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Re: EXTRA INCOME MEANS A LOT TO MANY AMERICANS

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Message 41 of 63

@Panjandrum wrote:

NOTHAPPENING:   Where did you get the idea that I didn't know there were other taxes, many of them avoidable such as high real estate taxes, high sales taxes, high state income taxes, or even high state inheritance taxes?

 

 

Many low income people have no real estate, are too poor to pay state income taxes, and inheritance taxes? Ha ha. But the many taxes they do pay take a sizeable chunk from their income.

 

If you like paying high taxes, move to a blue state!

 

Right. And the flip side of that is if you hate paying taxes move to a moocher state (red) and let the blue states subsidize you. This is a known fact.


If you haven't learned economics by now, it's just too late.

 

BTW, blue sates have all the giveaway programs causing their high taxation for the moochers.

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Re: EXTRA INCOME MEANS A LOT TO MANY AMERICANS

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Message 42 of 63

If it pleases the court, may we include and ask about trump’s “beautiful” healthcare plan...better coverage and lower costs for healthcare and prescription drugs. 

If any permanent gains for the majority of people (which is questionable) were made via the tax cuts, how much of that is eaten up or even lost due to increases in healthcare, insurance, and prescription drugs? If any gains were made, trump has made sure that they were immediately taken away...that is even if you can afford healthcare insurance. 

Funny that we don’t hear much about that from trump and supporters! Where is the “beautiful” plan?

 

oh the dishonesty

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Re: EXTRA INCOME MEANS A LOT TO MANY AMERICANS

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Message 43 of 63

NOTHAPPENING:   Where did you get the idea that I didn't know there were other taxes, many of them avoidable such as high real estate taxes, high sales taxes, high state income taxes, or even high state inheritance taxes?

 

 

Many low income people have no real estate, are too poor to pay state income taxes, and inheritance taxes? Ha ha. But the many taxes they do pay take a sizeable chunk from their income.

 

If you like paying high taxes, move to a blue state!

 

Right. And the flip side of that is if you hate paying taxes move to a moocher state (red) and let the blue states subsidize you. This is a known fact.

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Re: EXTRA INCOME MEANS A LOT TO MANY AMERICANS

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Message 44 of 63

@Panjandrum wrote:

NOTHAPPENING:  Top 1% are paying 46% of all income taxes and yet you whine?

 

 

Where did you get the notion that income taxes are the only taxes people pay that count?

 

Column: How much do the poor actually pay in taxes? Probably more than you think.

Did you imagine a middle-class person puzzling over their income tax returns? Or maybe a homeowner looking at their property tax assessment? If you are like most Americans, you probably did not think of a mother putting gas in the tank of the family car or a retail worker having wages withheld for Social Security and Medicare. Because people in the United States associate taxpaying with the income tax, they underestimate the costs of the many other taxes they pay — especially the payroll taxes, sales taxes and gas taxes that fall heavily on lower-income people. In reality, low-income Americans pay a lot in taxes, and their role in paying for schools, roads and other public services largely go unrecognized.

 

All told, those in the bottom fifth of earners pay almost a fifth of their income in taxes. According to the Institute on Taxation and Economic Policy, the lowest-income quintile — those making less than $19,000 a year — pay almost 11 percent of their income in state and local taxes. Working people, even if they don’t make enough money to pay federal income tax, also pay payroll taxes that contribute to Social Security and Medicare. And anyone who drives a car pays gas taxes. The old cliché really does hold true — the only thing as inevitable as death are taxes.

 

One fifth of one’s income would be a lot for anyone. But for a low-income family struggling to get by, those costs really add up. “When I go to the store, I’m pinching pennies all the time because we never have enough food and everything,” said one woman in Ohio when I asked about the sales tax. If one’s fiscal contributions are measured in the hardship they impose, the poor are paying dearly.

https://www.pbs.org/newshour/economy/column-much-poor-actually-pay-taxes-probably-think


Where did you get the idea that I didn't know there were other taxes, many of them avoidable such as high real estate taxes, high sales taxes, high state income taxes, or even high state inheritance taxes?

 

If you like paying high taxes, move to a blue state!

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Re: EXTRA INCOME MEANS A LOT TO MANY AMERICANS

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Message 45 of 63

NOTHAPPENING:  Top 1% are paying 46% of all income taxes and yet you whine?

 

 

Where did you get the notion that income taxes are the only taxes people pay that count?

 

Column: How much do the poor actually pay in taxes? Probably more than you think.

Did you imagine a middle-class person puzzling over their income tax returns? Or maybe a homeowner looking at their property tax assessment? If you are like most Americans, you probably did not think of a mother putting gas in the tank of the family car or a retail worker having wages withheld for Social Security and Medicare. Because people in the United States associate taxpaying with the income tax, they underestimate the costs of the many other taxes they pay — especially the payroll taxes, sales taxes and gas taxes that fall heavily on lower-income people. In reality, low-income Americans pay a lot in taxes, and their role in paying for schools, roads and other public services largely go unrecognized.

 

All told, those in the bottom fifth of earners pay almost a fifth of their income in taxes. According to the Institute on Taxation and Economic Policy, the lowest-income quintile — those making less than $19,000 a year — pay almost 11 percent of their income in state and local taxes. Working people, even if they don’t make enough money to pay federal income tax, also pay payroll taxes that contribute to Social Security and Medicare. And anyone who drives a car pays gas taxes. The old cliché really does hold true — the only thing as inevitable as death are taxes.

 

One fifth of one’s income would be a lot for anyone. But for a low-income family struggling to get by, those costs really add up. “When I go to the store, I’m pinching pennies all the time because we never have enough food and everything,” said one woman in Ohio when I asked about the sales tax. If one’s fiscal contributions are measured in the hardship they impose, the poor are paying dearly.

https://www.pbs.org/newshour/economy/column-much-poor-actually-pay-taxes-probably-think

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Re: EXTRA INCOME MEANS A LOT TO MANY AMERICANS

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Message 46 of 63

@myexper wrote:

@NOTHAPPENING wrote:

@Richva wrote:

Especially Donald Trump. He will save approximately $11 Million per year under the new tax rules. Yes indeed, the GOP is the party of the wealthy and self serving.  Oh, and the Russians of course. 


Those that paid the most (taxes) will save the most. Sounds reasonable to anyone that's reasonable.

Your argument is not reasonable when you realize that wealthy people will pay little to no taxes when they take advantage of Donald's massive tax cut hand outs to the wealthy! 


Top 1% are paying 46% of all income taxes and yet you whine?

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Re: EXTRA INCOME MEANS A LOT TO MANY AMERICANS

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Message 47 of 63

    Apparently the author of this thread either doesn't know or wants to try and mislead - as they posted a cartoon as the entirety of their thread.   Well, OK, if that is what the ignoblers accept as information, they can post it and look pretty stupid, but so be it....their choice, as they scream about 1st Amendment stuff.

    Back to the topic - what the author either does not know or wants to bury is the most recent OECD - yes and international group of which the US continues to be tracked and they report that those who are actually seeing the extra income are:    wait for it.   The Top One Percenter's.  

 

     Despite more people being in work than at any time since the onset of the banking crisis a decade ago, the Organisation for Economic Co-operation and Development said wage growth was still “missing in action” across the 35 countries represented by the Paris-based group of wealthy nations.

     The OECD said unemployment rates are now below, or close to, pre-crisis levels across its membership base, which should give workers the right conditions to demand higher pay and better conditions.

      Chart on the report indicates the lack of increase wages in US...but you have to click to see it, says I...or not and just make stuff up.    https://www.theguardian.com/business/2018/jul/04/pay-rises-faster-for-top-1-per-cent-of-earners-in-d...

    

 

PRO-LIFE is Affordable Healthcare for ALL .
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Re: EXTRA INCOME MEANS A LOT TO MANY AMERICANS

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Message 48 of 63

@NOTHAPPENING wrote:

@Richva wrote:

Especially Donald Trump. He will save approximately $11 Million per year under the new tax rules. Yes indeed, the GOP is the party of the wealthy and self serving.  Oh, and the Russians of course. 


Those that paid the most (taxes) will save the most. Sounds reasonable to anyone that's reasonable.

Your argument is not reasonable when you realize that wealthy people will pay little to no taxes when they take advantage of Donald's massive tax cut hand outs to the wealthy! 

DUMP TRUMP AND DITCH MITCH TO MAKE AMERICA GREAT AGAIN!!!
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Re: EXTRA INCOME MEANS A LOT TO MANY AMERICANS

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Message 49 of 63

@Soosie wrote:
Obama toughened labor laws to a enable more people to get overtime pay. Trump overturned it. Is that how much yer boi cares for the working man? eliminating regulations that make your boss provide safe air to breathe at work. and those taxes? they changed the amount of money with held in your pay check... so say goodbye to your refund.

@so it begins. @MLseker........can you tell me what has been eliminated as far as overtime pay? Guess the company I do payroll for did not hear about it. In fact the change we made was to review some of our job descriptions that received premium pay, but not overtime. We transferred approximately 125 employees to hourly, based on the job description and the state they work in. They all get overtime pay. This group came out well. We did find that some prefer to be on a set salaried pay rather than one that varies some pay days.

Employers tend to be remarkably generous with titles when it helps them defraud their employees of overtime pay. One tactic is to declare that the kid pumping gas or jerking sodas is a "manager" and not eligible for overtime.  Federal law prevents this by putting in a salary level which has to be met in order to be exempt from receiving overtime. Obama set this level at $47,476 a year. Businesses sued and now Trump will not defend the new levels so people will lose their overtime pay.   This is why Republicans are the party of the rich. 

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Re: EXTRA INCOME MEANS A LOT TO MANY AMERICANS

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Message 50 of 63
Obama toughened labor laws to a enable more people to get overtime pay. Trump overturned it. Is that how much yer boi cares for the working man? eliminating regulations that make your boss provide safe air to breathe at work. and those taxes? they changed the amount of money with held in your pay check... so say goodbye to your refund.

So it begins. @MLseker........can you tell me what has been eliminated as far as overtime pay? Guess the company I do payroll for did not hear about it. In fact the change we made was to review some of our job descriptions that received premium pay, but not overtime. We transferred approximately 125 employees to hourly, based on the job description and the state they work in. They all get overtime pay. This group came out well. We did find that some prefer to be on a set salaried pay rather than one that varies some pay days.
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