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Billionaires pay no state tax

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Re: Billionaires pay no state tax

Postby Meade » Tue Jun 26, 2012 6:59 pm

Bert Ernie wrote:Again, you never respond with anything reasonable. You simply go to another extreme or absolute in an effort to ridicule the question. Sixth-grade tactics Meade. Why are you such...well...such a dick?

My response was reasonable and followed your own logic.

How much should we tax rich people? Is 30% enough? How much would be too much? I take it you think 100% would be too much.
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Re: Billionaires pay no state tax

Postby Henry Vilas » Tue Jun 26, 2012 7:08 pm

Meade wrote:How much should we tax rich people?

From the jsonline article I cited and quoted in my opening post about the Wisconsin bllionaires: "...without paying a nickel in state income tax..."

More than that.
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Re: Billionaires pay no state tax

Postby Meade » Tue Jun 26, 2012 7:11 pm

How much more? Would taxing 99% of billionaires' income be enough to make you happy, Mr. Henry?
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Re: Billionaires pay no state tax

Postby Henry Vilas » Tue Jun 26, 2012 7:14 pm

That's your straw man.
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Re: Billionaires pay no state tax

Postby peripat » Tue Jun 26, 2012 7:53 pm

OK. Right now an individual making $1,000,000. a year pays something under $75,000. in Wisconsin taxes. Is that too much for you?
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Re: Billionaires pay no state tax

Postby bdog » Tue Jun 26, 2012 8:05 pm

Henry Vilas wrote:That's your straw man.

Don't trust Whitey.
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Re: Billionaires pay no state tax

Postby Cornbread » Tue Jun 26, 2012 8:13 pm

Meade wrote:
Why are you such...well...such a dick?

My response was reasonable and followed your own logic.

:lol: Gotta love trying to have a reasonable and adult discussion with progressive leftists. Have the leftist democrats alluded to anal sex yet? They do that a lot, but don't limit derogatory personal attacks to you, they include your daughter, son, wife, etc. And I don't think I've even done as much as swore at them.

Funny, I had more than two handfuls of progressive leftists post just to say they were putting me on their "ignore" list. Other progressive democrats have have chimed in to show how much I'm on their ignore list, all the while begging other new democrat party activists to also ignore me.

Their 'indignation' seems to be very specific, doesn't it?
Just like their cult like mantra of "diversity". Diversity only works one way in their isolated, angry little world.

Funny.
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Re: Billionaires pay no state tax

Postby Cornbread » Tue Jun 26, 2012 8:15 pm

Henry Vilas wrote:For the first time in U.S. history, taxes have decreased during wartime, especially the taxes on the wealthiest Americans.

Brushing aside your socialist sloganeering, five words in the middle of your sentence actually could be worthy of discussion. But I know this is just a leftist democrat board, so it's all about personal insults, insulting families, and the constant building of strawmen to attack. ATTACK! Go! Attack!!!!!!!!
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Re: Billionaires pay no state tax

Postby Cornbread » Tue Jun 26, 2012 8:18 pm

peripat wrote:OK. Right now an individual making $1,000,000. a year pays something under $75,000. in Wisconsin taxes.


You're just a leftist democrat, but knowing so, I'll still ask---Please state what you are talking about...other than in a bumpersticker.

Or I guess you could do the leftist thing and attack my wife or children. Or me. I'm OK with all as, well, you are nothing more than a leftist democrat.
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Re: Billionaires pay no state tax

Postby Henry Vilas » Tue Jun 26, 2012 8:25 pm

Cornbread wrote:
Henry Vilas wrote:For the first time in U.S. history, taxes have decreased during wartime, especially the taxes on the wealthiest Americans.

Brushing aside your socialist sloganeering, five words in the middle of your sentence actually could be worthy of discussion.

Don't be coy. Discuss them.
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Re: Billionaires pay no state tax

Postby fennel » Tue Jun 26, 2012 8:27 pm

God bless leftists. After all, this country was built on the backs of leftists. Today, they're rarely to be found in elected office. (About as common as a 1943 copper penny.)
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Re: Billionaires pay no state tax

Postby Cornbread » Tue Jun 26, 2012 8:57 pm

Henry Vilas wrote:Don't be coy. Discuss them.


Always interesting that the more someone is pushed to actually defend their worldview, the shorter their sentences get.

Good job lefist democrat--five words, two sentences.
Try and condense that further, so you can actually con people. "hope and change" is a great, meaningless three word bumpersticker, but that's already taken.
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Re: Billionaires pay no state tax

Postby Meade » Tue Jun 26, 2012 9:14 pm

2 Wisconsin billionaires paid no state income tax in 2010. One of the two also didn't pay state income tax in 2009. The other one paid 2 and a quarter million dollars in income tax in 2009. Isn't it possible for a billionaire to earn no income in a given year?

Mr. Henry titled this topic " Billionaires pay no state tax". Do you see the lie there? He left out the word "income". Or was that just a typo?

1 Wisconsin billionaire paid $25 million in state income tax in 2009 and again in 2010. Mr. Henry makes no mention of that. Doesn't fit Mr. Henry's narrative.

What is Mr. Henry's narrative? It contains one of Mr. Henry's favorite themes: class envy and resentment.
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Re: Billionaires pay no state tax

Postby Bert Ernie » Tue Jun 26, 2012 9:27 pm

Meade wrote:
Bert Ernie wrote:Again, you never respond with anything reasonable. You simply go to another extreme or absolute in an effort to ridicule the question. Sixth-grade tactics Meade. Why are you such...well...such a dick?

My response was reasonable and followed your own logic.


Do you truly believe that? That your response was reasonable? What I'd hoped people would reflect on was this: "Do we TRULY squelch effort and ingenuity by taxing the rich more? What does history tell us about that?"

Your response was not based in my logic at all. And I believe you know that. So again: What does history teach us about taxation and squelching ingenuity and effort? Does taxing fiscal success lead people to not want to be fiscally successful? You never responded to that at all. My own digging leads me to "no." What does your digging lead YOU to?

You never responded to the question. You simply felt you used "logic" in making an extreme argument. Demonstrates nothing. Doesn't require any work or thought. Adds nothing to to the conversation. Doesn't take a single step towards resolution. Really contributes nothing to the discourse.
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Re: Billionaires pay no state tax

Postby bdog » Wed Jun 27, 2012 5:19 am

I don't think we squelch effort and ingenuity by taxing the rich more. We make the rich spend more of that effort and ingenuity to figure out how to get out of paying the higher taxes.

Swedish tennis players of the 70's and 80's were masters at this. I think most of them had their legal residence in Monaco. So that's the rub - how are you going to actually raise taxes and not have the rich run off to some other environ that has a different playing field?

And back to the question that I asked on page 1: the billionaires in the article had significant investment losses that were the reason for their $0 income taxes. Would you not allow that deduction? What other effects would that have?

The devil is in the details. "Tax the rich" is a lot harder to implement and get the results you think it will get.

Meade, your last post was spot on.
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