The Conservative Cave

Current Events => The DUmpster => Topic started by: CactusCarlos on October 26, 2008, 12:18:05 PM

Title: USMB: Who Actually Pays The Taxes??
Post by: CactusCarlos on October 26, 2008, 12:18:05 PM
http://www.usmessageboard.com/economy/13525-who-actually-pays-the-taxes.html

Quote from: Bonnie
www.townhall.com/columnists/brucebartlett/printbb20041019.shtml (http://www.townhall.com/columnists/brucebartlett/printbb20041019.shtml)



IRS Figures:  Average aggregate income taxes

Income Group-----Tax Share
Top 1%--33.7 percent
Top 5%--53.87 percent
Top 10%--65.7 percent
Top 25%--83.9 percent
Top 50%--96.5 percent

The data also reveal the despite the Bush tax cut, the income tax is still highlt progressive--taking more form each group as their incomes rise.  the following percentages measure the taxes paid by each group divided by their income.  Economists call this the average or effective tax rate.

Income Group:
Top 1%--27.25 percent
Top 5%--22.95 percent
Top 10%--20.51 percent
Top 25%--16.99 percent
Top 50%--14.66 percent
Bottom 50%--3.21 percent

Looks like the rich and middle-class are getting hit pretty well.

Quote from: Larkinn
pssst...thats cause they have all the money.

Quote from: dilloduck
Bingo--you think they should be punished some more because they are successful .

Quote from: Larkinn
Umm, nice assumption but unfortunately a bit off the mark.

I think someone has to pay taxes, and gee it might as well be the people with all the money.   

Taxing the poor is like going fishing in Nevada.




Title: Re: USMB: Who Actually Pays The Taxes??
Post by: djones520 on October 26, 2008, 01:37:02 PM
Quote
Quote from: Larkinn
Umm, nice assumption but unfortunately a bit off the mark.

I think someone has to pay taxes, and gee it might as well be the people with all the money.   

Taxing the poor is like going fishing in Nevada.

Nevada has some pretty damn good fishing dumbass.

What amazes me in the first place is that these people have the concept that taxes need to be increased.  They don't.  We just need to cut frivolous spending.  Cut out plans that are proven to have no effect.  Get rid of all the pork.  All of that shit, and the taxes we bring in already will be to much as it is.
Title: Re: USMB: Who Actually Pays The Taxes??
Post by: Chris_ on October 26, 2008, 02:14:37 PM
These dumshits don't realize that taxing is a disincentive to make money and to investment.

Trust me, if the worst happens and the messiahfuhrer wins, there will be double digit unemployment and inflation within a few months.  Not counting the guaranteed terrorist attack.

These people don't know jack shit about economics, nor even the nature of capital.
Title: Re: USMB: Who Actually Pays The Taxes??
Post by: MrsSmith on October 26, 2008, 03:01:15 PM
These dumshits don't realize that taxing is a disincentive to make money and to investment.

Trust me, if the worst happens and the messiahfuhrer wins, there will be double digit unemployment and inflation within a few months.  Not counting the guaranteed terrorist attack.

These people don't know jack shit about economics, nor even the nature of capital.

Just like in the European countries they envy and emulate.
Title: Re: USMB: Who Actually Pays The Taxes??
Post by: BlueStateSaint on October 26, 2008, 04:52:42 PM
These dumshits don't realize that taxing is a disincentive to make money and to investment.

Trust me, if the worst happens and the messiahfuhrer wins, there will be double digit unemployment and inflation within a few months.  Not counting the guaranteed terrorist attack.

These people don't know jack shit about economics, nor even the nature of capital.


That's why most of the people who voted for "change" will want more change in the government, as all they will have left after the Obamessiah's spending increases go through will be "change"--pocket change.
Title: Re: USMB: Who Actually Pays The Taxes??
Post by: Chris_ on October 26, 2008, 05:16:53 PM
That's why most of the people who voted for "change" will want more change in the government, as all they will have left after the Obamessiah's spending increases go through will be "change"--pocket change.

And the change they can get selling pencils on the street since they won't have jobs.
Title: Re: USMB: Who Actually Pays The Taxes??
Post by: SSG Snuggle Bunny on October 26, 2008, 05:22:07 PM
Quote
Umm, nice assumption but unfortunately a bit off the mark.

I think someone has to pay taxes, and gee it might as well be the people with all the money.   

Taxing the poor is like going fishing in Nevada.
Hey shitbag.

If the rich have to pay them what makes the poor think they have a right to demand them?