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Old May 25th 11, 11:45 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?



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

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


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


"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.

Nope, what's unfair is YOU expecting OTHERS to pay for what YOU want.

The EFFECT on the wealthy taxpayer is nil.
The EFFECT on the low income tax payer is catastrophic.

Interestingly, no one is asking that $50K guy for that extra grand,

but
here you are whining that the million dollar guy won't as affected.

The problem Democrats will have is that sometime they will run out of
other people's money.



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

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

That's what is unfair.
A small increase of tax on a low earner is a huge burden
The same increase on a wealthy person is INSIGNIFICANT.


No one is asking for the same increase from both parties, you idiot.
Besides if the low earner is really a low earner like the 45% who don't
pay tax in the first place, how can you increase the tax on them. They
still won't reach the AGI that pays taxes. Increasing the tax percentage
doesn't do a damn thing to change their AGI.


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

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


I gave an example of how the same number (dollars) has a different affect
on people of different wealth.



So did I. Your low wage earner would have (after taxes) and increase in
income of 13%, while the wealth class would have an increase in wealth of
less than 1%.

Sure, the tax is more significant to the low wage earner, but the boost in
income is also more significant as well.

You wish to ignore that half of the equation.

Why is that?



You didn’t understand it.....what's the word you used....you idiot!


 
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