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#169982 - 17/10/07 03:45 AM Re: More to rile you up....
Mobycat Member Registered: 12/09/00 Posts: 8375 Loc: the hue of dungeons and the sc...	Quote: Originally posted by NY Madman: Quote: Originally posted by Mobycat: [b]From the census bureau. Do you have a link to the Census Bureau data on this stuff? Why is the Census Bureau any type of authority on earnings? They only know what people tell them. The actual and correct data would have to come from the IRS or the Social Security Administration. They are the only federal agencies that would have correct and factual data on earnings.[/b] Do you have excel? Direct from the IRS Note that the data is number of returns, not individuals - some could be joint. $100,000 or more - 10.7%. NOT even close to the 20% figure you're trying to claim. And since it's possible some could be joint, it's guaranteed to be lower than 10.7%. Quote: Quote: [b]Not fair to lower income. If people want a "fair tax," then let's do it across the board. Some will say income tax is not fair to higher incomes - since they pay a higher percentage. But Social Security is the exact opposite - lower income people pay a higher percentage than high income. Your "unfair" argument is completely bogus Moby. It's a crock. What is "across the board" to you? All income being taxable for social security? Every employed worker pays the exact same percentage into social security taxes. It is curently 12.4%. The employee pays half and the employer pays half (It used to more than that). The SS payroll tax is only levied on the first $97,500 of taxable income. You claim this is not fair. That is not the truth. It's probably unfair to subject taxable earnings that high for social security. [/b] I'm not arguing whether SS is bad in itself. That's another argument entirely. As far as the maximum allowed to get back from Social Security - that should be raised accordingly. _________________________ "Nature has constituted utility to man the standard and test of virtue. Men living in different countries, under different circumstances, different habits and regimens, may have different utilities; the same act, therefore, may be useful and consequently virtuous in one country which is injurious and vicious in another differently circumstanced" - Thomas Jefferson, moral relativist
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#169983 - 17/10/07 07:43 AM Re: More to rile you up....
Anonymous Unregistered	Quote: Originally posted by WilMac1023: Quote: Originally posted by Desert_Rat: [b] Quote: Originally posted by WilMac1023: [b] quote: Originally posted by Desert_Rat: 5.63% of age 25+ individuals have incomes exceeding $100k. That's millions of people. http://en.wikipedia.org/wiki/Personal_income_in_the_United_States 95% of people aged 25+ DON'T have incomes exceeding $100k That's millions more than you're talking about.[/b] So you're saying it's OK to tax the shit out of people making over $100k because there's not as many of them? You're like Hillary with an Xterra and a busier vagina.[/b] No, I'm saying that you're whining about 5% of the country. Boo hoo, I make too much fucking money and I don't wanna pay taxes, wahhhh!!! Besides, what the hell are you talking about "taxing the shit" out of them? The upper 5% pay less in taxes percentage wise than any other demographic. The top 2% (a part of the group you're whining in defense of) own 26% of the entire US economy. And they shouldn't be taxed at a reasonable rate. You take 15% of $100,000, it's a whole lot less hurtful than 15% of $30,000. You're such a flaming dumbass, I don't even know why I've wasted my time posting this. We were talking about FICA taxes specifically, you fucking troll. Again, you're not paying attention and jumping to conclusions just like you did in the other thread. Taxing FICA at over 9% on your total income when you're making 6 figures is nuts. You'll never see that benefit - we're paying for the poor - plain and simple, and I believe enough of my income taxes (And believe me - those making 100-249k per year are in the highest tax bracket) already go to welfare programs, etc; I don't need another 9% of my total income taken away specifically for that purpose. Just because you don't make that much sucking dick for a living doesn't mean that if you did, you'd be happily giving it away to the government. Go the fuck away Wilmac, or I shall pwn you a second time.
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