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SDedu | 4 months ago

Dangus, the plan helps workers by removing the taxes from being pulled from their check because Federal taxes are like 50 percent and I’m a worker at work typing this while juggling boxes so I that’s why I came here but take this example if a person or company just made 1 billion dollars and if flipped means 9 billion which means 4.5 billion of that goes to fix the economy while rewarding workers to own houses, build families, and investing so money works for them and not getting the other end of the stick if you know what I mean!

discuss

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dangus|4 months ago

I think what you need to do if you hope to facilitate a discussion is get into the nitty gritty detail of exactly what events cause this capital flipping mechanism to happen. An individual getting a paycheck? A business making a profit (income minus expenses)? An asset appreciating and/or being liquidated? Who is paying and what events make them pay? What happens with part time work, self-employment, debt/loans, interest, rental income, depreciation, appreciation, etc.

For now, the more answers I get the hazier it is. I still don’t understand if this is payroll based.

I am skeptical at the idea this frees up the worker especially due to its “flat” nature, but I don’t really have enough information until you hash this out better.

The last thing I’ll point out is that federal taxes are NOT 50% as you describe, nowhere close.

SDedu|4 months ago

Thanks, I heading back to the lab and I’ll have a 30 second elevator speech ready! When you are dealing with people’s money then everything must be correct! Thanks for you input and I’ll start adjusting and ironing out the details!