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Post by DAS (formerly BushAdmirer) on Feb 16, 2011 16:55:48 GMT
Federal Personal Income tax paid by: Top 1% of wage earners (388,806 and up) - 39.89% Top 5% of wage earners (153,542) – 60.14% Top 10% of wage earners (108,904) – 70.79% Top 25% of wage earners (64,702) – 86.27% Top 50% of wage earners (31,987) – 97.01% Bottom 50% of wage earners (< 31,987) – 2.99% Bottom 47% of wage earners paid NOTHING. NOTHING! Who’s paying taxes? Who deserves the (extended) tax cuts? What are the rich getting away with? Of the nearly 112 million private sector jobs in America, how many do you think were created by the bottom 50 percenters of taxpayers? Burn these numbers into your mind the next time you are in a tax debate. Source: The IRS for tax year 2006 bit.ly/ddXDiE
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Post by iamjumbo on Feb 16, 2011 22:23:20 GMT
Federal Personal Income tax paid by: Top 1% of wage earners (388,806 and up) - 39.89% Top 5% of wage earners (153,542) – 60.14% Top 10% of wage earners (108,904) – 70.79% Top 25% of wage earners (64,702) – 86.27% Top 50% of wage earners (31,987) – 97.01% Bottom 50% of wage earners (< 31,987) – 2.99% Bottom 47% of wage earners paid NOTHING. NOTHING! Who’s paying taxes? Who deserves the (extended) tax cuts? What are the rich getting away with? Of the nearly 112 million private sector jobs in America, how many do you think were created by the bottom 50 percenters of taxpayers? Burn these numbers into your mind the next time you are in a tax debate. Source: The IRS for tax year 2006 bit.ly/ddXDiEno my boy, grapes are NOT watermelons. personal income tax has absolutely NOTHING, nada, zip, zilch, to do with jobs. the answer to your question is exactly, ZERO. businesses create jobs lad, not individuals, especially those you want. they are much too busy stuffing their pockets with the loot
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Post by DAS (formerly BushAdmirer) on Feb 17, 2011 3:12:08 GMT
Businesses do create jobs Jumbo. But our businesses are handicapped with the world's highest corporate income tax of 35%. That's why so many of the jobs they create are overseas. If they make a profit in the USA, Obama's henchmen will rip them off.
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Post by iamjumbo on Feb 17, 2011 13:36:17 GMT
Businesses do create jobs Jumbo. But our businesses are handicapped with the world's highest corporate income tax of 35%. That's why so many of the jobs they create are overseas. If they make a profit in the USA, Obama's henchmen will rip them off. obviously, every business that does that should have a hundred percent tax. nonetheless, there is NO corporation that pays anywhere close to 35%. most pay absolutely NO income tax to start with. there were over a hundred corporations just in 2008 that didn't pay a penny in income taxes. obviously, corporations SHOULD pay the majority of taxes, and all loopholes need to be closed.
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Post by DAS (formerly BushAdmirer) on Feb 18, 2011 1:07:14 GMT
Businesses do create jobs Jumbo. But our businesses are handicapped with the world's highest corporate income tax of 35%. That's why so many of the jobs they create are overseas. If they make a profit in the USA, Obama's henchmen will rip them off. obviously, every business that does that should have a hundred percent tax. nonetheless, there is NO corporation that pays anywhere close to 35%. most pay absolutely NO income tax to start with. there were over a hundred corporations just in 2008 that didn't pay a penny in income taxes. obviously, corporations SHOULD pay the majority of taxes, and all loopholes need to be closed. Jumbo - you really are a 'free ride Democrat' aren't you. All in favor of income redistribution by government from those who've earned it to those who didn't earn it (but vote for the Democrats).
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Post by iamjumbo on Feb 18, 2011 13:23:30 GMT
obviously, every business that does that should have a hundred percent tax. nonetheless, there is NO corporation that pays anywhere close to 35%. most pay absolutely NO income tax to start with. there were over a hundred corporations just in 2008 that didn't pay a penny in income taxes. obviously, corporations SHOULD pay the majority of taxes, and all loopholes need to be closed. Jumbo - you really are a 'free ride Democrat' aren't you. All in favor of income redistribution by government from those who've earned it to those who didn't earn it (but vote for the Democrats). your "income redistribution" trip is a catchy phrase, but of course, totally meaningless since such a thing does not exist, is any way, shape, or form. good try though. in the first place, the majority of those in your top bracket did NOT earn the money to start with. that's beside the point though. ALL rational people know that it is only fair for anyone who makes five million bucks a year to pay at least half of it in taxes, while those who make less than fifty thousand a year should pay none at all. i have explained to you before, that keeping even just ten percent of five million is more than 100% of fifty thousand. obviously, the graduated income tax is as close to fair as you can get
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♫anna♫
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Post by ♫anna♫ on Feb 18, 2011 14:04:57 GMT
Jumbo! Aren't you afraid that taxing corporations, industry and the wealthy will just cause this "upper crust" to move to other countries where they can produce their products at a lower price and keep more profit?
Germany's "Mercedes" is only building new factories in China and South Africa. No labor unions, lower wages, lower taxes, etc..
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Post by Big Lin on Feb 18, 2011 16:50:46 GMT
Jumbo! Aren't you afraid that taxing corporations, industry and the wealthy will just cause this "upper crust" to move to other countries where they can produce their products at a lower price and keep more profit?
Germany's "Mercedes" is only building new factories in China and South Africa. No labor unions, lower wages, lower taxes, etc.. The question is I suppose whether or not we in the West want our workers to be exploited and live in poverty or whether we want them to have a decent living instead.
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Post by beez0811 on Feb 19, 2011 0:05:56 GMT
Jumbo! Aren't you afraid that taxing corporations, industry and the wealthy will just cause this "upper crust" to move to other countries where they can produce their products at a lower price and keep more profit?
Germany's "Mercedes" is only building new factories in China and South Africa. No labor unions, lower wages, lower taxes, etc.. The question is I suppose whether or not we in the West want our workers to be exploited and live in poverty or whether we want them to have a decent living instead. The big wigs can afford to decently pay workers here in the west. They choose not to so that way they can make more money. They need to be encouraged to bring more jobs back home. If there are no jobs, there is no one getting paid. If no one is getting paid, there won't be many people buying vehicles or even little things.
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Post by DAS (formerly BushAdmirer) on Feb 19, 2011 3:01:25 GMT
America used to have the strongest merchant shipping industry in the world. Now they're barely noticeable along side the giants of merchant marine shipping (eg: Liberia, Panama, Greece, etc.).
Q. So what happened to America's shipping industry.
A. It was killed off by a combination of government regulations and militant labor unions. It simply cost too much to fly the American flag on your ships. The same corporations own the ships but they fly foreign flags from tax haven countries.
The US Coast Guard cranked up safety regulations to the point that it cost twice as much to build a ship in the USA. Bye bye American shipbuilding industry.
The militant U.S. labor unions made it impossible for American owned ships with American crews to compete internationally.
Solution: Move your business offshore. Hire foreign crews. Problem solved.
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Post by iamjumbo on Feb 19, 2011 14:51:00 GMT
Jumbo! Aren't you afraid that taxing corporations, industry and the wealthy will just cause this "upper crust" to move to other countries where they can produce their products at a lower price and keep more profit?
Germany's "Mercedes" is only building new factories in China and South Africa. No labor unions, lower wages, lower taxes, etc.. not if things were done right. there should be a hundred percent tariff on any goods made by an american corporation outside of the u.s. take your mercedes for example, in germany. the proper thing for the government to do is to levy a tariff on every mercedes produced in south africa, which they try to sell in germany. say it costs them ten thousand dollars to build the car in germany, and they sell it for thirty thousand. they produce it in south africa for five thousand, being greedy trying to grab an extra five grand in profit. the government would make them pay thirty thousand for each one sold, forcing them to sell them for sixty thousand to keep the same profit as when the cars were made in germany. no one would pay that much for them, and they would either produce the cars in germany where they should, or cease to exist. it's a win win all the way around that's what should be done in the u.s. with every american corporation that produces anything overseas to exploit the workers for profit
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Post by iamjumbo on Feb 19, 2011 14:56:36 GMT
America used to have the strongest merchant shipping industry in the world. Now they're barely noticeable along side the giants of merchant marine shipping (eg: Liberia, Panama, Greece, etc.). Q. So what happened to America's shipping industry. A. It was killed off by a combination of government regulations and militant labor unions. It simply cost too much to fly the American flag on your ships. The same corporations own the ships but they fly foreign flags from tax haven countries. The US Coast Guard cranked up safety regulations to the point that it cost twice as much to build a ship in the USA. Bye bye American shipbuilding industry. The militant U.S. labor unions made it impossible for American owned ships with American crews to compete internationally. Solution: Move your business offshore. Hire foreign crews. Problem solved. as always, you have everything bass ackwards lad. the reality is that it is the demise of many of the big labor unions that has caused the problem. EVERY rational person knows that every business can operate without mangagement, but no business can operate without labor,. strong unions are what built america into the powerhouse that it was. you can chart the downfall of the country quite easily, since it is in direct correlation to the waning power of the unions just simple reality my boy
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Post by DAS (formerly BushAdmirer) on Feb 20, 2011 0:13:21 GMT
NO NO NO Jumbo. You're the one that has it backwards. Labor unions had a proper role in 1910. But in 2011 they're entirely obsolete and should be completely eliminated.
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Post by iamjumbo on Feb 20, 2011 15:23:22 GMT
NO NO NO Jumbo. You're the one that has it backwards. Labor unions had a proper role in 1910. But in 2011 they're entirely obsolete and should be completely eliminated. wrong again lad. unions are more necessary now than they were thirty or forty years ago. obviously, the irrefutable FACT is that the working people are a million times more important than management, and it is the unions who keep management at least somewhat in line. a corporation's responsibility is to the consumer and employees first, always. end of story
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Post by DAS (formerly BushAdmirer) on Feb 21, 2011 1:51:38 GMT
No Jumbo. The working people are now in Shanghai and Mumbai. They used to be in America. The reasons they've relocated are primarily USA labor unions and corporate taxes.
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Post by iamjumbo on Feb 21, 2011 22:07:51 GMT
No Jumbo. The working people are now in Shanghai and Mumbai. They used to be in America. The reasons they've relocated are primarily USA labor unions and corporate taxes. wrong again. the reason that they are there is because the government did not perform its responsibility of properly controlling corporations, and allowed them to use slave labor overseas. i've already told you that NO american corporation has a right to produce anything overseas. EVERY corporation's responsibility is to provide jobs for americans, not chinese or indians. the government abrogated its responsibility to force corporations to fulfill theirs just simple reality lad.
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Post by DAS (formerly BushAdmirer) on Feb 22, 2011 1:56:52 GMT
Jumbo - I wouldn't want to live in a country with a government that was as dictatorial as you seem to prefer. You should move to Venezuela. You seem to be on the same wavelength with Hugo Chavez.
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