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The numbers ARE yours.....you did the math coming up with 19%....you're a decimal place off. It averages to 1.9%

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Originally Posted by Gregdoo
The numbers ARE yours.....you did the math coming up with 19%....you're a decimal place off. It averages to 1.9%


That has also been pointed out to him numerous times on this thread, he obviously doesn't see that he misunderstood the chart and or made an error in his calculations.








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All one has to do is walk in and say your EBT card was stolen and they issue another.
Take it out on the street sell it for pennys on the $ buy drugs or booze
and then go back the next day for another.
49.1% of the country is on one form or more of assistance!


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I know....was giving him the benefit of the doubt. Maybe in his world it is too easy to confuse billions and trillions and the number of zeroes in each.

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Originally Posted by djs


1. They are better able to pay to support the nation.
2. they have more freedom (choice is often derived from the ability to pay, so they have greater freedom of choice)
3. They derive a greater benefit in terms of protection, rights, living standards and, health (they can afford broccoli, fresh vegetables and excellent medical care).
4. They get more and better tax breaks than others. E.G., if I wasn't able to write off a number of deductions, my tax bill would be about $45-48,000 HIGHER each year. Thank God for those deductions; I'll use them all I can, realizing that I get something many don't!

It is interesting that many here keep defending the wealthier when in fact, they are not there and probably never will be. If a magic fairy gave everyone $2,000,000, then there would still be a top 1.5% and they wouldn�t be in it, according to the laws of statistics.


Yup, there MIGHT be a small gain if they do what you suggest but then "...and Socialist governments traditionally do make a financial mess. They [socialists] always run out of other people's money. It's quite a characteristic of them." Margaret Thatcher. So, what you suggest doesn't work at all. Yawn, next subject.




Last edited by AlaskaFE; 06/08/12.

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Originally Posted by djs
[quote=VarmintGuy]Djs: You are living in bizarro land if you think the bottom 50% of wage earners in this country today are paying 19.5% of their income to the Feds in income taxes every year!



The numbers are not mine; I took them directly from the initial posting and offer no opinion as to their veracity. The initial posting said: "2. In 2009, the bottom 50% of taxpayers, a group totaling 69 million, earned collectively more than $1 trillion and paid $19.5 billion in federal income taxes (see chart above).�




you're confusing dollars with per cent. $19.5 billion is less than 2% of a trillion dollars, not 19%.


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Liberal math... what's a zero or decimal point here or there... it's the agenda that matters...

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Originally Posted by djs

1. They are better able to pay to support the nation.

Completely irrelevant and goes against all sense of fairness. It is simply unethical to forcibly take more from one person than another simply because they have more.


2. they have more freedom (choice is often derived from the ability to pay, so they have greater freedom of choice)

What has that got to do with anything?


3. They derive a greater benefit in terms of protection, rights, living standards and, health (they can afford broccoli, fresh vegetables and excellent medical care).

Not true. I paid about $50K last year in taxes and used virtually no government services, while many around me that don't work received a stream of welfare payments, free healthcare, baby sitting services, etc. while they also cost the government money by their burden on the criminal justice system by frequent arrests and incarceration.


4. They get more and better tax breaks than others. E.G., if I wasn't able to write off a number of deductions, my tax bill would be about $45-48,000 HIGHER each year. Thank God for those deductions; I'll use them all I can, realizing that I get something many don't!

There's no such thing as a "tax break". It's simply reducing taxes that shouldn't have been owed to begin with. The government setting taxes at an exorbitant level then expecting to be praised because they temporarily reduced them is much akin to me claiming that I gave you a car because I didn't steal your vehicle.

It is interesting that many here keep defending the wealthier when in fact, they are not there and probably never will be. If a magic fairy gave everyone $2,000,000, then there would still be a top 1.5% and they wouldn�t be in it, according to the laws of statistics.

To anyone with a sense of fairness and decency it doesn't matter if they'll ever be in the top 1.5% or not, we can still tell right from wrong. I'll never be Chinese either, but I still feel sympathy for those living under the horrors of their communist system.

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"There are three kinds of lies: lies, damned lies and statistics."

grin


"Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence". John Adams

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what happened to djs? where is SAcharlie to straighten us all out? crazy


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Sulking. He went back and redid the math and found out he was almost in the top 100%.


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Originally Posted by Mntngoat
Originally Posted by djs
Let's look at it this way, using your numbers:

- the TOP 400 earners paid 19.8% of their income in taxes.
- the BOTTOM 50% of earners paid 19.5% of their income in taxes.


I am just below the top 1% in earnings and within the top 1% in wealth, and I feel that top earners can and should pay more to support the nation.



why should a person just because they earn more pay a higher % of their income to the government?

ML


Because it gives people like obama leverage to play the penis envey game.

Last edited by 17ACKLEYBEE; 06/08/12.

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Originally Posted by Gregdoo
The numbers ARE yours.....you did the math coming up with 19%....you're a decimal place off. It averages to 1.9%


All of you are right. I did slip a decimal point. Sorry.

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Originally Posted by eh76
what happened to djs? where is SAcharlie to straighten us all out? crazy


I'm here man, I had several meetings this afternoon and had to drop off. The math was my error.

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Originally Posted by eh76
Originally Posted by jorgeI
Originally Posted by 17ACKLEYBEE
Originally Posted by eh76
flat tax across the board is the way to go.


It's the only way. The law of the land even states everyone treated equally under the law why aren't we there. Can you say vote buying? Penis envey is Obama number one weapon.


I disagree, and rather favor the Fair Tax concept as it is rooted in consumption.


sales tax??


The Europeans favor a "Value Added" tax. Here's a quote from Investopedia:

"Definition of 'Value-Added Tax - VAT'
A type of consumption tax that is placed on a product whenever value is added at a stage of production and at final sale. Value-added tax (VAT) is most often used in the European Union. The amount of value-added tax that the user pays is the cost of the product, less any of the costs of materials used in the product that have already been taxed."

Read more: http://www.investopedia.com/terms/v/valueaddedtax.asp#ixzz1xFS5JPRy

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Originally Posted by eh76
flat tax across the board is the way to go.

You willing to put that on everything?


The end of democracy, and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations.
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deleted, (didnt finish the thread)

Last edited by Crockettnj; 06/08/12.

Originally Posted by Archerhunter

Quit giving in inch by inch then looking back to lament the mile behind ya and wonder how to preserve those few feet left in front of ya. They'll never stop until they're stopped. That's a fact.
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Originally Posted by SAcharlie
Originally Posted by eh76
flat tax across the board is the way to go.

You willing to put that on everything?


specify please. I am talking income tax only and ONLY after the goobermint cuts back on spending and eliminates redundancy. No I am not in favor of income tax and national sales tax.

I am referring to a flat rate income tax that applies to EVERYONE. If you feel the need to pay more tax to the goobermint to waste you go right ahead.

I am for the elimination of welfare and other social subsidy programs. People can get off their lazy asses and get a job. If there is going to be welfare they should perform some service...picking up trash is a good start. Even when I was a single parent raising 2 very young sons on my own and qualified for assistance I wouldn't take it. Hand outs are the easy/lazy way out.


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Specify!
Simply a flat tax on all income; no exceptions no adjustments.


The end of democracy, and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations.
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yep a same% on EVERYONE. I don't get any adjustments why should they?

You make $1 or $1,000,000 you pay the same rate top to bottom.

BUT in addition we need to gut goobermint services and ELIMINATE redundancy.


Liberalism is a mental disorder that leads to social disease.
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