Ummm....$380,000 a year is middle class.

borndead1 wrote:

Those figures are way off if one considers all taxes, not just federal income tax.

FuzzNJ wrote:

whatever,,,

Poor people don't pay property taxes Einstein..

and they get a welfare refund ,earned income tax credit.
So,they pay no taxes,suck up Gov't benefits and get a refund on taxes they never paid to begin with,,

seem fair ?

wheelrite wrote:

Sure, they're poor, probably ill or old and can't work for some reason. I don't mind that at all. It's the people in between the top 1% and bottom 1% that I would be referring to. And I can't believe I have to explain that because it should be obvious.

FuzzNJ wrote:

Dude even you...

Can't think it's fair that 5% pay 60 % of the bills...

so,it's ok 50% pay nothing..

Even you realize that half the country should pay something....

maybe you don't

Blind Idealogues and such,,,

wheelrite wrote:

Those figures are way off if one considers all taxes, not just federal income tax.

FuzzNJ wrote:

Dude even you...

Can't think it's fair that 5% pay 60 % of the bills...

so,it's ok 50% pay nothing..

wheelrite wrote:

In what Universe ?

give it up dude....

lol

just admit you're unimformed and need to study a bit...

luv ya !


wheel
Top 5% er..

wheelrite wrote:

This is why I say the word "" should be eliminated from the conversation. It is not . It was never intended to be . It is the system we set up.

A definition of could be that one person makes $1,000 and is taxed $100 and has $900 left. Another person makes $10,000 and is taxed $9,100 and has $900 left. They each have $900 left over so that is. This could be called the FuzzNJ/Brewha Punish Success Taxation System.

Another definition could be that one person makes $1,000 and is taxed at 10% so he pays $100 and has $900 left. Another person makes $10,000 and is taxed at 10% and pays $1000 and has $9000 left. They each paid the same percent of their income so that is.

The USA has chosen something in between that clearly isn't and punishes the successful with a much greater tax burden based on the logic that they'll still have plenty of money to go shopping, they aren't punished enough to pack up and go to the Caymans, Switzerland, or Monoco, and the lower end of the wealth spectrum will always have a sweet enough deal that they'll never take up torches and pitchforks.

The "progressive" part of our Federal income tax is its ability to eliminate insurrection.

HockeyDad wrote:

The longer this lasts, the more obvious it is that OWS simply wants the governement to take care of them.

tailgater wrote:

Yeah, they are worse than that AAPR crowd!

Brewha wrote:

My ex father in law grossed about 100K a year and paid maybe $1,500 a year in Federal income taxes. His accountant was a former IRS agent.

borndead1 wrote:

Just curious - When you say he paid 1,500 a year do you mean at the end of the year when he filed his income taxes or net total all year long. Unless he is self employed his net payroll taxes for federal should have had him paying ballpark 30k depending on his tax bracket directly from his paycheck.

MikeyRavioli wrote:

What I'm saying is if it truly is "the rich" who pay all the taxes, that top threshold would start at like 2 million, not 380,000.

borndead1 wrote:

1500 total. He laughed about it. Like I said, his accountant was a former IRS agent. He owned a small security company, 3 accounts and like 9-10 employees if I recall correctly. This was 10 years ago though. I don't know if he could still pull something like that off. I was making a point that people will find a way to weasel out of paying taxes if they can, and that working shlubs who get taxes witheld from their weekly paychecks are the ones who really pay most of the taxes. That whole "top 1% pay the most" argument looks compelling on the surface, but if you look at the fact that the tier STARTS at 380,000 a year, it doesn't add up. 380,000 a year is not rich. Far from it. If it were truly "the rich" who paid all the taxes, the starting tier for that 1% figure would be 2 or 3 million, not 380,000.

borndead1 wrote:

It sounds like you should report him for tax fraud so we can "Wesley Snipes" him and you can collect the reward!

HockeyDad wrote:

“The US punishes the successful”?

HockeyDad wrote: