Taxes

[rickyb]

the almighty thom hartmann says:

The highest tax rate on income taxes in 2014 was 39.6 percent for households earning more than 439,000 dollars - and the majority of US households paid an income tax rate of between 15 percent and 28 percent.

Those are households of plumbers, bus drivers, doctors and engineers - the average working Americans who create real wealth for the economy.

Meanwhile the banksters and vulture capitalists - the billionaires who make most of their income by moving money back and forth - pay a maximum rate of 20 percent of their earnings from the stock market.

How does this happen? Why did Mitt Romney pay a lower effective tax rate in 2011 than a waitress earning $2.13 an hour?

 

[Catatonic]

the almighty thom hartmann says:

The highest tax rate on income taxes in 2014 was 39.6 percent for households earning more than 439,000 dollars - and the majority of US households paid an income tax rate of between 15 percent and 28 percent.

Those are households of plumbers, bus drivers, doctors and engineers - the average working Americans who create real wealth for the economy.

Meanwhile the banksters and vulture capitalists - the billionaires who make most of their income by moving money back and forth - pay a maximum rate of 20 percent of their earnings from the stock market.

How does this happen? Why did Mitt Romney pay a lower effective tax rate in 2011 than a waitress earning $2.13 an hour?

He didn't!
A waitress making $2.13 an hour working 16 hours seven days a week 52 weeks a year would not pay any tax.
If fact, he/she would get Credits from the government.

 

[moreluck]

He didn't!
A waitress making $2.13 an hour working 16 hours seven days a week 52 weeks a year would not pay any tax.
If fact, he/she would get Credits from the government.

What if her tips added up to $100,000.00 ?? Free money ?

 

[rickyb]

He didn't!
A waitress making $2.13 an hour working 16 hours seven days a week 52 weeks a year would not pay any tax.
If fact, he/she would get Credits from the government.

i doubt it, because of tips, and becuase thom hartmann's the man

 

[wkmac]

Here comes a Netflix Tax?

 

[Sportello]

Here comes a Netflix Tax?

I'm not a lawyer, so I'm not sure, but wouldn't the proposed 'Net Neutrality' laws make that illegal? Unless some dirty politician puts a rider on a bill... "It's Great To Be An American"

 

[1989]

How does this happen? Why did Mitt Romney pay a lower effective tax rate in 2011 than a waitress earning $2.13 an hour?

Read more: http://www.browncafe.com/community/threads/taxes.348104/page-9#ixzz3leQIhC8u

This is a false statement.

 

[UpstateNYUPSer(Ret)]

How does this happen? Why did Mitt Romney pay a lower effective tax rate in 2011 than a waitress earning $2.13 an hour?

Read more: http://www.browncafe.com/community/threads/taxes.348104/page-9#ixzz3leQIhC8u

This is a false statement.

Is it? With write-offs and deductions I have a lower effective tax rate than both of my children.

 

[rickyb]

How does this happen? Why did Mitt Romney pay a lower effective tax rate in 2011 than a waitress earning $2.13 an hour?

Read more: http://www.browncafe.com/community/threads/taxes.348104/page-9#ixzz3leQIhC8u

This is a false statement.

because capitalism systematically concentrates money into few hands, and that minority use some of their money to bribe politicians so they can make more money, in this case through the tax system.

 

[moreluck]

 

[bbsam]

Good. Hopefully this puts on the road to reducing the deficit. You do want to reduce the deficit, don't you?

 

[newfie]

because capitalism systematically concentrates money into few hands, and that minority use some of their money to bribe politicians so they can make more money, in this case through the tax system.

There is no one named capitalism concentrating money into a few hands.
there is a government that decides how much of your hard earned money they will allow you to keep.
There are large companies leaving and pulling jobs from this country because our tax rate is higher then many other countries.

 

[newfie]

Good. Hopefully this puts on the road to reducing the deficit. You do want to reduce the deficit, don't you?

yes by spending less of the money they steal from me.

 

[bbsam]

yes by spending less of the money they steal from me.

No. By paying down the debt with the money they steal from you.

 

[Boulevard859710]

No. By paying down the debt with the money they steal from you.

They won't pay down .

 

[newfie]

No. By paying down the debt with the money they steal from you.

why don't you give them my share and leave me out of it.

 

[bbsam]

They won't pay down .

No, probably not. Not even with the "small government" Republicans holding the purse strings.

 

[bbsam]

why don't you give them my share and leave me out of it.

Because you are a citizen of the greatest nation ever and with theach rights granted you come obligations. Grow up and suck it up.

 

[newfie]

No, probably not. Not even with the "small government" Republicans holding the purse strings.

that's not good justification to vote another free spending democrat into office.

 

[newfie]

Because you are a citizen of the greatest nation ever and with theach rights granted you come obligations. Grow up and suck it up.

obligations to cut spending will I suck up