The Conservative Cave
Current Events => The DUmpster => Topic started by: ScubaGuy on September 27, 2010, 08:10:57 AM
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WTF???? (http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x9206108#9207819)
Jack_DeLeon (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sun Sep-26-10 07:54 PM
Original message
How about taxing income per hour instead of per year?
I got a better paying job, but I also choose to keep my other job. So during part of the week I'm working longer days so I can pay off my debts and save some money too.
My annual income will be jumping up and I might actually get to pay taxes this year. lol.
I was just thinking tax wise how is it fair that someone who chooses to or has to work two jobs, long hours, or even overtime has to pay as much taxes as someone who only works one job or even part time but gets paid a whole lot for it.
Now I understand what you're trying to do. You're getting more per year and now you have to pay taxes. I though taxes were patriotic and the cost of living in a society.
jtuck004 Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sun Sep-26-10 07:56 PM
Response to Original message
1. How bout we start taxing capital gains at 39%? Leave yours alone... n/t
The DUmmie dream society. Everybody pays their 'fair' share, except me.
AnArmyVeteran Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Sep-27-10 12:41 AM
Response to Original message
10. Tax 'productive income' at 0-5%, but 'unproductive income' at 75-90%!!! Updated at 12:41 AM
This is a first draft of a new tax program that I feel would change the way people are rewarded for their actual contributions to society, and how those who produce nothing for society would be prevented from amassing unlimited amounts of money.
Non productive tax plan.
Everyone who has a real job where they put in 40 hours a week or more would only be taxed at 5% if they made over $150,000.
A person who did not work and produced no products beneficial for society should be taxed at at minimum tax of 75% on all money made with static money that is just hoarded or in current low capital gains tax accounts.
Money should be taxed depending on whether it was 'working money' or it was 'static money' (non-productive money). Those who earn 'working money' because their money is constantly being reinvested into our society should be taxed at an extremely low rate. Millionaires and billionaires who have their money hidden away in non-productive accounts where their money is not being immediately reinvested into society should be taxed at a minimum rate of 75%.
Each of the Walton clan who each own more than 22 billion just for squirming out of their momma's womb would have all of their wealth that is in static accounts taxed at a an even higher tax rate of 90% because their fortunes are sitting in vaults or off shore accounts increasing in value while the Walton clan is producing nothing for society. Any money not immediately reinvested in hiring néw workers or building be businesses should be considered purely 'non-productive' income and taxed at the maximum amount of 90%. With this 'Walton Example' each heir of Sam Walton would still get to retain 10% of their wealth, or a staggering $2.2 billion dollars, still not bad for Deadbeats who do not produce anything for society.
To ensure the average worker, whose income is based entirely on his labor (or his productivity and contributions to society) shall be allowed to have his savings in a government protected savings accounts that is completely untaxed up to a million dollars because all of his income was earned from labor and not by sitting on his ass and getting huge capital gains windfalls for doing absolutely nothing for society. Those who saved 'working & productive' money would only be taxed when their retirement incomes exceeded $1 million dollars. But because they actually earned their money through hard work their tax rate would only be 5% for the first $100,000 over one million and 5% for each additional $100,000 over a million dollars.
If all taxes were taken from non-productive accounts from the deadbeat rich the poor and middle classes would only pay taxes on any money made over a threshold of $150,000 per person and $300,000 per couple.
All of the taxes explained above would have no impact on Social Security investments because all workers who contributed to that savings plan would receive all of the money they put into the SS program, including interest for having their 'productive income' in the account. Their income would be considered 'productive money' because it was earned from the sweat and toil of the average worker whose efforts actually helped to build this country and help society.
The new 'non productive' tax would also be known ad the Deadbeat Rich tax, because unless they actually earn the money they acquire through actual work it will be taxed to the fullest extent of this new tax law.
This new tax plan would lead to economic prosperity for our entire society because working income would be taxed an an extremely low rate, while the lazy deadbeat rich would have all of their 'unproductive income' taxed at a minimum of 90%. This new tax law would prevent the laziest deadbeats in our country from acquiring huge amounts of wealth for doing nothing productive, and it would reward the hardest working people by allowing them to keep most, if not all, of their money earned by actual labor which is essential to a healthy growth of our economy and to the financial security of those who actually have done the work to build our country. This law would reverse the outrageous income disparity between the rich and poor and income would be based on hard work and merit instead of those having the best tax lawyers and the most secret offshore tax shelters.
Without a drastic change in the way wealth is accumulated our country is doomed to be eventually owned by a handful of the laziest deadbeats in our country, while those who produced the most for society would continue their downward financial slide into total poverty and become nothing more than slaves to the ruling class of the Deadbeat Rich.
The fake army DUmmie gets my vote for DUmmie of the year.
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This is a first draft of a new tax program that I feel would change the way people are rewarded for their actual contributions to society, and how those who produce nothing for society would be prevented from
amassing unlimited amounts of recieving any money whatsoever.[/color]
Hey DUmmie....I like that idea.
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Without a drastic change in the way wealth is accumulated our country is doomed to be eventually owned by a handful of the laziest deadbeats in our country
This from a DUmmy??? :rotf:
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Without a drastic change in the way wealth is accumulated our country is doomed to be eventually owned by a handful of the laziest deadbeats in our country
This from a DUmmy??? :rotf:
Don't know what they own but that handful of the laziest deadbeats(DUmmies) are the cause of half or more of the national debt.
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His annual salary is going to raise and he might have to pay taxes?
What's this guy make? $5,000/yr?
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How about taxing income per hour instead of per year?
WTF?
I work 36 hours/week, but I'm paid a "shift premium" that makes my weekly pay about the same as those working a regular 40 hour week. This DUmmie thinks I should pay more in taxes because of my higher hourly rate? Sorry, the company does this to make up for the fact that I give my weekends up and have to work 12 hour days.
Does this DUmmie also think overtime pay should be taxed at a higher rate?
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AnArmyVeteran
Everyone who has a real job where they put in 40 hours a week or more would only be taxed at 5% if they made over $150,000.
A person who did not work and produced no products beneficial for society should be taxed at at minimum tax of 75% on all money made with static money that is just hoarded or in current low capital gains tax accounts.
The stupidity of the primitives constantly amazes me, but this idiot is skating towards an award this year.
They have no concept that the overwhelming majority of income made from capital gains and/or tax free bonds are the monies of elderly widow women. Do these idiots really believe that Congress is going to mess with the income of the grey panther crowd, especially that of older women? Apparently, many of them are that kooky.
.
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If all taxes were taken from non-productive accounts from the deadbeat rich the poor and middle classes would only pay taxes on any money made over a threshold of $150,000 per person and $300,000 per couple.
Typical DUmmie doesn't realize that the only non-productive money is money held in a home safe or safety deposit box. The wealthy people are not Scrooge McDuck, and their investments keep millions of people working and paying taxes.
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I swear It must hurt to be dumber than a rock. I know 6 yr olds with more functioning gray matter than the avg dummie.
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I swear It must hurt to be dumber than a rock. I know 6 yr olds with more functioning gray matter than the avg dummie.
After you've stuffed that much stoopid in a pinhead, you can't expect it to function.
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WTF are "non-productive accounts"?
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WTF are "non-productive accounts"?
To me , they are the accounts operated by states to give welfare recipients their debit cards. :-)
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I swear It must hurt to be dumber than a rock. I know 6 yr olds with more functioning gray matter than the avg dummie.
Sister Eileen in the fourth grade had a different perspective: No brain, no pain, she used to say to me all the time... :-)
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So, an exempt employee who works 60-80 hours per week could potentially pay less in taxes than a worker who is paid hourly with overtime, shift pay, or doubletime. Wonder how the DUmmies would react to that...
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I swear It must hurt to be dumber than a rock. I know 6 yr olds with more functioning gray matter than the avg dummie.
My (almost) three-year-old has more functioning grey matter than the average DUmor.
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Jack_DeLeon (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sun Sep-26-10 07:54 PM
Original message
How about taxing income per hour instead of per year?
I got a better paying job, but I also choose to keep my other job. So during part of the week I'm working longer days so I can pay off my debts and save some money too.
My annual income will be jumping up and I might actually get to pay taxes this year. lol.
I was just thinking tax wise how is it fair that someone who chooses to or has to work two jobs, long hours, or even overtime has to pay as much taxes as someone who only works one job or even part time but gets paid a whole lot for it.
No sure about you guys/gals, but after reading this post, I want to punch this dude in the face! Hey Jack why don't you "jack-off" you DUmmie!! :bird: :censored:
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i tried to figure out WTF that so called 'tax plan' was...I admit my reading/comprehension skills are the suxor now, but I couldn't figure it out.
Anyone care to explain it to me(or will it just give me a headache)
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Why is it that all these people that are actually FOR taxing us...either don't make enough to owe any taxes or are so wealthy they stopped paying taxes long ago because they are living off of the interest?
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i tried to figure out WTF that so called 'tax plan' was...I admit my reading/comprehension skills are the suxor now, but I couldn't figure it out.
Anyone care to explain it to me(or will it just give me a headache)
The simple explanation of all DUmmie tax plans:
My tax rate - 0%
Everybody else - 100%
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My (almost) three-year-old has more functioning grey matter than the average DUmor.
My office chair has more functioning grey matter than the average DUmor.
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The simple explanation of all DUmmie tax plans:
My tax rate - 0%
Everybody else - 100%
What a wanker...
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My (almost) three-year-old has more functioning grey matter than the average DUmor.
I've flushed things that has more functioning grey matter than the average DUmor.
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My head keeps spinning on "unproductive accounts."
Where does this goober think the money his mama borrowed to pay for his failed rehab/college/braces/first car came from?
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Without a drastic change in the way wealth is accumulated our country is doomed to be eventually owned by a handful of the laziest deadbeats in our country
If that's the case, shouldn't the DUmbasses be controlling all the money???
Does this DUmmie also think overtime pay should be taxed at a higher rate?
It has been my experience it does! Usually puts ya into a higher tax bracket on that particular paycheck!
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If that's the case, shouldn't the DUmbasses be controlling all the money???
It has been my experience it does! Usually puts ya into a higher tax bracket on that particular paycheck!
For the first few years I worked at my current job, they would let us go tax on OT pay twice a year. I don't know what changed to make them stop doing it.
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Does this DUmmie also think overtime pay should be taxed at a higher rate?
Essentially, it is, given the fact that the OT pushes one into a higher tax bracket and therefore that pay is taxed at a progressively higher rate. If I work only straight time in my two weeks, I'm "contributing" about 32 percent of my pay to the federal government (not including the 7.65 percent SSI/Medicare tax my employer has to kick in). Above that, I'm paying in excess of 40 percent federal tax/Social Security/Medicare taxes. At least I'm not paying state taxes on top of that.
but 'unproductive income' at 75-90%!
What exactly is "unproductive", DUmmies? You mean investment income? Dividends on stock? You **do** realize that without us "evil greedy Rethuglican fundies" investing in companies vis-a-vis the purchase of stocks, your job might very well not exist?
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Does anybody recall exactly when they learned these basic building blocks of American commerce? I seem to recall in school, a teacher telling us how to fill out a check. Otherwise, I think it was my parents and them alone who schooled me in this very basic stuff. Public schools strike again. (and my school was halfway decent).
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Does anybody recall exactly when they learned these basic building blocks of American commerce? I seem to recall in school, a teacher telling us how to fill out a check. Otherwise, I think it was my parents and them alone who schooled me in this very basic stuff. Public schools strike again. (and my school was halfway decent).
I took accounting in my sophomore year. My other sybs were schooled by mama on how to fill out a check. It's not like it's rocket science! Keepin' the damn thing balanced is "women's" work! Hehehehehehehehe!!!!
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I took accounting in my sophomore year. My other sybs were schooled by mama on how to fill out a check. It's not like it's rocket science! Keepin' the damn thing balanced is "women's" work! Hehehehehehehehe!!!!
Heck now a days with online banking and smart phones no one has any excuse for not knowing to the penny how much they have in any bank anywhere.