ican711nm
 
  -1  
Thu 30 Sep, 2010 12:13 pm
@parados,
YOUR source is here:
http://www.cbo.gov/doc.cfm?index=5746&type=0&sequence=1

YOUR SOURCE SAYS THAT FOR 2010:
Quote:
Share of Individual Income Tax Liabilities (POAI = Percent Of All Income; POAITP = Percent Of All Income Taxes Paid)
...
Top 1 Percent, POAI = 21, POAITP = 29.7
Top 5 Percent, POAI = 30, POAITP = 49.1
Top 10 Percent, POAI = 43, POAITP = 61.2

MY CALCULATIONS FROM MY SOURCES SAY THAT FOR 2010:
Top 1 Percent, POAI = 21, POAITP = 40
Top 5 Percent, POAI = 30, POAITP = 56
Top 10 Percent, POAI = 43, POAITP = 65

parados wrote:
do you think it's fair that PEOPLE that EARN 21% of total income pays 21% of total taxes? Why do you think so?

YES, I think it would be fair! I think every dollar of income should be taxed at a "UNIFORM" rate. I think that taxing dollars at different rates is not only illegal according to the Constitution of the USA, Article I, Section8, it's unfair because it violates the valid principle that:
Quote:

http://www.archives.gov/exhibits/charters/declaration_transcript.html
... all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness...


I want to preserve each and every human's individual liberty to secure their right to retain an equal percentage of the wealth they earn.
parados
 
  2  
Thu 30 Sep, 2010 12:30 pm
@ican711nm,
Quote:
MY CALCULATIONS FROM MY SOURCES SAY THAT FOR 2010:

But you haven't given us your source ican.

And if you calculated it then I am guessing you got the math wrong as usual.

Quote:

YES, I think it would be fair! I think every dollar of income should be taxed at a "UNIFORM" rate. I think that taxing dollars at different rates is not only illegal according to the Constitution of the USA, Article I, Section8, it's unfair because it violates the valid principle th
If it is fair then why should they get a tax cut?
mysteryman
 
  0  
Thu 30 Sep, 2010 12:33 pm
@Cycloptichorn,
Have you even looked at the prices that are mentioned as being on the "exchange"?
In many cases those prices are going to be higher then private insurance.
I know that here in Ky the prices for state subsidized insurance, for people that cant get it anywhere else, are much higher then comparable insurance thru private companies.

Also, do you have a link to anything put out by McD or HHS that deny's the report?
I have heard nothing about them denying it.
parados
 
  1  
Thu 30 Sep, 2010 12:38 pm
@mysteryman,
Quote:
I know that here in Ky the prices for state subsidized insurance, for people that cant get it anywhere else, are much higher then comparable insurance thru private companies.

The prices are lower where they can't get it? huh.. well why don't they just buy it where they can't if it would be cheaper there?
mysteryman
 
  1  
Thu 30 Sep, 2010 12:42 pm
@parados,
I can only speak for my case, not everyone else.
Since I had skin cancer a few years ago, which I am totally cured of now, the insurance companies wont insure me till I have gone 5 years cancer free.

So right now the only way for me to get medical insurance is thru the state, or my wifes job.
Fortunately, I get it thru her work, because Its less expensive to do that then to try and get it from the state.
But even the insurance thru her work wont cover some things till I have gone the 5 years.
parados
 
  2  
Thu 30 Sep, 2010 12:46 pm
@mysteryman,
Yes, MM..
And you are not the only one. There are millions of people that insurance companies won't totally cover. What's the point of a private system if it excludes the people that might need medical coverage?
Cycloptichorn
 
  1  
Thu 30 Sep, 2010 12:47 pm
@mysteryman,
mysteryman wrote:

Have you even looked at the prices that are mentioned as being on the "exchange"?
In many cases those prices are going to be higher then private insurance.
I know that here in Ky the prices for state subsidized insurance, for people that cant get it anywhere else, are much higher then comparable insurance thru private companies.

Also, do you have a link to anything put out by McD or HHS that deny's the report?
I have heard nothing about them denying it.


I dunno, you can get the insurance from Kaiser that is superior to the mcD's insurance for far less per week.

http://www.balloon-juice.com/2010/09/30/id-rather-have-a-plan-on-the-new-health-exchanges-than-mcdonalds-health-insurance-any-day-of-the-week/

Cycloptichorn
0 Replies
 
Cycloptichorn
 
  1  
Thu 30 Sep, 2010 12:48 pm
@mysteryman,
mysteryman wrote:

I can only speak for my case, not everyone else.
Since I had skin cancer a few years ago, which I am totally cured of now, the insurance companies wont insure me till I have gone 5 years cancer free.

So right now the only way for me to get medical insurance is thru the state, or my wifes job.
Fortunately, I get it thru her work, because Its less expensive to do that then to try and get it from the state.
But even the insurance thru her work wont cover some things till I have gone the 5 years.


you should be all for the Health Care reform package, because the insurers aren't going to be allowed to deny you based on your past cancer anymore.

Cycloptichorn
0 Replies
 
mysteryman
 
  1  
Thu 30 Sep, 2010 12:50 pm
Here is an interesting article, and 1 paragraph really stands out to me...

http://news.yahoo.com/s/ap/20100930/ap_on_bi_ge/us_departing_congress

The paragraph that jumps out at me is this one...

Quote:
House leaders also appeared unlikely to call a vote on a Senate-passed school nutrition bill favored by first lady Michelle Obama. The bill is opposed by liberals because it would cut food stamp benefits to find the money to pay for better school lunches. The Senate passed the $4.5 billion legislation in August, and many of the child nutrition programs it includes are to expire on Thursday, the last day of the fiscal year. They'll be temporarily extended under the stopgap bill


So school lunches are not as important as campaigning?
And apparently the liberals dont want kids to have better school lunches.

I tthought that was what they libs claim that conservatives think.
Apparently its the other way around.
parados
 
  1  
Thu 30 Sep, 2010 12:54 pm
@mysteryman,
Quote:
The bill is opposed by liberals because it would cut food stamp benefits to find the money to pay for better school lunches.

Did you forget your glasses today MM?

It hardly leads one to think they don't want better school lunches. It only leads me to think they don't want to cut food stamps to pay for it.
Cycloptichorn
 
  1  
Thu 30 Sep, 2010 12:54 pm
@mysteryman,
Quote:


So school lunches are not as important as campaigning?
And apparently the liberals dont want kids to have better school lunches.

I tthought that was what they libs claim that conservatives think.
Apparently its the other way around.


Did you read the article? They don't want to cut food stamps to pay for it. What's the point of helping kids at school if you are going to starve them at home? That's not really helping them at all.

Cycloptichorn

0 Replies
 
mysteryman
 
  0  
Thu 30 Sep, 2010 01:04 pm
@parados,
Then how do they want to pay for it?
Somethings gotta give.
We cant keep spending more and more on things without making cuts in other things.
Cycloptichorn
 
  2  
Thu 30 Sep, 2010 01:06 pm
@mysteryman,
mysteryman wrote:

Then how do they want to pay for it?
Somethings gotta give.
We cant keep spending more and more on things without making cuts in other things.


Oh please. Since when is this true? Since when do Conservatives give a **** how anything is paid for?

Let's cancel the war in Afghanistan, that will pay for this bill in a week. Or chop the DoD budget by 10 percent. You guys never ask how THAT stuff is going to be paid for...

Cycloptichorn
djjd62
 
  1  
Thu 30 Sep, 2010 01:08 pm
@Cycloptichorn,
sacrilege
0 Replies
 
ican711nm
 
  -1  
Thu 30 Sep, 2010 02:10 pm
@parados,
I'll go with your source's actual data assuming my sources and/or calculations are incorrect:

Share of Individual Income Tax Liabilities (POAI = Percent Of All Income; POAITP = Percent Of All Income Taxes Paid)

YOUR SOURCE SAYS THAT FOR 2010:
...
Top 1 Percent, POAI = 21, POAITP = 29.7
Top 5 Percent, POAI = 30, POAITP = 49.1
Top 10 Percent, POAI = 43, POAITP = 61.2

I think every dollar of income should be taxed at the same = equal = "uniform" rate. I think that taxing different dollars at different rates is not only illegal according to the Constitution of the USA, Article I, Section 8, it's unfair because it violates the valid principle from the Declaration of Independence that:

... all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness...

I want to secure each and every human's individual liberty to their right to retain an equal percentage of the wealth they earn.

parados
 
  1  
Thu 30 Sep, 2010 03:30 pm
@mysteryman,
Quote:
Then how do they want to pay for it?
Somethings gotta give.
We cant keep spending more and more on things without making cuts in other things.

You made an accusation that had nothing to do with how it was to be paid for,.
parados
 
  1  
Thu 30 Sep, 2010 03:32 pm
@ican711nm,
Quote:
I'll go with your source's actual data assuming my sources and/or calculations are incorrect:

And when are you going to provide that source?
ican711nm
 
  0  
Thu 30 Sep, 2010 04:08 pm
@parados,
Quote:

http://www.irs.gov/pub/irs-pdf/i1040tt.pdf
Schedule Y-1: Married filing jointly--DOLLARS TAXABLE INCOME
IF OVER BUT NOT OVER TAX IS PLUS TAX RATE OF AMOUNT OVER
$0 16,750 0.00 10% 0
16,750 68,000 1,675.00 15% 16,750
68,000 137,300 9,362.50 25% 68,000
137,300 209,250 26,687.50 28% 137,300
209,250 373,650 46,833.50 33% 209,250
373,650 99,999,999,999,999 101,085.50 35% 373,650

PER PERSON NUMBER PERSONS TOTAL
Standard Deduction $ 5,700 4 $ 22,800
Exemptions 3,650 4 14,600
Deduct' + Exemp's $ 37,400

GROSS INCOME 37,400 50,000 100,000
TAXABLE INCOME (0) 12,600 62,600
INCOME TAX (0.00) 1,260.00 8,552.49
% TAX ON GROSS 0% 3% 9%

GROSS INCOME 1,000,000 10,000,000 100,000,000
TAXABLE INCOME 962,600 9,962,600 99,962,600
INCOME TAX 307,218 3,457,218 34,957,218
% TAX ON GROSS 31% 35% 35%

GROSS INCOME 1,000,000,000 1,000,000,000,000 10,000,000,000,000
TAXABLE INCOME 999,962,600 999,999,962,600 9,999,999,962,600
INCOME TAX 349,957,218 349,999,957,218 3,499,999,957,218
% TAX ON GROSS 35% 35% 35%


Quote:

http://pubdb3.census.gov/macro/032008/hhinc/new06_000.htm
Income of Household All Races
Number in thousands $ Mean Income


Total 116,783 67,609
Under $2,500 2,420 337
$2,500 to $4,999 993 3,820
$5,000 to $7,499 1,868 6,375
$7,500 to $9,999 3,174 8,650
$10,000 to $12,499 3,565 11,225
$12,500 to $14,999 3,486 13,668
$15,000 to $17,499 3,753 16,057
$17,500 to $19,999 2,974 18,624
$20,000 to $22,499 3,731 20,979
$22,500 to $24,999 3,070 23,682
$25,000 to $27,499 3,728 26,009
$27,500 to $29,999 2,586 28,629
$30,000 to $32,499 3,797 30,902
$32,500 to $34,999 2,421 33,649
$35,000 to $37,499 3,384 36,002
$37,500 to $39,999 2,404 38,656
$40,000 to $42,499 3,548 40,936
$42,500 to $44,999 2,202 43,643
$45,000 to $47,499 2,906 45,968
$47,500 to $49,999 2,077 48,632
$50,000 to $52,499 3,256 50,892
$52,500 to $54,999 1,927 53,620
$55,000 to $57,499 2,595 56,007
$57,500 to $59,999 1,787 58,601
$60,000 to $62,499 2,789 60,897
$62,500 to $64,999 1,659 63,649
$65,000 to $67,499 2,112 65,943
$67,500 to $69,999 1,449 68,626
$70,000 to $72,499 2,189 71,004
$72,500 to $74,999 1,505 73,653
$75,000 to $77,499 1,998 75,964
$77,500 to $79,999 1,314 78,612
$80,000 to $82,499 1,872 80,934
$82,500 to $84,999 1,220 83,733
$85,000 to $87,499 1,573 85,985
$87,500 to $89,999 1,123 88,636
$90,000 to $92,499 1,566 90,968
$92,500 to $94,999 987 93,620
$95,000 to $97,499 1,216 96,043
$97,500 to $99,999 972 98,641
$100,000 to $149,999 14,214 119,534
$150,000 to $199,999 5,115 169,466
$200,000 to $249,999 2,012 219,617
$250,000 and above 2,245 418,063

parados
 
  2  
Thu 30 Sep, 2010 04:14 pm
@ican711nm,
Those were your sources?

How could you even calculate the top 1% from those sources? It would be impossible.

parados
 
  1  
Thu 30 Sep, 2010 04:18 pm
@ican711nm,
You are confusing gross income with adjusted gross income and with taxable income ican. How are we supposed to take anything you say about taxation seriously if you don't even understand the simple things.
0 Replies
 
 

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