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And of course you'll still see people on here insisting that GW Bush crashed the economy.
The real estate business together with the lending( mortgage) business was doomed the minute the federal government started interfering with both.
No way could two unpaid for wars, a huge unpaid for tax cut and a huge unpaid for perscription drug program have ANYTHING to do with the state of the economy. No fuking way.
It was ONLY the housing crash. HEHEHEHEHEHEHE. (Brought to us by the "free market".)
Except it wasn't very "free".
Repeat after me a simple mantra for simple minded Rethugs; it is all Obama's fault, it is all Obama's fault, George Bush never existed, it is all Obamas fault.
There there now, feel better Rethugs?
On average, the wealthiest people in America pay a lot more taxes than the middle class or the poor, according to private and government data. They pay at a higher rate, and as a group, they contribute a much larger share of the overall taxes collected by the federal government.
The 10% of households with the highest incomes pay more than half of all federal taxes. They pay more than 70% of federal income taxes, according to the Congressional Budget Office.
Truth is hard for the Left
In fact, it is their worst enemy
Here is some truth for you that you may not be able to understand; I do not give a flying fuk if the ultra wealthy pay 50% of their income in federal income taxes. They will survive just fine.
Is that to hard to understand? Call it class warfare I don't give a shit what you call it. All I know is we need more money, they have it and I could care less if they pay more in taxes.
The ultra wealthy are not looking out for me why in the fuk would I care if they pay more in taxes. They have been using their wealth and influence to get lower taxes and higher incomes for years.
Why do you care? I just don't get it. And don't trot out the "fairness" bullshit. Just a water boy for the rich is all you are. Fool.
Top Marginal Rate after WWII was 92%, and most rich folks (after deductions that were geared towards helping keep the economy healthy) most paid at least 48%.
That was the same after JFK lowered the top Marginal Rate in 1961 to 71%.
Reagan and after, the tax burden shifted from the wealthy to working folks. And that was the problem. So did the wealth.
Rates do not equate to share of burden
From that right wing USA Today news
On average, the wealthiest people in America pay a lot more taxes than the middle class or the poor, according to private and government data. They pay at a higher rate, and as a group, they contribute a much larger share of the overall taxes collected by the federal government.
The 10% of households with the highest incomes pay more than half of all federal taxes. They pay more than 70% of federal income taxes, according to the Congressional Budget Office.
Truth is hard for the Left
In fact, it is their worst enemy
One more time.
Income taxes are only PART of the picture.
When you factor in sales taxes, gasoline taxes, Social Security, Medicare, state taxes, property taxes - the ugly truth is- the middle class is carrying the load, not the wealthy.
It's like you keep repeating this crap about the income tax with no critical thought at all.
Oh yes critical thinking
as you push the class envy crap with no basis
With bigger purchases and bigger houses and bigger incomes, do you think the "rich"
pay even more with those taxes
Just so you know, the gov't does not treat SS as a tax, but an earned benefit
since you get it back- funny I know
Too bad for the Left, it is not working
Actually the ugly truth the left wants to hide
You could take all the money from the rich and it would do
nothing for the problems
Since there are more middle class and if the left wants to pursue the failed
socialist policies, they will have to tax the middle class more and more
---------------------------------------------------------------
Top Marginal Rate after WWII was 92%, and most rich folks (after deductions that were geared towards helping keep the economy healthy) most paid at least 48%.
That was the same after JFK lowered the top Marginal Rate in 1961 to 71%.
Reagan and after, the tax burden shifted from the wealthy to working folks. And that was the problem. So did the wealth.
Rates do not equate to share of burden
From that right wing USA Today news
On average, the wealthiest people in America pay a lot more taxes than the middle class or the poor, according to private and government data. They pay at a higher rate, and as a group, they contribute a much larger share of the overall taxes collected by the federal government.
The 10% of households with the highest incomes pay more than half of all federal taxes. They pay more than 70% of federal income taxes, according to the Congressional Budget Office.
Truth is hard for the Left
In fact, it is their worst enemy
One more time.
Income taxes are only PART of the picture.
When you factor in sales taxes, gasoline taxes, Social Security, Medicare, state taxes, property taxes - the ugly truth is- the middle class is carrying the load, not the wealthy.
It's like you keep repeating this crap about the income tax with no critical thought at all.
Actually the ugly truth the left wants to hide
You could take all the money from the rich and it would do
nothing for the problems
Even after including all taxes, the richest fifth still pay more than everyone else.
The Left and their concerned trolls are so behind the times
The Hill New Poll Shows Most Voters Want Lower Taxes, Even on the Rich 2/27/12
Three-quarters of likely voters believe the nations top earners should pay lower, not higher, tax rates, according to a new poll for The Hill.
The big majority opted for a lower tax bill when asked to choose specific rates; precisely 75 percent said the right level for top earners was 30 percent or below.
The current rate for top earners is 35 percent. Only 4 percent thought it was appropriate to take 40 percent, which is approximately the level that President Obama is seeking from January 2013 onward.
The Hill Poll also found that 73 percent of likely voters believe corporations should pay a lower rate than the current 35 percent.
-------------------------------------------
Here boy
One thing I do have to admit.
I cannot for the life of me figure out why a middle class person, like the ones on here, give a shit about how much the ultra wealthy pay in income tax.
The ultra wealthy uses their wealth to influence decisions that benefit them. Only them.
And somehow they or the politicians they help elect have convinced you middle class folks that the ultra wealthy is looking out for you and therefore you need to look out for them and work tirelessly to keep them from paying a higher tax rate.
The ultra wealthy havedone a good job brainwashing you people. Get a clue.
Fuking crazy.
A right wing rag poll? Come on, you can do better than this. You are so two centuries ago!The Left and their concerned trolls are so behind the times
The Hill New Poll Shows Most Voters Want Lower Taxes, Even on the Rich 2/27/12
Three-quarters of likely voters believe the nation’s top earners should pay lower, not higher, tax rates, according to a new poll for The Hill.
The big majority opted for a lower tax bill when asked to choose specific rates; precisely 75 percent said the right level for top earners was 30 percent or below.
The current rate for top earners is 35 percent. Only 4 percent thought it was appropriate to take 40 percent, which is approximately the level that President Obama is seeking from January 2013 onward.
The Hill Poll also found that 73 percent of likely voters believe corporations should pay a lower rate than the current 35 percent.
Joe B like you are flyspecks.We mock what we do not understand.Sigh. You make this up all by yourself?
Look genius, if you think you might have something to add to the discussion, have at it.
Leaving drive by one liner posts only makes you appear ignorant.
In other words, you are violating copyright. And JoeB tears you a new butt hole below. Even when you cheat, your lose.
A right wing rag poll? Come on, you can do better than this. You are so two centuries ago!The Left and their concerned trolls are so behind the times
The Hill New Poll Shows Most Voters Want Lower Taxes, Even on the Rich 2/27/12
Three-quarters of likely voters believe the nations top earners should pay lower, not higher, tax rates, according to a new poll for The Hill.
The big majority opted for a lower tax bill when asked to choose specific rates; precisely 75 percent said the right level for top earners was 30 percent or below.
The current rate for top earners is 35 percent. Only 4 percent thought it was appropriate to take 40 percent, which is approximately the level that President Obama is seeking from January 2013 onward.
The Hill Poll also found that 73 percent of likely voters believe corporations should pay a lower rate than the current 35 percent.
Actually the ugly truth the left wants to hide
You could take all the money from the rich and it would do
nothing for the problems
OH horseshit.
How is it the ultra rich couldn't be taxed nough to "do nothing for the problem" but, if they could only pay less in taxes then the trickle down effect would kick in and all would be fine in the economy.
You know how stupid that sounds right? Not enough income tax to make a difference but with a bigger tax cut they would let some of their money "trickle" down to the rest of us.
Utter nonsense.
Name ONE THING that government manufactures or produces.
