bs0
Active member
To account for the 'credit', just keep scaling it. If 'oprah' from my example makes 3 million, she now would be paying less tax than your 'joe'.
Occupy Wall Street: Not on major media but worth watching!
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To account for the 'credit', just keep scaling it. If 'oprah' from my example makes 3 million, she now would be paying less tax than your 'joe'.
bs0
Active member
No.
But I do think that of those who have reaped great benefit from our country and society it can be expected that they pay a higher taxation rate than the people who don't.
bs0
Active member
Keep scaling my *example* not the credit.
There's a reason that whenever 'flat tax' is brought up everyone says how it's skewed against the middle class and the poor.
But, whatever, you obviously think that people should pay no tax if possible. I think that society needs things like roads, bridges, and protection for the old the sick and the poor. That's your prerogative.
bs0
Active member
when they buy multi million dollar homes and private jets they will
If. And you know how to entirely beat that system? Buy their jets and houses outside the country.
*sigh*
www.fairtax.org
read first..
no one is talking about the flat tax.
imported purchases are actually subject to higher rates.
the fair tax actually would generate more revenue for "roads, bridges, and protection for the old the sick and the poor"
granted you cant import a house...
http://www.fairtax.org/PDF/MacroeconomicAnalysisofFairTax.pdf
http://www.fairtax.org/PDF/FairTax_on_American_manufacturing.pdf
read first..
no one is talking about the flat tax.
imported purchases are actually subject to higher rates.
the fair tax actually would generate more revenue for "roads, bridges, and protection for the old the sick and the poor"
granted you cant import a house...
http://www.fairtax.org/PDF/MacroeconomicAnalysisofFairTax.pdf
http://www.fairtax.org/PDF/FairTax_on_American_manufacturing.pdf
rocks, fists, guns - vs - bunch of complainersOriginally Posted by T_B_M
Seriously? A bunch of complainers having sit-ins is going to accomplish something? I think not. In Egypt and other places with uprisings, they use rocks, fists, guns, and whatever they can find. These assbags look like hipster douchebags who have no idea what a revolution is.
Lol, looks like T_B_M is saying there's no comparison.
DiscoBiscuit said:
Nope, letting the guy know Egyptian violence was largely attributed to a particular faction of loyalists. ZERO comparison to OWS.
Looks like english isn't your primary language.
Lol. If you weren't arguing you wouldn't have any posts.
nice edit..
why did you cut off the second half where you said:
"You're advocating what spirals into anarchy. You're about as likely to get what you want as you would tearing a c note into pieces and expecting it to grow back together"
the comparison i couldn't point to?
you know OWS to arab spring/egypt
it's all over.
add context of rocks and rolls at your leisure.
dude once again your just reaching for argument's sake.
we both believe the comparison is erroneous correct?
and we both believe we dont want that type of thing here no?
obviously we agree obama is no mubarak.
so what exactly are you arguing?
why did you cut off the second half where you said:
"You're advocating what spirals into anarchy. You're about as likely to get what you want as you would tearing a c note into pieces and expecting it to grow back together"
the comparison i couldn't point to?
you know OWS to arab spring/egypt
it's all over.
add context of rocks and rolls at your leisure.
dude once again your just reaching for argument's sake.
we both believe the comparison is erroneous correct?
and we both believe we dont want that type of thing here no?
obviously we agree obama is no mubarak.
so what exactly are you arguing?
i read or watched something the other day that said that the average worker works 3-4 months of the year, JUST to pay the taxes for the year.......
thats tax freedom day..
the day you break even.
http://www.mytaxfreedomday.com/
now with the progressive income tax jan 1 is tax freedom day for a lot of the "1%" because of all the shelters and loopholes.
eliminate the income tax and everyone pays their fair share..
4-28 <<--- my tax freedom day
the day you break even.
http://www.mytaxfreedomday.com/
now with the progressive income tax jan 1 is tax freedom day for a lot of the "1%" because of all the shelters and loopholes.
eliminate the income tax and everyone pays their fair share..
4-28 <<--- my tax freedom day
H
h^2 O
Here's a video of the Denver Gestapo in action
http://www.liveleak.com/view?i=497_1319991098
It's obvious who runs things in Colorado. Looks like a 1%er utopia - civil unrest? Failing government? Protesters? Don't worry, the police will protect you 1% from the torches and pitchforks/civil disobedience
http://www.liveleak.com/view?i=497_1319991098
It's obvious who runs things in Colorado. Looks like a 1%er utopia - civil unrest? Failing government? Protesters? Don't worry, the police will protect you 1% from the torches and pitchforks/civil disobedience
interesting and bullshit......
Yup, taxes and FICA. Social Security and Medicare deductions are part of income taxes known as 'payroll taxes'. The lower middle class and working poor get a temporary break on income taxes but still have to pay payroll taxes.
IMO what's interesting is our revenues are 1950s levels. Unless you're in the top 1% our (federal) tax rate probably hasn't fluctuated more than a couple of points. Compare that to the top where income has spiraled and taxes have lowered from 91% to as little as ~17%.
68% pay nothing. The last 30 years has made the progressive aspect moot for those who don't have to pay.
The top doesn't have to pay income tax rates at all. They can arrange deferred compensation through their corporations and the 35% income tax rate becomes 15% cap gain rate.
And that's just money that gets reported. As many as 20,000 US tax shelter accounts in Switzerland alone. Lobbyists are busy pushing free trade with Panama because Cayman Islands ain't big enough to hide all their tax free money.
The top doesn't have to pay income tax rates at all. They can arrange deferred compensation through their corporations and the 35% income tax rate becomes 15% cap gain rate.
And that's just money that gets reported. As many as 20,000 US tax shelter accounts in Switzerland alone. Lobbyists are busy pushing free trade with Panama because Cayman Islands ain't big enough to hide all their tax free money.
I
In~Plain~Site
Red Herrings abound...91% you say?
I wonder how many actually paid that, we should make that current rate available to Warren and the boys...seeing as how THEY want to pay more taxes.
If you believe that
I wonder how many actually paid that, we should make that current rate available to Warren and the boys...seeing as how THEY want to pay more taxes.
If you believe that
History of federal income tax
The Federal income tax rates in the United States have varied widely since 1913. For example, in 1954 the Congress imposed a Federal income tax on individuals, with the tax imposed in layers of 24 income brackets at tax rates ranging from 20% to 91% (for a chart, see Internal Revenue Code of 1954). Here is a partial history of changes in the U.S. Federal income tax rates for individuals (and the income brackets) since 1913:[28]
Nobody made that argument except you.
Believe whatever you wish
Millionaires Support Warren Buffett’s Tax on the Rich
A new survey from Spectrem Group found that 68% of millionaires (those with investments of $1 million or more) support raising taxes on those with $1 million or more in income. Fully 61% of those with net worths of $5 million or more support the tax on million-plus earners.
http://blogs.wsj.com/wealth/2011/10...ort-warren-buffetts-tax-on-the-rich/?mod=e2tw
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