USATODAY headline: Tax rates on track to soar as proposals form

[Casull]

I knew you'd dodge the question.  Again,

tm7, you just open your mouth and the diarhea starts flowing.  Sheesh.  Exactly when did the Founders start or envision a so-called progressive income tax?  Now, please answer the question and don't just spew out more fecal matter. 

   

[Casull]

tm7, I know you have trouble comprehending, so here it is nice and simple from Wiki Answers:

Answer
Well, I'm not sure where you define wealthy...but the upper 50% of the wage earners pay @97% of all tax collections, and the lower ones only @3%. The upper of the upper pay a disproportionate share of that too, the Top 1% of earners = 37% of taxes paid, the next bracket 2-5% accounts for another 20%. So about 57% paid by the top 5%. Especially as this is for Personal Income Tax only, and many of the more wealthy have much of the income taxed (some would say double taxed) by in the Corporate returns of those corporations they control/own.

Also, this is of those filing returns. The percentage of people whose income is, because of deductions/exemptions below where they have to file returns, and with things like Earned Income tax credits, actually get more back than they might pay, is huge...something like 40% of the populace. And of course, the lower earners pay at much reduced rate anyway.


Some quick statistics: The top 1% of earners pay 21.20% of all taxes paid at an average rate of 24%, the top 2 - 5% of earners pay 14.55% of all taxes at an average of 18% (Top 5% pay @36% of all tax) The bottom 50% pay 3% of all tax collected at an average rate of 2.98%.

As far as this:

Your question has been answered concerning The Founders on taxation adequately for level of comprehension. Do your own research for a change, because there is tons of info on US tax history.

BS, pure and simple.  You haven't answered squat.  The first US income tax was levied during the Civil War.  Please note that there were no Founders alive at that time.   

[ms]

The federal government of the United States imposes a progressive tax on the taxable income of individuals, partnerships, companies, corporations, trusts, decedents' estates, and certain bankruptcy estates. Some state and municipal governments also impose income taxes. The first Federal income tax was imposed (under Article I, section 8, clause 1 of the U.S. Constitution) during the Civil War, then again in the 1890s, and again after the Sixteenth Amendment was ratified in 1913. Current income taxes are imposed under these constitutional provisions and various sections of Subtitle A of the Internal Revenue Code of 1986, as amended, including 26 U.S.C. § 1 (imposing income tax on the taxable income of individuals, estates and trusts) and 26 U.S.C. § 11 (imposing income tax on the taxable income of corporations).

[jimster]

Who needs to go back in history that far to see that over taxing people doesn't work? 
Who needs a history lesson to find out that a small percentage of people flip the bill for most of America?

And of course we could just say...look around at recent happenings...how's that workin out so far in the States that taxed away their people and jobs?

Seems to me the only history lesson we need is to be logical and look at when the government income was good, and when it was bad, and what has been done in the past to correct things some, or what has been done recently to make things a whole lot worse. 

Personally...I don't see a connection between the founding fathers and all kinds of taxes...LOL!!!...But of someone does...hey I've heard stranger things form the idiots just elected, so there ya go.
I do see a connection on the founding fathers wondering why we are waiting so long to kick some serious butt on those who steal from us, create people that are dependent...things like that. 

Don't care if you call it socialism...or just plain stupid....all the same to me.
And you can say there is no right and left too...just right and wrong.  That's how I think anyway.
We can prove the government takes too much money and squanders most of it...what else do you need but this proof?
Since this latest bunch of yahoos got in there, we are loosing trillions now...instead of billions...and anyone seen any of it??

Run away spending demands taxes...now that many are out of work...they need more taxes because they keep spending...so they raise the taxes on the only people left working, which will in time dwindle down some more, then they will need to raise taxes again, cause the the run away spending is still going on and they won't stop it...

I'm tellin you straight out they are brain dead, and anyone at all who agrees with this nonesense...is also brain dead, or so attached to a party they can't see straight which is the same thing.  There is nothing the government is doing that we would implement in our homes...and we all know it.


 

[Casull]

Bravo jimster!  I for one am for any tax cuts.  The less money we send to Washington, the better.  But, there are always those whiners crying about someone not paying their fair share (and usually the ones they are whining about are already paying a LOT more than those doing the whining).

[billy_56081]

Heck most of the envious who are whining about the rich not paying their fair share are receiving more in tax kickbacks and government services than they have ever earned. The envious whiners are nothing but parasites on our great countrty.

[billy_56081]

So TM did the Jews do it or was it Bush did it?

[Casull]

You also should look into the Founders original ideas on taxes,,,,based on incomes from tarriffs

tm7, now you're just looking sillier and sillier.  "incomes from tarriffs"?  That doesn't even make sense.  I mean more so than your usual drivel.   

[billy_56081]

TM after you become rich and famous for you line "the Jews did it" you will know how much taxes the rich pay.

[Casull]

Tariffs are incomes for the government, in case you didn't know....

LOL.  "Incomes" would imply that they are earned.  The government doesn't "earn" its money, it takes it.  And, where in the world did you come up with the pathetic thought that the tariffs, taxes on imports and exports, and such that the Founders utilized to fund the nation's coffers were "progressive" (ugh, I despise that term, since its intended to sound like a good thing, but what it means is progressively more onerous).  The Founders gave birth to a nation that was funded for its first eighty-five years or so, in essence, by taxes in the manner of sales taxes (tariffs, import and export taxes, taxes on whiskey, etc.).  All those kinds of taxes that libs would refer to as regressive.

[Dixie Dude]

Having a flat income tax with no deductions except maybe mortgage interest and dependents period.  Maybe charities.  After that none period.  Then as your wealth and income increase, no need to go offshore, invest here, taxes would be a flat 10% or 15%.  OR get rid of income tax altogether, and have a national sales tax.  Have a higher import tax so businesses will return to America and create jobs here. 

[jimster]

LOL!  

None of us need a history lesson....all you need to do is do your own taxes...keep track of what they take from you...that's the only history lesson you need to know right now.

After that you can dig in to the trillions they print, spend, make disappear, and find out what they spend it on...

that's all anyone needs to know.  Debate is great....but there is not much to debate when all the facts are in place to look at.  
I get taxed to the point where I have to save money to pay the government...people who make more than me get taxed more...people who make a whole bunch get taxed even more.  My main thing to do the last several years is find ways around taxes as much as I can while the government spends themselves into a hole.

We pay too many taxes considering what they do with it and where it goes.  That's a fact...and nobody can prove different....they can give history lessons yes...but they can't prove me wrong.  I am smarter than our government wants me to be as it is...(and that's not real smart but they are dumb as rocks)...

I don't know what you call someone who jumps on the government band wagon....socialist, marxism...who knows...to me it's just ignorance.  Considering all the facts.  And smart people can be real ignorant....ignorant is not a bad word.  If someone agrees with the big government band wagon knowing the facts, there must be a name for that as well.  You can choose that name.  I prefer not to mention it here in case I get another history lesson.  

[nomosendero]

Well said jimster