View Poll Results: Do The Rich Pay Too Much Income Taxes

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  • Yes

    38 33.93%
  • No

    72 64.29%
  • I don't know

    2 1.79%
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Thread: Do The Rich Pay Too Much Federal Income Taxes

  1. #221
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by AlabamaPaul View Post
    How much is too much in your world? I was never scared by someone else having more than me when growing up...
    Good evening, AP.

    Glad to see you hanging out.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

  2. #222
    warrior of the wetlands
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by Glen Contrarian View Post
    No, the rich aren't paying nearly enough - not as long as they have the poor working at wages so low that they have to have government assistance in order to have food, shelter, and clothing. First ensure that all entry-level workers are paid a living wage (as the 'Father of Capitalism' Adam Smith himself said was proper), and THEN come back and ask us about who's paying too much or too little taxes.
    that's a moronic argument. are you saying the rich should pay more taxes to compensate for the market not valuing low skills work enough?



  3. #223
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by Jack Hays View Post
    Good evening, AP.

    Glad to see you hanging out.
    Good evening 2m. Just checking in to see if anything has improved, but it doesn't appear to be the case...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
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    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

  4. #224
    warrior of the wetlands
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by Joby View Post
    So when Kobe sees his measly millions in taxable income he pays 39.6% on federal income tax, plus the state taxes of California. And Cali loves that entertainment money.

    Meanwhile, Mr Gates will pay either 15% or 20% tax on the capital gains he makes from stock or dividends (it would not surprise me if he claims $0 income from Microsoft just to pay no capital gains) assuming they qualify as "long term."

    That's how I understand it. I am wrong? If not then that's an issue for me.

    edit: Like Lincoln said, A dollar from labor should be valued higher than one from capital.
    1) people like Kobe aren' whining about the "reduced" tax on investment income because almost every high salaried individual is investing a fair amount of their salary. And dividends are often taxed twice.

    2) the net tax rate on billionaires is 15%-that is still much higher effective rate than most americans. and those billionaires pay far more actual dollars than most people do-and GET nothing additional in return



  5. #225
    warrior of the wetlands
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by phildozer9121 View Post
    Haven't we dis-proven trickle down economics yet?
    we have disproven the socialist theory of taxing ourselves to prosperity

    we also have proven that "fairness" is a loaded term with socialists and generally serves as a facade to hide butt-hurt envy



  6. #226
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by pbrauer View Post
    Answers:

    Yes

    No

    I don't Know

    The 2013 tax tables are below:

    Married Taxpayers Filing Jointly

    Head of Household

    Individual Taxpayers



    Married Taxpayers Filing Separate
    National Taxpayers Union - Who Pays Income Taxes?

    National Taxpayers Union Tax Basics‎National Taxpayers Union


    ... Who Pays Income Taxes? Are You Paying Too Much in Taxes? Taxes ... Percentage of Federal Personal Income Tax Paid. Top 1%. $343,927. 36.73. Top 5%.

    The wealthy pay at least their fair share.

    Tax Year 2009
    Percentiles Ranked by AGI
    AGI Threshold on Percentiles
    Percentage of Federal Personal Income Tax Paid
    Top 1%
    $343,927
    36.73
    Top 5%
    $154,643
    58.66
    Top 10%
    $112,124
    70.47
    Top 25%
    $66,193
    87.30
    Top 50%
    $32,396
    97.75
    Bottom 50%
    <$32,396
    2.25
    Note: AGI is Adjusted Gross Income
    Source: Internal Revenue Service
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

  7. #227
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by TurtleDude View Post
    why do your posts constantly and dishonestly confuse an opinion with a fact? I argue that the tax system should be based on the same principles of most everything else in life-if you want something, you pay for it.

    and its dishonest for your posts to assume I don't know how the present system works
    I am well aware it is your opinion. And your opinion is based on falsehoods.
    __________________________________________________ _
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  8. #228
    warrior of the wetlands
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by haymarket View Post
    I am well aware it is your opinion. And your opinion is based on falsehoods.
    what falsehoods? I argue that we should change the system and make people pay for what they use

    you want to be able to buy the votes of the many with the money of the few

    I think you are fibbing out my points



  9. #229
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by TurtleDude View Post
    what falsehoods? I argue that we should change the system and make people pay for what they use

    you want to be able to buy the votes of the many with the money of the few

    I think you are fibbing out my points
    The falsehood is that paying ones taxes has a direct and equal relationship with the personal benefits one receives from those same taxes. Such a system is simply impossible in the real world to institute as there is simply no way such a calculation could be made for 315 million people. But feel free to show I am wrong and show us how those calculations would be made.

    In previous discussions we have had on this same subject, you are not even able to show us how much one person should pay based on the so called benefit they reap let alone 315 million.

    An opinion based on a falsehood and an impossibility is still an opinion in error.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  10. #230
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by AlabamaPaul View Post
    How much is too much in your world? I was never scared by someone else having more than me when growing up...
    Greetings, AP. Good to see you!

    In today's world, anger and envy have replaced fear in those who have been encouraged to feel they are being shortchanged if they don't have what others have - and we now have an entitlement society who constantly expects more and more to be content. I guess that when nobody has much of anything, they will finally be happy? I doubt it, but who knows.

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