Post
Topic
Board Politics & Society
Re: [BET] Trump or Harris 2024, Poker Player vs suchmoon
by
suchmoon
on 05/10/2024, 16:58:43 UTC
What comes after what I put in bold is perhaps an exaggerated assumption on your part. In any self-respecting democracy you cannot be retroactively wronged. They can benefit you retroactively but not harm you.

They literally said that they will deport Haitians, who didn't do anything wrong, followed the law, and are here legally. Can they actually do it? I don't know but I wouldn't bet my life on it. And good luck trying to litigate your way back into the US after they send you back to whatever country they think you came from. Trump said he would deport up to 20 million immigrants, which far exceeds illegal immigrants plus TPS so it must include some green card holders or citizens or both, although that could be interpreted as him not having a clue as to how many illegal immigrants are actually in the country. Dumb or dangerous, makes little difference to me.

Also at some point during the first campaign or his first presidency Trump did actually claim that he could revoke some green cards. So it's not an exaggeration at all.

Nor would I like to focus the debate exclusively on the immigration issue. In another thread you criticized lowering taxes on billionaires and said you wouldn't mind across-the-board tax cuts as long as there were no what you called loopholes such as dividends and capital gains for the wealthiest. Would you like us to comment on this aspect?

Qualified dividends and long-term capital gains are taxed at lower rates than regular tax brackets. This makes no sense and benefits only those who can fudge their income to be coming from those sources, as opposed to regular payroll, i.e. large business owners. Regular wage earners, self-employed, and many small business owners don't have this option.

There is already a social security tax cap that significantly benefits higher income individuals, we don't need yet another subsidy for the rich. I can understand the SS cap because SS payouts are also capped, but income tax is income tax, there shouldn't be any top-side discounts.

There are some other loopholes, but dividends and cap gains is a big one. Get rid of that and I'm sure all brackets can be bumped down a point or two.

We also have a ridiculously regressive tax that everyone insists on calling "health insurance" even though it doesn't "insure" shit nor does it do much for health, it's just privatized tax collection industry that may or may not pay your doctor but will definitely bankrupt you if you dare to get seriously sick. But as I think I've already mentioned, we aren't gonna be able to solve this one within my lifetime.