The Conservative Cave
Current Events => The DUmpster => Topic started by: thundley4 on September 20, 2011, 12:45:01 PM
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FLyellowdog (1000+ posts) Tue Sep-20-11 01:40 PM
Original message
How do we respond to this?
Are millionaires actually paying taxes at a higher rate than the middle class? This makes it seem so.
I don't understand all I know about it.
http://www.foxnews.com/politics/2011/09/20/irs-data-show-most-millionaires-pay-taxes-at-higher-rate-than-middle-class/?cmpid=cmty_fb_Gigya_IRS_Data_Show_Most_Millionaires_Pay_Taxes_at_Higher_Rate_Than_Middle_Class
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1971538
No replies yet, but let me guess.
FOX LIES
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FLyellowdog 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 Tue Sep-20-11 01:40 PM
Original message
How do we respond to this?
Are millionaires actually paying taxes at a higher rate than the middle class? This makes it seem so.
I don't understand all I know about it. :shrug:
http://www.foxnews.com/politics/2011/09/20/irs-data-show-most-millionaires-pay-taxes-at-higher-rate-than-middle-class/?cmpid=cmty_fb_Gigya_IRS_Data_Show_Most_Millionaires_Pay_Taxes_at_Higher_Rate_Than_Middle_Class
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1971538
Zax2me (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 Tue Sep-20-11 01:43 PM
Response to Original message
1. Well, not clicking on your link because it is a fox link.
But the top .2 percent earners do pay 20% of all income taxes.
Whether that is a fair share or not.....
FarLeftFist (1000+ posts) Journal Click to send private message to this author Click to add this author to your buddy list Click to add this author to your Ignore list Tue Sep-20-11 01:44 PM
Response to Original message
2. Should rich people complain that they're not richer?!
Especially during these times? Maybe they need a reality check.
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Zax2me (1000+ posts) Tue Sep-20-11 01:43 PM
Response to Original message
1. Well, not clicking on your link
Predictable.
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1. Well, not clicking on your link because it is a fox link.
Yay, that's the way to get fair and balanced news. Avoid all links that may not correspond to your way of thinking! :loser:
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A DUmmys thought process begins and ends with "Gimme".
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I believe that this is a dupe thread.
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Here is a link you can read DUmmies: LINK (http://news.yahoo.com/fact-check-rich-taxed-less-secretaries-070642868.html)
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FarLeftFist (1000+ posts) Journal Click to send private message to this author Click to add this author to your buddy list Click to add this author to your Ignore list Tue Sep-20-11 01:44 PM
Response to Original message
2. Should rich people complain that they're not richer?!
Especially during these times? Maybe they need a reality check.
Well in the case of rich democrats that appears to be true. Why else would Warren Buffet be fighting the IRS? The problem with you guys is you're easily duped. If someone utters the appropriate left wing talking points you never look deeper to see if they actually practice what they preach.
Cindie
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http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1971538
No replies yet, but let me guess.
FOX LIES
[youtube=425,350]http://www.youtube.com/watch?v=TZ0dJM3h-tE&feature=related[/youtube]
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Flat Tax. Problem solved.
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DUmmie reality check: That which comes in the mail at the end of the month.
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Flat Tax. Problem solved.
You'd never get them to agree to that. It would demolish the democrat party. It would also mean the IRS would be much smaller (well except the health care division) thus saving the citizens more money.
Cindie
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You'd never get them to agree to that. It would demolish the democrat party. It would also mean the IRS would be much smaller (well except the health care division) thus saving the citizens more money.
Cindie
Already been suggested. I can't remember his name but he was the head of the IRS under Ford. He mentioned that good number of jobs would be lost both from private practice and government. He had some numbers for rent/lease/etc. that the IRS pays that were even then astronomical. Ain't going to happen, you can't sell/trade special favors for money/donations.
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You'd never get them to agree to that. It would demolish the democrat party. It would also mean the IRS would be much smaller (well except the health care division) thus saving the citizens more money.
Cindie
As proof of what Cindie says.
KharmaTrain (1000+ posts) Tue Sep-20-11 02:12 PM
Response to Original message
11. Broad Brushes Rarely Paint Accurate Pictures...
A lot depends on how the money is earned...through income or capital gains and then what deductions are included. The tax game isn't a level playing field...just note the difference if you're married or not or if you own a home.
Those with larger incomes do pay more...but also the pinch they feel is a lot less. Let say someone who earns $1,000,000 is taxed at 35% (no deductions)...they, in theory, would pay 350,000 in taxes. If they actually did they're fools. Still, they would have 750gs left...compared to someone who earns 100gs and pays 28%...that 28,000 is gonna be felt a lot further. So, yes they can pay more, but the bite is far less.
Also, this talking point forgets to take into account payroll taxes, property taxes, sales taxes and the like that everyone pays. While a person earning $30k a year may not pay much in income taxes, they still pay full freight on their property, SSI and other taxes that aren't counted.
To which my response is "So what" while a liberal screams "It isn`t fair :bawl: :bawl:".
The bottom line is always the same,they want to be non producers of any kind yet live the life they think they are entitled to.
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http://www.rushlimbaugh.com/home/daily/site_092011/content/01125106.guest.html
So you don't have to click the link ::) here's some snippets!
The, quote, unquote, rich are starting to fight back and defend themselves. I have to be honest with you. Last night Ted Baxter was superb on this. Ted Baxter had one of the best shows that he's ever had. And then Hannity came on, and then Greta, and everybody I watched, other than, of course, MSNBC, even CNN was getting this right. It's like when I say, show prep for the rest of the media. Folks, this doesn't have a prayer anymore. It used to be that a liberal Democrat would come out with this kind of nonsense, and we would have to sit and honestly worry about what are the chances, A, enough people are gonna buy this to see to it that it passes. We don't have that concern.
After he delivered this debacle of a speech yesterday, he then went to a fundraiser in New York where the price for admission was $38,500. Five thousand of that to Obama, the rest to the Democrat National Committee. And some people who were invited to this, rich liberals, were caught outside going, "What do you think of all this?" They started laughing, everybody knows that's not gonna pass, that's just a bumper sticker yesterday. Even the people walking into the fundraiser to ostensibly support the guy are laughing at him and not taking what he's saying seriously. And folks, I think it's an important thing that Bill O'Reilly got it right, because as everybody knows, he has more power than anybody other than the president, and he was great on this last night. And frankly it's heartwarming to see.
I don't feel like a lone wolf anymore. I don't feel like a lone voice because the whole point of all this is to defeat it, the whole point is to see to it that people are educated and informed and understand exactly what a total joke Obama has become, how meaningless his remarks yesterday were, how destructive, if implemented, they are. And more and more people are seeing it, and more and more people are willing to say so. I mean even O'Reilly last night was admitting that he was rich. When I said it's a shame the rich aren't fighting back, the rich were fighting back. O'Reilly was admitting being rich and he was putting in context of what all he pays and how much it's gonna cost him and what's fair and everything, and I was sitting (clapping) all right.
So there are two stories by AP today rebelling against Obama. You had the New York Times last week giving voice to all of the Democrat-by-name critics of Obama's speech on Thursday night and again of his speech yesterday. Back to the AP fact check. "The wealthiest people in America pay a lot more taxes than the middle class or the poor, according to private and government data. They pay at a higher rate, and as a group, they contribute a much larger share of the overall taxes collected by the federal government."
Somebody tell me when was the last time we saw this in the state-controlled or Drive-By Media? We have never seen it. This is the first time that we have seen liberal class envy assaulted with fact from the liberal media.
Now, normally the AP would be harping on that 1% demanding that they get soaked, maybe hung, and then new policies written to make sure it never happened again. Today, AP is defending them! And so are they being defended everywhere in the media. At the expense of who? The One! The Messiah! My gosh, folks, even David Brooks, in the New York Times, has a piece today admitting that he was a sap to buy into the false premise and promise that was Obama. Yep. He admits that he was a sap. I'll get to that as the program unfolds, but back to this AP fact-check because it gets better. "This year, households making more than $1 million will pay an average of 29.1% of their income in federal taxes, including income taxes and payroll taxes. Households making between $50,000 and $75,000 will pay 15% of their income in federal taxes."
Well, hey, they have just shot Barry Obama out of the water here. They have just taken every point that he made and they've blown it to smithereens -- and in the process, they've done the same thing to Warren "Buh-fay." "Lower income households will pay less. For example, households making between 40 and 50,000 will pay an average of 12 and a half percent of their income in federal taxes. Households making between 20,000 and 30,000 will only pay 5.7%. Obama's claim things on the fact that for high income families and individuals, investment income is often taxed at a lower rate than wages. The Tax Policy Center estimates that 46% of households mostly low and median income households will take no federal income taxes this year."
When's the last time you heard them admit that? There is even, folks... There is even... You can find it and I heard it explained on television last night exactly as happened here yesterday and as has happened every day that this subject has come up for the last 23 years. There was an explanation of the difference between capital gains income and earned income and the tax rates on both, and the fact that capital gains income has already been taxed once before as income. You have to earn the money before you invest it -- and then after you invest it, you have to keep it invested for a year if you want to claim a profit. I'm watching and reading all of this stuff and going, "Hallelujah! (clapping) Hallelujah." This how it's supposed to happen. The broad mass education of people throughout the spectrum including the Drive-By Media.
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Don't like the Fox link, DUmbasses?
How about an AP link?
http://news.yahoo.com/fact-check-rich-taxed-less-secretaries-070642868.html
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Predictable.
Those clowns over at the DUmp use the genetic fallacy all the time. It's pathetic. But not unexpected from a bunch of lazy primitives.
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As proof of what Cindie says.
To which my response is "So what" while a liberal screams "It isn`t fair :bawl: :bawl:".
The bottom line is always the same,they want to be non producers of any kind yet live the life they think they are entitled to.
I don't get this concept. If I pay 20% of my income to taxes, then it is 20% whether it be from $750,000 or $100,00.
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I don't get this concept. If I pay 20% of my income to taxes, then it is 20% whether it be from $750,000 or $100,00.
They think that if your or my 20% leaves us with say 30,000.00 after tax money then no matter what someone else makes that is all they should have too or nearly so.
Then all that confiscated money should be given out so that they actually come out ahead of the person that just had 80% of their income taken.
Why?,because it just wasn`t fair they have more to start so they must be punished.
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Oh ok, I get it now. I was just confused about the "fair" part. :thatsright:
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So, yes they can pay more, but the bite is far less.
Well, that should serve as an incentive for you to make more money, DUmbass.
They think fairness would be if a CEO, responsible for a big company with tens of thousands of employees, had takehome pay equal to what cali made delivering pots of tea to repuke customers (before her unfortunate wallduding) , or what TwixVoy made uncrating melon ballers at Target (before being fired for insubordination). The democrat motto is "tax 'em 'til their eyes bleed."
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FLyellowdog (1000+ posts) Tue Sep-20-11 01:40 PM
Original message
How do we respond to this?
Do what's natural, lie.
I know we can count on you DUmmies to do that.
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EOTE (1000+ posts) Tue Sep-20-11 01:52 PM
Response to Original message
9. Ummm, they sure as hell should.
Just look at the title of this freaking thing "IRS Data Show Most Millionaires Pay Taxes at Higher Rate Than Middle Class". Is that even a question?!? The point is that ALL of them should be paying more taxes. What that's saying is that there are some millionaires who pay taxes at a lower rate than someone making 30k per year. That's OBSCENE. ALL millionaires should be paying taxes at a higher rate than those in the middle classes and they should be paying significantly more. This just shows how incredibly skewed the debate has become.
Liar
Also liar lips, is $200k a year a millionaire?
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FLyellowdog (1000+ posts) Tue Sep-20-11 02:19 PM
Response to Reply #9
12. Duh! I should have pondered that longer.
It was a Facebook post by a teabagger "friend". Guess I should just unfriend him 'cause he confuses me. Thanks.
EOTE (1000+ posts) Tue Sep-20-11 02:33 PM
Response to Reply #12
17. I've found myself with fewer and fewer friends due to the political climate.
Anyone who'd show me an article like that in order to try and convince me that the rich are already paying their fair share would quickly find themselves unfriended.
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EOTE (1000+ posts) Tue Sep-20-11 02:33 PM
Response to Reply #12
17. I've found myself with fewer and fewer friends due to the political climate.
Riiight. That's where the problem lies. :rofl:
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Also, retired people earning very little money on their stock also pay 15% on their capital gains income, want to raise taxes on seniors DUmmie?
With DUmmies it's always feelings, they never think of unintended consequences. In their lust to stick it to "the man" they don't think about how this will affect seniors. Also the drumbeat of end the Bush tax cuts, if Obama really did that their own taxes would go up. The will not acknowledge that they got a tax cut under Bush and they expect that only the people who make more than them should have their taxes raised.
I have never seen a larger group of unthinking people congregated in one spot than i have at DU.
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Also, retired people earning very little money on their stock also pay 15% on their capital gains income, want to raise taxes on seniors DUmmie?
With DUmmies it's always feelings, they never think of unintended consequences. In their lust to stick it to "the man" they don't think about how this will affect seniors. Also the drumbeat of end the Bush tax cuts, if Obama really did that their own taxes would go up. The will not acknowledge that they got a tax cut under Bush and they expect that only the people who make more than them should have their taxes raised.
I have never seen a larger group of unthinking people congregated in one spot than i have at DU.
I'm convinced the DUmmies would happily live in filth and starve to death, just as long as the rich are brought down with them.
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I'm convinced the DUmmies would happily live in filth and starve to death, just as long as the rich are brought down with them.
It isn't wealth redistribution, but misery redistribution that they want.
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It isn't wealth redistribution, but misery redistribution that they want.
Misery does love company.
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Remember the old story of the goose that lays golden eggs?
Kinda, sorta appllies here, doesn't it?
I'm pretty happy to keep feeding that goose to get that egg.
DUmmies, not so much.
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You'd never get them to agree to that. It would demolish the democrat party. It would also mean the IRS would be much smaller (well except the health care division) thus saving the citizens more money.
Cindie
Oh, I agree. A flat tax program would solve far too many problems, at the expense of those who are paid to make them. If, for example, there was a federal flat tax of 10%, it becomes a matter of moving a decimal point one place to determine what you owe, then subtract or add any bonuses or penalties from/to the bottom line. Easy, and fair.
But not in the primitive's eyes...
They feel that since a loaf of bread will cost the same if one is rich or poor, buying that bread has a far greater impact on one who earns minimum wage than on a millionaire. And that's why the wealthy need to pay more taxes, so the government can level out the 'paying field' (heh) by subsidizing that loaf of bread for the poor person.
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Oh, I agree. A flat tax program would solve far too many problems, at the expense of those who are paid to make them. If, for example, there was a federal flat tax of 10%, it becomes a matter of moving a decimal point one place to determine what you owe, then subtract or add any bonuses or penalties from/to the bottom line. Easy, and fair.
But not in the primitive's eyes...
They feel that since a loaf of bread will cost the same if one is rich or poor, buying that bread has a far greater impact on one who earns minimum wage than on a millionaire. And that's why the wealthy need to pay more taxes, so the government can level out the 'paying field' (heh) by subsidizing that loaf of bread for the poor person.
I like the idea of a flat tax, what the libs don't understand is, if tax rates are reasonable then people would prefer to just pay the reasonable amount rather than try to find ways to get out of paying as much as they can get away with, it wouldn't be worth the time and effort.
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Arthur Laffer had a book published a couple years ago and hit the talk show circuit shortly after. He claimed that by doing away with every deduction and "loophole" in the tax code, the IRS could still retain their multiple-tiered "progressive" brackets while lowering the marginal tax rates below what the Bush tax cuts were and STILL bring in more revenue than what Obama could legislate on his own.
I'll believe one Arthur Laffer before I listen to a hundred thousand liberals, especially the ones posting at Democrat Underground.
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Yay, that's the way to get fair and balanced news. Avoid all links that may not correspond to your way of thinking! :loser:
DUmbshits THINK?!?!?!?!
Nope. Not without some serious evidence. I'll never believe it. :bs2flag:
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I'm convinced the DUmmies would happily live in filth and starve to death, just as long as the rich are brought down with them.
You don't need to be convinced, some have come right out and said so! One said, "I don't care. As long as there are no more rich people." A squalid ditch was just fine with her.
Sorry, DUmmie, I don't happen to think that's in my best interest, so whatever it is you're for, I'm fighting against.
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You don't need to be convinced, some have come right out and said so! One said, "I don't care. As long as there are no more rich people." A squalid ditch was just fine with her.
Sorry, DUmmie, I don't happen to think that's in my best interest, so whatever it is you're for, I'm fighting against.
Ditto, and H5 for the neighbor over the hills.