For My Friend @07Pilt

[Ponca Dan]

This must make you very happy! Your vision is falling into place!

Is this really better than borrowing? - Marginal REVOLUTION

Or how about a VAT? President Joe Biden will propose almost doubling the capital gains tax rate for wealthy individuals to 39.6%, which, coupled with an existing surtax on investment income, means that federal tax rates for investors could be as high as 43.4%, according to people familiar with...

marginalrevolution.com

 

[07pilt]

This must make you very happy! Your vision is falling into place!

Is this really better than borrowing? - Marginal REVOLUTION

Or how about a VAT? President Joe Biden will propose almost doubling the capital gains tax rate for wealthy individuals to 39.6%, which, coupled with an existing surtax on investment income, means that federal tax rates for investors could be as high as 43.4%, according to people familiar with...

marginalrevolution.com

I don't think it is wise for Biden to raise taxes at this juncture, but if he has to increase taxes, these are the perfect taxes to increase.

 

[On Tulsa Time]

I don't think it is wise for Biden to raise taxes at this juncture, but if he has to increase taxes, these are the perfect taxes to increase.

Taxation is theft.

 

[soonerinlOUisiana]

Just curious, 07putz, what percentage of our income do you think we should be permitted to keep?

 

[NeekReevers]

Taxation is theft.

How is it theft when you willingly live in a country that requires them? Is it theft if you buy a house and choose to live in a development that has a homeowners association fee? You may have been born here but you don’t have to stay. I hear Somalia has really low taxes.

 

[07pilt]

Just curious, 07putz, what percentage of our income do you think we should be permitted to keep?

It varies

 

[soonerinlOUisiana]

It varies

Lemme guess. “From each according to his abilities.....”

 

[07pilt]

Lemme guess. “From each according to his abilities.....”

no

 

[soonerinlOUisiana]

no

Yeah, right.

 

[Medic007]

no

Whoa, wait. Haven't we had this conversation before?

 

[07pilt]

Whoa, wait. Haven't we had this conversation before?

about taxes? I don't think so.