Good Riddance to Mitt Romney

[Scott_in_TX]

Originally Posted by Graywalker

Arizona... yeah...

I think I will side with History, Facts, Logic, Math, Proof and Reason - call me crazy all you want. I, psychologists, economists, historians and scientists will call GOPhers crazy.

"I hope one day to make that much" - yeah.. and you vote for the people who are stacking the deck against you, robbing you blind and telling you its the invisible 'free loaders' who are doing it.

Its funny, I am an Independent - fiscal conservative, social liberal - and the most ardent, dyed in the wool, 'conservative' Republicans that I know are on welfare or living off someone else.

When a Republican tells you they got where they are by hard work, ask them "Whose hard work?" - cause its not likely to have been their's.

It irritates me that people will do everything they can to not pay taxes and then have the nerve to complain about bad roads, crappy school systems, useless police, etc. and when they get in a bind, they are the first ones in line for a handout.

Hard work got me where I am. MY hard work.
60+ hours a week at work and 12 hours of college credit at night.
That was the entry fee. Now that I have marketable skills; I earn more.

How is keeping more of my money, being robbed blind?? Or do you mean that you are being robbed blind by not being GIVEN money that never belonged to you???
Inflated taxes take money out of your(my) pocket ; that more resembles the robbery you speak of.

I am guessing that your reference to freeloaders being 'invisible' means they do not exist. That is laughable; even little children know human nature better than that.
By the time someone is old enough to vote they have experienced it; from one side or the other.

What irritates me is that some politicians spout about needing to take from the wealthy to fix the roads, improve schools, reduce crime and take care of the needy.
Then when they get their way and congress gives them HUNDREDS OF BILLIONS of dollars; they siphon it off to their cronies, solyndra anyone?
Then, when the problems still aren't fixed; blame conservatives who want to reduce spending.

And start spouting off about needing to take from the wealthy to fix.....
Then blame....
And start spouting off about needing to take from the wealthy to fix.....
Then blame....
----AD NAUSEUM---

Inflated taxes will NOT raise the standard of living in this country.

Scott

[zig]

The ones I'm voting for are the ones trying to fix the mess created by the ones who are stacking the deck against me. The socialist are the ones wanting more of what I work for. So they can give it to the free loaders I see everyday. Like Scott, I had my own business but wanted more so I went back to college. Worked full time, college full time, and served in the reserves to pay for college while being a father and husband. No one handed me anything. Why would I want to give extra tax money to free loaders if they aren't willing to work for it as hard as I have?

[whoaru99]

Originally Posted by Graywalker

the invisible 'free loaders' who are doing it.

Like the 47% who pay no Federal income tax? EVERYONE should have some skin in the game.

Considering the top 2% already pay nearly 50% of taxes I think they have enough skin in the game already.

IRS figures show the top 1 percent of earners take home 16.9 percent of the nation's total income, but pay 36.7 percent of the nation's income taxes.
The top 5 percent take home a little more than 31 percent of total income but pay almost 59 percent of all income taxes.
And the top 10 percent earn just over 43 percent of the total income but pay more than 70 percent of all income taxes.

"How are you going to make it fairer? If they pay 75 percent?," asks Arthur Brooks of the American Enterprise Institute. "If they pay 90 percent? If they pay all of it? Will that finally be fair?"

As it now stands, 90 percent of all Americans pay only 30 percent of all income taxes.

[george james]

Originally Posted by whoaru99

Like the 47% who pay no Federal income tax? EVERYONE should have some skin in the game.

Considering the top 2% already pay nearly 50% of taxes I think they have enough skin in the game already.

Good #'s. But the one u didn't use is % of income. Thats where the problem is.

[whoaru99]

Fed taxes chart.

[george james]

How does that address % of income?

[whoaru99]

We must be on a different page about what % of income means because to me that's what the total AGI % represents.

[Scott_in_TX]

If I may:

The percent of income question is probably due to Warren Buffet making the false claim that he pays a lower tax rate than his secretary.

This is a smoke and mirrors claim. It relies on people to not differentiate between income tax and capitol gains tax. It also relies on looking at taxes in a small window of time.

If you earn, inherit, win or otherwise acquire money in a legal manner; you pay taxes on it.
If you invest money in a company you are part owner in that company; if that company makes a profit then it/you pay taxes on that money.
If you take your money out of that company; you pay taxes on that money.
If you are successful and make millions; when you die the government takes half of your money.

So, you are looking at multiple taxation points on the same money.

35% Top income rate
35% Corporate rate
15% Capitol gains rate
35% (soon to be 55% to 60%) Death tax

If you consider corporate, capitol gains taxes and use a lifetime income to taxation ratio; there is no doubt that Warren Buffet will pay a SIGNIFICANTLY higher rate than his secretary.

[rburton1224]

OK, the elections are over. Now obama's ass needs to get busy and be a leader. Let's start with a budget. You know, a plan of what to do with the resources we have. Spend, spend, spend to piss money away faster than the tax-payers can earn it is not a plan. The dude (and dud) is a disaster. My dog can manage resources better, and she is just six months old!

[whoaru99]

Originally Posted by Scott_in_TX

This is a smoke and mirrors claim. It relies on people to not differentiate between income tax and capitol gains tax. It also relies on looking at taxes in a small window of time.

Yeah, but...but...they're not paying their fair share.