9 Things The Rich Don't Want You To Know About Taxes

[pbrauer]

1. Poor Americans do pay taxes.
2. The wealthiest Americans don’t carry the burden.
3. In fact, the wealthy are paying less taxes.
4. Many of the very richest pay no current income taxes at all.
5. And (surprise!) since Reagan, only the wealthy have gained significant income.
6. When it comes to corporations, the story is much the same—less taxes.
7. Some corporate tax breaks destroy jobs.
8. Republicans like taxes too.
9. Other countries do it better.

See the details for the points above at the following link:
9 Things The Rich Don't Want You To Know About Taxes

 

[Objective Voice]

There's been an income disparity in this country for well over 75 years. It didn't just start during the Reagan era, but it did begin in earnest since. So, the statistics you've provided don't surprise me. The question becomes who within our current politics will be brave enough to stand against it? So far, no one has been able to change the rules that would allow those on the bottom to rise to the top. But I'll give credit where credit is due. Obama has atleast talked about it and this scares the hell out of the GOP, whose mandate has always been protect properity within the commercial sectors first and foremost and "taking care of the people" will come naturally as a by-product of capitalism.

The evidence presented shows otherwise. Moreover, if our current economic situation doesn't act as a strong indictment against corporate creed and irresponsible politics and governance, nothing will.

 

[Badmutha]

The one thing the Democrat Party doesnt want you to know..........

That liberalism.....like all forms of statism......is a complete lie and utter fraud.
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[Objective Voice]

I don't think anyone is saying that the rich haven't paid the lion's share of taxes in this country, but then again why shouldn't they?

Let's be honest about this tax issue if we can. The weathy have been given extremely generous tax breaks for well over 30 years! They can afford to pay alittle more in taxes right now. Besides, even in these difficult economic times the rich have gotten richer while the middle-class working man has seen his income either get significantly reduced or stagnated. Thus, for anyone to argue that the middle-class or the poor should be paying more in taxes is just plain crazy!

No one is calling for some outlandish tax hike on the rich. No one is saying that. However, if greed by zealous capitalist where the primary cause of our economic problems, then those who helped create this mess should be held responsible for cleaning it up or atleast be willing to pay alittle bit more towards paying down the debt. It is the right thing to do. Hence, the reason I all for allowing the Bush Tax Cuts to expire. Quite frankly, they shouldn't have been extended in the first place.

 

[TurtleDude]

what the left ignores is not who can pay the taxes but what happens when too many people dont pay income taxes. those people have no incentive to keep spending by the government down. their votes are easily bought by politicians who tell them that those politicians will give that voting bloc what they want and OTHERS will pay for it. Libs like OC whine that those others aren't paying enough to actually fund the vote buying handouts

People like me complain that this system is going to create more and more debt because the politicians who make the promises have to keep spending to maintain their constituents' support whether they can soak the rich enough or not

 

[TurtleDude]

I don't think anyone is saying that the rich haven't paid the lion's share of taxes in this country, but then again why shouldn't they?

Let's be honest about this tax issue if we can. The weathy have been given extremely generous tax breaks for well over 30 years! They can afford to pay alittle more in taxes right now. Besides, even in these difficult economic times the rich have gotten richer while the middle-class working man has seen his income either get significantly reduced or stagnated. Thus, for anyone to argue that the middle-class or the poor should be paying more in taxes is just plain crazy!

No one is calling for some outlandish tax hike on the rich. No one is saying that. However, if greed by zealous capitalist where the primary cause of our economic problems, then those who helped create this mess should be held responsible for cleaning it up or atleast be willing to pay alittle bit more towards paying down the debt. It is the right thing to do. Hence, the reason I all for allowing the Bush Tax Cuts to expire. Quite frankly, they shouldn't have been extended in the first place.

its the greed of the politicians and those who voted them into power based on the promises of getting handouts that others had to pay for that caused this mess.

and no one should pay 40% on dividends that were already taxed at the corporate level

I wonder how many of your rich clients would keep you employed if they knew you wanted them to pay massive tax hikes on investment income

i'd fire you in a heartbeat if you worked for me

 

[sazerac]

The rich need to be charged more for the use of the infrastructure our ancestors and we built. A lot more!. Nobody gets rich without the roads your uncle built or the trees your grandfather cut. Or the train tracks, the telephone poles. Houses for workers......

You gotta start sharing some of the money we helped you make! Or just stop using any of it. Its ours!

Go make your profits in some foreign cesspool if you don't like it.

 

[Whovian]

Remember this PB?????

It's a ****ing blog, Grim... :lamo BFD.

:failpail:

Right back at ya! :rofl:

 

[TurtleDude]

The rich need to be charged more for the use of the infrastructure our ancestors and we built. A lot more!. Nobody gets rich without the roads your uncle built or the trees your grandfather cut. Or the train tracks, the telephone poles. Houses for workers......

You gotta start sharing some of the money we helped you make! Or just stop using any of it. Its ours!

Go make your profits in some foreign cesspool if you don't like it.

why? if you got paid a fair wage-ie one you AGREED TO, wth are you whining about

and if you didn't and still did the work you are a sucker

your populist rantings-that your existence somehow benefits me or other people who have been successful is nonsense.

 

[Lord Tammerlain]

what the left ignores is not who can pay the taxes but what happens when too many people dont pay income taxes. those people have no incentive to keep spending by the government down. their votes are easily bought by politicians who tell them that those politicians will give that voting bloc what they want and OTHERS will pay for it. Libs like OC whine that those others aren't paying enough to actually fund the vote buying handouts

People like me complain that this system is going to create more and more debt because the politicians who make the promises have to keep spending to maintain their constituents' support whether they can soak the rich enough or not

With which programs are those who pay no income tax bought, that are also funded through the income tax?

 

[TurtleDude]

With which programs are those who pay no income tax bought, that are also funded through the income tax?

which programs have no taint of income or death tax dollars/

 

[Lord Tammerlain]

which programs have no taint of income or death tax dollars/

Social security and most of medicare if I am not mistaken

The two largest income redistribution programs within the US

 

[TurtleDude]

Social security and most of medicare if I am not mistaken

The two largest income redistribution programs within the US

what funds SSI

 

[Lord Tammerlain]

what funds SSI

Payroll taxes, which most tend to separate out of income taxes when discussing who pays federal income taxes

 

[deltabtry]

The rich need to be charged more for the use of the infrastructure our ancestors and we built. A lot more!. Nobody gets rich without the roads your uncle built or the trees your grandfather cut. Or the train tracks, the telephone poles. Houses for workers......

You gotta start sharing some of the money we helped you make! Or just stop using any of it. Its ours!

Go make your profits in some foreign cesspool if you don't like it.

Go make your profits in some foreign cesspool if you don't like it.

Well that's exactly what they are doing and on a massive scale, America really doesn't produce much of anything these days. As a result American end up being unemployed or working some minimum wage job or on the other extreme those jobs that do pay exclude the working class because of a lack of qualifications. Although I hear Hollywood is worth billions along with some shrills and town criers from liberal leanings such as Micheal Moore who hides his money in the Caribbean, BTW he doesn't donate jack to any worthy cause. Why do corporations flee to cesspools as you mentioned, yep it's cheaper to operate. Compared to most countries America is one of the most unfriendly countries to businesses. I suppose corporations could pay more and by doing so the cost of living goes up and so on and so forth. Bottom line is no one will be happy ever, it's human nature to have animosity towards those who are more fortunate than themselves.

The only thing that a government can promise in regards to parity or fairness would be misery.

 

[justabubba]

its the greed of the politicians and those who voted them into power based on the promises of getting handouts that others had to pay for that caused this mess.

and no one should pay 40% on dividends that were already taxed at the corporate level

I wonder how many of your rich clients would keep you employed if they knew you wanted them to pay massive tax hikes on investment income

i'd fire you in a heartbeat if you worked for me

why would his personal opinion the wealthy should be obligated to pay more in taxes prove to be a terminating offense?

 

[TurtleDude]

Payroll taxes, which most tend to separate out of income taxes when discussing who pays federal income taxes

Supplemental Security Income

 

[TurtleDude]

why would his personal opinion the wealthy should be obligated to pay more in taxes prove to be a terminating offense?

I wouldn't pay money voluntarily for someone who was working against my financial interests.

it would be aking to a FFL holder employing a board member of the Brady conspiracy against the second amendment as an accountant

 

[lpast]

I personally have no problem with the rich being rich or getting richer, more power to them...My recent problem with it is not only the blatant greed but the total utter callousness towards everyone that is not rich. The teaparty has the rich believing no one should have anything but them and they dont seem to care if anyone dies in the street as long as they dont have to pay any taxs.
Get rid of social security
Get rid of medicare
Get rid of medicaid
Get rid of pensions and health insurance

The teaparty rich seem to think their ENTITLEMENT is the BIG KAHOUNA to have it all and everyone else gets squat.

Theyve managed to turn this lifelong republican against them...I think there will be more coming the more they keep talking

The thing I like the most is...the teaparty is now telling us its for the kids...lol they hate when the liberals say that

 

[justabubba]

I wouldn't pay money voluntarily for someone who was working against my financial interests.

it would be aking to a FFL holder employing a board member of the Brady conspiracy against the second amendment as an accountant

how is is personal opinion found to be the action of working against your interests?

 

[TurtleDude]

I personally have no problem with the rich being rich or getting richer, more power to them...My recent problem with it is not only the blatant greed but the total utter callousness towards everyone that is not rich. The teaparty has the rich believing no one should have anything but them and they dont seem to care if anyone dies in the street as long as they dont have to pay any taxs.
Get rid of social security
Get rid of medicare
Get rid of medicaid
Get rid of pensions and health insurance

The teaparty rich seem to think their ENTITLEMENT is the BIG KAHOUNA to have it all and everyone else gets squat.

Theyve managed to turn this lifelong republican against them...I think there will be more coming the more they keep talking

The thing I like the most is...the teaparty is now telling us its for the kids...lol they hate when the liberals say that

now that was one silly little rant

 

[TurtleDude]

how is is personal opinion found to be the action of working against your interests?

you don't think OC confines his rich envy to one silly message board do you?

 

[sazerac]

why? if you got paid a fair wage-ie one you AGREED TO, wth are you whining about

and if you didn't and still did the work you are a sucker

your populist rantings-that your existence somehow benefits me or other people who have been successful is nonsense.

They are not paying me fairly for the use of my road and I want the money now or they can just stop using it. It has nothing to do with my employment.

 

[TurtleDude]

They are not paying me fairly for the use of my road and I want the money now or they can just stop using it. It has nothing to do with my employment.

what sort of nutty nonsense is that. what road? you own a road? LOL

 

[deltabtry]

They are not paying me fairly for the use of my road and I want the money now or they can just stop using it. It has nothing to do with my employment.

for them to use your road a trailer pays on or around 15,000 a year in road use taxes, not to mention fuel tax, cargo tax, insurance, state registrations and plates(every state you travel in will get a piece of this pie), DOT fees, State fees and taxes etc..oh lastly B/S fines. Companies are getting away from owning their own equipment and are now leasing, therefor companies directly are not responsible for using your roads.