Have to agree with ya, Fuzz, my taxes have gone down. But then again, my income is only 1/3 of what it was during the Bush years. Thank you Mr. President for lowering my taxes by destroying my abiltiy to support my family. See, I'm more than willing to give Obama credit.

dude you really are dense...

The Fed Govt spends too much.Americans are not under taxed...

it's really that simple...

Have your wife pay more to the IRS if you feel she is under taxed.


wheel,

Dude, I was answering the question which taxes are the lowest in 50 years, dude.

It's really that simple . . .

Follow the conversation.

oops, my bad comrade

Nice try.

Those "lowest tax rates in the last 50 years" were because tey had to pay off WWII.

Plus, you could claim things on income taxes during that period - credit card interest being one - that you cannot claim now.

Plus there was no AMT.

Plus there were no 100% tax refunds if you were below a certain level of income.

And so on, and so on...

So I doooo pay for all the welfare in Harlem,,,

I knew it...

Um, no. Nice theory though.

http://www.usatoday.com/money/perfi/taxes/2010-05-10-taxes_N.htm 

Amid complaints about high taxes and calls for a smaller government, Americans paid their lowest level of taxes last year since Harry Truman's presidency, a USA TODAY analysis of federal data found.

Some conservative political movements such as the "Tea Party" have criticized federal spending as being out of control. While spending is up, taxes have fallen to exceptionally low levels.

Federal, state and local income taxes consumed 9.2% of all personal income in 2009, the lowest rate since 1950, the Bureau of Economic Analysis reports. That rate is far below the historic average of 12% for the last half-century. The overall tax burden hit bottom in December at 8.8.% of income before rising slightly in the first three months of 2010.

Individual tax rates vary widely based on how much a taxpayer earns, where the person lives and other factors. On average, though, the tax rate paid by all Americans — rich and poor, combined — has fallen 26% since the recession began in 2007. That means a $3,400 annual tax savings for a household paying the average national rate and earning the average national household income of $102,000.

This tax drop has boosted consumer spending and the economy, which grew at a 3.2% annual rate in the first quarter. It also has contributed to the federal debt growing to $8.4 trillion.

Taxes paid have fallen much faster than income in this recession. Personal income fell 2% last year. Taxes paid dropped 23%. The BEA classifies Social Security taxes as insurance payments and excludes them from the tax calculation.

Why the tax bite has eased:

• Stimulus law. One-third of last year's $862 billion economic stimulus went for tax cuts. Biggest reduction: The Making Work Pay tax credit reduced income taxes $800 for married couples earning up to $150,000.

• Progressive tax rates. Presidents Clinton and Bush pushed through a series of tax changes — credits, lower rates, higher exemptions — that slashed income taxes for poor and middle-class families. A drop in income now can trigger big tax breaks and sharply lower rates, sometimes falling to zero.

• Sales tax. Consumers cut spending sharply in this downturn, thereby paying less in sales taxes.

A Gallup Poll last month found that 48% thought taxes were "too high" and 45% thought they were "about right." Those saying taxes are "too high" remain near a 50-year low.

The lower tax burden should last at least through 2010, says Roberton Williams of the Tax Policy Center, a think tank in Washington, D.C. "Virtually all the stimulus tax cuts expire at the end of the year," he says. "So the key decision is whether to extend them into 2011."

Speaking on where they went...I think that most of the Anti-war population were in college at the time, and were just following the few who actually are Anti-war, mainly because it was viewed as the "cool thing" to be doing at the time. Most have grown up and have sense learned to form legitimate opinions on their own. I don’t think that who the president is had much to do with it. The college student of today has more to worry about than just doing the trendy thing and trying to fit in....like trying to secure a job so there’re not neck deep in debt for the rest of their lives.


Wheel...
I have received more back in taxes for the past 5 years than i have paid in....a lot more. I had one year where I only paid in $64.00 and got $564.00 back. I'm a little baffled at where the money is coming from.

Duh!

That's essentially what I said, moron.

We're paying less because the comparison you're making is to Harry-frickin'-post-WWII-debt-Truman.

And it is good that you're comparing tax rates to Harry Truman. Because those high tax rates during his administration - partially to pay for his Square Deal program - coupled with his Keynesean programs of price capping and rationing of goods and services were a major drag on the US economy. It created a HUGE black market during Truman's term. So much so that it forced a Republican turnover in Congress.

Hell, even Kennedy figured out that tax cuts did more for the economy than the opposite.

But if that's the point you're trying to make, then great: let's tax people who make $17,000.00 or less up to 22% of their income.

Oh yeah, and lets take 29% of the income from people who make $48,000.00 and less.

Yeah. Let's go back to Harry Truman's presidency, Fuzz.

Seriously, get your head out of your a** when you debate this stuff. You'll look like less of an idiot.

:-k So they are considering paying less in sales tax (due to less spending/buying) a positive??? As if people received a tax break because they didn't spend as much on goods/services??? Oh yeah...we all benefited from that. 🤦 How's that working out for the economy?

So the anti-war crowd just moved to incorporate the sales tax battle?

Just wow.[frypan]

Their hypocrisy is deafening, isn't it?
Perhaps they're using the approach of a comet as an excuse to hide.

My statement:

"taxes are at there lowest in 50 years"

The article states:

"Federal, state and local income taxes consumed 9.2% of all personal income in 2009, the lowest rate since 1950, the Bureau of Economic Analysis reports. That rate is far below the historic average of 12% for the last half-century"

This includes 10, 20, 30 and 40 years ago also, when Truman was not President. Didn't say the reasons were good or bad, didn't say why, I said it was.

"Stimulus law. One-third of last year's $862 billion economic stimulus went for tax cuts. Biggest reduction: The Making Work Pay tax credit reduced income taxes $800 for married couples earning up to $150,000."

Was another reason.

When Kennedy cut taxes the highest rate was what, 90+%? Yeah, far higher than the 35-39$ being discussed now.
Bush tax cuts are another.

Wondering if Potts can write a post without calling someone a moron, or an ass or something similar.

Ron Paul supports the elimination of the income tax and the Internal Revenue Service (IRS). He asserts that Congress had no power to impose a direct income tax and has introduced legislation to repeal of the 16th Amendment to the Constitution, which was ratified on February 3, 1913.

An income tax is the most degrading and totalitarian of all possible taxes. Its implementation wrongly suggests that the government owns the lives and labor of the citizens it is supposed to represent. Tellingly, “a heavy progressive or graduated income tax” is Plank #2 of the Communist Manifesto, which was written by Karl Marx and Friedrich Engels and first published in 1848.

To provide funding for the federal government, Ron Paul supports excise taxes, non-protectionist tariffs, massive cuts in spending.

Ron Paul discusses the income tax and the “FAIR Tax” in May 2007:


On November 20, 2008 Ron Paul said in a New York Times / Freakonomics interview:

“I want to abolish the income tax, but I don’t want to replace it with anything. About 45 percent of all federal revenue comes from the personal income tax. That means that about 55 percent — over half of all revenue — comes from other sources, like excise taxes, fees, and corporate taxes.

We could eliminate the income tax, replace it with nothing, and still fund the same level of big government we had in the late 1990s. We don’t need to “replace” the income tax at all. I see a consumption tax as being a little better than the personal income tax, and I would vote for the Fair-Tax if it came up in the House of Representatives, but it is not my goal. We can do better.”

On May 7, 2001, Ron Paul wrote the following column:

The Case Against the Income Tax

Could America exist without an income tax? The idea seems radical, yet in truth America did just fine without a federal income tax for the first 126 years of its history. Prior to 1913, the government operated with revenues raised through tariffs, excise taxes, and property taxes, without ever touching a worker’s paycheck. In the late 1800s, when Congress first attempted to impose an income tax, the notion of taxing a citizen’s hard work was considered radical! Public outcry ensued; more importantly, the Supreme Court ruled the income tax unconstitutional. Only with passage of the 16th Amendment did Congress gain the ability to tax the productive endeavors of its citizens.

Yet don’t we need an income tax to fund the important functions of the federal government? You may be surprised to know that the income tax accounts for only approximately one-third of federal revenue. Only 10 years ago, the federal budget was roughly one-third less than it is today. Surely we could find ways to cut spending back to 1990 levels, especially when the Treasury has single year tax surpluses for the past several years. So perhaps the idea of an America without an income tax is not so radical after all.

The harmful effects of the income tax are obvious. First and foremost, it has enabled government to expand far beyond its proper constitutional limits, regulating virtually every aspect of our lives. It has given government a claim on our lives and work, destroying our privacy in the process. It takes billions of dollars out of the legitimate private economy, with most Americans giving more than a third of everything they make to the federal government. This economic drain destroys jobs and penalizes productive behavior. The ridiculous complexity of the tax laws makes compliance a nightmare for both individuals and businesses. All things considered, our Founders would be dismayed by the income tax mess and the tragic loss of liberty which results.

America without an income tax would be far more prosperous and far more free, but we must be prepared to fight to regain the liberty we have lost incrementally over the past century. I recently introduced “The Liberty Amendment,” legislation which would repeal the 16th Amendment and effectively abolish the income tax. I truly believe that real tax reform, reform that so many frustrated Americans desperately want, requires bold legislation that challenges the Washington mind set. Congress talks about reform, but the current tax debate really involves nothing of substance. Both parties are content to continue tinkering with the edges of the tax code to please various special interests. The Liberty Amendment is an attempt to eliminate the system altogether, forcing Congress to find a simple and fair way to collect limited federal revenues. Most of all, the Liberty Amendment is an initiative aimed at reducing the size and scope of the federal government.

Is it impossible to end the income tax? I don’t believe so. In fact, I believe a serious groundswell movement of disaffected taxpayers is growing in this country. Millions of Americans are fed up with the current tax system, and they will bring pressure on Congress. Some sidestep Congress completely, bringing legal challenges questioning the validity of the tax code and the 16th Amendment itself. Ultimately, the Liberty Amendment could serve as a flashpoint for these millions of voices.







GET RADICAL FOR A CHANGE AND CAST YOUR VOTE FOR SOMEONE THAT WILL FIX AMERICA!!!

you forgot, cell phone tax, landline tax, satellite/cable tax, city permits, alcohol tax, cigarette tax, bullet tax, and many more that i cant think of.

just trying to help a brotha out![sarcasm]

Where Did All the Anti-War Protesters Go?





The same place all the big government anti-socialist protesters went while Bush was in office.