Originally posted by SKMDC1
Last month Obama and McCain's tax plans were compared and analyzed by the non-partisan Tax Policy Center. Everyone discussing the two tax plans should consider this required reading:

Look, at least be honest about what you are posting because being dishonest or disingenuous in your first sentence greatly reduces the legitimacy of your remaining post.

To say that the Tax Policy Center is non-partisan is laughable. It's a leftist organization. The Tax Policy Center is a joint venture of the Urban Institute and Brookings Institution both of which are leftists with a liberal agenda. It's fine if you wanted to post this biased report but you should have been honest from the beginning.

Now to the report itself. The one sentence which really stuck out for me was this one:

The Obama tax plan would make the tax system significantly more progressive by providing large tax breaks to those at the bottom of the income scale and raising taxes significantly on upper-income earners. The McCain tax plan would make the tax system more regressive

Large tax breaks for the poor??
In 2003, the bottom quintile paid an effective income tax of –5.9 percent of their income and that the second-lowest quintile paid an effective income tax of –1.1 percent. Their income tax burden was negative, meaning that they actu­ally received a subsidy from Washington on April 15.

The data clearly show that the tax burden is shifting annually up the income scale while spend­ing continues to move down the scale. In other words, the people with the highest incomes are paying more of the tax burden while the poor are receiving more of the spending. Yet the mispercep­tion that the federal government is doing the oppo­site persists.

How much is enough??
The top 50% of income earners pay 97% of all income taxes.
The top 25% of income earners pay 86% of all income taxes.
The top 1% of income earners pay 39% of all income taxes.

I mean damn, how much more are you going to steal from them. How about getting rid of some useless government social programs and reduce the tax burden.
When will it stop. The top 50% pay 97% of all income taxes!!!
How much more do you want people to pay? Do you want the top 50% to pay 100% of the tax rate?



[edit on 7-7-2008 by WhatTheory]

Originally posted by WhatTheory
How much is enough??

Again... The ONLY fair tax is a flat tax. Everyone pays the same percentage. Those who earn more aren't penalized for being industrious and those who earn less aren't rewarded for not earning as much.

Originally posted by Andrew E. Wiggin
This policy is also called "the rich get richer, the poor get poorer"

Only by those who are jealous of other people who manage to make more money then they do.

The fact is that this is the ONLY fair way to tax people. One flat percentage no matter how much or how little a person makes. Everyone pays their fair share WITHOUT penalizing the productive or rewarding the unproductive.

Originally posted by FlyersFan
One flat percentage no matter how much or how little a person makes. Everyone pays their fair share WITHOUT penalizing the productive or rewarding the unproductive.

AKA an elite'ist mindset


The fact is

you cant have "unproductive" without having "productive"

so should someone be penalized simply because they dont make 100,000,000 a year?

they should be told "sorry, but we're taking 30% of your income, which is essentially nothing to begin with, because we dont want you to buy your kids something for christmas, or fill your car with gas. Save up and buy a bike, hippy"


Yeah.....thats a great way of looking at the problems we face in america

That is a reason yes. But you have to look into the bigger issue of devaluated currency. It's simple, when your currency is much less than it once was, it buys LESS. Just look at a graph, of prices of oil, and our currency value. When the currency goes down, the price of oil goes up, because our dollar buys LESS. It's really THAT simple. Do you really have any idea of how our government and economy works?


Oh and you haven't replied about the Supreme Court case I gave you regarding income tax.



[edit on 7-7-2008 by Slazer]

[edit on 7-7-2008 by Slazer]

Did I ever call you a Liberal, no. Me myself, I'm not even party affiliated, I don't agree with having parties. But if I had to, I guess I would lean to more Libertarian if anything.

Okay, here's regarding the issue you said. Prices raise just because people want more money. I'm not going to go in depth, but read into how a free market works. But, the truth is, if a price for something gets TOO high to where people won't pay for it, then that company won't make any money, therefore, they will go under.

[edit on 7-7-2008 by Slazer]

again, even if I agreed upon the idea of Income Tax. What gives YOU the right to take money from someone else JUST because they make more than you. I sound like an elitist? You sound like a thief.

Oh and 30 percent of 100 million is 30 million dollars. That's A LOT of money to anybody. And if someone made that perfectly legal, what right does the government have to take that much money from him? It does not matter if he'll still be fine without that money, it's the fact that he earned that money and does not deserve for ANYBODY to just take it away.



[edit on 7-7-2008 by Slazer]

There is NOTHING wrong with paying legal taxes, like corporation, sales, gasoline, tobacco, and property tax. IT'S THE INCOME TAX I AM TALKING ABOUT HERE. And with legal taxes, everyone should pay the same. So get outta here about fairness, LIFE IS NOT FAIR. And like I said before, I only make 35000 a year. So how am I AN ELITIST???

I'm just gonna say one last thing, it's funny how you think that I'm avoiding the issues when I am REALLY talking about the issues. I just don't think you really understand how fiscal and monetary policy affects things in our economy. It sound to me like you just try to talk about the "social" issues while being totally ignorant about the actual policies in our government.

Originally posted by SKMDC1
It's been a long time since I've seen someone be as wrong as this in public.

You are entitled to your wrong opinion but the fact remains that it is a liberal biased organization.

The Brookings Institute and the Tax Policy Center are not affiliated with any party

I guess you are reading what you want to see because I did not say they were affiliated with any specific party. You do realize that you don't have to be affiliated with a specific party in order to have a bias right?

If you choose to believe an alternate reality then that is your decision to be willfully ignorant, but do not try to convince others to jump off the same cliff of blindness that you choose to dive from.
From the Wiki:

Media descriptions of Brookings range from liberal to centrist...

Oh well, if Wiki says so it must be true.
Sorry that you are ignorant of the facts which are plainly obvious. Try thinking for yourself instead of letting Wiki or some other liberal group tell what to believe.

Certainly sounds like "leftist organization" to me.

Good, I'm glad we agree.