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(Huffington Post)   Republicans propose tax hikes. Don't worry, they're not for the rich   (huffingtonpost.com) divider line 180
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4970 clicks; posted to Politics » on 20 Jun 2012 at 5:05 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-06-20 04:14:56 PM
Higher taxes on the poor provides incentive for those leeching off the government to stop being poor, get a job, build a couple factories, and become rich. At which point, they will be rewarded with lower tax rates than those who refuse to stop being poor. Prove me wrong.
 
2012-06-20 04:25:50 PM
You know, I just don't understand the whole distribution of wealth. No matter what the very wealthy proposes, short of killing themselves and leaving all their assets to be spilt evenly amongst all Americans, it can't work.

*warning* Shiatty analogy ahead

If there are 10 of us in the desert, being pulled on a cart by a camel, all 10 of use must contribute some of our water to the camel. If 9 of us have a gallon of water each, except for the rich guy....he has 1000 gallons, it doesn't matter what 9 of us give to the camel. In a hundred miles, he's going to dehydrate....unless the rich guy either gives us each 10-20 gallons, or flat out gives the water directly to the camel. There is a finite amount of water. We all used to have roughly 100 gallons each. But the rich guy taxed us so heavy (because he owned the cart)...he even made some back door deal with the cart driver whereas we had to pay the driver too, but the water ended up with the rich guy anyway...I don't know.
 
2012-06-20 04:28:39 PM
I am shocked.
 
2012-06-20 04:35:01 PM
Oh, and the Rich guy even whispered something to the camel a couple of times. The camel threw up a couple of gallons of water each time into the rich guy's buckets for some reason.
 
2012-06-20 04:39:26 PM

Bonkthat_Again: Oh, and the Rich guy even whispered something to the camel a couple of times. The camel threw up a couple of gallons of water each time into the rich guy's buckets for some reason.


Don't worry, no one read that anyway.
 
2012-06-20 04:42:06 PM

Bonkthat_Again: You know, I just don't understand the whole distribution of wealth. No matter what the very wealthy proposes, short of killing themselves and leaving all their assets to be spilt evenly amongst all Americans, it can't work.

*warning* Shiatty analogy ahead

If there are 10 of us in the desert, being pulled on a cart by a camel, all 10 of use must contribute some of our water to the camel. If 9 of us have a gallon of water each, except for the rich guy....he has 1000 gallons, it doesn't matter what 9 of us give to the camel. In a hundred miles, he's going to dehydrate....unless the rich guy either gives us each 10-20 gallons, or flat out gives the water directly to the camel. There is a finite amount of water. We all used to have roughly 100 gallons each. But the rich guy taxed us so heavy (because he owned the cart)...he even made some back door deal with the cart driver whereas we had to pay the driver too, but the water ended up with the rich guy anyway...I don't know.


Yeah, that's a pretty shiatty analogy. :-)

Here's a better way to look at it.

There are 10 people in a village. They want to make a pie. One guy says" I have a recipe"- you guys collect the ingredients and we'll make the pie.

So 9 of them work hard all day and gather the apples, cinnamon, wheat, etc. They bring the recipe guy the ingredients-who then sits back and tells the other 9 how to cook it.

When the pie is done- it is cut into 10 pieces. To which the One Recipe guy claims 9 of the slices "There would be no pie without my recipe." Leaving one for the other 9. He uses one slice to bribe two others to protect his reaming 8. One is named The Government, the other is named The Law and they are the biggest guys in the village.

And there you have American Distribution of wealth.
 
2012-06-20 04:47:22 PM
Specifically, anyone who earns less than $200,000 a year would see their taxes go up by at least $1,000, and in some cases as much as $4,600, according to the JEC. Meanwhile, people who earn a million dollars or more would get a tax cut of between $286,000 and $331,000 a year.

can we just get it over with and KILL all these politicians already?
pretty please???
no??????????????

sigh
 
vpb [TotalFark]
2012-06-20 04:47:53 PM
The whole investors create jobs thing is nonsense anyway. It takes many things to make a profitable business and investment capital is just one element.

You need labor, infrastructure, consumer demand for your product, infrastructure, resources and many other things. If consumer demand is the limiting factor, more investment isn't going to help anything.
 
2012-06-20 04:52:05 PM

Darth_Lukecash: And there you have American Distribution of wealth


Yes, much better analogy.

So you're saying (assuming the guy who provided the recipe will under no circumstance share his pie), the only recourse is for the 7 others to overpower the 2 big guys?
 
2012-06-20 04:58:57 PM

Bonkthat_Again: Darth_Lukecash: And there you have American Distribution of wealth

Yes, much better analogy.

So you're saying (assuming the guy who provided the recipe will under no circumstance share his pie), the only recourse is for the 7 others to overpower the 2 big guys?


or, now that they know the recipe and where all the ingredients are, they can go out and make a bunch of pies on their own for themselves to eat and to sell to others so they can become pie magnates and then come back to town ten years later for a reunion and then f*ck that recipe guy's wife.
 
2012-06-20 05:06:23 PM
Pie is legal theft. Also camels.
 
2012-06-20 05:09:39 PM
Republicans propose tax hikes. Don't worry Confirming what we already knew about Republican tax policy/scratching the backs of supporters, they're not for the rich

FTFY, subby
 
2012-06-20 05:10:17 PM

Mike_LowELL: Higher taxes on the poor provides incentive for those leeching off the government to stop being poor, get a job, build a couple factories, and become rich. At which point, they will be rewarded with lower tax rates than those who refuse to stop being poor. Prove me wrong.


I had to fight the urge to bite. Think of this as a moral "taking the bait" for you.
 
2012-06-20 05:11:22 PM
But...

Won't this lower revenue?

I was under the impression that tax breaks, not tax hikes, increase revenue. Is that wrong? Is the person who said that full of shiat?
 
2012-06-20 05:11:38 PM

namatad: Specifically, anyone who earns less than $200,000 a year would see their taxes go up by at least $1,000, and in some cases as much as $4,600, according to the JEC. Meanwhile, people who earn a million dollars or more would get a tax cut of between $286,000 and $331,000 a year.

can we just get it over with and KILL all these politicians already?
pretty please???
no??????????????

sigh



And they continually get votes from the poor because "Jesus" and "No homos getting married".
 
2012-06-20 05:12:19 PM

vpb: You need labor, infrastructure, consumer demand for your product, infrastructure, resources and many other things.


You said "infrastructure" twice.
 
2012-06-20 05:13:11 PM

Fuggin Bizzy: vpb: You need labor, infrastructure, consumer demand for your product, infrastructure, resources and many other things.

You said "infrastructure" twice.


Well, we need a lot of it.
 
2012-06-20 05:13:29 PM

Epoch_Zero: But...

Won't this lower revenue?

I was under the impression that tax breaks, not tax hikes, increase revenue. Is that wrong? Is the person who said that full of shiat?


you're not wrong. allow me to give you an analogy. say labron james wants to make his score go up to win the big basketball contest. well, he does a flying dunk shot and slams the ball down (not up) into the hoop, which makes his tally go up by two points. it's the same way with tax policy.
 
2012-06-20 05:13:46 PM

thomps: Bonkthat_Again: Darth_Lukecash: And there you have American Distribution of wealth

Yes, much better analogy.

So you're saying (assuming the guy who provided the recipe will under no circumstance share his pie), the only recourse is for the 7 others to overpower the 2 big guys?

or, now that they know the recipe and where all the ingredients are, they can go out and make a bunch of pies on their own for themselves to eat and to sell to others so they can become pie magnates and then come back to town ten years later for a reunion and then f*ck that recipe guy's wife.


black market pies. the recipee guy has a patent and copyright.
/see law guy
 
2012-06-20 05:14:01 PM

WorldCitizen: I am shocked.


ibankcoin.com
 
2012-06-20 05:15:16 PM
I'm glad they can just fark us like chattel or slaves and not even have to pay us like we were hookers or something. I know some people, like Julia Roberts in Pretty Woman, expect to get paid when they get farked by the rich but that's un-Mercan to expect that. Bend over, grab your ankles, congress can spit on the tip a la Brokeback Mountain and the rich can fark us good for free. As Jesus intended!
 
2012-06-20 05:15:35 PM
realneo.us

You have to pay your fair share, freeloader. We're taking the dog.

- Sen. Mitch McConnell (R-KY)
 
2012-06-20 05:16:14 PM
Complete lack of surprise.
 
2012-06-20 05:16:17 PM

TrollingForColumbine: thomps: Bonkthat_Again: Darth_Lukecash: And there you have American Distribution of wealth

Yes, much better analogy.

So you're saying (assuming the guy who provided the recipe will under no circumstance share his pie), the only recourse is for the 7 others to overpower the 2 big guys?

or, now that they know the recipe and where all the ingredients are, they can go out and make a bunch of pies on their own for themselves to eat and to sell to others so they can become pie magnates and then come back to town ten years later for a reunion and then f*ck that recipe guy's wife.

black market pies. the recipee guy has a patent and copyright.
/see law guy


i highly doubt that the pie's recipe satisfies the non-obvious requirement for a patent.
 
2012-06-20 05:16:20 PM
Wait. Why does anyone vote for these guys again?
 
2012-06-20 05:17:00 PM

crab66: Wait. Why does anyone vote for these guys again?


To stop baby killing and gay marriage.
 
2012-06-20 05:17:20 PM

crab66: Wait. Why does anyone vote for these guys again?


As mentioned above:

Because Jesus and ain't no 'mo's getting married.
 
2012-06-20 05:17:20 PM

rudemix: I'm glad they can just fark us like chattel or slaves and not even have to pay us like we were hookers or something. I know some people, like Julia Roberts in Pretty Woman, expect to get paid when they get farked by the rich but that's un-Mercan to expect that. Bend over, grab your ankles, congress can spit on the tip a la Brokeback Mountain and the rich can fark us good for free. As Jesus intended!


....Go on.
 
2012-06-20 05:17:47 PM
Nice use of sarcasm subby.

/Appreciates the art of sarcasm
 
2012-06-20 05:17:54 PM
Consumer demand drives job creation.

No demand = No jobs.
 
2012-06-20 05:18:42 PM
Republican Tax Plan Would Make The Rich Richer, Raise Taxes On The Middle Class: Report

Someone go check on the obvious tag, it might have fallen and can't get up or something.
 
2012-06-20 05:18:48 PM
So we're taking money out of the low and middle class to give money to the rich in an attempt to get them to invest in a business who's customers are the poor and middle class who no longer have disposable income?

It's like if you had a pie...or a camel pie...and it farked you...or something. Yeah.
 
2012-06-20 05:19:01 PM
See, it's not class warfare, because it helps the filthy rich and hurts the working class.

/and working class idiots still vote for them
//because they love Jeezis and hate homos
///and women, and blacks, and Mexicans, and Muslims, and ...
 
2012-06-20 05:19:25 PM

thomps: TrollingForColumbine: thomps: Bonkthat_Again: Darth_Lukecash: And there you have American Distribution of wealth

Yes, much better analogy.

So you're saying (assuming the guy who provided the recipe will under no circumstance share his pie), the only recourse is for the 7 others to overpower the 2 big guys?

or, now that they know the recipe and where all the ingredients are, they can go out and make a bunch of pies on their own for themselves to eat and to sell to others so they can become pie magnates and then come back to town ten years later for a reunion and then f*ck that recipe guy's wife.

black market pies. the recipee guy has a patent and copyright.
/see law guy

i highly doubt that the pie's recipe satisfies the non-obvious requirement for a patent.


it's an analogy.

/i said anal
//lightenupfrancis.jpg
 
2012-06-20 05:19:44 PM
I hear around half the people in America don't even pay federal income tax.

Shouldn't everyone pay thier fair share?
 
2012-06-20 05:20:19 PM
I posted this in yesterdays thread about Mitch McConnell saying that the tax system was too progressive, it works here too:


Clever Mitch... I love that he uses the figure that top decile pays 70% of all Federal taxes collected to make it seem incredibly unfair.

What he fails to point out is that the income share of that decile is also just shy of 50% of all income in the US (http://www.intellectualtakeout.org/library/chart-graph/decomposing-to p-decile-us-income-share-3-groups-1913-2008) and that the top 1% represents nearly 25% of all income in the US. But instead, he uses the 10% figure, out of context, because at first glance, it seems insane.

Some further investigation is also very illustrative. Mitch likes to point out that old falsehood that nearly half the population pays no income tax at all!!! Oh the humanity. The figure for the bottom 50% of the population's contribution to Federal revenue is low, at around 3%. But let's take a look at the income share of the bottom half of the nation shall we. The bottom 50% of earners in the USA, likely the same group that Mitch claims is freeloading, account for 12% of the total US income share. Their effective tax rate is 13.6%. In reality, while they may seem to contribute less as a share of their income, it is hard to squeeze blood from a rock.

Let's look at it another way, after an effective Federal rate of 13%, someone in the bottom 50% can expect to have (before state taxes) 87% of $32,396. That is $28,185. Ignoring state taxes, that leaves this earner around $2350 a month to live on. According to MIT's figures (which include food, child care, medical, housing, transportation, and a miscellaneous extra), in a relatively cheap state, such as Idaho, one person living alone can expect to need $1,189 to cover basic living expenses (http://livingwage.mit.edu/states/16). If they have one adult and one child, that jumps to $2,350. Exactly what they earn post tax. Two adults, one child is prohibitively expensive, and two adults, two children is completely out of the question. Wow, they have it so lucky! At least most lucky than those in Michigan or Illinois that require around $1300 per month for a single adult.

Now let's turn again to the top 10%, who are paying an effective rate of 17.5% and the top 1% are paying an effective rate of 20.6% (http://www.irs.gov/taxstats/indtaxstats/article/0,,id=133521,00.html# _grp3). The income threshold to make it into the top 10% is around $115,000 per year for an individual. Let's apply an effective tax rate of 17.5% to that and see what is left, $94,875, or $7906 per month. Let's pick an expensive state for them, let's go with Massachusetts where an individual needs roughly $1,750 (statewide) or in Boston at $1,881. That leaves a fairly good amount of money left over to spend on the goods and services that build our consumer economy. If this individual has a child, it will be a bit harder, as they will need $3,220 per month, leaving only $4,686 over. How harsh that progressive tax is; it has clearly created a scenario where this individual could in no fashion contribute to the economy! They are being robbed by the lucky bottom 50%!

But let's take this to the logical conclusion, let's get the top 1% and let's make them live in super expensive New York City. To qualify, nationally, for the top 1%, you need to earn around $458,000 per year. At an effective tax rate of 20.6%, that leaves $363,652, or $30,304 monthly (post tax more per month than the bottom 50% makes in a year...). Oh the horror! How on earth is an individual with no child going to come up with the $1,913 per month needed in New York Country (essentially Manhattan). Just imagine if they had a child and needed the $3,185 that a single parent and child would cost.

So now we return to Mitch McConnell's claim that the tax system already over favors the bottom end. I know, myself, looking at these tax scenarios, I would certainly not want to put in the effort to make more money, look at how terrible it is for the top 10% with their exorbitant tax rate! And if I was in the top 1%, I really don't know how with those tax rates I could ever "create a job" for someone. I mean, maybe I could if that guy in Idaho would just pay his fair share!
 
2012-06-20 05:20:21 PM

thomps: Epoch_Zero: But...

Won't this lower revenue?

I was under the impression that tax breaks, not tax hikes, increase revenue. Is that wrong? Is the person who said that full of shiat?

you're not wrong. allow me to give you an analogy. say labron james wants to make his score go up to win the big basketball contest. well, he does a flying dunk shot and slams the ball down (not up) into the hoop, which makes his tally go up by two points. it's the same way with tax policy.


Ladies and gentlemen, your FARK Post of the WeekTM.
 
2012-06-20 05:20:41 PM
And this is why I L-O-V-E the Republican Party. Now that I am doing well enough that I am in the Middle Class, I fell that I should shoulder more of the burden for the rich. It's only my duty as a lower lifeform and all...

----YAY TEAM!!!

FTA: Meanwhile, people who earn a million dollars or more would get a tax cut of between $286,000 and $331,000 a year.

So if I make a million bucks, I would get a tax cut of $286,000 a year? What the Hell would that leave to be paid? $20??
 
2012-06-20 05:20:41 PM

Thune: I hear around half the people in America don't even pay federal income tax.


I hear 100% of stones don't bleed.
 
2012-06-20 05:21:32 PM

Thune: I hear around half the people in America don't even pay federal income tax.

Shouldn't everyone pay thier fair share?


OHHHHH so close. The judges were looking for "skin in the game." Yep, "skin in the game" was the correct answer. Tune in next week for "Right Wing Talking Point Regurgitation!"
 
2012-06-20 05:21:46 PM
Same thing just happened in Kansas. If you are a business owner or in a partnership you don't have to pay income taxes in Kansas. No, I'm serious. Only income from payroll counts as income in Kansas now. So the truck driver, the waitress, and the janitor all pay state taxes, but the people they work for don't. I guess when the Democrats are led by a negro the GOP could outlaw guns, make Islam the national religion, and force prima nocta on the peasants and they will still vote for them.
 
2012-06-20 05:22:08 PM

Mike_LowELL: Higher taxes on the poor provides incentive for those leeching off the government to stop being poor, get a job, build a couple factories, and become rich. At which point, they will be rewarded with lower tax rates than those who refuse to stop being poor. Prove me wrong.



smoke one for me too, dude. lol
 
2012-06-20 05:22:15 PM

jst3p: crab66: Wait. Why does anyone vote for these guys again?

To stop baby killing and gay marriage.


And to stop my union neighbor from making $1.50 more than me while working less hours. Ahole.
 
2012-06-20 05:22:29 PM
I look forward to hearing all of the "I'm not voting for Obama because Democrats want to raid your wallet" people chiming in on this.
 
2012-06-20 05:23:14 PM

LarryDan43: jst3p: crab66: Wait. Why does anyone vote for these guys again?

To stop baby killing and gay marriage.

And to stop my union neighbor from making $1.50 more than me while working less hours. Ahole.


Wouldn't a better plan to be for YOU to be making $1.50 more than you do now?
 
2012-06-20 05:24:14 PM

Headso: Thune: I hear around half the people in America don't even pay federal income tax.

I hear 100% of stones don't bleed.


www.giantpanther.com
"You try havin' 'nything left at this age, lad."
 
2012-06-20 05:24:15 PM
It's not class warfare when it benefits the rich!
 
2012-06-20 05:24:16 PM
come on people...you can just eat beans and rice.
 
2012-06-20 05:24:36 PM

TrollingForColumbine: thomps: TrollingForColumbine: thomps: Bonkthat_Again: Darth_Lukecash: And there you have American Distribution of wealth

Yes, much better analogy.

So you're saying (assuming the guy who provided the recipe will under no circumstance share his pie), the only recourse is for the 7 others to overpower the 2 big guys?

or, now that they know the recipe and where all the ingredients are, they can go out and make a bunch of pies on their own for themselves to eat and to sell to others so they can become pie magnates and then come back to town ten years later for a reunion and then f*ck that recipe guy's wife.

black market pies. the recipee guy has a patent and copyright.
/see law guy

i highly doubt that the pie's recipe satisfies the non-obvious requirement for a patent.

it's an analogy.

/i said anal
//lightenupfrancis.jpg


no, f*ck that. we're committed to this thing. recipe guy misplayed his hand. he should have had them bring in a bunch of extraneous ingredients and then combine them himself. allow me to provide an analogy to aid my point. remember that episode of the simpsons where moe creates the flaming moe and then becomes really popular because everyone likes the flaming moe and he refuses to sell the recipe to that one guy but then that one guy finds out what the secret ingredient is because homer dresses up like the phantom of the opera and tells everyone that it's cough syrup and that he had invented the flaming moe back in the day when his sisters-in-law were visiting and he needed a drink but was out of traditional mixer ingredients and then everyone knew the recipe and made knock-off flaming moe drinks and moe lost everything including that one bartender that he was banging that was suspiciously like one of the main characters from the tv show cheers? well it's just like that: cheers couldn't sue the simpsons for copyright infringement because it's parody.
 
2012-06-20 05:24:46 PM

jst3p: LarryDan43: jst3p: crab66: Wait. Why does anyone vote for these guys again?

To stop baby killing and gay marriage.

And to stop my union neighbor from making $1.50 more than me while working less hours. Ahole.

Wouldn't a better plan to be for YOU to be making $1.50 more than you do now?


wat. and put him in a higher tax bracket. farking dimorats
 
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