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harumph

(3,600 posts)
15. The rich typically have little "income" as it is defined in the tax code.
Mon Jul 6, 2026, 10:37 AM
19 hrs ago

They make sure of that. What they do have is capital gains and loans against their wealth. That's why talk about increasing taxes on income will not impact them. Corporations should pay more and there should be some tax on electronic trades at the very least. These solutions are out there - but discussions about them are suppressed by the media because the media owners don't want you to know the difference between income and capital gains for example. A hike in income taxes is just going to gore the lower and middle classes.

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7 members have recommended this reply (displayed in chronological order):

the proud boys will not be at our doors to discuss graduate school philosophy rampartd 21 hrs ago #1
lol - grad school philosophy? TBF 19 hrs ago #23
The response was about likelihood of an academic discussion with Proud Boys and MAGAts Roy Rolling 14 hrs ago #94
The point was the content, not the reading level. nt TBF 14 hrs ago #95
But only in groups! enigmania 10 hrs ago #103
When talking to the immature, one must speak at their level. liberal N proud 9 hrs ago #104
I thought dems were socialist? Now we are communists? Do they know ,? Srkdqltr 21 hrs ago #2
i got called a communist pinko pig in high school by my rop instructor. i wear thatt badge proudly!!!!!! AllaN01Bear 18 hrs ago #40
There isn't a Republican alive who knows the damn difference anymore, if they ever did. They've been pushing this shit Karasu 13 hrs ago #96
Yes i know. Srkdqltr 13 hrs ago #99
I have heard MAGAts use them together describing Democrats liberal N proud 9 hrs ago #105
Exactly! LakeVermilion 21 hrs ago #3
"I'm becoming a believer in a flat income tax rate for everyone with no deductions." MichMan 20 hrs ago #12
You'd be surprised what the "investor class" - TBF 19 hrs ago #24
I'm in. Joinfortmill 18 hrs ago #34
The rich typically have little "income" as it is defined in the tax code. harumph 19 hrs ago #15
This is exactly why we need and must implement a wealth tax in place of the income tax... Moostache 18 hrs ago #35
I could not have elaborated on this better. harumph 18 hrs ago #41
How would total wealth be calculated? MichMan 17 hrs ago #65
First off you'd need to define "wealth" - TBF 17 hrs ago #75
So, we don't want people to associate Democrat with Communist, but reference the writings of Karl Marx ? MichMan 17 hrs ago #76
Lol - I have never disparaged Marx - that's all you TBF 17 hrs ago #77
Marx correctly diagnosed a problem - even though the proposed cure was no good. harumph 16 hrs ago #80
I'd be happy with simply going after financial assets. KPN 13 hrs ago #97
Excellent summary of where we're at. nt TBF 17 hrs ago #73
hence "the rich need to pay their fair share in taxes" Skittles 16 hrs ago #86
A flat tax harms the poorest of us the most Bettie 18 hrs ago #56
100%. nt TBF 16 hrs ago #85
I don't think it's anything to get worked up about Kaleva 21 hrs ago #4
Even fewer know what an oligarch is. MichMan 18 hrs ago #53
With probably little effect Kaleva 17 hrs ago #71
If you are explaining why you aren't a communist, you are losing. gab13by13 21 hrs ago #5
So let Fox the GOP give you a label and do nothing so it sticks with idiot voters Chasstev365 20 hrs ago #9
I'm a Democrat, I support Democrats gab13by13 16 hrs ago #79
Calling them idiots and ignoring them hasn't exactly been working for the past 30 years either. meadowlander 15 hrs ago #93
Personally, I would just LMAO..... lastlib 20 hrs ago #6
Simple explanation: There are some things we can agree to share the cost of - Ocelot II 20 hrs ago #7
We currently have all of that under the current status quo MichMan 18 hrs ago #52
Yes, but the whole point is to avoid calling any of it socialism, Ocelot II 15 hrs ago #91
I'm not a pedophile! (Logic and discussion are cbabe 20 hrs ago #8
Easier: "Define communist/communism". No? Bye." niyad 20 hrs ago #10
Exactly. He who's explaining and defining... is losing. QueerDuck 17 hrs ago #67
Actually, that was not what I meant at all. When someone uses those niyad 12 hrs ago #100
Yes. My point was to agree with you... that Democrats (or liberals, or progressives) should... QueerDuck 12 hrs ago #102
Not afraid of Randall (republicans) anymore Blue Full Moon 20 hrs ago #11
I say they've only won 3 primaries out of the whole country creeksneakers2 20 hrs ago #13
But they are using a handful of candidates who call themselves socialists. SamuelAdams 19 hrs ago #14
They call themselves Democratic Socialists, not Socialists Wiz Imp 19 hrs ago #18
lol - they'll just come up with something else to call them TBF 19 hrs ago #26
The upcoming general election will pit candidates with an "R" behind their name against candidates with a "D"... Escape 19 hrs ago #16
Don't say New Deal SocialDemocrat61 19 hrs ago #17
I always say I like the Nordic model. That usually shuts them up. Joinfortmill 18 hrs ago #36
Nordic? SocialDemocrat61 18 hrs ago #42
Oh, for heaven sakes. Joinfortmill 18 hrs ago #54
Shouldn't we recognize SocialDemocrat61 17 hrs ago #58
I'm talking about the economic sytem... Joinfortmill 17 hrs ago #64
And the term Nordic SocialDemocrat61 17 hrs ago #68
I didn't create the name. It can be used to develop a basis Joinfortmill 17 hrs ago #69
So why shouldn't we come up with a better SocialDemocrat61 17 hrs ago #72
Editorial or a cite? Torchlight 17 hrs ago #59
Both and neither SocialDemocrat61 17 hrs ago #60
Editorial. Torchlight 17 hrs ago #61
Yes, SocialDemocrat61 17 hrs ago #62
Or anyone else under 100 years old. BannonsLiver 16 hrs ago #82
More importantly, a majority of Americans don't know what the New Deal is. progressoid 6 hrs ago #106
It really should not be hard to show people why they should be way more afraid of billionaires and... Ol Janx Spirit 19 hrs ago #19
Sounds good in theory BUT, Dave Id 19 hrs ago #20
Agree. When someone refuses to accept basic facts and reality, there spooky3 19 hrs ago #31
How about this angle MoseShrute 19 hrs ago #21
Given current beef, coffee and gas prices Torchlight 19 hrs ago #22
I don't believe in capitalism Farmer-Rick 19 hrs ago #25
Exactly capitalism needs poor people in order for that system to exist Alpeduez21 19 hrs ago #29
Gee, there are some capitalist countries out there with robust safety nets... harumph 16 hrs ago #90
Exactly right. Those countries have the "safety nets" but very few folks are falling into them. FadedMullet 12 hrs ago #101
Maybe the Dems in charge could get on board with the reality that socialist Dems are what the voters want Alpeduez21 19 hrs ago #27
Communism for billionaires keeps the oligarchs afloat bucolic_frolic 19 hrs ago #28
"In Communism, the government owns businesses (the means of spooky3 19 hrs ago #30
A 5th Grader could look up and understand the definition of "communist" William Seger 19 hrs ago #32
I like it. Short and simple. Even these bums can get it. Joinfortmill 18 hrs ago #33
Actually just let him ramble Blue Full Moon 18 hrs ago #37
Stop telling people you are a socialist Boo1 18 hrs ago #38
Way Simpler ProfessorGAC 18 hrs ago #39
Nope. Being affirmative with an unassailable label... reACTIONary 18 hrs ago #46
Nope - What I Said Is Not A Denial ProfessorGAC 17 hrs ago #63
What about both? The accusations about communists are stupid lies..... reACTIONary 17 hrs ago #74
That's Pretty Good ProfessorGAC 16 hrs ago #78
How defensive. That's a losing approach. David__77 18 hrs ago #43
As opposed to what? What would your approach be? reACTIONary 18 hrs ago #47
Go on the attack on something else. David__77 16 hrs ago #83
So, do a "pivot" to avoid .... reACTIONary 16 hrs ago #87
Yes he wants to play word games instead of talking about material issues David__77 16 hrs ago #88
Excellent! Avoid the socialist smear.... reACTIONary 18 hrs ago #44
No Cirsium 18 hrs ago #45
Found this on Facebook catbyte 18 hrs ago #48
Time to call Trump/GOP Nazis DemocracyForever 18 hrs ago #49
Great advice, totally logical and reasonable. But MAGAts will never accept the Democrats aren't communists because Martin68 18 hrs ago #50
Hand them a dictionary? krawhitham 18 hrs ago #51
We also need to attack: Here are three reasons why we say the Republican Party has been taken over by fascists... Doodley 18 hrs ago #55
Dem counties produce 70% of US economy. GOP counties contribute just 29%. blm 18 hrs ago #57
Keep it simple Blumancru 17 hrs ago #66
You're going to be a "communist" to them no matter what you say ck4829 17 hrs ago #70
This. Been that way for like 80 years. Why are people acting like this is news? This is the oldest trick in the book. Karasu 13 hrs ago #98
Jesus H Christ BannonsLiver 16 hrs ago #81
also add... mdbl 16 hrs ago #84
Basically a Democratic Capitalist. hadEnuf 16 hrs ago #89
Stay clear of Party for Socialism and Liberation. They are the communist party and trying infiltrate the LeftInTX 15 hrs ago #92
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