Even if you take it as straight pay, it doesn't come out to 31%.

I'm 2 of those 7 things you listed and I've never paid the full personal tax rate in 15 years.

dude, he can only guess at the situations of the successful.

.... I just pointed it out for ya... that's you guys :)

For me, they've both done very little to "really" help us and both have done a great deal to fuck us. Either way, it kinda makes it equal for us all, no mater what side "we" are on.

here's my proof:

http://www.washingtonpost.com/blogs/...d0iK_blog.html

When you add up all of the various taxes, and look at the effective tax rates, it is clear the tax system is already pretty progressive. Everyone pays some tax, even those who pay no federal income taxes, and the wealthiest pay a larger percentage share of taxes. Here?s the effective tax rate for all of the groups, according to the CBO:
Lowest quintile (23.4 million taxpayers), zero to $18,900: 4.3 percent
Second lowest quintile (22.4 million), $18,900-$32,100: 10.2 percent
Middle quintile (22.9 million), $32,100-$47,400: 14.2 percent
Fourth quintile (23 million), $47,400-$71,200: 17.6 percent
Highest quintile (23.6 million), above $71,200: 25.8 percent
Top 10 percent (12 million), minimum income of $98,100: 27.5 percent
Top 5 percent (5.9 million), minimum income of $134,400: 29 percent
Top 1 percent (1.1 million), minimum income of $332,300: 31.2 percent


where's yours again?:1orglaugh

hey listen, if I were in your shoes, I'd go to where the handouts where best too.

i know when you see average incomes for professions like vets, lawyers, doctors the numbers are lower than one would think but a good % of professionals are making A LOT more. i know two veterinarians - one is a cousin, one is a good friend - own their own clinics in upper middle class areas, both make in the mid 6 figures.

warren buffet paid $8 mil in taxes. you probably paid about $2500.

is your point that you don't pay your fair share?

That is not at all what she is saying. Her, like president Obama, wants to raise taxes from 35% to 39%, not 60%.

That's not proof of what is ACTUALLY paid... are you that slow?

If I were in your shoes I wouldn't admit to know having any clue about money or taxes or investing or business.... but you continue to do it with every post.


This was a great example of how you're totally wrong in just one minor way....
http://www.cbo.gov/publications/coll...table_2006.pdf

So you fail to realize that Buffet paid 17% tax, which you said can't be done, you argued it was all the same, it's income, blah blah blah... hahaha... You argue that the richer you are the more you pay, when that is BULLSHIT and anyone that ACTUALLY earns true higher incomes, knows this.

HELLOOOOOOOOoooo point is YOU HAVE NO IDEA what you're talking about here.

I'm taking a political science class right now & it's actually really interesting yet really fustrating. The main concept they're pounding in our head is to do equality research before I make my opinion known, so I'll get back to ya on this one!

then raise EVERYONE's taxes 4%

anything else is class war fare.

She has 22 employees and runs the 3rd largest accounting firm in NJ, you idiot tool.
Plus, I can gauran-damn-TEE you I make more $$$ than you do, can prove it, the entire board can openly see what I do and how I've grown, many of my sites and my affiliate program (which I advertise here on GFY) are in my sig, I've worked with enough GFY members off-board (in the real world, where money talks and BS walks) to back up MY rep.

You?
:NopeNope

Okay, brilliant logic... 4% of 9k = $360 for a a month so $30 less a month, so $720 to live on.

Or 4% of 500k = $20k vs $40,000 a month to live on.

See how that works, taking $30 a month from the poor, actually hurts them - that's food, it makes it not fair TO THEM, not the other way around.

holy crap, with every post it becomes more and more evident why you failed.

warren makes his money on what's known as investment income. His business is investing.My income and every other top 1%er have what's called EARNED income. Your betters pay 34% on ALL of their EARNED income.

christ, no wonder you fled to canada.

I told you earlier what rate I paid... so by your estimation I made approximately $9000. You busted me... I live in a chicken coop... :1orglaugh

then perhaps you and your kind should work harder.
Its not the successful's fault that you and your kind can't feed yourselves.

I was taking into account that your alimony is tax free.

and trust me son, I'm not likely to believe a whole lot about what you SAY you pay.

Wow... only a total jackass thinks it's someones fault that they can't always feed themselves... you would rather take $20 worth of food out of millions of kids mouths? WTF is wrong with your brain man?

because you have deductions that drop you down into a lower tax bracket?

it sounds like you would be perfectly fine if those deductions were taken away and you had to pay the full personal tax rate. if that's the case and you feel strongly that the successful aren't taxed enough why don't you donate the money you're 'saving' to the government?

i know how to pay off the US debt - even with the crazy military spending if it continues.
it's the medical industry, it's the tail that is wagging the dog and it's just going to get worse as the Baby Boom moves en masse into old age. And as somebody else posted in this thread - a national sales tax. The US i think is the only Western country without one. There are other existing taxes in the US that could and should be raised. I was listening to David Frum being interviewed and he mentioned the liquor tax in the US - that tax hasn't been raised in 50 years or longer. Nobody's going to stop drinking if that tax gets raised so raise it. I'm not sure what the federal tax is on cigarettes is but i'm sure it's a lot lower than the Canadian tax on cigarettes where a pack of cigarettes is 10 dollars.Sin taxes are great, increase them. As a side benefit maybe some of the poor will stop smoking and drinking. There are also huge loopholes in the tax code that allow Fortune 500 companies to shelter billions in offshore subsidiaries which really are nothing but shells.

You're the only idiot I know of that pays that much. Any other top earners wish to admit they pay the full tax rate? Fuck it's not even possible statistically but this moron some how doe sit.

It's called moving your EARNED income to investments FIRST - THEN paying yourself.

Holy Christ....

Just like any other conservatives who love to troll and demean others, it's how your brain works. I have a pretty good idea how you made your money just like anyone who has been around for more than 5 minutes. At least I still have my integrity intact and all of my bills are paid on time... that's all I really need. Congrats on your success...

congrats on being in the 7 figure club.

not many of us crack that. you should be applauded for such an achievement.

yes yes yes, twice divorced, multiple fatherless children, bad credit, most likely a bankruptcy. thats quite the integrity claim:1orglaugh

broke is broke, son.

go tell your landlord you want to pay rent next month with your integrity.:1orglaugh

dude, you rent in a ghetto. of course you don't know anyone who pays that much:1orglaugh

Nobody pays the full rate, EVERYONE has dedications that lower the rate on the type of income earned. Even if each bracket, each of us, every level has deductions, even if you make millions over, you still have unique dedications to lower the rate. It's not like school is free for doctors and that's a write off just like it is for us.

Yeah, I'm sure some pay out the ass, then again, some don't care at all and think it's a good thing, it's not all one sided that's for sure.

I like the idea of a national sales tax and cutting capital gains on money brought in to directly invest in new business being cut to basically zero.

I like nation-x and believe he's a good guy. I have no personal beefs. But this is priceless.


:thumbsup

Better than you living with your mom.

Yeah, I don't know anyone, only people like you know other successful people.

Anyway, I'll let you get back to pretending to be something.

http://www.washingtonpost.com/blogs/...d0iK_blog.html

When you add up all of the various taxes, and look at the effective tax rates, it is clear the tax system is already pretty progressive. Everyone pays some tax, even those who pay no federal income taxes, and the wealthiest pay a larger percentage share of taxes. Here?s the effective tax rate for all of the groups, according to the CBO:
Lowest quintile (23.4 million taxpayers), zero to $18,900: 4.3 percent
Second lowest quintile (22.4 million), $18,900-$32,100: 10.2 percent
Middle quintile (22.9 million), $32,100-$47,400: 14.2 percent
Fourth quintile (23 million), $47,400-$71,200: 17.6 percent
Highest quintile (23.6 million), above $71,200: 25.8 percent
Top 10 percent (12 million), minimum income of $98,100: 27.5 percent
Top 5 percent (5.9 million), minimum income of $134,400: 29 percent
Top 1 percent (1.1 million), minimum income of $332,300: 31.2 percent
-------------------------------------------------
think of all the money you could make advising 1.1 million people about your tax schemes.:1orglaugh

:1orglaugh

oh jesus, now i have heard it all...

you make over a million a year and this is all you can afford?

$445,000 .....

http://photos2.zillow.com/p_d/ISkj1wsj57jyxv.jpg



.

time to start preparing dinner for the bread winner?
you must have moved east.
:1orglaugh

See what I mean... it's part of how your thought process works... you don't know me.

I have one biological child who is 5 years old... no bankruptcies. I live in a 5 year old 4 br, 3 ba 2600 sq ft house in a fairly decent subdivision 5 miles from Lake Norman, NC. My car is less than a year old, my wife's is 3 years old and my step-daughters is 5 years old. I am paying loans on all three. Obviously, I am not rich... but I support my family and am sending my 20 yo step-daughter through community college.

I have alot of friends in all walks of life... from people who could buy and sell us both to people working low wage jobs. I don't demean any of them for their income level and they don't demean me. One of my friends even ran for Congress in 2010.

I know a lot of people just like you and they get more and more bitter the older they get... maybe one of these days you will learn to be less demeaning.

Again, you post this? Wow...

I really feel bad for your family knowing that they have to put up with such an uneducated prick day in and day out.

heh, swing and a miss sparky. thats not where I live.

still waiting for your so called proof. :1orglaugh

now go, cook dinner. you wouldn't want to get your meal ticket mad.

If she asked me to cook her dinner, I would do it in a heart beat, only a fucking ass hat thinks this is a bad thing.

Are you jealous or what of my wife or what? Damn man... It must kill you that she's far more successful in this Industry than you have ever been.

Thank you, it's all because of hard work and never, ever stopping (like going from 5 paysites to 30 in 2 1/2 years). But even if I made six figures - well, over 200k, say - that would still place me in the top whatever percent.

My problem is not necassarily with you but rather with the propogandist "media" we have in this country, who purposefully confuses numbers and figures, and tries to obfuscate anything logical, all for their own corporate interests. The "truth" is - and everyone should agree on this, I would hope - the "truth" is that the rich are getting richer and the poor are getting poorer, and the "middle class" is having to work 2x,3x,4x times as hard just to hang on.

Now some people think this is a good thing, the way it should be. But then again, some people prefer Kings and slavery to democratic freedom and equality (apparently). I do not. I am an AMERICAN and I do not believe in Kings.

Posted, page 2 and 3... proves the top 1% do not actually pay the top tax %'s... you've ignored it like 3 or 4 times, typical of you really.


If you were actually in this business you would probably know shows are going on.... but don't let the facts get in the way of your stupidity.

I posted CBO numbers the propaganda comes from the left on this subject.
America's problem is isn't the successful, its the unsuccessful.
Every single person in the top 10 richest Americans outside of the waltons is self made.
that speaks to the land of opportunity, not some evil rich aristocracy. thats just nonsense.
And I absolutely dispute the middle class working 2,3, and 4x harder to hand on.
working twice as hard got me here. being satisfied with a dead end job and then bitching about it is NOT working 2, 3, or 4x as hard.

because its your typical fantasy land lies. now run along.