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originally posted by: FyreByrd
originally posted by: queenofswords
Sooo glad to hear about this repeal. I see absolutely nothing wrong with accumulation of generational wealth.
That is a very un-american position to take - just where did you pick it up? On TV perhaps.
originally posted by: queenofswords
How is it screwing the poor when 70% of all federal income taxes is paid by those earning over $200,000 annually.
originally posted by: beezzer
a reply to: Aloysius the Gaul
Calling me an asshole because I refuse to participate in your class warfare meme is, sadly, what I've come to expect here.
Buried inside a Congressional Budget Office report this week was this nugget: when it comes to individual income taxes, the top 40 percent of wage earners in America pay 106 percent of the taxes. The bottom 40 percent...pay negative 9 percent. You read that right.
One group is paying more than 100 percent of individual income taxes, the other is paying less than zero. It's right there in Table 3 on page 13 of the report. The numbers are based on 2010 IRS and Census Bureau figures.
When it comes to federal taxes,the top bracket paid 69 percent of the total last year. The bottom bracket paid 0.4 percent.
It does not look to be getting better. The CBO said that since 2010, new taxes have been added which will raise rates for everyone, with the biggest increase hitting the 1-percenters. They could end up with their highest federal tax rate since 1997 this year.
originally posted by: queenofswords
a reply to: intrepid
The top 1 percent of taxpayers pay more in federal income taxes than the bottom 90 percent.
originally posted by: beezzer
a reply to: Willtell
Would you donate to a charity that only spend 10 cents for every dollar you gave, towards what it was supposed to?
When fascism comes to America, it will come wrapped in a flag and waving a cross
“The obvious types of American fascists are dealt with on the air and in the press. These demagogues and stooges are fronts for others. Dangerous as these people may be, they are not so significant as thousands of other people who have never been mentioned.
The American fascist would prefer not to use violence. His method is to poison the channels of public information.
With a fascist the problem is never how best to present the truth to the public but how best to use the news to deceive the public into giving the fascist and his group more money or more power.”
― Henry A. Wallace
originally posted by: FyreByrd
The entire point of government is to provide services that are not and cannot be profitable. And when greedly individuals try to profit off traditional governmental functions (i.e., education - with standardized tests and teaching...) ... well, you see what happens.
If you are implying that government is inefficient; I counter that it is, in many areas, consideribly more efficient then private enterprises. The exception being where the government has been coerced into 'out-sourcing' services.
originally posted by: intrepid
originally posted by: queenofswords
a reply to: intrepid
The top 1 percent of taxpayers pay more in federal income taxes than the bottom 90 percent.
Not what your source said. It equated upper middle class in there. It said top 40%. Like I said, nice way to skew the numbers.
originally posted by: beezzer
originally posted by: FyreByrd
The entire point of government is to provide services that are not and cannot be profitable. And when greedly individuals try to profit off traditional governmental functions (i.e., education - with standardized tests and teaching...) ... well, you see what happens.
You wrote a nice post. Not that I agreed with it, but it was well written.
there are many things that you said that I disagreed with.
First and foremost was the above. Government cannot "profit" but it can grow. And it's growth is predicated on the needs of those it serves. So government (in order to be successful), cannot profit, but it can grow. And in order to do that, it must create an environment where it is not only able to grow, but is encouraged to grow.
I honestly do not believe that the founding fathers had that in mind.
The taxes that it takes in are used to also create the environment where it can and is encouraged to grow.
So it will also create any and every situation where taxes are encouraged and any talk of lower taxes met with resistance.
originally posted by: seeker1963
a reply to: FyreByrd
If you are implying that government is inefficient; I counter that it is, in many areas, consideribly more efficient then private enterprises. The exception being where the government has been coerced into 'out-sourcing' services.
A business in the private sector that cannot keep it's head above water, ie generate a profit goes out of business! The government however, who can't keep it's head above water, raises taxes?
Comparing the public sector, ie government, to the private sector is pointless. The private sector doesn't create laws or collect taxes, the government does!
I love the no tax people when they complain of the horrible service they get from government agencies that cannot afford the employees necessary to effectly service their constituients.
originally posted by: FyreByrd
originally posted by: seeker1963
a reply to: FyreByrd
If you are implying that government is inefficient; I counter that it is, in many areas, consideribly more efficient then private enterprises. The exception being where the government has been coerced into 'out-sourcing' services.
A business in the private sector that cannot keep it's head above water, ie generate a profit goes out of business! The government however, who can't keep it's head above water, raises taxes?
Comparing the public sector, ie government, to the private sector is pointless. The private sector doesn't create laws or collect taxes, the government does!
Because government is our, I repeat our collective means of providing services to ourselves and others. Taxes, when equitable, are of benefit to all members of our society.
Who writes legislation, big business. Who is writing the TPP, big business.
You've bought the party line. I'm sorry.
originally posted by: intrepid
a reply to: beezzer
I think the point is that it IS a tax break....only for the wealthy.