Unemployment falls to 7%

I know how statistics work...in this case you have no data to back up splitting gun ownership in halve.

 

When did 50%, 80%, 90% and 95% become quintiles. Actually, The bottom quintile is those below 20%. The second lowest quintile is those below 40% but above 20%, the 3rd quintile is those below 60% and above 40%. the 4th quintile is those below 80% but above 60%. The 5th quintile are those above 80%

Dnsmith does know how to blow smoke.

 

Don't know, huh?

What part of "over 35% of their income" do you not understand?

 

Wow! Tell me again that you were not discussing parties and where the guns are When you posted:

And

Like I said, you are statistics challenged in at least two threads now. Or how about when you said the following graph didn't show income variations between the poor and the top 4 quintiles who got progressively more wage than the poor? And claimed it did not adjust for inflation when it is written on the left of the graph?

View attachment 24445 Click on image/link to enlarge.

 

ROFL already showed you don't know the difference between tax rates and tax share. If you don't know what an effective tax rate versus a marginal tax rate versus percent of taxes paid not my problem. Go educate yourself.

This is about percent of tax revenues that is the fair share of the top 1%.

Thanks for proving my point, those who claim the top 1% are not paying their fair share of taxes will never state what that fair share is and what the fair share of the bottom 50% is.

What part of fair share of tax revenues collected don't you understand?

And again tell my what is the primary purpose of a tax system, to raise the most money in the most effective way or to take certain percentage of a persons income regardless of the effect on tax revenues?

 

So what is the "fair share" of the tax burden for each of those income groups?

 

Cause they dont make enough.

Plenty of economists actually propose it the other way around: Higher taxes on consumption with lower taxes on work. rebates for the lower incomes.

 

Typical BS, they pay SS, sales taxes, medicare,...

And unlike the highest income brackets they do feel this quite badly.

Not left and as I already said its impossible to say an actual number. You keep harping on that just shows you dont get it .

 

Why are the wealthiest not investing in better products at lower cost with their record profits?

 

This is like saying people with lower incomes don't make enough to create savings. If a person earns $300 per week, please explain why this person cannot save $5 per week?

If the person above can save $5 per week then the person above can pay some income taxes...how about $500 per year? $500 per year is only $10 per weekly pay check.

It's not about being able to 'afford' taxes or savings etc...it's simply that people refuse to even try...just take a free ride...

 

The top 1% should be paying a percentage of their income at the same rate as most of the rest of the people. There is a line near the bottom where people should pay 0% but it should not be any where near the 50% of the population point where it exists today. If someone is earning $30,000 they should pay the same % on the dollar that someone who is making one million dollars a year.

 

Please elaborate, they make enough for LOTS of things why not to pay federal income taxes like the other 51% of citizens do? Aren't they also responsible for funding government and if not why not?

 

That's not the question even though the top earners pay the highest effective rate.

The question to the liberals is what is their "fair share" of the tax burden.

What about where they pay -9%?

So you believe we should raise tax rates on the people making $30,000 so they pay the same effective tax rates as someone who makes $1,000,000?

 

What are you talking about? I have no idea of what percentage of the total tax share the top 1% should pay. It should not be based on their being in the top 1% It should only have to do with a rate on their income.

I think its funny you think I am on the Left.

 

Typical ignorance, sales taxes are not Federal taxes so a specious arguement, and FICA taxes are reimbursed through the EITC.

Then it is impossible to say, as the left and Obama claim, the highest earners do not pay their fair share of the tax burden isn't it.

 

Why is it so important to you to screw low income people more?

Can you give me some statistics to back up your opinion? You do not like low income people. That is your right but I find it a very biased opinion.

maybe you will understand this better than other posters:

View attachment 24457

 

Baloney. Them that gots gotta pay them most.

 

Same as before. Over 35% of their household income.

 

Millions for defense (against the tyranny of Obamacare) but not one cent for tribute.

Which makes me wonder, when does a tax rise to the level of being tribute?

James Madison rightly pointed out that: “The government of the United States is a definite (limited) government, confined to specified objects. Charity is no part of the legislative duty of the government.”

For years that principle was generally adhered to especially since progressive taxation and thus the government’s access to easy money (easily taken without much popular opposition) was largely prohibited by the Constitution’s provision that (federal) direct taxes be proportioned to the census thereby ensuring a flat rate of taxation. That ensured that everyone’s rate would be low and that if anyone paid, then everyone paid and paid the same rate; now that’s a fair share. The people with the most to protect would still pay the most (10% of a million dollars is far more than 10% of a thousand dollars), but the rest would also have an interest in keeping the tax rate low to spare themselves too.​

It is unconstitutional. There is no basis in the Constitution for the government to compel a citizen to make a contract for a service with a private company.

Tyrants need to be fought.

 

Yes, it is typically ignored by the right. Why should we only consider income taxes? All taxes affect all people. The right think that they can give a phony argument on one type of tax by ignoring the rest. It only makes sense in their heads.

 

"From each according to his ability, to each according to his needs" Right comrade?

Forward!

The Marxism is strong in this one.

 

It sounds more social than, He who has the most gold makes the most rules.

 

[video=youtube;O55aRrvXtio]http://www.youtube.com/watch?v=O55aRrvXtio[/video]

Because it was a lie.

 

...after the elections perhaps?

No. I did not read the report.

 

Lying is what the Obama administration is best at. Our recovery is slow and weaker than it should be because the ideological left fails to understand that the economy, not the government makes most of the jobs. FDR's depression didn't really end until after the stimulus of WW!!. Surely we can learn from our mistakes during the next election.