Taxes
02-21-2019, 09:28 AM
#191
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Joined APC: May 2015
Position: A350 Both
Posts: 7,292
Originally Posted by VictorAW
Not even close. Maybe closer to the 10%, but nowhere near the top 1%
https://graphics.wsj.com/what-percent/
https://money.cnn.com/calculator/pf/...ank/index.html
02-21-2019, 09:30 AM
#192
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Position: A350 Both
Posts: 7,292
Originally Posted by m3113n1a1
Pilots might be in the top 1% of wage earners, but we definitely aren't in the top 1% wealthwise.
02-21-2019, 09:56 AM
#193
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Joined APC: Apr 2018
Posts: 2,987
Originally Posted by JamesBond
That's a personal issue, but given enough time you can get close. When you are my age you will more than likely be closer to it unless you spend your money on hookers and blow and then waste the rest.
02-21-2019, 10:01 AM
#194
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Joined APC: Sep 2014
Posts: 4,909
Originally Posted by JamesBond
Here's 2 links that ought to have you rethink your stance on this. One is even from the uber liberal CNN.
02-21-2019, 10:41 AM
#196
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Joined APC: Sep 2015
Position: I got into this business so I wouldn't have to work.
Posts: 1,034
Originally Posted by gloopy
Anyone with "millions" to their name will be mercilessly scoured by future Marxonomics. Directly through pseudo ex post facto confiscation schemes and indirectly through means testing of other things like Soc Sec reductions etc. We are dirty, stinking, filthy rich to most of the "popular vote" and future politics are going to reflect that as long as we indulge in the fantasy of "democracy".
Until the 17th Amendment, 23rd Amendment, 24th Amendment, and 26th Amendment.
02-21-2019, 10:42 AM
#197
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Position: I got into this business so I wouldn't have to work.
Posts: 1,034
Originally Posted by LumberJack
Trickle down economics don't work.
The tax cut was aimed at business and the wealthy.
The tax cut added to the national deficit.
https://www.jct.gov/publications.htm...rtdown&id=5152
The tax cut was aimed at business and the wealthy.
The tax cut added to the national deficit.
https://www.jct.gov/publications.htm...rtdown&id=5152
The national deficit is primarily added to by...wait for it...SPENDING!
Check my math if you think I'm wrong.
02-21-2019, 10:43 AM
#198
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Position: I got into this business so I wouldn't have to work.
Posts: 1,034
Originally Posted by TED74
I encourage you not to expand your bubble too far. If you think CNN is Uber liberal, there's plenty of stuff out there that would blow your mind.
02-21-2019, 11:32 AM
#199
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Joined APC: Nov 2016
Posts: 1,305
Originally Posted by Vincent Chase
The tax cut helped me out immensely. I must be business or wealthy.
The national deficit is primarily added to by...wait for it...SPENDING!
Check my math if you think I'm wrong.
02-21-2019, 12:05 PM
#200
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Joined APC: Dec 2018
Posts: 648
Originally Posted by Vincent Chase
The tax cut helped me out immensely. I must be business or wealthy.
The national deficit is primarily added to by...wait for it...SPENDING!
Check my math if you think I'm wrong.
The national deficit is primarily added to by...wait for it...SPENDING!
Check my math if you think I'm wrong.
You can't give massive tax cuts and then blame the deficit on too much spending. The growing deficit is because they enacted tax cuts without regard to budget demands.
That being said, no one on the right complained about military spending when we went it alone in Iraq.
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