Should The Rich Be Required To Pay Higher Taxes In the US?

[Dad2three]

50 years of "safety nets" and Poverty is at a FIFTY YEAR HIGH

must be a coincidence

but it IS nice of you to want to help the poor people your failed left-wing ideology CREATED, and KEPT POOR

Safety nets have only been around for 50 years? Read a fukkn history book Bubba

But yes,. like Harding/Coolidge's hole they put US in with their "let markets" work, Dubya did the same with his ponzi scheme and created the worst recession since then!!!

you went to Talking-Points R Us today didnt you leftard???

Got nothing else huh Bubs? Well Thanks anyways, I get it that about 20% of AmeriKans will NEVER have a brain and most of them are conservative knuckledraggers, like you and Faux's base. Have a great day moron!

 

[boedicca]

I think the rich should ABSOLUTELY pay more because the majority of them are selfish and don't care about anybody but themselves! Trust me, if you are a millionaire, it is NOT going to hurt you if you just pay a little more in taxes. I believe that if you are a good and righteous person, you would want to help the poor or people that are less fortunate. It's as simple as that! People need to stop being so selfish.

80% of all federal gov't revenue is derived from personal income taxes. The top 10% of American earners carry 70% of the tax load. The top 25% of all earners carry 86% of the load. What would satisfy you? 96%? 106%?

Oh ... and the bottom 49% of all earners pay NO FEDERAL INCOME TAX.
You get a free ride on the backs of everyone else.
Quit your whining and start earning.

MORE right wing garbage based on garbage. Shocking, the bottom 50% of US make about 11% of ALL US income, about the same as the top 1/10th of 1% make


Historical Amount of Revenue by Source

Historical Amount of Revenue by Source

I PROVED YOU ARE A LIAR, RUN AWAY BUBBA

Uh, the PAYROLL TAX is a TAX ON PERSONAL INCOME, bub.

MORE right wing noise. Since when is income tax capped after a certain amount like SS? Hint neither SS or the OTHER INSURANCE programs (Medicare) is income taxes! Yes, it IS a tax ON income!

There is no cap on medicare taxes, and an extra amount is taxed on for those at an upper middle class income level and above.

 

[boedicca]

you dont mention that the european nations the left is ini love with have tax loopholes too

there goes your "effective tax rate" argument


keep trying

How

Low Are U.S. Taxes Compared to Other Countries?
As for the richest one or two percentiles of earners, we come in at practically the same place: 53rd-highest.

But these numbers might understate how low taxes have been in the U.S. Unlike most advanced economies, the U.S. don't supplement personal income taxes with a national sales tax, or value-added tax (VAT). Consumption taxes accounted for about a fifth of total U.S. revenue in 2008 (mostly at the state and local level) compared to an OECD average of 32 percent. In other words, the U.S. relies uniquely on personal tax rates to raise revenue -- and we have relatively low personal tax rates.


lol
How Low Are U.S. Taxes Compared to Other Countries - The Atlantic


America the Undertaxed

America the Undertaxed Foreign Affairs

So, you won't be satisfied until we have the highest taxes in the world, but we already knew that.

 

[rightwinger]

Under Eisenhower, upper tax rate was 90%...we built the interstate highway system

Under JFKand Johnson it is as 70% and we sent a man to the moon and passed Medicare and welfare

Under Reagan it dropped under 40%

What have we accomplished since?

 

[Dad2three]

I think the rich should ABSOLUTELY pay more because the majority of them are selfish and don't care about anybody but themselves! Trust me, if you are a millionaire, it is NOT going to hurt you if you just pay a little more in taxes. I believe that if you are a good and righteous person, you would want to help the poor or people that are less fortunate. It's as simple as that! People need to stop being so selfish.

80% of all federal gov't revenue is derived from personal income taxes. The top 10% of American earners carry 70% of the tax load. The top 25% of all earners carry 86% of the load. What would satisfy you? 96%? 106%?

Oh ... and the bottom 49% of all earners pay NO FEDERAL INCOME TAX.
You get a free ride on the backs of everyone else.
Quit your whining and start earning.

MORE right wing garbage based on garbage. Shocking, the bottom 50% of US make about 11% of ALL US income, about the same as the top 1/10th of 1% make


Historical Amount of Revenue by Source

Historical Amount of Revenue by Source

I PROVED YOU ARE A LIAR, RUN AWAY BUBBA

Uh, the PAYROLL TAX is a TAX ON PERSONAL INCOME, bub.

MORE right wing noise. Since when is income tax capped after a certain amount like SS? Hint neither SS or the OTHER INSURANCE programs (Medicare) is income taxes! Yes, it IS a tax ON income!

There is no cap on medicare taxes, and an extra amount is taxed on for those at an upper middle class income level and above.

Yes, called PAYROLL taxes. Thanks for agreeing since those making income off of dividends/cap gains don't pay it!

 

[Dad2three]

you dont mention that the european nations the left is ini love with have tax loopholes too

there goes your "effective tax rate" argument


keep trying

How

Low Are U.S. Taxes Compared to Other Countries?
As for the richest one or two percentiles of earners, we come in at practically the same place: 53rd-highest.

But these numbers might understate how low taxes have been in the U.S. Unlike most advanced economies, the U.S. don't supplement personal income taxes with a national sales tax, or value-added tax (VAT). Consumption taxes accounted for about a fifth of total U.S. revenue in 2008 (mostly at the state and local level) compared to an OECD average of 32 percent. In other words, the U.S. relies uniquely on personal tax rates to raise revenue -- and we have relatively low personal tax rates.


lol
How Low Are U.S. Taxes Compared to Other Countries - The Atlantic


America the Undertaxed

America the Undertaxed Foreign Affairs

So, you won't be satisfied until we have the highest taxes in the world, but we already knew that.

False premise, distortions and lies, the rights usual M/O

 

[boedicca]

80% of all federal gov't revenue is derived from personal income taxes. The top 10% of American earners carry 70% of the tax load. The top 25% of all earners carry 86% of the load. What would satisfy you? 96%? 106%?

Oh ... and the bottom 49% of all earners pay NO FEDERAL INCOME TAX.
You get a free ride on the backs of everyone else.
Quit your whining and start earning.

MORE right wing garbage based on garbage. Shocking, the bottom 50% of US make about 11% of ALL US income, about the same as the top 1/10th of 1% make


Historical Amount of Revenue by Source

Historical Amount of Revenue by Source

I PROVED YOU ARE A LIAR, RUN AWAY BUBBA

Uh, the PAYROLL TAX is a TAX ON PERSONAL INCOME, bub.

MORE right wing noise. Since when is income tax capped after a certain amount like SS? Hint neither SS or the OTHER INSURANCE programs (Medicare) is income taxes! Yes, it IS a tax ON income!

There is no cap on medicare taxes, and an extra amount is taxed on for those at an upper middle class income level and above.

Yes, called PAYROLL taxes. Thanks for agreeing since those making income off of dividends/cap gains don't pay it!

Wrong. Investors pay medicare taxes on investment income, bub. And for all your class warfare nonsense, most "rich" people pay a higher overall share of their income on taxes than do The Poor.

 

[David_42]

MORE right wing garbage based on garbage. Shocking, the bottom 50% of US make about 11% of ALL US income, about the same as the top 1/10th of 1% make


Historical Amount of Revenue by Source

Historical Amount of Revenue by Source

I PROVED YOU ARE A LIAR, RUN AWAY BUBBA

Uh, the PAYROLL TAX is a TAX ON PERSONAL INCOME, bub.

MORE right wing noise. Since when is income tax capped after a certain amount like SS? Hint neither SS or the OTHER INSURANCE programs (Medicare) is income taxes! Yes, it IS a tax ON income!

There is no cap on medicare taxes, and an extra amount is taxed on for those at an upper middle class income level and above.

Yes, called PAYROLL taxes. Thanks for agreeing since those making income off of dividends/cap gains don't pay it!

Wrong. Investors pay medicare taxes on investment income, bub. And for all your class warfare nonsense, most "rich" people pay a higher overall share of their income on taxes than do The Poor.

They own most of the wealth, of course they pay most of the income tax. Maybe if the poor had higher wages...

 

[boedicca]

Uh, the PAYROLL TAX is a TAX ON PERSONAL INCOME, bub.

MORE right wing noise. Since when is income tax capped after a certain amount like SS? Hint neither SS or the OTHER INSURANCE programs (Medicare) is income taxes! Yes, it IS a tax ON income!

There is no cap on medicare taxes, and an extra amount is taxed on for those at an upper middle class income level and above.

Yes, called PAYROLL taxes. Thanks for agreeing since those making income off of dividends/cap gains don't pay it!

Wrong. Investors pay medicare taxes on investment income, bub. And for all your class warfare nonsense, most "rich" people pay a higher overall share of their income on taxes than do The Poor.

They own most of the wealth, of course they pay most of the income tax. Maybe if the poor had higher wages...

Maybe if we had real economic growth....

 

[David_42]

MORE right wing noise. Since when is income tax capped after a certain amount like SS? Hint neither SS or the OTHER INSURANCE programs (Medicare) is income taxes! Yes, it IS a tax ON income!

There is no cap on medicare taxes, and an extra amount is taxed on for those at an upper middle class income level and above.

Yes, called PAYROLL taxes. Thanks for agreeing since those making income off of dividends/cap gains don't pay it!

Wrong. Investors pay medicare taxes on investment income, bub. And for all your class warfare nonsense, most "rich" people pay a higher overall share of their income on taxes than do The Poor.

They own most of the wealth, of course they pay most of the income tax. Maybe if the poor had higher wages...

Maybe if we had real economic growth....

LUUK, BLAME OBAMA FOR EVERYTHING, IGNORE IRAQ, IGNORE BUSH, IGNORE LOW TAXES ON THE RICH, HURR DURR.

 

[boedicca]

There is no cap on medicare taxes, and an extra amount is taxed on for those at an upper middle class income level and above.

Yes, called PAYROLL taxes. Thanks for agreeing since those making income off of dividends/cap gains don't pay it!

Wrong. Investors pay medicare taxes on investment income, bub. And for all your class warfare nonsense, most "rich" people pay a higher overall share of their income on taxes than do The Poor.

They own most of the wealth, of course they pay most of the income tax. Maybe if the poor had higher wages...

Maybe if we had real economic growth....

LUUK, BLAME OBAMA FOR EVERYTHING, IGNORE IRAQ, IGNORE BUSH, IGNORE LOW TAXES ON THE RICH, HURR DURR.

You are a moron. It's not surprising that you worship The Won.

 

[David_42]

Yes, called PAYROLL taxes. Thanks for agreeing since those making income off of dividends/cap gains don't pay it!

Wrong. Investors pay medicare taxes on investment income, bub. And for all your class warfare nonsense, most "rich" people pay a higher overall share of their income on taxes than do The Poor.

They own most of the wealth, of course they pay most of the income tax. Maybe if the poor had higher wages...

Maybe if we had real economic growth....

LUUK, BLAME OBAMA FOR EVERYTHING, IGNORE IRAQ, IGNORE BUSH, IGNORE LOW TAXES ON THE RICH, HURR DURR.

You are a moron. It's not surprising that you worship The Won.

I don't worship obama, but he's done the best he could.

 

[SAYIT]

Uh, the PAYROLL TAX is a TAX ON PERSONAL INCOME, bub.

MORE right wing noise. Since when is income tax capped after a certain amount like SS? Hint neither SS or the OTHER INSURANCE programs (Medicare) is income taxes! Yes, it IS a tax ON income!

There is no cap on medicare taxes, and an extra amount is taxed on for those at an upper middle class income level and above.

Yes, called PAYROLL taxes. Thanks for agreeing since those making income off of dividends/cap gains don't pay it!

Wrong. Investors pay medicare taxes on investment income, bub. And for all your class warfare nonsense, most "rich" people pay a higher overall share of their income on taxes than do The Poor.

They own most of the wealth, of course they pay most of the income tax. Maybe if the poor had higher wages...

Loony leftists are persistent idiots.
Income taxes do not (nor were they ever intended to) apply to WEALTH.
Income taxes apply only to - drum roll, please - INCOME.
You do know the diff, right Lefty?

 

[David_42]

MORE right wing noise. Since when is income tax capped after a certain amount like SS? Hint neither SS or the OTHER INSURANCE programs (Medicare) is income taxes! Yes, it IS a tax ON income!

There is no cap on medicare taxes, and an extra amount is taxed on for those at an upper middle class income level and above.

Yes, called PAYROLL taxes. Thanks for agreeing since those making income off of dividends/cap gains don't pay it!

Wrong. Investors pay medicare taxes on investment income, bub. And for all your class warfare nonsense, most "rich" people pay a higher overall share of their income on taxes than do The Poor.

They own most of the wealth, of course they pay most of the income tax. Maybe if the poor had higher wages...

Loony leftists are persistent idiots.
Income taxes do not (nor were they ever intended to) apply to WEALTH.
Income taxes apply only to - drum roll, please - INCOME.
You do know the diff, right Lefty?

That doesn't change the fact they own most of the wealth, and it was obvious I was referencing income as well.

 

[boedicca]

MORE right wing noise. Since when is income tax capped after a certain amount like SS? Hint neither SS or the OTHER INSURANCE programs (Medicare) is income taxes! Yes, it IS a tax ON income!

There is no cap on medicare taxes, and an extra amount is taxed on for those at an upper middle class income level and above.

Yes, called PAYROLL taxes. Thanks for agreeing since those making income off of dividends/cap gains don't pay it!

Wrong. Investors pay medicare taxes on investment income, bub. And for all your class warfare nonsense, most "rich" people pay a higher overall share of their income on taxes than do The Poor.

They own most of the wealth, of course they pay most of the income tax. Maybe if the poor had higher wages...

Loony leftists are persistent idiots.
Income taxes do not (nor were they ever intended to) apply to WEALTH.
Income taxes apply only to - drum roll, please - INCOME.
You do know the diff, right Lefty?

He messed up the script. The Progs want Property Taxes on Wealth.

 

[David_42]

There is no cap on medicare taxes, and an extra amount is taxed on for those at an upper middle class income level and above.

Yes, called PAYROLL taxes. Thanks for agreeing since those making income off of dividends/cap gains don't pay it!

Wrong. Investors pay medicare taxes on investment income, bub. And for all your class warfare nonsense, most "rich" people pay a higher overall share of their income on taxes than do The Poor.

They own most of the wealth, of course they pay most of the income tax. Maybe if the poor had higher wages...

Loony leftists are persistent idiots.
Income taxes do not (nor were they ever intended to) apply to WEALTH.
Income taxes apply only to - drum roll, please - INCOME.
You do know the diff, right Lefty?

He messed up the script. The Progs want Property Taxes on Wealth.

What script? The script that says income inequality doesn't exist?

 

[boedicca]

There is no cap on medicare taxes, and an extra amount is taxed on for those at an upper middle class income level and above.

Yes, called PAYROLL taxes. Thanks for agreeing since those making income off of dividends/cap gains don't pay it!

Wrong. Investors pay medicare taxes on investment income, bub. And for all your class warfare nonsense, most "rich" people pay a higher overall share of their income on taxes than do The Poor.

They own most of the wealth, of course they pay most of the income tax. Maybe if the poor had higher wages...

Loony leftists are persistent idiots.
Income taxes do not (nor were they ever intended to) apply to WEALTH.
Income taxes apply only to - drum roll, please - INCOME.
You do know the diff, right Lefty?

That doesn't change the fact they own most of the wealth, and it was obvious I was referencing income as well.

BFD. Who cares how much wealth someone else has? Only pea-green-with-envious people who constantly compare themselves to others.

 

[Dad2three]

MORE right wing garbage based on garbage. Shocking, the bottom 50% of US make about 11% of ALL US income, about the same as the top 1/10th of 1% make


Historical Amount of Revenue by Source

Historical Amount of Revenue by Source

I PROVED YOU ARE A LIAR, RUN AWAY BUBBA

Uh, the PAYROLL TAX is a TAX ON PERSONAL INCOME, bub.

MORE right wing noise. Since when is income tax capped after a certain amount like SS? Hint neither SS or the OTHER INSURANCE programs (Medicare) is income taxes! Yes, it IS a tax ON income!

There is no cap on medicare taxes, and an extra amount is taxed on for those at an upper middle class income level and above.

Yes, called PAYROLL taxes. Thanks for agreeing since those making income off of dividends/cap gains don't pay it!

Wrong. Investors pay medicare taxes on investment income, bub. And for all your class warfare nonsense, most "rich" people pay a higher overall share of their income on taxes than do The Poor.

MOST investment income ISN'T treated as PAY, which Medicare taxes are based on Bubba, NO most investment ISN'T taxed for payroll purposes!

You mean the top 1/10th of 1% who make about the same as the bottom 50% of US COMBINED income a higher percentage of taxes even if they have about 70 million FAMILIES on the bottom and 140,000 on the top???? lol. Yes, about 1/3rd what the top 1/10th of 1% paid in EFFECTIVE taxes 1945-1980 ON MUCH LESS INCOMES FOR THE TOP 1/10TH OF 1%!!!

Soaking the Poor, State by State

That includes overall tax rates, where data from the Institute on Taxation and Economic Policy shows that in the median state (Mississippi, as it turns out) the poorest 20 percent pay twice the tax rate of the top 1 percent. In the worst states, the poorest 20 percent pay five to six times the rate of the richest 1 percent. Lucky duckies indeed. There's not one single state with a tax system that's progressive.


Soaking the Poor State by State Mother Jones

 

[boedicca]

Yes, called PAYROLL taxes. Thanks for agreeing since those making income off of dividends/cap gains don't pay it!

Wrong. Investors pay medicare taxes on investment income, bub. And for all your class warfare nonsense, most "rich" people pay a higher overall share of their income on taxes than do The Poor.

They own most of the wealth, of course they pay most of the income tax. Maybe if the poor had higher wages...

Loony leftists are persistent idiots.
Income taxes do not (nor were they ever intended to) apply to WEALTH.
Income taxes apply only to - drum roll, please - INCOME.
You do know the diff, right Lefty?

He messed up the script. The Progs want Property Taxes on Wealth.

What script? The script that says income inequality doesn't exist?

Oh NOEEESSSSSS!!!1!!!! Income Inequality!!!!!!

What's next? WHITE PRIVILEGE!!!!!

AHHHHHHHHHHHHHH

(see, I put that in most caps so you'll understand.)

 

[David_42]

Yes, called PAYROLL taxes. Thanks for agreeing since those making income off of dividends/cap gains don't pay it!

Wrong. Investors pay medicare taxes on investment income, bub. And for all your class warfare nonsense, most "rich" people pay a higher overall share of their income on taxes than do The Poor.

They own most of the wealth, of course they pay most of the income tax. Maybe if the poor had higher wages...

Loony leftists are persistent idiots.
Income taxes do not (nor were they ever intended to) apply to WEALTH.
Income taxes apply only to - drum roll, please - INCOME.
You do know the diff, right Lefty?

That doesn't change the fact they own most of the wealth, and it was obvious I was referencing income as well.

BFD. Who cares how much wealth someone else has? Only pea-green-with-envious people who constantly compare themselves to others.

When income inequality continues to get worse worldwide, when the middle class has lost income over decades, when wages are stagnant, when the rich are recovering better then everyone else.. It's already been proven by the IMF that redistribution of wealth has more benefits then "trickle down" bullshit.