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Thread: GOP plan to extend tax cuts for rich adds $36 billion

  1. #21
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by pbrauer View Post
    Okay, so what are the gross earnings for the super rich and how does the effect of tax shelters, which are only available to them, have on their net earnings?
    The Tax Foundation - Summary of Latest Federal Individual Income Tax Data

    The richest 1% earn 22.83% of all income and pay 40.42% of all taxes.

    Not sure what you're getting at re: tax shelters and how you believe that affects those numbers.
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    well.... you know... those evil coporations.... they're all 'corporationy', and stuff..... and they're owned by rich people so.....


    MATT DAMON!!!

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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by cpwill View Post
    well.... you know... those evil coporations.... they're all 'corporationy', and stuff..... and they're owned by rich people so.....


    MATT DAMON!!!
    Thou shall not disparage corporations, after they are people too.
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by donc View Post
    Thou shall not disparage corporations, after they are people too.
    Hey, Donc, do you have a 401K? If so where are those funds invested? Corporations aren't owned by all rich people, most are owned by average American taxpayers including the elderly who have those investments supplementing their SS.

    As others have posted here the original chart is quite a distortion in that many on that chart don't pay any taxes at all yet for some reason get what is called a tax cut. What it really is, is a transfer of money from the actual taxpayers to those who do not pay taxes.

    Corporations are a convenient whipping "boy" for the liberal elites who have theirs but ignore those corporations employ people and corporations have people living in the communities that donate to charities and boost their communities

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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by RightinNYC View Post
    The Tax Foundation - Summary of Latest Federal Individual Income Tax Data

    The richest 1% earn 22.83% of all income and pay 40.42% of all taxes.

    Not sure what you're getting at re: tax shelters and how you believe that affects those numbers.
    Smoke and Mirrors. There is no way in hades, you can determine someones income by looking at tax data, sorry you just can't. Reason: All that's available is ADJUSTED Gross income (AGI} not Gross Income. We all know that the richer someone is, the more legal ways somebody has to hide their income, don't we?

    The table tells you the truth, but you interpreted it wrong when you wrote:
    The richest 1% earn 22.83% of all income and pay 40.42% of all taxes.


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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by pbrauer View Post
    Smoke and Mirrors. There is no way in hades, you can determine someones income by looking at tax data, sorry you just can't. Reason: All that's available is ADJUSTED Gross income (AGI} not Gross Income. We all know that the richer someone is, the more legal ways somebody has to hide their income, don't we?

    The table tells you the truth, but you interpreted it wrong when you wrote:
    yet a chart was posted showing people who do not pay income taxes getting a tax cut, so talk about smoke and mirrors? What bothers most conservatives is the fact that people like you seem to care more about what someone else makes rather than trying to figure out what to do about an out of control govt. that wastes trillions of tax dollars? Apparently you believe the govt. needs the money more than the taxpayer regardless of the income level and tax rates. that just doesn't make any sense.

    We have a consumer generated economy and those rich people that you seem to hate are part of that consumer economy. They spend money just like you and probably more of it. why would you take money out of their pockets to give it to a bloated federal govt? The passion for class warfare should be concerning to all Americans and the appetite for additional govt. spending on the part of people who don't pay any Federal Income taxes should be a concern for all. that is unsustainable.

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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by Conservative View Post
    yet a chart was posted showing people who do not pay income taxes getting a tax cut, so talk about smoke and mirrors? What bothers most conservatives is the fact that people like you seem to care more about what someone else makes rather than trying to figure out what to do about an out of control govt. that wastes trillions of tax dollars? Apparently you believe the govt. needs the money more than the taxpayer regardless of the income level and tax rates. that just doesn't make any sense.

    We have a consumer generated economy and those rich people that you seem to hate are part of that consumer economy. They spend money just like you and probably more of it. why would you take money out of their pockets to give it to a bloated federal govt? The passion for class warfare should be concerning to all Americans and the appetite for additional govt. spending on the part of people who don't pay any Federal Income taxes should be a concern for all. that is unsustainable.
    Where in the hades do you see that I hate rich people or a consumer driven economy? More ad homonyms from you, conservative. You have a pile of them.


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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by JohnWOlin View Post
    elaborate texan

    Penis Envy is a valid, if crude way to say this. Dems have a small penis, and are jealous of those with bigger penis, so they want a "Big Penis Tax". Or at least they push that out to their voters to get support.
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by pbrauer View Post
    Where in the hades do you see that I hate rich people or a consumer driven economy? More ad homonyms from you, conservative. You have a pile of them.
    Sorry if that is how your read the post, tell me how the govt. gives tax cuts to people who don't pay income taxes?

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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by Conservative View Post
    Sorry if that is how your read the post, tell me how the govt. gives tax cuts to people who don't pay income taxes?
    They don't pay income taxes, but they do pay payroll taxes. Do you have a problem giving these folks a break?


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