first off I think we should have a flat tax, having said that read this blog about a poor super rich guy

We are the Super Rich Truth on the Market

 

If the government passed a flat tax, within just a year or two, they would start passing bills to add other taxes due to "urgent need" - perhaps an extra tax to support the military, or extra border patrols. 5 or 10 years down the line, we'd all be paying even more than we do now.

Complex problems are rarely solved by simple solutions.

 

A fair and equitable flat rate tax would be good for the middle class. The poor do not pay taxes, and the rich shelter their earnings. A flat rate would force the government to be more accountable for dollars collected as they would be more visible. It would be easy to deduce taxes piad by publicly held companies, and the uber rich. I would bet that if we had a flat rate tax of between 14 and 16 % that the government would collect more money than they ever had, and the working class would have more disposable income to stimulate the economy.

 

The middle class will always bear the brunt of the tax burden because that is where there are the most people and where the most money is. Even if "the rich" paid 50% of their income in taxes, it wouldn't put a dent in the budget compared to what the total of the middle class does.

 

there really are not many really poor people in this country aside from the homeless, even people only making 500 a month are in a far far better posistion than most people in the world. They just don't live at the standard that most of enjoy, but how many "poor people have a car, cell phone, cable, drug problem(i know more than the poor do drugs) or tobacco. not to mention that under a certian income food is now free.

so yes they are very poor compared to me but can afford to throw away money on non-essential items.

 

News flash. The middle class is dying. We are in a plutonomic state that was caused by taxes being diverted to the middle class. The poor can't pay, the rich won't pay. And the rest are left struggling to push our economy uphill. And a flat tax will only make things worse. When the rich are the people pushing for a flat tax, you can d@mned well bet, it isn't in the middle or lower classes best interest. Taxes are not strucured to be fair. They are used as a means of molding a stable economy. As in everything else. Balance is everything. If we had things their way we would have a Libertarian Mecca, like Somalia, or Haiti. Is that what you want?

 

I pay taxes, my family, which has a poor side, who are self employed, don't pay taxes, as most of their income is, paid in cash they don't claim. If they claimed it, through their salvage work, "Junk", they wouldn't live as well as they do now. The "rich" that Rush seems to hate, are friends as well. I have a couple of millionares friends, whom I have worked for both, and they pay taxes. A lot of taxes. You don't own 15,000 acres, and not pay taxes. He pays his income tax, and guess what, news flash Rush, he pays property tax in Indiana, and Illinios....and even so, both contribute big time to a lot charities, not to mentions both employ over 300 people each. This mind set of many that the rich get richer and poor get poorer is just plain bullshit, and always has been. The hispanics we employ lives are getting better all the time, and why don't the locals want these same jobs? Because they are labor intensive. They don't want to work, as long as someone will give them food stamps, and welfare money to get by. It's all around us...and the 2% of the really rich are giving to charities as well....they shouldn't be punished for having an idea, developing that idea into companies that employ people all around the world, Buffet, whom I don't like, did it, Sam Walton, and the list goes on...give back billions to charities...kind of like Obama, except it isn't his money, it's ours...

 

Bingo Doc!

 

those rich people that everyone loves to hate work very hard at one thing, MAKING MORE MONEY. does Bill Gates, the Waltons, Warren Buffet, the Koch brothers, the Facebook creator or any number of other super-super rich people need anymore money, of course not. They risk huge amounts of money, that in turn provide many many jobs so that every dollar they make gets taxed at a much higher rate than the rest of us.

What would happen if those evil super-rich got together and decided the hell with it I've got enough money to last 1,000 lifetimes, I'm done with it all fires everyone and leaves the country with all their money. The last 2 years would be looked at like the good ol' times

 

procastinating and pointing fingers won't make you rich....hard work, and a brilliant idea might...a group of us old farts were sitting around this evening having a few cocktails trying to brain storm a new business....that is what america is about...creating jobs...through those who have already been successful at what they do...our discussion tonight was resturants and what would work in our little town...the right chef, the right manager, and the right workers....and we have a building available...we have the investors, that would be the 5 of us....probably won't fly though...eateries are hard work...and at our age, not going to happen....I don't think...

 

As I said before, taxes were what they were to create a stable economy. But people like you would prefer we become a third world nation... cause that's fair.

 

bullshit, how does working make you a third world economy....me giving you my money not to work makes you a third world economy....this business and each one of us would pay taxes on the income made, the property owned, and each employee we hire...and if, by your president's health care bill, we are successful, and employ more 50 people, would have to provide health care benefits, which is a killer for any business...you just like to *****...no solutions, just plain old I know more than you bullshit...someone must have really put you in your place in the business world for you to hate anyone with an idea, or anyone who is successful in their business...must be bad to be just a laborer with no real direction to your life....I am thinking of adding another truck, for grain hauling only as well....you might qualify, but then again, I doubt if you could keep your mouth shut and just do the job...

 

The truth about American Income Taxes, ala Bush tax cuts. What will your future hold, now that they are about to expire?

"According to the Office of Tax Analysis, the U.S. individual income tax is "highly progressive," with a small group of higher-income taxpayers paying most of the individual income taxes each year.

In 2002 the latest year of available data, the top 5 percent of taxpayers paid more than one-half (53.8 percent) of all individual income taxes, but reported roughly one-third (30.6 percent) of income.

The top 1 percent of taxpayers paid 33.7 percent of all individual income taxes in 2002. This group of taxpayers has paid more than 30 percent of individual income taxes since 1995. Moreover, since 1990 this group’s tax share has grown faster than their income share.

Taxpayers who rank in the top 50 percent of taxpayers by income pay virtually all individual income taxes. In all years since 1990, taxpayers in this group have paid over 94 percent of all individual income taxes. In 2000, 2001, and 2002, this group paid over 96 percent of the total. Treasury Department analysts credit President Bush's tax cuts with shifting a larger share of the individual income taxes paid to higher income taxpayers. In 2005, says the Treasury, when most of the tax cut provisions are fully in effect (e.g., lower tax rates, the $1,000 child credit, marriage penalty relief), the projected tax share for lower-income taxpayers will fall, while the tax share for higher-income taxpayers will rise.

The share of taxes paid by the bottom 50 percent of taxpayers will fall from 4.1 percent to 3.6 percent.

The share of taxes paid by the top 1 percent of taxpayers will rise from 32.3 percent to 33.7 percent.

The average tax rate for the bottom 50 percent of taxpayers falls by 27 percent as compared to a 13 percent decline for taxpayers in the top 1 percent.

The White House has announced it will lobby Congress to pass legislation making most of President Bush's tax cutting measures permanent."

Source: U.S. Treasury, Office of Tax Analysis

Seems that most Americans (the ones doing most of the whining) receive far more in government entitlements than they pay in income taxes. Most of the whiners pay literally no income tax, yet whine for more hand-outs.

Seems an odd way to run a country.

 

thank you sir....funny how it takes someone from outside our own country to understand what some of us already know....

 

Ok, then explain why, after 30 years of Reaganomics, filled with tax breaks, loopholes, and deregulation, we aren't all left standing in tall cotton?

 

London, please??? Your a cop and can't see through his veiled identity? Pathetic...

 

Rush, I don't think that is what Doc said. It looks like you are making stuff up to fit your agenda. I agree totaly with what Doc is saying, I see it all of the time. I know it is not all of them but a lot of people on welfare spend more time and energy trying to get on more programs than they ever would trying to work. They know exactly what to do and say to get on the programs and to stay on. I've personally heard some one paying with foodstamps in a store bitching on her cell phone that here in Ind. ( unlike her hometown of Chicago) she is having to pay her utilities in her free apartment. Then she got into her car and drove away. I'm always for helping the down and out, people that need help for a while, but this generational lifetime walfare is not doing any good. People are thinking that they are entiltled for everone else to pay for them. My son was a cashier at Walmart for summer work and said that the fraud in the system is unbelievable. They are also moving from state to state looking for better deals, Ie. ILL. to Ind.

 

This thread is about a flat tax. I have been talking within that structure. His is a moot point and doesn't speak too, or forward the conversation. And nether does yours. If a person is unwilling, or unable to work, he pays no taxes. If you have a flat tax, they still pay nothing. Aside from that, how am I making stuff up. Did I present refutable facts, or simply state an opinion? It's sad that your so blinded by right wing rhetoric that you can claim my views are made up while presenting nothing more than your own opinion. Does your son working at Wal Mart for the summer make him or you experts at anything? Nope, just opinionated. Same as me. You would do well to remember that the next time you call me a liar.