Elections Kamala Harris for POTUS

[Islam Imamate]

You have my vote so long as the capital gains taxes are only for high income individuals

Capital gains are already calculated in part on your taxable income and its 0% for those who earn up to $47k, 15% for those make up to ~$500k, and then 20% beyond that. I think in an ideal world capital gains would be taxed at rates closer to current income tax rates while income taxes for those who make up to $100k should be completely cut and paid for with the increases on capital gains. That way wage earners keep more of their money which they can then invest and only after they get returns on those investments or make more than $100k do they pay taxes.

My understanding is that the issue with that system in practice would be that income is simpler and easier to tax than capital gains so you'd have to overcompensate with capital gains tax increases to make up for the fact that you might not be able to collect capital gains taxes as efficiently as you might income taxes.

100% agree. People hear corporate tax and immediately think it means Amazon, apple, Exxon mobile, etc. but the difference between small and large corporation is literally like 100 employees being the threshold. Like, that is crazy lol

People hear the trump tax and think it was only for the wealthy, but the wealthy who can afford it benefit from taxes as the government even gives them contracts, where they won’t on the federal scale to smaller companies.

But it gave a lot of relief to mid size companies. And that can even been like an incorporated that owns a half dozen gas stations as well as a dozen franchises.

Think how much a 7-14% increase (or decrease) in tax, in addition to inflation affect wages, bonuses, expansion which then leads to promotions in these smaller, but still considered large business

I don't really care about that angle and if anything I am more concerned with the big corporations when I think of the corporate tax rate. I've just heard from people I trust that its not a good tax in the sense that it generates more drag on the economy in some way that other taxes might not though I can't recall the argument off the top of my head.

 

[PEB]

No staged crowds like Trump.

 

[idrankyourbeer]

No staged crowds like Trump.

cant seem to see your image

 

[Rob Battisti]

Capital gains are already calculated in part on your taxable income and its 0% for those who earn up to $47k, 15% for those make up to ~$500k, and then 20% beyond that. I think in an ideal world capital gains would be taxed at rates closer to current income tax rates while income taxes for those who make up to $100k should be completely cut and paid for with the increases on capital gains. That way wage earners keep more of their money which they can then invest and only after they get returns on those investments or make more than $100k do they pay taxes.

My understanding is that the issue with that system in practice would be that income is simpler and easier to tax than capital gains so you'd have to overcompensate with capital gains tax increases to make up for the fact that you might not be able to collect capital gains taxes as efficiently as you might income taxes.

It’s 0% up to 47k 15% up to 500k and 20% beyond that.

I’d change it to something like

0% up to 200k
10% up to 500k
20% up to 1 million
25% up to 5 million
30% beyond that

That would be less for lower earners and more for higher earners.

 

[Paynebringer]

What’s this about her being an alcoholic?

 

[Joe]

This feels like a million years ago

 

[Paynebringer]

What’s this about her being an alcoholic?

And still not as flawed as Trump. What don't you get that people will willingly take a happy so-called drunk over a hateful grievance-filled angry old name-calling white man?

 

[MetalGearTrump]

And still not as flawed as Trump. What don't you get that people will willingly take a happy so-called drunk over a hateful grievance-filled angry old name-calling white man?

Damn using the term "white" like some kind of slur over here

 

[Paynebringer]

Damn using the term "white" like some kind of slur over here

Do you mean like when Trump used "black" like a slur over there..?

 

[MetalGearTrump]

Do you mean like when Trump used "black" like a slur over there..?

We're talking about you. Not Trump

 

[Islam Imamate]

It’s 0% up to 47k 15% up to 500k and 20% beyond that.

I’d change it to something like

0% up to 200k
10% up to 500k
20% up to 1 million
25% up to 5 million
30% beyond that

That would be less for lower earners and more for higher earners.

Floor is too high and rates are not steep enough for my liking but reasonable minds can disagree here. Like I said I would like to see a capital gains tax hike as a way to pay for steep cuts to income tax. That's basically a tax break for a lot folks and I already think capital gains is too low.

 

[Paynebringer]

We're talking about you. Not Trump

I'm not running for president bro, I'm observing what I'm seeing and hearing just like you.

 

[Rob Battisti]

Floor is too high and rates are not steep enough for my liking but reasonable minds can disagree here. Like I said I would like to see a capital gains tax hike as a way to pay for steep cuts to income tax. That's basically a tax break for a lot folks and I already think capital gains is too low.

I could go higher on higher gains. I would be open to 40% for incomes over 15 million

My issue is that you need to invest to not lose money due to debasement. Then you get TAXED on something you HAVE TO DO!

I don’t care about the rich. F them. If they make a 10 million dollars on a trade, 6 million is enough for them. If I make 100k on a trade, I should be able to keep it all.

 

[Paynebringer]

It's getting hot in here...

https://www.msn.com/en-ca/news/poli...y-shows-close-race/ar-AA1p1fae?ocid=msedgntp&

 

[badascan]

Everything is about Trump, it's bizarre... This thread is about the empty shell Harris and Trump is constants brought up. The thread about the Chicago convention see regular Trump related posts... Almost like people have some kind of psychosis...

Harris wants to fight to stop price gouging! And she wants to make things great again... One problem is, she has been as close to the top as one gets for years now and hasn't done a positive thing! Who believes anything she says? Certainly not her... "Kamala, how will you pay for all this?" "You see, we want everyone to have everything and we see it as a thing for you to have everything you want, and we want everything to be had by you, and it's a good thing, huhhaha haahaaha, you know"...

 

[San Marino]

why be a filthy liar and pretend the vice president gets to set policy on their own or enact any?

Ah, while the exact nature of the role varies in each administration, since the president does not truly possess authority over the vice president, most modern vice presidents serve as a key presidential advisor, governing partner, and representative of the president.

Dick Cheney has been the most powerful Vice President in US history. He actually told Bush (the President) what to do and how to think. How do you think the US got into a war with Iraq? It was not a Bush decision.

Did Kamala Harris do anything with the US southern border after being appointed in charge of southern border security? No. She actually wanted nothing to do with the US southern border and told Biden just that. Imagine that a VP who tells the President what she wants and does not want to do as a VP.

Kamala Harris has been fat and happy sitting in the back with nothing better to do for 3.5 years. She does not know shit and does not want to learn shit. Now she has to actually come in front of the American people and prove what she is capable of, which in her case would be a fat 'nothing.' She is really good at sucking a golf ball through a garden hose.

Does Kamala Harris know the difference between inflation and recession? No.

 

[San Marino]

Yes, but the Biden administration was slow to act even though they deported percentage-wise more people than Trump. But that doesn't matter because there was a massive influx of immigrants during the Biden administration and they dropped the ball on that imo.

So what?? They are ready and willing to put forth a much better border policy and the Republicans blocked it because they want to give Trump an edge during the election. I have no doubt the Democrats will handle the border policy just fine now that they recognize there's a real problem going on.

Funny!
Mate that boat has sailed about 3 years ago. We now have over 10,000,000 illegal immigrants in the US. I'm sure a good number of them are good, honest, hardworking people, but many others are committing crime, raping women, selling drugs, and destroying the American way. Are democrats going to round up these 10,000,000 illegal immigrants and send them back where they came from? I don't think so. Democrats can't even handle the little monster they created with the pro-Palestinian/anti-Israeli crowd. They are currently all gathering outside the DNC and raising hell. Biden has given billions to Ukraine and Israel while US veterans are suffering. I'm losing on average 20 of my brothers and sisters to suicide each day (veterans). Americans are still without a job and no food on the table. When did Ukrainians and Israelis come before Americans?

 

[Deleted member 577981]

Funny!
Mate that boat has sailed about 3 years ago. We now have over 10,000,000 illegal immigrants in the US. I'm sure a good number of them are good, honest, hardworking people, but many others are committing crime, raping women, selling drugs, and destroying the American way. Are democrats going to round up these 10,000,000 illegal immigrants and send them back where they came from? I don't think so. Democrats can't even handle the little monster they created with the pro-Palestinian/anti-Israeli crowd. They are currently all gathering outside the DNC and raising hell. Biden has given billions to Ukraine and Israel while US veterans are suffering. I'm losing on average 20 of my brothers and sisters to suicide each day (veterans). Americans are still without a job and no food on the table. When did Ukrainians and Israelis come before Americans?

no it hasn't sailed. either trump or Kamala will get it done and biden would have but trump blocked it so that he could run on it proving its not the emergency in his mind that he pretends it is. this is the rights ONLY good point against biden Harris but its not a very good one.

 

[San Marino]

Does this count?

No.
Good try though...

 

[San Marino]

either trump or Kamala will get it done and biden would have but trump blocked it so that he could run on it proving its not the emergency in his mind that he pretends it is. this is the rights ONLY good point against biden Harris but its not a very good one.

Ah, Trump was building a border wall that Biden managed to stop. Why didn't Biden finish building the wall with Mexico?
Why was it so hard for Harris to go visit the border? What exactly was more important in her agenda? Oh, yeah, sucking that golf ball through a garden hose. If she had gone, she would have seen how bad things were 3 years ago. A good VP would have said: "Damn, this is fucked up, Biden and I need to do something about this issue." But, no, that would have taken too much brain power and will to get a plan off the ground. Harris decided to just sit low in the back. Actually, I don't think she was in the same room with Biden. They never really liked each other. Democrats picked Harris to be Biden's running mate. This country is far worse than it was when Trump was President.