View Poll Results: Do The Rich Need Saving?

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  • Yes

    7 10.00%
  • No

    59 84.29%
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    0 0%
  • Other/explain

    4 5.71%
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Thread: Do The Rich Need Saving?

  1. #221
    Educator DemonMyst's Avatar
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    Re: Do The Rich Need Saving?

    Quote Originally Posted by TurtleDude View Post
    Nice attempt at diversion. I want you all to prove that the only people who can afford more income taxes are those who already pay by far the most
    How about you prove they actually pay the most before we go any further.. The rich do not pay the most and haven't for a long time.. But feel free to try to prove otherwise..

  2. #222
    warrior of the wetlands
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    Re: Do The Rich Need Saving?

    Quote Originally Posted by winston53660 View Post
    The people that gain the most can pay the most. Already from your posts we have determined the disproportion of income for the top 1% getting 22% of the pie where as the other 99% get a lesser % than 99%
    you cannot prove that the rich get or gain the MOST FROM GOVERNMENT.

    Obama already destroyed your argument. He said the rich have to sacrifice by paying more taxes. that is an admission that cutting government spending does not involve a sacrifice by the rich -only those whose sacrifice does not involve paying more taxes



  3. #223
    warrior of the wetlands
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    Re: Do The Rich Need Saving?

    Quote Originally Posted by DemonMyst View Post
    How about you prove they actually pay the most before we go any further.. The rich do not pay the most and haven't for a long time.. But feel free to try to prove otherwise..
    stop the lying. the top 5% pay more federal income taxes than the rest of the country



  4. #224
    warrior of the wetlands
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    Re: Do The Rich Need Saving?

    Guess Who Really Pays the Taxes — The American Magazine


    In the early 1960s, the highest marginal income tax rate was a stunning 91 percent. That top rate fell to 70 percent after the Kennedy-Johnson tax cuts and remained there until 1981. Then Ronald Reagan slashed it to 50 percent and ultimately to 28 percent after the 1986 Tax Reform Act. Although the federal tax rate fell by more than half, total tax receipts in the 1980s doubled from $517 billion in 1981 to $1,030 billion in 1990. The top tax rate rose slightly under George H. W. Bush and then moved to 39.6 percent under Bill Clinton. But under George W. Bush it fell again to 35 percent. So what’s striking is that, even as tax rates have fallen by half over the past quarter-century, taxes paid by the wealthy have increased. Lower tax rates have made the tax system more progressive, not less so. In 1980, for example, the top 5 percent of income earners paid only 37 percent of all income taxes. Today, the top 1 percent pay that proportion, and the top 5 percent pay a whopping 57 percent.



  5. #225
    warrior of the wetlands
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    Re: Do The Rich Need Saving?

    same source
    There is no correlation between tax rates and deficits in recent U.S. history. The spike in the federal deficit in the 1980s was caused by massive spending increases.

    The Congressional Budget Office reports that, since the 2003 tax cuts, federal revenues have grown by $745 billion—the largest real increase in history over such a short time period. Individual and corporate income tax receipts have jumped by 30 percent in the two years since the tax cuts.



  6. #226
    Sage

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    Re: Do The Rich Need Saving?

    Quote Originally Posted by TurtleDude View Post
    you cannot prove that the rich get or gain the MOST FROM GOVERNMENT.
    They benefit disproportionately from our system of government.

    Obama already destroyed your argument. He said the rich have to sacrifice by paying more taxes. that is an admission that cutting government spending does not involve a sacrifice by the rich -only those whose sacrifice does not involve paying more taxes
    And they should if they want their wealth to be worth anything in the future. BTW paying taxes is not the only way people are hurting. You are being a big cry baby.

  7. #227
    Disappointed Evolutionist
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    Re: Do The Rich Need Saving?

    Quote Originally Posted by TurtleDude View Post
    I want some proof that 47% of the country-cannot pay any more taxes. I want proof that the 60% who use more government than they pay for cannot pay anymore. If you have a color tv or a cell phone you can pay more

    and if you truly cannot pay anymore you have zero credibility demanding others should pay even more taxes

    I have absolutely no interest in your opinions Turtledude. If you have documentation to refute it, then do it.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  8. #228
    Educator DemonMyst's Avatar
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    Re: Do The Rich Need Saving?

    Quote Originally Posted by TurtleDude View Post
    stop the lying. the top 5% pay more federal income taxes than the rest of the country
    Yes.. In that sense yes.. And they should!!! They make the most money!! Why shouldn't they pay the most?? You earn the most you pay the most in taxes.. What is wrong with that??

    Are they pay the most in taxes as far as percentage of income?? No they are not.. They haven't been for a very long time..

    Please explain why the top 5% that are making the largest of largest wages hundreds of millions a year if not more, shouldn't pay the most in taxes?? When you control the largest portion of the nations wealth, you should be paying most of the taxes.. What is wrong with that??

  9. #229
    warrior of the wetlands
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    Re: Do The Rich Need Saving?

    Quote Originally Posted by winston53660 View Post
    They benefit disproportionately from our system of government.



    And they should if they want their wealth to be worth anything in the future. BTW paying taxes is not the only way people are hurting. You are being a big cry baby.
    More stuff you are making up

    the rich did even better when there was no income tax. the current system is mainly leftist in its makeup

    here is another slap in your silly claims


    Historical Effective Federal Tax Rates for All Households



  10. #230
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    Re: Do The Rich Need Saving?

    Quote Originally Posted by winston53660 View Post
    My old man and some his buddies do a secret Santa thing for the poor in this neck of the woods. And you know what we have donated brand spakin' new TVs. Maybe the kids can watch Sesame Street or something like that.



    A cell phone can come in handy to call 911 or get a call from a potential employer.


    Apparently you can't be poor if you can pick up a used TV at goodwill for $5 bucks.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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