Buffett - Cap & Trade 'Huge, Regressive Tax'

[cawacko]

Tutu, they DO pay the payroll tax. EVERYONE PAYS THE PAYROLL TAX. I REMIND YOU, YOU DON'T HAVE TO LET YOUR CONSERVATIVE PHILOSOPHY OVERRIDE OBJECTIVE REALITY. People who make more than 100k a year, however, aren't taxed on the amount over 100k, so it's poor people actually pay a much higher rate than billionaires. And this tax collects almost as much as the standard income tax. 37% of the working public don't pay anything on the standard income tax, but everyone pays the payroll tax, except billionaires who are taxed at a minuscule rate. Half our tax system is completely flat, except for people making over 100k a year, with no deduction. Get it through your head.

Dude your trolling sucks. You know federal income tax is different than payroll tax.

 

[FUCK THE POLICE]

Again, theyy DON'T pay 15%. Got it??

Again, the payroll tax is 15%, 7.5% for the workers and 7.5% for the employer, although it all essentially falls on the employee. It is payed by all workers, regardless of income.

 

[FUCK THE POLICE]

Dude your trolling sucks. You know federal income tax is different than payroll tax.

Yeah and I just listed the differences.

 

[TuTu Monroe]

Again, the payroll tax is 15%, 7.5% for the workers and 7.5% for the employer, although it all essentially falls on the employee. It is payed by all workers, regardless of income.

No, the total tax is 15.3% 7.65 for the employer and 7.65 for the employee. The employer is responsible for all payments. The self-employed have to shell out both.

 

[SmarterthanYou]

Don't believe it, I don't care, but here is one of many sites that say it is true.

Click here.

well, not sure what they were smoking when they wrote this up, because my pay stub shows me paying taxes.

 

[TuTu Monroe]

well, not sure what they were smoking when they wrote this up, because my pay stub shows me paying taxes.

click here

 

[SmarterthanYou]

click here

this 'report' is really taken out of nearly COMPLETE context. Everyone who gets a paycheck is paying this tax. Just because of the deductions they can take at filing sends 40% of filers the amount they paid in, or more, is irrelevant when it comes to 'paying the tax'. It's odd that whats not taken in to account is that all of the money garnished through this tax collects interest until its paid out.......interest that the government gets to keep for the budget and NOT paid back to the tax payer.

this report should be filed in the garbage.

 

[TuTu Monroe]

this 'report' is really taken out of nearly COMPLETE context. Everyone who gets a paycheck is paying this tax. Just because of the deductions they can take at filing sends 40% of filers the amount they paid in, or more, is irrelevant when it comes to 'paying the tax'. It's odd that whats not taken in to account is that all of the money garnished through this tax collects interest until its paid out.......interest that the government gets to keep for the budget and NOT paid back to the tax payer.

this report should be filed in the garbage.

Whatever, you believe what you want to believe, I really don't care.

 

[SmarterthanYou]

Whatever, you believe what you want to believe, I really don't care.

if you don't care, why did you post it and use it as fact?

 

[TuTu Monroe]

if you don't care, why did you post it and use it as fact?

Ummmm, I don't care what YOU think.

 

[FUCK THE POLICE]

Ummmm, I don't care what YOU think.

Then what do you care about when you post a report designed to knock the opposition at a site? Miming apathy is one of the most boring con tricks in the book.