Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
If we are talking about A and you start talking about B that does not make you right, it makes you unable to follow a normal conversation.
Anyway, You will respond to this with some smug, ignorant remark and feel satisfied. It must be nice to so ignorant. Have fun, kid.
Here's the conversation:
Quote:
Originally Posted by plates
So Mitt's effective tax rate of 14% (which his accountants had to tweak to get there) is more than an average American's tax rate of over 25%. Let's not forget that Mitt Romney paid nearly as little as possible in income taxes.
So according to you 14 > 25+.
Quote:
Originally Posted by InformedConsent
The average American had an effective federal tax rate (income and payroll taxes) of 11.21% or less. That's LESS than Mitt paid. In fact, the bottom 90% paid LESS than Mitt did...
Taking the IRS data on KNOWN average effective federal income tax rates for each income group:
Top 1% pays an effective federal income tax rate of 24.01%
Top 5% pays a rate of 20.46%
Top 5-10% pays a rate of 11.36%
Top 10-25% pays a rate of 8.25%
Top 25-50% pays a rate of 5.56% IRS: Effective Federal Income Tax Rates By Income Level
Let's add the 5.65% (4.2% SS + 1.45% Medicare) payroll tax to all of the bottom 90%, all the while acknowledging that many of those in the top 10% ALSO pay payroll taxes. The average total effective federal taxrates of the bottom 90% would be:
Top 10-25% pays a rate of 13.90%
Top 25-50% pays a rate of 11.21%
Bottom 50% pays a rate of 7.5% (1.85% effective federal income tax rate + 5.65% payroll tax)
NONE of the bottom 90% has an average total effective federal tax rate that is more than the 15% capital gains tax rate.
And furthermore, the capital gains earnings were ALREADY TAXED at the corporate level whereas employees' salaries are tax deductible as a business expense which is NOT taxed at the corporate level.
Where did you get lost? At what point were you no longer able to comprehend facts?
No, it's because Obama has insisted on attacking the actual contributors for the past 3.5 years, and we're sick of it. We pay. The low and middle income earners don't. Make them pay, too. Quit freeloading. Everyone pay their fair share. That means EVERY INCOME EARNER pays.
Can you explain when Cinton was taxing the hell out the wealthy the country was thriving? There has been a greater disparity in the last ten years between rich and poor with there being more millionaires and billionaires than any other time in this country, but yet they are under attack
It is unbelievable when people say "giving money to the wealthy". It was their money in the first place!
Deregulation of certain corperations would be like giving money to the wealthy, by allowing them to make cuts to environmental issues as well screw their workers they will be able to make billions.
And by the way, they DO PAY ALOT in taxes. Do you even know or understand our progressive tax system. Obama knows you don't and this is exactly why he is using you for his class warfare. Obama used class warfare as a tool to divide Americans. Obama is using politics of division in a desperate attempt to get elected in the fall.
Do you know what the term "wealth disparity" is, Obama did not create it. This is something that has been growing for a couple of decades and as now became really noticeable because it is destroying the middleclass. Pretending that it does not exist does not make it so. The policies that the teabaggers are trying to implement is actual class warfare by attacking minorities, women, muslims and gays not to mention the poor and elderly.
Exactly, so many people NOT paying taxes and expecting other people to carry everyones share. At least the working poor have the decency to work but don't be so easy to buy into class warfare hype because in the end it is the middle class who will get hurt the most if this continues.
So many(?) people are not paying taxes is because they are sick, retired and are on SS, too young, do not make enough or do not have a job and therefore live off of their investments. This is assuming that you are talking about federal income taxes or wage taxes, if not you are wrong because everyone pays some sort of tax.
2 MINUTES OF THIS VIDEO WAS CUT.. CBS/NBC AT IT AGAIN!! but wouldn't you think that 47% on assistance would be so pissed off living in poverty and dependant on obama hand out that they'd vote romney? He made his fortune employing millions not destroying millions..
If whatever that you are smoking is legal you can sell it and make millions! mitt is a corperate raider, meaning he buys companies raids their retirement and whatever resources that they have use the company as equity and sell it for a profit for his investors. This whole process weakens the company and in many cases they go bankrupt and layoff thousand of people. The only people that he would responsible for employing directly are the jobs that were forced overseas and indirectly are the hired hands for his wealthy investors.
I agree but now you got the righties now saying all the polls are rigged, that in conjunction with all their newly installed id laws that are nothing more than a voter suppression campaign and other win at all costs questionable tactics and not knowing if they've got the electronic voting or counting systems bought off we wont really know who's the winner till after the election.
The upcoming debates will be fun to watch but i cant see them changing any ones mind on who they are going to vote for, from what i read on this forum if one candidate trounces the other in the debates i doubt some will jump ship and now vote for the winner of the debates,i'd say every one has made up their minds on who they gonna vote for and the debates are just a media sideshow...
Taking a page from the grammar Nazi's I fixed your spelling.
Romney is right.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.