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Posted (edited)
Then why don't you stay there?

We have almost the highest corporate tax rate in the world, yet it does no good. You think taxing the rich another 12% is going to completely change the landscape of our economy? Please...

Maybe if you guys moved instead of your spouse moving, you would understand why you cannot just pack up and move overseas at the drop of a hat.

Yes it will. Both the rich and shareholders are getting a free ride here. Don't even start on corporations who have sold America short all in the name of increased profit by moving overseas. Obviously they are not the sole blame but a big part of it. The stinginess and greed of the rich Yank has allowed government services in many states and counties to drop to 2nd world status, which explains the severe lack of lack of education in a L section of the country. That is, from the Midwest to Texas, to the south. Not only do so many people in these regions not have a clue but they continue to feed their own poverty by buying cheap foreign ####### at walmart. Yes, these guys too have screwed up the country. At least the people in my area are conscious about what they buy. Heck we don't even have any supercenter walmarts here. We don’t want them.

As such, you’re damn straight it's time the rich start paying their fair share. The country is slipping further into poverty and 2nd world status yet you want the rich to accumulate even more money and have the poor breed another generation of idiots. Prior to moving here, I hated Australia's high taxing Police state approach. I hated that the government proactively assisted people in getting off their feet, educated, skilled or even promoting they start a business. After living here and seeing the opposite, now I realize why they are so successful; as we don’t leave people for dead and almost have a soldiers bond with one another. But you know what, I can understand the ignorance because people like yourself have not lived in a country like Aus before, to see the difference and alternate way of doing things. To see what it's like living in a society where people are more likely to share the country's success, share the economic pie. That is, rather than the system here where 1% of people are accumulating the mega bucks, while millions of others live in ghettos or trailers. To see the fault in a system where 99% of the country, the idiots really, are fighting for the remaining 10% of wealth that the top 1% do not own.

Do you think it's fair that if you have 10 people and divide a pie into 10 pieces, 1 person should take 9 of them and the other 9 should fight over the one left? That is not progress or sound economics but stupidity. It also shows that the reaming 9 are fools to allow the one person to steal the 9 pieces. You guys hate on socialism but it's you who is being played by the mega rich, the 1%, as fools. The mega rich are not dumb though, every now and then they give back a piece of pie to one or two people, so they think see I can have some too; I am successful too. Bullcrap, you’re just a fool who is being played by the mega rich. People like you Joesph endorse and encourage the one guy to take all the pieces, all while you are one of the remaining nine guys fighting for your share of the last piece.

Edited by Booyah!

According to the Internal Revenue Service, the 400 richest American households earned a total of $US138 billion, up from $US105 billion a year earlier. That's an average of $US345 million each, on which they paid a tax rate of just 16.6 per cent.

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Posted
Taxing corporations and the rich will just be passed on to the consumer. Hence why cap-and-tax will just tax the !#$%^ out of everyone.

Corporations should pay a reasonable tax.

Anyone earning over $350K, should pay at least 47% tax. This is not a time for tax cuts for the well off.

Again, corporations don't pay any taxes no matter how you tax them. That tax is just passed on to the consumer with higher prices. Always has, always will.

Someone making that high of pay on a personal level, probably owns a company and if you tax them more, will also just pass on the cost to the consumer. No matter how you look at it, you're screwing everyday Joe's like myself.

the 350,000ers already pay 35% income taxes. Thats 122,500 of their income.

How's that MBA workin' for ya, Joseph?

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Posted
Taxing corporations and the rich will just be passed on to the consumer. Hence why cap-and-tax will just tax the !#$%^ out of everyone.

Corporations should pay a reasonable tax.

Anyone earning over $350K, should pay at least 47% tax. This is not a time for tax cuts for the well off.

Again, corporations don't pay any taxes no matter how you tax them. That tax is just passed on to the consumer with higher prices. Always has, always will.

Someone making that high of pay on a personal level, probably owns a company and if you tax them more, will also just pass on the cost to the consumer. No matter how you look at it, you're screwing everyday Joe's like myself.

the 350,000ers already pay 35% income taxes. Thats 122,500 of their income.

How's that MBA workin' for ya, Joseph?

False logic. Should I bring up Bush to you? (MBA)

"i'm smart you're dumb" once again. Those were facts i gave you. I don't need an MBA to give facts.

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Posted

BTW - I've seen you responding to healthcare posts, national relations posts, history posts, and governmental posts..

I suppose you are a doctor? PHD? Tenured Historian? I suppose you're qualified to comment on governmental affairs?

NIce try at a copout.

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Posted
BTW - I've seen you responding to healthcare posts, national relations posts, history posts, and governmental posts..

I suppose you are a doctor? PHD? Tenured Historian? I suppose you're qualified to comment on governmental affairs?

NIce try at a copout.

I'm none of those things. And I don't profess to be either.

Filed: Other Timeline
Posted
Taxing corporations and the rich will just be passed on to the consumer. Hence why cap-and-tax will just tax the !#$%^ out of everyone.

Corporations should pay a reasonable tax.

Anyone earning over $350K, should pay at least 47% tax. This is not a time for tax cuts for the well off.

Again, corporations don't pay any taxes no matter how you tax them. That tax is just passed on to the consumer with higher prices. Always has, always will.

Someone making that high of pay on a personal level, probably owns a company and if you tax them more, will also just pass on the cost to the consumer. No matter how you look at it, you're screwing everyday Joe's like myself.

the 350,000ers already pay 35% income taxes. Thats 122,500 of their income.

How's that MBA workin' for ya, Joseph?

False logic. Should I bring up Bush to you? (MBA)

"i'm smart you're dumb" once again. Those were facts i gave you. I don't need an MBA to give facts.

Joseph -

If you think that's the way percentages are calculated for taxation on a person in upper incomes, you're very wrong. If it WERE that simple, coffers would be flowing.

You clearly have no idea about the most basic of economic principles. It is not a question of my being smart or you being dumb. It's a question of you not realizing where your knowledge ends.

Filed: Other Country: Canada
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Posted (edited)
Taxing corporations and the rich will just be passed on to the consumer. Hence why cap-and-tax will just tax the !#$%^ out of everyone.

Corporations should pay a reasonable tax.

Anyone earning over $350K, should pay at least 47% tax. This is not a time for tax cuts for the well off.

Again, corporations don't pay any taxes no matter how you tax them. That tax is just passed on to the consumer with higher prices. Always has, always will.

Someone making that high of pay on a personal level, probably owns a company and if you tax them more, will also just pass on the cost to the consumer. No matter how you look at it, you're screwing everyday Joe's like myself.

the 350,000ers already pay 35% income taxes. Thats 122,500 of their income.

How's that MBA workin' for ya, Joseph?

False logic. Should I bring up Bush to you? (MBA)

"i'm smart you're dumb" once again. Those were facts i gave you. I don't need an MBA to give facts.

Joseph -

If you think that's the way percentages are calculated for taxation on a person in upper incomes, you're very wrong. If it WERE that simple, coffers would be flowing.

You clearly have no idea about the most basic of economic principles. It is not a question of my being smart or you being dumb. It's a question of you not realizing where your knowledge ends.

I suppose you could apply the Peter Principle here :whistle:

Edited by Rob and Mel
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Posted
Taxing corporations and the rich will just be passed on to the consumer. Hence why cap-and-tax will just tax the !#$%^ out of everyone.

Corporations should pay a reasonable tax.

Anyone earning over $350K, should pay at least 47% tax. This is not a time for tax cuts for the well off.

Again, corporations don't pay any taxes no matter how you tax them. That tax is just passed on to the consumer with higher prices. Always has, always will.

Someone making that high of pay on a personal level, probably owns a company and if you tax them more, will also just pass on the cost to the consumer. No matter how you look at it, you're screwing everyday Joe's like myself.

the 350,000ers already pay 35% income taxes. Thats 122,500 of their income.

How's that MBA workin' for ya, Joseph?

False logic. Should I bring up Bush to you? (MBA)

"i'm smart you're dumb" once again. Those were facts i gave you. I don't need an MBA to give facts.

Joseph -

If you think that's the way percentages are calculated for taxation on a person in upper incomes, you're very wrong. If it WERE that simple, coffers would be flowing.

You clearly have no idea about the most basic of economic principles. It is not a question of my being smart or you being dumb. It's a question of you not realizing where your knowledge ends.

I understand it completely. The top 50% of earners pay 97% of all income taxes. Should we make it 100% and that will solve everything? Common sense seems to escape you. Years ago when I made 15,000 one year when i filed my taxes, I paid nothing. I broke even. Now that i'm making much more than that, I pay much more and get very little back.

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Posted

It really is difficult taking a side here.

Not.

I heard someone needs more lessons on bringing their level of rationalization up to the 4th grade level. OK... that was not cool folks! It shows its at a 6th grade level.

I wonder if any of you have done the actual numbers. Its pretty silly to claim that the top 50% earners pay 97% of the income tax without knowing what proportion of the tax paying population earns 50% of the top pay vs seeing what the top 5% of the population that originally stood to get a single tax dollar increase.... but then again that must be the superior intellect we're reading about here instead of focusing on the lack of critical thinking skills coming from the 6th grade. Poor kid(s).

Wishing you ten-fold that which you wish upon all others.

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Posted

Once again your posts are irrelevant.

The top 1% pays 39% of all income taxes (this is from the latest info from the IRS) It went up 2% while Bush was in office (via his tax cuts, which didn't actually cut the taxes of the wealthy, but increased them by 2%)

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Posted
Once again your posts are irrelevant.

The top 1% pays 39% of all income taxes (this is from the latest info from the IRS) It went up 2% while Bush was in office (via his tax cuts, which didn't actually cut the taxes of the wealthy, but increased them by 2%)

If irrelevant, why address the question I posted? :wacko:

You're not gonna give Danno a run on his logic are you? :lol:

But since we're on that topic-

Look up that IRS data. Exactly how much in dollars per annum is the minimum cut-off for making it to that 1% upper crust? Compare what they pay in tax dollar for dollar vs the other 61%. ;)

Just gave you the protocol, now go and do the math.

Wishing you ten-fold that which you wish upon all others.

Filed: Other Timeline
Posted (edited)
I understand it completely. The top 50% of earners pay 97% of all income taxes. Should we make it 100% and that will solve everything? Common sense seems to escape you. Years ago when I made 15,000 one year when i filed my taxes, I paid nothing. I broke even. Now that i'm making much more than that, I pay much more and get very little back.

Yes that's the way it works - depending on the number of dependants in your household and whether or not your itemize deductions or take the standard deduction.

Businesses (including small business owners) can take far more deductions with many opportunities to lower the taxable earnings. My 'other' boss runs his truck through the firm - payments, insurance, gasoline - the entire ball of wax. It's a legitimate write-off as no one would audit a business man for one vehicle on the Schedule C. Thing is - it's a truck. He's a lawyer. Just one of those things that makes you go hmmmm.

I can't write off my car from my taxable income. Can you, Joseph?

Once again your posts are irrelevant.

The top 1% pays 39% of all income taxes (this is from the latest info from the IRS) It went up 2% while Bush was in office (via his tax cuts, which didn't actually cut the taxes of the wealthy, but increased them by 2%)

If irrelevant, why address the question I posted? :wacko:

You're not gonna give Danno a run on his logic are you? :lol:

But since we're on that topic-

Look up that IRS data. Exactly how much in dollars per annum is the minimum cut-off for making it to that 1% upper crust? Compare what they pay in tax dollar for dollar vs the other 61%. ;)

Just gave you the protocol, now go and do the math.

It's really interesting math too if a person actually studies it.

Edited by rebeccajo
 

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