You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #15: Sure it does [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread		 This topic is archived.
Home » Discuss » General Discussion Donate to DU
izquierdista Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-30-11 11:24 AM
Response to Original message
15. Sure it does
As long as stocks and bonds are included in the property to be taxed. I think Grandma Millie could get an exemption on her 5,000 shares of AT&T, but Warren Buffett and Bill Gates would have to pay the full rate on their billions. And John Paulson is going to pay a lot more on his investment property than on his house in the Hamptons.
Printer Friendly | Permalink |  | Top
 
  -Grover Norquist would replace income tax with property tax because it's "fair" OmahaBlueDog  Jul-30-11 11:09 AM   #0 
  - And my landlord would be pleased to pass on the expense in my rent.  no_hypocrisy   Jul-30-11 11:10 AM   #1 
  - Don't know if it is fair given it does not make sense. nt  DURHAM D   Jul-30-11 11:10 AM   #2 
  - and if you own no property? fuck norquist  spanone   Jul-30-11 11:10 AM   #3 
  - Those who own no property would pay nothing  OmahaBlueDog   Jul-30-11 11:14 AM   #11 
     - Corporate VAT tax is the only FAIR solution  FreakinDJ   Jul-30-11 11:49 AM   #19 
        - VAT is Regressive  AndyTiedye   Jul-30-11 12:07 PM   #22 
           - Plans include 0% income tax for less the $100,000  FreakinDJ   Jul-30-11 12:30 PM   #28 
  - It seems on the surface to be fair....  WCGreen   Jul-30-11 11:11 AM   #4 
  - Who the hell elected Grover Nordquist to any office?  Vanje   Jul-30-11 11:12 AM   #5 
  - If "property" includes investments, bank accounts and business equity... maybe. n/t  lumberjack_jeff   Jul-30-11 11:12 AM   #6 
  - wouldn't they all just put their property into their private corporation's name  Motown_Johnny   Jul-30-11 11:13 AM   #7 
  - That'll work great for corporations operating out of an offshore mailbox.  Gidney N Cloyd   Jul-30-11 11:13 AM   #8 
  - Whoever is the property owner of record pays the tax  OmahaBlueDog   Jul-30-11 11:16 AM   #13 
  - If combined with national rent control, I would favor a national property tax.  begin_within   Jul-30-11 11:13 AM   #9 
  - I would replace Grover Norquist with an empty piss bucket!  Major Hogwash   Jul-30-11 11:13 AM   #10 
  - I'd have chosen a different excrement, but yes.  OmahaBlueDog   Jul-30-11 11:15 AM   #12 
  - The apartment I rented in 2000  Coyote_Bandit   Jul-30-11 11:21 AM   #14 
  - Sure it does  izquierdista   Jul-30-11 11:24 AM   #15 
  - If Norquist suggested that inhaling and exhaling were good for you, I'd question it.  BiggJawn   Jul-30-11 11:28 AM   #16 
  - That is the first step to a two step process -  whosinpower   Jul-30-11 11:31 AM   #17 
  - No income tax liability =/= no tax liability.  Hosnon   Jul-30-11 12:23 PM   #25 
  - If Norquist is in favor of it, be very afraid.  louis-t   Jul-30-11 11:32 AM   #18 
  - Republican Mindset.-- Back to the good old days of Aristocracy  OHdem10   Jul-30-11 11:50 AM   #20 
  - Hardly. Opposite of what the moneyed landowners would want  Schema Thing   Jul-30-11 12:24 PM   #26 
  - People would minimize their lifestyle by appearance, then the revenue  Ilsa   Jul-30-11 11:50 AM   #21 
  - How about a tax on STOCK OWNERSHIP and sales tax on stock purchases and sales!  begin_within   Jul-30-11 12:14 PM   #23 
  - I'm absolutely in favor of a sales tax on stock purchases  OmahaBlueDog   Jul-30-11 12:26 PM   #27 
  - Stock sales are already taxed  Still Sensible   Jul-30-11 12:34 PM   #29 
  - And how does he account for the disparity in property costs across the country?  Retrograde   Jul-30-11 12:19 PM   #24 
  - First, Grover Norquist would never favor national property tax  OmahaBlueDog   Jul-30-11 12:36 PM   #30 
  - Locking  Grateful for Hope   Jul-30-11 12:45 PM   #31 
 

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC