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Just proof that the government has too many things they get taxes for
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People argue all day about these tax rates, but lets face it, everyone one of us on here wants to be in that highest taxed bracket.
Compare the top 1%, then the bottom 50%, your just agruing about money that doesn't make a difference in one life, compared to basics for survival, food, shelter, water etc.. Sure some of those in the 50% have made poor decisions, or may be addicted, but a lot of them are hard working people. So sure the poor may have it "easy" according to some of you, but the fact remains the system isn't going to work some magical third way, people need to get by, those that can't figure out the system often turn against it to a life of crime, so what is better, tax the poor further so they are poorer and more desperate? The numbers for the middle to even the top 5% sure debate those, but the top 1% have it made either way. So where do you get the tax $ from. ? Seems pretty obvious. |
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nice troll though. |
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That needs to stop if we're ever going to get ridiculous governmental spending under control. you can't have people who don't contribute voting on what should be spent. |
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http://www.washingtonpost.com/blogs/...d0iK_blog.html However, these numbers do not include payroll taxes. Social Security tax is no longer collected once a person makes more than $106,800, so the share of such taxes declines quickly for wealthier groups. In short, your numbers are bullshit... just to "skew" a point. Anyway, please continue to confuse: Total tax percentage paid vs. Tax as a percentage of income - watching you dance is pure entertainment. |
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nice troll though. However, these numbers do not include payroll taxes. Social Security tax is no longer collected once a person makes more than $106,800, so the share of such taxes declines quickly for wealthier groups. Thus, the top one percent pay an effective rate of 1.6 percent on social insurance taxes, compared to an effective rate of about 9 percent for most other income groups. (The data are further distorted by the fact that some wealthy individuals, such as lawyers, are paid through corporate structures, so their taxes are listed as corporate income taxes.) When you add up all of the various taxes, and look at the effective tax rates, it is clear the tax system is already pretty progressive. Everyone pays some tax, even those who pay no federal income taxes, and the wealthiest pay a larger percentage share of taxes. Here?s the effective tax rate for all of the groups, according to the CBO Quote:
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And btw, effective tax rate = total share of taxes paid as a percentage - or the rate of it really, which is exactly what I've been saying. Adding up the total money spent on taxes is how they came up with this number. Which is vastly different than taxes as a percentage of income. If a person each month is left with $100, then gas tax as a percentage of income is going to hit them MUCH harder and larger than a person with millions. That's what taxes as a percentage of income means, it's not really possible to confuse the two. |
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no wonder you're on the bottom rung. if you had a friend, they'd whisper in your ear to stop embarrassing yourself by typing. |
Most people that have any large earnings take them as capital gains. A 15% maximum |
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