The marginal Tax Rate 1913 2009

The marginal Tax Rate 1913 2009 (Full Version)

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SternSkipper -> The marginal Tax Rate 1913 2009 (10/2/2011 1:52:33 AM)
This chart speaks for itself... It is laughable that certain ne'er do wells would call a man trying to reverse the trend enough so that the rich actually pay taxes ... Because REALLY, these are the numbers before the tax attorneys step in and disappear the rest of the millionaires' tax liability. [image]local://upfiles/18637/45B4D904CA5A458CBAB34DE017056DDF.jpg[/image]

erieangel -> RE: The marginal Tax Rate 1913 2009 (10/2/2011 2:34:46 AM)
Interesting graph Skipper. Of course the wing nuts won't notice that we had very good economic times when the marginal tax rates were the highest and recessions/a depression when they were the lowest. Everybody benefits when the wealthy pays more taxes--even the wealthy.

SternSkipper -> RE: The marginal Tax Rate 1913 2009 (10/2/2011 8:56:45 PM)
quote: Of course the wing nuts won't notice that we had very good economic times when the marginal tax rates were the highest and recessions/a depression when they were the lowest. Everybody benefits when the wealthy pays more taxes--even the wealthy. Yeah well the smarmy mental pipsqueaks don't get a lot of things. Any person who is SO FUCKING IGNORANT that they gloat for a living like some of these pricks do, just won't understand shit. There is a plus to that though. In as much as the house of cards is coming down and may get WAY out of hand for the MUCH faster than they think. AI want to hand it to you for spotting the KEY HOLE in their laissez faire governance/taxation argument. During those rather prosperous times for the whole of the three classes, the marginal rate was very high. And the LIE they will try to make you believe is that the percentages in the chart are what the rich have actually paid. But when you dip into the low 30s/high 20s, they pay after all the bogus deductions and credits.... almost nothing. And here's the hysterical part of it... They make sure this marginal rate always has to include incomes way down to the lower strata so at the very top of the middle class. The result of which is to turn any of those who have either acquired or aspire to acheive such wealth turn by reflex into ideological pugilists on their behalf. They let themselves be used. They'll never be invited to the ranch in wyoming. And they will NEVER get more than the scraps unless they adopt an attitude and practice of screwing those beneath them. Bottom line is they never catch on (or rarely do) they are just pawns and enslaved because of their greed and deeply rooted feeling that the only way tio get ahead is to hoard. Good Call

Fellow -> RE: The marginal Tax Rate 1913 2009 (10/3/2011 4:35:07 AM)
"Lies, damned lies, and statistics" The graph is meaningless without additional information. Check out the actual tax revenue the government collects over the same period. How much the government spends as a percentage of GDP over the same period? The growth of the government compared to the population growth? Or, is it just "screw the rich" argument?

HeatherMcLeather -> RE: The marginal Tax Rate 1913 2009 (10/3/2011 7:14:19 AM)
So why don't you provide that additional information to prove that the conclusion he drew from the table is incorrect? Or is yours just another "defend the rich" post?

Fellow -> RE: The marginal Tax Rate 1913 2009 (10/3/2011 5:50:51 PM)
quote: So why don't you provide that additional information to prove that the conclusion he drew from the table is incorrect? Or is yours just another "defend the rich" post? My post was not to defend the rich. Actually only very moderately rich pay 35%. Super-rich pay somewhere in mid twenties percent. Low capital gain tax, offshore accounts, and a creative accounting in general makes it possible. The conclusion: 35% unacceptable is debatable unless one thinks, if somebody makes a lot of money he/she just does it for the pleasure of giving it away to the government. The other industrial countries have comparable tax rates. With free flow of capital in the globalized world, as it is today, higher rates would reduce tax revenue for sure. It has been tested recently in Russia. High taxes for top incomes in 1990-s resulted in low revenue and outflow of capital. Introduction of flat tax (13% individual, 20% on corporate profit) brought revenue up and revived the economy. US tax system would be OK if it was uniform and strictly enforced. All kind of subsidies and exemptions make it unfair. Think just psychologically: 35% perhaps would be the upper limit to give away. If it is more, people would cut back their creative activities. IRS needs to collect revenue not to hit people with penalties for making high income. Imagine Kobe Bryant paying 94% taxes. He would play in Russia instead.

HeatherMcLeather -> RE: The marginal Tax Rate 1913 2009 (10/3/2011 7:16:56 PM)
So you don't actually have the information you referred to. Didn't think so, thanks.

SternSkipper -> RE: The marginal Tax Rate 1913 2009 (10/3/2011 7:42:35 PM)
quote: "Lies, damned lies, and statistics" Not very astute... Anyone who has been alive since the sixties can easily see the pattern. There's NO LIE here, ceptn for the bogus accusation. Some things are self-evident to everyone that isn't as dumb as a fencepost. I am going to give you the benefit of the doubt and say your accusation is false

SternSkipper -> RE: The marginal Tax Rate 1913 2009 (10/3/2011 7:49:55 PM)
quote: My post was not to defend the rich. Actually only very moderately rich pay 35%. Super-rich pay somewhere in mid twenties percent. Low capital gain tax, offshore accounts, and a creative accounting in general makes it possible. The conclusion: 35% unacceptable is debatable unless one thinks, if somebody makes a lot of money he/she just does it for the pleasure of giving it away to the government. The other industrial countries have comparable tax rates. With free flow of capital in the globalized world, as it is today, higher rates would reduce tax revenue for sure. It has been tested recently in Russia. High taxes for top incomes in 1990-s resulted in low revenue and outflow of capital. Introduction of flat tax (13% individual, 20% on corporate profit) brought revenue up and revived the economy. US tax system would be OK if it was uniform and strictly enforced. All kind of subsidies and exemptions make it unfair. Think just psychologically: 35% perhaps would be the upper limit to give away. If it is more, people would cut back their creative activities. IRS needs to collect revenue not to hit people with penalties for making high income. Imagine Kobe Bryant paying 94% taxes. He would play in Russia instead. I acquired that chart by the way on a tea Party site a year ago.... And your rap up here is practically a cut and paste from the main argument. But the fact remains is that after the rich/moderately rich/ or your uncle bobo get done fucking with the numbers what they pay puts them way the fuck down in the actual percentage they pay per dollar... and you can squirt all the I love rich guys cum on it you want. The lie is still being perpetrated by the side that has the money. You are dull, so that's all you get... I will only alot "art" to you from here on out. You haven't earned response time from me.

SternSkipper -> RE: The marginal Tax Rate 1913 2009 (10/3/2011 8:03:21 PM)
quote: So you don't actually have the information you referred to. Didn't think so, thanks. You don't NEED any additional information... he/she/it is bullshitting... What you need is to basically REMEMBER what the standard of living was like for you at the corresponding time. The guy who has apparently stopped his posting like a non-human is not even close with regard to what the original post was about. Maybe he's still clinging to being irrelevant.

Real0ne -> RE: The marginal Tax Rate 1913 2009 (10/3/2011 9:29:19 PM)
quote: ORIGINAL: SternSkipper This chart speaks for itself... It is laughable that certain ne'er do wells would call a man trying to reverse the trend enough so that the rich actually pay taxes ... Because REALLY, these are the numbers before the tax attorneys step in and disappear the rest of the millionaires' tax liability. [image]local://upfiles/18637/45B4D904CA5A458CBAB34DE017056DDF.jpg[/image] as soon as they went off the gold standard, now that is beyond interesting!

SternSkipper -> RE: The marginal Tax Rate 1913 2009 (10/3/2011 9:44:20 PM)
quote: as soon as they went off the gold standard, now that is beyond interesting! I think they had to disappear the gold standard to get away with it

SternSkipper -> RE: The marginal Tax Rate 1913 2009 (10/3/2011 9:53:58 PM)
quote: quote: as soon as they went off the gold standard, now that is beyond interesting! I think they had to disappear the gold standard to get away with it Ya know RO, going back to a feudal system might not be bad... my gene pool would be drawn back to the sea and the only time the neo-cons taking advantage of the system would see me was when I came ashore to bash heads and fuck all their women

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