How will tax cuts for the wealthy benefit all Americans ? (Page 11): Looking at the chart you provided It looks like the top 1% are enjoying a rather low tax rate as compared to the...

Coos Bay Tom Loc: coos bay oregon

VladimirPee wrote:

Tax Cuts have not been proposed only for the wealthy

Looking at the chart you provided It looks like the top 1% are enjoying a rather low tax rate as compared to the top 25% I don't see that as fair. I suppose with deductions and certain loopholes this evens out. My accountant uses every loophole at her disposal to help me at tax time. I would like to think zillionaires get charged at the same rate as the millionaire or thousandaire. I understand the bottom tier paying little or no taxes. Every low wage earner spends every dime they have to exist. Truly though nobody escapes taxes. Every consumer item has an added tax to it.
Taxes pay for roads and schools national defense etc. so they are necessary. Tax reform is necessary-- using your chart as an example shows me that absolutely the very wealthiest are getting a pretty sweet deal while the lower tax brackets down to the top 25% are getting a screwing.

America Only Loc: From the right hand of God

moldyoldy wrote:

Rich people have been hoarding all those extra profits, and storing it offshore.
Small business people are creating jobs.
Deregulation gets us poison food from china.
Fewer inspectors also helps t k**l us.
Regulations were put in place for a reason.
We let the banks get away from regulations and it almost destroyed the country.

Moron alert. The one percenter's already pay 80 percent of all taxes paid now. BUT broke dick c****es like you don't know crap about money issues. Cry someplace else. Get used to the thought you will no longer be able to climb up on Obama's lap and be his sock puppet. Yes we know you'll miss that tingling you had from his hand all deep up in ya....too bad for you!

America Only Loc: From the right hand of God

Coos Bay Tom wrote:

Looking at the chart you provided It looks like th... (show quote)

Lets hope more people back to work and getting off assistance can help out.

Glaucon

fredlott63 wrote:

In the 80's Reagan tax cuts made life better in America.

Reagan raised taxes eleven times and that might be what made our lives better. This is a good example of how we choose what we find to justify what we believe. That is a flaw we all have and need to allow for.

Super Dave Loc: Realville, USA

Glaucon wrote:

Reagan raised taxes eleven times and that might be what made our lives better. This is a good example of how we choose what we find to justify what we believe. That is a flaw we all have and need to allow for.

Overall taxe rates went down significantly.

Morgan

Coos Bay Tom wrote:

Looking at the chart you provided It looks like th... (show quote)

I don't mind the wealthy getting tax breaks if they actually use it creating jobs here and not over there. It hasn't worked out that way as it should have been. Just as importing and exporting hasn't worked in our favor. The American consumer has a lot of power behind it which we our giving away.

Morgan

Seems to me the problem is where the 50% lay.

Glaucon

Super Dave wrote:

Overall taxe rates went down significantly.

That is something you want to believe and you apparently are able to do so. Someone said, "We must not fool ourselves and we are the easiest to fool."

PeterS

Super Dave wrote:

Rich people take their money to places that encour... (show quote)

Gosh Dave, I've got one of those small businesses (several actually) how have I been targeted and destroyed by those evil liberals? You've listened to Rush too long Dave. You haven't a clue what you are talking about.

Big Bass

Glaucon wrote:

You sound like an old fart who is sucking up Socials Security payments at the public trough and getting Medicare for your senility. You welfare mooches are all alike.

Don't tell me - you are donating your SS to the needy vets. (NEVER!!!!)

Coos Bay Tom Loc: coos bay oregon

America Only wrote:

Lets hope more people back to work and getting off assistance can help out.

Jobs-- absolutely-- high paying manufacturing jobs like we used to have--- When I graduated high school everybody had a job--with health insurance !!. Within a few years this all changed. The people want jobs. Congress better work on that instead of the stupid ass power struggle they played the past 8 years.

Coos Bay Tom Loc: coos bay oregon

Morgan wrote:

I don't mind the wealthy getting tax breaks if they actually use it creating jobs here and not over there. It hasn't worked out that way as it should have been. Just as importing and exporting hasn't worked in our favor. The American consumer has a lot of power behind it which we our giving away.

Buy American made goods

Super Dave Loc: Realville, USA

Glaucon wrote:

That is something you want to believe and you apparently are able to do so. Someone said, "We must not fool ourselves and we are the easiest to fool."

http://taxfoundation.org/sites/taxfoundation.org/files/docs/Reagan%20tax%20cuts%20and%20revenue.jpg
You're just upset because it worked.

PeterS

Coos Bay Tom wrote:

Jobs-- absolutely-- high paying manufacturing jobs like we used to have--- When I graduated high school everybody had a job--with health insurance !!. Within a few years this all changed. The people want jobs. Congress better work on that instead of the stupid ass power struggle they played the past 8 years.

American unions were the reason jobs were high paying with benefits. Unions are all but dead in this country and there is nothing congress will do about that.

Glaucon

America Only wrote:

Moron alert. The one percenter's already pay 80 percent of all taxes paid now. BUT broke dick c****es like you don't know crap about money issues. Cry someplace else. Get used to the thought you will no longer be able to climb up on Obama's lap and be his sock puppet. Yes we know you'll miss that tingling you had from his hand all deep up in ya....too bad for you!

The top 1% would pay 80% of ALL Federal income taxes if they actually paid them and they don't. They would pay 80% if they didn't have many tax lawyers and tax accountants, but they do have them and they don't pay anything in the neighborhood of 80%. Some of the middle and lower class people find some comfort ignoring facts and taking their screwing very calmly and obediently and with a smile.