Poor People Don't Pay Enough Taxes - Senator Hatch

[Vince G, CSN MFT]

Do you believe the bottom fifty percent of Americans are paying their fare share of taxes?

The poor are not responsible for the national debt.  They didn't file Chapter 11 bankruptcies like Donald Trump did,  They didn't develop billion dollar Ponzi schemes like Madoff, they didn't buy million dollar houses that they foreclosed on purposely, they didn't buy hedge funds, worthless stocks and bonds, etc.    


The poor pay taxes and they actually end up paying more with the "State Lotteries" which are nothing more than a scheme specifically designed to get money from the poor and desperate.  But ultimately, the national debt should not on their shoulders because they had nothing to do with it.  

The wealthy control the United States, not the poor, so they need to dig deeper because they haven't.  They are lucky Ronald Reagan isn't in office because taxes then were much higher for the wealthy than it is now

[Tre]

WTF is wrong with you?   They dont pay anything and soak up most of the benes. 

Assuming all standard deductions, how much federal income tax does a family of 8 (2 adults, 6 children) pay when they have an income of $120,000/year?

[JBGRAY]

Unless you are a child or are hit with a serious illness or injury, you are poor by choice if you live in the US.  Also, state lotteries are not taxes, nor can they be compared to them.  Lottos, casinos, etc...are simply bad decisions made by poor people who choose to remain poor. A decision to purchase lottery tickets is not an act of desperation............. .it is an act of stupidity.  Ignore = poverty.

I'm not defending the rich by any means, but they still do pay the large bulk of overall taxes.  Corporate taxes in the US are the highest in the world as it stands......not very competitive in an increasingly globalized world.  Yes, Wall Street was responsible for many of our economic woes, but not solely so.  Government on all levels, private business decisions, fraud, and bad choices by the citizenry at large are also at fault.  As far as the mortgage crisis goes, who forced someone to purchase a $500k home when they make $30k a year?  

[grab an umbrella]

Yes. The enlarging of the gap between the rich and poor in this country is appalling. We need to return the tax rate for the wealthy back to 1960s era tax rate.

I think politicians who disagree with this are only seeking campaign contributions to get reelected. That is why we need a huge reform on campaign finance. It undermines the ideal of democracy. I think non-politicians who disagree with this are A) Rich themselves or B) Hope to become Rich one day (but let's be honest, most likely won't).

I'm having trouble finding the numbers, what was the tax rate on the wealthy in the 60's?

[Mr. Magoo]

Unless you are a child or are hit with a serious illness or injury, you are poor by choice if you live in the US.  Also, state lotteries are not taxes, nor can they be compared to them.  Lottos, casinos, etc...are simply bad decisions made by poor people who choose to remain poor. A decision to purchase lottery tickets is not an act of desperation............. .it is an act of stupidity.  Ignore = poverty.

I'm not defending the rich by any means, but they still do pay the large bulk of overall taxes.  Corporate taxes in the US are the highest in the world as it stands......not very competitive in an increasingly globalized world.  Yes, Wall Street was responsible for many of our economic woes, but not solely so.  Government on all levels, private business decisions, fraud, and bad choices by the citizenry at large are also at fault.  As far as the mortgage crisis goes, who forced someone to purchase a $500k home when they make $30k a year?  

Wow. Where to begin. Let's see here. First of all, one's intelligence is strongly determined by age 5. Depends on nutrition, time spent being read to, genetics, etc etc. These are not the child's choices. The school that a child goes to is not a choice. It depends on location and financial status of parents, etc. Then what skills and abilities one learns at school is not up to the child. The ability to understand Math for example, is not by choice. It is by the "natural lottery". Some naturally are able to understand complex equations while others are able to write hilarious jokes, etc etc. These are not by choice, just like you did not choose what race you are. Society tends to reward people who have recieved certain skills and abilities in the natural lottery while ignoring or punishing others. If we shouldn't discriminate on race because of not having a choice, then why discriminate on who gets lucky in the natural lottery in terms of what skills and abilities they have. Also, a person does not choose job availability in the area they live in. For example, there are some people who went to UNC law school who are now unemployed. They did not choose to be unemployed, there simply aren't jobs for them to have, despite being blessed by the natural lottery, having rich parents, getting a good degree, etc. The sentence of yours in bold is wrong on so many levels.

[Mr. Magoo]

Unless you are a child or are hit with a serious illness or injury, you are poor by choice if you live in the US.  Also, state lotteries are not taxes, nor can they be compared to them.  Lottos, casinos, etc...are simply bad decisions made by poor people who choose to remain poor. A decision to purchase lottery tickets is not an act of desperation............. .it is an act of stupidity.  Ignore = poverty.

I'm not defending the rich by any means, but they still do pay the large bulk of overall taxes.  Corporate taxes in the US are the highest in the world as it stands......not very competitive in an increasingly globalized world.  Yes, Wall Street was responsible for many of our economic woes, but not solely so.  Government on all levels, private business decisions, fraud, and bad choices by the citizenry at large are also at fault.  As far as the mortgage crisis goes, who forced someone to purchase a $500k home when they make $30k a year?  

I didn't read the rest of your post the first time because I was struck by the first sentence. The part in bold is correct if you talk about overall numbers, but is wrong when talking about in proportion to their income. That is the issue here, taxes in proportion to income.

[Vince G, CSN MFT]

Unless you are a child or are hit with a serious illness or injury, you are poor by choice if you live in the US.  Also, state lotteries are not taxes, nor can they be compared to them.  Lottos, casinos, etc...are simply bad decisions made by poor people who choose to remain poor. A decision to purchase lottery tickets is not an act of desperation............. .it is an act of stupidity.  Ignore = poverty.

I'm not defending the rich by any means, but they still do pay the large bulk of overall taxes.  Corporate taxes in the US are the highest in the world as it stands......not very competitive in an increasingly globalized world.  Yes, Wall Street was responsible for many of our economic woes, but not solely so.  Government on all levels, private business decisions, fraud, and bad choices by the citizenry at large are also at fault.  As far as the mortgage crisis goes, who forced someone to purchase a $500k home when they make $30k a year?  

Yes, its an act of stupidity but its also one that that state governments sponsors, benefits, and advertises on TV. Its exploitation of the poor because the vast majority of people who buy a lottery ticket.  The rich don't buy lottery tickets.  The lottery is a sham and taking money from the poor, uneducated, and desperate is wrong.


And who benefits from a person making 30k to buy a 500k houses?  Its not the person buying the house or even the real estate agent who sold him the house but the wealthy real estate investors and banks that collect the interest fees from the person who tries in vain to pay for it but still ends up getting foreclosed on and thrown out of the house where they can shove it off to the next sucker....

[Grape Ape]

Assuming all standard deductions, how much federal income tax does a family of 8 (2 adults, 6 children) pay when they have an income of $120,000/year?

Legit question - what is the AMT threshold currently at?

[chaos]

Politics/religion/sex

[Dr Dutch]

You Americans pay so little taxes, you should count yourselves lucky...unless you lose your jobs of course..

[Coach is Back!]

Sure, lets elect Bachmann and ban all pornography and ignore the 1st Amendment freedom of speech....  

You mean like when liberals have the agenda to shut down conservative talk radio and cable? Think before you post up such bullshit.

[Mr. Magoo]

If you live in America and are poor, it a life choice.

http://www.getbig.com/boards/index.php?topic=388223.msg5447974#msg5447974

[Soul Crusher]

You mean like when liberals have the agenda to shut down conservative talk radio and cable? Think before you post up such bullshit.

9.2% UE, 16% real UE, 20% UE with part time people looking for full time, and these 95ers, gays, jews, guilt ridden white commies, govt hacks, etc trash Bachmann?  

LMFAO  

Obamanomics = communism and collapse  

[The Showstoppa]

No representation without taxation.

[jakew300]

I don’t really like President Obama’s policies but the economy is not all his fault.  It is the American people not buying American made things.  Look around your house and see how much stuff is made in a different country.

[Vince G, CSN MFT]

You mean like when liberals have the agenda to shut down conservative talk radio and cable? Think before you post up such bullshit.

Its not bullshit Joe.  She signed a pledge to ban all pornography.  


BTW, here's the truth on that 51%....

http://www.politifact.com/truth-o-meter/statements/2011/jul/08/john-cornyn/john-cornyn-says-51-percent-american-households-pa/

[Soul Crusher]

Its not bullshit Joe.  She signed a pledge to ban all pornography. 

you lie! 

[wes]

Fuck Hatch and fuck taxes!   

[wes]

If you live in America and are poor, it a life choice.

Right.
 

[tonymctones]

something like 50% of the country doesnt pay taxes...in fact many get money back

guess everybody here is cool with that?

[The Abdominal Snoman]

Poor people pay out through the criminal justice system and the lottery. Not to mention keep places like Walmart unbelievably profitable.

[GigantorX]

something like 50% of the country doesnt pay taxes...in fact many get money back

guess everybody here is cool with that?

50% of this nation have ZERO income tax liability. They pay "Taxes" and then get most if not all of it back with the refund or the EITC. Many get more back than they paid in through direct welfare, assistance, deductions, food stamps and on and on. 64% of Americans are actually getting some sort of transfer payments from the government.

In affect, the poor don't pay any income taxes. Most of the tax burden falls on the top 15%

[Mr. Magoo]

50% of this nation have ZERO income tax liability. They pay "Taxes" and then get most if not all of it back with the refund or the EITC. Many get more back than they paid in through direct welfare, assistance, deductions, food stamps and on and on. 64% of Americans are actually getting some sort of transfer payments from the government.

In affect, the poor don't pay any income taxes. Most of the tax burden falls on the top 15%

 

you're joking right?

[GigantorX]

you're joking right?

Which part of the facts that I posted are "wrong"?

-Do the top brackets not shoulder the vast majority of the income tax burden?
-Does 50% of the nation not have zero income tax liability?
-Do 64% of the nation not receive some sort of govt. assistance?
-Is there not an EITC?

The above 4 points aren't jokes although I wish they were.

[Mr. Magoo]

Which part of the facts that I posted are "wrong"?

-Do the top brackets not shoulder the vast majority of the income tax burden?
-Does 50% of the nation not have zero income tax liability?
-Do 64% of the nation not receive some sort of govt. assistance?
-Is there not an EITC?

The above 4 points aren't jokes although I wish they were.

The top brackets do not shoulder the vast majority of the tax burden in relation to their income. Those that receive gov assistance do not receive more than they pay in. More than half of the people on welfare work 2 or more jobs. Your conclusion that the rich are doing enough and the poor have it easy is not valid.