Libs: Explain "Fair Share" in your words | Page 2 | TigerDroppings.com

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Diamondawg
Mississippi St. Fan
Mississippi
Member since Oct 2006
11192 posts

re: Libs: Explain "Fair Share" in your words


quote:

Cool I buy a 12 of Natty Lite I pay less than that rich dickhead buying a case of Blue Moon!


Or Malibu instead of a BMW, or a Spectra 55 instead of an LG 55. Seems the most fair to me.....






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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
16733 posts

re: Libs: Explain "Fair Share" in your words


Well other than you can't punish one portion of the population, and you would lose your ability to demogue and spread hatred between citizens.





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Jax-Tiger
LSU Fan
Portland, OR
Member since Jan 2005
7514 posts

re: Libs: Explain "Fair Share" in your words


quote:

As a higher income earner you should pay more in taxes because that's how our progressive tax code works.


They do already. So are you happy?






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Jax-Tiger
LSU Fan
Portland, OR
Member since Jan 2005
7514 posts

re: Libs: Explain "Fair Share" in your words


quote:

The truly rich are getting off, and the truly poor are getting off.


Where is your evidence of this?






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Antonio Moss
LSU Fan
Baton Rouge
Member since Mar 2006
28905 posts

re: Libs: Explain "Fair Share" in your words


This is how my liberal colleagues explain it to me:

Higher income earners are less affected by increased taxation than lower earners. There is a baseline amount of money a person/family needs for necessities like food, shelter, water, clothing, etc. The further you get away from this baseline amount, the less effect taxation has on a person. For instance, a person that clears $150,000 after current taxes could financially handle an additional 10% ($15,000) in taxes much more than a person who clears $50,000 after current taxes and is asked to pay 10% ($5,000) more. Their reasoning is that after additional taxation, the first person still has $135,000 of expendable income while the second would only have $45,000.


Now granted, this a complete horse shite argument because nothing on the planet has ever been priced on "how it financially effects the purchaser."






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nobodytooimportant
Member since Oct 2012
657 posts

re: Libs: Explain "Fair Share" in your words


quote:

Not when the national discussion is on income tax rates. Is that hard to comprehend?



No the national discussion is on taxes. What is the point in separating out one tax from the rest? Can I separate out social security and medicare when talking about the budget? Meidcare and SSN are just as much a part of the budget as anything else and everyone pays into them.






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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
16733 posts

re: Libs: Explain "Fair Share" in your words


Anyway you can spin it to frick someone else, Mr. Moss you have interesting colleagues. That is what they are saying simply to justify fricking another American.





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los angeles tiger
LSU Fan
1,601 miles from Tiger Stadium
Member since Oct 2003
55976 posts

re: Libs: Explain "Fair Share" in your words


quote:

This is how my liberal colleagues explain it to me:

Higher income earners are less affected by increased taxation than lower earners. There is a baseline amount of money a person/family needs for necessities like food, shelter, water, clothing, etc. The further you get away from this baseline amount, the less effect taxation has on a person. For instance, a person that clears $150,000 after current taxes could financially handle an additional 10% ($15,000) in taxes much more than a person who clears $50,000 after current taxes and is asked to pay 10% ($5,000) more. Their reasoning is that after additional taxation, the first person still has $135,000 of expendable income while the second would only have $45,000.


Now granted, this a complete horse shite argument because nothing on the planet has ever been priced on "how it financially effects the purchaser."



They always leave out things such as cost of living. Only in the lib world which has given us the wonderful "mixed housing" is it fair for the person making over $50,000 to pay $2,200 a month for the new two bedroom apartment but those the family of four making $39,000 pays $200 for the same apartment and also get food stamps, assistance with phones and government assistance for a home when they decide to purchase and if they can't afford it, don't worry, the government will provide that for "free", too.







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Poodlebrain
LSU Fan
Way Right of Rex
Member since Jan 2004
15459 posts

re: Libs: Explain "Fair Share" in your words


quote:

just to clarify, medicare, payroll taxes, sales tax, local taxes, gas taxes, etc aren't skin in the game?
No, they are not the same game.

A married couple with 2 children is entitled to a standard deduction of $11,900 and 4 personal exemptions of $3,800 for 2012. That means they will not owe one penny of income tax until their income exceeds $27,100. But then they have $2,000 of tax credits available for having 2 children. Thus, they will not pay any income tax on their next $17,400 of income that would ordinarily be taxed at 10%, and they have an additional $5,200 of income that would be taxed at 15% that will also escape any income tax.

Using mathematics that is incomprehensible to the average Obama voter, I come up with $49,700 of income for this family of 4 before they have to worry about income taxes. If they itemize their deductions and/or qualify for other tax credits, like childcare expenses, their tax free income can get even higher. And what happens if this same family has $70,700 of long-term capital gains? They will owe zero income tax since the long-term capital gain tax rates for those in the 10% and 15% marginal tax brackets is 0%.

I hardly think it is fair that a family of 4 has the potential to pay zero income tax on income in excess of $120,400, but when the stars align properly it is possible. How's that for no skin in the game?







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rsande2
LSU Fan
Member since Jan 2006
3423 posts

re: Libs: Explain "Fair Share" in your words


quote:

Not when the national discussion is on income tax rates. Is that hard to comprehend?


Beat me to it.....






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Interception
Providence Fan
Member since Nov 2008
11089 posts

re: Libs: Explain "Fair Share" in your words


quote:

They do already. So are you happy?


He is the one bitching. But the rich are suppose to pay more taxes and Im sure he knew that going into med school.






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