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Thread: The 53%: We are NOT Occupy Wall Street

  1. #171
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    Re: The 53%: We are NOT Occupy Wall Street

    Quote Originally Posted by Conservative View Post
    Interesting that I haven't seen the OWS crowd protesting Solyndra losses or crony capitalism in industries that these fringe groups support. Here is another one where the silence is deafening.

    Jobs Panel Member Whose Solar Firm Won Loan Guarantees Raises 'Conflict Of Interest' Concerns | Fox News
    Exactly, why aren't these OWS protesters angry about how Solyndra wrecked the economy in 2008?

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    Re: The 53%: We are NOT Occupy Wall Street

    Quote Originally Posted by Dr_Patrick View Post
    To be honest, it's hard for me to relate with people who don't listen to music based on political views. I'm not a country fan, so I couldn't get into the Dixie Chicks from the get go. However, I can't think of a single musician that I like where I would stop liking simply because they had differing political beliefs. Hell, I listen to Charles Manson music every now and then and it has nothing to do with him, but with his talents as a musician.
    The Dixie Chicks didn't merely disagree with the Iraq war. It was the way they disagreed with it. that's what people didn't like. Their rhetoric was over the top.
    If you expect people to be rational, you aren't being rational.

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    Re: The 53%: We are NOT Occupy Wall Street

    Quote Originally Posted by iliveonramen View Post
    Profit doesn't necessarily mean jobs added. In a down economy companies have been increasing profit by decreasing expenses...jobs.
    Agree so what is your answer to the original question? "Ummm...why....why exactly do corporatins or Wall Street care about jobs?"

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    Re: The 53%: We are NOT Occupy Wall Street

    Quote Originally Posted by jamesrage View Post
    I think it was idiotic for the wall street protesters to call themselves the 99% considering the fact there is a good sizable percentage that make over a 100,000 a year that the OWS would want to make pay more taxes.

    The 53%: Occupy Wall Street backlash - Oct. 26, 2011

    NEW YORK (CNNMoney) -- Occupy Wall Street protesters might say they represent 99% of the nation, but there's a growing number of Americans who are making it clear they are not part of the dissident crowd.
    They call themselves the 53%...as in the 53% of Americans who pay federal income taxes. And they are making their voices heard on Tumblr blogs, Twitter and Facebook pages devoted to stories of personal responsibility and work ethic.
    The number originates in the estimate that roughly 47% of Americans don't pay federal income tax, according to the nonpartisan Tax Policy Center. The 53 percenters stress the fact that they are paying the taxes that support the government assistance the protesters say they want.
    Umm, the reason most of the 47% aren't paying Federal Income tax is because of the Bush tax cuts. Millions of taxpayers were taken off the roles, yet even if you don't have enough deductions to bring down your taxable income you'll still pay FIT of at least 10% according to the income tax tables.

    Because millions of people are taken off the rolls at the bottom, it's makes it appear as the the top are paying more when a group is expressed as a percentage of the total. But when you look at it on an individual basis they are paying less.


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    Re: The 53%: We are NOT Occupy Wall Street

    Quote Originally Posted by pbrauer View Post
    Umm, the reason most of the 47% aren't paying Federal Income tax is because of the Bush tax cuts. Millions of taxpayers were taken off the roles, yet even if you don't have enough deductions to bring down your taxable income you'll still pay FIT of at least 10% according to the income tax tables.

    Because millions of people are taken off the rolls at the bottom, it's makes it appear as the the top are paying more when a group is expressed as a percentage of the total. But when you look at it on an individual basis they are paying less.
    That is bull and you know it, the IRS reports actual dollars collected and the top 1% are payinng over 38% of all tax revenue collected. What is their fair share since 38% of the IRS collected taxes isn't enough? What exactly are the solutions that the OWS are proposing? I heard forgiving their student loans, $20/hour minimum wage, locking up Wall Street executives who haven't broken any laws that I am aware of?

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    Re: The 53%: We are NOT Occupy Wall Street

    Quote Originally Posted by pbrauer View Post
    Umm, the reason most of the 47% aren't paying Federal Income tax is because of the Bush tax cuts. Millions of taxpayers were taken off the roles, yet even if you don't have enough deductions to bring down your taxable income you'll still pay FIT of at least 10% according to the income tax tables.

    Because millions of people are taken off the rolls at the bottom, it's makes it appear as the the top are paying more when a group is expressed as a percentage of the total. But when you look at it on an individual basis they are paying less.
    What kind of convoluted horsecrap is that ? I would agree that the BTC's did push more folks into that bottom 47% of non-payers. But the fact remains that the top 1% earn about 19% of all taxable income, but then pays 38% of all FIT. You can spray paint that with the thickest coat of liberal gobbledy-gook, and it still is overwhelmingly progressive. And more than "fair" too.

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    Re: The 53%: We are NOT Occupy Wall Street

    Multiple failures. The BTC's are tax rebates meaning that the taxes are still collected and then evaluated and those who qualify get a 1-1600$ refund. They are not tax cuts in that a certain people no longer pay taxes. Further more there are a few other systematic ways a corporation side steps taxes. You raise Walmarts taxes by 5%, Walmart then adds 5% to the price of its goods and thus ends up paying nada. The other thing is that take a single mother making 7.50 per hour. She still buys gas, alcohol, and makeup to name a few. Each of these and many others have inherent federal taxes added to their cost. Every person in the united states pays some federal taxes. Even the homeless. Think about it, the military is payed from tax dollars, which is in turn taxed again, and if they buy gas or smokes, it is taxed yet again. The federal governments greed is grotesque. It has been for quite a while. Bush, Obama, Clinton, these names do not seem to change things just focus our attention on different ideas and problems. This is why the OWS people seem to be so angry. They have a point. Does anyone disagree that we end up paying 30-65% in taxes each year? Look at the GDP, then subtract federal budget. Iknow what your thinking, that we borrow incredible amounts from other countries and thus the equation is flawed. True however this does not help you. We have to pay this back with interest that is almost always higher than the %growth of the country meaning we end up oweing more than we can ever pay.

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    Re: The 53%: We are NOT Occupy Wall Street

    Quote Originally Posted by MrMaron View Post
    Does anyone disagree that we end up paying 30-65% in taxes each year? Look at the GDP, then subtract federal budget. Iknow what your thinking, that we borrow incredible amounts from other countries and thus the equation is flawed. True however this does not help you. We have to pay this back with interest that is almost always higher than the %growth of the country meaning we end up oweing more than we can ever pay.
    I keep reading people try to tie in OWS to their own perceived issues, I just don't get it. You have a point, we spend way too much as a nation, just like much of the world, and our culture perpetuates it. And yeah, it does matter as you point out, because we eventually have to pay that debt back, and "growing our way out" only accounts for a portion of that payback *at best*. But I doubt this has anything to do with OWS.

    If I had to guess, if we had austerity handed out like in Greece, OWS would be protesting that austerity and suggesting...no, demanding that the 1% pay for it...They'd blame everyone but themselves as usually, just like Greece. Our culture is in denial.

    People are angry, at themselves, but they don't want to admit that. Far easier to burn a woman for witchcraft rather than admit it's our own lust that's the problem.

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    Re: The 53%: We are NOT Occupy Wall Street

    Quote Originally Posted by Mach View Post
    For who? I paid off $6K in debt after 3 years. My wife paid her $30K in 4 years. Like the responsible mother****ers we are.

    Protesting to get out of paying what you promised to pay back, is nauseating. Nausea is a physical response, I can only relate to you the feeling of the impending desire to throw up on people who claim such nonsense. I think the reasoning behind opposing kids that want their debt to be wiped clean, is a lot more compelling however.
    Here maybe this will try to put things in a perspective...
    Men of a Certain Wage - Money Talks - The Daily Show with Jon Stewart - 11/01/11 - Video Clip | Comedy Central


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    Re: The 53%: We are NOT Occupy Wall Street

    Quote Originally Posted by Mickey Shane View Post
    Those three young men holding up the cards with their stories are living proof that you can't get ahead in America. All three are sad stories. The men are just too naive to read their own signs and understand what they mean.

    They're tough, but they seem to be nice guys, and we all know where the nice guys finish in this country.
    That's exactly it. They are acting as if their hardships are something for this country to be proud of.

    Bull****. Why don't you want a nation where you don't have to work three jobs to survive; where you get an education paid for if you serve your country; and where lazy asses who shuffle money around aren't taxed at a rate half of that of those who actually do real work?

    These may be good guys with good work ethic; but they've let machismo take the place of common sense.

    This used to be a nation where a 40-hour-a-week job was enough to buy a home, feed a family, and still save for retirement and college for the kids. And that was on ONE salary.

    And people run around and act proud of the fact that those things are no longer true and no longer apply to our nation. Hooray! We have to work like dogs just to get by paycheck to paycheck and hope to God we don't come down with a life-threatening illness!!! All so capital gains can be taxed at half the rate of labor!!! Yay for us!!!

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