Who pays taxes in America? Certainly not who RWers think...

[francoHFW]

They go immediately to Federal income taxes, which after all the Reaganist cuts are now less than payroll taxes, while state and local taxes kill the nonrich. Take growing fees into account, and everyone's paying 20-30%, and 95% of new wealth goes to the 1%. The GOP wants more cuts for the rich...
Who Pays Taxes in America CTJReports

They go immediately to Federal income taxes, which after all the Reaganist cuts are now less than payroll taxes,

Can you believe it? The non-rich pay more in payroll taxes (15.3%) than they do in income taxes.
Damn those Republicans for cutting middle class income tax rates.
And for not privatizing Social Security and Medicare.
If they had, what would franco whine about?

And then the hater dupes believe 47% pay no taxes. Not devisive, hateful bs at all...AND 95% of newe wealth goes to the 1% and the country is falling apart. see sig. Great job.

View attachment 46454

And then the hater dupes believe 47% pay no taxes.

Well, according to your source, the bottom quintile pays 5.0% in Federal taxes.
The quintile above that pays 9.5%.
Neat trick when payroll taxes add up to 15.3%. It's almost like they pay negative income taxes.

YOU said they paid 15.3% in payroll taxes, lol chump. Unbelievable.

 

[Obiwan]

The 1% pay much less then they should. They're cheats.

How do they cheat you Matt?

They don't want to pay for the roads they drive on, they offshore industry to china, and off shore their money to keep it from being taxed.

Why do they deserve more and the poor deserve to die on the street?

They don't want to pay for the roads they drive on

Rich people pay gas taxes just like you.

Do you understand what "Percentage of Income" means?

Yeah, Hillary should be paying 90% to cover your Obama Bucks !!! And she only pays 37%???

What, does that bitch need welfare too???

 

[defcon4]

They go immediately to Federal income taxes, which after all the Reaganist cuts are now less than payroll taxes, while state and local taxes kill the nonrich. Take growing fees into account, and everyone's paying 20-30%, and 95% of new wealth goes to the 1%. The GOP wants more cuts for the rich...
Who Pays Taxes in America CTJReports

They go immediately to Federal income taxes, which after all the Reaganist cuts are now less than payroll taxes,

Can you believe it? The non-rich pay more in payroll taxes (15.3%) than they do in income taxes.
Damn those Republicans for cutting middle class income tax rates.
And for not privatizing Social Security and Medicare.
If they had, what would franco whine about?

And then the hater dupes believe 47% pay no taxes. Not devisive, hateful bs at all...AND 95% of newe wealth goes to the 1% and the country is falling apart. see sig. Great job.

….envying much?

I'd rather have a big middle class and be the best at infrastructure, science and education....Having a bunch of super rich cheats with a massive low class is very mexican...

If you look at it from the private sector viewpoint, private companies did and do more R&D than government. It is simply business. Do you think if a pharma co. found the cure for cancer it wouldn't make huge sales? It is their interest to r&d. Government grants to fucking universities mostly a waste of money.

 

[auditor0007]

The 1% pay much less then they should. They're cheats.

They pay nearly half of all the federal taxes, dumb ass.

Top 1 pay nearly half of federal income taxes

What percentage of payroll taxes do they pay? What percentage of excise taxes do they pay? What percentage of state taxes do they pay? What percentage of local taxes do they pay? The answer to all those is less than everyone else. I get so tired of the federal income tax comparison as if federal income taxes are the only taxes paid in this country. I'm not even making an argument that they don't pay enough. I'm just sick of people using the rate of income taxes they pay as a defense while they ignore all other taxes because it's ludicrous to only discuss what amounts to about 35% of total taxes paid in this country while ignoring the rest.

 

[DrDoomNGloom]

How bout it stupid ??

U.S. Companies Are Stashing $2.1 Trillion Overseas to Avoid Taxes

U.S. Companies Are Stashing 2.1 Trillion Overseas to Avoid Taxes - Bloomberg Business

 

[Obiwan]

They go immediately to Federal income taxes, which after all the Reaganist cuts are now less than payroll taxes, while state and local taxes kill the nonrich. Take growing fees into account, and everyone's paying 20-30%, and 95% of new wealth goes to the 1%. The GOP wants more cuts for the rich...
Who Pays Taxes in America CTJReports

They go immediately to Federal income taxes, which after all the Reaganist cuts are now less than payroll taxes,

Can you believe it? The non-rich pay more in payroll taxes (15.3%) than they do in income taxes.
Damn those Republicans for cutting middle class income tax rates.
And for not privatizing Social Security and Medicare.
If they had, what would franco whine about?

And then the hater dupes believe 47% pay no taxes. Not devisive, hateful bs at all...AND 95% of newe wealth goes to the 1% and the country is falling apart. see sig. Great job.

This should be illegal...Shit like this has destroyed our middle class!

Obama's policies have.

 

[Toddsterpatriot]

They go immediately to Federal income taxes, which after all the Reaganist cuts are now less than payroll taxes, while state and local taxes kill the nonrich. Take growing fees into account, and everyone's paying 20-30%, and 95% of new wealth goes to the 1%. The GOP wants more cuts for the rich...
Who Pays Taxes in America CTJReports

They go immediately to Federal income taxes, which after all the Reaganist cuts are now less than payroll taxes,

Can you believe it? The non-rich pay more in payroll taxes (15.3%) than they do in income taxes.
Damn those Republicans for cutting middle class income tax rates.
And for not privatizing Social Security and Medicare.
If they had, what would franco whine about?

And then the hater dupes believe 47% pay no taxes. Not devisive, hateful bs at all...AND 95% of newe wealth goes to the 1% and the country is falling apart. see sig. Great job.

View attachment 46454

And then the hater dupes believe 47% pay no taxes.

Well, according to your source, the bottom quintile pays 5.0% in Federal taxes.
The quintile above that pays 9.5%.
Neat trick when payroll taxes add up to 15.3%. It's almost like they pay negative income taxes.

YOU said they paid 15.3% in payroll taxes, lol chump. Unbelievable.

EITC, moron. Among others.

 

[francoHFW]

They go immediately to Federal income taxes, which after all the Reaganist cuts are now less than payroll taxes, while state and local taxes kill the nonrich. Take growing fees into account, and everyone's paying 20-30%, and 95% of new wealth goes to the 1%. The GOP wants more cuts for the rich...
Who Pays Taxes in America CTJReports

They go immediately to Federal income taxes, which after all the Reaganist cuts are now less than payroll taxes,

Can you believe it? The non-rich pay more in payroll taxes (15.3%) than they do in income taxes.
Damn those Republicans for cutting middle class income tax rates.
And for not privatizing Social Security and Medicare.
If they had, what would franco whine about?

And then the hater dupes believe 47% pay no taxes. Not devisive, hateful bs at all...AND 95% of newe wealth goes to the 1% and the country is falling apart. see sig. Great job.

This should be illegal...Shit like this has destroyed our middle class!

Obama's policies have.

Total bs. TOTAL Pub OBSTRUCTION of Obama policy, brainwashed functional moron.

 

[francoHFW]

They go immediately to Federal income taxes, which after all the Reaganist cuts are now less than payroll taxes, while state and local taxes kill the nonrich. Take growing fees into account, and everyone's paying 20-30%, and 95% of new wealth goes to the 1%. The GOP wants more cuts for the rich...
Who Pays Taxes in America CTJReports

They go immediately to Federal income taxes, which after all the Reaganist cuts are now less than payroll taxes,

Can you believe it? The non-rich pay more in payroll taxes (15.3%) than they do in income taxes.
Damn those Republicans for cutting middle class income tax rates.
And for not privatizing Social Security and Medicare.
If they had, what would franco whine about?

And then the hater dupes believe 47% pay no taxes. Not devisive, hateful bs at all...AND 95% of newe wealth goes to the 1% and the country is falling apart. see sig. Great job.

View attachment 46454

And then the hater dupes believe 47% pay no taxes.

Well, according to your source, the bottom quintile pays 5.0% in Federal taxes.
The quintile above that pays 9.5%.
Neat trick when payroll taxes add up to 15.3%. It's almost like they pay negative income taxes.

YOU said they paid 15.3% in payroll taxes, lol chump. Unbelievable.

EITC, moron. Among others.

Let's just pay them and skip that Reaganist scam...

 

[auditor0007]

How bout it stupid ??

U.S. Companies Are Stashing $2.1 Trillion Overseas to Avoid Taxes

U.S. Companies Are Stashing 2.1 Trillion Overseas to Avoid Taxes - Bloomberg Business

Companies should not have to pay taxes on profits made outside of the US, so long as they are legitimate and not just moving money around.

 

[DrDoomNGloom]

What percentage of payroll taxes do they pay?

They are responsible for the same standard deductions you are moron.

What percentage of excise taxes do they pay?

Same as you moron, excise taxes are taxes on goods such as cigarettes or gasoline and usually included in the price.

What percentage of state taxes do they pay?

They use the same state tax forms and tables as you do moron.

What percentage of local taxes do they pay?

They are held to the same tax tables and deductions locally as you moron.

The answer to all those is less than everyone else. I get so tired of the federal income tax comparison as if federal income taxes are the only taxes paid in this country.

Considering it is the only relevant tax we have been discussing is Federal, all other are equal or just as slanted against the rich moron.

I'm not even making an argument that they don't pay enough. I'm just sick of people using the rate of income taxes they pay as a defense while they ignore all other taxes because it's ludicrous to only discuss what amounts to about 35% of total taxes paid in this country while ignoring the rest.

So give us that break down of where the other 65% come from fucking moron ...................

 

[Toddsterpatriot]

The 1% pay much less then they should. They're cheats.

They pay nearly half of all the federal taxes, dumb ass.

Top 1 pay nearly half of federal income taxes

What percentage of payroll taxes do they pay? What percentage of excise taxes do they pay? What percentage of state taxes do they pay? What percentage of local taxes do they pay? The answer to all those is less than everyone else. I get so tired of the federal income tax comparison as if federal income taxes are the only taxes paid in this country. I'm not even making an argument that they don't pay enough. I'm just sick of people using the rate of income taxes they pay as a defense while they ignore all other taxes because it's ludicrous to only discuss what amounts to about 35% of total taxes paid in this country while ignoring the rest.

What percentage of payroll taxes do they pay?

The same %, up to the taxable limit.

What percentage of excise taxes do they pay?

The same amount per pack of smokes. The same amount per bottle of booze.

What percentage of state taxes do they pay?

Here in Illinois, we all pay 3.75% on our income.
In states like California, the state tax is steeply progressive.

What percentage of local taxes do they pay?

They pay the same sales tax, on higher amounts of purchases.
They pay more property tax on bigger houses.

The answer to all those is less than everyone else.

LOL! That's funny.

 

[DrDoomNGloom]

Summary of Latest Federal Income Tax Data

December 22, 2014
By
Kyle Pomerleau,
Andrew Lundeen
FISCAL FACT 445: Summary of Latest Federal Income Tax Data (PDF)
FF445: Summary of Latest Federal Income Tax Data (EXCEL)
The Internal Revenue Service has recently released new data on individual income taxes for calendar year 2012, showing the number of taxpayers, adjusted gross income, and income tax shares by income percentiles.[1]

The data demonstrates that the U.S. individual income tax continues to be very progressive, borne mainly by the highest income earners.

• In 2012, 136.1 million taxpayers reported earning $9.04 trillion in adjusted gross income and paid $1.1 trillion in income taxes.
• All income groups increased their income and taxes paid over the previous year.
• The top 1 percent of taxpayers earned their largest share of income since 2007 at 21.9 percent of total AGI and paid their largest share of the income tax burden since the same year at 38.1 percent of total income taxes.
• In 2012, the top 50 percent of all taxpayers (68 million filers) paid 97.2 percent of all income taxes while the bottom 50 percent paid the remaining 2.8 percent.
• The top 1 percent (1.3 million filers) paid a greater share of income taxes (38.1 percent) than the bottom 90 percent (122.4 million filers) combined (29.8 percent).
• The top 1 percent of taxpayers paid a higher effective income tax rate than any other group at 22.8 percent, which is nearly 7 times higher than taxpayers in the bottom 50 percent (3.28 percent).

Taxpayers Reported $9.04 Trillion in Adjusted Gross Income and Paid $1.19 Trillion in Income Taxes in 2012
Taxpayers reported $9.04 trillion in adjusted gross income (AGI) on 136.1 million tax returns in 2012. This represents $725 billion in additional income over 2011 on 500,000 fewer tax returns. While the majority of the income gain went to the top 5 percent of taxpayers (those making $175,817 or more), every income group experienced an increase in income in 2012. Due to the increase in incomes, taxes paid increased by $142 billion to $1.185 trillion in 2012. Taxes paid increased for all income groups.

The share of income earned by the top 1 percent increased to 21.9 percent of total AGI, the highest level since the peak year of 2007 (22.9 percent of total AGI). The share of the income tax burden for the top 1 percent increased to 38.1 percent from 35.1 percent in 2011, also the highest level since the peak in 2007 (39.8 percent).


Top 50 Percent of All Taxpayers Paid 97.2 Percent of All Federal Income Taxes; Top 1 Percent Paid 38.1 Percent; and Bottom 90 Percent Paid 29.7 Percent of All Federal Income Taxes
Figure 1 shows the distribution of AGI and income taxes paid by income percentiles in 2012. In 2012, the bottom 50 percent of taxpayers (those with AGIs below $36,055) earned 11.1 percent of total AGI. This group of taxpayers paid approximately $33 billion in taxes, or 2.8 percent of all income taxes in 2012.

In contrast, the top 1 percent of all taxpayers (taxpayers with AGIs of $434,682 and above), earned 21.9 percent of all AGI in 2012, but paid 38.1 percent of all federal income taxes.

Combined, the top 1 percent of taxpayers (those with AGIs above $434,682) accounted for more income taxes paid than the bottom 90 percent (those with AGIs below $125,195) combined. In 2012, the top 1 percent of taxpayers paid $451 billion in income taxes, or 38.1 percent of all income taxes while the bottom 90 percent paid $353 billion in income taxes, or 29.8 percent of all income taxes paid.



The Top 1 Percent’s Effective Tax Rate Is Nearly Seven Times Higher than the Bottom 50 percent’s
The 2012 IRS data shows that taxpayers with higher incomes pay much higher effective income tax rates than lower-income taxpayers.

The bottom 50 percent of taxpayers (taxpayers with AGIs under $36,055) faced an average effective income tax rate of 3.3 percent. As taxpayer AGI increases, the IRS data shows that average income tax rates rise. For example, taxpayers with AGIs between the 10th and 5th percentile ($125,195 and $175,817) pay an average effective rate of 13.3 percent—four times the rate paid by those in the bottom 50 percent.

The top 1 percent of taxpayers (AGI of $434,682 and higher) paid the highest effective income tax rate at 22.8 percent, 6.9 times the rate faced by the bottom 50 percent of taxpayers. The top 1 percent’s average effective tax rate for 2012 of 22.8 percent was slightly lower than that of 2011 (23.5 percent).

Taxpayers at the very top of the income distribution, the top 0.1 percent, which includes taxpayers with incomes over $2.2 million, actually paid a slightly lower income tax rate than the top 1 percent (21.7 percent versus 22.8 percent). This is due to the fact that very high income taxpayers are more likely to report a greater share of their income as taxable capital gains income. This leads to a slightly lower effective tax rate because capital gains and dividends income faces a lower top income tax rate (23.8 percent) than wage and business income (39.6 percent). It is important to note, however, that capital gains taxes at the individual level are the second layer of tax after the corporate income tax (which is 35 percent).



Summary of Latest Federal Income Tax Data Tax Foundation

 

[francoHFW]

Who Pays Taxes in America?
April 4, 2012 02:47 PM | Permalink |
Click Here for the 2013 Edition of this Report

Read the PDF of this report.
It’s often claimed that the richest Americans pay a disproportionate share of taxes while those in the bottom half pay nothing. These claims ignore the many taxes that most Americans are subject to — federal payroll taxes, federal excise taxes, state and local taxes — and focus instead on just one tax, the federal personal income tax. The other taxes are mostly regressive, meaning they take a larger share of income from a poor or middle-income family than they take from a rich family.[1]
Many Americans do not have enough income to owe federal personal income taxes, but do pay these other taxes. The federal personal income tax is a progressive tax, and the combination of this tax with the other (mostly regressive) taxes results in a tax system that is, overall, just barely progressive. Total tax obligations are, on average, fairly proportional to income.
This table illustrates the share of total taxes (all federal, state and local taxes) paid by Americans in different income groups in 2011.

• The share of total taxes paid by each income group is similar to that group’s share of total income.
• The share of total taxes paid by the richest one percent (21.6 percent) is almost identical to that group’s share of total income (21.0 percent).
• The total effective tax rate for the richest one percent (29.0 percent) is only about four percentage points higher than the total effective tax rate for the middle fifth of taxpayers (25.2 percent).[2]
• The share of total taxes paid by the poorest fifth of Americans (2.1 percent) is only slightly less than this group’s share of total income (3.4 percent).
Virtually every person in America pays some type of tax. Everyone who works pays federal payroll taxes. Everyone who buys gasoline pays federal and state gas taxes. People who shop in stores pay the sales taxes that most state and local governments impose. State and local property taxes affect everyone who owns or rents a home. (Even renters pay property taxes because landlords pass some of the tax on to them in the form of higher rents). Most states also have income taxes, most of which are not particularly progressive.

 

[francoHFW]

Add ever increasing fees and it flattens more, and 95% of new wealth goes to the 1%. Blaming Obama is STUPID, dupes. Pubs defend this bs to the death.

 

[my2¢]

"Adjusted gross income" - Conservatives want to simplify the tax code by having a single tax rate. However the vast majority of that code deals with defining income, of which wages are the most discriminated against.

 

[Moonglow]

Working people with money pay taxes.

You can relax. Your welfare and food stamps are nontaxable, compliments of the hardworking people you leech off of.

That's good what day do you get your SNAP on?

 

[Toddsterpatriot]

Add ever increasing fees and it flattens more, and 95% of new wealth goes to the 1%. Blaming Obama is STUPID, dupes. Pubs defend this bs to the death.

95% of new wealth goes to the 1%

I love this moronic claim.
The year after a deep recession, when corporations were still cutting jobs, rich people
made money in the stock market. Now morons will keep repeating a once in a lifetime occurrence
as if it were the case year after year after year.
Shit, you're stupid.

 

[ScienceRocks]

They go immediately to Federal income taxes, which after all the Reaganist cuts are now less than payroll taxes, while state and local taxes kill the nonrich. Take growing fees into account, and everyone's paying 20-30%, and 95% of new wealth goes to the 1%. The GOP wants more cuts for the rich...
Who Pays Taxes in America CTJReports

They go immediately to Federal income taxes, which after all the Reaganist cuts are now less than payroll taxes,

Can you believe it? The non-rich pay more in payroll taxes (15.3%) than they do in income taxes.
Damn those Republicans for cutting middle class income tax rates.
And for not privatizing Social Security and Medicare.
If they had, what would franco whine about?

And then the hater dupes believe 47% pay no taxes. Not devisive, hateful bs at all...AND 95% of newe wealth goes to the 1% and the country is falling apart. see sig. Great job.

This should be illegal...Shit like this has destroyed our middle class!

Obama's policies have.

Total bs. TOTAL Pub OBSTRUCTION of Obama policy, brainwashed functional moron.

Our middle class started getting screwed over with Nixon kissing China's ass in the early 70's. Reagan lowered taxes to the ground on the super rich!!! What did they do for us??? Sent most of our industry to the third world and made super profit.

We were better off between 1920-1970.

 

[Dont Taz Me Bro]

What percentage of payroll taxes do they pay?

The same as everyone else.

What percentage of excise taxes do they pay?

The same rate as everyone else and being that they consume more than we do they are contributing more.

What percentage of state taxes do they pay?

Most states that have an income tax have a progressive one, so again, more.

What percentage of local taxes do they pay?

Have you seen the houses they live in? The cars and boats they own? I would gather considerably more than I do.

The answer to all those is less than everyone else. I get so tired of the federal income tax comparison as if federal income taxes are the only taxes paid in this country. I'm not even making an argument that they don't pay enough. I'm just sick of people using the rate of income taxes they pay as a defense while they ignore all other taxes because it's ludicrous to only discuss what amounts to about 35% of total taxes paid in this country while ignoring the rest.

I don't think you put a whole of thought into your questions.