Just something to think on.

I laughed.

When said 65% of wealthy, top federal income tax payers are "off the sofa" cooking up the latest shelter, Uncle Sam cries foul.

When Uncle Sam even thinks about evening things up a bit, the lower 4% cries foul.

Of course, I'm one of those 44 million, so who am I to talk? :D

--ron
 
Wait a minute....that's 35% +65% +83% +4% = 187%! Holy Cow!!

So, what's he saying? Shift the tax burden to the poor? They don't have any money! That's what makes them poor! Then, give what little money could be collected from the poor to the owners of private contract companies. No private contractor can do my job cheaper than I do it, and I guaranty that every tax dollar paid to me goes directly back into the economy, In fact 20% of it goes right back into the general fund :laugh3:

I've been waiting for 15 years for somebody to say to me, "Hey, my taxes pay your salary!" So I can say, "So do mine!"

You can take two guys with opposing agendas and put them on a news network discussion panel, give both exactly the same numbers and they will each bend them to their own intent. "We pay too much taxes!" "Why won't the government rebuild my house?" Put up, or shut up. Services cost money.

Most government waste is in the form of pork barrel. There is no bigger pork barrel in history than private outsourcing of government responsibilities. :flame suit on:

Every time there is a story on about NASA, the wife says something like, "They could take that money and build houses or something." Social Services is the biggest single line item in government expenditures. The entire NASA budget wouldn't even shift the decimal point in that budget. Yet, she'd rather build houses than spend a pitance to explore new technologies.

Meanwhile, we've got to come up with $1,500 to do a valve job on her van. There goes more Jeep money - right down the toilet. I'll have to start taxing the kids' birthday and Christmas money.
 
XJ Dreamin' said:
Wait a minute....that's 35% +65% +83% +4% = 187%! Holy Cow!!
Click to expand...

He's saying the top 1% of the income echelon pay 35% of the total amount taken in by the government. That 35% is included in the 65% that the top 10% of income earners.

Is it right that the rich have to pay a much higher percentage of their income to taxes than the poor do? Not necessarily, but they have the money to spend, whereas the poor are just trying to get by. I don't think it's right for CEOs to be making millions of dollars a year for what I equate to sitting on their butt all day (gross oversimplification, but I stand by it), but that doesn't mean it's going to change.

One of the things I've noticed in all my years on the planet, (I mean, I have had 20 of them, and been able to recall at least the years between 8th grade and my freshman year in college), is that the rich tend to stay rich. If your parents own a company, you will inevitable get a job in that company. Maybe you deserve it, maybe you don't, but you will still have an in that most other applicants don't. As long as the rich families stay rich, should they really care if they're paying all that much more in taxes than other people? Taxes are a necessary evil, if you want to not pay them, feel free to move somewhere where there is no income tax, like Sierra Leone, or Ethiopia.

C-Dub
 
Colin W. said:
He's saying the top 1% of the income echelon pay 35% of the total amount taken in by the government. That 35% is included in the 65% that the top 10% of income earners.

Is it right that the rich have to pay a much higher percentage of their income to taxes than the poor do? Not necessarily, but they have the money to spend, whereas the poor are just trying to get by. I don't think it's right for CEOs to be making millions of dollars a year for what I equate to sitting on their butt all day (gross oversimplification, but I stand by it), but that doesn't mean it's going to change.

One of the things I've noticed in all my years on the planet, (I mean, I have had 20 of them, and been able to recall at least the years between 8th grade and my freshman year in college), is that the rich tend to stay rich. If your parents own a company, you will inevitable get a job in that company. Maybe you deserve it, maybe you don't, but you will still have an in that most other applicants don't. As long as the rich families stay rich, should they really care if they're paying all that much more in taxes than other people? Taxes are a necessary evil, if you want to not pay them, feel free to move somewhere where there is no income tax, like Sierra Leone, or Ethiopia.

C-Dub
Click to expand...

You are 20?

Not that I'm with you on this, but spelling? grammar? syntax? Let alone stringing a coherent thought together...

Good God, what's Okie gonna say about all of this?

Kudos.

--ron
 
Captain Ron said:
You are 20?

Not that I'm with you on this, but spelling? grammar? syntax? Let alone stringing a coherent thought together...

Good God, what's Okie gonna say about all of this?

Kudos.

--ron
Click to expand...
Beating up on kids again eh?

:D

I'm sure the Okester will be outraged...
 
I'll admit it, I haven't had an english class since my senior year in high school, about two and a half years ago. I tend to ramble, use extra commas, and string seemingly incoherent babble together. I'm sure using AIM a lot doesn't help matters, although if I ever say lol or brb I want someone to shoot me. You'll have to forgive me for not considering an online forum formal writing.

I did go back and reread my post, and it makes sense to me. Maybe you just have to be a little crazy to understand what's going on in here....
 
Colin W. said:
I'll admit it, I haven't had an english class since my senior year in high school, about two and a half years ago.
Click to expand...
Wow. Two and a HALF years ago? That's so much time to forget what should have been drilled into you during a twelve-year education. I hate to see how l33t u'll b in a yeer...
 
If you want to nitpick about my writing, then lets start a new thread called Colin sucks at his native language. If you disagree with my ideas, then tell me why and we can discuss any differences of opinion. If my first post doesn't make sense to you, ask me about it, and I'll try to explain myself.

As a side note, I only noticed one thing in there that was spelled incorrectly, and that was that I wrote inevitable instead of inevitably. My run-on sentences and random train of thought may make it hard to follow, but there certainly are no more grammatical mistakes in my first post than the average post here.
 
it just seems lik a majority of posts from the youner crowd tend to lack a certain cohertcy and clarity of thought along with the gammanar and speeling skilz that many older people take from grantenened so it was something of a gem to see your post and although i do not identify with your statements you did make make your pointy end very well as it was easiest to read and your sytinax was well executable with good gramenar and spelling that makes for a good read and i was simply pointing out these observationens and commentening in my oblique way that no one understands on what has becomenem a commenting point of late and i noted that you were 20 years old so now i know that everyone will clearly understanding what im syaing here now that i used the acceptable standenards for writing a worthless post in off topinic?

Oh, and 44 million people can't be all wrong. :D

--ron
 
Ok think about this...of course the top 1% pays alot of the governments taxes, because they make lots of money. if the progressive income tax rate is roughly 40 percent throughout the spectrum, then someone who makes 1 million dollars a year is going to give the government 400 grand or so in income taxes. If you compare those assumed figures to that of someone who makes 30 grand a year and pays a progressilve lower income tax, lets say as low as 30 percent, then the government is only going to recieve 9 thousand dollars from them, substantially lower than what the top 1-25% of people are paying. I think the writer of that article is an idiot.

While i disagree with having to pay for what you've earned, i think the writer of that article needs to take into consideration several larger views. Of course our forefathers fought for independance from a country taxing them, because they gained no benifit from britain using their money for the countries improvement, in this case, britain. In the U.S. everyone benifits from these taxes. the poor get welfare payments (im not saying the welfare state is good right now), and everyone gets improved roads, highways, and public education, along with numerous other things. All in all this guy needs to STFU.

sorry for the long post but i needed to share my thoughts. ive only only been around for 17 years so take it easy on me here. Lets here some other opinions though.

Nick
 
If we have to pay taxes (not that I'm assuming that on a personal level - just for the sake of argument here...) why can't we have some more say in how the money's spent, and, maybe, spend it on something a little more worthwhile than just welfare.

NASA? I'd happily spend money on them - as long as they're getting missions off the ground. Divorce the politicking from space travel, and we'd probably have had a colony on the Moon for the last 20 years or so, regular three-stage transportation, and manned missions to points beyond by now (there's no reason we couldn't have had an outpost on Mars as well - we've long had the tech to do it, and terraforming is already more than "theoretically" possible - the first plan I saw for terraforming Mars was dated 1978, I believe.)

Social programmes? A little iffy here. I'd not mind seeing money spent on people to actually improve themselves (schooling or trades training,) but subsidized living should be right out. Yes, this includes Social Security. It wasn't supposed last even into the 1940's anyhow.

Military spending? Sure - spend money on the military, if we're going to restructure it and use it like a proper armed force. I'm not talking about the emasculated force we have now (mostly administration, and increasingly run by "country club" rules,) but a true armed force, all teeth and no tail, that is designed to and tasked with the idea of breaking things and killing people. We don't need to be involved in half the stuff we're in, militarily, and getting out of the "Globocop" role will save us billion$.

The UN? Not another dime. Hit them with an eviction notice, back rent, and tow every vehicle with an outstanding fine against it. Turn the UN building into low-rent housing that people in NY can live in while they're getting back on their feet.

Politics? I believe Vermont still pays any and all of their state elected officials a stipend of $100 per annum, I'd consider that acceptable. Modify that for people who go into politics who aren't independently wealthy, so they can keep the bills paid - but not get rich doing it. I figure if they're all rich, we don't need to pay them.

Oh Colin - take it easy. We're not downing on you. Bear in mind the sort of thing we usually see from members of your generation (writing mainly done by people who should probably not yet be out of primary education, and certainly not up to the standards of what I had to produce in order to leave grammar school...) and I think you'll find that the responses you're getting are equal parts shock (that you can express yourself clearly, concisely, and coherently) and good-nature ribbing telling you "well done." I'm glad to see that there are still those out there who can be taught!

5-90
 
I got my panties all in a twist, but after the good Captain translated his post for me, I realize I misinterpreted the first few posts. My humblest apologies.
 
Colin W. said:
He's saying the top 1% of the income echelon pay 35% of the total amount taken in by the government. That 35% is included in the 65% that the top 10% of income earners.

Is it right that the rich have to pay a much higher percentage of their income to taxes than the poor do? Not necessarily, but they have the money to spend, whereas the poor are just trying to get by. I don't think it's right for CEOs to be making millions of dollars a year for what I equate to sitting on their butt all day (gross oversimplification, but I stand by it), but that doesn't mean it's going to change.

One of the things I've noticed in all my years on the planet, (I mean, I have had 20 of them, and been able to recall at least the years between 8th grade and my freshman year in college), is that the rich tend to stay rich. If your parents own a company, you will inevitable get a job in that company. Maybe you deserve it, maybe you don't, but you will still have an in that most other applicants don't. As long as the rich families stay rich, should they really care if they're paying all that much more in taxes than other people? Taxes are a necessary evil, if you want to not pay them, feel free to move somewhere where there is no income tax, like Sierra Leone, or Ethiopia.

C-Dub
Click to expand...
 
Related item: Bush's tax reform team has quietly scrapped the concept of a national sales tax. They crunched the numbers, and determined that to pull in the same revenue as the current system, the sales tax rate would have to be about 87%

Yes, eighty-seven.

I think it might be nice, to actually show people how much of their productivity goes to support the government. What better way than to increase their takehome pay by 50%, so they actually SEE what they earn, then add 87% at the cash register to the cost of everything they buy, so they actually SEE what the government costs them.

People don't even think about how huge the tax burden is, because they don't even see the money they're losing...

Robert
 
Yeah - wonderful how much money they can rake in when they both print the stuff in the first place, then manage to tax is several times.

I'd have to look up the relevant section, but in 26CFR it's stated that the only persons upon which Federal income tax may be levied are those not subject to a State income tax - IOW, those earning money with the District of Columbia, or without the borders of the United States of America. Amazing con job - we're only supposed to have to pay one income tax!

All this talk about stimulating the economy - how about a genuine "Tax Holiday?" No taxes collected for a solid year (or even six months) - which will have an incredibly salubrious effect upon the state of the Dollar - by stretching it like never before.

Of course, it makes sense - that's why it will never happen. That 87% total taxation shows up in the fact that the dollar is now worth next to squat - the more we're supporting the government, the less we've got left for us. I think we're about down to the level of the Yen, and approaching the Turkish Lire. Bummer.

5-90
 
Colin W. said:
He's saying the top 1% of the income echelon pay 35% of the total amount taken in by the government. That 35% is included in the 65% that the top 10% of income earners.

Is it right that the rich have to pay a much higher percentage of their income to taxes than the poor do? Not necessarily, but they have the money to spend, whereas the poor are just trying to get by. I don't think it's right for CEOs to be making millions of dollars a year for what I equate to sitting on their butt all day (gross oversimplification, but I stand by it), but that doesn't mean it's going to change.

One of the things I've noticed in all my years on the planet, (I mean, I have had 20 of them, and been able to recall at least the years between 8th grade and my freshman year in college), is that the rich tend to stay rich. If your parents own a company, you will inevitable get a job in that company. Maybe you deserve it, maybe you don't, but you will still have an in that most other applicants don't. As long as the rich families stay rich, should they really care if they're paying all that much more in taxes than other people? Taxes are a necessary evil, if you want to not pay them, feel free to move somewhere where there is no income tax, like Sierra Leone, or Ethiopia.

C-Dub
Click to expand...

Wow! I can't believe I caught somebody with that!!

Can you say...

Trolling%202.jpg


That's like throwing a bare hook into my swimming pool and snagging a 2# rainbow :laugh3: :laugh3: :laugh3:

Should we pay taxes? If you are standing within the borders of this country and breathing, you should pay taxes. For what? Ah, there's the rub. Like 5-90 says, make the politicians accountable. There are way more poor voters than rich voters. Get out there and make the bastards pay for screwing you.

Leave the country? Only the rich can afford to, or need to (to avoid paying taxes - that's why they're rich - they know how to hold on to money).

The most effective tax dollar is one spent on education. And yet, we pay a teacher squat and the Superintendent $120,000 a year. WTF is that?

I was awarded $25 once because I was elected employee of the month (swear to God). Two months later I get a form (one of those government forms - I don't remember the number). It tells me that my operating fund code has been hit for $38. I go to our business manager and ask WTH is this $38? She says that's your award. I say I only got $25. She says there were costs attached to cutting the $25 check I was awarded. Thirteen dollars to cut a $25 check! That's $13 I could have taken as pay. Next time authorize some overtime and I'll work for the $38. She says overtime isn't justified. I said,

I was kidding!

Jeez. Nobody's got a sense of humor.

I know. Let's give $10,000,000 more to Haliburtin [sp]. That'll fix up the country right nice.
 
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