Am I a democratic socialist?....

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Greengrass
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Re: Am I a democratic socialist?....

Post by Greengrass »

gounion wrote: Sun Nov 03, 2024 8:01 am And how is that bad? Why is it that you want a flat tax so that they have to pay what Elon Musk pays?

Tell me, Glenn. What tax rate SHOULD poor people pay? What percentage of their income to the government is fair to you?

Oh, and a little fact check on Musk. https://americansfortaxfairness.org/mus ... -far-year/
Where did he say it was bad. Nowhere. Didn’t imply it. That distortion generator of yours is running full bore. Fortunately we have a progressive tax system that has an EIC.
JoeMemphis
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Re: Am I a democratic socialist?....

Post by JoeMemphis »

gounion wrote: Sun Nov 03, 2024 9:02 am Again, you’re arguing from ignorance. The law requires the union to cover everyone in the legal bargaining unit as defined by the NLRB. If they don’t, then they can be sued.

And now you’re sounding like those folks who say they aren’t covered under our nation’s laws, because they didn’t vote or ask for them. But I guess that’s the mindset on your side of the isle.
Then complain to the NLRB. That’s Your problem. Why should Inpay for YOUR problem? If the union adds value you shouldn’t have a problem getting employees to VOLUNTARILY join and VOlUNTARILY paying for representation. You wouldn’t have to resort to coercion or threatening their jobs.
Greengrass
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Re: Am I a democratic socialist?....

Post by Greengrass »

gounion wrote: Sun Nov 03, 2024 9:02 am Again, you’re arguing from ignorance. The law requires the union to cover everyone in the legal bargaining unit as defined by the NLRB. If they don’t, then they can be sued.

And now you’re sounding like those folks who say they aren’t covered under our nation’s laws, because they didn’t vote or ask for them. But I guess that’s the mindset on your side of the isle.
Get the law changed so the union isn’t responsible for those who choose not to join the union. Simple enough.
JoeMemphis
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Re: Am I a democratic socialist?....

Post by JoeMemphis »

gounion wrote: Sun Nov 03, 2024 9:02 am Again, you’re arguing from ignorance. The law requires the union to cover everyone in the legal bargaining unit as defined by the NLRB. If they don’t, then they can be sued.

And now you’re sounding like those folks who say they aren’t covered under our nation’s laws, because they didn’t vote or ask for them. But I guess that’s the mindset on your side of the isle.
I would remind you that unions are PRIVATE institutions. They aren’t GOVERNMENT institutions. We shouldn’t be required to join or pay for union representation unless we choose that for ourselves as individuals. You know like every other benefit program offered by our employers. Your union shouldn’t need to government to force either membership or representation on the unwilling. That sounds kinda authoritarian to me. Sounds like you want to choose what you think is in the best interest of the individual employee and force them to pay for it whether they want to or not.

Say it isn’t so.
Glennfs
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Re: Am I a democratic socialist?....

Post by Glennfs »

gounion wrote: Sun Nov 03, 2024 8:01 am And how is that bad? Why is it that you want a flat tax so that they have to pay what Elon Musk pays?

Tell me, Glenn. What tax rate SHOULD poor people pay? What percentage of their income to the government is fair to you?

Oh, and a little fact check on Musk. https://americansfortaxfairness.org/mus ... -far-year/

I never said it was bad but, the way your Dear Leaders present the argument low information and intelligence people would believe it's the wealthy not paying taxes.

So here is a question for you, what percentage of their income should the top 5pct be paying. Please don't come back with that tired line about as much as their secretary
" I am a socialist " Bernie Sanders
gounion
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Re: Am I a democratic socialist?....

Post by gounion »

Greengrass wrote: Sun Nov 03, 2024 9:19 am Get the law changed so the union isn’t responsible for those who choose not to join the union. Simple enough.
Again, all of you argue from ignorance. Period. If that were to happen, then the company could negotiate separately from those who aren’t members, and offer them more money and benefits, so that everyone would get out of the union, then the company could drop everyone’s wages with no union, if the union contract only covered members.

It’s always about dividing and destroying. Jay Gould said it best about how the owner class feels - “I can hire half the working class to kill the other half”.
gounion
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Re: Am I a democratic socialist?....

Post by gounion »

Glennfs wrote: Sun Nov 03, 2024 10:47 am I never said it was bad but, the way your Dear Leaders present the argument low information and intelligence people would believe it's the wealthy not paying taxes.

So here is a question for you, what percentage of their income should the top 5pct be paying. Please don't come back with that tired line about as much as their secretary
I asked you first - you want a flat tax. What percentage of a poor person’s income is fair to you, since it’ll be the same percentage the rich pays.
Glennfs
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Re: Am I a democratic socialist?....

Post by Glennfs »

gounion wrote: Sun Nov 03, 2024 11:17 am I asked you first - you want a flat tax. What percentage of a poor person’s income is fair to you, since it’ll be the same percentage the rich pays.
Actually it would not be the same percentage. Because with a flat tax nobody would pay any tax at the poverty level or more than likely at poverty level plus.

As for the percentage that would be up to economist to figure. It would have to be a percentage high enough for our government to function and be able to pay its bills.

However it would be very fair and end the political football of our tax code being constantly being politicized. I would think that if everyone had a standard dedication of around 50k and paid ( again there in noway to know the number here) 35pct of income above 50k it would be very fair.


So what percentage do you believe the wealthy should pay. I believe 42pct.
" I am a socialist " Bernie Sanders
gounion
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Re: Am I a democratic socialist?....

Post by gounion »

Glennfs wrote: Sun Nov 03, 2024 11:27 am Actually it would not be the same percentage. Because with a flat tax nobody would pay any tax at the poverty level or more than likely at poverty level plus.

As for the percentage that would be up to economist to figure. It would have to be a percentage high enough for our government to function and be able to pay its bills.

However it would be very fair and end the political football of our tax code being constantly being politicized. I would think that if everyone had a standard dedication of around 50k and paid ( again there in noway to know the number here) 35pct of income above 50k it would be very fair.


So what percentage do you believe the wealthy should pay. I believe 42pct.
A flat tax is a tax everyone pays, at the same percentage. You have supported a flat tax.
Glennfs
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Re: Am I a democratic socialist?....

Post by Glennfs »

gounion wrote: Sun Nov 03, 2024 11:39 am A flat tax is a tax everyone pays, at the same percentage. You have supported a flat tax.
So are you going to answer?

Also in a flat tax everyone gets the same deduction. That way poor people aren't paying any taxes
" I am a socialist " Bernie Sanders
gounion
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Re: Am I a democratic socialist?....

Post by gounion »

Glennfs wrote: Sun Nov 03, 2024 11:48 am So are you going to answer?

Also in a flat tax everyone gets the same deduction. That way poor people aren't paying any taxes
Then it isn’t a flat tax - and you have supported a flat tax. Now you run away.
Greengrass
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Re: Am I a democratic socialist?....

Post by Greengrass »

gounion wrote: Sun Nov 03, 2024 11:39 am A flat tax is a tax everyone pays, at the same percentage. You have supported a flat tax.
“ Introduced in House (02/15/2021)
Flat Tax Act

This bill authorizes an individual or a person engaged in business activity to make an irrevocable election to be subject to a flat tax (in lieu of the existing income tax provisions) of 19% for the first two years after an election is made, and 17% thereafter.

The bill calculates taxable income for individual taxpayers by subtracting a basic standard deduction and an additional standard deduction for each dependent from the total of wages, retirement distributions, and unemployment compensation. "Business taxable income" is gross active income reduced by certain deductions for the cost of business inputs, wages, and retirement contributions.

The bill imposes an employer tax on the value of excludable compensation provided to employees not engaged in business activity of 19% for the first two years after an election is made under this bill and 17% thereafter.

The bill also repeals the estate, gift, and generation-skipping transfer taxes.

A two-thirds vote of the House of Representatives and the Senate is required to increase the flat tax rate proposed by this bill or to reduce the amount of the standard deduction or business-related deductions allowed by this bill.”

https://www.congress.gov/bill/117th-con ... thereafter.

Every so called flat tax has deductions to protect low income. It’s simply a flat tax on taxable income.
gounion
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Re: Am I a democratic socialist?....

Post by gounion »

Yeah, the old “taxable income” canard. How Trump and Musk can be very rich and not pay income taxes year after year.
Glennfs
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Re: Am I a democratic socialist?....

Post by Glennfs »

gounion wrote: Sun Nov 03, 2024 11:54 am Then it isn’t a flat tax - and you have supported a flat tax. Now you run away.
I did answer your question but on typical fashion you refuse because you just aren't bright enough to form an actual opinion m
" I am a socialist " Bernie Sanders
gounion
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Re: Am I a democratic socialist?....

Post by gounion »

Glennfs wrote: Sun Nov 03, 2024 12:58 pm I did answer your question but on typical fashion you refuse because you just aren't bright enough to form an actual opinion m
No, you just deny what you support.

A flat tax isn’t a flat tax when the rich can pretend they don’t have any income, because it’s on “taxable income”.
Glennfs
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Re: Am I a democratic socialist?....

Post by Glennfs »

gounion wrote: Sun Nov 03, 2024 1:07 pm No, you just deny what you support.

A flat tax isn’t a flat tax when the rich can pretend they don’t have any income, because it’s on “taxable income”.

So what should the top tax rate be in your personal opinion
" I am a socialist " Bernie Sanders
gounion
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Re: Am I a democratic socialist?....

Post by gounion »

Glennfs wrote: Sun Nov 03, 2024 1:10 pm So what should the top tax rate be in your personal opinion
I’d like an ACTUAL rate for the rich of around 40 percent. But not a rate where the rich don’t pay any income taxes, like Trump.
Greengrass
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Re: Am I a democratic socialist?....

Post by Greengrass »

gounion wrote: Sun Nov 03, 2024 1:24 pm I’d like an ACTUAL rate for the rich of around 40 percent. But not a rate where the rich don’t pay any income taxes, like Trump.
Well, in 2021 when Musk took in $27 billion in income he paid 41%. Should make you happy. And Calhoun will pay 41% on his exit package from Boeing.
gounion
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Re: Am I a democratic socialist?....

Post by gounion »

Greengrass wrote: Sun Nov 03, 2024 2:11 pm Well, in 2021 when Musk took in $27 billion in income he paid 41%. Should make you happy. And Calhoun will pay 41% on his exit package from Boeing.
And then there’s the years he didn’t pay anything.

And again, there’s “taxable income” and there’s what they REALLY make. Easy to hide money.
Greengrass
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Re: Am I a democratic socialist?....

Post by Greengrass »

gounion wrote: Sun Nov 03, 2024 12:41 pm Yeah, the old “taxable income” canard. How Trump and Musk can be very rich and not pay income taxes year after year.
Well, it is a tax on income. When you have billions lying around you don’t need income. Now he’ll be exercising upwards of $50+ billion on tranches of Tesla stock options in a few years so he’ll be paying 41% on that. And eventually Spacex goes public, so around $88 billion on that at 41%. Let’s say its all exercised by 2030. That would mean since 2014 he would average paying about $3.5 billion per year. I’m good with that.
Greengrass
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Re: Am I a democratic socialist?....

Post by Greengrass »

gounion wrote: Sun Nov 03, 2024 2:16 pm And then there’s the years he didn’t pay anything.

And again, there’s “taxable income” and there’s what they REALLY make. Easy to hide money.
No, they can’t hide stock options. Very public disclosure on that. IRS is there to get the withholding.
Last edited by Greengrass on Sun Nov 03, 2024 2:20 pm, edited 1 time in total.
gounion
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Re: Am I a democratic socialist?....

Post by gounion »

Greengrass wrote: Sun Nov 03, 2024 2:19 pm No they can’t hide stock options.
They’ve sure been able to hide lots of other things. I’m sure you’re proud that Trump went years without paying taxes. After all, he deserves it, right?
Greengrass
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Re: Am I a democratic socialist?....

Post by Greengrass »

gounion wrote: Sun Nov 03, 2024 2:20 pm They’ve sure been able to hide lots of other things. I’m sure you’re proud that Trump went years without paying taxes. After all, he deserves it, right?
Real estate gets tax advantages. Bankruptcy gets carryforward lossses. And as I pointed out, if you looked at the taxes you’d find on occasion he paid taxes.

And in musks case there’s nothing to hide. It’s all stock
Last edited by Greengrass on Sun Nov 03, 2024 2:26 pm, edited 1 time in total.
gounion
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Re: Am I a democratic socialist?....

Post by gounion »

Greengrass wrote: Sun Nov 03, 2024 2:22 pm Real estate gets tax advantages. Bankruptcy gets carryforward lossses. And as I pointed out, if you looked at the taxes you’d find on occasion he paid taxes.

And in musks case there’s nothing to hide.
Bankruptcy lets rich people not pay their bills. Leaves the creditors holding the bag.

And it’s sooooo nice that Trump occasionally paid income taxes. Funny, I have to pay MINE every year.

But hey, the rich don’t have to do what everyone else does.

And Musk went years with no taxes either. Sure is nice!
Greengrass
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Re: Am I a democratic socialist?....

Post by Greengrass »

gounion wrote: Sun Nov 03, 2024 2:25 pm Bankruptcy lets rich people not pay their bills. Leaves the creditors holding the bag.

And it’s sooooo nice that Trump occasionally paid income taxes. Funny, I have to pay MINE every year.

But hey, the rich don’t have to do what everyone else does.

And Musk went years with no taxes either. Sure is nice!
And yet the top 10% pay 75% of income taxes and the bottom 50% pay 2.3%. That’s a very good balance. Wonderfully progressive.
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