Support The FairTax plan because it's about time left-wing extremists paid their fair share of taxes.
@H2O MAN,
AND By all means... blow your horns at noon...
Its raining like hell here in PA and the "teabaggers" are all wet and soggy, just like their braindead protest rallies.
@H2O MAN,
Maybe later on they will switch to beer and barbecue pork, don't really look like tea drinkers.
More Say Low-Income Americans Paying Fair Share of Taxes
Quote:Americans are still most likely to say that middle-income people pay their fair share of taxes, as they have in six of the last seven years. Now, 50% hold this view. Meanwhile, just 23% say upper-income taxpayers pay their fair share, while 60% say they pay too little.
This movement is sponsored by billionaires, who will really clean up with further tax cuts. The Reps, and 10 Dems, just cut the estate tax for the top 5,000 (est.) estates. Just shift the tax burden to the masses, who can tighten their belts, eat at soap kitchens, get their clothing at the Salvation Army, etc.
Taxing Matters
April 15th, 2009 - 9:22am ET
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Fox News is flogging Astroturf "tea parties" underwritten by corporate lobbyists, while its pundits warn that raising the top income tax rate to the level it was under Bill Clinton constitutes "socialism." The Wall Street Journal editorializes about the evils of the estate tax. Ari Fleischer, Daddy Bush's old flack, is trotted out to complain that "redistribution of income" through the tax code "is getting out of hand."
Really? Here's the grim reality. Since 1980, when the conservative era began, inequality has reached Gilded Age extremes"while top-end tax rates have been cut. The wealthiest few captured ever more of the nation's income while successfully lowering their tax rates.
And worse, this is still going on. This month, every Republican senator"joined bizarrely by 10 Democrats"pushed for yet another tax break for the super-rich"those with fortunes over $7 million. Apparently worried that the heirs of the Paris Hilton class might not be able to keep the yacht clubs humming, Republican senators voted in lockstep to direct the Congress to raise the full exemption of estates from $7 million to $10 million per couple, and drop the top rate from 45 percent to 35 percent. Over a decade when fully in effect, this represents a bauble worth about $90 billion to the 1 in 400 estates (one-fourth of one percent) that reach that level.
Fleischer would suggest this is a small, but inadequate step to curb the confiscatory redistribution of the tax code. But he's peddling bull.
In 1980, as "Gilded Age Taxation," a study by the Institute for America's Future shows, the richest 1 percent of Americans captured fully 7.7 percent of the nation's after-tax income. The middle 60 percent captured about 50.9 percent. By 2006, the latest Congressional Budget Office figures show the opulent 1 percent"making an average $1.3 million "captured a staggering 16.3 percent of the nation's income after all that tax-code redistribution, while the middle 60percent garnered only 44.1 percent. If class war is being waged, the rich are on the march.
The Institute for Policy Studies in a new report details the staggering contrast to the Eisenhower years. In 1955, the top 400 taxpayers averaged about $12.3 million in income (2006 dollars) and paid, after exploiting every loophole imaginable, 51.2 percent of that in federal income tax. A half century later, the richest 400 average a breath-taking $263.3 million in income each, and pay a mere 17.2 percent of that in federal income taxes"a lower tax rate than paid by most of their secretaries.
If those 400 taxpayers had paid at the same rate in 2006 as a half century earlier, the federal treasury would have collected $35.9 billion more in revenue, or enough to double the energy and transportation budget combined. No wonder Ike, clearly a stealth "socialist," could afford to build the interstate transport system.
So why do Republican senators en mass and 10 wayward Democrats"Max Baucus, Evan Bayh, Maria Cantwell, Mary Landrieu, Blanche Lincoln, Patty Murray, Bill Nelson, Ben Nelson and Jon Testor"think the wealthiest one-fourth of one percent of Americans need another tax break? They wax eloquent about saving family farms and small businesses. But upon sober review, The New York Times editorial board provided a tempered evaluation of the argument: "That is swill." Opponents of the estate tax haven't been able to dig up a family that was forced to liquidate its farm or business due to the tax because these folks simply do not exist.
The sad reality is that conservative dominance over the last decades has had profound effects. One of these is that income inequality grew to Gilded Age extremes, while top-end tax rates were slashed. Fleischer is right. We did witness a lot of redistribution. But it went from the middle class to the very top, not the other way around.
Incidentally the new tax break isn't a done deal. A conference committee will decide its fate in the next week or two. You might want to call or write Republican senators or the wayward Democratic 10 and tell them enough already.
--ourfuture.org
@Advocate,
Nothing but left wing extremist Bull **** propaganda!
It's interesting that you don't have any of that crap against The FairTax plan...
@H2O MAN,
I defy you to show one thing I pasted that is wrong. Moreover, guys like you are dupes for the lobbyists and billionaires who are sponsoring these events. You should be embarrassed.
The Fair Tax ain't fair, and will just shift more wealth from the lower classes to the wealthy. Bork is an idiot, much like Rush and Sean.
@Advocate,
Advocate wrote:
The Fair Tax ain't fair, and will just shift more wealth from the lower classes to the wealthy.
You have nothing to back up that bull **** claim, because it's a false claim.
Do your homework before you regurgitate internet propaganda and wiki quotes.
Hey, H2 OBoy, you red stater anti-tax loons pay less in taxes than you get back from the government. We blue stater liberals support you leeches, you've been a drain on us for years, and we're getting tired of you pissing andewhining. Pay your fair share or we're gonna stop subsidizing you.
http://www.arguewitheveryone.com/general-political-discussion/42159-states-receive-more-tax-money-than-they-pay.html
@H2O MAN,
H2O MAN wrote:...
Do your homework before you regurgitate internet propaganda and wiki quotes.
coming from you that is hi-larious.
Saw this posted.
Pictures from today's teabagging rally in DC -
Compare this to an
actual rally, the 2004 pro-choice rally in DC -
Pretty fair to say that you right-wingers are
Bush league
Cycloptichorn
@MontereyJack,
Hey, Mr. Meoff, you left wing extremist. Get a job and stop feeding off the taxpayers teet.
@revel,
The flat tax is BS!
We are talking about The FairTax plan.
Got one, thanks, H2 OBoy. Want me to hire you? Got any references who'd do anything other than laugh uproariously at the very thought of recommending you?
@MontereyJack,
That's a good one Mr. Me Off, but you can't afford me!
Hey, Oboy, rhere's a new water softener thread someone just started and you haven't answered. Why don't you go talk about something you actually, apparently, know something about, for a change?
Oboy, and you sure couldn't live on what you're worth paying.
@MontereyJack,
Hey Mr. Me Off, there is a tax protest thread right here, why don't you educate yourself and offer some wisdom?