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. #441
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by PoS View Post
    If the board of directors and shareholders decide to give huge bonuses to their corporate CEOs thats their business since its their companies that are private.
    While on means tested corporate welfare?

  2. #442
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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
    Not to torpedo your thread, but are those figures posted in the charts adjusted gross income? Because if they're not, things like EIC lowers the total income into a bracket where no tax is paid. Yes?

  3. #443
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by Glen Contrarian View Post
    Now compare that long-term growth to America's.
    Why would I care? The two countries are not even remotely the same.

    Move to Australia if you must. After all, automobile manufacturers appear to be quite bullish on it's future.

  4. #444
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by PoS View Post
    Ive been to Australia and was there for a few days in 2008 and their minimum wage had nothing to do with them weathering the financial crisis. The simple reasons is that Australian banks didnt over leverage themselves unlike the ones in the US and EU, their government had a budget surplus and their central bank didnt keep interest rates at zero which is what the US Fed did. Apples and oranges.
    Not apples and oranges - their system is not radically different from our own. Besides, if a high minimum wage were indeed that destructive to an economy, exactly how is it that their economy is doing just fine? If bank leverage is what made the difference, then the over-twice-as-high-as-our-own MW is obviously not as destructive to an economy as you seem to think.
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  5. #445
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by ocean515 View Post
    Why would I care? The two countries are not even remotely the same.

    Move to Australia if you must. After all, automobile manufacturers appear to be quite bullish on it's future.
    The two nations are not that different. Yes, they have a MW over twice that of our own, and they've got mandatory voting (which I wish we had), but despite some differences here and there, their economic model is truly not that different from our own.

    O5, perhaps the biggest mistake I see in conservatives is the almost unshakable belief that if another nation does something better than America does, it's either wrong or doesn't apply. It's as if conservatives seem to hold as a matter of faith that "those people over there" are somehow different, that what works for them cannot ever work here. But that's flat wrong - while not everything that works for other nations can be applied here, there are many things that can be done here to follow the example of other nations, when those things are achieving better results than we get here.

    For instance, look at credit cards - do you see the kind of exposure of credit card numbers in Europe as we see here? Of course not - their system is different. One can't just take a credit card number from someone in France and plug that number in on the internet to buy whatever. Why can't we learn from that example? (1) American credit companies don't want to go through what would admittedly be a very, very expensive evolution in order to follow Europe's example, and (2) the idea among many that "if Europe does it, it must be wrong or bad or socialist or Nazi or whatever".

    It's a very bad thing indeed when a society begins to refuse to learn positive lessons from other societies.
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  6. #446
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by Glen Contrarian View Post
    The two nations are not that different. Yes, they have a MW over twice that of our own, and they've got mandatory voting (which I wish we had), but despite some differences here and there, their economic model is truly not that different from our own.

    O5, perhaps the biggest mistake I see in conservatives is the almost unshakable belief that if another nation does something better than America does, it's either wrong or doesn't apply. It's as if conservatives seem to hold as a matter of faith that "those people over there" are somehow different, that what works for them cannot ever work here. But that's flat wrong - while not everything that works for other nations can be applied here, there are many things that can be done here to follow the example of other nations, when those things are achieving better results than we get here.

    For instance, look at credit cards - do you see the kind of exposure of credit card numbers in Europe as we see here? Of course not - their system is different. One can't just take a credit card number from someone in France and plug that number in on the internet to buy whatever. Why can't we learn from that example? (1) American credit companies don't want to go through what would admittedly be a very, very expensive evolution in order to follow Europe's example, and (2) the idea among many that "if Europe does it, it must be wrong or bad or socialist or Nazi or whatever".

    It's a very bad thing indeed when a society begins to refuse to learn positive lessons from other societies.
    An even worse thing is when a liberal finds another country that is not even remotely the same, and tries to use it as an example because there is something they are doing that matches their agenda.

    You're in the even worse mode.

    I'm not aware of any "conservative" who matches the thinking your suggesting about learning from other countries. If something works in another country, it is indeed worth looking at.

    However, a living wage deal is a terrible idea, and should never, ever, be adopted in the United States.

    If you want a no consequences life, move to where such mediocrity is rewarded. I know I will do whatever I can to insure such a place will never be found here in the US.

  7. #447
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by Glen Contrarian View Post
    Not apples and oranges - their system is not radically different from our own. Besides, if a high minimum wage were indeed that destructive to an economy, exactly how is it that their economy is doing just fine? If bank leverage is what made the difference, then the over-twice-as-high-as-our-own MW is obviously not as destructive to an economy as you seem to think.
    Ive already explained to you why they weathered it. Read my post again.

  8. #448
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by danielpalos View Post
    While on means tested corporate welfare?
    I dont get what youre saying.

  9. #449
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by pbrauer View Post
    Again, I need to remind you what the group pays as whole is meaningless because they pay taxes as individuals.
    That comment has no meaning.
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  10. #450
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by TheDemSocialist View Post
    In my opinion? 1950's rates with little to no loopholes.
    Ah. You mean a time when the rich paid a smaller percentage of the whole. Got it.
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