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Old 06-01-2013, 05:27 AM
 
Location: New Orleans, La. USA
6,354 posts, read 3,656,943 times
Reputation: 2522

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Quote:
Originally Posted by lionsgators View Post
you just admitted that lowering the capital gains rates raises revenue. you also haven't tackled the fact that `100,000,000 americans are affected by this tax.
Cutting capital gains rates reduces revenues over the long run. That’s the conclusion of the federal government’s official revenue-estimating agencies, as well as outside experts and the Bush Administration’s own Treasury Department.

Policy Points: Experts Agree That Capital Gains Tax Cuts Lose Revenue — Center on Budget and Policy Priorities

 
Old 06-01-2013, 05:27 AM
 
6,073 posts, read 4,755,703 times
Reputation: 2635
Quote:
Originally Posted by chad3 View Post
Heres Forbes saying W. Buffet has a 11% tax rate.
Warren Buffett's Effective Federal Income Tax Rate Was Just 11% - Forbes

Dick Cheney has a 13% tax rate.
http://www.ctj.org/pdf/bushchen.pdf



These sources clearly show someone making 90,000 has a 28% tax rate.
Tax Brackets (Federal Income Tax Rates) 2000 through 2013
Updated: 2013 Federal Income Tax Brackets And Marginal Rates


Warren Buffet has a 11% tax rate.
Americans who make $90,000 a year have a 28% tax rate.
repeating yourself doesn't make it any less absurd. justify how the one paying $170,000,000 isn't paying their "fair share."
 
Old 06-01-2013, 05:29 AM
 
6,073 posts, read 4,755,703 times
Reputation: 2635
Quote:
Originally Posted by chad3 View Post
Cutting capital gains rates reduces revenues over the long run. That’s the conclusion of the federal government’s official revenue-estimating agencies, as well as outside experts and the Bush Administration’s own Treasury Department.

Policy Points: Experts Agree That Capital Gains Tax Cuts Lose Revenue — Center on Budget and Policy Priorities

um, do you seriously think I, or anyone else for that matter, respects the opinion of the federal government? they are foaming at the mouth at the prospect of taxing the hell out of the poor and middle class's retirement funds. it makes them more dependent. liberal hatred of the poor is shameful.
 
Old 06-01-2013, 05:31 AM
 
Location: New Orleans, La. USA
6,354 posts, read 3,656,943 times
Reputation: 2522
Quote:
Originally Posted by lionsgators View Post
speaking of jokes, these are your claims.

someone making $90,000 pays 30% in federal taxes.
someone making a billion dollars pays a measly 17% in federal taxes.

in other words, one person pays $27,000 in taxes, while the other person pays $170,000,000 in taxes. perhaps you're right. this is unfair.

So you're saying billionaires and those who make $100,000 a year, should send the same size check to the IRS.

In order for Bill Gates to pay $27,000 a year in taxes, what would his tax rate have to be ??

A better question is, how low should we make billionaires tax rates to make things fair ??
 
Old 06-01-2013, 05:34 AM
 
Location: New Orleans, La. USA
6,354 posts, read 3,656,943 times
Reputation: 2522
Quote:
Originally Posted by lionsgators View Post
um, do you seriously think I, or anyone else for that matter, respects the opinion of the federal government? they are foaming at the mouth at the prospect of taxing the hell out of the poor and middle class's retirement funds. it makes them more dependent. liberal hatred of the poor is shameful.
I forgot we can only trust Fox news and Rush radio.

We can not trust economists who work for the government (they are part of the communist conspiracy plot, that Fox news and Rush radio talks about.)
 
Old 06-01-2013, 05:34 AM
 
4,738 posts, read 4,436,809 times
Reputation: 2485
Quote:
Originally Posted by the mask View Post
Do you think the socialist turd in the WH and the left will learn that socialism doesn't work---"NO"

Record unemployment, low inflation underline Europe's pain | Reuters

The inability to properly dissect and understand the issues with Europe and how that relates to United States seems to be a huge weakness on this board by some ideological posters.

Normally this is under the guise of "socialism" a term that seems little understood (or little relevance) to the issues at hand.


1) Europe's 12.2% unemployment isn't that far off from United States unemployment, especially if you factor in how we count disability

2) Countries like Italy and Greece have huge issues with corruption/tax evasion/etc. . .


3) I do agree that the worker protections (not exactly socialism) in France and some other European companies hinders hiring. I.e. its too expensive to hire, if you guarantee so much


Yet these factors aren't socialism. Socialism would require government ownership (the people) of the industries (aka Soviet Russia). That isn't happening here. . .at least to a huge extent.


but alas I suppose the term socialism is used more as a weapon or blunt force object to strike out against people you don't like, not an actual relevant name for a economic system.
 
Old 06-01-2013, 05:35 AM
 
6,073 posts, read 4,755,703 times
Reputation: 2635
Quote:
Originally Posted by chad3 View Post
So you're saying billionaires and those who make $100,000 a year, should send the same size check to the IRS.

In order for Bill Gates to pay $27,000 a year in taxes, what would his tax rate have to be ??

A better question is, how low should we make billionaires tax rates to make things fair ??
I think a better question is "so you're saying that $27,000 and $170,000,000 are the same sized check?" hope you don't work in accounts payable. $170,000,000 is low?
 
Old 06-01-2013, 05:37 AM
 
6,073 posts, read 4,755,703 times
Reputation: 2635
Quote:
Originally Posted by chad3 View Post
I forgot we can only trust Fox news and Rush radio.

We can not trust economists (they are part of the communist conspiracy plot that Fox and Rush talk about.)
what is "rush radio?" and what is "fox news?" is it a news channel specifically for foxes? or is it a news channel that employs good looking women? I'll have to check it out some time. meanwhile, you have some math errors to explain.
 
Old 06-01-2013, 05:40 AM
 
Location: New Orleans, La. USA
6,354 posts, read 3,656,943 times
Reputation: 2522
Quote:
Originally Posted by lionsgators View Post
I think a better question is "so you're saying that $27,000 and $170,000,000 are the same sized check?" hope you don't work in accounts payable. $170,000,000 is low?
Like Fox news and Rush radio say,

"Only the rich pay taxes."
"The rich made all the right choices."
 
Old 06-01-2013, 05:43 AM
 
6,073 posts, read 4,755,703 times
Reputation: 2635
Quote:
Originally Posted by chad3 View Post
Like Fox news and Rush radio say,

"Only the rich pay taxes."
"The rich made all the right choices."
is that where you get your news? if so, you might consider a new source.
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