Trump says he is 'seriously' considering a capital gains tax cut

[Will Hunting]

Thank you.

I guess I'm uber rich, woohoo!

Darrin wants everybody to know how much money he makes!

[in2deep]

Thank you.

I guess I'm uber rich, woohoo!

if you make that then yes you are rich.

and your point is?

[DarrinS]

Great, and you can afford the cap gains tax at its current rate.

I don’t buy it that giving your 401k a tax break helps the paycheck to paycheck family facing eviction due to a trickle down effect.

Lockdowns force people to face evictions, tbh.

[baseline bum]

Many of us that have 401k and are investing. Not all of us are Warren Buffet.

Are you about to be evicted?

[spurraider21]

Should people stop investing?

the nearly 80% of americans who live paycheck to paycheck by definition are unable to save and invest meaningfully

[ChumpDumper]

Government inaction and lack of conviction force people to face evictions, tbh.

fify

[Will Hunting]

The self made bs is the biggest myth ever. Nobody who is successful became successful without somebody helping them along the way. In some cases they became successful by stealing other people's work ala Mark Zuckerberg stealing Winklevoss twins work from their social media website and using it to create facebook.

I still remember when all the dirt poor trailer trash in middle America was spitting mad when Obama said “you didn’t build that”

[spurraider21]

Lockdowns force people to face evictions, tbh.

1) not if the government provides a robust safety net well within its means

2) prolonged lockdowns are necessitated by earlier inaction

[DarrinS]

if you make that then yes you are rich.

and your point is?

My property tax alone is 12K/year.

[ChumpDumper]

Are you about to be evicted?

He wants people to die so they don't get evicted.

[daslicer]

In there perfect world there really aren’t taxes at all, it’s a feudalist authoritarian society where 90+% of the population has no wealth at all.

That's a great point I have never thought about it that way.

[Will Hunting]

if you make that then yes you are rich.

and your point is?

That he’s really rich and you should think highly of him because of it!

[in2deep]

trump is not wrong here i think

in usa 5% of americans control 95% of wealth so giving them an injection of cash would spin up the economy

its sad that we live in such society but again, trump is kicking the tires that would move

[ducks]

150k is not rich in cal !

[baseline bum]

My property tax alone is 12K/year.

So you're saying you're near homelessness?

[Trill Clinton]

over 150k a year or about 10% of Americans?

And 80% of ST

[in2deep]

My property tax alone is 12K/year.

I'm sure the other 10% of rich americans are on the same boat

what a tough life

[Will Hunting]

Lockdowns force people to face evictions, tbh.

Cool. Still not quite sure why the current pandemic means your 401k should get a tax break, but I’m sure your 401k is very big and you worked very hard saving for it.

[ducks]

1) not if the government provides a robust safety net well within its means

2) prolonged lockdowns are necessitated by earlier inaction

Never should have had a lockdown
Look at south Dakota

[baseline bum]

trump is not wrong here i think

in usa 5% of americans control 95% of wealth so giving them an injection of cash would spin up the economy

its sad that we live in such society but again, trump is kicking the tires that would move

It did all last time Trump did it.

[ChumpDumper]

trump is not wrong here i think

in usa 5% of americans control 95% of wealth so giving them an injection of cash would spin up the economy

its sad that we live in such society but again, trump is kicking the tires that would move

The poor would actually spend the money. That's what stimulates a consumer economy. That's what's keeping it afloat now.

[Will Hunting]

trump is not wrong here i think

in usa 5% of americans control 95% of wealth so giving them an injection of cash would spin up the economy

its sad that we live in such society but again, trump is kicking the tires that would move

We’ve been giving that 5% a tax break since the 1960s, all its done is grow wealth inequality during that time. This country was most prosperous economically when the top marginal tax rate was over 90%.

[ducks]

I'm sure the other 10% of rich americans are on the same boat

what a tough life

Why should Darin pay more then yin to Uncle Sam
Flat tax is fair

[in2deep]

The poor would actually spend the money. That's what stimulates a consumer economy.

agree but trump has months to make a change. thus kicking the tires.

fundamentally I agree but US would have to fundamentally change

[ducks]

The poor would actually spend the money. That's what stimulates a consumer economy.

Are you saying your poor