$447 bil

[EpyonXero]

So why is it all about fairness when it comes to taxing the rich but when it comes to social programs its "tough shit, life isnt fair?"

[goof2]

Originally Posted by Papa_Complex

The latest trend seems to be giving up American citizenship. Investment losses, claimed against income, Seems to work. Capital losses, based on the devaluation of real estate holdings, is pretty popular this year. Purchasing real estate can result in deductions, for property that will almost certainly increase in value. And the usual moving of funds, to offshore tax havens is difficult, but possible.

If the property you refer to does increase in value the tax man is going to want his cut in cap gains, whether at short term rates (regular income tax rates) or long term rates. Also most of the moving of funds offshore is not only difficult, if done to avoid taxes it isn't a loophole, it is illegal.

[fatbuckRTO]

Originally Posted by RACER X

So if a person doesn't pay taxes how do they pay for the military that defends them? Let Alone welfare and such.

Well, for starters they generally are the military that defends them.

Originally Posted by RACER X

Arguing about where the money goes is a diff topic entirely

Originally Posted by RACER X

that don't pay a dime and generally use more social services.

Indeed.

[shmike]

Originally Posted by Papa_Complex

The latest trend seems to be giving up American citizenship. Investment losses, claimed against income, Seems to work. Capital losses, based on the devaluation of real estate holdings, is pretty popular this year. Purchasing real estate can result in deductions, for property that will almost certainly increase in value. And the usual moving of funds, to offshore tax havens is difficult, but possible.

Damn.

This is a very disappointing post, PC.

Seriously.

I'll leave you with this:

If you don't ask yourself anything, but instead assume that you already know the answers, then you learn nothing.

And this:
http://www.youtube.com/watch?v=5hfYJsQAhl0

[Papa_Complex]

Originally Posted by shmike

Damn.

This is a very disappointing post, PC.

Seriously.

I'll leave you with this:

And this:
http://www.youtube.com/watch?v=5hfYJsQAhl0

If that's all you've got, by way of response, then I can't exactly work up to giving a good goddamn about it.

[RACER X]

Originally Posted by Papa_Complex

What can I say? I'm a believer in the basic social safety net. I'm not willing to throw my fellow citizens under the bus, for my own selfish ends.

whens enough enough?

lets say you make $150k how much are you willing to keep contributing to "help" others, remember some/many people don't pay a dime into "the system".

is there widespread abuse of the system in CA, does everybody pay?

do people in escalades come up to the grocery store w/ their coach purses and done up nails and hair and pay for their groceries w/ a govt food stamp card?

[Papa_Complex]

Originally Posted by RACER X

whens enough enough?

lets say you make $150k how much are you willing to keep contributing to "help" others, remember some/many people don't pay a dime into "the system".

is there widespread abuse of the system in CA, does everybody pay?

do people in escalades come up to the grocery store w/ their coach purses and done up nails and hair and pay for their groceries w/ a govt food stamp card?

If I made $150K, then I'd be willing to pay my income tax, as stated.

There is abuse in the system. There is in any system. I wouldn't refer to it as 'wide spread.'

Yes, it would seem that some people are able to purchase certain luxuries while on government aid. To me, this means that individual payouts are somewhat too high, as it indicates that more people could be helped at a basic subsistence level. Cable TV and cellphones aren't necessities. No, they aren't driving Escalades.

[OneSickPsycho]

Lest we forget...


http://www.twowheelfix.com/showthread.php?t=17541

[askmrjesus]

Originally Posted by RACER X

Wow really, I believe it's really alot when you have people in this country and maybe yours that don't pay a dime and generally use more social services.

You know Ed, for years I thought (based on your posts) that you were kind of...dim.

OK, so that hasn't really changed, BUT, I do believe you're really on to something here.

Social services were designed to help the folks that fall through the cracks. Who better to finance those programs, than the poor, the elderly, and those stupid blind people? You just have to know that they are not reporting all the income they make, selling pencils on street corners.

It's clear, that old, blind, poor people, are ruining America for the rest of us.

The definition of "poor" here in the US, is somebody that makes around 22 grand, with a family of four. WTF are they doing with all the extra cash they must have laying around? They should be giving that shit to the Government.

So, I agree with you. Tough love is the only way we can stop this bullshit, so here's the plan: Raise the tax rate on the poor, elderly and the blind, to 99% of their income. What better incentive could their be, to make people wake up, and be rich, young, and well sighted?

Fucking 'A, problem solved.

JC

[Papa_Complex]

Originally Posted by OneSickPsycho

Lest we forget...


http://www.twowheelfix.com/showthread.php?t=17541

Always a good talking point. Not always good when reality comes into play.