Lets Tax The Shit out of the Rich.

Ricter · Jan 25, 2012

Quote from Trader666:

Do you even pay federal income tax in the United States?

Of course strictly speaking we don't know that you do, either.

Lucrum · Jan 25, 2012

Quote from Ricter:

Of course strictly speaking we don't know that you do, either.

More importantly we KNOW you don't, you admitted as much.

Ricter · Jan 25, 2012

Quote from Lucrum:

More importantly we KNOW you don't, you admitted as much.

Maybe I'm lying. The story sure gets your goat, don't it?

pspr · Jan 25, 2012

Quote from volente_00:

plot the upper tax bracket % versus the national debt. Notice what happens to both after 1980.

Can't get that image from the download but you can see it at this link.

http://www.heritage.org/budgetchartbook/top10-percent-income-earners

It shows the only group paying more taxes as a percent of the total since 1980 are the top 5% of wage earners with the top 1% of wage earners feeling the brunt of the increases.

Those in the lower tax brackets have seen their income tax liabilities drop like a rock.

futurecurrents · Jan 25, 2012

Quote from Ricter:

Maybe I'm lying. The story sure gets your goat, don't it?

Me neither. I'm a small business owner. I make moonshine. In fact I head the local 'Moonshiners for Ron Paul"

Lucrum · Jan 25, 2012

Quote from Ricter:

Maybe I'm lying. The story sure gets your goat, don't it?

So you're a liar? That's even worse.

It's not the "story", it's that you arrogantly presume to know what we tax payers should be paying when you pay little or nothing. I thought we covered this already. Have you no intellectual honesty/integrity whatsoever?

futurecurrents · Jan 25, 2012

Quote from pspr:

Can't get that image from the download but you can see it at this link.

http://www.heritage.org/budgetchartbook/top10-percent-income-earners

It shows the only group paying more taxes as a percent of the total since 1980 are the top 5% of wage earners with the top 1% of wage earners feeling the brunt of the increases.

Those in the lower tax brackets have seen their income tax liabilities drop like a rock.

Heritage? Really? You mean the Koch Plutocracy Propaganda Foundation? Is that all you got?

futurecurrents · Jan 25, 2012

In 1980 the average after-tax income was around 48000. In 2007 it was around 76000.

During the same period the top 5% went from 170k to 440k and the top 1% went from 346k to 1319k.

During the same period the top 1% went from controlling 30% of the nation's wealth to now controlling 40%. Can you say oligarchy?

http://www.cbo.gov/publications/collections/tax/2010/average_after-tax_income.pdf

Maverick74 · Jan 25, 2012

Quote from futurecurrents:

In 1980 the average income was around 48000. In 2007 it was around 76000.

During the same period the top 5% went from 170k to 440k and the top 1% went from 346k to 1319k.

During the same period the top 1% went from controlling 30% of the nation's wealth to now controlling 40%. Can you say oligarchy?

http://www.cbo.gov/publications/collections/tax/2010/average_after-tax_income.pdf

It's called inflation you dimwit. The people at the top own assets. The people at the bottom have debt. Assets inflate. If you want to stop that that disparity, tell your f*cking Keynesian friends on the left to stop printing money and the problem will be resolved.

Lucrum · Jan 25, 2012

Quote from Maverick74:

It's called inflation you dimwit. The people at the top own assets. The people at the bottom have debt. Assets inflate. If you want to stop that that disparity, tell your f*cking Keynesian friends on the left to stop printing money and the problem will be resolved.

Those pesky facts, liberals hate them you know.