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harumph

(3,601 posts)
15. The rich typically have little "income" as it is defined in the tax code.
Mon Jul 6, 2026, 10:37 AM
Yesterday

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 Yesterday #1
lol - grad school philosophy? TBF Yesterday #23
The response was about likelihood of an academic discussion with Proud Boys and MAGAts Roy Rolling 19 hrs ago #94
The point was the content, not the reading level. nt TBF 19 hrs ago #95
But only in groups! enigmania 15 hrs ago #103
When talking to the immature, one must speak at their level. liberal N proud 14 hrs ago #104
I thought dems were socialist? Now we are communists? Do they know ,? Srkdqltr Yesterday #2
i got called a communist pinko pig in high school by my rop instructor. i wear thatt badge proudly!!!!!! AllaN01Bear 23 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 18 hrs ago #96
Yes i know. Srkdqltr 18 hrs ago #99
I have heard MAGAts use them together describing Democrats liberal N proud 14 hrs ago #105
Exactly! LakeVermilion Yesterday #3
"I'm becoming a believer in a flat income tax rate for everyone with no deductions." MichMan Yesterday #12
You'd be surprised what the "investor class" - TBF Yesterday #24
I'm in. Joinfortmill Yesterday #34
The rich typically have little "income" as it is defined in the tax code. harumph Yesterday #15
This is exactly why we need and must implement a wealth tax in place of the income tax... Moostache 23 hrs ago #35
I could not have elaborated on this better. harumph 23 hrs ago #41
How would total wealth be calculated? MichMan 22 hrs ago #65
First off you'd need to define "wealth" - TBF 22 hrs ago #75
So, we don't want people to associate Democrat with Communist, but reference the writings of Karl Marx ? MichMan 22 hrs ago #76
Lol - I have never disparaged Marx - that's all you TBF 22 hrs ago #77
Marx correctly diagnosed a problem - even though the proposed cure was no good. harumph 21 hrs ago #80
I'd be happy with simply going after financial assets. KPN 18 hrs ago #97
Excellent summary of where we're at. nt TBF 22 hrs ago #73
hence "the rich need to pay their fair share in taxes" Skittles 21 hrs ago #86
A flat tax harms the poorest of us the most Bettie 23 hrs ago #56
100%. nt TBF 21 hrs ago #85
I don't think it's anything to get worked up about Kaleva Yesterday #4
Even fewer know what an oligarch is. MichMan 23 hrs ago #53
With probably little effect Kaleva 22 hrs ago #71
If you are explaining why you aren't a communist, you are losing. gab13by13 Yesterday #5
So let Fox the GOP give you a label and do nothing so it sticks with idiot voters Chasstev365 Yesterday #9
I'm a Democrat, I support Democrats gab13by13 22 hrs ago #79
Calling them idiots and ignoring them hasn't exactly been working for the past 30 years either. meadowlander 20 hrs ago #93
Personally, I would just LMAO..... lastlib Yesterday #6
Simple explanation: There are some things we can agree to share the cost of - Ocelot II Yesterday #7
We currently have all of that under the current status quo MichMan 23 hrs ago #52
Yes, but the whole point is to avoid calling any of it socialism, Ocelot II 20 hrs ago #91
I'm not a pedophile! (Logic and discussion are cbabe Yesterday #8
Easier: "Define communist/communism". No? Bye." niyad Yesterday #10
Exactly. He who's explaining and defining... is losing. QueerDuck 22 hrs ago #67
Actually, that was not what I meant at all. When someone uses those niyad 17 hrs ago #100
Yes. My point was to agree with you... that Democrats (or liberals, or progressives) should... QueerDuck 17 hrs ago #102
Not afraid of Randall (republicans) anymore Blue Full Moon Yesterday #11
I say they've only won 3 primaries out of the whole country creeksneakers2 Yesterday #13
But they are using a handful of candidates who call themselves socialists. SamuelAdams Yesterday #14
They call themselves Democratic Socialists, not Socialists Wiz Imp Yesterday #18
lol - they'll just come up with something else to call them TBF Yesterday #26
The upcoming general election will pit candidates with an "R" behind their name against candidates with a "D"... Escape Yesterday #16
Don't say New Deal SocialDemocrat61 Yesterday #17
I always say I like the Nordic model. That usually shuts them up. Joinfortmill 23 hrs ago #36
Nordic? SocialDemocrat61 23 hrs ago #42
Oh, for heaven sakes. Joinfortmill 23 hrs ago #54
Shouldn't we recognize SocialDemocrat61 23 hrs ago #58
I'm talking about the economic sytem... Joinfortmill 22 hrs ago #64
And the term Nordic SocialDemocrat61 22 hrs ago #68
I didn't create the name. It can be used to develop a basis Joinfortmill 22 hrs ago #69
So why shouldn't we come up with a better SocialDemocrat61 22 hrs ago #72
Editorial or a cite? Torchlight 23 hrs ago #59
Both and neither SocialDemocrat61 23 hrs ago #60
Editorial. Torchlight 22 hrs ago #61
Yes, SocialDemocrat61 22 hrs ago #62
Or anyone else under 100 years old. BannonsLiver 21 hrs ago #82
More importantly, a majority of Americans don't know what the New Deal is. progressoid 11 hrs ago #106
Very true SocialDemocrat61 2 hrs ago #109
It really should not be hard to show people why they should be way more afraid of billionaires and... Ol Janx Spirit Yesterday #19
Sounds good in theory BUT, Dave Id Yesterday #20
Agree. When someone refuses to accept basic facts and reality, there spooky3 Yesterday #31
How about this angle MoseShrute Yesterday #21
Given current beef, coffee and gas prices Torchlight Yesterday #22
I don't believe in capitalism Farmer-Rick Yesterday #25
Exactly capitalism needs poor people in order for that system to exist Alpeduez21 Yesterday #29
Gee, there are some capitalist countries out there with robust safety nets... harumph 21 hrs ago #90
Exactly right. Those countries have the "safety nets" but very few folks are falling into them. FadedMullet 17 hrs ago #101
Here's the problem with capitalism Farmer-Rick 1 hr ago #110
Maybe the Dems in charge could get on board with the reality that socialist Dems are what the voters want Alpeduez21 Yesterday #27
Communism for billionaires keeps the oligarchs afloat bucolic_frolic Yesterday #28
"In Communism, the government owns businesses (the means of spooky3 Yesterday #30
A 5th Grader could look up and understand the definition of "communist" William Seger Yesterday #32
I like it. Short and simple. Even these bums can get it. Joinfortmill Yesterday #33
Actually just let him ramble Blue Full Moon 23 hrs ago #37
Stop telling people you are a socialist Boo1 23 hrs ago #38
Way Simpler ProfessorGAC 23 hrs ago #39
Nope. Being affirmative with an unassailable label... reACTIONary 23 hrs ago #46
Nope - What I Said Is Not A Denial ProfessorGAC 22 hrs ago #63
What about both? The accusations about communists are stupid lies..... reACTIONary 22 hrs ago #74
That's Pretty Good ProfessorGAC 22 hrs ago #78
How defensive. That's a losing approach. David__77 23 hrs ago #43
As opposed to what? What would your approach be? reACTIONary 23 hrs ago #47
Go on the attack on something else. David__77 21 hrs ago #83
So, do a "pivot" to avoid .... reACTIONary 21 hrs ago #87
Yes he wants to play word games instead of talking about material issues David__77 21 hrs ago #88
Excellent! Avoid the socialist smear.... reACTIONary 23 hrs ago #44
No Cirsium 23 hrs ago #45
Found this on Facebook catbyte 23 hrs ago #48
Time to call Trump/GOP Nazis DemocracyForever 23 hrs ago #49
Great advice, totally logical and reasonable. But MAGAts will never accept the Democrats aren't communists because Martin68 23 hrs ago #50
Hand them a dictionary? krawhitham 23 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 23 hrs ago #55
Dem counties produce 70% of US economy. GOP counties contribute just 29%. blm 23 hrs ago #57
Keep it simple Blumancru 22 hrs ago #66
You're going to be a "communist" to them no matter what you say ck4829 22 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 18 hrs ago #98
Jesus H Christ BannonsLiver 21 hrs ago #81
also add... mdbl 21 hrs ago #84
Basically a Democratic Capitalist. hadEnuf 21 hrs ago #89
Stay clear of Party for Socialism and Liberation. They are the communist party and trying infiltrate the LeftInTX 20 hrs ago #92
I like it. Timeflyer 3 hrs ago #107
"Tell me exactly what is so radical about that?" OldBaldy1701E 3 hrs ago #108
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