Biden says again, “the wealthy need to pay their fair share”

[Daryl Hunt]

What the hell does that mean? Is that actionable legislation?

Who is WEALTHY? What is their FAIR SHARE?

Millionaires living in California and New York pay nearly 60% of their earnings in taxes.

If thats not enough...what is enough?

Who is wealthy and what should they be taxed?

What Joe is saying is fucking meaningless drivel.

Except they don't pay 60%. The pay anywhere from 19 to zero.

How will Biden ever get the desired amount of taxes he will need?
MY opinion is he'll have to hit the middle and low income, and he's pretty much admitted that.

He hasn't admitted to that. But you are right. The Middle class is going to get hit as well as the rich. After Diamond Donnie the bill is s going to have to be paid.

 

[Nostra]

What the hell does that mean? Is that actionable legislation?

Who is WEALTHY? What is their FAIR SHARE?

Millionaires living in California and New York pay nearly 60% of their earnings in taxes.

If thats not enough...what is enough?

Who is wealthy and what should they be taxed?

What Joe is saying is fucking meaningless drivel.

Except they don't pay 60%. The pay anywhere from 19 to zero.

Before the Trump tax cuts, with all of the complaining none of the rich paid the maximum tax. They had all the tax breaks. And that includes the endless amounts of rich Progs who pontificate about how unfair the whole system is and demand to pay their fair share and more!

As the saying goes, if it's there, why not use it. But it shouldn't be there. The Taxable rates for the rich should be somewhere between 29 and 37% with NO loopholes. The Rich don't pay their fair share and haven't for the last 50 years. That means that the wealthiest 20% has paid little or no taxes while everyone else has paid the taxes. And we have gotten deeper and deeper into the hole.

You are simply an idiot, a liar, or both. I vote both.

Who Pays Income Taxes?

(pdf) It is a common refrain from some politicians that the rich are not paying their fair share of income taxes. This sentiment is echoed by findings from a Pew Research poll conducted last April, which indicated that a significant portion of respondents feel that wealthy individuals do not...

www.ntu.org

 

[ColonelAngus]

The top 1% of earners pay nearly 40% of all income tax.

Facts are a bitch.

 

[Daryl Hunt]

The top 1% of earners pay nearly 40% of all income tax.

Facts are a bitch.

Your figure is correct. But it's misleading. It's only part of the taxes collected. You left out the lions share called the Payroll Tax. And the Rich pay almost zero payroll tax.

This April 15, Don’t Fall for the Right’s Favorite Lie About Taxes

The actual taxes, by group, is paid by the Middle Class.

 

[Nostra]

The top 1% of earners pay nearly 40% of all income tax.

Facts are a bitch.

Your figure is correct. But it's misleading. It's only part of the taxes collected. You left out the lions share called the Payroll Tax. And the Rich pay almost zero payroll tax.

This April 15, Don’t Fall for the Right’s Favorite Lie About Taxes

The actual taxes, by group, is paid by the Middle Class.

Um, your graph shows the Top 20% pays almost 70% of the taxes you raving lunatic.

 

[basquebromance]

Biden has pledged he will only serve one term.

so in 4 years, he will end racism, end covid, enact the green new deal, end climate change, and pass medicare for all? HA! HA!

 

[Claudette]

What the hell does that mean? Is that actionable legislation?

Who is WEALTHY? What is their FAIR SHARE?

Millionaires living in California and New York pay nearly 60% of their earnings in taxes.

If thats not enough...what is enough?

Who is wealthy and what should they be taxed?

What Joe is saying is fucking meaningless drivel.

Except they don't pay 60%. The pay anywhere from 19 to zero.

Funny how the rich pay the vast
majority of income taxes without paying taxes.

How does that work?

Indeed they do. They pay 60% of all Fed taxes paid. I wonder who the lefty loons figure would pay those taxes if the Rich were gone?? I know. The middle class.

More horse shit brought to you by ignorant lefty loons.

 

[Claudette]

Biden has pledged he will only serve one term.

so in 4 years, he will end racism, end covid, enact the green new deal, end climate change, and pass medicare for all? HA! HA!

LOL I wonder if he would survive his one term??

 

[BluesLegend]

The Rich DON'T pay their fair share and it doesn't matter their partisan backing.

Really, what's a f'ing fair share then you mooching deadbeat? I pay umpteen times what the average taxpayer pays that's not a fair share for the same goddamn government services??

 

[TNHarley]

The 16th amendment is not even a real amendment. It was not ratified.
We shouldnt even be discussing this blatant abuse of power.

 

[ColonelAngus]

The top 1% of earners pay nearly 40% of all income tax.

Facts are a bitch.

Your figure is correct. But it's misleading. It's only part of the taxes collected. You left out the lions share called the Payroll Tax. And the Rich pay almost zero payroll tax.

This April 15, Don’t Fall for the Right’s Favorite Lie About Taxes

The actual taxes, by group, is paid by the Middle Class.

COME ON, MAN!

All payroll taxes are is taxes collected by an employer and paid directly to the IRS. Business owners do not pay payroll taxes. They pay self employment taxes and send them to the IRS once a quarter.

The amount of PAYROLL taxes one pays in meaningless. Utterly meaningless. What matters is how much total tax you pay compared to your income and what percentage people pay in income tax as part of the total.

Of course the middle class pay more payroll taxes....those are the employees. Most middle class income earners do not own businesses.

Stop posting about stuff you dont understand....please.

 

[Ray From Cleveland]

The top 1% of earners pay nearly 40% of all income tax.

Facts are a bitch.

Your figure is correct. But it's misleading. It's only part of the taxes collected. You left out the lions share called the Payroll Tax. And the Rich pay almost zero payroll tax.

This April 15, Don’t Fall for the Right’s Favorite Lie About Taxes

The actual taxes, by group, is paid by the Middle Class.

If you live the average life expectancy in the US, you get all those payroll taxes back. So it's really not a tax, it's more like a savings account.

You will get all the SS money you paid into SS and more. You will get all your Medicare taxes you paid, and much more. Your local taxes like city and state go for things you use every day like the highways, police and fire, street lights.......

Only income tax actually supports our federal government and bureaucracies--not payroll tax. Income tax pays all our federal politicians, supports the structures they work in, supports our military, all our social programs outside of SS, supports foreign aid, maintains federal land, supports our federal prisons........

Nearly half of our country pays nothing into income taxes. If the federal government cannot control their spending, then it's time to start taxing the people that have never paid into the system, not take more from the people who already are supporting nearly the entire system.

 

[Ray From Cleveland]

I see Democrats are blaming the 'rich' again. Do they have any new talking point that wasn't invented in 1972?

It's too bad the Forbes' flat tax was never adopted. That's the way to go.

What I think we need is a consumption tax in this country. The money will go strictly to our over spending and debt. People on the left love things like free college, paid time off, reparations, free medical care because they know they won't have to pay for it. If we all had to pay, you'd see how fast they'd realize nothing is free, and lose interest in having the federal government provide these things.

If you rob Peter to pay Paul, the Paul's of your society generally have no objections.

 

[Claudette]

The top 1% of earners pay nearly 40% of all income tax.

Facts are a bitch.

Your figure is correct. But it's misleading. It's only part of the taxes collected. You left out the lions share called the Payroll Tax. And the Rich pay almost zero payroll tax.

This April 15, Don’t Fall for the Right’s Favorite Lie About Taxes

The actual taxes, by group, is paid by the Middle Class.

If you live the average life expectancy in the US, you get all those payroll taxes back. So it's really not a tax, it's more like a savings account.

You will get all the SS money you paid into SS and more. You will get all your Medicare taxes you paid, and much more. Your local taxes like city and state go for things you use every day like the highways, police and fire, street lights.......

Only income tax actually supports our federal government and bureaucracies--not payroll tax. Income tax pays all our federal politicians, supports the structures they work in, supports our military, all our social programs outside of SS, supports foreign aid, maintains federal land, supports our federal prisons........

Nearly half of our country pays nothing into income taxes. If the federal government cannot control their spending, then it's time to start taxing the people that have never paid into the system, not take more from the people who already are supporting nearly the entire system.

You are 100% correct and Hunt obviously doesn't know what the hell he's talking about.

All he does is make himself look like the fool he is. What a moron.

 

[Ray From Cleveland]

The top 1% of earners pay nearly 40% of all income tax.

Facts are a bitch.

Your figure is correct. But it's misleading. It's only part of the taxes collected. You left out the lions share called the Payroll Tax. And the Rich pay almost zero payroll tax.

This April 15, Don’t Fall for the Right’s Favorite Lie About Taxes

The actual taxes, by group, is paid by the Middle Class.

If you live the average life expectancy in the US, you get all those payroll taxes back. So it's really not a tax, it's more like a savings account.

You will get all the SS money you paid into SS and more. You will get all your Medicare taxes you paid, and much more. Your local taxes like city and state go for things you use every day like the highways, police and fire, street lights.......

Only income tax actually supports our federal government and bureaucracies--not payroll tax. Income tax pays all our federal politicians, supports the structures they work in, supports our military, all our social programs outside of SS, supports foreign aid, maintains federal land, supports our federal prisons........

Nearly half of our country pays nothing into income taxes. If the federal government cannot control their spending, then it's time to start taxing the people that have never paid into the system, not take more from the people who already are supporting nearly the entire system.

You are 100% correct and Hunt obviously doesn't know what the hell he's talking about.

All he does is make himself look like the fool he is. What a moron.

It's a ridiculous concept. Somebody always has more than you do, and you have more than other people. But if that's what Dayrl believes, then why stop at money?

If Dayrl has ten beautiful bushes in front of his house, would it not be fair if the federal government came along, and take half of his beautiful bushes to give to a person down the street that has no bushes? Of if Dayrl has four big screen televisions in his home, would it not be proper to take two of his big screens and give them to people that have no big screens in their home?

If the income tax rate were 0%, the federal government would collect 0 dollars. If the income tax rate were 100%, the federal government would still collect 0 dollars because who would be stupid enough to create wealth?

 

[Claudette]

The top 1% of earners pay nearly 40% of all income tax.

Facts are a bitch.

Your figure is correct. But it's misleading. It's only part of the taxes collected. You left out the lions share called the Payroll Tax. And the Rich pay almost zero payroll tax.

This April 15, Don’t Fall for the Right’s Favorite Lie About Taxes

The actual taxes, by group, is paid by the Middle Class.

If you live the average life expectancy in the US, you get all those payroll taxes back. So it's really not a tax, it's more like a savings account.

You will get all the SS money you paid into SS and more. You will get all your Medicare taxes you paid, and much more. Your local taxes like city and state go for things you use every day like the highways, police and fire, street lights.......

Only income tax actually supports our federal government and bureaucracies--not payroll tax. Income tax pays all our federal politicians, supports the structures they work in, supports our military, all our social programs outside of SS, supports foreign aid, maintains federal land, supports our federal prisons........

Nearly half of our country pays nothing into income taxes. If the federal government cannot control their spending, then it's time to start taxing the people that have never paid into the system, not take more from the people who already are supporting nearly the entire system.

You are 100% correct and Hunt obviously doesn't know what the hell he's talking about.

All he does is make himself look like the fool he is. What a moron.

It's a ridiculous concept. Somebody always has more than you do, and you have more than other people. But if that's what Dayrl believes, then why stop at money?

If Dayrl has ten beautiful bushes in front of his house, would it not be fair if the federal government came along, and take half of his beautiful bushes to give to a person down the street that has no bushes? Of if Dayrl has four big screen televisions in his home, would it not be proper to take two of his big screens and give them to people that have no big screens in their home?

If the income tax rate were 0%, the federal government would collect 0 dollars. If the income tax rate were 100%, the federal government would still collect 0 dollars because who would be stupid enough to create wealth?

Just from reading what he wrote you know he never researched a thing. All he did was make himself look like the fool he is.

 

[BluesLegend]

I see Democrats are blaming the 'rich' again. Do they have any new talking point that wasn't invented in 1972?

It's too bad the Forbes' flat tax was never adopted. That's the way to go.

What I think we need is a consumption tax in this country. The money will go strictly to our over spending and debt. People on the left love things like free college, paid time off, reparations, free medical care because they know they won't have to pay for it. If we all had to pay, you'd see how fast they'd realize nothing is free, and lose interest in having the federal government provide these things.

If you rob Peter to pay Paul, the Paul's of your society generally have no objections.

It won't work because it doesn't address the underlying problem. No amount of tax revenue will stop these stupid shits in Washington from spending every last dime and continuing to borrow and spend more on top of that. And I have seen that 'dedicated to...' BS pulled at the state level. Oregon promised to dedicate lottery revenue to schools, which they did. Then they took all the money for schools that had been in the general budget and spent that on other crap. Hence the lottery revenue was a net new increase in overall taxation and spending, shocker.

 

[jc456]

I want them to define 'Fair Share'. Why won't they? isn't he a rich mother fker? So he wants to pay more? Then why isn't he? Don't we have any journalism any more.

 

[ColonelAngus]

Come on, Liberals.

Define “THE WEALTHY” and define their “FAIR SHARE”.

Biden said it. You guys are voting for him. Explain it to us in specific detail.

 

[Ken Mac]

The top 1% of earners pay nearly 40% of all income tax.

Facts are a bitch.

Your figure is correct. But it's misleading. It's only part of the taxes collected. You left out the lions share called the Payroll Tax. And the Rich pay almost zero payroll tax.

This April 15, Don’t Fall for the Right’s Favorite Lie About Taxes

The actual taxes, by group, is paid by the Middle Class.

You don't even know how to read a chart. Who would listen to you?