I got it now...the middle class is going because the USA hasn't turned totally socialistic/communistic. Not yet, anyway...;)

tabs will set you straight

When you call me that, smile. :D

Best,

Kurt

no fools it is because joe lunchbucket is the one paying for the government
and the CEO types are getting a free ride with untaxed/UNDER TAXED wealth

socialistic/communistic governments OWN the factories and other biz
socialistic/communistic is not about fair regulation and taxes
thats just more neo-conned BIG LIES

I fail to see why unearned long term income should be under taxed
or why CORP perks like free travel, limo's, skyboxes, should be untaxed
and when is the budget going to be balanced????????????

btw it is not about what bill gates does with his wealth
but about billionairs getting out of paying tax on most of their wealth
while joe lunchbucket pays on every buck he earns

Looking forward to seeing your documentation on this.

Let's say you bought an obsolete Ferrari sports racing car in the late 60s for $5000. You put it in the garage and wax it every weekend. Forty years later, your car is fashionable to the collectors and it is valued at $6 million. You have no intention of selling it, but it is now worth a lot of money.

How big is the check you think you should send to the government because of your good fortune?

Perhaps there should be a government entity to assess the value of that car each year, then extract taxes based on any appreciation?

:D

Best,

Kurt

The answer to this is simple and has already been posted in the thread.

Yes, the "rich" earn 21% of the income in the US. They also pay 35% of the taxes that makes the country run.

Care to guess which income bracket USES most of the government handout programs?

Come on, we already have wealth redistribution in this county, what more do you want? Off (his rocker) ramp is still pissed. He wants MORE redistribution...great, then everyone can make $35k a year and we all can pay 28% in taxes. Hey, at least it will be FAIR.

:rolleyes:

Then we'll all have to drink vodka and wear funny fur hats. No doubt OR already has his picked out.

the original income tax plan was the top 3% pay 100% of the income tax
it was NOT to be a middle class tax only a tax on the rich

unindexed tax rates and inflation changed that
so the 2/3 of the tax that workers pay is not the original intent of the law

under current law the gain is tax at death
BuSh2 wants to change that law
and then 99% of bill gates billions will never be taxed

but I donot care about collectable stuff values vs real wealth
like eazy to track stock bond or real property values

and never claimed a real plan to tax that gain anyway
just trying to stop the BIG LIES [rich are over taxed]
by showing the real numbers ie 0.25 % tax on total wealth gain for BG
vs a worker paying 25%
as net worth at end of the year is the real thing for wealth gain
not what class of taxable income or type of tax paid

We understand how to spell "Einstein"...

really ? (blink blink).

you're sharp today

Its just what I've been saying for years. The "Rich" carry the country in terms of taxes. The average joe doesn't even pay enough taxes to put his own 2.1 kids throught elementary and high school. A typical liberal reaction like this from on-ramp is to point and say "Hey, he has more than me, not fair".

"From those to whom much is given, much is expected."

Whether this is right or wrong, who knows? However, a number of revolutions have been fought because of the perceived inequities of wealth distribution. The question becomes whether the "higher taxes paid" by the rich put off such a possibility here.

Also, the discussion should include "absolute" wealth vesus "relative" wealth. I, for one, being retired and not having a six figure income, feel relatively wealthy because I can pay my bills and have some left over to buy a few nicities and even help some friends throught rough times. If someone handed me a million dollars, I can honestly say there is little of it I would want for myself. Help the kids and set up trust funds (with some caveats) for the grandkid's education.

To me, the joy of sharing far outweighs the joy of accumulation.

Me, too...but working for it is always better. The best thing my parents shared with me was their minds, and their work ethic.

An interesting kernel:

http://www.bls.gov/web/lauhsthl.htm

Wow.

The data showed that the fortunes of the bottom 50 percent of Americans are worsening, with that group earning 12.8 percent of all income in 2005, down from 13.4 percent the year before, the paper said.

From the Yahoo article. It implies that the bottom 50 of Americans are worsening. But that may not be true. Just because the top has more money, doesn't mean the bottom has less. If a 20 y/o sells facebook.com for a billion or two doesn't mean the money came from someone else's pocket, especially from someone in the bottom 50%. Besides, the bottom 50% don't pay income taxes anyway, so what do they have to complain about. I pay more taxes than the average family of four even earns. I should be the one *****ing, not them.

looks to me like his unions screwed him and trickle down does work, I saw a lot of dollars being spent over the weekend at a Club Race show that. If you are too stupid to understand that when someone buys and maintains high dollar things like cars & boats, the money they spend is going to the people who sell & maintain them, the cost of running & storing them, well, we know why you will never earn enough to worry so you will keep crying about those who do have:mad:
That is what happens when people listen to dems!!! Instreead of working to improve themselves, they whine about those who have:rolleyes:

Byon, are you familiar with a publication called "The Onion?"

:)