That's income tax again, ferchrissake, the only progressive tax we have, and it appears the only tax Pub dupes can talk about...If you count all taxes, everyone with any income pays around the same %wise, and the richest keep all the new wealth, and the nonrich and the country go to hell...a flat tax is unfair to the nonrich.
We are not talking about all taxes. We are talking about income taxes since those are the only taxes that our government uses to spend on federal things.
Social Security and Medicare are nothing more than savings accounts for those who live into their retirement age. FICA is just a cute acronym for Social Security. In other words, those taxes you get back, so it's not really a tax at all. If you live to the average lifespan in America, you not only get those taxes back, you get more than you put in.
Taxes are taxes, and the more the rich don't pay, the more the nonrich do, and the less there is to invest in America. The middle class and the country are a wreck after 35 years of Reaganism/GOP tax policy.
This has nothing to do with Reagan you idiot. Most of your posts are about how everything wrong in this country had to do with Reagan who presided under a Democrat led Congress. Yet no mention how they went along with Reagan's ideas.
Sixteen years of Democrat leadership in the White House since Reagan left; a few of those years with an all Democrat house, and they changed nothing of Reagan's.
Yes, the Democrat party is the party of poor excuses, but you take that to another level.
So one more time: the rich pay the most in federal income tax for the rest of us that don't pay or pay very little. It doesn't matter how much they do or don't pay. The non-rich (notice the dash between non and rich you fake retired school teacher) will not pay anymore. We just go deeper into debt which DumBama doubled in his eight years in the White House.
You are brainwashed. You ignore that we're still under Reaganist tax policy and the NEW BS GOP since has blocked all reform, and don't seem to have heard of the corrupt Booosh DEPRESSION that accounts for the great majority of Obama's debt.
By Ezra Klein September 19, 2012
At the heart of the debate over "the 47 percent" is an awful abuse of tax data.
This entire conversation is the result of a (largely successful) effort to redefine the debate over taxes from "how much in taxes do you pay" to "how much in federal income taxes do you pay?" This is good framing if you want to cut taxes on the rich. It's bad framing if you want to have even a basic understanding of who pays how much in taxes.
There's a reason some would prefer that more limited conversation. For most Americans, payroll and state and local taxes make up the majority of their tax bill. The federal income tax, by contrast, is our most progressive tax -- it's the tax we've designed to place the heaviest burden on the rich while bypassing the poor. And we've done that, again, because the working class is already paying a fairly high tax bill through payroll and state and local taxes.
But most people don't know very much about the tax code. And the federal income tax is still our most famous tax. So when they hear that half of Americans aren't paying federal income taxes, they're outraged -- even if they're among the folks who have a net negative tax burden! After all, they know they're paying taxes, and there's no reason for normal human beings to assume that the taxes getting taken out of their paycheck every week and some of the taxes they pay at the end of the year aren't classified as "federal income taxes."
Confining the discussion to the federal income tax plays another role, too: It makes the tax code look much more progressive than it actually is.
Take someone who makes $4 million dollars a year and someone who makes $40,000 a year. The person making $4 million dollars, assuming he's not doing some Romney-esque planning, is paying a 35 percent tax on most of that money. The person making $40,000 is probably paying no income tax at all. So that makes the system look really unfair to the rich guy.
That's the basic analysis of the 47 percent line. And it's a basic analysis that serves a purpose: It makes further tax cuts for the rich sound more reasonable.
But what if we did the same thing for the payroll tax? Remember, the payroll tax only applies to first $110,100 or so, our rich friends is only paying payroll taxes on 2.7 percent of his income. The guy making $40,000? He's paying payroll taxes on every dollar of his income. Now who's not getting a fair shake?
Which is why, if you want to understand who's paying what in taxes, you don't want to just look at federal income taxes, or federal payroll taxes, or state sales taxes -- you want to look at total taxes. And, luckily, the tax analysis group
Citizens for Tax Justice keeps those numbers. So here is total taxes -- which includes corporate taxes, income taxes, payroll taxes, state sales taxes, and more -- paid by different income groups and broken into federal and state and local burdens: