How can you guys not get it through your heads that this is IRRELEVANT. Of course the rich pay a much larger CHUNK of tax. They control a much LARGER chunk of the money. Of course the poor aren't paying as much. They're POOR. They CANNOT AFFORD IT. I cannot believe so many idiots here think that taxing the poor is fair. When you can barely afford the food on your plate you should NOT be taxed any more. The middle class pays a smaller chunk because... once again... they're NOT RICH. They actually pay a significantly higher PERCENTAGE TOTAL from their pay checks than the rich who pay the smallest amount of taxes percentage wise from their own paychecks. It's like this... If I have $1 and am poor I pay no taxes. If I have $10 and am middle class I pay $4 in taxes. If I have $100 and am filthy rich I pay $1.70 in taxes. And the rich somehow complain! The middle class is BY FAR the most burdened class in America. It's ridiculous. I cannot believe how BLIND people are to this fact. The poor don't pay many taxes because... get this... they're POOR. It's like asking for $$$ they don't have. Republican Plans CONTINUALLY just want to slaughter the middle class and poor while continually giving more and more to the rich. The USA is a SOCIALIST country. Socialist in a way that redistributes wealth to the rich instead of the poor. It's not capitalist. The government owns too many businesses and bails them out too much. You cannot compete with government funded businesses. There's no freedom of market because the government has taken over some of the biggest parts of that market like Banks. And why is it so hard to understand that the POOR cannot afford more taxes. The middle class is TAXED the most. Dumb Republican plans like the 9/9/9 plan and every single plan they ever conceive are designed to look goo but in the end increase the burden on the poor and middle class while significantly reducing the burden on the already spoiled Rich in this country. And if you're still saying "make it fair" you're an ignorant moron who's probably never been poor or is just plain stupid. I usually advocate not attacking people personally while debating but honestly I'm sick of it. If you support crap like this you're just plain wrong. It's as simple as this when it comes to taxes: Pay what you can. Poor can't afford taxes without potentially going hungry or being so poor that the American Dream of rising up becomes impossible or just too hard. The middle class, by the numbers, is the most taxes class. So what if the top 1% pay the most $$$ in sheer dollars. It's 100% IRRELEVANT. It's that way because they're filthy stinking rich. The middle class is also the primary thing in the economy yet we still want to crush them and continue making them disappear while the rich get richer. The upper class is the ONLY class that can right now pay more and do it easily. It's as simple as that. The poor and middle class need support. They're dying. The rich are literally doing BETTER THAN EVER. There is no bad economy for the rich. The businesses are making more money than ever. There's no reason they can't hire more people and stop the job shortage. They have enough. They're hording it. TAX THEM YOU IDIOTS. It's already proven through experience that all these Bush and Obama things DO NOT WORK. Giving the rich more and more won't cure crap. There's no such thing as the Trickle Down Effect and it's 100% myth. Funneling more money to the rich will serve NO PURPOSE except making them RICHER and screwing everyone else as the rich tend to horde horde horde. This economic crisis, at least in America, is FABRICATED. It's a result of the destruction of the middle class, the destruction of stuff like the glass-steagall regulation (some of which are good, some of which are bad, stereotyping all regulations to bad is dumb), and the redistribution of wealth socialism style to the rich. Now it's just one step to fixing the economy but it's one of the bigger and main ones. INCREASE TAXES ON THE RICH. Decrease them on the middle class. Pay what you can. There's more steps of course. But sadly most of the politicians are bought out and many of the voters (like many of you guys) fall for the idiotic propaganda. If the US becomes a 3rd world country it'll be because of Republicans. I'm no Democrat but they're not quite as bad (though still absolutely terrible).
tl;dr From 10 to over 15 trillion in not even 3 years. That's the fault of the Democrat's. The first 2 years of Obama's Presidency, when he had super majorities in both houses of Congress were the most reckless period of Government in history.
I did say the Democrats weren't much better. However Republicans are blocking several things that would help. Like raising taxes on the rich. That would 100% help. It's currently doing nothing but hurting. The Bush tax cuts that started with Bush that Obama continued (but now wants to kill) are hugely damaging. Republicans are blocking every single bad or good idea presented by Democrats. The leadership has admitted their main goal is to make Obama a one term president. They'd doing that by creating a situation where the government can't get anything done. The Republicans in congress are literally CORRUPT. They don't attack things by the issue. They attack things by who's currently president. They're purposefully sabotaging Obama and the American people. They're not voting for things that are necessary because they have Obama's name on them. I'm not saying if they listened to Obama and let Obama do his thing that all would be merry and candy land would become a real place. A lot of the Democrat ideas are stupid after all. They love spending way too much. They love bad regulations (some are good, some bad). They're ineffective and are capable of stupidity just the same as Republicans. But the way Republicans are blocking everything. The strategy of never letting even the GOOD stuff through because it's presented by Obama... It's downright corrupt. I'd go as far as say EVIL. We need to raise taxes on the rich. It's a fact. It would relieve a HUGE portion of the stress on government. Yes, we need to do a lot more. Our government is highly ineffective and needs a lot of work. But just getting rid of the Bush Tax cuts would already help with a huge portion of the problem. Republicans are all about paying fair shares but the rich just aren't. The middle class is the true burdened class in the United States. Get rid of loopholes. Raise taxes on the rich to middle class levels at LEAST.
Everything coming out of congress is just pandering to their base. They think we are all idiots and are going to listen to their bs reasons again. We need to vote them all out. I know the far left will stay on course because they want us all living in grass huts with no electricity beside illegals while the government implodes on spending while the far right want huge mega corporations that pay no taxes no bid contracts and no environmental regulations while everyone else suffers. We need to show them they work for us, change out every seat in congress and the white house everytime they come up for reelection. They will get the point after a little bit that we write their (*)(*)(*)(*)ing paycheck. Tax reform, no loopholes, increased rates on millionaires +, less bs regulations, reform social programs, caps on government spending, removal of all benefits for government officials voted out of office, insider trading rules on government officials, less lobbying, MORE ACCOUNTABILITY! I don't know why they come up with anything, I just listed 10 things off the top of my head...
It is NOT going to help to tax the people who HIRE people in a recession! Government Spending is 41% of the GDP, and it would take 67% in taxes on the private sector to pay for it. Currently the private sector is taxed 42%. We need to cut spending AND taxes, END OF STORY. If you think otherwise, you're either stupid, ignorant, or masochistic.
Empirical evidence has suggested that raising taxes has proved ineffective at reducing deficits. The reason is simple, governments spend every penny they get their hands on. Then they spend every penny they can get away with borrowing as well. Raising taxes increases the size of government. The only way to not end up as a third world country is to start kicking people off of gravy train. The only opposition to reform is from the democratic party. They are doing everything they can to destroy this country.
Because more tax revenue is "damaging"? Federal Revenue After The Bush Tax Cuts This country doesnt have a revenue problem......this country has a drunken liberal sailor whore binge spending problem. . . . .
People who hire people? Only a small portion of the wealthy in this country are what you guys like to call "job creators". Cutting taxes for that whole group of people at the expense of the middle class is insane.
At the expense of the middle class? Please elaborate. The middle class are also screwed by the big government you support.
Yes it is. It's been proven that taxes reduced to these insane levels is freakin' ineffective and does not do anything to increase jobs. Raising them wouldn't reduce them either. They're making more than they ever have and can easily afford it. The private sector is taxed 42% but how many rich actually pay that? Due to loopholes and stuff almost none. Instead they pay significantly less than the lower class. Some spending needs to be cut but Republicans tend to want to cut absolutely everything. The 90s weren't a bubble. It only crashed because of stupid moves like the destruction of the glass-steagall act. The businesses are making MORE now then they were before. The recession is only affecting really the poor and middle class as the rich are richer than ever. The gap is bigger than ever. Increase taxes. Cut spending when absolutely necessary. Make government work better. Blablabla.
Listen I am not here to criticize you I am here to wake you up. Please stop debasing conservatives I beg you. This is an insane venture. These are your neighbors, friends if you are true to yourself, your relatives co workers. These are people who love, cry, struggle, share, feel just like you. Now the fact remains that the democrats supported extending tax breaks when they had the majority even worse they allowed both conservative & democratic human beings to lose their homes. Not just any type of American I am referring to those who could well afford and deserved to be in their homes who worked two or three jobs, I mean bust their a@@ to get one h#ll of a degree. This degree set them up with six figure incomes. Unfortunately, those HB1 visas put him/her out of work. So, despite having excellent credit and staying away from accruing balances on credit cards despite 800 plus credit score no democrat came to bial them out. Oh that's right the dems agreed to bail out that 1% . Where was the bail out for conservatives who followed the rules where was the bail out for democrats who followed the rules. Wake Up! Your representative dem/rep share the same underlying end goal like it or not.
Baseless statement, prove it! If you make over $80k and are single, you pay 45% of it in income and payroll taxes. That means ALL job creators are taxed way over 45%. On top of that taxes make it more expensive to hire ANYONE. So not only does it hurt jobs to tax the job creators (fact), it hurts jobs to tax the other employees. Taxing just hurts the economy in general. Your argument is both factless, AND logicless. I don't think you understand. The private sector is taxed 42% OVERALL, the rich pay MORE. We should close the loopholes but we should also lower taxes. Like it or not closing those loopholes is going to kill jobs, not save them. So we need to lower taxes to compensate. And finally 50% of americans pay 0 taxes, ENOUGH of this "rich aren't paying their fair share" bull(*)(*)(*)(*)! And you obviously have no idea how businesses work, that's probably the only reason you are not on their side. Would you look favorably upon a business which forces people to pay, enforces it with violence, seeks higher revenues, but still spends more than it's revenues, produces (*)(*)(*)(*) products, and kills the economy in the process? That business is called the government, it's worse than any monopoly it has a monopoly on VIOLENCE. And they rely on people like you to keep them operating. It's very obvious you have NO understanding of the current recession. Houses were at $2 for every $1 you could rent the house for. Historically the fair price to buy a house is $1.05 for every $1 you could rent it for. This is a bubble with or without wallstreet. Also, I'll bet you can't name a single factual mechanism that connects this bubble with the glass-steagall act. And to boot it's very clear in any graph of home prices that the bubble started before the act was repealed! And the businesses are making more because they see the Federal reserve notes before the working class does. Before the federal reserve act and the ammending of the constitution, the only legal tender was gold and silver. In other words it was illegal to inflate the dollar. But you never hear democrats talking about going back to the constitution for solutions!
As I said clearly in the first post OVERALL is 100% IRRELEVANT. If one guy pays $100 and makes $200 a year and another 10 guys pay $2 and make $5 a year who REALLY has the larger burden? Overall is irrelevant. Completely and utterly. It's mathematically irrelevant as of COURSE the rich pay more taxes overall. They're RICHER. It's ethically irrelevant because while they pay more overall taxes they pay like HALF the percentage of their income taxes.
Well you're still wrong, but you brought up another wrong point in addition to the previous wrong point. The guy making $5 a year in our system doesn't pay ANY taxes. So who has the larger burden? The rich. 1. The top .1% account for 10% of all taxed income, but they pay 20% of the bill. 2. The top 1-.1% account for another 10% of all taxed income. But they pay 20% of all income taxes. 3. The top 1-10% account for another 10% of all taxed income. But they pay another 20% of all income taxes. 4. The top 10-50% account for 70% of all taxed income, but pay 40% of all income taxes 5. And the lower 50% pay 0% of all income taxes. Now, if you're in group 5 the only way the government can give you less burden is to pay you for having a low wage. If your in group 4 you are in the $100k/household territory, that is upper-middle-class. So the point is...the *only* people paying income taxes are the rich. http://www.irs.gov/pub/irs-soi/07in05tr.xls As for your first wrong point. Overall DOES matter because not everyone is pitching in to pay that 67%, only a "select" few. And the point was *they wouldn't be able to pay for it if the government taxed them 100%*. If you ignore the overall part then you're assuming that people don't pay different amounts of taxes. Which doesn't even fit into your own twisted view.
I think it is ironic that people think they can tax other's into prosperity. When the fact is if such a ridiculous notion was possible, once prosperous they would end up taxing themselves out of prosperity.
My $5 guys were middle class. The $2 lower class cannot pay because they don't have enough money to pay income taxes AND eat. Your whole point is just more "overall" crap which is 100% irrelevant. It doesn't matter if the upper class pays a larger amount of sheer $$$. That's because their rich. All your numbers say the same thing. They pay the most because they have the most. The middle class pays A LARGER PORTION of their income than the rich. Really the middle class has the largest burden. As "overall" means nothing to burden. The poor are poor. Stop pretending like the poor are rich or something. They can't afford crap. I'm going to quote you again and apply RED TEXT to all the irrelevant parts.
