Collarspace Discussion Forums


Home  Login  Search 

RE: Poll? Most Americans Want Tax Cuts for the Rich to Expire?


View related threads: (in this forum | in all forums)

Logged in as: Guest
 
All Forums >> [Community Discussions] >> Dungeon of Political and Religious Discussion >> RE: Poll? Most Americans Want Tax Cuts for the Rich to Expire? Page: <<   < prev  1 2 [3] 4   next >   >>
Login
Message << Older Topic   Newer Topic >>
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/16/2010 1:01:59 PM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline 		OH, YEAH we have heard that happy horseshit, again and again....They have had for some 10 year and till the end of this year had the break, and the job creation from that money is where?



_____________________________

Have they not divided the prey; to every man a damsel or two? Judges 5:30


(in reply to cuckoldmepls)
Profile   Post #: 41
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/16/2010 1:05:22 PM   
cuckoldmepls


Posts: 855
Joined: 11/29/2007
Status: offline 		The Congressioanl Budget office, a non partisan agency said that it won't matter whether you raise or lower taxes if you don't control spending first.

Now, why should Congress agree to any increase in taxes on anyone, if they have proven that they are unwilling to control their spending? That doesn't make sense.

What does make sense, is that the more you give them, the more they will demand.


(in reply to cuckoldmepls)
Profile   Post #: 42
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/16/2010 1:07:49 PM   
cuckoldmepls


Posts: 855
Joined: 11/29/2007
Status: offline 		Well the job creation has been in China and Mexico of course. What planet have you been living on the past 10 years. It will take some hardcore individuals with real backbone, not people who promise to renegotiate nafta then don't, to cancel nafta, and bring good paying manufacturing jobs back home for our unskilled labor force which we will always have.

(in reply to cuckoldmepls)
Profile   Post #: 43
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/16/2010 1:11:52 PM   
Moonhead


Posts: 16520
Joined: 9/21/2009
Status: offline 		Don't you find it a bit embarrassing to be complaining about outsourcing with an avatar of the Governor who's spent his term in office asset stripping California?

_____________________________

I like to think he was eaten by rats, in the dark, during a fog. It's what he would have wanted...
(Simon R Green on the late James Herbert)

(in reply to cuckoldmepls)
Profile   Post #: 44
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/16/2010 1:33:02 PM   
joether


Posts: 5195
Joined: 7/24/2005
Status: offline 		......

There really are some conservatives, that just dont think this stuff out, fully.

< Message edited by joether -- 9/16/2010 1:34:30 PM >

(in reply to cuckoldmepls)
Profile   Post #: 45
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/16/2010 2:29:11 PM   
CreativeDominant


Posts: 11032
Joined: 3/11/2006
Status: offline 		I found this:

From the Tax Foundation:

IRS data shows that in 2007—the most recent data available—the top 1 percent of taxpayers paid 40.4 percent of the total income taxes collected by the federal government. This is the highest percentage in modern history. By contrast, the top 1 percent paid 24.8 percent of the income tax burden in 1987, the year following the 1986 tax reform act. Remarkably, the share of the tax burden borne by the top 1 percent now exceeds the share paid by the bottom 95 percent of taxpayers combined.
 
Those interested in facts and figures from the I.R.S. rather than the "poor me" talking points might want to look at this:

http://www.taxfoundation.org/blog/show/24944.html




(in reply to joether)
Profile   Post #: 46
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/16/2010 2:32:50 PM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline 		Fantastic, we now have the sunset for the top two brackets..........20 years hence.


_____________________________

Have they not divided the prey; to every man a damsel or two? Judges 5:30


(in reply to CreativeDominant)
Profile   Post #: 47
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/16/2010 3:41:20 PM   
rulemylife


Posts: 14614
Joined: 8/23/2004
Status: offline
quote:

ORIGINAL: cuckoldmepls

What most people don't realize is that rich people are the ones who create jobs in this country by investing their money. If you increase taxes on them, then  less is available for investment in job creation.



First, it is not increasing taxes.  It is the planned expiration of temporary tax cuts.

Second, if these tax cuts caused so much money to be invested for job creation then why do we have high unemployment?

(in reply to cuckoldmepls)
Profile   Post #: 48
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/16/2010 3:45:00 PM   
Jeffff


Posts: 12600
Joined: 7/7/2007
Status: offline 		Most Americans want the tax cuts repealed but you don't?

In a recent thread you where upset that Obama doesn't listen to most Americans?

Which is it?

_____________________________

"If you don't live it, it won't come out your horn." Charlie Parker

(in reply to Sanity)
Profile   Post #: 49
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/16/2010 8:51:47 PM   
DomKen


Posts: 19457
Joined: 7/4/2004
From: Chicago, IL
Status: offline
quote:

ORIGINAL: CreativeDominant

I found this:

From the Tax Foundation:

IRS data shows that in 2007—the most recent data available—the top 1 percent of taxpayers paid 40.4 percent of the total income taxes collected by the federal government. This is the highest percentage in modern history. By contrast, the top 1 percent paid 24.8 percent of the income tax burden in 1987, the year following the 1986 tax reform act. Remarkably, the share of the tax burden borne by the top 1 percent now exceeds the share paid by the bottom 95 percent of taxpayers combined.
 
Those interested in facts and figures from the I.R.S. rather than the "poor me" talking points might want to look at this:

http://www.taxfoundation.org/blog/show/24944.html





Since, even with the tax cuts to the highest brackets, the tax rate remains progressive th eonly way to explain this is that more wealth has shifted to the top 1%. That is a very bad thing for the country.

(in reply to CreativeDominant)
Profile   Post #: 50
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/16/2010 11:04:23 PM   
Hippiekinkster


Posts: 5512
Joined: 11/20/2007
From: Liechtenstein
Status: offline
quote:

ORIGINAL: CreativeDominant

I found this:

From the Tax Foundation:

IRS data shows that in 2007—the most recent data available—the top 1 percent of taxpayers paid 40.4 percent of the total income taxes collected by the federal government. This is the highest percentage in modern history. By contrast, the top 1 percent paid 24.8 percent of the income tax burden in 1987, the year following the 1986 tax reform act. Remarkably, the share of the tax burden borne by the top 1 percent now exceeds the share paid by the bottom 95 percent of taxpayers combined.
 
Those interested in facts and figures from the I.R.S. rather than the "poor me" talking points might want to look at this:

http://www.taxfoundation.org/blog/show/24944.html




Knowing the % of Fed taxas collected has no meaning, unless one compares it to the % increase in total income the top 1% "earned".

If they pay 40% of the taxes, up from 30% over 20 years, but their income has increased by more than 33%, then their tax burden has DECREASED.

If you investigate further, I think you'll find that that is the case; hence the unconscionable increase in the poverty rate and the destruction of the middle class.

Why do you support the Mellons, Kochs, and others who are a hereditary oligarchy, who want nothing more than to make you completely dependent on their corporations?


_____________________________

"We are convinced that freedom w/o Socialism is privilege and injustice, and that Socialism w/o freedom is slavery and brutality." Bakunin

“Nothing we do, however virtuous, can be accomplished alone; therefore we are saved by love.” Reinhold Ne

(in reply to CreativeDominant)
Profile   Post #: 51
RE: Poll: Most Americans Want Tax Cuts for the Rich to ... - 9/17/2010 1:03:53 PM   
truckinslave


Posts: 3897
Joined: 6/16/2004
Status: offline 		The tax cuts will not expire. 31 House Dims have wrisked the wrath of Wpelosi to go on record against letting them expire.
Raising taxes on employers right now is a good way to cause a double dip recession.

< Message edited by truckinslave -- 9/17/2010 1:04:11 PM >

_____________________________

1. Islam and sharia are indivisible.
2. Sharia is barbaric, homophobic, violent, and inimical to the most basic Western values (including free speech and freedom of religion). (Yeah, I know: SEE: Irony 101).
ERGO: Islam has no place in America.

(in reply to jlf1961)
Profile   Post #: 52
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/17/2010 2:42:51 PM   
rulemylife


Posts: 14614
Joined: 8/23/2004
Status: offline
quote:

ORIGINAL: CreativeDominant

I found this:

From the Tax Foundation:

IRS data shows that in 2007—the most recent data available—the top 1 percent of taxpayers paid 40.4 percent of the total income taxes collected by the federal government. This is the highest percentage in modern history. By contrast, the top 1 percent paid 24.8 percent of the income tax burden in 1987, the year following the 1986 tax reform act. Remarkably, the share of the tax burden borne by the top 1 percent now exceeds the share paid by the bottom 95 percent of taxpayers combined.
 
Those interested in facts and figures from the I.R.S. rather than the "poor me" talking points might want to look at this:

http://www.taxfoundation.org/blog/show/24944.html






Shocking isn't it?

Imagine those with the most financial resources having to pay most of the taxes.




(Who Rules America: Wealth, Income, and Power)

(in reply to CreativeDominant)
Profile   Post #: 53
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/17/2010 2:47:32 PM   
truckinslave


Posts: 3897
Joined: 6/16/2004
Status: offline
quote:

Since, even with the tax cuts to the highest brackets, the tax rate remains progressive th eonly way to explain this is that more wealth has shifted to the top 1%. That is a very bad thing for the country.


You mean more income.
The increasing shift in wealth to the upper 1,5. 10% is a slightly different problem; and it is, imo, a problem.

_____________________________

1. Islam and sharia are indivisible.
2. Sharia is barbaric, homophobic, violent, and inimical to the most basic Western values (including free speech and freedom of religion). (Yeah, I know: SEE: Irony 101).
ERGO: Islam has no place in America.

(in reply to DomKen)
Profile   Post #: 54
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/17/2010 2:50:14 PM   
truckinslave


Posts: 3897
Joined: 6/16/2004
Status: offline 		Thanx for the pie chart. It seems to be addressing wealth, not income- but in my view that's actually a bigger problem than income.

_____________________________

1. Islam and sharia are indivisible.
2. Sharia is barbaric, homophobic, violent, and inimical to the most basic Western values (including free speech and freedom of religion). (Yeah, I know: SEE: Irony 101).
ERGO: Islam has no place in America.

(in reply to rulemylife)
Profile   Post #: 55
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/17/2010 3:39:12 PM   
rulemylife


Posts: 14614
Joined: 8/23/2004
Status: offline
quote:

ORIGINAL: truckinslave

Thanx for the pie chart. It seems to be addressing wealth, not income- but in my view that's actually a bigger problem than income.


Wealth generates income.

But even if you want to look at income alone you will find the numbers very similar:


How Progressive is the US Federal Tax System?


In fact, most of the overall increase in the inequality of income has been driven by
the very top of the income distribution. The U.S. Bureau of the Census reports,
using a somewhat different definition of income than ours, that the top quintile of
the income distribution received 43–44 percent of all income in the 1970s, but this
share had increased to about 50 percent by 2001.

Piketty and Saez (2003) show that
most of the relative income gains for the top quintile have been concentrated
within the top 1 percent—and especially the top 0.1 percent—with relatively
modest gains in the top decile excluding the top percentile (P90–95 and P95–99).


Second, the composition of top incomes has changed substantially. Figure 2 shows
the breakdown into wage income, business income, capital income (including imputed
corporate taxes), and realized capital gains. In the 1960s, top incomes were primarily
composed of capital income: mostly dividends and capital gains. The surge in top
incomes since the 1970s has been driven in large part by a steep increase in the labor
income component, due in large part to the explosion of executive compensation. As
a result, labor income now represents a substantial fraction of income at the top.



< Message edited by rulemylife -- 9/17/2010 4:04:20 PM >

(in reply to truckinslave)
Profile   Post #: 56
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/17/2010 3:49:42 PM   
Moonhead


Posts: 16520
Joined: 9/21/2009
Status: offline 		That's a big white gap.

_____________________________

I like to think he was eaten by rats, in the dark, during a fog. It's what he would have wanted...
(Simon R Green on the late James Herbert)

(in reply to rulemylife)
Profile   Post #: 57
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/17/2010 3:50:36 PM   
jlf1961


Posts: 14840
Joined: 6/10/2008
From: Somewhere Texas
Status: offline
quote:

ORIGINAL: Moonhead

That's a big white gap.


Maybe it is to represent the gap between the highest income people and the middle class?

_____________________________

Boy, it sure would be nice if we had some grenades, don't you think?

You cannot control who comes into your life, but you can control which airlock you throw them out of.

Paranoid Paramilitary Gun Loving Conspiracy Theorist AND EQUAL OPPORTUNI

(in reply to Moonhead)
Profile   Post #: 58
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/17/2010 3:52:00 PM   
Moonhead


Posts: 16520
Joined: 9/21/2009
Status: offline 		Maybe.

_____________________________

I like to think he was eaten by rats, in the dark, during a fog. It's what he would have wanted...
(Simon R Green on the late James Herbert)

(in reply to jlf1961)
Profile   Post #: 59
RE: Poll? Most Americans Want Tax Cuts for the Rich to ... - 9/17/2010 3:53:18 PM   
jlf1961


Posts: 14840
Joined: 6/10/2008
From: Somewhere Texas
Status: offline 		or he used enter or the space key a hell of a lot

_____________________________

Boy, it sure would be nice if we had some grenades, don't you think?

You cannot control who comes into your life, but you can control which airlock you throw them out of.

Paranoid Paramilitary Gun Loving Conspiracy Theorist AND EQUAL OPPORTUNI

(in reply to Moonhead)
Profile   Post #: 60
Page:   <<   < prev  1 2 [3] 4   next >   >>
All Forums >> [Community Discussions] >> Dungeon of Political and Religious Discussion >> RE: Poll? Most Americans Want Tax Cuts for the Rich to Expire? Page: <<   < prev  1 2 [3] 4   next >   >>
Jump to:





New Messages No New Messages
Hot Topic w/ New Messages Hot Topic w/o New Messages
Locked w/ New Messages Locked w/o New Messages
 Post New Thread
 Reply to Message
 Post New Poll
 Submit Vote
 Delete My Own Post
 Delete My Own Thread
 Rate Posts




Collarchat.com © 2025
Terms of Service Privacy Policy Spam Policy

0.094