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

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

    Quote Originally Posted by TurtleDude View Post

    no Rick, the only good that comes is that dems can tell their minions that the evil rich will get stuck

    right now the top 1% pay 40% of the income tax and make slightly less than 23% of the income. THe average tax rate on them is several percentage points higher than the next few percent

    the bottom 50% pay an average tax rate of 3% which is 8 times lower than the top 1%

    The Tax Foundation - Summary of Latest Federal Individual Income Tax Data
    According to the official budget report for 2008 in my 2010 world almanac, there are only two separate categories, individual and corporation income tax, nothing else. You're either making it all up, or have conflicting records.

    It also says the max tax rate is 35 percent, 2 percent more than than the next lower level, nothing about the max tax being even lower after all the questionable shelters, and other legal tricks kick in, loop hole experts only the rich can afford.

    ricksfolly

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

    Quote Originally Posted by ricksfolly View Post
    According to the official budget report for 2008 in my 2010 world almanac, there are only two separate categories, individual and corporation income tax, nothing else. You're either making it all up, or have conflicting records.

    It also says the max tax rate is 35 percent, 2 percent more than than the next lower level, nothing about the max tax being even lower after all the questionable shelters, and other legal tricks kick in, loop hole experts only the rich can afford.

    ricksfolly
    you obviously missed the obvious point

    the top 1% pay much more tax than their fair share and the rate at which they are taxed is higher than any other group.

    so with all those loopholes the envious and spiteful haters of the wealthy whine about, the rich still pay way too much tax while those in the whining classes pay too little

    what are these loopholes you talk about? do you labour under the delusions that the majority of the top 1%-those making in the 400K to about a million a year have the big loopholes that you think exist for guys like Gates and Buffett



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

    Quote Originally Posted by TurtleDude View Post
    the top 1% pay much more tax than their fair share and the rate at which they are taxed is higher than any other group.
    How do you determine that the top 1% are taxed more than their fair share?


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

    Quote Originally Posted by pbrauer View Post
    How do you determine that the top 1% are taxed more than their fair share?
    well geez the top 1% don't use 40% of the services paid for by income taxes or ALL the stuff paid for by the death confiscation taxes

    they make 22% of the income and pay 40% of the income tax

    now the most obvious definition of fair is paying for what you use

    on that paradigm the Rich are overtaxed

    the second would be that each person keeps the same amount of the next dollar they earn--again the top 1% face the highest average tax rate

    so those are two rather objective definitions of a subjective concept



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

    Quote Originally Posted by TurtleDude View Post
    well geez the top 1% don't use 40% of the services paid for by income taxes or ALL the stuff paid for by the death confiscation taxes

    they make 22% of the income and pay 40% of the income tax

    now the most obvious definition of fair is paying for what you use

    on that paradigm the Rich are overtaxed

    the second would be that each person keeps the same amount of the next dollar they earn--again the top 1% face the highest average tax rate

    so those are two rather objective definitions of a subjective concept
    The rich are NOT overtaxed. That's rhetoric bull****. Republicans want to tell those lies because they do not want to be taxed because they believe they are above taxation, the law, and middle class America.

    They are not... as such they can go **** themselves.

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

    Quote Originally Posted by Vader View Post
    The rich are NOT overtaxed. That's rhetoric bull****. Republicans want to tell those lies because they do not want to be taxed because they believe they are above taxation, the law, and middle class America.

    They are not... as such they can go **** themselves.
    Fair enough if you do not think they pay enough. What would you consider to be enough total taxes as a percent of their income.

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

    Quote Originally Posted by TurtleDude View Post
    well geez the top 1% don't use 40% of the services paid for by income taxes or ALL the stuff paid for by the death confiscation taxes

    they make 22% of the income and pay 40% of the income tax

    now the most obvious definition of fair is paying for what you use

    on that paradigm the Rich are overtaxed

    the second would be that each person keeps the same amount of the next dollar they earn--again the top 1% face the highest average tax rate

    so those are two rather objective definitions of a subjective concept
    All those numbers you cite are based upon AGI (Adjusted Gross Income), so they don't actually show how much these people actually earn.


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

    Quote Originally Posted by Taylor View Post
    I guess we now know who has the biggest balls.

    This says it ALLLL!!!!
    CORPORATE GREED AND UNION GREED
    DEMOCRATS AND REPUBLICANS
    DESTROYING THE BEST OF AMERICA ONE DAY AT A TIME

    This is the worst kind of discrimination. The kind against ME! ~ Bender

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

    Quote Originally Posted by Vader View Post
    The rich are NOT overtaxed. That's rhetoric bull****. Republicans want to tell those lies because they do not want to be taxed because they believe they are above taxation, the law, and middle class America.

    They are not... as such they can go **** themselves.
    you are making stuff up again. I want some evidence to your claims



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

    Quote Originally Posted by pbrauer View Post
    All those numbers you cite are based upon AGI (Adjusted Gross Income), so they don't actually show how much these people actually earn.
    find some other numbers that suggest otherwise

    do you admit or deny that the top 1% pay far more income tax than any other group

    do you admit or deny that the top 10% of the tax payers pay more than half the income taxes

    do you admit or deny that the top 1% pay almost all or all of the death tax (which is what the death tax advocates have been saying)

    do you admit or deny that the top 1% do not use as much in services funded by the income tax as they pay



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