Speaker looking for way to pay for tax cuts for middle-class

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hoosiertoo said:
I love it when stuff lands in my inbox. Sometimes. This is one of those times.

**Taxing the People **

Of course, with e-mail one never knows if the citation is correct, but that’s how it arrived.
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It is preety much correct. Heres the breakdown:

The to 1% pay 36.89% of taxes
The top 5% pay 57.13% of taxes
The top 10% pays 68.19%
The top 25% pay 84.86% of taxes
The top 50% pay 96.7% of all taxes
The bottom 50% pay only 3,3%.

In fact 47% dont pay any Federal Income tax at all. Many of them get an earend income credit which means they get a “refund” even though they have paid no money in. I beleive, BTW ,that the earned Income credit is one of the best forms of assistance the govt offers as it rewards the working poor.
 
tamccrackine said:
I’ll believe it all is fair when I see Paris Hilton and Brittney Spears actually pay taxes worthy of their carefree lifestyle instead of getting $4000 just to show up for 15 minutes at a club or when our politicians pay taxes WITHOUT a generous pay hike.

So let’s start with the Speakers’ pay first!!! 😃 Will she be the first one out of the gates to be taxed?
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Class warfare at its best.
 
hoosiertoo said:
If you don’t feel you pay enough, you always have the option to pay more. Knock yourself out! 👍
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Since 2001 i have had a standing offer to prepare for free anyones tax return who wanted to use pre-tax cut rates. you would think the Liberals would line up at my door but so far no takers. One thing i have noticed over the years is that there are no Liberals at tax time.
 
estesbob said:
Since 2001 i have had a standing offer to prepare for free anyones tax return who wanted to use pre-tax cut rates. you would think the Liberals would line up at my door but so far no takers. One thing i have noticed over the years is that there are no Liberals at tax time.
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perhaps their real “feast day” occurs 14 days earlier.
 
estesbob said:
Since 2001 i have had a standing offer to prepare for free anyones tax return who wanted to use pre-tax cut rates. you would think the Liberals would line up at my door but so far no takers. One thing i have noticed over the years is that there are no Liberals at tax time.
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Maybe liberals are more law-abiding.😛
 
steveandersen said:
I’m not sure what you mean
:confused:
a death tax?
or are you proposing that we either kill the rich or the poor?
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Goodness no. I’m not proposing that we kill anyone. I was referring to the inheritance tax as the payment plan for the wealthy. They should be taxed in life (capital gains - dividends) and their estates should be taxed upon their deaths.
 
Thekla said:
Goodness no. I’m not proposing that we kill anyone. I was referring to the inheritance tax as the payment plan for the wealthy. They should be taxed in life (capital gains - dividends) and their estates should be taxed upon their deaths.
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Why?

Personally I think we should balance the budget by confiscating 50% of the salaries of teachers.
 
Thekla said:
Goodness no. I’m not proposing that we kill anyone. I was referring to the inheritance tax as the payment plan for the wealthy. ?They should be taxed in life (capital gains - dividends) and their estates should be taxed upon their deaths.
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Just how many times should income be taxed? Sounds like class warfare to me. Sounds like taxing success. How dare someone work hard and become successful. We can’t have that. We have to take it away from him and redistribute it.
 
mary_bobo said:
Just how many times should income be taxed? Sounds like class warfare to me. Sounds like taxing success. How dare someone work hard and become successful. We can’t have that. We have to take it away from him and redistribute it.
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I think she’d approve taxing them before they are born, as well. A potential income tax, because they are born into a successful family.
 
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