'Taxing the Rich'

[Mr.Nick]

Unfortunately, this is not an issue that can be proven considering everyone is unique in their position when it comes to taxes.

You'd have to understand tax codes and different codes apply to people. So their tax situation would be unique..

Son, you still don't understand what income tax withholding is. Please go get a job and find out. Are you old enough to work without a permit in your state? It builds character. When you can't figure out why you didn't get paid the full amount your employer owes you, come back and we'll talk about it.

I know what the fuck withholding is.

Withholding is a de facto deduction.

What I've been trying to point out is that through deductions and credits MOST people (depending on the situation) don't pay any taxes...

You can talk about your withholdings all you fucking want but those are optional..

Can you prove all these 8 dollar an hour employees are withholding anything?

Pick 1, pick zero - whatever



Withholdings just happen to be convenient for your argument so therefore you will roll with it...

 

[Vanquish]

As has been explained throughout this thread, there's a fundamental difference in the FEELING of 33% on someone poor and someone who is rich.

Making people pay the same % regardless of income doesnt result in the same FEELING or effect.
Some of you want to keep as much of your money as possible, damn the effect on others. I'd be with that if there wasn't an overarching principle behind it, which is that we're all part of this country together. Why should ANYONE be asked to pay taxes AT ALL if you're going to make it harder on some and easier on others.

Again, easiness and hardness are relative terms. Relative means that unless you adjust the feeling wont be the same.

I'd like to think that we put the same EFFECT and FEELING on everyone in this country...because we're all in it together.

 

[OohPooPahDoo]

No, it doesn't.

You do know there's more than one tax levied, right?

O'rilly???

Sorry, these fools pay sales tax..... boo fucking hoo...

99% of these clowns don't own property so its not like they pay property tax...

Everyone pays property tax.

EVER HEARD OF THE HOMESTEAD EXEMPTION ?

Do you think that renters do not just because it is not them making the actual tax payment?

If the property tax on the apartment I rent doesn't get paid, do they confiscate my property or my landlady's?

Wanna explain why my rent has been the same for 4 years even though property taxes have gone up in that period?

You think their landlord says "you only have to pay the rent, and I'll cover the property taxes out of the kindness of my heart"? Think before you post stupid shit. If you rent, you are paying the property tax as part of your rent. Anyone with half a brain knows this.

If you rent, property taxes is one of the many expenses your landlord covers for you in exchange for rent. The property tax bill is sent to the LANDLORD and if it isn't paid it is the LANDLORD that is criminally and civilly liable - ultimately, its the LANDLORD whose property will be taken at point of a gun to pay an unpaid property tax, not the tenant.

 

[G.T.]

Someone needs to read between the lines better. Saying that generally people making up to $50k a year don't pay any taxes is absurb.

http://www.taxpolicycenter.org/UploadedPDF/412106_federal_income_tax.pdf

 

[Uncensored2008]

What the fuck are you even talking about?

The subject of the thread, the inequity of taxing different persons at different rates.

If we all pay 10%, those who make more, pay more. That is equitable. Graduated rates are not.

Your statement that all persons with the same AGI pay the same rate on a particular dollar is a platitude. Similar to the statement that all with same skin color can sit at the lunch counter, it absurdly attempts to make inequity sound equitable.

 

[OohPooPahDoo]

Withholding is a de facto deduction.

Dude you're fucking stupid. Get the fuck out of this thread and go get a job at the local McDonalds.

You can talk about your withholdings all you fucking want but those are optional..

The stupidity gets even stupider. Seriously, I AM trying to be a jackass - but NOT just for being a jackass's sake - you seriously are completely ignorant of the terminology you are using. If your mommy and daddy work for someone - they will receive a paycheck. Get them to show you their pay stub and explain to you what withholding is. Then you can come back .

Can you prove all these 8 dollar an hour employees are withholding anything?

withholding from paychecks isn't optional doucheface.

Withholdings just happen to be convenient for your argument so therefore you will roll with it...

YOU DON'T EVEN KNOW WHAT THEY ARE

 

[OohPooPahDoo]

If we all pay 10%, those who make more, pay more. That is equitable. Graduated rates are not.

Why not?

Your statement that all persons with the same AGI pay the same rate on a particular dollar is a platitude. Similar to the statement that all with same skin color can sit at the lunch counter, it absurdly attempts to make inequity sound equitable.

AGI isn't based on your skin color or anything you were born with and can't change. Stop being stupid.

 

[Mr.Nick]

You're confusing me with someone else.

You're the guy who said "if someone gets a return they didn't pay any taxes."

That's demonstrably false.

Now you're arguing with the point "well sometimes refunds are more than the person even paid in!"

Which, I didn't deny or even comment on.................in other words, yea. If people get refunds, that doesn't mean the Fed didn't net taxes from them, as your post, which was pretty ignorant, said.

No, what I said is generally NOT false...

There are situations where people do overpay their taxes and get a return, however generally speaking Those who make between 1-50k (depending on many factors) don't pay income taxes.

I will admit I was wrong in saying everyone who gets a return is paying no income tax... I should have been more precise, instead of general.

Like I said in a previous post - taxes are unique to the individual..

However it is true that 47% pay no taxes - the taxes they paid were refunded right back to them in the form of deductions and credits.

Look man, when I was a kid 95% of what I paid in taxes was given right back to me.

Saying that people making 1-50k generally don't pay income taxes is a pretty big farce, dude.

Well it all depends on who they are.....

Single, married, married with kids, assets, tax write offs etc... There are a lot of things that could determine if you will pay taxes or if you won't.

50k is a good threshold to use. You're probably writing checks to the government if you make more than 50k.

I mean you could be a single parent with 8 kids making 50k and you will probably pay no taxes at all..

On the other hand you could be an unmarried man making 50k and you will pay taxes..

I wish taxes were more black & white but its really a gray matter..

It is true that 47% don't pay any income taxes...

99% of total tax revenue received is paid by the wealthy... That can be easily proven.

 

[G.T.]

Way to walk that back.

 

[OohPooPahDoo]

50k is a good threshold to use. You're probably writing checks to the government if you make more than 50k.

Not if your employer is writing them for you. Wife and I made together $69,000 last year in gross income and we never wrote a single check to the government, our bosses did them for us, that's what withholding is. Our bosses sent too much money, though, so Uncle Sam settled up on the difference at the end of the year by writing us a check for $800.

Seriously kid, why NOT go get a job? Its good for you. You'll have a little extra money and will learn a lot of valuable lessons - not just about how taxes work and about how money works - but about people.

 

[OohPooPahDoo]

I wish taxes were more black & white but its really a gray matter..

Its a gray matter to you bc you don't know shit. Read the tax code, its black and white.

99% of total tax revenue received is paid by the wealthy... That can be easily proven.

It can easily be proven WRONG.

National Taxpayers Union - Who Pays Income Taxes?

97.30% of taxes are paid by people making over 33048 AGI. Sorry but 33048 AGI isn't "wealthy" by any means shit for brains.

 

[Mr.Nick]

Withholding is a de facto deduction.

Dude you're fucking stupid. Get the fuck out of this thread and go get a job at the local McDonalds.

You can talk about your withholdings all you fucking want but those are optional..

The stupidity gets even stupider. Seriously, I AM trying to be a jackass - but NOT just for being a jackass's sake - you seriously are completely ignorant of the terminology you are using. If your mommy and daddy work for someone - they will receive a paycheck. Get them to show you their pay stub and explain to you what withholding is. Then you can come back .

Can you prove all these 8 dollar an hour employees are withholding anything?

withholding from paychecks isn't optional doucheface.

Withholdings just happen to be convenient for your argument so therefore you will roll with it...

YOU DON'T EVEN KNOW WHAT THEY ARE

IRS Withholding Calculator

Use that tool...

Except for income its 00000000000000000..

I know what the fuck a withholding is...

And they are very optional...

Do you not have a choice????

 

[Nic_Driver]

Do you not know that if we took every frickin' dime they made this year it still wouldn't cover the deficit?

But it'll help and it's the right thing to do.

We need to increase revenue AND cut spending, the GOPer's are a one trick pony these days.

It's the stupid thing to do. It simply amazes me that lefties can breezily raise taxes on rich people and think there will be no consequences.

Consquenses like increased revenue?


Don't we need to increase revenue?

Or are you suggesting that there is some kind of threat in the offing?

 

[OohPooPahDoo]

Except for income its 00000000000000000..

I'm not even sure what that means dude.

And they are very optional...

Do you not have a choice????

NO YOU DO NOT HAVE A CHOICE. JESUS FUCKING CHRIST YOU ARE HARD TO GET THROUGH TO

 

[Mr.Nick]

I wish taxes were more black & white but its really a gray matter..

Its a gray matter to you bc you don't know shit. Read the tax code, its black and white.

99% of total tax revenue received is paid by the wealthy... That can be easily proven.

It can easily be proven WRONG.

National Taxpayers Union - Who Pays Income Taxes?

97.30% of taxes are paid by people making over 33048 AGI. Sorry but 33048 AGI isn't "wealthy" by any means shit for brains.

You don't know what the fuck you're talking about...

You're trying to tell me I don't have a choice in withholding when I absolutely do..

If I really wanted to I could withhold a ton, if I really wanted to I could withhold pretty much nothing.

It all depends how you fill out the fucking 1040...

 

[Steelplate]

Whats so wrong with being successful??

Besides, creating wealth is not a bad thing.

IMO, in modern times the government is guilty of racketeering.

Dude... you aren't paying attention to your surroundings.

There's nothing "Wrong" with being successful. What is wrong is fucking the country to GET SUCCESSFUL!!!

Which the way a hell of a lot of these have gotten their Huge jumps in personal Income. By taking it away from the populous... By Outsourcing, By Corporate Welfare and gerrymandering, by convincing people like you that THEY ARE JUST LIKE YOU!

They are good at it too. How much you think they pay Rush and his fellow goons to shout from the rooftops what I personally feel is a masterfully designed Marketing campaign to talk a large chunk of people into voting away from their own self interest and voting for even more power into their hands?

They know what they're doing.... you are the one who bought it hook line and sinker. They tell you that any taxation and regulation is SOCIALISM! That's a good, scary word... COMMUNISM... there's another one.

Because they know you don't have the brains in your head to really understand the concept of OLIGARCHY or PLUTOCRACY.... those are relatively new terms to the mainstream, so they don't scare you like SOCIALISM and COMMUNISM.

I give up...and I really don't mean to pick on you alone... sorry about that. You were just the guy I responded to.

Let me ask a simple question... How much is enough? How much control and power over us do they have to have before you realize that unabated Capitalism is JUST AS BAD as unabated SOCIALISM OR COMMUNISM?

When will you guys realize that we need both. Both of those sides... Capitalism and Socialism keep things in balance. The real problem is... and I am not picking on one party or the other... is that we have given way too much control over our corporate structure and the banking industry. They have accumulated so much wealth and power that we are either AT or very near the same levels as the Robber/Baron days at the turn of the 20th Century.

They can do anything... and no one really questions it. Sure, every once in a while a Bernie Madoff gets inextricably caught and is punished... but never on the scale that it needs to be. Why? Fear... fear of losing jobs? Hell.... Jobs for people who USED to work in factories have already gone... sold to the lowest bidder in a country where the cost of living is incredibly lower than ours.

So what is it? How much is enough. Don't answer a question with a question, like I know you guys are apt to do... How much Governmental control is enough?... it's like I can read your fucking minds, isn't it? I'll tell you the answer to that when you guys answer mine honestly.

 

[Mr.Nick]

Except for income its 00000000000000000..

I'm not even sure what that means dude.

And they are very optional...

Do you not have a choice????

NO YOU DO NOT HAVE A CHOICE. JESUS FUCKING CHRIST YOU ARE HARD TO GET THROUGH TO

Of course you dont know what "0" means.... Oh and we're only talking about withholding here.

 

[OohPooPahDoo]

I wish taxes were more black & white but its really a gray matter..

Its a gray matter to you bc you don't know shit. Read the tax code, its black and white.

99% of total tax revenue received is paid by the wealthy... That can be easily proven.

It can easily be proven WRONG.

National Taxpayers Union - Who Pays Income Taxes?

97.30% of taxes are paid by people making over 33048 AGI. Sorry but 33048 AGI isn't "wealthy" by any means shit for brains.

You don't know what the fuck you're talking about...

You're trying to tell me I don't have a choice in withholding when I absolutely do..

If I really wanted to I could withhold a ton, if I really wanted to I could withhold pretty much nothing.

It all depends how you fill out the fucking 1040...

You don't fill out a 1040 for withholding, you fill out a W4.





I'm not even going to bother to hurl insults anymore, its not worth it. Shooting fish in a barrel would be relatively challenging in comparison.

And BTW, children your age shouldn't be cursing. I know its something grown ups do alot, but you should try to avoid it if you're a child.

 

[Wiseacre]

But it'll help and it's the right thing to do.

We need to increase revenue AND cut spending, the GOPer's are a one trick pony these days.

It's the stupid thing to do. It simply amazes me that lefties can breezily raise taxes on rich people and think there will be no consequences.

Consquenses like increased revenue?


Don't we need to increase revenue?

Or are you suggesting that there is some kind of threat in the offing?

Go back and read what I've written in this thread about the consequences of raising taxes. I don't feel like repeating myself.

 

[OohPooPahDoo]

It's the stupid thing to do. It simply amazes me that lefties can breezily raise taxes on rich people and think there will be no consequences.

Consquenses like increased revenue?


Don't we need to increase revenue?

Or are you suggesting that there is some kind of threat in the offing?

Go back and read what I've written in this thread about the consequences of raising taxes. I don't feel like repeating myself.

Taxes are the lowest they've ever been. The "consequence" to raising them a little bit would be a smaller deficit.