Tonight's Presidential Debate

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HeIsHere

Well-known member
May 21, 2022
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Trump is not serving the purposes of the cabal. If he was, he would not have any interference from them. He is a threat to them. So was Reagan, and so was Kennedy.
If Trump hires Musk to audit government spending, the things we will learn will shake the foundations of government.
You observe the theater, I read about the backers and advisors and how the money flows, that is what is important.
 

SonJudgment

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Jun 25, 2024
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You gotta love how deceitful the wicked are when the invaders go from being called refugees to migrants to immigrants. For certain it is a curse to have the foreigner invade your land to supplant your children.
 

HeIsHere

Well-known member
May 21, 2022
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And what did you pay?
I love how people can see that the wealthy bear the burden of taxes, but because they have alot left over, they are evil. Tell me, what would you do if you had tens of millions of dollars? Give it to the government? I think not.
I paid my full percentage owed in my income level, did they? NO

Did I make a moral judgment I presented the facts about the percentage they paid compared to the amount they earned, why are they special when a working family is not?
 

ZNP

Well-known member
Sep 14, 2020
36,475
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Yup they pay their fair share alright.


View attachment 267358
Very misleading. Berkshire Hathaway paid $8 billion in taxes. When you buy and sell stocks there is a capital gain tax that must be paid, so every person who owns the stock paid a portion of this tax, but in total it was $8 billion.

Amazon.com paid $2.1 billion in the US, they pay taxes in other countries as well.

Now Tesla did not pay any tax on income of $96 billion in 2018. Why? I don't know but I suspect they bought a whole lot of equipment that they were able to write off for depreciation. That law is favorable to domestic manufacturing and encourages companies to invest in new equipment. So even though they did not pay taxes you should also look at all their suppliers. Did they pay taxes? Also Tesla employs 121,000 people, did they pay taxes?

I am all for billionaires paying their fair share, but the word fair means everyone is treated the same. If Warren Buffet is trying to minimize the tax burden on his fund that benefits everyone investing in his fund fairly. He has long term investments so when he sells he gets the lower long term capital gains tax, and only when he sells. These laws encourage investors to invest. That is why capitalism works because money flows quickly to reward the winners and punish the losers. All that money they invest is being used by businesses to employ others and to keep their businesses competing with the rest of the world.

Ask yourself what "loophole" are these billionaires using to lower their tax rate? The write offs they have are available to everyone. Most of them do not take a salary which would be taxed at a higher rate, they profit when the stock goes up. As a rule investors want the CEO to profit when the stock goes up and to lose when the stock goes down.

One way they can cut their taxes is by taking a capital loss on a stock trade and carrying that forward to the next year. By law you can carry forward capital losses indefinitely. Perhaps they took big losses in 2008 and 2015 that they are still carrying forward. Again, this is fair, all investors get to do this.

Do not try to twist this as a defense of billionaires. I have no idea what their tax return looked like, or how they are able to pay such low taxes. What I do know is that simply looking at this one number does not fairly tell us anything.
 

daisyseesthesun

Well-known member
Aug 23, 2024
630
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You have proven his point that closed minds only interpret reality through their own thoughts and experiences.

I can bounce an orange on a trampoline. Therefore the answer is NOT always no:

PennEd,

it's a free country. Go ahead answer something else. You will fail the psyche exam though.
 

HeIsHere

Well-known member
May 21, 2022
5,830
2,268
113
And what did you pay?
I love how people can see that the wealthy bear the burden of taxes, but because they have alot left over, they are evil. Tell me, what would you do if you had tens of millions of dollars? Give it to the government? I think not.
So not paying what you actually owe is okay if you are really rich.
I have no idea why engage you sometimes.
My garden needs tending to....
 

cv5

Well-known member
Nov 20, 2018
22,873
8,342
113
Very misleading. Berkshire Hathaway paid $8 billion in taxes. When you buy and sell stocks there is a capital gain tax that must be paid, so every person who owns the stock paid a portion of this tax, but in total it was $8 billion.

Amazon.com paid $2.1 billion in the US, they pay taxes in other countries as well.

Now Tesla did not pay any tax on income of $96 billion in 2018. Why? I don't know but I suspect they bought a whole lot of equipment that they were able to write off for depreciation. That law is favorable to domestic manufacturing and encourages companies to invest in new equipment. So even though they did not pay taxes you should also look at all their suppliers. Did they pay taxes? Also Tesla employs 121,000 people, did they pay taxes?

I am all for billionaires paying their fair share, but the word fair means everyone is treated the same. If Warren Buffet is trying to minimize the tax burden on his fund that benefits everyone investing in his fund fairly. He has long term investments so when he sells he gets the lower long term capital gains tax, and only when he sells. These laws encourage investors to invest. That is why capitalism works because money flows quickly to reward the winners and punish the losers. All that money they invest is being used by businesses to employ others and to keep their businesses competing with the rest of the world.

Ask yourself what "loophole" are these billionaires using to lower their tax rate? The write offs they have are available to everyone. Most of them do not take a salary which would be taxed at a higher rate, they profit when the stock goes up. As a rule investors want the CEO to profit when the stock goes up and to lose when the stock goes down.

One way they can cut their taxes is by taking a capital loss on a stock trade and carrying that forward to the next year. By law you can carry forward capital losses indefinitely. Perhaps they took big losses in 2008 and 2015 that they are still carrying forward. Again, this is fair, all investors get to do this.

Do not try to twist this as a defense of billionaires. I have no idea what their tax return looked like, or how they are able to pay such low taxes. What I do know is that simply looking at this one number does not fairly tell us anything.
Elon just recently paid an absolute FORTUNE in personal taxes from his executive compensation.
 

cv5

Well-known member
Nov 20, 2018
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You observe the theater, I read about the backers and advisors and how the money flows, that is what is important.
Lets hope Trump stuffs a political knife in their collective backs.
Its not like it hasn't happened before.

And at his age, Trump has little to lose by burning down the entrenched system of grifting and influence peddling.
 

HeIsHere

Well-known member
May 21, 2022
5,830
2,268
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Do not try to twist this as a defense of billionaires. I have no idea what their tax return looked like, or how they are able to pay such low taxes. What I do know is that simply looking at this one number does not fairly tell us anything.
Agree on this.

As I have been told many times the system benefits the rich and the smart and takes advantage of the lowly, let's not pretend otherwise.
 

ZNP

Well-known member
Sep 14, 2020
36,475
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Well when you think creepy Tim Walz can't get worse, hold your coffee cause it can get way worse! His family has released video of creepy Tim Walz crossdressing and dancing for men. Just post this every day until election. No way we will let these wicked ones rule over us, no way at all, we will fight first.
And now you know why Taylor Swift endorsed him.
 

SonJudgment

Well-known member
Jun 25, 2024
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And now you know why Taylor Swift endorsed him.
Well Taylor Swift is an infamous slut so it did not really surprise me that she would endorse Homewrecker Harris and her cowboy companion.
 

ZNP

Well-known member
Sep 14, 2020
36,475
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Agree on this.

As I have been told many times the system benefits the rich and the smart and takes advantage of the lowly, let's not pretend otherwise.
Yes, just like Jesus took the talent from the guy who buried it in the backyard and gave it to the guy who had ten talents.

I remember the guy who created Walmart driving around in a pickup 20 years old with his dog in the back and still eating at the same diner. Yes the system favors him building up the biggest retail store in his sixties.

But complaining about it sounds like the guy complaining to the Lord that He is an austere man. Jesus called that man wicked and slothful. He wasn't simply lazy but tried to justify his laziness by complaining about those who were not lazy.
 

ZNP

Well-known member
Sep 14, 2020
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Well Taylor Swift is an infamous slut so it did not really surprise me that she would endorse Homewrecker Harris and her cowboy companion.
Well Walz called Harris a prostitute, so perhaps that is the demographic they are pandering to. Unlimited abortions nationwide is clearly a top priority for that demographic.
 

cv5

Well-known member
Nov 20, 2018
22,873
8,342
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Well when you think creepy Tim Walz can't get worse, hold your coffee cause it can get way worse! His family has released video of creepy Tim Walz crossdressing and dancing for men. Just post this every day until election. No way we will let these wicked ones rule over us, no way at all, we will fight first.
The wise guys who called out Walz as a nutter win the day. Again.
 

SonJudgment

Well-known member
Jun 25, 2024
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On the tax issue, it's not even so much a matter of taxing the rich or any of that. It's look what they are spending those taxes on. They're spending them to give foreign invaders 5 star treatment while the American citizen suffers. So not only are your sons being supplanted openly by the foreigners, but their shameful parents with their shameful ideology-religion are even rewarding the invaders for it. It's insult on top of injury. The curse couldn't be more clear.

https://www.youtube.com/shorts/udcTq2khbdE
 

cv5

Well-known member
Nov 20, 2018
22,873
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Yes, just like Jesus took the talent from the guy who buried it in the backyard and gave it to the guy who had ten talents.

I remember the guy who created Walmart driving around in a pickup 20 years old with his dog in the back and still eating at the same diner. Yes the system favors him building up the biggest retail store in his sixties.

But complaining about it sounds like the guy complaining to the Lord that He is an austere man. Jesus called that man wicked and slothful. He wasn't simply lazy but tried to justify his laziness by complaining about those who were not lazy.
There is WAY more going on there than that.
Furthermore, one MUST aggregate all three parables, and mark off the key features before you can rightly understand them.

Those parables, like everything else Jesus God says, are loaded with profundity.

Another thing......those parables are limited to Israel and the end times. If you did not know.
 

SonJudgment

Well-known member
Jun 25, 2024
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Well Walz called Harris a prostitute, so perhaps that is the demographic they are pandering to. Unlimited abortions nationwide is clearly a top priority for that demographic.
She's worse than a prostitute, she is an absolute sexual predator just like him. Homewrecker Harris only goes after married men, you ever notice that? Heck she was even giving Trump the eye during the debate! It's not just that she lays on her back to get ahead, she purposefully wrecks families and then tries to act like this is acceptable.
 

ZNP

Well-known member
Sep 14, 2020
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I am not concerned with those who are following the laws, doing business, employing thousands, and providing needed services.

What I want to know is why those who commit fraud are not prosecuted. FTX is an example, yes they put the CEO in prison, but what about all the political campaigns they funded with that money laundering scheme paying back the money? When will that happen?

Finally we are prosecuting Hunter Biden for tax fraud, about time. But what about prosecuting the Biden family for taking bribes from foreign entities? Why do they all still have the property they bought with these bribes?

What about Hillary Clintons illicit "charity" that raked in tens of millions when she was Secretary of State but got zip once she left office. It was very obviously a pay to play scheme, her server that she destroyed was a very clear violation of US law, how has she not been prosecuted yet?

If the law is messed up that is the fault of the Congressmen and Senators that passed it. If they passed it because of bribes from billionaires that is bad for the billionaires, by all means prosecute them but even more prosecute the elected officials selling out the country for bribes.