[ExI] Michael Cohen
interzone at gmail.com
Thu Feb 28 17:04:08 UTC 2019
I don't find it implausible. If we're talking about federal income tax in
the US, the top 50% of earners already shoulder almost all of the burden.
Someone is going to have to pay for all of these new "socialist"
initiatives, and considering ALL taxation is expropriation facing down the
barrel of a gun, it is indentured servitude if not slavery depending on
degree. I'm not in favor of looking for additional people to soak with it
or create new ways to squeeze blood from a stone.
Since when does Warren Buffet or anyone else get to speak for what I would
like to do with my own money? You may want to also look into the ways
Buffet conveniently legally evades taxes at a higher level with the way his
insurance business is structured. He has found a way to avoid taxes there
for years, and is a hypocrite.
There are plenty of taxes to go around on anyone who is successfully
generating income in the US right now; we certainly don't need more of them
imposed on any income class.
On Thu, Feb 28, 2019 at 11:37 AM Henry Rivera <hrivera at alumni.virginia.edu>
> Spike, please. This seems hardly plausible. You sound paranoid. And
> comparing it to slavery? That comes off as pretty insensitive to the
> brutality that slavey was.
> I’m reminded that Warren Buffett, who is estimated to be worth more than
> $47 billion, called on Congress to commit to "shared sacrifice" and raise
> taxes on people earning more than $1 million. So there is even support for
> this among the filthy rich who realize they can maintain extravagant
> lifestyles even with larger tax rates on them. Progressive taxation
> minimally makes sense to a lot of people, even wealthier folks. I’m pretty
> sure your libertarian perspective supports no taxation, so this delineation
> between some taxation vs higher rates may not even make a difference to you
> I’d surmise.
> > On Feb 28, 2019, at 10:51 AM, <spike at rainier66.com> <spike at rainier66.com>
> > Then why do we even bother, since it doesn’t raise much of anything?
> Because the government can dilute its own currency. So next year it
> applies to 20k Americans, and the year after that 200k, then 2 million,
> then pretty soon that 70% applies to anyone willing to work, and slavery is
> back and standing tall.
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