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FBGuy
yippee ki yay
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join:2005-03-19
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reply to Romney2012

Re: AVG off 11.4 GB/month shows caps not out of line

said by Romney2012:

And if you are in the TOP 10% you should pay more.
funny, i say the same thing about taxes but those idiots don't seem to think so either.

jay_rm

join:2002-04-12
Netville

said by FBGuy:

said by Romney2012:

And if you are in the TOP 10% you should pay more.
funny, i say the same thing about taxes but those idiots don't seem to think so either.
Funny - those in the top 10% DO pay more (much more) taxes by virtue of having a high level of taxable income. Duh.

But, that's off topic...
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Matt
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Jamestown, NC
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said by jay_rm:

said by FBGuy:

said by Romney2012:

And if you are in the TOP 10% you should pay more.
funny, i say the same thing about taxes but those idiots don't seem to think so either.
Funny - those in the top 10% DO pay more (much more) taxes by virtue of having a high level of taxable income. Duh.

But, that's off topic...
It is, but you have to factor in purchasing power and cost of living. 20% of $1,000,000 isn't as big a deal as 20% of $30,000.
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FBGuy
yippee ki yay
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reply to jay_rm
the arguement was that they should pay more(than they already do)



pog
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Kihei, HI
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reply to Matt

said by Matt:

It is, but you have to factor in purchasing power and cost of living. 20% of $1,000,000 isn't as big a deal as 20% of $30,000.
"big deal" to whom? I expect the bigger deal is that the guy making $30,000 only makes $30,000... isn't that what it all reduces to?

Why do I get the feeling that a larger and larger group of people won't be happy until the guy earning $30,000 gets a tax credit of say $10,000 and the guy making $1,000,000 pays 96% in taxes?
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MyDogHsFleas
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Austin, TX
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reply to Matt

said by Matt:

It is, but you have to factor in purchasing power and cost of living. 20% of $1,000,000 isn't as big a deal as 20% of $30,000.
the flip answer is: are you math challenged? 20% of 1M is 200K. 20% of 30K is 6K. Last I checked 200K > 6K.

the angry answer is: Have you even looked at the actual stats? NO ONE making 30K is paying ANY income taxes. In fact, the current administration wants to WRITE THEM A CHECK out of the pockets of the taxpayers, in other words, they will have a NEGATIVE TAX. If you try to "tax the rich" to pay for all the current admin's programs, you could raise the rates to 100% for "the rich" and still not close the deal.

Here's some facts: 10% of taxpayers make more than $92400/year and they pay 72.4% of all income taxes. 60% make less than $44,300 and they pay 3.3% of all income taxes. 40% make less than $30,500 and pay ZERO income tax.

the thoughtful answer is: Hmm.. How much more should "the rich" pay? On what basis do you draw the line? There really is no basis, because there's no principle involved. It's just an arbitrary number someone negotiated.


Van
Premium
join:2009-07-08
New Orleans, LA

1 edit

said by MyDogHsFleas See ProfileHere's some facts: 10% of taxpayers make more than $92400/year and they pay 72.4% of all income taxes. 60% make less than $44,300 and they pay 3.3% of all income taxes. 40% make less than $30,500 and pay ZERO income tax.[/bquote :

Considering you are plagiarizing from Fleischer and his talking points, I thought you would at least admit that those figures including payroll figures for the bottom 60% but not the top 10%.

Let's re-write what Ari said in REALITY terms - "A very small number of taxpayers -- the 10% of the country that makes more than $92,400 a year -- earned 40.9% of the nation's pre-tax income in 2005, and paid 54.8% of its federal taxes."

While the share of income taxes paid by the top 10 percent did in fact go up from 2001 to 2005 -- by 7.5 percent, to be precise -- and their portion of the nation's total tax liability rose 9.6 percent over the same time period, their share of the country's pre-tax income went up by 9.1 percent.

»www.salon.com/politics/war_room/···int.html


Matt
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reply to MyDogHsFleas

said by MyDogHsFleas:

said by Matt:

It is, but you have to factor in purchasing power and cost of living. 20% of $1,000,000 isn't as big a deal as 20% of $30,000.
the flip answer is: are you math challenged? 20% of 1M is 200K. 20% of 30K is 6K. Last I checked 200K > 6K.
My math was right. Who has the better lifestyle, the one making $800k or the one making $24k? And I've made $30k before I my life, I paid PLENTY of taxes.

Here are some actual facts to enlighten you: »www.taxfoundation.org/news/show/250.html

The bottom 50% pay an average tax rate of 14% while the Top 1% pay an average of 22%. Cry me a river. Everyone up to the top 1% pays about the same percentage.
--
"What is conservatism? Is it not adherence to the old and tried, against the new and untried?" - Abraham Lincoln

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