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

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    Quote Originally Posted by evince View Post
    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
    The Progressive Tax Myth

    For example, in 1960 the statutory top marginal rate on filers reporting over $1 million in income sat at 91 percent. The actual effective tax rate paid for the same million-dollar bracket was just 46 percent due to the use of deductions and other legal techniques to reduce one's overall tax burden. Second, top marginal rates tell us very little about where the locus of the actual tax burden sits across all income earners.


    https://www.usnews.com/opinion/artic...e-in-the-1950s

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    Quote Originally Posted by Earl View Post
    The poor pay nothing...a free ride.

    Tax the poor, they should pay their fair share.
    Thats correct. A true society only functions properly when we ALL kick in our fair share. # TAX THE POOR

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    Quote Originally Posted by evince View Post
    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




    And the economy stayed the same pretty much



    The wealthy did get wealthier

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    Quote Originally Posted by Earl View Post
    Is LV a she?
    I always thought so....

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



    Why so little


    Only the wealthier people have spare money to invest

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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.
    Oh here’s the list again

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    Tax the poor working for the rich people who do nothing?


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





    It turns the jobs into only for the wealthy peoples kids

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    Quote Originally Posted by Stone View Post
    It is the right thing to do. For both THEM,...and the rest of us. This way they can feel like their life has value,... part of the American TEAM!

    The wealthy already pay almost all the taxes in this country. The poor pay none, Zero,..Nada. Time for them to FINALLY kick in their fair share and put some skin in the game. Either pony up the dough and pay your fair share instead of being simply a taker,....OR....work community service and actually earn those entitlements. Which would you prefer?
    I suggest you rob a lemonade stand. It's where the money is.
    "We are all born ignorant, but one must work hard to remain stupid."

    "Any fool can criticize, condemn and complain - and most fools do."

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    The poor pay nothing...a free ride.

    Tax the poor, they should pay their fair share.

    It's only fair.

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    Quote Originally Posted by AProudLefty View Post
    Tax the poor working for the rich people who do nothing?

    Most voters are not these wealthy people


    I wish the Republican Party would run this



    Tax the poor


    Give a free ride for the wealthy



    It’s why they have to cheat in elections and lie constantly

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    Quote Originally Posted by Earl View Post
    The poor pay nothing...a free ride.

    Tax the poor, they should pay their fair share.

    It's only fair.
    Run on that you fucking idiot

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



    The voters really love this huh

    Please



    Run on this shit bag you brain dead republicans

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