LOL and the dude stayed so calm. Not shocking that they'd have another bill o reilly type moment (and yes, I know that moment was on Inside Edition or whatever).
You must never be satisfied with losing. You must get angry, terribly angry, about losing. But the mark of the good loser is that he takes his anger out on himself and not his victorious opponents or on his teammates. -- Richard M. Nixon barfo
Do you mean that even Nixon would not have approved of Trump? Of course, I don't see any way that Nixon would have approved of Nixon.
I tried to watch it and got to the part where the dumbass mentions 70-80-90 percent taxes in the past and going back to that simple solution. What a fucking moron. Not surprised you find that idiot "historian" a winner. Gotta go to work. I'll save the rest where Tucker has a meltdown for later.
I taught my kids that one of the toughest things about sports was knowing how to act after a loss. Being a good sport is sometimes one of the hardest things to do after a loss! Being a good sport is more than a cliché!
Why don't you understand that: A. That's 1800 Americans.. You and I won't be affected by it at all.. B. Even though the rate is that high you avoid paying it by investing in your business (which is what they did back then). C. It's taxed ABOVE 10 million. D: Netflix Amazon GE BofA (Just to name a few) Paid ZERO taxes last year. As a matter of fact they got a fucking refund.... Nobody you know will pay that. George Soros and Warren Buffett need to pay their taxes.
It isn't that simple. Different time in the world. The gravy train days of post WW2 are long gone. We need to quit spending money not take most of it from someone. Tax anyone 90 percent and they'll take every cent they have somewhere else. Seriously, send Bezos a personal tax bill of 130 billion or so and see what happens. I want everyone to pay their fair share, don't get me wrong but if we want giant companies to exist (not even saying we do for sure) but IF we do then letting them keep their money to reinvest makes sense. Letting Amazon continue what Wal-Mart started in destroying small business may not be what we want. I don't know. Spreading all the money you'd take above 10 million would cause big companies to disappear so no more 10 million and no more Amazon. My point is that anyone who says "70 or 80 or 90 percent is just so simple" is fucking dumb.
You've bought into the conservative line of bullshit. Low taxes NEVER spurs growth. Give a millionaire a dollar and they hoard 70% of it.
Tax rates are on income, not wealth. Bezos's bill would be much smaller than that. It's complicated - of course - but money reinvested in the company mostly gets deducted, either via expense or depreciation, so it isn't taxable. So 'letting them keep their money to reinvest' isn't really a thing. Tax rates do have consequences, but they aren't really the consequences you state here. Besides that, personal rates and corporate rates don't have to be identical (and they are not now). barfo