Top Republican Plans Tax Hikes on 100 Million Americans
Source: Political Wire
...snip...
Scotts top priorities include completing the border wall and naming it after Donald Trump, declaring that there are two genders, ending any reference to ethnicity on government forms and instituting 12-year term limits for members of Congress.
And then theres this one: All Americans should pay some income tax to have skin in the game, even if a small amount.
While that might sound innocuous in theory, in practice it means raising income taxes on more than 100 million, mostly poor Americans.
Read more: https://politicalwire.com/2022/02/22/top-republican-proposes-tax-hikes-for-100-million/
packman
(16,296 posts)Man is a perfect distillation of a Repuke - Self centered, crooked, and willing- hell, even eager- to kill for a dollar.
"After his company defrauded Medicare while he walked away with $300 million, Scott has consistently stood with health care corporations and special interests allies to restrict access to health care for working families"
https://www.accountable.us/news/after-overseeing-biggest-medicare-fraud-in-history-sen-scott-doesnt-want-to-vote-on-health-nominee-that-would-crack-down-on-medicare-fraud/
orwell
(7,769 posts)...Tax the poor
Put false gods before you
AND
"God" created Adam and Eve, not Adam and Steve.
Got it.
Let's see how that works out for y'all...
brooklynite
(94,333 posts)orwell
(7,769 posts)..."white makes right!"
Orrex
(63,172 posts)Can't possibly happen soon enough.
DemocraticPatriot
(4,310 posts)XacerbatedDem
(511 posts)oldsoftie
(12,489 posts)Of course, he ruins that by adding that other bullshit
Doesn't have to be a ton, but every year fewer & fewer pay all the income taxes. Can't be sustained. Yes, people who pay no income taxes likely pay some local and/or state taxes, but that does nothing to fund the US government.
In Europe everyone pays into the system. It should be that way here. Along with a minimum corporate tax.
mntleo2
(2,535 posts)I pay upwards of 18% of my meager income in taxes. Http://www.itep.org/whopays. I live in WA State, and two of the richest men in the world live here. They pay less than 2% of their $billions in taxes. If just one of them paid the 18+% I pay, they would still have over $70+billion to "eke" out their living AND would take care of the deficits we have. And anybody who dares to try to tell the poor they don't pay federal taxes just state taxes, well yes we do as state's revenues go to the feds as well. Rick Scott is a GOP tool who needs to pay what the poor pays or STFU!
oldsoftie
(12,489 posts)State tax revenue doesn't go to the federal government
I never said the rich shouldn't be paying more. They should. And the loopholes like "carried interest" need to be dealt with as well. Basing a company offshore should (somehow) be stopped.
Why can't we have an EU style tax system? It seems to work well for them.
Statistics like 300% are used all the time by politicians and wonks even though you are correct, there is nothing higher than 100%. But multiply that 100% X those who pay the lowest and that is what I pay. Actually I was low balling this percentage. In my state Bill Gates pays about 2% of his $billions, I pay 18% in our income. I am actually paying 900% more by these numbers. See?
And yes, states pay plenty of revenue to the feds in order to BE a state, a tiny amount through corporate taxes and other resources ~ and yes, paid by We The People. The reason for this is myriad. In my state Boeing, which was founded and paid for by We The People in this state did not pay one cent in corporate taxes for the past 2 decades. Who paid in their place then? Oh yes, cook the books so as not to pay any taxes so where that money comes is ~ from where?
You guessed it, We The People again.
https://www.taxpolicycenter.org/briefing-book/what-are-sources-revenue-federal-government
Just saying here is where this money comes from ~ And most certainly, it is *not* the rich or their money sucking, polluting, slave laboring corporations. Thus because of this situation the poor pay the highest percentage of their incomers in every single state. Here is my state but you can look up yours there as well. https://itep.org/whopays/washington/
My (way more than) 2 cents
Cat in Seattle
DemocraticPatriot
(4,310 posts)can be made more effective as a campaign issue.
But wait--- does this mean he wants to repeal the Trump 2017 tax cuts? It can't be done without that...
Anyway, anyone with more than $600 is already "paying something into the federal system"-- social security taxes, which are regressive, and into which the better off do not pay their fair share.
oldsoftie
(12,489 posts)dsc
(52,152 posts)and those are paid on every dollar earned up to $120k or so.
oldsoftie
(12,489 posts)The SS program should be solely for payment of benefits.
But Congress couldn't keep their hands off it.
dsc
(52,152 posts)marie999
(3,334 posts)oldsoftie
(12,489 posts)You served our country & have earned whatever level you have.
gab13by13
(21,256 posts)Old Crank
(3,525 posts)that poor Americans don't have 'skin in the game'
The poor have more in teh game than Scott the criminal has.
OldBaldy1701E
(5,088 posts)patphil
(6,150 posts)First off, we don't need a border wall, and secondly, why would we want a border wall called "The lying sack of shit border wall"?
And then there's this income tax thing. Let's tax the poor so they can "have skin in the game". What he really means is he wants to skin them alive. God forbid he would ask the top 1% to pay their fair share.
czarjak
(11,253 posts)They're pretty damned good at it! Praise Jesus.
paleotn
(17,881 posts)Brainfodder
(6,423 posts)The worst. (part of that group of awful and even he tops most of them!)
Omaha Steve
(99,494 posts)Zambero
(8,962 posts)Back in '94 Newt and the gang made a bunch of noises by highlighting a term limits proposal as part of their "Contract With America". Once they were in power, it was immediately scrapped.
oldsoftie
(12,489 posts)We need an Amendment for term limits now!
OldBaldy1701E
(5,088 posts)Zambero
(8,962 posts)And not long-term implementation, given the "unconstitutionality" involved. Political DNA does not include a career-limiting "death wish". Interesting to note that one of the few elected offices that is term-limited is the POTUS. I'm a proponent of extending term limits to Congress and the Supreme Court as well, but the manner in which this issue has been bandied about since day one tends to leave one just a bit cynical.
dsc
(52,152 posts)oldsoftie
(12,489 posts)Serving was never meant to be a career nor should you be able to lord over the other members because you've been there 40 years.
Almost ALL Americans support term limits
dsc
(52,152 posts)they are perfectly capable of voting out incumbents. We did that with Trump, we did that with many Senators.
oldsoftie
(12,489 posts)Especially when almost everyone supports it. It would require an Amendment, so put it to a vote & see.
Many get very rich while in office. And little is done to stop it. We'll see how this trading rule comes out, but they're already loopholing it. 30,40+ year terms are totally unwarranted.
Presidents were term limited because of the obvious power a sitting president has & how it grows over time. Congress has gotten just as bad or worse.
dsc
(52,152 posts)imagine if we had someone trying to find the bathroom as Speaker with Trump as President.
oldsoftie
(12,489 posts)Limits don't have to be ONE term. Just not UNLIMITED.
dsc
(52,152 posts)meaning that you either get a first time speaker with 10 years experience or if you are lucky speaker gets to start at say year 7 and go to year 12. Neither would have been remotely good given the challenges of Trump. We were very fortunate to have Pelosi both times she was speaker.
Jimbo S
(2,958 posts)I've always thought all adult Americans (at least pre-retirement) should pay something in federal tax, even if it is just a nominal $1.
GenThePerservering
(1,772 posts)Unfortunately, the administrative costs to handle that $1 would far outstrip the contribution.
I'd rather see these corporate welfare kings/queens get off the teat and start paying their share, and as well work to lift more people out of poverty so they can live better and contribute to the common good. As a former member of the Poors, I know how little one makes to not have to pay taxes -I was close to sleeping on park benches - and that a third of our population is in this boat in a supposedly wealthy nation is a scandal.
oldsoftie
(12,489 posts)We need a sales tax/vat tax to capture the trillions of untaxed, unreported income.