Individual A Earns $50,000 and has $8,625 (17.2%) taken from him in income tax.
Individual B Earns $100,000 and has $21,617 (21.6%) taken from him in income tax.
Individual C Earns $200,000 and has $50,897 (25.4%) taken from him in income tax.
Scenario 2 -
Individual A earns $50,000 and has $5,000 (10%) taken from him in income tax.
Individual B earns $100,000 and has $10,000 (10%) taken from him in income tax.
Individual C earns $200,000 and has $20,000 (10%) taken from him in income tax.
Which scenario is more "fair"?
Scenario 2 is clearly more "fair" (impossible to dispute if words mean things to you). Yet...
Our leader gives speeches, witha straight face, telling us that individual C who is having six timesas much of his money in dollars and paying a tax rate 33% higher than individual A, is not paying as fair a share as individual A. Does individual C get 7 times the "services" as individual A? Is that how our king conjurs "inequity" from this all true real example? Does the more one makes make him more likely to depend on "government services"? Someone please help.
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To remove first post, remove entire topic.
Scenario 1 -
Individual A Earns $50,000 and has $8,625 (17.2%) taken from him in income tax.
Individual B Earns $100,000 and has $21,617 (21.6%) taken from him in income tax.
Individual C Earns $200,000 and has $50,897 (25.4%) taken from him in income tax.
Scenario 2 -
Individual A earns $50,000 and has $5,000 (10%) taken from him in income tax.
Individual B earns $100,000 and has $10,000 (10%) taken from him in income tax.
Individual C earns $200,000 and has $20,000 (10%) taken from him in income tax.
Which scenario is more "fair"?
Scenario 2 is clearly more "fair" (impossible to dispute if words mean things to you). Yet...
Our leader gives speeches, witha straight face, telling us that individual C who is having six timesas much of his money in dollars and paying a tax rate 33% higher than individual A, is not paying as fair a share as individual A. Does individual C get 7 times the "services" as individual A? Is that how our king conjurs "inequity" from this all true real example? Does the more one makes make him more likely to depend on "government services"? Someone please help.
The ideology of "fair share" rests on the implicit assumption that for high earners, the "value" of their three hundred thousand and first dollar is not the same (and lower) than the "value" for the low income earner's ten thousand and first dollar. I understand it in terms of evaluating the useful of a dollar to a specific individual, but that type of thinking sure makes it seem like there is only a certain dollar figure above and beyond which any earnings you have are not really "needed" by you for survival.
I strongly disagree with such an ideology
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The ideology of "fair share" rests on the implicit assumption that for high earners, the "value" of their three hundred thousand and first dollar is not the same (and lower) than the "value" for the low income earner's ten thousand and first dollar. I understand it in terms of evaluating the useful of a dollar to a specific individual, but that type of thinking sure makes it seem like there is only a certain dollar figure above and beyond which any earnings you have are not really "needed" by you for survival.
fair share, the term, is empty words used to rile up the masses who are too dumb to realize that someone poorer than them will gladly pick their pocket as well
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fair share, the term, is empty words used to rile up the masses who are too dumb to realize that someone poorer than them will gladly pick their pocket as well
Why are you only referencing gross taxation rather than net taxation or better yet the net effect of total taxation?
That higher income earner has more tax shelters and the "effect" of that taxation on a percentage basis of his spendable cash flow is much lower than the person on the lower income level.
Plus..who benefits MORE on a real basis from the government, the person making 50k a year or the person making 200k a year?
If you want to have a flat tax then you need to get rid of all tax deductions, every one of them or the balance of "fairness" actually worsens.
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Why are you only referencing gross taxation rather than net taxation or better yet the net effect of total taxation?
That higher income earner has more tax shelters and the "effect" of that taxation on a percentage basis of his spendable cash flow is much lower than the person on the lower income level.
Plus..who benefits MORE on a real basis from the government, the person making 50k a year or the person making 200k a year?
If you want to have a flat tax then you need to get rid of all tax deductions, every one of them or the balance of "fairness" actually worsens.
If lowering taxes on the wealthy for 12 years didn't work, and no taxes to pay for 2 wars didn't work, causing the "great resession".. What in the samhill makes you think current taxes or further reductions will suceed?
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If lowering taxes on the wealthy for 12 years didn't work, and no taxes to pay for 2 wars didn't work, causing the "great resession".. What in the samhill makes you think current taxes or further reductions will suceed?
What does it really matter what percent the tax brackets are set for people in the top tax brackets?
It's the effective tax rate that is the difinitive amount a taxpayer pays in taxes as a percentage of total income...
In 2009 the average effective federal tax rate for American taxpayers was 11%, according to an analysis by the Tax Foundation, a non-profit think tank..
My tax bracket is 25% for 2011.. I will pay an efficivtive tax rate of 10.2 % ..
Raising the tax brackets on millionaires and high earners will not mean much if there is not a complete tax reform..imo
As far as the meaning of "Fair-Share when used by President Obama it only means = class warfare for a few more votes...nothing else.
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What does it really matter what percent the tax brackets are set for people in the top tax brackets?
It's the effective tax rate that is the difinitive amount a taxpayer pays in taxes as a percentage of total income...
In 2009 the average effective federal tax rate for American taxpayers was 11%, according to an analysis by the Tax Foundation, a non-profit think tank..
My tax bracket is 25% for 2011.. I will pay an efficivtive tax rate of 10.2 % ..
Raising the tax brackets on millionaires and high earners will not mean much if there is not a complete tax reform..imo
As far as the meaning of "Fair-Share when used by President Obama it only means = class warfare for a few more votes...nothing else.
@slim - i know what the wife and i have paid towards Uncle Sam this year and its scary to know that we could have employed someone full time in our house on the average american workers salary
2 trillion+ in tax dollars go to the government every year...for what
the average american worker makes 40k give or take
divide the latter into the former and you will see that Americans send the government the dollar equivalent of 50m jobs a year
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@slim - i know what the wife and i have paid towards Uncle Sam this year and its scary to know that we could have employed someone full time in our house on the average american workers salary
2 trillion+ in tax dollars go to the government every year...for what
the average american worker makes 40k give or take
divide the latter into the former and you will see that Americans send the government the dollar equivalent of 50m jobs a year
Statists will use empty words, as was mentioned above, such as "fair share" so they can keep their agenda moving along. By not assigning an actual dollar amount or percentage, no matter how much is paid in taxes, it is never enough.
That is because the problem isn't the tax revenues. It is the govt spending.
Does it even matter how much we tax the rich? We don't have enough rich people in this country to put a dent in the debt.
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Statists will use empty words, as was mentioned above, such as "fair share" so they can keep their agenda moving along. By not assigning an actual dollar amount or percentage, no matter how much is paid in taxes, it is never enough.
That is because the problem isn't the tax revenues. It is the govt spending.
Does it even matter how much we tax the rich? We don't have enough rich people in this country to put a dent in the debt.
If lowering taxes on the wealthy for 12 years didn't work, and no taxes to pay for 2 wars didn't work, causing the "great resession".. What in the samhill makes you think current taxes or further reductions will suceed?
Your great recession was caused by housing bubble bursting and high fuel costs. Please don't rely on Stiln for your info anymore.
If conservative economic phylosophys truely do not work then we never would have recovered economically when 9/11 happened.
Think about it yourself.
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Quote Originally Posted by don juan:
If lowering taxes on the wealthy for 12 years didn't work, and no taxes to pay for 2 wars didn't work, causing the "great resession".. What in the samhill makes you think current taxes or further reductions will suceed?
Your great recession was caused by housing bubble bursting and high fuel costs. Please don't rely on Stiln for your info anymore.
If conservative economic phylosophys truely do not work then we never would have recovered economically when 9/11 happened.
President Barack Obama gets it too, because today he listed the rising gas prices as one of the reasons to extend the payroll tax cut... middle-class workers need that $40 in their pay every paycheck to help pay for gas to get to and from work ..
If Obama is the answer ...
How stupid was the question ?
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President Barack Obama gets it too, because today he listed the rising gas prices as one of the reasons to extend the payroll tax cut... middle-class workers need that $40 in their pay every paycheck to help pay for gas to get to and from work ..
Notice the signifant increase in gas prices that started the economy going in the wrong direction that led to massive job losses that led to people losing their homes and ultimately caused the housing bubble to burst.
2006 was first sign of $3 per gallon gas..
I dont give a rats ass what you paid today. The economy started tanking in line with 2.80+ Gas prices in 2006 and by 2008 hit all time highs.
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Quote Originally Posted by don juan:
LoL.......
I am going to try to get through that thick head of yours one more time.
When G W Bush took office gasoline was 1.52 a gallon.
Notice the signifant increase in gas prices that started the economy going in the wrong direction that led to massive job losses that led to people losing their homes and ultimately caused the housing bubble to burst.
2006 was first sign of $3 per gallon gas..
I dont give a rats ass what you paid today. The economy started tanking in line with 2.80+ Gas prices in 2006 and by 2008 hit all time highs.
events from 2006-2008 that resulted in an increase in unemployment...
so what?
All of don juans post in this thread show that he is not part of the we that do get it. Wants to blame the whole recession on GOP policies. Livin in some fantasy world that and somehow go silent when facts tell the opposite story than what he believes.
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Quote Originally Posted by dl36:
yeah we get it....
events from 2006-2008 that resulted in an increase in unemployment...
so what?
All of don juans post in this thread show that he is not part of the we that do get it. Wants to blame the whole recession on GOP policies. Livin in some fantasy world that and somehow go silent when facts tell the opposite story than what he believes.
Individual A Earns $50,000 and has $8,625 (17.2%) taken from him in income tax.
Individual B Earns $100,000 and has $21,617 (21.6%) taken from him in income tax.
Individual C Earns $200,000 and has $50,897 (25.4%) taken from him in income tax.
Scenario 2 -
Individual A earns $50,000 and has $5,000 (10%) taken from him in income tax.
Individual B earns $100,000 and has $10,000 (10%) taken from him in income tax.
Individual C earns $200,000 and has $20,000 (10%) taken from him in income tax.
Which scenario is more "fair"?
Scenario 2 is clearly more "fair" (impossible to dispute if words mean things to you). Yet...
Our leader gives speeches, witha straight face, telling us that individual C who is having six timesas much of his money in dollars and paying a tax rate 33% higher than individual A, is not paying as fair a share as individual A. Does individual C get 7 times the "services" as individual A? Is that how our king conjurs "inequity" from this all true real example? Does the more one makes make him more likely to depend on "government services"? Someone please help.
You are wrong. You are arbitrarily defining
"fair" as "contributes an equal percentage of income" but I could just
as easily define "fair" as "is left with an equal amount of money after
taxes".
There are two facts that you're missing:
1) The utility of money has diminishing returns. Simply put, individual A values each dollar more highly
than individual B or C. This should be obvious: if you take $50k from
A, he starves to death. Take it from B and he's at half income, take it
from C and he might not even notice.
2) Government services such as Police and fire departments,
utilities, licensing and zoning boards, public education, welfare,
medicare, and social security are all stabilizing influences on society,
and people who make more money are benefiting more from having this
stable society, so it's only "fair" that they give more money to the
government to fund these stabilizing factors.
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Quote Originally Posted by tikitom:
Scenario 1 -
Individual A Earns $50,000 and has $8,625 (17.2%) taken from him in income tax.
Individual B Earns $100,000 and has $21,617 (21.6%) taken from him in income tax.
Individual C Earns $200,000 and has $50,897 (25.4%) taken from him in income tax.
Scenario 2 -
Individual A earns $50,000 and has $5,000 (10%) taken from him in income tax.
Individual B earns $100,000 and has $10,000 (10%) taken from him in income tax.
Individual C earns $200,000 and has $20,000 (10%) taken from him in income tax.
Which scenario is more "fair"?
Scenario 2 is clearly more "fair" (impossible to dispute if words mean things to you). Yet...
Our leader gives speeches, witha straight face, telling us that individual C who is having six timesas much of his money in dollars and paying a tax rate 33% higher than individual A, is not paying as fair a share as individual A. Does individual C get 7 times the "services" as individual A? Is that how our king conjurs "inequity" from this all true real example? Does the more one makes make him more likely to depend on "government services"? Someone please help.
You are wrong. You are arbitrarily defining
"fair" as "contributes an equal percentage of income" but I could just
as easily define "fair" as "is left with an equal amount of money after
taxes".
There are two facts that you're missing:
1) The utility of money has diminishing returns. Simply put, individual A values each dollar more highly
than individual B or C. This should be obvious: if you take $50k from
A, he starves to death. Take it from B and he's at half income, take it
from C and he might not even notice.
2) Government services such as Police and fire departments,
utilities, licensing and zoning boards, public education, welfare,
medicare, and social security are all stabilizing influences on society,
and people who make more money are benefiting more from having this
stable society, so it's only "fair" that they give more money to the
government to fund these stabilizing factors.
Really DJ...I thought for sure you wouldnt want to get into it with me after your last epic fail with me.
I've given links that show I've done my own research and I've made my own conclusions.
Self professed victories.
I've never seen one comment, argument, or quote from you that I couldn't get from googling "right wing rhetoric."
I'm certainly hoping you aren't referring to anything regarding your 'minimum wage increases are responsible for price increases' thread which fellow lean right posters Rooster and Be Easy (both of whom actually have intelligent minds of their own and use them as such)blew you out of the water, among others.
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Quote Originally Posted by bowlslit:
Really DJ...I thought for sure you wouldnt want to get into it with me after your last epic fail with me.
I've given links that show I've done my own research and I've made my own conclusions.
Self professed victories.
I've never seen one comment, argument, or quote from you that I couldn't get from googling "right wing rhetoric."
I'm certainly hoping you aren't referring to anything regarding your 'minimum wage increases are responsible for price increases' thread which fellow lean right posters Rooster and Be Easy (both of whom actually have intelligent minds of their own and use them as such)blew you out of the water, among others.
Stiln, Why would you mix income tax discussions with things that are paid for with property taxes and other fees? Utilities are'nt paid by taxes. If you get a license for something you usually pay a fee for it. WTF are you talking about?
<<2) Government services such as Police and fire departments, utilities, licensing and zoning boards, public education, welfare, medicare, and social security are all stabilizing influences on society, and people who make more money are benefiting more from having this stable society, so it's only "fair" that they give more money to the government to fund these stabilizing factors.>>
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Stiln, Why would you mix income tax discussions with things that are paid for with property taxes and other fees? Utilities are'nt paid by taxes. If you get a license for something you usually pay a fee for it. WTF are you talking about?
<<2) Government services such as Police and fire departments, utilities, licensing and zoning boards, public education, welfare, medicare, and social security are all stabilizing influences on society, and people who make more money are benefiting more from having this stable society, so it's only "fair" that they give more money to the government to fund these stabilizing factors.>>
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