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  #1  
Old 09-30-2010, 08:20 AM
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Originally Posted by RichC View Post
You and I will never ever be the big fish.
There is a far better chance of winning the lottery multiple times
than competing with the multinational corporations that are taking over our democracy.
Rich wants things given to him; so does my seven year old. However, I earn what I get because it's what adults do.

PS, Rich - I am a big fish (at least according to the govt), and I've used my brain and work ethic to get there. You can too, but apparently you don't believe you have the talent and/or ambition to do it. Therefore, I don't see any reason why I should supplement your lack of motivation with my tax dollars.
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  #2  
Old 10-01-2010, 04:51 AM
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Originally Posted by POS View Post
Rich wants things given to him; so does my seven year old. However, I earn what I get because it's what adults do.

PS, Rich - I am a big fish (at least according to the govt), and I've used my brain and work ethic to get there. You can too, but apparently you don't believe you have the talent and/or ambition to do it. Therefore, I don't see any reason why I should supplement your lack of motivation with my tax dollars.
I dont want your money.

But I do think you should pay your fair share of taxes, just like the poor.

But more so I think the super wealthy should pay their fair share.

Read as, roll-back of the Reagan tax cuts for the wealthy.

You are not a big fish, but keep chasing that carrot they have put out for you.

I think the numbers are up to like 3 % of the people own 85 % of the wealth in the US.

And they did not get there by working hard, or having a good work ethic.

Basically they destroyed the middle class to get there.

You are becoming a slave to the plutocracy that is taking over, and you arguing to make it worse for yourself.
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  #3  
Old 10-01-2010, 08:28 AM
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Originally Posted by RichC View Post
I dont want your money.

But I do think you should pay your fair share of taxes, just like the poor.

But more so I think the super wealthy should pay their fair share.

Read as, roll-back of the Reagan tax cuts for the wealthy.

You are not a big fish, but keep chasing that carrot they have put out for you.

I think the numbers are up to like 3 % of the people own 85 % of the wealth in the US.

And they did not get there by working hard, or having a good work ethic.

Basically they destroyed the middle class to get there.

You are becoming a slave to the plutocracy that is taking over, and you arguing to make it worse for yourself.

I think you should ask to pay the same % rate that the rich pay if you think they are so fortunate, dont be surprised iwhen your taxes go up. the top 5% of the earners in the US pay 50% of the entire US taxes collected. bush tax cuts for the wealthy is the biggest spin machine ever seen, its just so easy to want to believe. its very easy to search tax burden vs income level, although im sure there is patent distrust of all of the replican run financial magazines

and I just dont get the statement that the rich got there with no work ethic. I bet those guys work 16 hrs a day, and even when they are home they are at the office, they are constantly driven to do better. maybe some are not ethical in the way they get there, but its no more fair saying they are all crooks than saying all poor guys in the low rent districts are thieves and drug pushers. Keep in mind it only takes 160K a year to be in the top 5%. and 120K to be in the top 10%. Bush gave me back about $200 a month which I saved and spent, which was the idea. The stimulus we got this time didnt do the grass roots spending, it concentrated it in areas and big buys and has yet to even be used in most cases.
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Last edited by lutzTD; 10-01-2010 at 12:31 PM.
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  #4  
Old 10-02-2010, 05:43 AM
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Originally Posted by lutzTD View Post
I think you should ask to pay the same % rate that the rich pay if you think they are so fortunate, dont be surprised iwhen your taxes go up. the top 5% of the earners in the US pay 50% of the entire US taxes collected. bush tax cuts for the wealthy is the biggest spin machine ever seen, its just so easy to want to believe. its very easy to search tax burden vs income level, although im sure there is patent distrust of all of the replican run financial magazines

and I just dont get the statement that the rich got there with no work ethic. I bet those guys work 16 hrs a day, and even when they are home they are at the office, they are constantly driven to do better. maybe some are not ethical in the way they get there, but its no more fair saying they are all crooks than saying all poor guys in the low rent districts are thieves and drug pushers. Keep in mind it only takes 160K a year to be in the top 5%. and 120K to be in the top 10%. Bush gave me back about $200 a month which I saved and spent, which was the idea. The stimulus we got this time didnt do the grass roots spending, it concentrated it in areas and big buys and has yet to even be used in most cases.
Warren buffet pays less in taxes then the secretary that works for him.

The top 3% earn somewhere around 10 to 15 million a year.
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Old 10-02-2010, 11:03 AM
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Warren buffet pays less in taxes then the secretary that works for him.

The top 3% earn somewhere around 10 to 15 million a year.

according to these guys the top 1% makes 410K and that 1% pays 40% of the taxes that are paid. this is not what they should pay, it is what they do pay.

http://www.ntu.org/tax-basics/who-pays-income-taxes.html

you are villifying a lot of normal people and give the example of one guy who is the 3rd richest in the world
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Last edited by lutzTD; 10-02-2010 at 11:14 AM.
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Old 10-02-2010, 11:54 AM
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Originally Posted by lutzTD View Post
according to these guys the top 1% makes 410K and that 1% pays 40% of the taxes that are paid. this is not what they should pay, it is what they do pay.

http://www.ntu.org/tax-basics/who-pays-income-taxes.html

you are vilifying a lot of normal people and give the example of one guy who is the 3rd richest in the world
I am pretty sure you are not reading that right and that site is purposely misleading in order to get their way.

If I am reading what you wrote correctly you are stating that the top 1% of folks (those earning over $410k) are paying 40% of their earnings in tax. On that same chart those earning $32k are paying 97% in tax. That is simply not true.

I have no idea what the chart is saying but to assume that people making between $30-$66k are paying over 80% in tax is ludicrous. I am in that category and I know for a fact that it is not true.

I suspect that what is closer to reality is that those who make more money are going to be paying more. Ten percent of $1 million is more than 10% of $1k so a majority of the over all money will come from those who have more of it but it does not mean they are paying that much more of a percentage of their income. As in Buffets case, e is paying less due to all the loop holes.
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  #7  
Old 10-02-2010, 08:15 PM
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Originally Posted by davidmash View Post
I am pretty sure you are not reading that right and that site is purposely misleading in order to get their way.

If I am reading what you wrote correctly you are stating that the top 1% of folks (those earning over $410k) are paying 40% of their earnings in tax. On that same chart those earning $32k are paying 97% in tax. That is simply not true.

I have no idea what the chart is saying but to assume that people making between $30-$66k are paying over 80% in tax is ludicrous. I am in that category and I know for a fact that it is not true.

I suspect that what is closer to reality is that those who make more money are going to be paying more. Ten percent of $1 million is more than 10% of $1k so a majority of the over all money will come from those who have more of it but it does not mean they are paying that much more of a percentage of their income. As in Buffets case, e is paying less due to all the loop holes.

what it shows is the percent of tax revenues the govt collects. So for every $100 that is collected by uncle sam, the 1% highest income people are sending $40, the less than 50% income people making less than 32K contribute less than $3 per hundred that the govt collects. they would be crazy not to want swedens socialism, thats 50% of the population who barely contributes to our govt at all, yet would be more than happy to get more services.
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  #8  
Old 10-04-2010, 10:12 AM
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Originally Posted by lutzTD View Post
according to these guys the top 1% makes 410K and that 1% pays 40% of the taxes that are paid. this is not what they should pay, it is what they do pay.

http://www.ntu.org/tax-basics/who-pays-income-taxes.html

you are villifying a lot of normal people and give the example of one guy who is the 3rd richest in the world
That site is BS !

Try using percentage of income paid as taxes.
Not dollar amounts.

The site is purposely misleading.
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  #9  
Old 10-04-2010, 12:31 PM
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That site is BS !

Try using percentage of income paid as taxes.
Not dollar amounts.

The site is purposely misleading.

so we should just ignore the fact that out of 141 million taxpayers 1,400 are paying 40% of all taxes and 14 million are paying 70% of all taxes?

http://www.taxfoundation.org/news/show/250.html

these are published numbers from the IRS, why is it BS? its a data point the same as % of income. and its a real good reason why socialism sounds good to so many people, but screw the 14m guys paying the taxes and see where that leaves us.
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