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

[jc456]

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'

The top 20% control roughly 95% of the wealth. Oops, kinda made a silly thread, didn't you?

And even that is a travesty. Their taxes should go waaaaay up, to incentivize less wealth hoarding.

Who the hell are YOU to tell people what to do with THEIR money?

Don't like that they have that much? Then go into business against them, lower the price, defeat them, and take their money!

I don't collect or enforce taxes. What a bizarre thing to say. Laws and the government do that. Geesh, must be happy hour...

so they don't use people to actually collect them? you know, the forms? someone has to right? a person i mean. has to right at some fking point in the process? right?

 

[jc456]

No matter who pays the majority of taxes in reality, you will never convince that poor person that they don't pay taxes. They are convinced, that single mother on welfare that never worked a day in her life is convinced that she pays more taxes than anyone else and is being punished by never getting a tax cut.

No one in america gets away without paying taxes but those who can hire attorneys and lobbyists.

again, what tax do the poor pay? I can't wait to read this.

So 80% of Americans are the poor?

Well depends upon how you wish to frame that, but we have lost our leadership ranking in the world regarding economic mobility, we have surpassed the level of wealth disparity of the Gilded Age that preceded the Great Depression, and now over half of wage earners in america drag home less than $30K per year, in an economic system predicated upon mass consumption.


First Wall Street and the donor/"job creator" class determined they no longer required american workers for production. Now with other populous nations like China and India coming on line, they no longer require the american population for consumption either. The people, once a commodity to be leveraged for profit margin growth to infinity are now a nuisance not even worthy of trickle down feudalism.

there is no we, you don't live here, go to your country and ***** *****.

 

[Fenton Lum]

No one asked you to, just keep transferring more societal wealth to the top and hope.

where was it you lived again?

Born and raised in the same county as Rush Limbaugh son.

I have no idea where he was born.

I don't much give a **** if you do or not.

well it didn't answer my question again. you hate answering questions don't you. I give a fk where the fk you live except if it is not in this country and I recall you telling me once you didn't. so, which is it this country or not? shit another fking question you won't answer.

Rush Limbaugh came out of Cape Girardeau County MO. I now live in Indiana but have lived all over including abroad. And I find you sir, a pathetic little whiney ***** of a loser who has been nowhere and understands nothing but what he has been fed.

That about cover it fer ya shoog?

 

[Mr Natural]

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'

My Liberal heart bleeds for the poor put upon wealthy and their horrible tax burden.

It’s so sad.

 

[jc456]

Ouch! - that's gonna shatter some painful delusions.

That's what delusions are for, let the people see what this tax plan does for society, let that one die as well.

No, delusions are for denying the discomfort of reality. You had your chance - let's revisit this when we acquire another 10 Trillion in debt, wages stay stagnant and economic growth hovers around 1.5%. Until then...

We're growing the debt love, even as we speak. We've been on this path for a half century now, Don will not alter it, neither would Hilary have, your system cannot "fix" this. Empire is expensive, your version of an economy requires constant growth to sustain itself. Just a matter of time before your next revolving crash, the people's socialist bailing out of the aristocracy, and eventually the world will move away frm the petro dollar. It will get interesting.

you're doing no such thing.

 

[Fenton Lum]

No matter who pays the majority of taxes in reality, you will never convince that poor person that they don't pay taxes. They are convinced, that single mother on welfare that never worked a day in her life is convinced that she pays more taxes than anyone else and is being punished by never getting a tax cut.

No one in america gets away without paying taxes but those who can hire attorneys and lobbyists.

again, what tax do the poor pay? I can't wait to read this.

So 80% of Americans are the poor?

Well depends upon how you wish to frame that, but we have lost our leadership ranking in the world regarding economic mobility, we have surpassed the level of wealth disparity of the Gilded Age that preceded the Great Depression, and now over half of wage earners in america drag home less than $30K per year, in an economic system predicated upon mass consumption.


First Wall Street and the donor/"job creator" class determined they no longer required american workers for production. Now with other populous nations like China and India coming on line, they no longer require the american population for consumption either. The people, once a commodity to be leveraged for profit margin growth to infinity are now a nuisance not even worthy of trickle down feudalism.

there is no we, you don't live here, go to your country and ***** *****.

Oh I witnessed all of that from a front row seat here, just not in front of my television like you son.

 

[jc456]

where was it you lived again?

Born and raised in the same county as Rush Limbaugh son.

I have no idea where he was born.

I don't much give a **** if you do or not.

well it didn't answer my question again. you hate answering questions don't you. I give a fk where the fk you live except if it is not in this country and I recall you telling me once you didn't. so, which is it this country or not? shit another fking question you won't answer.

Rush Limbaugh came out of Cape Girardeau County MO. I now live in Indiana but have lived all over including abroad. And I find you sir, a pathetic little whiney ***** of a loser who has been nowhere and understands nothing but what he has been fed.

That about cover it fer ya shoog?

so if you're from there, why did you tell me once you didn't live in this country?

 

[Fort Fun Indiana]

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'

The top 20% control roughly 95% of the wealth. Oops, kinda made a silly thread, didn't you?

And even that is a travesty. Their taxes should go waaaaay up, to incentivize less wealth hoarding.

Who the hell are YOU to tell people what to do with THEIR money?

Don't like that they have that much? Then go into business against them, lower the price, defeat them, and take their money!

I don't collect or enforce taxes. What a bizarre thing to say. Laws and the government do that. Geesh, must be happy hour...

so they don't use people to actually collect them? you know, the forms? someone has to right? a person i mean. has to right at some fking point in the process? right?

Haha, another bizarre response...yes, the government hires people. Do you really think that was his question? "Who are you to tell people what to do with their money? An IRS agent?"...haha, no. He was asking a question only appropriate in a bizarre universe, wherein I am the authoritarian leader of the United States...or something equally bizarre....

 

[Fenton Lum]

Ouch! - that's gonna shatter some painful delusions.

That's what delusions are for, let the people see what this tax plan does for society, let that one die as well.

No, delusions are for denying the discomfort of reality. You had your chance - let's revisit this when we acquire another 10 Trillion in debt, wages stay stagnant and economic growth hovers around 1.5%. Until then...

We're growing the debt love, even as we speak. We've been on this path for a half century now, Don will not alter it, neither would Hilary have, your system cannot "fix" this. Empire is expensive, your version of an economy requires constant growth to sustain itself. Just a matter of time before your next revolving crash, the people's socialist bailing out of the aristocracy, and eventually the world will move away frm the petro dollar. It will get interesting.

you're doing no such thing.

The US is growing the debt love, even as we speak. The US been on this path for a half century now, Don will not alter it, neither would Hilary have, your system cannot "fix" this. Empire is expensive, your version of an economy requires constant growth to sustain itself. Just a matter of time before your next revolving crash, the people's socialist bailing out of the aristocracy, and eventually the world will move away frm the petro dollar. It will get interesting

 

[Fenton Lum]

Born and raised in the same county as Rush Limbaugh son.

I have no idea where he was born.

I don't much give a **** if you do or not.

well it didn't answer my question again. you hate answering questions don't you. I give a fk where the fk you live except if it is not in this country and I recall you telling me once you didn't. so, which is it this country or not? shit another fking question you won't answer.

Rush Limbaugh came out of Cape Girardeau County MO. I now live in Indiana but have lived all over including abroad. And I find you sir, a pathetic little whiney ***** of a loser who has been nowhere and understands nothing but what he has been fed.

That about cover it fer ya shoog?

so if you're from there, why did you tell me once you didn't live in this country?

You're full of shit. show me.

 

[theDoctorisIn]

The top 20% of income earners earn 90% of total income in the US.

I'm not really worried that they're paying 5% more in taxes.

Keep in mind, the cutoff for the top 20% in the US is about $75,000 a year.

 

[g5000]

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

Gee, maybe that's because the top 20% make 93% of the income.

Opinion | An Idiot’s Guide to Inequality

First, economic inequality has worsened significantly in the United Statesand some other countries. The richest 1 percent in the United States now own more wealth than the bottom 90 percent. Oxfam estimates that the richest 85 people in the world own as much wealth as the bottom half of humanity.

The situation might be tolerable if a rising tide were lifting all boats. But it’s lifting mostly the yachts. In 2010, 93 percent of the additional income created in America went to the top 1 percent.

 

[BluesLegend]

As the 20% it gets tiring hearing the moochers tell me I don't pay my 'fair' share. I work my ass off and they seem to think they are entitled to MY money. Its like someone coming onto my property and taking my tractor, WTF.

 

[JoeNormal]

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'

Since the bottom 40% own less than 1% of the wealth, the top 20% would own more than 99% of it. They should be paying over 99% of the taxes. And before you accuse me of wanting your money, know that I'm in the top 10%.

 

[Mr Natural]

If we don’t stop taxing the wealthy, they’ll up and leave us and then whatever will we do?

 

[OnePercenter]

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'

It's that damn math; (1% of 1M is more than 1% of one thousand)

 

[BluesLegend]

If we don’t stop taxing the wealthy, they’ll up and leave us and then whatever will we do?

What New York and California do, tax the crap out of the poor and middle class.

 

[Harpy Eagle]

If we don’t stop taxing the wealthy, they’ll up and leave us and then whatever will we do?

What New York and California do, tax the crap out of the poor and middle class.

Oh yea, there are no rich people left in Cali or NY!

 

[imawhosure]

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

Gee, maybe that's because the top 20% make 93% of the income.

Opinion | An Idiot’s Guide to Inequality

First, economic inequality has worsened significantly in the United Statesand some other countries. The richest 1 percent in the United States now own more wealth than the bottom 90 percent. Oxfam estimates that the richest 85 people in the world own as much wealth as the bottom half of humanity.

The situation might be tolerable if a rising tide were lifting all boats. But it’s lifting mostly the yachts. In 2010, 93 percent of the additional income created in America went to the top 1 percent.

That is because we had an incompetent boob in charge!

 

[OnePercenter]

If we don’t stop taxing the wealthy, they’ll up and leave us and then whatever will we do?

What New York and California do, tax the crap out of the poor and middle class.

Taxes increase because the middle class isn't spending. Less monies for the States.