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Anyone who thinks the higher income brackets don't pay their "fair share" of tax is either delusional or is purposely trying to mislead others.
I suppose in Greg's socialist dream world people like me should be paying for the 40+ million who don't pay any federal tax. Because not having a flat rate is fair right?
Exactly. I think it is about time that those who pay NO federal income taxes start paying. I find it amazing that so many people are ok with those who pay zero federal income tax and in addition receive EIC, while the rest of us continue to pay even more. The same people who want the so-called rich to pay even more have no problem with the many who pay zero federal income tax.
A great quote sums it up perfectly:
"The problem with socialism is that eventually you run out of other people's money"
-Margaret Thatcher
“One of the consequences of such notions as "entitlements" is that people who have contributed nothing to society feel that society owes them something, apparently just for being nice enough to grace us with their presence.” Thomas Sowell
“Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it” Thomas Sowell
“Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.” Alexis de Tocqueville
“Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.” Winston Churchill
“Socialism: nothing more than the theory that the slave is always more virtuous than his master” Henry Louis Mencken
“Most people who read "The Communist Manifesto" probably have no idea that it was written by a couple of young men who had never worked a day in their lives, and who nevertheless spoke boldly in the name of "the workers".” Thomas Sowell
“Socialism values equality more than liberty.” Dennis Prager
“Socialism is simply Communism for people without the testosterone to man the barricades” Gary North
“For socialists, not just the wealth, but the guilt, must be redistributed” Andrew Sandlin
“One of the consequences of such notions as "entitlements" is that people who have contributed nothing to society feel that society owes them something, apparently just for being nice enough to grace us with their presence.” Thomas Sowell
“Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it” Thomas Sowell
“Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.” Alexis de Tocqueville
“Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.” Winston Churchill
“Socialism: nothing more than the theory that the slave is always more virtuous than his master” Henry Louis Mencken
“Most people who read "The Communist Manifesto" probably have no idea that it was written by a couple of young men who had never worked a day in their lives, and who nevertheless spoke boldly in the name of "the workers".” Thomas Sowell
“Socialism values equality more than liberty.” Dennis Prager
“Socialism is simply Communism for people without the testosterone to man the barricades” Gary North
“For socialists, not just the wealth, but the guilt, must be redistributed” Andrew Sandlin
“One of the consequences of such notions as "entitlements" is that people who have contributed nothing to society feel that society owes them something, apparently just for being nice enough to grace us with their presence.” Thomas Sowell
“Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it” Thomas Sowell
“Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.” Alexis de Tocqueville
“Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.” Winston Churchill
“Socialism: nothing more than the theory that the slave is always more virtuous than his master” Henry Louis Mencken
“Most people who read "The Communist Manifesto" probably have no idea that it was written by a couple of young men who had never worked a day in their lives, and who nevertheless spoke boldly in the name of "the workers".” Thomas Sowell
“Socialism values equality more than liberty.” Dennis Prager
“Socialism is simply Communism for people without the testosterone to man the barricades” Gary North
“For socialists, not just the wealth, but the guilt, must be redistributed” Andrew Sandlin
Another one to add here: "Those Who Sacrifice Liberty For Security Deserve Neither." Benjamin Franklin
People who make over $250 K a year should be paying more taxes.
stop putting the burden on the middle class and those of us who work for $10 an hour
-jeff-
Winchester, MA
Moderate Liberal
Does anyone who makes $10 an hour pay ANY federal income tax? $20,800 is the income level. A single person with no dependents and without a home is not paying much if anything at $10 per hour.
The problem is the tax burden extends to those of us making $100 per hour with the big breaks going to the elite making $1,000 per hour or more. Even bigger breaks go to the folks that live off their "property" without work.
Looks like GregW is making over $200k/year. I am sure he is paying as much taxes as possible to help the country....
Folks that live off their property? Who lives off their property? A farmer? A retireee? Maybe a landlord, but that it a business in and of itself. Maybe Greggy wants to tax people's wealth. Confiscate their wealth of people who are deemed to have too much.
“One of the consequences of such notions as "entitlements" is that people who have contributed nothing to society feel that society owes them something, apparently just for being nice enough to grace us with their presence.” Thomas Sowell
“Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it” Thomas Sowell
“Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.” Alexis de Tocqueville
“Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.” Winston Churchill
“Socialism: nothing more than the theory that the slave is always more virtuous than his master” Henry Louis Mencken
“Most people who read "The Communist Manifesto" probably have no idea that it was written by a couple of young men who had never worked a day in their lives, and who nevertheless spoke boldly in the name of "the workers".” Thomas Sowell
“Socialism values equality more than liberty.” Dennis Prager
“Socialism is simply Communism for people without the testosterone to man the barricades” Gary North
“For socialists, not just the wealth, but the guilt, must be redistributed” Andrew Sandlin
I tried to give you a rep point, but it says I must spread it around
Gross income of $20,800
6.2% or ~$1,290 would go to social security
1.45% or ~$302 would go to medicare
Standard Deduction was $5,450 (assuming not a home owner and no dependants)
Taxable income would be $13,758 (15% tax bracket)
Federal tax would be ~$1,662
They would not be elligible for the EIC for 2008.
They would receive $400 of "Make Work Pay" Tax Credit
Reducing federal tax to $1,262
"then had vantage . com?" Is that for folks who used to have a good view of the lake? j/k
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