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theFrankFactor Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-27-10 11:18 PM
Original message
Taxed Enough Already - The Bastion of the Deceived and Duped
Edited on Sat Feb-27-10 11:49 PM by theFrankFactor
The tea party is about taxes -TAXED ENOUGH ALREADY-. It is the first place both parties go to buy votes-the bribe of lower taxes. We pay taxes. My wife and I pay them gladly, but of course with compromised morals because we don't agree with the way much of it is spent but this is the price to live in a Democracy. I truly believe that most people have no idea what they pay as a percentage of their income-they just BITCH, especially the loudest cry babies. Do these dinks know what the highest marginal tax rate is? They like the idea of keeping more of their well deserved pay for themselves and they want to know where the money for health care is coming from right, but what do they know about taxes?

The 2009 tax rates begin at ten percent and run to thirty-five percent AT THE TOP. Who is in the thirty-five percent bracket? Earners of over $372,000.00 annually. Anyone here in that bracket (rhetorical)? The U.S. census breaks at "$200,000.00 dollars or more, so what percentage of Americans are even in that bracket? Any guesses? How many families are struggling under that oppressive yoke of Socialism-eeeking their way through this morass of lazy welfare kings and queens with a mere $3,400.00 a week before taxes? Four point two percent! Four point two percent of Americans shoulder that horrific burden (sarcasm).

Nineteen percent of Americans earn $50,000.00 to $75,000.00 a year. What is their oppressive socialist yoke of burden? Twenty-five percent.(cue commie music!) Roughly thirty-five percent of Americans earn $15,000.00 to $50,000.00 paying between fifteen to twenty-five percent within that bracket. Ninety-two percent of Americans pay twenty-five percent or less. And this is without considering deductions. Why all the tears? Too much for the nation they claim to love so much?

Americans spend TEN times as much on defense as every other nation besides the Arab Emirates. TEN TIMES! And yet helping our own citizens avoid death and bankruptcy by providing national health care is just too fucking much!? We need the TEA Party to combat this Socialist take over? Really?

This nation is whipped into a frenzy by PROPAGANDA! And that propaganda is designed to empower POWERFUL CORPORATIONS AND NOT YOU! If American's were sober they would take this government "of by and for the People" BACK FROM PRIVATE POWER FIRST AND FOREMOST! But they are drunk with anti-government propaganda-government bad, disenfranchisement and corporate domination good!

It's a damn shame and one of the reasons among many that it is my passion to counter this path of least intellectual effort with some reality and the empowerment of people THROUGH GOVERNMENT.

So, where do you think MY tax bracket is? Let me add that I will be paying $2000.00 a month for my health insurance when my COBRA expires, plus medicines. I am an independent contractor, I have a pre-existing condition. If I work five days a week the first $100.00 of every day's pay goes to my health insurance. What percentage of a TAX would that be if I'm in the $15,000.00 to $50,000.00 bracket?

The manufactured consent of the citizens right to be dominated and herded like factory farm livestock by corporate power is at unprecedented levels and unless we, out here in the real world, get serious about reforms we're destined for worse. The federal government in infested with corporate bribery! Barack Obama's prostrate position around the health industry and the same by Democrats in congress is an outrage! The left was plenty pissed at the Bush Administration's destruction of citizen service and the left should be MORE upset that their own are failures. Not only are they now, but they have been for decades. Their subservience to corporate power explains their failure to defend us against the Bush invasion and their reluctance to prosecute the Bush Cheney war criminals is because they too are complicit.

What can we do, where can we start?


Restoring Democracy and Taking Control of Our Nation Away From Corporations
[br />
references:

http://en.wikipedia.org/wiki/Tax_bracket#Tax_brackets_in_the_United_States

http://factfinder.census.gov/servlet/ADPTable?_bm=y&-geo_id=01000US&-qr_name=ACS_2008_3YR_G00_DP3YR3&-ds_name=ACS_2008_3YR_G00_&-_lang=en&-_sse=on

http://www.globalissues.org/article/75/world-military-spending#InContextUSMilitarySpendingVersusRestoftheWorld

Read more: http://thefrankfactorspace.ning.com/profiles/blogs/restoring-democracy-and-taking#ixzz0gnhtTfjW
Under Creative Commons License: Attribution
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imnKOgnito Donating Member (132 posts) Send PM | Profile | Ignore Sun Feb-28-10 12:14 AM
Response to Original message
1. And those rates are after exemptions.
Rate compared to gross income is far less. I don't think I've ever exceeded 18% even though I'm typically in the 28% bracket.
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-28-10 12:42 AM
Response to Original message
2. Unrec because it overstates income taxes paid.
You are quoting the brackets like that is the income tax paid. This underestimates income taxes.

On the otherside of the coin it excludes FICA taxes (both halves), state/local income taxes, sales taxes, excise taxes, and sales taxes.
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theFrankFactor Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-28-10 01:11 AM
Response to Reply #2
3. Pedantic Much
Edited on Sun Feb-28-10 01:20 AM by theFrankFactor
Whatever, why don't you write your own damned piece. I'm talking about the Federal Income tax. Maybe you're prejudiced for some reason or just uselessly pedantic.

The rates quoted are "The Federal income tax brackets for 2009". Suck it.
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-28-10 11:01 AM
Response to Reply #3
5. In which case you are overstated it.
Someone in the 25% bracket doesn't pay 25% income tax. Not even close. More like 10%-12%.

Using the bracket is a freeper mind game as it makes if look like effective tax rate is higher.

On the other hand pretending people are only upset about a tiny portion of total income taxes is equally dishonest.

For someone making $50,000 per year
Federal Income Tax ~12%
State Income Tax ~5%
FICA 15.3%
Sales Tax ~5%
Real-Estate Tax ~3%
Use Taxes ~3% (gasoline tax, alchohol tax, cig tax, local govt fees/taxes/assesments)
Total ~35% to 40%


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theFrankFactor Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-28-10 11:54 AM
Response to Reply #5
6. Is it Really Your Contention that This Presentation is That Flawed?
Edited on Sun Feb-28-10 11:58 AM by theFrankFactor
First of all, its focus, as if that weren't clear enough for the blind, is Federal Income tax BRACKETS! You may think that to be irrelevant but many don't. It was not the intention of this article to focus anywhere else. Honestly, if you find it sooo fucking bad that you have to unrec it I think you're just being pedantic.

I get the shit treatment around here anyway for not sucking Obama's dick and caring about "change" too much so I'm not really out to win any popularity contests. But really, you think I'm being misleading or inept or both? Bullshit.

What people claim for deductions and the varying state and local taxes, on top of which you add sales tax, and a plethora of other variables isn't the scope of the piece. Now, granted, many of the morons crying about the evil Federal Income tax don't know what the fuck a deduction is... I suppose, but fuck-this isn't a dissertation. You act like the bracket has NO relevance!

Whatever, seriously though, if you haven't already you might consider putting that superior tax stats intellect of yours to good use and compose your own "accurate" account of your misconception of this topic.
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-28-10 12:20 PM
Response to Reply #6
8. Yes.
You claim the teabagger nuts are simplistic morons but then you make the same exact simplistic claims. Irony?

Here is one:
"Nineteen percent of Americans earn $50,000.00 to $75,000.00 a year. What is their oppressive socialist yoke of burden? Twenty-five percent."

Their "oppressive yoke of burden isn't anywhere near 25%. If it were I might be joining them (federal taxes at 25% likely means total tax burden of 60%).

So when you tell tea baggers to get "over it" because their taxes are "only" 25% it actually supports their cause.

So how much is their "oppressive yoke of burden".

Well in 2010 tax brackets are:
http://en.wikipedia.org/wiki/Tax_bracket#Tax_brackets_in_the_United_States

The bracket doesn't matter. I don't care if my bracket is 99% if my TAXES PAID is 10%.

Taxes paid are much lower than brackets.
Take single guy making $50,000. He is in 25% bracket. Say he just takes standard deduction ($3,650) & exemption ($5,700) = $9350 in "free income". That's roughly 20% of he income completely free. The reality is most people get more free income because they itemize, or deduct student loan interest, put money in 401K/IRA etc. However at a minimum Mr. $50,000 teabagger is getting 20% of his money "tax free".

So that leaves $40,650 in taxable income. Does he pay 25%. Not even close.

http://en.wikipedia.org/wiki/Rate_schedule_%28federal_income_tax%29

He pays $835.00 plus 15% of the amount over $8,350. So ($40,650 - $8,350) = $32300 * 0.15 = $4850 + $835 = $5680.

$5,680 in federal income taxes on $50,00 in income. Thats 11%.
Mr. Teabagger might have something to complain about if he is paying 25% in federal taxes but the reality is he is paying only 11%.

Using the brackets makes it look like teabaggers are paying a punitive amount of tax.

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theFrankFactor Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-28-10 03:28 PM
Response to Reply #8
11. Except that NONE of the tax brackets are punitive!
Edited on Sun Feb-28-10 03:30 PM by theFrankFactor
Look genius, I said BRACKETS WITHOUT DEDUCTIONS! Deductions lower the amount paid, only a fucking retard doesn't get that and if their THAT fucking stupid, explaining the intricacies as you attempt to do is fucking useless.

Why do tax brackets exist? Do they or do they FUCKING NOT matter?

If you think 25% before deductions is OPPRESSIVE we have nothing in common on this issue.
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-28-10 04:00 PM
Response to Reply #11
14. 25% federal tax would be 60%+ total tax burden.
A 60%+ combined tax burden on someone making $50K per year that would be horribly punitive.

That is why the govt DOESN'T tax someone making $50K at 25% they tax them at a more modest 11%.

Using the larger 25% number is counterproductive. If you can't see that then you don't want to see it.
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theFrankFactor Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-28-10 03:51 PM
Response to Reply #2
13. Ya know...
You are quoting the brackets like that is the income tax paid. This underestimates income taxes.


Just to be clear, don't you mean OVERESTIMATES Federal Income Taxes?

Point 1.) The article is concerned with Federal Income tax
Point 2.) Only a shit head would conclude that no one claims any exemptions.
Point 3.) Really? This shit stuck in your "statistical" craw so bad you had to be such a dick?

How 'bout the health insurance point? More inaccurate useless shit? Listen man, I'm on you fuckin' side... I think, it's just that to me NONE of the brackets are punitive even if paid in full WHICH ANY COMMON ASSHOLE KNOWS THEY'RE NOT.
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-28-10 04:07 PM
Response to Reply #13
15. Generally the person who has to resort to insults has already lost.
"Shit", "Shithead", "Dick", "Common asshole". Yup I think it applies here.

Yes 25% tax on $50K in income is punitive because federal income taxes are only a tiny fraction of what working class pays. 25% federal taxes would be something in the ballpark of 60%-65% total taxes which is what the teabaggers complain about. Instead of reinforcing this view that people pay 25% in taxes don't you think it might be more effective to use EFFECTIVE TAX RATE.

Like someone making $30,000 a year pays <6% in federal taxes. Someone making $50,000 a year pays <11% and even someone making $100,000 a year pays only <16%.
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eridani Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-28-10 01:54 AM
Response to Original message
4. What you should tell a teabagger about taxes
"You're right--you are paying too much. How about we make corporations pay more so you could pay less?"
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ihavenobias Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-28-10 02:12 PM
Response to Reply #4
10. Exactly.
I don't recall the exact figures, but I believe corporate tax revenue made up about a third of total tax revenue for the federal government in the 50's down to less than 10% today.

If someone can jump in with a link to the actual numbers that'd be great.
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theFrankFactor Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-28-10 03:32 PM
Response to Reply #10
12. The Decline of Corporate Income Tax Revenues
Edited on Sun Feb-28-10 03:38 PM by theFrankFactor
The Decline of Corporate Income Tax Revenues — Center on Budget and Policy Priorities http://bit.ly/9flXo8

http://bit.ly/9UX0V5
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scarface2004 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-28-10 12:18 PM
Response to Original message
7. plus they stop paying ss tax at $106000
which is a better deal
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whyverne Donating Member (734 posts) Send PM | Profile | Ignore Sun Feb-28-10 01:49 PM
Response to Original message
9. I could be rich!
I keep telling people, say Obama gives you a massive tax cut. Like 50 percent. That's big, man. So now you got what? Seven percent more money?

Ewww, you rich now, man. What are you gonna do with all that money?

Don't think about it too long, cause as soon as you get that tax cut all the businesses you deal with will raise their prices a bit. They know how much money you got. The cable company knows exactly how much you can afford. That's why you can barely afford cable and you keep thinking about cutting it off.

The system is rigged, man. Get a brain and figure that out.

You want more money. Figure out how to earn more. Get your lazy ass out of the protest line.

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Festivito Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-28-10 04:13 PM
Response to Original message
16. Republican BEA means a no on TEA.
Republicans Borrowing Enough Already means a NO on Taxed Enough Already.

Someone has to pay the bills on the borrowing that REPUBLICANS ran up.

The bigger problem is that Republicans ran the borrowing up so high, so consistently, for so long, we can't fix the problems they left without borrowing more just to keep from falling like a rock.

Then, the biggest problem is that Republicans set up for the banks to lend more than they can manage to juggle, so much more that it's nothing but a huge bubble of more borrowing waiting for a moment to burst.
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