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Obama Care Yet Again
- Thread starter Bob Maxey
- Start date
yes i do, but i also see intrinsic things such as people with money coming to the us for care (ie Saudi King Abdullah, Danny Williams premier of newfoundland, and others over the years)
not really, if your 10k is my 40k in buying power then why not 1/3 of each as a max
so they dont have the same or higher tax rate? or they have more deductions? there is nothing stopping you from taking the same deductions they do
Billionaires' guide to U.S. taxes shows Top 400 pay lower rates than you - Personal Finance - MiamiHerald.com 17%!!!! Like I said, they simply dont. I do however.
here The Tax Foundation - Summary of Latest Federal Individual Income Tax Data
top 1% rate 23%, share of taxes 38%
notice the rate for the various groups, they are paying a higher pervcentage
but this is just federal tax, add in state, local, property and it goes up
your 17% was from 07, these are 08 numbers, im looking for 09, 10
top 1% rate 23%, share of taxes 38%
notice the rate for the various groups, they are paying a higher pervcentage
but this is just federal tax, add in state, local, property and it goes up
your 17% was from 07, these are 08 numbers, im looking for 09, 10
ElasticNinja
Android Expert
the top 1% have more wealth than the bottom 95% in the US
They don't work 95 times harder
They don't work 95 times harder
Even at 23%, it is still lower then the rate I pay. Share of taxes, is less then their share of overall wealth. Again, my property and sales taxes are a larger portion of my pay, then theirs. I need to spend a higher portion of my check to survive. While they dont. They just keep getting richer and richer for a reason. And it isnt because they are being taxed to death. On the other hand, I am. And, people in my positon make up a far larger percentage of the population. People in my position employ a far larger percentage of America. Without people like me, Americas unemployement would be a lot higher. And when I say "people like me" I am referring to small bussiness owners. Add in my healcare costs, and it is closer to 60% of my income, gone. How can you justify the rates at wich the rich are taxed, when not even the rich do? Warren Buffet has outright said that his tax rates are lower than those that clean his house. Seriously, how can you justify that? Btw, the top 5%, 17% rate, in both sources.
ElasticNinja
Android Expert
As the wealthiest state in the world, its no wonder that the US has pioneering healthcare centers
Its a shame most can't benifit from them ever them ever
I do understand that you feel that rich people are more deserving of life than the ordinary peasant but at least look at the financial aspect
could you clarify this statement
What i mean is that if one government only provides state security, while the other provides a range of services, you should be paying way more tax on the latter government
im not justify their rate, im pointing out that they do pay a large percentage of the taxes already 10% of the people pay 70% of the taxes. ok their rates low, but their share is high.
what would you consider fair? 90% we had that, when it dropped revenue went up.
this is whats called class envy.
what would you consider fair? 90% we had that, when it dropped revenue went up.
this is whats called class envy.
not true, advances benifit everyone
i have, they take much more risk with their money via investments, i thank them often for having a job and paying their share so my taxes stay lower
you mentioned buying power, i just wanted to show a wide gap. assuming place a(i used you) has the same buying power with 10k, that it would take place b (i used me) 40k to buy
why would a same percentage tax rate not be equivalent?
the government is not a service industry
last year something like 20% of income was due to government payouts, way too high.
instead of just handint out cash, people need to be taught to help themselves, ditch welfare for workfare. you still get the same amount, but if you able you do simple gov jobs suchas cleaning
well bottom 50% bay 2.59%
25-50% pay 6.75%
10-25% pay 9.29%
see the trend? more income, higher taxes.
simple
my state tried to increase revenue by raising taxes
they estimated a simple 1% increase would bring in 150mill extra tax money
guess what, they made 250mill less.
seems people in that tax bracket moved someplace with lower rates
Of course they pay a higher percentage of overall taxes. They have all the money. Its a moot point from you really. I would call fair is EVERYBODY gets the same rate over the poverty line. Wich isnt the case now. Nice to know that you consider a 17% rate for the rich is fair though. Leave the 90% hyperbole to another person. Its a pretty big jump from 17%. Class envy? I do just fine. I am more concerned for the half of the country that cant afford to live anymore. I am more concerned with the millions of small bussiness's that have to make REALLY hard decisions on whether or not to offer health insurance, and maybe go bankrupt. Or telling their already struggling employees that they just cant afford to help them out anymore, and they need to pay more. The WORKING class is at a breaking point, the rich are living it up more and more.
see health care is not an entitlement
it all began in the 50's and 60's when things were booming
employers started offering benefits to entice people to stay with them, or come to them.
we have begun to believe its our right
back then health costs were lower, people carried minimal insurance and only used it for true emergencies.
now we believe it should be free.
doctors often have multiple price, if people went back to this mentality and actually paid out of pocket for physicals and routine visits and only used insurance for true emergencies then you would see insurance prices go back down
how many people do you know with insurance that go to the doc 3, 4, 5, 6 times a year or more? wasteful, and it will only get worse
it all began in the 50's and 60's when things were booming
employers started offering benefits to entice people to stay with them, or come to them.
we have begun to believe its our right
back then health costs were lower, people carried minimal insurance and only used it for true emergencies.
now we believe it should be free.
doctors often have multiple price, if people went back to this mentality and actually paid out of pocket for physicals and routine visits and only used insurance for true emergencies then you would see insurance prices go back down
how many people do you know with insurance that go to the doc 3, 4, 5, 6 times a year or more? wasteful, and it will only get worse
ElasticNinja
Android Expert
life is not a right?
whatever, Ive had it with this
whatever, Ive had it with this
vailpass
Well-Known Member
fify
OK, but let me add 1 last thing
the only people i know that are in favor of
1. obamacare or uhc
2. more gov spending
3. higher taxes (as long as its not their taxes)
are the ones in the bottom 50%
just a thought.
seems those paying anything already think they are paying enough
the only people i know that are in favor of
1. obamacare or uhc
2. more gov spending
3. higher taxes (as long as its not their taxes)
are the ones in the bottom 50%
just a thought.
seems those paying anything already think they are paying enough
vailpass
Well-Known Member
Really, because those under the poverty line already have state funded insurance. And even if that were so, dont you think, that those in the MAJORITY should be reprsented more than those in the MINORITY? I am not in the bottom 50%, yet I support it. Why? Because the current system costs ME far more. And again, I do allright, well above the poverty line.
the reason i dont support it is i see those people that work the system
(like the michigan lottery winner an extreme case) they make just enough to stay under an income, and file for assistance. they can work mre, but choose not too
having taught in a local community college i saw those that were getting paid to go to class, with the class paid for, and had no interest in it. all they had to do was attend, not even pass, to keep the money rolling in
no the more you give people, the more they want, it has to be stopped sooner or later
ElasticNinja
Android Expert
Makes sense to me
Like I said, "those people" already get it. It is ALREADY given to them. Why not give some relief to people like me? The people who employ a vast majority of America.