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Election 2020 Issues: Economic Inequality

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DiscordTiger On about 5 hours ago
The Queen of Random

Administrator




Emerald City, United States (g
#16New Post! Jul 17, 2019 @ 16:44:45
@chaski Said

I would set up a system to allow/entice illegal aliens to pay Federal taxes. They could apply for a tax number that was much like a U.S. citizen's social security number.

The illegal aliens would then use that number, let's call it an ITIN (Individual Taxpayer Identification Number) to file their federal & state taxes. Of course They wouldn't get tax refunds, write-offs, deductibles, etc...

They would pay federal & state income taxes and (of course) all sales taxes.

That way illegal aliens would not be leaching off of "our" social programs.

Oh... WAIT!

That system is already in place!!!

In fact, research reviewed by the nonpartisan Congressional Budget Office indicates that between 50 percent and 75 percent of unauthorized immigrants pay federal, state, and local taxes. Illegal immigrants are estimated to pay in about $7 billion per year into Social Security.

(Side note: Only about 56% of U.S. citizens pay income tax... as compared to the 50% to 75% of illegal aliens.)

I guess that doesn't help economic inequality anyway.


I was about half way through this...thinking damn, three has been too much tequila this morning already...Chaski is forgetting reality...
Then Oh ..wait.

I need more coffee and/or sleep lol
mrmhead On about 2 hours ago




NE, Ohio
#17New Post! Jul 17, 2019 @ 16:49:00
@chaski Said
Illegal immigrants are estimated to pay in about $7 billion per year into Social Security.



So $7 billion is just a percentage of what their take-home pay is!?!

They're Robbing Us BLIND!!!
chaski On about 5 hours ago
Stalker





Tree at Floydgirrl's Window,
#18New Post! Jul 17, 2019 @ 18:55:08
@mrmhead Said

So $7 billion is just a percentage of what their take-home pay is!?!

They're Robbing Us BLIND!!!



Yes... so imagine your salary and what % of that you pay as income tax.

Now remove your deductions... remove write-offs.,,. If you get refunds each year (or ever) remove them... etc... basically take your gross salary and treat is as your taxable income.

Oh and deduct from your salary Social Security, keeping in mind that you will not ever benefit from theses payments as they won't be applied to "your" social security account because you don't have one.

Yep... they are getting a complete free ride.
Leon On December 05, 2019




San Diego, California
#19New Post! Jul 17, 2019 @ 19:24:45
@mrmhead Said


Abigail Disney said she decided to check out Disneyland's worker conditions after a worker sent her a Facebook message. She said every employee delivered a similar message to her: "I don't know how I can maintain this face of joy and warmth when I have to go home and forage for food in other people's garbage."
...
Iger earned $66 million last year. The median salary of a Disney employee is $46,127, the company reported.
...
"We need to change the way we understand and practice capitalism."


Disparity

Part of the issue is the drive to produce profits in the short term for the shareholders.
If you don't produce profits, you'll be out of a job.

I mentioned somewhere else about finding a formula for executive pay that takes into account number of employees and their salaries. But then that wouldn't necessarily be free capitalism.
The only thing a gov't could do in this case is tax the rich and give it to the poor - which obviously rubs a lot of people the wrong way - and it doesn't necessarily make it to the right people.
We shouldn't punish (tax) the successful (rich) people just because they are good at what they do, but again - the one of the driving culprits is wringing out profits to please the shareholders.

I work for a privately held company, and they make decisions for the long term, for sustainability, not for this year's bottom line.
Of course the CEO is still a rich MF'r and I'm driving a Chevy s***box, but hey - it could be worse


High taxation of the wealthy and strong union solidarity is what drove down wage inequality from the 1940s to 1970s.
Leon On December 05, 2019




San Diego, California
#20New Post! Jul 17, 2019 @ 19:25:18
@chaski Said

I would set up a system to allow/entice illegal aliens to pay Federal taxes. They could apply for a tax number that was much like a U.S. citizen's social security number.

The illegal aliens would then use that number, let's call it an ITIN (Individual Taxpayer Identification Number) to file their federal & state taxes. Of course They wouldn't get tax refunds, write-offs, deductibles, etc...

They would pay federal & state income taxes and (of course) all sales taxes.

That way illegal aliens would not be leaching off of "our" social programs.

Oh... WAIT!

That system is already in place!!!

In fact, research reviewed by the nonpartisan Congressional Budget Office indicates that between 50 percent and 75 percent of unauthorized immigrants pay federal, state, and local taxes. Illegal immigrants are estimated to pay in about $7 billion per year into Social Security.

(Side note: Only about 56% of U.S. citizens pay income tax... as compared to the 50% to 75% of illegal aliens.)

I guess that doesn't help economic inequality anyway.


Not to mention that they don’t get anything back in Social Security.
Leon On December 05, 2019




San Diego, California
#21New Post! Jul 17, 2019 @ 19:25:49
@chaski Said

Yes... so imagine your salary and what % of that you pay as income tax.

Now remove your deductions... remove write-offs.,,. If you get refunds each year (or ever) remove them... etc... basically take your gross salary and treat is as your taxable income.

Oh and deduct from your salary Social Security, keeping in mind that you will not ever benefit from theses payments as they won't be applied to "your" social security account because you don't have one.

Yep... they are getting a complete free ride.


Oops, I see you just mentioned that.
chaski On about 5 hours ago
Stalker





Tree at Floydgirrl's Window,
#22New Post! Jul 18, 2019 @ 00:31:57
@Leon Said

Oops, I see you just mentioned that.


No problem.

If people got upset at me for every time I made a mistake, I would have a lot of people against me....


.... oh.... wait... I do anyway...

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