EXCUSE ME?!..The OFFICIAL Bernie Sanders For President 2016 Thread

Padawanbater2 said:
Poor people pay a larger percentage of their income in taxes than rich people
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Padawanbater2 said:
Fact.
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Red1966 said:
Yes, 0-15% is greater than 39.9%
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Padawanbater2 said:
You have $100, I have $1,000

We both buy a t-shirt that costs the same, $10

You now have $90 left (90% of your original total), I now have $990 left (99% of my original total)

You spent 10% of your income buying the shirt, I spent 1% of my income buying the shirt

That's how poor people pay more in taxes as a larger percentage of their income
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Red1966 said:
You think buying a shirt is the same as paying taxes and I'm the one comprehension and math problems?
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I said poor people pay a larger percentage of their income in taxes than rich people - which is a fact

Let's pause there because from your responses, it's clear you can't even comprehend what that information is telling you. Poor people pay more in sales tax than rich people because they spend more of their money buying things they need. If they spend 100% of their money, 100% of their money was taxed in sales. Rich people don't spend 100% of their money because they can't, because they're rich, they have a lot of it.

0-15% is the income tax rate poor people pay, not the sales tax rate everyone, rich or poor, pays

Since rich people and poor people pay the exact same percentage of sales tax, and since poor people spend more of their money than rich people, poor people end up paying more in taxes than rich people, which is why the conservative idea of a "Flat Tax" is a bullshit scheme designed to fuck poor people and help rich people


You're so stupid you confused the Income Tax rate with the Sales Tax rate, but watch, will you be man enough to admit your mistake? Nah, of course not, that would take integrity and a shred of moral character, both of which you lack.

But I can't wait to see you double down on your stupidity and try to project it back onto me again

:)
 
Padawanbater2 said:
I said poor people pay a larger percentage of their income in taxes than rich people - which is a fact

Let's pause there because from your responses, it's clear you can't even comprehend what that information is telling you. Poor people pay more in sales tax than rich people because they spend more of their money buying things they need. If they spend 100% of their money, 100% of their money was taxed in sales. Rich people don't spend 100% of their money because they can't, because they're rich, they have a lot of it.

0-15% is the income tax rate poor people pay, not the sales tax rate everyone, rich or poor, pays

Since rich people and poor people pay the exact same percentage of sales tax, and since poor people spend more of their money than rich people, poor people end up paying more in taxes than rich people, which is why the conservative idea of a "Flat Tax" is a bullshit scheme designed to fuck poor people and help rich people


You're so stupid you confused the Income Tax rate with the Sales Tax rate, but watch, will you be man enough to admit your mistake? Nah, of course not, that would take integrity and a shred of moral character, both of which you lack.

But I can't wait to see you double down on your stupidity and try to project it back onto me again

:)
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You referred to the price of the shirt, not the tax payed on it. Your example didn't even include taxes at all. "will you be man enough to admit your mistake?" Sales varies by state, but the sales tax is exactly the same, no matter what your income is. Rich people don't spend 100% of their money, true. If they did, they'd be poor people.
I didn't have to "wait to see you double down on your stupidity and try to project it back onto me again "
 
Red1966 said:
You referred to the price of the shirt, not the tax payed on it. Your example didn't even include taxes at all. "will you be man enough to admit your mistake?" Sales varies by state, but the sales tax is exactly the same, no matter what your income is. Rich people don't spend 100% of their money, true. If they did, they'd be poor people.
I didn't have to "wait to see you double down on your stupidity and try to project it back onto me again "
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See what I mean! Truly too stupid to hold a conversation

:)
 
Red1966 said:
If you make $50,000 year, you pay $3,625 a year for Medicare, not $235.81 That's just one of your claims. I suspect all of of those figures are fake. You take bullshit as gospel, because you want to believe it.
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wrong failmeister.

it's $725.

50,000. • 1.45% = 725.
 
schuylaar said:
average American COLA is $20194.
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That is not a "COLA". What a hoot. :) A COLA is a Cost of Living Adjustment. I get one every year regarding my pension, albeit very small these days with such a sluggish economy.

We're not headed into a recession. We're in it. Just ask the middle class who never climbed out of the recession.
 
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schuylaar said:
wrong failmeister.

it's $725.

50,000. • 1.45% = 725.
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The 2015 FICA rax rate was and still is 6.2%. That's $3,100 annually for an income of $50,000. I paid FICA since the early 60's.

The medicare portion is 2.9% plus a surcharge of .9% for those working their asses off and making "too much". Again, "the rich" is paying most of the taxes being collected as opposed to the prevailing RIU have-not's propaganda. 2.9% of $50,000 is $1,450.

http://taxes.about.com/od/payroll/a/Medicare-Tax.htm

FAIL
 
to clear up arguments

FICA is comprised of
  • a 6.2 percent Social Security tax;
  • a 1.45 percent Medicare tax (the “regular” Medicare tax); and
  • beginning in 2013, a 0.9 percent Medicare surtax when the employee earns over $200,000.
Not sure where Uncle Ben is getting that 2.9%. I guess it is because Texas makes you stupid. I think he is adding together what you hold from the employee and what you pay as an employer
 
londonfog said:
Not sure where Uncle Ben is getting that 2.9%. I guess it is because Texas makes you stupid. I think he is adding together what you hold from the employee and what you pay as an employer
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Yes I'm adding them together, apples to apples. Never broke it down.

I gave you a link. Not only are you stupid but lazy. Here:

Medicare Hospital Insurance Tax
Medicare taxes are imposed at a flat tax rate of 2.9% on wages, salaries, and business or farming income earned by self-employed individuals.

There's no limit on the amount wages subject to Medicare taxes, unlike the annual wage limit for Social Security taxes.

The Medicare hospital insurance tax is paid half by employees through payroll deductions and half by the employer. Accordingly, employees pay a Medicare tax rate of 1.45% (half of the 2.9% rate).
 
Uncle Ben said:
Yes I'm adding them together, apples to apples. Never broke it down.

I gave you a link. Not only are you stupid but lazy. Here:

Medicare Hospital Insurance Tax
Medicare taxes are imposed at a flat tax rate of 2.9% on wages, salaries, and business or farming income earned by self-employed individuals.


There's no limit on the amount wages subject to Medicare taxes, unlike the annual wage limit for Social Security taxes.

The Medicare hospital insurance tax is paid half by employees through payroll deductions and half by the employer. Accordingly, employees pay a Medicare tax rate of 1.45% (half of the 2.9% rate).
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I didn't need the link to know you are stupid. Why would you add them together when you looking for the cost an employee pays.
If that was the case in what you say, you would have made the Social Security tax 12.4 %, if you adding both employee and employer. Nice try to save face, but we all see you are a dumb ass from Texas smelling like cow shit. Don't you have some shoveling to do
 
Padawanbater2 said:
I said poor people pay a larger percentage of their income in taxes than rich people - which is a fact

Let's pause there because from your responses, it's clear you can't even comprehend what that information is telling you. Poor people pay more in sales tax than rich people because they spend more of their money buying things they need. If they spend 100% of their money, 100% of their money was taxed in sales. Rich people don't spend 100% of their money because they can't, because they're rich, they have a lot of it.

0-15% is the income tax rate poor people pay, not the sales tax rate everyone, rich or poor, pays

Since rich people and poor people pay the exact same percentage of sales tax, and since poor people spend more of their money than rich people, poor people end up paying more in taxes than rich people, which is why the conservative idea of a "Flat Tax" is a bullshit scheme designed to fuck poor people and help rich people


You're so stupid you confused the Income Tax rate with the Sales Tax rate, but watch, will you be man enough to admit your mistake? Nah, of course not, that would take integrity and a shred of moral character, both of which you lack.

But I can't wait to see you double down on your stupidity and try to project it back onto me again

:)
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Again, you point out one tax while totally discounting AGAIN the income tax which is 30-45% on the rich. And you call me stupid... We can go round and round but you seem to have no ability to do math or understand basic economics...

BTW... If a poor person spends 100% of their income on shit and pay sales tax they pay a rate of 7% If a rich person spends 100% of their income on shit and pay sales tax they pay a rate of 7%. The rates ARE THE SAME...

Your contention is that a rich person does not need to spend all their money and my contention is there are plenty of rich people spending all of their money and quite bit more so your whole argument is totally ridiculous.

It is not supposed to be FAIR....

Rich people make more and pay more. Poor people make less and pay NOTHING in income taxes. They also get tax CREDITS which can be applied to sales taxes.

You got nothin but insults kid.
 
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I know two people that write their boats off as " second homes". all their taxes, interest are rolled into write offs in this shitty tsx code.
 
Corso312 said:
I know two people that write their boats off as " second homes". all their taxes, interest are rolled into write offs in this shitty tsx code.
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The millionaire politicians wrote the tax code. Lets replace it with a flat tax on sales!!! Then their shitty second home boats would have come with a hefty tax!!
 
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