Where do you get off saying that half the country pays nothing? 99% of the individuals in this country pay taxes, whether in the form of federal income tax, state income taxes, payroll taxes, self employment taxes, gas taxes, telecommunication taxes, sales taxes, and on and on. You simply don't have a clue about how America works.
"Remember to always be yourself. Unless you can be batman. Then always be batman." Unknown
Yet they don't seem to give a hoot that half the country are tax deadbeats.
That is not a fair assessment. Deadbeats is not accurate. What the deal is that if the economy does well then people have the money to pay taxes. IN the early 2000's the city governments were doing so well they were building gorgeous buildings all over and now their are going bankrupt.
BearMtnHIB wrote: I find it ironic that the left bitches - whines- and complains about people like Romney or the 5%- who already pay the vast majority of the income taxes,
Yet they don't seem to give a hoot that half the country are tax deadbeats. How long do you think that the top 5% can keep carrying the weight of the bottom 95%?
How long can we keep paying the bills for half a country that contributes nothing?
In fact we are 16 trillion in the hole right now- and no end in sight.
Answer; not very much longer at all.
If you want to see what America looks like on its current path....again....we have a contemporary example right in California:
In November 2012, California voters will face a total of 11 ballot measures. Most prominent is the budget-easing measure being pushed by Mr. Brown, who wants voters to approve tax increases to head off even more cuts to the state’s already decimated education system — a loss would automatically set off about $5.5 billion in cuts from public schools and $500 million from the state’s public colleges.
Proposition 30, as the measure is called, would increase statewide sales taxes by one-fourth of a cent and impose an income tax surcharge on Californians who earn more than $250,000 annually. The sales tax increase would expire after four years, and the income tax component would last for seven years. Some of the new money would go to public safety programs, like the supervision of parolees.
A defeat could have consequences for the state and for Mr. Brown even beyond forcing deeper cuts in a school system that already ranks 47th in the nation in per-pupil spending. So strenuously has the governor pushed the measure, and so closely has he become linked to it, that a defeat would most likely curb his influence, and might even invite a primary challenge from a younger generation of Democrats. As Mr. Brown approaches the end of his career, his broader legacy is also in play.
The state’s population — over 38 million today from 23.6 million in 1980 — has also meant a growing need for costly services for the poor, especially when revenues are declining.
While the state’s property taxes are below average, its personal income tax rate and levies on capital gains are among the highest; so unlike states that pass the tax burden around, California can become disastrously imbalanced.
Just look to our large neighbor on the West Coast and you can see America's future. A very small number of people are carrying most of the weight in California and they are plum worn out. When these heavy weights stop picking up the tab, the party is over.
California...the model "blue" state, run by Dems who have pretty much squeezed all they can out of the system. California IS America in a few years when this whole envy and class warfare things really takes hold.
California sealed it's own fate when it enacted Prop-13 and choked off the REVENUE that the state government needed to survive. It put more nails in the coffin by enacting a rule that required a 75% majority in the State legislature to enact tax-policy changes.
They are more a victim of their rMoney-like, (TABOR-like) measures that choked off the revenue needed to survive.
California as a harbinger of the U.S. economy? Only if the GOTP has its way... AynRandian fantasy still doesn't work in the real world.
I wonder how many of those active vets, disabled/wounded vets, retired senior citizens, working poor, consider themselves "victims"? It must be a staggering amount...according to RMoney....
In response to Cavuto, Romney agreed that members of the military and seniors are among the Americans who do not pay federal income taxes, but then said, "I do believe we should have enough jobs and enough take-home pay to allow people to pay taxes ... I think people would like to be paying taxes."
Romney's own 2010 federal filing revealed that because of his investment income, he had paid a much lower tax rate than middle-class earners -- 13.9 percent. (He has said he will release his 2011 return this year, but has refused to release any other years' filings.)
Although many seniors lack significant income, aren't subject to federal income tax, and therefore fall into Romney's "victims" class, he told Cavuto, "I'm getting a lot of support from seniors" and "a lot of seniors pay income tax and don't like that Medicare got cut by $716 billion." (In fact, the Obama health care law cut the rate of growth in future Medicare spending, but for providers, not beneficiaries.)
Well, yes...When you're up to your eyeballs in doo-doo, it's time to run to FauxNews... THOSE guys will throw some softball questions...(Why shouldn't they? Two-thirds of the "contributors" are part of the RMoney campaign...)
So, he thinks "people would like to be paying taxes"....???? rofllol Gee, you mean like himself? That whopping 13.9% (that we know about...and the zero that we DON'T know about?...) I wonder if that includes all the offshore money he has stashed in Switzerland, Bermuda and the Caymans?
God, this is hysterical... And the ditto-heads like Cavuto actually let him get away with this.... rofllol
California is revenue choked? 8-10% income taxes, high sales taxes, highest gas taxes in the country, property taxes on inflated real estate, high vehicle registration taxes.......etc, etc. What exactly don't they tax (high), LOL
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