2011-07-22, 20:27 | Link #14981 | |
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I will gladly take 20-40% of all of your incomes for the rest of your life, and distribute it 'fairly' for the good of this great forum. You can trust me guys. I can handle your money clearly better than you can, and it won't get 'wasted' I promise. |
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2011-07-22, 20:37 | Link #14983 | ||
Asuki-tan Kairin ↓
Join Date: Feb 2004
Location: Fürth (GER)
Age: 43
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2011-07-22, 21:14 | Link #14985 | |
Senior Member
Join Date: Jan 2009
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http://www.census.gov/compendia/stat...es/11s0059.pdf deficit http://www.businessinsider.com/us-budget-deficit-2011-7 income http://www.census.gov/compendia/stat...es/11s0694.pdf and http://en.wikipedia.org/wiki/Income_..._United_States I've rounded the numbers, it's just to show that the income of the top 5% is roughly equal to the deficit. Don't think to much of it, more then half amount of tax revenue isn't even derived from income taxes. The height of taxes is a powerfull tool in public finance. However I agree that neither the democrats or republicans are currently able to wield it effectively. |
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2011-07-22, 21:18 | Link #14986 |
Senior Member
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No it doesn't I believe. My folks were in the top 4% up until 2008 when my dad retired officially. Use to hear daily about how much they paid in taxes and how much was still owed every year. What they were paying in taxes, was far more than my gross income at the time.
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2011-07-22, 21:22 | Link #14987 | |
NYAAAAHAAANNNNN~
Join Date: Nov 2007
Age: 35
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2011-07-22, 21:31 | Link #14988 |
Obey the Darkly Cute ...
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Join Date: Dec 2005
Location: On the whole, I'd rather be in Kyoto ...
Age: 66
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Hopefully, its getting pretty clear to a majority of the voting public that both parties have been totally hijacked by a small cartel of interests who simply manipulate both lefty and righty folks while having nearly completed the goal of looting the treasury and gutting the ability of an elected government to conduct oversight. When they're done it will leave most of us trying to rebuild from scratch. Here we go in the US....
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2011-07-22, 21:34 | Link #14990 | ||
Um-Shmum
Join Date: Dec 2007
Location: at GNR, bringing you the truth, no matter how bad it hurts
Age: 39
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this seems to have been MUCH worse then originally suspected.
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2011-07-22, 21:39 | Link #14992 | |
Senior Member
Join Date: Sep 2006
Location: Suburban DC
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2011-07-22, 22:18 | Link #14995 | |
Senior Member
Join Date: Mar 2007
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What I am mad about is how those who are in the 500k+ categories use tax loopholes to pay SIGNIFICANTLY less than what they should be paying. I wouldn't mind them lowering taxes on the upper bracket if they can enforce that those people are actually paying what they should be paying. Cuts in government funding hurts the middle class the most. Look at how much school tuition fees have hiked up in the last 2-3 years. Most middle class families would need to pay more than 30-40% of their income to pay for their child's tuition because they're not low income enough to qualify for financial aid. |
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2011-07-22, 22:29 | Link #14996 |
blinded by blood
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Yeah, pretty soon only rich people are going to be able to send their kids to college. Tuition is going up so much that it's barely possible even with financial aid. I'm having to borrow so much money it's ridiculous, and I'm still stuffed into a tiny bedroom in a tiny apartment with a bunch of other students in a bad part of town.
And don't even get me started about how often the shit gets delayed. Most of the time I don't even get my books until a month after the semester has started. I would gladly work a part-time job to supplement my income, but I can't. Nobody will hire me, so stuff your "free market" where the sun don't shine, justinstrife. I know you'll say some stupid crap about "living off the government teat." I wouldn't, if I had a choice. Do you think I like relying on money that's frequently late, delayed, unpredictable and has to be paid back with interest? This country's so fucked economically that I had no choice but to go back to school and rely on financial aid, simply to survive. I have a lot of skills even without school, and I'm ambitious and a hard worker. But nobody cares anymore. You have to have a degree to get a job scrubbing toilets these days. So yeah, I do what I have to in order to stay alive. What's the alternative, suicide? Screw that.
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2011-07-22, 22:39 | Link #14997 | |
Onee-Chan Power~!
Join Date: Dec 2010
Location: In this reality (A.K.A. Colorado, U.S.A.)
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2011-07-22, 22:55 | Link #14998 |
Senior Member
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I agree about closing loopholes on the rich. I don't believe I've ever stated otherwise. Republicans and Democrats alike have complicated the tax system so badly in their favor, it's pathetic.
And that's nice that you wouldn't mind paying 5% more of your income to help the Government out. I however, would not if I had a choice. Which I don't. The Government gets far too much of my money, and that of other people as it is. The majority of the Middle Class already believe we're taxed too much, and we do not want to contribute more of our money, or anyone else's tax payer money to the Government. synaesthetic: You want to complain about the cost of tuition and school, dig into where all of that education money goes every year. Start with all of the bureaucracy that goes on in school, as well as the salaries of teachers... And the fact that I have to pay for people like you to go to school, pisses me off to no end. I have no children, I'm not in school myself, but am trying to make it on my own in life, and I have to subsidize you. Yeah lets make life all that much more difficult for people in the middle class. And I agree with Randy completely... |
2011-07-22, 22:57 | Link #14999 |
Senior Member
Join Date: Mar 2007
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The ideal way out of this situation would be to have future generations be educated enough to actually vote based on logic, not rhetoric, and hold politicians to the standard they should be adhering to. Unfortunately with the way education seems to be going, I doubt that's going to happen.
The other way is if the corporations and lobbyists realize that not placating the masses will eventually lead to violent a uprising. We're not quite there yet, but at the rate that things are going, it's can't be ruled out. Unfortunately, it'd seem most of them are too profit oriented to see past anything beyond the next quarter's profits. |
2011-07-22, 23:06 | Link #15000 | |
books-eater youkai
Join Date: Dec 2007
Location: Betweem wisdom and insanity
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Are we talking about someone with much training and carrying a arsenal or what ?
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current affairs, discussion, international |
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