Create Account

Jacksonville Jaguars Fan Forums Other Stuff Political Talk “I do believe there will be some cuts (to Medicare & Social Security).” - DOGE caucus


The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show significantly less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.
“I do believe there will be some cuts (to Medicare & Social Security).” - DOGE caucus

#72
12-20-2024, 12:06 PM (This post was last modified: 12-20-2024, 12:07 PM by The Real Marty. Edited 1 time in total.)

(12-20-2024, 11:36 AM)mikesez Wrote:
(12-20-2024, 11:06 AM)TDOSS Wrote: A more telling figure is the percentage of overall income the rich and poor pay in overall taxes.

You should look at that.

You should have led with that. 
He's right by the way. 
Middle class people pay a higher percentage of their income to taxes than wealthy people do. A newly high income person like a football player will pay a much higher percentage of their income in taxes, but when somebody has been wealthy for a while, they usually figure out accounting tricks that allow them to greatly reduce their taxable income

Can you show me how that is true?  Are you using unrealized capital gains when you make that statement?  And what accounting tricks do rich people use to greatly reduce their taxable income?
Reply


Messages In This Thread
RE: “I do believe there will be some cuts (to Medicare & Social Security).” - DOGE caucus - by The Real Marty - 12-20-2024, 12:06 PM



Users browsing this thread:

The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.

Forum software by © MyBB - Theme © iAndrew 2017

ABOUT US
The Jungle Forums is the Jaguars' biggest fan message board. Talking about the Jags since 2006, the Jungle was the team-endorsed home of all things Jaguars.

Since 2017, the Jungle is now independent of the team but still run by the same crew. We are here to support and discuss all things Jaguars and all things Duval!