TWP

Iowa Park, TX

#66 Apr 21, 2013
oco chum bucket Tuesday wrote:
<quoted text>
Fact is your link doesn’t mention Tea Party Solution....
WHAT...?!!!

You are you SERIOUS Road Toa d...???

I "mentioned/referenced " old Tea Party Solution 10 Times...!

10 TIMES Road Toa d...!!!

http://www.topix.com/forum/city/chico-ca/TSV7...

Wow...!

You know Road Toa d...

You really have been hitting the Vodka early lately...

You usually don't get so stupid and incoherent until MUCH later in the evening...

Try re-reading my post Road Toa d...

http://www.topix.com/forum/city/chico-ca/TSV7...

Then get back to us after the Vodka stupor eases up a little...!

ROTFLMAO...!!!
oco chum bucket Tuesday

Lincoln, CA

#67 Apr 21, 2013
Once again old el twerpo dances! Where's the link to Tea Party Solution ever saying he was worth 20 million?

But what the hell, old el twerpo never could back up any of his bull.

Time to get back on your meds before they commit you.
Crickets

Williams, CA

#69 Apr 22, 2013
Sam Lowree wrote:
<quoted text>
That does not fit with the ideology you prescribe to. You said that taxes needed to be collective for them to be effective.
Sure it fits sam. Think about it. All people sharing similar circumstances share the tax burden that is prescribed for people in those circumstances.

If you make, lets say, over a quarter million a year, you share the same tax burden that others in that category share. Collectivly, people in that bracket are responsible for taxes at a certain level.

On the other hand, if you are scraping by, then our government and elected officials, have wisely decided that you should not be pushed further into poverty by federal taxes. Yet collectively you still pay sales taxes, gas taxes, etc.

It is collective sam, groups of people with different sets of circumstances share a different portion of that collective burden.

I know it is perhaps not as black and white and simple minded as you might like. But how in the world is it unfair?

How is it fair that the person making millions a year pays a lower effective tax rate than you at 50K?

Aren't the Democrats right for trying to fix that?
bad juju

Clearlake, CA

#70 Apr 22, 2013
One person, one vote....that is fair.
They both receive the same rights and services.
One person, thousands or millions in income taxes, another person no income taxes?
Nothing fair there....unless you believe in socialist philosophy....
From each according to his ability, to each according to his need (or needs) is a slogan popularised by Karl Marx(socialist leader) in his 1875 Critique of the Gotha Program.
en.wikipedia.org/wiki/From_each_according_to_... ...

the obama era
Chickets

Williams, CA

#71 Apr 22, 2013
You are thinking of it wrong. Taxes are an investment.

making people who are already just scraping by pay federal taxes would hurt the economy and take money out of the economy because those people spend all they make, and taking some away would not only remove some of that from circulation it would also in some cases drive the people involved onto the welfare/foodstamp/medicare roles. Paid for by whom? That is right, the tax payers,

Bad investment. Counterproductive.

Having a progressive tax system where by the people who benefit most from the system financially pay a higher share of their income back into the system is a good investment.

The people in that group can afford it. I.E. they pay their taxes and it doesn't effect how much they spend on other things, they still buy what they want. When we give breaks to these people, contrary to reganomics, the money does not circulate back through the economy creating jobs, it ends up in tax shelters.

So progressive taxation is a good investment. Regressive taxation is a bad investment.

And it does not equate to voting. If you are worried about voting, perhaps you should be bitching about a recent Supreme court case that allows rich people to contribute as much as they want to PAC's......in the last election cycle 42 people contributed more than the rest of the nation combined. Hows that for democratic fairness, one person one vote, etc. Don't you think those 42 people wanted more in return for their massive donations than the rest of us could expect from our meager donations?
Tea Party Solution

Chico, CA

#72 Apr 22, 2013
Sam Lowree wrote:
<quoted text>
Which countries have zero income taxes?.
You should have researched this topic before becoming a US citizen. Crickets mentioned Somalia. That country is so chaotic that any taxes or regulations are probably non-existent. Not only that, you can probably have all the firearms you want. Carry a rife over both shoulders—and you’ll probably need to do just that.
It’s a rightwinger’s paradise!
Sam Lowree wrote:
<You are confused. Oil companies don’t receive government money, it is the so called “green energy” companies that get government money. Which companies are given tax payer dollars to outsource internationally?.
Big Oil receives tax breaks (subsidies) of 7 billion a year.

Multi-national companies of all types get special tax breaks for outsourcing their profits and jobs. Special tax breaks are a form of government subsidies.

U.S. corporations are already allowed to “defer”(delay indefinitely) paying U.S. taxes on their offshore profits until those profits are brought back to the U.S. This creates an incentive for U.S. corporations to shift operations (and jobs) offshore or just disguise their U.S. profits as offshore profits so that U.S. taxes can be deferred.

“ Did you know U.S. Multinational Corporations have more than $1.7 trillion in untaxed profits stashed as undistributed foreign earnings and keep at least 60% of their cash overseas? That these earnings have increased 400% in the last decade? That corporate tax as a percentage of total Federal revenues has dropped to only 8.9%?”

http://www.economicpopulist.org/content/corpo...

And the repubs are pushing to give them even more of these tax breaks.
Tea Party Solution

Chico, CA

#73 Apr 22, 2013
Sam Lowree wrote:
<I have answered that question numerous times. Do away with the EPA, public education, funding for any green energy projects, blues festivals at the White House(while cutting White House tours), and many, many more..
Get rid of the EPA? The EPA and its related agencies protect us against air and water pollution, nuclear waste and its transport, control of hazardous substances, and safety in the work place. The EPA and OSHA should have protected Texans from the fertilizer factory explosion, but were too under funded to do so.

The fact that we have much less smog, polluted streams and drinking water, and few nuclear spills and accidents are because of the EPA. Do you actually think that private companies would maintain safe standards if the EPA was eliminated?

I believe that you actually think just that. Because in your simplistic fantasy land the government is evil and the private companies are angels.
Tea Party Solution

Chico, CA

#74 Apr 22, 2013
Sam Lowree wrote:
<Hey there TP, I already told you what my tax rate for 2012 was. As far as the wealthy paying capital gains of 15% that will not change any time soon, there are too many liberal elites paying the same rate as Romney..
I showed you that on an income of 50K, your federal tax rate can be no higher than 13.26%. Your first $17,400 of 50K income is taxed at 10%. The rest of your income is taxed at 15%. So, you’d be paying 13.26% on 50K. Now. If you own your home you probably wrote off at least 12K in mortgage interest and property taxes—making your adjusted gross income 38K.

With the above deductions, and without even including your charitable deductions and other credits, your effective federal tax was .0966—that’s less than 10%.

Yes, you’re also paying payroll taxes, as we all do—even those paying no federal income tax.
A Toad Roady

Lincoln, CA

#75 Apr 22, 2013
Tea Party Solution wrote:
<quoted text>
Get rid of the EPA? The EPA and its related agencies protect us against air and water pollution, nuclear waste and its transport, control of hazardous substances, and safety in the work place. The EPA and OSHA should have protected Texans from the fertilizer factory explosion, but were too under funded to do so.
The fact that we have much less smog, polluted streams and drinking water, and few nuclear spills and accidents are because of the EPA. Do you actually think that private companies would maintain safe standards if the EPA was eliminated?
I believe that you actually think just that. Because in your simplistic fantasy land the government is evil and the private companies are angels.
Sam forgets that every superfund site was created by private industry with a few being created by the military. And without the middle class pushing government to solve the problem we’d all be living in a toxic dump.

The EPA need more power not less.

Oh, and Tea Party Solution, did you ever claim to be worth over 20 million like el twerpo claims? The troll made the claim butt won't back it up. Your word is good with me so a yes or no will do.
Tea Party Solution

Chico, CA

#76 Apr 22, 2013
Sam Lowree wrote:
<Regardless, for the health of the country everyone should have to contribute some amount, even if it is only a 5%. You cannot have a truly collective tax system unless this is so. You guys are all about collectivism.
To someone making all of 25K less than you—a family of 3, say, making 25K a year—you say “make them pay 5%, get some skin in the game”. Right, you want to go after the family of 3, which is making so little that they can’t even scrape by. Somehow, this family makes you indignant. But for the family making millions or billions every year, paying 15% or less because of the low capital gains tax, you can only say” that will not change any time soon”, Why no indignation?

Plus, taxing the working poor will not help "the health of the country". The little bit of extra tax revenue coming in, will be going right back out to those same families-- they will need government assistance to survive.

Regarding your use of the loaded term,“collectivism”-- it’s a meaningless word. It connotes the simplistic anyrandian idea that there are only two types of governments—one that simply promotes “individual freedom”, with no obligation to the country as a whole, or a completely communistic form of government, where individual rights are trampled .

This libertarian concept has no room for compromise, for nuance, for complexity.

Our Founding Fathers did NOT institute a communist nor a libertarian government. The Preamble to our Constitution shows a middle way.“We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.”

Notice the phrases that show they wanted BOTH things in our new country: a more perfect Union and general Welfare (collectivism); and Blessings of Liberty (individual rights).

As I've asked many times before, SHOW us an example of this utopian libertarian nation that you hold as your ideal, where the ENTIRE populace is happy, prosperous, healthy, and where their air, water, food, and workplaces are safe.
A Toad Roady

Lincoln, CA

#77 Apr 22, 2013
Tea Party Solution wrote:
<quoted text>
I showed you that on an income of 50K, your federal tax rate can be no higher than 13.26%. Your first $17,400 of 50K income is taxed at 10%. The rest of your income is taxed at 15%. So, you’d be paying 13.26% on 50K. Now. If you own your home you probably wrote off at least 12K in mortgage interest and property taxes—making your adjusted gross income 38K.
With the above deductions, and without even including your charitable deductions and other credits, your effective federal tax was .0966—that’s less than 10%.
Yes, you’re also paying payroll taxes, as we all do—even those paying no federal income tax.
My wife, the tax lady is still laughing at locos claim that he paid the fed 30% in taxes.
Tea Party Solution

Chico, CA

#78 Apr 22, 2013
A Toad Roady wrote:
<quoted text>
Sam forgets that every superfund site was created by private industry with a few being created by the military. And without the middle class pushing government to solve the problem we’d all be living in a toxic dump.
The EPA need more power not less.
Oh, and Tea Party Solution, did you ever claim to be worth over 20 million like el twerpo claims? The troll made the claim butt won't back it up. Your word is good with me so a yes or no will do.
Well, it's 20 million or 200 million according to el twerpo, depending on the meds he's on or off that day. He's also said that I (and many other 'liberals') claim to be extremely handsome, etc., etc.

I said months ago in an economic/ tax discussion that "I have some money". El twerpo then decided that I was worth millions. But the point is, who cares what the twerp thinks? And if I WERE worth millions, so what?
Tea Party Solution

Chico, CA

#79 Apr 22, 2013
A Toad Roady wrote:
<quoted text>
My wife, the tax lady is still laughing at locos claim that he paid the fed 30% in taxes.
Sam started this topic saying that Obama paid 18% in federal taxes, and then compared that to what he said his tax rate was-- 30%.

By referring to tax tables I saw that on 50K Sam could not be paying more than 13.26%-- before deductions. With just 12K in deductions Sam would have an effective tax rate of under 10%-- NOT 30%.

But then Sam said that he was also including his self-employment tax (payroll tax) in his tax percentage. Well, as your tax-lady wife knows, the payroll tax IS NOT part of the federal income tax bracket. The state income tax is not part of the federal tax brackets either, on and on.

I don't know if Sam and Loco are lying, or are just too ignorant to understand the differences.

“Government IS the problem.”

Since: Jan 08

Chico, CA

#80 Apr 22, 2013
Tea Party Solution wrote:
<quoted text>
I showed you that on an income of 50K, your federal tax rate can be no higher than 13.26%. Your first $17,400 of 50K income is taxed at 10%. The rest of your income is taxed at 15%. So, you’d be paying 13.26% on 50K. Now. If you own your home you probably wrote off at least 12K in mortgage interest and property taxes—making your adjusted gross income 38K.
With the above deductions, and without even including your charitable deductions and other credits, your effective federal tax was .0966—that’s less than 10%.
Yes, you’re also paying payroll taxes, as we all do—even those paying no federal income tax.
Learn to read my friend. I said that my effective tax rate was 30%.
http://taxes.about.com/od/soleproprietorships...
Local

Clearlake, CA

#81 Apr 22, 2013
Sam Lowree wrote:
<quoted text>
Learn to read my friend. I said that my effective tax rate was 30%.
http://taxes.about.com/od/soleproprietorships...
LoL
You might as well be typing in Chinese Sam. These morons do not have a clue.
Local

Clearlake, CA

#82 Apr 22, 2013
Tea Party Solution wrote:
<quoted text>
Sam started this topic saying that Obama paid 18% in federal taxes, and then compared that to what he said his tax rate was-- 30%.
By referring to tax tables I saw that on 50K Sam could not be paying more than 13.26%-- before deductions. With just 12K in deductions Sam would have an effective tax rate of under 10%-- NOT 30%.
But then Sam said that he was also including his self-employment tax (payroll tax) in his tax percentage. Well, as your tax-lady wife knows, the payroll tax IS NOT part of the federal income tax bracket. The state income tax is not part of the federal tax brackets either, on and on.
I don't know if Sam and Loco are lying, or are just too ignorant to understand the differences.
You're a moron.
Now add 15% self employment tax.
vuala...there is the 30% tax paid on 50k (self employed) income...
congrats....you're a bonafide idiot.

To new readers;
The poster named “Tea Party Solution” is not a member of the tea party. He has been proven to be a liar and a coward who will spin information to fit his true ideology…..a radical left wing progressive.
Anyone reading his posts should check and verify any of his so called facts. The fact that he uses the term “tea party” in his name exemplifies his patently dishonest nature and his disingenuous persona.
Readers beware of any information provided by the poster “Tea Party Solution”.
Local

Clearlake, CA

#84 Apr 22, 2013
btw, as a side note.(to clear up teepee lies).
Total Government(federal state and local) spending in 2009 was $6 trillion. The GDP in 2009 was $13.9 trillion.
43% percent of GDP.

Total government (federal state and local)direct tax revenue was almost $4 trillion.
almost 30% of GDP.

and now, after four years of keynesian government deficit spending, we have 25 million Americans out of work, nearly 50 million Americans on food stamps, and almost 12 million American workers out on disability.

A Toad Roady

Lincoln, CA

#85 Apr 22, 2013
Effective Tax Rate:
The tax rate one pays assuming that one pays a flat rate rather than under a progressive system. Under progressive tax systems, one pays different rates for different amounts in income. For example, one may pay 10% for the first $10,000 of income and 25% for all additional income. In practice this means that one would pay somewhere between 10% and 25%. One calculates the effective tax rate simply by taking the total tax liability, dividing by one's taxable income and multiplying by 100.
Suppose one makes $20,000 in a year and is taxed under the above system. This person pays $1000 (10%) of the first $10,000 and 2500 (25%) of the second $10,000. The total tax liability is $3500, which when divided by the $20,000 of income and multiplied 100, is found to have an effective tax rate of 17.5%.
http://financial-dictionary.thefreedictionary...
Tea Party Solution

Paradise, CA

#86 Apr 23, 2013
Sam Lowree wrote:
<quoted text>
Learn to read my friend. I said that my effective tax rate was 30%.
http://taxes.about.com/od/soleproprietorships...
You are intentionally acting stupid-- or is it just the way you actually are?

You are the one who started this topic. You showed JUST Obama/s federal tax percentage, and then you said that you paid a higher tax, of 30%. But you were adding in your self-employment tax. This is the equivalent of the same thing hourly and salaried workers pay-- EXCEPT for the fact that you pay the employers' side of this tax, as well as the employee's side.

That's also true for me because I'm also self-employed. But Obama ALSO paid a payroll tax on his income as president. But that amount was NOT part of the 18% he paid for his federal income tax. The federal income tax calculations do not include payroll taxes. So you attemptrd to compare apples to oranges.

If you want to argue about the fact that the self-employed have to pay ALL of their payroll tax instead of half of it, that's another discussion.

Don't you have ANY deductions? If you have just 12K in mortgage interest, property tax, charitable deductions, and health insurance write-offs, then your effective federal income tax rate is closer to 10%.

Loco, who just chimed in with his take on this, doesn't even understand tax brackets. He's posted that if there was a 90% top tax bracket, then that means that someone making 1 million a year would be paying $900,000 in taxes.

Sigh... It's impossible to have a discussion with such ignorant people.
Tea Party Solution

Paradise, CA

#87 Apr 23, 2013
A Toad Roady wrote:
Effective Tax Rate:
The tax rate one pays assuming that one pays a flat rate rather than under a progressive system. Under progressive tax systems, one pays different rates for different amounts in income. For example, one may pay 10% for the first $10,000 of income and 25% for all additional income. In practice this means that one would pay somewhere between 10% and 25%. One calculates the effective tax rate simply by taking the total tax liability, dividing by one's taxable income and multiplying by 100.
Suppose one makes $20,000 in a year and is taxed under the above system. This person pays $1000 (10%) of the first $10,000 and 2500 (25%) of the second $10,000. The total tax liability is $3500, which when divided by the $20,000 of income and multiplied 100, is found to have an effective tax rate of 17.5%.
http://financial-dictionary.thefreedictionary...
Exactly. And that's how I figured out Sam's tax rate, based on 50K. But don't expect Sam or Loco to admit this fact.

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