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Posted by Patriot Games on November 29, 2009, 3:25 pm
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On Sat, 28 Nov 2009 15:33:14 -0500, clams_casino
>Patriot Games wrote:
>>On Fri, 27 Nov 2009 16:19:39 -0500, clams_casino
>>>Patriot Games wrote:
>>>>On Wed, 25 Nov 2009 18:15:30 -0500, clams_casino
>>>>Liars are exposed:
>>>>On Tue, 24 Nov 2009 15:29:48 -0500, clams_casino
>>>>>Patriot Games wrote:
>>>>>No, That's shear ignorance ON YOUR PART. The top 10% (>108k/yr) of the
>>>>>population pay about 50% of all Federal income taxes, based on having
>>>>>some 60% of all income.
>>>Amusing.
>>>Since you are obviously too challenged to do a simple search (as opposed
>>>to listening to Rush, Beck, etc), I'll try to keep this very simple:
>>>http://www.taxfoundation.org/research/show/22287.html
>>>"While the media spotlight shines on federal income taxes each April,
>>>many Americans may be surprised to learn that federal income taxes make
>>>up only 26 percent of the nation's total tax bill. The remaining 74
>>>percent—nearly three-fourths of the U.S. economy's total tax burden—is
>>>comprised of the other federal, state and local taxes paid by American
>>>households every year."
>>YOU SAID: [The bottom 50% paid 3% of income taxes...] "and essentially
>>all the payroll tax with a significantly higher share of
>>property, sales & excise taxes."
>>Your CITE SHOWS: The highest income group paid 23-cents per tax dollar
>>to Federal Payroll taxes and the lowest income group paid 21-cents per
>>tax dollar to Federal Payroll taxes.
>>YOU LIED.
>>YOU SAID: [The bottom 50% paid 3% of income taxes...] "and essentially
>>all the payroll tax with a significantly higher share of
>>property, sales & excise taxes."
>>Your CITE SHOWS: The Total State and Local Taxes Averaged is $9,400
>>per taxpayer, with the LOWEST FOUR income groups paying $28,666
>>COMBINED and the SINGLE highest income groupo paying $24,421.
>>YOU LIED.
>I didn't "Lie".
Yes, you did. PROVEN ABOVE.
>I have supplied true, documented facts with references.
Which PROVE YOU LIED.
>You claimed the top 5% pay 99% of all federal income taxes. That's
>obviously totally wrong.
Of course its wrong. AS PREVIOUSLY STATED I did that to TRAP YOU INTO
LYING.
And it worked.... Hahahahahahahha!!
>You stated the bottom 50% earners only pay 3% of the total taxes. That's
>obviously totally wrong.
I CITED:
The richest 1% paid 39% of the income taxes, up from 37% in 2000.
The richest 5% paid 60% of the income taxes, up from 56% in 2000.
The bottom 50% paid 3% of income taxes.
http://answers.yahoo.com/question/index?qid=20071217112125AAvUc6r
YOU SAID "total taxes."
I CITED "income taxes."
Who lied?
YOU LIED.
I CITED:
For Tax Year 2006
(AGI, Adjusted Gross Income)
Top 1% AGI - 39.89% of all taxes.
Top 5% AGI - 60.14% of all taxes.
Top 10% AGI - 70.79% of all taxes.
Top 25% AGI - 86.27% of all taxes.
Top 50% AGI - 97.01% of all taxes.
Bottom 50% AGI - 2.99% of all taxes.
http://www.ntu.org/main/page.php?PageID=6
YOU SAID "total taxes."
I CITED "AGI, Adjusted Gross Income."
Who lied?
YOU LIED.
>Hint - What percentage of Warren Buffet's income did he pay in payroll
>taxes? What percentage earnings of someone making $10k/yr is payroll tax?
>Another hint - one is >0.01%, the other is about 6.5%.
Obviously you have NO IDEA WHAT YOU'RE TALKING ABOUT:
Payroll Tax: Your contribution to Social Security and Medicare: 15.3%
of your salary, up to a limit, half of which is paid by your employer.
A huge number of people pay far more in payroll taxes than they do in
income taxes. On the other hand, the payroll tax isn't a true "tax" in
the sense that it isn't supposed to be a source of revenue for the
government - it's supposed to be a contribution to an account that
you'll be entitled to withdraw benefits from at a later date. For that
reason payroll taxes generally aren't included in discussions about
tax cuts: the only way you can get a cut in your contributions is to
(a) accept a corresponding cut in benefits, or (b) have your benefits
subsidized by somebody else, or (c) reform the entire system.
http://www.moneychimp.com/glossary/payroll_tax.htm
Here is a more detailed definition:
http://www.answers.com/topic/payroll-tax
>Based on YOUR logic, obviously the higher must be paying most the taxes
>in this country.
Your feeble attempt to change the subject has FAILED.
>One last hint - One can not determine the tax burden by looking at just
>one type of tax.
Of course you can...
>In conclusion, let me know when you've passed that 4th-grade remedial
>math class. Otherwise, no more discussion - Bye Bye.
Having SUCCESSFULLY CAUGHT AND EXPOSED YOU AS A LIAR I am entirely
happy to be DONE WITH YOU.
Learn to love your lies.
They will follow you forever.
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