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FACT CHECK: Are rich taxed less than secretaries? - 4 hours agoPresident Barack Obama makes it sound as if there are millionaires all over America paying taxes at lower rates than their secretaries.

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ORIGINAL: StrangerThan

Damn, it is taking the Obama brigade a lot of time to figure out a way to go around this one.

I can't figure it out. This sort of thing should have generated at least a handful of YOU SUCK's, and another half dozen derisive shits on your link, two or three responses that have 40 million links in them that say true, but, true, but, true but - kind of like factcheck does with Perry's job numbers... oh and at least one Israel is a bully hit.

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To respond, as the AP does, that most millionaires (or the average millionaire) is in compliance with that higher-taxes principal is not relevant. Obama wants to reform the tax code so that all high-earners meet that rule. (The AP does eventually nod to the caital gains differential in their eighth paragraph).

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ORIGINAL: willbeurdaddy

The "class warfare" thread is getting unwieldy, and this goes beyond rhetoric to outright lies.

Associated Press' fact check:

Even when talking rates rather than aggregate payments, the claims made by Buffett and Obama are nothing more than an urban legend:

This year, households making more than $1 million will pay an average of 29.1 percent of their income in federal taxes, including income taxes and payroll taxes, according to the Tax Policy Center, a Washington think tank.

Households making between $50,000 and $75,000 will pay 15 percent of their income in federal taxes.

Lower-income households will pay less. For example, households making between $40,000 and $50,000 will pay an average of 12.5 percent of their income in federal taxes. Households making between $20,000 and $30,000 will pay 5.7 percent.

That has been true ever since the US went to a progressive income tax. It was true decades ago, it was true a few years ago, and it remains true today. Those with higher incomes pay more taxes at higher rates that those with lower incomes. So unless Buffett’s paying his secretary a million dollars a year, the notion that we’re burying secretaries in higher taxes while letting millionaires and billionaires off the hook is flat-out false.

When Buffet first made his claim I posted that he was simply lying about what his secretary pays in taxes, or was paying her $x (and well below a million, not worth searching for my post). And of course for all of his rhetoric, Buffet makes the choice to take all of his compensation in the form of capital gains, not salary. Very few of the filers with over a million in income have that much flexibility.

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This year, households making more than $1 million will pay an average of 29.1 percent of their income in federal taxes, including income taxes and payroll taxes, according to the Tax Policy Center, a Washington think tank.

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This year, households making more than $1 million will pay an average of 29.1 percent of their income in federal taxes, including income taxes and payroll taxes, according to the Tax Policy Center, a Washington think tank.

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Five percent of the people own 95% of the pie and You want the 95% who get 5% of the pie to pay for the crumbs?This from a guy who claims he makes less than 30k per year.

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ORIGINAL: SternSkipper

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This year, households making more than $1 million will pay an average of 29.1 percent of their income in federal taxes, including income taxes and payroll taxes, according to the Tax Policy Center, a Washington think tank.

Before deductions

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Yes, thats how its always reported. % of gross income paid to taxes. Its a higher percent of income after deductions. And due to the AMT deductions are not as valuable to the wealthy as they are to the middle class.

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ORIGINAL: SternSkipper

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Yes, thats how its always reported. % of gross income paid to taxes. Its a higher percent of income after deductions. And due to the AMT deductions are not as valuable to the wealthy as they are to the middle class.

Yeah, but then again, the middle class doesn't get to do all those cute things like somehow account for every fucking thing they buy besides the drugs as some kind of corporate expense.

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Exhibit A
That has been true ever since the US went to a progressive income tax. It was true decades ago, it was true a few years ago, and it remains true today. Those with higher incomes pay more taxes at higher rates that those with lower incomes. So unless Buffett’s paying his secretary a million dollars a year, the notion that we’re burying secretaries in higher taxes while letting millionaires and billionaires off the hook is flat-out false.

Exhibit B
When Buffet first made his claim I posted that he was simply lying about what his secretary pays in taxes, or was paying her $x (and well below a million, not worth searching for my post). And of course for all of his rhetoric, Buffet makes the choice to take all of his compensation in the form of capital gains, not salary. Very few of the filers with over a million in income have that much flexibility.

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ORIGINAL: Aylee

http://justoneminute.typepad.com/main/2011/09/on-average-the-ap-is-useless.html

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To respond, as the AP does, that most millionaires (or the average millionaire) is in compliance with that higher-taxes principal is not relevant. Obama wants to reform the tax code so that all high-earners meet that rule. (The AP does eventually nod to the caital gains differential in their eighth paragraph).

Here is another take. Just so ya all aren't accused of partisanship.

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ORIGINAL: joether

Why dont you post the ACTUAL SOURCE from the AP? As your getting this information from The WRONG SOURCE, willbe! Oh yeah, I know why you did it. It would undermine your ENTIRE arguement. An I knew none of the flunky conservatives here would check the information, because your 'AP Souce' was bogus, BUT, promoted conservative 'philosophy' (read: idealogy). You either knew about this, and didn't post the actual source (which mean your unethical); Or you didn't check to see if the information was legitimately from the AP (which means your an lazy idiot).

Now, you know how I knew this material you originally posted WASN'T from the AP? And from some crazy right-wing 'news site'? The AP as a matter of policy do not get into political arguements....they report the news.(see exhibit A). Likewise the AP does NOT talk in the first person when reporting (see exhibit B).

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Exhibit A
That has been true ever since the US went to a progressive income tax. It was true decades ago, it was true a few years ago, and it remains true today. Those with higher incomes pay more taxes at higher rates that those with lower incomes. So unless Buffett’s paying his secretary a million dollars a year, the notion that we’re burying secretaries in higher taxes while letting millionaires and billionaires off the hook is flat-out false.

Exhibit B
When Buffet first made his claim I posted that he was simply lying about what his secretary pays in taxes, or was paying her $x (and well below a million, not worth searching for my post). And of course for all of his rhetoric, Buffet makes the choice to take all of his compensation in the form of capital gains, not salary. Very few of the filers with over a million in income have that much flexibility.

Perhaps you should go READ the ACTUAL AP Source, and THEN, make a case. Better yet, how about you get YOUR FACTS right before bitching at the Left's Facts. Oh sorry....that would imply you holding yourself to the same level of accountibility and responsibility as you railed Democrats and Mr. Buffett. We wouldn't want you to *gasp* be honest in a debate, right?

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Not much room for that anymore. I cant even get my car paid through the company, even though its used almost exclusively for business. And under Sarbannes-Oxley just about everything that the Buffets of the world used to be able to manipulate get reported as taxable income.

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Perhaps you should go READ the ACTUAL AP Source, and THEN, make a case. Better yet, how about you get YOUR FACTS right before bitching at the Left's Facts. Oh sorry....that would imply you holding yourself to the same level of accountibility and responsibility as you railed Democrats and Mr. Buffett. We wouldn't want you to *gasp* be honest in a debate, right?

WTF are you ranting about. The source is very clear and the reporting was accurate.

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ORIGINAL: SternSkipper

Man Sarah Palin is DEFINITELY THE NORM CROSBY of the right wing... got fox on in the background and she's stumbling through shit calling the voters "Electors" (maybe she means 'the electorate' )... What a shitbag annoyance she must be to you guys by now... It would be like running for office and having Andy Kaufman following you around

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ORIGINAL: SternSkipper

Man Sarah Palin is DEFINITELY THE NORM CROSBY of the right wing... got fox on in the background and she's stumbling through shit calling the voters "Electors" (maybe she means 'the electorate' )... What a shitbag annoyance she must be to you guys by now... It would be like running for office and having Andy Kaufman following you around