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

  1. #291
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by Conservative View Post
    It has been reported that 53% of the people in this country actually pay Federal Income Taxes. Is it not surprising that the other 47% have no problem raising taxes on the income generaters in this country?
    If only 53% pat incoome taxes how does the media keep saying that Obama wants to give tax cuts to 95% of the population? Cab't be that they are spewing the administration's hype.

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

    Quote Originally Posted by washunut View Post
    It would be interesting if we adding in state and local taxes which have grown progressive over the last few years. My guess is that owuld take the total to over 50%. Oh, and let's not forget property taxes.
    while 53% pay income tax, one does not become a NET Federal Income Tax Payer until you are at a taxable income level of about 117,000 dollars from what I have read.

    there is nothing more dishonest than those posters who claim the top 1-2% don't pay their fair share unless they mean (and they do not) that the top 1-2% pay far more than their "fair share"



  3. #293
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by washunut View Post
    If only 53% pat incoome taxes how does the media keep saying that Obama wants to give tax cuts to 95% of the population? Cab't be that they are spewing the administration's hype.
    Exactly right, thus my statement

    Obama's handlers understand what people want to hear and Obama is able to express that with a straight face. People WANT to believe and he gives them their wants in words. They are incapable of distinguishing the difference between what he says he will do and what his entire history tells them exactly what he will do.
    Then the is the statement that the 47% do pay payroll taxes. Wonder if any Obama supporter actually knows what payroll taxes are? What payroll taxes would an Obama supporter propose cutting?

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

    Quote Originally Posted by TurtleDude View Post
    while 53% pay income tax, one does not become a NET Federal Income Tax Payer until you are at a taxable income level of about 117,000 dollars from what I have read.

    there is nothing more dishonest than those posters who claim the top 1-2% don't pay their fair share unless they mean (and they do not) that the top 1-2% pay far more than their "fair share"
    Tell us what you believe the "fair share" is that the rich should pay? Think it is fair for 47% not to pay any income taxes?

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

    Quote Originally Posted by Conservative View Post
    Tell us what you believe the "fair share" is that the rich should pay? Think it is fair for 47% not to pay any income taxes?
    we are on the same side dude

    I oppose an progressive income tax but could live with a flat tax even though the high payers stll pay far more than they use

    if a group makes 10% of the income they should pay ten percent of the income tax

    since the top 1% make 22% of the income their share of the federal income tax burden should be 22%

    of course, true fairness is paying for what you use and in that case the rich would pay far less because most of the government spending that can be actually traced, is not used by the rich

    BBL-off to a sporting event



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

    Quote Originally Posted by TurtleDude View Post
    we are on the same side dude

    I oppose an progressive income tax but could live with a flat tax even though the high payers stll pay far more than they use

    if a group makes 10% of the income they should pay ten percent of the income tax

    since the top 1% make 22% of the income their share of the federal income tax burden should be 22%

    of course, true fairness is paying for what you use and in that case the rich would pay far less because most of the government spending that can be actually traced, is not used by the rich

    BBL-off to a sporting event
    I know we are and my apology. I responded too quickly. Old age setting in

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

    Quote Originally Posted by Conservative View Post
    Then the is the statement that the 47% do pay payroll taxes. Wonder if any Obama supporter actually knows what payroll taxes are? What payroll taxes would an Obama supporter propose cutting?
    I wonder if you realize that everyone who earns up to $106K pays payroll taxes and there is no reason to cut them. And it doesn't matter whether somebody is an Obama supporter or was a McCain supporter knows that payroll taxes are contributions to one SS or not. They need to know there is a means tested program - the earned income tax credit - that will offer relief for the payroll taxes they pay.

    I will also point out again that the 400 richest American's tax payers have gotten richer under Bush and their effective tax rate has plummeted to 16-17%


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

    Quote Originally Posted by washunut View Post
    If only 53% pat incoome taxes how does the media keep saying that Obama wants to give tax cuts to 95% of the population? Cab't be that they are spewing the administration's hype.
    Did he actually say 95% of the population? or 95% of taxpayers?
    Oracle of Utah
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by pbrauer View Post

    I will also point out again that the 400 richest American's tax payers have gotten richer under Bush and their effective tax rate has plummeted to 16-17%
    perhaps..
    in 2000, the british pound = around 1.6x usd
    in 2008, the british pound = peaked at 2.0x usd

    so while their accumulation of us capitol went up, the crashing economy took the shine off of any gains to the tune of 20%.. "cutting from the bottom of the sheet.." to coin a phrase..
    Last edited by WhyteRash; 08-21-10 at 02:45 PM.

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

    Quote Originally Posted by TurtleDude View Post
    Obama has proven what we knew all along--he was incompetent with no real experience

    anyone is better than that turd because with someone else there is at least a chance of something other than complete destruction of the american economy.
    I hope that allowing too many of our jobs go overseas isn't being blamed on the DEMS....if so, I want proof.
    I will buy into the unions having too much power and demanding rediculous wages, but congress stood by and let those jobs go. If we don't have workers, we don't have consumers, which leads to less workers, less consuming. The GOP was part of that fiasco.
    Last edited by UtahBill; 08-21-10 at 02:55 PM.
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