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Your chart is pure bullshit, of course.
Your chart is pure bullshit, of course.
Piketty and Saez are eminent scholars in this field. They have only received accolades for their works on income distribution.
Please feel free to counter their works with cogent arguments.
Last time and example:
Taxes pay for roads. Roads are good for the GENERAL WELFARE of everyone even people who will never drive on it.
You dont get it, go read a book and stop trolling
Taxes also pay for welfare. How is that good for the GENERAL WELFARE?
SS has been a success by every measure of the book.
Sorry kooks, but you lost.
Taxes also pay for welfare. How is that good for the GENERAL WELFARE?
SS has been a success by every measure of the book.
Sorry kooks, but you lost.
Every Ponzi scheme is a "success" until the day it collapses.
Social Security SUCKS.....it is a ponzi scheme. And eventually all ponzi schemes fail.Last time and example:
Taxes pay for roads. Roads are good for the GENERAL WELFARE of everyone even people who will never drive on it.
You dont get it, go read a book and stop trolling
Taxes also pay for welfare. How is that good for the GENERAL WELFARE?
SS has been a success by every measure of the book.
Sorry kooks, but you lost.
Social Security SUCKS.....it is a ponzi scheme. And eventually all ponzi schemes fail.Taxes also pay for welfare. How is that good for the GENERAL WELFARE?
SS has been a success by every measure of the book.
Sorry kooks, but you lost.
yes, there should be a federal pension program for all American workers, but this thing is a mess. And soon enough it will be a broke mess
Every time one of you libs gleefully shouts "we won" or in obscene anger "you lost" it just exposes your ideology for what it is.
SS has been a success by every measure of the book.
Sorry kooks, but you lost.
Every Ponzi scheme is a "success" until the day it collapses.
SS is not a ponzi scheme and has increased the standard of living among millions of Americans who helped made this country great.
SS has been a success by every measure of the book.
Sorry kooks, but you lost.
Every Ponzi scheme is a "success" until the day it collapses.
SS is not a ponzi scheme and has increased the standard of living among millions of Americans who helped made this country great.
Every Ponzi scheme is a "success" until the day it collapses.
SS is not a ponzi scheme and has increased the standard of living among millions of Americans who helped made this country great.
It fits the definition of a Ponzi scheme to a 'T' and it has decreased the standard of living for Americans by siphoning off trillions of dollars that would have been invested in retirement funds and using it to payoff current retirees. SS single handedly reduced the growth of our economy by 2 percentage points, at least.
Social Security SUCKS.....it is a ponzi scheme. And eventually all ponzi schemes fail.SS has been a success by every measure of the book.
Sorry kooks, but you lost.
yes, there should be a federal pension program for all American workers, but this thing is a mess. And soon enough it will be a broke mess
Every time one of you libs gleefully shouts "we won" or in obscene anger "you lost" it just exposes your ideology for what it is.
OMG....are Cons really comparing SS to prison....lmao.
Every Ponzi scheme is a "success" until the day it collapses.
SS is not a ponzi scheme and has increased the standard of living among millions of Americans who helped made this country great.
Where do you get this shit from?
When has SS lifted anyone's standard of living?
Yes it is a ponzi scheme.
The system takes the money of the many and as the top levels age out, they collect. The idea only can work when there are several people paying into the scheme for every person collecting.
The ratio now is less than TWO people contributing for each person collecting.
With the impending retirement of over 75 million baby boomers coming in the next 20 years, the ratio of workers to recipients will drop to 1 to 1 or even below.
Already Congress is considering increasing the age of SS retirement to perhaps as much as 70 or more.
By the time I reach retirement age, I will have no expectations of receiving a dime of SS.
Social Security SUCKS.....it is a ponzi scheme. And eventually all ponzi schemes fail.
yes, there should be a federal pension program for all American workers, but this thing is a mess. And soon enough it will be a broke mess
Every time one of you libs gleefully shouts "we won" or in obscene anger "you lost" it just exposes your ideology for what it is.
OMG....are Cons really comparing SS to prison....lmao.
Dear shit for brains...I wrote federal PENSION system..
Not only are you a liberal. You are a very stupid individual.
Hey, I was born during the day. Not yesterday.SS is not a ponzi scheme and has increased the standard of living among millions of Americans who helped made this country great.
Where do you get this shit from?
When has SS lifted anyone's standard of living?
Yes it is a ponzi scheme.
The system takes the money of the many and as the top levels age out, they collect. The idea only can work when there are several people paying into the scheme for every person collecting.
The ratio now is less than TWO people contributing for each person collecting.
With the impending retirement of over 75 million baby boomers coming in the next 20 years, the ratio of workers to recipients will drop to 1 to 1 or even below.
Already Congress is considering increasing the age of SS retirement to perhaps as much as 70 or more.
By the time I reach retirement age, I will have no expectations of receiving a dime of SS.
Why lie, loser Con?
Social Security benefits play a vital role in reducing poverty. Without Social Security, 21.4 million more Americans would be poor, according to the latest available Census data (for 2011). Although most of those whom Social Security keeps out of poverty are elderly, nearly a third are under age 65, including 1.1 million children. (See Table 1.) Depending on their design, reductions in Social Security benefits could significantly increase poverty, particularly among the elderly.
Social Security Keeps 21 Million Americans Out of Poverty: A State-by-State Analysis ? Center on Budget and Policy Priorities
OMG....are Cons really comparing SS to prison....lmao.
Dear shit for brains...I wrote federal PENSION system..
Not only are you a liberal. You are a very stupid individual.
^^lmao...this Con thinks he was a high serving bureaucrat for the SS administration.
Gosh, not only are Cons idiots, they are fucking blatant liars who think that the world revolves around them.
Do us a favor and drown yourself.
Social Security SUCKS.....it is a ponzi scheme. And eventually all ponzi schemes fail.SS has been a success by every measure of the book.
Sorry kooks, but you lost.
yes, there should be a federal pension program for all American workers, but this thing is a mess. And soon enough it will be a broke mess
Every time one of you libs gleefully shouts "we won" or in obscene anger "you lost" it just exposes your ideology for what it is.
OMG....are Cons really comparing SS to prison....lmao.
Last time and example:
Taxes pay for roads. Roads are good for the GENERAL WELFARE of everyone even people who will never drive on it.
You dont get it, go read a book and stop trolling
Taxes also pay for welfare. How is that good for the GENERAL WELFARE?
SS has been a success by every measure of the book.
Sorry kooks, but you lost.
Some people don't pay INCOME taxes. Focus. Taxes are for the GENERAL WELFARE.
If you are confused at the words general and welfare and what that means I cannot help you.
Kudos tho, on picking out one statement dropping your previous point and shifting when your lost was predictable. Now, are we talking about General Welfare anymore or now about how the poorest don't pay income taxes?
Let me know when you finish spinning the wheel what it lands on next
You're the one with the spin. You first tried to cherry-pick "general welfare" out of the Constitution. When I asked how taking from one specific group to promote another specific group, you wanted to cherry pick again and drop the "general" part of the small part YOU cherry-picked in the first place.
Why is it you can't explain to me how the GENERAL welfare is promoted under our current socialized government? Could it be [MENTION=25032]ClosedCaption[/MENTION] it's because you're lying ass knows the GENERAL welfare is not being promoted - but instead a specific group is being targeted and another specific group is being "promoted"?
It's the only reason I can think of you keep running like a coward from a basic question...
Last time and example:
Taxes pay for roads. Roads are good for the GENERAL WELFARE of everyone even people who will never drive on it.
You dont get it, go read a book and stop trolling
Social Security SUCKS.....it is a ponzi scheme. And eventually all ponzi schemes fail.SS has been a success by every measure of the book.
Sorry kooks, but you lost.
yes, there should be a federal pension program for all American workers, but this thing is a mess. And soon enough it will be a broke mess
Every time one of you libs gleefully shouts "we won" or in obscene anger "you lost" it just exposes your ideology for what it is.
OMG....are Cons really comparing SS to prison....lmao.
The top 1% of the wealthy earn 13% of all income but pay 39% of all income taxes (that is 3x's as much taxes as their share of the income: 13x3=39)
The top 5% pay an astounding 64% of all income taxes
The top 20% the richalready pay 94.1% of income taxes
The bottom 60% pay on net less than zero income taxes, once the tax credits the government pays them are taken into account
Top 1% earns 13% of the wealth but pays 39% of the taxes
Top 5% paid 40% of taxes, what is their 'fair' share?
Top 20% Paid 94.1% of Income Taxes in 2009
Excerpt From: Wayne Allyn Root. The Ultimate Obama Survival Guide. Regnery Publishing, 2013-03-26. iBooks.
This material may be protected by copyright.
Check out this book on the iBooks Store: https://itunes.apple.com/us/book/ultimate-obama-survival-guide/id601965000?mt=11
Why is it you guys only discuss federal income taxes and never discuss the numbers when all taxation is included? I'll tell you why. Because if you include all forms of taxation, those numbers become drastically different, and the wealthy then only pay slightly more than percentage wise compared to their earnings. Just by including payroll taxes, the numbers change substantially, and then when you include state and local taxes, it really changes drastically, because lower income earners pay the highest percentage of state and local taxes. They also pay a much larger portion of their income in payroll taxes.
I'm so sick of this stupid argument, but hey, I'm sure you'll keep throwing it out there. What we should do is tax the wealthy less and tax the poor more.
