"Scout" wrote in
:



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


"RD Sandman" wrote in message
...
John Smith wrote in news:irec2j$3ri$1@dont-
email.me:

On 5/23/2011 9:59 AM, RD Sandman wrote:
John wrote in
news:irbjfe$naf$1@dont- email.me:

On 5/22/2011 10:58 AM, RHF wrote:
...
- It is the University of California at Santa Cruz
- who you are calling idiots.

Well Now... any Institution of Higher Learning
with 'Slug' {For Brains} as their Mascot is a
http://www.kohoso.us/images/ucsc.png
place that 'I' am not Banana's about. ~ RHF
http://www.ucsc.edu/about/mascot.html
-wrt- Sammy the Slug
http://en.wikipedia.org/wiki/University_of_California,
_Santa_Cruz#Mascot
...
Since the figures are actually a summary of the federal reserve
and govt. figures, the ultimate message comes from them ... you
will
notice,
no one is able to come up with figures which dispute them --
that
often
happens with the truth ...
Particularly when you post both sides.......you didn't.

Whoever make the money pays the bill ... no-brainer ... this
financial crisis is just working out those terms.

However, you wish to tax the wealthy even more even when the stats
show that they pay about where they should be when looking at the
amount of wealth or income that they show.


The wealthy, whose income is reported on 1099s, pay a lower
effective tax rate then people whose income is report on a W-2.
Up to 33% if you work at a job.....10% on dividends......for not
working.

So what? The top 1% owns about 42% of the wealth, has about about
35% of the total net worth and pays about 40% of the income tax.
Those numbers are pretty much in line.

Meanwhile the bottom 80% owns about 7% of the wealth, about 15% of
the net worth and pays 11% of the income taxes. In fact the bottom
50% only pays 2.7% of those income taxes.

Again, pretty much in line.


The more your make from NOT WORKING, the more likely your tax rate
will approach 17.7% asymptotically.

IOW, you are saying that the MORE money you make, the MORE money you
should owe the government and the LESS money you earn, the MORE money
the government owes you?

Also known as "Steal from the rich to give to the poor".




In the poplular idiom of the day.......income redistribution.

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

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