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Old May 25th 11, 11:44 PM posted to talk.politics.guns,alt.fan.rush-limbaugh,alt.rush-limbaugh,rec.radio.shortwave,alt.conspiracy
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Default Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?



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On Wed, 25 May 2011 14:07:09 -0500, RD Sandman
wrote:

Besides if the low earner is really a low earner like the 45% who don't
pay tax in the first place


A low earner pays as much tax on goods and services as a ****ing
billionaire you dip**** asshole, and is a bigger burden on their
existence that anyone else.


No, actually a billionaire tends to spend much more since they purchase
considerably more goods and services, and thus pay more tax as a result.

You're talking about tax on income, which the wealth class can affect
more than a burger flipper


Actually the wealthy would be affected more since the poverty level
deduction is negligible for their income, but a significant part of the
income of your burger flipper.

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%

So the tax is clearly affecting the wealth class far more than it would the
burger flipper, so your objection has no merit.

In fact none of your objections have had any merit since your complaint
seems to be that unless we stick to the wealthy then it's impossible.




 
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