OMB: Top 20% pay 95% of taxes, middle class 'single digits'

[rightwinger]

Very true
But not nearly as often a generation ago

This is the first generation who will not be better off than their parents

Blame the Capitalists

Then how did Capitalism make us the greatest country in the world?

We the People made it the greatest country

When you say we...that would be those of us that worked. Guess that leaves you out.

Why would you say that?

 

[rightwinger]

We the People made it the greatest country

True, NOT the government.

We the People created the government

A government of the people, by the people and for the people

 

[Thinker101]

Very true
But not nearly as often a generation ago

This is the first generation who will not be better off than their parents

Blame the Capitalists

Then how did Capitalism make us the greatest country in the world?

We the People made it the greatest country

When you say we...that would be those of us that worked. Guess that leaves you out.

Why would you say that?

Ummm, because it's true. Making lies or making peanut butter an jelly sandwiches doesn't do much to make this country great.

 

[rightwinger]

Very true
But not nearly as often a generation ago

This is the first generation who will not be better off than their parents

Blame the Capitalists

Then how did Capitalism make us the greatest country in the world?

We the People made it the greatest country

When you say we...that would be those of us that worked. Guess that leaves you out.

Why would you say that?

Ummm, because it's true. Making likes or making peanut butter an jelly sandwiches doesn't do much to make this country great.

What makes you believe I don't make twice as much as you do?

 

[Thinker101]

Then how did Capitalism make us the greatest country in the world?

We the People made it the greatest country

When you say we...that would be those of us that worked. Guess that leaves you out.

Why would you say that?

Ummm, because it's true. Making likes or making peanut butter an jelly sandwiches doesn't do much to make this country great.

What makes you believe I don't make twice as much as you do?

How much I make or how much you make isn't really the point is it. Other than that I'm sure you must make quadruple what I make....why is that...because there is no way to prove it.

 

[Wry Catcher]

BTW, using the word "reform" with tax is a scam. Everyone with an annual earned income of $250,000 and below will lose, and those above will benefit.

Not surprising. Once again you relish in boasting about your ignorance.

The tax reform legislation has not been released by you falsely claim to know what it contains.

Enough has been leaked and given the source - Trump and the Republicans - it will not benefit the many, only the few. BTW, FU; My ignorance is not greater than the sheep who voted for the bill in both chambers.

 

[johnwang412]

I agree with the Socialist Regressives that the rich aren't paying their fair share. They are paying way too much and it's time to lower the tax rates.

OMB: Top 20% pay 95% of taxes, middle class 'single digits'

One BIG problem with that statement there is "middle class" is not defined right.

Top 20% means anyone making over ~$75,500 annually: Income Percentile Calculator for the United States. What Percent Are You?

Middle class can be well over that number: How much you have to earn to be considered middle class in every US state

 

[frigidweirdo]

We the People made it the greatest country

True, NOT the government.

We the People created the government

A government of the people, by the people and for the people

And then handed it to the rich people to do with it as they like.

 

[Wry Catcher]

Very true
But not nearly as often a generation ago

This is the first generation who will not be better off than their parents

Blame the Capitalists

Then how did Capitalism make us the greatest country in the world?

We the People made it the greatest country

When you say we...that would be those of us that worked. Guess that leaves you out.

Why would you say that?

Ummm, because it's true. Making lies or making peanut butter an jelly sandwiches doesn't do much to make this country great.

I was unaware Donald Trump knew how to make a PB&J. It's obvious he can't lead a nation of 300 + diverse people, or make nice with our nation's allies. As for making lies, he's terrific and well practiced.

 

[Thinker101]

Then how did Capitalism make us the greatest country in the world?

We the People made it the greatest country

When you say we...that would be those of us that worked. Guess that leaves you out.

Why would you say that?

Ummm, because it's true. Making lies or making peanut butter an jelly sandwiches doesn't do much to make this country great.

I was unaware Donald Trump knew how to make a PB&J. It's obvious he can't lead a nation of 300 + diverse people, or make nice with our nation's allies. As for making lies, he's terrific and well practiced.

No where near as terrific and well practiced as CNN, ABC, NBC, ESPN, and a bunch of lefties.

 

[Wry Catcher]

We the People made it the greatest country

When you say we...that would be those of us that worked. Guess that leaves you out.

Why would you say that?

Ummm, because it's true. Making lies or making peanut butter an jelly sandwiches doesn't do much to make this country great.

I was unaware Donald Trump knew how to make a PB&J. It's obvious he can't lead a nation of 300 + diverse people, or make nice with our nation's allies. As for making lies, he's terrific and well practiced.

No where near as terrific and well practiced as CNN, ABC, NBC, ESPN, and a bunch of lefties.

LOL, now you're being dishonest. The "believe me" man has lied by omission, commission and in a trifecta. There is nothing President Trump has not done in his quest to mislead the public, the Congress and sometimes even himself. Hence the trifectas.

 

[Frankeneinstein]

I agree with the Socialist Regressives that the rich aren't paying their fair share. They are paying way too much and it's time to lower the tax rates.

OMB: Top 20% pay 95% of taxes, middle class 'single digits'

While half of all wage earners in america drag home less than $30K per year in an economic system predicated upon mass consumption. Yes, let us redistribute more societal wealth to the aristocracy and subsidize even further the ruling class. What could go wrong.

We/You do not get to "redistribute" any of the wealth to anyone, that's where it goes wrong

 

[Markle]

No, the UN uses global warming to save the planet

If they are doing it to redistribute wealth, they are doing a piss poor job of it

How much does the United States pay to the United Nations each year and how much were we to pay within the confines of the various false, Global Warming schemes?

 

[Markle]

We the People made it the greatest country

True, NOT the government.

We the People created the government

A government of the people, by the people and for the people

As I said, the people created this great nation, not the government.

 

[francoHFW]

I agree with the Socialist Regressives that the rich aren't paying their fair share. They are paying way too much and it's time to lower the tax rates.

OMB: Top 20% pay 95% of taxes, middle class 'single digits'

While half of all wage earners in america drag home less than $30K per year in an economic system predicated upon mass consumption. Yes, let us redistribute more societal wealth to the aristocracy and subsidize even further the ruling class. What could go wrong.

We/You do not get to "redistribute" any of the wealth to anyone, that's where it goes wrong

You're greedy idiot mega-rich GOP Heroes have been redistributing the wealth 35 years, brainwashed functional moron. See signature first paragraph proven fact. She also the thread title. Classic GOP propaganda. Federal income tax is not the only tax we have, and is the only progressive tax we have. If you count all taxes everyone pays about the same percentage, with the richest 1% getting basically all the new wealth, and the middle class and the country going to hell now for 35 years, you goddamn brainwashed morons, LOL arrrggghhh.

 

[Markle]

I agree with the Socialist Regressives that the rich aren't paying their fair share. They are paying way too much and it's time to lower the tax rates.

OMB: Top 20% pay 95% of taxes, middle class 'single digits'

One BIG problem with that statement there is "middle class" is not defined right.

Top 20% means anyone making over ~$75,500 annually: Income Percentile Calculator for the United States. What Percent Are You?

Middle class can be well over that number: How much you have to earn to be considered middle class in every US state

The top 20% is anyone making over $115,000 per year

Household income in the United States - Wikipedia

 

[cnm]

I agree with the Socialist Regressives that the rich aren't paying their fair share. They are paying way too much and it's time to lower the tax rates.

But you have no concept of reality.

 

[FA_Q2]

Such a statistic is not only incorrect out the gate but also demonstrates a problem that has literally nothing to do with taxes at all.

First, the idea that the poor pay zero taxes is in general a falsehood. That 'fact' looks at federal income taxes ignoring the massive taxes that those poor do pay - social security, Medicare/Medicaid, the taxes that your employer pays to employ you such as the payroll tax and a ton of other hidden taxes that exist within the code to hoodwink the poor into thinking that the system is giving them something that it is not. That does not even get into other tax items like the gas tax or the sales tax that proportionately hit the lower incomes far more than the upper incomes. That is why a flat tax is, IMHO, a NECESSITY - a tax that is even across the board where everyone knows EXACTLY what the government is costing them.

Further, the problem that such a 'fact' points out is NOT that the wealthy are taxed to much, the poor are not taxed enough or that there is a disparity in the tax system in general. The problem it highlights is that in a tax system that is based on earnings it shows that the top 20% are essentially taking almost ALL the earnings in the nation. That is a clear problem. There is no reason that the top 20% are taking such massive percentages of the overall wealth generated in the nation each year. Clearly we have serious systemic problems that encourages that kind of pooling of the wealth.

 

[JoeNormal]

Everyone pays some type of taxes

Why go after our poorest citizens for additional revenue when the wealthy have so much?

Not "going after anyone". Everyone who lives here owes something for the privilege. They also pay closer attention to what is being spent if they're not getting paid to live here and have to get out and help pull the wagon!

Perhaps the parasites that Sowell is referring to are corporate execs and Wall Street bankers.

 

[JoeNormal]

So? Did they take anything from you?

Hell yes they have. I've been running myself ragged my whole career trying to play the game by being productive and innovative. The fuckers at the top have soaked up whatever gains I've made and have given back only crumbs.