Current Events > Scenario: The non-racists of the top 1% pay off all black american's debt...

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SomeGuyUO
06/25/18 9:32:16 PM
#1:


Your reaction?
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Zaltera
06/25/18 9:52:52 PM
#2:


They'll probably write off their charitable donations come tax time.
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Why is it that he can hit a 3rd baseman on a frozen rope from 300 feet away, but he can't hit a 12 foot tall catcher from 60 feet 6 inches away?
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averagejoel
06/25/18 10:16:03 PM
#3:


oh cool, an attempt to get people to ignore the heinous shit they've done to attain their wealth. at least some people are a little better off now

but seriously, this is a terrible hypothetical
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peanut butter and dick
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FLUFFYGERM
06/25/18 10:17:21 PM
#4:


note that averagejoel is a self-proclaimed communist who believes that any amount of profit is literal violence against workers, and that successful people should be executed.

so any hypothetical that doesn't involve hanging the successful and seizing all of their wealth is one he'd consider terrible
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Do good.
Eat communists.
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eggcorn
06/25/18 10:19:35 PM
#5:


hahaha what a topic mark!
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Warning: This post may contain triggering or distressing content.
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EndOfDiscOne
06/25/18 10:22:28 PM
#6:


I'm pretty sure averagejoel is a parody account of leftists
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I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna COMBINED!
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PanzerElite
06/25/18 10:23:18 PM
#7:


EndOfDiscOne posted...
I'm pretty sure averagejoel is a parody account of leftists

He should move to leftist paradise China.
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What the goodness?!
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FLUFFYGERM
06/25/18 10:23:43 PM
#8:


EndOfDiscOne posted...
I'm pretty sure averagejoel is a parody account of leftists


No, he's actually legitimately serious.
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Eat communists.
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DevsBro
06/27/18 1:54:05 PM
#9:


I don't thing the top 1% has enough money to pay off every American's debt.

And since you specifically said they weren't racist, this is the only way they could pay off all black Americans' debt.
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DevsBro
06/27/18 1:57:36 PM
#10:


Zaltera posted...
They'll probably write off their charitable donations come tax time.


Have you never donated anything?

You definitely don't get a 1:1 deduction on donations. IME it's more like 1:10, and probably doesn't scale favorably for larger donations either.
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EndOfDiscOne
06/27/18 2:18:50 PM
#11:


DevsBro posted...
Zaltera posted...
They'll probably write off their charitable donations come tax time.


Have you never donated anything?

You definitely don't get a 1:1 deduction on donations. IME it's more like 1:10, and probably doesn't scale favorably for larger donations either.


It's 1:1 but remember it's a deduction, not a credit. It lowers your taxable income, which your tax is calculated on. Also the itemized deductions phase out for high earners, so for them it is not 1:1.
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I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna COMBINED!
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DevsBro
06/27/18 2:25:59 PM
#12:


EndOfDiscOne posted...
DevsBro posted...
Zaltera posted...
They'll probably write off their charitable donations come tax time.


Have you never donated anything?

You definitely don't get a 1:1 deduction on donations. IME it's more like 1:10, and probably doesn't scale favorably for larger donations either.


It's 1:1 but remember it's a deduction, not a credit. It lowers your taxable income, which your tax is calculated on. Also the itemized deductions phase out for high earners, so for them it is not 1:1.

That makes sense.
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Zaltera
06/27/18 2:30:48 PM
#13:


DevsBro posted...
Have you never donated anything?

You definitely don't get a 1:1 deduction on donations. IME it's more like 1:10, and probably doesn't scale favorably for larger donations either.


Only things like food. I have never attempted to write it off.

Then again, I once read that the Clintons wrote off Bill's used underwear, so maybe I should have.
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Why is it that he can hit a 3rd baseman on a frozen rope from 300 feet away, but he can't hit a 12 foot tall catcher from 60 feet 6 inches away?
-Awesomeo_4000
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UnfairRepresent
06/27/18 2:32:21 PM
#14:


If they only pay off black people's debt then they ARE racist.

Topic title is an oxymoron
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^ Hey now that's completely unfair.
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