Boeing faces strike of about 32,000 workers
09-17-2024, 06:07 AM
#61
Gets Weekends Off
Joined APC: Jan 2015
Posts: 682
not yet but inflation doesn’t have to cut our value in half too many times to hit that. It’s my understanding that the tax stamp to buy a silencer is ~$400. That hasn’t changed in decades. Anyway the point is 400 was a lot not that long ago. Now it’s a few trips to chipotle. If the threshold for taxes aren’t adjusted for inflation then eventually everyone will be paying it.
09-17-2024, 07:15 AM
#62
Gets Weekends Off
Joined APC: Feb 2022
Posts: 684
not yet but inflation doesn’t have to cut our value in half too many times to hit that. It’s my understanding that the tax stamp to buy a silencer is ~$400. That hasn’t changed in decades. Anyway the point is 400 was a lot not that long ago. Now it’s a few trips to chipotle. If the threshold for taxes aren’t adjusted for inflation then eventually everyone will be paying it.
09-17-2024, 09:09 AM
#63
Strike averted!
Joined APC: Mar 2015
Position: B737
Posts: 3,802
. It’s my understanding that the tax stamp to buy a silencer is ~$400. That hasn’t changed in decades. Anyway the point is 400 was a lot not that long ago. Now it’s a few trips to chipotle. If the threshold for taxes aren’t adjusted for inflation then eventually everyone will be paying it.
09-17-2024, 10:39 AM
#64
Gets Weekends Off
Joined APC: Dec 2019
Posts: 1,961
not yet but inflation doesn’t have to cut our value in half too many times to hit that. It’s my understanding that the tax stamp to buy a silencer is ~$400. That hasn’t changed in decades. Anyway the point is 400 was a lot not that long ago. Now it’s a few trips to chipotle. If the threshold for taxes aren’t adjusted for inflation then eventually everyone will be paying it.
09-17-2024, 10:46 AM
#65
At your mom's house
Joined APC: Jun 2008
Position: cpt 737
Posts: 2,829
Take France for example. Yrs ago they passed a tax of 75% for those making over 1 million a yr. The next yr all those people bought a place in another country to avoid the tax. Thus creating less tax for France.
But it sounds good for politicians
Gotta tax those billionaires who all they do is create industry and jobs. They're so selfish
09-17-2024, 11:04 AM
#66
Gets Weekends Off
Joined APC: Sep 2015
Position: UNA
Posts: 4,675
the US income tax started out only applying to the rich too. And had a max rate of 7%. (2% tax bracket applied to those making today’s equivalent of $600k, 7% didn’t kick in until 8 figures in todays money.) Look how that’s going.
NIIT probably didn’t affect a lot of pilots in 2013 when it first rolled out either, but now I bet most major pilots with stock sales/dividends pay it.
same with AMT for almost 50 years until TCJA.
NIIT probably didn’t affect a lot of pilots in 2013 when it first rolled out either, but now I bet most major pilots with stock sales/dividends pay it.
same with AMT for almost 50 years until TCJA.
09-17-2024, 05:50 PM
#67
Strike averted!
Joined APC: Mar 2015
Position: B737
Posts: 3,802
Good way to illustrate inflation: take a 1oz gold coin. While not completely accurate the old saying is one could purchase a complete tailored three-piece suit in 1800, and that same coin would buy the same today.
09-18-2024, 09:35 AM
#68
Gets Weekend Reserve
Joined APC: Jul 2007
Posts: 3,785
That's so cute. You seriously believe the tax on unrealized gains would indefinitely be limited to people worth 100 million or more? After all, it's not like we don't have any examples of how taxation evolved in this country...
Or do you think you might possibly be taken for a "useful idiot" who falls for cute sound bites such as "rich paying their fair share"? Naaaaaaaaaw... that could never be it. These people are our top intellect cream of the crop and they only want what's best for all of us.... 🤣
Or do you think you might possibly be taken for a "useful idiot" who falls for cute sound bites such as "rich paying their fair share"? Naaaaaaaaaw... that could never be it. These people are our top intellect cream of the crop and they only want what's best for all of us.... 🤣
09-18-2024, 10:41 AM
#69
Gets Weekends Off
Joined APC: Aug 2015
Position: Guppy Gear Slinger
Posts: 2,017
That's so cute. You seriously believe the tax on unrealized gains would indefinitely be limited to people worth 100 million or more? After all, it's not like we don't have any examples of how taxation evolved in this country...
Or do you think you might possibly be taken for a "useful idiot" who falls for cute sound bites such as "rich paying their fair share"? Naaaaaaaaaw... that could never be it. These people are our top intellect cream of the crop and they only want what's best for all of us.... 🤣
Or do you think you might possibly be taken for a "useful idiot" who falls for cute sound bites such as "rich paying their fair share"? Naaaaaaaaaw... that could never be it. These people are our top intellect cream of the crop and they only want what's best for all of us.... 🤣
Simple point here is that tax rates in the US are now less than they were during an era that is often looked back on as the "good old days" by many....
09-18-2024, 10:56 AM
#70
Gets Weekend Reserve
Joined APC: Jul 2007
Posts: 3,785
During the 1950s, hardly an era of radical progressivism in this country, the top Federal marginal tax rate was 91 percent. The effective total tax rate on the top few percent of people was around 42 percent. Today, the equivalent figure is around 36 percent.
Simple point here is that tax rates in the US are now less than they were during an era that is often looked back on as the "good old days" by many....
Simple point here is that tax rates in the US are now less than they were during an era that is often looked back on as the "good old days" by many....
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