Additionally, Cuomo and Senate majority leader Dean Skelos proposed a
termination of the Millionaires' Tax that brings in 1.5 billion dollars,
and refused to reinstate the 50% tax on bankers' bonuses, which would
bring in 10 billion dollars in state revenue.
Small wonder, then, that the bulk of some 4,000 banners and placards
read "Tax the Rich", a spectacle that drew scores of police barricades
and state security personnel to the scene. As the enormous line of
bodies moved through the streets, workers from nearby offices – some in
suits, others in janitors' uniforms – ran outside to join the protestors.
Dave it's "Berkeley" [CA] -not- 'Berkley'
http://en.wikipedia.org/wiki/Berkeley,_California
-wrt- The Second Home of the Original {1ST} "UC"
http://en.wikipedia.org/wiki/University_of_California
http://en.wikipedia.org/wiki/University_of_California,_Berkeley
http://en.wikipedia.org/wiki/History_of_the_University_of_California,_Berkeley
The original 'Site' {Home} of University of California
is now a City Block 'Parking Garage' in downtown
. . . . . . . . . . . Oakland, CA - nitt?
-or- Buz-Erk-Kay-Lee ! -or- Berzerkeley
-wrt- The People's Republic of Berkeley !
.
Yeah -to-be-honest- The Truth Is The Rich
Do NOT Pay Their Fair-Share :
http://groups.google.com/group/rec.radio.shortwave/msg/bf4f9308219b78e4
To Support The American {Capitalist} Society
That They Grossly Benefit So Much From !
http://groups.google.com/group/rec.radio.shortwave/msg/bf4f9308219b78e4
Giving Back As Much As You Get :
Is Just, Fair and Equitable 50%/50%
OOPS ! : That's a 50% Tax System
.
.
A rich person taxed 50% is still rich.
A middle class person taxed 50% is poor.
A poor person taxed 50% is dead.
> A rich person taxed 50% is still rich.
>
> A middle class person taxed 50% is poor.
>
> A poor person taxed 50% is dead.
Rich people don't pay the top rate on all of their income. They only pay
the top rate on income above a threshold.
Ostentatious wealth is tacky and Unamerican (except maybe in North
Texas). The richest man in America drives a Cutlass.
I lived in HIGH TAXES,Illinois for ten months, Scott Air Force Base,
back and forth to SL 60 near Pacific,Missouri, near Saint Louis.
http://www.devilfinder.com/find.php?q=SL+60+Waymarking.com
I lived in Salina,Kansas about four months.You from Indiana? I lived one
year in Martinsville,Indiana.
cuhulin
We passed through Ohio and Indiana on the way from Kentucky to Illinois,
between the 2 wars with the British. Zacharia didn't write much.
BpnJ,
Greatest Return on Investment [ROI] of the US
Federal Governments {Limited} IRS Resources :
- A rich person taxed 50% is still rich.
OK -so- Focus of the Top 10% of the US Population
~30 Million out of 300 Million
1ST : Collecting 80% of All Possible Income/Wealth Taxes
[+] Free Up 90% of the US Population from Worrying
About the Tax Man and Liking Their Government a
Whole Lot More
[=] Result 90% of the Citizens Like the Tax System
and Think That They {Our} Government Is Doing a
Good {Taxing} Job {Fair System of Taxes}
.
.
> A middle class person taxed 50% is poor.
OK -so- Try Focusing of the Upper 80% of the US
Population ~240 Million out of 300 Million
2nd Try Collecting 95% of All Potential Income Taxes
[-] Burdens 80% of the US Population from Worrying
About the Tax Man and NOT Liking Their Government
a Whole Lot
[=] Result 80% of the Citizens Do NOT Like the Tax
System and Think That They {Our} Government Is
Doing a Bad {Over Taxing} Job {Un-Fair System of Taxes}
.
.
- A poor person taxed 50% is dead.
-oh-so-true- What Is It They Say . . .
YOU CAN NOT GET BLOOD FROM A TURNIP !
OK -why-not- Try Taxing the Lowest 20% of the US
Population ~60 Million out of 300 Million
-the-cost-is-2x-3x-the-potential-tax-revenue-
.
HOW : The Question Becomes . . .
Resolving the Difference between :
1ST : Collect 80% of All Possible Income/Wealth Taxes
from the Top 10%
-and-
2nd Try Collecting 95% of All Potential Income Taxes
from the Next 70% {80% Total}
Clearly the 1ST is Self-Evident and Most Efficient and Doable.
Hey Your Are 80% There ! {100% Taxation Nirvana :-}
So How To ? "Collect" That Additional 15% of the 95% Goal !
In the Most Efficient and Painless Pay-As-You-Go Method
-answer- A Uniform National Sales Tax
Thus We Would Have a -drum-roll-please-
Flat Tax PLUS National Tax System Which Is
Necessary For America's Future Financial Health
http://groups.google.com/group/rec.radio.shortwave/msg/581688d9ba14b85b
http://groups.google.com/group/talk.politics.misc/msg/4b2eb3e4f030809e
http://groups.google.com/group/rec.radio.shortwave/msg/8503b113a0f6f083
.
Reduce The Federal Tax and Tax Paper Work Burden For All
http://groups.google.com/group/rec.radio.shortwave/msg/f78ec886a1452bf1
.
*READ*
The Truth Is The Rich Do Not Pay Their Fair-Share :
http://groups.google.com/group/rec.radio.shortwave/msg/bf4f9308219b78e4
Starting With Elimination The "Cap" On The Social
Security Payroll Taxes.
-cause- The High Income Earners and all those who
are making $106.4K per Year are NOT Paying Their
Fair-Share of All Federal Taxes -wrt- Social Security
http://groups.google.com/group/rec.radio.shortwave/msg/341b578f31bc9e41
.
Now You Ask : What About the Bottom 20% of the
US Population and Low Economic Status {Poverty}
YES - They Do Lose the EITC and Do Have To Pay
The Flat National Sales Tax as they Consume like
every one else. -so- Simply Identify and Track Them
as they do now and Issue Them the Same EDT Card
That Many/Most Have to Track Their Spending and
Rebate The Sales Tax Back to Them Annually,
Quarterly or Monthly; along with any other Public
Assistance Programs they might Quality-For and
Be-Receive. -that's-a- Zero-Tax+Benefit+Plus Status
{Equal To Or Greater That The EITC} Plus This Would
Get More Low Economic Status {Poverty} -aka- Working
and Retired Poor People to Sign-Up and Make-Use
of It : Then the EITC.
.
it is better to be flat taxed plus
than flat broke period - imho ~ RHF
.
.
A uniform national sales tax is regressive. It hits poor people where
they can't afford to be hit and makes no difference to the wealthy at
all.
Dave : Do-The-Math !
High Income Earners that are Over $379,150 AGI
-source- IRS 2011 Tax Table for 'Single'
Pay $110,016.50 in Taxes for that $379,150 AGI
{Which Equals ~29% of that Income}
Plus 35% of the Excess Over $379,150 AGI
{Which Equals ~35% of that Income}
* Roughly a $132,703 for the Next [2nd] $379,150 AGI
which is about $22,700 in Additional Taxes.
For a Millionaire with an AGI of $1,000,000 the
Amount of Taxes Paid above $379K would be :
$1M - $379K = $621K AGI @ 35% = $217,350
in Additional Taxes.
For a Multi-Millionaire with an AGI of $5,000,000
the Amount of Taxes Paid above $379K would be :
$5M - $379K = $4.621M AGI @ 35% = $1.617M
in Additional Taxes.
I would rather Collect the Last $1,617M in Taxes
then the first $110K
I have always thought that for for those who fall
into the Range of Ten-Times [10X] the Highest
Tax Bracket Threshold ~$3,791,500 the Amount
below $379,150 should be Tax Free and the
Amount Above $379,150 would be Taxed at the
35% Rate Coupled With NO Deductions and NO
Credits and NO Exemptions : This Equates To
A Flat and Uniform Fixed Standard Deduction
for All Those Making Ten-Times [10X] the Highest
Tax Bracket Threshold ~$3,791,500
* Easier and More Accurate Actual Income Reporting
* Less Paper Work and Accounting For The Tax Payer
and The IRS
* Less Gaming The Tax System by the Tax Payer
* Less Creative Accounting by the Tax Payer
* Better Tax Accountability for the IRS
* Greater Overall Tax Revenue for the IRS
How Lavish and Excessive a Rich Person Lives is
Their Own Concern and Not the IRS Business; and
Not Deductible [. ] Beyond the Normal and Customary
{Reasonable} Expenses* of the Average Working Man
should not be allowed.
* Wouldn't You or any Average Working Man Like
a $110K a Year Tax-Free to Life-On each Year ?
-and-if- You Wanted to Spend More You Could
-but- It Would First Be Fully Taxed !
~ RHF
.
We were near Ft. Boonesboro when the War started. That's how Lexington
got its name.
>
> * Wouldn't You or any Average Working Man Like
> a $110K a Year Tax-Free to Life-On each Year ?
> -and-if- You Wanted to Spend More You Could
> -but- It Would First Be Fully Taxed !
>
That would just piss off a lot of rich people. Make the rate 26% and
eliminate all deductions.
We went down to N'Awlins.
cuhulin
- - On 03/29/2011 12:23 PM, RHF wrote:
DOING THE MATH : Who Can Pay & Who Should Pay
A Gross Excess Income [Flat] Tax & Who Should Simply
Pay-As-They-Go Via A National Sales [Flat] Tax
http://groups.google.com/group/rec.radio.shortwave/msg/a39dab4256ca7f1c
.
- - * Wouldn't You or any Average Working Man Like
- - a $110K a Year Tax-Free to Life-On each Year ?
- - -and-if- You Wanted to Spend More You Could
- - -but- It Would First Be Fully Taxed !
- That would just piss off a lot of rich people.
Dave : It Is You Who Often -proclaims- Eat-the-Rich !
-now-that-would-really-piss-them-off-
.
- Make the rate 26% and eliminate all deductions.
Why 26%... Why Not 70%... Or 50%... Or 39%...
-the-needs-of-the-many-&-the-duty-of-the-few-
Dave,
There are Many More Working Poor People That VOTE
and Pay More Than Their Fair-Share of Taxes :
Then The Few Rich People Who Vote and Pay Their
Not-So Fair-Share of Taxes
-more-concerned-about-the-150-million-american-workers-
TAXES : 'Facts' -are- "Facts" :
http://www.taxfoundation.org/files/federalindividualratehistory-20080107.pdf
From 1965 to 1981 the Maximum US Federal Income
Tax Rate was 70% and the Rich were still Very Rich
After Taxes !
From 1982 to 1986 the Maximum US Federal Income
Tax Rate was 50% and the Rich were still Very Rich
After Taxes !
From 1993 to 2002 the Maximum US Federal Income
Tax Rate was ~39% and the Rich were still Very Rich
After Taxes !
Since 2003 to Present the Maximum US Federal Income
Tax Rate was ~35% and the Rich were still Very Rich
After Taxes !
Basic Top 10% Pays 90% Tax Scheme : With the
Remaining 90% Pays 10% Via a Flat Sales Tax
Fix a Percentage {What Every That Percentage Is XX%]
That Has The Rich [Top 10%] Pay and AGI Income/Wealth
Tax {How Much Did You Make = Send US XX%}
Fix a Percentage {What Every That Percentage Is YY%]
That Has The Rest [Lower 90%] Pay a Flat Sales Tax
and Not have to Worry about Taxes and Ppaper-Work.
Tax {How Much Did You Spend/Consume = Simply Pay
It As You Go}
Ideally the Two Percentages Income XX% and Sales YY%
would be about Four-to-One : So That Tax Payers Whether
Income or Sales would Both Be Paying an Equal and
Fair-Share of Disposable {Excess} Income beyond the
Cost of Keeping Self and Average Family Housed, Fed
and Healthy.
Four-to-One [4-to-1] Rate Examples :
Low National Sales Flat Tax of 6% : Would result-in an
National Income Tax Flat Rate of 24%
Moderate National Sales Flat Tax of 9% : Would result-in
an National Income Tax Flat Rate of 36%
High National Sales Flat Tax of 12% : Would result-in
an National Income Tax Flat Rate of 48%
.
INDEX : The Rich/Wealthy Highest 10% Income Threashold
to Five-Times [5X] The Average US Household/Family Income
a/o Fifteen Times [15X] The US Poverty Level for a Household/
Family : Annual Recalculation to Adjust for Inflation etc.
-example-
Average Married Family of Four ~$75K * 5X = $375K
-example-
Poverty Level Single + Two Children ~$22K * 15X = $330K
.
.
NOT a Wealth Transfer System -but- A Means of Funding
American Society and the US Government That Is Painless
for the Vast Majority and Affordable for Those Who Can and
Should Pay the Price of a Society that Benefits Them Greatly.
Which Gets Us Back To . . . -drum-roll-please-
Flat Tax PLUS National Tax System Which Is
Necessary For America's Future Financial Health
http://groups.google.com/group/rec.radio.shortwave/msg/581688d9ba14b85b
http://groups.google.com/group/talk.politics.misc/msg/4b2eb3e4f030809e
http://groups.google.com/group/rec.radio.shortwave/msg/8503b113a0f6f083
.
Reduce The Federal Tax and Tax Paper Work Burden For All
http://groups.google.com/group/rec.radio.shortwave/msg/f78ec886a1452bf1
.
*READ*
The Truth Is The Rich Do Not Pay Their Fair-Share :
http://groups.google.com/group/rec.radio.shortwave/msg/bf4f9308219b78e4
Starting With Elimination The "Cap" On The Social
Security Payroll Taxes.
-cause- The High Income Earners and all those who
are making $106.4K per Year are NOT Paying Their
Fair-Share of All Federal Taxes -wrt- Social Security
http://groups.google.com/group/rec.radio.shortwave/msg/341b578f31bc9e41
.
.
YES By Itself It Is : That Is Why This Is A :
Flat Tax "PLUS" National Tax System
- It hits poor people where they can't afford to be hit
YES By Itself It Is : That Is Why This Is A :
Flat Tax "PLUS" National Tax System
There is 'Balance' betweeen the 90% Who Pay 10%
and The 10% Who Pay 90% of All Taxes
- and makes no difference to the wealthy at all.
YES That Is What The "PLUS" Is For !
BpnJ : Obviously You Did Not Read What I Wrote
-wrt- Flat Tax PLUS National Tax System Which Is
Necessary For America's Future Financial Health
http://groups.google.com/group/rec.radio.shortwave/msg/581688d9ba14b85b
http://groups.google.com/group/talk.politics.misc/msg/4b2eb3e4f030809e
http://groups.google.com/group/rec.radio.shortwave/msg/8503b113a0f6f083
-hint- The "Plus" Makes It Progressive and Everyone
Would Pay Their Fair-Share
-remember- It Is Better To Be Flat Taxed PLUS :
Than Flat Broke Period !
http://groups.google.com/group/rec.radio.shortwave/msg/92d80ae81ce3307d
.
Doing-the-Math : Who Can Pay & Who Should Pay
A Gross Excess Income [Flat] Tax & Who Should Simply
Pay-As-They-Go Via A National Sales [Flat] Tax
http://groups.google.com/group/rec.radio.shortwave/msg/a39dab4256ca7f1c
http://groups.google.com/group/rec.radio.shortwave/msg/8a40826bb31ec5a9
.
.
how very 'regressive' of you ~ RHF
.
.
How's aboutcha, Frederick,Maryland?
Yes Suhhhhhh,,,,,
Some Pine Trees blown down across I-55 between Terry and Crystal
Springs.That's about 15 - 20ish miles South of doggy's couch.Tornado
Warning for North part of Simpson County.We gots Stormy weather rollin
around.
cuhulin
Note: This is backwater hick Missy Sippy.It is NOT News anywhere else in
the World!
cuhulin
Three New Navy Ships
http://www.libertypost.org/cgi-bin/readart.cgi?ArtNum=305391
cuhulin