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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSpot the logic problem with this "devastating" Republican spin
In a second report, the CBO said that in both 2008 and 2009, the highest-earning 20 percent of taxpayers paid 94 percent of the total income tax burden up from 86 percent in 2007, and 81 percent before the 2001 tax cuts. In other words, higher-income Americans have been paying a bigger and bigger part of the total tax burden under the so-called Bush tax cuts.http://portman.senate.gov/public/index.cfm/press-releases?ID=5e90efa5-355b-4cd2-8908-42c510de959f
I wonder why higher income people are paying more in more of the income tax. It's almost like they are getting more and more of the income hmm...
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Spot the logic problem with this "devastating" Republican spin (Original Post)
Johonny
Jul 2012
OP
orpupilofnature57
(15,472 posts)1. Water is wet unless it's ice.
Response to Johonny (Original post)
bupkus This message was self-deleted by its author.
Response to Johonny (Original post)
bupkus This message was self-deleted by its author.
OverseaVisitor
(296 posts)4. Yes they are getting more income
&list=FL_ywfvIR2JrnMuZt33y7QYQ&index=1&feature=plpp_video
But they do want to pay their share
The general public get poorer.
Hence the increase in household debt.
The more services you cut that actually help the people the more they hurt.
Certain services cannot be for profit, however if such services are privatized then profit motivation will generally force up prices.
eg utilities cost, medicine and medical services, education etc. Everyone need them except that the propotion of such shoul and must not be the entire household income ( Refer Elizabeth Warren Video and changes and trend in how American spend their household income - just too lazt to look for it )
Of course with an increasing share of the income they end up paying more. Bush tax cut cannot be extended. In fact the taxes must be raised to maintain the services. Yes it is bailing out the people. If bailing out the financial sector is so easy why should bailing out the people be any different.
But they do want to pay their share
The general public get poorer.
Hence the increase in household debt.
The more services you cut that actually help the people the more they hurt.
Certain services cannot be for profit, however if such services are privatized then profit motivation will generally force up prices.
eg utilities cost, medicine and medical services, education etc. Everyone need them except that the propotion of such shoul and must not be the entire household income ( Refer Elizabeth Warren Video and changes and trend in how American spend their household income - just too lazt to look for it )
Of course with an increasing share of the income they end up paying more. Bush tax cut cannot be extended. In fact the taxes must be raised to maintain the services. Yes it is bailing out the people. If bailing out the financial sector is so easy why should bailing out the people be any different.
OverseaVisitor
(296 posts)5. Ooops
This video but above video also give a factual view of where the world is today
Canuckistanian
(42,290 posts)6. Why can't they understand this simple point?
They pay the most because they have the most money.
Kinda obvious, no?