Pacridge
DP Veteran
Your dad qualifies for 100% but recieves 1%? I'm not sure I understand.vauge said:I have to admit that my response comes from:
a. Speeches by Bush
b. Personal observation (dad)
My dad is a veteran. My dad is a baby boomer. He was shot up pretty bad on the 45th parallel as a marine...etc..
This year, his monthly check (which he qualifies for 100%, but only recieves 1% by requirement) has gone up significantly. The VA clinic, he is not near a large city, has said they have recieved funds for more equipment and people.
I did not get the time today to investigate this like I wanted. But, your source however is excellent. We just started FY 2005. It is pretty sick that the funds would go DOWN.
Your right, this does indeed sound strange. My dad is a very proud man. He was shot 4 times and has a metal plate in his head. He doesn't want the governments money and told them as much. It's not because he doens't love this country or respect everyone in it. He is humble. "I did my time, They paid me while I was on the job, why should they pay me for doing nothing now?" But, by law he has to take disability from the government. The minimum is 1%.Your dad qualifies for 100% but recieves 1%? I'm not sure I understand.
Heeereees Johnny! Jack Nicholson.Argonaut said:P.S. A Gold Star to the first poster who guesses the identity of my avatar (hint- it's from a movie).
Pacridge said:Heeereees Johnny! Jack Nicholson.
Everything from his tax cuts that he said went to lower and middle class that, it turns out, did not.
My problem is Bush said "The vast majority of my [proposed] tax cuts go to the bottom end of the spectrum." It turns out this just isn't true. The way the numbers really work out are: 42.6 percent of Bush's $1.6 trillion tax cut package end up in the pockets of the top 1 percent of earners. The lowest 60 percent would net 12.6 percent. So the vast majority does not go to the bottom it ends up going to the top. You can verify these number sat any nuber of sources including the OMB.CSA_TX said:Pacridge
Please explain this to me. IF all tax brackets were dropped how is it that the tax cuts did not effect every tax payer.
This is one thing that really pissed me off regarding the dems this last election they continued to talk about the rich getting all the tax breaks however I am not rich and I know I got a couple checks from the federal government as well my tax rate dropped. Of course the rich got a tax cut everyone did. They got a bigger tax cut however they pay the most in taxes. I am admintly against diferent tax rates I think we should have a flat tax. Everyone pays a certain percentage. The rich would still pay more the poor would still pay less however it would be fair and even. IF we live in a country that everyone is equal shouldn't we all pay the same percentage? Why should someone who is rich have to pay a higher percentage than someone who is not?
That's kind of what I've been suspecting. A flat tax would place a larger overall burden on the least able to pay. But on the surface it sounds very good. It's kinda like the position of "it's it a good thing when we cut everybody taxes equally, I mean isn't that just fair?" Well, yes and no. Life and taxes aren't always that simple. Things aren't quite that black and white. Thanks for getting those numbers.heyjoeo said:I'm too lazy to organize the rest. Anyway, as you see in that data there. The SHARE of the Federal Tax Burder INCREASED on the middle class and DECREASED THE MOST on the top 5% and top 1%. Is this fair? I think not.
If you make a flat pay, the lower and middle classes will pay EVEN MORE money towards tax while the upper class will pay even less.
Quoted from site above:That's kind of what I've been suspecting. A flat tax would place a larger overall burden on the least able to pay.
It almost sounds too good to be true. You know what they say about things that sound too good to be true?vauge said:Quoted from site above:
About Flat Tax:
"Taxable income is defined as total income minus savings and investments minus a threshold income. The typical family threshold income is $36,800."
If you make LESS than $36,800 a year - you pay nothing in the Flat Tax system.
heyjoeo said:Share of Federal Tax Burden
Lowest 20%
1.1%
-0.1%
Second 20%
5.2%
-0.2%
Middle 20%
10.5%
+0.2%
Fourth 20%
19.5%
+0.7%
Top 20%
63.5%
-0.6%
Top 5%
35.9%
-1.5%
Top 1%
20.1%
-1.8%
Source: Congressional Budget Office, "Effective Federal Tax Rates Under Current Law , 2001 to 2014," Tables 2, 4.
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