- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Ryan tax plan would cut taxes on rich and RAISE THEM on middle class - WaPo
Posted on 3/28/17 at 8:55 am to NC_Tigah
Posted on 3/28/17 at 8:55 am to NC_Tigah
quote:
NC_Tigah
It's never going to stop being disappointing to see you capable of not lying, but choosing to lie to the people here who don't realize you're full of shite.
Posted on 3/28/17 at 8:56 am to BamaAtl
What is he full of shite about?
Posted on 3/28/17 at 8:56 am to BamaAtl
You have to be the worst prog bitch on here now.
Posted on 3/28/17 at 8:57 am to Lou Pai
The estate tax should be doubled. If the guy is dead he doesn't need the money anyway.
Tax capital gains at regular income levels.
Tax capital gains at regular income levels.
Posted on 3/28/17 at 8:57 am to Eurocat
well in fairness the middle class don't pay income tax.
the only way to give them a tax cut would be cutting the social security tax.
the only way to give them a tax cut would be cutting the social security tax.
This post was edited on 3/28/17 at 9:05 am
Posted on 3/28/17 at 8:58 am to Eurocat
Good God, he wants to pass it along to his family, not you and your fellow greedy leeches.
Posted on 3/28/17 at 8:58 am to Lou Pai
quote:
What is he full of shite about?
He knows that posting the % tax paid by income brackets is bullshite. When all of the income growth goes to the top, then OF COURSE they'll pay a greater share over time - they're making more money!
But that doesn't mean that they're paying more as a percentage of the money they're making (or, being soaked) - just that they're making vastly more money and paying a smaller percentage of it ever since we started dabbling in trickle-down economics.
He knows this, or should, but understands that most of this board doesn't, so he pretends like that matters.
Posted on 3/28/17 at 9:01 am to BamaAtl
His graph is still accurate. You may disagree that it is influential. It is accurate. You lie all the time about the ACA without hesitation. Why project your qualities into NC? Oh...and your graph, while accurate, has many things to consider too. Estate tax capital gains taxes...lots of other changes to the code. I'm guessing you don't know too much about the code, though.
Posted on 3/28/17 at 9:02 am to BamaAtl
Lol that still doesn't change the fact that they are paying an increasingly higher percentage of the taxes paid in this country. This isn't just a top 1% question either, it's a top 25% question.
When you and the other slobs tout the line of the successful among us paying their fair share, keep that in mind.
When you and the other slobs tout the line of the successful among us paying their fair share, keep that in mind.
Posted on 3/28/17 at 9:02 am to Eurocat
You are insane. You sound like a DOJ attorney I was up against once. He said "your client's problem is that they are thinking of it as if it is their money". He was a commie...just like you.
Oh and you have to be trolling with the cap gains comment. Not an economist I can see
Oh and you have to be trolling with the cap gains comment. Not an economist I can see
Posted on 3/28/17 at 9:03 am to Lou Pai
quote:
that still doesn't change the fact that they are paying an increasingly higher percentage of the taxes paid in this country.
Because they have an increasingly higher share of wealth/income in this country over time. That's why they're paying higher taxes ON A LOWER TOP MARGINAL RATE.
Posted on 3/28/17 at 9:04 am to Eurocat
quote:I'm so sick of poorly written garbage like this. Totally crafted to be inciteful but not insightful.
The plan that Ryan (R-Wis.) and his colleagues in the House have put forward would not substantially reduce taxes for the middle class, and many households would pay more.
Raised by how much? $1, $10, $10,000?
Here's the math... there is A LOT more "middle class" tax payers than "rich" taxpayers. So a small increase across a wide population will take in more revenue than a huge increase on "the rich".
The. WaPo presents this gem...
Notice how by switch to "% after tax income". Bastards. Looking at that chart two things jump out. The amount of tax increase seems to be less than 2%. Which isn't much. Further those increases are in the top 10% and top 5% brackets.
Top10% is about $100k/yr. I've been reminding people that think hey are "middle class" that they are rich for years. And yes, they are going to be target of tax increases. Why?
That group makes most of the income in this country. Not "the rich". Ryan's plan overlays almost exactly with the largest bars in that chart. (roughly $100k is top10%, 250k top5% iirc)
My guess is Ryan is trying to maximize revenue while maximizing the amount to tax relief. And it makes sense from a mathematic and revenue perspective.
It makes no sense from the political perspective.
The problem here is the preception that people making a top10% income (~$100k/yr) are "middle class". They aren't. And since in aggregate they make the majority of the income... they are inevitably going to be the subject of tax increases in the future (from both parties).
This post was edited on 3/28/17 at 9:08 am
Posted on 3/28/17 at 9:05 am to LSU12223
I did forget to mention how conservatives like to reduce revenue while raising the military budget. It is their favorite thing in the world.
Posted on 3/28/17 at 9:05 am to BBONDS25
quote:
You may disagree that it is influential. It is accurate.
Maybe this will make it clear for you - I know how sometimes you need things spelled out in multiple formats to grasp simple concepts:
Posted on 3/28/17 at 9:07 am to BamaAtl
quote:
That's why they're paying higher taxes ON A LOWER TOP MARGINAL RATE.
No they aren't. The Bush tax cuts expired and they are now up to 39.6%. That's cute that your little chart stops in 2008 though.
Posted on 3/28/17 at 9:09 am to BamaAtl
quote:You think tax rates go down as income goes up? Link?
Because they have an increasingly higher share of wealth/income in this country over time. That's why they're paying higher taxes ON A LOWER TOP MARGINAL RATE
Posted on 3/28/17 at 9:09 am to BamaAtl
quote:Facts are not your friend.
He knows that posting the % tax paid by income brackets is bullshite. When all of the income growth goes to the top, then OF COURSE they'll pay a greater share over time - they're making more money!
Tax/GDP is consistent. The portion shouldered by the "top" is not.
Posted on 3/28/17 at 9:10 am to Lou Pai
quote:
No they aren't. The Bush tax cuts expired and they are now up to 39.6%.
Oh no, what a jump!
It's like you're intentionally bad at this.
Posted on 3/28/17 at 9:10 am to BamaAtl
Holy shite that chart is terrible. You seriously took the Top 400 Americans? We are talking about $140B of AGI
And of course you stop at 2008...
And of course you stop at 2008...
Posted on 3/28/17 at 9:11 am to NC_Tigah
quote:
The portion shouldered by the "top" is not.
Because the "top" is increasingly taking a larger slice of the pie.
So you would not expect it to be consistent, even though the top marginal tax rates are lower than before this little experiment in trickle-down economics started/failed.
Popular
Back to top
Follow TigerDroppings for LSU Football News