Right-wing hobo prince Erick Erickson started a cheeky conservative response to the popular "We are the 99 percent" tumblrwith his very own "We are the 53 percent" site using the Republicans' parrot-poop false "point" that only 53% of Americans pay taxes. The site is remarkable only for the fact that the user-submitted stories are just as depressing and virtually identical to the "99 percent" stories, except that these struggling Americans are militantly defensive of their poverty and anusburgers. They are mysteriously very excited to spend the sum of their waking existence working bone-dissolving hours on the brink of a health problem-induced catastrophe! SO THERE, LIBTARD WHINERS. Let us read a few at random, for tears and misery and patriotism.
What's interesting is that a lot of these masochistic Conservatards champion the "military" route, ignoring the fact that many people are automatically disqualified from joining the military because of disability or health problems (e.g. Asthma).
"The law, in its majestic equality, forbids the rich and the poor alike to sleep under bridges, to beg in the streets, and to steal bread." --Anatole France
Another lie I'm very tired of hearing is "Corporations don't pay taxes. People pay taxes. If ccorporate taxes go up, they just pass the cost along to the consumer."
This is a fascinating economic theory - the perfectly elastic price. According to this "theory," there's no limit to how much the corporation can charge for its goods or services.
Which leads me to ask why it didn't just raise the price before taxes went up?
This isn't economic theory - this is garbage.
Not to mention the business person who pays more than minimum wage (and please keep in mind $15/hour sounds like a lot - until you work it out to $30K/year with, probably, no real benefits) is probably going to get a better quality employee who adds value to the enterprise.
The 47% and 53% numbers have been repeated to the point they mean nothing. The trick when discussing taxes and trying to make the rich look better is to keep shifting the basis of the data presented.
The top 1% (Adjusted Gross Income - AGI - on Federal income tax returns) collected 20%. Why is it a surprise that the top 1% paid 38% of the income tax?
The top 5% collected 34.73% of all AGI. And paid 58.72% of Federal income tax.
Sheer uh "Am i uh An Idiot?" uh InSannity loves to ask people if they think $250,000 per year makes someone "rich." Well, the cutoff for the top 5% is $159,619. "Yes, it does" - because 95% of the returns show AGI of less than $160,000.
The bottom 50% collected 12.75% of the reported AGI and paid 2.70% of the tax collected. What happened to that 47% number? The cutoff is just $33,048 per year. And 3% of twenty-five or thirty grand a year hurts a lot more than 24% of $380,000.
Lazy and stupid (I repeat myself) right wing gas bags slide "pay no Federal income taxes" into just "pay no taxes."
As has been pointed out here before, that's impossible. Everybody pays taxes - starting with state sales tax (in many states). There's state and Federal excise taxes on gasoline.
Property taxes.
Payroll taxes - Social Security and Medicare. No matter how much salary one makes, Social Security caps out on wages just over $100,000. So low income people pay a much higher percentage of their total earnings in payroll taxes than rich folks.
â«âª Oliver, Oliver Never before has a boy wanted more
Oliver, Oliver Won't ask for more when he knows what's in store There's a dark, thin winding stairway without any banistair Which we'll throw him down and feed him the cockroaches served in a canister
Oliver, Oliver What will he do when he's turned black and blue He will rue the day somebody named him Ol-i-ver â«âª
Behold! The stupidest thing Erick has ever written at least until the next stupidest thing he's ever written is written which will be at most a couple of days if history is any judge.
Would you say this about a 24 year old MALE claiming to own three corporations? Don't be a misogynist douchebag, stranger.
What's interesting is that a lot of these masochistic Conservatards champion the "military" route, ignoring the fact that many people are automatically disqualified from joining the military because of disability or health problems (e.g. Asthma).
"The law, in its majestic equality, forbids the rich and the poor alike to sleep under bridges, to beg in the streets, and to steal bread." --Anatole France
Thumbs up from #occupy the Peoples Republic of Lake Edna.
Another lie I'm very tired of hearing is "Corporations don't pay taxes. People pay taxes. If ccorporate taxes go up, they just pass the cost along to the consumer."
This is a fascinating economic theory - the perfectly elastic price. According to this "theory," there's no limit to how much the corporation can charge for its goods or services.
Which leads me to ask why it didn't just raise the price before taxes went up?
This isn't economic theory - this is garbage.
G-Man:
Not to mention the business person who pays more than minimum wage (and please keep in mind $15/hour sounds like a lot - until you work it out to $30K/year with, probably, no real benefits) is probably going to get a better quality employee who adds value to the enterprise.
The 47% and 53% numbers have been repeated to the point they mean nothing. The trick when discussing taxes and trying to make the rich look better is to keep shifting the basis of the data presented.
The top 1% (Adjusted Gross Income - AGI - on Federal income tax returns) collected 20%. Why is it a surprise that the top 1% paid 38% of the income tax?
The top 5% collected 34.73% of all AGI. And paid 58.72% of Federal income tax.
Sheer uh "Am i uh An Idiot?" uh InSannity loves to ask people if they think $250,000 per year makes someone "rich." Well, the cutoff for the top 5% is $159,619. "Yes, it does" - because 95% of the returns show AGI of less than $160,000.
The bottom 50% collected 12.75% of the reported AGI and paid 2.70% of the tax collected. What happened to that 47% number? The cutoff is just $33,048 per year. And 3% of twenty-five or thirty grand a year hurts a lot more than 24% of $380,000.
Take a look at the data for yourself: <a href="http:\/\/www.taxfoundation.org\/news\/show\/250.html#Data" target="_blank">" rel="nofollow noopener" title="http://www.taxfoundation.org/news/show/250.html#D...">http://www.taxfoundation.or...
Lazy and stupid (I repeat myself) right wing gas bags slide &quot;pay no Federal income taxes&quot; into just &quot;pay no taxes.&quot;
As has been pointed out here before, that&#039;s impossible. Everybody pays taxes - starting with state sales tax (in many states). There&#039;s state and Federal excise taxes on gasoline.
Property taxes.
Payroll taxes - Social Security and Medicare. No matter how much salary one makes, Social Security caps out on wages just over $100,000. So low income people pay a much higher percentage of their total earnings in payroll taxes than rich folks.
Everybody pays taxes.
â«âª Oliver, Oliver Never before has a boy wanted more
Oliver, Oliver Won&#039;t ask for more when he knows what&#039;s in store There&#039;s a dark, thin winding stairway without any banistair Which we&#039;ll throw him down and feed him the cockroaches served in a canister
Oliver, Oliver What will he do when he&#039;s turned black and blue He will rue the day somebody named him Ol-i-ver â«âª
Exactly what is their point? They&#039;ve got nothing and they&#039;re only too happy to share it with the greed-driven corporations?
They&#039;re somehow compelled to protect their non-existent tax rate on their pretend millions from people exactly like them?
Dude, you got some &#039;splainin&#039; to do.
Behold! The stupidest thing Erick has ever written at least until the next stupidest thing he&#039;s ever written is written which will be at most a couple of days if history is any judge.