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

[Harpy Eagle]

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!

And nothing changed on Jan 20th

 

[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.

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

State spending and corruption are not a factor??

 

[Darkwind]

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.

Bwwwahahahahahahahahaha

 

[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 so

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.

Bwwwahahahahahahahahaha

Cackling fools will cackle....

 

[NYcarbineer]

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'

You want to shift the tax burden down the economic ladder?

 

[BluesLegend]

Because 'fair' means the 20% must work and foot the bill for the 80%...oh wait

 

[NYcarbineer]

So if the middle class taxes are so low now, single digit percentages? what happens when the GOP cuts them further?

 

[BluesLegend]

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'

You want to shift the tax burden down the economic ladder?

No cut spending, try to keep up.

 

[Darkwind]

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 so

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.

Bwwwahahahahahahahahaha

Cackling fools will cackle....

And idiots cry and babble and demand their helmets.

You should put yours on before you get hurt.

 

[Darkwind]

So if the middle class taxes are so low now, single digit percentages? what happens when the GOP cuts them further?

They go even lower.

 

[NYcarbineer]

So if the middle class taxes are so low now, single digit percentages? what happens when the GOP cuts them further?

They go even lower.

Which means even more pay no tax? Isn't that a standard conservative complaint?

 

[Darkwind]

So if the middle class taxes are so low now, single digit percentages? what happens when the GOP cuts them further?

They go even lower.

Which means even more pay no tax? Isn't that a standard conservative complaint?

No, it isn't.

We don't need to pay more taxes. We need to spend less money.

 

[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.

State spending and corruption are not a factor??

I stated 'less monies for the States.' Yes, the corruption by paying substandard pay to American workers.

You are a Putin butt-puppy!

 

[imawhosure]

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%.

OK, lets all agree with this person. The top 20% SHOULD pay more. So now, how much money by extra VOLUNTARY taxes was paid in to the treasury? Last I seen which was for 2013 I believe, it was LESS than 50 million.

And so, if the leftists believe this, why aren't the rich ones paying in more, voluntarily?

I will tell you why-------->because they are full of baloney, macaroni, and cheese! They have their carve outs, and they aren't going to let them go. And if the U.S. really decided to clamp down, they would just offshore their money!

And then------>I would like to now where everyone THINKS money comes from for capital investment so the economy can grow? Do you think people just keep their money in mattresses? The banks are LOANING money out from people that have MONEY in the bank! So even if they do not reinvest the money in their business, the money IS reinvested into other businesses at a lower rate, because the banks MUST get it out to MAKE money.

How dumb are leftists? Pretty dumb! Money flowing around causes taxable events that INCREASE revenue flow to the treasury, regardless of in a bank, or in the stockmarket. If someone handed YOU 50,000 dollars today, what would YOU do with it? Use it all to pay bills? (more money at a cheap rate for people to borrow because you paid off your cards) Invest it? (more money for company's to buy ne machinery) Buy a new car? (another job in a factory)

Unless money is put in a mattress or a lock box, it moves! NOBODY gives you a return on your money by holding it, and looking at it! They MOVE it to higher interest paying vehicles, so they can pay YOU, your return, and make a profit.

There is only ONE place that your money makes NOTHING or loses, and that is sitting in the governments treasury, as you wait for them to send you a refund.

I want to know what makes ANYONE think the government is smarter than they are! They don't make a profit, constantly run up debt, then try and convince you that because someone is smarter than they are and makes a profit with their own money, they are somehow..........EVIIIIIIIL!

Yes, leftists really are dumb, and from some of these posters in here, obviously excessively lazy too!

 

[OnePercenter]

So if the middle class taxes are so low now, single digit percentages? what happens when the GOP cuts them further?

They go even lower.

Which means even more pay no tax? Isn't that a standard conservative complaint?

No, it isn't.

We don't need to pay more taxes. We need to spend less money.

Where and how much?

 

[Darkwind]

So if the middle class taxes are so low now, single digit percentages? what happens when the GOP cuts them further?

They go even lower.

Which means even more pay no tax? Isn't that a standard conservative complaint?

No, it isn't.

We don't need to pay more taxes. We need to spend less money.

Where and how much?

Everywhere and 25%.

 

[imawhosure]

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'

You want to shift the tax burden down the economic ladder?

No, it is time to lessen the TOTAL tax burden!

 

[NYcarbineer]

So if the middle class taxes are so low now, single digit percentages? what happens when the GOP cuts them further?

They go even lower.

Which means even more pay no tax? Isn't that a standard conservative complaint?

No, it isn't.

We don't need to pay more taxes. We need to spend less money.

I said NO tax. Remember 2012? All the conservatives complaining about the infamous 47% who pay no federal income tax?

Now the GOP wants to increase that number.

 

[NYcarbineer]

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'

You want to shift the tax burden down the economic ladder?

No, it is time to lessen the TOTAL tax burden!

And balloon the deficit?

 

[usmbguest5318]

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

That fact is something over which far too many people conveniently gloss.