Which Income Group Are You In

Discussion in 'Politics' started by pal_of_poor, Aug 26, 2009.

  1. pal_of_poor
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    pal_of_poor VIP Member

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    People should focus on how much they make, and whether the supply-side corporate policies of Republicans, and conservative Democrats have helped them economically, more than their hatred of gays, loathing of abortion, or love of God, like he's got stock in any party?!?

    These figures are pre-2000, and include the Carter, and a right-of-center Clinton, that was always misrepresented as a "liberal" on FAUX, and generally in the media. And by the way, these losses/gains are even larger now, after Bush's tax cuts, the poor have continued the trend of getting poorer, and the gilded are just laying in more gold on their ceilings.


    Income Growth Exponential at Top, figures from 1970 - 2000
    Lower 90% incomes dropped 0.1% from $27,060 to $27,035
    From 90-95%, incomes grew 29.6%, from $80,148 to $103,860
    From 95-99%, incomes grew 54.2%, from $115,472 to $178,067
    From 99 to 99.5%, incomes grew 89.5% from $202,792 to $384,192
    From 99.5% to 99.9% incomes grew 144.8% from $317,582 to $777,450
    From 99.9 to 99.99% incomes grew 322% from $722,480 to $3,049,226
    The top 13,400 (.01%) incomes grew 558.3%, from $3,641,285 to $23,969,767.


    Perfectly Legal, The Covert Campaign to Rig our Tax System to Benefit the Super-Rich, and Cheat Everyone Else, by David Cay Johnston p. 38 (chart)


    So, 90% of us have lost ground, while the top ten percent have profited. The very top percent have profited tremendously over the last 30 years, and those at the very top have gained fabulous degrees of wealth.

    Clearly, we can see why these people got the biggest tax cut, since , hey wait, why did they get the tax cut since they are earning so incredibly much more than the rest of us. Oh, that's right, Bush only cares about the top one or two percent, that's the way fascism works, master race and all that.

    This is their big trick, focus all on tax-cuts, which are eaten up in the middle class, non-existent in the lower-classes, and only received by the very incredibly richest. This takes your focus off the fact that incomes are rigged in this country, and that the huge majority of us are just getting poorer, while a few of the richest families are propped up at the expense of the rest of us.
     
  2. PLYMCO_PILGRIM
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    PLYMCO_PILGRIM Gold Member

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    my income range is not listed

    You skipped a whole bunch...im in the gap you left out of 27,000-85,000

    I also think the tax rate should be 0% for everyone under 30,000 and EXACTY THE SAME on all income over that.

    No unconstitional progressive tax rates for me. I may be on the bottom of the income but the rich are who pay my salary.

    EDIT: Hey i see you make a lot of threads about almost the same topic....remember its QUALITY not QUANTITY ;).
     
    Last edited: Aug 26, 2009
  3. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    I would support a flat tax on everyone with one condition..
    We burn the tax code books. NO DEDUCTIONS. All income is equally taxed.

    Watch the rich scream about that one
     
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  4. Ringel05
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    Ringel05 Diamond Member

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    Actually I know a few rich people. Each and every one of them would love to see a flat tax levied across the board, it would decrease what they are paying now.
     
  5. Oldandtired
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    Oldandtired BANNED

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    Scream? I am 100% in agreement with you.

    But right now I pay a heck of a lot in taxes...so my vote for it is kind of skewed.
     
  6. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Your question on the flat tax to your rich friends. Did you ask them to also give up ALL their tax deductions?
     
  7. manu1959
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    manu1959 Left Coast Isolationist

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    well....in 2006 i paid the state and feds almost $175k in taxes.....if you went a straight 10% and took away all my deductions....well lets just ...that is fine with me.....
     
  8. Mr Clean
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    Mr Clean Gold Member

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    If you paid $175K in taxes, you are doing rather well and should quit your bellyaching.
     
  9. Oldandtired
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    Oldandtired BANNED

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    I wont need deductions with a flat tax.

    It will lower my liability by tens of thousands.
     
  10. Oldandtired
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    Oldandtired BANNED

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    LMAO....at 150K in taxes in 2007 (not including FICA).....a flat tax of 10% would have me at a much more palatable number.
     

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