coaster
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No, the Census. It's a PDF linked from this page:
http://www.census.gov/hhes/www/income/data/historical/people/index.html
It's the BLS that has the raw data.
I'd be interested to find out if you come up with any data from the BLS that either supports or refutes the Census data.
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Sat Apr 23, 2011 6:02 am |
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Offshore-Wealth.com
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| Re: Obama Taxes |
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quote:
Originally posted by shanecurran
Obama says that he plans to repeal the Bush tax cuts that favor the wealthy. I commend him in the bluntness of his speech. I hope he follows through with his plan. Here is a link to the article http://www.huffingtonpost.com/2011/04/14/obama-tax-increases_n_849044.html
What do you think about the possibility of tax increases on the wealthy?
Interesting,
Same old same old obama, talk is cheap, action is priceless, so what has obama done to stop the runaway deficit and house of cards the fed reserve is running?
Sorry, but it has been well established that raising taxes on those in the $250K range is not going to solve anything, and to demonstrate that obama has no balls, he could have vetoed the extension of bush taxes, yet he didn't, and for good reason, he was fearful of what would happen at last elections, just as he and his party had nothing to introduce regarding the economic collapse country is facing.
Again, talk is cheap, action is priceless, so let us wait and see what this smooth talker is saying on campaign trail, yes, campaign trail, that is all he cares about, not the economy of there would have been something put on table last year given the budget was never even talked about by obama and his cronies.
Wake up America, we have all been conned into financial oblivion. If the so called rich were to have every dime they earn put into the bottomless pit called the gov. waste bucket, it wouldn't even make a dent in the interest carrying costs along on the trillions in debt. Raising taxes on rich plays well to his base, the brainless leaches on welfare, unemployment benefits, food stamps, social security and medicare and medicaiders, all who are dependent on gov. for one thing or another. God forbid if anyone in gov. talks the truth, the system is broken, has been for decades, and nothing at all is going to change that fact.
Watch this week as Bernanke gets drilled and then depending on what he says, the dollar will drop even further, and at best, he may lie again to us all to bump the dollar up for a week or so, but the truth is slowly but surely getting out, and the masses of asses who voted are going to have to face the fact, the change we have all seen is a disaster in waiting, and sadly, we will see the damage before next elections for you cannot hide the truth for any longer, just watch what happens when the truth about fed reserve comes out, there is nothing backing dollar, no gold, no silver, nothing, then what?
You see, the fed has never been audited, and with Ron Paul on commission to force issue, and the public now getting behind this movement, how much longer can the fed hide the truth there is nothing in their piggy bank, so raising taxes on so called rich is total BS campaign hype, nothing more, a desperate message which obama hope all the idiots will fall for again, but will they? Not when their unemployment checks finally stop, not when their pensions disappear, not when SS benefits will not start until age 70, not when doctors stop accepting obamacare, not when gas is $6.00 a gallon, milk is $8.00 a gallon, bread is $5.00 a loaf, and gold and silver double in value, then what Mr. obama, then what?
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Sat Apr 23, 2011 4:12 pm |
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coaster
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But ... the wealthy do make convenient scapegoats ....
Nice post.
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Sun Apr 24, 2011 3:17 am |
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shanecurran
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Offshore-
Do you think the republicans have done and would do better with our financial situation if they were in power?
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Mon Apr 25, 2011 1:26 pm |
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Offshore-Wealth.com
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| DEMOCRAPS Or REPUKLICANS, THEY ALL STINK IS MY OPINON |
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quote:
Originally posted by shanecurran
Offshore-
Do you think the republicans have done and would do better with our financial situation if they were in power?
Good question,
No, I don't, but given the severity of the deficit and little hope of every seeing a balanced budget again in our life times, never mind the world unrest, it makes little difference which party is in control. The only thing that happens in gov. is a constant shift, one term democraps, the next is repuklicans, and guess what, nothing ever changes for the average citizen, we all end up getting screwed by both parties as I have seen over the years.
I have never seen worse times than these in my life, and I do not see any potential improvements happening in my childrens life time. In my opinion, we need a strong third party which represents us, not the greedy money whores and war lords who think we can force feed democracy on everyone, whether they want it or not. With the puppet masters wealthy enough to pay lobbyists billions to bribe these puppets in Washington, nothing is going to change to the positive without a clean sweep to purge Washington of these crooks. Would a third party be any better, if the people demand change, real change, not this phoney campaign BS line, then maybe we have a chance, but no, I lost faith in government years ago and don't think it makes any difference who controls house or senate, it is just a power game, and we are the losers.
Success to all,
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http://TV-PROMOTIONS.com
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Tue Apr 26, 2011 2:38 pm |
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coaster
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| Re: DEMOCRAPS Or REPUKLICANS, THEY ALL STINK IS MY OPINON |
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quote:
Originally posted by Offshore-Wealth.com
...we all end up getting screwed by both parties ...
...we need a strong third party which represents us, ...
...nothing is going to change to the positive without a clean sweep ...
...it is just a power game, and we are the losers.,
Spot on ... 100% ....
It's why I maintain a multi-party system would be better for the country; a multi-party system requires consensus; whereas in a two-party system the majority rules (and crams through whatever they want, which is usually what has been bought and paid for by campaign finance). Unfortunately the entire dialogue about politics in this country is framed in the language of and presumption of a two-party system. Just listen to your favorite talk-radio show or news program or whatever and pick up on the language.
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Tue Apr 26, 2011 4:10 pm |
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shanecurran
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| Re: Obama Taxes |
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quote:
Originally posted by Offshore-Wealth.com
Interesting,
Same old same old obama, talk is cheap, action is priceless, so what has obama done to stop the runaway deficit and house of cards the fed reserve is running?
I know Obama passed on repealing the tax cuts the first time around. I guess it is more politically viable to talk about taxing the rich given all the attention the US debt has received lately.
Do you think a re-enactment of the Glass Stegall act would help, or possibly abandoning mark to market accounting by banks? Do you have any proposed solution?
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Wed Apr 27, 2011 1:46 pm |
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coaster
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Putting Glass-Steagal back would be a huge help, but banks are so far into the securities biz now that it's a no-go.
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Wed Apr 27, 2011 3:33 pm |
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ra.one
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Yes Obama administration is imposing taxes in amounts.
But i hope they will give something better out of it.
payday loans
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Tue May 03, 2011 8:19 am |
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jeffreymint
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Hi Little... that is just great to hear. The world is scarce with people of such principles. Personally, being self sufficient is an achievement. It does not literally mean however, to be a millionaire but the best that you can be so to show how much you value your self worth. Am not wanting to sound self centered, just stating the fact that if you want good things to happen to you, you have yourself to rely on... first hand. Also, nice signature. So true. 
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Tue May 03, 2011 12:28 pm |
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baldwincrown
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My point was - when a uniform tax is suddenly placed on ALL appurtenances and services, the after IS about elastic. Yeah, apples amount added but so do all of the apple-substitutes. Although the geographic boundaries are in play - eg, if you apply the tax to only one state, people go across the border.
dell coupons
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Wed May 25, 2011 12:42 pm |
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shanecurran
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quote:
Originally posted by oldguy
My point was - when a uniform tax is suddenly placed on ALL goods and services, the effect IS nearly elastic. Yeah, apples cost more but so do all of the apple-substitutes. Altho the geographic boudaries are in play - eg, if you apply the tax to only one state, people go across the border. But on a national basis, that is minimal - not many folks from Iowa are going to Mex or Canada to save a few bucks on groceries.
I think you mean inelastic. Not so cut and dry who bears the burden. Here are a few links:
http://www.nber.org/papers/w11686
http://www.nber.org/papers/w8280
Not all goods and services are produced by corporations, they are produced by other entities as well, which complicates your logic. Also, not all goods are produced domestically, so even if we raised the tax rate on all domestic good/service producing entities, we have no control over other sovereign states from who we buy goods and services.
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Wed May 25, 2011 3:59 pm |
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kate032
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quote:
Originally posted by oldguy
The top 1% of earners currently pay 38% of the income taxes. And the top 5% pay just over 50% of the taxes. So they are already carrying way more than their share......But I would like to see the bottom 50% that now pays nothing, have to pay a small tax. It is dangerous situation when 50% of the populus gets their services for free - so obviously they will vote for any & all giveaway programs.
Ayn Rand anyone? We need to quit just giving away money. Pop out a few out-of-wedlock babies, and you're financially set by the US government for life... Our nation is devolving quickly.
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Sat Jul 16, 2011 4:25 am |
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ge3413
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Obama taxes will be always at highest.
Nothing special from Obama Administration.
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Sat Jul 16, 2011 12:02 pm |
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coaster
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quote:
Originally posted by ge3413
Obama taxes will be always at highest.
Nothing special from Obama Administration.
I don't think a person residing in Dubai is qualified to speak to U.S. tax rates.
My own experience with net income taxes over the last few years is that on a percentage basis they're the lowest they've been for many decades. There's no reason taxes couldn't be raised modestly across the board.
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Sat Jul 16, 2011 5:57 pm |
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