Top 20% pay 95% of taxes, middle class 'single digits'
invite response
2017 Oct 27, 7:42am 5,128 views 31 comments
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1
anotheraccount
2017 Oct 27, 8:25am
anotheraccount
2017 Oct 27, 8:25am
Sniper says
You are ignoring FICA taxes dumb-ass. Who do you think is paying the payroll tax? https://www.cbpp.org/research/federal-tax/policy-basics-where-do-federal-tax-revenues-come-from
What about the budget deficit, what do you propose to cut if there is a tax cut for the rich?
Yes, Let's Tax The Rich MORE, oh wait, they're the ones paying the bills NOW! Don't give them a tax cut!
You are ignoring FICA taxes dumb-ass. Who do you think is paying the payroll tax? https://www.cbpp.org/research/federal-tax/policy-basics-where-do-federal-tax-revenues-come-from
What about the budget deficit, what do you propose to cut if there is a tax cut for the rich?
2
justme
2017 Oct 27, 8:30am
justme
2017 Oct 27, 8:30am
Headline: Top 20% has almost all the income, yet complain loudly about taxes.
They should try being in the bottom 20% of income, if they are so sore about paying taxes.
They should try being in the bottom 20% of income, if they are so sore about paying taxes.
3
anotheraccount
2017 Oct 27, 8:37am
anotheraccount
2017 Oct 27, 8:37am
Sniper says
Do you know what Payroll tax is? You obviously did not read my link. Patrick recommends an excellent book called How to lie with statistics. You fall for that shit all the time.
Seriously, do you read your own links????
Do you know what Payroll tax is? You obviously did not read my link. Patrick recommends an excellent book called How to lie with statistics. You fall for that shit all the time.
4
FNWGMOBDVZXDNW
2017 Oct 27, 8:45am
FNWGMOBDVZXDNW
2017 Oct 27, 8:45am
In piggy's world, payroll taxes don't count when discussing who pays taxes. Social security and medicare do count as Government expenses though. It's a very convenient system for cerebrally vacuous cheerleaders. Is piggy a bot?
5
MrMagic
2017 Oct 27, 8:47am
MrMagic
2017 Oct 27, 8:47am
YesYNot says
Feel like an idiot yet after looking at that chart?
payroll taxes don't count when discussing who pays taxes.
Feel like an idiot yet after looking at that chart?
6
anotheraccount
2017 Oct 27, 8:56am
anotheraccount
2017 Oct 27, 8:56am
Sniper says
You are the idiot here. How about that budget deficit?
Feel like an idiot yet after looking at that chart?
You are the idiot here. How about that budget deficit?
7
joeyjojojunior
2017 Oct 27, 9:01am
Here's a clue for you. When the top 1% has 90% of the wealth, by default, they are going to have to pay the majority of the taxes.
8
HEY YOU
2017 Oct 27, 9:17am
Stupid poor Ds & Rs work for nothing,making the Rich richer while the Rich bitch about taxes.
If the poor walk off the job,how long will the Rich be rich?
The poor have all the power. It's sad they are to stupid to realize it. I guess that's why they are poor.
Being not stupid is a virtue?
The poor can shut down the economy & collapse the country by simply not going to work.
The masses of poor can take the Rich's wealth any time they choose.
https://www.merriam-webster.com/dictionary/boycott :to engage in a concerted refusal to have dealings with (a person, a store, an organization, etc.) usually to express disapproval or to force acceptance of certain conditions
If the poor walk off the job,how long will the Rich be rich?
The poor have all the power. It's sad they are to stupid to realize it. I guess that's why they are poor.
Being not stupid is a virtue?
The poor can shut down the economy & collapse the country by simply not going to work.
The masses of poor can take the Rich's wealth any time they choose.
https://www.merriam-webster.com/dictionary/boycott :to engage in a concerted refusal to have dealings with (a person, a store, an organization, etc.) usually to express disapproval or to force acceptance of certain conditions
9
Goran_K
2017 Oct 27, 10:07am
Goran_K
2017 Oct 27, 10:07am
justme says
You sound salty as fuck. Don't want to be poor, stop complaining about other people having money and make your own.
Headline: Top 20% has almost all the income, yet complain loudly about taxes.
They should try being in the bottom 20% of income, if they are so sore about paying taxes.
You sound salty as fuck. Don't want to be poor, stop complaining about other people having money and make your own.
10
WineHorror
2017 Oct 27, 11:28am
The rich aren't hurting and they make their money from rent seeking.
Where does one find people to tax...the guy with empty pockets or the guy with money bags?
Where does one find people to tax...the guy with empty pockets or the guy with money bags?
11
NuttBoxer
2017 Oct 27, 12:12pm
NuttBoxer
2017 Oct 27, 12:12pm
Sniper says
Anything taken from my paycheck is a tax, because if it were up to me, I'd keep it all. Using that calculation I pay upwards of 40% to taxes. Serfs only got taxed at 25%.
middle class 'single digits'
Anything taken from my paycheck is a tax, because if it were up to me, I'd keep it all. Using that calculation I pay upwards of 40% to taxes. Serfs only got taxed at 25%.
12
anotheraccount
2017 Oct 27, 3:11pm
anotheraccount
2017 Oct 27, 3:11pm
Sniper says
Here is one for you - bottom 90% pay 95% of the payroll tax.
"The top 20% of the population pays 95% of the Federal taxes."?
Here is one for you - bottom 90% pay 95% of the payroll tax.
13
anotheraccount
2017 Oct 27, 4:24pm
anotheraccount
2017 Oct 27, 4:24pm
Notice how sniper does not answer any deficit questions. It does not matter anymore that we are piling on debt under Trump.
14
anonymous
2017 Oct 27, 5:34pm
joeyjojojunior says
Yes we need re-distributive policies the lower and middle class folks can pay more taxes.
For every dollar the government spends on government jobs, 30 to 40 cents comes back in tax revenues.
This is why democrat "tax and spend" is far better than republican "borrow and spend" policies.
Here's a clue for you. When the top 1% has 90% of the wealth, by default, they are going to have to pay the majority of the taxes.
Yes we need re-distributive policies the lower and middle class folks can pay more taxes.
For every dollar the government spends on government jobs, 30 to 40 cents comes back in tax revenues.
This is why democrat "tax and spend" is far better than republican "borrow and spend" policies.
15
Strategist
2017 Oct 27, 10:00pm
Strategist
2017 Oct 27, 10:00pm
Sniper says
If it wasn't for the rich, the poor would starve. And to think some Patnetters want to foolishly eliminate the rich.
The top 20 percent of folks who file a tax return, the top 20 percent, pay 95 percent of the taxes.
If it wasn't for the rich, the poor would starve. And to think some Patnetters want to foolishly eliminate the rich.
16
Strategist
2017 Oct 27, 10:14pm
Strategist
2017 Oct 27, 10:14pm
PCGyver says
Capitalism, entrepreneurs, hard work etc. Are you saying the welfare bums and queens feed the rich?
Strategist saysSniper saysThe top 20 percent of folks who file a tax return, the top 20 percent, pay 95 percent of the taxes.
If it wasn't for the rich, the poor would starve. And to think some Patnetters want to foolishly eliminate the rich.
I think you got that backwards. Who feeds the rich?
Capitalism, entrepreneurs, hard work etc. Are you saying the welfare bums and queens feed the rich?
18
bob2356
2017 Oct 28, 6:43am
Strategist says
The people working and adding value feed the rich. Do you suppose henry ford made all those model t's with his own hands?
Capitalism, entrepreneurs, hard work etc. Are you saying the welfare bums and queens feed the rich?
The people working and adding value feed the rich. Do you suppose henry ford made all those model t's with his own hands?
19
anonymous
2017 Oct 28, 8:37am
Strategist says
If it wasn't for the poor, the rich would never be rich.
The rich need the poor but the inverse isn't true.
If it wasn't for the rich, the poor would starve. And to think some Patnetters want to foolishly eliminate the rich.
If it wasn't for the poor, the rich would never be rich.
The rich need the poor but the inverse isn't true.
20
Strategist
2017 Oct 28, 9:31am
Strategist
2017 Oct 28, 9:31am
anonymous says
You mean poor like the the welfare queens and bums who never did a honest day's work? No-one needs them.
Strategist saysIf it wasn't for the rich, the poor would starve. And to think some Patnetters want to foolishly eliminate the rich.
If it wasn't for the poor, the rich would never be rich.
The rich need the poor but the inverse isn't true.
You mean poor like the the welfare queens and bums who never did a honest day's work? No-one needs them.
21
Strategist
2017 Oct 28, 9:36am
Strategist
2017 Oct 28, 9:36am
bob2356 says
The people working and adding value got paid for their input. Entrepreneurs like Henry Ford who created the assembly line got paid for theirs.
Why are you complaining?
Strategist says
Capitalism, entrepreneurs, hard work etc. Are you saying the welfare bums and queens feed the rich?
The people working and adding value feed the rich. Do you suppose henry ford made all those model t's with his own hands?
The people working and adding value got paid for their input. Entrepreneurs like Henry Ford who created the assembly line got paid for theirs.
Why are you complaining?
22
bob2356
2017 Oct 28, 11:18am
Strategist says
Where do you see a complaint? It was a simple declarative statement followed by a semi sarcastic question. . Henry Ford didn't make a dime for inventing the assembly line. He made money by people assembling things on the assembly line to sell.
The people working and adding value got paid for their input. Entrepreneurs like Henry Ford who created the assembly line got paid for theirs.
Why are you complaining?
Where do you see a complaint? It was a simple declarative statement followed by a semi sarcastic question. . Henry Ford didn't make a dime for inventing the assembly line. He made money by people assembling things on the assembly line to sell.
23
anotheraccount
2017 Oct 28, 1:57pm
anotheraccount
2017 Oct 28, 1:57pm
Sniper says
Were Bill Gates, Larry Page, Mark Zuckenberg, or Jeff Bezos rich when they started their companies? The answer is no. So there is a different between job creators and rich people that live off investment income. You seem to think that rich people that invest in bonds should get a tax cut.
They should THANK the rich people for giving them the opportunity to earn a living
Were Bill Gates, Larry Page, Mark Zuckenberg, or Jeff Bezos rich when they started their companies? The answer is no. So there is a different between job creators and rich people that live off investment income. You seem to think that rich people that invest in bonds should get a tax cut.
24
Strategist
2017 Oct 28, 1:58pm
Strategist
2017 Oct 28, 1:58pm
Sniper says
An assembly worker in Venezuela probably gets the average $28.00 per month. I believe that's what many American assembly workers gets in an hour. Instead of being grateful for such high wages, the American worker curses the business owners.
If the rich didn't go out on a limb and take a chance, these "poor" people would never get the chance to HAVE a job.
They should THANK the rich people for giving them the opportunity to earn a living. Sadly, a socialist like you will never understand that point.
An assembly worker in Venezuela probably gets the average $28.00 per month. I believe that's what many American assembly workers gets in an hour. Instead of being grateful for such high wages, the American worker curses the business owners.
25
anotheraccount
2017 Oct 28, 2:08pm
anotheraccount
2017 Oct 28, 2:08pm
Strategist says
American worker pays into payroll tax that funds our DOD budget. American worker has the right to demand more than someone in Venezuela.
Instead of being grateful for such high wages, the American worker curses the business owners.
American worker pays into payroll tax that funds our DOD budget. American worker has the right to demand more than someone in Venezuela.
26
Strategist
2017 Oct 28, 2:24pm
Strategist
2017 Oct 28, 2:24pm
anotheraccount says
They have no right to blackmail businesses for undeserved, above market wages. It's just a Mafia way of doing business.
Strategist saysInstead of being grateful for such high wages, the American worker curses the business owners.
American worker pays into payroll tax that funds our DOD budget. American worker has the right to demand more than someone in Venezuela.
They have no right to blackmail businesses for undeserved, above market wages. It's just a Mafia way of doing business.
27
anotheraccount
2017 Oct 28, 3:03pm
anotheraccount
2017 Oct 28, 3:03pm
Sniper says
Exactly my point. They were not rich when they started and created lots of jobs.
Sniper says
I've done it already.
If those guys never took a chance, started a business in their garage, went out on a limb, worked 100 hours a week, there never would have been a company later on hiring hundreds of people. They got rich by taking a chance
Exactly my point. They were not rich when they started and created lots of jobs.
Sniper says
That's something YOU'LL never do.
I've done it already.
28
anonymous
2017 Oct 28, 5:21pm
Sniper says
That would be people like trump and the koch bro's who earned their money the old fashioned way, they inherited it.
Unbelievable, you FIRST have to EARN the income to invest
That would be people like trump and the koch bro's who earned their money the old fashioned way, they inherited it.
29
joeyjojojunior
2017 Oct 29, 4:51pm
Why do you always put emotion into the discussion? Nobody is evil just because they make a higher income.
But, fiscal policy should be based on what tax levels produce the strongest economy. History has shown that allowing wealth to concentrate leads to huge problems so the tax structure should be designed to prevent it.
But, fiscal policy should be based on what tax levels produce the strongest economy. History has shown that allowing wealth to concentrate leads to huge problems so the tax structure should be designed to prevent it.
30
Strategist
2017 Oct 29, 7:59pm
Strategist
2017 Oct 29, 7:59pm
Sniper says
Those evil rich people are exploiting the rest of us. They use us, profit off the wealth we create, and then let us starve to death. How dare they make more then average.
Can you believe how evil those "rich" people are? We should take all their "high" incomes, after all, it's for the children, right?
Those evil rich people are exploiting the rest of us. They use us, profit off the wealth we create, and then let us starve to death. How dare they make more then average.
31
joeyjojojunior
2017 Oct 29, 8:02pm
Sniper says
Sure, as long as you understand it's not very convincing.
Sniper says
CIC, you're very worked up tonight. I do point out how income and wealth inequality leads to economic problems. I do NOT, however, ever call anyone evil because they make a high salary. Or own a business.
Because it's MY thread, I can do what the fuck I want in it. How's that?
Sure, as long as you understand it's not very convincing.
Sniper says
Are you kidding me, you whine constantly about those evil rich business owners and income inequality, CONSTANTLY!!!
CIC, you're very worked up tonight. I do point out how income and wealth inequality leads to economic problems. I do NOT, however, ever call anyone evil because they make a high salary. Or own a business.
It came in a discussion before students of the school's Institute of Politics and Public Service at the McCourt School of Public Policy. The discussion was directed by Cathy Koch, a tax expert and former Senate aide.
When the two turned to the taxes the rich pay, Mulvaney declared, "The top 20 percent of folks who file a tax return, the top 20 percent, pay 95 percent of the taxes."
That may be the highest ever. Just two years ago, it was 84 percent, according to the Wall Street Journal.
Any tax cut for middle income earners will also provide a benefit for those further up the income scale, including the top 20 percent who pay 95 percent of all income taxes, according to the director of the Office of Management and Budget.
http://www.washingtonexaminer.com/omb-top-20-pay-95-of-taxes-middle-class-single-digits/article/2638746