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Thread: Census finds record gap between rich and poor

  1. #121
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by TurtleDude View Post
    another bit of idiocy

    Moot claimed that she paid 30% on her income and the rich only pay 15%

    that is moronic because

    1) lots of rich people are rich due to salary-most of those making over 200K a year have substantial salary income in their total income.

    2) those who earn dividend income not only pay 15% on that when it comes to them, that dividend income was already taxed as corporate profits already meaning they have paid far more than 15% on it

    try again
    http://www.ctj.org/pdf/irstop400.pdf

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by UtahBill View Post
    Pork and beans, I love it. but it gives me really bad gas.....
    between that and the propane leaks, it is no wonder so many of those trailers burn to the ground...
    One of my siblings lives in one....
    As poor as he is, he still pays a higher percentage on his income than the rich who don't produce anything, just live on investment income.
    dividend income was taxed twice so again you are not truthful



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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by TurtleDude View Post
    dividend income was taxed twice so again you are not truthful
    Everyone from the $66,100 on up pays approximately 30% on income taxes. The very wealthiest individuals in our country pay less than 20%.

  4. #124
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by UtahBill View Post
    Pork and beans, I love it. but it gives me really bad gas.....
    between that and the propane leaks, it is no wonder so many of those trailers burn to the ground...
    One of my siblings lives in one....
    As poor as he is, he still pays a higher percentage on his income than the rich who don't produce anything, just live on investment income.

    That brings to mind the comment made by Warren Buffet when he said that his secretary, who earned $60,000, was taxed at 30 per cent while he was taxed at 17.7 per cent on $46 million he earned in salary in 2007.I guess he could have paid himself a pretty good bonus if he wanted to though.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

  5. #125
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by TurtleDude View Post
    dividend income was taxed twice so again you are not truthful
    but the ulltimate recipeint of the dividends paid only once.....so who is being untruthful?
    Oracle of Utah
    Truth rings hollow in empty heads.

  6. #126
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by donc View Post
    That brings to mind the comment made by Warren Buffet when he said that his secretary, who earned $60,000, was taxed at 30 per cent while he was taxed at 17.7 per cent on $46 million he earned in salary in 2007.I guess he could have paid himself a pretty good bonus if he wanted to though.
    IF it was up to the ubercons here, his secretary would have gotten paid far less....after all, there are lots of unemployed people out there who would jump at a chance to be his secretary for only $50K...
    Oracle of Utah
    Truth rings hollow in empty heads.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by UtahBill View Post
    IF it was up to the ubercons here, his secretary would have gotten paid far less....after all, there are lots of unemployed people out there who would jump at a chance to be his secretary for only $50K...


    I think a few years of the Eisenhower tax rate of 91% would knock this debt down to a manageable number post-haste.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by donc View Post
    I think a few years of the Eisenhower tax rate of 91% would knock this debt down to a manageable number post-haste.
    Now THAT would cause some of our rich to have heart attacks, strokes, etc. and the timing for that is good, as this is probably the last year with no inheritance tax...
    Oracle of Utah
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by UtahBill View Post
    Now THAT would cause some of our rich to have heart attacks, strokes, etc. and the timing for that is good, as this is probably the last year with no inheritance tax...

    Heart attacks and strokes eh?…might be a good time to get into some med stocks them.









    Do turtles have strokes and heart attacks?
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Moot View Post
    Somebodies got to pay for that stupid war that Bush got us into. Why do people like you think the elite can take us into a war and not help pay for it? Why should I pay for that stupid war when I was adamently against it? I'm not that rich that I can afford to pay for the elites dirty little war.
    are you following OBAMA'S WAR which he ESCALATED?

    have you heard what BOB WOODWARD has to say?

    But you were probably all for it...
    with all due respect, i find your presumption crass

    Unearned income? So you're admitting the wealthy don't "earn" their income?
    someone earned it, and whomever he or she gave it to, if it is invested, has every right to try to earn a return

    Well, since the rich people didn't make the land, then they should pay for it. Why should they have land for free?
    pardon?

    You're like the little man who lives in a trailer eating his pork and beans complaining the super rich aren't rich enough.
    whoa, someone's starting to lose it

    oh, well

    party on---34 days...

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