4/13 That's just like the motd these days. I finally got someone cornered
in an argument and someone purges it. But since the guy is too lazy
\_ freeBSD SUCKS!
to figure out our tax code, I think it's my duty to educate him. A
single person making $100k will pay a little over $31k in state and
federal combined and not the 39.5% that some people claim. But we
can see who stands to benefit from this upper class tax cut. Bush
will get back about $40k from retroactive tax relief while Cheney
is a whole other story. But I have sympathy for Cheney. He'll need
that money for future heart surgery so he deserves the millions he
sits on. Incidentally, the upper bracket relief is almost equivalent
to the amount of their money that goes towards debt service (a little
more actually). So instead of dealing with this issue which will
guarantee future long term tax cuts we're giving a massive short-term
tax cut mostly aimed at that 39.5% group.
\_ Uh no. As a percentage of earnings people in the "middle-class"
(earning between 30K and 60K) will get the most tax relief.
People how pay 100K plus in taxes may get back more money, but
as a percentage, thier relief is much lower. And you forget
that the top 1% bares 40% of the tax burden in this country.
They have a right to get back more.
\_ And the top 1% also commands 40% of the political influence
in this country (with the exception of McCain, Fiengold, and
a few other scrupulous people up there). Besides, if you
were to interpret the 14th amendment to mean that there exist
a single fixed rate tax bracket you would still have an
unbalanced ratio. It may not be 1:40 like you said but it
would still be widely uneven. 1% of the population bare 40%
of the tax burden because they make a lot more money too.
I've calculated how this will impact my taxes and it pales
in comparison to what Bush will be getting in return.
Every day I work my ass off more than Bush (who didn't even
take college seriously) ever did. Here I am struggling to
pay rent and he's in the White House waiving his magic wand.
\_ Why? They can afford to pay more. There is no right
to equal taxation in the Constitution.
\_ 14th amendment
\_ Boston Tea Party you moron. You can't make someone
pay 40% of the bill and get 1% of the representation.
\_ as opposed to now, where I pay 40% of the bill, and
get 0% representation?
\_ do you expect the guy earning $6/hr to pay for
the freeway that takes both of you to work so
you can buy his fast-food to save your time? |