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"The Richest 1%"

Posted on 01/12/2003 11:13:54 AM PST by StoneColdTaxHater

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To: ATOMIC_PUNK
The top 50% were those individuals or couples filing jointly who earned $26,000 and up in 1999.

Rush plays shell games:
1. it is 26K/per spouse ie median couple makes 52K.
2. Rush conveniently counts the federal tax only, which is a small part of tax budren on the lower 50%.

Sad that many people get bamboozled by so primitive tricks.

101 posted on 01/13/2003 6:51:05 AM PST by A. Pole
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To: cherry
middle income married couples with children are the ones who need some relief in this nation

Oh really? What about the single, childless person? Or the childless married couple?

I NEVER see ANY tax breaks for these two groups. Funny how it works, those paying the most get the least and those paying the least get the most.

GO FIGURE !!


102 posted on 01/13/2003 6:51:09 AM PST by unixfox
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To: unixfox
What about the single, childless person? Or the childless married couple?

It is because it will be the children of other people who will be changing your diapers at old age and work to make your retirement packages viable. Raising children is the most important works one can do - without it the society would stop to exist and had to be replaced by the immigrants from the less business savvy cultures.

103 posted on 01/13/2003 6:57:57 AM PST by A. Pole
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To: A. Pole
You have to be kidding me right? Geez...I'm not even going to ask the next question.


104 posted on 01/13/2003 8:03:38 AM PST by unixfox
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To: LandofLincoln
what bugs me more is that the debate between the rich and poor is preventing us from getting on to the road of reform in taxation

Well, you missidentify the sides in the debate. It is a known social and psychological fact that the people the most harsh toward the poor are those just above them - people of modest means who see themselves as a middle class and try deperately to distance themselves from those just below. I would not be surprised if those who support more redistribution are those with really higher incomes. The very poor do not debate much.

poor people who do not even pay taxes are blocking the entrance ramp

Do you really think that, if the poor get the boot you will get into this entrance ramp toward the riches? Could you elaborate?

105 posted on 01/13/2003 8:29:38 AM PST by A. Pole
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To: ATOMIC_PUNK
Here are the wage earners in each category and the percentages they pay: Top 5% - 56.47% of all income taxes
[...]
The Rich Earned Their Dough, They Didn't Inherit It (Except Ted Kennedy)

One thing I do not understand. Are talking about WAGE EARNERS? What about the wealthy who do not need the wage income, how do they fit into the picture? I see that those statistics exclude regressive taxes like social security or sale tax. Do they exclude also the people on top who do not need to work?

106 posted on 01/13/2003 9:03:26 AM PST by A. Pole
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To: cynicom
If tax cuts are good, why are we borrowing money to finance the government???

If wages are good, why would you borrow money to finance your car, house, boat etc.?

107 posted on 01/13/2003 9:06:54 AM PST by Ditto
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To: A. Pole
Nobody is preventing me from getting on the road to riches. But, the Democrats are preventing the Republicans from reducing the amount of my riches that the government confiscates. I spoke of the road to tax reform, not the road to riches. Let's get real about this argument, the government takes WAY too much of my money and everytime they say that they want to give us some back, someone cries out that the poor are hurt. Poor people aren't complaining, and I do not really hear rich people complaining. It is posturing by politicians. They have no intention of giving us any back, nor do they have any intentions of giving more to someone else. They just want more for themselves.
108 posted on 01/13/2003 10:34:12 AM PST by LandofLincoln
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To: LandofLincoln
I hate paying so much in taxes, but what bugs me more is that the debate between the rich and poor is preventing us from getting on to the road of reform in taxation.

It's not a debate, it's a Gramescian tactic.

They are intentionally playing the rich and the poor against each other, so they can loot us both, and the politicians can line their pockets.

All the conflicts we see - Even Democrat v Republican are mind games, designed to keep us enslaved.

109 posted on 01/13/2003 4:00:01 PM PST by DAnconia55
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To: StoneColdTaxHater
Is anyone else as sick of hearing about the "richest 1%" and their tax cuts as I am?

Tell it to Dubya. HE's the one who keeps stirring up the 'Rats on this issue.
If he'd do something that benefited the rest of us, the 'Rats wouldn't have anything to whine about.

110 posted on 01/13/2003 4:04:09 PM PST by Willie Green (Go Pat Go!!!)
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To: dfwgator
DFWGator replied to Blue Jays:

"How many of those jobs would just end up going to foreign workers in China and India?? Where jobs are created in this country is in small businesses, and as much if not more than taxes, it is stifling over regulation that is killing the expansion of small business in this country."

In my original posts (#62 & #63), I used a manufacturer / factory as an example only. I would concur with you that the majority of meaningful job growth is found in small business. These are the kinds of jobs that increase the tax base and provide for a strong financial foundation for American families.

~ Blue Jays ~

111 posted on 01/13/2003 9:38:39 PM PST by Blue Jays
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