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VirtualCongress November 6th, 2017 6:10pm

Debate over Middle-Class Tax Cut proposed by PeaceKeepaGirl (D-ME)

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skinner Wisconsin
11/06/17 11:30 am

You're literally calling for a tax system where people who make upwards of $300,000 a year are taxed at 70% of their income. That's not even including state and local taxes, payroll taxes, alternative minimum taxes, ultimately the estate tax, and all the other taxes you pile up on hard-working job creators.

How much can you take from someone before they decide it's not worth it to invest in our economy? When people can't even get one fourth of what they earned, then they are going to retire early and stop producing economic growth.

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Xemanis Lawful Good
11/06/17 11:47 am

Why do you believe people should be punished for being more successful?

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skinner Wisconsin
11/06/17 11:26 am

Nay, we should stop creating disincentives for work and success.

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Liberty 4,032,064
11/06/17 11:31 am

Nay. It gets silly starting with (d).

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Xemanis Lawful Good
11/06/17 11:52 am

They earned the money. People choose to work for the company. Saying that at some point people have earned enough money is ridiculous. If I were to decide you have too much money and took it from you you wouldn't like that, would you? Doesn't sound very fair.

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Xemanis Lawful Good
11/06/17 11:53 am

If anything you'd be the one screwing people over. The companies will begin to lay people off, move to other countries, lower incomes, etc. All in the name of "fairness."

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iceberg124
11/06/17 11:52 am

you must be smoking some strong stuff bower

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LibertyLover Pokemon 201461036800
11/06/17 11:58 am

Nay, punishing success will bring less success. Tearing down the rich doesn’t build up the poor, it just ruins the economy.

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iceberg124
11/06/17 11:42 am

Nay. This is the jealousy system where the lowest contributors get rewarded and the highest contributors punished because of their paycheck.

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ranger13 Texas
11/06/17 12:05 pm

Nay. I am all for lowering the tax burden for low and middle income individuals, but this not the way to do it. This bill removes much of the incentive to work hard and become successful knowing that so much of your income will be payed to income taxes.

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Jkllink VC President
11/06/17 11:23 am

I’m going to be voting nay because this tax bracket makes no sense. A person who make $387k/year will have less money than someone who made $218k/year. If you make $387k you’ll only have $117k left and if you make $218k you’ll have $119k. These taxes are ridiculously high. Why would you take more than half of someone’s money. They earned this money, not you! You have no right to take away someone else money and then use it on someone else. I believe in tax cuts for everyone but not when you’re tax someone at 70% and when we have a huge deficit.

#TaxationIsTheft
πŸ‡ΊπŸ‡Έ

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Senate101 San Diego
11/06/17 11:52 am

Nay, this is just way too much.

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skinner Wisconsin
11/06/17 12:31 pm

Most small businesses operate using income taxes instead of corporate taxes.

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Xemanis Lawful Good
11/06/17 12:34 pm

Do you actually think that people are going to cut corners less because they make less money? It's more likely they'll take theirs business to a place that doesn't tax their income an absurd amount.

Punishing people for making money isn't the way to go. Go on, tell me how you would feel if I decided to take almost all your money because you made too much

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Jkllink VC President
11/06/17 11:27 am

This is what the tax bracket would look:

$387k - 70% = $117k
$218k - 55% = $119k
$143k - 45% = $64k
$71k - 20% = $57k
$17k - 10% = $15.3

*This is the amount left over after taxes*

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Xemanis Lawful Good
11/06/17 1:07 pm

Bad answer. Businesses are more likely to leave the more you tax them. One business or two businesses leaving annually is not the same thing as a mass exodus of companies due to insanely high tax rates. Your logic is flawed.

I would recommend considering the logic behind your comments before posting them.

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ranger13 Texas
11/06/17 11:29 am

Taxes don’t work like that. Only the income earned above $387k is taxed at 70%. All the income below that is taxed at each tax bracket level.

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Xemanis Lawful Good
11/06/17 12:59 pm

Ah, but you're making too much.

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iceberg124
11/06/17 1:02 pm

Do you seriously believe Business will stay if you tax them at 70%?

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iceberg124
11/06/17 1:08 pm

Leave is underestimating it, they will evacuate. Someone making 350k per year will end up with 100. Do you know how much money have to be moved to profit 350k per year? Many many millions which all that business will go somewhere else, and the few leftover will raise prices exponentially

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Xemanis Lawful Good
11/06/17 1:10 pm

Perhaps then we should seek options that do not involve the companies we tax leaving.

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iceberg124
11/06/17 1:12 pm

No you need more growth and to cut spending on entitlements for temporary political points like Obamacare

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Xemanis Lawful Good
11/06/17 1:14 pm

What Bert said.

We don't need more programs that drag people down. If we want to fix society we need a system that allows people to thrive without having others drag them down. I suggest we greatly cut welfare and get rid of programs like Obamacare that needlessly waste money and drag people down.

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ctskapski x
11/06/17 11:42 pm

Taxation should certainly never be above 50%, (though, personally, I don't think it should ever be that high)

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chance Sirnotappearinginthisfilm
11/06/17 6:08 pm

This is literally one of the dumbest bills I have ever seen

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Xemanis Lawful Good
11/06/17 1:35 pm

I even just said that some people require welfare, like for disabilities and other things out of their control. No, we shouldn't try to prevent self induced poverty. We can take care of our citizens better when those kinds of people aren't dragging the entire system down.

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Xemanis Lawful Good
11/06/17 1:01 pm

Looks like you're gonna have to cut a lot of things to keep your house. What a shame. But at least you aren't making too much money, right?

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ranger13 Texas
11/06/17 1:17 pm

What we need to do is encourage more economic growth. With more economic growth, you create more wealth for everyone, and with more wealth being created there will be more tax revenue being generated. You don’t create more economic growth by raising taxes, especially so drastically like in this bill. We need to lower taxes and reform/simplify the code to encourage more economic growth, and therefore generate more wealth and tax revenue to improve our safety net programs and lower the national debt.

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Xemanis Lawful Good
11/06/17 1:23 pm

Welfare is not necessarily essential. While there are people who require disability benefits, there are others who abuse the system. Not everyone who has welfare truly needs welfare. We cannot coddle our citizens and expect our nation to flourish. Either you're strong enough to provide yourself or you fail. We cannot go on with a nation of coddled weaklings. We need to provide for ourselves. It is a waste of taxpayer money and serves only as a partisan tool to garner votes. Forget the political parties, set aside your love for those that take advantage of you. This is the United States of America we are talking about. The United States of America is considered one of the greatest nations in the world by many and there are those who would kill to be here and work hard to strengthen our great country, yet we could be even better. We have yet to reach our full potential because of the very people that seek to take advantage of you. This is our country and we should make it the best place

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iceberg124
11/06/17 1:29 pm

There will always be poor because there will always be slackers, they contribute less to growth and society than higher earners. By rewarding that behavior you are only ensuring that their children will follow in their footsteps.

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Xemanis Lawful Good
11/06/17 1:33 pm

I didn't say you should become a millionaire or perish. I just said that taking advantage of the welfare system happens too often and it should be changed.

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iceberg124
11/06/17 1:43 pm

They got there because the US funded them to get there and presidents took the role of sucker in chief, the US is an industrial welfare state. France is having a lot of economic problems at the moment from their hostility towards the rich, their exports are focused on cultural values, which they are simultaneously destroying as well

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Xemanis Lawful Good
11/06/17 2:13 pm

Explain why you think countries become richer and more successful from giving their money away.

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PeaceKeepaGirl advance democracy
11/06/17 10:48 pm

It's still deceptive to frame it that way. Nobody making at least 387 will end up with as low as 117, period.

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Xemanis Lawful Good
11/06/17 2:37 pm

Then it won't help us.

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bower8899 ...
11/06/17 11:49 am

Because oftentimes success comes from abusing workers and manipulating currency.

And again, at a certain point you have enough money.

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Xemanis Lawful Good
11/06/17 1:23 pm

on Earth. If you do not wish this simply for your country, do it for the advancement of the human race. We are considered one of the world's greatest leaders. It is time to set an example worth following.

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Xemanis Lawful Good
11/06/17 2:45 pm

Didn't you just say you don't believe it causes economic prosperity?

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Xemanis Lawful Good
11/06/17 3:43 pm

People might be happy that they can live their lives without having to do anything sure, but that doesn't mean it's a good thing for the rest of us. It is a burden on our society. Our money is better spent on things that benefit it rather than supporting people who don't want to do anything to help us

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Xemanis Lawful Good
11/06/17 3:47 pm

I thought this was a debate

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iceberg124
11/06/17 1:33 pm

Work somewhere else in the same field when it's another states season, problem solved. There is no excuse to claim your seasonal job is a full time job.

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bower8899 ...
11/06/17 1:37 pm

Again, I want to point out that the most prosperous Nations (Nordic countries, Germany, ect) got There by the welfare state

bower8899 ...
11/06/17 2:55 pm

No? I didn't mean to. They are clearly the most prosperous countries.

FloridaPopulist Nationalist Right
11/06/17 3:01 pm

Peace keep a girl I'd love to work with you on a tax plan, I feel like I may be able to get conservative appeal with a mixture of our plans

bower8899 ...
11/06/17 12:17 pm

Personal taxes aren't corporate taxes though?

FloridaPopulist Nationalist Right
11/06/17 3:02 pm

The poor shouldn't get home free no taxes. And the rich rates are a little high