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How about you read the study and then offer your opinion.
That study is only as good as the people who put it together. Whomever is responsible for doing so are either very ignorant or trying to put a political spin out there.
Anyone who truly has worked out of poverty/poor and/or those who can think for themselves based on experience in life and the free-economy business world know that such numbers mean absolutely nothing. Anyone can make numbers reflect any so-called conclusion one is looking to dump on some group or the entire public.
People were plenty successful back when the tax rates were significantly higher for higher earners, in the post-war period. People paid high taxes, and still lived well. That's not "punishing success." And it wasn't socialism, was it? No, it wasn't.
52% of Americans don't even want to raise taxes to the post-war level. They want to raise them to a level that will allow gov't to function adequately, infrastructure to be repaired, expanded and improved, more medical and science research to be done, etc.
The rich skate, as it currently stands. Senators and the POTUS pay less in taxes than their own staff. That's a crime. They don't pay the majority of taxes.
I really don't see why this is such a big deal. The high earners have become spoiled, that's all.
The "successful" people did not pay those stupid high taxes. Those rates were bogus and drove $'s out of America or into tax shelters. Successful people are not stupid. The government is the stupid one. Thus, the government actually screwed middle America because the burden of funding their (government) pet projects fell into the pocket books of middle America.
That study is only as good as the people who put it together. Whomever is responsible for doing so are either very ignorant or trying to put a political spin out there.
Anyone who truly has worked out of poverty/poor and/or those who can think for themselves based on experience in life and the free-economy business world know that such numbers mean absolutely nothing. Anyone can make numbers reflect any so-called conclusion one is looking to dump on some group or the entire public.
The study is not spin, it does not have political bias. It merely states that certain geographic areas have a statistically larger or smaller number of people who move out of poverty. If you don't feel that kind of information is relevant, then so be it..have a good day
The study is not spin, it does not have political bias. It merely states that certain geographic areas have a statistically larger or smaller number of people who move out of poverty. If you don't feel that kind of information is relevant, then so be it..have a good day
Again, those figures mean absolutely nothing as stand alone. There are many factors that go into coming up with real data, especially in this area of discussion.
Example, BO puts out employment figures through his agencies. Last I heard was 5+ %. Real um-employment is at least 20% and some say more...all depends on how many segments of the non-working public one counts. The 5+% figure is ridiculous and hopefully no one believes that farce.
The rich skate, as it currently stands. Senators and the POTUS pay less in taxes than their own staff. That's a crime. They don't pay the majority of taxes.
You don't understand who pays taxes in this country. The top 5% already pay the majority of federal income taxes - 59% to be exact. The top 10% pay 71% of income taxes. These are the facts.
Frankly, if the federal government really needed more money to perform it's constitutional duties, if they were spending the money they collect today wisely and efficiently, I'd happily pay more.
I think the reality is most of what they do today in Washington is not part of their constitutional duties, and way too much of what they spend is wasted and spent ineffectively.
We should be talking about a significant restructuring of our government, not collecting more taxes. Many functions performed in Washington today should be moved to the states, or even local agencies. If we did that I think we'd see much less waste and more effective programs.
You don't understand who pays taxes in this country. The top 5% already pay the majority of federal income taxes - 59% to be exact. The top 10% pay 71% of income taxes. These are the facts.
Frankly, if the federal government really needed more money to perform it's constitutional duties, if they were spending the money they collect today wisely and efficiently, I'd happily pay more.
I think the reality is most of what they do today in Washington is not part of their constitutional duties, and way too much of what they spend is wasted and spent ineffectively.
We should be talking about a significant restructuring of our government, not collecting more taxes. Many functions performed in Washington today should be moved to the states, or even local agencies. If we did that I think we'd see much less waste and more effective programs.
Dave
I would like to see the data for total tax obligation, not just income tax...
A lot of the rich started in a poor or middle class mans shoes. And when they started the business, taking on debt, working day and night, stress, preying to be able to pay the bills, they lived in the poor mans shoes. Now that they became a success poor people want a piece of their pie that they did nothing to contribute.
Sure a lot of the ultra rich may be have done it by the mythical Horatio Alger (Luck and Pluck) method. But most didn't. Do you think anyone alive toda named Astor, Vanderbilt, Walton, Bush, Pew, Rockefeller, Mellon, Morgan, Ford who is ultra-rich started out poor or even Middle Class. America has been in existence long enough to create its moneyed nobility that is now hereditary.
People like you don't understand that our ultra rich number just one individual in every random group of 1000 Americans. This hasn't changed in the whole history of this nation. So what are the chances out of that random 1000 that anyone of the other 999 people are going to find themselves in the richest 0.1%?
The American experience of the last half century show the probability of this happening is a small number which statisticians would call insignificant.
Sure a lot of the ultra rich may be have done it by the mythical Horatio Alger (Luck and Pluck) method. But most didn't. Do you think anyone alive toda named Astor, Vanderbilt, Walton, Bush, Pew, Rockefeller, Mellon, Morgan, Ford who is ultra-rich started out poor or even Middle Class. America has been in existence long enough to create its moneyed nobility that is now hereditary.
People like you don't understand that our ultra rich number just one individual in every random group of 1000 Americans. This hasn't changed in the whole history of this nation. So what are the chances out of that random 1000 that anyone of the other 999 people are going to find themselves in the richest 0.1%?
The American experience of the last half century show the probability of this happening is a small number which statisticians would call insignificant.
lol, my bad, i thought we were talking about Obama's and the liberal definition of rich so they could soak more taxes from the American people. I didn't realize that we are talking about the true rich. Would you people make up your fricken minds. Or do you believe taxing everyday people will hurt the truly rich.
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