It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
The IRS recently released preliminary data for 2008 which showed that taxpayers earning less than $100,000 collectively earned roughly half the Adjusted Gross Income (AGI) that year, but paid 25 percent of the income taxes. Meanwhile, taxpayers earning more than $250,000 paid close to half (46 percent) of the income taxes collected while they earned roughly a quarter of the total AGI.
Originally posted by SmArTbEaTz
Notice this word... "AMENDMENT" meaning it was added and not part of the original United States Constitution.
Originally posted by Gorman91
reply to post by inforeal
ah, Salon.
And you trust them? That's like trusting Fox News.
Originally posted by beezzer
Excuse me, but does anyone have the names of the GOP members that are voting for this? What are the members names? Who in the GOP said/is saying this?
In an Associated Press report on Monday, Rep. Jeb Hensarling (R-Texas) acknowledged it would be a "net positive" to let workers keep the specific tax break. But because the payroll tax isn't being made permanent -- and because its benefits are not being felt by employers as much as employees -- the GOP seems poised to oppose an extension.
Originally posted by romanmel
We are told by FOX News that we must not tax the rich because they won't hire any new employees if they have to pay more tax. This was the line used back several months ago when the Bush tax cuts on the rich was set to expire. Obama agreed to extend their tax cuts. So, how many jobs have been produced since then??? anyone... anyone...
Originally posted by romanmel
We are told by FOX News that we must not tax the rich because they won't hire any new employees if they have to pay more tax...
Originally posted by SaturnFX
Originally posted by romanmel
We are told by FOX News that we must not tax the rich because they won't hire any new employees if they have to pay more tax. This was the line used back several months ago when the Bush tax cuts on the rich was set to expire. Obama agreed to extend their tax cuts. So, how many jobs have been produced since then??? anyone... anyone...
Well, Jobs have been created...just over in China...gotta think globally as hedge fund style economics is a bit bigger than some trivial new country on the edge of the western world.
Actually yes, Republican Howard F. Beuller is on board.
Maybe I missed the post, maybe no-one knows, but WHAT republicans are stated as going for this? What republicans (is there a list?) are on record as saying that they are for this.
Names.
I would like names please.
Anyone?
Beuller?
Ferris Beuller?
"Part of the problem is today, only 53 percent pay any federal income tax at all; 47 percent pay nothing," said Bachmann. "We need to broaden the base so that everybody pays something, even if it's a dollar. Everyone should pay something, because we all benefit."
"Those who are not paying any taxes but are receiving benefits from the government because of their income status— there ought to be a reduction from the benefit they receive," Coats said. "Even if it's 10 bucks, or 15 bucks, we [need to say we] have deducted for your participation in helping to support our country's needs."
Conservatives have an argument: You can't, and shouldn't, balance the budget and pay for entitlements by continually raising taxes on the rich. Doing so, they say, is "class warfare." At the same time, however, they must contend with persistent support for the welfare state.