700 Protesters Arrested Today On Wall Street

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stinkcat_14 said:
Jon Stewart had a hilarious piece on the pepper spraying cop. I guess if you’re called Tony Baloney for your whole life you might go on a pepper spraying binge.
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**“For me, pepper, I put it on my plate”
-Jean Chretien **

😃
 
centurionguard said:
The Rich Get Richer (Pay No Taxes). And the Poor Get Poorer.
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If the rich pay no taxes then who does?

My father grew up poor, I can’t imagine what he had to go through. I’m sorry to say but the standards for most poor are far from being poor, and those few who are truly poor live like my father did 40 years ago.
 
It doesn’t, it’s just easier to spend other people’s money.
 
estesbob said:
The top 25% of earners pay 84% of all federal income tax. 47% pay nothing. how does that trnaslate into the rich not paying taxes?
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They’re getting huge tax cuts that they don’t need. They claim it’s to make jobs, but it’s all a lie. The 400 richest Americans pay an 18% tax rate. Warren Buffet is saying that his tax rate is lower than that of his secretary.

By the way, 47% of Americans don’t pay income taxes for three reasons; retired people have no income, unemployed people have no income, and some people don’t make enough money to pay income tax
 
Gift_from_God said:
They’re getting huge tax cuts that they don’t need. They claim it’s to make jobs, but it’s all a lie. The 400 richest Americans pay an 18% tax rate. Warren Buffet is saying that his tax rate is lower than that of his secretary.

By the way, 47% of Americans don’t pay income taxes for three reasons; retired people have no income, unemployed people have no income, and some people don’t make enough money to pay income tax
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This is nothing but class envy. None of it is true. If you have evidence otherwise, please provide it.
 
Gift_from_God said:
They’re getting huge tax cuts that they don’t need. They claim it’s to make jobs, but it’s all a lie. The 400 richest Americans pay an 18% tax rate. Warren Buffet is saying that his tax rate is lower than that of his secretary.

By the way, 47% of Americans don’t pay income taxes for three reasons; retired people have no income, unemployed people have no income, and some people don’t make enough money to pay income tax
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The poverty level is 12%. Why arent the other 35% contibutng anything?

The truth is the rich actually pay about twice as much(rate wise) as the middle class. Their average rate is 29% for the middle class its 15%.

Ignorance about how the tax system and the economy works is rife among the protestors. It was painful to watch them interviewed-all the money we spend on education and we turn out such economically illiterate people?
 
Gift_from_God said:
They’re getting huge tax cuts that they don’t need. They claim it’s to make jobs, but it’s all a lie. The 400 richest Americans pay an 18% tax rate. Warren Buffet is saying that his tax rate is lower than that of his secretary.

By the way, 47% of Americans don’t pay income taxes for three reasons; retired people have no income, unemployed people have no income, and some people don’t make enough money to pay income tax
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Yes, liberals heard that and ran with it. Makes them look rather silly I think. From what I heard, he came out this week and said that nobody who makes a living off of a regular job should be taxed, regardless of income. And that government should get it’s income tax revenue from those who make money off of money and not off of those who create jobs.

I doubt we will hear Obama or any other liberal using that bit in their anti rich rhetoric though.
 
estesbob said:
The truth is the rich actually pay about twice as much(rate wise) as the middle class. Their average rate is 29% for the middle class its 15%.
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Wrong. The richest are paying much lower
 
bbarrick8383 said:
I doubt we will hear Obama or any other liberal using that bit in their anti rich rhetoric though.
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Obama’s a conservative democrat, so no, he’ll never take any pro-middle class stance. He may talk, but he won’t walk
 
estesbob said:
The top 25% of earners pay 84% of all federal income tax. 47% pay nothing. how does that trnaslate into the rich not paying taxes?
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I’ve often wondered this myself. Of course I also don’t see how a widening gap between rich and poor is the same thing as the poor getting poorer, especially given that material quality of life is improving across the board, but hey.
 
estesbob said:
… Ignorance about how the tax system and the economy works is rife among the protestors. It was painful to watch them interviewed-all the money we spend on education and we turn out such economically illiterate people?
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This particularly galls me. It is really frustrating to read and hear how economically ignorant the American public has become.
 
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