DozeNutz: at these a-holes getting handouts/benefits (in one form or another)

Yeah, the Taliban hates our vets too.

BillCo: Yeah, the top 10% of wage earners are only paying 70% of all taxes.

They also make 48% of total income. Seventy percent is not as unfair as the disingenuous tools who never mention that little tidbit would have people believe.

BlozeGoatz: So lets also point out that people on the dole, and people who pay no taxes at all, get a benefit from the wealthy paying taxes.

Good luck taxing children and the retired.

BillCo: Yeah, the top 10% of wage earners are only paying 70% of all taxes. Let's tax them some more!. Seems fair.

/It sure is fun to hate on successful people, isn't it.

//Trot out your charts and graphs boys, it's a tax thread.

If hedgefund managers are "wage earners", why don't they pay taxes on wages?
Or by "wage earners", did you mean "people with income"?

/Hating on successful people is too hard. Let's hate on the poor instead. They just sit there and take it.

jbc: BlozeGoatz: So lets also point out that people on the dole, and people who pay no taxes at all, get a benefit from the wealthy paying taxes.

Good luck taxing children and the retired.

And soldiers in combat zones.

Of course it favors the wealthy. 15% is a smaller number than 28%. Duh.

The rich are simply over taxed. If only we could get back the rates under Reagan, this country could move forward again.

DozeNutz: yeah dude, vets pay taxes too. so suck my balls. Nice try to demagogue the issue when you have ZERO rebuttal. You will wake up one day, hopefully before its too late.

Soldiers get tax relief when they are in combat zones, and when they get back they have socialized medicine through the VA and other benefits like the GI Bill, hiring preferences, preference in small business loans, ertc to take advantage of.

Or as you described them "Assholes getting handouts"

djkutch: The rich are simply over taxed. If only we could get back the rates under Reagan, this country could move forward again.

lol.

can you imagine if reagan were running today - the real reagan, not the beatified jesus-reagan the teabaggers worship? he wouldn't even make it past iowa and new hampshire!

FlashHarry: djkutch: The rich are simply over taxed. If only we could get back the rates under Reagan, this country could move forward again.

lol.

can you imagine if reagan were running today - the real reagan, not the beatified jesus-reagan the teabaggers worship? he wouldn't even make it past iowa and new hampshire!

This true. Reagan was a RINO. What we really need to do is get back to the rates under the last true Republican president--Eisenhower. The economy would explode with growth!

DozeNutz: Also, when the rich (who own the majority of businesses) get taxed more, they pass the cost on to the consumer.

Well, there's your trickle down economics finally at work.

DozeNutz: Ok, let me clarify my point. People that pay 0 taxes want the rich to pay more. They pay nothing, the rich pay the lions share of taxes. So therefore they should have ZERO input into the discussion. You do realize that ~50% pay no income tax, and they are the ones biatching about taxes being unfair? gimme a break. Also, when the rich (who own the majority of businesses) get taxed more, they pass the cost on to the consumer. So its really a cost passed on, to others. So you are just screwing yourself. Let me know when that sinks in.

Yes, those people who "don't pay any taxes" are the old and retired, active duty military, and the wretchedly poor. So go ahead and raise their taxes, see what that gets you. The reason they "don't pay any income taxes" is because they make so little money, or they take advantage of middle class deductions and various tax credits.. So yeah, go head and raise their taxes and take away their deductions and credits. And I'm sure you have heard of sales taxes, property taxes, gas taxes, car taxes, "fees" and so on, so this bullshiat talking point about people paying zero taxes is exactly that: bullshiat. You specify income because otherwise you'd have to admit that they pay a lot in taxes, proportionally more than some hedge fund manager. It's nothing but a distraction to show your hatred for the poor and needy.

And this "They should get no say " horseshiat reeks of anti-American aristocracy. It flies in the face of everything America stands for. That all are equal, that all get a vote, that all get a say in how the country is governed. Taking that away and belittling it in favor of some legally enforced caste system in which rights and freedom are based upon income is disgusting and flat out demonstrates your hatred of everything that makes this country great.

Now, if you want to support aristocratic tyranny, that's your right.

I mean, you have heard of taxation without representation, right?

Because by saying they should have no say in government, yet still be liable for other taxes, you are advocating taxation without representation.

Aarontology: I mean, you have heard of taxation without representation, right?

Because by saying they should have no say in government, yet still be liable for other taxes, you are advocating taxation without representation.

Maybe they should come out and say this sort of stuff explicitly, and then try passing it, so we can get down to the business of shooting them like Redcoats.

BillCo: Yeah, the top 10% of wage earners are only paying 70% of all taxes. Let's tax them some more!. Seems fair.



And the top 10% only have 80% of all the money (new window).

If you tax the guy at the top, he'll just cut production, raise his prices, and you might lose your job. You can't tax the rich man. He doesn't use entitlements, nor does he get a military paycheck, which are the vast portion of government spending. Why tax the man who's funding the lion's share of our economy? It just doesn't make sense.

I say, tax downward, and make the people who use the government pay more. Let them pay their share, no more subsidizing the poor. Economics tells us that rewarding you for being poor will keep you there. We need to reward people for working BETTER, SMARTER, and more in tune with DEMAND. If the supply of a labor pool is less, the higher price on the labor drives up the supply.

Taxing the poorer the most will also create a greater economic incentive to get rich. Incentivize getting rich, it's a classic economic scheme to promote behavior. Being rich is it's own carrot, but where's the stick when you know you won't starve to death?

Just like how raising taxes on corporations makes the prices for consumers rise, taxing the rich only causes them to pass the costs on to the middle class.

The only sensible tax policy is to tax from the bottom up. Force as much of the tax burden to the lowest brackets as possible, and work up. Those at the bottom have nobody to foist their costs on, as they aren't productive. The poor use the biggest portion of government services, so they should be the ones to carry the biggest portion of the burden. The poor also don't create jobs. Don't tax away the rich's ability to invest in industry and JOBS.

Taxation needs to be graduated as "regressively" as possible. I prefer the term "progressive from the bottom" personally.

A "progressive from the bottom" scheme incentivizes being more productive. If you tax the people at the top MORE, you'll discourage people from being more productive. If you punish people for being less productive, you'll see an increase in average household income. Think of it as an excise tax on being lazy and poor.

palladiate: Maybe they should come out and say this sort of stuff explicitly, and then try passing it, so we can get down to the business of shooting them like Redcoats.

I think that a lot of them don't actually realize what they're advocating.

Sure they rhetoric sounds all "freedomy" but the nuts and bolts of it are flat out tyrannical.

I mean, how else can someone claim to be about freedom, yet advocate the same kind of tyranny America revolted against?

INeedAName: EatHam: Of course it favors the wealthy. 15% is a smaller number than 28%. Duh.

And 28% of $40,000 is a lot harder to handle than 35% of $1,000,000. I got my ass kicked this year. I actually filed for an extension because I have no effing clue how I'm going to pay it off.

Bracket wise, people who make $500k pay as much as people who make $500,000,000.

I've not normally owed, and certainly not anything close to what I owe this year. I inadvertantly got myself a raise and am basically going to have pay back the entire raise to come even.

I don't think you understand how the tax system works.

If you're in the 28% tax bracket (and your single), you're not paying 28% on your entire income, just that portion between about $83k and $174k.