How can I help end tax cuts for the rich? (brainwash, school)

[padcrasher]

Originally Posted by BigJon3475

No one is arguing with tax cuts for the middle class. What your side is attempting to do is claim that a certain part of our society doesn't deserve even less than the middle class' percentage of their income.

No kidding? Marginal tax rates on the highest earners was much much higher in the past. That is a fact. So cry me a river.

http://yglesias.thinkprogress.org/20...tes_over_time/

So what's the difference today? Middle class white men don't have the spine to stick up for their families.

[workingclasshero]

Originally Posted by RobinsonCrusoe

Ok, I've been hearing this a few times and I admit I didn't know this. Is there a source you can point me to that can verify this?

Major Individual Income Tax Provisions

Increase of the size of 15 percent rate bracket for married filers to double that of unmarried filers (sec. 1(f)(8) and sec. 901 of Pub. L. No. 107-16).

Increase of the standard deduction for married filers to double that of unmarried filers (sec. 63(c)(2)(A) and sec. 901 of Pub. L. No. 107-16).

Reduced capital gain rates for individuals (secs. 1(h)(1)(B), 1(h)(1)(C), 55(b)(3)(B), 55(b)(3)(C), 57(a)(7), 1445(e)(1), 7518(g)(6)(A) and sec. 102 of Pub. L. No. 109-222).

Dividends of individuals taxed at capital gain rates (secs. 1(h)(11), 163(d)(4)(B), 854(a), 854(b) and 857(c) and sec. 102 of Pub. L. No. 109-222).

Ten percent individual income tax rate (sec. 1(i) and sec. 901 of Pub. L. No. 107- 16).

----snip----

The Tax Foundation - List of Tax Provisions Scheduled to Expire on December 31, 2010


I would post the whole thing except the rules on the forum prevent it


The 10% tax bracket will expire, reverting to 15%
The child tax credit will fall from $1,000 to $500
The tax rate on long-term capital gains earned by middle- and upper-income people would rise from 15% to 20%
The tax rate on qualified dividends earned by middle- and upper-income people would rise from 15% to ordinary wage tax rates
The 25% tax rate would rise to 28%
The 28% rate would rise to 31%
The 33% rate would rise to 36%
The 35% rate would rise to 39.6%

[workingclasshero]

Originally Posted by padcrasher

No kidding? Marginal tax rates on the highest earners was much much higher in the past. That is a fact. So cry me a river.

[.

yes and those 'higher' rates were before all the modern additional taxes

I make 60k, and my property taxes are over 10k....thats 20% of my gross right there

[BigJon3475]

Originally Posted by padcrasher

No kidding? Marginal tax rates on the highest earners was much much higher in the past. That is a fact. So cry me a river.

Yglesias » Top Marginal Tax Rates Over Time

So what's the difference today? Middle class white men don't have the spine to stick up for their families.

You're a sad example of a race propagandist who doesn't seem to understand the changing world around you.

If deregulation and lower taxes was the only way why is the rest of the world, after Reagan, moving towards deregulation and lower taxes and at the same time privatization?

[BigJon3475]

Originally Posted by workingclasshero

yes and those 'higher' rates were before all the modern additional taxes

I make 60k, and my property taxes are over 10k....thats 20% of my gross right there

You seem to be growing. That means you should be taxed in to submission. Sorry for your luck..

[padcrasher]

Originally Posted by shorebaby

I am sure you would like a 4% pay cut. Ultimately it will decrease economic activity. I don't understand the wealth envy?

Look Pal. I live in Southlake Texas with an above average income. Google Southlake Texas and Forbes........When I lived on the Upper East Side in NYC I would occasionally go to Hoboken to go bar hopping on your filthy streets. So you can cut the jealousy schtick.

I'm perfectly content with my income and the income of others. I just don't like people getting suckered by right wing rhetoric.

[Guamanians]

Originally Posted by RobinsonCrusoe

wait, but that makes no sense. if they themselves are middle class, why would they vote for things that damage themselves?

lower taxes = more $$$ in the pockets of Americans. It really is that simple
Anyone who tells you that they are FOR higher taxes is either crazy, or they don't pay much tax anyway.
Why would a sane person give willingly to a gov't that does not spend tht money wisely? If you had the choice to buy a hamburger for $2, or send the gov't $4 for the same thing?

[shorebaby]

Originally Posted by padcrasher

Look Pal. I live in Southlake Texas with an above average income. Google Southlake Texas and Forbes........When I lived on the Upper East Side in NYC I would occasionally go to Hoboken to go bar hopping on your filthy streets. So you can cut jealousy schtick.

I'm perfectly content with my income and the income of others. I just don't like people getting suckered by right wing rhetoric.

It's not schtick you are showing your jealously right now. Perhaps you couldn't cut it in the tristate area. Anyway it is clear you don't like the truth.

By the way it is clear you haven't been to beautiful Hoboken lately.

[Guamanians]

Originally Posted by padcrasher

No kidding? Marginal tax rates on the highest earners was much much higher in the past. That is a fact. So cry me a river.

Yglesias » Top Marginal Tax Rates Over Time

So what's the difference today? Middle class white men don't have the spine to stick up for their families.

Who do you think voted in the 2010 mid-terms? The middle class white man

[paladinking]

Do not tax cuts for the richs,should tax cuts for the middle income peoples, it is good for social balance...