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.
Originally posted by bjax9er
Originally posted by interupt42
reply to post by bjax9er
You are looking at all wrong and the way they wan't to see it. You need to look at income to tax ratio not cumulative amounts.
He paid $200K but is worth almost 300 million.
I don't care how much money he has or how much he makes but he should at MINIMUM have to pay the same tax ratio that the middle class has to Pay as well.
i think you are looking at it all wrong, and the way the left wants you to see it.
a heavy progressive income tax, is how they (the left) pit the rich against the poor. class warfare.
this heavy progressive income tax is the second plank of communism.
remember there were no income taxes before 1913.
10 planks of communism
Originally posted by Grimpachi
A hundred years ago is not a time I think we should aspire to return to.
Originally posted by bjax9er
Originally posted by BubbaJoe
Capital gains, dividends, and interest are not considered earned income, so there fore no taxes under the Ryan plan, however, if you actually have to work for a living, unlike Romney, you will pay 15 - 35%. Yeah sounds fair to me.
under the ryan plan it's 10% or 25%
Originally posted by timetothink
reply to post by jacobe001
Romney didn't work a job, he had no INCOME tax to pay....that is the point most of you are missing.....if taxes are dropped from investments it would be for everyone...not just the rich....that is FAIR.
Originally posted by bjax9er
reply to post by BubbaJoe
i'am not rich.
but if i become rich, i don't want to pay 75%
whats the point of working if the government steals 75% of my labor?
The retirement myth – 1 out of 3 Americans has no savings or retirement account. Half of Americans have $2,000 or less in their retirement account. 401k new name for Wall Street grease.
Middle class Americans are witnessing the conversion of their retirement accounts into gambling pots used by Wall Street. The metamorphosis of Wall Street into one giant fraud ridden center moved by investment banking funds has slowly occurred over the last four decades. Average Americans have sat back over these years since they were given enough hope that they too, by investing in Wall Street managed funds can also become a multi-millionaire if they just try hard enough. Yet this was all one giant ruse and direct challenge to the middle class to basically allow a bunch of financial predators to siphon off any productive value from the economy.
Originally posted by timetothink
reply to post by jacobe001
Romney didn't work a job, he had no INCOME tax to pay....that is the point most of you are missing.....if taxes are dropped from investments it would be for everyone...not just the rich....that is FAIR.
Originally posted by sensfan
Originally posted by bjax9er
reply to post by BubbaJoe
i'am not rich.
but if i become rich, i don't want to pay 75%
whats the point of working if the government steals 75% of my labor?
Where are you coming up with a 75% tax percentage? There should be a flat tax for everyone. No matter what you make, you all pay the same percentage, no matter where you HIDE your money.
Originally posted by bjax9er
reply to post by BubbaJoe
i'am not rich.
but if i become rich, i don't want to pay 75%
whats the point of working if the government steals 75% of my labor?
Originally posted by jacobe001
How ironic is this?
You complain about the government taking your money, but yet you have no problems with government criminal Romney asking for mine, while he pays almost 0%?
Originally posted by bjax9er
reply to post by BubbaJoe
i'am not rich.
but if i become rich, i don't want to pay 75%
whats the point of working if the government steals 75% of my labor?
Originally posted by bjax9er
Originally posted by Grimpachi
A hundred years ago is not a time I think we should aspire to return to.
why not a hundred years ago i got to keep the fruits of my labor.
Many companies have no loyalty to any worker. Over the decades Wall Street has brainwashed the public into believing that companies can do whatever they want to employees because Wall Street is just a “free market” where goods can travel where they want. But as we are now realizing, Wall Street is simply one selective syndicate that decides to transfer wealth to the top 1 percent of our country with really no work involved. It is manipulation and stealing of the productivity of the working economy.
The 401k was used with sophisticated charts put together by large investment firms showing Americans that if they only put away 5, 10, or even 15 percent of their income into the stock market through the magic of compounding, they too can retire rich just like their Wall Street idols. Of course, this has all been a sham and many middle class Americans are waking up. Over the last decade the stock market has done nothing but move sideways while miraculously, the banking sector has gotten bigger and bigger:
Originally posted by bjax9er
Originally posted by jacobe001
How ironic is this?
You complain about the government taking your money, but yet you have no problems with government criminal Romney asking for mine, while he pays almost 0%?
Originally posted by bjax9er
reply to post by BubbaJoe
i'am not rich.
but if i become rich, i don't want to pay 75%
whats the point of working if the government steals 75% of my labor?
umm no,
if i had it my way nobody would pay anything.
or
they would get to keep the fruits of their labor, instead of it being stolen by tyrants.
Originally posted by jacobe001
I left out the % sign.
If Romney the government politician is only going to pay 1%, then I think the whole country should follow the politicians lead and only pay 1% taxes.
I paid 17% of my income last year, while these crooks pay almost 0%.
Perhaps noone should pay taxes and we'll all be happy.