Most people only think of the income tax and possibly Social Security when talking about who pays what. All the supply side dunderheads that point to the upper this % pays that % of taxes and the bottom half doesn't pay and they get a free ride blah, blah, blah. Well they never mention all the sales taxes and property taxes (renters pay their landlord's property taxes) and gas taxes etc. It's just income tax this or that. They also don't mention that State and Local taxes have increased to make up for cuts in Federal spending at those levels. They don't mention that dividends and capital gains are taxed at 15% while middle class couples pay almost 33% including Social Security contributions. Remember, there's no Social Security taken out of UNEARNED income. Since the Reagan tax overhaul, the Social Security payments that were suppose to be put away for the baby boom generation were, as you prefer, either spent in lieu of income tax receipts or rebated to the upper 1% as tax cuts.
2007-10-30
13:03:32
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14 answers
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asked by
Anonymous
in
Politics & Government
➔ Politics
Despite more money coming from the bottom 90% of the income earners the Government has fallen 9 trillion dollars in debt. All of this has been foisted upon those who have the most to lose, those who work for a living and believed that the tax cuts included them.
2007-10-30
13:03:44 ·
update #1
Nice one.
Don't worry. The Cons have their chickens coming home to roost. The Republican Party (as it is now) is self-destructing.
And if they don't stop this 'smearing' and 'whining' (instead of contributing constructively) the end is going to come sooner than later.
2007-10-30 13:14:46
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answer #1
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answered by Anonymous
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#1 Many believe what they have been told, regardless who tells it, what sources they site, if any, because it fits their political agenda.
I used to be a Rush Ditto head, that is, until I started looking into what he was saying and quickly found out the guy was exaggerating, making stuff up on the fly, assuming and just plain lying.
#2 What the government did was give the middle class a tax cut and then shifted it over to fee's, taxes we don't pay attention too (like your cell phone, power bill, etc), other taxes that are hidden, fines, while cutting back on services. The middle class never got a tax break, they got a tax shift, or more importantly a tax shaft.
Many Cons want to believe what they are spoon fed because people tell them its true.
How many times have I seen a post by a con that doesn't have a link, just an accusation? Plenty. How many times have I said a simple phrase, "Link Please" and gotten 2, 5, 8, as much as 12 thumbs down? Plenty.
It would be best if you provided a link to back up what you say. Without it, I can't be swayed one way or the other. I need to see your source, to find out it isn't some left wing smear site, or god forbid, a right wing source like Newsmax.
I am not blaming all cons. Many who are here are good decent people. Some are just plain nuts. The above goes for the far left as well.
It's those far righties and far lefties people listen too because they make the most noise.
Peace
Jim
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2007-10-30 13:15:35
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answer #2
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answered by Anonymous
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wow I never heard so much baloney from a person before. In your whole statement nothing changes the facts. Except where renters pay the landlord's property tax. So how do I get my tenants top pay my property tax, except of course by keeping out a rent check or two to do it. My old landlord must have missed that one, bc I never paid his property tax. And before you jump my case I make less than 30k a year, and I bust my a$$ for every dollar I make. Maybe you should get the freeloaders off there a$$ and to work and maybe our deficit wont be as much and this country would be better off!
2007-10-30 13:18:38
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answer #3
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answered by rizinoutlaw 5
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You are right.
Local taxes, sales and property, are regressive as a percentage of either income or wealth, and federal taxes should stay progressive.
Also, since the the government is still skimming off the extra social security withholding that the baby boomers are currently PAYING - federal taxes get tilted over to regressive, as well.
moderate incomes are shouldering too much already and people can feel the squeeze, even if they don't understand the cause.
2007-10-30 13:12:07
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answer #4
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answered by oohhbother 7
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With all those taxes you seem to be paying I guess its keeping you from getting that face fixed. Enough with the taxes and the handouts already the federal government needs to cut taxes and spending and the state and local governments need to stop spending and learn how to do without like the rest of us who have to budget ourselves the federal government does nothing it takes and spends and as long as we all roll over and empty our pockets they will continue to take. enough is enough on either side.
2007-10-30 13:13:44
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answer #5
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answered by fraz 4
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Your numbers are wrong. The top 10% pays far more than 50% of the taxes.
Next time use Warren Buffet as an example. Without any exceptional tax planning he only pays 17.5% in taxes. (This is what HE said in an interview on CNBC today.) He has a $1M challenge to anyone on the Forbes 400 list to prove they pay a higher percentage than the average of their company admins. There have been no takers.
The solution is to raise the %-age the Buffets pay to 25% and eliminate all taxes on income below say $120K.
2007-10-30 13:07:11
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answer #6
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answered by Anonymous
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So you don't the rich pays sales taxes? They pay much more, they spend more. Those state and local taxes are higher for them, because their property is worth more. Most middle class do not have to worry about exceeding the 1/2 million (per couple) in capital gains taxes they would be hit with. You are making up stuff to whine about.
2007-10-30 13:10:52
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answer #7
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answered by Anonymous
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I think the libs would appreciate it if you would not try to speak for them anymore.
2007-10-30 14:15:28
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answer #8
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answered by DOIN' RIGHT AINT GOT NO END 3
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Obedient serfs always protect their masters.
2007-10-30 13:14:54
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answer #9
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answered by suanniiq 3
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Wrong but nice try
2007-10-30 13:16:31
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answer #10
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answered by Anonymous
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