Getbig.com: American Bodybuilding, Fitness and Figure
Getbig Main Boards => Politics and Political Issues Board => Topic started by: IroNat on April 19, 2020, 04:47:51 AM
-
Moving toward guaranteed income.
https://www.forbes.com/sites/ryanguina/2020/04/18/proposed-2000-monthly-stimulus-checks-and-canceled-rent-and-mortgage-payments-for-1-year/#7ef0656e2b48
(https://specials-images.forbesimg.com/imageserve/1092286820/960x0.jpg?fit=scale)
-
Entire country on welfare?
-
Entire country on welfare?
I’m not sure how this works. They realize that we are only making the banks/lenders wealthier by doing this, right? Fucking a, who’s going to pay the loans back?
-
Entire country on welfare?
You can't make this stuff up. It's too bizarre.
-
It's only for those whose skin color isn't white, correct?
-
Pure utter bullshit. I will not have my hard earned money grabbed by some lazy rats
-
Pure utter bullshit. I will not have my hard earned money grabbed by some lazy rats
We already do Vince!
-
TEA Party resurgence is needed. Tax revolt if this continues.
-
Pure utter bullshit. I will not have my hard earned money grabbed by some lazy rats
Good for you man! Hope all is well.
-
February 1, 2021
10 G.O.P. senators outlined a stimulus that is about a third of the size of President Biden’s plan, including smaller direct payments of up to $1,000.
-
February 1, 2021
10 G.O.P. senators outlined a stimulus that is about a third of the size of President Biden’s plan, including smaller direct payments of up to $1,000.
Biden is a compromiser.
He asked for $2k but knew he wouldn't get it.
Probably settle for $1,000 to $1,500.
If he only asked for $1K they give him $500.
-
How do we sustain something like this?
-
How do we sustain something like this?
Ask Venezuela.
-
Ask Venezuela.
Well, I am likely uneducated about this, but I don't see how we can continue to dole out any money when many businesses are going BK and more people are unemployed.
Maybe we can do it for a year but at some point, it catches up. Then we have to make drastic cuts everywhere. China becomes stronger. I don't know that gets stopped either way.
-
Biden is a compromiser.
He asked for $2k but knew he wouldn't get it.
Probably settle for $1,000 to $1,500.
If he only asked for $1K they give him $500.
I could be wrong about this, but I think he said the remainder of the $2,000 House Democrats originally approved in December, which would be $1,400. He was quoted as saying to top off the $600 bringing the total to $2,000.
-
Well, I am likely uneducated about this, but I don't see how we can continue to dole out any money when many businesses are going BK and more people are unemployed.
Maybe we can do it for a year but at some point, it catches up. Then we have to make drastic cuts everywhere. China becomes stronger. I don't know that gets stopped either way.
According to US unemployment stats, the high was back in April when it reached 14.8. The most recent figures I can find are for December which put it at 6.7 or less than half of the high.
-
Well, I am likely uneducated about this, but I don't see how we can continue to dole out any money when many businesses are going BK and more people are unemployed.
Maybe we can do it for a year but at some point, it catches up. Then we have to make drastic cuts everywhere. China becomes stronger. I don't know that gets stopped either way.
150 million taxpayers CANNOT support 175 million “consumers.”
-
150 million taxpayers CANNOT support 175 million “consumers.”
Probably not. However, if the top 1% paid income tax in an amount that some think they should, it might be possible. That would be quite the reversal.
-
Probably not. However, if the top 1% paid income tax in an amount that some think they should, it might be possible. That would be quite the reversal.
Absolutely false. The "top 1%" already pay a disproportionate percentage of income taxes. Even if you took 100 percent of their income it wouldn't solve our economic problems. This "fair share" stuff is an absolute lie.
-
How do we sustain something like this?
We can't. Welcome to Bidens America.
-
How do we sustain something like this?
Just keep printing money until the USD loses so much value we are paying $20 for a cheeseburger.
It's worked so well for the rest of the world. ;)
-
Absolutely false. The "top 1%" already pay a disproportionate percentage of income taxes. Even if you took 100 percent of their income it wouldn't solve our economic problems. This "fair share" stuff is an absolute lie.
Probably not. However, if the top 1% paid income tax in an amount that some think they should, it might be possible. That would be quite the reversal.
Please read my post as it was written. Show me where I said anything about "fair share". What constitutes fair share is a matter of one's perspective. If you meant what some (people) think is wrong or false, that's fine. I you assume to know what I think....well, you know what they say about the word assume...never do it. Thanks.
-
How do we sustain something like this?
We sell PR. Win win all the way around.
-
Please read my post as it was written. Show me where I said anything about "fair share". What constitutes fair share is a matter of one's perspective. If you meant what some (people) think is wrong or false, that's fine. I you assume to know what I think....well, you know what they say about the word assume...never do it. Thanks.
Right here:
Probably not. However, if the top 1% paid income tax in an amount that some think they should, it might be possible. That would be quite the reversal.
And it's not about "perspective." It's about math.
-
Right here:
You are reading "fair share" when that isn't what is written unless my spelling is really fucked. But, I get how some might take it that way, specially if that is what they are looking for. Some think they should pay more and some think they should pay less.
And it's not about "perspective." It's about math.
Some say perspective is everything.
-
The big check hasn't even been brought up yet. The SVO is supposed to be the one that is going to "save" the businesses that can't pay rent since they have not opened yet.
It's basic outline :
------
Grant amount will be either:
For an eligible entity in operation on January 1, 2019, grants will be for an amount equal to 45% of their 2019 gross earned revenue OR $10 million, whichever is less.
For an eligible entity that began operation after January 1, 2019, grants will be for the average monthly gross revenue for each full month you were in operation during 2019 multiplied by six (6) OR $10 million, whichever is less.
------
When you look at this overall picture it is going to make the PPP seem like a drop in the bucket.
-
The big check hasn't even been brought up yet. The SVO is supposed to be the one that is going to "save" the businesses that can't pay rent since they have not opened yet.
It's basic outline :
------
Grant amount will be either:
For an eligible entity in operation on January 1, 2019, grants will be for an amount equal to 45% of their 2019 gross earned revenue OR $10 million, whichever is less.
For an eligible entity that began operation after January 1, 2019, grants will be for the average monthly gross revenue for each full month you were in operation during 2019 multiplied by six (6) OR $10 million, whichever is less.
------
When you look at this overall picture it is going to make the PPP seem like a drop in the bucket.
wow. that's crazy. So if I opened a retail business in February of 2019 and did $400,000 in gross receipts I am going to receive 218k? (400k/11)x6?
-
You are reading "fair share" when that isn't what is written unless my spelling is really fucked. But, I get how some might take it that way, specially if that is what they are looking for. Some think they should pay more and some think they should pay less.
Some say perspective is everything.
You're playing word games. You know exactly what that "fair share" argument is all about. That's exactly what you're talking about when you talk about the top 1 percent paying what they should.
I don't care if it's you or some people. It's still about math, not perspective. The math shows that top income earners pay the overwhelming majority of federal income taxes. It also shows that about 50 percent of wage earners pay no federal incomes taxes (at least as of a few years ago).
-
The big check hasn't even been brought up yet. The SVO is supposed to be the one that is going to "save" the businesses that can't pay rent since they have not opened yet.
It's basic outline :
------
Grant amount will be either:
For an eligible entity in operation on January 1, 2019, grants will be for an amount equal to 45% of their 2019 gross earned revenue OR $10 million, whichever is less.
For an eligible entity that began operation after January 1, 2019, grants will be for the average monthly gross revenue for each full month you were in operation during 2019 multiplied by six (6) OR $10 million, whichever is less.
------
When you look at this overall picture it is going to make the PPP seem like a drop in the bucket.
How can you confirm if your business is eligible?
-
You're playing word games. You know exactly what that "fair share" argument is all about. That's exactly what you're talking about when you talk about the top 1 percent paying what they should.
I don't care if it's you or some people. It's still about math, not perspective. The math shows that top income earners pay the overwhelming majority of federal income taxes. It also shows that about 50 percent of wage earners pay no federal incomes taxes (at least as of a few years ago).
Not exactly no income tax.
In 2017 the top 50% paid $1,552B and the bottom 50% paid $50B according to The Tax Foundation, which is primarily funded by corporate interests such as the Koch Brothers and Exxon-Mobil. info. https://taxfoundation.org/summary-of-the-latest-federal-income-tax-data-2020-update/
2020 Income tax rates range from 10% to 37%. Taxpayers can lower their tax burden by claiming deductions and credits.
-
Not exactly no income tax.
In 2017 the top 50% paid $1,552B and the bottom 50% paid $50B according to The Tax Foundation, which is primarily funded by corporate interests such as the Koch Brothers and Exxon-Mobil. info. https://taxfoundation.org/summary-of-the-latest-federal-income-tax-data-2020-update/
2020 Income tax rates range from 10% to 37%. Taxpayers can lower their tax burden by claiming deductions and credits.
It is exactly zero federal income tax:
"An estimated 45.3% of American households — roughly 77.5 million — will pay no federal individual income tax, according to data for the 2015 tax year from the Tax Policy Center, a nonpartisan Washington-based research group. (Note that this does not necessarily mean they won’t owe their states income tax.)".
https://www.marketwatch.com/story/45-of-americans-pay-no-federal-income-tax-2016-02-24
And did you read the link you posted? It confirms what I said about math: top income earners pay the overwhelming, disproportionate amount of federal income taxes:
The share of reported income earned by the top 1 percent of taxpayers rose to 21 percent, from 19.7 percent in 2016. Their share of federal individual income taxes rose to 38.5 percent, from to 37.3 percent in 2016.
In 2017, the top 50 percent of all taxpayers paid 97 percent of all individual income taxes, while the bottom 50 percent paid the remaining 3 percent.
The top 1 percent paid a greater share of individual income taxes (38.5 percent) than the bottom 90 percent combined (29.9 percent).
The top 1 percent of taxpayers paid a 26.8 percent average individual income tax rate, which is more than six times higher than taxpayers in the bottom 50 percent (4.0 percent).
-
We sell PR. Win win all the way around.
Racist
-
How can you confirm if your business is eligible?
Who can apply
Eligible entities include:
Live venue operators or promoters
Theatrical producers
Live performing arts organization operators
Relevant museum operators, zoos and aquariums who meet specific criteria
Restaurants, taverns, food service entity
Motion picture theater operators
Talent representatives, and
Each business entity owned by an eligible entity that also meets the eligibility requirements
Other requirements of note:
Must have been in operation as of February 29, 2020
Venue or promoter must not have received a PPP loan on or after December 27, 2020
-
No one has ever accused Liberals of being economic geniuses and Socialism has never worked in any country on the face of the planet....ever. This entire idea should be a moot . Making the lazy lazier never helped anyone except those that want to be lazy and think they’re entitled. Somehow libs think they’re entitled, to what I have no idea.
-
No one has ever accused Liberals of being economic geniuses and Socialism has never worked in any country on the face of the planet....ever. This entire idea should be a moot . Making the lazy lazier never helped anyone except those that want to be lazy and think they’re entitled. Somehow libs think they’re entitled, to what I have no idea.
These left or left leaning billionaires aren't economic idiots
George Soros
Jonathan Gray
Reid Hoffman
Crystal Sacca
Tom Steyer
Jeff bezos
Mike Bloomberg
Bill Gates
Warren Buffett
Larry Page
Steve Ballmer
-
These left or left leaning billionaires aren't economic idiots
George Soros
Jonathan Gray
Reid Hoffman
Crystal Sacca
Tom Steyer
Jeff bezos
Mike Bloomberg
Bill Gates
Warren Buffett
Larry Page
Steve Ballmer
Not talking about individual wealth I’m talking about the left leaning morons that propose and write socialist economic policies that inevitably fail. Those you listed are capitalist with a socialist agenda.
-
Are we still under the delusion that we can decide via the democratic process where our tax dollars are spent?
It cracks me up sometimes when I have a discussion with a staunch conservative about helping the needy. They all seem to say, they have no problem helping people in need they just don't want to help someone who is taken advantage of the system.
I think you are always going to have people that will take advantage of any system to one degree or another. there are always going to be lazy people. But, we shouldn't stop assistance programs because of it. We need to reform them.
That being said.... paying people $2000/mo and letting them not pay rent?
How does that work? Where are we going to take the hit?
-
Are we still under the delusion that we can decide via the democratic process where our tax dollars are spent?
It cracks me up sometimes when I have a discussion with a staunch conservative about helping the needy. They all seem to say, they have no problem helping people in need they just don't want to help someone who is taken advantage of the system.
I think you are always going to have people that will take advantage of any system to one degree or another. there are always going to be lazy people. But, we shouldn't stop assistance programs because of it. We need to reform them.
That being said.... paying people $2000/mo and letting them not pay rent?
How does that work? Where are we going to take the hit?
Helping the needy? Show me where Dems have helped the “needy”. You actually seem to think they give two shits about anyone when in reality it all about the vote. You want to help the needy and for people to pay their rents, do the right thing and fully open back the economies in states that refuse too. This should have been done months ago, better yet it should have never been closed.
But no, let’s have a $1.9 trillion package to bail out the Dem ran states and cities that were waaaay financially in the shitter long before this #scamdemic and then throw more money at a fake “climate crisis” then raise the fuck out of our taxes to help pay it back...yeah, great idea.
-
Helping the needy? Show me where Dems have helped the “needy”. You actually seem to think they give two shits about anyone when in reality it all about the vote. You want to help the needy and for people to pay their rents, do the right thing and fully open back the economies in states that refuse too. This should have been done months ago, better yet it should have never been closed.
But no, let’s have a $1.9 trillion package to bail out the Dem ran states and cities that were waaaay financially in the shitter long before this #scamdemic and then throw more money at a fake “climate crisis” then raise the fuck out of our taxes to help pay it back...yeah, great idea.
Dude, not trying to get in some Blue vs. Red crap, it's pointless. I could discuss a random point with you or Straw and get the same extreme responses. I am not interested in that.
It's not productive and it only promotes the divide. Let's talk about what we might agree on.
What I am talking about (Red vs. Blue blabber not wanted) is that we should help the needy in the most effective way possible.
Secondly, I don't know that opening the economy early was the right thing to do any more than I know if making masks mandatory from the beginning would have curbed the spread enough for us to open it up early.
What I do know is small businesses are disappearing and it's the most alarming thing in the pandemic aside from 400K+ dying. It's as if, this pandemic was a gift to large companies because it sped up the decline of small businesses.
I also question the principle of this 2000/mo and rent forgiveness. How will it affect us short and long term?
That all being said, I am not too affected by COVID as far as income. But if I was, and I lost my job, and was busting my ass trying to find one and couldn't I would welcome that $2000/mo and free rent regardless of whether I was the staunchest Conservative or not. And don't kid yourself, you won't see many people who were making less than 100k per year refuse that money.