Home |
Search |
Today's Posts |
#11
posted to alt.sailing.asa
|
|||
|
|||
2 farmers
"Charles Momsen" wrote in message ... http://www.libertystickers.com/produ...m-sooo-scared/ Wasn't that the RNC punchline during the 2004 elections? As I remember it spawned the "security moms" and kept the chicken hawks in office. |
#12
posted to alt.sailing.asa
|
|||
|
|||
2 farmers
"mmc" wrote in message g.com... "Charles Momsen" wrote in message ... http://www.libertystickers.com/produ...m-sooo-scared/ Wasn't that the RNC punchline during the 2004 elections? As I remember it spawned the "security moms" and kept the chicken hawks in office. If that was the punchline what was the joke? |
#13
posted to alt.sailing.asa
|
|||
|
|||
2 farmers
Ken Marino wrote:
... Farmer #1 makes about $75,000 and lives a nice life, comfortable but not an easy life by any means. Farmer#2 makes about $375,000 and is happy that his efforts let him afford a few luxuries and ensure his families future. Unfortunately, Mr Obama comes along and tells him that farmer #1 has needs beyond his means and you will have to give him some of your money so things are a little more fair. And the bad thing is, all the g-d d-mn liberal dem's in this country think this is the fair thing to do. Even if you don't believe this is fair you vote for the candidares that will institute this kind of life. Don' even bother with the expected comeback. I'm sure the amount of potatoes and the expected $$ return figures aren't accurate. But plug in accurate numbers and you get the same results. Spread the (SOCIALISM AT IT'S BEST) wealth. Yes, I'm sure you don't want the expected "comeback," but I can't resist. Let's consider the current tax structure. Right now, with the Bush tax cuts, the wealthy farmer pays LESS in taxes than the other (who would actually pay the highest rate of anyone), as a percentage of income. This is after we put in the SS taxes and the average local taxes. Someone like "Joe the Plumber" pays slightly less than either, but all of them are now within a few percentage points. How would the McCain or Obama plans affect the two farmers? The less wealthy farmer would receive almost identical tax breaks, roughly $1500, under the two plans. In the McCain plan, however, the wealthy farmer gets a hefty tax cut, pocketing well over $20,000, and in fact paying considerable less by percentage than his neighbor. Under the Obama plan, the tax might go up about $3000, but it depends on how close his accountant can get the Adjusted Gross to the break-even point. The effect of the Obama plan is to essentially "level" the tax rate between the upper middle class, and the wealthy (though admittedly it raise the rate on the super-rich). So what's the bottom line? The $75K farmer gets about the same modest break with either plan, but $375K farmer pockets over $20,000 with McCain, but pays about $3000 extra with Obama. And the very rich? With McCain's plan Cindy McCain (income about $5 mil) get a whopping 9.4% increase in aftertax income, enough to buy Palin's new wardrobe several times over, while Joe the Plumber pockets $600. Obama a Socialist? I think not. McCain giving "welfare" to the rich? Sure looks that that way to me! |
#14
posted to alt.sailing.asa
|
|||
|
|||
2 farmers
|
#15
posted to alt.sailing.asa
|
|||
|
|||
2 farmers
"Charles Momsen" wrote in message ... http://www.taxmeless.com/ http://en.wikipedia.org/wiki/Image:P...Barry_Kent.png |
#16
posted to alt.sailing.asa
|
|||
|
|||
2 farmers
"Charles Momsen" wrote in message ... "Charles Momsen" wrote in message ... http://www.taxmeless.com/ http://en.wikipedia.org/wiki/Image:P...Barry_Kent.png http://en.wikipedia.org/wiki/Image:I...By_Country.svg |
#17
posted to alt.sailing.asa
|
|||
|
|||
2 farmers
"Charles Momsen" wrote in message ... "mmc" wrote in message g.com... "Charles Momsen" wrote in message ... http://www.libertystickers.com/produ...m-sooo-scared/ Wasn't that the RNC punchline during the 2004 elections? As I remember it spawned the "security moms" and kept the chicken hawks in office. If that was the punchline what was the joke? The world is ending and only Bush/Cheney can save us! |
#18
posted to alt.sailing.asa
|
|||
|
|||
2 farmers
"mmc" wrote in message g.com... "Charles Momsen" wrote in message ... "mmc" wrote in message g.com... "Charles Momsen" wrote in message ... http://www.libertystickers.com/produ...m-sooo-scared/ Wasn't that the RNC punchline during the 2004 elections? As I remember it spawned the "security moms" and kept the chicken hawks in office. If that was the punchline what was the joke? The world is ending and only Bush/Cheney can save us! So what's the punchline to "the world has ended an only Obama can recreate it?" |
#19
posted to alt.sailing.asa
|
|||
|
|||
2 farmers
Dave wrote:
On Thu, 23 Oct 2008 12:49:13 -0400, jeff said: the wealthy farmer pays LESS in taxes than the other (who would actually pay the highest rate of anyone), as a percentage of income. This is after we put in the SS taxes and the average local taxes. So, Jeff, ya think the second guy's social security taxes are too high, and that his local sales and property taxes are too high? Maybe those should be cut, no? Oh, you say you can't do that because SS is already in trouble, and the teachers' union isn't getting enough? So the solution is instead to tax the farmer that works hard and hand the money over to the one who doesn't? So are you claiming that rich people should pay LESS than the average people? Are you saying its fair that the rich farmer gets a tax cut more than ten times larger than the other, ever though he only makes 5 times more? As for property taxes, remember that the very wealthy pay much less than the middle class. Sales taxes are even worse, where the rich pay only about a quarter of what the middle class pays, as a percentage of income. The rich do pay more in local income taxes, but overall, local taxes tend to be very regressive, with the poorest paying double what the richest pay. |
#20
posted to alt.sailing.asa
|
|||
|
|||
2 farmers
"jeff" wrote in message ... Dave wrote: On Thu, 23 Oct 2008 12:49:13 -0400, jeff said: the wealthy farmer pays LESS in taxes than the other (who would actually pay the highest rate of anyone), as a percentage of income. This is after we put in the SS taxes and the average local taxes. So, Jeff, ya think the second guy's social security taxes are too high, and that his local sales and property taxes are too high? Maybe those should be cut, no? Oh, you say you can't do that because SS is already in trouble, and the teachers' union isn't getting enough? So the solution is instead to tax the farmer that works hard and hand the money over to the one who doesn't? So are you claiming that rich people should pay LESS than the average people? Are you saying its fair that the rich farmer gets a tax cut more than ten times larger than the other, ever though he only makes 5 times more? As for property taxes, remember that the very wealthy pay much less than the middle class. Sales taxes are even worse, where the rich pay only about a quarter of what the middle class pays, as a percentage of income. The rich do pay more in local income taxes, but overall, local taxes tend to be very regressive, with the poorest paying double what the richest pay. I don't think it's fair that the rich get to pay the same price for a loaf of bread as I do. |
Thread Tools | Search this Thread |
Display Modes | |
|
|