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pyramid
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Originally Posted by Lasko View Post
There was an article I read on yahoo finance about 51% of people dont pay taxes, and the top 1(maybe 5) percent only pay 19% tax. So the entire burden falls on the middle class. It is .

If you make more then 1 million a year, you need an extra 10% tax. Sorry assholes. Most people with a college education dont even make that much in their entire life, and you made it in one year. Congrats, now pay for being lucky/hardworking/smart/great at what you do.

It isn't "fair", but shit, what the fuck is in this world? Kids in africa get AIDS and die everyday without a chance. I think you can pay a bit more for being such a success.

that 51% has no federal income tax liability. they still pay SS, state, local and sales tax.

what's really sad is they are talking about way less than a 10% increase on the top percentile and people are screaming socialism.
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Old 07-23-2011, 07:58 PM pyramid is offline  
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pyramid
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so you don't think we should cut wasteful spending? cool

realistically we need to both cut spending and raise revenues. I know you don't want to hear about bush but part of the reason we are in this mess is because when he and republican congress cut taxes, they never cut any spending to keep things balanced. And not only did they not cut spending, they spent even more.

when they originally passed the tax cuts they were set to sunset after a decade specifically because they were not revenue neutral because they were not tied to any cuts. Obama and the democrats bargained to extend them for two more years to get another year of unemployment insurance.

Ten years later, where are all the jobs those tax cuts were supposed to produce? I don't know why people keep believing in the magical tax cut fairy. He never left any jobs under our pillows.
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Old 07-23-2011, 08:08 PM pyramid is offline  
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Obama and the democrats bargained to extend them for two more years to get another year of unemployment insurance.

And kids, why do we need this?
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Old 07-23-2011, 08:13 PM tegandje is offline  
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because there's no damn jobs and millions of people unemployed.
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Old 07-23-2011, 08:14 PM pyramid is offline  
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because there's no damn jobs and millions of people unemployed.
BUT THE TAX CUT FAIRY PROMISED!!!!!


Ok. I'm done.
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Old 07-23-2011, 08:17 PM tegandje is offline  
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I doubt that the corporations, or the big banks, could possibly have larger erections about the possibility of a default, (simply a possibility, whether real or simply perceived) as they say "Hey! It's not OUR MONEY at stake here. So long as nobody comes after our LEGALLY BINDING CONTRACTED BONUSES, we could truly give two shits about the economy imploding upon itself."

OK, maybe not...

But this is no longer about two parties particularly anymore; Corporations, and the banks helped put us in this mess, and aggravate it further by telling the pols they bought and paid for, to do only as they say...What they want? Status Quo for life, the hell with everyone else.
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Old 07-23-2011, 09:36 PM Killer_B is offline  
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also, the lower class pays virtually no taxes yet they account for the majority of your local fire, ems and police services. lower class needs to start being responsible for something, although i know that's never going to happen.

So the land taxes they pay that support those services, as well as being the ones who actually put their lives in the line of fire to do those jobs isn't enough contribution?
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Old 07-23-2011, 10:15 PM wwilliam54 is offline  
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So the land taxes they pay that support those services, as well as being the ones who actually put their lives in the line of fire to do those jobs isn't enough contribution?

...Most lower class rent and don't pay property taxes. They are in gov housing or apartments.
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Old 07-24-2011, 09:26 AM zumpiez5 is offline  
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...Most lower class rent and don't pay property taxes. They are in gov housing or apartments.

I've got no argument for projects, but renters do pay property taxes. Landlords use part of the rent money to pay it.
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Old 07-24-2011, 10:54 AM wwilliam54 is offline  
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I've got no argument for projects, but renters do pay property taxes. Landlords use part of the rent money to pay it.

Right, if the landlords have tenants they pay part of the property tax, but it is not as if the tenant is paying it directly. If the landlord had no tenants, he would still pay property taxes, therefore, the landlord pays the taxes and not the renter.
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Old 07-24-2011, 12:32 PM zumpiez5 is offline  
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Right, if the landlords have tenants they pay part of the property tax, but it is not as if the tenant is paying it directly. If the landlord had no tenants, he would still pay property taxes, therefore, the landlord pays the taxes and not the renter.


Next time don't take a handful of acid before you try to logically deduce things...
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Old 07-24-2011, 12:41 PM wwilliam54 is offline  
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Quote:
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Right, if the landlords have tenants they pay part of the property tax, but it is not as if the tenant is paying it directly. If the landlord had no tenants, he would still pay property taxes, therefore, the landlord pays the taxes and not the renter.

if a landlord has no tenants, he's not a landlord. He's just a property owner.

and they totally use part of your rent to pay the property taxes. We do on our rental properties.
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Old 07-24-2011, 12:53 PM pyramid is offline  
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if a landlord has no tenants, he's not a landlord. He's just a property owner.

and they totally use part of your rent to pay the property taxes. We do on our rental properties.

Did you read what I posted? If I have an apartment complex with NO people living there, I still MUST pay property taxes.

You are still considered a fucking property manager/land lord even if you don't have tenants on your commercial property you dumb fuck.

Also, I fucking said that the tenant pay for the property taxes through their rent, but not directly. Fucking learn to read.
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Old 07-24-2011, 03:03 PM zumpiez5 is offline  
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realistically we need to both cut spending and raise revenues. I know you don't want to hear about bush but part of the reason we are in this mess is because when he and republican congress cut taxes, they never cut any spending to keep things balanced. And not only did they not cut spending, they spent even more.

when they originally passed the tax cuts they were set to sunset after a decade specifically because they were not revenue neutral because they were not tied to any cuts. Obama and the democrats bargained to extend them for two more years to get another year of unemployment insurance.

Ten years later, where are all the jobs those tax cuts were supposed to produce? I don't know why people keep believing in the magical tax cut fairy. He never left any jobs under our pillows.

The problem has nothing to do with taxes and everything to do with spending. When you spend that money in the public sector, it isn't used in the private sector(there are numerous good areas to spend for public good but that is another argument entirely). Whether you tax, borrow, or print to get the money to pay for government spending, the economy's still going to feel it, granted the pain is much more drawn out with borrowing(why it's the choice for most career politicians) and there's a slight lag before the entire economy feels the effects of inflation.

those tax cuts didn't produce shit because they weren't met with an equal decrease in spending, in fact it was just the opposite.

edit: And even though we're in a shitty situation, I feel like there's some over-hyping of the job problem. if you have the time, do a monster search for jobs in your area. in a 20 mile radius of my zip there are more than 900 jobs paying more than 40k a year(and if you can't/don't want to support yourself on 40k, GFY). Not that these jobs would alleviate the unemployment or even bring unemployment down but there are definitely jobs out there when the media paints a picture that jobs are as rare as albino bald eagles.
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Last edited by AbortTheFetus; 07-24-2011 at 08:51 PM..
Old 07-24-2011, 08:33 PM AbortTheFetus is offline  
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edit: And even though we're in a shitty situation, I feel like there's some over-hyping of the job problem. if you have the time, do a monster search for jobs in your area. in a 20 mile radius of my zip there are more than 900 jobs paying more than 40k a year(and if you can't/don't want to support yourself on 40k, GFY). Not that these jobs would alleviate the unemployment or even bring unemployment down but there are definitely jobs out there when the media paints a picture that jobs are as rare as albino bald eagles.

The issue at hand here is that these employers can certainly take their sweet-ass time to handpick prospects...And then knuckle them down, getting someone for the least amount of money that they can; Still sometimes they just lay an offer on the table, and say take it or leave it. Know I've had that happen more than a few times in the past 8-10 months. Don't even start with the "OH YA YUOR IN, LIKE FLYNN!11!!!!" variety of interviewers/employers, that all of a sudden go and disappear for 20 days, only to tell you "Oh, ya....We filled the position already, GTFO LOLS" eventually.

If they wanted to give an incentive to start bringing jobs back, aside from giving it to convicts in prison for nothing, taxing the work that gets sent overseas might be a nice place to start.

Sure, won't happen. Let me dream.
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Old 07-25-2011, 12:14 AM Killer_B is offline  
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