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Thread: AP POLL: Tax the rich to pay for health bill

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    Re: AP POLL: Tax the rich to pay for health bill

    Quote Originally Posted by Hypostrategos View Post
    Wouldn't you want your children to enjoy the fruits of your physical and/or intellectual labor?
    Not if it would undermine our form of government.

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    Re: AP POLL: Tax the rich to pay for health bill

    Quote Originally Posted by Whip Comes Down View Post
    Not if it would undermine our form of government.
    I don't know what's funnier, the trolling or the fake ass kissing of the government. I'm still waiting for the naked telecaster show btw.

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    Re: AP POLL: Tax the rich to pay for health bill

    Quote Originally Posted by Whip Comes Down View Post
    Above a certain amount, I would. It's huge accumulations of wealth that will destroy our form of government. Small fortunes are acceptable,
    Seemed like it worked alright for a while.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: AP POLL: Tax the rich to pay for health bill

    Quote Originally Posted by Whip Comes Down View Post
    I won't mind at all if the tax on the rich goes through. I already have more money than I can keep track of.
    Well then the Democrat's plan will work out really well for you! Because when reform is all up and running you'll be left with just enough money that you will be able to keep track of again!!!

    Isn't it great when government works for us?

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    Re: AP POLL: Tax the rich to pay for health bill

    Quote Originally Posted by Telecaster View Post
    Well then the Democrat's plan will work out
    There are two Democratic plans, hoss.

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    Re: AP POLL: Tax the rich to pay for health bill

    I love when people (especially ignorant poor and modest income people who've been Duped by well off 'Libertarians' and Republicans) actually speak not only against their own interest.. but the TRUTH.

    The Truth is...
    As Warren Buffett has said 5 years ago "there is class warfare and My side is winning"


    IOW, the rich pay far less that they did 8 years ago .. or 28 years ago or 48 years ago.
    MUCH LESS.
    Cap Gains and div taxes went down from 28% to 15% under Bush alone and Estate taxes all but Vanished. Top rates below.

    When the govt threatens to even revert/reverse this to anywhere near historically fair, the side, whose absolutely WAILED on the country with the help of the low/no-tax crowd starts SCREECHING liike this is going to be sweden.

    Here's a look at Rates when there was less income diffrential and a larger Middle Class. THAT is what separates america and makes it a great country:
    Not the increasing Wealth polarity we have more Every year.

    Some perspective on who'se NOT getting taxed enough

    Top US Marginal Income Tax Rates, 1913--2003

    Historical rates (married couples, filing jointly)
    Table

    Year/ Top Rate%/ Over

    1913 --- 7% 500,000
    1914 --- 7% 500,000
    1915 --- 7% 500,000
    1916 --- 15% 2,000,000
    1917 --- 67% 2,000,000
    1918 --- 77% 1,000,000
    1919 --- 73% 1,000,000
    1920 --- 73% 1,000,000
    1921 --- 73% 1,000,000
    1922 --- 58% 200,000
    1923 --- 43.5% 200,000
    1924 --- 46% 500,000
    1925 --- 25% 100,000
    1926 --- 25% 100,000
    1927 --- 25% 100,000
    1928 --- 25% 100,000
    1929 --- 24% 100,000
    1930 --- 25% 100,000
    1931 --- 25% 100,000
    1932 --- 63% 1,000,000
    1933 --- 63% 1,000,000
    1934 --- 63% 1,000,000
    1935 --- 63% 1,000,000
    1936 --- 79% 5,000,000
    1937 --- 79% 5,000,000
    1938 --- 79% 5,000,000
    1939 --- 79% 5,000,000
    1940 --- 81% 5,000,000
    1941 --- 81% 5,000,000
    1942 --- 88% 200,000
    1943 --- 88% 200,000
    1944--- 94 200,000
    1945 --- 94% 200,000
    1946 --- 86% 200,000
    1947 --- 86% 200,000
    1948 --- 82.% 400,000
    1949 --- 82% 400,000
    1950 --- 84.36% 400,000
    1951 --- 91% 400,000
    1952 --- 92% 400,000
    1953 --- 92% 400,000
    1954 --- 91% 400,000
    1955 --- 91% 400,000
    1956 --- 91% 400,000
    1957 --- 91% 400,000
    1958 --- 91% 400,000
    1959 --- 91% 400,000
    1960 --- 91% 400,000
    1961 --- 91% 400,000
    1962 --- 91% 400,000
    1963 --- 91% 400,000
    1964 --- 77% 400,000
    1965 --- 70% 200,000
    1966 --- 70% 200,000
    1967 --- 70% 200,000
    1968 --- 75.25% 200,000
    1969 --- 77% 200,000
    1970 --- 71.75% 200,000
    1971 --- 70% 60% 200,000
    1972 --- 70% 50 200,000
    1973 --- 70% 50 200,000
    1974 --- 70% 50 200,000
    1975 ----70% 50 200,000
    1976 --- 70% 50 200,000
    1977 --- 70% 50 203,200
    1978 --- 70% 50 203,200
    1979 --- 70% 50 215,400
    1980 --- 70% 50 215,400
    1981 --- 69% 50 215,400
    1982 --- 50% 85,600
    1983 --- 50% 109,400
    1984 --- 50% 162,400
    1985 --- 50 % 169,020
    1986 --- 50 % 175,250

    1987 --- 38.5% 90,000
    1988 --- 28% <8> 29,750 <8>
    1989 --- 28% <8> 30,950 <8>
    1990 --- 28% <8> 32,450 <8>
    1991 --- 31% 82,150
    1992 --- 31% 86,500
    1993 --- 39.6% 89,150
    1994 --- 39.6% 250,000
    1995 --- 39.6% 256,500
    1996 --- 39.6% 263,750
    1997 --- 39.6% 271,050
    1998 --- 39.6% 278,450
    1999 --- 39.6% 283,150
    2000 --- 39.6% 288,350
    2001 --- 39.1% 297,350
    2002 --- 38.6% 307,050
    2003 --- 35% 311,950

    Top US Marginal Income Tax Rates, 1913--2003 (TruthAndPolitics.org)
    -
    Last edited by mbig; 11-19-09 at 09:40 PM.
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    Re: AP POLL: Tax the rich to pay for health bill

    Quote Originally Posted by mbig View Post
    I love when people (especially ignorant poor and modest income people who've been Duped by well off 'Libertarians' and Republicans) actually speak not only against their own interest.. but the TRUTH.

    The Truth is...
    As Warren Buffett has said 5 years ago "there is class warfare and My side is winning"

    IOW, the rich pay far less that they did 8 years ago .. or 28 years ago or 48 years ago.
    MUCH LESS.
    When the govt threatens to even revert/reverse this to anywhere near historically fair, the side, whose absolutely WAILED on the country with the help of the low/no-tax crowd starts SCREECHING liike this is going to be sweden

    Here's a look at Rates when there was lessincvome diffrential and a larger Middle Class. THAT is what separates america and makes it a great country:
    Not the increasing Wealth polarity we have more Every year.

    Some perspective on who'se NOT getting taxed enough
    And those figures are absolutely useless unless you look at the number of people they affect and the total funds involved. If you look at the real numbers, you'll find something a bit more surprising:

    The Tax Foundation - Summary of Latest Federal Individual Income Tax Data

    The richest 1% pay more than 40% of all federal income tax despite earning only 22% of all income.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: AP POLL: Tax the rich to pay for health bill

    and Mr Right-herwith me-inNYC..

    (Hold your breath)

    IT DOESN'T MATTER WHAT 'FAIR' IS.

    I know that sounds unjust!
    (no tax is 'fair' on some basis)

    What matters is what is Viable and what's POSSIBLE.

    We need more money and we ain't getting from people/families who make 50k or less.

    Even the Rich love/agree/NEED when the govt sends out those 600/1200 rebate checks so all the little guys who really need the money can buy computers and cars (and food and medication) from the companies they own stock in.
    Otherwise we all go down.
    (I invest for a living)

    These rebates of the last few years, in fact, are PROOF, the middle/middle-low/low cannot pay a cent more and someone else IS going to have to pay.

    Figure it out. Who Do Dat leave?
    -
    Last edited by mbig; 11-19-09 at 09:39 PM.
    I'm personally sick of not being able to dunk a basketball because of racism.
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    Re: AP POLL: Tax the rich to pay for health bill

    Quote Originally Posted by mbig View Post
    and Mr Right-herwith me-inNYC..

    (Hold your breath)

    IT DOESN'T MATTER WHAT 'FAIR' IS.

    I know that sounds unjust!
    (no tax is 'fair' on some basis)

    What matters is what Viable and what's POSSIBLE.

    We need more money and we ain't getting from people/families who make 50k or less.

    Even the Rich love/agree/NEED when they send out those 600/1200 checks so all the little guys who really need the money can buy computers and cars (and food and medication) from the companies they own stock in.
    Otherwise we all go down.
    (I invest for a living)

    These rebates of the last few years, in fact, are PROOF, the middle/middle-low/low cannot pay a cent more and someone else (DUH) IS going to have to pay.

    Figure it out. Who Do Dat leave?
    -
    Can you point out where I mentioned "fairness"? My post was strictly limited to pointing out the flaws in yours and offering more useful data.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: AP POLL: Tax the rich to pay for health bill

    Quote Originally Posted by RightinNYC View Post
    The richest 1% pay more than 40% of all federal income tax despite earning only 22% of all income.
    We should be paying 70%.

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