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Old August 18th, 2011, 11:17 PM   #41
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Originally Posted by brewmenn View Post
So why aren't the Afghanistan and Iraq wars having the same effect?

And WWI was before 1932.
The current wars are different. Back then, we were building everything for the military. They could not get it fast enough. This fueled the US economy. Our economy is in the toilet now because of a bunch shit, way to much to get envolved with now. Value of the dollar dropping, fuel costs rising, taxes rising, food rising, these all contribute to the way things are now. Back in the day, shit was alot simpler!
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Old August 19th, 2011, 01:05 AM   #42
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Originally Posted by L4CX View Post
I'm not saying tax breaks for the rich. I'm just saying that the majority of our country, in my assumption, are not considered 'wealthy'. How much of the majority of that poor actually pay taxes? I'm saying that we should get rid of the Useless tax table and do X% for everybody. It has nothing to do with the rich. It has to do with the poor. Because the poor are a majority of the make up of our country they have a larger ability to create tax revenue. At the moment they pay very little in taxes because of the tax tables but if everybody paid X% you woudl be getting a ridiculously larger amount of Tax revenue from the poor. But at the same time the weatlhy would be paying the same tax and that might even allow them to create more business because they dont' have a higher tax. Seems simple to me.
Lets for the sake of argument assume that "rich" is the top 1% and the "poor" if the bottom 50%. In 2008, the rich made 20% of the income, the poor got 12.26%.source So where is this "ridiculously larger amount of Tax revenue" going to come from?

As I stated earlier, the magic "X" number you keep talking about is 12.24%. That's the nations average tax rate among tax returns.

And once again, if low taxes on the rich lead to more business we should be booming right now. The top tax rate now is lower that it was at any time from 1932 to 1987. That theory just doesn't seem to be working.
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Old August 19th, 2011, 01:09 AM   #43
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Originally Posted by pooleo8 View Post
The current wars are different. Back then, we were building everything for the military. They could not get it fast enough. This fueled the US economy. Our economy is in the toilet now because of a bunch shit, way to much to get envolved with now. Value of the dollar dropping, fuel costs rising, taxes rising, food rising, these all contribute to the way things are now. Back in the day, shit was alot simpler!
Which taxes have gone up?
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Old August 19th, 2011, 01:24 AM   #44
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Which taxes have gone up?
Here are a few things that we are taxed on, that Im sure were not around or have went up since the 1940s

A partial list of the various ways in which citizens of the US are taxed:
•Accounts Receivable Tax
•Building Permit Tax
•Capital Gains Tax
•CDL license Tax
•Cigarette Tax
•Corporate Income Tax
•Court Fines (indirect taxes)
•Deficit spending
•Dog License Tax
•Federal Income Tax
•Federal Unemployment Tax (FUTA)
•Fishing License Tax
•Food License Tax
•Fuel permit tax
•Gasoline Tax
•Hunting License Tax
•Inflation
•Inheritance Tax Interest expense (tax on the money)
•Inventory tax IRS Interest Charges (tax on top of tax)
•IRS Penalties (tax on top of tax)
•Liquor Tax
•Local Income Tax
•Luxury Taxes
•Marriage License Tax
•Medicare Tax
•Property Tax
•Real Estate Tax
•Septic Permit Tax
•Service Charge Taxes
•Social Security Tax
•Road Usage Taxes (Truckers)
•Sales Taxes
•Recreational Vehicle Tax
•Road Toll Booth Taxes
•School Tax
•State Income Tax
•State Unemployment Tax (SUTA)
•Telephone federal excise tax
•Telephone federal universal service fee tax
•Telephone federal, state and local surcharge taxes
•Telephone minimum usage surcharge tax
•Telephone recurring and non-recurring charges tax
•Telephone state and local tax
•Telephone usage charge tax
•Toll Bridge Taxes
•Toll Tunnel Taxes
•Traffic Fines (indirect taxation)
•Trailer Registration Tax
•Utility Taxes
•Vehicle License Registration Tax
•Vehicle Sales Tax
•Watercraft Registration Tax
•Well Permit Tax
•Workers Compensation Tax
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Old August 19th, 2011, 02:55 AM   #45
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Originally Posted by pooleo8 View Post
Here are a few things that we are taxed on, that Im sure were not around or have went up since the 1940s

A partial list of the various ways in which citizens of the US are taxed:
•Accounts Receivable Tax
•Building Permit Tax
•Capital Gains Tax
•CDL license Tax
•Cigarette Tax
•Corporate Income Tax
•Court Fines (indirect taxes)
•Deficit spending
•Dog License Tax
•Federal Income Tax
•Federal Unemployment Tax (FUTA)
•Fishing License Tax
•Food License Tax
•Fuel permit tax
•Gasoline Tax
•Hunting License Tax
•Inflation
•Inheritance Tax Interest expense (tax on the money)
•Inventory tax IRS Interest Charges (tax on top of tax)
•IRS Penalties (tax on top of tax)
•Liquor Tax
•Local Income Tax
•Luxury Taxes
•Marriage License Tax
•Medicare Tax
•Property Tax
•Real Estate Tax
•Septic Permit Tax
•Service Charge Taxes
•Social Security Tax
•Road Usage Taxes (Truckers)
•Sales Taxes
•Recreational Vehicle Tax
•Road Toll Booth Taxes
•School Tax
•State Income Tax
•State Unemployment Tax (SUTA)
•Telephone federal excise tax
•Telephone federal universal service fee tax
•Telephone federal, state and local surcharge taxes
•Telephone minimum usage surcharge tax
•Telephone recurring and non-recurring charges tax
•Telephone state and local tax
•Telephone usage charge tax
•Toll Bridge Taxes
•Toll Tunnel Taxes
•Traffic Fines (indirect taxation)
•Trailer Registration Tax
•Utility Taxes
•Vehicle License Registration Tax
•Vehicle Sales Tax
•Watercraft Registration Tax
•Well Permit Tax
•Workers Compensation Tax
So you don't really know, so you just give a list of taxes with some vague comment that they must have gone up since 1940. I was hoping for (but not expecting) something a little more specific and recent.

BTW the top income tax rate in 1940 was 81.1% compared to 35% now. It peaked at 94% in 1944 and 1945. It's been mostly falling since then.
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Old August 19th, 2011, 03:21 AM   #46
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well I wasnt just specifically trying to make a case for federal income tax. I am unable to find data for or against the list above. I can assure you that alot of those on that list were not around in the 40's
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Old August 19th, 2011, 05:58 AM   #47
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Originally Posted by brewmenn View Post
BTW the top income tax rate in 1940 was 81.1% compared to 35% now. It peaked at 94% in 1944 and 1945. It's been mostly falling since then.
Yes, I would base all of my figures on the lead up and involvement in WWII. That makes perfect sense
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Old August 19th, 2011, 08:04 AM   #48
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Oh how I would love a 12.24% tax.
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Old August 19th, 2011, 09:32 AM   #49
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Oh how I would love a 12.24% tax.
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Old August 19th, 2011, 09:53 AM   #50
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"Carrying the water" for the Oligarchy to let them keep more up front with no incentive(demand) to invest in America has not worked.
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Old August 19th, 2011, 11:05 AM   #51
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Originally Posted by feva4u View Post
Yes, I would base all of my figures on the lead up and involvement in WWII. That makes perfect sense
I didn't pick the date, pooleo8 did. The top tax rate was as high as 91% as recently as 1963 and didn't fall below 50% until 1986. Since then we've just been borrowing from future generations rather than paying for things ourselves.
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Old August 19th, 2011, 11:21 AM   #52
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"Carrying the water" for the Oligarchy to let them keep more up front with no incentive(demand) to invest in America has not worked.
And yet they still believe.
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Old August 19th, 2011, 08:53 PM   #53
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Originally Posted by brewmenn View Post
Lets for the sake of argument assume that "rich" is the top 1% and the "poor" if the bottom 50%. In 2008, the rich made 20% of the income, the poor got 12.26%.source So where is this "ridiculously larger amount of Tax revenue" going to come from?

As I stated earlier, the magic "X" number you keep talking about is 12.24%. That's the nations average tax rate among tax returns.
That percentage is before all the tax deductions and refunds though. If you take all the right steps, both wealthy or not, you can get out of alot of taxes. We need to get rid of that and do one rate. No deductions, no tax breaks.

How much of the tax revenue that comes in get's sent right back out in refunds? Not because those people paid to much in but because they 'qualify' for so many deductions they get paid to fill out thier tax forms. It's ridiculous.

Quote:
And once again, if low taxes on the rich lead to more business we should be booming right now. The top tax rate now is lower that it was at any time from 1932 to 1987. That theory just doesn't seem to be working.
There is more to business then just taxes. The wealthy are wealthy because they are careful with thier money. If they don't think some investment will follow through, they won't invest.
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Old August 22nd, 2011, 07:40 PM   #54
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http://www.breitbart.tv/despicable-m...hem-get-there/

Now this woman hates the Tea Party.
Just think if a conservative said what she said. So much for tolerance from the left and they claim to be extremely tolerant.
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