- Thread starter
- #41
The fact remains that the Rich are getting an unfair share of the cut, permanently, while the non-rich gets a cut temporarily.
This is a perfect example of the liberal refusal to deal with facts. The OP debunks the analytical approach--i.e., using gross dollar amounts--that liberals use as the basis for their claim that the Trump tax cuts heavily favor the rich. Now, either "Jake Starkey" does not understand basic math or he simply doesn't care.
The only valid comparison is the rate that each group is paying, i.e., the percentage, or "share," of their income that they are paying in taxes.
If Joe A makes $40K and gets his taxes cut from 12% to 4%, a drop of 8 percentage points, his federal tax burden drops from $4,800 to $1,600, a savings of $3,200. If Joe B makes $900K and gets his taxes cut from 37% to 33%, a drop of 4 percentage points, his federal tax burden drops from $33,300 to $29,700, a savings of $3,600 ($400 more than Joe A). Who got the better deal? Who is paying a smaller share/percentage of his income? Obviously, Joe A.NO! Your false premise was well and truly debunked by a reality check of your fantasy math employed and your bait and switch of first using the SSI payroll tax as the exemplar for the math and then switching to the income tax. And you continue to ignore you dishonesty!The OP debunks the analytical approach--i.e., using gross dollar amounts--that liberals use as the basis for their claim that the Trump tax cuts heavily favor the rich.
That's the nature of the progressive income tax as established. Why have both major political parties year after year validated and implemented the basic form of progressive income tax with EVERY subsequent amending bill to the Internal Revenue Code, both the major and minor revisions?If Joe A makes $40K and gets his taxes cut from 12% to 4%, a drop of 8 percentage points, his federal tax burden drops from $4,800 to $1,600, a savings of $3,200. If Joe B makes $900K and gets his taxes cut from 37% to 33%, a drop of 4 percentage points, his federal tax burden drops from $33,300 to $29,700, a savings of $3,600 ($400 more than Joe A). Who got the better deal? Who is paying a smaller share/percentage of his income? Obviously, Joe A.
If both Joe's both made $40k, but Joe A had no dependents, but Joe B had a wife and 7 kids, who would pay the highest income tax even though both Joe's made the same? Why the Hell does life have to be so bloody unfair, Mikey?
You make up these STUPID partisan arguments conveniently leaving out critical items, or outright fabricating scenarios to salve you tribal irritations and place blame on your rival tribalists. You're a waste of air you dishonest turd!
No one "debunked" anything. My OP is talking about Obama's 2011 PAYROLL tax cut. Even the poorest of the poorest workers in the 47% pay the payroll tax, and they pay the same rate paid by people who make $200K. Furthermore, the math principle is irrefutably valid, regardless of the kind of tax we're talking about--it's only a matter of shifting the comparison so that we're talking about two people who both pay taxes.
The OP proves that even in the case of Obama's 2011 payroll tax cut, which was the same percentage for everyone who made under $200K, you could "prove" that it was "unfair" if you just used gross dollar amounts.
We see that lots of liberals here view everyone in the third and fourth tax brackets as being well enough off as not count and as not deserving of any tax relief. But you have lots and lots of firemen, principals, policemen, military officers, federal civil employees, and other average folks who are in those tax brackets.
Last edited: