Democrats and Taxes

demTaxes.jpg

Don't forget: in the minds of Democrats, if you work, produce, and earn money legally, you are "the rich."

Posted by: Ogre at 06:01 PM

Comments

1 Is this a cartoon about Michigan?

Cause them dumocrats here are sure loving raising taxes so much they have done it twice in just a month now.

Posted by: Quality Weenie at November 03, 2007 06:58 PM (BksWB)

2 It's Democrats all around the country, I assure you!

Posted by: Ogre at November 04, 2007 03:12 PM (2WD8n)

3 When I was laid off for almost 5 years, I went to school to better my situation and get to the point I could make a decient living. I went to being a single mom and making barely poverty level. Now I'm at a point where I make decient money and might be able to save enough to retire someday, and the Demonrats want to tax me to death and finance giveaway programs with my money! I guess even though I was a registered Democrat during those years, I was behaving like a Republican, because I never even took so much as a food stamp from the government!

Posted by: HoosierArmyMom at November 05, 2007 06:47 PM (eaqGd)

4 How DARE you try and take care of yourself! Don't you care about The Children? Apparently you don't!

Don't you understand that you're supposed to rely on government to provide you with everything you need from cradle to grave. There's no need to save any money -- just ask government for some! They've got LOTS because of Democrats and tax increases.

Posted by: Ogre at November 05, 2007 06:59 PM (oifEm)

5 ROTFFLMAO!!!! OK, where's the line forming for Hillary Care, and the free money for being born in the USA and the funds to help me get a 401K started... where is it???? Oh crud, did you say I will be paying more taxes to get all of this???

I think this "entitlement thingy" is going to bankrupt the country and the working class. I wonder if I can become a citizen of Burmuda or something... LOL!!!

Posted by: HoosierArmyMom at November 05, 2007 07:17 PM (eaqGd)

6 NO, no, there's no need for a 401K. Instead, just depend on the government to send you a check. THere's no need to save for it, they'll just send it to you.

Hillary Care's line is already forming -- in Massachusetts. Romney's recent forced insurance has literally got people lining up all over the place for their "free" government insurance -- because if they don't get insurance by year's end, the government will arrest them and throw them in jail!

Posted by: Ogre at November 05, 2007 07:19 PM (oifEm)

7 Now THAT is a system for you. It's my understanding they can get all the care they need in the prison infirmary! LOL!!!

Posted by: HoosierArmyMom at November 05, 2007 07:44 PM (eaqGd)

8 And it's "free!"

Posted by: Ogre at November 05, 2007 07:53 PM (oifEm)

9 So why are working people taxed at 43% (28% earned income tax and 15% social security payroll tax) while rich people are taxed just 15% rate ONLY on capital gains (ie, stocks they sold; unrealized capital gains are not taxed?).

Republicans been settin' the tax rates since 1994 ... at least Dems are trying to make taxes more fair to working people.

Posted by: The Tax Man at November 07, 2007 10:25 AM (y2s/z)

10 Not true. There's plenty of opportunity to make taxes fair. There's not more than two politicians in Washington that have ANY desire to make them fair at all.

Posted by: Ogre at November 07, 2007 12:21 PM (oifEm)

11 Are you saying that W-2 employed people who get a paycheck stub do not see 28% of their paycheck withheld for IRS and 15% of their income deducted for FICA??

Please tell me what their paystubs read ...

Posted by: The Tax Man at November 11, 2007 07:46 AM (Cj1+K)

12 I don't know where you get your information about what counts as "rich" but a Wall Street Journal columnist has done fairly good investigative reporting on this subject:

http://blogs.wsj.com/wealth/

But that still begs the question about why you claim W-2 payroll deductions are "not true."

Posted by: The Tax Man at November 11, 2007 08:17 AM (oN/VZ)

13 Please read the entire comment before having your knee-jerk reactions. My "not true" was in response to your claim that Democrats are trying to make taxes "more fair" -- as should have been clear by my sentence that immediately followed "not true."

Posted by: Ogre at November 11, 2007 02:34 PM (2WD8n)

14 Ok, I'm willing to try one more time to get a straight answer from you:

Do W-2 employees have 28% of their paycheck withheld for IRS and 15% of their income deducted for FICA??

Posted by: The Tax Man at November 11, 2007 08:35 PM (O0YsD)

15 Wow. Maybe you are meatbrain in disguise. You sure are having a LOT of trouble reading what I'm typing. I'll try one more time as well:

You claimed that Democrats were working to make taxes more fair in response to the picture at the top.

I said that isn't true -- there are plenty of ways to make taxes honestly fair, but there's only about 2 people in all of Washington DC that are interested in making taxes fair. The Democrat Party is NOT one of them.

Posted by: Ogre at November 11, 2007 09:47 PM (2WD8n)

16 I was trying to settle one point: the current tax system taxes working people 43% (only on incomes below $90,000) and rich people 15% (capital gains) -- do you think the current system is fair?

My understanding is that Democrats have proposed replacing the AMT with a small tax increase on incomes over $200,000.

What's wrong with that?

Posted by: The Tax Man at November 11, 2007 11:15 PM (O0YsD)

17 Because it's unfair -- it very clearly punishes people who are successful. That's just wrong to those who support freedom.

Posted by: Ogre at November 11, 2007 11:30 PM (2WD8n)

18 Ok, but if we leave things "as is", doesn't the current tax system very clearly punish people who must work for a living?

Posted by: The Tax Man at November 12, 2007 03:46 AM (O0YsD)

19 Have you read a single thing I've posted here?

Posted by: Ogre at November 12, 2007 10:25 AM (2WD8n)

20 Yes, the editorial cartoon implies that Democrats are taking aim at the apple but will probably clobber the Middle Class with tax increases.

So I cited a simple example where Middle Class people will receive a tax break when the AMT is abolished and wealthy people (incomes over $200,00/year) will see a slight increase.

I don't know everything that's going on in Congress, but at least as far as AMT goes, the Democratic proposal does seem to target tax breaks for the Middle Class (just the opposite of what your cartoon portrays.)

But have you read a single thing I've posted here? (e.g., "Ok, but if we leave things "as is", doesn't the current tax system very clearly punish people who must work for a living?")

I'm just trying to get your views on some specific issues I've investigated a little bit, rather than platitudes or slogans like "tax and Spend Democrats" without any supporting documentation. (I think you have mentioned elsewhere that Republican politicians spend just as much, or more, than Democratic politicians)

The impression (so far) is that you feel it's OK to tax incomes less than $90,000 at a rate of 43%, while wealthy people pay only about 1/3 as much -- only 15% of their income.

Please let me know how you feel about this inequity (perhaps I missed something). A simple answer to my question might clear up everything and then I'd know where you stand on income/wealth inequality in America .

Maybe we say at some point "Aha! This is where our differences are, and there's no point trying to reconcile that issue any further.

Like abortion -- one either thinks life begins at first breath or life begins at conception. These are gut-level (religious) beliefs and there is no point to debate them any further. Better to discuss a different issue to see if there is any common agreement, or if it boils down to something we can only agree to disagree on that issue.

Or, we might discover that we actually agree on something (like the 3-state solution in Iraq).

Posted by: Robert Rubin at November 13, 2007 08:20 AM (604CD)

21 Wow. I'll type slow:

To tax people more because they work harder isn't fair. I don't comprehend how you can call punishing hard work "fair."

Posted by: Ogre at November 13, 2007 09:45 AM (2WD8n)






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