America’s wealthiest families smash income ceiling, middle-class left far behind

How's come those guys Jefferson and Madison didn't love them some corporations like you do rkm?

The Founding Fathers on regulating corporations.
1. “If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.”
— Thomas Jefferson, 1802 letter to Secretary of State Albert Gallatin.

2. “I hope that we shall crush in its birth the aristocracy of our monied corporations, which dare already to challenge our government to a trial of strength, and bid defiance to the laws of our country.”
— Thomas Jefferson.

3. “The power of all corporations ought to be limited, […] the growing wealth acquired by them never fails to be a source of abuses.”
— James Madison

“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation,

That is one of my favorite fake quotes.

Have you seen the one where Jefferson says GMOs are bad? LOL!

"And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."


"Bank-paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs."

Thomas Jefferson

Private Banks Quotation Thomas Jefferson s Monticello
 
How's come those guys Jefferson and Madison didn't love them some corporations like you do rkm?

The Founding Fathers on regulating corporations.
1. “If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.”
— Thomas Jefferson, 1802 letter to Secretary of State Albert Gallatin.

2. “I hope that we shall crush in its birth the aristocracy of our monied corporations, which dare already to challenge our government to a trial of strength, and bid defiance to the laws of our country.”
— Thomas Jefferson.

3. “The power of all corporations ought to be limited, […] the growing wealth acquired by them never fails to be a source of abuses.”
— James Madison

“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation,

That is one of my favorite fake quotes.

Have you seen the one where Jefferson says GMOs are bad? LOL!

"And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."


"Bank-paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs."

Thomas Jefferson

Private Banks Quotation Thomas Jefferson s Monticello

Then why do you support policies that give them ever more power?
 
I think politicians should wear their corporate sponsors on their suits. A list, a lot like a NASCAR driver show his sponsors, would go right down the sleeves of the suit and let EVERYONE know just what corporations the good Congress person is beholding to.

Don't you think we should know which corporations are buying our politicians rkm? That is why corporations are people too isn't it? So that the corporate money can flow into politicians coffers and they can get elected and re elected and do the corporations bidding. Right?

I mean why the fuck else would we be treating corporations like people?


That is why corporations are people too isn't it? So that the corporate money can flow into politicians coffers

That's awful!! Now corporations can do the same thing unions have been doing for decades.

Dummy doesn't know unions ARE corporations. I'm shocked. No really I am :badgrin:
 
How's come those guys Jefferson and Madison didn't love them some corporations like you do rkm?

The Founding Fathers on regulating corporations.
1. “If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.”
— Thomas Jefferson, 1802 letter to Secretary of State Albert Gallatin.

2. “I hope that we shall crush in its birth the aristocracy of our monied corporations, which dare already to challenge our government to a trial of strength, and bid defiance to the laws of our country.”
— Thomas Jefferson.

3. “The power of all corporations ought to be limited, […] the growing wealth acquired by them never fails to be a source of abuses.”
— James Madison

“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation,

That is one of my favorite fake quotes.

Have you seen the one where Jefferson says GMOs are bad? LOL!

"And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."


"Bank-paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs."

Thomas Jefferson

Private Banks Quotation Thomas Jefferson s Monticello

Then why do you support policies that give them ever more power?

Sure, THAT'S what liberals do *shaking head*

Which party wants to roll back consumer laws in favor of Banksters again?
 
Despite, or because of, the fallout from the 2007 Great Recession, annual earnings between the richest Americans and everybody else have exploded to record levels. Meanwhile middle- and lower-class wealth growth remains stagnant.
The median wealth for high-income families hit $639,400 last year, a whopping 7 percent jump from three years earlier and seven times greater than middle-class incomes, which stood at $96,500 according to Pew Research Center, citing data from the Federal Reserve.
Middle-class median wealth, which Pew defines as the difference between the value of a household’s total assets and debts, has not advanced since 2010.
The financial chasm now separating the rich and everybody else is the widest since the Fed began tracking earnings 30 years ago, which became even more pronounced following the 2008 global financial crisis.
America 8217 s wealth gap between middle-income and upper-income families is widest on record Pew Research Center
proxy.jpg

Wealth Gap between America s Rich and Middle-Class Families Widest on Record - Real Time Economics - WSJ
B5HKQctIcAIfWwE.png:large


IMO The American Dream was always a myth, but now it has turned into a nightmare for 47% of Americans. This robbing of the poor half of the population has been quite deliberate, by allowing unchecked immigration to obtain cheap labor and by off shoring of jobs to India and China. The Federal minimum wage has remained at $7.25 per hour since Obama took office, while the cost of living has increased substantially. There is no justification for this, since corporate profits have never been higher.

The answer is less taxes.

For the middle class!! NOT for the super rich 1%!!! We should make shifting their money away from taxes illegal. Anyone found doing it should go to prison.
 
If the rich aren't paying their fair share. I agree that we should raise it to a equal percentage with the non-rich. Only fair.

But the rich are paying a higher percentage than the non-rich.
Why would you lower what the rich pay?

The fortunate 400

400 tax returns reporting the highest incomes in 2009.

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.

another 110 families paid 15 percent or less in federal income taxes.
The fortunate 400 David Cay Johnston Reuters

The 400 richest Americans used to pay 30% of their income on the average to Uncle Sam(but 55% in 1955).


Overall, the top 400 paid an average income tax rate of 19.9 percent, the same rate paid by a single worker who made $110,000 in 2009. The top 400 earned five times that much every day.

Just 82 of the top 400 were taxed in accord with the Buffett rule, which proposes a minimum tax of 30 percent on annual incomes greater than $1 million.

From 1992 to 2007 the top 400 earners in the U.S. saw their income increase 392% and their average tax rate reduced by 37%

It s the Inequality Stupid Mother Jones


It's the Inequality, Stupid

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.

Do you feel they broke the law? Which law?

another 110 families paid 15 percent or less in federal income taxes.

Do you feel they broke the law? Which law?

Overall, the top 400 paid an average income tax rate of 19.9 percent

How much income did the 400 richest Americans actually earn?
 
How's come those guys Jefferson and Madison didn't love them some corporations like you do rkm?

The Founding Fathers on regulating corporations.
1. “If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.”
— Thomas Jefferson, 1802 letter to Secretary of State Albert Gallatin.

2. “I hope that we shall crush in its birth the aristocracy of our monied corporations, which dare already to challenge our government to a trial of strength, and bid defiance to the laws of our country.”
— Thomas Jefferson.

3. “The power of all corporations ought to be limited, […] the growing wealth acquired by them never fails to be a source of abuses.”
— James Madison

“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation,

That is one of my favorite fake quotes.

Have you seen the one where Jefferson says GMOs are bad? LOL!

"And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."


"Bank-paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs."

Thomas Jefferson

Private Banks Quotation Thomas Jefferson s Monticello

Then why do you support policies that give them ever more power?

Sure, THAT'S what liberals do *shaking head*

Which party wants to roll back consumer laws in favor of Banksters again?

The RepubloCrats.
 
I think politicians should wear their corporate sponsors on their suits. A list, a lot like a NASCAR driver show his sponsors, would go right down the sleeves of the suit and let EVERYONE know just what corporations the good Congress person is beholding to.

Don't you think we should know which corporations are buying our politicians rkm? That is why corporations are people too isn't it? So that the corporate money can flow into politicians coffers and they can get elected and re elected and do the corporations bidding. Right?

I mean why the fuck else would we be treating corporations like people?
We already do know who the political contributors are. Do you need a link?

The issue with CU was free speech, not political contributions to politicians. More particularly the issue was whether or not you loose your right to free speech when you join a group, like a union or corporation.

As for your corporations are people too... That's just some dumb ass political phrase drummed up by some dumb ass like you that think's it sounds cool to say. But the CU decision did not promote corporations to person-hood. That's just stupid.

"We already do know who the political contributors are. Do you need a link?"

As Dark Money Floods U.S. Elections, Regulators Turn a Blind Eye
http://www.newsweek.com/2014/10/10/...ections-regulators-turn-blind-eye-273951.html

The chart below illustrates how secret spending could accelerate in the final weeks of an election year. This cycle is not a presidential year, but with the US Senate up for grabs, dark-money spending could surpass the record-setting amount of 2012. "If the rate of spending from previous cycles continues," Maguire writes, "the totals could reach upwards of $730 million or—if the rate seen in the last midterm holds—edge close to $1 billion."

5 Signs the Dark-Money Apocalypse Is Upon Us Mother Jones


Koch-backed political network, built to shield donors, raised $400 million in 2012 elections


Koch-backed political network built to shield donors raised 400 million in 2012 elections - The Washington Post
 
If the rich aren't paying their fair share. I agree that we should raise it to a equal percentage with the non-rich. Only fair.

But the rich are paying a higher percentage than the non-rich.
Why would you lower what the rich pay?

The fortunate 400

400 tax returns reporting the highest incomes in 2009.

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.

another 110 families paid 15 percent or less in federal income taxes.
The fortunate 400 David Cay Johnston Reuters

The 400 richest Americans used to pay 30% of their income on the average to Uncle Sam(but 55% in 1955).


Overall, the top 400 paid an average income tax rate of 19.9 percent, the same rate paid by a single worker who made $110,000 in 2009. The top 400 earned five times that much every day.

Just 82 of the top 400 were taxed in accord with the Buffett rule, which proposes a minimum tax of 30 percent on annual incomes greater than $1 million.

From 1992 to 2007 the top 400 earners in the U.S. saw their income increase 392% and their average tax rate reduced by 37%

It s the Inequality Stupid Mother Jones


It's the Inequality, Stupid


ineqbubbles_040512.gif


Yep,

The 1% can afford to pay more. They use our roads, infrastructure and police so they certainly should.

We'd be better off with a larger middle class.
 
If the rich aren't paying their fair share. I agree that we should raise it to a equal percentage with the non-rich. Only fair.

But the rich are paying a higher percentage than the non-rich.
Why would you lower what the rich pay?

The fortunate 400

400 tax returns reporting the highest incomes in 2009.

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.

another 110 families paid 15 percent or less in federal income taxes.
The fortunate 400 David Cay Johnston Reuters

The 400 richest Americans used to pay 30% of their income on the average to Uncle Sam(but 55% in 1955).


Overall, the top 400 paid an average income tax rate of 19.9 percent, the same rate paid by a single worker who made $110,000 in 2009. The top 400 earned five times that much every day.

Just 82 of the top 400 were taxed in accord with the Buffett rule, which proposes a minimum tax of 30 percent on annual incomes greater than $1 million.

From 1992 to 2007 the top 400 earners in the U.S. saw their income increase 392% and their average tax rate reduced by 37%

It s the Inequality Stupid Mother Jones


It's the Inequality, Stupid

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.

Do you feel they broke the law? Which law?

another 110 families paid 15 percent or less in federal income taxes.

Do you feel they broke the law? Which law?

Overall, the top 400 paid an average income tax rate of 19.9 percent

How much income did the 400 richest Americans actually earn?

FORGOT YOUR ORIGINAL POSIT HUH?

LET ME HELP YOU BUBBA

"But the rich are paying a higher percentage than the non-rich.
Why would you lower what the rich pay?"
 
Despite, or because of, the fallout from the 2007 Great Recession, annual earnings between the richest Americans and everybody else have exploded to record levels. Meanwhile middle- and lower-class wealth growth remains stagnant.
The median wealth for high-income families hit $639,400 last year, a whopping 7 percent jump from three years earlier and seven times greater than middle-class incomes, which stood at $96,500 according to Pew Research Center, citing data from the Federal Reserve.
Middle-class median wealth, which Pew defines as the difference between the value of a household’s total assets and debts, has not advanced since 2010.
The financial chasm now separating the rich and everybody else is the widest since the Fed began tracking earnings 30 years ago, which became even more pronounced following the 2008 global financial crisis.
America 8217 s wealth gap between middle-income and upper-income families is widest on record Pew Research Center
proxy.jpg

Wealth Gap between America s Rich and Middle-Class Families Widest on Record - Real Time Economics - WSJ
B5HKQctIcAIfWwE.png:large


IMO The American Dream was always a myth, but now it has turned into a nightmare for 47% of Americans. This robbing of the poor half of the population has been quite deliberate, by allowing unchecked immigration to obtain cheap labor and by off shoring of jobs to India and China. The Federal minimum wage has remained at $7.25 per hour since Obama took office, while the cost of living has increased substantially. There is no justification for this, since corporate profits have never been higher.

The answer is less taxes.

For the middle class!! NOT for the super rich 1%!!! We should make shifting their money away from taxes illegal. Anyone found doing it should go to prison.

We should make shifting their money away from taxes illegal.

Can you explain what you mean by "shifting their money away from taxes "?
 
[
No such thing. Those corporate dollars are the owner's dollars. Same as union money is the union members money. Corporations are not people. A corporation is nor more a person than a classic car is a person.

Then why do they have more rights than you?
Who are "they?" I don't know anyone that has more rights than me.

Corporations.
Name one "right" granted to a Corporation that is unique to Corporations.

Hint, specifying that people don't give up their rights when they join a Corporation, does not mean Corporations enjoy rights that people don't enjoy. It simply means that a Corporation is just a legal name for a group of people and that the rights of the people can't be taken by this government just because they have decided to use a legal name for collective actions taken by the group of people.

"Name one "right" granted to a Corporation that is unique to Corporations."

The ability not to go to jail for breaking laws?


Our Hidden History of Corporations in the United States

When American colonists declared independence from England in 1776, they also freed themselves from control by English corporations that extracted their wealth and dominated trade. After fighting a revolution to end this exploitation, our country’s founders retained a healthy fear of corporate power and wisely limited corporations exclusively to a business role. Corporations were forbidden from attempting to influence elections, public policy, and other realms of civic society.

Initially, the privilege of incorporation was granted selectively to enable activities that benefited the public, such as construction of roads or canals. Enabling shareholders to profit was seen as a means to that end. The states also imposed conditions (some of which remain on the books, though unused) like these*:

  • Corporate charters (licenses to exist) were granted for a limited time and could be revoked promptly for violating laws.
  • Corporations could engage only in activities necessary to fulfill their chartered purpose.
  • Corporations could not own stock in other corporations nor own any property that was not essential to fulfilling their chartered purpose.
  • Corporations were often terminated if they exceeded their authority or caused public harm.
  • Owners and managers were responsible for criminal acts committed on the job.
  • Corporations could not make any political or charitable contributions nor spend money to influence law-making

    Our Hidden History of Corporations in the United States
 
If the rich aren't paying their fair share. I agree that we should raise it to a equal percentage with the non-rich. Only fair.

But the rich are paying a higher percentage than the non-rich.
Why would you lower what the rich pay?

The fortunate 400

400 tax returns reporting the highest incomes in 2009.

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.

another 110 families paid 15 percent or less in federal income taxes.
The fortunate 400 David Cay Johnston Reuters

The 400 richest Americans used to pay 30% of their income on the average to Uncle Sam(but 55% in 1955).


Overall, the top 400 paid an average income tax rate of 19.9 percent, the same rate paid by a single worker who made $110,000 in 2009. The top 400 earned five times that much every day.

Just 82 of the top 400 were taxed in accord with the Buffett rule, which proposes a minimum tax of 30 percent on annual incomes greater than $1 million.

From 1992 to 2007 the top 400 earners in the U.S. saw their income increase 392% and their average tax rate reduced by 37%

It s the Inequality Stupid Mother Jones


It's the Inequality, Stupid

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.

Do you feel they broke the law? Which law?

another 110 families paid 15 percent or less in federal income taxes.

Do you feel they broke the law? Which law?

Overall, the top 400 paid an average income tax rate of 19.9 percent

How much income did the 400 richest Americans actually earn?

FORGOT YOUR ORIGINAL POSIT HUH?

LET ME HELP YOU BUBBA

"But the rich are paying a higher percentage than the non-rich.
Why would you lower what the rich pay?"

The rich are paying a higher percentage.

Pick any range of income.
$5,000,000-$10,000,000
$1,000,000-5,000,000
$500,000-$1,000,000
$100,000-$500,000
$50,000-$100,000

Do you really feel any of those lower ranges pays a higher percentage than any of those higher ranges? LOL!
 
Despite, or because of, the fallout from the 2007 Great Recession, annual earnings between the richest Americans and everybody else have exploded to record levels. Meanwhile middle- and lower-class wealth growth remains stagnant.
The median wealth for high-income families hit $639,400 last year, a whopping 7 percent jump from three years earlier and seven times greater than middle-class incomes, which stood at $96,500 according to Pew Research Center, citing data from the Federal Reserve.
Middle-class median wealth, which Pew defines as the difference between the value of a household’s total assets and debts, has not advanced since 2010.
The financial chasm now separating the rich and everybody else is the widest since the Fed began tracking earnings 30 years ago, which became even more pronounced following the 2008 global financial crisis.
America 8217 s wealth gap between middle-income and upper-income families is widest on record Pew Research Center
proxy.jpg

Wealth Gap between America s Rich and Middle-Class Families Widest on Record - Real Time Economics - WSJ
B5HKQctIcAIfWwE.png:large


IMO The American Dream was always a myth, but now it has turned into a nightmare for 47% of Americans. This robbing of the poor half of the population has been quite deliberate, by allowing unchecked immigration to obtain cheap labor and by off shoring of jobs to India and China. The Federal minimum wage has remained at $7.25 per hour since Obama took office, while the cost of living has increased substantially. There is no justification for this, since corporate profits have never been higher.

The answer is less taxes.

For the middle class!! NOT for the super rich 1%!!! We should make shifting their money away from taxes illegal. Anyone found doing it should go to prison.

We should make shifting their money away from taxes illegal.

Can you explain what you mean by "shifting their money away from taxes "?


To another country in order to avoid paying the taxes...
 
Despite, or because of, the fallout from the 2007 Great Recession, annual earnings between the richest Americans and everybody else have exploded to record levels. Meanwhile middle- and lower-class wealth growth remains stagnant.
The median wealth for high-income families hit $639,400 last year, a whopping 7 percent jump from three years earlier and seven times greater than middle-class incomes, which stood at $96,500 according to Pew Research Center, citing data from the Federal Reserve.
Middle-class median wealth, which Pew defines as the difference between the value of a household’s total assets and debts, has not advanced since 2010.
The financial chasm now separating the rich and everybody else is the widest since the Fed began tracking earnings 30 years ago, which became even more pronounced following the 2008 global financial crisis.
America 8217 s wealth gap between middle-income and upper-income families is widest on record Pew Research Center
proxy.jpg

Wealth Gap between America s Rich and Middle-Class Families Widest on Record - Real Time Economics - WSJ
B5HKQctIcAIfWwE.png:large


IMO The American Dream was always a myth, but now it has turned into a nightmare for 47% of Americans. This robbing of the poor half of the population has been quite deliberate, by allowing unchecked immigration to obtain cheap labor and by off shoring of jobs to India and China. The Federal minimum wage has remained at $7.25 per hour since Obama took office, while the cost of living has increased substantially. There is no justification for this, since corporate profits have never been higher.

The answer is less taxes.

For the middle class!! NOT for the super rich 1%!!! We should make shifting their money away from taxes illegal. Anyone found doing it should go to prison.

We should make shifting their money away from taxes illegal.

Can you explain what you mean by "shifting their money away from taxes "?


To another country in order to avoid paying the taxes...

That's already illegal.
 
Despite, or because of, the fallout from the 2007 Great Recession, annual earnings between the richest Americans and everybody else have exploded to record levels. Meanwhile middle- and lower-class wealth growth remains stagnant.
The median wealth for high-income families hit $639,400 last year, a whopping 7 percent jump from three years earlier and seven times greater than middle-class incomes, which stood at $96,500 according to Pew Research Center, citing data from the Federal Reserve.
Middle-class median wealth, which Pew defines as the difference between the value of a household’s total assets and debts, has not advanced since 2010.
The financial chasm now separating the rich and everybody else is the widest since the Fed began tracking earnings 30 years ago, which became even more pronounced following the 2008 global financial crisis.
America 8217 s wealth gap between middle-income and upper-income families is widest on record Pew Research Center
proxy.jpg

Wealth Gap between America s Rich and Middle-Class Families Widest on Record - Real Time Economics - WSJ
B5HKQctIcAIfWwE.png:large


IMO The American Dream was always a myth, but now it has turned into a nightmare for 47% of Americans. This robbing of the poor half of the population has been quite deliberate, by allowing unchecked immigration to obtain cheap labor and by off shoring of jobs to India and China. The Federal minimum wage has remained at $7.25 per hour since Obama took office, while the cost of living has increased substantially. There is no justification for this, since corporate profits have never been higher.

The answer is less taxes.

For the middle class!! NOT for the super rich 1%!!! We should make shifting their money away from taxes illegal. Anyone found doing it should go to prison.

We should make shifting their money away from taxes illegal.

Can you explain what you mean by "shifting their money away from taxes "?


To another country in order to avoid paying the taxes...

That's already illegal.


Liar. Never heard of inversion or double Irish huh? lol

The double Irish arrangement is a tax avoidance strategy that some multinational corporations use to lower their corporate tax liability. The strategy uses payments between related entities in a corporate structure to shift income from a higher-tax country to a lower-tax country. It relies on the fact that Irish tax law does not include US transfer pricing rules. Specifically, Ireland has territorial taxation, and hence does not levy taxes on income booked in subsidiaries of Irish companies that are outside the state.

Double Irish arrangement - Wikipedia the free encyclopedia
 
If the rich aren't paying their fair share. I agree that we should raise it to a equal percentage with the non-rich. Only fair.

But the rich are paying a higher percentage than the non-rich.
Why would you lower what the rich pay?

The fortunate 400

400 tax returns reporting the highest incomes in 2009.

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.

another 110 families paid 15 percent or less in federal income taxes.
The fortunate 400 David Cay Johnston Reuters

The 400 richest Americans used to pay 30% of their income on the average to Uncle Sam(but 55% in 1955).


Overall, the top 400 paid an average income tax rate of 19.9 percent, the same rate paid by a single worker who made $110,000 in 2009. The top 400 earned five times that much every day.

Just 82 of the top 400 were taxed in accord with the Buffett rule, which proposes a minimum tax of 30 percent on annual incomes greater than $1 million.

From 1992 to 2007 the top 400 earners in the U.S. saw their income increase 392% and their average tax rate reduced by 37%

It s the Inequality Stupid Mother Jones


It's the Inequality, Stupid

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.

Do you feel they broke the law? Which law?

another 110 families paid 15 percent or less in federal income taxes.

Do you feel they broke the law? Which law?

Overall, the top 400 paid an average income tax rate of 19.9 percent

How much income did the 400 richest Americans actually earn?

FORGOT YOUR ORIGINAL POSIT HUH?

LET ME HELP YOU BUBBA

"But the rich are paying a higher percentage than the non-rich.
Why would you lower what the rich pay?"

The rich are paying a higher percentage.

Pick any range of income.
$5,000,000-$10,000,000
$1,000,000-5,000,000
$500,000-$1,000,000
$100,000-$500,000
$50,000-$100,000

Do you really feel any of those lower ranges pays a higher percentage than any of those higher ranges? LOL!


"Do you really feel any of those lower ranges pays a higher percentage than any of those higher ranges? LOL!"

STILL dishonest AND stupid I see

Average Effective Income Tax Rates for Different Income Groups 2007


Top 5% $611,200 20.9%

Top 1% $1,873,000 20.6%

The top 1 and what they pay - Apr. 4 2014




From 1992 to 2007 the top 400 earners in the U.S. saw their income increase 392% and their average tax rate reduced by 37%

It s the Inequality Stupid Mother Jones


ssawges.png

 
The answer is less taxes.

For the middle class!! NOT for the super rich 1%!!! We should make shifting their money away from taxes illegal. Anyone found doing it should go to prison.

We should make shifting their money away from taxes illegal.

Can you explain what you mean by "shifting their money away from taxes "?


To another country in order to avoid paying the taxes...

That's already illegal.


Liar. Never heard of inversion or double Irish huh? lol

The double Irish arrangement is a tax avoidance strategy that some multinational corporations use to lower their corporate tax liability. The strategy uses payments between related entities in a corporate structure to shift income from a higher-tax country to a lower-tax country. It relies on the fact that Irish tax law does not include US transfer pricing rules. Specifically, Ireland has territorial taxation, and hence does not levy taxes on income booked in subsidiaries of Irish companies that are outside the state.

Double Irish arrangement - Wikipedia the free encyclopedia

Never heard of inversion or double Irish huh?

Great, I'll invert my personal taxes ASAP.

a tax avoidance strategy that some multinational corporations

Darn it, your excellent suggestion doesn't work for the 1%, only corporations.
 
But the rich are paying a higher percentage than the non-rich.
Why would you lower what the rich pay?

The fortunate 400

400 tax returns reporting the highest incomes in 2009.

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.

another 110 families paid 15 percent or less in federal income taxes.
The fortunate 400 David Cay Johnston Reuters

The 400 richest Americans used to pay 30% of their income on the average to Uncle Sam(but 55% in 1955).


Overall, the top 400 paid an average income tax rate of 19.9 percent, the same rate paid by a single worker who made $110,000 in 2009. The top 400 earned five times that much every day.

Just 82 of the top 400 were taxed in accord with the Buffett rule, which proposes a minimum tax of 30 percent on annual incomes greater than $1 million.

From 1992 to 2007 the top 400 earners in the U.S. saw their income increase 392% and their average tax rate reduced by 37%

It s the Inequality Stupid Mother Jones


It's the Inequality, Stupid

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.

Do you feel they broke the law? Which law?

another 110 families paid 15 percent or less in federal income taxes.

Do you feel they broke the law? Which law?

Overall, the top 400 paid an average income tax rate of 19.9 percent

How much income did the 400 richest Americans actually earn?

FORGOT YOUR ORIGINAL POSIT HUH?

LET ME HELP YOU BUBBA

"But the rich are paying a higher percentage than the non-rich.
Why would you lower what the rich pay?"

The rich are paying a higher percentage.

Pick any range of income.
$5,000,000-$10,000,000
$1,000,000-5,000,000
$500,000-$1,000,000
$100,000-$500,000
$50,000-$100,000

Do you really feel any of those lower ranges pays a higher percentage than any of those higher ranges? LOL!


"Do you really feel any of those lower ranges pays a higher percentage than any of those higher ranges? LOL!"

STILL dishonest AND stupid I see

Average Effective Income Tax Rates for Different Income Groups 2007


Top 5% $611,200 20.9%

Top 1% $1,873,000 20.6%

The top 1 and what they pay - Apr. 4 2014




From 1992 to 2007 the top 400 earners in the U.S. saw their income increase 392% and their average tax rate reduced by 37%

It s the Inequality Stupid Mother Jones


ssawges.png

Top 5% $611,200 20.9%

Top 1% $1,873,000 20.6%

Those aren't ranges. LOL!

"But the rich are paying a higher percentage than the non-rich.

Still true.
 
Yep,

The 1% can afford to pay more. They use our roads, infrastructure and police so they certainly should.

We'd be better off with a larger middle class.

Of course they can afford to pay more. Should they? I think not. They already are paying most of taxes.

To be correct, they use much less of our... eerrr their roads, infrastructure and police they average fella.

Also, just to mention...

Federal spending in 2000: $1.7 trillion
Federal spending in 2009: $3.6 trillion

Now tell me that throwing more money at the government is the solution.
 

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