Page 38 of 95 FirstFirst ... 2836373839404888 ... LastLast
Results 371 to 380 of 947

Thread: Obama to call for new tax increases in State of the Union address

  1. #371
    Banned
    Join Date
    Jan 2015
    Location
    California
    Last Seen
    03-17-15 @ 10:11 AM
    Gender
    Lean
    Very Conservative
    Posts
    714

    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by solletica View Post
    For the 1000th time, please learn about facts and citations instead of quoting limbaugh.

    The top 5% wealthiest Americans only pay 37.1% of the total tax burden. . .
    Only??!! LOL! That's what Limbaugh says! The Top 5% pay close to half of all taxes!

    The bottom 50% pay NONE!!!

    You just said what Limbaugh says right after you said not to quote Limbaugh! LOLLLLLLLLL


    Quote Originally Posted by TurtleDude View Post
    why are you dishonestly confusing total tax burden which includes state taxes such as taxes on tobacco and booze and car registrations with the federal income tax which I clearly indicated.

    and if the poor pay taxes on booze or smokes with money given to them by the government are they really paying that tax or is it people like me who fund the handouts who are actually paying the taxes?
    Yes!
    Last edited by TerryOfromCA; 01-19-15 at 04:27 PM.

  2. #372
    Sage

    Join Date
    Nov 2014
    Location
    Pennsylvania, USA
    Last Seen
    02-08-17 @ 04:58 PM
    Gender
    Lean
    Other
    Posts
    6,639

    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by TurtleDude View Post
    the top FIVE PERCENT pay almost SIXTY percent of the income tax

    the TOP ONE PERCENT pay 37% of the income tax and if you throw in the Death tax (which only the top one percent pay) as a income tax surcharge, the top one percent are paying 40% or more of the FIT/Death tax

    look at the numbers-the top one percent has paid over 40% of the FIT in recent years

    National Taxpayers Union - Who Pays Income Taxes?


    Summary of Latest Federal Income Tax Data | Tax Foundation

    it's a good thing that income tax is the only thing government(s) rely on to generate revenue to provide their services.









    oh. wait.

  3. #373
    Sage

    Join Date
    Feb 2011
    Last Seen
    10-10-16 @ 10:59 AM
    Gender
    Lean
    Libertarian
    Posts
    6,073

    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by Fenton View Post
    What Corporate welfare checks ?

    Can you direct me to the specific line item budget payout to ANY Corporation ?
    US Bank Bailout Cost Summary - Outlays and Guarantees

    Indeed, Mr Romney made good on his threat: senior executives at Bain & Company did start getting big bonuses as the negotiations were ongoing in the early 1990s. In the end, says Mr Dickinson, "The FDIC agreed to accept nearly $5 million in cash to retire $15 million in Bain's debt—an immediate government bailout of $10 million."

    Mitt Romney and Bain & Company: A bail-out for Romney? | The Economist
    However, the net impact on BP's bottom line will only be $22 billion, with the company recording a $10 billion tax credit, most of which will be borne by the U.S. taxpayer, a spokesman said.

    BP oil spill to cost U.S. taxpayer almost $10 billion | Reuters
    --
    Citation-deficiency is primarily a right wing phenomena.

  4. #374
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 08:30 PM
    Lean
    Undisclosed
    Posts
    89,587

    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by TurtleDude View Post
    Uh I sure don't get 400K worth of federal service
    Nor should you.

    YOu are confusing retail shopping experience where one loads up their cart at Costco with only what they desire for themselves with the payments of ones taxes to the peoples government representing all of society.

    The two are very very different things and should not at all be compared nor confused.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  5. #375
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 07:35 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,539

    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by SlevinKelevra View Post
    it's a good thing that income tax is the only thing government(s) rely on to generate revenue to provide their services.









    oh. wait.
    the fact is-the rich provide an incredibly disproportionate amount of the entire funding of government but those who are parasites and those who pander to the parasites want the rich to pay even more



  6. #376
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 08:30 PM
    Lean
    Undisclosed
    Posts
    89,587

    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by SlevinKelevra View Post
    easy to say. apparently difficult to prove
    Actually it is impossible to prove.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  7. #377
    Guru
    Samhain's Avatar
    Join Date
    Sep 2011
    Location
    Northern Ohio
    Last Seen
    12-08-17 @ 04:46 PM
    Lean
    Libertarian
    Posts
    3,873

    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by imagep View Post
    Nope.

    But when they do, they will also pay higher taxes, assuming that they make big bucks for their invention, so all is fair.

    What amazes me is that so many conservatives will use the argument that everyone has an equal opportunity to get rich. Then they complain that it's not fair that the rich pay more in taxes. I dunno whats not fair about it when everyone has a shot of getting rich.

    No one forces the rich to pay more in taxes, they can just chose to not be rich.
    That's true, with so many ways to legally avoid paying taxes, it just cements these increases as political.

  8. #378
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 07:35 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,539

    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by haymarket View Post
    Nor should you.

    YOu are confusing retail shopping experience where one loads up their cart at Costco with only what they desire for themselves with the payments of ones taxes to the peoples government representing all of society.

    The two are very very different things and should not at all be compared nor confused.
    I am confusing nothing. I am making a philosophical argument that the current system is designed to pander to the many which is what the pimps in office want

    and those who get more than they pay want to justify making others subsidize their goodies and pretend its fair



  9. #379
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 08:30 PM
    Lean
    Undisclosed
    Posts
    89,587

    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by TurtleDude View Post
    some things are so ludicrous that there is no need for further proof
    Thanks for admitting you have no way of knowing just how much anybody is getting in government services from their tax dollars.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  10. #380
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 07:35 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,539

    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by Samhain View Post
    That's true, with so many ways to legally avoid paying taxes, it just cements these increases as political.
    yes but those of us in the top 1% and all our lawyers and accountants and trusts still pay almost 40% of the income tax despite making about 20% of the income. so even with those strategies we are still getting screwed big time



Page 38 of 95 FirstFirst ... 2836373839404888 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •