Originally posted by Thomas Paul:
You say you don't have an interest in the correct number. Yet you are willing to let politicians spin the numbers.
It seems to me that it was some guy named Paul Stevens who started this thread by spinning numbers!
Originally posted by Jeff Langr:
They aren't lockboxes, they're more like cookie jars that greedy politicians have raided numerous times. My cookie jars have the words "insolvency forthcoming" on them.
I disagree that there should be no cap on social security. In the words of the president who resided over a 12-year, horrible depression (imagine how that would be received today), "...we have tried to frame a law which will give some measure of protection to the average citizen and to his family against the loss of a job and against poverty-ridden old age."
Anyone earning over the current cap ($87,000) shouldn't need this additional "protection." Why make sensible people, who can get far better returns by making their own investments, sink more money down a rathole?
-j-
Originally posted by Thomas Paul:
If you mean by "poor" those earning no income at all then you are right. Everyone else pays some federal taxes.
Originally posted by Thomas Paul:
I just wish the federal government wouldn't take so much tax money from NY and send it to all the other states.
I think we may have a lot more common ground than you think.
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Originally posted by Paul Stevens:
Wouldn't removing the cap make it a flat tax? I thought you where for a flatter tax. Wouldn't removing the cap allow for a change in the structure of the program? Like actually making it an account with the left over passed on to "your" future generation.
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GRANDPA SIMPSON: People these days, always wantin' somethin' for nothin'. (walks into Social Security office. To the clerk: ) I'm old, gimme, gimme, gimme!
GRANDPA SIMPSON: People these days, always wantin' somethin' for nothin'. (walks into pharmacy. To the clerk: ) I'm old, gimme, gimme, gimme!
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Originally posted by Jeff Langr:
Anti-war, anti-Bush, pro-Passion, pro-Jesus, anti-XP, pro-progressive tax.
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All forms of government are a form of force but other than living in the jungle by yourself what do you suggest?Originally posted by Jeff Langr:
Me, I believe in respect for others, no use of force, minimal waste, and capitalism. The income tax is a use of force.
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Herb, unless you are going to actually read my posts then I am not going to respond to you. The poor still pay SSN and Medicare which the EIC is supposed to reduce BUT DOES NOT ELIMINATE. Yes, it is true that most of the poor do not pay INCOME TAX, BUT INCOME TAX IS ONLY ONE TAX THAT THE FEDERAL GOVERNMENT CHARGES. If a poor person buys food, how much of the cost of that food comes from federal taxes on the fuel that brought it to the store? On the corporate taxes paid by the manufacturer? By the price guarantees given to the farmers?Originally posted by herb slocomb:
"A newly released Internal Revenue Service study of returns filed for the year 2000 shows that 25.2 percent of the 1040s, 1040A's, and 1040EZ's�after deductions and other benefits�ended up with no tax liability. That was up from 18.5 percent in 1986. And because of the earned income tax credit, some 16.1 million of those people who paid no tax nevertheless got a "refund" from the IRS as a federal supplement to their low wages."
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Actually, I misread you. We have virtaully no common ground. The America you want to live in would have lost World War II.Originally posted by Jeff Langr:
Ditto, but perhaps not a lot more.
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Originally posted by Thomas Paul:
Actually, I misread you. We have virtaully no common ground. The America you want to live in would have lost World War II.
Originally posted by Thomas Paul:
Herb, unless you are going to actually read my posts then I am not going to respond to you. The poor still pay SSN and Medicare which the EIC is supposed to reduce BUT DOES NOT ELIMINATE. Yes, it is true that most of the poor do not pay INCOME TAX, BUT INCOME TAX IS ONLY ONE TAX THAT THE FEDERAL GOVERNMENT CHARGES. If a poor person buys food, how much of the cost of that food comes from federal taxes on the fuel that brought it to the store? On the corporate taxes paid by the manufacturer? By the price guarantees given to the farmers?
Originally posted by herb slocomb:
A discussion on the federal taxes on fuel seems to unneccesarily obfuscate the prime issue of this thread. Let's fix the federal income tax system first, then we go after the less significant taxes....
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Originally posted by Thomas Paul:
Guess which tax hurts a person making minumum wage... (1) federal income tax (2) federal excise tax on petroleum. No fair looking it up.
So your plan is to "fix" the taxes that hurt the rich but do nothing about the taxes that hurt the poor? Good plan if you are rich.
And the prime issue of this thread was federal taxes, not federal income taxes.
Originally posted by Eugene Kononov:
Herb: Let's fix the federal income tax system first, then we go after the less significant taxes...
The country is not ready yet to go back to 3% income tax, Herb. We will hit the rock bottom of 75% tax on middle class and 95% tax on the rich before a libertarian gets elected in the high office.
Originally posted by Thomas Paul:
In fact Paul's chart shows something very interesting. The top 1% pay 36% of all federal income tax while they only pay 23% of all federal taxes. The bottom 80% pay 17% of federal income tax but 31% of of all federal taxes. That tells me that the people on the bottom are getting hit hard by other federal taxes.
I presume Grandpa Simpson was probably the non-contributing slug that Homer is.
There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
Originally posted by fred rosenberger:
ok, i don't really need an answer... i'm just trying to lighten things up a little...
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Originally posted by Thomas Paul:
Actually, I misread you. We have virtaully no common ground. The America you want to live in would have lost World War II.
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Originally posted by Paul Stevens:
I seem to be somewhere between you an Jeff. I believe there is alot of extra constitutional stuff but some should stay. The interstate highway system being one.
In fact Jeff that is one of the fairer methods. It is mostly maintained by gas taxes. There is still too much waste in it but the system itself isn't the problem. The government does take the interstate commerce too far though.
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Originally posted by Paul Stevens:
Here is an article that Herb and Jeff will find interesting.
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Originally posted by Thomas Paul:
All forms of government are a form of force but other than living in the jungle by yourself what do you suggest?
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That last sentence didn't make any sense to me at all. Are you saying that taxing a wealthy person involves using more force than taxing somone in the middle class? But I also don't know how you can use the word "arbitrary". Force is not used in an arbitrary manner. It is used based on the democratic government that we have formed to do the jobs that we have decided the government should do. I think the problem is that you believe we live in a dictatorship. If you don't like things then get involved. Run for office. Go out and support your candidates.Originally posted by Jeff Langr:
You, on the other hand, suggest that it's ok to arbitrarily use force against someone. Your rationale is that you can apply more force to people because they are capable of withstanding it (progressive taxation).
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Originally posted by Paul Stevens:
I don't think that is what it shows at all. Most everyone who works pays SSN and Medicare taxes. What is actually shows is that very little of the bottom 80% of wage earners pay federal income tax. Most everyone pays SSN and Medicare.
Originally posted by Thomas Paul:
That last sentence didn't make any sense to me at all. Are you saying that taxing a wealthy person involves using more force than taxing somone in the middle class? But I also don't know how you can use the word "arbitrary". Force is not used in an arbitrary manner. It is used based on the democratic government that we have formed to do the jobs that we have decided the government should do. I think the problem is that you believe we live in a dictatorship. If you don't like things then get involved. Run for office. Go out and support your candidates.
Books: Pragmatic Unit Testing in Java, Agile Java, Modern C++ Programming with TDD, Essential Java Style, Agile in a Flash. Contributor, Clean Code.
Originally posted by Thomas Paul:
Two problems. Many wealthy people have no wages and therefore don't pay social security or medicare. And you can't look at just income tax. People pay every tax so only the seond column is relevant. I think it is quite significant that 17% of the income pays only 23% of federal taxes. When you consider that the people at the lowest end can not afford to pay any tax it seem to me that the tax burden is being heavily shifted to the people who can least afford to pay it. It appears to me from that chart that the wealthy have nothing to complain about.
Originally posted by Jeff Langr:
You haven't supported the argument that the states are incapable of managing the interstate highway system.
Originally posted by Warren Dew:
When states manage the highway system, they'll do it for the benefit of their own citizens, rather than for the benefit of all the people who use the highways. This doesn't work well for what's supposed to be an interstate, rather than an intrastate, highway system.
And I see from other posts that people are now worried about taxing the "wealthy" ... since wealth does not imply income, it seems that income taxes won't help on that issue. What were you saying about property taxes hitting the "poor" more?
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Originally posted by Jeff Langr:
But any percentage of your income is painful when you're at the poverty level.
No system will ever be construed as completely fair. The best thing to do is to concentrate on why we have to take so much of everyone's hard earned income in the first place. It's not necessary, and it's greedy.
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Alternate 5.85% Tax Rate:
The Massachusetts Department of Revenue offers a voluntary tax rate on 5.3% income. The voluntary rate is 5.85%.
Do you wish to pay this higher rate of tax?
(Note: the new tax rate is strictly voluntary and will increase your tax. Most people answer "No" here.)
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The people in the lower income brackets pay a very significant part of their income in taxes. They just don't pay federal INCOME tax. And does anyone really think that the politicians are not responsive to the wealthy? Jeff's post is so far from any reality that I can recognize that I have no idea where to begin with him.Originally posted by Jeff Langr:
All very good points Warren. Those at the low end of the scale pay little or nothing in taxes; they have become the oppressive majority that demands more from the rest of us. And you're absolutely right about not having enough representation.
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There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
Originally posted by Thomas Paul:
The people in the lower income brackets pay a very significant part of their income in taxes. They just don't pay federal INCOME tax. And does anyone really think that the politicians are not responsive to the wealthy? Jeff's post is so far from any reality that I can recognize that I have no idea where to begin with him.
Books: Pragmatic Unit Testing in Java, Agile Java, Modern C++ Programming with TDD, Essential Java Style, Agile in a Flash. Contributor, Clean Code.
Originally posted by Thomas Paul:
In many cases, a democracy is just as bad as a dictatorship. The majority of the people are good at making arbitrary decisions about how to apply force to the minority. It's easier to overthrow an oppressive dictatorship than an oppressive majority.
How true. Look how easy it was to overthrow Hitler and Mussolini.
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