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| Subject: Re: What are you talking about..the poor pay zero income taxes | |
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Author: Oropan |
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Date Posted: 08:47:25 11/05/07 Mon In reply to: jw 's message, "Re: What are you talking about..the poor pay zero income taxes" on 07:55:03 11/05/07 Mon They pay enough for goofballs like you to be able to buy a computer and pay for the electricity to operate it. Spend less time online and look for a higher paying job or at least get some skills so somebody would want to hire you. There is a shortage of skilled workers in this Country and they get paid very well. The public school system in the US is mostly turning out lazy dumbells who only show up to work when they feel like it. > That's because the top 1% do not pay living wages >to the lowest 40% of the workers, assuming they have >not shipped their low paying jobs to slave labor camps >in china. In europe the rich pay at least 50% in >taxes, and most west europeans do better than most >americans. > >>In fact the lowest 40% of workers pay ZERO income tax. >>The top 1% of earners pay around 30% of all income >>taxes paid. There is something dead wrong when only a >>small percentage of earners are paying almost all the >>income taxes and a large percentage are paying little >>of nothing. Maybe we should have Buffet pay ALL the >>income tax for all of us and then the rest of us could >>skate free. >> >> >> >> >> >>> He thinks he should pay more along with people like >>>Bill Gates dad and Kerry etc. plus we went into a >>>recession when bush cut taxes we are still in one . >>> >>>I should pay more tax, says US billionaire Warren >>>Buffett >>> >>>By Andrew Clark in New York >>> >>>11/01/07 "The Guardian" -- -- Warren Buffett, the >>>famous investor known as the "Sage of Omaha", has >>>complained that he pays a lower rate of tax than any >>>of his staff - including his receptionist. Mr >Buffett, >>>who is worth an estimated $52bn (£25bn), said: "The >>>taxation system has tilted towards the rich and away >>>from the middle class in the last 10 years. It's >>>dramatic; I don't think it's appreciated and I think >>>it should be addressed." >>> >>>During an interview with NBC television, Mr Buffett >>>brandished an informal survey of 15 of his 18 office >>>staff at his Berkshire Hathaway empire. The >>>billionaire said he was paying 17.7% payroll and >>>income tax, compared with an average in the office of >>>32.9%. >>>"There wasn't anyone in the office, from the >>>receptionist up, who paid as low a tax rate and I >have >>>no tax planning; I don't have an accountant or use >tax >>>shelters. I just follow what the US Congress tells me >>>to do," he said. >>> >>>Mr Buffett also took a pot shot at hedge fund >>>managers. He said: "Hedge fund operators have spent a >>>record amount lobbying in the last few months - they >>>give money to the political campaigns. Who represents >>>the cleaning lady?" >>> >>>His intervention comes amid an increasingly rancorous >>>debate on Capitol Hill about tax. Shortly after >taking >>>office, President Bush pushed through $2 trillion in >>>temporary tax cuts, including sharp reductions for >>>high-earners. These expire at the end of 2010 and the >>>White House wants to renew them. >>> >>>A leading Democrat, the Harlem congressman Charlie >>>Rangel, published alternative plans this week that >>>would impose a 4% surcharge on people earning more >>>than $200,000 a year, while delivering tax relief to >>>90 million working families. >>> >>>Republicans say the net effect would be a $2 trillion >>>tax increase that would hurt small businesses and >>>farmers. Meanwhile, Mr Buffett's remarks drew a >robust >>>response from the US Chamber of Commerce, which said >>>the top 1% of US earners accounted for 39% of tax >>>revenue - and the highest earning 25% of the >>>population delivered 86% of the tax-take. >>> >>>The chamber's chief economist, Martin Regalia, said: >>>"Mr Buffett has made an awful lot of money and if he >>>wants to pay more taxes, I think that's fine. But I >>>think he should get his facts straight." >>> >>>He added: "There's no question in my mind: if you >were >>>to impose [the Democrats'] tax increases, you would >>>see the US go into a recession." >>> >>>© Guardian News and Media Limited 2007 [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| Re: What are you talking about..the poor pay zero income taxes | jw | 09:42:46 11/05/07 Mon |
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