What Do You Do With A Busted Rupert?

[roadrunner]

Vetbass
Top 1% pay 38% of Income tax
Top 10% pay 70%
Top 50% pay 97.3 %
Bottom 50% pay 2.6%

Maybe you would be happier if the top 10% payed 100% that seems fair since in your world they get to be the top 10% and don't work. How did they get their money with out working.

[Devils Horse]

Vetbass
Top 1% pay 38% of Income tax
Top 10% pay 70%
Top 50% pay 97.3 %
Bottom 50% pay 2.6%

Maybe you would be happier if the top 10% payed 100% that seems fair since in your world they get to be the top 10% and don't work. How did they get their money with out working.

Hey now, don't confuse the issue with facts. You trying to start an argument?

[roadrunner]

Hey now, don't confuse the issue with facts. You trying to start an argument?

I am not trying to start an argument I am tired of sitting here listening to Obama and Reid and Pelosi saying the millionaires (that is anyone who makes more than 250,000 jointly) should pay more. If they make this much money hooray it is there money and they are supporting the government in a big way by paying 70% of the tax burden. I am very upset this is not the America I grew up in, the America I was so proud of, this is not the America I want my children and grandchildren to grow up in and because I feel this way I am not going to be silent any more. The American dream is to succeed and it is a dream they are trying to take away.

WE DO NOT HAVE A PROBLEM OF BEING UNDERTAXED. WE HAVE A PROBLEM OF SPENDING WAY TOO MUCH MONEY.

Why do we have a debt limit---- it so we can not spend too much money it is a safety valve so why are we raising it? We can pay all our obligations with out raising the debt ceiling however we can not pay our debt and have this huge expanded government. So not raising the ceiling will force us to do what is best in the long run.

Charles Krauthammer: Allowed to keep? Is this his conception of what taxation is? This is the liberal idea that the government owns you and your income and will decide in the wisdom what it allow you to keep after deciding what you need what you are entitled to, and what income is extra.

[vetbass]

roadrunner your exactly right 1% pay 38% of income tax and if the repubs get their way that will only get worse as the middle class gets rubbed out--with no middle class all your left with is the poor and rich--the repubs wont be happy until were just like mexico where 1% of the population holds 90% of the wealth and the other 90% of the population fight, kill and sell drugs for the other 10%

[roadrunner]

roadrunner your exactly right 1% pay 38% of income tax and if the repubs get their way that will only get worse as the middle class gets rubbed out--with no middle class all your left with is the poor and rich--the repubs wont be happy until were just like mexico where 1% of the population holds 90% of the wealth and the other 90% of the population fight, kill and sell drugs for the other 10%

It is obvious if we keep going the way the democrats are going the upper and middle class will be wiped out. We will be bankrupt.

[kyfanatic]

I don't like Dems at all,I barely have any feelings for republicans.I think we should run the whole mess of them out of the country on a rail,start over with ordinary working class people who actually give a **** about this country,people who care more about the future than they do about lining their pockets.
I used to consider myself middle class,but since the Socialist Libs took over I seem to keep losing ground while they spend away for things I totally disagree with,meanwhile they keep finding new ways to take money away from me,as if they don't get a cut out of everything I do in this excuse for a free country.My family came to this land in the late 1500's to escape overtaxation and regulation from where they came,now we are worse off than the place they escaped from to start with.

[roadrunner]

I don't like Dems at all,I barely have any feelings for republicans.I think we should run the whole mess of them out of the country on a rail,start over with ordinary working class people who actually give a **** about this country,people who care more about the future than they do about lining their pockets.
I used to consider myself middle class,but since the Socialist Libs took over I seem to keep losing ground while they spend away for things I totally disagree with,meanwhile they keep finding new ways to take money away from me,as if they don't get a cut out of everything I do in this excuse for a free country.My family came to this land in the late 1500's to escape overtaxation and regulation from where they came,now we are worse off than the place they escaped from to start with.

I agree we don't need full time politicians we should send working people to Washington let them be there about a month then return to their jobs. This is what our founding fathers intended.

[RoadToad]

Vetbass
Top 1% pay 38% of Income tax
Top 10% pay 70%
Top 50% pay 97.3 %
Bottom 50% pay 2.6%

Maybe you would be happier if the top 10% payed 100% that seems fair since in your world they get to be the top 10% and don't work. How did they get their money with out working.

Where are you getting those numbers?

[GeoFisher]

Where are you getting those numbers?

http://www.kiplinger.com/features/ar...stacks-up.html

[RoadToad]

Thanks, Geo. As I thought, there's more to the story:
"The latest numbers from the IRS – based on 2008 tax returns – show that the top 1% of income earners paid 38.02% of individual income taxes paid. That’s a lot, but it’s actually a smaller share of the total tax bill than the top 1% paid in 2007. That year they paid 40.42%. We also learn from the IRS that, in 2008, the richest 1% of Americans made 20% of all the adjusted gross income reported. That’s almost twice the 12.75% of total income earned collectively by the lowest-earning 50% of workers. Yes, 1.4 million taxpayers earn 20% of all income reported while 70 million share just 12.75%."