"Scout" wrote in
:



"Sid9" sid9@ bellsouth.net wrote in message
...

"RD Sandman" wrote in message
...
"Sid9" sid9@ bellsouth.net wrote in
:


"RD Sandman" wrote in message
...
Gray Ghost wrote in
. 97.142:

RD Sandman wrote in
:

"Scout" wrote in
:



"John Smith" wrote in message
...
On 5/24/2011 12:21 PM, RD Sandman wrote:
John wrote in
:

On 5/24/2011 11:40 AM, RD Sandman wrote:
John wrote in
:

On 5/24/2011 10:47 AM, gfn wrote:
...
Sure it is. It gives a clear, concise and true picture
of
who
pays the federal income tax burden in this country. If
you want to talk about all taxes and all revenue that
goes to the government then your right. I know of no
place that compiles that data. ...
OK. Then, please cut and paste the relevant parts here, I
need
them pointed out to me.
If you can't understand the date presented at that site,
you have no hope of understanding any data presented to
you. Which explains some of your ideas.....
If it is so simple, as you pretend, it would be no problem
... you are attempting a circular argument ...

Just post something which proves your point ... if you can,
from the site you are claiming explains it openly ... DUH!
I didn't make that claim, however, here is the data:

2008

Top 1% AGI$380,354 Percentage 38.02
Top 5% AGI$159,619 Percentage 58.72
Top 10% AGI$113,799 Percentage 69.94
Top 25% AGI$ 67,280 Percentage 86.34
Top 50% AGI$ 33,048 Percentage 97.30
Bottom 50% AGI$ 33,048 Percentage 2.70

2007

Top 1% AGI$410,096 Percentage 40.42
Top 5% AGI$160,041 Percentage 60.63
Top 10% AGI$113,018 Percentage 71.22
Top 25% AGI$ 66,532 Percentage 86.59
Top 50% AGI$ 32,879 Percentage 97.11
Bottom 50% AGI$ 32,879 Percentage 2.89

Here is the site:

http://ntu.org/tax-basics/who-pays-income-taxes.html

The Virginian-Pilot
© May 15, 2011
By Don Tabor

Who really pays the baker's taxes? The baker may write the
check, but he does not bear the cost, and in that paradox
lies the cause of much of the bitter partisanship and
polarization that poisons our political process. But to
understand that problem, we must consider how taxes are
applied to the production of goods and services.

So, how does the loaf of bread the baker sells come to
market?

A farmer grew and harvested wheat for sale to the miller to
be made into flour for the baker. The farmer paid income
taxes based on his profit from the sale and property tax on
his farm and equipment. Those taxes were, from his point of
view, just another cost of doing business in the course of
earning his living, no different from fuel for his tractor or
wages and taxes for employees.

Since every other farmer had roughly the same expenses and
taxes, the price they charge the miller must cover their
expenses and taxes, plus their after-tax disposable income
and savings. Otherwise, there would be no point in growing
wheat. All of these costs and taxes were passed on to the
miller, embedded in the price of wheat.

Likewise, when the miller sold the flour ground from the
wheat to the baker, his taxes, plus the income and Social
Security taxes
he
withheld from his employees, plus the farmer's taxes, were
all passed on to the baker.

The baker then sold his bread made from the flour, carrying
with it his own taxes plus those of his employees, plus all
those previous taxes from the farmer, miller and their
employees,
hidden
in the price of that loaf of bread. The buyer and his family
ate the bread, and, having done so, could not sell it to
anyone else and pass the taxes along, as the baker and
everyone else before had done.

So, it is the consumer who paid the baker's taxes, along with
the farmer's taxes, the miller's taxes and the taxes they
withheld from all of their employees. From bread to
automobiles to brain surgery, the price of everything we buy
carries in it the hidden taxes of everyone who contributed to
the production of that product or service to the tune of, on
average, 23 cents of every dollar we spend for federal taxes
alone.

Our complex, pervasive and expensive tax code is, in reality,
a scheme to draft businesses and individuals as unpaid and
unknowing
tax collectors to gather a hidden sales tax and to keep
voters from realizing who really bears the burden of those
high taxes.

There is no way around this central reality that all income
and business taxes are a deception and that all taxes are
eventually paid by the consumer, hidden in the price of goods
and services. It doesn't matter what tax rate is applied to
which tax bracket, or what deductions you receive. These
devices change only the degree to which you are a tax
collector, but the burden taxes place on your life depends
solely on what you spend.

Paying this hidden consumption tax is unavoidable, but the
illusion of income-based taxing does a great deal of harm.
First, it distorts our economic decisions. Goods and services
that are provided by highly taxed individuals and companies,
like health care, are artificially more expensive than
necessary, while raw materials and natural resources are
underpriced, leading to overconsumption and waste.

But even worse, these hidden taxes distort the political
process, encouraging government overspending by politicians
who exploit
the
mistaken belief of many voters that government spending can
be paid for solely by taxing corporations or the "rich." All
of the exploitation of envy and demagoguery - which brings so
much ill will to our politics and drives wedges between
Americans who
would
be better served by mutual respect and compassion - is
ultimately the meaningless exploitation of a lie.

Our income tax system, with its escalating marginal rates,
appears
progressive, but the reality is extremely regressive.
Currently, the lower income 45 percent of wage earners may
pay no income tax directly, but in reality, with their FICA
taxes added to the hidden embedded tax, their true federal
tax burden is almost 30 percent of their meager income.

Voters might well choose differently were they aware that
government spending is ultimately paid for by everyone,
through
an
invisible sales tax disguised as a high cost of living.

Guest columnist Don Tabor of Chesapeake is a grandfather,
Libertarian activist and proprietor of TidewaterLiberty.com.
He
is
a dentist in Norfolk and Hampton.

A flat tax, and NO OTHER TAXES! PERIOD!

Agreed. A flat tax. Mr A buys a product he pays the same tax as
Mr. B.

Mr. A pays the same rate of taxes on his income that Mr. B
does.

No exceptions, no exclusions, except those which apply to ALL.

If you're going to exempt Mr. A housing, food, medical, then Mr
B gets the exact same exemptions.

Otherwise, it's not a flat tax.




And it won't fix the problem he is whining about....which is the
rich
not paying a hundred times what the poor do.


And truthfully you never will. It is childish whining to think
so.
The
best you can hope for is that everyone pays the same percentage
without a plethora of deductions and weasel outs.

Which is what my flat tax proposal does.

AFter, of course, you tell me exactly how much the guv needs and
why.

GG, somehow I doubt that decision is up to you.


Paying the "same percentage" is not fair.

The BURDEN is much less on the wealthy.

The wealthy are paying most of the income tax burden. You wouldn't
be happy with any tax scheme that didn't penalize the wealthy and
not charge you a dime.

.
.
They pay the aggregate of most of the money and it has far less
impact on their lives than the ordinary working American.
To that extent it's unfair.

Well, SOB, you mean there's actually an advantage to getting ahead?

If there wasn't, then why would people work their asses off to do so?

Looks to me like you're simply ****ed because you're poor and they're
not.




Exactomundo!! Him and his butt buddy, John.

--
Sleep well tonight....RD (The Sandman)

If you woke up this morning....
Don't complain.