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Of the 1%, by the 1%, for the 1%

Started by Sandy Eggo, April 14, 2011, 06:14:42 PM

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dan foster

Quote from: Henry Hawk on April 26, 2011, 03:17:08 PM
AGAIN, THIS IS WORTH REPEATING.....FOR SOME WHO DON'T "GET IT"....

In 1980, the top 1 percent of earners paid 19 percent of income taxes, and the bottom half of earners paid 7.1 percent. A decade later, with a lower maximum rate, the top 1 percent paid 25 percent of taxes, while the bottom earners paid just 5.8 percent. By 2008, top earners paid 38 percent of taxes, the bottom half 2.7 percent.
Put another way, when you examine the Treasury Department data in lieu of the Bush tax cuts:
The rich are now paying more than they would have paid, not less, after the Bush investment tax cuts. For example, the Treasury's estimate was that the top 1 percent of earners would pay 31 percent of taxes if the Bush cuts did not go into effect; with the cuts, they actually paid 37 per­cent. Similarly, the share of the top 10 percent of earners was estimated at 63 percent without the cuts; they actually paid 68 percent.

You are so goddamn stupid, it hurts to read .  Let's try this; when the top 1 percent paid 25 percent they made 40 percent of all income.  2008, when top earners paid 38 percent they made 50 percent of all income.  Now, when they pay 31 percent, they made 60 percent of all income.  The top 1 percent now has more wealth than the bottom 33%.  So, you think they pay their fair share, asshole, purveyor of Fox lies, too goddamn ignorant to know the difference....etc, etc,....
"Wherever morality is based on theology, wherever right is made dependent on divine authority, the most immoral, unjust, infamous things can be justified and established." -- Ludwig Feuerbach, The Essence of Christianity, 1841

"A bottle of wine contains more philosophy than all the books in the world" Louis Pasteur

"It is a truism that almost any sect, cult, or religion will legislate its creed into law if it acquires the political power to do so." -- Sir Arthur C. Clarke

The Troll


  In the year of 2011 the top 400 families of the richest people in America paid only 15% in federal taxes.

  These people don't create jobs they use their money to make money.  It is called Capital Gains Tax.  Which is 15%.  These people are just bleeding.  MY heart pumps piss for them.   :yes: :biggrin:

  One of the ways they are making their money is speculation in the crude oil business.  Driving up the price of oil and gasoline.  :yes:

                                                           The rich :kick: The American People.

dan foster

Quote from: The Troll on April 26, 2011, 06:54:41 PM
  In the year of 2011 the top 400 families of the richest people in America paid only 15% in federal taxes.

  These people don't create jobs they use their money to make money.  It is called Capital Gains Tax.  Which is 15%.  These people are just bleeding.  MY heart pumps piss for them.   :yes: :biggrin:

  One of the ways they are making their money is speculation in the crude oil business.  Driving up the price of oil and gasoline.  :yes:

                                                           The rich :kick: The American People.

;>)  cartoon is great!
"Wherever morality is based on theology, wherever right is made dependent on divine authority, the most immoral, unjust, infamous things can be justified and established." -- Ludwig Feuerbach, The Essence of Christianity, 1841

"A bottle of wine contains more philosophy than all the books in the world" Louis Pasteur

"It is a truism that almost any sect, cult, or religion will legislate its creed into law if it acquires the political power to do so." -- Sir Arthur C. Clarke