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16-04-2013, 08:20 AM
Post Tax Day statistics and infographics on Taxes
http://m.motherjones.com/politics/2011/0...ce=Twitter

The following page shows some of the more basic information about taxation among the different tax brackets in our country. The 2 that startle me the most are:

1) the first one that shows an increase of +392% for the income of the top 400 taxpayers in the US between 1992-2007 while their tax rates declined by 37%.

2) number 6, that shows the sources of federal income from taxes and the marked increase in payroll taxes and the plummeting of corporate taxes.

Look, I am all for corporations and businesses being out to make money. I mean, that is exactly what they are designed to do. But making money by not paying any in while reaping the benefits, is bullshit.

“Science is simply common sense at its best, that is, rigidly accurate in observation, and merciless to fallacy in logic.”
—Thomas Henry Huxley
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16-04-2013, 08:32 AM
RE: Post Tax Day statistics and infographics on Taxes
(16-04-2013 08:20 AM)TheBeardedDude Wrote:  http://m.motherjones.com/politics/2011/0...ce=Twitter

The following page shows some of the more basic information about taxation among the different tax brackets in our country. The 2 that startle me the most are:

1) the first one that shows an increase of +392% for the income of the top 400 taxpayers in the US between 1992-2007 while their tax rates declined by 37%.

2) number 6, that shows the sources of federal income from taxes and the marked increase in payroll taxes and the plummeting of corporate taxes.

Look, I am all for corporations and businesses being out to make money. I mean, that is exactly what they are designed to do. But making money by not paying any in while reaping the benefits, is bullshit.

I'm with you. We all know the Golden Rule..."He who has the gold makes the rules"

I'll link here two pieces that I have posted before but I think its relevant, the gist is that it is the 0.1% that not only have great wealth BUT also the power to affect laws that benefit them. Even if you were millionaire with 1.2 million of net worth (placing you in the top 1%) you would not even be remotely in their ranks!

http://www2.ucsc.edu/whorulesamerica/pow...nager.html
http://www2.ucsc.edu/whorulesamerica/power/wealth.html

“I am quite sure now that often, very often, in matters concerning religion and politics a man’s reasoning powers are not above the monkey’s.”~Mark Twain
“Ocean: A body of water occupying about two-thirds of a world made for man - who has no gills.”~ Ambrose Bierce
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16-04-2013, 08:38 AM
RE: Post Tax Day statistics and infographics on Taxes
This report from Citizens for Tax Justice lists all the corporations that paid ZERO OR LESS a few yeas ago, mind-boggling. See pages 4 and 5.

http://www.ctj.org/corporatetaxdodgers/C...Report.pdf

I want to be like them when I grow up Dodgy

“I am quite sure now that often, very often, in matters concerning religion and politics a man’s reasoning powers are not above the monkey’s.”~Mark Twain
“Ocean: A body of water occupying about two-thirds of a world made for man - who has no gills.”~ Ambrose Bierce
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16-04-2013, 09:45 AM
RE: Post Tax Day statistics and infographics on Taxes
Slightly off subject, but still something I found interesting and kind of relates, is how much public sentiment, or analysis of sentiment is so easily shifted and/or inaccurate.

I watched a presentation, not to long ago (on C-SPAN) that discussed how people viewed the countries sentiments toward global warming, versus the actually polling data for the views. It showed people were off quite a bit, with how they thought our country/states/parties actually viewed global warming-- compared to what people are, in one way or the other, lead to believe, it seemed to indicate that there is a lot higher concern for/belief in global warming.

It has also been posted on here (also shown in news online and TV) that there is a significant discrepancy between how conservative people (specifically politicians) view our country/certain parts, versus how conservative we/those parts actually are.

Also, posted on here, I remember a poll (in a video) showing how far off people are with how extreme they think inequality is in America, versus what they think it should be, versus what it actually is.

Recently, I came across an article with these charts:

[Image: Table1_JobsIncomePolicyPreferences.png]

[Image: Figure2_VoterTurnoutByIncome.png]

The Paradox Of Fools And Wise Men:
“The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser men so full of doubts.” ― Bertrand Russell
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16-04-2013, 01:14 PM (This post was last modified: 17-04-2013 09:14 PM by JAH.)
RE: Post Tax Day statistics and infographics on Taxes
A random other fact. My wife and I owed quite a bit to the feds because of not correctly adjusting our deductions. So the feds have demanded quarterly payments. They demanded that we pay for the first quarter of this year roughly 3/4s of what we owed for all of last year. I asked the tax accountant about this and her only comment was that was how it worked out. WTF
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17-04-2013, 06:00 AM (This post was last modified: 17-04-2013 06:03 AM by Full Circle.)
RE: Post Tax Day statistics and infographics on Taxes
(16-04-2013 09:45 AM)TrulyX Wrote:  Slightly off subject, but still something I found interesting and kind of relates, is how much public sentiment, or analysis of sentiment is so easily shifted and/or inaccurate.

I watched a presentation, not to long ago (on C-SPAN) that discussed how people viewed the countries sentiments toward global warming, versus the actually polling data for the views. It showed people were off quite a bit, with how they thought our country/states/parties actually viewed global warming-- compared to what people are, in one way or the other, lead to believe, it seemed to indicate that there is a lot higher concern for/belief in global warming.

It has also been posted on here (also shown in news online and TV) that there is a significant discrepancy between how conservative people (specifically politicians) view our country/certain parts, versus how conservative we/those parts actually are.

Also, posted on here, I remember a poll (in a video) showing how far off people are with how extreme they think inequality is in America, versus what they think it should be, versus what it actually is.

Recently, I came across an article with these charts:

[Image: Table1_JobsIncomePolicyPreferences.png]

[Image: Figure2_VoterTurnoutByIncome.png]

For Table 1 did the article say what they regarded affluent to be?

The video is quite eye opening, I had seen it before. This relates well to the link I posted regarding both wealth and power. Sentiment can be shifted with constant and clever marketing; who has the motive and the wherewithall to do so? The mega-cap companies/sectors and the ultra rich.

Before anyone gets their panties in a wad though I'm going to add the following link to a tirade that I happen to agree with against Big Banks, but it could be against any mega-company or individual with enormous clout. I'm all for Capitalism but I'm also against abuses of the system by anyone, rich or poor.

"You want to roll your eyes and make snide remarks about "dumb college kids" and "socialists"? Go ahead but you're be missing the point. Because it is the small business owner who's really been wronged here, not the fringe elements you mockingly dismiss. The business owner whose losses are not socialized like yours, the business owner without the government in his pocket, the business owner who is forced to play by the rules that you have paid to have written. "
http://www.thereformedbroker.com/2011/10...ou-to-die/

Disclaimer: I am a small business owner.

“I am quite sure now that often, very often, in matters concerning religion and politics a man’s reasoning powers are not above the monkey’s.”~Mark Twain
“Ocean: A body of water occupying about two-thirds of a world made for man - who has no gills.”~ Ambrose Bierce
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