and maybe they inherited a shitload from grandaddy, dropped out of high school for a career in amateurish fellatio and shitty over-produced pop-music...
Meanwhile back at Craig Romneys houseHaha very true. I hit my tipping point on that subject right there. Really, only a small amount of the rich are trust fund retards like Paris Hilton. I don't care really, I'm just going to do what many rich American entrepreneurs are doing, get very loaded on cocaine and scotch and flee the country bringing my assets and wealth with.
But for now, I'm stuck working 80 hours a week, going to school full time and having $300 out of each of my checks taken out to give our government money that they will "responsibly use", and helping lazy people be lazy and hate everyone who has money lol. 'MURICA!
Says the little rat who doesn't even grow!
I knew it was just another little cheesy lie.
Because some of the Rich are sociopathic narcissists that take more than they give?
I don't think people have a right to housing or food either, but evidently you do. So be it.
Don't forget about all the local taxes! Provincial income tax is 15%+ in some places, as is the sales tax.
Do you not realize that's already how it is? The average effective federal tax rate for the bottom 40% of earners is already negative--they get money back instead of paying anything--despite getting about 14% of the income in this country. Likewise, the middle quintile has an average federal income tax rate of less than 5% but earns almost 15% of the income in this country. The top two quintiles shoulder almost all of the federal income tax burden right now, no changes to the law necessary.
Most of the poor by defnition take more than they give and there are plenty of sociopathic narcissistic poor people yet you dont seem to hate on them...
What are you talking about? The "average citizen" doesn't pay anything close to 50% of their income in taxes--that's the kind of rate that only the people you're demonizing could possibly pay. Looking at all federal taxes, the average federal tax rate for the bottom 20% in 2009 was 1%; the average rate for the next 20% was 6.8%; the average rate for middle 20% was 11.1%; the average rate for next 20% was 15.1%; and the average rate for the top 20% was 23.2%. The overall average federal tax rate was just 17.1%; the average rate for the bottom 60% of earners was 6.3% while the average rate for the top 40% of earners was 19.2%. The top 40%, on average, pays three times the federal tax rate the bottom 60% pays.
I hate to stick up for Paris Hilton, but she hasn't inherited anything yet and won't inherit very much in the end. Barron Hilton is giving 97% of his fortune away to charity on his death, leaving only 3% to the family.and maybe they inherited a shitload from grandaddy, dropped out of high school for a career in amateurish fellatio and shitty over-produced pop-music...
...not sayin youre wrong, but sometimes, a little bit of hate for the self-indulgent elitist is totally warranted.
Investment income is taxed differently than ordinary income. If you take 50% of someone's return instead of 15% of it, you deprive them of the ability to make additional investments.
Anyone who makes 40-50k gets a crap deal that is for sure. 30k and under make out all right.
Where are you getting this info from?
What did you pay in taxes last year, how much did you give to charity, my guess would be not much if any.