158 Comments
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bettycat's avatar

Actually the first $80,000 in capital gains is totally tax free.

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SterWonk's avatar

If we were a politically serious country we’d elect people who aren’t millionaires.And not re-elect people who became millionaires while they were in office.

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RefillingThorsBeer's avatar

I know it will have an impact on the life expectancy of Americans, especially in Florida. I think the gains in fewer payouts will be offset by the loss in employed persons for the year 2020, so not sure if it will have an overall impact on SSI solvency.

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RefillingThorsBeer's avatar

I will be 51 soon. I am earning more than I ever have, currently. I will never bump into the cap on SSI contributions. My dad capped out on the regular in the 80s and 90s. Agreed, the cap should have been removed.

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Non Doctior's avatar

the rule of law. wouldn't it be nice...

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Ms. Dee from the Lou's avatar

RIP to Norm MacDonald...the great ones continue to leave us :(.

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Virgiebeach's avatar

...your damn bill could use some fixin' !

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Virgiebeach's avatar

/\ Say it twice !!!

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Miss Dill's avatar

I'm not much on fashion, but AOC's dress was killer. And she looked fabulous in it!

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Miss Dill's avatar

You're right about that. And he was so young...ugh.

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Tony Rochon's avatar

Hmmm. I'm trying to think of someone who voted for tax cuts for the rich from 1995 to 2001, but I am coming up blank. Can someone help me out, here?

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MsPithy's avatar

None of this adds up to pile of shit without the IRS being capable of finding the millionaire/billionaire tax cheats and making them PAY THE TAXES THEY ALREADY OWE! Go ahead, make the corporate rate 50%, they ain't gonna pay, WITH IMPUNITY. They will still pay zero!

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Dragon with the girl tattoo's avatar

Indeed. with buswankers like Bezos only rocketing to new heights moneywise during a pandemic shows they don`t spend it on anything that benefit the workers.

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Parakeetist's avatar

And so we started singing, on such a winter’s day

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brandodell's avatar

Tax everyone more--at all levels there should be at least a slight increase. Then, tax all forms of income the same (capital gains should be like ordinary income), tax estates like ordinary income, raise the income cap on the payroll tax, and look at at least a small VAT or national sales tax, and increase the gas tax. Add that to increased IRS enforcement, and all that together should take a chunk out of our deficit, and give every American a sense of contribution and responsibility, as well as a greater popularity for non-means tested benefits and improved social services.

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Debbie is fully Pfizered!'s avatar

that line always makes me LOL, I don't know why

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