Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980 - Page 2 - TigerDroppings.com

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lsu13lsu
LSU Fan
Member since Jan 2008
1548 posts

re: Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980


Taxes Americans Pay

Do you honestly think the NYT took every tax and payment made to Local, State and Federal government into account when doing this analysis?






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Hugo Stiglitz
USA Fan
Disregard Monarchy, Acquire Chicken
Member since Oct 2010
55739 posts
 Online 

re: Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980


quote:

Do you honestly think the NYT took every tax and payment made to Local, State and Federal government into account when doing this analysis?

I'd imagine the NYT is sophisticated enough to take all the taxes listed into account and aggregate it into a mean average across a population.

It wouldn't be that difficult.






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WildTchoupitoulas
Member since Jan 2010
13850 posts

re: Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980


quote:

Maybe we should go back to Carter's economic policies!


You mean appointing like Paul Volcker as Fed Chair?

Or running deficits that averaged 2.4% of GDP? (Reagan averaged 3.6% of GDP, and had none under 2.6%)

In 1978 President Carter reduced the maximum tax on capital gains to 28% from as high as 49%.

A rift grew between the White House and Congress. Carter wrote that the most intense and mounting opposition to his policies came from the liberal wing of the Democratic Party, which he attributed to Ted Kennedy’s ambition to replace him as president.

Carter then vetoed a public works package calling it "inflationary", as it contained what he considered to be wasteful spending. Congressional leaders sensed that public support for his legislation was weak, and took advantage of it. After gutting his consumer protection bill, they transformed his tax plan into nothing more than spending for special interests, after which Carter referred to the congressional tax committees as "ravenous wolves."

I personally remember in 1979(?) when he refused to sign the budget because he thought the deficit was too high, the liberal mainstream media crucified him. They said the government was "broke", they covered all the parks etc. that had to close during the budget standoff, eventually he caved in.

I'm afraid if most posters didn't know Carter as "The Worstest Prezident Evah!" they wouldn't know a damned thing about him.






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junkfunky
LSU Fan
Mickey's Clubhouse
Member since Jan 2011
12514 posts

re: Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980


quote:

It wouldn't be that difficult.


Agreed. Do you have the link to that article?






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ironsides
LSU Fan
new york, ny
Member since May 2006
5342 posts

re: Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980


Gerald Ford's fault.

Carter presided over a terrible economy and was terrible at foreign policy.

His defecits would have been rediculously higher if the # of individuals collecting social security and medicare were higher. At least he'd cut military spending. Comparing the 1980's to today is rediculous enough, but to redistribute wealth of net producers on this scale, while at the same time having Eric Holder french kissing wall street and refusing to enforce regulations is a joke.






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ironsides
LSU Fan
new york, ny
Member since May 2006
5342 posts

re: Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980


quote:


I'd imagine the NYT is sophisticated enough to take all the taxes listed into account and aggregate it into a mean average across a population.

It wouldn't be that difficult.


There is no place for mathematics in the liberal agenda.






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mmcgrath
LSU Fan
New Jersey
Member since Feb 2010
3196 posts

re: Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980


quote:

In 1978 President Carter reduced the maximum tax on capital gains to 28% from as high as 49%.


You would think that would have made him a folk hero in conservative circles.






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WildTchoupitoulas
Member since Jan 2010
13850 posts

re: Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980


quote:

You would think that would have made him a folk hero in conservative circles.

That would mean they would have to have actual knowledge of his presidency beyond...


"Worstest evaaaaahhhh!!!"






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NC_Tigah
LSU Fan
Member since Sep 2003
48271 posts

re: Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980


quote:

"Worstest evaaaaahhhh!!!"

Jimmah Cahtah and tha Great Mahlaaaze.

Wurst evaaaaahhhh!!!






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TrueTiger
LSU Fan
Chicken's most valuable
Member since Sep 2004
8870 posts

re: Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980


I stopped reading at:
quote:

New York Times






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WildTchoupitoulas
Member since Jan 2010
13850 posts

re: Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980


quote:

tha Great Mahlaaaze

Have you read that speech lately?

It's quite prescient - if sanctimonious.

quote:

Carter’s ‘Malaise’ Speech: Conservative Manifesto?

It’s remembered as a hallmark of Democratic defeatism, but actually it was a daring statement of conservative values, Sean Scallon writes in the American Conservative.

Speaking during the energy crisis, recession and other woes of 1979, Carter (who never actually uttered the word “malaise”) acknowledged a “crisis of confidence” across the land. And so the devout Southern farmer and ex-Navy officer exhorted Americans to self-sufficiency, discipline, sacrifice, conservation, independence and “the striving for meaning and purpose beyond material wealth,” Scallon writes.


Transcript






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lsu13lsu
LSU Fan
Member since Jan 2008
1548 posts

re: Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980


quote:

I'd imagine the NYT is sophisticated enough to take all the taxes listed into account and aggregate it into a mean average across a population.

It wouldn't be that difficult.


So did they do it or not. The article didn't say they did. Why would you just pull something out of your arse like that?



This post was edited on 11/30 at 11:43 pm


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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
21165 posts

re: Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980


quote:

Most Americans Face Lower Tax Burden Than in 1980
Hell yeah they do! The "Middle Class" is getting a hell of a deal in this country. Over the last few decades our tax structures have shifted more and more of the burden onto "the rich". Our base has shrunk. None of this is good, however.

It isn't fair that a slimmer minority is paying an ever larger share of the total bill.

But Buffet says it's boost morale... so I suppose it's ok. ID-10-Ts.






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Zahrim
Colorado Fan
McCamey Texas
Member since Mar 2009
4349 posts

re: Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980


my 8% sales tax disagrees





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RogerTheShrubber
LSU Fan
Juneau, AK
Member since Jan 2009
87627 posts

re: Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980


Pay more. No one is stopping you. I promise not to complain if you do





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Bard
LA-Monroe Fan
BR
Member since Oct 2008
14859 posts

re: Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980


quote:

my 8% sales tax disagrees






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mmcgrath
LSU Fan
New Jersey
Member since Feb 2010
3196 posts

re: Complaints Aside, Most Americans Face Lower Tax Burden Than in 1980


quote:

So did they do it or not. The article didn't say they did. Why would you just pull something out of your arse like that?

There's a link on the article that shows how they did it. About This Report
quote:

The Times developed the methodology and reached its conclusions in consultation with more than two dozen experts on taxation, including academics, specialists at government agencies like the Census Bureau, the Internal Revenue Service and the Bureau of Labor Statistics and researchers at organizations like the Tax Policy Center and the Tax Foundation.

The Times created a nationally representative sample of taxpayers, and calculated a tax bill for each based on income, state of residence, marital status and other factors. The analysis was run for each year from 1980 to 2010. Federal and state income tax bills, as well as federal payroll taxes, were determined using a publicly available calculator maintained by the National Bureau of Economic Research, an organization of academic economists.

The Times created models to calculate tax bills for three other kinds of taxes: property, sales and corporate income.






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