Exposing the lies about taxes

P@triot

Diamond Member
Jul 5, 2011
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Once again we see the parasite class is not paying their fair share while the upper class in this nation are burdened with paying damn near everything.

The bottom 50% earns 12% of the wealth but pays just 2% of the taxes. Meanwhile the top 1% earns 19% of the wealth but pays 37% of the taxes.

top10-percent-income-earners-6005.jpg
 
The respondents were visibly shocked when they were told the answer is actually closer to 35 percent.

ahem,,,,

The Fortunate 400 paid a rate of more than 18% in the latest period.

We all know that the one percent (those making around $340,000 a year) as a group pay a higher rate than any other income group. Yet the new IRS data show that even the $1 million-plus earners (the top fraction of the one percent) pays the highest rate.

It’s only when you get to somewhere between the $10 million-plus earners and the “Fortunate 400″–the 400 highest earners–that the tax rates paid start to dip. And when they dip, they still dip to levels far above the average rates paid by 90% of Americans. The Fortunate 400 paid a rate of more than 18% in the latest period.


This isn’t to argue against higher taxes on the wealthy. Nor does it deny that some rich people reduce their taxes to well below the official rates through tax avoidance schemes and capital gains.


OB-SQ248_TAXRAT_G_20120418140102.jpg



But the average tax rate that top earners actually pay is also going up. The average tax rate for the top 1 percent will go from 27.2 percent for 2012 taxes to 31.4 percent for 2013 taxes, and 33.4 percent for 2014 taxes, according to the Tax Policy Center.

Average tax bill for the 1% this year: $525,000
 
Once again we see the parasite class is not paying their fair share while the upper class in this nation are burdened with paying damn near everything.

The bottom 50% earns 12% of the wealth but pays just 2% of the taxes. Meanwhile the top 1% earns 19% of the wealth but pays 37% of the taxes.

]

Guy, keep calling half the country 'Parasites".

THat's going to work really well for you at the polling place.

"The Oppossite of Capitalism isn't Socialism, it's Democracy."- Michael Moore.
 
So unconstitutional entitlements and handouts chews up 70% of our tax dollars, while defense (an actual constitutional responsibility of the federal government) is a paltry 18%.

Where Does All the Money Go?

Um, yeah, but those "handouts" are mostly Social Security and Medicare, which the working class, not the rich, are paying for.

Of course, I'll bet you if the children of the Rich were fighting those wars, we wouldn't be so keen on fighting them.
 
Social security is nothing but forced dependence on government, a fact that you sheep are too stupid to realize.
 
Social security is nothing but forced dependence on government, a fact that you sheep are too stupid to realize.

No, it's an understanding that we have an obligation to our elderly when they are no longer able to work.

It's what a civilized society does.

Frankly, what you guys want is all the advantages of living in a civilized society and none of the responsibilities.

The sooner the GOP tells you Libertarian loons to fuck off, the better.
 
`BREAKING NEWS BREAKING NEWS BREAKING NEWS

Rotty has found out that high wage earners in fact pay the most in taxes and that poorer people pay the least in taxes. This breaking bit of info has only been around for the past few years, but damn it is hard to teach a dog to read and type.

Wait a minute. That's the big story. Dog reads and types on the "Net.

BREAKING NEWS BREAKING NEWS; STORY OF A TYPING DOG. (see above)
 
Social security is nothing but forced dependence on government, a fact that you sheep are too stupid to realize.

No, it's an understanding that we have an obligation to our elderly when they are no longer able to work.

It's what a civilized society does.

Frankly, what you guys want is all the advantages of living in a civilized society and none of the responsibilities.

The sooner the GOP tells you Libertarian loons to fuck off, the better.

If the crooks in the government let people keep the 15% of their income that is stolen for the slush fund then people would be able to take care of themselves without the government being involved.

And we can't have that now can we?
 
Social security is nothing but forced dependence on government, a fact that you sheep are too stupid to realize.

No, it's an understanding that we have an obligation to our elderly when they are no longer able to work.

It's what a civilized society does.

Frankly, what you guys want is all the advantages of living in a civilized society and none of the responsibilities.

The sooner the GOP tells you Libertarian loons to fuck off, the better.

If the crooks in the government let people keep the 15% of their income that is stolen for the slush fund then people would be able to take care of themselves without the government being involved.

And we can't have that now can we?

I keep a copy of my Q4 2008 401K statement as a reminder of how much the 'private sector' can be trusted to "take care" of me in my old age.

That's the one where the money I seeded into it over the previous six years vanished in about six months.

The only crooks I see are the 1%ers who whing about how much they are paying in taxes when they ride their dressage ponies.
 
Once again we see the parasite class is not paying their fair share while the upper class in this nation are burdened with paying damn near everything.

The bottom 50% earns 12% of the wealth but pays just 2% of the taxes. Meanwhile the top 1% earns 19% of the wealth but pays 37% of the taxes.

top10-percent-income-earners-6005.jpg
You do realize that income taxes are paid on PROFIT and not on ones revenues that they take in, don't you?

INCOME means PROFIT, not what income we take in when we draw a salary....

the INCOME TAX = a PROFIT TAX

so if 47% of this country owes no taxes, this is because they did not make a profit that year for the most part....

Just as 2 companies, both having $1 million in total revenues for the year, but once all expenses are deducted, 1 company made no profit and owes ZERO in income taxes and the other company did make a profit and owes $100,000 in taxes

the definition of INCOME is PROFIT....the income tax is a tax on ones profit, if you don't make a profit you don't pay income taxes/Profit taxes, this means that the wealthiest or top 10% MADE THE MOST PROFIT, therefore they paid the most in taxes....

SIMPLE as that....

People are under the false assumption the INCOME TAX means salary or the money the family made that year and IT IS NOT....the INCOME that is TAXED is ONLY the PROFIT from all the wages and other earnings one takes in....

JUST LIKE businesses or corporations pay corporate income taxes on their PROFIT only, we as individuals are income taxed on our profit only.


Did I say it enough? PEOPLE have seemed to forgotten what an income tax truly is around here?
 
Social security is nothing but forced dependence on government, a fact that you sheep are too stupid to realize.

No, it's an understanding that we have an obligation to our elderly when they are no longer able to work.

It's what a civilized society does.

Frankly, what you guys want is all the advantages of living in a civilized society and none of the responsibilities.

The sooner the GOP tells you Libertarian loons to fuck off, the better.

If the crooks in the government let people keep the 15% of their income that is stolen for the slush fund then people would be able to take care of themselves without the government being involved.

And we can't have that now can we?

So you think that money management skills are something that the vast majority of Americans are good at eh? Got any proof of that. Or are you just dreaming?

My observations as a mortgage loan officer for 18 years were that the majority of citizens sucked at managing their money. But granted, I wan't talking to millions of Americans.

I am sure your experience is much different. What do you do that makes you think our fellow citizens are good at managing money?
 

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