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HOW THE TAX SYSTEM REALLY WORKS
Unknown

Posted on 01/08/2003 10:36:42 AM PST by Willing To Listen

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To: Willing To Listen
But thanks to you, the question has just been answered.
21 posted on 01/08/2003 2:05:33 PM PST by Willing To Listen
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To: Revolting cat!
But thanks to you, the question has just been answered.
22 posted on 01/08/2003 2:08:37 PM PST by Willing To Listen
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To: Senator Pardek
I'm just happy that you are not one of those "populists".
23 posted on 01/08/2003 2:11:31 PM PST by Willing To Listen
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To: newgeezer
"Today, 96% of income taxes are shouldered by the top 50% of wage earners. Tomorrow? Figure the top 45%, or 40%. Does this sound like the conservative thing to do?"

You have just unwittingly stumbled upon the Libs' Game Plan. Their plan is to have all the income taxes paid by less than 50% of the voting-age populace. When that happens, they figger, tax cuts as a campaign issue will be OVER.

Jeff Greenfield had a very interesting bit to say on Errin' Brown's NewsNight on CNN last night - especially since it was Jeff Greenfield and that it was CNN. He said that the Dems are barking up the wrong tree on the class warfare angle - that they're still stuck in a kind of late 1940's mentality when refering to the "rich" as those making $100,000 a year. Back then, he said, that was a lot of money - but TODAY it's just a middle-level manager. Plus, he said, there's another angle the Dems are forgetting. The poor may not have much NOW, but they want their KIDS and their GRANDKIDS to be RICH. And they DON'T want their grandkids to be denied a chance to be rich - and then have it all taxed away when they get there.

You can visit CNN's transcript page and find the exact exchange. I was, for once, flabbergasted.

Michael

24 posted on 01/08/2003 2:20:00 PM PST by Wright is right!
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To: Willing To Listen
There was a study done a few years ago that showed some very interesting points.

(1) A who is in the lowest 10th percentile for wealth in any given year (including those persons who are drawing welfare) has less than a 10% chance that they will still be in that situation in 10 years.
Why? See 2.

(2) Most poverty is age related. Most people at the bottom of the income curve are young. Lower class or middle class background, they are poor in their teens and 20's. But as they get older, they work their way up the income curve, acquire property, and do well.

The study found that there were very few "welfare queens" (although of course they exist.) The strongest correlation with wealth was age.

Well, duh!

25 posted on 01/08/2003 2:34:18 PM PST by dark_lord
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To: Wright is right!
You have just unwittingly stumbled upon the Libs' Game Plan. Their plan is to have all the income taxes paid by less than 50% of the voting-age populace. When that happens, they figger, tax cuts as a campaign issue will be OVER.

Sure, as it applies to income taxes. But, their next plan I'm sure involves making payroll taxes progressive. You know, "From each according to his ability...."

Plus, he said, there's another angle the Dems are forgetting. The poor may not have much NOW, but they want their KIDS and their GRANDKIDS to be RICH. And they DON'T want their grandkids to be denied a chance to be rich - and then have it all taxed away when they get there.

Now, if many liberals -- poor or not -- give a hoot about what taxes their grandkids might have to pay, that would surprise me. I'm sure those who do give it any thought rationalize it such that, if their grandkids are fortunate enough to be rich, they'll owe it to their grandkids' less-fortunate contemporaries to shoulder the tax burden, just like today's 'rich' owe it to them. I think Greenfield gives them way too much credit.

26 posted on 01/08/2003 2:47:46 PM PST by newgeezer (A conservative who conserves.)
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To: Willing To Listen
Agreed...it IS most timely. But the last time I heard this was the last time Bush suggested tax cuts. When the demoncraps controlled the Senate (remember "negotiations"?). It should not take ten years for hard working Americans to get back their money from a corrupt and spendthrift government.
They seem to have only one track on their disc. The voters gave Bush FULL control...let's see what he does with it.
Let's bump this for the night shift. :)
27 posted on 01/08/2003 3:28:22 PM PST by jcparks
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To: jcparks
Couldn't agree with you more. They only have one track on their Disc: "tax cuts only favor the rich
28 posted on 01/08/2003 3:46:27 PM PST by Willing To Listen
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To: Willing To Listen
The problem with your explanation is it's still too complicated for some liberals and the rest of the liberals don't care. If you can take this explanation and cut it down to just four to six words then you'll have a workable conservative parable you can counter the "tax cuts only favor the rich" montra with.

i.e.
Tax cuts for the deserved.
Tax cuts for the bill payers.
Reward the payers.
Feed only the horses who are pulling the wagon.
You don't need new horse shoes if you're not pulling the load.
Shut up if you're not pulling your load.
etc.#;^)

29 posted on 01/08/2003 9:46:15 PM PST by Balata
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To: Willing To Listen
How abut this?

TAX CUTS FOR TAXPAYERS!

Has a nice ring to it, doesn't it?

30 posted on 01/08/2003 11:47:52 PM PST by Balata
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To: Balata
TAX CUTS FOR TAXPAYERS

It not only has a nice ring to it, it also says, how can I cut you in on something you're not involved with --- paying taxes.

I like it!
31 posted on 01/09/2003 4:40:39 AM PST by Willing To Listen
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To: Wright is right!
You have just unwittingly stumbled upon the Libs' Game Plan. Their plan is to have all the income taxes paid by less than 50% of the voting-age populace. When that happens, they figger, tax cuts as a campaign issue will be OVER.

Just five years ago the above would have been considered absurd ---- today however, that just might be their plan.

32 posted on 01/09/2003 4:51:26 AM PST by Willing To Listen
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To: zeugma
I marked this up and posted it on my site yesterday.

Find out who wrote it. I almost got sued for doing that once.

33 posted on 01/09/2003 5:03:06 AM PST by AppyPappy (If you can't beat 'em, beat 'em anyway)
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