Page 8 of 8 FirstFirst ... 678
Results 211 to 219 of 219

Thread: President Trumpís tax plan keeps the socialist communist progressive income tax alive

  1. #211
    Quote Originally Posted by Sonny Tufts View Post
    OK, what are the "necessary expenses and outlays"? Be very specific....
    I already was in post number 189. This is simple math for those whose singular object is to calculate one's profit or gain. But for those whose object is to use the force of government to create an advantage for one identifiable group over another identifiable group, such calculations are nothing more than an opportunity to create perverted rules under which an arbitrary advantage is created for the well connected by our Washington Sewer Rats, at the expense of those who are disadvantaged by "the rule of perverted law".


    JWK



  2. Remove this section of ads by registering.
  3. #212


    ...
    Quote Originally Posted by Zippyjuan View Post
    Ron Paul know some weird people...



    Quiz: Test Your "Income" Tax IQ!


    Short Income Tax Video

    The Income Tax Is An Excise, And Excise Taxes Are Privilege Taxes

    The Federalist Papers, No. 15:

    Except as to the rule of appointment, the United States have an indefinite discretion to make requisitions for men and money; but they have no authority to raise either by regulations extending to the individual citizens of America.

  4. #213
    Quote Originally Posted by johnwk View Post
    I already was in post number 189.
    No, you weren't specific at all. You simply listed a bunch of deductions specifically geared to actors that have little to do with the average wage earner. It's clear you don't have the necessary background in elementary economics and accounting to begin to address this issue.
    Last edited by Sonny Tufts; 01-10-2018 at 07:50 AM.
    We have long had death and taxes as the two standards of inevitability. But there are those who believe that death is the preferable of the two. "At least," as one man said, "there's one advantage about death; it doesn't get worse every time Congress meets."
    Erwin N. Griswold

    Taxes: Of life's two certainties, the only one for which you can get an automatic extension.
    Anonymous

  5. #214
    Quote Originally Posted by Sonny Tufts View Post

    But let's look at your post 189:



    "Let's." LOL. I notice you Soros employees like to use that word a lot. Nice template you have.
    Quote Originally Posted by TheCount View Post
    ...I believe that when the government is capable of doing a thing, it will.
    Quote Originally Posted by Influenza View Post
    which one of yall fuckers wrote the "ron paul" racist news letters
    Quote Originally Posted by Dforkus View Post
    Zippy's posts are a great contribution.




    Disrupt, Deny, Deflate. Read the RPF trolls' playbook here (post #3): http://www.ronpaulforums.com/showthr...eptive-members

  6. #215
    Quote Originally Posted by Danke View Post


    ...
    Any one that wants to know what's really going on should learn the true history of this American land mass, instead of the revised "for public consumption" version that's basically a load of bs. The catch is that TPTB and the courts and even police go by the true history while the average folk live by the fake history. Guess who has the upper hand in that situation? Look up 'The Great American Adventure' by Judge Dale in pdf online and read the entire thing. It will shed much light on how modern income taxation came to be (as well as most everything we see today...it explains a lot), without being a wonky read.
    Last edited by devil21; 01-10-2018 at 04:58 PM.
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    Visiting the Outer Banks of NC?
    Outer Banks NC Fishing Boat Rentals

  7. #216
    Quote Originally Posted by Sonny Tufts View Post
    OK, what are the "necessary expenses and outlays"? Be very specific....
    I already was in post number 189. This is simple math for those whose singular object is to calculate one's profit or gain. But for those whose object is to use the force of government to create an advantage for one identifiable group over another identifiable group, such calculations are nothing more than an opportunity to create perverted rules under which an arbitrary advantage is created for the well connected by our Washington Sewer Rats, at the expense of those who are disadvantaged by "the rule of perverted law".


    JWK


    Quote Originally Posted by Sonny Tufts View Post
    No, you weren't specific at all. You simply listed a bunch of deductions specifically geared to actors that have little to do with the average wage earner. It's clear you don't have the necessary background in elementary economics and accounting to begin to address this issue.
    You apparently have a reading comprehension problem, or, you are obfuscating and being disingenuous. In post number 189 I posted the following:

    _________

    So, what is the cost of goods sold by a wage earner? Is it not his/her time, labor, skills, etc? Are these not capital outlays, the value of which must be deducted from gross receipts in order to arrive at an alleged profit or gain?



    Shouldn't a working person be allowed to deduct transportation costs to and from work in calculating their profit or gain? How about the costs involved with providing one's labor ___ the necessities of life or medical expenses which a wage earner incurs and makes their labor possible? Shouldn't the wage earned be allowed to deduct these costs from gross receipts in calculating his/her profit or gain? How about the eight hour of life which a working person invests in earning a wage? Is this not to be considered as their property and a capital outlay, the value of which ought to be deducted from gross receipts in order to arrive at an alleged profit or gain? According to our pinkos in Hollywood, the answer is “No”! “Let them eat cake.”


    ____


    JWK



  8. Remove this section of ads by registering.
  9. #217
    Quote Originally Posted by johnwk View Post
    In post number 189 I posted the following:

    _________

    So, what is the cost of goods sold by a wage earner? Is it not his/her time, labor, skills, etc? Are these not capital outlays, the value of which must be deducted from gross receipts in order to arrive at an alleged profit or gain?



    Shouldn't a working person be allowed to deduct transportation costs to and from work in calculating their profit or gain? How about the costs involved with providing one's labor ___ the necessities of life or medical expenses which a wage earner incurs and makes their labor possible? Shouldn't the wage earned be allowed to deduct these costs from gross receipts in calculating his/her profit or gain? How about the eight hour of life which a working person invests in earning a wage? Is this not to be considered as their property and a capital outlay, the value of which ought to be deducted from gross receipts in order to arrive at an alleged profit or gain?
    If you'd read my post #206, you'd see the answer to some of these questions. It's clear you don't know the proper accounting principles that are used to arrive at net profit -- e.g., you can't deduct all your outlays; you must capitalize some of them. You also don't get to deduct value -- you deduct cost. What did your time cost you? Nothing. The costs for the necessities of life aren't attributable solely to your earning pay-for-work, so you need some rule to allocate them between the time you are working and the time you aren't. In addition, many of these costs are capital outlays and as such can't be deducted currently but must be capitalized.

    The Reading case addresses your cost-of-goods sold argument.

    The only thing I agree with you is the bit about commuting expenses. I think they should be deductible. But the law has never allowed a deduction for such expenses unless they are incurred "away from home", meaning out of town. But even then they were deductible only to the extent that they exceeded 2% of your adjusted gross income. But under the new law none of such out-of-town commuting expenses are deductible.
    We have long had death and taxes as the two standards of inevitability. But there are those who believe that death is the preferable of the two. "At least," as one man said, "there's one advantage about death; it doesn't get worse every time Congress meets."
    Erwin N. Griswold

    Taxes: Of life's two certainties, the only one for which you can get an automatic extension.
    Anonymous

  10. #218
    Quote Originally Posted by Sonny Tufts View Post
    If you'd read my post #206, you'd see .

  11. #219
    Quote Originally Posted by Sonny Tufts View Post
    If you'd read my post #206, you'd see the answer to some of these questions. It's clear you don't know the proper accounting principles that are used to arrive at net profit -- e.g., you can't deduct all your outlays; you must capitalize some of them. You also don't get to deduct value -- you deduct cost. What did your time cost you? Nothing. The costs for the necessities of life aren't attributable solely to your earning pay-for-work, so you need some rule to allocate them between the time you are working and the time you aren't. In addition, many of these costs are capital outlays and as such can't be deducted currently but must be capitalized.

    The Reading case addresses your cost-of-goods sold argument.

    The only thing I agree with you is the bit about commuting expenses. I think they should be deductible. But the law has never allowed a deduction for such expenses unless they are incurred "away from home", meaning out of town. But even then they were deductible only to the extent that they exceeded 2% of your adjusted gross income. But under the new law none of such out-of-town commuting expenses are deductible.
    LMAO, you are a deep statist. You take everything that johnwk said out of context and then try to get the last word in. You cried on the night of November 9th, 2016 when Donald Trump won and cheered when Ron Paul dropped out in 2008 and 2012. You also cried when Cliven Bundy got his mistrial. You are so sad!!! LMAO!
    Last edited by dude58677; 01-12-2018 at 09:23 PM.

Page 8 of 8 FirstFirst ... 678


Similar Threads

  1. Replies: 127
    Last Post: 12-05-2017, 11:51 AM
  2. Replies: 21
    Last Post: 06-25-2017, 07:02 AM
  3. Donald Trumpís tax plan is socialist and big government friendly.
    By johnwk in forum 2016 Presidential Election: GOP & Dem
    Replies: 5
    Last Post: 01-25-2016, 07:37 PM
  4. Replies: 4
    Last Post: 10-06-2015, 08:03 AM
  5. What do I do with all my socialist/communist followers?
    By ibaghdadi in forum U.S. Political News
    Replies: 52
    Last Post: 02-20-2011, 08:53 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •