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WarGamer

(12,579 posts)

8. All true... but somehow it never changes.

Reply to Buttoneer (Original post)

Sat Apr 20, 2024, 06:59 PM

Apr 20

For some reason, politicians bleat about raising income tax or corporate taxes...

But the wealthy laugh and stuff their pillow cases with more cash. Other than Sanders and Warren... show me a politician who is willing to change this.

Copying this image... will save me time explaining the EXACT same thing.

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22 replies

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Highlight:

How the Rich Pay No Taxes Diagram [View all] Buttoneer Apr 20 OP

And the ever increasing edhopper Apr 20 #1

How long can they delay paying the financial institution? LakeVermilion Apr 20 #2

At 0% interest, no doubt. Igel Apr 20 #4

debt consolidation programme? Celerity Apr 21 #13

Actually, they kind of CAN dfelay it forever... almost Happy Hoosier Apr 22 #18

All the congress had to do is put a 10 percent jimfields33 Apr 20 #3

But a percentage of what? Happy Hoosier Apr 22 #19

Not quite accurate Bucky Apr 20 #5

The top rate is expected to revert to 39.6% EOY WarGamer Apr 20 #9

A CEO would usually get normal cash income as well and that is taxed. BSdetect Apr 20 #6

When you say "What they spend the borrowed money on is tax deductible (for the interest that is)" muriel_volestrangler Apr 20 #7

Yes, that interest is deductible. BSdetect Apr 21 #11

Which seems to be amazing, from the UK muriel_volestrangler Apr 22 #14

They buy property which can be be depreciated (Trump loves this) Happy Hoosier Apr 22 #20

All true... but somehow it never changes. WarGamer Apr 20 #8

Government gives money to his company Johonny Apr 20 #10

If the argument is that we have should have a wealth tax, You've got a long haul..... brooklynite Apr 21 #12

A wealth tax is handled differently all over Europe DFW Apr 22 #15

wealth taxes are somewhat farught, but.... Happy Hoosier Apr 22 #21

Slick s.o.b.s oasis Apr 22 #16

There needs to be a massive public education campaign Mysterian Apr 22 #17

And don't forget the expenses half of it all Johnny2X2X Apr 22 #22