Boy, Are Americans Not Overtaxed

[Desperado]

Boy, Are Americans Not Overtaxed

Define "Overtaxed"
Just a simple question: How much of your money is the government entitled too?

 

[RDD_1210]

Who said there should be no taxes?

Oh, that was you.

Project s'more bout straw, cuz that's fun.

Who said we are trying to tax ourselves in to prosperity? Oh no one. Boy you're slow.

I'm sorry that you cannot understand that so many say we will BE prosperous if we just tax more. Sorta like the OP? The topic?

Moron.

No one has said that we JUST need to tax more. It's one part of the solution. Try and keep up.

 

[Lakhota]

26 Major Corporations Paid No Taxes For The Last Four Years

30 Major Corporations Paid No Income Taxes In The Last Three Years, While Making $160 Billion | ThinkProgress

 

[Oddball]

26 corporations aren't the sum total of the nation.

Sheeeeeesh!

 

[Mr. Peepers]

Prove that one...Cause It was organizers like Obama who pushed for the programs not Banks that want to make money not lose it.

Psst. That CRA / Freddie & Fanny crap has been debunked over and over and over and over. Fact is 86% of the sub-prime loans originated in the PRIVATE sector.

WALL STREET AND THE FINANCIAL CRISIS: Anatomy of a Financial Collapse

 

[nodoginnafight]

LOL. I was posting to the OP. Not you.

I guess I should have quoted it. I honestly thought I was the first one posting to the idiot Lahkota's thread.

Oops.


(I agree with you, btw.)

Oh lol sorry.

No prob.

So, my point, that I obviously wasn't clear on at all is: If the idiot OP's point is that we need to be taxed more because other countries are, that's like saying we need to wear shit-scented perfume because other countries smell that way.

Maybe we are a great country for several reasons.

But, then again, the OP is a racist, an anti-semite, a bigot, and a moron.

Proof positive that the neo-cons are so antagonistic and vitriolic and quick to leap at things they don't understand that they even insult each other when they agree. ROFLMAO

 

[Stephanie]

Oh lol sorry.

No prob.

So, my point, that I obviously wasn't clear on at all is: If the idiot OP's point is that we need to be taxed more because other countries are, that's like saying we need to wear shit-scented perfume because other countries smell that way.

Maybe we are a great country for several reasons.

But, then again, the OP is a racist, an anti-semite, a bigot, and a moron.

Proof positive that the neo-cons are so antagonistic and vitriolic and quick to leap at things they don't understand that they even insult each other when they agree. ROFLMAO

so your name is a lie then?

 

[Lakhota]

Boy, Are Americans Not Overtaxed

Define "Overtaxed"
Just a simple question: How much of your money is the government entitled too?

That depends on the services provided. Maybe you should ask some of the major corporations that are paying NO income taxes...

The rich should pay more because they get more!

Consider defense, for example, which makes up 20% of the budget. Defending the country benefits everyone; but it benefits the rich more, because they have more to defend. It's the same principle as insurance: if you have a bigger house or a fancier car, you pay more to insure it.

Investments in the nation's infrastructure-- transportation, education, research & development, energy, police subsidies, the courts, etc.-- again are more useful the more you have. The interstates and airports benefit interstate commerce and people who can travel, not ghetto dwellers. Energy is used disproportionately by the rich and by industry.

More: Why the rich should pay more taxes

 

[Buford]

26 Major Corporations Paid No Taxes For The Last Four Years

30 Major Corporations Paid No Income Taxes In The Last Three Years, While Making $160 Billion | ThinkProgress

Ho hum, another lefty wanting someone else's money. Don't you have anything productive to do? Perhaps one of those corporations will hire you.

 

[Oddball]

LOL. I was posting to the OP. Not you.

I guess I should have quoted it. I honestly thought I was the first one posting to the idiot Lahkota's thread.

Oops.


(I agree with you, btw.)

Oh lol sorry.

No prob.

So, my point, that I obviously wasn't clear on at all is: If the idiot OP's point is that we need to be taxed more because other countries are, that's like saying we need to wear shit-scented perfume because other countries smell that way.

Maybe we are a great country for several reasons.

But, then again, the OP is a racist, an anti-semite, a bigot, and a moron.

Nomination for analogy of the year!

 

[Buford]

Boy, Are Americans Not Overtaxed

Define "Overtaxed"
Just a simple question: How much of your money is the government entitled too?

That depends on the services provided. Maybe you should ask some of the major corporations that are paying NO income taxes...

The rich should pay more because they get more!

Consider defense, for example, which makes up 20% of the budget. Defending the country benefits everyone; but it benefits the rich more, because they have more to defend. It's the same principle as insurance: if you have a bigger house or a fancier car, you pay more to insure it.

Investments in the nation's infrastructure-- transportation, education, research & development, energy, police subsidies, the courts, etc.-- again are more useful the more you have. The interstates and airports benefit interstate commerce and people who can travel, not ghetto dwellers. Energy is used disproportionately by the rich and by industry.

More: Why the rich should pay more taxes

The rich pay the majority of taxes in this nation. Greedy thing.

 

[hortysir]

Name one country that has been successful in taxing them selves into prosperity.

Name one country that has prospered without taxation.

See, you're not the only one who can create a strawman.

The simple point, which you obviously missed, was that you don't raise taxes during a recession.

 

[RDD_1210]

Name one country that has been successful in taxing them selves into prosperity.

Name one country that has prospered without taxation.

See, you're not the only one who can create a strawman.

The simple point, which you obviously missed, was that you don't raise taxes during a recession.

Good thing we're not in a recession.

 

[hortysir]

Name one country that has prospered without taxation.

See, you're not the only one who can create a strawman.

The simple point, which you obviously missed, was that you don't raise taxes during a recession.

Good thing we're not in a recession.

Ask GB how they created a double-dip.

 

[Skull Pilot]

Ok, which countries tax rates would you like to adopt?

None.

I'd like a flat tax of 10% from the first dollar of income on both individuals and corporations. No deductions no exceptions

http://www.usmessageboard.com/economy/233672-its-time-for-a-flat-tax.html#post5599801

Why 10%? How did you determine that number?

I did the math for you and everything in the link I gave you.

10% would give the government nearly 50% more income tax revenue than it does now from personal income.

Add to that the corporate profits that would be repatriated and revenues will increase even more.

Gut the IRS and save billions more.

That would produce enough revenue to meet current obligations AND pay down the debt. When the debt is gone the tax can be reduced even further.

It's a simple elegant solution.

 

[Skull Pilot]

But I thought Obama was overtaxing the middle class? Do you ever care about any of your thoughts making sense?

I thought the people not paying income tax were the poor not the middle class

Oh, so 50% of the population are poor then?

Isn't that the moonbat meme?

 

[Intense]

Prove that one...Cause It was organizers like Obama who pushed for the programs not Banks that want to make money not lose it.

Psst. That CRA / Freddie & Fanny crap has been debunked over and over and over and over. Fact is 86% of the sub-prime loans originated in the PRIVATE sector.

WALL STREET AND THE FINANCIAL CRISIS: Anatomy of a Financial Collapse

They were Insured through Fannie And Freddie.

 

[Seawytch]

Yeah and the CBO just released these figures. Really makes one wonder how much more the leeches really want the wealthy to pay?

I did hear a caller to Hannity one day actually say that he thought the wealthy should pay 90% in tax.
Sheesh. Let us really just start calling these people what they are. Leeches and bloodsuckers.

CBO: The wealthly pay 70 percent of taxes

Wealthy Americans earn about 50 percent of all income but pay nearly 70 percent of the federal tax burden, according to the latest analysis Tuesday by the Congressional Budget Office — though the agency said the very richest have seen their share of taxes fall the last few years.

CBO looked at 2007 through 2009 and found the bottom 20 percent of American earners paid just three-tenths of a percent of the total tax burden, while the richest 20 percent paid 67.9 percent of taxes.

3/10% from the bottom to 67.9% at the top. But the wealthy aren't paying their fair share according to the bullshit handed down from high at the White House and sucked up by the class envy morons who just take and take and take.

CBO: The wealthly pay 70 percent of taxes - Washington Times

The richest 20 paid 69% of the taxes? That same top 20% owns 93% of the Nation's wealth. That doesn't seem right. They should pay more.

So? Do you think that money is yours for some reason????

That's not what I said. The complaint is that the top 20% of taxpayers pay 60% of the taxes. They OWN 93% of the wealth in the country. Shouldn't it then translate that they pay more of the taxes?

 

[LordBrownTrout]

Name one country that has prospered without taxation.

See, you're not the only one who can create a strawman.

No taxes, no government. Anarchy. Who's arguing that logic?

Holy fuck you idiots are slow.

I figured that one would fly over your head.

 

[bripat9643]

By Jared Bernstein

The Congressional Budget Office (CBO) just released a very thorough update of their high quality household income series, adding data through 2009. There's so much in here it will be weeks before I can work my way through all of its nooks and crannies, but so far, something's jumped out at me.

First, man, I gotta say: when it comes to federal taxation, there is just no case in the data to be made in any way, shape or form that we Americans are overtaxed. Not middle income, not high income -- not the overall average. Not relative to other countries (figure 4 here), and not relative to our historical rates back to 1979.

The top line in the first figure below shows the decline in the overall average federal tax rate for all households. The rate is relatively constant at around 22% from 1979 to the big tax cuts of the George W. Bush years (the ones we're still arguing about!), when they start to slide; the decline at the end of the series is both cyclical and policy driven, as pretax income declines in the Great Recession and Recovery Act tax cuts lowered tax liabilities.

By the end of the series, the average U.S. household was paying 17.4% of their income in federal taxes, compared to 22% in 1979. The main culprit is the income tax; all the others in the figure stay relatively constant.

More: Jared Bernstein: Boy, Are Americans Not Overtaxed

CBO | The Distribution of Household Income and Federal Taxes, 2008 and 2009

Why should anyone accept anything from this obvious leftwing propaganda organ?

About Center on Budget and Policy Priorities — Center on Budget and Policy Priorities

Center on Budget and Policy Priorities
What Is the Center on Budget and Policy Priorities?

The Center on Budget and Policy Priorities is one of the nation’s premier policy organizations working at the federal and state levels on fiscal policy and public programs that affect low- and moderate-income families and individuals.

About the Center
The Center conducts research and analysis to help shape public debates over proposed budget and tax policies and to help ensure that policymakers consider the needs of low-income families and individuals in these debates. We also develop policy options to alleviate poverty.

In addition, the Center examines the short- and long-term impacts of proposed policies on the health of the economy and the soundness of federal and state budgets. Among the issues we explore are whether federal and state governments are fiscally sound and have sufficient revenue to address critical priorities, both for low-income populations and for the nation as a whole.

Over the past 30 years, the Center has gained a reputation for producing materials that are balanced, authoritative, accessible to non-specialists, and responsive to issues facing the country. Our materials are used by policymakers and non-profit organizations across the political spectrum, and by journalists from a wide variety of TV, radio, print, and online outlets.