Can someone making $1 million a year afford a 5.87% tax increase?

[iMac]

This 'mean rich people' paid 3% effective last year. Good News! For 2013, I'll make 5M more and pay less effective! Pretty sweet deal!

The IRS accepts donations from guilt ridden libs with too much money.

 

[OnePercenter]

The real question: Should people making $1M/year pay the same effective tax rate as people making less than $1M?

That is the right question. Folks are going to disagree on the right answer.

That's the question the scum bag democrats want answered.

It's your belief that the rich deserve a break cause we're better than you?

 

[OnePercenter]

The real question: Should people making $1M/year pay the same effective tax rate as people making less than $1M?

Too bad those mean rich people pay a higher rate. Bastards!

Success must be punished. It's the Democrat way.

I only paid 3% effective Federal tax last year. How is that punishment?

 

[OnePercenter]

Too bad those mean rich people pay a higher rate. Bastards!

People don't pay tax rates, they pay effective tax rates. For the rich, effective is less than yours.

Rich people pay higher effective rates than I do.

Sure they do.....

 

[OnePercenter]

Note: the question of fairness in effective overall tax rates primarily stems from the idiocy of the population that believes, quite literally, anything they are told.

The real question:

1) Should income be taxed at all.

I would say no.

For the slavers who say yes:

1.a) Should personal income be charged at the same rate as capital gains income?

I would say no.

1.b) Should personal income be taxed progressively?

I would say no.

1.c) Should capital gains income be taxed progressively?

I would say no.

Taxation = slavery!

Of course it does, moron. Do you imagine that taxation is voluntary?

Who's going to pay for the streetlights?

 

[zeke]

What added value do I get for my $58,700?

I get it! I make more money than you do. I want to buy a new F 350 pick-up, lets say you want the exact same vehicle. Should I pay 5.87% more than you? Why

Taxes and purchases are not the same thing. The price of goods are determined by the manufacturer. The amount of taxes owed depends upon the income of the individual.

Nice side-step. I, and I'm sure you, want value from our expenditures.

Again! What do I get in return for my $58,700?

If I pay twice the taxes you do, do I get twice the services? Do I get an extra vote on election day?
I mean, shit! A guy making a million a year is already paying around a quarter million and a guy making 50K is paying < 12K. Does the first guy get 20 times the food stamps? Free cheese? Free housing? Can he expect to get 20 times the Social Security benefit at 65?

With a decent accountant our $1,000,000/year (salary) guy will pay about $250,000 in taxes. If he gave that much to the DNC, he'd be the Ambassador to the Cayman Islands or at least a frequent guest in the Lincoln Bedroom. What does he get from the IRS?

Defending the very rich today again I see. Them poor rich people. You think very, very rich people come on sites like this and read about the defense of their wealth by middle class people? I bet they laugh and laugh.

I would guess that Ernie is concerned about the governments deficit spending and would really like for severe cuts in spending to be made to help reduce deficit spending. But don't want to increase taxes on the very rich who have done so very well the past few years.

And I guess that the cuts in spending need to come from the poor and the middle class. Because we are the ones needing more government services to get by in the shitty economy created by those very same very wealthy people that can't be taxed any more cause they "already pay enough".

But I can't help but laugh. In the example of a one million dollar earner, he pays around 250k in taxes. Lets say total (Fed State Local) taxes are 400k.

Leaving this most fortunate individual a measly $50,000.00 net dollars a month to "get by on."

I wonder why people like you Earnie defend the very rich. WTF do you care about what taxes the guy making 50k net a month pays. He/she (very rich) would much rather that YOU and I take a cut somewhere in our benefits or services as opposed to them paying more. And I understand that. Don't care, but understand.

But why would you care if the very very rich pay 5 or 6% more in taxes?

Or, what are you willing to give up so they don't end up paying more in taxes?

Seems to me it is one or the other. Both would be best. If we really are concerned about how much money we spend and debt we have.

Less spending on most of us, more income from those with all the BIG fucking income gains. The very, very rich are the only ones who can afford a tax increase. And I don't care if they get one. Why do you? Just curious.

 

[OnePercenter]

Too bad those mean rich people pay a higher rate. Bastards!

People don't pay tax rates, they pay effective tax rates. For the rich, effective is less than yours.

The government can't write a law that mandates your "effective tax rate," nimrod.

No, but we rich get some really great tax breaks. FYI; Effective is actual.

 

[iMac]

Taxation = slavery!

Of course it does, moron. Do you imagine that taxation is voluntary?

Who's going to pay for the streetlights?

Street lights are OK.

Food stamps and Section 8 housing is not OK.

 

[OnePercenter]

Indentured servants weren't taxed as highly as the average American taxpayer

Why don't you prove it. List your total income and actual Federal tax paid for 2012.

I'll do mine. 16.5M total income, 495k Federal tax.

 

[OnePercenter]

Social Security proposals are wrongheaded - The Washington Post



The options are keeping Social Security solvent or allowing those making $1 million a year to keep 5.87% of their pre-tax earnings.

Seems like a small enough increase for the long term benefit of the nation to a fiscal conservative like myself. And yes, I will personally pay more in taxes if this passes. But having a stable future for this nation means more to me than this paltry amount. If anything it is cheap at the price.

What is even more attractive is that it is a flat tax, something that fiscal conservatives have been advocating for ever since the Reagan era.

Besides the kneejerk opposition to any tax increase what are the legitimate objections to a reasonable and effective solution of this modest nature?

What added value do I get for my $58,700?

I get it! I make more money than you do. I want to buy a new F 350 pick-up, lets say you want the exact same vehicle. Should I pay 5.87% more than you? Why

Taxes and purchases are not the same thing. The price of goods are determined by the manufacturer. The amount of taxes owed depends upon the income of the individual.

The price of goods is determined by what the manufacturer believes they can sell the most items. It's called redlining.

 

[OnePercenter]

This 'mean rich people' paid 3% effective last year. Good News! For 2013, I'll make 5M more and pay less effective! Pretty sweet deal!

The IRS accepts donations from guilt ridden libs with too much money.

I have no 'guilt' and I'm a registered Republican.

 

[Derideo_Te]

How exactly is your "labor taken by force"?

Personal income tax.

How exactly is your labor "stolen against my will"?

My labor is stolen against my will through involuntary personal income tax.



No and no. I drive only on toll roads funded by voluntary tolls and private roads built with voluntary real-estate and voluntary sales taxes.



Yes I eat. Yes I am forced against my will to buy food that has supposedly been inspected, supposedly for my own benefit.



No I don't currently take any medications. Yes I have been forced against my will to take medications that have supposedly been tested to supposedly ensure that they are safe for my use. Specifically, I was forced to take Hepatitis shots when I traveled to India. Additionally, there are a plethora of inoculation shots forced onto the American public.


Yes I purchase products. Yes I'm forced to buy cell phones for moochers that are also supposedly tested to ensure they won't harm children.

Do you fly to vacation spots? Are you "forced against your will" to fly on aircraft that have been inspected as safe to fly?

Yes. Yes, when flying, I am forced to select only from aircraft the have supposedly been inspected as supposedly safe to fly.

So how is all of the above oppressing you? Do you believe that you should just be handed all of the above at zero cost to yourself? Since you live here you obviously benefit from all of the above but somehow you are selfish enough to believe that you should have all of the above and not pay a single dime for any of it.

See above answers as to the how. I do not believe in the Troll's fallacy that I have to pay a toll to cross a bridge because the Troll is securing the bridge. I don't mind voluntarily paying for a police force to provide said protection. There is a marked difference between living in a police state, and having police work for the community to keep the peace. Same goes for welfare, if I'm gonna provide charity I want it to be voluntary charity and for hand-ups, said acts of charity being mutually beneficial to the giver and receiver. A TROLL taking my money against my will then using it for handouts and buying votes is neither charity nor is it beneficial for either of the parties, though I can see how the Troll benefits.

Government's job should be to defend us from the Trolls not be the Troll.

Gee, and the libertarians wonder why everyone at their ideas of how society should be run.

 

[boedicca]

What added value do I get for my $58,700?

I get it! I make more money than you do. I want to buy a new F 350 pick-up, lets say you want the exact same vehicle. Should I pay 5.87% more than you? Why

Taxes and purchases are not the same thing. The price of goods are determined by the manufacturer. The amount of taxes owed depends upon the income of the individual.

The price of goods is determined by what the manufacturer believes they can sell the most items. It's called redlining.

If nobody is willing to purchase the good at those prices, then the price is moot, bub.

 

[OnePercenter]

Of course it does, moron. Do you imagine that taxation is voluntary?

Who's going to pay for the streetlights?

Street lights are OK.

Food stamps and Section 8 housing is not OK.

Raise wages and you'll reduce the number.

 

[OnePercenter]

Taxes and purchases are not the same thing. The price of goods are determined by the manufacturer. The amount of taxes owed depends upon the income of the individual.

The price of goods is determined by what the manufacturer believes they can sell the most items. It's called redlining.

If nobody is willing to purchase the good at those prices, then the price is moot, bub.

My guess is that you missed the word 'redlining'.

 

[RKMBrown]

Gee, and the libertarians wonder why everyone at their ideas of how society should be run.

Yet another bull shit straw-man. I don't know a single libertarian that wonders why jerks like you call us crazy for believing in liberty and free markets under the rule of law over the marxist state you desire.

 

[RKMBrown]

That is the right question. Folks are going to disagree on the right answer.

That's the question the scum bag democrats want answered.

It's your belief that the rich deserve a break cause we're better than you?

No, it's not my belief that the rich deserve a break, nor is it my belief that the rich are better than me, or anyone else for that matter. Why do you ask such a stupid question?

 

[Ernie S.]

Taxes and purchases are not the same thing. The price of goods are determined by the manufacturer. The amount of taxes owed depends upon the income of the individual.

Nice side-step. I, and I'm sure you, want value from our expenditures.

Again! What do I get in return for my $58,700?

If I pay twice the taxes you do, do I get twice the services? Do I get an extra vote on election day?
I mean, shit! A guy making a million a year is already paying around a quarter million and a guy making 50K is paying < 12K. Does the first guy get 20 times the food stamps? Free cheese? Free housing? Can he expect to get 20 times the Social Security benefit at 65?

With a decent accountant our $1,000,000/year (salary) guy will pay about $250,000 in taxes. If he gave that much to the DNC, he'd be the Ambassador to the Cayman Islands or at least a frequent guest in the Lincoln Bedroom. What does he get from the IRS?

Taxes are not expenditures. But if you want to look at it that way then yes, those that pay higher tax rates do have a great deal more access to their representatives than those that don't.

You know that for the vast number of private citizens, that is just plain bullshit! Democrat politicians would rater buy a million votes with a class warfare scheme like a 5.87% tax hike than cut me any legislative slack for my lone vote.
Sure, people do buy influence to the point where they receive 535 million dollar loans that they turn back a great deal of, to the DNC coffers.

 

[OnePercenter]

That's the question the scum bag democrats want answered.

It's your belief that the rich deserve a break cause we're better than you?

No, it's not my belief that the rich deserve a break, nor is it my belief that the rich are better than me, or anyone else for that matter. Why do you ask such a stupid question?

So the rich should pay the same effective percentage in tax as the middle class?

 

[Ernie S.]

How exactly is your "labor taken by force"?

How exactly is your labor "stolen against my will"?

Do you drive on public roads? Are you "forced against your will" to drive on public roads?

Yup. But I don't drive 20 times as far or drive a car that weighs 20 times what your mini does.
Of course I buy food. I eat about the same amount and pay the same prices for it everyone else does. My meat has not been inspected 20 times as often or competently.

My wife takes 7 prescriptions. Fairly average for a woman her age with her health issues. Her pills are not gold plated. They don't come with any added value, no free opera tickets.

Yup same toys as you do, subject to the same standards. Chances are, the toys I buy are of higher quality and actually need less scrutiny.

Occasionally I fly. I'll be just as dead as you if we crash. As a matter of fact, we, in first class will die first.

So how is all of the above oppressing you? Do you believe that you should just be handed all of the above at zero cost to yourself? Since you live here you obviously benefit from all of the above but somehow you are selfish enough to believe that you should have all of the above and not pay a single dime for any of it.

At zero cost??? For Christ's sake guy! Even if we all paid taxes at a flat rate, the guy making $1,000,000/year is already paying 20 times the taxes that the $50,000/year guy pays for the exact same services except for the free cheese


In answer to your question above:

So are you advocating a society where the upper class gets preferential treatment by the government?

BTW my eyesight is not what it used it be but that is photoshopped. The 2nd guy in line has a badge that says "POLICE" and the shield is curved while the writing is dead flat.

No, I advocate everyone paying for the services they receive.

RE the shield. Yeah it probably is a photoshop. Here ya go:

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