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It has been pointed out so many time it isn't funny anymore. Ever time federal income taxes are discussed some leftie tries to tie local taxes into the mix because they can't defend their position.
Let me say it real slow for you. NO ONE SAYS PEOPLE ARE NOT PAYING LOCAL TAXES AND FICA TAXES. THE 46% IS FOR FEDERAL INCOMES TAXES ONLY. Are you happy now? Maybe YOU should stop watching MSNBC and you might learn a little. Try to stay on topic.
Let me get this straight. The IRA laws were passed around 1974 and people failed to take advantage of them. The infirmities are excluded from this point.
And don't try to give me that crap, "they couldn't afford to".
I worked in the biggest slums in Wash DC. There is ALWAYS "disposable income".
As long as the "Hannity talking heads" keep repeating that 46% of Americans do not pay taxes I will keep saying what I said. BTW, I'm aware of the difference between local taxes and federal ones.
Just because you worked in the biggest slums of D.C does not make you an expert on the personal expenditure of the poor. The main reasons that people are poor is one, they were never taught how to invest and secondly the "poor" do not have disposable income that is the reason why they are called "POOR"
I never understood why people who have, cannot fathom why others do not. Their attitude is "I got mine so why can't you get yours the same way" or like some of the teabaggers motto "I got mine but if you don't look like me or believe what I believe in you don't deserve the things that I have"
As long as the "Hannity talking heads" keep repeating that 46% of Americans do not pay taxes I will keep saying what I said. BTW, I'm aware of the difference between local taxes and federal ones.
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With taxes on the wealthy on the political radar, we’re going to drowning in a vast wave of double-talk and smothered by vast amounts of fuzzy math. Still, one has to try. So, a couple of notes.
One is that you have to beware of the old trick of saying “taxes”, then slipping into “income taxes”. Most Americans pay more payroll than income taxes, but the reverse is true at high incomes. So focusing only on income taxes makes it seem as if the rich pay much more of the burden than they really do.
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One is that you have to beware of the old trick of saying “taxes”, then slipping into “income taxes”. Most Americans pay more payroll than income taxes, but the reverse is true at high incomes. So focusing only on income taxes makes it seem as if the rich pay much more of the burden than they really do.
Let's take a look at the actual burden for ALL taxes, local, state, and federal, shall we?
because NO-ONE should be taxed more than someone else
tax EVERYONE at the same equal rate
...and taxing INCOME is just stupid since a good portion of income is never reported..tax spending..that's the one way to really tax the rich
we(the people) pay too much in taxes as it is
tax everyone equally, with very few deductions and you will see MORE money come into the government at a lower rate
if we can (right now) say the top 50% pays 97% of the federal income tax..and the average rate is 19%..then why not lower the tax rate to 15% or 10% FOR ALL
the biggest question is why would you want to tax someone at a higher rate,just for making a good living
Let me clear this up, I believe that unearned income (various investments) should be taxed more than earned income such as payroll. I do agree that runaway spending should be curtailed but for the last 10-15 years the wealthy have been getting break after break while the diminishing middle class as suffered. So after 10-15 years why can't they tighten their belts for a while so that at least the middle class get get a piece of the American dream instead of living the American nightmare?
As far as them "making a good living", you fell to realize that they did it on the backs of the middle class and poor of this country.
Let me clear this up, I believe that unearned income (various investments) should be taxed more than earned income such as payroll. I do agree that runaway spending should be curtailed but for the last 10-15 years the wealthy have been getting break after break while the diminishing middle class as suffered. So after 10-15 years why can't they tighten their belts for a while so that at least the middle class get get a piece of the American dream instead of living the American nightmare?
As far as them "making a good living", you fell to realize that they did it on the backs of the middle class and poor of this country.
You already have a capital gains tax and in 2013 there is the medicare tax (3.8% on 200K/250K earners).
How much more do you want from them ?
FWIW that 3.8% tax also includes income from rentals BEFORE deductions so I'll wager rents will increase to cover that tax starting this year.
So yeah..you're taxing the wealthy who in turn will recoup that tax from the middle class via increased prices. You're shooting yourself in the foot here.
Let me clear this up, I believe that unearned income (various investments) should be taxed more than earned income such as payroll. .
why
why should you be taxed at more than 15%(current) when you are only earning 1%
why not just tax ALL income (earned and unearned) for all income levels at 15% OR LESS (like 10%)...let EVERYONE have skin in the game...or better yet..tax spending
example....warren buffet...he pays (about) 17% total (earned and unearned combined) (and then he lies, and says his secreatary pays more..in fact she gets EVERYTHING back and pays nothing)...but he spends a 100 million a year
tax spending...think of the tax on the yacht or the wifes furs, or that lexus/rolex...you want the rich to pay..tax spending
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