The Liberal Myth that the Rich Pay "Virtually No Taxes"

[TooTall]

Sorry Mike but....on factual grounds you may win this arguement. You will also win this arguement on moral grounds. But you will never win this arguement under the current conditions of politics/tax code in this country. As long as a large % of the adult population in the US pays 0 or less federal tax, they have no inclination to fight against overtaxing. The politicians have purposely set it up this way so as they have a group to pander to in elections. We both know this, and so does every lefty on this board, and good luck beating your head against the wall trying to get them to admit it; although I do appreciate your using facts in an attempt to try and get them to do so!

As the wise say...........a 10% rise in taxes on 100 dollars is 10 bucks. A 10% rise on zero taxes is still zero. Nothing from nothing means nothing to them financially, so how we gonna win that arguement on any political grounds?

he wins neither argument. and the people who pay no taxes CAN'T pay taxes because they don't have sufficient earnings or they are exempt (e.g., social security recipients or those in the military).

when people say the rich pay no taxes, they mean PROPORTIONATE TO THEIR EARNINGS.

I pay a certain percentage of income in taxes. someone who makes millions should pay the same percentage.

and multinational corporations like exxon mobile pay almost nothing.... or nothing at all.

and if someone earns their money from dividends, they should be taxed at the same rate as someone who earns the same amount as a W-2 employee or independent contractor

You have a problem with the tax code. The top percentage is around 39% on wages and salaries and raising the tax rate on dividends would stop investors from putting money in the stock market. That would not be good for the economy.

 

[Campbell]

If the rich pay "virtually nothing" in taxes, as liberals continue to claim, how is it that they pay the majority of federal personal income taxes? According to federal income tax data, the top 1% pay about 45% of all federal income taxes. The top 10% pay at least 60% of all federal income taxes. And the top 20% pay over 80% of all federal income taxes.

Top 1% pay nearly half of federal income taxes

Top 10 Percent of Earners Paid 68 Percent of Federal Income Taxes

Top 20% of Earners Pay 84% of Income Tax

STEPHEN MOORE: Do the rich pay their fair share of taxes?

Do the rich pay lower taxes than the middle class?

The Rich Pay More than Their Fair Share of Taxes | Economics21

What's more, the top 1% pay around 24% of all federal taxes (income taxes, corporate taxes, tariffs, etc.). The top 10% pay over 50% of all federal taxes.

1 Percenters Pay 24 Percent and Top 10 Percent Pay 53.3 Percent of All Federal Taxes

And this is on top of the huge amount of county and state taxes that the rich pay, especially rich people who own businesses. I have two relatives who own businesses, and I can't believe how much they get soaked in county and state taxes, especially property taxes.

Liberals who go around peddling the kool-aid myth that "the rich pay virtually no taxes" or that "the average rich person pays less than a middle-income earner" obviously don't know any rich people and/or any business owners and are basing these silly claims on grossly misleading "studies" churned out by liberal think tanks and economists.

I liked it the way it was before Ronald Reagan slashed rates for the rich and quadrupled the national debt. they're gonna spend by god they should tax to cover it:

..............................................Total U S Debt................................................

Figures Easily Verified....Taken From the Bureau of the Debt

US: $18,775,084,981,440 - Debt as of December 2015?

09/30/2014 $17,824,071,380,733.82

09/30/2013 $16,738,183,526,697.32

09/30/2012 $16,066,241,407,385.89

09/30/2011 $14,790,340,328,557.15

09/30/2010 $13,561,623,030,891.79

09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accommodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48

09/30/2006 $8,506,973,899,215.23

09/30/2005 $7,932,709,661,723.50

09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)

09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)

09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62

09/30/1997 $5,413,146,011,397.34

09/30/1996 $5,224,810,939,135.73

09/29/1995 $4,973,982,900,709.39

09/30/1994 $4,692,749,910,013.32 (Bill Clinton Raised Taxes On The Rich early 1993)

09/30/1993 $4,411,488,883,139.38 ( Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66

09/30/1991 $3,665,303,351,697.03

09/28/1990 $3,233,313,451,777.25

09/29/1989 $2,857,430,960,187.32

09/30/1988 $2,602,337,712,041.16

09/30/1987 $2,350,276,890,953.00

09/30/1986 $2,125,302,616,658.42

09/30/1985 $1,823,103,000,000.00

09/30/1984 $1,572,266,000,000.00

09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)(Reagan Slashed Tax Rates To Pre Depression Levels)

09/30/1981 $997,855,000,000.00

Look Closely At The Upper 1% Line at the End of Clinton's Two Terms....Then Bush Cut Taxes For His Rich Oil Buds Not Once But Twice....2001 and 2003

Notice That The Lower Half Of All Earners Have Lost Purchasing Power Since 1979!

 

[TooTall]

You really are dumb aren't you?

I'm smart enough to see when you make claims you can't support.

You never herd of the proposition for the fair tax?

Are you that out of touch?

A consumption tax takes my money.

I'm sorry you can't see the difference between levying taxes and confiscating income

Requiring me to pay a tax on transactions is taking my income by force, albeit legal force.

Do you think payroll taxes are voluntary?

 

[Wildman]

Liberals who go around peddling the kool-aid myth that "the rich pay virtually no taxes"

liberliars are granted a license to lie by their traitorist leader.., O'Husseinbama, the absolute worst person to ever disgrace the doorways of our Whitehouse.

 

[Skull Pilot]

If the rich pay "virtually nothing" in taxes, as liberals continue to claim, how is it that they pay the majority of federal personal income taxes? According to federal income tax data, the top 1% pay about 45% of all federal income taxes. The top 10% pay at least 60% of all federal income taxes. And the top 20% pay over 80% of all federal income taxes.

Top 1% pay nearly half of federal income taxes

Top 10 Percent of Earners Paid 68 Percent of Federal Income Taxes

Top 20% of Earners Pay 84% of Income Tax

STEPHEN MOORE: Do the rich pay their fair share of taxes?

Do the rich pay lower taxes than the middle class?

The Rich Pay More than Their Fair Share of Taxes | Economics21

What's more, the top 1% pay around 24% of all federal taxes (income taxes, corporate taxes, tariffs, etc.). The top 10% pay over 50% of all federal taxes.

1 Percenters Pay 24 Percent and Top 10 Percent Pay 53.3 Percent of All Federal Taxes

And this is on top of the huge amount of county and state taxes that the rich pay, especially rich people who own businesses. I have two relatives who own businesses, and I can't believe how much they get soaked in county and state taxes, especially property taxes.

Liberals who go around peddling the kool-aid myth that "the rich pay virtually no taxes" or that "the average rich person pays less than a middle-income earner" obviously don't know any rich people and/or any business owners and are basing these silly claims on grossly misleading "studies" churned out by liberal think tanks and economists.

I liked it the way it was before Ronald Reagan slashed rates for the rich and quadrupled the national debt. they're gonna spend by god they should tax to cover it:

..............................................Total U S Debt................................................

Figures Easily Verified....Taken From the Bureau of the Debt

US: $18,775,084,981,440 - Debt as of December 2015?

09/30/2014 $17,824,071,380,733.82

09/30/2013 $16,738,183,526,697.32

09/30/2012 $16,066,241,407,385.89

09/30/2011 $14,790,340,328,557.15

09/30/2010 $13,561,623,030,891.79

09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accommodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48

09/30/2006 $8,506,973,899,215.23

09/30/2005 $7,932,709,661,723.50

09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)

09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)

09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62

09/30/1997 $5,413,146,011,397.34

09/30/1996 $5,224,810,939,135.73

09/29/1995 $4,973,982,900,709.39

09/30/1994 $4,692,749,910,013.32 (Bill Clinton Raised Taxes On The Rich early 1993)

09/30/1993 $4,411,488,883,139.38 ( Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66

09/30/1991 $3,665,303,351,697.03

09/28/1990 $3,233,313,451,777.25

09/29/1989 $2,857,430,960,187.32

09/30/1988 $2,602,337,712,041.16

09/30/1987 $2,350,276,890,953.00

09/30/1986 $2,125,302,616,658.42

09/30/1985 $1,823,103,000,000.00

09/30/1984 $1,572,266,000,000.00

09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)(Reagan Slashed Tax Rates To Pre Depression Levels)

09/30/1981 $997,855,000,000.00

Look Closely At The Upper 1% Line at the End of Clinton's Two Terms....Then Bush Cut Taxes For His Rich Oil Buds Not Once But Twice....2001 and 2003

Notice That The Lower Half Of All Earners Have Lost Purchasing Power Since 1979!

So you really want to go back to pre-Reagan tax rates?

You do realize that the lowest bracket was 14% not 10 and that if you were singlr making 45K a year you would be in the 55% bracket

Be careful what you wish for

 

[NightFox]

If the rich pay "virtually nothing" in taxes, as liberals continue to claim, how is it that they pay the majority of federal personal income taxes? According to federal income tax data, the top 1% pay about 45% of all federal income taxes. The top 10% pay at least 60% of all federal income taxes. And the top 20% pay over 80% of all federal income taxes.

Mike, there's no question that from an aggregate personal income tax standpoint your premise is accurate, however aggregate personal income taxes alone do not tell the whole story. Keep in mind that the current tax code heavily favors the well-to-do and the well connected and why wouldn't it? after all it's the well heeled that were responsible for what's in it, any rational person looking at the monstrosity that is our tax code can plainly see that in order to "get the most" from it one requires a legion of tax "experts" and who do you think can afford that? In my estimation the very top echelons of the income ladder are perfectly happy with our tax code since if they weren't they have the wherewithal (finances and connections) to change it to fit their desires.

Some other factors to consider are; who benefits from the distribution effects of inflation the most? (in a nutshell: he who gets his paws on newly printed money first gets to deploy it without suffering the negative impacts of monetary supply expansion (rising prices), while he who is the last in line for that money suffers the greatest depreciation of that money). Along with benefiting from inflation, who is deriving the most benefit from all this atrocious government spending? It certainly doesn't appear that it's the poor since they only get approximately 18 cents of every subsidy dollar that is spent.

Don't get me wrong, I don't buy into any of the left wing bullshit about "fairness" since that is a highly subjective term but there is a point to be examined with respect to who exactly benefits the most from the current system and who suffers at it's hands. Personally I'm all for a system of flat taxation coupled with sound money and VASTLY reduced government spending, that I think is the MORAL direction.

 

[Wildman]

You must not went to a liberal university

THAT! is exactly what is wrong with this country.., too fucking many mush for brain fools went to liberscum universities and colleges, anyone graduating from a conservative high school (if there are any) is ten times more conservative, intelligent and patriotic than ten liberfool educated college/university fucktards.

 

[Campbell]

If the rich pay "virtually nothing" in taxes, as liberals continue to claim, how is it that they pay the majority of federal personal income taxes? According to federal income tax data, the top 1% pay about 45% of all federal income taxes. The top 10% pay at least 60% of all federal income taxes. And the top 20% pay over 80% of all federal income taxes.

Top 1% pay nearly half of federal income taxes

Top 10 Percent of Earners Paid 68 Percent of Federal Income Taxes

Top 20% of Earners Pay 84% of Income Tax

STEPHEN MOORE: Do the rich pay their fair share of taxes?

Do the rich pay lower taxes than the middle class?

The Rich Pay More than Their Fair Share of Taxes | Economics21

What's more, the top 1% pay around 24% of all federal taxes (income taxes, corporate taxes, tariffs, etc.). The top 10% pay over 50% of all federal taxes.

1 Percenters Pay 24 Percent and Top 10 Percent Pay 53.3 Percent of All Federal Taxes

And this is on top of the huge amount of county and state taxes that the rich pay, especially rich people who own businesses. I have two relatives who own businesses, and I can't believe how much they get soaked in county and state taxes, especially property taxes.

Liberals who go around peddling the kool-aid myth that "the rich pay virtually no taxes" or that "the average rich person pays less than a middle-income earner" obviously don't know any rich people and/or any business owners and are basing these silly claims on grossly misleading "studies" churned out by liberal think tanks and economists.

I liked it the way it was before Ronald Reagan slashed rates for the rich and quadrupled the national debt. they're gonna spend by god they should tax to cover it:

..............................................Total U S Debt................................................

Figures Easily Verified....Taken From the Bureau of the Debt

US: $18,775,084,981,440 - Debt as of December 2015?

09/30/2014 $17,824,071,380,733.82

09/30/2013 $16,738,183,526,697.32

09/30/2012 $16,066,241,407,385.89

09/30/2011 $14,790,340,328,557.15

09/30/2010 $13,561,623,030,891.79

09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accommodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48

09/30/2006 $8,506,973,899,215.23

09/30/2005 $7,932,709,661,723.50

09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)

09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)

09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62

09/30/1997 $5,413,146,011,397.34

09/30/1996 $5,224,810,939,135.73

09/29/1995 $4,973,982,900,709.39

09/30/1994 $4,692,749,910,013.32 (Bill Clinton Raised Taxes On The Rich early 1993)

09/30/1993 $4,411,488,883,139.38 ( Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66

09/30/1991 $3,665,303,351,697.03

09/28/1990 $3,233,313,451,777.25

09/29/1989 $2,857,430,960,187.32

09/30/1988 $2,602,337,712,041.16

09/30/1987 $2,350,276,890,953.00

09/30/1986 $2,125,302,616,658.42

09/30/1985 $1,823,103,000,000.00

09/30/1984 $1,572,266,000,000.00

09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)(Reagan Slashed Tax Rates To Pre Depression Levels)

09/30/1981 $997,855,000,000.00

Look Closely At The Upper 1% Line at the End of Clinton's Two Terms....Then Bush Cut Taxes For His Rich Oil Buds Not Once But Twice....2001 and 2003

Notice That The Lower Half Of All Earners Have Lost Purchasing Power Since 1979!

So you really want to go back to pre-Reagan tax rates?

You do realize that the lowest bracket was 14% not 10 and that if you were singlr making 45K a year you would be in the 55% bracket

Be careful what you wish for

I'm 81 years old. Back in the day anyone who made more than $300,000 a year paid 91% of the excess in taxes. The only difference I noticed was that there weren't as many privately owned ocean going yachts and private planes. Screw the people who ride the labors of others to become filthy rich...either that or use personal advantage in the stock market. 'Course there's always a chance they inherited it. In the late 1940's a corporate executive earned 12-15 times what a carpenter or plumber made. By 1970 that had changed to about 100 times as much. In 2012 a typical CEO made 550 times what an average worker made in this country. Just how much do you goddamned greedy assholes want? What will it take to satisfy you?

 

[Wildman]

Can someone provide me a real example of someone paying 40% tax rate ?

Other than a lottery winner

THAT!! is one of the biggest Gvmt. scams to ever hit the lotto/lottery.., that dollar or two spent on the winning ticket was taxed several times and taxing the winner nearly 50% is thievery by the Gvmt.

 

[Skull Pilot]

If the rich pay "virtually nothing" in taxes, as liberals continue to claim, how is it that they pay the majority of federal personal income taxes? According to federal income tax data, the top 1% pay about 45% of all federal income taxes. The top 10% pay at least 60% of all federal income taxes. And the top 20% pay over 80% of all federal income taxes.

Top 1% pay nearly half of federal income taxes

Top 10 Percent of Earners Paid 68 Percent of Federal Income Taxes

Top 20% of Earners Pay 84% of Income Tax

STEPHEN MOORE: Do the rich pay their fair share of taxes?

Do the rich pay lower taxes than the middle class?

The Rich Pay More than Their Fair Share of Taxes | Economics21

What's more, the top 1% pay around 24% of all federal taxes (income taxes, corporate taxes, tariffs, etc.). The top 10% pay over 50% of all federal taxes.

1 Percenters Pay 24 Percent and Top 10 Percent Pay 53.3 Percent of All Federal Taxes

And this is on top of the huge amount of county and state taxes that the rich pay, especially rich people who own businesses. I have two relatives who own businesses, and I can't believe how much they get soaked in county and state taxes, especially property taxes.

Liberals who go around peddling the kool-aid myth that "the rich pay virtually no taxes" or that "the average rich person pays less than a middle-income earner" obviously don't know any rich people and/or any business owners and are basing these silly claims on grossly misleading "studies" churned out by liberal think tanks and economists.

I liked it the way it was before Ronald Reagan slashed rates for the rich and quadrupled the national debt. they're gonna spend by god they should tax to cover it:

..............................................Total U S Debt................................................

Figures Easily Verified....Taken From the Bureau of the Debt

US: $18,775,084,981,440 - Debt as of December 2015?

09/30/2014 $17,824,071,380,733.82

09/30/2013 $16,738,183,526,697.32

09/30/2012 $16,066,241,407,385.89

09/30/2011 $14,790,340,328,557.15

09/30/2010 $13,561,623,030,891.79

09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accommodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48

09/30/2006 $8,506,973,899,215.23

09/30/2005 $7,932,709,661,723.50

09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)

09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)

09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62

09/30/1997 $5,413,146,011,397.34

09/30/1996 $5,224,810,939,135.73

09/29/1995 $4,973,982,900,709.39

09/30/1994 $4,692,749,910,013.32 (Bill Clinton Raised Taxes On The Rich early 1993)

09/30/1993 $4,411,488,883,139.38 ( Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66

09/30/1991 $3,665,303,351,697.03

09/28/1990 $3,233,313,451,777.25

09/29/1989 $2,857,430,960,187.32

09/30/1988 $2,602,337,712,041.16

09/30/1987 $2,350,276,890,953.00

09/30/1986 $2,125,302,616,658.42

09/30/1985 $1,823,103,000,000.00

09/30/1984 $1,572,266,000,000.00

09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)(Reagan Slashed Tax Rates To Pre Depression Levels)

09/30/1981 $997,855,000,000.00

Look Closely At The Upper 1% Line at the End of Clinton's Two Terms....Then Bush Cut Taxes For His Rich Oil Buds Not Once But Twice....2001 and 2003

Notice That The Lower Half Of All Earners Have Lost Purchasing Power Since 1979!

So you really want to go back to pre-Reagan tax rates?

You do realize that the lowest bracket was 14% not 10 and that if you were singlr making 45K a year you would be in the 55% bracket

Be careful what you wish for

I'm 81 years old. Back in the day anyone who made more than $300,000 a year paid 91% of the excess in taxes. The only difference I noticed was that there weren't as many privately owned ocean going yachts and private planes. Screw the people who ride the labors of others to become filthy rich...either that or use personal advantage in the stock market. 'Course there's always a chance they inherited it. In the late 1940's a corporate executive earned 12-15 times what a carpenter or plumber made. By 1970 that had changed to about 100 times as much. In 2012 a typical CEO made 550 times what an average worker made in this country. Just how much do you goddamned greedy assholes want? What will it take to satisfy you?

I worked my ass off to make what I make and wanting to keep it is not greedy

Greedy is other people saying I don't have a right to keep my own fucking money

 

[Wilbur Right]

Revenues went UP and the budget was balanced after Clinton's 93 tax increase.

Two words

Tech Bubble

So the revenue increases were caused by too much investment?

lolol. I thought tax increases killed investment.

You once again demonstrate your ignorance of the economy

Clinton was the benefactor of a bubble that luckily burst right after he left office

You dodged the truth. Keep on being you.

The truth that Clinton surfed a stock market bubble out of office

If you think a bubble is caused by investing in healthy market conditions you must have forgotten the dot bomb era and the later housing bubble I suppose that was too much investment as well

s=kull
Seeing as how you seem to believe that Bush was responsible for nothing, how was it that Clinton was responsible for both the high tech bubble and the subsequent collapse.

This ought to be good.

 

[imawhosure]

If the rich pay "virtually nothing" in taxes, as liberals continue to claim, how is it that they pay the majority of federal personal income taxes? According to federal income tax data, the top 1% pay about 45% of all federal income taxes. The top 10% pay at least 60% of all federal income taxes. And the top 20% pay over 80% of all federal income taxes.

Top 1% pay nearly half of federal income taxes

Top 10 Percent of Earners Paid 68 Percent of Federal Income Taxes

Top 20% of Earners Pay 84% of Income Tax

STEPHEN MOORE: Do the rich pay their fair share of taxes?

Do the rich pay lower taxes than the middle class?

The Rich Pay More than Their Fair Share of Taxes | Economics21

What's more, the top 1% pay around 24% of all federal taxes (income taxes, corporate taxes, tariffs, etc.). The top 10% pay over 50% of all federal taxes.

1 Percenters Pay 24 Percent and Top 10 Percent Pay 53.3 Percent of All Federal Taxes

And this is on top of the huge amount of county and state taxes that the rich pay, especially rich people who own businesses. I have two relatives who own businesses, and I can't believe how much they get soaked in county and state taxes, especially property taxes.

Liberals who go around peddling the kool-aid myth that "the rich pay virtually no taxes" or that "the average rich person pays less than a middle-income earner" obviously don't know any rich people and/or any business owners and are basing these silly claims on grossly misleading "studies" churned out by liberal think tanks and economists.

I liked it the way it was before Ronald Reagan slashed rates for the rich and quadrupled the national debt. they're gonna spend by god they should tax to cover it:

..............................................Total U S Debt................................................

Figures Easily Verified....Taken From the Bureau of the Debt

US: $18,775,084,981,440 - Debt as of December 2015?

09/30/2014 $17,824,071,380,733.82

09/30/2013 $16,738,183,526,697.32

09/30/2012 $16,066,241,407,385.89

09/30/2011 $14,790,340,328,557.15

09/30/2010 $13,561,623,030,891.79

09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accommodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48

09/30/2006 $8,506,973,899,215.23

09/30/2005 $7,932,709,661,723.50

09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)

09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)

09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62

09/30/1997 $5,413,146,011,397.34

09/30/1996 $5,224,810,939,135.73

09/29/1995 $4,973,982,900,709.39

09/30/1994 $4,692,749,910,013.32 (Bill Clinton Raised Taxes On The Rich early 1993)

09/30/1993 $4,411,488,883,139.38 ( Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66

09/30/1991 $3,665,303,351,697.03

09/28/1990 $3,233,313,451,777.25

09/29/1989 $2,857,430,960,187.32

09/30/1988 $2,602,337,712,041.16

09/30/1987 $2,350,276,890,953.00

09/30/1986 $2,125,302,616,658.42

09/30/1985 $1,823,103,000,000.00

09/30/1984 $1,572,266,000,000.00

09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)(Reagan Slashed Tax Rates To Pre Depression Levels)

09/30/1981 $997,855,000,000.00

Look Closely At The Upper 1% Line at the End of Clinton's Two Terms....Then Bush Cut Taxes For His Rich Oil Buds Not Once But Twice....2001 and 2003

Notice That The Lower Half Of All Earners Have Lost Purchasing Power Since 1979!

So you really want to go back to pre-Reagan tax rates?

You do realize that the lowest bracket was 14% not 10 and that if you were singlr making 45K a year you would be in the 55% bracket

Be careful what you wish for

I'm 81 years old. Back in the day anyone who made more than $300,000 a year paid 91% of the excess in taxes. The only difference I noticed was that there weren't as many privately owned ocean going yachts and private planes. Screw the people who ride the labors of others to become filthy rich...either that or use personal advantage in the stock market. In the late 1940's a corporate executive earned 12-15 times what a carpenter or plumber made. By 1970 that had changed to about 100 times as much. In 2012 a typical CEO made 550 times what an average worker made in this country. Just how much do you goddamned greedy assholes want? What will it take to satisfy you?

You see Cambell, that is why your premise is faulty; because you are basing it on envy!

Notice..............what a CEO makes has absolutely nothing to do with governmental policy, it has to do with what a private corporation run by people who own stock like all of us who/whom are shareholders, decides the prospective CEO is worth. Now I agree their salaries are to damn high, but try and get a good one today without paying it and see what you get!

We see this scenario everywhere in business, so as an example, I will use this one-----> FORD MOTOR! Do we remember (I am sure you do if you are anywhere near as old as you claim) when the auto industry was in deep, dark, trouble? Bill Ford decided he would take the helm of the family business to right the ship, and 100s of thousands of his employees along with suppliers needed him to deliver. Hell, the United States government needed him to deliver, because losing one of its crown jewels of manufacturing in front of the onlookers of the world would be totally unacceptable; and if it collapsed, all those pensions were backed by the fed program. It was a very dicey time!

He couldn't do it. Let me repeat that, HE COULDN'T DO IT! As Ford was bleeding billions, the family went out and basically begged Alan Mulhaully to come from Boeing and help save them. The Ford family paid him HUGE, and along with that gave him large amounts of stock options to save their company, 100s of thousands of jobs in our economy across all spectrums, and you know what! Liberals in the union and on the street bitched, whined, and moaned it JUST WASN'T FAIR! I worked there, I know. To much money they said. We haven't gotten a decent raise in years, and look at the money he is making they proclaimed. We want to go on strike because of it, they threatened!

That man SAVED The Ford Motor Company, my job and 100s of thousands of others. He was the only auto company NOT to take a tarp bailout that your buddies in Washington were handing out, allowing them to keep artistic control of their vehicles. He didn't drop billions on the taxpayers of this nation, and because of it had to make the factories more efficient because our companies debt was still there, unlike GM and Chrysler who screwed their bondholders........but he did it, and they not only survived, but have done extremely well.

So what is a man like that worth Cambell and all you lefties? Tell all of us on this board! He saved thousands upon thousands of lefty union jobs, even as the people who worked in those jobs BITCHED because he was being paid a kings ransom. Were those stock options he received worth all those jobs and the saving of one of the crown jewels of our manufacturing sector?

If you said NO, then you are all a bunch of economic fools and illiterates. That man and his passion and ideas, saved the United States government 250 billion dollars in pension payouts if Ford would have gone under, lost tax revenue, economic expansion, and the benefits are still RISING from his stewardship, even though he has since retired.

Tell us all again how a good CEO is not worth their pay-)

 

[rightwinger]

If the rich pay "virtually nothing" in taxes, as liberals continue to claim, how is it that they pay the majority of federal personal income taxes? According to federal income tax data, the top 1% pay about 45% of all federal income taxes. The top 10% pay at least 60% of all federal income taxes. And the top 20% pay over 80% of all federal income taxes.

Top 1% pay nearly half of federal income taxes

Top 10 Percent of Earners Paid 68 Percent of Federal Income Taxes

Top 20% of Earners Pay 84% of Income Tax

STEPHEN MOORE: Do the rich pay their fair share of taxes?

Do the rich pay lower taxes than the middle class?

The Rich Pay More than Their Fair Share of Taxes | Economics21

What's more, the top 1% pay around 24% of all federal taxes (income taxes, corporate taxes, tariffs, etc.). The top 10% pay over 50% of all federal taxes.

1 Percenters Pay 24 Percent and Top 10 Percent Pay 53.3 Percent of All Federal Taxes

And this is on top of the huge amount of county and state taxes that the rich pay, especially rich people who own businesses. I have two relatives who own businesses, and I can't believe how much they get soaked in county and state taxes, especially property taxes.

Liberals who go around peddling the kool-aid myth that "the rich pay virtually no taxes" or that "the average rich person pays less than a middle-income earner" obviously don't know any rich people and/or any business owners and are basing these silly claims on grossly misleading "studies" churned out by liberal think tanks and economists.

I liked it the way it was before Ronald Reagan slashed rates for the rich and quadrupled the national debt. they're gonna spend by god they should tax to cover it:

..............................................Total U S Debt................................................

Figures Easily Verified....Taken From the Bureau of the Debt

US: $18,775,084,981,440 - Debt as of December 2015?

09/30/2014 $17,824,071,380,733.82

09/30/2013 $16,738,183,526,697.32

09/30/2012 $16,066,241,407,385.89

09/30/2011 $14,790,340,328,557.15

09/30/2010 $13,561,623,030,891.79

09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accommodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48

09/30/2006 $8,506,973,899,215.23

09/30/2005 $7,932,709,661,723.50

09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)

09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)

09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62

09/30/1997 $5,413,146,011,397.34

09/30/1996 $5,224,810,939,135.73

09/29/1995 $4,973,982,900,709.39

09/30/1994 $4,692,749,910,013.32 (Bill Clinton Raised Taxes On The Rich early 1993)

09/30/1993 $4,411,488,883,139.38 ( Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66

09/30/1991 $3,665,303,351,697.03

09/28/1990 $3,233,313,451,777.25

09/29/1989 $2,857,430,960,187.32

09/30/1988 $2,602,337,712,041.16

09/30/1987 $2,350,276,890,953.00

09/30/1986 $2,125,302,616,658.42

09/30/1985 $1,823,103,000,000.00

09/30/1984 $1,572,266,000,000.00

09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)(Reagan Slashed Tax Rates To Pre Depression Levels)

09/30/1981 $997,855,000,000.00

Look Closely At The Upper 1% Line at the End of Clinton's Two Terms....Then Bush Cut Taxes For His Rich Oil Buds Not Once But Twice....2001 and 2003

Notice That The Lower Half Of All Earners Have Lost Purchasing Power Since 1979!

So you really want to go back to pre-Reagan tax rates?

You do realize that the lowest bracket was 14% not 10 and that if you were singlr making 45K a year you would be in the 55% bracket

Be careful what you wish for

I'm 81 years old. Back in the day anyone who made more than $300,000 a year paid 91% of the excess in taxes. The only difference I noticed was that there weren't as many privately owned ocean going yachts and private planes. Screw the people who ride the labors of others to become filthy rich...either that or use personal advantage in the stock market. 'Course there's always a chance they inherited it. In the late 1940's a corporate executive earned 12-15 times what a carpenter or plumber made. By 1970 that had changed to about 100 times as much. In 2012 a typical CEO made 550 times what an average worker made in this country. Just how much do you goddamned greedy assholes want? What will it take to satisfy you?

I worked my ass off to make what I make and wanting to keep it is not greedy

Greedy is other people saying I don't have a right to keep my own fucking money

You are a sucker for actually working for your money

The ultra wealthy use you as an example why they should not pay more in taxes

 

[Skull Pilot]

Two words

Tech Bubble

So the revenue increases were caused by too much investment?

lolol. I thought tax increases killed investment.

You once again demonstrate your ignorance of the economy

Clinton was the benefactor of a bubble that luckily burst right after he left office

You dodged the truth. Keep on being you.

The truth that Clinton surfed a stock market bubble out of office

If you think a bubble is caused by investing in healthy market conditions you must have forgotten the dot bomb era and the later housing bubble I suppose that was too much investment as well

s=kull
Seeing as how you seem to believe that Bush was responsible for nothing, how was it that Clinton was responsible for both the high tech bubble and the subsequent collapse.

This ought to be good.

Where did I say Clinton was responsible for anything

I said he got lucky and surfed the dot com bubble out of office

And I don't know why you think I'm a fan of Bush I'm not never was but I guess you're one of those people who have to think in 2 dimensions you know black or white democrat or republican because you cannot fathom more than 2 choices for anything

 

[Skull Pilot]

If the rich pay "virtually nothing" in taxes, as liberals continue to claim, how is it that they pay the majority of federal personal income taxes? According to federal income tax data, the top 1% pay about 45% of all federal income taxes. The top 10% pay at least 60% of all federal income taxes. And the top 20% pay over 80% of all federal income taxes.

Top 1% pay nearly half of federal income taxes

Top 10 Percent of Earners Paid 68 Percent of Federal Income Taxes

Top 20% of Earners Pay 84% of Income Tax

STEPHEN MOORE: Do the rich pay their fair share of taxes?

Do the rich pay lower taxes than the middle class?

The Rich Pay More than Their Fair Share of Taxes | Economics21

What's more, the top 1% pay around 24% of all federal taxes (income taxes, corporate taxes, tariffs, etc.). The top 10% pay over 50% of all federal taxes.

1 Percenters Pay 24 Percent and Top 10 Percent Pay 53.3 Percent of All Federal Taxes

And this is on top of the huge amount of county and state taxes that the rich pay, especially rich people who own businesses. I have two relatives who own businesses, and I can't believe how much they get soaked in county and state taxes, especially property taxes.

Liberals who go around peddling the kool-aid myth that "the rich pay virtually no taxes" or that "the average rich person pays less than a middle-income earner" obviously don't know any rich people and/or any business owners and are basing these silly claims on grossly misleading "studies" churned out by liberal think tanks and economists.

I liked it the way it was before Ronald Reagan slashed rates for the rich and quadrupled the national debt. they're gonna spend by god they should tax to cover it:

..............................................Total U S Debt................................................

Figures Easily Verified....Taken From the Bureau of the Debt

US: $18,775,084,981,440 - Debt as of December 2015?

09/30/2014 $17,824,071,380,733.82

09/30/2013 $16,738,183,526,697.32

09/30/2012 $16,066,241,407,385.89

09/30/2011 $14,790,340,328,557.15

09/30/2010 $13,561,623,030,891.79

09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accommodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48

09/30/2006 $8,506,973,899,215.23

09/30/2005 $7,932,709,661,723.50

09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)

09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)

09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62

09/30/1997 $5,413,146,011,397.34

09/30/1996 $5,224,810,939,135.73

09/29/1995 $4,973,982,900,709.39

09/30/1994 $4,692,749,910,013.32 (Bill Clinton Raised Taxes On The Rich early 1993)

09/30/1993 $4,411,488,883,139.38 ( Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66

09/30/1991 $3,665,303,351,697.03

09/28/1990 $3,233,313,451,777.25

09/29/1989 $2,857,430,960,187.32

09/30/1988 $2,602,337,712,041.16

09/30/1987 $2,350,276,890,953.00

09/30/1986 $2,125,302,616,658.42

09/30/1985 $1,823,103,000,000.00

09/30/1984 $1,572,266,000,000.00

09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)(Reagan Slashed Tax Rates To Pre Depression Levels)

09/30/1981 $997,855,000,000.00

Look Closely At The Upper 1% Line at the End of Clinton's Two Terms....Then Bush Cut Taxes For His Rich Oil Buds Not Once But Twice....2001 and 2003

Notice That The Lower Half Of All Earners Have Lost Purchasing Power Since 1979!

So you really want to go back to pre-Reagan tax rates?

You do realize that the lowest bracket was 14% not 10 and that if you were singlr making 45K a year you would be in the 55% bracket

Be careful what you wish for

I'm 81 years old. Back in the day anyone who made more than $300,000 a year paid 91% of the excess in taxes. The only difference I noticed was that there weren't as many privately owned ocean going yachts and private planes. Screw the people who ride the labors of others to become filthy rich...either that or use personal advantage in the stock market. 'Course there's always a chance they inherited it. In the late 1940's a corporate executive earned 12-15 times what a carpenter or plumber made. By 1970 that had changed to about 100 times as much. In 2012 a typical CEO made 550 times what an average worker made in this country. Just how much do you goddamned greedy assholes want? What will it take to satisfy you?

I worked my ass off to make what I make and wanting to keep it is not greedy

Greedy is other people saying I don't have a right to keep my own fucking money

You are a sucker for actually working for your money

The ultra wealthy use you as an example why they should not pay more in taxes

IDGAF what the so called 1% pay in taxes because in all honesty if they paid more it would not reduce my tax burden and it wouldn't mean more money in your pocket either

In case you forgot I'm a flat tax proponent so I do think we should all be paying the same rate on every dollar of income no matter what the source

 

[Campbell]

If the rich pay "virtually nothing" in taxes, as liberals continue to claim, how is it that they pay the majority of federal personal income taxes? According to federal income tax data, the top 1% pay about 45% of all federal income taxes. The top 10% pay at least 60% of all federal income taxes. And the top 20% pay over 80% of all federal income taxes.

Top 1% pay nearly half of federal income taxes

Top 10 Percent of Earners Paid 68 Percent of Federal Income Taxes

Top 20% of Earners Pay 84% of Income Tax

STEPHEN MOORE: Do the rich pay their fair share of taxes?

Do the rich pay lower taxes than the middle class?

The Rich Pay More than Their Fair Share of Taxes | Economics21

What's more, the top 1% pay around 24% of all federal taxes (income taxes, corporate taxes, tariffs, etc.). The top 10% pay over 50% of all federal taxes.

1 Percenters Pay 24 Percent and Top 10 Percent Pay 53.3 Percent of All Federal Taxes

And this is on top of the huge amount of county and state taxes that the rich pay, especially rich people who own businesses. I have two relatives who own businesses, and I can't believe how much they get soaked in county and state taxes, especially property taxes.

Liberals who go around peddling the kool-aid myth that "the rich pay virtually no taxes" or that "the average rich person pays less than a middle-income earner" obviously don't know any rich people and/or any business owners and are basing these silly claims on grossly misleading "studies" churned out by liberal think tanks and economists.

I liked it the way it was before Ronald Reagan slashed rates for the rich and quadrupled the national debt. they're gonna spend by god they should tax to cover it:

..............................................Total U S Debt................................................

Figures Easily Verified....Taken From the Bureau of the Debt

US: $18,775,084,981,440 - Debt as of December 2015?

09/30/2014 $17,824,071,380,733.82

09/30/2013 $16,738,183,526,697.32

09/30/2012 $16,066,241,407,385.89

09/30/2011 $14,790,340,328,557.15

09/30/2010 $13,561,623,030,891.79

09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accommodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48

09/30/2006 $8,506,973,899,215.23

09/30/2005 $7,932,709,661,723.50

09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)

09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)

09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62

09/30/1997 $5,413,146,011,397.34

09/30/1996 $5,224,810,939,135.73

09/29/1995 $4,973,982,900,709.39

09/30/1994 $4,692,749,910,013.32 (Bill Clinton Raised Taxes On The Rich early 1993)

09/30/1993 $4,411,488,883,139.38 ( Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66

09/30/1991 $3,665,303,351,697.03

09/28/1990 $3,233,313,451,777.25

09/29/1989 $2,857,430,960,187.32

09/30/1988 $2,602,337,712,041.16

09/30/1987 $2,350,276,890,953.00

09/30/1986 $2,125,302,616,658.42

09/30/1985 $1,823,103,000,000.00

09/30/1984 $1,572,266,000,000.00

09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)(Reagan Slashed Tax Rates To Pre Depression Levels)

09/30/1981 $997,855,000,000.00

Look Closely At The Upper 1% Line at the End of Clinton's Two Terms....Then Bush Cut Taxes For His Rich Oil Buds Not Once But Twice....2001 and 2003

Notice That The Lower Half Of All Earners Have Lost Purchasing Power Since 1979!

So you really want to go back to pre-Reagan tax rates?

You do realize that the lowest bracket was 14% not 10 and that if you were singlr making 45K a year you would be in the 55% bracket

Be careful what you wish for

I'm 81 years old. Back in the day anyone who made more than $300,000 a year paid 91% of the excess in taxes. The only difference I noticed was that there weren't as many privately owned ocean going yachts and private planes. Screw the people who ride the labors of others to become filthy rich...either that or use personal advantage in the stock market. 'Course there's always a chance they inherited it. In the late 1940's a corporate executive earned 12-15 times what a carpenter or plumber made. By 1970 that had changed to about 100 times as much. In 2012 a typical CEO made 550 times what an average worker made in this country. Just how much do you goddamned greedy assholes want? What will it take to satisfy you?

I worked my ass off to make what I make and wanting to keep it is not greedy

Greedy is other people saying I don't have a right to keep my own fucking money

None of us have a goddamned thing to say about whether or not we will be born, where we will be born, who our parents will be, whether or not we will be mentally sound, whether we will be crippled....thank your lucky stars and shut the phuck up!!

PS....I'm not the least bit impressed by your reference to your money....I have all the money I will ever need and so far it hasn't taken a month off my age.

 

[Skull Pilot]

If the rich pay "virtually nothing" in taxes, as liberals continue to claim, how is it that they pay the majority of federal personal income taxes? According to federal income tax data, the top 1% pay about 45% of all federal income taxes. The top 10% pay at least 60% of all federal income taxes. And the top 20% pay over 80% of all federal income taxes.

Top 1% pay nearly half of federal income taxes

Top 10 Percent of Earners Paid 68 Percent of Federal Income Taxes

Top 20% of Earners Pay 84% of Income Tax

STEPHEN MOORE: Do the rich pay their fair share of taxes?

Do the rich pay lower taxes than the middle class?

The Rich Pay More than Their Fair Share of Taxes | Economics21

What's more, the top 1% pay around 24% of all federal taxes (income taxes, corporate taxes, tariffs, etc.). The top 10% pay over 50% of all federal taxes.

1 Percenters Pay 24 Percent and Top 10 Percent Pay 53.3 Percent of All Federal Taxes

And this is on top of the huge amount of county and state taxes that the rich pay, especially rich people who own businesses. I have two relatives who own businesses, and I can't believe how much they get soaked in county and state taxes, especially property taxes.

Liberals who go around peddling the kool-aid myth that "the rich pay virtually no taxes" or that "the average rich person pays less than a middle-income earner" obviously don't know any rich people and/or any business owners and are basing these silly claims on grossly misleading "studies" churned out by liberal think tanks and economists.

I liked it the way it was before Ronald Reagan slashed rates for the rich and quadrupled the national debt. they're gonna spend by god they should tax to cover it:

..............................................Total U S Debt................................................

Figures Easily Verified....Taken From the Bureau of the Debt

US: $18,775,084,981,440 - Debt as of December 2015?

09/30/2014 $17,824,071,380,733.82

09/30/2013 $16,738,183,526,697.32

09/30/2012 $16,066,241,407,385.89

09/30/2011 $14,790,340,328,557.15

09/30/2010 $13,561,623,030,891.79

09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accommodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48

09/30/2006 $8,506,973,899,215.23

09/30/2005 $7,932,709,661,723.50

09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)

09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)

09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62

09/30/1997 $5,413,146,011,397.34

09/30/1996 $5,224,810,939,135.73

09/29/1995 $4,973,982,900,709.39

09/30/1994 $4,692,749,910,013.32 (Bill Clinton Raised Taxes On The Rich early 1993)

09/30/1993 $4,411,488,883,139.38 ( Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66

09/30/1991 $3,665,303,351,697.03

09/28/1990 $3,233,313,451,777.25

09/29/1989 $2,857,430,960,187.32

09/30/1988 $2,602,337,712,041.16

09/30/1987 $2,350,276,890,953.00

09/30/1986 $2,125,302,616,658.42

09/30/1985 $1,823,103,000,000.00

09/30/1984 $1,572,266,000,000.00

09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)(Reagan Slashed Tax Rates To Pre Depression Levels)

09/30/1981 $997,855,000,000.00

Look Closely At The Upper 1% Line at the End of Clinton's Two Terms....Then Bush Cut Taxes For His Rich Oil Buds Not Once But Twice....2001 and 2003

Notice That The Lower Half Of All Earners Have Lost Purchasing Power Since 1979!

So you really want to go back to pre-Reagan tax rates?

You do realize that the lowest bracket was 14% not 10 and that if you were singlr making 45K a year you would be in the 55% bracket

Be careful what you wish for

I'm 81 years old. Back in the day anyone who made more than $300,000 a year paid 91% of the excess in taxes. The only difference I noticed was that there weren't as many privately owned ocean going yachts and private planes. Screw the people who ride the labors of others to become filthy rich...either that or use personal advantage in the stock market. 'Course there's always a chance they inherited it. In the late 1940's a corporate executive earned 12-15 times what a carpenter or plumber made. By 1970 that had changed to about 100 times as much. In 2012 a typical CEO made 550 times what an average worker made in this country. Just how much do you goddamned greedy assholes want? What will it take to satisfy you?

I worked my ass off to make what I make and wanting to keep it is not greedy

Greedy is other people saying I don't have a right to keep my own fucking money

None of us have a goddamned thing to say about whether or not we will be born, where we will be born, who our parents will be, whether or not we will be mentally sound, whether we will be crippled....thank your lucky stars and shut the phuck up!!

PS....I'm not the least bit impressed by your reference to your money....I have all the money I will ever need and so far it hasn't taken a month off my age.

Sorry boyo but you think that the fucking government has a right to 90% of people's money just because you settled for a life that puts you in no danger of having to pay the taxes you want everyone else to pay isn't my fucking problem

 

[Wilbur Right]

I liked it the way it was before Ronald Reagan slashed rates for the rich and quadrupled the national debt. they're gonna spend by god they should tax to cover it:

..............................................Total U S Debt................................................

Figures Easily Verified....Taken From the Bureau of the Debt

US: $18,775,084,981,440 - Debt as of December 2015?

09/30/2014 $17,824,071,380,733.82

09/30/2013 $16,738,183,526,697.32

09/30/2012 $16,066,241,407,385.89

09/30/2011 $14,790,340,328,557.15

09/30/2010 $13,561,623,030,891.79

09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accommodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48

09/30/2006 $8,506,973,899,215.23

09/30/2005 $7,932,709,661,723.50

09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)

09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)

09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62

09/30/1997 $5,413,146,011,397.34

09/30/1996 $5,224,810,939,135.73

09/29/1995 $4,973,982,900,709.39

09/30/1994 $4,692,749,910,013.32 (Bill Clinton Raised Taxes On The Rich early 1993)

09/30/1993 $4,411,488,883,139.38 ( Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66

09/30/1991 $3,665,303,351,697.03

09/28/1990 $3,233,313,451,777.25

09/29/1989 $2,857,430,960,187.32

09/30/1988 $2,602,337,712,041.16

09/30/1987 $2,350,276,890,953.00

09/30/1986 $2,125,302,616,658.42

09/30/1985 $1,823,103,000,000.00

09/30/1984 $1,572,266,000,000.00

09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)(Reagan Slashed Tax Rates To Pre Depression Levels)

09/30/1981 $997,855,000,000.00

Look Closely At The Upper 1% Line at the End of Clinton's Two Terms....Then Bush Cut Taxes For His Rich Oil Buds Not Once But Twice....2001 and 2003

Notice That The Lower Half Of All Earners Have Lost Purchasing Power Since 1979!

So you really want to go back to pre-Reagan tax rates?

You do realize that the lowest bracket was 14% not 10 and that if you were singlr making 45K a year you would be in the 55% bracket

Be careful what you wish for

I'm 81 years old. Back in the day anyone who made more than $300,000 a year paid 91% of the excess in taxes. The only difference I noticed was that there weren't as many privately owned ocean going yachts and private planes. Screw the people who ride the labors of others to become filthy rich...either that or use personal advantage in the stock market. 'Course there's always a chance they inherited it. In the late 1940's a corporate executive earned 12-15 times what a carpenter or plumber made. By 1970 that had changed to about 100 times as much. In 2012 a typical CEO made 550 times what an average worker made in this country. Just how much do you goddamned greedy assholes want? What will it take to satisfy you?

I worked my ass off to make what I make and wanting to keep it is not greedy

Greedy is other people saying I don't have a right to keep my own fucking money

You are a sucker for actually working for your money

The ultra wealthy use you as an example why they should not pay more in taxes

IDGAF what the so called 1% pay in taxes because in all honesty if they paid more it would not reduce my tax burden and it wouldn't mean more money in your pocket either

In case you forgot I'm a flat tax proponent so I do think we should all be paying the same rate on every dollar of income no matter what the source

How about if the ultra rich get a nice big tax cut and you get a nice big tax increase to help make up the loss of revenue.

You good with that idea?

As to your flat, fair tax. When we all have the same amount of income THEN we can all pay the same amount of tax.

That would be "fair". You good with that idea?

 

[Wilbur Right]

skull

Carrying your thought process as to the ability for a President to effect the economy.

Clinton had nothing to do with the dot com bubble. Bush had nothing to do with the housing collapse and Obama had nothing to do with anything.

Does that sum it up?

 

[Campbell]

I liked it the way it was before Ronald Reagan slashed rates for the rich and quadrupled the national debt. they're gonna spend by god they should tax to cover it:

..............................................Total U S Debt................................................

Figures Easily Verified....Taken From the Bureau of the Debt

US: $18,775,084,981,440 - Debt as of December 2015?

09/30/2014 $17,824,071,380,733.82

09/30/2013 $16,738,183,526,697.32

09/30/2012 $16,066,241,407,385.89

09/30/2011 $14,790,340,328,557.15

09/30/2010 $13,561,623,030,891.79

09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accommodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48

09/30/2006 $8,506,973,899,215.23

09/30/2005 $7,932,709,661,723.50

09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)

09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)

09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62

09/30/1997 $5,413,146,011,397.34

09/30/1996 $5,224,810,939,135.73

09/29/1995 $4,973,982,900,709.39

09/30/1994 $4,692,749,910,013.32 (Bill Clinton Raised Taxes On The Rich early 1993)

09/30/1993 $4,411,488,883,139.38 ( Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66

09/30/1991 $3,665,303,351,697.03

09/28/1990 $3,233,313,451,777.25

09/29/1989 $2,857,430,960,187.32

09/30/1988 $2,602,337,712,041.16

09/30/1987 $2,350,276,890,953.00

09/30/1986 $2,125,302,616,658.42

09/30/1985 $1,823,103,000,000.00

09/30/1984 $1,572,266,000,000.00

09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)(Reagan Slashed Tax Rates To Pre Depression Levels)

09/30/1981 $997,855,000,000.00

Look Closely At The Upper 1% Line at the End of Clinton's Two Terms....Then Bush Cut Taxes For His Rich Oil Buds Not Once But Twice....2001 and 2003

Notice That The Lower Half Of All Earners Have Lost Purchasing Power Since 1979!

So you really want to go back to pre-Reagan tax rates?

You do realize that the lowest bracket was 14% not 10 and that if you were singlr making 45K a year you would be in the 55% bracket

Be careful what you wish for

I'm 81 years old. Back in the day anyone who made more than $300,000 a year paid 91% of the excess in taxes. The only difference I noticed was that there weren't as many privately owned ocean going yachts and private planes. Screw the people who ride the labors of others to become filthy rich...either that or use personal advantage in the stock market. 'Course there's always a chance they inherited it. In the late 1940's a corporate executive earned 12-15 times what a carpenter or plumber made. By 1970 that had changed to about 100 times as much. In 2012 a typical CEO made 550 times what an average worker made in this country. Just how much do you goddamned greedy assholes want? What will it take to satisfy you?

I worked my ass off to make what I make and wanting to keep it is not greedy

Greedy is other people saying I don't have a right to keep my own fucking money

None of us have a goddamned thing to say about whether or not we will be born, where we will be born, who our parents will be, whether or not we will be mentally sound, whether we will be crippled....thank your lucky stars and shut the phuck up!!

PS....I'm not the least bit impressed by your reference to your money....I have all the money I will ever need and so far it hasn't taken a month off my age.

Sorry boyo but you think that the fucking government has a right to 90% of people's money just because you settled for a life that puts you in no danger of having to pay the taxes you want everyone else to pay isn't my fucking problem

90%?? I'm LMAO! You goddamned Republican pricks think 30% is too much. 'Course you don't think about it too much if you're late for an appointment and a bridge is out on your way.

Since Ronald Reagan slashed tax rates to pre depression levels the infrastructure in this great country has deteriorated to a level which is worse than at any time since the industrial age began. You bastards admire low taxes but you demand high accommodations.....what else is new? It's been happening all my life......'course I'm just 81.

What you people will never admit is that poor people are paying an unbelievable percentage of their income in taxes. When all forms of local, state, government taxes and fees are added together they end up paying a higher percentage of their disposable income in taxes than any rich person. A $0.40 a gallon gasoline tax is nothing to a rich man but to a poor man who has to drive 30 miles a day to and from his work site it can be considerable. A close friend of mind who owns a construction company on the MS gulf coast earning nearly a million dollars a year told me that if he ever has to pay more than 20% of his gross income in any kind of taxes he will fire his accountant and hire another one. Everything has been geared to the wishes of the rich. DUUHH! What else is new?