Who really benefits from R tax "plan"?

[Luddly Neddite]

Who benefits from Bush’s tax cuts? - Salon.com

Just 1.9 percent of Americans, according to a new report from the nonpartisan Center for Tax Justice, which also broke down the impact of the policy on a state-by-state basis. In 22 states, even fewer people, just 1.5 percent — would lose some tax benefits. Under the Republican approach, about 32 percent of the overall tax benefits would go to the top 1 percent of Americans, and nearly half would go to the top five percent. Under Obama’s approach, which would preserve the cuts only for families making less than $250,000 a year, those numbers are just 11.4 percent and 30.8 percent, respectively. And despite their talk of deficit control, the Republicans’ plan would cost almost $1 trillion more than Obama’s over ten years.

Source:
http://www.ctj.org/pdf/bushtaxcutslosers.pdf

This is nothing we all don't know but why would working/poor class be in favor this? Its not as though it would help our economy. Just the opposite is true - which we also know.

 

[Luddly Neddite]

Kansas’ nasty new tax plan - Salon.com

Here's where the entire country is headed.

 

[Conservative]

as long as YOU don't benefit from it, works for me.

 

[DiamondDave]

"nonpartisan Center for Tax Justice"

Now that's funny right there

 

[Luddly Neddite]

From the link

Take taxes, for example. Last week, Kansas House and Senate negotiators agreed on a new tax plan that will sharply cut income taxes for wealthy state residents while at the same time raising taxes on the poor. The result, predictably, will be a shortfall in state revenue that will undoubtedly force additional cuts to state services.

 

[Luddly Neddite]

"nonpartisan Center for Tax Justice"

Now that's funny right there

Oh, so you have proof that the information is incorrect?

Link please.

Thanks.

 

[Luddly Neddite]

as long as YOU don't benefit from it, works for me.

And yet, I would hope the tax system would be of benefit to you.

 

[DiamondDave]

"nonpartisan Center for Tax Justice"

Now that's funny right there

Oh, so you have proof that the information is incorrect?

Link please.

Thanks.

Oh... the 'tax justice' movement... that only SUBJECTIVELY in it's mission statement seeks 'fairness' only for a select group of people.. instead of equality in treatment for all... that is hardly 'nonpartisan' and is certainly far from objective...

So any opinion piece from them, is inherently suspect...

sorry

 

[Luddly Neddite]

"nonpartisan Center for Tax Justice"

Now that's funny right there

Oh, so you have proof that the information is incorrect?

Link please.

Thanks.

Oh... the 'tax justice' movement... that only SUBJECTIVELY in it's mission statement seeks 'fairness' only for a select group of people.. instead of equality in treatment for all... that is hardly 'nonpartisan' and is certainly far from objective...

So any opinion piece from them, is inherently suspect...

sorry

You forgot the link that PROVES the INFORMATION is incorrect.

Never mind the source. What about the data?

Hmmm?

 

[Katzndogz]

If we could keep ANY benefits from going to the homeless, the drug addicted, alcoholics, lazy, welfare mothers, students with worthless degrees, OWS protesters, and illegal aliens, it's good enough for me.

 

[g5000]

Who benefits from Bush’s tax cuts? - Salon.com

Just 1.9 percent of Americans, according to a new report from the nonpartisan Center for Tax Justice, which also broke down the impact of the policy on a state-by-state basis. In 22 states, even fewer people, just 1.5 percent — would lose some tax benefits. Under the Republican approach, about 32 percent of the overall tax benefits would go to the top 1 percent of Americans, and nearly half would go to the top five percent. Under Obama’s approach, which would preserve the cuts only for families making less than $250,000 a year, those numbers are just 11.4 percent and 30.8 percent, respectively. And despite their talk of deficit control, the Republicans’ plan would cost almost $1 trillion more than Obama’s over ten years.

Source:
http://www.ctj.org/pdf/bushtaxcutslosers.pdf

This is nothing we all don't know but why would working/poor class be in favor this? Its not as though it would help our economy. Just the opposite is true - which we also know.

You know what that quote tells me?

It says by not increasing the top five percenter's taxes, the government will take $1 trillion less from them over the next ten years than it would if we raised their taxes higher.

That tells me the top five percent pay a shit-ton of taxes! Just a couple percentage points more adds a trillion more dollars to their tax bill!

So what does that tell us they are already paying? Tens of trillions over the same ten year timeframe, right?

You ever wonder why that is not enough?

 

[DiamondDave]

Gotta love how a uber-biased piece of shit rag like Salon deems the group 'nonpartisan' when in their own mission statement they are declared to be an advocacy group

 

[Luddly Neddite]

If we could keep ANY benefits from going to the homeless, the drug addicted, alcoholics, lazy, welfare mothers, students with worthless degrees, OWS protesters, and illegal aliens, it's good enough for me.

Wow. When you hate, you really don't fool around. And, I'd bet that you know full well that a huge percentage of the people you hate are mentally ill and/or veterans.

What a sad, sick and depressing bunch the rw's are.

I've had enough of you wretched fools for today.

 

[Avatar4321]

I benefit from the Bush tax cuts. See they cut taxes on anyone who pays taxes, therefore, i save money that doesnt get taken from me and go to the government.

However, the Republican tax plan is not the Bush tax cuts. We want to completely reform the Tax code and system. Many of us are advocating a flat taxes so that all people will be able to pay the same rate. With absolutely no loopholes.

 

[Luddly Neddite]

Gotta love how a uber-biased piece of shit rag like Salon deems the group 'nonpartisan' when in their own mission statement they are declared to be an advocacy group

IOW, the facts are correct and you know it.

Have a nice day.

 

[Black_Label]

This is nothing we all don't know but why would working/poor class be in favor this? Its not as though it would help our economy. Just the opposite is true - which we also know.

That is one of the great mysteries, why to GOP voters, whom are strongly poor to working class, support the GOP that are out to destroy them?

The only conclusion I've been able to come to is they must have a severe mental illness.

 

[DiamondDave]

Gotta love how a uber-biased piece of shit rag like Salon deems the group 'nonpartisan' when in their own mission statement they are declared to be an advocacy group

IOW, the facts are correct and you know it.

Have a nice day.

No... I do not know that.. what I do know is that it is an advocacy group for SOME that is deriving conclusions...

Look... it's not that support the REP tax plan either... everyone here knows EXACTLY the tax system I support... and I have even expressed it to my representatives every chance I get... even when they tell me how the plan they have will 'benefit' me in my income bracket... I am not for 'benefit', I am only for equality in treatment and all the positives and negatives that go hand in hand with it

 

[g5000]

Kansas’ nasty new tax plan - Salon.com

Here's where the entire country is headed.

Your link to the liberal web site leaves out some inconvenient facts.

It only mentions tax breaks for the rich, and does not mention other parts of the tax plan which benefit everyone else.

Salon's integrity is completely shot already, but this just seals it.

Kansas' tax plan lowers the state sales tax from 6.3 percent to 5.7 percent. And we all know how liberals decry the regressive nature of sales taxes, so they cannot deny a cut helps the poor.

Which is probably why Salon failed to mention it.

The majority of itemized deductions would also be phased out. And since liberals like to decry deductions are tax breaks for the rich, they cannot deny this change will increase the tax burden of the wealthy.

Which is probably why Salon failed to mention it.

But the wealthy are also getting the top bracket lowered from 6.45 percent to 4.9 percent.

So the state is not cutting just the rich people's taxes. They are cutting everyone's taxes. And that is why it will probably create deficits.

The GOP Kansas ex-legislators are calling for the income tax cuts not to be enacted.

 

[whitehall]

How could lefties characterize the (ironically tax exempt) "center for tax justice" as nonpartisan when it's stated mission is to "give ordinary people a greater voice against the armies of special interest lobbyists for corporations and the wealthy". It's the same old song and dance that the socialist manifesto feeds to ignorant lefties every day. The web site only talks about "evil" republicans.

 

[Skull Pilot]

Who benefits from Bush’s tax cuts? - Salon.com

Just 1.9 percent of Americans, according to a new report from the nonpartisan Center for Tax Justice, which also broke down the impact of the policy on a state-by-state basis. In 22 states, even fewer people, just 1.5 percent — would lose some tax benefits. Under the Republican approach, about 32 percent of the overall tax benefits would go to the top 1 percent of Americans, and nearly half would go to the top five percent. Under Obama’s approach, which would preserve the cuts only for families making less than $250,000 a year, those numbers are just 11.4 percent and 30.8 percent, respectively. And despite their talk of deficit control, the Republicans’ plan would cost almost $1 trillion more than Obama’s over ten years.

Source:
http://www.ctj.org/pdf/bushtaxcutslosers.pdf

This is nothing we all don't know but why would working/poor class be in favor this? Its not as though it would help our economy. Just the opposite is true - which we also know.

Since nearly 50% of the bottom end pay zero income taxes and some of those actually have a negative tax balance due, meaning they receive more in refunds than they actually pay in taxes because of refundable tax credits I don't think giving less than 2% of the population a break is a big deal.