2020 Field

That would be billionaires,with a B.
A guy won $1.4M last week betting on Tiger.
Ozzie signed for $35M
.... what is your point without the hyperbolic inuendo.

Did Sen Sanders pay his taxes at,an increased rate or hide the money in off shore accounts ?
Or fund a sham "Foundation"
You still havent read Fitzgerald
 
goldfly said:
i literately choose to pay more taxes

i do it every year

State taxes have certain causes you can directly send money to and i always choose to add some to most of those causes i agree with
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I commend you. If that’s what you feel is the right thing to do then so be it.

57 told me this was an asinine premise.
 
sturg33 said:
Yall are never gonna believe this but a democratic candidate proposed a massive free entitlement program today
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The strategy is either shipping votes in from the third world or buying votes with short term sugar that will end quickly.
 
thethe said:
The strategy is either shipping votes in from the third world or buying votes with short term sugar that will end quickly.
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You gotta admit, it's a really bold, transformative strategy to propose giving $1.6T away in a debt re-distribution scheme from the responsible to the irresponsible... all while doing nothing to address the underlying condition of the problem.

Heroic, even.
 
sturg33 said:
You gotta admit, it's a really bold, transformative strategy to propose giving $1.6T away in a debt re-distribution scheme from the responsible to the irresponsible... all while doing nothing to address the underlying condition of the problem.

Heroic, even.
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Easy to spend others money
 
sturg33 said:
You gotta admit, it's a really bold, transformative strategy to propose giving $1.6T away in a debt re-distribution scheme from the responsible to the irresponsible... all while doing nothing to address the underlying condition of the problem.

Heroic, even.
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She’s getting a lot of mileage out of that (probably unconstitutional) wealth tax...green new deal, healthcare for all, now free college and loan forgiveness. The math doesn’t come close to adding up, but don’t stop her now, she’s on a roll
 
show where the math doesn't add up ?

I am sure greater minds than know it alls on reddit or baseball boards have run the numbers

and please, since you made the statement lets avoid the my think tank can beat up your think tank nonsense

as far as unconstitutional --- might want to visit a history book now and again
 
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57Brave said:
show where the math doesn't add up ?

I am sure greater minds than know it alls on reddit or baseball boards have run the numbers

and please, since you made the statement lets avoid the my think tank can beat up your think tank nonsense

as far as unconstitutional --- might want to visit a history book now and again
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https://www.google.com/amp/s/www.vo...18211833/wealth-tax-calculator-warren-sanders

“UC Berkeley economist Emmanuel Saez, who is advising Warren, estimates that the tax will hit 75,000 households and raise $2.75 trillion over a 10-year period.”


The college plan is about $1.2T, her child care proposal is $0.7T, and her housing plan is $0.5B, all her estimates, and all programs she has said she would use this money for. Setting aside whether these numbers are low balls, which requires ignoring everything we know about politicians doing math for the past few centuries, we’re down to $300 billion. The urban Institute (I don’t know where to get estimates if not from a think tank, so I’ll use a liberal one) is $32T next decade. It’s hard to know exactly what the green new deal will cost, but it’s in the trillions, and we’re already $31+ trillion short. We haven’t even gotten to the obligations the govt already has to figure out how to meet over the next decade, or any other potential goodies (is Warren going to say no to a federal jobs guarantee? That’s been estimated at $6-7T).

Whether you like it or not, the constitutionality of the wealth tax is certainly in question. Her entire basket of promises would hinge on the (conservative) SC ruiling in her favor. Even if it survived that challenge, there are other significant challenges the tax would have to survive.

I see a hell of a lot of spending being offset by a questionable tax using generous revenue assumptions and we’re still well short. What are the other taxes that’ll have to make up the difference?
 
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I’ve got to take issue with the characterization of forgiving student loan debt as “redistribution from the responsible to the irresponsible.”

I know many scrupulously responsible, hard-working people who are paying off student loans and will be for decades. Many of them are people from modest backgrounds who thought that incurring debt in order to attend college was the responsible choice. Similarly, given the percentage of wealth in this country that’s inherited, there’s nothing inherently “responsible” or virtuous about wealth.

You can disagree with the proposal on its merits, but this is a poor characterization.
 
Julio3000 said:
I’ve got to take issue with the characterization of forgiving student loan debt as “redistribution from the responsible to the irresponsible.”

I know many scrupulously responsible, hard-working people who are paying off student loans and will be for decades. Many of them are people from modest backgrounds who thought that incurring debt in order to attend college was the responsible choice. Similarly, given the percentage of wealth in this country that’s inherited, there’s nothing inherently “responsible” or virtuous about wealth.

You can disagree with the proposal on its merits, but this is a poor characterization.
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Well, that's nice that you think that. But that doesn't make it so.

If you borrow money from someone, it is irresponsible to not pay it back. Worse yet, it's ****ed up to demand that others pay it back for you.

Taking a mortgage on a house can be thought of as responsible. Or an auto loan. Or a night in Vegas. Hell, I lost $18K in stock market last year in an attempt to invest responsibly. Where's my bailout? Why aren't we wiping out mortgage debt? (I'm sure one of our socialist candidates isn't far from proposing it, though)

Going to school and not getting a math/cis degree is not a responsible decision anymore unless you have a plan to pay for it. Taking out tens of thousands of dollars to buy something that is proving to be more and more worthless is not responsible.
 
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