Are taxes really the lowest they've been in 50 years?

You need to re-read his first post...

You are just plain wrong stating he was talking strictly about income tax...

:cuckoo:

No, you should. The links to the IRS should give you a hint.

There was no link in his first post.... Perhaps you are talking about someone else or another post...

Please make an effort to follow the thread. I wasn't talking about his first post on the thread.
 
No, you should. The links to the IRS should give you a hint.

There was no link in his first post.... Perhaps you are talking about someone else or another post...

Please make an effort to follow the thread. I wasn't talking about his first post on the thread.

I have followed the thread, including your blather...

Perhaps yuou shouldn't have used the words "first post" if you didn't mean his first post...
 
And how does that compare to today's effective rate?

Your real tax rate: 40% - MSN Money

In actuality.. considering the new types of taxes, etc... it's about the same
:eusa_hand: In your first post you were talking strictly about income tax (not really being 90%). Now you've found a link that includes all taxes, not just income tax.

Didn't answer his question.

Ravi.... many of the additional taxes we have now did not exist back then... and we are talking about various taxes that go to the fed.. maybe you like to hide behind the curtain while excluding these, but IMHO it does need to be in the discussion

Or are you saying that the numbers of tax streams into the FED has not increased since say 1944??
 
Former Reagan economist Bruce Bartlett teamed with Bush speech writer David Frum to take a poll
at a rally in DC,.

Article and results here:

The Misinformed Tea Party Movement - Forbes.com

In sum:

1. Most think fed taxes are 3X higher than they actually are.
2. Most don't know fed tax revenue has not been so low since WW2.
3. Most don't know taxes came down under Obama
4. Most don't even know how much they pay in taxes.


A lot of them don't know how marginal tax rates work. I have a brother-in-law who is a teabagger and he was bemoaning the "fact" that since he got a raise just over the line into the next income bracket, he'd be taking home less than he did before the raise. He was extremely skeptical when I informed him otherwise, and vowed to check it out for himself.

On a side note - I bet employers love it when teabaggers ask them for pay cuts so they can take more home.
 
So far, nobody has "stepped up" to answer my point.

There are now a myriad of taxes, fees and costs of compliance that didn't exist 50 years ago....Even though the one federal income rate is lower, there are numerous other avenues used to bore into the wallets of today's taxpayers.

Newspeak from the New Right:

Taxes are bad, War is Peace

Taxes are bad, Freedom is Slavery

Taxes are bad, Ignorance is Strength

Yeah, but not as silly as most of Odd-dudes posts. Half-truths are lies, for they obfuscate and not inform. We know intellectually that taxes can and do provide a service, but emotionally (for the Tea Party make that Hysterically) they are hated and as pot holes grow so will the anger.

If odd-dude is so concerned with taxes and fees maybe he ought to get out and run for city council instead of pontificating about Fabian Socialists hiding in his attic. Run on more pot holes for each region of your district odd-dude, and a reduction of police and fire protection too. Help, putting out your neighbors house which is on fire is your personal responsibilty; if it ignites your roof it's your fault, isn't it?

Plain and simple (dumbed down - just for you)

1. I paid more in income tax in 2011 than you earned.
2. Therefore, you didn't pay as much as I did.
3. Whip out your checkbook.
4. Stroke a check equal to the one I wrote.

Sound fair?

Of course it doesn't stupid.

Why should people who pay a high amount of taxes already - pay more?

Because you can't. Right?

Idiotic.

People who pay a high amount of income tax have more to lose. Consider, the greater the spread of wealth the greater the likelihood of civil unrest (I know, you've go your gun and can protect yourself - that's a nice fantasy).

As more wealth is accumulated by the few, policitical power naturally transfers to the few and not the many. A progressive income tax protects our Republic from becoming an Oligarchy of the Rich (something which is happening and will become permanent if FEC v. CU is allowed to remain the law).

You haven't paid income tax in 2011, stupid. You may have had taxes deducted or paid estimated tax, but 2011 taxes are not due until April 15, 2012.

Not knowing my income or tax strategy, stating you pay more is nothing more than arrogant bull shit.
 
People who pay a high amount of income tax have more to lose. Consider, the greater the spread of wealth the greater the likelihood of civil unrest (I know, you've go your gun and can protect yourself - that's a nice fantasy).

As more wealth is accumulated by the few, policitical power naturally transfers to the few and not the many. A progressive income tax protects our Republic from becoming an Oligarchy of the Rich (something which is happening and will become permanent if FEC v. CU is allowed to remain the law).

You haven't paid income tax in 2011, stupid. You may have had taxes deducted or paid estimated tax, but 2011 taxes are not due until April 15, 2012.

Not knowing my income or tax strategy, stating you pay more is nothing more than arrogant bull shit.
Many 1099 contractors pay their taxes by the quarter, you overbearing know-nothing stupid fuck.
 
Your real tax rate: 40% - MSN Money

In actuality.. considering the new types of taxes, etc... it's about the same
:eusa_hand: In your first post you were talking strictly about income tax (not really being 90%). Now you've found a link that includes all taxes, not just income tax.

Didn't answer his question.

Ravi.... many of the additional taxes we have now did not exist back then... and we are talking about various taxes that go to the fed.. maybe you like to hide behind the curtain while excluding these, but IMHO it does need to be in the discussion

Or are you saying that the numbers of tax streams into the FED has not increased since say 1944??
More people employed would accomplish that. Back in the fifties most women didn't hold paying jobs, for instance.
 
People who pay a high amount of income tax have more to lose. Consider, the greater the spread of wealth the greater the likelihood of civil unrest (I know, you've go your gun and can protect yourself - that's a nice fantasy).

As more wealth is accumulated by the few, policitical power naturally transfers to the few and not the many. A progressive income tax protects our Republic from becoming an Oligarchy of the Rich (something which is happening and will become permanent if FEC v. CU is allowed to remain the law).

You haven't paid income tax in 2011, stupid. You may have had taxes deducted or paid estimated tax, but 2011 taxes are not due until April 15, 2012.

Not knowing my income or tax strategy, stating you pay more is nothing more than arrogant bull shit.
Many 1099 contractors pay their taxes by the quarter, you overbearing know-nothing stupid fuck.

Lots of people pay estimated income tax; I suspect that's what contractors do too, as I noted above, you stupid fucking asshole, punk, ignorant, right wing dipshit (how's my ad hominem odd-dude? I got in more than you. I win. LOL).
 
It is a bogus claim... they forget the amount of deductions, things that were not deemed income, etc... not to mention they forget about all the increased areas that the fed taxes things now...

You have a great # of people, with all the levels and forms of taxation, that are paying well in excess of 50% of their income in some form of taxation... how much is enough?? jeez

Who pays 50%? The top rate is 36% of ADJUSTED INCOME. Capital gains are 15%. President Obama in releasing his taxes claimed wel over a million in income. He paid 26% of his gross.

You can bet those who have a lesser profile will pay, less, a lot less, than that.

I hear a lot of talk. No documentation. Warren Buffet just stated he paid a lower percentage than his secretary, around 17%.
 
It is a bogus claim... they forget the amount of deductions, things that were not deemed income, etc... not to mention they forget about all the increased areas that the fed taxes things now...

You have a great # of people, with all the levels and forms of taxation, that are paying well in excess of 50% of their income in some form of taxation... how much is enough?? jeez

Who pays 50%? The top rate is 36% of ADJUSTED INCOME. Capital gains are 15%. President Obama in releasing his taxes claimed wel over a million in income. He paid 26% of his gross.

You can bet those who have a lesser profile will pay, less, a lot less, than that.

I hear a lot of talk. No documentation. Warren Buffet just stated he paid a lower percentage than his secretary, around 17%.

The Buffet stuff is a very misleading because he's paying CAPITOL GAINS tax...not income tax like his secretary...so that's just a bullshit talking point...nothing more elegant than that.
 
It is a bogus claim... they forget the amount of deductions, things that were not deemed income, etc... not to mention they forget about all the increased areas that the fed taxes things now...

You have a great # of people, with all the levels and forms of taxation, that are paying well in excess of 50% of their income in some form of taxation... how much is enough?? jeez

Who pays 50%? The top rate is 36% of ADJUSTED INCOME. Capital gains are 15%. President Obama in releasing his taxes claimed wel over a million in income. He paid 26% of his gross.

You can bet those who have a lesser profile will pay, less, a lot less, than that.

I hear a lot of talk. No documentation. Warren Buffet just stated he paid a lower percentage than his secretary, around 17%.

Reading comprehension...

Or do I have to start listing AGAIN all the differing areas in which the Fed taxes now... many of which did not exist decades ago
 

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