View Poll Results: Do the Rich Pay Their Fair Share?

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    82 45.30%
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    99 54.70%
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Thread: Do the Rich Pay Their Fair Share of Taxes in the United States?

  1. #1151
    Advisor jpevans's Avatar
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?


    You're right about that, the Romney-Bot probably did pay more in taxes than I made in my best year with lots of OT, for walking iron, pulling welding leads. & all he's doing is running for president.
    They say that Investing is risky & you don't always win, But there are deductions for losses, yet the rate is held low at 15%. If 15% is more than the average wage earner makes per year Gross, then effen right it's to low.

    Quote Originally Posted by Keridan View Post
    Over and over and over again, this point has been upheld. He did pay more FIT than 97% of Americans. Unless you are in the top 2.5-2.8% of income earners, you pay less FIT with only standard deductions (you know, the ones everyone gets). The talking point about his income is debunked. And that is including his capital gains rate which is supposed to be so incredibly low.

    I was so much older then, I'm younger than that now. Bob Dylan

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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by cpwill View Post
    got numbers?
    You want me to reveal my private tax data to you? I don't think so.
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by cpwill View Post
    So, you are saying that not only is he so productive that he is a greater benefit to society, but he can be a greater benefit to society with a lower percentage? that's awesome.
    nope - never said that.

    I do think there are things he could do in the way of being a greater benefit to society.
    __________________________________________________ _
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  4. #1154
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by haymarket View Post
    You want me to reveal my private tax data to you? I don't think so.
    You're the ones making relatively unlikely claims in here about your tax data. Put up or shut up. besides, it's not as if the base numbers are all that revealing - like someone is going to find out who you are in RL by your salary?

    Here, I'll post you mine from 2011:

    Wages Tips and Other Compensation: $28,228.62
    Federal Tax Withheld: $922.85
    Social Security Tax Withheld: $1,248.38
    Medicare Tax Withheld: $430.99

    See now? That wasn't so hard at all.

  5. #1155
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by haymarket View Post
    You want me to reveal my private tax data to you? I don't think so.
    Then DO NOT use yourself as a "source". Posting nonsense and then asserting that it applies to YOU was your choice. You must make over $250K to even have a chance of paying more FIT than 15% of gross.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
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  6. #1156
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by ttwtt78640 View Post
    You must make over $250K to even have a chance of paying more FIT than 15% of gross.
    but that can't be! he's just a lowly-paid but loyal public servant, humbly seeking to work for his community.


    really truly, I'm betting that he has justified using his nominal marginal rate as a stand-in for his effective rate for the purposes of this discussion.
    Last edited by cpwill; 06-28-12 at 09:44 AM.

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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by cpwill View Post
    but that can't be! he's just a lowly-paid but loyal public servant, humbly seeking to work for his community.


    really truly, I'm betting that he has justified using his nominal marginal rate as a stand-in for his effective rate for the purposes of this discussion.
    But apples to moonrocks comparisons are completely acceptable if they "prove" your point. ;-)
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by ttwtt78640 View Post
    But apples to moonrocks comparisons are completely acceptable if they "prove" your point. ;-)
    Green little circle means he's still online.... yet no answer.


    You think he's desperately running through some tax calculator trying to find that random magic income number and family status that allows him to have a 14.1% tax rate?

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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by cpwill View Post
    Green little circle means he's still online.... yet no answer.


    You think he's desperately running through some tax calculator trying to find that random magic income number and family status that allows him to have a 14.1% tax rate?
    Definitely agree with the "desperately running" part, not at all sure about the calculator though. ;-)

    I keep asking for a definition of a "fair" simple income tax system, yet NEVER get detailed responses. All are SURE they will know it when they see it, yet somehow can not quite describe it. We surely do not need 80K+ pages of FIT law, yet when asked what IS fair, it seems to ALWAYS be some minor "tweek" to the current code, shifting even more of the tax burden from the bottom to the top. Hmm...
    Last edited by ttwtt78640; 06-28-12 at 10:27 AM.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

  10. #1160
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?


    Thanks I didn't know that, but does it mean he (whoever) is on your thread, which is at the bottom of page.

    [QUOTE=cpwill;1060633634]Green little circle means he's still online.... yet no answer.


    QUOTE]

    I was so much older then, I'm younger than that now. Bob Dylan

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