I used the 50% as an accurate quote of the correct article, which was based on the state of CA, and was true.
You contorted the 50% to include a presumption that wealthy also earn an equivalent 50% in income, which was false.
I used the 50% as an accurate quote of the correct article, which was based on the state of CA, and was true.
You contorted the 50% to include a presumption that wealthy also earn an equivalent 50% in income, which was false.
You don't have to convince me a graduated tax rate is a good idea. I think it is a good idea.
You have to convince me that you aren't distorting the facts to make a case based on false assumptions.
The top 1% of wage earners paying 37% of the gross Federal taxes when they earn 19% of the income while the bottom 50% of wage earners paying 3% of the gross Federal taxes when they earn 13% is out of balance, regardless of whether or not the tax rate is graduated.
Period.
SVreX wrote: I used the 50% as an accurate quote of the correct article, which was based on the state of CA, and was true. You contorted the 50% to include a presumption that wealthy also earn an equivalent 50% in income, which was false.
I did not know the numbers, so I looked them up and found out I was not correct. I found out the wealthiest people in the country earn 20%-24% of the income and pay about 37% of federal income tax.
Presuming that the wealthiest 1% of people in CA pay nearly 50% of income tax in the state, what percentage of income do they have for the state? It is probably greater than the national 24% number. No one is providing what that number actually is.
Again, this comes down to: Do you believe a graduated tax rate is fair? I do. If you do, what graduated rate do you believe is fair? I don't know enough to say, which is why I'm glad I don't have to set that rate.
Oh, and I forgot one thing.
Not only is it out of balance, but OWS thinks it should be more out of balance.
Entitlement thinking.
Exactly what Carolla was addressing.
SVreX wrote: The top 1% of wage earners paying 37% of the gross Federal taxes when they earn 19% of the income while the bottom 50% of wage earners paying 3% of the gross Federal taxes when they earn 13% is out of balance, regardless of whether or not the tax rate is graduated.
Umm... the point of a graduated tax rate is to not be balanced. Even with small gradation, the wealthiest will pay a greater proportion than the poorest.
Sounds like we now have an argument about whether or not the level of gradation is fair or not. That is too big a question for me, but I have not seen anything to say that the wealthiest people pay an unfair amount.
I know I support repeal the Bush-ear tax cuts. I think we should repeal them for everyone, not just the rich. This country needs the revenue.
That sounds like a good question for another thread.
This one is about OWS. Carolla made the point that they have an entitlement mentality which is killing the country.
I agree.
Salanis wrote:SVreX wrote: The top 1% of wage earners paying 37% of the gross Federal taxes when they earn 19% of the income while the bottom 50% of wage earners paying 3% of the gross Federal taxes when they earn 13% is out of balance, regardless of whether or not the tax rate is graduated.Umm... the point of a graduated tax rate is to not be balanced. Even with small gradation, the wealthiest will pay a greater proportion than the poorest. Sounds like we now have an argument about whether or not the level of gradation is fair or not. That is too big a question for me, but I have not seen anything to say that the wealthiest people pay an unfair amount. I know I support repeal the Bush-ear tax cuts. I think we should repeal them for everyone, not just the rich. This country needs the revenue.
What exactly does the nation need the revenue for?
Invading brown countries and feeding the morbidly obese if you listen to both sides.
SVreX wrote: That sounds like a good question for another thread. This one is about OWS. Carolla made the point that they have an entitlement mentality which is killing the country.
Agreed. Best for another thread.
I agree that many (but not all) have an entitlement mentality. I don't think it's killing this country (I do not believe when people tell me the sky is falling). I don't believe it's healthy for this country either.
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