Conflating CEO's with the millions of people earning over $250k doesn't help your argument.
It doesn't help your argument to lie about mine, either. I specifically said CEO's and made no mention of those making over $250K.
What are you even talking about?
I was talking about the worth of a man's labor. What are you talking about?
You really, seriously, don't understand the difference between slavery and the free market?
Seriously, can't you follow a discussion?
Yes, every person earning over $250k just FORCED us into that war.
Oh dats right, da poor folks FORCED us into Bush's dirty little war. Yeah, dat's da ticket, blame da poor.
I'm opposed to extending unemployment, so I can just take that out of my tax bill, right? That's not how taxes work.
Well, duh. :roll: Be sure to tell that to the Birchers the next time they talk about wealth distribution, will ya?
Again, why do you keep conflating billionaires who earn their income via capital gains with all people earning over $250k?
The Tax Foundation - Summary of Latest Federal Individual Income Tax Data
The
average person earning more than $250k pays a much higher percentage of his income in federal tax than the average person earning less.
You are seriously mistaken, because I haven't said a word about people making $250K or more, so it must be you doing all the conflating. Yes, in fact I know it is. The people I'm referring to are in the top 1% and while their average earned income is around $7.4 million and is taxed at 21.4%, which is far less than what you claim people making 60K or even $250K are taxed, and the bulk of their income comes from dividends and capital gains which is taxed at 15%. So in essence, the more money they make the less tax they pay. Oh but heaven forbid you should take my word for it, instead take it from your link from the Tax Foundation....
"...The average income for a tax return in this top 0.1 percent is $7.4 million, while the average amount of income tax paid is $1.6 million, indicating an average effective individual income
tax rate of 21.5 percent. This very top income group actually has a lower average effective tax rate than the rest of the top 1 percent of returns because
these extremely high-income returns are more likely to have income from capital gains and dividends, which are typically taxed at lower rates. (Note that in the case of capital gains and dividends, in most cases the income has already been taxed once by the corporate income tax, which is not included here.) ...."
The Tax Foundation - Summary of Latest Federal Individual Income Tax Data
Now, now, don't worry your little head about that silly ol corporate income tax mentioned above, because most corporations don't hardly pay any tax at all thanks to "corporate welfare" in the form of tax subsidies, tax breaks, write offs, off shore bank accounts and what not. Oh those poor, poor, corporations, <sniff, sniff> the big bad ol government is so mean to them, boo hoo.
No, he was using a technical economic term, something that appears to be wasted on this thread.
Apparently it went over your head too, because unearned income means exactly that, unearned income.
lolllll
If you don't even know what ballpark the estate tax is in, you shouldn't try to talk about what we should do with it.
Uh huh. Well, I know enough to know that you use snarky little insults to hide behind when you don't know wtf you're talking about. And that is certainly the case here and in almost all your other posts as well. Yup.