Thread: Are you willing to pay higher taxes, and if so, for what?

Originally Posted by Paschendale

Oh look, this nonsense again. Remember how that particular demographic's income is below the minimum taxable amount? I thought so. When those in poverty are no longer in poverty, I'm sure they'll be pleased to be able to pay income taxes.

LOL so half the country is in poverty

GMAFB

Originally Posted by Catawba

Calling on the victims of 30 years of failed trickle down economics to help bail out those that created the problem - this is the GOP campaign platform the American people are rejecting.

the indolent middle class that has demanded more and more government and demanded the "rich" pay for it has caused most of the problems you now whine about

Originally Posted by TurtleDude

the indolent middle class that has demanded more and more government and demanded the "rich" pay for it has caused most of the problems you now whine about

lol....lpast<---just shakes head

Originally Posted by Paschendale

Oh look, this nonsense again. Remember how that particular demographic's income is below the minimum taxable amount? I thought so. When those in poverty are no longer in poverty, I'm sure they'll be pleased to be able to pay income taxes.

Now, for the zillionth time, can we PLEASE stop misusing this statistic?

Why would we stop using this statistic? Don't just flap gums, post your alternate universe.

47% of single taxpayers will pay no income tax.
55% of senior tax filers will pay no income tax.
55% of filers with children will pay no income tax.
60% of those earning between $20,000 and $30,000 pay no income tax
No one earning less than $10,000 pays income tax.
20% of those earning between $50,000 and $75,000 pay no income tax.
2/3 of households with children earning between $40,000 and $50,000 pay no income tax.
A small percentage of those who earn over $1 million pay no income tax.

Filing Status Matters Too: Filing status also matters because of differences in exclusions, deductions, and credits. Among those with income between $40,000 and $50,000, for example, nearly three-fourths of joint filers, two-thirds of households with children, and three-fifths of the elderly owe no tax, compared with less than half of household heads and less than a tenth of singles. The impact of refundable child and earned income credits and the exclusion of most Social Security benefits clearly make their mark.

TaxVox » Blog Archive » Who Pays No Income Tax?

Originally Posted by TurtleDude

LOL so half the country is in poverty

GMAFB

Yes. 71% of Americans make 50000 a year or less. 35% make 25000 or less. A generation ago, this income level was sufficient for middle class living. The cost of living keeps going up and up, and wages do not.

Originally Posted by TurtleDude

the indolent middle class that has demanded more and more government and demanded the "rich" pay for it has caused most of the problems you now whine about

I'm sure your campaign plank there will see you in good stead next November.

You are the poster child for voting against the GOP!!!! Please keep it up, and try to be just a little more vitriolic in your disdain for the middle class.

Originally Posted by MaggieD

Why would we stop using this statistic? Don't just flap gums, post your alternate universe.

I said MISusing, Maggie. Because when it gets posted, it's done to suggest that those who make less money than society considers sufficient to live are pulling some kind of scheme to get away with something. As if they're cheating somehow. Also, there are plenty of taxes that people pay besides federal income tax. The implication that people are freeloaders is false. If you want to use that stat to make a point about how absurdly low incomes are for a large portion of Americans, go ahead. But if you use it to say that the bottom half of this country are cheating the system and mooching off of everyone else... that's a lie.

Originally Posted by Paschendale

I said MISusing, Maggie. Because when it gets posted, it's done to suggest that those who make less money than society considers sufficient to live are pulling some kind of scheme to get away with something. As if they're cheating somehow. Also, there are plenty of taxes that people pay besides federal income tax. The implication that people are freeloaders is false. If you want to use that stat to make a point about how absurdly low incomes are for a large portion of Americans, go ahead. But if you use it to say that the bottom half of this country are cheating the system and mooching off of everyone else... that's a lie.

I never said these people were cheating the system and mooching. The system's broken. Everyone who lives in the United States of America and earns money should pay income tax on their earnings just like I do. I don't care if it's 1%, a half percent -- something. If people don't have a dog in the fight, what the hell do they care how much Congress spends?? As for people paying plenty of other taxes, of course, that's true. But we're talking about income tax here.

Yes. Please raise the taxes I pay on capital gains to the same rates I pay on other income. Raise my (capital gains) tax rates!

Originally Posted by vvx

Yes. Please raise the taxes I pay on capital gains to the same rates I pay on other income. Raise my (capital gains) tax rates!

That is exactly what two dozen patriotic billionaires demanded of the Congressional deficit committee today.