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Read the rules in the OP before posting, please.

In order to ensure that this thread continues to meet TL standards and follows the proper guidelines, we will be enforcing the rules in the OP more strictly. Be sure to give them a re-read to refresh your memory! The vast majority of you are contributing in a healthy way, keep it up!

NOTE: When providing a source, explain why you feel it is relevant and what purpose it adds to the discussion if it's not obvious.
Also take note that unsubstantiated tweets/posts meant only to rekindle old arguments can result in a mod action.
GreenHorizons
Profile Blog Joined April 2011
United States23199 Posts
September 26 2016 20:33 GMT
#103181
On September 27 2016 05:31 Plansix wrote:
Show nested quote +
On September 27 2016 05:31 GreenHorizons wrote:
On September 27 2016 05:28 Plansix wrote:
On September 27 2016 05:20 Rebs wrote:
Seems kind of redundant to make any requests to the commission in that case.

It is also how it works. There is no standard format, so both sides get to try to agree on the terms. I don’t subscribe to GH’s pontificating like he was in the room when the deal was cut, but both sides likely got a little of what they were looking for.

I'm not pontificating like I was in the room, I'm using basic common sense. The commission was created to cater to candidate demands. The only rational explanation for one not getting what they request is the other not agreeing.

You pick some of the weirdest things to poke at me for. This one is not even anti-Clinton, unless there's something I'm missing?

“Common sense” = pure speculation on the terms.


What are you even suggesting could be the reason other than Trump not agreeing?
"People like to look at history and think 'If that was me back then, I would have...' We're living through history, and the truth is, whatever you are doing now is probably what you would have done then" "Scratch a Liberal..."
FiWiFaKi
Profile Blog Joined February 2009
Canada9858 Posts
September 26 2016 20:36 GMT
#103182
On September 27 2016 05:31 Plansix wrote:
Show nested quote +
On September 27 2016 05:21 FiWiFaKi wrote:
Yep, it's time!

This election will have a massive implication on the senate as well. We're as close as we can be, with 53.8% Hillary - Trump 46.2% (in terms of probability to win on 538), one state separating the two that Trump is making up ground on quickly. We have Hillary with the popular vote, but with Trump having around 1-1.5% up on her in the Electoral College that she'll need to make up for.

And you know what else, I have no idea how close the polls even are to reality in this situation, as one of the candidates is so unorthodox. Should be a good time, a bit more bitter fighting, shitting on other's points, and pain - before we come together to make peace.

NYT had a good article showing there is a large amount of undecided, more than in the last two elections. Which is why the polls are so volatile, since they are tracking “likely voters” rather than registered voters. As undecided voters enter that system, they tip the balance and they don’t enter at the same rate.

We will have to see how tonight goes, but Trump has such low expectations that the press will likely praise him if he doesn’t talk about sex life during the debate.


The enemy of my enemy is my friend, right.

So even though I disagree with these people, and how they arrive at their arguments, I'll let them go at it, since for now, we're allies. And I'm counting on these people.
In life, the journey is more satisfying than the destination. || .::Entrepreneurship::. Living a few years of your life like most people won't, so that you can spend the rest of your life like most people can't || Mechanical Engineering & Economics Major
Plansix
Profile Blog Joined April 2011
United States60190 Posts
Last Edited: 2016-09-26 20:43:00
September 26 2016 20:41 GMT
#103183
On September 27 2016 05:33 GreenHorizons wrote:
Show nested quote +
On September 27 2016 05:31 Plansix wrote:
On September 27 2016 05:31 GreenHorizons wrote:
On September 27 2016 05:28 Plansix wrote:
On September 27 2016 05:20 Rebs wrote:
Seems kind of redundant to make any requests to the commission in that case.

It is also how it works. There is no standard format, so both sides get to try to agree on the terms. I don’t subscribe to GH’s pontificating like he was in the room when the deal was cut, but both sides likely got a little of what they were looking for.

I'm not pontificating like I was in the room, I'm using basic common sense. The commission was created to cater to candidate demands. The only rational explanation for one not getting what they request is the other not agreeing.

You pick some of the weirdest things to poke at me for. This one is not even anti-Clinton, unless there's something I'm missing?

“Common sense” = pure speculation on the terms.


What are you even suggesting could be the reason other than Trump not agreeing?

Evidence that she asked for it in the first place. Literally any at all. Otherwise you are speculating on what was asked for and what the commission was willing to fight over. They may have known that a stool was never going to be an option or that it would fuel further health speculation and not asked for it. Or they didn’t want one at all. Everything I did there is speculation too.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
FiWiFaKi
Profile Blog Joined February 2009
Canada9858 Posts
September 26 2016 20:44 GMT
#103184
On September 27 2016 05:29 KwarK wrote:
Show nested quote +
On September 27 2016 03:43 FiWiFaKi wrote:
On September 27 2016 03:27 zlefin wrote:
On September 27 2016 03:25 FiWiFaKi wrote:
On September 27 2016 03:19 zlefin wrote:
On September 27 2016 03:16 FiWiFaKi wrote:
On September 27 2016 03:09 Plansix wrote:
On September 27 2016 03:01 FiWiFaKi wrote:
On September 27 2016 02:45 Plansix wrote:
In what universe is he going to be impacted by the estate tax? Is he really raking in that much money off of a comic strip, but can’t afford a lawyer to assure his assets are not going to get his kids taxed into the ground?


Yep, sounds like an excellent world. If I don't want to pay estate tax, I should just hire expensive lawyers.

You're not making your point.

You are showing you don’t understand the issue at all. You need to have an estate of 5 million(10 for a couple) before you are effected under the estate tax. Adams is complaining about a tax he will never have to pay. Unless I am vastly underestimating the value of Dilbert.


Of course I understand the estate tax, I researched the shit out of it because it's tax I diagram with the most, and double taxation is so ugly.

I just assume a public figure that many of us here we recognize (and people seem to care about his viewpoints) would be worth at least several million at the end of his life, yeah.

What I want to see in the US is the effective tax rate to equal what actually people pay. If it did, we wouldn't need to have any of these bull taxes.

i'm a bit unclear on your last part:
do you mean you want the nominal and effective rates to be the same?
(i'm unsure if you typo'ed/used the wrong word, because isn't the effective tax rate by definition, what people actually pay?)


Effective tax rate is the cumulative rate you'd pay when combining up the tax brackets. While someone's marginal tax rate if they make 5 million in the US will be 39.6%, their effective tax rate will be lower, since you're adding up all the tax brackets.

I went back to the wikipedia article where I first saw it, and they call both effective rates, so a bit confusing. But the top 1% that earns 1.5mil should pay some 35% tax when looking at tax brackets, in reality they pay 20%. That's the discrepancy I'm talking about.

I see, so tha'ts how you're using it. sometimes people use effective rate to refer to what's actually really gonna be paid (factoring in valid deductions and such; since a high nominal rate may have a lot of available deductions).
how would your desire for them to be similar handle the issue of deductions?


I'm not a tax expert, I think just think it's too complex in its form, making it all about finding all the deductions you can, hiring accountants, etc... It's just loopholes in the system. I'm in favor of removing almost all deductions (I'm not sure to their extents), and lower the tax rate to compensate a little bit.

My idea of how taxes should work in the US is that roughly, 30% of all wealth created should go to the government function.

-The overwhelming number one way to collect taxes should be a progressive federal income tax rate, I think the tax brackets should be roughly 2/3rds of what they are now, and remove the 10% bracket for 0%. (assuming you make the effective tax rates match up)
-I think state taxes should remain where they are, if not be a little bit higher, I think local governance is better for social issues.
-Property taxes are an effective way to collect local revenue, they are just a good tax that's hard to cheat.
-Sales tax and excise tax is a very stupid tax, I would scrap it completely. I would prefer the sale of any US good is not taxed at all, instead, only foreign goods are taxed, or it's all done at the border and already included in the price. That's the tariff of 10-20% I'm in support of, unless it's countries with similar infrastructure, for example Canada and the EU.
-Alcohol, lottery, tobacco taxes seem reasonable, even though they are very regressive taxes that I don't like, I see their purpose.
-Corporate tax rate should be low, that's how you keep companies staying here... The only "things" that don't leave when you have higher taxes is people, if they like life here.

And the one really big change that would completely revolutionize taxes in the US is make US healthcare public, which means it'll be taxed progressively, instead of how it's in its current form in payroll taxes and not included in taxes charges. I have to cite the figure over and over, but US pays 17-18% of their GDP on healthcare, we pay 10-11% in Canada (and if you guys weren't so crazy about your patents and your markets that screw people who buy from you, closer to 7-8%)... And 95%+ of our population gets more bang for their buck than you guys from what I've read.

Right now it's just a mess, Obama care did nothing... It's just making sure everyone has insurance for really expensive shit, instead of making the said shit, cheaper. That requires a huge teardown, but the US will be better for it in the long term.

edit: https://en.wikipedia.org/wiki/Income_tax_in_the_United_States

Here you can find a lot of the information for you beginning search, what I was referencing was §2.3. There is a huge gap between these two rates at every level.

Just so you know, there already is a 0% tax bracket in the US, it just operates differently. Instead of having various brackets at different levels the US operates a "tax excluded" bracket of variable size that operates under all the existing brackets. If this is, say, $9,600 for you then although your first dollar earned is taxed at 10% in reality it'll be your 9601st dollar that gets taxed at 10% with all the bracket thresholds moved up by $9,600 to make room for a 0% effective bracket from $1 to $9,600.

This is of variable size because it is calculated based upon taxpayer variables. Don't quote me on this because I'm doing it off the top of my head but each member of the household is worth $4,000 (2015, might be $4,050 this year) with the same for dependents who had >50% of their costs paid by the household and lived there, I wanna say.... 9 months of the year? So for a married family with two kids we're looking at the 10% bracket actually starting at $16,001. Then we have deductibles. Those work in a similar way but vary in size. You get to claim the sum of (student loan interest + mortgage interest + healthcare costs + charitable donations + some other categories) or $12,600 for a couple or $6,300 for an individual, whichever is higher. That gets our 0% bracket up to closer to $28,600 for that family with the $28,601st dollar taxed at 10%. There are phaseouts for higher income families for some of that and I've oversimplified but that's basically how it works.

What this means is that there is a pretty big 0% bracket for working families already. Once you build in tax credits for kids, EITC, Saver's Credit, AOTC and a few others it's even bigger. That's why Trump's plan to create a new 0% tax rate for working families is so laughable, especially given he also plans to slash taxes on the top 1% which pay for the essential services those working families depend upon. He's introducing a new 0% rate for people who already pay near 0%, sometimes below 0%, and they're voting for it.

The system needs more transparency certainly but introducing a 0% tax bracket won't help anyone because there already is one, of variable size depending on need.


Yeah sorry, I meant expand the bracket, but yes, what you say is right.

The process you described is exactly what I don't like. I see the desire of instead of giving people money, give them a tax credit, and that's what the US does, and has a million deduction for so many things. Like you explained, it's at a point where, who the fuck cares what the tax rate is, because people pay completely different amounts for varying different reasons. Having a discussion about the system is difficult, because me saying the income tax rate should be lowered is almost meaningless do to the aforementioned reasons.

And when it's this way, less people understand what's going on, and the more difficult it's for people to be happy with the way it is. Remove the deductions for most situations, have 4-7 concrete tax brackets (or make a income vs tax function lol), and be done with it.

There's so much money that just disappears, and the average person doesn't know where it goes. It's the same thing how the US federal budget, and the actual spending don't ever match up, because stuff like wars isn't included.
In life, the journey is more satisfying than the destination. || .::Entrepreneurship::. Living a few years of your life like most people won't, so that you can spend the rest of your life like most people can't || Mechanical Engineering & Economics Major
ticklishmusic
Profile Blog Joined August 2011
United States15977 Posts
September 26 2016 20:45 GMT
#103185


hey look a giant tax dodge
(╯°□°)╯︵ ┻━┻
GreenHorizons
Profile Blog Joined April 2011
United States23199 Posts
Last Edited: 2016-09-26 20:58:06
September 26 2016 20:49 GMT
#103186
On September 27 2016 05:41 Plansix wrote:
Show nested quote +
On September 27 2016 05:33 GreenHorizons wrote:
On September 27 2016 05:31 Plansix wrote:
On September 27 2016 05:31 GreenHorizons wrote:
On September 27 2016 05:28 Plansix wrote:
On September 27 2016 05:20 Rebs wrote:
Seems kind of redundant to make any requests to the commission in that case.

It is also how it works. There is no standard format, so both sides get to try to agree on the terms. I don’t subscribe to GH’s pontificating like he was in the room when the deal was cut, but both sides likely got a little of what they were looking for.

I'm not pontificating like I was in the room, I'm using basic common sense. The commission was created to cater to candidate demands. The only rational explanation for one not getting what they request is the other not agreeing.

You pick some of the weirdest things to poke at me for. This one is not even anti-Clinton, unless there's something I'm missing?

“Common sense” = pure speculation on the terms.


What are you even suggesting could be the reason other than Trump not agreeing?

Evidence that she asked for it in the first place. Literally any at all. Otherwise you are speculating on what was asked for and what the commission was willing to fight over. They may have known that a stool was never going to be an option or that it would fuel further health speculation and not asked for it. Or they didn’t want one at all. Everything I did there is speculation too.


Well the step-stool request seems undeniable as she does have a custom podium. I don't think her camp is suggesting she didn't make the requests (I very well might have missed it), but if you want to put the caveat of "provided the requests were made" that's fine with me.
"People like to look at history and think 'If that was me back then, I would have...' We're living through history, and the truth is, whatever you are doing now is probably what you would have done then" "Scratch a Liberal..."
Dan HH
Profile Joined July 2012
Romania9118 Posts
Last Edited: 2016-09-26 20:53:13
September 26 2016 20:49 GMT
#103187
On September 27 2016 05:31 Plansix wrote:
Show nested quote +
On September 27 2016 05:21 FiWiFaKi wrote:
Yep, it's time!

This election will have a massive implication on the senate as well. We're as close as we can be, with 53.8% Hillary - Trump 46.2% (in terms of probability to win on 538), one state separating the two that Trump is making up ground on quickly. We have Hillary with the popular vote, but with Trump having around 1-1.5% up on her in the Electoral College that she'll need to make up for.

And you know what else, I have no idea how close the polls even are to reality in this situation, as one of the candidates is so unorthodox. Should be a good time, a bit more bitter fighting, shitting on other's points, and pain - before we come together to make peace.

NYT had a good article showing there is a large amount of undecided, more than in the last two elections. Which is why the polls are so volatile, since they are tracking “likely voters” rather than registered voters. As undecided voters enter that system, they tip the balance and they don’t enter at the same rate.

We will have to see how tonight goes, but Trump has such low expectations that the press will likely praise him if he doesn’t talk about sex life during the debate.

Intention to vote is lower than it's been in the last 4 elections, turnout for this election might even beat the negative modern record of 1996. I translate a lot of 'undecided' as 'I won't vote, but the person on the phone will judge me if I say that'. Whether or not you plan to vote / have voted in the past is up there with penis size in terms of subjects that people lie to pollsters about the most. So when a 7% lower percentage of the population says I'm definitely gonna vote, that's doubly worrying.

+ Show Spoiler +
[image loading]

[image loading]


http://www.gallup.com/poll/195806/americans-less-sure-vote-president.aspx
FiWiFaKi
Profile Blog Joined February 2009
Canada9858 Posts
Last Edited: 2016-09-26 20:52:26
September 26 2016 20:49 GMT
#103188
On September 27 2016 05:45 ticklishmusic wrote:
https://twitter.com/Fahrenthold/status/780508222184689664

hey look a giant tax dodge


Why are we theorycrafting?

He's being audited by the IRS, what more do you want? Surely they will look at this, and deal with it how it should be dealt with lol.

No need to backseat attorney, when I imagine most of here don't have a comprehensive understanding of how exactly how the law applies here.

@DanHH The Hillary effect. Kind of interesting, though... When to me this one seems fairly big in terms of policy, I would think people would have some more interest, even though they might not like their candidates. The general internet has never been as excited for a POTUS as Trump, but obviously that's an awful representation of the demographics.
In life, the journey is more satisfying than the destination. || .::Entrepreneurship::. Living a few years of your life like most people won't, so that you can spend the rest of your life like most people can't || Mechanical Engineering & Economics Major
Plansix
Profile Blog Joined April 2011
United States60190 Posts
September 26 2016 20:53 GMT
#103189
On September 27 2016 05:49 FiWiFaKi wrote:
Show nested quote +
On September 27 2016 05:45 ticklishmusic wrote:
https://twitter.com/Fahrenthold/status/780508222184689664

hey look a giant tax dodge


Why are we theorycrafting?

He's being audited by the IRS, what more do you want? Surely they will look at this, and deal with it how it should be dealt with lol.

No need to backseat attorney, when I imagine most of here don't have a comprehensive understanding of how exactly how the law applies here.

The Trump foundation is not part of that audit and it is a clear sign that he is doing illegal things with that foundation to avoid taxes and spending other people’s money to enrich himself.

Everything is on the table in a presidential election. This stuff too. If he wants to harp on the Clinton Foundation, he better be able show that the Trump foundation isn’t worst than what he claims about the Clinton foundation. And it right now, it is looking like the Trump foundation is filthy with almost on redeeming values. Just a slush fund for Trump to use other people’s money to deal with his problems in direct violation of the law.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
jello_biafra
Profile Blog Joined September 2004
United Kingdom6635 Posts
September 26 2016 21:01 GMT
#103190
Working at 09:00 tomorrow but I'm hyped enough for this debate to stay up

This is gonna be great
The road to hell is paved with good intentions | aka Probert[PaiN] @ iccup / godlikeparagon @ twitch | my BW stream: http://www.teamliquid.net/video/streams/jello_biafra
KwarK
Profile Blog Joined July 2006
United States42573 Posts
September 26 2016 21:02 GMT
#103191
Milo's privilege grant isn't up yet. The money from the donations he raised is presumably still sitting in his checking account. Will one of the people who follows him on twitter let us know when he makes it live so we can all apply?
ModeratorThe angels have the phone box
CorsairHero
Profile Joined December 2008
Canada9491 Posts
September 26 2016 21:05 GMT
#103192
is he back on twitter now??
© Current year.
TheTenthDoc
Profile Blog Joined February 2011
United States9561 Posts
Last Edited: 2016-09-26 21:10:28
September 26 2016 21:08 GMT
#103193
On September 27 2016 05:49 FiWiFaKi wrote:
Show nested quote +
On September 27 2016 05:45 ticklishmusic wrote:
https://twitter.com/Fahrenthold/status/780508222184689664

hey look a giant tax dodge


Why are we theorycrafting?

He's being audited by the IRS, what more do you want? Surely they will look at this, and deal with it how it should be dealt with lol.

No need to backseat attorney, when I imagine most of here don't have a comprehensive understanding of how exactly how the law applies here.



This election is full of backseat attorneying, prosecuting, judging, and execution-ing from literally everybody everywhere. I mean, when he has the best lawyers in the planet and has admitted to buying political favors I don't know why we would trust the IRS to deal with Trump properly.

And honestly the Trump Foundation stuff-which, by the way, has been absolutely 100% flubbed by the Trump campaign by repeated vapid non-responses that are just absolutely shitshow-is actually one of the few things where people judging "hey, the Foundation paid Trump's legal fees and made donations to people appointed to prosecute Trump, that seems like a scam" are doing things accurately.

Of course, it won't change his supporter's minds-they don't really mind he's a shitty human being with a history of being a scam artist as long as he's the messiah who believes everything they believe and is lying about everything he says that they don't believe.
biology]major
Profile Blog Joined April 2010
United States2253 Posts
September 26 2016 21:12 GMT
#103194
Bro, I think everyone agrees that these candidates aren't really shining symbols of morality. Thankfully ethical standards are much lower for a businessman than a career politician.
Question.?
Plansix
Profile Blog Joined April 2011
United States60190 Posts
Last Edited: 2016-09-26 21:17:38
September 26 2016 21:16 GMT
#103195
Bro, too bad they are fighting over the last undecided voters and they might think using a fake charity to cover the legal bills and buy painting of yourself might not be what they want in the white house. And fake university. Clinton isn’t perfect, but do not be shocked when the moderator brings up questions about both foundations. And we already know who has the better answer on the subject.

On September 27 2016 06:05 CorsairHero wrote:
is he back on twitter now??


Nope and won't be while twitter is trying to sell itself.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
biology]major
Profile Blog Joined April 2010
United States2253 Posts
September 26 2016 21:20 GMT
#103196
Plansix bro, luckily most americans don't see clinton as "not perfect" but rather completely untrustworthy. Which means when she delivers her "better answer" a majority of americans will be skeptical. All donald trump has to do is keep composure, be presidential and he's gonna walk all over crooked
Question.?
mahrgell
Profile Blog Joined December 2009
Germany3943 Posts
September 26 2016 21:24 GMT
#103197
On September 27 2016 06:20 biology]major wrote:
Plansix bro, luckily most americans don't see clinton as "not perfect" but rather completely untrustworthy. Which means when she delivers her "better answer" a majority of americans will be skeptical. All donald trump has to do is keep composure, be presidential and he's gonna walk all over crooked

I heard those are his biggest strengths. Well, this will be an easy evening then.
Doodsmack
Profile Blog Joined August 2010
United States7224 Posts
September 26 2016 21:24 GMT
#103198
I believe Americans will be skeptical of what Trump says too. See: his long trail of verbal diarrhea thus far.
Plansix
Profile Blog Joined April 2011
United States60190 Posts
Last Edited: 2016-09-26 21:28:16
September 26 2016 21:24 GMT
#103199
I think you will be shocked to find out people feel the exact same way about Trump. Not that I am confident that Clinton can overcome those issues, but weirder things have happened.

On September 27 2016 06:24 Doodsmack wrote:
I believe Americans will be skeptical of what Trump says too. See: his long trail of verbal diarrhea thus far.


All polling suggest that they are and have zero faith in the man. We will have to see if that translates into something during tonight’s debate. The one thing that I could see going really wrong for Trump is if he gets in a tiff with the moderator over some question that he doesn’t like. The birther issue will come up in the 90 minutes and so will the Trump foundation. If Trump acts to glib or refuses to answer what voters consider to be valid questions, it could set the tone for the rest of the debates.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
Nebuchad
Profile Blog Joined December 2012
Switzerland12161 Posts
September 26 2016 21:29 GMT
#103200
I'll have some sleep. On behalf of the world, please don't make Trump your president while I'm gone.
No will to live, no wish to die
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