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#131
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![]() "P. Fritz" wrote in message ... "NOYB" wrote in message ink.net... "DSK" wrote in message ... If all the people earning less than $30K per year earn 30% of the income in the nation, then wouldn't it be fair if they paid 30% of the income tax burden? If the people earning over $200K per year have 50% of the nations income, then they *should* pay more than 50% of the nation's income tax. Wouldn't that be fair? PocoLoco wrote: If those making less than $30,000 paid 30% of their income, then those making $200,000 should pay 30% of their income. The first group would pay $9000, and the second would pay $60,000. What's not fair about that? Now, go back and answer the questions in my other post. I asked you first. Is the math too complex for you? As for what's "not fair" about a flat tax, it's a matter of what you see as "fair." I don't have a big problem with a flat tax, but it is regressive... ie the less wealthy pay a higher share of overal tax revenue, and it cuts into their livable income more (thus is bad for the economy). I'd prefer a progressive tax, where the burden is 1- distributed more equitably 2- those who gain the most benefit pay more Great idea! If you're on welfare...pay more. If you're on Medicare...pay more. If you're on Social Security...pay more. If you live in a crime-ridden area requiring a higher level of police protection...pay more. If you ride public transit...pay more. 3- provides more revenue to the gov't relative to the impact on the economy. *Now* can you answer my question? What's not fair about a progressive tax which distributes the income tax burden equitably across income brackets? The progressive tax system that we currently use has the top 1% of wage earners paying 32% of the taxes. The top 5% paying 50.1%. The top 10% paying 63.5%. And the top 20% paying 78% of all income taxes. So the "less wealthy" (as you like to call them) only pay 20% of the tax burden. Is that equitable? Nor is it smart.............taxes are a punishment (just look at the so called "sin taxes") Only a liebral would want to punish the most productive members of society the most........(and ignore basic economics at the same time) "The Kennedy income tax cuts of the 1960s reduced top rates from 91% to 71% and boosted revenues by one-third, raising the four-year average annual tax revenue growth from 2.1% to 8.6%. The Reagan tax rate reductions of the 1980s saw tax revenue increase 56% over eight years." "A rising tide lifts all boats." |
#132
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... I'd prefer a progressive tax, where the burden is
1- distributed more equitably 2- those who gain the most benefit pay more NOYB wrote: Great idea! If you're on welfare...pay more. If you're on Medicare...pay more. If you're on Social Security...pay more. If you live in a crime-ridden area requiring a higher level of police protection...pay more. If you ride public transit...pay more. If you have a huge waterfront mansion that you can only afford because of tax-subsidized construction & deducting loan interest, pay more. If you live in a wealthy low-crime neighborhood, it's difficult to see how you have *less* police protection than a high crime neighborhood. You certainly have more to lose. And the cops respond quicker & with more resources when you call. If you drive a gas guzzling luxury vehicle on public roads (ie paid for out of tax money- pay more If you pollute the air & water more with a high consumption life style- pay more. If you have an investment portfolio that is protected by the SEC or other tax-supported agencies- pay more If you have a health plan that provides good care at public supported hospitals- pay more Beginning to get the idea? If you think the poor get more benefits, then try it yourself. If you like it better, stay poor. The progressive tax system that we currently use has the top 1% of wage earners paying 32% of the taxes. Really? That doesn't quite fit with the last statistics I saw, but *if* that top 1% has 32% of the overall income, then what is unfair about making them pay 32% of the taxes? You have not answered that basic question, just answered with a lot of whining about how the poor have it made. DSK |
#133
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If you have a huge waterfront mansion that you can only afford because
of tax-subsidized construction & deducting loan interest, pay more. OlBlueEyes wrote: So end "tax-subsidized construction" and put a million brickmasons, painters and plumbers out of work? Yeah, don't do that, then they're not paying taxes! If you don't think that private home construction is indirectly subsidized, then how do you explain construction of public utilities... at public expense of course... and rezoning, deferments, etc etc. If you live in a wealthy low-crime neighborhood, it's difficult to see how you have *less* police protection than a high crime neighborhood. You certainly have more to lose. Which is why they are gated communities with privately-hired security - at no cost to the taxpayers. Not all are gated, and privately hired security is is *in addition to* regular police. Can they arrest people? Investigate evidence for courts? Present warrants? Basically, you're bolstering my argument- that wealthy communities enjoy greater public benefit. And the cops respond quicker & with more resources when you call. Data? Do you genuinely believe that a slum dweller calling up the police gets the same response as somebody in a neighborhood of $400K+ homes? If you drive a gas guzzling luxury vehicle on public roads (ie paid for out of tax money- pay more You already do, since roads are paid for with gasoline taxes. And use up more road space, and put more wear on roads, and put other drivers at greater risk. If you pollute the air & water more with a high consumption life style- pay more. A "high consumption life style"? You mean one that creates jobs? No, I mean one that consumes a higher amount of public resources such as open space, air, water, for no greater contribution to the public purse. If you have an investment portfolio that is protected by the SEC or other tax-supported agencies- pay more You already do - it's called "capital gains taxes". So the SEC and all investment law is paid for this way? Look again. If you have a health plan that provides good care at public supported hospitals- pay more Who do you think provides the money TO those "public supported hospitals"? Hint: it ain't the poor. Hint- if they pay a higher share of taxes, then YES it is the poor. Do the math, if you can. So far, all you've done is to play a bunch of stereotypes and unsupported assumptions. You *still* haven't answered the basic question. Really? That doesn't quite fit with the last statistics I saw, but *if* that top 1% has 32% of the overall income, then what is unfair about making them pay 32% of the taxes? They don't receive 32% of the benefits. If they earn 32% of all income, then how can you claim they don't??? Isn't "income" the whole point of the income tax? DSK |
#134
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On Wed, 31 Aug 2005 14:35:28 +0000, NOYB wrote:
The progressive tax system that we currently use has the top 1% of wage earners paying 32% of the taxes. The top 5% paying 50.1%. The top 10% paying 63.5%. And the top 20% paying 78% of all income taxes. So the "less wealthy" (as you like to call them) only pay 20% of the tax burden. Is that equitable? Smoke and mirrors, smoke and mirrors. You can't look at the "progressive tax" and ignore all the regressive taxes when looking at total tax burdens. Federal income taxes make up less than half of the tax burden. While they are mildly progressive, the other tax revenues are quite regressive. And, let's not concentrate only on federal taxes. There has been a considerable shift in the tax burden, from federal to more regressive state and local taxes. Besides, your data is old. Using newer, 2004 data, let's look at the true tax burden. While it's true, the top 1% paid 32.8% as percentage of income, they also had 19.1% of the total income. Read the numbers, our tax structure is getting quite close to being a flat tax structure. http://www.ctj.org/pdf/fsl2004.pdf |
#135
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![]() "DSK" wrote in message ... ... I'd prefer a progressive tax, where the burden is 1- distributed more equitably 2- those who gain the most benefit pay more NOYB wrote: Great idea! If you're on welfare...pay more. If you're on Medicare...pay more. If you're on Social Security...pay more. If you live in a crime-ridden area requiring a higher level of police protection...pay more. If you ride public transit...pay more. If you have a huge waterfront mansion that you can only afford because of tax-subsidized construction & deducting loan interest, pay more. I'm pretty sure you're not talking about me. Afterall, my house is just under 2300 sq ft under air. The loan interest deduction is nice though. If you live in a wealthy low-crime neighborhood, it's difficult to see how you have *less* police protection than a high crime neighborhood. You certainly have more to lose. And the cops respond quicker & with more resources when you call. If you drive a gas guzzling luxury vehicle on public roads (ie paid for out of tax money- pay more Fine. Tax gas...not income. If you pollute the air & water more with a high consumption life style- pay more. Why? Very few tax dollars are spent to correct polluted air and water. At least compared to Medicare, Medicaid, Social Security, etc. If you have an investment portfolio that is protected by the SEC or other tax-supported agencies- pay more My home and my pension plan is my investment portfolio. I keep most of my other money in a Demand Note account (similar to a bank account, but without FDIC protection). I have cash in my business account, but I'd gladly forgo FDIC insurance in exchange for a tax break. If you have a health plan that provides good care at public supported hospitals- pay more How does this benefit rich folk over poor folk? The hospitals down here are private. And the high fees that the hospital charges me and my insurance company helps subsidize the folks who show up there with no insurance Beginning to get the idea? If you think the poor get more benefits, then try it yourself. If you like it better, stay poor. The poor *do* get more benefits from the government than the richer folks. That doesn't mean I'd like being poor. I just prefer to work for my benefits. The progressive tax system that we currently use has the top 1% of wage earners paying 32% of the taxes. Really? That doesn't quite fit with the last statistics I saw, but *if* that top 1% has 32% of the overall income, then what is unfair about making them pay 32% of the taxes? You're changing the argument now. You said that it's only equitable to charge them more because they derive more benefits from the government (which I don't agree with). But guess what!? With a flat tax, they'd still pay more of the total tax bill. You have not answered that basic question, just answered with a lot of whining about how the poor have it made. They don't "have it made". But their benefit vs. taxes-paid ratio is much, much higher than that of richer folks. You keep twisting the argument to make it one about quality of life instead of one about a fair tax system. |
#136
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NOYB wrote:
The hospitals down here are private. And the high fees that the hospital charges me and my insurance company helps subsidize the folks who show up there with no insurance Right, and that's actually a system grown out of control, but with very sensible roots. If you show up at an emergency room, clearly needing emergency treatment, do you want the doctors to find out about your insurance and/or your financial status first, or do you want them start fixing you? That is how publicly subsidized hospitals got started (a long time ago) providing subsidized (and very basic, and very often low quality) health care to poor people. To folks who want the gov't to take over yet more of health care, I always answer "You can get all the free gov't health care you want, just go to the closest emergency room. It's not that good (in large part because you usually have to wait in long lines), but hey, it's free (to the user, not the taxpayer)." An excellent case of TANSTAAFL Now back to the rest of the argument- Really? That doesn't quite fit with the last statistics I saw, but *if* that top 1% has 32% of the overall income, then what is unfair about making them pay 32% of the taxes? You're changing the argument now. No, I'm not. ... You said that it's only equitable to charge them more because they derive more benefits from the government (which I don't agree with). No, I said it's fair to charge each income bracket with paying their share of the overal income tax burden, apportioned by how much of the nation's overall income they earn. example If the top 1% earns 50% of all income, then they should pay 50% of the tax. Fair? I think so, and so far nobody has disagreed, just kicked & squealed about how those dad-gum poor people have it so easy. And the fact that you think poor people derive *more* benefits just shows that facts don't seem to sink in for you. You have not answered that basic question, just answered with a lot of whining about how the poor have it made. They don't "have it made". But their benefit vs. taxes-paid ratio is much, much higher than that of richer folks. If that were true, then people in general would be seeking those benefits by becoming poor, instead of scrabbling to claw their way up the socio-economic ladder. You keep twisting the argument to make it one about quality of life instead of one about a fair tax system. No, I'm responding to the knee-jerk claims made by a bunch of out-of-touch fascists. DSK |
#137
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![]() "DSK" wrote in message ... NOYB wrote: The hospitals down here are private. And the high fees that the hospital charges me and my insurance company helps subsidize the folks who show up there with no insurance Right, and that's actually a system grown out of control, but with very sensible roots. If you show up at an emergency room, clearly needing emergency treatment, do you want the doctors to find out about your insurance and/or your financial status first, or do you want them start fixing you? That is how publicly subsidized hospitals got started (a long time ago) providing subsidized (and very basic, and very often low quality) health care to poor people. To folks who want the gov't to take over yet more of health care, I always answer "You can get all the free gov't health care you want, just go to the closest emergency room. It's not that good (in large part because you usually have to wait in long lines), but hey, it's free (to the user, not the taxpayer)." An excellent case of TANSTAAFL Now back to the rest of the argument- Really? That doesn't quite fit with the last statistics I saw, but *if* that top 1% has 32% of the overall income, then what is unfair about making them pay 32% of the taxes? You're changing the argument now. No, I'm not. ... You said that it's only equitable to charge them more because they derive more benefits from the government (which I don't agree with). No, I said it's fair to charge each income bracket with paying their share of the overal income tax burden, apportioned by how much of the nation's overall income they earn. example If the top 1% earns 50% of all income, then they should pay 50% of the tax. Fair? I think so, and so far nobody has disagreed, just kicked & squealed about how those dad-gum poor people have it so easy. And the fact that you think poor people derive *more* benefits just shows that facts don't seem to sink in for you. You have not answered that basic question, just answered with a lot of whining about how the poor have it made. They don't "have it made". But their benefit vs. taxes-paid ratio is much, much higher than that of richer folks. If that were true, then people in general would be seeking those benefits by becoming poor, instead of scrabbling to claw their way up the socio-economic ladder. Despite the extra tax burden that comes along with doing so, it is still more self-satisfying and rewarding to "scrabble and claw" ones way up the socio-economic ladder. You keep twisting the argument to make it one about quality of life instead of one about a fair tax system. No, I'm responding to the knee-jerk claims made by a bunch of out-of-touch fascists. NOYB: 1 DSK: 0 You lose a point for being the first one to turn to name-calling. |
#138
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![]() "thunder" wrote in message ... On Wed, 31 Aug 2005 14:35:28 +0000, NOYB wrote: The progressive tax system that we currently use has the top 1% of wage earners paying 32% of the taxes. The top 5% paying 50.1%. The top 10% paying 63.5%. And the top 20% paying 78% of all income taxes. So the "less wealthy" (as you like to call them) only pay 20% of the tax burden. Is that equitable? Smoke and mirrors, smoke and mirrors. You can't look at the "progressive tax" and ignore all the regressive taxes when looking at total tax burdens. Federal income taxes make up less than half of the tax burden. While they are mildly progressive, the other tax revenues are quite regressive. And, let's not concentrate only on federal taxes. There has been a considerable shift in the tax burden, from federal to more regressive state and local taxes. Besides, your data is old. Using newer, 2004 data, let's look at the true tax burden. While it's true, the top 1% paid 32.8% as percentage of income, they also had 19.1% of the total income. Read the numbers, our tax structure is getting quite close to being a flat tax structure. Good! It should be a flat tax structure. http://www.ctj.org/pdf/fsl2004.pdf "combined federal, state and local taxes on the wealthiest one percent of Americans will equal 32.8 percent *of income* this year. For all other income groups, combined taxes will average 29.4 percent *of income*." (Not quite equal yet) |
#139
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![]() "thunder" wrote in message ... On Wed, 31 Aug 2005 14:35:28 +0000, NOYB wrote: The progressive tax system that we currently use has the top 1% of wage earners paying 32% of the taxes. The top 5% paying 50.1%. The top 10% paying 63.5%. And the top 20% paying 78% of all income taxes. So the "less wealthy" (as you like to call them) only pay 20% of the tax burden. Is that equitable? Smoke and mirrors, smoke and mirrors. You can't look at the "progressive tax" and ignore all the regressive taxes when looking at total tax burdens. Federal income taxes make up less than half of the tax burden. While they are mildly progressive, the other tax revenues are quite regressive. And, let's not concentrate only on federal taxes. There has been a considerable shift in the tax burden, from federal to more regressive state and local taxes. Besides, your data is old. Using newer, 2004 data, let's look at the true tax burden. While it's true, the top 1% paid 32.8% as percentage of income, they also had 19.1% of the total income. Read the numbers, our tax structure is getting quite close to being a flat tax structure. http://www.ctj.org/pdf/fsl2004.pdf Look at the numbers! The lowest-earning 20% garner the greatest share of government subsidies but only contribute 2.2% of the overall tax burden. Imagine you went into a restaurant and the price you paid for a hamburger depended upon how much you earned. The poor guy gets a Super size burger, fries and a coke...and has to pay $2.20. The rich guy goes in and has to pay $20.80...but he only gets a kid's size meal for it. And that's fair in your eyes? |
#140
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![]() "NOYB" wrote in message ink.net... "DSK" wrote in message ... NOYB wrote: The hospitals down here are private. And the high fees that the hospital charges me and my insurance company helps subsidize the folks who show up there with no insurance Right, and that's actually a system grown out of control, but with very sensible roots. If you show up at an emergency room, clearly needing emergency treatment, do you want the doctors to find out about your insurance and/or your financial status first, or do you want them start fixing you? That is how publicly subsidized hospitals got started (a long time ago) providing subsidized (and very basic, and very often low quality) health care to poor people. To folks who want the gov't to take over yet more of health care, I always answer "You can get all the free gov't health care you want, just go to the closest emergency room. It's not that good (in large part because you usually have to wait in long lines), but hey, it's free (to the user, not the taxpayer)." An excellent case of TANSTAAFL Now back to the rest of the argument- Really? That doesn't quite fit with the last statistics I saw, but *if* that top 1% has 32% of the overall income, then what is unfair about making them pay 32% of the taxes? You're changing the argument now. No, I'm not. ... You said that it's only equitable to charge them more because they derive more benefits from the government (which I don't agree with). No, I said it's fair to charge each income bracket with paying their share of the overal income tax burden, apportioned by how much of the nation's overall income they earn. example If the top 1% earns 50% of all income, then they should pay 50% of the tax. Fair? I think so, and so far nobody has disagreed, just kicked & squealed about how those dad-gum poor people have it so easy. And the fact that you think poor people derive *more* benefits just shows that facts don't seem to sink in for you. You have not answered that basic question, just answered with a lot of whining about how the poor have it made. They don't "have it made". But their benefit vs. taxes-paid ratio is much, much higher than that of richer folks. If that were true, then people in general would be seeking those benefits by becoming poor, instead of scrabbling to claw their way up the socio-economic ladder. Despite the extra tax burden that comes along with doing so, it is still more self-satisfying and rewarding to "scrabble and claw" ones way up the socio-economic ladder. You keep twisting the argument to make it one about quality of life instead of one about a fair tax system. No, I'm responding to the knee-jerk claims made by a bunch of out-of-touch fascists. NOYB: 1 DSK: 0 You lose a point for being the first one to turn to name-calling. He should lose an additional point for his inane arguement. Hell even the Russians have figured out that a flat tax is best. |
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