Page 23 of 42 FirstFirst ... 13212223242533 ... LastLast
Results 221 to 230 of 419

Thread: Unemployment dips to 8.9 pct., 192K jobs added

  1. #221
    Professor

    Join Date
    Jan 2011
    Last Seen
    03-23-13 @ 02:33 AM
    Gender
    Lean
    Conservative
    Posts
    1,265

    Re: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by donc View Post
    I coulda sworn you said this in post #208 "How do the middle class subsidize tax cuts to the wealthy when 47% don't pay any Federal Income taxes?".



    Out of a population of 307,006,550,we have 254.4 million registered passenger vehicles. Hhmm…according to my handy dandy calculator that comes pretty close to 84%, then you have a whole bunch of (trucking) owner Opps on the road driving two, sometimes three thousand miles a week,paying exorbitant prices for diesel fuel. I’m guessing it wouldn’t be a stretch to say that at least 90% of the population pays tax on fuel.



    Sure they do, when they pay the lease/rent.Cost passed on by the property owner,



    Sure they do, when they buy groceries.% of freight charges is passed on, as is the fuel surcharge.




    Did it slip your mind what my premise was?

    The percent of income ”all of the taxes that the 47% that you claimed didn’t pay income tax”, was equal to the percent of taxes that the top percent pay in income taxes.

    I'm not going to get deep into this because the research would be never ending, but the point you seem to be missing, is those 1% you are talking about, buy these same things, in much larger quantities, or prices then those in the lower classes. care to compare what they pay in property taxes compared to those renting? How about the sales tax on the cars brought by the top 1% vrs the bottom ?
    If you are going to compare the tax load of those lower 47, to those in the upper 1% should it not be done equally?

  2. #222
    Sage

    Donc's Avatar
    Join Date
    Sep 2007
    Location
    out yonder
    Last Seen
    12-06-17 @ 09:26 PM
    Gender
    Lean
    Slightly Liberal
    Posts
    9,426

    Re: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by The Barbarian View Post
    I'm not going to get deep into this because the research would be never ending, but the point you seem to be missing, is those 1% you are talking about, buy these same things, in much larger quantities, or prices then those in the lower classes. care to compare what they pay in property taxes compared to those renting? How about the sales tax on the cars brought by the top 1% vrs the bottom ?
    If you are going to compare the tax load of those lower 47, to those in the upper 1% should it not be done equally?
    Go back and take a good look the post that I was replying to and then tell me what my premise was. Clue…it had nothing to do with the spending habits of the 1%.

    If you want to expand beyond that, i will be glad to.I think i could make a pretty good case.But we would be advised to make another thread for that purpose.
    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

  3. #223
    Professor

    Join Date
    Jan 2011
    Last Seen
    03-23-13 @ 02:33 AM
    Gender
    Lean
    Conservative
    Posts
    1,265

    Re: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by Objective Voice View Post
    I agreed with you until you returned to the same flawed excuse every other Conservative has been using for some time...



    ...the same lie I just finished disproving concerning the relationship between businesses and the PPAC which once against HAS NOT come into full effect where the private business sector is concerned. Here's the truth of the matter:

    As health costs soar, GOP and insurers differ on cause

    Barely a mention of ObamaCare or any other new federal policy or mandate, but even when the PPAC is referenced, its effect is placed in its proper context where rising premium costs are concerned. Bottom line here is it's just "business as usual", the markets doing what the markets do. And in this case, it's the same fluxuations in medical treatments, procedures and services that are the root causes to insurance premium increases, not the PPAC itself.

    Now, if you wish to argue that because the door has been opened to allow people with pre-existing conditions to now be covered or that young adults between the ages of 21-26 are now allowed to remain on their parent's insurance plans, I'd probably give some leeway except as I've reviewed these patient inclusions within the health care system these such individuals are NOT getting a free-ride; they have to pay insurance premiums like everyone else, i.e., child-care policies. Therefore, the argument that the PPAC is the root cause for rising health care cost is a total falsehood!

    If you had read my post, I was not talking about the cost of health care, I was talking about the fact that this law is so much up in the air with the lawsuits and such going on it with it ... but seeing you brought it up .. maybe you can explain the following


    Immediately after President Obama signed his health-care bill into law, several large companies disclosed to investors just how big the tax hit from it would be. AT&T, for instance, said that the law’s tax increases alone would cost the company $1 billion.
    To put it in perspective, AT&T; will see a $1 billion tax increase in just the first quarter. Deere, Boeing, Caterpillar, Prudential Life, 3M, Honeywell, AK Steel Holding Corp, ITW, Valero Energy, and Allegheny Technologies. All have announced ObamaCare will cost them hundreds of millions every year.
    Key committee chairman Rep. Henry Waxman, California Democrat — whose energetic investigations are loathed by many in Washington — demanded reams of documents to investigate whether the companies were making a political show out of the cost disclosures.

    And then … nothing. Waxman at the last minute canceled a hearing to grill executives about the issue.
    Publicly, Waxman said the investigation showed the companies’ disclosures were properly filed.

    So one has to assume seeing Waxman dropped his investigation, and this story was quickly swept under the rug and hushed up, that these costs are indeed going to be occurred by these and other companies.
    Last edited by The Barbarian; 03-05-11 at 10:25 PM.

  4. #224
    Professor

    Join Date
    Jan 2011
    Last Seen
    03-23-13 @ 02:33 AM
    Gender
    Lean
    Conservative
    Posts
    1,265

    Re: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by donc View Post
    Go back and take a good look the post that I was replying to and then tell me what my premise was. Clue…it had nothing to do with the spending habits of the 1%.

    If you want to expand beyond that, i will be glad to.I think i could make a pretty good case.But we would be advised to make another thread for that purpose.
    -chuckles- Oh I know, you were pointing out that they do pay some taxes, it was your comparison to of saying they pay as a percentage of income more then those that do pay income taxes I was taking exception to.

    Gets out my handy dandy calculator, I'll even give you a break, the bottom of the top 5% of income earners is 180,000 dollars. Now lets say they get off paying just 15% in income taxes, (that figure is half of what they are suppose to pay) that means you are going to have to show me proof of where a person earning say 30,000 pays 4,500 dollars in some sort of federal tax . Just to get to an even percentage rate of the upper 5 %... after you do that.... then we can get into the spending the habits of the upper 5% and those in the lower 47%

  5. #225
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Today @ 01:09 AM
    Gender
    Lean
    Independent
    Posts
    16,254

    Re: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by The Barbarian View Post
    Immediately after President Obama signed his health-care bill into law, several large companies disclosed to investors just how big the tax hit from it would be. AT&T, for instance, said that the law’s tax increases alone would cost the company $1 billion.
    To put it in perspective, AT&T; will see a $1 billion tax increase in just the first quarter.
    Do you support subsidizing retirement health care costs for AT&T?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  6. #226
    Sleeper Agent
    iamitter's Avatar
    Join Date
    Jan 2011
    Location
    NY, NY
    Last Seen
    12-02-17 @ 01:11 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    1,836

    Re: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by The Barbarian View Post
    -chuckles- Oh I know, you were pointing out that they do pay some taxes, it was your comparison to of saying they pay as a percentage of income more then those that do pay income taxes I was taking exception to.

    Gets out my handy dandy calculator, I'll even give you a break, the bottom of the top 5% of income earners is 180,000 dollars. Now lets say they get off paying just 15% in income taxes, (that figure is half of what they are suppose to pay) that means you are going to have to show me proof of where a person earning say 30,000 pays 4,500 dollars in some sort of federal tax . Just to get to an even percentage rate of the upper 5 %... after you do that.... then we can get into the spending the habits of the upper 5% and those in the lower 47%
    He wasn't arguing federal, just saying.
    Give a man a fish, or he will destroy the only existing vial of antidote.

  7. #227
    Sage

    Donc's Avatar
    Join Date
    Sep 2007
    Location
    out yonder
    Last Seen
    12-06-17 @ 09:26 PM
    Gender
    Lean
    Slightly Liberal
    Posts
    9,426

    Re: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by The Barbarian View Post
    -chuckles- Oh I know, you were pointing out that they do pay some taxes, it was your comparison to of saying they pay as a percentage of income more then those that do pay income taxes I was taking exception to.

    Gets out my handy dandy calculator, I'll even give you a break, the bottom of the top 5% of income earners is 180,000 dollars. Now lets say they get off paying just 15% in income taxes, (that figure is half of what they are suppose to pay) that means you are going to have to show me proof of where a person earning say 30,000 pays 4,500 dollars in some sort of federal tax . Just to get to an even percentage rate of the upper 5 %... after you do that.... then we can get into the spending the habits of the upper 5% and those in the lower 47%
    Family of four making $30,000 spends $800.00 per month on groceries. I’ll use the Denver area as an average for sales tax purposes. 3.62%, 4% and 7.25%, which averages out to around 5%.

    The federal excise tax on gasoline is 18.4 per gallon, state adds another $.32 for an average of $.50 per gallon. I have read somewhere that a family puts on an auto about 12000 miles per year. For Social security and Medicare this family pays around $200 per month.

    Monthly income $2500

    Average spent on clothing for a family of four $160 per month.Sales tax on that is=$8.00

    Sales tax on groceries $40.

    Fuel tax $20.

    Social Security and Medicare $191.

    Net=$2241


    taxes paid=$259

    % Of income paid in taxes is around 11.5 %
    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

  8. #228
    Professor

    Join Date
    Jan 2011
    Last Seen
    03-23-13 @ 02:33 AM
    Gender
    Lean
    Conservative
    Posts
    1,265

    Re: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by donc View Post
    Family of four making $30,000 spends $800.00 per month on groceries. I’ll use the Denver area as an average for sales tax purposes. 3.62%, 4% and 7.25%, which averages out to around 5%.

    The federal excise tax on gasoline is 18.4 per gallon, state adds another $.32 for an average of $.50 per gallon. I have read somewhere that a family puts on an auto about 12000 miles per year. For Social security and Medicare this family pays around $200 per month.

    Monthly income $2500

    Average spent on clothing for a family of four $160 per month.Sales tax on that is=$8.00

    Sales tax on groceries $40.

    Fuel tax $20.

    Social Security and Medicare $191.

    Net=$2241


    taxes paid=$259

    % Of income paid in taxes is around 11.5 %
    Thank you you just proved my point, they don't spend as much in percentage as a family of 4 making 180,000 a year, (top 5%) their tax rate is 30%, for my figures I cut their rate in half, (of which many don't do that well) So they pay 15% just in federal income taxes, before we ever get to spending. So I have nothing left to point out .

  9. #229
    Professor

    Join Date
    Jan 2011
    Last Seen
    03-23-13 @ 02:33 AM
    Gender
    Lean
    Conservative
    Posts
    1,265

    Re: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by Goldenboy219 View Post
    Do you support subsidizing retirement health care costs for AT&T?
    Not in the least, and I didn't see anywhere I ever said I did, nor do I see where it has anything to do with what was being talked about .. . except another feeble attempt by a liberal to distract.

    This was in response to another post, that obamacare has nothing to do with business not investing in the future.

    Now maybe you agree, that another billion dollar in health care costs, facing one company alone might not have anything to do with future hiring plans, I just happen to have a different idea. It would seem …..... kind of like good business sense to me to begin trimming costs, when you are facing a billion dollars more in your insurance costs because of a passed health care bill ..I guess in your liberal view, this evil company should be good little sheep and just absorb an extra billion dollars of cost.
    Last edited by The Barbarian; 03-06-11 at 01:22 AM.

  10. #230
    Sage

    Donc's Avatar
    Join Date
    Sep 2007
    Location
    out yonder
    Last Seen
    12-06-17 @ 09:26 PM
    Gender
    Lean
    Slightly Liberal
    Posts
    9,426

    Re: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by The Barbarian View Post
    Thank you you just proved my point, they don't spend as much in percentage as a family of 4 making 180,000 a year, (top 5%) their tax rate is 30%, for my figures I cut their rate in half, (of which many don't do that well) So they pay 15% just in federal income taxes, before we ever get to spending. So I have nothing left to point out .
    I’m trying my best to be polite to you barbarian but I must admit your making it rather hard with your lack of reading comprehension and all. Do you remember when I referred you to post #212? Where I said this in response to post #208.


    <Considering that they pay a higher percentage of their income on gas tax, a higher percentage of their income on property tax, pay a higher percentage of their income on sales tax, pay a higher percentage of their income on tolls (where there are tolls). a higher percentage of their income on Social Security tax and a higher percentage of their income on Medicare tax.>

    <When all is added up, it would be a pretty safe bet that they might even pay a higher percentage of their income in taxes than the top percent.>


    You say I proved your point. How did I prove your point when evidently you didn’t comprehend and guess you still don’t comprehend the point is was making wasn’t about income taxes? Here I will bold some pertinent parts for you.

    Pay particular attention to the part that is not only bolded but underlined as well.
    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

Page 23 of 42 FirstFirst ... 13212223242533 ... 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
  •