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Cpl Jeff N.
6
6
0
Another BS article from NBC. First, they don't know how much he might save or not on his yearly income taxes as far more goes into them than they have access to. They are basing this "could" solely on the estate tax going away. The estate tax should go away and so what if they benefit from it as long as everyone does. The estate tax is levied on assets that have already been taxed, in many cases, more than once.
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Maj John Bell
Maj John Bell
7 y
MSgt Steve Sweeney - But how much more is enough to satisfy you?
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Cpl Jeff N.
Cpl Jeff N.
7 y
MSgt Steve Sweeney - There are people that pay little to no federal income tax most of their life. There are others that pay hundreds of thousands to millions in their lifetime. That is the nature of taxing income. There are also plenty of loopholes and laws that allow those with means the ability to LEGALLY avoid paying even more tax. They system works that way now because the tax code allows it to happen. Who sets the tax code, the wealthy in congress.

Skin in the game. Yeah, we can talk about it. Joining the armed forces is 100% voluntary in the US these day and has been for decades. You are paid the wage you are promised and gain the benefits you are promised. Some, like the GI bill are very nice and are hard to place a value on due to the future earnings a good education might bring you. Some have access to other VA benefits for life. You and I and my dad and bothers and son all joined 100% voluntarily. We were compensated and benefited according to the program of the era.

A government worker is making income, are you suggesting they should not pay taxes because their wage comes from the federal treasury? I hope not, with the number of federal employees, that would create a huge hole in tax revenue.

If you want to know who is paying the taxes you can look a lot of places to find out. I posted 1 here for you. This shows who is paying the taxes based upon income level. Remember there are loads of people that pay no income tax and actually are negative tax payers (they receive benefits/income from the government). The wealthy and the middle class are carrying the load on taxes. I am not suggesting they should pay less or more only that we have a system where most pay something. There will always be those that have nothing to tax or so little we give them a pass at their income level. Income taxes have a negative impact on everyone that pays them from a lifestyle perspective. If you make 100k and may 10k it hurts just as bad as making 30k and paying 3k. We all adjust our lifestyles according to our income or we end up in personal bankruptcies.

https://www.ntu.org/foundation/blog/who-pays-taxes-2015
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Cpl Jeff N.
Cpl Jeff N.
7 y
MSgt Steve Sweeney - Steve, the rich are paying a very larger portion of the taxes. That has been true for a very long time. We have large swaths of people that pay zero in because they have no income or are below thresholds for "taxable" income. A cursory review of government revenues demonstrates who is paying the taxes bases upon income/taxable income etc. It is the "wealthy" that pay most of it. The top 10% of wage earners pay 70% of the taxes. I'd say that is out of whack just a bit.

There is also the opportunity for the government to spend less. We don't talk about that nearly enough.

As far as the NTUF goes, most of what they are presenting is data available from many resources including the IRS. The notion that the "wealthy" are not paying more than a representative portion of government revenues is false. I picked them only because they are non partisan and are a registered 501(c).

The GI bill is part of a total compensation program for those that volunteer to serve. Just like in the private sector, some companies pay salary plus a bonus plus stock options/grants and may have other benefits like tuition reimbursement, healthcare etc. The GI Bill is administered differently but the same concept. I would not put it in the same camp as a welfare benefit or some other entitlement program. I have no skin in the game as I have never used a dollar of any veteran benefit including the GI Bill, the VA, or even a VA mortgage. I served, I left, I never expected or asked for a dollar. I did benefit when my son (also a Marine) used his GI Bill for college. Saved me some money I saved for college but that was part of his compensation program for serving.

A VAT would actually collect revenue from everyone based upon consumption, even those with limited income. There are plenty of ways to skin the cat. I am open to discussions on them as the current tax system is convoluted, a compliance nightmare, full of loopholes for some and prone to have demagogues use it as a class warfare tool.
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Cpl Jeff N.
Cpl Jeff N.
7 y
MSgt Steve Sweeney - The notion that a VAT tax would add to the cost of goods and raise prices and other taxes do not is part of the problem. Every tax levied on industry is put back into the cost of production somewhere. The notion hat a VAT tax is different in that regard is incorrect. All taxes add back to the cost of production and raise the cost of goods.

I would prefer we expand the tax base as well. We have millions that vote every year that never pay into the system they are using. Clearly only an income tax does not and will not do that as many do not have income to speak of.

On the cuts, you will find the GOP tends to want to push things like education and other social programs back to the states to manage closer to the need and likely far less expensively. The federal government is one of the least efficient ways to get things done. It is bloated and bureaucratic.

I have not worked for the federal government since hanging up my uniform. I have worked with many entities such as Northrop, the Postal Service and others. There are lots of opportunities to improve how we do things that too many have a vested interest in maintaining.

As I mentioned, the data from the NTU is available from many sources including the IRS that tracks all of it. Are you disputing the accuracy of the data or do you just not like the source?
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Cpl Tou Lee Yang
3
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Edited 7 y ago
Sometimes I cannot fathom nor comprehend how anyone can support such a hateful lying piece of shit like Trump. It's crystal clear that his main purpose of running for POTUS is to get rid of the Estate tax so his fortune will be passed on throughout generation. And we have people actually supporting this by asserting that those who opposed it are hater. No you moron (all Trump lackey), I oppose it because I have to pay for it. Are you (all Trump lackey) too stupid to realize that? Why the hell would I want to pay for a reform that benefits only the rich? You (all Trump lackey) can't possibly be that stupid...then again, Trump is POTUS.
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Maj John Bell
Maj John Bell
7 y
First, I didn't vote for President Trump. Nor did I vote for Secretary Clinton. I found them both morally objectionable.

Second, I am not speaking of President Trump's lack of military bearing or professionalism. I am speaking about the use of crass language and unchecked emotional outburst typified, by language like...

"...a hateful lying piece of shit..." "Are you (all Trump lackey) too stupid to realize that?"

I don't expect people to agree with me, but I try to make my points with polite discourse, and expect the same from military professionals .

Third, you must be tremendously astute to cast aspersions on my leadership with so little interaction.
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Cpl Tou Lee Yang
Cpl Tou Lee Yang
7 y
Maj John Bell - Wait, so you're vehemently against Trump and Clinton, yet you wholeheartedly support Trump and speak of him as if he was your super hero. Normal people would not idolized people they detest the way you do with Trump. This entire comment is about Trump and yet you seem to defend him, I guess being a reservist, you do have some form of commitment for him. As a veteran, I don't have any commitment for him because I'm a civilian and he's supposed to work for me. But it seems like he's only working for himself and his billionaire friends.

As an officer, your support for him is understandably accurate with custom and courtesy. But your entire favorable view of him makes you a Trump support, not someone who opposed him. You act as if you voted for him in your assertion, then again, many Trump supporters deny voting for him but their comments speaks otherwise. I know it's hard to justify yourself when you vote with the KKK.
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Maj John Bell
Maj John Bell
7 y
E9e32c25
How can you possibly get everything so wrong?

1) I am not vehemently against President Trump. He does not have the persona and temperament I want in the White House. I think he is a strange cross of carnival barker, school yard bully, and not socially adept enough to understand the impact of his words. Nor would I have been vehemently against Secretary Clinton. I believe that the Clintons have a long history of enriching themselves by peddling their political power. I believe Secretary Clinton would have exercised the powers of the presidency on the razor edge of a balancing act; her wealth and personal interests on one side, the patience of the public and tolerance for her shenanigans on the other. In my view neither is a suitable candidate. [Notice ho I can say that without crass language and without insult to those who disagree. - its called "polite political discourse."]

2 When have I spoken of President Trump as if he were my superhero? Show me the quote and I will donate $100 to the DNC. You donate $10 to the RNC if you can't.

3) I am not defending President Trump, I AM challenging supposedly military "professionals" who cannot engage in political discourse without the high emotion and crass language of poorly raised gutter snipes.

4) I am not a reservist. My entire military career was spent as an active duty regular officer. The R behind my name means retired.

5) The KKK would consider me ineligible for membership as they would label me a mixed race "mud people" mongrel.
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Cpl Tou Lee Yang
Cpl Tou Lee Yang
7 y
Maj John Bell - Apologies if my assumption is incorrect. From our dialog, I assumed you were a Trump supporters. If my comments and language becomes too offensive for you, my apology as well. I'm tried of Trump supporters continuously advocate for a lying bigot as if they're living in an alternate reality.
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CW5 Edward "Tate" Jones Jr.
2
2
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With the bill still in committee and subject to change, it is impossible to accurately assess the impact of the bill. In fact, we probably won't know the whole impact for 5 years or more in reality. I give you the ACA as a prime example. All this shouting and whining and wringing of hands and name calling and villianization is a waste of time, money and hot air. Let see what the FINAL bill, after conference, that arrives for a vote looks like.
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Cpl Tou Lee Yang
Cpl Tou Lee Yang
7 y
They already know the outcome of this reform and the results are in....in benefits the rich.

http://fortune.com/2017/09/26/donald-trump-gop-tax-reform-plan/
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CW5 Edward "Tate" Jones Jr.
CW5 Edward "Tate" Jones Jr.
7 y
Simply not true.
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