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I think the approach should be to reduce the tax rate of the secretary rather than try to find ways to increase the transfer of wealth to the government from the "rich"
Individuals spend their money so much more wisely than bureaucrats.
You going to "wisely" spend your money repairing the roads out front? You going to buy missiles and bullets for the military???? I'd think it is wiser if we let them buy what they need.
You going to "wisely" spend your money repairing the roads out front? You going to buy missiles and bullets for the military???? I'd think it is wiser if we let them buy what they need.
Since "they" have been a failure at spending money wisely and for its intended purpose for so long,I'm going to assume you have just landed here from another planet.
Don't let the facts get in the way of a good news story.
Let's not let wingnut math get in the way of the truth. I'm thinking when you calculate your EFFECTIVE TAX RATE you do so by using the taxpayers' total income or their adjusted gross income. Seeing the obamas' total income was over $1.7 million someone's effective tax rate calculations are WAY OFF.
"The Obamas paid an effective rate of 20.5 percent."
Did the Obamas pay a higher or lower effective income tax rate than the Romneys?
Another liberal who does not understand how money and taxes work.
Romney paid 35% or more when he was working and earning.
Today he pays 15% on his investments, not earned income from working.
He already paid his fair share and then some when he was working at 35%.
If you want to compare then lets use the 35% Romney paid when he was in the work force to Obamas poor and lowly 20%.
Please learn how taxes and income work.
****
And by the way Obama asked that everyone making over a million pay their fair share of no less then 30%, he has not. Last year he ripped us off by not paying his fair share by paying only 26.5 on earning of over a million.
Sad he ask people to do things he does not himself.
Since "they" have been a failure at spending money wisely and for its intended purpose for so long,I'm going to assume you have just landed here from another planet.
Sorry, I don't see this failure you refer to. Sure we have a debt, but when I calculate my met worth I count assets against my debts. Seems when you look at things that way American is fine, in spite of you starve the beast wingnuts trying to bankrupt us.
Sorry, I don't see this failure you refer to. Sure we have a debt, but when I calculate my met worth I count assets against my debts. Seems when you look at things that way American is fine, in spite of you starve the beast wingnuts trying to bankrupt us.
i.e. my master provides for my needs, so life on the plantation is good.
Another liberal who does not understand how money and taxes work.
Romney paid 35% or more when he was working and earning.
Today he pays 15% on his investments, not earned income from working.
He already paid his fair share and then some when he was working at 35%.
If you want to compare then lets use the 35% Romney paid when he was in the work force to Obamas poor and lowly 20%.
Please learn how taxes and income work.
****
And by the way Obama asked that everyone making over a million pay their fair share of no less then 30%, he has not. Last year he ripped us off by not paying his fair share by paying only 26.5 on earning of over a million.
Sad he ask people to do things he does not himself.
In other words, Obama paid a higher percent of taxes than Romney did.
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