CBO: Top 40% paid 106% of income taxes...

goldfly said:
choosing whole numbers instead of % per capita is such a poli sci 101 first day argument
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Not when using % is horribly skewed when looking at entire tax contributions.

We've already established that they pay a bigger % on income... Now let's look at the dollars contributed.
 
Goldy, Meta, yeezus, 57, jpx, others...

what % of personal income should wealthy be taxed at? Just give me a number.
 
sturg33 said:
Goldy, Meta, yeezus, 57, jpx, others...

what % of personal income should wealthy be taxed at? Just give me a number.
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you're a microcosm of everything wrong with this country

keep changing the subject over and over and make sure the conversation gets nowhere and gets nothing done

if one question is answered, quickly divert to a different question
 
goldfly said:
you're a microcosm of everything wrong with this country

keep changing the subject over and over and make sure the conversation gets nowhere and gets nothing done

if one question is answered, quickly divert to a different question
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Also, how am I changing the subject? The subject is *literally* how much taxes the wealthiest people pay.

The conversation has led to (as usual) you crying they don't pay enough.

So I ask once again, how much should they pay?
 
Well they do that already (please understand the question before dumbly answering).

Now give me a damn number, coward.
 
Just so everyone is on the same page. Note that this is on "taxable income" not total income... We all know the free loaders don't get taxed at all.

10% on taxable income from $0 to $8,925, plus
15% on taxable income over $8,925 to $36,250, plus
25% on taxable income over $36,250 to $87,850, plus
28% on taxable income over $87,850 to $183,250, plus
33% on taxable income over $183,250 to $398,350, plus
35% on taxable income over $398,350 to $400,000, plus
39.6% on taxable income over $400,000.

So goldy, what should those numbers read before you're happy.
 
thethe said:
I dont' get it. So those that make more money should pay more than is already paid and the people that don't make money should get what....more refunds?
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The public seems to think so. That's what the polling data says, even a majority of people making six-figure incomes say that the top marginal rates should be higher. It's been the public consensus for years, and that consensus was reflected in US tax policy, too, for the most part. The best PR that money can buy, however, has had some success at chipping away at both public perception and government policy. Actually, that's an understatement. It has essentially purchased one political party, and at least rented the other.

I agree that the government spends unwisely—the Iraq War being the best recent example, or Bush's Medicare Part D plan, or some of the truly rotten things Obama did to get the insurance companies and the AMA on board with the ACA. But, yes, I think we absolutely should tax the rich more. I think we ought to have real family leave; I want better access to affordable higher ed. I want more and better subsidized housing. I want single-payer HC. You know what, though? I'm a capitalist. Shoot, I run a small business. But these are things that I think make for a better society, and they are things that a Club For Growth tax regime is just not going to deliver. So, given the choice between doing this on the backs of the upwardly-striving middle class or the investor class, I know which I'd prefer.

Warren Buffett was absolutely right when he said that class warfare exists, and that his class has won.

Sturg, quit trying to make me feel sorry for the super-wealthy. Quit demonizing the poor, the unemployed, or senior citizens. Show me how giving even more favorable tax accommodations to the very rich will lead to meaningful economic growth and widespread prosperity.
 
Julio3000 said:
The public seems to think so. That's what the polling data says, even a majority of people making six-figure incomes say that the top marginal rates should be higher. It's been the public consensus for years, and that consensus was reflected in US tax policy, too, for the most part. The best PR that money can buy, however, has had some success at chipping away at both public perception and government policy. Actually, that's an understatement. It has essentially purchased one political party, and at least rented the other.

I agree that the government spends unwisely—the Iraq War being the best recent example, or Bush's Medicare Part D plan, or some of the truly rotten things Obama did to get the insurance companies and the AMA on board with the ACA. But, yes, I think we absolutely should tax the rich more. I think we ought to have real family leave; I want better access to affordable higher ed. I want more and better subsidized housing. I want single-payer HC. You know what, though? I'm a capitalist. Shoot, I run a small business. But these are things that I think make for a better society, and they are things that a Club For Growth tax regime is just not going to deliver. So, given the choice between doing this on the backs of the upwardly-striving middle class or the investor class, I know which I'd prefer.

Warren Buffett was absolutely right when he said that class warfare exists, and that his class has won.

Sturg, quit trying to make me feel sorry for the super-wealthy. Quit demonizing the poor, the unemployed, or senior citizens. Show me how giving even more favorable tax accommodations to the very rich will lead to meaningful economic growth and widespread prosperity.
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The public thinks so because the majority of them are not talking about their own money.

Everyone was all upset about the Bush tax cuts, but yet, when they were set to expire, the middle class up roared that they were about to get a tax increase. Surprise surprise, people want to keep their own money, and they want the government to take from others. How noble.

You know what I want. I want EVERYONE to pay a zero percent personal income tax. It's not necessary to run a sensible government. But no, we have to subsidize, invade, insure, and take over everything - and yes, that needs money. But I look at our economy as the government has gotten more involved and it has done nothing but float thanks to a huge flux of cash from the Fed.
 
sturg33 said:
Just so everyone is on the same page. Note that this is on "taxable income" not total income... We all know the free loaders don't get taxed at all.

10% on taxable income from $0 to $8,925, plus
15% on taxable income over $8,925 to $36,250, plus
25% on taxable income over $36,250 to $87,850, plus
28% on taxable income over $87,850 to $183,250, plus
33% on taxable income over $183,250 to $398,350, plus
35% on taxable income over $398,350 to $400,000, plus
39.6% on taxable income over $400,000.

So goldy, what should those numbers read before you're happy.
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i would change the categories and the %s that go with them

i wouldn't start the top bracket at 400k
 
sturg33 said:
The public thinks so because the majority of them are not talking about their own money.

Everyone was all upset about the Bush tax cuts, but yet, when they were set to expire, the middle class up roared that they were about to get a tax increase. Surprise surprise, people want to keep their own money, and they want the government to take from others. How noble.

You know what I want. I want EVERYONE to pay a zero percent personal income tax. It's not necessary to run a sensible government. But no, we have to subsidize, invade, insure, and take over everything - and yes, that needs money. But I look at our economy as the government has gotten more involved and it has done nothing but float thanks to a huge flux of cash from the Fed.
Click to expand...

Thumbnail for me how America runs without an income tax.
 
sturg33 said:
The public thinks so because the majority of them are not talking about their own money.

Everyone was all upset about the Bush tax cuts, but yet, when they were set to expire, the middle class up roared that they were about to get a tax increase. Surprise surprise, people want to keep their own money, and they want the government to take from others. How noble.

You know what I want. I want EVERYONE to pay a zero percent personal income tax. It's not necessary to run a sensible government. But no, we have to subsidize, invade, insure, and take over everything - and yes, that needs money. But I look at our economy as the government has gotten more involved and it has done nothing but float thanks to a huge flux of cash from the Fed.
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Perhaps. You want the government to take from others, too. I'd prefer to see them taking from people who can afford it.

Oddly enough, Americans have been historically resistant to the idea of being governed by a hereditary aristocracy.
 
Julio3000 said:
Thumbnail for me how America runs without an income tax.
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I already mentioned earlier... simply using the 2006 federal budget (we're talking about just 7 years ago, while 2 massive wars were happening)... we could have a 0% personal income tax and not have a single more dollar of debt than we are taking on in 2013
 
sturg33 said:
Sure... but sales taxes and excise taxes are mostly choice driven. If I want to avoid paying a lot of them, I can find ways to do so.

No escaping the fed. Which is highly progressive.
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Yeah like you can choose not to eat or wear clothes Or fix your house. So true.
 
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