Sunday, December 12, 2010

$12,000 per American Child: $129,000 for taxpayers making $1 million: Where are America's scrouples?

"Someone making $100,000
would get a tax cut ten times bigger than someone making $10,000.

Census data shows the average U.S. family earns about $52,000 a year.

A Bush tax cut extension will save these households $1,180 on average in 2011

...Families earning from $200,000 to $500,000 would save about $7,500.

Taxpayers making $1 million and more, about $129,000 — nearly 6.2 percent of income."

Thomas Hart

7 comments:

Don Moore said...

Someone making $100K is paying MORE as a percentage of their revenue than someone making $10K. If I work 10 Times Harder or worth 10 Times more, why should I be taxed more as a percentage?

George Hartzman said...

"Someone making $100K is paying MORE as a percentage of their revenue than someone making $10K."

Prove it.

Don't forget to count phone tax, and gas tax, and the property tax in the rent, and the tv tax, and the local sales tax, and fica etc...

Have you ever seen a real comparison?

Let's not exclude everything else like they do on TV.

Either way the money to pay for it is being borrowed from our children.

If there is going to be a tax cut, there should be offsetting spending cuts.

Where are the spending cuts?

Somebody lied through thier teeth.

Brenda Bowers said...

People, this is NOT a tax cut. How many times do we have to say this? The tax cut was made in 2001. What we have now is simply NOT a tax HIKE caused by allowing these tax cuts previously made to expire.
As for the difference in the lower income earners so-called savings and the higher income earners so-called savings there is NO Savings at all unless you consider keeping your own money from the government a savings. And if you are concerned about the disparity between the two then consider this: do you work hard for your money? Do you therefore feel that you should have more of this money taken away from you because you happen to make more money than other people? Could it be that you prepared yourself with more education and a better work ethic to make more money than some others? Does this preparation then count for something or Not? If not then of course you should have to give more of your earnings to those who work less or prepared themselves with education and other factors to earn more. If personal preparation does count then don't you deserve more?

Now I agree there are low income earners who are less able to earn more due to less intelligence. However for most it is simply making poor or wrong choices. A free education thru high school graduation is available to all. A free education beyond high school has been available for decades now with the federal Pell Grant. This choice is fault for not taking advantage of this opportunity that pretty much assures one of a higher income? BB

Anonymous said...

How much income tax does someone making $10,000 pay?

52,000?

100,000?

200,000?

no blah, blah, blah. Just the facts please.

Anonymous said...

Ah, the sounds of silence.

Those paying the most taxes naturally get the biggest cuts. I take it you dont like that.

Anonymous said...

"How much income tax does someone making $10,000 pay?"

total taxes is the question

Anonymous said...

"total taxes is the question "

I took it differently than you.

"Someone making $100,000
would get a tax cut ten times bigger than someone making $10,000."

kee word here is "MAKING." Thats is earned income. He is talking about tax cuts on earned income.

I'll ask again:
How much income tax does someone making $10,000 pay?

52,000?

100,000?

200,000?

no blah, blah, blah. Just the facts please

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