Do you make less than 29,000 a year?............

  1. You have chosen to ignore posts from beKool. Show beKool's posts

    Do you make less than 29,000 a year?............

    The richest 400 taxpayers are taxed at a lower rate than a $29,000-a-year worker


    According to calculations by Whitehouse’s office -- which match our own -- when you include Social Security and Medicare taxes, the effective tax rate for the wealthiest 400 Americans would have been 16.72 percent in 2007; the tax rate for a worker earning $29,000 a year would have been 16.79 percent.

    In short, Whitehouse accurately reported the IRS's most recent summary of its top 400 tax filers, even if he incorrectly cited the year of the report.

    When we audited his suggestion that the super-rich pay a lower rate than someone making just $29,000, we concluded he's right if you include all payroll taxes, but off by about $40,000 if you only consider income tax, as the IRS report does.

    We rate his statement as Mostly True.

    Thats pay roll taxes.
     
  2. You have chosen to ignore posts from RevWright. Show RevWright's posts

    Re: Do you make less than 29,000 a year?............

    Lets punish those that work hard and create jobs.
    No good deed goes unpunished.

    It's sooo easy to paint the evil rich. Lets just take their money and give it to illegals and deadbeats. That will solve everything.
     
  3. You have chosen to ignore posts from whatnow4. Show whatnow4's posts

    Re: Do you make less than 29,000 a year?............

    charitable donations??????


    And yes, the wealthy don't pay social security on monies above $106,000.  The rationale is they don't get the benefits above that.

    Should they pay more?  Not if they don't get the benefit.  Remember it is supposed to fund your retirement, not your neighbors : )
     
  4. You have chosen to ignore posts from beKool. Show beKool's posts

    Re: Do you make less than 29,000 a year?............

    In Response to Re: Do you make less than 29,000 a year?............:
    charitable donations?????? And yes, the wealthy don't pay social security on monies above $106,000.  The rationale is they don't get the benefits above that. Should they pay more?  Not if they don't get the benefit.  Remember it is supposed to fund your retirement, not your neighbors : )
    Posted by whatnow4


    You know you are wrong . You dont fund your retirement on that tax you fund your parents as they funded theirs.

    So you agree then that the rich should pay less taxes than those that make 29,000 a year ? No surprise there boot licker.

     
    "The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness." -
     
  5. You have chosen to ignore posts from JustWords. Show JustWords's posts

    Re: Do you make less than 29,000 a year?............

    The distribution of wealth in this country is beginning to resemble third world nations.

    I don't know how we're going to fix this, but there's no question it's a problem.

    The purpose of an economic system should not be for the 'fittest' few to gobble up as much as they possibly can for themselves.  It's a dysfunctional way to run a country.  I don't see how anybody can look at the world they live in and think this is acceptable, desirable, or sustainable.

    There has to be some kind of limit how on how much of the pie one person can have.  Our system is hopelessly biased towards the haves. 

    It won't last forever.  
     
  6. You have chosen to ignore posts from whatnow4. Show whatnow4's posts

    Re: Do you make less than 29,000 a year?............

    betool, do away with charitable deductions and then you will be able to see a jump in taxes paid.

    Unfortunately most wealthy give way more in charitable donations than they owe in taxes. 

    And I am confident that those charities will not be happy with you when you remove the deductability.

    Typical far left loon, in capable of seeing the forest thru the trees.

    And yes, you pay for your own retirement thru social security taxes.  Yes I know its a ponzi, but that is not the idea. 

    Grow up.   
     
  7. You have chosen to ignore posts from BobinVa. Show BobinVa's posts

    Re: Do you make less than 29,000 a year?............

    "The distribution of wealth in this country is beginning to resemble third world nations."
    So you socialists just want to 're-distribute' it, correct?

    Here is a catchy slogan for you, feel free to use it:
     
    "From each according to his ability, to each according to his needs"
     
  8. You have chosen to ignore posts from ThinkSnow99. Show ThinkSnow99's posts

    Re: Do you make less than 29,000 a year?............

    Nonsense.  A billionare pays more taxes in a month, than the $29k guy pays in a lifetime.
     
  9. You have chosen to ignore posts from whatnow4. Show whatnow4's posts

    Re: Do you make less than 29,000 a year?............

    Thinksnow, not if he gives a million to the Red Cross.

    But far left loons like betool ignore the donations.  They would rather that billionaire forego the million dollar contribution to the red cross and give his $300,000 in taxes to the feds. 

    Again, he is not smart enough to understand that. 

    http://dailycaller.com/2010/02/01/white-house-budget-cut-to-charitable-deduction-alarms-philanthropists-and-non-profits/
     
  10. You have chosen to ignore posts from JustWords. Show JustWords's posts

    Re: Do you make less than 29,000 a year?............

    In Response to Re: Do you make less than 29,000 a year?............:
    "The distribution of wealth in this country is beginning to resemble third world nations." So you socialists just want to 're-distribute' it, correct? Here is a catchy slogan for you, feel free to use it:   "From each according to his ability, to each according to his needs"
    Posted by BobinVa



    Yes.  In some way shape or form, we need a system that rewards merit, but also puts limits on greed.  A balance can and must be struck.  There are measurable benefits, like in terms of social trust, crime rates, and more.  Vast gaps in equality is inhumane.

    I know that phrase is supposed to frighten people, but it's not anything to be ashamed of.  Maybe somebody as vitriloic as yourself will never see it, but it will become clear to the rest of the population soon enough that the American dream... is really just a dream after all.  And now, it's looking more like a nightmare. 

    But feel free to sink with the ship.  That has it's own quixotic nobility to it, I suppose.
     
  11. You have chosen to ignore posts from WIIN12AM. Show WIIN12AM's posts

    Re: Do you make less than 29,000 a year?............

    JustWords wrote:
    but also puts limits on greed. 


    Hahaha....and who is to say what the limit should be? And why is wanting to make as much as possible greedy? When you get job offers do you take what they offer or try to get as much as possible? Is that being greedy?
    Any thoughts on what the limit should be or are these just words???
     
  12. You have chosen to ignore posts from JustWords. Show JustWords's posts

    Re: Do you make less than 29,000 a year?............

    In Response to Re: Do you make less than 29,000 a year?............:
    JustWords wrote: but also puts limits on greed.  Hahaha....and who is to say what the limit should be?


    Who?  The people through their elected representitives.  That's who.



    And why is wanting to make as much as possible greedy?


    Are you really asking me to define greed for you, and explain why it's bad as the prime motivating force of a civilization?



    When you get job offers do you take what they offer or try to get as much as possible?


    I work for myself, so this doesn't apply.  But in terms of how I charge, I try to make my services available to people, and I'd consider myself a failure as a human being if I made maximizing profits my priority. 


    Any thoughts on what the limit should be or are these just words???
    Posted by WIIN12AM


    Probably some kind of percentage, or ratio type thing.  Some companies have like practices.  And it seems to do great things for employee morale/retention.  You know, stuff that's not in a stock portfolio, but makes life better for everybody. 
     
  13. You have chosen to ignore posts from BobinVa. Show BobinVa's posts

    Re: Do you make less than 29,000 a year?............

    "Vast gaps in equality is inhumane"

    What is really inhumane is lack of opportunity. 
    Instead of hating and envying the rich, if there were jobs and at least an opportunity to make a success on your own,  that should be the focus of those less fortunate. That is the American Dream. 
    The people who are "the rich" is changing, always...people make and lose fortunes. It is not a permanent class of people, that the key lie of the Leftist haters.  

    It is not good to sit on your butt, and hate others who by luck and ingenuity and hard work, made a fortune, made financial success. And wanting to steal their property.
    A government which does not respect private property rights, doesnt respect any rights and is by definition authoritarian.
     
  14. You have chosen to ignore posts from WIIN12AM. Show WIIN12AM's posts

    Re: Do you make less than 29,000 a year?............

    In Response to Re: Do you make less than 29,000 a year?............:

    Who?  The people through their elected representitives.  That's who


    So you want to rely on govt to tell you what limits should be put in place for how much one can make??? Wow

    ---------------------------------

    Are you really asking me to define greed for you, and explain why it's bad as the prime motivating force of a civilization?


    No I'm not asking you define it but you know that. How about actually answering the fcuking question?

    ---------------------------------

    Probably some kind of percentage, or ratio type thing.  Some companies have like practices.  And it seems to do great things for employee morale/retention.  You know, stuff that's not in a stock portfolio, but makes life better for everybody. 


    Limiting what one makes will make life better for everybody? LOL...on what planet?
     
  15. You have chosen to ignore posts from whatnow4. Show whatnow4's posts

    Re: Do you make less than 29,000 a year?............

    You do have to admit, leaders of companies used to be a bit more concerned with employee morale.

    They did not take 50 million dollar bonuses.  They were happy with 5 mil, and then paid out the rest to their employees.

    Fidelity was a great example of this.  $15,000 bonuses out of the blue becasue the company was doing well.

    Those days seem to be long gone.  Now the leaders take it all for themselves. 

    There was a time when leaders would be embarassed to give 3% raises to the workers and then take a 30 mil dollar bonus.
     
  16. You have chosen to ignore posts from JustWords. Show JustWords's posts

    Re: Do you make less than 29,000 a year?............

    We're not a particularly upwardly mobile society, Bob.  I mean, if you're suggesting that lack of opportunity is to blame for our state of affairs, are we not agreeing?  Other nations, who have adopted more socialistic approaches to their economy, in fact offer more 'opportunity', in that respect.  I can't quote studies off the cuff, but I recall inequality itself being linked as a limiting factor in this regard.  Also linked, of course, is education.

    Here.  Pardon the extreme bias of the source, but the article seems to be pretty decent, and it does reference studies you can accept or reject on their merits.

    http://www.huffingtonpost.com/2010/03/17/social-immobility-climbin_n_501788.html
     
  17. You have chosen to ignore posts from JustWords. Show JustWords's posts

    Re: Do you make less than 29,000 a year?............

    In Response to Re: Do you make less than 29,000 a year?............:
    How about actually answering the fcuking question?


    Gee, when you put it THAT way..

    No.


    I'm not fond of debating trolls or the mentally ill.  Equally unproductive.

    Respond like a grown up, and I might answer back.  Or don't.
     
  18. You have chosen to ignore posts from WIIN12AM. Show WIIN12AM's posts

    Re: Do you make less than 29,000 a year?............

    If you're not going to answer questions the FIRST TIME I ask then I'm all set with you
     
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  20. You have chosen to ignore posts from beKool. Show beKool's posts

    Re: Do you make less than 29,000 a year?............

    In Response to Re: Do you make less than 29,000 a year?............:
    TIME FOR A FLAT TAX THEN!!! GLAD BETOOL IS ON BOARD!!
    Posted by Newtster


    As long as the wealthy are making the rules you will not see a flat tax .
     
  21. You have chosen to ignore posts from beKool. Show beKool's posts

    Re: Do you make less than 29,000 a year?............

    My solution is tax ALL income after say $ 20,000 +/- on everyone . No deductions of any kind, no refunds of any kind . Thats Federal , State , and Local. All taxes collected go to security, roads, helping the old and disabled and the poor of the country and universal health care, safe water and air and food systems. No for profit hospitals , no for profit insurance companies and no for profit drug companies .  No aid to other countries except humanitarian, that means no weapons sales or give aways , no military bases either and no embassies. Country and its people first in all business matters , if your deal doesnt benefit the country and its people you cant sell your product in this country in any way shape or form .

    Any business that is caught ripping people/country off, or not taking proper safety measures , as well as not using a certain percentage of what they make on their employees are put out of business. You hire illegals there is no second chance your are done and all assets go to the fed, state and local governments on a equal cut to be applied to the welfare of the citizens be it roads, infrastructure , police whatever as long as it benefits the citizens. 

    That should be enough to pi%% you wingers off so i wil leave it at that .
     
  22. You have chosen to ignore posts from dazydo. Show dazydo's posts

    Re: Do you make less than 29,000 a year?............

    What's the point, Obama WILL raise taxes somehow, or force states to do his dirty work, probably the later. 

    My hope is, that the next round of Presidential Candidates has the go-nads to ride a flat-tax ticket, and really sell it to the public.

    Just might fly, Steve Forbes tried it, but he looked too much like a child-molester to get through the primaries.

    Then dingle-berries like betool will have to get a job, and stop living in mommy's basement.
     
  23. You have chosen to ignore posts from WIIN12AM. Show WIIN12AM's posts

    Re: Do you make less than 29,000 a year?............

    Think it's safe to say beKool makes less than 20K???
     
  24. You have chosen to ignore posts from beKool. Show beKool's posts

    Re: Do you make less than 29,000 a year?............

    In Response to Re: Do you make less than 29,000 a year?............:
    Think it's safe to say beKool makes less than 20K???
    Posted by WIIN12AM


    Wrong again nut job i am retired first of all and i assure you what i have coming in is more that you probably make in a year maybe two.


     
  25. You have chosen to ignore posts from beKool. Show beKool's posts

    Re: Do you make less than 29,000 a year?............

    In Response to Re: Do you make less than 29,000 a year?............:
    Which wingers? You really think lefties would support that? Suuuuuuuurrrrrrrreeeeeee
    Posted by GreginMeffa


    Didnt say anyone would i said its my idea not yours or anyone elses. Try to keep up juinor. IMO the playing field would be level for everyone that way . I think what scares people like you is you wouldnt have anyone to cry about .
     
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