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Old 07-15-2014, 06:42 PM
 
11,768 posts, read 10,286,154 times
Reputation: 3444

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Quote:
Originally Posted by InformedConsent View Post
Phasing out due to eligible retirees ages, but...
Tax Topics - Topic 412 Lump-Sum Distributions
So is your answer none then?
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Old 07-15-2014, 06:45 PM
 
Location: the very edge of the continent
89,327 posts, read 45,064,230 times
Reputation: 13796
Quote:
Originally Posted by greywar View Post

Its also not always used for DEFENSE. Did you not notice the bolding.....just like yours?
What does that have to do with insurance? Absolutely nothing.

Quote:
Look are you for taxation to tax someones base income needed to survive?
Yes. Everyone should have skin in the game. Otherwise, they have no reason to care how irresponsible our elected officials are with taxpayer money. That's how we got into this mess.

There are always steps one can take to reduce their living expenses. Get roommates and share housing and utilities expenses. Walk or bicycle to work. And even a small apartment can host container gardens to grow some of one's own food. Etc., etc.

It's morally wrong to NOT pay one's fair share of the federal income tax.
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Old 07-15-2014, 06:56 PM
 
Location: the very edge of the continent
89,327 posts, read 45,064,230 times
Reputation: 13796
Quote:
Originally Posted by Lowexpectations View Post
Out if those 47% how many are solely living on SS, disability, or military disability
Not that many. About 57 million, less than 20%, are on SS or SSI, and of those who receive those benefits, there's no breakdown of whether that's their sole source of income.
Monthly Statistical Snapshot, May 2014

The number on military disability is several million.

Regardless, everyone can pay something.
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Old 07-15-2014, 06:57 PM
 
Location: the very edge of the continent
89,327 posts, read 45,064,230 times
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Quote:
Originally Posted by lycos679 View Post
So is your answer none then?
No, it's not none. I just posted the IRS link.
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Old 07-15-2014, 06:59 PM
 
26,694 posts, read 14,611,096 times
Reputation: 8094
Quote:
Originally Posted by InformedConsent View Post
Not that many. About 57 million, less than 20%, are on SS or SSI, and of those who receive those benefits, there's no breakdown of whether that's their sole source of income.
Monthly Statistical Snapshot, May 2014

The number on military disability is several million.

Regardless, everyone can pay something.
Those who don't pay income tax should not be allowed to vote.
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Old 07-15-2014, 07:02 PM
 
34,289 posts, read 19,428,895 times
Reputation: 17261
Quote:
Originally Posted by InformedConsent View Post
What does that have to do with insurance? Absolutely nothing.
OK....lol, you're going to feel foolish here, cause I know you're smart enough to get this.

you bolded the insurance part to indicate something was JUST insurance.

I bolded the defense part to show that while labeled that way, thats not what they really were. We use our military for more then defense.

Now do you get it?

Quote:
Yes. Everyone should have skin in the game. Otherwise, they have no reason to care how irresponsible our elected officials are with taxpayer money. That's how we got into this mess.
I disagree. People who are that poor should not have the money needed for survival taxed. Thats immoral in my opinion. Shrug. you disagree, and I do understand your point of view, I just disagree.

Quote:
There are always steps one can take to reduce their living expenses. Get roommates and share housing and utilities expenses. Walk or bicycle to work. And even a small apartment can host container gardens to grow some of one's own food. Etc., etc.

It's morally wrong to NOT pay one's fair share of the federal income tax.
Whats your fair share? Thats the argument. More of a "I don't care about anyone else, I only pay my way" vs's "I care about others, and pay for others as well as we're all in this together" viewpoint. Shrug. Since I'm a caring person, I will disagree.

Since I believe that we should take a % equally rather then X dollars per.....and I believe we shouldn't take that required to survive. You want folks living 20 to a hut eating gruel, and water, whereas I feel a certain level of humanity is desired.

Dont see that we have much else to discuss. Im happy with my viewpoint.
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Old 07-15-2014, 07:03 PM
 
34,289 posts, read 19,428,895 times
Reputation: 17261
Quote:
Originally Posted by lifeexplorer View Post
Those who don't pay income tax should not be allowed to vote.
Ahh yes, the whole I hate democracy, and want a plutocracy idea. Awesome. Good luck with that.
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Old 07-15-2014, 07:08 PM
 
11,768 posts, read 10,286,154 times
Reputation: 3444
Quote:
Originally Posted by InformedConsent View Post
No, it's not none. I just posted the IRS link.
Yes, and you had to be born before 1936 to qualify and only contributions before 1974 (or 1984) were eligible. However, your previous statement and your entire argument makes it seem as if these eligible plans are common. I ask again, what plan does not already pay tax at the ordinary rates?

Quote:
Originally Posted by InformedConsent View Post
Do you think union members would go for that? Such a tax would eat into their pension funds which are all in investments and depend on capital gains to fund the union members' pensions. Would union members (teachers, police, fire, municipal workers, AFL-CIO, SEIU, Teamsters, etc., all be willing to accept lower pensions to pay that increased capital gains tax?
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Old 07-15-2014, 07:09 PM
 
26,694 posts, read 14,611,096 times
Reputation: 8094
Quote:
Originally Posted by greywar View Post
Ahh yes, the whole I hate democracy, and want a plutocracy idea. Awesome. Good luck with that.
Please explain why they should have a say in how to use other peoples money.
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Old 07-15-2014, 07:14 PM
 
Location: the very edge of the continent
89,327 posts, read 45,064,230 times
Reputation: 13796
Quote:
Originally Posted by greywar View Post
OK....lol, you're going to feel foolish here, cause I know you're smart enough to get this.

you bolded the insurance part to indicate something was JUST insurance.

I bolded the defense part to show that while labeled that way, thats not what they really were.
Even the SSA itself calls SS an insurance program. "Social Insurance Programs"
Social Security Programs in the United States

Quote:
Whats your fair share?
The same tax rate everyone else pays.
Quote:
Since I'm a caring person, I will disagree.
You're free to pay more than you legally owe. Do you? Here's the link to pay extra. Put your money where your mouth is, otherwise you're just a blowhard. A fake. A poser.:
http://www.treasurydirect.gov/govt/r...tm#DebtFinance

Quote:
You want folks living 20 to a hut eating gruel, and water
Utterly ridiculous. I didn't even live like that when I was a dead broke college student working my way through school. Your emotional histrionics betray your inability to think rationally.

Quote:
Dont see that we have much else to discuss. Im happy with my viewpoint.
Did you pay your extra at the link? Or are you all talk and no action?
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