The Random, Meaningless Announcements Thread 3!

[Shadow Wolf]

Which Taxpayers Pay the Most Taxes?

Federal income tax brackets are progressive, so higher earners pay higher rates. Learn about who pays taxes, how much they pay, and who pays the most.

www.thebalancemoney.com

Excerpted...
In 2019, the top 1%, or taxpayers with an AGI of $546,434, paid $612 billion
in income taxes, and paid 38.8% of all federal income taxes.
To contrast, the bottom 90% paid $461 billion in income taxes.1

Id say that's pretty problematic when 1% has so much more money they pay more dollars (but a lower percentage) than 90% of everybody else.

 

[Stevicus]

Here's a photograph of Marco Polo in the court of Kublai Khan:

 

[Stevicus]

 

[sun rise]

View attachment 77625

Is @Revoltingest 's first name Mario?

 

[Shadow Wolf]

I know of two movies, both score low on IMBD and Rotten Tomato. But the movie with severe continuity issues, bad special effects, things on screen you're not supposed to say and lots of bad acting scores higher than the movie that's just not that good, but it does have a much better production quality and lack of embarrassingly obvious blunders that should never happen in a movie.

 

[Shadow Wolf]

I've been trying to work a story for putting @Wu Wei in at the @Revoltingest Compound with the wrestling references, going into things of the 2000s when some friends and myself were doing that, but we had a thing going on that was so weird I've not been able to free style that story without it sounding of an entirely looney loon nature in a bad way. Face paint, spray paint, crude taunts and gestures, barbed wire, fire, tables, ladders, chairs, smiley faces and deliberately bad rapping, wicked clowns, high flying craziness, and the zaniness of some people loving the gimmicks and entertainment they bring while others hate it (and get stiff) just because of what the gimmicks are based on.

 

[Revoltingest]

Id say that's pretty problematic when 1% has so much more money they pay more dollars (but a lower percentage) than 90% of everybody else.

The lower percentage is largely due to payroll taxes.
I favor reforming that disincentive to working.

 

[Revoltingest]

Is @Revoltingest 's first name Mario?

I could never be Italian.
They're even less libertarian than Ameristan!

 

[Revoltingest]

I've been trying to work a story for putting @Wu Wei in at the @Revoltingest Compound with the wrestling references, going into things of the 2000s when some friends and myself I were doing that, but we had a thing going on that was so weird I've not been able to free style that story without it sounding of an entirely looney loon nature in a bad way. Face paint, spray paint, crude taunts and gestures, barbed wire, fire, tables, ladders, chairs, smiley faces and deliberately bad rapping, wicked clowns, high flying craziness, and the zaniness of some people loving the gimmicks and entertainment they bring while others hate it (and get stiff) just because of what the gimmicks are based on.

Fixed your case.

 

[Wu Wei]

I've been trying to work a story for putting @Wu Wei in at the @Revoltingest Compound with the wrestling references, going into things of the 2000s when some friends and myself were doing that, but we had a thing going on that was so weird I've not been able to free style that story without it sounding of an entirely looney loon nature in a bad way. Face paint, spray paint, crude taunts and gestures, barbed wire, fire, tables, ladders, chairs, smiley faces and deliberately bad rapping, wicked clowns, high flying craziness, and the zaniness of some people loving the gimmicks and entertainment they bring while others hate it (and get stiff) just because of what the gimmicks are based on.

1) Interesting
2) you have waaaaaay to much time on your hands
3) seek professional help

 

[sun rise]

The lower percentage is largely due to payroll taxes.
I favor reforming that disincentive to working.

The lower percentage is largely due to special tax breaks that benefit the rich along with being able to afford fancy accountants to take advantage of all the special tax loopholes benefiting the very rich.

I'm in favor of a gross receipts tax for businesses, corporations and individuals. No deductions for ANYTHING. The government, IRS, would be cut way way back, a horde of accountants and lawyers could look for something productive to do and people would not have an annual headache. Businesses could focus not on avoiding taxes with offshore and other gimmicks but on actually making money by providing goods and services.

 

[Revoltingest]

The lower percentage is largely due to special tax breaks that benefit the rich along with being able to afford fancy accountants to take advantage of all the special tax loopholes benefiting the very rich.

"Fancy accountants"....now there is cogent analysis of the problem.

I'm in favor of a gross receipts tax for businesses, corporations and individuals. No deductions for ANYTHING. The government, IRS, would be cut way way back, a horde of accountants and lawyers could look for something productive to do and people would not have an annual headache. Businesses could focus not on avoiding taxes with offshore and other gimmicks but on actually making money by providing goods and services.

Beware unintended consequences of a glibly proffered change.
The incentive to rid business of workers would increase greatly.

 

[Brickjectivity]

I wish to be a spaghetti taster, to travel round the world saying "Not good enough!" but loving every bite.

 

[Stonetree]

I wish to be a spaghetti taster, to travel round the world saying "Not good enough!" but loving every bite.

Public service is admirable.....

 

[Revoltingest]

I wish to be a spaghetti taster, to travel round the world saying "Not good enough!" but loving every bite.

I will soon have spaghetti for breakfast.

 

[Shadow Wolf]

Fixed your case.

Now ya've just done gone and threw things out of agreement.

 

[Shadow Wolf]

1) Interesting
2) you have waaaaaay to much time on your hands
3) seek professional help

I keep saying those I associate with make me look sane amd normal. They do things even I am too scared to do, like arguing with a cop.
And I've sought help. Nearly all of them need help, like the one who asked me what makes the only person in the world meditation doesn't do anything for (all medical people at all levels should just knkw there's no 100% effective treatment), one who kept telling me the bs, so-called "law" of attraction is real, one diagnosed me as psychotic and another as a hormonal *****, and one actually downplayed why I was there.

 

[Wu Wei]

I keep saying those I associate with make me look sane amd normal. They do things even I am too scared to do, like arguing with a cop.
And I've sought help. Nearly all of them need help, like the one who asked me what makes the only person in the world meditation doesn't do anything for (all medical people at all levels should just knkw there's no 100% effective treatment), one who kept telling me the bs, so-called "law" of attraction is real, one diagnosed me as psychotic and another as a hormonal *****, and one actually downplayed why I was there.

Well...I'm going to eat a lunch of homemade dumplings and homemade baozi

 

[sun rise]

"Fancy accountants"....now there is cogent analysis of the problem.

Beware unintended consequences of a glibly proffered change.
The incentive to rid business of workers would increase greatly.

Businesses don't need incentive as the bloodbath in tech has shown. And speculation is worth exactly what I paid for it so I have my money's worth from your post.

Given what AI is starting to do, I think any additional incentive beyond what we've seen and can expect would be minimal and seriously outweighed by the advantages.

 

[Revoltingest]

Businesses don't need incentive as the bloodbath in tech has shown. And speculation is worth exactly what I paid for it so I have my money's worth from your post.

Given what AI is starting to do, I think any additional incentive beyond what we've seen and can expect would be minimal and seriously outweighed by the advantages.

You're missing the lower cost of labor that
is deducted from gross income, thereby
lowering income tax liability.