Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?
On May 26, 11:51*am, RD Sandman wrote:
"Scout" wrote :
wrote in message
.. .
On Wed, 25 May 2011 22:59:21 -0400, "Scout"
wrote:
wrote in message
...
On Wed, 25 May 2011 18:44:10 -0400, "Scout"
wrote:
Let's say your burger flipper makes $30,000 and your "wealth class"
makes
$1,000,000
The burger flipper (given the numbers above, the ones you snipped)
would be
paying all of $900 in taxes. Your "wealth class on the other hand
would be
paying $146,400. The effective tax rate, and you love talking about
effective rates, would have the effective tax rate on the burger
flipper be
3%, your wealth class, on the other hand, would have an effective
tax rate
of 14.6%
$900 for a low income in taxes is almost 90% of what they have over
what it takes to live on
Let's see about that shall we...
Poverty level (ability to survive) is $24,000
Which means he's $6,000 above that.
Of which he pays $900 in taxes
or....15% of what they have over what it takes to live on.
So where did you get 90%? Pull it out of your ass?
Because you assumed that a national poverty figure, set by the
****ing idiots that back the wealth class, is a figure that has
validity
Ok, then what number would you like to use?
I don't really care since it's going to be the same for everyone.
Second, the $900 you're proud of is only the FICA taxes, not the
total taxation paid by a low income earner. *Add to that $900, state,
local, county, and other federal taxes on food, clothing, shelter,
utilities, everything else.
Totally missing out on what is being said, aren't you?
WOW, I though he was smarter than that, but.......
Mr. Roselles is the only person on UseNet to successfully argue
himself *into* a paper bag.
--
Sleep well tonight....RD (The Sandman)
If you woke up this morning....
Don't complain.
|