Forum Post: How the poor pay the (ALL OF) the taxes
Posted 12 years ago on Jan. 6, 2012, 5:17 p.m. EST by bill1102inf2
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A person who makes around 1.5 million per year gets $100,000.00 dropped into their bank account every single month.
Another person gets $1000 per month dropped into their bank account.
Scale this anyway you want. The real 1% get literally MILLIONS dropped into their accounts every single month, so its even worse, they pay even less real taxes.
Person A gets $100,000.00 and registers a motor vehicle in Florida. He pays $495.00 for new registration for two years and new Vehicle plates. Thats .05% of his money being paid in taxes.
Person B gets $1,000.00 and registers a motor vehicle in Florida. He pays $495.00 for new registration for two years and new vehicle plates. Thats 50% of his money being spent on 'taxes'.
Change out vehicle registration with car insurance, health insurance, life insurance, electricity, gasoline, all Food purchases, clothing, communication, and heck even Tobacco and Alcohol.
Remember, that the cost of these things has a huge % of imbedded tax along with the imbedded profit. Of course the profit part goes straight to the 1% but thats another article.
Through QE1/2, dollar debasement, debt it money cronyism, the FED, etc "Inflation" has occured, not accidently, but planned (by the 1%).
Every dollar over $1.00 you pay for gasoline is an effective tax. Work it out for insurance, food, clothing, cars, and practically everything else.
As history has gone forward, due to advances in manufacturing, processes, computers, etc etc. prices should have gone DOWN. AND THEY DID!!!!! The true cost has gone down, but the profit and 'taxes' have gone up.
Federal Income Tax is NOTHING in the grand scheme of things, and I do not care how much the Rich supposedly pay into it. The Richest pay NOTHING of material value into Federal Income Tax. The poor and middle class pay 100's of time more $$$$ in total taxes than any of the rich.
Those "Federal Income Taxes" the 'rich' pay so much of??? 100% of that money is made off of and from the poor and middle class.
And they have NOTHING left, unlike the Rich, who have plenty.
We as a nation want things both ways. We want to provide for the poor and the elderly, but we don't want to pay for it. We pay, in one form or another, about 25 or 26% of our GDP in taxes. European nations all pay more, with Sweden topping the list at about 45%. They tax the rich more but also have a good many regressive taxes on consumption.
We haven't faced up to the fact that after we take more from the rich and from corporations (as we must), and after we cut waste, we're still going to have to tax everyone else more also. Taxes on consumption be made somewhat fair if you place it on goods that are not necessities.
Some fees like the one you mentioned are appropriate. The roads get used just as much by the passing of a poor man's car as by that of a rich one.
Thats not where the money goes. Those fees are nothing less than extortion of the poor, as you can clearly see that the poor pay entirely TOO MUCH as a % of their income to this nonsense.
I don't care how much they tax alcohol ,gona drink to the end.
You have a rather broad and stupid definition of "Taxes"
I think just about anything paid to government can be considered a tax.
The taxes payed are 'broad' and neither stupid nor smart
the costs of daily life are not "taxes"...food, clothing, gasoline, etc etc...are costs of living, and the "Rich" have more left over because they've earned and created more than the poor....sorry if you don't like that, that is how it is, always has been, and always will be............with VERY few examples of failed attempts to circumvent the natural law that controls that....I like to use this formula (my own) Effort + Results = Reward.
Those who think they can fool natural law, and get without effort are simple fools, there is no "get" without "give".....The mistaken idea that "the Rich" don't "give" is one that has been popular with radicals for centuries.....they say "the workers" produce the goods and do the work, why do the "Rich" owners, organizers and managers get more of the profit. I'll tell you why, but you'll fight it, because you are not basing your opinion on facts, but instead you are basing it on envy and covetousness, and a desire to have more than your due....
Simple labor is necessary for the production of almost everything, at some level....that is true, and simple labor is decent and honorable.
BUT....simple labor only produces simple production.....the modern age, of industry and technology was not created by simple labor, it was created by organizing simple labor into structured efficient systems....
That sort of endeavor expands the level of effort produced well beyond the combined efforts of "simple labor" it increases them exponentially.
There is also the creation of physical facilities, and machinery...all requiring simple labor to produce, but simple labor doesn't design or implement the organized use of those machines....and doesn't submit the capital required for their creation. and after the fact simple labor may operate some of the machines, but they are only a cog in the machine that is the enterprise that was organized and implemented by other men.....
Interchangeable parts, and the production line were not constructed by simple labor, automation, and computerization systems were not designed, implemented, organized, or funded by simple labor.....
The designers and creators of products are often well suited for that task, but they are also often ill suited for the marketing and sales of those products, so the skills and talents of those who are better sellers of products are needed (those you OWS fools call "back riders") Without salesmen most of the products you now use on a daily basis would never have seen the light of day, or would have languished in some local area for long periods of time, creating few jobs or contributing little to society, because they weren't known about by people.......all the technology that makes life a little easier was promoted by salesmen first, and then became popular and became attractive to the average consumer.......
All of these people, those who organize, create, manage, incorporate, and market products have INCREASED the amount that simple labor is compensated for it's efforts, and in doing so has earned themselves a higher reward than an individual who remains a simple laborer.....it's just that simple....simple labor adds a very small and finite value to society, but...the organization of simple labor into systems and enterprises adds MASSIVE value into society....and value is what compensation is rewarded for....not time, not physical effort, not "need", not "fairness", not "compassion"....VALUE, plain and simple.
Now, have at it...tell me how unfair that is, and how those who only know how to barely manage themselves should be rewarded equally with those who can manage enterprises containing hundreds or thousands of men, and the materials and machinery of production......I will just shake my head, and understand why you will NEVER get anything of value out of life.......
If you want more left over after the expenses of living....figure out a way to earn more.....no one is going to come hand you a slip of paper with instructions on how to do that, that is your responsibility to figure out for yourself, and it will involve struggle, and failure, many times before you reach any success, and you will probably quit before you reach it....but your whining about how it's unfair and impossible is preventing you from even beginning......it's shameful to be a complete failure without even an effort to succeed......unfortunately that is where over half of americans find themselves, and not only are they unwilling to try to succeed, they blame that reluctance on others who prove them wrong...THAT way they don't have to look in the mirror and see failure, instead they can just use that energy to express envy and covetousness at people who HAVE taken great efforts, failed many times, struggled and sacrificed, and finally succeeded......Your envy makes you pathetic, not because you ARE pathetic...but because you decline to make your own efforts, and allow envy to make you hate those who have.....
You are correct! Taxes are evil and drain the working man. We need to rein in government and let the 99 keep more money in their pockets!
you are not smart. you are implying the rich should pay more for the same thing as a person making less?
In some cases I'd want the poor to pay much more then the rich. The tax on cigarets or alcohol for example. Health problems for the poor are a bigger problem for all of us so any unhealthy habit should be taxed heavily.
I agree. When I went to visit Mexico for the holidays ( see http://occupywallst.org/forum/observations-from-mexico/ ) , I expected to see lots of people smoking, but saw very few. I think it has to do with the cost... people just can't afford them.
By the way, don't forget gambling. Have you ever noticed how many poor people buy lotto tickets and frequent the local Indian casino? Frankly, I'm ashamed that we exploit people with our multitude of state lotteries and think we should stop those immediately as they represent a huge regressive tax.
Maybe that's not too far off.
If you want to see real capitalism, visit the souqs (markets) in the Middle East; everything is a negotiation, and you have to be very careful not to look well-to-do if you want to pay bottom dollar for something.
The fact is that "fixed pricing" is pretty unique to the West, and your apparent wealth has everything to do with the price you pay in countries where they practice real and raw capitalism !
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The reason that new registration and new license plates costs $495.00 instead of $40.00 is due to illegal inflation. Plates are made in prison, 'true' cost to make a license plate? $.30 and less including the payments to the slave labor prisoners (something else that should be ended). The remaining $495.70 is to fund the bankrupt pension funds for the State. The pension funds need to be disbanded, the pensions lost forever.
Just like every one else.
Overpaid, Underworked, Over compensated, over insured, over pensioned, socialist State workers are an enormous problem, but only for the poor. In fact the more poor one is, the more of a problem they are.
I wake up every morning and trade Market Futures until I have had enough, which is usually 2-4 hours, then I do what I want, like educate people online.
LOL, I do covered options on financial ETFs and the hard work is done in about 10 minutes on Monday morning. Some weeks I'll work as much as an hour but not usually. I keep 10 contracts in rotation, a mix of bull and bear ETFs so depending on the market I can go either way. I like to think of myself as a full service options whore. :)
Too bad these people are so blind.
but thanks for bumping the post
so the teachers making 50k a year are the reason we have such a bad problem in this country? and you a cant talk about state workers because every state has a different system for their employees.
No, its the pensions. The state can afford the DMV with sales tax receipts alone, its the extravagant pension programs and overpriced healthcare that causes the massive fee/tax increases we have seen over the years.
Envy? What a life you must have. Waking up each morning and thinking about some rich old fart that sits on the crapper just like you all day long.