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Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?
gfn wrote in news:75946acf-fb50-4a71-9677-e0b1afec14b0
@w19g2000yql.googlegroups.com: On May 24, 11:24*am, John Smith wrote: On 5/24/2011 8:20 AM, gfn wrote: * ... Where are some credible souces to back up any of that innuendo you keep attempting to push? Truth is, sure looks like the wealthiest 1% are not paying 42% of all of governments costs, and sure looks like the top 19% are not paying half of governments costs, until that happens they are NOT paying their fair share ... a flat tax can fix that ... Regards, JS I already said the tax data is at irs.gov Now, as for a flat tax I agree with you 100%. The one I advocate is the FairTax. That is not a flat tax, it is a sales tax. -- Sleep well tonight....RD (The Sandman) If you woke up this morning.... Don't complain. |
Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?
John Smith wrote in
: On 5/24/2011 9:02 AM, gfn wrote: On May 24, 11:24 am, John wrote: On 5/24/2011 8:20 AM, gfn wrote: ... Where are some credible souces to back up any of that innuendo you keep attempting to push? Truth is, sure looks like the wealthiest 1% are not paying 42% of all of governments costs, and sure looks like the top 19% are not paying half of governments costs, until that happens they are NOT paying their fair share ... a flat tax can fix that ... Regards, JS I already said the tax data is at irs.gov Now, as for a flat tax I agree with you 100%. The one I advocate is the FairTax. Let me put this more bluntly. If I buy and item and pay 7% sales tax, the top one percent should buy an item and pay a 42.7% sales tax, that way they will be contributing their fair share to run government ... http://sociology.ucsc.edu/whorulesam...er/wealth.html And how do you know that at the time of purchase? -- Sleep well tonight....RD (The Sandman) If you woke up this morning.... Don't complain. |
Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?
John Smith wrote in news:irgiev$f2r$2@dont-
email.me: On 5/24/2011 7:47 AM, gfn wrote: So, let me cut to the chase here, since 1% of the people make 42.7 percent of the financial wealth, they should pay for 42.7 percent of the cost of the roads, the public utilities, the parks, the state budget, the federal budget, etc. They do. Those roads, public utilities, parks, state budgets, federal budgets are paid mostly by income taxes, excise taxes, use taxes, gasoline taxes and some special use taxes. Are you under the impression that wealthy folks don't have to pay those? And, since 50.3 percent of the people get half of the financial wealth, they should be paying over half the costs of all these government costs. And, they should be damn anxious to pay them, after all, that is the system which is allowing their financial wealth. Hmmmm, you do realize, one hopes, that their financial wealth is one of the things that provides for worker bees....like employment, pay, benefits, etc.. -- Sleep well tonight....RD (The Sandman) If you woke up this morning.... Don't complain. |
Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?
"RD Sandman" wrote in message ... John Smith wrote in news:irgik5$f2r$3@dont- email.me: On 5/24/2011 8:20 AM, gfn wrote: ... Where are some credible souces to back up any of that innuendo you keep attempting to push? Truth is, sure looks like the wealthiest 1% are not paying 42% of all of governments costs, and sure looks like the top 19% are not paying half of governments costs, until that happens they are NOT paying their fair share ... a flat tax can fix that ... Oh, you mean one like this? A tax on *ALL* income no matter where derived. One deduction. Federal poverty level for a family of four and everybody gets that deduction. Have a tax rate of, say 15% and the current poverty level at $24K and we get the following: A person who earns up to $24K, pays nada... A person who earns $50K, pays $3,900 (50-24x15%) A person who earns $100K, pays $11,400 (100-24x15%) A person who earns $500K, pays $71,400 (500-24x15%) A person who earns a million pays $146,400 (1000-24x15%) That do it for you? .. .. If you add a $1,000 tax to the $50,000 guy he becomes homeless If you add a $1,000 tax to the $1,000,000 guy...he never notices it. That's what's UNFAIR. The EFFECT on the wealthy taxpayer is nil. The EFFECT on the low income tax payer is catastrophic. |
Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?
On May 24, 12:07*pm, John Smith wrote:
On 5/24/2011 9:02 AM, gfn wrote: On May 24, 11:24 am, John *wrote: On 5/24/2011 8:20 AM, gfn wrote: * *... Where are some credible souces to back up any of that innuendo you keep attempting to push? Truth is, sure looks like the wealthiest 1% are not paying 42% of all of governments costs, and sure looks like the top 19% are not paying half of governments costs, until that happens they are NOT paying their fair share ... a flat tax can fix that ... Regards, JS I already said the tax data is at irs.gov Now, as for a flat tax I agree with you 100%. *The one I advocate is the FairTax. Let me put this more bluntly. *If I buy and item and pay 7% sales tax, the top one percent should buy an item and pay a 42.7% sales tax, that way they will be contributing their fair share to run government ... Impossible to implement. http://sociology.ucsc.edu/whorulesam...er/wealth.html Regards, JS |
Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?
On May 24, 12:13*pm, John Smith wrote:
On 5/24/2011 9:02 AM, gfn wrote: On May 24, 11:24 am, John *wrote: On 5/24/2011 8:20 AM, gfn wrote: * *... Where are some credible souces to back up any of that innuendo you keep attempting to push? Truth is, sure looks like the wealthiest 1% are not paying 42% of all of governments costs, and sure looks like the top 19% are not paying half of governments costs, until that happens they are NOT paying their fair share ... a flat tax can fix that ... Regards, JS I already said the tax data is at irs.gov Now, as for a flat tax I agree with you 100%. *The one I advocate is the FairTax. First of all, the data on that site is not effective in being able to reach any proper conclusions ... it has been conveniently arranged that way. 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. Even a professional accountant would need a great amount of time to be able to apply the data effectively, and then only with the data from other sources ... Regards, JS |
Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?
On May 24, 1:23*pm, RD Sandman wrote:
gfn wrote in news:75946acf-fb50-4a71-9677-e0b1afec14b0 @w19g2000yql.googlegroups.com: On May 24, 11:24*am, John Smith wrote: On 5/24/2011 8:20 AM, gfn wrote: * ... Where are some credible souces to back up any of that innuendo you keep attempting to push? Truth is, sure looks like the wealthiest 1% are not paying 42% of all of governments costs, and sure looks like the top 19% are not paying half of governments costs, until that happens they are NOT paying their fair share ... a flat tax can fix that ... Regards, JS I already said the tax data is at irs.gov Now, as for a flat tax I agree with you 100%. *The one I advocate is the FairTax. That is not a flat tax, it is a sales tax. It's a sales tax but it is flat. It's a flat 23%. -- Sleep well tonight....RD (The Sandman) If you woke up this morning.... Don't complain. |
Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?
On 5/24/2011 10:24 AM, RD Sandman wrote:
John wrote in : On 5/24/2011 9:02 AM, gfn wrote: On May 24, 11:24 am, John wrote: On 5/24/2011 8:20 AM, gfn wrote: ... Where are some credible souces to back up any of that innuendo you keep attempting to push? Truth is, sure looks like the wealthiest 1% are not paying 42% of all of governments costs, and sure looks like the top 19% are not paying half of governments costs, until that happens they are NOT paying their fair share ... a flat tax can fix that ... Regards, JS I already said the tax data is at irs.gov Now, as for a flat tax I agree with you 100%. The one I advocate is the FairTax. Let me put this more bluntly. If I buy and item and pay 7% sales tax, the top one percent should buy an item and pay a 42.7% sales tax, that way they will be contributing their fair share to run government ... http://sociology.ucsc.edu/whorulesam...er/wealth.html And how do you know that at the time of purchase? You set up a system which handles it ... where they pay their fair share of the cost of government. Regards, JS |
Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?
On 5/24/2011 10:45 AM, gfn wrote:
... Impossible to implement. http://sociology.ucsc.edu/whorulesam...er/wealth.html Regards, JS Yeah, a lot of things are "impossible", up until someone does it ... Regards, JS |
Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?
John Smith wrote in :
On 5/24/2011 9:02 AM, gfn wrote: On May 24, 11:24 am, John wrote: On 5/24/2011 8:20 AM, gfn wrote: ... Where are some credible souces to back up any of that innuendo you keep attempting to push? Truth is, sure looks like the wealthiest 1% are not paying 42% of all of governments costs, and sure looks like the top 19% are not paying half of governments costs, until that happens they are NOT paying their fair share ... a flat tax can fix that ... Regards, JS I already said the tax data is at irs.gov Now, as for a flat tax I agree with you 100%. The one I advocate is the FairTax. Let me put this more bluntly. If I buy and item and pay 7% sales tax, the top one percent should buy an item and pay a 42.7% sales tax, that way they will be contributing their fair share to run government ... http://sociology.ucsc.edu/whorulesam...er/wealth.html Regards, JS First, we kill all the Marxists. -- Herman Cain for President! http://hermancain.com/ If you don't support him you are a Racist!! He beat Cancer. He'll beat Obama (who is just like cancer) Remember Desert One, Carter 0? Ain't it sad to wish that Obama had as much ambition but being glad he doesn't knowing he doesn't have THAT much competence? |
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