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Thread: The time to TAX THE POOR has come...

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    Today, the top rate is 43.4%.



    And few wealthy pay it

    It’s less than half of the times we were kicking ass


    Let’s kick ass again mmmkay

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    Quote Originally Posted by evince View Post
    https://americansfortaxfairness.org/...thy-americans/


    The richest 1% of Americans own 35% of the nation’s wealth.

    The bottom 80% own just 11% of the nation’s wealth.


    In the 1950s and 1960s, when the economy was booming, the wealthiest Americans paid a top income tax rate of 91%.

    Today, the top rate is 43.4%.


    The richest 1% pay an effective federal income tax rate of 24.7% in 2014; someone making an average of $75,000 is paying a 19.7% rate.


    The average federal income tax rate of the richest 400 Americans was just 20 percent in 2009.


    Taxing investment income at a much lower rate than salaries and wages are taxed loses $1.3 trillion over 10 years.


    1,470 households reported income of more than $1 million in 2009 but paid zero federal income taxes on it.


    CEOs of major corporations earn nearly 300 times more than an average worker.



    30 percent of income inequality is due to unfair taxes and budget cuts to services and benefits.


    The largest contributor to increasing income inequality has been changes in income from capital gains and dividends.



    Now where were we?

  3. #78 | Top
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    Quote Originally Posted by evince View Post
    In the 1950s and 1960s, when the economy was booming, the wealthiest Americans paid a top income tax rate of 91%.






    This one bares repeating


    90% tax rate


    Did the economy crash like the republicans always say higher taxes will cause?




    Oooppps


    IT RESULTED IN A BOOMING ECONOMY


    AND AMAZING INFRASTURCTUTE


    AND THE BEST SCHOOLS IN THE WORLD
    and u are a fucking liar...slut

    Taxes on the Rich Were Not That Much Higher in the 1950s


    There is a common misconception that high-income Americans are not paying much in taxes compared to what they used to. Proponents of this view often point to the 1950s, when the top federal income tax rate was 91 percent for most of the decade.[1] However, despite these high marginal rates, the top 1 percent of taxpayers in the 1950s only paid about 42 percent of their income in taxes. As a result, the tax burden on high-income households today is only slightly lower than what these households faced in the 1950s.



    https://taxfoundation.org/taxes-on-t...950s-not-high/

    debunked your lies..slut

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    The richest 1% pay an effective federal income tax rate of 24.7% in 2014; someone making an average of $75,000 is paying a 19.7% rate.



    Gee who pays the 43%?



    Not many

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    The average federal income tax rate of the richest 400 Americans was just 20 percent in 2009.


    2009



    BEFORE THE TRUMP AND REPUBLICANS HUGE TAX CUT FOR THE RICH

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    Quote Originally Posted by volsrock View Post
    and u are a fucking liar...slut

    Taxes on the Rich Were Not That Much Higher in the 1950s


    There is a common misconception that high-income Americans are not paying much in taxes compared to what they used to. Proponents of this view often point to the 1950s, when the top federal income tax rate was 91 percent for most of the decade.[1] However, despite these high marginal rates, the top 1 percent of taxpayers in the 1950s only paid about 42 percent of their income in taxes. As a result, the tax burden on high-income households today is only slightly lower than what these households faced in the 1950s.



    https://taxfoundation.org/taxes-on-t...950s-not-high/

    debunked your lies..slut
    Top rate was 94 percent in1945. It was in the 70s when Reagan got into office and 28 when he left.

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    Quote Originally Posted by volsrock View Post
    and u are a fucking liar...slut

    Taxes on the Rich Were Not That Much Higher in the 1950s


    There is a common misconception that high-income Americans are not paying much in taxes compared to what they used to. Proponents of this view often point to the 1950s, when the top federal income tax rate was 91 percent for most of the decade.[1] However, despite these high marginal rates, the top 1 percent of taxpayers in the 1950s only paid about 42 percent of their income in taxes. As a result, the tax burden on high-income households today is only slightly lower than what these households faced in the 1950s.



    https://taxfoundation.org/taxes-on-t...950s-not-high/

    debunked your lies..slut



    The sites founders


    Alfred P. Sloan, General Motors Corporation, chairman
    Donaldson Brown, General Motors Corporation financial vice president
    William S. Farish, Standard Oil Company, President
    Lewis H. Brown, President of the Johns-Manville Corporation

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    Quote Originally Posted by Nordberg View Post
    Top rate was 94 percent in1945. It was in the 70s when Reagan got into office and 28 when he left.
    It’s a sight founded and now supported by the likes of the koch brother (the other bro is dead now)

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    Quote Originally Posted by Stone View Post
    Oh oh. LV hasnt been revealing the content of PM's has she? Well well well,....looks like she has. This is a serious rules violation and really needs to be reported.
    Indeed, she did.

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    The poor pay nothing...a free ride.

    Tax the poor, they should pay their fair share.

  14. The Following 2 Users Say Thank You to Earl For This Post:

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    Quote Originally Posted by Stone View Post
    Oh oh. LV hasn't been revealing the content of PM's has she? Well well well,....looks like she has. This is a serious rules violation and really needs to be reported.
    Is LV a she?

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    Quote Originally Posted by Earl View Post
    Quote Originally Posted by LV426 View Post

    “It happened all over PM, Earl. We set a time, then he PM'd me to say he wasn't going to show up. Since then, I've ignored him because he and I both know that he was the one who didn't follow through.”


    Earl posted:
    If this is true, you are releasing PM information which is a violation of the TOS of JPP.



    So, you are either a liar or in violation of the TOS of JPP., cobarde. Checkmate
    It the posters own email


    The other is permanently banned


    So it’s cool


    If both agree it’s cool


    The other poster is long gone and doesn’t matter now

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    Quote Originally Posted by evince View Post
    https://americansfortaxfairness.org/...thy-americans/


    The richest 1% of Americans own 35% of the nation’s wealth.

    The bottom 80% own just 11% of the nation’s wealth.


    In the 1950s and 1960s, when the economy was booming, the wealthiest Americans paid a top income tax rate of 91%.

    Today, the top rate is 43.4%.


    The richest 1% pay an effective federal income tax rate of 24.7% in 2014; someone making an average of $75,000 is paying a 19.7% rate.


    The average federal income tax rate of the richest 400 Americans was just 20 percent in 2009.


    Taxing investment income at a much lower rate than salaries and wages are taxed loses $1.3 trillion over 10 years.


    1,470 households reported income of more than $1 million in 2009 but paid zero federal income taxes on it.


    CEOs of major corporations earn nearly 300 times more than an average worker.



    30 percent of income inequality is due to unfair taxes and budget cuts to services and benefits.


    The largest contributor to increasing income inequality has been changes in income from capital gains and dividends.
    Now where were we?

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