Impeding changes to our Health Care system

[TheMercenary]

Originally Posted by DanaC

Ahahahahahaha. I'm sorry. In what strange bizarro world are your views leftist?

You mean my generalized support for legalization of drugs or gay marriage? The right of a woman to choose to do with her body as she wishes without interference from the government? Or how about my opposition to Eminent Domain Laws? Shit, you don't know a fucking thing about me....

[DanaC]

Originally Posted by TheMercenary

You mean my generalized support for legalization of drugs or gay marriage? The right of a woman to choose to do with her body as she wishes without interference from the government? Or how about my opposition to Eminent Domain Laws? Shit, you don't know a fucking thing about me....

Ok, fair enough. I can see you hold some socially progressive views. Though, aside from legalisation of drugs, most of that is centre politics (in the UK, don't know about the US). It's only the raving rightwingers and devoutly religious that don't support the woman's right to choose, in my experience.

[SamIam]

Originally Posted by TheMercenary

How do you know what I am or am not interested in? I am very interested in these programs because I have been paying into them since I was 15 years old.

You are certainly interested in the Federal Income Tax enough to make quite a few posts concerning it. I don't notice you displaying the same amount of concern over FICA. Income Tax rates are what seems to tie your knickers into a knot.

Originally Posted by TheMercenary

Ok, define that. What is the ceiling income that places one in this group of cats? Where does it start, where does it end?

According to the most recent edition of Old Possum's Book of Practical Cats which reflects the latest statistics from the 2010 census:

A Pleasingly Plump Cat has an income well over the amount where Cats are required to start paying the Federal Income Tax. They often prefer imported catnip and may own a boat or a yacht. The Pleasingly Plump Cat can be differentiated from the Fat Cat because Fat Cats, unlike Pleasingly Plump ones, own Leer Jets and tend to stash their financial holdings in offshore accounts in places like the Caymen Islands. The Pleasingly Plump Cat does not like to be waxed.

Originally Posted by TheMercenary

What investments do I have and where are they invested?

That is absolutely none of my business. However, I think we can safely assume that you don't keep your savings in a sock under your matress.

Originally Posted by TheMercenary

Why would a pinch at one level be any different from a pinch at another level when the bite becomes bigger and bigger as income increases, thereby placing the majority of all income tax burden on a small group (minority) and little to none on another (majority) group? That is wealth redistribution and I don't support it.

First of all, let us keep in mind that the percentage of those who do NOT pay income tax is 47%. So 53% of Americans do pay the tax. Plus, this situation is a TEMPORARY one brought about by the recession and the measures enacted to stimulate economic recovery. In a more typical year, 35 percent to 40 percent of households do not pay federal income tax. And as I and others have already reminded you, income tax is simply one of a number of taxes that people pay. It is disingenuous to state that of all taxes, only the federal income tax matters.

86% percent of working households pay more in payroll taxes than in federal income tax. In fact, low- and moderate-income people pay a much larger share of their incomes in federal payroll taxes than high-income people do: taxpayers in the bottom 20 percent of the income scale paid an average of 8.8 percent of their incomes in payroll taxes in 2007, compared to just 1.6 percent for taxpayers in the top 1 percent of the income distribution. I am including a fun chart for you to look at.

The above info comes from the Center for Budget and Policy Priorities. http://www.cbpp.org/cms/index.cfm?fa=view&id=3505

Oh, and 20% of all taxes go to the military. So you are transferring a portion of your wealth (if you want to look at it that way, to the men and women who serve our country, giving their lives at the whim of some politician. Supporting our troops seems like the very least we can do, and I am surprised that you make no mention of this when discussing where OUR tax dollars go.

I was going to address the rest of your post, but I’m at work and lots of tourists are coming in wanting rooms, so I need to get off the computer.

[TheMercenary]

Originally Posted by SamIam

You are certainly interested in the Federal Income Tax enough to make quite a few posts concerning it. I don't notice you displaying the same amount of concern over FICA. Income Tax rates are what seems to tie your knickers into a knot.

True, entitlement programs as big as these will have to be dealt with separately. Their time will come.

[TheMercenary]

Originally Posted by SamIam

That is absolutely none of my business. However, I think we can safely assume that you don't keep your savings in a sock under your matress.

True, but it is in other places. Not in Stock, bonds, and the other BS you projected. Thanks.

[SamIam]

Originally Posted by TheMercenary

True, but it is in other places. Not in Stock, bonds, and the other BS you projected. Thanks.

Well, there you have it. FICA is also not collected on unearned income, but the federal income tax is. That's why you are so riled up about income tax. You have become so fixated on this that you are unable to hear anything else about our TOTAL system of taxation, and who really pays and how much they pay.

Oh, PS: the BS I projected was "stocks, bonds, real estate, etc." So it's BS to think you are buying (or have bought) your own home (real estate)? Whatever. And I don't know what you're thanking me for, but you're welcome.

[TheMercenary]

Originally Posted by SamIam

Y
First of all, let us keep in mind that the percentage of those who do NOT pay income tax is 47%. So 53% of Americans do pay the tax. Plus, this situation is a TEMPORARY one brought about by the recession and the measures enacted to stimulate economic recovery. In a more typical year, 35 percent to 40 percent of households do not pay federal income tax. And as I and others have already reminded you, income tax is simply one of a number of taxes that people pay. It is disingenuous to state that of all taxes, only the federal income tax matters.

It matters to me because it is the only one currently under attack by Obamy and his Marxist Fucks at the Fed.

86% percent of working households pay more in payroll taxes than in federal income tax. In fact, low- and moderate-income people pay a much larger share of their incomes in federal payroll taxes than high-income people do: taxpayers in the bottom 20 percent of the income scale paid an average of 8.8 percent of their incomes in payroll taxes in 2007, compared to just 1.6 percent for taxpayers in the top 1 percent of the income distribution.

What is important is that we all pay the same percent of our income for it to not be a wealth redistribution plan where 53% of the population is invested and 47% are not. I am sure that will change when Obama and his minions give amnesty to 35 million Demoncratic illegal aliens.

Oh, and 20% of all taxes go to the military. So you are transferring a portion of your wealth (if you want to look at it that way, to the men and women who serve our country, giving their lives at the whim of some politician. Supporting our troops seems like the very least we can do, and I am surprised that you make no mention of this when discussing where OUR tax dollars go.

Duh... I am a retired military person....

[Fair&Balanced]

Originally Posted by TheMercenary

...
What is important is that we all pay the same percent of our income for it to not be a wealth redistribution plan where 53% of the population is invested and 47% are not. I am sure that will change when Obama and his minions give amnesty to 35 million Demoncratic illegal aliens.

....

You made it clear that you dont really care if paying the same percentage is good public policy or would most likely have a adverse impact on most families and probably on the economy as well. IMO, that's the problem with putting ideology above all else.

Oh, and 35 million illegal immigrants?

[TheMercenary]

Originally Posted by Fair&Balanced

You made it clear that you dont really care if paying the same percentage is good public policy or would most likely have a adverse impact on most families and probably on the economy as well. IMO, that's the problem with putting ideology above all else.

Hard choices will have to be made to close all the loopholes. "Good public policy" = "Can I get my guy re-elected". It is about raising revenue, not what is going to be the least painful for all involved.

[TheMercenary]

Originally Posted by Fair&Balanced

Oh, and 35 million illegal immigrants?

I stand corrected, 20million is more correct. As long as you don't include children naturalized from illegal parents.

http://ohmygov.com/blogs/general_new...0-million.aspx