World welcomes Obama win

[volinbham]

Some more tax info:

Guess Who Really Pays the Taxes — The American, A Magazine of Ideas

 

[MG1968]

Wow, 5% of the people paying over 50% of the taxes.

not only that, but Exxon corporation paid more in taxes in one year than 150 million Americans combined.

 

[myrobbins7]

I do I do. How many Derbys did it win:whistling:

Big Brown!!!!!!!! :rock:

 

[VolunteerHillbilly]

I do I do. How many Derbys did it win:whistling:

Notice it is no longer the mascot.

 

[Fine Vol]

Notice it is no longer the mascot.

Its a dog right?lol:

 

[allvol123]

Very disappointing stuff. Not only that, I recently figured out my older brother who has worked for the DOE for 20 years is a socialist. I think the government mentality gets to people.

 

[volinbham]

In 2005, the numbers are even more skewed.

The top 5% paid 59.67% of taxes on 35.7% of income.

 

[VolDad]

The top 1% pay something like 35% of the taxes.

Who Pays What Taxes

Who Pays Income Taxes? See Who Pays What

 

[TennNC]

You can't be serious!

I'll make a bet with you that someone making less than the average U.S. HHI doesn't see an income tax hike under Obama.

 

[Fine Vol]

Dont make me call TRUE FAN UP IN HERE!!!!!!

 

[MG1968]

I'll make a bet with you that someone making less than the average U.S. HHI doesn't see an income tax hike under Obama.

maybe not, but after Obama is finished taxing the Oil companies into oblivion the price of a gallon of gas will be $10 and the poor will hit even harder than they are now, unless the Obamassiah comes up with a comprehensive socialized fuel program.

 

[TennNC]

In 2005, the numbers are even more skewed.

The top 5% paid 59.67% of taxes on 35.7% of income.

And what's the point?

 

[MG1968]

And what's the point?

to quote Obama, "it's not fair."

 

[myrobbins7]

Dont make me call TRUE FAN UP IN HERE!!!!!!

:birgits_giggle:

 

[TennNC]

maybe not, but after Obama is finished taxing the Oil companies into oblivion the price of a gallon of gas will be $10 and the poor will hit even harder than they are now, unless the Obamassiah comes up with a comprehensive socialized fuel program.

Well, I can't argue against that since it hasn't happened yet. But I can tell you that gas prices have gone up about 300% since Bush became president.

 

[allvol123]

Well, I can't argue against that since it hasn't happened yet. But I can tell you that gas prices have gone up about 300% since Bush became president.

How much did they go up in 1 year under Pelosi and friends?

 

[volinbham]

And what's the point?

Just answering the question of percent tax paid and percent income earned. I'll leave it to everyone to draw their own conclusions from the information.

 

[OrangeEmpire]

And what's the point?

You should be punished for being sucessful!

Nice!

 

[OrangeEmpire]

Well, I can't argue against that since it hasn't happened yet. But I can tell you that gas prices have gone up about 300% since Bush became president.

I can't help it that our government and special interest groups will not let us be self sufficient.

This has been a problem for 40 years and you are blaming it on Bush?

 

[Chemvol]

maybe not, but after Obama is finished taxing the Oil companies into oblivion the price of a gallon of gas will be $10 and the poor will hit even harder than they are now, unless the Obamassiah comes up with a comprehensive socialized fuel program.

When Obama has his landmark summit w/ Ahmadinejad, he can ask how that works.

 

[VolDad]

And what's the point?

The point is that the bottom 50% only pay 3% of income taxes. Democrats will have you believe that this group pays most of the taxes and top income earners pay nothing.

 

[Plano Vol]

I just dislike anything or anyone who's name ends in bama.

 

[Fine Vol]

or USH

 

[Plano Vol]

no, there's always room for quality tush

 

[TennNC]

to quote Obama, "it's not fair."

Well, the top income earners shouldn't cry about paying a greater % of taxes, because one of the reasons they're making this much money is that there are a lot of people under them making a hell of a lot less than they are. I'd much rather pay 33% making 200K than 15% taxes making $30K. And the truth is, you can't have one without the other.