tag:blogger.com,1999:blog-6427940.post4385747580961311203..comments2023-12-05T07:50:19.855-05:00Comments on No Oil for Pacifists: Income Mobility & Futility of 'Soaking the Rich'@nooil4pacifistshttp://www.blogger.com/profile/16688417615117569825noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6427940.post-67183785322353100382011-09-03T14:00:27.397-04:002011-09-03T14:00:27.397-04:00Guess Republicans would like all non-Republicans o...Guess Republicans would like all non-Republicans over 60 to just drop dead. That'll take the pressure off of Social Security, Medicaid, Medicare and other systems not needed by the wealthy who benefit from the tax laws they write or pay to get written.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6427940.post-50662784596382189302011-09-01T20:08:44.364-04:002011-09-01T20:08:44.364-04:00See also Carpe Diem.<i>See also</i> <a href="http://mjperry.blogspot.com/2011/09/ratio-of-takers-to-givers-reaches.html" rel="nofollow">Carpe Diem</a>.@nooil4pacifistshttps://www.blogger.com/profile/16688417615117569825noreply@blogger.comtag:blogger.com,1999:blog-6427940.post-45560404755013184232011-09-01T17:57:55.389-04:002011-09-01T17:57:55.389-04:00Anony: Families earning under $50,000 already pay...Anony: <a href="http://nooilforpacifists.blogspot.com/2010/03/chart-of-day_19.html" rel="nofollow">Families earning under $50,000 already pay no federal income tax</a>. Indeed, <a href="http://www.taxpolicycenter.org/numbers/displayatab.cfm?DocID=3055" rel="nofollow">it's predicted that over a quarter of all tax units will pay no (or negative) Federal income + payroll taxes in 2012</a>. The <a href="http://nooilforpacifists.blogspot.com/2010/01/charts-of-day_25.html" rel="nofollow">Bush tax cuts lowered effective tax rates for all earners, including the lower quintiles</a>.<br /><br />By contrast, only the top quintile pays a higher share of Federal taxes than income (see <a href="http://www.cbo.gov/publications/collections/tax/2010/graphics.cfm" rel="nofollow">chart 2</a>). In fact, the <a href="http://nooilforpacifists.blogspot.com/2009/08/chart-of-day_03.html" rel="nofollow">top 1 percent of earners pay over half of all Federal income taxes</a>.<br /><br />In sum, what, exactly, are you bitching about?@nooil4pacifistshttps://www.blogger.com/profile/16688417615117569825noreply@blogger.comtag:blogger.com,1999:blog-6427940.post-49690055426245126792011-09-01T15:44:51.163-04:002011-09-01T15:44:51.163-04:00Good point. Let's lower taxes for people with...Good point. Let's lower taxes for people with incomes above $1 million a year and raise taxes for people with incomes below $25,000.00 per year. That'll fix the economy! We see how the George Bush tax cuts for the rich impacted employment and the economy. Them poor folks don't need no money. They ain't got good taste in yachts and hotels anyway. Let's restore slavery only this time let's not discriminate on the basis of race.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6427940.post-13854986902924033872011-08-26T02:03:03.678-04:002011-08-26T02:03:03.678-04:00>>> That assumes a static number of taxpa...>>> <i>That assumes a static number of taxpayers would continue to earn over $1,000,000 per year. </i><br /><br />My own bet is that, if it does become commonplace, they'll start earning it somewhere else. That alone will shrink the base.OBloodyHellhttps://www.blogger.com/profile/09992539380115488567noreply@blogger.com