clancys_daddy says:

Flat 15% income tax for all rich poor middle, have a nice day.

Awake says:

From Slate magazine today:

Between 2001 and 2009, corporate America designed the playing field to its specifications—easy money from the Federal Reserve; lower taxes on capital gains, dividends, and income; an administration that let industry essentially write its own regulations. But the players proceeded to put up goose eggs. In January 2001, there were 111.6 million private-sector payroll jobs in the United States. In January 2009, when Bush left office, there were 110.9 million. The stock market is basically where it was a decade ago. The lost decade ended with the deepest recession since the Great Depression.

http://slate.com/id/2260634/

It also clearly states that the current administration is also ‘working’ with big business, with the same dismal results.

Bob says:

I am glad all the democrats on this board work for poor people. I mean its great that the “rich” do not employ people and will not ever think about maintaining their standard of living at the expense of unnecessary employees. Or moreover that “rich” will go ahead and expand anyway despite Obamasiah’s ever increasing tax burden on them, not to mention the increasing federal regulation that democrats think is a great idea.

I wish I had some of what the democrats on this board are smoking.

Armando Barreiro says:

When Bubba said “…sorry, but I have to raise your taxes…”, that’s when I closed my small business and I have yet to re-open it.

I’m not rich, you probably eran more in one year’s worth of salary than what I have, but I’ll not support any type of social progeram with my tax dollars, and I will bet you that I donate more than you do to charities when you factor in the %%%%!

Socialism is s***!, that is why Europe had to become the EU, yet, even after the the RE crisis caused by the Carter/Clinton/B.Frank/Chris Dodd’s lending ultimatums to the banks, the dollar stands above the Euro. Take that, put in your pipe and smoke it.

raster says:

#27

Hate to burst your delusional bubble (must be nice in there!) but nearly every wage-earner pays income tax.

Since taxes are now deducted automatically out of your pay the fact that you don’t have to pay more at ‘tax time’ doesn’t mean you didn’t pay taxes.

Awake says:

#27 RSweeney:

To quote Leona Helmsley: “We don’t pay taxes. Only the little people pay taxes.”

—————

RSweeney, maybe half the people in the country don’t pay taxes because they are too poor to pay taxes?

As of 2007, 20% of the US population had 84.6% of the total net worth.

As to “financial” strength, the top 20% of the population controlled 93% of the money.

In other words, only 7% of the money is controlled by a full 80% of the population.

Regarding the rich, the top 1% own 34.6% of the wealth.

http://sociology.ucsc.edu/whorulesamerica/power/wealth.html

———

Again, maybe half the population in the USA pays no taxes because they have NO money. The average Hispanic family had a 2007 net worth of $400, the average black family had a net worth of $500.

By the above figures, about 50% of the population controls maybe 6% of the the total money.

Give tax breaks to the top 20%, and you have NOBODY left paying taxes except the true middle class.

———–

Real figures can be embarrassing, can’t they? You probably feel like you just had a pie shoved in your face, don’t you.

bobbo, the evangelical anti-theist says:

IdiotThomas–”You Know” as a weak tether to reality, whenever you start a sentence with “If” you should really check the end of that sentence. Yes, and you know “IF” frogs didn’t die and decompose, frogs would cover the earth 2 miles thick. And “IF” politicians weren’t corrupt, we’d be living in the land of milk and honey. But there is a reason there is an “IF” qualifying such statements: they precede idiotic assumptions relevant to nothing else in particular.

Then you go on to muse: “I’m curious why the liberals here don’t want to simply set the tax rate for the rich at 100%?” //// And the answer would arise from the same reason there is any tax at all: society would not function at that rate of taxation.

Gee Thomas, what would happen “IF” you were rational? Why, your posts would change dramatically. Yes, I know, not relevant to anything particular, such ifs.

Mextli says:

#27

95% of all income tax is paid by only he top 3% of income earners, and the lower 40% pay no tax, with a very large percent of them actually getting money back in the form of EIC credit and such.

JimD says:

“GOP” GREEDY OBESE PIGS – the Party of the Rich !!! Any you know what ? They WANT EVEN MORE TAX CUTS FOR THE RICH !!! There is no end to their GREED !!!