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Sunny Day 11-16-2011 06:25 PM

50%+ Income Tax
 
Guess it sure hurts those billionaires

It's easy to understand why Bloomberg only takes a token salary of $1 a year as mayor (yes, this is true); he is increasing his wealth (currently valued at $19.5 billion) through his position.

http://blog.buzzflash.com/node/13151

Geeze, 50% tax and they still make huge amounts of money. Tell me one more time how these high taxes hurt the rich??

epitome 11-16-2011 06:37 PM

There is a group called Patriot Millionaires (or something... going off memory) currently begging Congress to raise their taxes for the good of the nation. Couple hundred of them just signed a letter.

marlboroack 11-16-2011 06:40 PM

Yo, hit em up and tell em to give me a million.

IllTestYourGirls 11-16-2011 07:02 PM

Quote:

Originally Posted by epitome (Post 18564926)
There is a group called Patriot Millionaires (or something... going off memory) currently begging Congress to raise their taxes for the good of the nation. Couple hundred of them just signed a letter.

Do these millionaires realize they can pay more to the government voluntarily? And there is nothing patriotic about raising taxes :1orglaugh

Anyone calling for raising of taxes are calling for more wars and more death of innocent women and children. End the wars, we wont need to raise taxes. :2 cents:

Frank21 11-16-2011 07:05 PM

Quote:

Originally Posted by Sunny Day (Post 18564894)
Guess it sure hurts those billionaires

It's easy to understand why Bloomberg only takes a token salary of $1 a year as mayor (yes, this is true); he is increasing his wealth (currently valued at $19.5 billion) through his position.

http://blog.buzzflash.com/node/13151

Geeze, 50% tax and they still make huge amounts of money. Tell me one more time how these high taxes hurt the rich??

i pay 42 % income tax and 19% VAT tax on everything i buy.
If you earn a bit more as me in europe you pay 50% income tax and 19% VAT.

But the people you talk about are TAX exampt in most cases because they use loopholes in the law, like offshore accounts and tax exampt foundations.

biskoppen 11-16-2011 07:09 PM

We pay 50%+ income tax and 25% VAT

12clicks 11-16-2011 07:41 PM

Quote:

Originally Posted by Sunny Day (Post 18564894)
Guess it sure hurts those billionaires

It's easy to understand why Bloomberg only takes a token salary of $1 a year as mayor (yes, this is true); he is increasing his wealth (currently valued at $19.5 billion) through his position.

http://blog.buzzflash.com/node/13151

Geeze, 50% tax and they still make huge amounts of money. Tell me one more time how these high taxes hurt the rich??

It's not about what hurts the rich. It's about keeping what YOU EARN.
Your position in life is not the rich's fault, it's what YOU EARN

woj 11-16-2011 08:19 PM

how would you feel if YOUR taxes were raised? "fuck that!", right?


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