Taxing the rich -- then and now

[ilia25]

Over the same period, those high-income households have earned a larger and larger share of overall income, too.

 

[LeftCoastVoter]

whoa whoa whoa!!! all that math and numbers are way too difficult for the right to understand.

 

[occupied]

It's a much flatter rate of taxation than we used to have, another conservative myth yields negative results.

 

[Dont Taz Me Bro]

 

[g5000]

 

[ilia25]

Yup -- that is what this country was back in 60s-70s. A COMMUNIST STATE!

 

[g5000]

CARPE DIEM: Tax Rates and Share of Tax Revenues from Top 1%

 

[ilia25]

The rich are earning an ever bigger share of overall income. That is why they share of taxes is rising, although at a much slower rate.

 

[g5000]

http://therealrevo.com/blog/wp-content/uploads/2010/07/FederalSpending077.gif

 

[ilia25]

CARPE DIEM: Tax Rates and Share of Tax Revenues from Top 1%

If the rich will end up earning 99% of the overall income, do you think they will complain about paying 99% of taxes?

I am absolutely sure that they will.

 

[g5000]

Federal Spending Exceeds Federal Revenue by More than $1 Trillion

,

 

[g5000]

CARPE DIEM: Tax Rates and Share of Tax Revenues from Top 1%

If the rich will end up earning 99% of the overall income, do you think they will complain that they pay 99% of taxes?

I am absolutely sure that they will.

If the government is growing its spending faster than America is growing its income, do you think Democrats will complain?

I am absolutely sure that they won't.


.

 

[ilia25]

CARPE DIEM: Tax Rates and Share of Tax Revenues from Top 1%

If the rich will end up earning 99% of the overall income, do you think they will complain that they pay 99% of taxes?

I am absolutely sure that they will.

If the government is growing its spending faster than America is growing its income, do you think Democrats will complain?

I am absolutely sure that they won't.

Bullshit -- cutting the deficit is one of the reasons Dems want to rise taxes

 

[g5000]

If the rich will end up earning 99% of the overall income, do you think they will complain that they pay 99% of taxes?

I am absolutely sure that they will.

If the government is growing its spending faster than America is growing its income, do you think Democrats will complain?

I am absolutely sure that they won't.

Bullshit -- cutting the deficit is one of the reasons Dems want to rise taxes

No. They want to raise taxes so they can spend them.

.

 

[LeftCoastVoter]

If the government is growing its spending faster than America is growing its income, do you think Democrats will complain?

I am absolutely sure that they won't.

Bullshit -- cutting the deficit is one of the reasons Dems want to rise taxes

No. They want to raise taxes so they can spend them.

.

the money is already spent, whether it has to be borrowed or generated through new taxes. is this difficult to understand?

 

[occupied]

Federal Spending Exceeds Federal Revenue by More than $1 Trillion

,

What this chart really shows is the failure of republican policy who have been really eager to give out tax cuts as stimulus while being pretty negligent in paying for them with spending cuts and then not seeing it as a failure when stimulation of the economy fails to materialize.

 

[Dont Taz Me Bro]

Yup -- that is what this country was back in 60s-70s. A COMMUNIST STATE!

I'm referring to you, not the country. If you're offended by the inference, stop pushing the theory.

 

[Dont Taz Me Bro]

CARPE DIEM: Tax Rates and Share of Tax Revenues from Top 1%

If the rich will end up earning 99% of the overall income, do you think they will complain about paying 99% of taxes?

I am absolutely sure that they will.

Mere speculation based on your bias born from jealous and envy. That's not a good way to go through life.

 

[ilia25]

If the government is growing its spending faster than America is growing its income, do you think Democrats will complain?

I am absolutely sure that they won't.

Bullshit -- cutting the deficit is one of the reasons Dems want to rise taxes

No. They want to raise taxes so they can spend them.

Telling lies only makes you look ridiculous.

 

[ilia25]

CARPE DIEM: Tax Rates and Share of Tax Revenues from Top 1%

If the rich will end up earning 99% of the overall income, do you think they will complain about paying 99% of taxes?

I am absolutely sure that they will.

Mere speculation based on your bias born from jealous and envy. That's not a good way to go through life.

The fact that the rich are paying a bigger share in taxes ONLY because they are earning a bigger share of overall income is not a speculation.

That is a fact.