Raw reality on taxes; Rich vs poor

Discussion in 'Politics' started by bucs90, Sep 21, 2011.

  1. bucs90
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    bucs90 Gold Member

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    So, we all know that the rich pay income tax, and the poor do NOT pay income tax. The rich also pay higher payroll taxes than the poor or middle, simply because they earn more.

    But Obama's Class War is about capital gains, which the rich pay a much smaller rate on.

    Which led me to ask...........what % do poor people pay on their capital gains????????????

    Oh. They don't pay capital gains taxes....do they?

    So it has NOTHING to do with fairness, as poor people don't have capital gains, thus, the rich can't have a rate lower than someone who doesn't pay it at all.

    So this is ONLY about greed. About wanting more of other peoples money. Has NOTHING to do with fairness or equality.

    Unless you show me the folks in the ghetto who pay capital gains tax rates higher than a rich person.
     
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  2. bucs90
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    bucs90 Gold Member

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    Ok. Hours go by....and no liberal can refute this.

    So case closed. The only tax that the rich pay a relatively low rate on is capital gains. And it is NOT unfair because poor people....DONT PAY CAPITAL GAINS TAXES.

    Thus, Obama's Class War is not about equality, since, well, poor people dont pay the taxes that the rich have lower rates on.
     
  3. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    One of the most ridiculous points I have ever heard

    If I make $30,000 working all year in a sewer, why do I pay more in taxes than someone who made $30,000 in a stock trade?
     
  4. martybegan
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    martybegan Gold Member

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    because you cant lose $$ working in the sewer, and you didnt have to put in an inital investment to work in that sewer (FYI, i kinda work in sewers).

    Also note that the sewer workers pension and/or 401k also made a better return of that lower tax rate, if the stock in there did well.
     
  5. truthsaga
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    truthsaga Economic and BlowBack Ace

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    51% pay taxes? We are half way there... to nobody having to pay these unjust taxes.
     
  6. bucs90
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    bucs90 Gold Member

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    You don't. It's as simple as that.

    You pay less than that person in payroll tax.
    You dont pay any income tax at all, and he likely does.
    You pay ZERO in capital gains taxes, he pays a % of that $30,000.


    Just like how I pay sales tax, property tax, payroll tax, etc, etc, etc.

    We don't have a Flat Tax. Our taxes are classified in different categories.

    Thus, the only tax the rich dont pay a huge % on is their capital gains taxes. And poor and middle class people dont pay those. Some middle class families MIGHT pay them if they invest their extra income. And if they do......guess what? They'll pay the capital gains tax rate like the rich do.

    You and Obama's Class War is based on NOTHING but greed, envy and a simple, pure hatred of those who have more than you.
     
  7. bucs90
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    bucs90 Gold Member

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    And btw "rightwinger", what would be a good way to encourage people to INVEST? Possibly by offering a lower tax rate on the money you get in return on that investment. That investing.....is kinda what makes our economy grow, ya know?

    So, our government says "Take the risk....and you are rewarded by a lower tax on your investment return."

    That has absolutely nothing to do with income tax, payroll tax, property tax, state tax, local tax, and all the other taxes that the rich pay MORE in than you or I.

    Obama's War on Well Off Americans is based purely on greed and outright hatred by the left for those who have been successful.
     
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  8. ladyliberal
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    ladyliberal Progressive Princess

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    Of course poor people do not generally pay capital gains taxes (although there are people with negative net worths and substantial investments). The arguments for raising taxes on investment income are not premised on any contrary assumption.

    Your thinking suggests that no one should pay capital gains taxes unless everyone does (which of course they don't). Perhaps nobody should pay payroll taxes either, for the same reason. Is that your notion of fairness?

    Is it greedy to support higher taxes on the wealthy in order to support the poor and the middle class? I know plenty of people who would pay higher taxes under some sort of "tax the rich" plan and who nevertheless support such plans. Are they greedy? Or are there other reasons someone would support shifting societal responsibilities more towards those best able to pay?

    Asking yourself "What is fair?" without any recourse to societal realities cannot possibly tell you what the "correct" tax rate is (supposing there is one).
     
  9. ladyliberal
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    ladyliberal Progressive Princess

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    This is simply not how the US federal tax system works. The sewer worker without other income would pay payroll and income taxes but not capital gains taxes. The person with stock revenue and no other income would pay capital gains taxes but not payroll taxes or other income taxes. The capital gains rate, if long-term, would be lower than the income tax rate for the sewer worker: Capital gains tax in the United States - Wikipedia, the free encyclopedia.
     
  10. bucs90
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    bucs90 Gold Member

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    Hey stupid ass, your local sales tax is set by YOUR LOCAL CITY AND STATE GOVERNMENT, not the federal government.

    Jesus Christ liberals are such retards.
     

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