OMB: Top 20% pay 95% of taxes, middle class 'single digits'

[rightwinger]

Which group should we go after to pay more taxes?

 

[LeftofLeft]

I agree with the Socialist Regressives that the rich aren't paying their fair share. They are paying way too much and it's time to lower the tax rates.

OMB: Top 20% pay 95% of taxes, middle class 'single digits'

While half of all wage earners in america drag home less than $30K per year in an economic system predicated upon mass consumption. Yes, let us redistribute more societal wealth to the aristocracy and subsidize even further the ruling class. What could go wrong.

A socialist could come in as President and hijack 1/6 of the economy for redistribution of wealth in the name of healthcare reform. Wait.... we tried that.

 

[Markle]

The middle class pays 30% of their total income in taxes, I (a rich guy) pay 3% of my total income in taxes.

I'd be interested to see how you came up with the 30%. The OP refers to federal income taxes. On $50,000 total income (gross, btw) that would be $15,000. Adjusted would be considerably less than $50,000 depending on family size and children's ages. Working parents, 2 children under 17, and their federal income tax liability is reduced to >0. Figuring in the 6.3% payroll tax of around $3,000 - you come up about $12,000 short.

As a rich guy who only pays 3% of his gross in taxes - nothing is forbidding you from paying in as much additional tax as you like. Make the check payable to the IRS...or better yet, do an electronic transfer. We'll all be very grateful.

Cop out

The problem with our tax structure is not a lack of volunteerism

Truth is never a cop out.
The problem with our tax structure is a lack of the Federal government living within its means...and volunteerism is the American way. Those who believe their percentile group isn't paying their fair share of federal income tax should put their money where their mouth is and pony up. It's the right thing to do.

The Government performs the functions We the People demand

 

[mudwhistle]

I agree with the Socialist Regressives that the rich aren't paying their fair share. They are paying way too much and it's time to lower the tax rates.

OMB: Top 20% pay 95% of taxes, middle class 'single digits'

Ouch! - that's gonna shatter some painful delusions.

According to the left....the rich need to be punished.
As a matter of fact, they should just hand liberals their check book and turn over the keys to their homes and cars....because they are all ill-gotten gains.

But only in America.
The wealthy in Europe get a pass.

True until you got to the part about Europe. They pay massive taxes plus almost every country has obscene Value Added Taxes (VAT)

I think you're confusing taxes in Europe with the UN movement attacking wealth concentrations in America....using man-made climate change as a vehicle to do so.

 

[Remodeling Maidiac]

I agree with the Socialist Regressives that the rich aren't paying their fair share. They are paying way too much and it's time to lower the tax rates.

OMB: Top 20% pay 95% of taxes, middle class 'single digits'

While half of all wage earners in america drag home less than $30K per year in an economic system predicated upon mass consumption. Yes, let us redistribute more societal wealth to the aristocracy and subsidize even further the ruling class. What could go wrong.

It's not redistributed wealth when it's given back to THOSE IT CAME FROM TO BEGIN WITH.

Tard

 

[rightwinger]

The middle class pays 30% of their total income in taxes, I (a rich guy) pay 3% of my total income in taxes.

I'd be interested to see how you came up with the 30%. The OP refers to federal income taxes. On $50,000 total income (gross, btw) that would be $15,000. Adjusted would be considerably less than $50,000 depending on family size and children's ages. Working parents, 2 children under 17, and their federal income tax liability is reduced to >0. Figuring in the 6.3% payroll tax of around $3,000 - you come up about $12,000 short.

As a rich guy who only pays 3% of his gross in taxes - nothing is forbidding you from paying in as much additional tax as you like. Make the check payable to the IRS...or better yet, do an electronic transfer. We'll all be very grateful.

Cop out

The problem with our tax structure is not a lack of volunteerism

Truth is never a cop out.
The problem with our tax structure is a lack of the Federal government living within its means...and volunteerism is the American way. Those who believe their percentile group isn't paying their fair share of federal income tax should put their money where their mouth is and pony up. It's the right thing to do.

The Government performs the functions We the People demand

We need a Government that helps those who need help

I don't say that because I am a Liberal......I say that because I am not an asshole

 

[Markle]

You tax where the money is
You don't go after those struggling to survive

As you know, the vast majority of people struggling is due to their own bad choices.

 

[rightwinger]

You tax where the money is
You don't go after those struggling to survive

As you know, the vast majority of people struggling is due to their own bad choices.

Of course not

Most are doing the best with the hand they are dealt

 

[Markle]

It's not rich civilian taxes being cut that creates jobs, but rather business taxes being cut that creates jobs.

If anything we should tax rich civilians more, to build better infrastructure to HELP BUSINESSES.

All Third World countries have crap infrastructure, but I guess that's "Cool" to Republicans.

Petulant former President Barack Hussein Obama promised to rebuild our infrastructure and then passed the failed Stimulus Package. I don't know what you got, we got a $3.2 MILLION TURTLE TUNNEL. Wow!

Why didn't President Obama rebuild our infrastructure while getting us $10 TRILLION further in debt?

 

[Wry Catcher]

I agree with the Socialist Regressives that the rich aren't paying their fair share. They are paying way too much and it's time to lower the tax rates.

OMB: Top 20% pay 95% of taxes, middle class 'single digits'

It's not about the gross, it's about the net.

BTW, using the word "reform" with tax is a scam. Everyone with an annual earned income of $250,000 and below will lose, and those above will benefit.

 

[Markle]

You tax where the money is
You don't go after those struggling to survive

As you know, the vast majority of people struggling is due to their own bad choices.

Of course not

Most are doing the best with the hand they are dealt

Unlike most of Europe, regardless of the "hand they are dealt" people have and do move from one income bracket to another.

 

[rightwinger]

You tax where the money is
You don't go after those struggling to survive

As you know, the vast majority of people struggling is due to their own bad choices.

Of course not

Most are doing the best with the hand they are dealt

Unlike most of Europe, regardless of the "hand they are dealt" people have and do move from one income bracket to another.

Very true
But not nearly as often a generation ago

This is the first generation who will not be better off than their parents

Blame the Capitalists

 

[Markle]

BTW, using the word "reform" with tax is a scam. Everyone with an annual earned income of $250,000 and below will lose, and those above will benefit.

Not surprising. Once again you relish in boasting about your ignorance.

The tax reform legislation has not been released by you falsely claim to know what it contains.

 

[Markle]

Very true
But not nearly as often a generation ago

This is the first generation who will not be better off than their parents

Blame the Capitalists

Then how did Capitalism make us the greatest country in the world?

 

[rightwinger]

Very true
But not nearly as often a generation ago

This is the first generation who will not be better off than their parents

Blame the Capitalists

Then how did Capitalism make us the greatest country in the world?

We the People made it the greatest country

 

[Markle]

I agree with the Socialist Regressives that the rich aren't paying their fair share. They are paying way too much and it's time to lower the tax rates.

OMB: Top 20% pay 95% of taxes, middle class 'single digits'

Ouch! - that's gonna shatter some painful delusions.

According to the left....the rich need to be punished.
As a matter of fact, they should just hand liberals their check book and turn over the keys to their homes and cars....because they are all ill-gotten gains.

But only in America.
The wealthy in Europe get a pass.

True until you got to the part about Europe. They pay massive taxes plus almost every country has obscene Value Added Taxes (VAT)

I think you're confusing taxes in Europe with the UN movement attacking wealth concentrations in America....using man-made climate change as a vehicle to do so.

Yes, the UN is using Global Warming in an effort to redistribute wealth but taxes in most European countries far exceed that of our country plus they have VAT's.

 

[Dont Taz Me Bro]

I'd be interested to see how you came up with the 30%. The OP refers to federal income taxes. On $50,000 total income (gross, btw) that would be $15,000. Adjusted would be considerably less than $50,000 depending on family size and children's ages. Working parents, 2 children under 17, and their federal income tax liability is reduced to >0. Figuring in the 6.3% payroll tax of around $3,000 - you come up about $12,000 short.

As a rich guy who only pays 3% of his gross in taxes - nothing is forbidding you from paying in as much additional tax as you like. Make the check payable to the IRS...or better yet, do an electronic transfer. We'll all be very grateful.

Cop out

The problem with our tax structure is not a lack of volunteerism

Truth is never a cop out.
The problem with our tax structure is a lack of the Federal government living within its means...and volunteerism is the American way. Those who believe their percentile group isn't paying their fair share of federal income tax should put their money where their mouth is and pony up. It's the right thing to do.

The Government performs the functions We the People demand

We need a Government that helps those who need help

I don't say that because I am a Liberal......I say that because I am not an asshole

What’s stopping you from donating your time and money to help others

 

[Markle]

We the People made it the greatest country

True, NOT the government.

 

[Thinker101]

Very true
But not nearly as often a generation ago

This is the first generation who will not be better off than their parents

Blame the Capitalists

Then how did Capitalism make us the greatest country in the world?

We the People made it the greatest country

When you say we...that would be those of us that worked. Guess that leaves you out.

 

[rightwinger]

I agree with the Socialist Regressives that the rich aren't paying their fair share. They are paying way too much and it's time to lower the tax rates.

OMB: Top 20% pay 95% of taxes, middle class 'single digits'

Ouch! - that's gonna shatter some painful delusions.

According to the left....the rich need to be punished.
As a matter of fact, they should just hand liberals their check book and turn over the keys to their homes and cars....because they are all ill-gotten gains.

But only in America.
The wealthy in Europe get a pass.

True until you got to the part about Europe. They pay massive taxes plus almost every country has obscene Value Added Taxes (VAT)

I think you're confusing taxes in Europe with the UN movement attacking wealth concentrations in America....using man-made climate change as a vehicle to do so.

Yes, the UN is using Global Warming in an effort to redistribute wealth but taxes in most European countries far exceed that of our country plus they have VAT's.

No, the UN uses global warming to save the planet

If they are doing it to redistribute wealth, they are doing a piss poor job of it