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VIDEO: Paul Ryan Booed At Town Hall For Defending Tax B... - 4/20/2011 7:54:09 PM   
Brain


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This video shows conservative seniors question Paul Ryan about current tax levels on the rich. Mr. Ryan seems to have a tough time talking to seniors in Wisconsin.


VIDEO: Paul Ryan Booed At Town Hall For Defending Tax Breaks For The Wealthy
ThinkProgress filed this report from a town hall meeting in Milton, WI.

Earlier this week, Rep. Paul Ryan (R-WI) embarked on a series of town halls across his southern Wisconsin congressional district. Ryan has gained notoriety in recent weeks as the architect of the Republican budget which extends tax breaks for the wealthy and phases out Medicare. House Republicans voted 235-4 in favor of the plan.

http://thinkprogress.org/2011/04/20/paul-ryan-wealthy-tax-breaks/

Paul Ryan




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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/21/2011 8:41:57 AM   
tweakabelle


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Couldn't happen to a nicer guy ....could it?

And what's wrong with tax breaks for the rich and wealthy? You surely don't expect them to pay through the nose like the peons do you?

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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/21/2011 11:37:27 AM   
DomYngBlk


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quote:

ORIGINAL: Brain

This video shows conservative seniors question Paul Ryan about current tax levels on the rich. Mr. Ryan seems to have a tough time talking to seniors in Wisconsin.


VIDEO: Paul Ryan Booed At Town Hall For Defending Tax Breaks For The Wealthy
ThinkProgress filed this report from a town hall meeting in Milton, WI.

Earlier this week, Rep. Paul Ryan (R-WI) embarked on a series of town halls across his southern Wisconsin congressional district. Ryan has gained notoriety in recent weeks as the architect of the Republican budget which extends tax breaks for the wealthy and phases out Medicare. House Republicans voted 235-4 in favor of the plan.

http://thinkprogress.org/2011/04/20/paul-ryan-wealthy-tax-breaks/

Paul Ryan





Looks like he should be starring in the night of the living dead

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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/21/2011 12:22:17 PM   
CreativeDominant


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quote:

ORIGINAL: tweakabelle

Couldn't happen to a nicer guy ....could it?

And what's wrong with tax breaks for the rich and wealthy? You surely don't expect them to pay through the nose like the peons do you?
from http://finance.yahoo.com/news/Nearly-half-of-US-households-apf-110556

In recent years, credits for low- and middle-income families have grown so much that a family of four making as much as $50,000 will owe no federal income tax for 2009, as long as there are two children younger than 17, according to a separate analysis by the consulting firm Deloitte Tax.

Tax cuts enacted in the past decade have been generous to wealthy taxpayers, too, making them a target for President Barack Obama and Democrats in Congress. Less noticed were tax cuts for low- and middle-income families, which were expanded when Obama signed the massive economic recovery package last year.

The result is a tax system that exempts almost half the country from paying for programs that benefit everyone, including national defense, public safety, infrastructure and education. It is a system in which the top 10 percent of earners -- households making an average of $366,400 in 2006 -- paid about 73 percent of the income taxes collected by the federal government.

The bottom 40 percent, on average, make a profit from the federal income tax, meaning they get more money in tax credits than they would otherwise owe in taxes. For those people, the government sends them a payment.

from: http://www.ourfiscalfuture.org/can-income-tax-rate-hikes-close-the-deficit/

According to the Tax Foundation’s Microsimulation Model, to erase the 2010 deficit, Congress would have to multiply each tax rate by 2.4. So the 10-percent rate would be 24 percent; the 15-percent rate would be 36 percent, etc., on up to the top rate, currently 35 percent which would have to be 85 percent. These rates are simply untenable.

There goes that idea that only the poor pay taxes,doesn't it?

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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/21/2011 12:55:24 PM   
Edwynn


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quote:

ORIGINAL: CreativeDominant

The bottom 40 percent, on average, make a profit from the federal income tax, meaning they get more money in tax credits than they would otherwise owe in taxes. For those people, the government sends them a payment.




Did any of them get a $3.2 billion check from the government like GE did?


And are we to bemoan the some of those more than 6,000 individual earners with incomes of over $1,000,000 (in some cases well above) in 2009 who merely broke even and paid zero tax but got no check from Uncle Sam? Not all of the over 6,000, mind you, I'm sure at least over half of them got a check too. But this definitely proves the inherent unfairness of our tax system when some millionaire earners get a check back while others suffer merely paying no tax.



Oh, the humanity!





< Message edited by Edwynn -- 4/21/2011 12:58:53 PM >

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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/21/2011 3:12:21 PM   
tazzygirl


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quote:

In recent years, credits for low- and middle-income families have grown so much that a family of four making as much as $50,000 will owe no federal income tax for 2009, as long as there are two children younger than 17, according to a separate analysis by the consulting firm Deloitte Tax.


Yeah, that 31 dollar refund will go a long way.

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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/21/2011 4:38:57 PM   
ladyneedshelp


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People keep harping about the millionairs.... if one inherits his wealth and gets profits off investments it is taxed at a diffrent and less percent than income.....and anyone making that kind of income is not getting refunds.
What the progressive don't tell you is that diffrence OR that they have their eyes on everyones income.....and will get it if not thru income tax then thru taxing products and services ....ie the tanning tax.


The tax credit that most people in the bottom half of the wage earners get is not 31 dollars ....more like 3 to 6 thousand over and above anything they over paid. I made 20 thousand Dlost Y due to economy...but I stilll have a job!!) and paid in over 9 hundred federal taxes.....my credits with one dependent was 3thousand 2 hundred. I know a family of 4 making 60 thous getting back over 6 thousand dollars! And where did that money come from? The wealthy.

Our problem is not how much the govt takes in...its what they do with it when they get it and how much more they are spending over and above what the can ever hope to take in.

The govt once promised to put the s.s. money in a proverable lock box to be used only to pay s.s.....instead they put it in the general fund......now its catching up and will soon be paying out more than its taking in. Shit like that is about dumb and the progressivezs reble rouse....tell us it all the evil rich peoples fault and people fall in line....
"Hang the bastards" Just because they created jobs for many people don't mean they should get rich. Screw them all the govt will take care of us.......

Course its gonna be expensive..... President. Obama said on the campain....if grandma needs a hip replacement and she's old.......it would be better if she was just given the blue pill....and on his current campain trail (has he ever gotten off the traiiil?) Just yesterday he told a young man with low income that buying a house was just not an option....some people are better off renting......

But its ok...the govt will take care of us.

Don't listen to that crazy republican......President Obama says rayanKs plan was gonna take away medicare and leave autustic kids and families to fend for them selves (not true). So don't listen to him........listen to the president....his momma got on foodstamps before there was a food stamp law.....he understands ur pain.......


Change we can believe in?......the President wouldn't lie.........

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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/21/2011 4:57:57 PM   
DomKen


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Maybe if John Paulson paid his fair share of his income instead of trying to get his huge fortune declared tax free we wouldn't be in a fiscal "crisis."
http://www.dailykos.com/story/2011/04/20/968346/-The-difference-one-billionaire-tax-dodger-can-makeUPDATED

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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/21/2011 5:14:14 PM   
ThatDamnedPanda


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quote:

ORIGINAL: ladyneedshelp









People keep harping about the millionairs.... if one inherits his wealth and gets profits off investments it is taxed at a diffrent and less percent than income.....and anyone making that kind of income is not getting refunds.
What the progressive don't tell you is that diffrence OR that they have their eyes on everyones income.....and will get it if not thru income tax then thru taxing products and services ....ie the tanning tax.


The tax credit that most people in the bottom half of the wage earners get is not 31 dollars ....more like 3 to 6 thousand over and above anything they over paid. I made 20 thousand Dlost Y due to economy...but I stilll have a job!!) and paid in over 9 hundred federal taxes.....my credits with one dependent was 3thousand 2 hundred. I know a family of 4 making 60 thous getting back over 6 thousand dollars! And where did that money come from? The wealthy.

Our problem is not how much the govt takes in...its what they do with it when they get it and how much more they are spending over and above what the can ever hope to take in.

The govt once promised to put the s.s. money in a proverable lock box to be used only to pay s.s.....instead they put it in the general fund......now its catching up and will soon be paying out more than its taking in. Shit like that is about dumb and the progressivezs reble rouse....tell us it all the evil rich peoples fault and people fall in line....
"Hang the bastards" Just because they created jobs for many people don't mean they should get rich. Screw them all the govt will take care of us.......

Course its gonna be expensive..... President. Obama said on the campain....if grandma needs a hip replacement and she's old.......it would be better if she was just given the blue pill....and on his current campain trail (has he ever gotten off the traiiil?) Just yesterday he told a young man with low income that buying a house was just not an option....some people are better off renting......

But its ok...the govt will take care of us.

Don't listen to that crazy republican......President Obama says rayanKs plan was gonna take away medicare and leave autustic kids and families to fend for them selves (not true). So don't listen to him........listen to the president....his momma got on foodstamps before there was a food stamp law.....he understands ur pain.......


Change we can believe in?......the President wouldn't lie.........


What?

Edit: Oh. Just read the profile. It's you again! I should have known... welcome back!


< Message edited by ThatDamnedPanda -- 4/21/2011 5:16:00 PM >


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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/21/2011 5:18:31 PM   
ArizonaBossMan


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If you work and produce income and hire people you should get taxed MORE. This is an incentive for you to do more and work harder! It's pure logic. Think about it. If you work longer hours, invent something that is popular and helps people, and you make money then the government should take more from you.. I mean a HIGHER PERCENTAGE! That way, you will have to work even harder and be even smarter and more clever to make more money and get taxed EVEN MORE! For instance, let's say you are one of those evil capitalists we keep hearing about (not any of Dear Leaders "crony capitalists;" since their minds are right, they are exempt from higher taxes). I say tax em at 90 percent. This way, Dear Leader has more money to give to people who need to pay their car payments or mortgage or rent.. or to buy booze and cigarettes (those are staples, you know... every American has a "right" to free cigarettes and booze.. IT IS IN THE CONSTITUTION DAMMIT and if it isn't it should be).

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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/21/2011 6:50:06 PM   
tweakabelle


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quote:

There goes that idea that only the poor pay taxes,doesn't it?


May be you ought to tell these poor hedge fund billionaires:
http://www.alternet.org/economy/150570/hedge_fund_gamblers_earn_the_same_in_one_hour_as_a_middle-class_household_makes_in_over_47_years/?page=entire

Poor little dears are paying through the nose aren't they?

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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/21/2011 8:31:12 PM   
tazzygirl


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quote:

The tax credit that most people in the bottom half of the wage earners get is not 31 dollars ....more like 3 to 6 thousand over and above anything they over paid.



No one said the $31 was a tax credit... its the amount of the refund

quote:

Yeah, that 31 dollar refund will go a long way.



Get your facts straight.

The example that was given was about a family of four making 50,000 a year... and the same souce they got their information from gave the refund amount of 31 dollars. Frankly, I dont know what you are on about.

quote:

Here's how they did it, according to Deloitte Tax:

The family was entitled to a standard deduction of $11,400 and four personal exemptions of $3,650 apiece, leaving a taxable income of $24,000. The federal income tax on $24,000 is $2,769.

With two children younger than 17, the family qualified for two $1,000 child tax credits. Its Making Work Pay credit was $800 because the parents were married filing jointly.

The $2,800 in credits exceeds the $2,769 in taxes, so the family makes a $31 profit from the federal income tax. That ought to take the sting out of April 15.


http://finance.yahoo.com/news/Nearly-half-of-US-households-apf-1105567323.html?x=0&.v=1

From CD's link. Thats the $31 dollar refund I was speaking about. Now, if that math doesnt add up, take it up with the IRS.



< Message edited by tazzygirl -- 4/21/2011 8:32:59 PM >


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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/21/2011 8:53:01 PM   
outhere69


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Tough to be single.  I remember that bracket and only got a refund if declaring 0 exemption.

I always wondered why people should get a deduction for children.  The parents already know that it'll cost a lot to raise a child - why compensate through the tax code? 

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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/21/2011 8:57:07 PM   
DarkSteven


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quote:

ORIGINAL: ladyneedshelp

I know a family of 4 making 60 thous getting back over 6 thousand dollars! And where did that money come from? The wealthy.



The money came from them.  They decided to have enough deducted from their paychecks during the year that they got a refund back at tax time.

You are confusing taxes paid with what is due on April 15.


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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/21/2011 9:38:51 PM   
WyldHrt


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quote:

Tough to be single.  I remember that bracket and only got a refund if declaring 0 exemption.

That's me. Single, no kids, no deductions, high withholding. I sure as hell didn't get away without paying income tax (let alone make a profit) despite being 'lower income' this year.
That said, the Making Work Pay credit was nice, as I got a small refund because of it.
quote:

I always wondered why people should get a deduction for children.  The parents already know that it'll cost a lot to raise a child - why compensate through the tax code?
Don't even get me started.
[off topic] And while we are on the subject, why the hell does a parent with their 1 year old in the car get to use the carpool lane? Jr isn't gonna drive himself, so how is that 'carpooling'??? [/off topic]


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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/22/2011 6:13:42 AM   
DarkSteven


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Actually, I doubt he got booed for the tax breaks as much as for the fact that his proposal cut back Medicare sharply, seeing who the audience was.

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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/22/2011 6:17:01 AM   
tazzygirl


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And Medicaid. Many in that crowd are, or would, be depending on that as well.

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If you want it sugar coated, dont ask me what i think! It would violate TOS.

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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/22/2011 10:49:03 AM   
Edwynn


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quote:

ORIGINAL: ladyneedshelp

Our problem is not how much the govt takes in...its what they do with it when they get it and how much more they are spending over and above what the can ever hope to take in.




Oh, but you are SO right!

Those several trillion dollars to the bankers in "bail outs" and that $3.2 billion check sent to GE for last year are not helping matters at all here.

It's not the 6,000 millionaires that paid no tax or got refunds that are the problem, and not even all the billionaires either.



Just the few that are sucking the life out of this country as part of their business plan is all.



Kick the poor all you like sweetheart, the country as we used to know it is going away no matter how hard you kick them.


Have fun now.











< Message edited by Edwynn -- 4/22/2011 10:52:49 AM >

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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/25/2011 12:10:38 PM   
CreativeDominant


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quote:

ORIGINAL: Edwynn



quote:

ORIGINAL: ladyneedshelp

Our problem is not how much the govt takes in...its what they do with it when they get it and how much more they are spending over and above what the can ever hope to take in.




Oh, but you are SO right!

Those several trillion dollars to the bankers in "bail outs" and that $3.2 billion check sent to GE for last year are not helping matters at all here.

It's not the 6,000 millionaires that paid no tax or got refunds that are the problem, and not even all the billionaires either.



Just the few that are sucking the life out of this country as part of their business plan is all.



Kick the poor all you like sweetheart, the country as we used to know it is going away no matter how hard you kick them.


Have fun now.

And as has been noted over and over again....even if that to 10 percent, which is paying 90% of the tax bill of this country, to give illing sacrifice as was paaying at a 90% rate, they still would not5 cover the debt. And loike it or not, that is not "shared sacrifice" as our "leader" called it, that is illegal confiscation of other;s earnings. Like it or not, Eddie...people are going to have to figure out what they are willing to give up.

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RE: VIDEO: Paul Ryan Booed At Town Hall For Defending T... - 4/25/2011 12:43:41 PM   
mnottertail


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spending carefully examined and cut dramatically, and taxes raised, no matter how you argue it, it is what needs doing. 

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