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re: Ryan tax plan would cut taxes on rich and RAISE THEM on middle class - WaPo
Posted on 3/28/17 at 8:58 am to Lou Pai
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.
![](https://images.tigerdroppings.com/Images/Icons/Iconrolleyes.gif)
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 9:09 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.
![](https://upload.wikimedia.org/wikipedia/commons/7/75/U.S._Federal_Tax_Receipts_as_a_Percentage_of_GDP_1945–2015.jpg)
Posted on 3/28/17 at 11:32 am to BamaAtl
quote:
He knows that posting the % tax paid by income brackets is bull shite. 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!
For the record, Pikkety and Saez (where the left gets this talking point) quietly updated their numbers.
quote:
Saez releases new inequality estimates every year, along with a summary of inequality trends and levels. The claim that all gains have gone to the top 1 percent of U.S. households comes from his January 2015 summary, where he noted that 91 percent of the income growth in the U.S. between 2009 and 2012 went to the top 1 percent of tax units. But Saez's June 2015 summary updated his data through 2014 and reported that the top 1 percent had received 58 percent of income gains from 2009 to 2014.
While the top 1 percent of households received an outsize share of income growth during the recovery, they also suffered a disproportionate share of income losses during the Great Recession. From 2007 to 2009, real income declined in the U.S., with fully half the decline falling on the top 1 percent. The average income of the top 1 percent was 36 percent lower ($553,000, on average) in 2009 than in 2007. Among the bottom 90 percent, income was 12 percent lower ($4,300).
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