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Posted: 2/3/2016 9:02:21 PM EDT
According to the IRS’s numbers for 2011:
The top 10 percent of US wage-earners pay two-thirds of the income tax. The bottom 50 percent — all Americans with an income below the median — pay 3 percent. The top one percent earn 19 percent of the total income and pay 35 percent of the federal income tax. The top 0.1 percent pay 16 percent of the income tax. |
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The problem is that too many people don't have skin in the game.
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I would like to see poor people pay their fair share, never gonna happen though.
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Always love this analogy.
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So I'll be the first on the topic......
What is fair? Paying the same percentage as everyone else? Just because they worked harder or were smarter in developing something and made more money should they have to pay more of their income on a percentage basis than anyone else? |
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Even if they paid the same rates as everyone else, what people ALWAYS fail to talk about is they do the lion's share of investment and risk in starting business and inspiring entrepreneurial growth.
The ultra-rich are the prosperity engine. They will take all the risks that make the next Google and Amazon, or Apple & Lululemon for people to work at and thrive under, and all the small businesses that rely on venture capitalists. They are also the early-adopters of all the technology and advancements that you have to have in order for things to trickle down to us....just think about big-screen TV's. When they were $9,000, who was going to buy them to keep the technology rolling? Super rich. Now? You can buy them for $200.
When you attack them, shit grinds to a halt. Liberals need to be assaulted with this argument. When I've explained this to people who are populist or Bernie folks, it's what reaches them more than taxation talk. |
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Quoted:
According to the IRS’s numbers for 2011: The top 10 percent of US wage-earners pay two-thirds of the income tax. The bottom 50 percent — all Americans with an income below the median — pay 3 percent. The top one percent earn 19 percent of the total income and pay 35 percent of the federal income tax. The top 0.1 percent pay 16 percent of the income tax. View Quote This is a silly way to look at this problem. Of course the people that have money will pay more than people without money. Duh |
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Quoted:
This is a silly way to look at this problem. Of course the people that have money will pay more than people without money. Duh View Quote View All Quotes View All Quotes Quoted:
Quoted:
According to the IRS’s numbers for 2011: The top 10 percent of US wage-earners pay two-thirds of the income tax. The bottom 50 percent — all Americans with an income below the median — pay 3 percent. The top one percent earn 19 percent of the total income and pay 35 percent of the federal income tax. The top 0.1 percent pay 16 percent of the income tax. This is a silly way to look at this problem. Of course the people that have money will pay more than people without money. Duh What do you think would be a sensible way to look at the numbers? |
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Quoted:
Even if they paid the same rates as everyone else, what people ALWAYS fail to talk about is they do the lion's share of investment and risk in starting business and inspiring entrepreneurial growth. The ultra-rich are the prosperity engine. They will take all the risks that make the next Google and Amazon, or Apple & Lululemon for people to work at and thrive under, and all the small businesses that rely on venture capitalists. They are also the early-adopters of all the technology and advancements that you have to have in order for things to trickle down to us....just think about big-screen TV's. When they were $9,000, who was going to buy them to keep the technology rolling? Super rich. Now? You can buy them for $200. When you attack them, shit grinds to a halt. Liberals need to be assaulted with this argument. When I've explained this to people who are populist or Bernie folks, it's what reaches them more than taxation talk. View Quote Mmmmmmmmm......not quite. Larry Page and Sergey Brin, as well as Jeff Bezos and Steve Jobs were most definitely NOT ultra rich, rich, or even well off when they founded their respective companies. They were, in fact, FAR from being rich. They were people with radical ideas, immeasurable desire and very little money when they started their businesses. It was creativity and hard work - and not deep pockets - that led to successful business ventures. |
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Something about "I never worked for a poor guy that could make payroll every week"
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Quoted: Mmmmmmmmm......not quite. Larry Page and Sergey Brin, as well as Jeff Bezos and Steve Jobs were most definitely NOT ultra rich, rich, or even well off when they founded their respective companies. They were, in fact, FAR from being rich. They were people with radical ideas, immeasurable desire and very little money when they started their businesses. It was creativity and hard work - and not deep pockets - that led to successful business ventures. View Quote View All Quotes View All Quotes Quoted: Quoted: Even if they paid the same rates as everyone else, what people ALWAYS fail to talk about is they do the lion's share of investment and risk in starting business and inspiring entrepreneurial growth. The ultra-rich are the prosperity engine. They will take all the risks that make the next Google and Amazon, or Apple & Lululemon for people to work at and thrive under, and all the small businesses that rely on venture capitalists. They are also the early-adopters of all the technology and advancements that you have to have in order for things to trickle down to us....just think about big-screen TV's. When they were $9,000, who was going to buy them to keep the technology rolling? Super rich. Now? You can buy them for $200. When you attack them, shit grinds to a halt. Liberals need to be assaulted with this argument. When I've explained this to people who are populist or Bernie folks, it's what reaches them more than taxation talk. Mmmmmmmmm......not quite. Larry Page and Sergey Brin, as well as Jeff Bezos and Steve Jobs were most definitely NOT ultra rich, rich, or even well off when they founded their respective companies. They were, in fact, FAR from being rich. They were people with radical ideas, immeasurable desire and very little money when they started their businesses. It was creativity and hard work - and not deep pockets - that led to successful business ventures. You totally misunderstand me. They had to have investors to start those companies....the ideas don't fund themselves. |
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Quoted:
Mmmmmmmmm......not quite. Larry Page and Sergey Brin, as well as Jeff Bezos and Steve Jobs were most definitely NOT ultra rich, rich, or even well off when they founded their respective companies. They were, in fact, FAR from being rich. They were people with radical ideas, immeasurable desire and very little money when they started their businesses. It was creativity and hard work - and not deep pockets - that led to successful business ventures. View Quote View All Quotes View All Quotes Quoted:
Quoted:
Even if they paid the same rates as everyone else, what people ALWAYS fail to talk about is they do the lion's share of investment and risk in starting business and inspiring entrepreneurial growth. The ultra-rich are the prosperity engine. They will take all the risks that make the next Google and Amazon, or Apple & Lululemon for people to work at and thrive under, and all the small businesses that rely on venture capitalists. They are also the early-adopters of all the technology and advancements that you have to have in order for things to trickle down to us....just think about big-screen TV's. When they were $9,000, who was going to buy them to keep the technology rolling? Super rich. Now? You can buy them for $200. When you attack them, shit grinds to a halt. Liberals need to be assaulted with this argument. When I've explained this to people who are populist or Bernie folks, it's what reaches them more than taxation talk. Mmmmmmmmm......not quite. Larry Page and Sergey Brin, as well as Jeff Bezos and Steve Jobs were most definitely NOT ultra rich, rich, or even well off when they founded their respective companies. They were, in fact, FAR from being rich. They were people with radical ideas, immeasurable desire and very little money when they started their businesses. It was creativity and hard work - and not deep pockets - that led to successful business ventures. Uhhhh, every one of your examples actually fits swingset's argument. Every one of those people were FUNDED by a wealthy person. Take Steve Jobs. He was funded by a $250,000 investment from a wealthy ex-IBM executive. So yes, the ultra wealthy are the prosperity engine even in your examples. |
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There really should be a cut off once you make a certain amount and have paid the taxes on that amount. It makes no sense that a rich person has to pay 87x as much taxes when they likely use the government's "services" no more than the average person. Hell, in most cases they probably use those services less than the average person. I think that amount should be around $100k right now. Anything you make over that, you get to keep all of it.
/ Not a rich person. |
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Don't worry, Bernie has a plan. Tax all the rich people until they aren't rich. Everyone will be equal. Then to keep the money flowing in, tax the rich again...oh shit, now I see the problem
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Quoted:
Uhhhh, every one of your examples actually fits swingset's argument. Every one of those people were FUNDED by a wealthy person. Take Steve Jobs. He was funded by a $250,000 investment from a wealthy ex-IBM executive. So yes, the ultra wealthy are the prosperity engine even in your examples. View Quote View All Quotes View All Quotes Quoted:
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Quoted:
Even if they paid the same rates as everyone else, what people ALWAYS fail to talk about is they do the lion's share of investment and risk in starting business and inspiring entrepreneurial growth. The ultra-rich are the prosperity engine. They will take all the risks that make the next Google and Amazon, or Apple & Lululemon for people to work at and thrive under, and all the small businesses that rely on venture capitalists. They are also the early-adopters of all the technology and advancements that you have to have in order for things to trickle down to us....just think about big-screen TV's. When they were $9,000, who was going to buy them to keep the technology rolling? Super rich. Now? You can buy them for $200. When you attack them, shit grinds to a halt. Liberals need to be assaulted with this argument. When I've explained this to people who are populist or Bernie folks, it's what reaches them more than taxation talk. Mmmmmmmmm......not quite. Larry Page and Sergey Brin, as well as Jeff Bezos and Steve Jobs were most definitely NOT ultra rich, rich, or even well off when they founded their respective companies. They were, in fact, FAR from being rich. They were people with radical ideas, immeasurable desire and very little money when they started their businesses. It was creativity and hard work - and not deep pockets - that led to successful business ventures. Uhhhh, every one of your examples actually fits swingset's argument. Every one of those people were FUNDED by a wealthy person. Take Steve Jobs. He was funded by a $250,000 investment from a wealthy ex-IBM executive. So yes, the ultra wealthy are the prosperity engine even in your examples. Things seem well in hand here. |
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Quoted: Define rich? View Quote A recent New York Times poll showed 27 percent of Americans believe a family of four can be considered "rich” if its annual income is between $100,000 and $200,000, while another 20 percent say "rich” is defined as making between $200,000 and $300,000 a year. |
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Would love to see Comrade Bernie live on camera mumbling a response to high-profile Democrats who avoid taxes by laundering income through a faux charity foundation.
Posted Via AR15.Com Mobile |
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Quoted:
There really should be a cut off once you make a certain amount and have paid the taxes on that amount. It makes no sense that a rich person has to pay 87x as much taxes when they likely use the government's "services" no more than the average person. Hell, in most cases they probably use those services less than the average person. I think that amount should be around $100k right now. Anything you make over that, you get to keep all of it. / Not a rich person. View Quote this so much there should be a cap... our founding fathers would be pissed... |
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The rich pay everyone's share. View Quote sadly... the regular"rich" get balled in with the mega -rich .001%. The .001% exploit the system and pay little tax in comparison with what they extract from the country. I talking about the infrastructure, resources, military... etc. small business owners who managed to make themselves millionaires are not the problem... in fact they are the backbone of the U.S. The only RICH that are not paying thier fair share are way beyond the bottom .999% of the top 1% Even thought the ultra rich are not paying in what they take out of the country... they are not the enemy. The politicians that do their bidding are the enemy. |
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Right....Leona was the only rich person to cheat the tax man?
Aloha, Mark PS............ We don't pay taxes. Only the little people pay taxes. LEONA HELMSLEY View Quote |
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Yes and no.
The truly rich entirely control the amount of taxable income they have in any given year, and thus the amount of tax they pay. Top 10% of wage earners doesnt classify you as even remotely rich, and most of those people are getting boned by taxes. |
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Quoted: A recent New York Times poll showed 27 percent of Americans believe a family of four can be considered "rich” if its annual income is between $100,000 and $200,000, while another 20 percent say "rich” is defined as making between $200,000 and $300,000 a year. View Quote View All Quotes View All Quotes Quoted: Quoted: Define rich? A recent New York Times poll showed 27 percent of Americans believe a family of four can be considered "rich” if its annual income is between $100,000 and $200,000, while another 20 percent say "rich” is defined as making between $200,000 and $300,000 a year. A recent Zimbabwe National Register poll showed that 106% of Zimbabweans polled believe a family of four can be considered rich if none of them have aids and they own hut with more than 3 walls. |
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A flat tax is a fair tax but the socialist won't put up with it.
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Yes and no. The truly rich entirely control the amount of taxable income they have in any given year, and thus the amount of tax they pay. Top 10% of wage earners doesnt classify you as even remotely rich, and most of those people are getting boned by taxes. View Quote This..... i suppose i am in the top; 10% and i get fucked like a community fleshlight in a supermax prison. I hope bernie sanders realizes this before he decides i need to get railoed a bit more.. |
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I'd bet that Bernie probably always paid the IRS a fair share.
Aloha, Mark |
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We paid low $100's k in federal taxes last year.
doesn't count state, which was in the 5 figures. Doesn't count property taxes from school district, county, and municipal, which, all tolled for one year was almost $15k. Also, still paying off the education for my wife that helped contribute to that income. My father was a truck driver. My wife's father was a WWII vet who went to night school on the GI bill after the war to become a Chemist and Farmer on the side. My wife was a Nurse before getting into medical school. I paid for my BA on the GI bill and after getting out of the Army, went to Law school at night while working during the day. But yeah, there's a whole cohort who would penalize US for being evil 1%. When they come to purge us as Kulaks, I hope I'm still young enough to be a combatant. |
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That's why they use the term "fair" - because it can mean anything you want.
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Quoted:
A recent New York Times poll showed 27 percent of Americans believe a family of four can be considered "rich” if its annual income is between $100,000 and $200,000, while another 20 percent say "rich” is defined as making between $200,000 and $300,000 a year. View Quote View All Quotes View All Quotes Quoted:
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Define rich? A recent New York Times poll showed 27 percent of Americans believe a family of four can be considered "rich” if its annual income is between $100,000 and $200,000, while another 20 percent say "rich” is defined as making between $200,000 and $300,000 a year. Looks like 47% don't know shit. It seems obvious that not 1 person in that 47% is at a 100k+ or that couldn't honestly believe that. |
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Perfect place to ask most people in GD are rich myself included.
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Quoted:
sadly... the regular"rich" get balled in with the mega -rich .001%. The .001% exploit the system and pay little tax in comparison with what they extract from the country. I talking about the infrastructure, resources, military... etc. small business owners who managed to make themselves millionaires are not the problem... in fact they are the backbone of the U.S. The only RICH that are not paying thier fair share are way beyond the bottom .999% of the top 1% Even thought the ultra rich are not paying in what they take out of the country... they are not the enemy. The politicians that do their bidding are the enemy. View Quote View All Quotes View All Quotes Quoted:
Quoted:
The rich pay everyone's share. sadly... the regular"rich" get balled in with the mega -rich .001%. The .001% exploit the system and pay little tax in comparison with what they extract from the country. I talking about the infrastructure, resources, military... etc. small business owners who managed to make themselves millionaires are not the problem... in fact they are the backbone of the U.S. The only RICH that are not paying thier fair share are way beyond the bottom .999% of the top 1% Even thought the ultra rich are not paying in what they take out of the country... they are not the enemy. The politicians that do their bidding are the enemy. Yet what the .001% pays in taxes in one year is still more than I will pay in a lifetime. |
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Quoted: A recent Zimbabwe National Register poll showed that 106% of Zimbabweans polled believe a family of four can be considered rich if none of them have aids and they own hut with more than 3 walls. View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: Define rich? A recent New York Times poll showed 27 percent of Americans believe a family of four can be considered "rich” if its annual income is between $100,000 and $200,000, while another 20 percent say "rich” is defined as making between $200,000 and $300,000 a year. A recent Zimbabwe National Register poll showed that 106% of Zimbabweans polled believe a family of four can be considered rich if none of them have aids and they own hut with more than 3 walls. |
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Yes. All this BS about rich people not paying enough is just that.
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Quoted:
A recent New York Times poll showed 27 percent of Americans believe a family of four can be considered "rich” if its annual income is between $100,000 and $200,000, while another 20 percent say "rich” is defined as making between $200,000 and $300,000 a year. View Quote View All Quotes View All Quotes Quoted:
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Define rich? A recent New York Times poll showed 27 percent of Americans believe a family of four can be considered "rich” if its annual income is between $100,000 and $200,000, while another 20 percent say "rich” is defined as making between $200,000 and $300,000 a year. Depends on where you live (of course). I work in one of the most expensive localities in the nation and will retire somewhere else and even though my income will change, my lifestyle (other that working!) won't have to change much. |
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Quoted: Quoted: I would like to see poor people pay their fair share, never gonna happen though. Then we should take one of each of their paired organs. Whether we use them or not. If they're too diseased to be used for transplantation, we should make "the poor" feed them to live jackals after the removal surgery. So they know how we feel paying for their upkeep. |
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