the real world Chevron posted a record $36.5 billion profit for 2022 that was more than double year-earlier earnings, kicking off what analysts expect to be a bumper earnings season for global energy suppliers. Earlier this week, Chevron said it would triple its spending on share repurchases to $75 billion over five years at current guidance. Other oil companies are expected to follow suit. what no additional drilling |
If Santos loses his congressional seat, thanks to the change in House rules, any House Democrat can call for a vote to vacate the Speaker and Mccarthy doesn't have the votes to get his position as Speaker of the House back.
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The report, prepared by the RNC’s “National Election Integrity Team” and obtained by The Washington Post, reveals the degree to which Republicans continue to trade on former president Donald Trump’s false claims that Democrats and their allies rigged his defeat in 2020.
The report suggests building a massive new party organization involving state-level “election integrity officers” and intensive new training models for poll workers and observers — all based on unsubstantiated claims that Democrats have implemented election procedures that allow for rigged votes. Shocked Posted from my iPhone/Mobile device |
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