Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:She speaks about the lucky few paying foward to the "next kid". Well, the top 1% are paying 40% of the federal income tax. The top 5% are paying 60% of the federal income tax, and the top 10% are paying 70%. Admittedly, some may not be paying the same tax rates. If that is a concern, let's have a flat tax. But I really don't see how people like Warren can intimate that successful people are not paying forward. Obama always trots out the "fair share" language.
I'm easily in the 1%. And the bottom line is this: I am sacrificing precious little when I pay taxes. We just write a check and that's that. I could not even tell you when it hits the bank account.
Meanwhile, there are other people who have to make real family choices based on their taxes. The dollar amount of my bill, which is comfortably in the six digits, does not in any way represent the personal sacrifice of someone who has to pick and choose what clothes to buy for their kids or whether they can afford an apartment with an extra bedroom. It just doesn't and we should stop pretending that the absolute dollar amount measures sacrifice.
Thank you for this. Very well put.
I donate a lot of money. I would rather pay an organization that I trust to distribute my donations to the poor and needy then the inefficient method of government tax collection and assistance. If a charity does a bad job or I don't agree with what they do then I can pull the plug on them and move to a different one.
I would rather have a mandatory charitable donation percentage of my choosing be implemented then having to pay taxes which I have no idea how or where it is being spent.
Well, the top 1% are paying 40% of the federal income tax. The top 5% are paying 60% of the federal income tax, and the top 10% are paying 70%.
Anonymous wrote:It's pretty easy to find out where your money is being spent if you want to take the time--
http://www.whitehouse.gov/omb
For many functions the govt is much more efficient than the private sector. Look at social security, medicare and medicaid. The administrative costs for those programs is tiny compared to what the private sector or a charity would incur.
If your complaint is that the govt spends money on things you personally would not like to spend on, well then welcome to the club. Everyone could probably cut 10% of the federal budget, but it would be a different 10% for each of us. Living in a diverse democracy you have to be willing to fund some things you personally don't agree with, if the majority does.
If your complaint is that you think the govt's spending is dictated not by what people really want but by special interest lobbyists, then we have a club for that too, but the answer isn't just to cut spending for the people without lobbyists.
Anonymous wrote:Anonymous wrote:Anonymous wrote:She speaks about the lucky few paying foward to the "next kid". Well, the top 1% are paying 40% of the federal income tax. The top 5% are paying 60% of the federal income tax, and the top 10% are paying 70%. Admittedly, some may not be paying the same tax rates. If that is a concern, let's have a flat tax. But I really don't see how people like Warren can intimate that successful people are not paying forward. Obama always trots out the "fair share" language.
I'm easily in the 1%. And the bottom line is this: I am sacrificing precious little when I pay taxes. We just write a check and that's that. I could not even tell you when it hits the bank account.
Meanwhile, there are other people who have to make real family choices based on their taxes. The dollar amount of my bill, which is comfortably in the six digits, does not in any way represent the personal sacrifice of someone who has to pick and choose what clothes to buy for their kids or whether they can afford an apartment with an extra bedroom. It just doesn't and we should stop pretending that the absolute dollar amount measures sacrifice.
Thank you for this. Very well put.
Anonymous wrote:Anonymous wrote:She speaks about the lucky few paying foward to the "next kid". Well, the top 1% are paying 40% of the federal income tax. The top 5% are paying 60% of the federal income tax, and the top 10% are paying 70%. Admittedly, some may not be paying the same tax rates. If that is a concern, let's have a flat tax. But I really don't see how people like Warren can intimate that successful people are not paying forward. Obama always trots out the "fair share" language.
I'm easily in the 1%. And the bottom line is this: I am sacrificing precious little when I pay taxes. We just write a check and that's that. I could not even tell you when it hits the bank account.
Meanwhile, there are other people who have to make real family choices based on their taxes. The dollar amount of my bill, which is comfortably in the six digits, does not in any way represent the personal sacrifice of someone who has to pick and choose what clothes to buy for their kids or whether they can afford an apartment with an extra bedroom. It just doesn't and we should stop pretending that the absolute dollar amount measures sacrifice.
Anonymous wrote:She speaks about the lucky few paying foward to the "next kid". Well, the top 1% are paying 40% of the federal income tax. The top 5% are paying 60% of the federal income tax, and the top 10% are paying 70%. Admittedly, some may not be paying the same tax rates. If that is a concern, let's have a flat tax. But I really don't see how people like Warren can intimate that successful people are not paying forward. Obama always trots out the "fair share" language.
Anonymous wrote:I like that she calls out corporations. They are really screwing over people and it's time people wake up to that.
she's not popular in MA after the "pretend Indian" story broke.