View Poll Results: Is This Statement True Of Federal Income Taxes?

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Thread: Is This Statement True Of Federal Income Taxes?

  1. #51
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    Re: Is This Statement True Of Federal Income Taxes?

    Quote Originally Posted by Glen Contrarian View Post
    Look at the question, guy - if a question does not include all the pertinent information, then you really need to learn how to make sure that all the pertinent information is included before you answer it - otherwise your answer is based upon assumption.

    And if you'd taken care to read the REST of my answer, then you would have seen how my answer would have applied to America in any case even when the top 10% is paying 70% of the taxes. And FYI, my answer's not based on envy at all - if you understood my life in the least, you'd know that. You really need to learn to stop making assumptions about what other people must be like, when all you're doing is basing your assumptions on the fact that they don't agree with you politically or socially.
    opinion noted and rejected based on my review of your other posts



  2. #52
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    Re: Is This Statement True Of Federal Income Taxes?

    Quote Originally Posted by American View Post
    Why do you never see anyone on the Left talking about the spending side of the budget?
    Except for wars, corporate welfare, tax breaks for shipping our jobs overseas....

    Would you like for us on the Left to agree to make big cuts in welfare and food stamps? It's really very easy - all that has to be done is to make sure that entry-level workers are paid a living wage...because if they're NOT paid a living wage, then they have to depend upon the government to give them support with things like food stamps so that their money will stretch far enough to provide food, shelter, and clothing. But until that day that entry level workers are paid a living wage, your government WILL continue to effectively subsidize those mega-corporations like Wal-Mart and McDonald's because they can't allow themselves to pay their own workers enough to live on.

    Think about it, guy - you pay ANYWAY. You pay higher prices for goods at a store which pays its employees more...OR you pay higher taxes to subsidize the wages of employees at stores which refuse to pay a living wage. But either way, you pay ANYWAY.

    So that's your choice - higher prices, or higher taxes. Wanna cut taxes? Wanna cut the social safety net? I'm with you on that one, as long as even entry-level workers are paid enough to afford food, shelter, and clothing.
    To do evil, a human being must first of all believe that what hes doing is good" - Solzhenitsyn

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  3. #53
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    Re: Is This Statement True Of Federal Income Taxes?

    Quote Originally Posted by American View Post
    You mean their fair share of the overspending and waste of the federal government? I mean that's what we're talking about here. Why do you never see anyone on the Left talking about the spending side of the budget?
    Exactly. Wonder why that is? It's always a revenue issue. If only the rich weren't exercising unfair influence and paying more, we wouldn't have to worry so much about what we are being given. There would be more money to spend on us if only all these loopholes were closed.

    The biggest problem, as California proved many years ago, the rich don't always stay rich. Their income gyrates wildly from year to year due to the nature of the income. Yet, it's easy to buy a constituency with promises of money from people they have been trained to see as the enemy.

  4. #54
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    Re: Is This Statement True Of Federal Income Taxes?

    Quote Originally Posted by molten_dragon View Post
    The top quintile (because I can't find statistics for the top 10%) earned 52.5% of the country's total income in 2012, and paid 68.3% of the country's total federal taxes. The top quintile also holds 88.9% of the country's total net worth, and 95.6% of the country's financial wealth (not including the value of people's homes).

    So I would say that the wealthy are paying a little more than their fair share, but not as much more as some people make it out to be.
    But how much of the nation's taxes go towards paying for what the rich require in order to run their businesses? For instance, Joe Everyman doesn't always have to depend on having a good roads and orderly traffic in order to get to work...but his boss at, say, UPS sure as heck does need good roads and orderly traffic in order to make his business work.

    Come to think of it, maybe a better way to ask that 70% question above is...were all the tax breaks and subsidies that were given to Corporate America - and, by extension, to the rich - included in that 70%? Probably not...so that's what we're not seeing in that question.
    To do evil, a human being must first of all believe that what hes doing is good" - Solzhenitsyn

    "...with the terrorists, you have to take out their families." - Donald Trump

  5. #55
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    Re: Is This Statement True Of Federal Income Taxes?

    Quote Originally Posted by Glen Contrarian View Post
    Except for wars, corporate welfare, tax breaks for shipping our jobs overseas....

    Would you like for us on the Left to agree to make big cuts in welfare and food stamps? It's really very easy - all that has to be done is to make sure that entry-level workers are paid a living wage...because if they're NOT paid a living wage, then they have to depend upon the government to give them support with things like food stamps so that their money will stretch far enough to provide food, shelter, and clothing. But until that day that entry level workers are paid a living wage, your government WILL continue to effectively subsidize those mega-corporations like Wal-Mart and McDonald's because they can't allow themselves to pay their own workers enough to live on.

    Think about it, guy - you pay ANYWAY. You pay higher prices for goods at a store which pays its employees more...OR you pay higher taxes to subsidize the wages of employees at stores which refuse to pay a living wage. But either way, you pay ANYWAY.

    So that's your choice - higher prices, or higher taxes. Wanna cut taxes? Wanna cut the social safety net? I'm with you on that one, as long as even entry-level workers are paid enough to afford food, shelter, and clothing.
    Do you really think that increasing the minimum wage, now earned by less than 3% of the US workforce, would reduce the need for taxpayer support of "the poor" which is now 15% of the US population? Since you admit that higher prices (cost of living) would result from this gov't mandated pay raise then it follows that gov't costs, based on COLA, would rise accordingly.
    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

  6. #56
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    Re: Is This Statement True Of Federal Income Taxes?

    Quote Originally Posted by ocean515 View Post
    the rich don't always stay rich.
    But if you'd take the time to look at the current American economic mobility statistics, they DO stay rich a heck of a lot more often than lower- or middle-income people become rich.

    Is This Statement True Of Federal Income Taxes?-131209100348-economic-mobility-620xa-jpg

    And now from the CNN Money article, information which you cannot allow yourself to accept:

    Among the major developed countries, only in Italy and the United Kingdom is there less economic mobility {than in America}, according to Corak.
    The research measures "intergenerational earnings elasticity" -- a type of economic mobility that measures the correlation between what your parents make and what you make one generation later -- in a number of different countries around the world.
    Most Americans born into the lower class stay in the lower class.
    Economists aren't certain exactly why some countries have a greater degree of mobility than others, but they do point to certain similarities.

    Greater current inequality: The more unequal a society is currently, the greater the chance that the children will be stuck in the same sphere. This is because wealthy families are able to provide things like tutors and extracurricular activities -- and the time to pursue them -- that poorer families often cannot.
    Also, education matters a lot more now than it did 100 years ago in terms of getting a good job.
    "The rich can pump a lot more money into their kids' future," said Corak.
    This helps explain why countries like China, India and many South American nations also exhibit relatively little economic mobility.
    Families: Having a stable home life is also associated with the ability to climb the economic ladder, said Corak. The United States tends to have higher rates of divorce, single-parent homes, and teenage pregnancy than many other industrialized countries.
    Social policies: Countries that redistribute wealth -- through, say, higher taxes on the rich and more spending on the poor -- tend to have greater social mobility, said Francisco Ferreira, an economist at the World Bank.


    Think back, guy - when was America's economic mobility the world standard? Back in the days of the unions and higher taxes on the rich. But of course you cannot allow yourself to possibly draw any connections there, can you?
    To do evil, a human being must first of all believe that what hes doing is good" - Solzhenitsyn

    "...with the terrorists, you have to take out their families." - Donald Trump

  7. #57
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    Re: Is This Statement True Of Federal Income Taxes?

    Quote Originally Posted by Glen Contrarian View Post
    Except for wars, corporate welfare, tax breaks for shipping our jobs overseas....

    Would you like for us on the Left to agree to make big cuts in welfare and food stamps? It's really very easy - all that has to be done is to make sure that entry-level workers are paid a living wage...because if they're NOT paid a living wage, then they have to depend upon the government to give them support with things like food stamps so that their money will stretch far enough to provide food, shelter, and clothing. But until that day that entry level workers are paid a living wage, your government WILL continue to effectively subsidize those mega-corporations like Wal-Mart and McDonald's because they can't allow themselves to pay their own workers enough to live on.

    Think about it, guy - you pay ANYWAY. You pay higher prices for goods at a store which pays its employees more...OR you pay higher taxes to subsidize the wages of employees at stores which refuse to pay a living wage. But either way, you pay ANYWAY.

    So that's your choice - higher prices, or higher taxes. Wanna cut taxes? Wanna cut the social safety net? I'm with you on that one, as long as even entry-level workers are paid enough to afford food, shelter, and clothing.
    Welfare isn't about working, it's about taking money from one person and giving it to another person for doing nothing.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  8. #58
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    Re: Is This Statement True Of Federal Income Taxes?

    Quote Originally Posted by TurtleDude View Post
    opinion noted and rejected based on my review of your other posts
    OH! Ah...ya...GOT me...pardnah....
    To do evil, a human being must first of all believe that what hes doing is good" - Solzhenitsyn

    "...with the terrorists, you have to take out their families." - Donald Trump

  9. #59
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    Re: Is This Statement True Of Federal Income Taxes?

    Quote Originally Posted by ttwtt78640 View Post
    Do you really think that increasing the minimum wage, now earned by less than 3% of the US workforce, would reduce the need for taxpayer support of "the poor" which is now 15% of the US population? Since you admit that higher prices (cost of living) would result from this gov't mandated pay raise then it follows that gov't costs, based on COLA, would rise accordingly.
    1. The minimum wage might be what only 3% of the US workforce is getting, but what you're not remembering is that a whole heck of a lot of the US workforce gets paid just a little more than the minimum wage (so the owners can say, "See - we don't just pay minimum wage!"), but MUCH less than what a living wage would require. But I'm sure you knew that already.

    2. If all those who are paid less than a living wage suddenly earn a living wage - including the VAST majority of Wal-Mart workers - then the social safety net can be slashed significantly. Food stamps, welfare, you name it. Sure, you'll pay a little bit more at Wal-Mart (but not nearly as much as you seem to think), but you'll pay less in taxes.

    FYI, here's how much prices would rise at Wal-Mart if they raised their entry-level wage to $12.50:

    Wal-Mart said last week that it would halt plans to open stores in D.C. because of a minimum-wage hike that would mandate a minimum hourly pay of $12.50.
    Executives said the pay increase would drive up prices for consumers.

    So how much would a higher minimum wage cost shoppers at Walmart?

    About 46 cents per trip, reports Caroline Fairchild at The Huffington Post.

    That figure is based on a 2011 study by CUNY's Stephanie Luce and University of California Berkeley's Ken Jacobs and Dave Graham-Squire.

    "Even if Wal-Mart decided to pass 100 percent of the cost on to customers, store prices would still only increase by 1.1%," Fairchild writes.


    In Right Wing world, though, that would result in massive unemployment, another recession, cats and dogs living together, and the Stay-Puft Marshmallow Man stalking the streets of Manhattan.

    Is This Statement True Of Federal Income Taxes?-stay-puft-marshmallow-man-200x200-jpg
    To do evil, a human being must first of all believe that what hes doing is good" - Solzhenitsyn

    "...with the terrorists, you have to take out their families." - Donald Trump

  10. #60
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    Re: Is This Statement True Of Federal Income Taxes?

    I wish there could be a rule: any thread dealing with economics, when someone uses the word "fair", they get shocked with 50,000 volts of stupid-curbing electricity. It'd make the board more realistic and scientific and less emotional and idiotic.

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