All that anger.<quoted text>"Always the same bullshit, the tax table is the same for all, bullshit."
How is it BS if it's a fact? Because you don't like it and can't figure it out?
"The real tax rate is determined by loopholes and deductions"
The real tax rate is determined by taxable income. Do you know how to arrive at taxable income?
"and rich folks normally pay most tax as capital gains taxes."
What, to you, is "rich"? How much income? Is ANYONE who has capital gains rich?
"And the rich and corporations pay LESS."
Have you ever done ANY research as to the rationale of why the capital gains rate is what it is? Were you paying attention several posts (of mine) ago where it was indicated a household could have gross income of over $100K and be paying an overall tax rate that is LESS than the long term capital gains rate? Or, is that beyond your comprehension level?
Also, I surmise you didn't find out the corporate tax rate. It's higher than what you pay.
"You are ALSO including retired people and disabled people in your numbers."
Correct. Do you know what the % is of those that don't pay any federal income tax? The vast majority of people that don't pay federal income tax are not retirees and disabled people. BTW, lots of retired people pay federal income taxes, as do lots of disable people.
Would that, by chance, be "actually paid"? You really should check your posting before submitting, you're looking even worse than you "sound"...
BTW, how's that no withholding on income over $117K thing going? IF you happen to know someone that makes over $117K per year, ask them when their federal withholding stopped. They'll look at you like you have a third eye in the middle of your forehead (in your case, it might be a five head).
"Sure we need to reduce spending to some degree,"
If you don't believe we have a spending problem, either you're hopelessly clueless or haven't been paying attention (maybe both).
"and its NOT the result of the people who don't make enough to pay income tax, they pay a hell of a lot of other taxes."
So does everybody else. However, for MOST people, federal income taxes are the largest tax item they pay.
Relax, nothing is going to change as long as we keep voting for the same people owned by the same corporations.
This doesn't have to be complicated.
Pick a tax rate, any tax rate, and make everyone pay the same tax rate on all income from all sources:
wages, short-term capital gains, long-term capital gains, bonuses, options, grants, hedge fund gains, inheritances, gifts, barter. Everything.
No deductions, for anything, anytime, for anyone.
How hard is that ?
How can that be "unfair"
Let's call it the "RFT" - the Really Fair Tax.