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You either
a) Don't have any dependents
b) Don't have a mortgage
c) Don't know how to do taxes
d) All of the above
Considering I made last year and still had to pay, I can only say I pity those who got a pass... they must be share-cropper poor.
You either
a) Don't have any dependents
b) Don't have a mortgage
c) Don't know how to do taxes
d) All of the above
So, 39.6% = confiscatory. Check. At what point does a tax rate become confiscatory? An argument could be made that any rate does. But, what is your line in the sand?
Cute non sequitur.
I have a real hard time believing that 47% of our nation is share-cropper poor.
It's not. But the nature of the current tax laws and credits encourage gaming the system wherein, as I illustrated in an earlier thread, it's quite possible for a taxpayer to get more back than they contributed....hence the net credit 47%.
I remember that thread. I agree. It's bogus. It's also something that I think a flat tax (applied on income above the poverty level) would correct. No doubt there is some percentage of American households that shouldn't owe taxes, but it's a of a lot lower than 47%.
25% is too high. A flat tax would work somewhere between 17% to 20%.
Fair share by who's standards?
Not my fault you did your W4 wrong.
Those who got a pass in essence had children, or some other deduction(s). With the 2009 tax structure, nobody making less than $15,800 had any federal tax liability as a single person.
Who in are you to say 39.6% plus state taxes is a proper cut for the government?
If you think it's fair, I hope you are paying those rates as well.
I don't doubt you're right, CG -- there is a whole spectrum of poverty that fits into that %47. That said, I have trouble believing all the employees at fast-food restaurants, supermarkets, retail shops, etc don't make up a fair amount of your figure. It's my own damn fault I am where I am, but they're stuck there because they can't afford to spend time developing another skill and they didn't capitalize on their free education (or their free education didn't provide them with anything they can use). There's probably very little we can do for them, but maybe we could help their kids.
You dodged the question.
1099. I didn't really do it wrong... it's just expensive being self-employed.
It's called buying votes.
We now have 47% if income tax filers not having any federal tax liability. Add that to the college students and others who vote but file no returns and the progressives have a 50%+ captive voter audience.
Yeah, let's penalize those college kids and keep them in their dead-end jobs!
I said nothing of the sort. Stop making up. I simply asked a question, which you kinda dodged whereupon I then asked for clarification, which you dodged again. Enough with the non sequitur nonsense. At what point to you believe taxes become confiscatory? Furthermore, what delineates that point from other tax rates?
Be more compassionate towards those who are worse off than you.... it could have been you.
Yes, there are lazy, undeserving people... and there are also people who have had very hard lives, through little fault of their own. They are stuck where they are, and you label them as lazy or stupid. That is far from true.
And even if they were less intelligent than you, does that mean it is OK to have them live a life of suffering, where they can never save a penny? Just because you were born with better genes, or better parents, or were born into a better financial situation, or were born white, or ....?
Are you really so arrogant and clueless as to believe you are where you are... solely because of YOU?
Things have to change. The middle and lower classes cannot support themselves on even a single job anymore. You have to work 2 jobs, or live a very stressful life. This is not OK.
The cost of living continues to skyrocket, yet wages haven't budged much at all for the past 50 years.
Modern technology such as computers and automation have replaced many factory jobs, many jobs in all fields.
Outsourcing is making the problem even worse. Citizens have jobs by providing their communities a service. When you provide the service, but outsource the job, you are essentially sucking the community dry.
A lot has to change. I believe government has to step in.
Last edited by MiamiHeat; 04-12-2010 at 02:29 PM.
Or to paraphrase: Confiscatory by who's standards?
There should not be a dramatic difference in tax rates. If it's not confiscatory for the rich to pay that rate, then you and I should too.
That is just perspective. You are being greedy.
Someone who makes $30,000 a year, to remove near 40% is robbery. They are barely taking anything for themselves. They are not living a life of luxury, and they have not benefited greatly.
Someone who makes $5 million a year, they should have a lot to be thankful for. You have taken a great deal out of the American dream, and it has been good to you. You have reached the apex of stability. You never again have to worry about working, about your family's health, food on the table, a roof on your head, or clothes on your back.
That 40% to he who makes $5million is not a problem in comparison to he who makes only $30k. Yes, it's a lot of money to be taxed, but you are letting your greed and selfishness run you.
You have received a lot from the United States of America, give back for the greater good. You already have everything a human could want.
Ok, I'll try one more time. At what point to you believe taxes become confiscatory? Furthermore, what delineates that point from other tax rates?
No, the greedy ones are those wanting to take other people's money.
Rich people have a lot to be thankful for. They already have everything they could ever need.
Stop hoarding and give back, so that the government can improve the quality of life for ALL.
What right do you have to say when someone has enough?
I see you like sucking Uncle Sam's .
It most certainly isn't Lady Liberty you suck up to.
Government has only proven that they can improve the quality of life for those who work for the government. If you want to give back, do it through charity. Your dollars will go a of a lot further towards bettering someone's life than they will after being filtered through Washington DC.
When it's hurting the rest of the people. You have an incorrect assumption. You believe, if you could, in a fantasy hypothetical world, you could amass all the country's wealth in your bank account, and everyone else would be left at your mercy on what you do with your assets and how you spend it.
And this would be OK to you because "I can do whatever I want"
Greed can be helpful , as a motivator - but it certainly cannot be left untamed. Never forget that Greed is evil at it's core
I am not sure what you mean by this?
For the record, never in my life, have I taken a single cent from the government in any way shape or form.
Last edited by MiamiHeat; 04-12-2010 at 02:49 PM.
This is the root of all our problems.
People like you, believing it's the government's responsibility to make our lives better. It's not. It's the en lement mentality that is destroying this great nation.
Cynical viewpoint... what does the past have to do with the future? We are talking about reform. Things can be fixed and changed.
For example, Humanity has only proven that it is not possible to live in free society, free of persecution, etc.
Oh wait... America proved that it is possible.
I don't subscribe to your view of the world. We can fix this country.
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