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How much more can we really tax the wealthy?? Brian Send a noteboard - 03/09/2009 04:41:14 AM
I mean between income taxes, social security, and medicare they pay out nearly 1/2 of their income to the government each year.

Yeah, that number may drop some after credits and other programs they can take advantage of, but at some point you just can't raise taxes any further.

The reality (in my mind at least) is that our government is an extremely wasteful entity. Nearly every program they run is rife with corruption, overspending, pocket stuffing, and other rubbish that doesn't need to be there.
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For Europeans who don't understand why Americans are against ObamaCare - 03/09/2009 04:24:35 AM 1093 Views
I'd be happy to tax top "earners" more and suffer Europes economic "collapse. " - 03/09/2009 04:30:31 AM 564 Views
The US will never work with socialism. - 03/09/2009 04:40:21 AM 655 Views
Re: The US will never work with socialism. - 03/09/2009 04:58:47 AM 649 Views
I don't think the mistrust of the government is really all that overblown - 03/09/2009 05:04:34 AM 565 Views
It's advanced beyond what it was during the Revolution, I think. - 03/09/2009 05:18:22 AM 610 Views
I would say it's grown with the government - 03/09/2009 05:23:52 AM 595 Views
Re: I don't think the mistrust of the government is really all that overblown - 04/09/2009 03:30:23 AM 536 Views
If I lived in France I wouldn't trust the Government either. - 04/09/2009 03:44:55 AM 592 Views
*laughs* the point is taken. *NM* - 04/09/2009 04:24:07 AM 406 Views
Re: The US will never work with socialism. - 04/09/2009 03:28:24 AM 693 Views
How much more can we really tax the wealthy?? - 03/09/2009 04:41:14 AM 498 Views
Sadly, I think going back to the Clinton rates would help - 03/09/2009 04:42:54 AM 485 Views
I'm ok with that....not super excited....but ok with it - 03/09/2009 04:57:32 AM 492 Views
A lot; before Reagans "reforms" we already taxed them less than any other industrialized state did. - 03/09/2009 05:06:00 AM 614 Views
I'm in the lower-middle class tax bracket - 03/09/2009 05:13:39 AM 534 Views
It's both, IMHO. - 03/09/2009 05:29:41 AM 461 Views
I hear a lot of socialism coming from you..... - 03/09/2009 05:19:08 AM 481 Views
Re: I hear a lot of socialism coming from you..... - 03/09/2009 05:40:32 AM 565 Views
Nice non-answer answer..... - 03/09/2009 05:52:04 AM 578 Views
You want detailed answers that require detailed data I don't have. - 03/09/2009 06:06:55 AM 631 Views
Here are some facts and analyses..... - 03/09/2009 02:40:22 PM 652 Views
The Heritage Foundation, huh? - 03/09/2009 03:01:17 PM 688 Views
The non-working wealthy? Please quantify..... - 03/09/2009 03:31:58 PM 666 Views
Paris Hilton? - 04/09/2009 03:43:19 AM 559 Views
You're so full of shit on this issue I don't know where to begin. - 04/09/2009 03:15:55 AM 644 Views
Re: You're so full of shit on this issue I don't know where to begin. - 04/09/2009 03:59:21 AM 732 Views
Less than 200 people were said to be US persons with Swiss accounts - 04/09/2009 04:16:24 AM 533 Views
And yet account for many millions of dollars; what does that say...? - 04/09/2009 04:21:57 AM 571 Views
It's statistically insignificant and your hyperbole is reminiscent of screaming guests on CNN. - 04/09/2009 02:07:31 PM 474 Views
Well, look at this way: - 04/09/2009 02:24:03 PM 603 Views
That's not a solution. - 05/09/2009 02:39:12 AM 619 Views
The Soviets weren't socialist, or even communist, so it's a false comparison. - 05/09/2009 03:09:06 AM 560 Views
Okay, now you've just gone into Kool-aid drinking territory. - 05/09/2009 04:32:07 AM 666 Views
Communist THEORY is predicated on democratic participation at every level,totally absent in the USSR - 05/09/2009 04:55:00 AM 788 Views
FINALLY!!! - 07/09/2009 10:22:53 AM 589 Views
Ever heard of the 20-80 rule? - 04/09/2009 04:28:54 AM 476 Views
Yes, and 90% of people are idiots. - 05/09/2009 02:41:35 AM 770 Views
Re: Yes, and 90% of people are idiots. - 07/09/2009 10:09:30 AM 592 Views
Top earners? Please define.....what income and how much more? *NM* - 03/09/2009 04:52:25 AM 405 Views
That would be open to definition, and should change with inflation. - 03/09/2009 05:13:02 AM 727 Views
What is your justification for taking over 50% of anyone's income? - 03/09/2009 05:28:22 AM 648 Views
That's a good example of why I say the rate has to be set to cost of living. - 03/09/2009 05:50:16 AM 693 Views
Still no comment on the fact that 40% of Americans don't pay any income taxes? - 03/09/2009 02:32:12 PM 617 Views
To what 40% do you refer? - 03/09/2009 02:42:55 PM 478 Views
Dude, you are not making this easy..... - 03/09/2009 03:38:01 PM 512 Views
No one "gets money from the IRS. " - 04/09/2009 02:55:02 AM 532 Views
Actually with EIC you can get money back that you never paid in. - 04/09/2009 02:56:43 AM 508 Views
It MIGHT be possible with the EIC, but in practice few people get more than they paid. - 04/09/2009 03:43:36 AM 550 Views
I don't know, I've known plenty of people that have gotten more back than they paid in - 04/09/2009 03:46:29 AM 639 Views
A neat trick then. - 04/09/2009 04:09:58 AM 639 Views
To be fair - 04/09/2009 04:50:20 AM 577 Views
Ah, gotcha. - 04/09/2009 04:53:58 AM 586 Views
Yet another example of your ignorance on tax policy. - 04/09/2009 03:19:39 AM 465 Views
The word I notice is "welfare" - 04/09/2009 03:57:01 AM 582 Views
I wouldn't say that's what it means.... - 04/09/2009 04:02:40 AM 580 Views
It's what welfare means to me... - 04/09/2009 04:32:17 AM 584 Views
I was just talking about EIC as a form of welfare, not welfare welfare. *NM* - 04/09/2009 04:45:13 AM 367 Views
yes, I get that now. *NM* - 04/09/2009 05:02:53 AM 349 Views
*NM* - 04/09/2009 05:14:01 AM 347 Views
Not necessarily - 04/09/2009 04:11:41 AM 509 Views
*shrugs* I have a soft heart. *NM* - 04/09/2009 04:30:52 AM 356 Views
It's a credit for people who file a return on income that's been taxed. - 04/09/2009 04:19:57 AM 510 Views
It is only for the WORKING poor, yes. - 04/09/2009 02:12:55 PM 500 Views
Mean it may be, but hardly illegal. - 04/09/2009 02:31:16 PM 535 Views
How does the business benefit? - 04/09/2009 04:54:27 PM 521 Views
I didn't realize you meant literal withholding. - 05/09/2009 03:03:32 AM 542 Views
That's a no-no, Joel - 03/09/2009 07:32:03 AM 515 Views
Europe impresses me for one simple reason: - 03/09/2009 09:21:28 AM 601 Views
No real comments, just 100% agree with you....plus the $12 trillion is terrifying to me. *NM* - 03/09/2009 04:33:39 AM 253 Views
If that scares you, check this out! - 03/09/2009 04:48:56 AM 617 Views
Excellent post - the US government is not capable of running HC..... - 03/09/2009 04:40:19 AM 453 Views
There is one thing the government did right - 03/09/2009 04:41:36 AM 573 Views
The bailout, some of it, was necessary..... - 03/09/2009 04:51:03 AM 569 Views
I still think it was too one sided. - 03/09/2009 05:21:45 AM 598 Views
It depends on your level of cynicism - 03/09/2009 05:38:53 AM 623 Views
when have they ever cut the fat? - 03/09/2009 08:35:36 PM 542 Views
Contrary to popular belief, they are quite good at it - 03/09/2009 09:05:15 PM 580 Views
Well there is only one catch *NM* - 03/09/2009 10:56:00 PM 349 Views
This doesn't make sense to me. - 03/09/2009 08:33:18 AM 593 Views
The key phrase is "should be. " - 03/09/2009 09:38:15 AM 732 Views
Re: The key phrase is "should be. " - 03/09/2009 09:47:39 AM 577 Views
That sounds like a good stop gap to me. - 03/09/2009 09:50:57 AM 631 Views
In fairness, most Europeans don't seem to realize what ObamaCare is. - 03/09/2009 02:34:01 PM 603 Views
What makes you think we do? - 03/09/2009 09:11:06 PM 614 Views
Oh, you don't either. I thought that went without saying. *NM* - 03/09/2009 09:25:54 PM 362 Views
As far as most people I know are concerned, opposition to ObamaCare isn't the issue. - 03/09/2009 11:04:36 PM 687 Views
It's hard not to be horrified with a government as wasteful as ours - 03/09/2009 11:24:59 PM 471 Views
I can understand horror of governments. - 03/09/2009 11:30:23 PM 462 Views
a bit, yes. *NM* - 04/09/2009 04:08:37 AM 371 Views
For Americans who don't understand why Canadians like their public healthcare. - 04/09/2009 04:23:11 AM 595 Views
Correction - 04/09/2009 04:44:32 AM 580 Views
Re: Correction - 04/09/2009 05:05:11 AM 657 Views
In all honesty.... - 04/09/2009 05:18:23 AM 519 Views
Re: In all honesty.... - 04/09/2009 07:19:28 AM 617 Views
Re: Correction - 04/09/2009 05:24:49 PM 547 Views
Re: Correction - 07/09/2009 10:11:45 AM 729 Views
That's a nice theory. - 04/09/2009 02:49:34 PM 599 Views
It's a fact - 04/09/2009 05:21:59 PM 563 Views
Re: It's a fact - 05/09/2009 03:18:39 AM 545 Views

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