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Thread: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

  1. #21
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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by haymarket View Post
    Does the name of George Bush II mean anything to you?
    Yes, it reminds me of a disturbing time in our recent history. What does it mean to you? Just jawing are we?

    While you decide to attack the 47% at every possible convenient opportunity, it would be fair and just for you to extend some of your ire and contempt for the REPUBLICANS who created that mechanism.
    Incorrect, it was a specific response to the OP which is attacking 0.6% of millionaries, and 0.002% of taxpayers. Why would it do that? Because it was trying to take irrelevant and sloppy statistics, and make a liberal piece of propoganda.


    A. I's absurd (a joke) liberal propoganda. Anyone can see how dumb it is based on the above.
    B. It doesn't say why they pay no taxes, i.e. it's most likely they paid in too much or had losses, or routine deductions that everyone has. Not only is it irrelevant, it's sloppy because it doesn't explain what the irreleant tiny percentage actually did!
    C. That while it's true 0.002% of millionaires didn't pay fed. income taxes, isn't it a lot more reasonable to be looking at the other 46% if the problem is taxes being a free-ride for some.

    Bush was a blight on the U.S. IMO. Two terms squandered with war and enciting liberals and moderate to a frothing fury. Bravado, arrogance, and incompetence ruled the day. That's why the tea party is a welcome influence in the Republican party, the #1 thing Bush did wrong was the wars and the spending coupled with them. And the Tea Party holds the opposite position on both the war and spending. Clearly you must believe then that the tea party is a positive influence for the Republican party?

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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by 1Perry View Post
    No, that is why I asked in my very first post. I'm not the one making accusations.
    But you certainly aren't going out of your way to denounce the action of said millionaire wage earners. Yet, I'm willing to bet that if this were another article on poor people not paying any federal income taxes you'd be all over it, and it's very unlikely you'd have asked the question of why they didn't pay them as you're now doing for these millionaires.

    It's very obvious why they didn't pay their federal taxes: Because they hid their money in tax shelters (Re: tax loopholes).

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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by Objective Voice View Post
    But you certainly aren't going out of your way to denounce the action of said millionaire wage earners.
    That is because their actions were not evidenced to us as anything other than routine, normal, ethical, and legal. Notice the huffington post drops an irrelevant claim, and then doesn't back it up. People on DP do more evidence-backing than the article, or the OP.

    You really think it's odd that out of 250K people, that 1400 may have had sufficient deductions, loses, or paid in already last year, etc., that they might end up technically not owing (but routinely pay federal income in other years, etc.)?

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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by Ockham View Post
    Depends on how you look at it and what type of tax break we're talking about.
    Tax breaks are never loopholes. Loopholes are things used for something other than it's intended purpose. Tax breaks are used for their intended purpose.

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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by Objective Voice View Post
    But you certainly aren't going out of your way to denounce the action of said millionaire wage earners.
    Tell me why they are avoiding taxes and then I can place blame. If they are not paying because politicians have carved out exemptions for them, then the blame needs put on the politicians.

    I believe that everyone who has income should be invested in the country. I have no idea who to blame here though. I don't know anyone that pays taxes they do not owe.

    Yet, I'm willing to bet that if this were another article on poor people not paying any federal income taxes you'd be all over it, and it's very unlikely you'd have asked the question of why they didn't pay them as you're now doing for these millionaires.

    It's very obvious why they didn't pay their federal taxes: Because they hid their money in tax shelters (Re: tax loopholes).
    I fully support the government closing off shore accounts and the similiar. To further my point above, I believe all should be invested in our country. Taxes for those on the lower end would be extremely low. You've never seen me complain that the poor dont pay an equal percentage as others.

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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by PeteEU View Post
    Yes and why exactly is that.... because they are not earning enough to be able to pay freaking income tax. Seriously this discussion.. or debate from the US right always forgets to mention WHY there are so many that dont pay taxes.

    Looking at the income distribution... 70+% of Americans earn LESS than the median income... and if we use the OECD standard for poverty (60% of the median income of a country) then a whopping 55% of American's live in or are close to poverty. (Note by population I mean between 15 and 65 years of age).

    So there is a reason so many American's dont pay taxes.. because their income is below the many deductibles there are out there........

    so let me ask you this... is 30 k a year middle class?
    I always seem to have to point this out. Thanks for doing it for me this time!

    Half of the US population is lower class right now, making so little that we deem them too poor to contribute. Isn't that just plain stupid? From an economic point of view, wouldn't it be better for these people to be making enough to live comfortably, paying taxes, consuming luxuries, and putting money through the economy? A wealthy nation is built on a vast middle class, not upon the backs of the destitute. Get those 47% out of poverty, and we will ALL be richer for it.
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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by Ockham View Post
    The more I talk to the class warfare people the more I realize it's not about the money. It's not about taxes at all... it's about social justice and what's "fair" and whatever that means to the ideological folks who espouse that. I think all political groups can agree the amount NOT be paid by such a vast minority will not make a blip on any economic radar.
    We hear reports from Fox News and other Republican outlets about the 47% statistic all the time. They never mention that they don't pay taxes because they don't earn enough.

    Liberal outlets essentially do the same thing by pointing out a group of millionaires that don't pay taxes without explaining why they didn't pay taxes and it's suddenly a "cheap shot".

    Don't get me wrong, I think both stats are retarded and don't really speak to the issue, but what's good for the goose...

    On a related note. Why is it that the American people can bail out Wall Street, but when the American people need help Wall Street (read upper income brackets) aren't willing to bail us out by way of closing tax loop holes and returning tax brackets to their normal level?

    Seems like a one sided relationship to me.
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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by SlackMaster View Post
    On a related note. Why is it that the American people can bail out Wall Street, but when the American people need help Wall Street (read upper income brackets) aren't willing to bail us out by way of closing tax loop holes and returning tax brackets to their normal level?

    Seems like a one sided relationship to me.
    Two different things IMO. They may overlap but still two different things. I don't support raising taxes on the "rich". (that doesn't mean they should be paying nothing) I do support making taxes on capital gains the same as regular income and I do support a tax on trades.

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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by Paschendale View Post
    I always seem to have to point this out. Thanks for doing it for me this time!

    Half of the US population is lower class right now, making so little that we deem them too poor to contribute. Isn't that just plain stupid? From an economic point of view, wouldn't it be better for these people to be making enough to live comfortably, paying taxes, consuming luxuries, and putting money through the economy? A wealthy nation is built on a vast middle class, not upon the backs of the destitute. Get those 47% out of poverty, and we will ALL be richer for it.
    Well it depends on the answer to my question.. is 30k a year middle class?.. 40 k? 50K?.. how about 55k?
    PeteEU

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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by PeteEU View Post
    Well it depends on the answer to my question.. is 30k a year middle class?.. 40 k? 50K?.. how about 55k?
    30k a year won't cover basic expenses in a lot of places. So no, 30k is not enough to be middle class. If a trip to the emergency room is outside your disposable income, you are not middle class. If you have to run on a broken car because you can't afford to fix it, then you're not middle class. If you can't afford a few luxuries, you're not middle class. 30k a year still means living paycheck to paycheck. That is not middle class.
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