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Chad, you do realize that when you look at personal effective tax rates, the wealthy already pay a much, much higher percentage than any other group, right?
It is incredibly ironic however that you make fun of Rush Limbaugh and quote ThinkProgress.org in the same post, given ThinkProgress is the liberal version of Limbaugh.
Its incredibly ironic that you think the only relevant taxation is.....federal taxes excluding social security.
Maybe you should ohhh...I don't know, LOOK at the actual tax burden of individuals? not just the cherry picked federal income tax?
You do realize that total tax burden is not as you describe at all?
Edit-heres a link, although its examination is fairly limited as to how it defines the groups it looked at:
Its incredibly ironic that you think the only relevant taxation is.....federal taxes excluding social security.
Maybe you should ohhh...I don't know, LOOK at the actual tax burden of individuals? not just the cherry picked federal income tax?
Fine. Let's look at the effective tax rates for ALL taxes, local, state, and federal:
Data Sources: Tax Policy Center and Institute on Taxation and Economic Policy
There's nothing I loathe more than deliberately ignorant liberals.
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Can you tell me why you use ThinkProgress as a serious source? You do realize ThinkProgress is as much a partisan liberal rag as Limbaugh is a partisan conservative joke, right?
To answer your post, why he says:
(and InformedConsent, unfortunately I have to spread it around or I would have repped you)
Quote:
Originally Posted by InformedConsent
Fine. Let's look at the effective tax rates for ALL taxes, local, state, and federal:
Data Sources: Tax Policy Center and Institute on Taxation and Economic Policy
There's nothing I loathe more than deliberately ignorant liberals.
(Note to moderators: all images appearing in this post have been linked via HTML text command in a legally permissible manner per the Ninth Circuit Court of Appeals Perfect 10 v. Amazon ruling, and as such do not constitute copyright violation. DO NOT delete the perfectly legal HTML text command in this post.)
Chad, if we increased capital gains taxes, what do you think would happen to growth/decline in the NASDAQ/DOW in relation to global markets?
Chad, you do realize that when you look at personal effective tax rates, the wealthy already pay a much, much higher percentage than any other group, right?
It is incredibly ironic however that you make fun of Rush Limbaugh and quote ThinkProgress.org in the same post, given ThinkProgress is the liberal version of Limbaugh.
I know many non-CEO middle class and upper middle class Americans who would LOVE to have those tax rates (instead they send painful checks to the IRS, and have MUCH higher tax rates.)
And Rush Limbaugh lies,
Rush says global warming is hoax (because if we combat global warming corporations will loose money.)
-But 97% of climate scientists say man made global warming is happening.
Rush says tax cuts for the rich increase revenues, help the economy, and create jobs.
- But respected economist say the above is untrue.
You said ThinkProgress is just like Rush Limbaugh, but how does ThinkProgress lie?
I know many non-CEO middle class and upper middle class Americans who would LOVE to have those tax rates (instead they send painful checks to the IRS, and have MUCH higher tax rates.)
And Rush Limbaugh lies,
Rush says global warming is hoax (because if we combat global warming corporations will loose money.)
-But 97% of climate scientists say man made global warming is happening.
Rush says tax cuts for the rich increase revenues, help the economy, and create jobs.
- But respected economist say the above is untrue.
You said ThinkProgress is just like Rush Limbaugh, but how does ThinkProgress lie?
ThinkProgess lies with every post. The fact that you can't see that is sad.
An effective tax rate of 14% is incredibly high. The average tax rate of those making between $50k and $100k/year was 8% last year.
You are so blindly liberal that you look for anything to back you up. Anyone as extreme right or left as yourself is what is destroying this country.
I hate Rush Limbaugh. I have only voted for a republican president once in my life. You seem so blindly angry against anyone you think is conservative that you completely missed that. Stop being so emotional and think rationally.
Can you tell me why you use ThinkProgress as a serious source? You do realize ThinkProgress is as much a partisan liberal rag as Limbaugh is a partisan conservative joke, right?
To answer your post, why he says:
(and InformedConsent, unfortunately I have to spread it around or I would have repped you)
Chad, if we increased capital gains taxes, what do you think would happen to growth/decline in the NASDAQ/DOW in relation to global markets?
Rush Limbaugh lies,
Rush says global warming is hoax (because if we combat global warming corporations will loose money.)
-But 97% of climate scientists say man made global warming is happening.
Rush says tax cuts for the rich increase revenues, help the economy, and create jobs.
- But respected economist say the above is untrue.
You said ThinkProgress is just like Rush Limbaugh, but how does ThinkProgress lie?
You do realize that the people paying federal taxes pay all the other taxes too. Only idiots would think raising taxes on anyone is the answer. I call them useful idiots supporting governmental rape of American citizens.
Fine. Let's look at the effective tax rates for ALL taxes, local, state, and federal:
Data Sources: Tax Policy Center and Institute on Taxation and Economic Policy
There's nothing I loathe more than deliberately ignorant liberals.
(Note to moderators: all images appearing in this post have been linked via HTML text command in a legally permissible manner per the Ninth Circuit Court of Appeals Perfect 10 v. Amazon ruling, and as such do not constitute copyright violation. DO NOT delete the perfectly legal HTML text command in this post.)
So for example, social security is taken out at 6.2%, and another 6.2% paid for via your employer, thats part of your total compensation. So...looking at the chart are you saying that the folks in the top 20% pays a federal tax rate of 10%? Looking at my last years tax statement I'd beg to differ.
Oh right, I bet you just think that other part doesn't really apply. Got it.
There's nothing I loathe more than deliberately ignorant X as well.....
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