On 12-05-10, ROSS SAUER said to JEFF BINKLEY:


RS>> The only reason they blocked it was because it didn't have a giveaway
RS>> for the richest 2%.


The richest 2% already pay a far higher portion ofthe tax burden than most of
the rest of all taxpayers.


JB> It is a giveaway if you let them keep more of their own money ?  These
JB> folks already pay most of the taxes in this country.


RS>It's not as simple as Rush or Beck claim, (heck, they want that fat tax
RS>cut too,) it's more complex.


Its this simple.....anyone with a decent calculator and a little thought can
do the math for themself.


There are six different income tax brackets.


The top 2% would be in the highest bracket....35% of their income.


If a 2%er makes $100 million dollars, they owe $35 million in income tax.


RS>I call it the "Paris Hilton Tax Cut" because Hollywood
celebrities, where
RS>most of the richest now live, would get the lion's share of the tax cuts.


Show me a "Paris Hilton" tax cut in a $35 million dollar income
tax payment to
the IRS!


Put up against that, a person making $100,000. That person owes 28% of their
income, or $28 thousand.


$28 thousand as opposed to $35 million.


Most wage earners are down in the 15 to 25% range. Their tax payment is not
even close to the top three brackets.



The bracket changes at slightly over $82 thousand, to 28%. Between $82
thousand and just over $171 thousand.


Hussein Obama's magic number...$250,000, is in a 33% tax bracket. That over
one third of what you make, over $83 thousand going to Uncle Sam.


RS>I do know that from 2003-2007 the Bush tax did *NOT* help the economy, and
RS>starting with the housing buuble popping, everything went downhill.


Now.......tell us when the last time was *you* shelled out over one third of
your income in income taxes?


For that matter.....when was the last time *you* had any income that was
taxable?


Income taxes in this country are high enough. So are other taxes.


RS>And there is plenty of blame to go around, republicans and democrats.


RS>But to listen to the right-wing nowadays, "Give fat tax breaks to Paris
RS>Hilton and the economy will magically be all hunky-dory!"


The only thing raising taxes does is generate more income for the government,
which they will then find ways to over-spend. And when they run out of `that'
money, they will borrow even more from communist China.


RS>(Paraphrasing slightly the asshole from South Carolina Jim DeMinted.)


When you put actual numbers out there, and show what a person making $100
million a year actually pays in income tax, the whining about `pay their fair
share of the taxes' seems a little far-fetched.


Why don't you just `qoute' yourself:


"All the authority I need is ignorance." ........Otto Sauer




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*Durango b301 #PE*