O'Rouke suggest using tax code to transfer wealth from the rich to African Americans.

[Vic]

The Felix account clearly said people who get the Earned Income Credit pay no taxes then the S1 account moves the goalposts and lies about 50% not paying taxes...

Yeah, they're clearly cherrypicking the federal income tax while ignoring the federal payroll taxes, and state and local income, sales, and property taxes.
Also, the majority of that 47% who pay no federal income taxes are elderly retirees. Yaknow, the same people who were supposedly 'unemployed' during the Obama admin.
Facts, they're so inconvenient to some people.

 

[Jhhnn]

EITC does not fully compensate for the vagaries of trickle down capitalism. As I've linked many times, the share of national income of the bottom 50% has shrunk by 1/3 since 1980. They'd be better off if they had that back & paid 1980 income taxes. The same is true for people in the 50-75% range whose share has fallen by 1/5.

All that income now goes to the top 1% & particularly the top .1%. Recent tax cuts let them get & keep an even bigger piece of the pie.

 

[Greenman]

Did you mean subsistence or was that a Freudian slip?

Yes.

 

[soundforbjt]

I was rooting for Beto to defeat Cruz and thought he’d be a strong candidate during the primaries but he’s been really disappointing and seems to just be pandering and saying whatever he thinks people want to hear. I mean they all are, but his just seems really blatant.

Works for the current president, right?

 

[esquared]

Beto O'Rourke is another typical left wing kook racist running for office.

Besides, we already have the earned income credit that gives people a tax refund who dont even pay taxes!

STFU Pavel.

 

[Bitek]

...
Sigh. Another reason why Trump will be our president for another 4 years. Most people aren't going to resonate with this. You can say the same for Kang, and Warren.

Most people aren't resonating with Beto, and he's been tanking in the polls.

Don't care to click on a FN link, but I doubt they are covering it fairly. Regardless, Beto has been making mistakes and misstatements and it's costing him bigly.

 

[Bitek]

I don't mind this, as Beto is not a strong candidate. But I do mind a bit that the Republican mindset has become so much in favor of cronyism, and apparently so racist, that they see reflexively see proposals to reinvest Americans' tax dollars back to the American People as reparations to African Americans.

Quite right, but Ds didn't help themselves by starting up the whole reparations conversation this spring to begin with.

 

[FelixDeCat]

The Felix account clearly said people who get the Earned Income Credit pay no taxes then the S1 account moves the goalposts and lies about 50% not paying taxes...

You are clueless about the tax code. The EIC is a government wealth redistribution progamme. Perhaps you should do some research before contradicting me, homey.

https://www.npr.org/sections/money/...rsial-program-that-gives-money-to-poor-people

The Earned Income Tax Credit started as a small program in the 1970s and was expanded under President Reagan. But it was President Clinton who turned the program into what it is today — one that effectively gives low-wage working parents a big bonus. For some workers making around $15,000 a year, that bonus can now reach nearly $6,000. As the name suggests, the money is paid out like a tax refund, when workers file their income taxes.

 

[Vic]

You are clueless about the tax code. The EIC is a government wealth redistribution progamme. Perhaps you should do some research before contradicting me, homey.

Perhaps you should reconsider your 'pro-life' stance against your contradictory stance that a tax credit for low-income working parents is wealth redistribution.
You can keep telling yourself that it's all the parents' fault if their children starve or suffer due to their parents' poverty, but so long as you do nothing to help them, not even the most basic of charity, and you oppose the efforts of others to help, and you support policies that force even more people into poverty, then it is your fault too. You're just a post-birth abortionist.

 

[FelixDeCat]

Perhaps you should reconsider your 'pro-life' stance against your contradictory stance that a tax credit for low-income working parents is wealth redistribution.
You can keep telling yourself that it's all the parents' fault if their children starve or suffer due to their parents' poverty, but so long as you do nothing to help them, not even the most basic of charity, and you oppose the efforts of others to help, and you support policies that force even more people into poverty, then it is your fault too. You're just a post-birth abortionist.

I think we do have a population problem worldwide, but abortion is not the answer.

There is nothing wrong with helping people, especially poor ones. Even Ronald Reagan supported the EIC, therefore I do too.

Beto though is just being kooky to try and get votes.

 

[Moonbeam]

The way I see it at the moment is that we have a few themes running in the Democratic party. We have youth vs age, traditional politics vs a rising more left progressive politics. An authoritarian left vs a left willing to work with the right where possible. Male vs female candidate. Identity vs non identity political appeal. Class neutral vs class warfare politics, and so on. All of these topics are unresolved and evoke uncertainty and fear. I think that is why Biden has an advantage and why Sanders and maybe Warren are doing well. A vote for Biden I think is a vote for Obama, a return to a time when we had rational leadership, at least as far as the left is concerned. Sanders has a life long, long, long, record of opposing the ownership of our government by the 1%, the reason why democracy is dead, and Warren fulfills some of that also, if more gently and as a woman. Harris, of course, includes all of the above plus race and youth, but is less well known. My estimation is that a Biden Harris ticket would check a lot of boxes, but I'm just along for the ride. I will vote any Democrat not Trump, but I'd love to see what would be the result of him switching parties.

 

[Vic]

I think we do have a population problem worldwide, but abortion is not the answer.

There is nothing wrong with helping people, especially poor ones. Even Ronald Reagan supported the EIC, therefore I do too.

Beto though is just being kooky to try and get votes.

So what you're saying is that EIC is good when a Republican politician supports it, but 'kooky wealth distribution' when a Democratic politician supports it?
Also, within the context of democracy, why would it be bad for any politician to try and get votes? Isn't that what they're supposed to do? Isn't that how they win elections? It would seem that your objections here are purely partisan, that you object to ORourke trying to get the wrong votes.

 

[Jaskalas]

The way I see it at the moment is that we have a few themes running in the Democratic party. We have youth vs age, traditional politics vs a rising more left progressive politics. An authoritarian left vs a left willing to work with the right where possible. Male vs female candidate. Identity vs non identity political appeal. Class neutral vs class warfare politics, and so on.

I wouldn't say I am willing to "work" towards a compromise, least on economic principles. Rather, I encourage appealing to them and trying to win over voters who might otherwise be ignored or neglected by... traditional messaging. Going bold and transformative can appeal to those who've lost hope in the status quo, but were fooled by Republicans pretending to be their salvation.

 

[umbrella39]

You are clueless about the tax code. The EIC is a government wealth redistribution progamme. Perhaps you should do some research before contradicting me, homey.

https://www.npr.org/sections/money/...rsial-program-that-gives-money-to-poor-people

#fuckofftroll

Again, you lied and said people who get the earned income credit don't pay any taxes. Clearly they DO. Everyone knows this...

You are a cluess fuckwhistle

 

[Meghan54]

#fuckofftroll

Again, you lied and said people who get the earned income credit don't pay any taxes. Clearly they DO. Everyone knows this...

You are a cluess fuckwhistle

Watch out...you're going to make him stamp his feet, froth at the mouth and rage about something, something......

 

[Ventanni]

I dunno, the whole premise seems awkward to me. Democratic candidates are all being asked what they would do regarding black reparations, and I think most of these candidates have really never even taken the thought seriously. The act of actually taxing the wealthy and putting it directly in the hands of a given population is going to be almost impossible to pull off legally, but it does make for a good popularity contest.

 

[Jhhnn]

I dunno, the whole premise seems awkward to me. Democratic candidates are all being asked what they would do regarding black reparations, and I think most of these candidates have really never even taken the thought seriously. The act of actually taxing the wealthy and putting it directly in the hands of a given population is going to be almost impossible to pull off legally, but it does make for a good popularity contest.

That's not what Beto suggested-

"What if in the tax code we did a better job of breaking down that accumulated wealth, of taxing it so it is not producing the greatest income and wealth inequality that we’ve seen in our lifetimes, unseen since the Gilded Age of the 19th century?" O'Rourke said after noting the wealth gap between black and white America. "What if we decided that we would use the proceeds to invest in people, in education?”

 

[Lanyap]

I like Booker's Baby Bonds idea.

https://www.cnbc.com/2019/04/24/cory-booker-wants-to-give-baby-bonds-to-every-newborn.html

 

[FelixDeCat]

#fuckofftroll

Again, you lied and said people who get the earned income credit don't pay any taxes. Clearly they DO. Everyone knows this...

You are a cluess fuckwhistle

Don't act like a little child. Is that what Democrats do these days? Throw hissy fits and curse anyone who disagrees with them?

Here my dear, let me google that for you:

https://www.google.com/search?clien...ws-wiz.......0i71j0i67j0i131j0i10.ML7QvO3uZpg

The minimum income amount depends on your filing status and age. In 2018, for example, the minimum for single filing status if under age 65 is $12,000. If your income is below that threshold, you generally do not need to file a federal tax return.

Income below $12,000? Dont even need to file a return? Check.

https://www.google.com/search?client=firefox-b-1-d&q=earned+income+credit+no+income

You must have at least $1 of earned income (pensions and unemployment don't count). Your 2018 investment income must be $3,500 or less. You can't claim the earned income tax credit if you're married filing separately. You must not file Form 2555, Foreign Earned Income; or Form 2555-EZ, Foreign Earned Income Exclusion.

Earned income credit applies to ANY earned income of at least ONE DOLLAR? Check.


I think you owe me an apology, homecheese.

 

[Jhhnn]

Don't act like a little child. Is that what Democrats do these days? Throw hissy fits and curse anyone who disagrees with them?

Here my dear, let me google that for you:

https://www.google.com/search?clien...ws-wiz.......0i71j0i67j0i131j0i10.ML7QvO3uZpg



Income below $12,000? Dont even need to file a return? Check.

https://www.google.com/search?client=firefox-b-1-d&q=earned+income+credit+no+income



Earned income credit applies to ANY earned income of at least ONE DOLLAR? Check.


I think you owe me an apology, homecheese.

Nobody said otherwise. When the eitc money is spent it's taxed at that point.

 

[HomerJS]

May I remind people about the OP. Beto neither said or suggested any such thing. This was Fox News headline clickbait.

 

[Ichinisan]

Nobody said otherwise. When the eitc money is spent it's taxed at that point.

State sales tax on money spent really has anything to do with a claim about a federal government credit basically paying certain people (who end up paying no federal taxes).

Some states don't even have sales tax, by the way.

 

[s0me0nesmind1]

State sales tax on money spent really has anything to do with a claim about a federal government credit basically paying certain people (who end up paying no federal taxes).

Some states don't even have sales tax, by the way.

Ding ding.

Someone here has half a brain unlike others. "But but but but they pay STATE sales tax! That counts!"

No you prebuscent retards. That doesn't count towards Federal programs many of which you advocate for (FEDERAL healthcare and FEDERAL "universal basic income"). Prepare to be anally reemed and tax the lower and middle class at 50% instead of their luxuirous 0% if you want to idoloze such concepts.

 

[umbrella39]

Don't act like a little child. Is that what Democrats do these days? Throw hissy fits and curse anyone who disagrees with them?

Here my dear, let me google that for you:

https://www.google.com/search?clien...ws-wiz.......0i71j0i67j0i131j0i10.ML7QvO3uZpg



Income below $12,000? Dont even need to file a return? Check.

https://www.google.com/search?client=firefox-b-1-d&q=earned+income+credit+no+income



Earned income credit applies to ANY earned income of at least ONE DOLLAR? Check.


I think you owe me an apology, homecheese.

#fuckofftroll

Again, you lied and said people who get the earned income credit don't pay any taxes. Clearly they DO. Everyone knows this...

So when will you apologize for lying? You get caught in a lie so you lie more and shift the goalposts. Is that what Republicans do these days. Lie about everything they say? Let us know when you link to the part that says if you have no income you get the EIC.

Your game is boring and you are an emasculated pussy. Everyone will always know this. PLONK

You are a cluess fuckwhistle

 

[dawp]

#fuckofftroll

Again, you lied and said people who get the earned income credit don't pay any taxes. Clearly they DO. Everyone knows this...

So when will you apologize for lying? You get caught in a lie so you lie more and shift the goalposts. Is that what Republicans do these days. Lie about everything they say? Let us know when you link to the part that says if you have no income you get the EIC.

Your game is boring and you are an emasculated pussy. Everyone will always know this. PLONK

You are a cluess fuckwhistle

don't bother responding to him, he always make the most asinine arguments that never hold up in direct sunlight.