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Lets make it fair. Everyone has to contribute the exact same % of their income in taxes.
That way no one can cry (yeah, right)
I agree. The "left" have their own definition of "fair". And, it isn't fair at all. Why should the wealthy be subsidizing everyone else, who doesn't do their "fair share" of work?
There are far too many lazy people, who are happy to live off the wealth of others. They don't give a damn.
Since the OWS started and Obama’s been pushing to end the Bush cuts for the top 1% and the public at large has been rallying against big banks, bonuses, and bailouts, the Right has taken to accusing the President of instigating class warfare.
The logic is that he’s blaming the woes of the middle class & the poor on the 1% not contributing their fair share. He’s been blaming the budget deficit and resulting fears about our economic stability on the 1% taking advantage of the system. He’s been blaming the 1% for being selfish and lazy and forcing the rest of the country to pick up the slack or go wanting.
Regardless of how true you think the above is, how is that any different than the “class warfare” that Republicans have waged against those on welfare for the last 30 years?
If it’s class warfare to say one group isn’t contributing their fair share, then isn’t it also class warfare to say one group is taking more than their fair share?
If it’s class warfare to blame one group’s hoarding for hurting the country, then isn’t it also class warfare to blame one group’s abuse of the system for hurting the country?
If it’s class warfare to throw out pejoratives like “fat cats” to illustrate the selfishness that’s stopping the country from fixing itself, then isn’t it also class warfare to throw out pejoratives like “welfare queen” to illustrate the same point?
Regardless if the claims are true, the rhetoric is there.
You can't be serious, can you?
When someone out and out lies, about taxes in this country, pointing out the lies and distortions is not engaging in class warfare, it's pointing out the truth.
Have you seen the tax tables for US annual income earners? The higher your annual income is in this country, the more income taxes you pay. So how are the higher income earners "not paying their fair share"???
With the Bush tax policy in place, a low income family can claim an additional $500 for each child, and the standard deduction was doubled as well. The current six tax brackets are 10%, 15%, 25%, 28%, 33% and 35%will be replaced by five new brackets with the higher rates of 15%, 28%, 31%, 36% and 39.6%.
As the chart above shows us, the Bush tax rates created a sixth tax rate for the lowest income earners, and lowered the top four tax rates by about 3% each. With the increased child and standard deductions a low income family pays zero income taxes, and most times actually gets back more then they paid in.
We all knew that many of the lower income folks were essentially taken off the income tax roles, and no one said anything at all. But once the left started this campaign of class warfare, then all people did was point out their lies with the truth. Once again, pointing out the truth is not class warfare, it only seems like to the left, when the weapon on the left is lies and distortions, i.e. political propaganda.
Lets make it fair. Everyone has to contribute the exact same % of their income in taxes.
That way no one can cry (yeah, right)
Even the 15-20% living near or below the poverty level, the issue may seem fair but in the end we would end up with more people below the poverty level.
I didn't think you could even get under 15%, Seems like those above $500K are getting a sweet deal at the expense of the middle class.
"Mitt Romney is not alone. I thought Mr. Romney’s 13.9 percent federal tax rate would be hard to beat. But among the 400 Americans with the highest adjusted gross incomes in 2008, 30 of them paid less than 10 percent and another 101 paid less than 15 percent. And these people earned, on average, more than 10 times Mr. Romney’s $21.7 million — an average of $270.5 million each."
Since the OWS started and Obama’s been pushing to end the Bush cuts for the top 1% and the public at large has been rallying against big banks, bonuses, and bailouts, the Right has taken to accusing the President of instigating class warfare.
You're mistaking a fact for an accusation. Obama is just as beholding to the banks as he is the unions and the social leeches. Strange how the racial playbook got REAL QUIET for nearly twenty years. Why is it, that since Obama has been POTUS, we have Black Panthers openly talking about killing whitey again and sales of killwhiteynow Tee's are at an all time high? This S&^T is referred to as reversed racism... BS! The reality; IT IS RACISM and has been sparked by our governments pseudo-hatred of the wealthy (class and race warfare).
Do you know what the biggest thing Romney and Obama have in common? Goldman Sachs is the largest contributor to both. Funny how little things like this always get by liberal hand wringers.
When someone out and out lies, about taxes in this country, pointing out the lies and distortions is not engaging in class warfare, it's pointing out the truth.
Have you seen the tax tables for US annual income earners? The higher your annual income is in this country, the more income taxes you pay. So how are the higher income earners "not paying their fair share"???
With the Bush tax policy in place, a low income family can claim an additional $500 for each child, and the standard deduction was doubled as well. The current six tax brackets are 10%, 15%, 25%, 28%, 33% and 35%will be replaced by five new brackets with the higher rates of 15%, 28%, 31%, 36% and 39.6%.
As the chart above shows us, the Bush tax rates created a sixth tax rate for the lowest income earners, and lowered the top four tax rates by about 3% each. With the increased child and standard deductions a low income family pays zero income taxes, and most times actually gets back more then they paid in.
We all knew that many of the lower income folks were essentially taken off the income tax roles, and no one said anything at all. But once the left started this campaign of class warfare, then all people did was point out their lies with the truth. Once again, pointing out the truth is not class warfare, it only seems like to the left, when the weapon on the left is lies and distortions, i.e. political propaganda.
You are ignoring the effect of the capital gains, very few in the top bracket actually pay the marignal rate, which is historically low. The change in the captital gains for the top brackets in the last 20 years along with the change at the top has favored the top few percent.
Tell me, was it class warfare when they decided to benefit those at the top, or was that just simply a change in the tax code.
We survived quite well in the 70's and 80's with far higher rates until they painted the welfare recipients as the problem, removed programs like food stamps, etc. it would amount to next to nothing.
I didn't think you could even get under 15%, Seems like those above $500K are getting a sweet deal at the expense of the middle class.
"Mitt Romney is not alone. I thought Mr. Romney’s 13.9 percent federal tax rate would be hard to beat. But among the 400 Americans with the highest adjusted gross incomes in 2008, 30 of them paid less than 10 percent and another 101 paid less than 15 percent. And these people earned, on average, more than 10 times Mr. Romney’s $21.7 million — an average of $270.5 million each."
I am not looking for someone to blame. It's the Repubs fault! Question completed.
You are batting 1000..! Completely wrong on every post..!!
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