Author Topic: I predict... (Read 666 times)

FUNKED1 · « **Reply #15 on:** July 30, 2004, 01:58:19 AM »

Data: http://jec.senate.gov/_files/TaxReport04142004.pdf

straffo · « **Reply #16 on:** July 30, 2004, 02:24:52 AM »

Funked my guess is there is more tax than only the income tax in the USA or I'm wrong ?

This don't show the whole picture IMO.

Goth · « **Reply #17 on:** July 30, 2004, 07:45:12 AM »

You're right Straffo....and to illustrate, let's talk sales tax.

The wealthy spend more, therefore it would be safe to conclude they are spending more on sales tax.

Property taxes. Wealthy have larger and more properties, again, more tax money.

I am what could be considered lower to mid middle class. The poor in this country get so many breaks it sometimes makes me sick. I'm out there earning a hard living and scraping, whereas my neighbor on welfare has just as nice, if not nicer place due to HUD housing, food stamps, income breaks. Talk about class struggle?

ra · « **Reply #18 on:** July 30, 2004, 07:50:14 AM »

Quote

I'm out there earning a hard living and scraping, whereas my neighbor on welfare has just as nice, if not nicer place due to HUD housing, food stamps, income breaks.

Sounds like the neighborhood I just moved out of. You could tell who the poor people were, they had the nicest cars.

1K0N · « **Reply #19 on:** July 30, 2004, 07:50:51 AM »

You just have to vote for Kerry because he knows how to spend your money better than you do, trust him!!

IKON

Gunslinger · « **Reply #20 on:** July 30, 2004, 08:12:32 AM »

Quote

Originally posted by TweetyBird
FYI, most taxes paid in the United State come from people earning less than $35,000 a year. This might be wrong - and I'll search this, but I remember the question from a tax accounting course I took. (?) Input?

Sorry bud but that aint even close to being a speck of truth. Most people who make under that amount and have kids pay ZERO dollars in fed income tax after end of year credits and adjustments.

Sandman · « **Reply #21 on:** July 30, 2004, 08:38:31 AM »

Quote

Originally posted by 1K0N
You just have to vote for Kerry because he knows how to spend your money better than you do, trust him!!

IKON

Glance at the Bush fiscal record. It's a moot point.

storch · « **Reply #22 on:** July 30, 2004, 10:01:17 AM »

Quote

Originally posted by Goth
You're right Straffo....and to illustrate, let's talk sales tax.

The wealthy spend more, therefore it would be safe to conclude they are spending more on sales tax.

Property taxes. Wealthy have larger and more properties, again, more tax money.

I am what could be considered lower to mid middle class. The poor in this country get so many breaks it sometimes makes me sick. I'm out there earning a hard living and scraping, whereas my neighbor on welfare has just as nice, if not nicer place due to HUD housing, food stamps, income breaks. Talk about class struggle?

That is exactly what motivated us to work hard, smart, live frugally, invest safely and rocket outta that vicious circle. It took us 17 years to accomplish. My Grand Parents and Parents are all well to do and the best thing they ever did for us (My siblings and myself) was teach by example and let us overcome our own limitations and plow through the obstacles. We are doing the same for our kids.

FUNKED1 · « **Reply #23 on:** July 30, 2004, 11:59:42 AM »

Quote

Originally posted by straffo
Funked my guess is there is more tax than only the income tax in the USA or I'm wrong ?

This don't show the whole picture IMO.

Actually that document references a CBO report that analyzes the effect of all federal taxes. The fact is that the US tax code is highly biased against people with higher incomes, and has been that way for a long time. This crap about "two Americas" and "tax cuts favoring the rich" is hogwash.

Hawklore · « **Reply #24 on:** July 30, 2004, 12:33:03 PM »

I belive is speech was very good, some issues were, DUH, issues, and others were very well put, some things I woulda liked answerd.

Like if is daughters are single and looking.

Now Edwards speech was the same, he repeated him self far too many times, and HELP IS ON THE WAY, gah still got that stuck in my had, I had one thing he needed to answer.

Is his daughter single and looking?

straffo · « **Reply #25 on:** July 30, 2004, 12:54:16 PM »

Quote

Originally posted by FUNKED1
Actually that document references a CBO report that analyzes the effect of all federal taxes. The fact is that the US tax code is highly biased against people with higher incomes, and has been that way for a long time. This crap about "two Americas" and "tax cuts favoring the rich" is hogwash.

Same here but as you know Swiss is pretty close to France.

Its incredible the number of rich French citizen who go in vacation in Swiss ... what's more incredible is they all come back with one less suitcase ... dunno why

TweetyBird · « **Reply #26 on:** July 30, 2004, 01:02:05 PM »

>>Sorry bud but that aint even close to being a speck of truth. Most people who make under that amount and have kids pay ZERO dollars in fed income tax after end of year credits and adjustments.<<

So when GMC pays it millions and millions of dollars in taxes every year, they just scoop it out of the profits right? I mean they don't pass it on to me right? When they pay their property taxes, again just scoop it out of the profits - they don't ask me to help right?
Who should I pass my taxes to?

I think the unsusual fact may have been about who was actually paying the taxes after following the money trail.

Eagler · « **Reply #27 on:** July 30, 2004, 01:09:39 PM »

Quote

Originally posted by Sandman
Glance at the Bush fiscal record. It's a moot point.

one party has spent it on the protection of the country while the other would spend it on prostitution of this countrys values and ideals to insure its re-election from the jerry springer gang

ra · « **Reply #28 on:** July 30, 2004, 01:11:30 PM »

shack

Author Topic: I predict... (Read 666 times)

storch