Gravitymaster 0 #1 April 17, 2012 http://www.cbpp.org/cms/index.cfm?fa=view&id=3505 Quote Share this post Link to post Share on other sites
DanG 1 #2 April 17, 2012 Interesting article. Did you read it? I somehow doubt it. Salient point: QuoteThe fact that most people who don’t owe federal income tax in a given year do pay substantial amounts of other taxes — and also are net income taxpayers over time — belies the claim that households that do not owe income tax in a given year will form bad policy judgments because they “don’t have any skin in the game.” - Dan G Quote Share this post Link to post Share on other sites
Gravitymaster 0 #3 April 17, 2012 Quote Interesting article. Did you read it? I somehow doubt it. Salient point: Quote The fact that most people who don’t owe federal income tax in a given year do pay substantial amounts of other taxes — and also are net income taxpayers over time — belies the claim that households that do not owe income tax in a given year will form bad policy judgments because they “don’t have any skin in the game.” Quote Share this post Link to post Share on other sites
DanG 1 #4 April 17, 2012 Brilliant response, as usual. - Dan G Quote Share this post Link to post Share on other sites
mnealtx 0 #5 April 17, 2012 QuoteBrilliant response, as usual. As opposed to 'there's other taxes than income tax' when the subject is, in fact, income tax - as usual.Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
SkyDekker 1,465 #6 April 17, 2012 Quotewhen the subject is, in fact, income tax Really? Title of this thread says nothing about Income Taxes. More than one way to Re-Distribute Income. Quote Share this post Link to post Share on other sites
mnealtx 0 #7 April 17, 2012 QuoteQuotewhen the subject is, in fact, income tax Really? Title of this thread says nothing about Income Taxes. More than one way to Re-Distribute Income. Every American of working age knows what April 15th is. Keep dancing.Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
SkyDekker 1,465 #8 April 17, 2012 QuoteEvery American of working age knows what April 15th is. Yeah Income taxes are due. But there is more than one way to Re-Distribute Income, as the information linked clearly outlines. QuoteKeep dancing. Indeed. Quote Share this post Link to post Share on other sites
mnealtx 0 #9 April 17, 2012 QuoteQuoteEvery American of working age knows what April 15th is. Yeah Income taxes are due. But there is more than one way to Re-Distribute Income, as the information linked clearly outlines. I never said there wasn't. Amazing how all those other taxes become immaterial when the subject is the rich paying their fair share, though. QuoteQuoteKeep dancing. Indeed. More ankle, Dekker...that right foot is a bit lagging.Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
SkyDekker 1,465 #10 April 17, 2012 QuoteAs opposed to 'there's other taxes than income tax' when the subject is, in fact, income tax - as usual. This was your quote. The link in the OP talks specifically how people who do not pay federal income tax, still contribute significantly in taxes. QuoteAmazing how all those other taxes become immaterial when the subject is the rich paying their fair share, though. This is how one knows Mike is losing an argument. He starts throwing out red herrings. Quote Share this post Link to post Share on other sites
kallend 2,147 #11 April 17, 2012 QuoteQuoteQuotewhen the subject is, in fact, income tax Really? Title of this thread says nothing about Income Taxes. More than one way to Re-Distribute Income. Every American of working age knows what April 15th is. Taxes are due April 17 in 2012. Please try to keep up.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
kelpdiver 2 #12 April 17, 2012 QuoteQuoteQuotewhen the subject is, in fact, income tax Really? Title of this thread says nothing about Income Taxes. More than one way to Re-Distribute Income. Every American of working age knows what April 15th is. Keep dancing. he pointed out the obvious here. Sales taxes are redistribution, it's a regressive tax. Social Security, otoh, is effectively progressive - the lower contributors take a higher return then the highest contributors. Gas taxes - regressive. Cigarrette taxes - highly regressive. Quote Share this post Link to post Share on other sites
mnealtx 0 #13 April 17, 2012 QuoteQuoteQuoteQuotewhen the subject is, in fact, income tax Really? Title of this thread says nothing about Income Taxes. More than one way to Re-Distribute Income. Every American of working age knows what April 15th is. Taxes are due April 17 in 2012. Please try to keep up. Since you're all about 'keeping up', how about you show where I specifically mentioned 2012 instead of the general date?Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
rehmwa 2 #14 April 17, 2012 Quotehe pointed out the obvious here. Sales taxes are redistribution, it's a regressive tax. Social Security, otoh, is effectively progressive - the lower contributors take a higher return then the highest contributors. Gas taxes - regressive. Cigarrette taxes - highly regressive. you make the statement that redistribution is founded on an assumption that proportional payment rather than absolute payment is the basis for price and tax that's not absolute, that's a personal opinion Bill Gates buys a gallon of gas, Joe Plumber buys a gallon of gas - they pay the exact same amount in sales tax - how on earth can you call sales taxes "redistribution" in any way? redistribution is government moving money from one group to another when 'another' did nothing to earn it ... Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants Quote Share this post Link to post Share on other sites
kelpdiver 2 #15 April 17, 2012 if you believe in proportional taxation, then what each person pays in taxes should be matched to what they earned. IE, if the lowest 20% has 3% of the income, they should pay 3% of the taxes. If the top 20% gets 70% of the income, they should pay 70% of the taxes. While income taxes are progressive, the sales and gas taxes are not. Having a 90th% pay the same amount as a 5% is an income transfer. So the point being made was while Federal taxes redistribute in one direction, there are other taxes that go the other, and can't completely ignore them out of convenience. Quote Share this post Link to post Share on other sites
kallend 2,147 #16 April 17, 2012 Quote While income taxes are progressive, Except, apparently, for the super rich.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Gravitymaster 0 #17 April 18, 2012 QuoteBrilliant response, as usual. I think it was a very appropriate response. Quote Share this post Link to post Share on other sites
Gravitymaster 0 #18 April 18, 2012 Quote Quote Quote Quote when the subject is, in fact, income tax Really? Title of this thread says nothing about Income Taxes. More than one way to Re-Distribute Income. Every American of working age knows what April 15th is. Keep dancing. he pointed out the obvious here. Sales taxes are redistribution, it's a regressive tax. Social Security, otoh, is effectively progressive - the lower contributors take a higher return then the highest contributors. Gas taxes - regressive. Cigarrette taxes - highly regressive. Of course there are a myriad of other way taxes are collected. But this is the day I have chosen to celebrate. Quote Share this post Link to post Share on other sites
kelpdiver 2 #19 April 18, 2012 QuoteQuote While income taxes are progressive, Except, apparently, for the super rich. uh, no, the brackets don't bend backwards for the super rich. income taxes are on income. capital gains and dividend taxes are on those things. Quote Share this post Link to post Share on other sites
kallend 2,147 #20 April 18, 2012 QuoteQuoteQuote While income taxes are progressive, Except, apparently, for the super rich. uh, no, the brackets don't bend backwards for the super rich. income taxes are on income. capital gains and dividend taxes are on those things. The super rich can take deductions that are not available to those of more modest means.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
kelpdiver 2 #21 April 18, 2012 QuoteQuoteQuoteQuote While income taxes are progressive, Except, apparently, for the super rich. uh, no, the brackets don't bend backwards for the super rich. income taxes are on income. capital gains and dividend taxes are on those things. The super rich can take deductions that are not available to those of more modest means. such as? Don't forget the AMT applies. Quote Share this post Link to post Share on other sites
