Tax rate are at their lowest in decades. If you dont understand facts, Shut up!
Pound thier chests, cry freedom and freedom isn't free! Support the
military! Fight fight fight. - but whine about paying taxes for it all.
@VIDAR:"Learn to hide your assets in foreign banks..."How in the heck can this country survive with so many uninformed?It is not against the law to 'hide' money in foreign banks.
Furthermore, any earnings on that money is taxed by the US. True, you get a
credit of some sort on your return if you pay a foreign tax on the earnings.@KDave:"Just announced today the Fed Govt. now spends 78% of
GDP."Oops, Dave. The government spends each year ($4.3T) about
30 percent of GDP ($15T). The national debt ($16.5T) is about 110 percent of
I'm curious RedShirt....If life is so awful and bad over in
Europe, and the taxes and "socialism" is killing them -- Why
is there not a HUGE influx of immigrants from Sweden, Finland, Germany, France,
and England?BTW - I know more Americans moving and living over
"there" than any of "them" coming here.
@ Redshirt"If you are paying 15% in income taxes, just adding SS
and Medicare will put close to 25% of your income."Big whoop.
In addition to the 45% top marginal income tax rate, Germans pay pension
insurance, health insurance, unemployment insurance, disability insurance, AND
19% VAT on all their purchases. We have nothing to complain about compared to
Tell you what -- You want to know when you can stop paying taxes?Stop having kids, Stop driving on roads, Stop getting sick, Stop getting old, and hurry up and die!Why don't these
uber-Conservatives just go live in Somalia, or live in your remote cabin
in the wilderness, shoot your guns, grow your food, dig your own outhouse, and
chop your own wood.Leave the rest of us in a 21st century America
alone.I grow tired of the insistant "I hate taxes, I hate
Government" turned to "Where's my Check, Where's my
Social Security, Where's my entitlement - I earned it!"....hypocrites.
Red,If you had read my comment, you would know that I included SS
and Medicare in the 15.8 percent figure. My property taxes add another 1.6
percent, so that brings me to 17.4 percent. I pay gasoline taxes and sales
taxes, but those combined would probably be less than 3 percent. Add in a few
hidden taxes like excise taxes, and my total "burden" might ring in at
about 21 percent. Compared to most countries, this is not much.Nice
@ Dave Barnes: What services are you willing to give up in order to keep more
of your money?We already know you do not value an educated work
force and are willing to give that up - (I wonder, though, if you are willing to
pay the higher law enforcement, prosecution, imprisonment, and property costs
associated with a lower educated work force?) Seeing as how you don't want
to pay to educate children, can I also assume you do not wish to pay to provide
them food or medical care? (Which, by the way, would also raise all the same
costs associated with an uneducated work force.)What about nicely
maintained roads, including snow removal in the winter? How about a police
force and/or a military? Street lights? Health inspectors? Food quality
inspectors? Fire departments? Garbage removal?How much of your
income do you think you would be able to keep if you had to provide for those
things on your own? Private security guards earn an average of $13.30 an hour -
over $116,000 a year to guard you 24/7 - not including family or home. How much
do you think a private fire department would cost?
To "Kent C. DeForrest" and how much of your income goes to property
taxes for your house or car? What percent of your income goes for sales tax in
Utah? What percent goes for state income taxes? Do you pay SS and Medicare
taxes?Once you add up all of those taxes you will find that you are
paying much more than the 15% that you claim. If you are paying 15% in income
taxes, just adding SS and Medicare will put close to 25% of your income.
Dave,The not too secret secret is that Fabian socialists DO want all of
your money. After all, "It's your fair share." As Mrs. Thatcher
noted, the problem is that eventually they run out of other people's money.
Roland Kayser, Nice slight of hand manipulation of taxes (as a percent of GNP).
What difference does it make if you are a tax payer? Is that supposed to make me
feel better that oh well, my taxes are really low compared to GNP? Does that
bring jobs to our country or does it force jobs to lower taxed countries. The
results speak from themselves!
I find it interesting that people here in Utah complain quite abit the federal
tax load. Please correct me if I am wrong but does not the State of Utah
receive more funding from the Federal Government than what the citizens of the
State of Utah pay in? The question is now which programs of the
Federal Government that benefit Utahs do you wish to cut? If the Federal
Government wants to downsize Hill Airforce Base everyone complains. If the
Feds want to close some rural post offices or eliminate Saturday deliver
everyone complains. If the Feds want to close some underused AirPort control
towers, everyone complains.If the Federal Government wishes to cut
farm programs farmers complains. If the Feds want to cut building subsidies or
loan programs the builder and relators and loan people complain.What
we have to undersand we can not have it both ways.
@Mountanman"I can find nothing "misleading" about the facts of
who is carrying the tax burdens (the wealthiest Americans) and who isn't
(47%) in America!"It's misleading when you focus on one tax
and not any of the other taxes like how someone making 15k a year (but is, for
whatever reason, not paying any income taxes since deductions/credits cancelled
it out) is paying 6% in payroll taxes but Mitt Romney paid about .1% in payroll
taxes (since only 1/100th of his income was subject to that due to the cap on
income you pay payroll taxes on).
I have to ask the writer why the passive-aggressiveness? Nobody wants 100
percent of your pay. And if you want to keep more of it, stop electing
Republicans who let the rich off with half your tax liability. Then the rest of
us might get some relief.
To Mountanman "We have the highest corporate taxes in the world perhaps
that's why everything we buy says, "made in China" on the label!
Gee, go figure!"Just because they tell you that on Fox News does
not make it true. The U.S. has the highest marginal rate on corporate profits.
but has an effective rate that is just about the lowest. If you don't
understand the difference between top marginal rates and actual taxes paid you
shouldn't comment on tax policy. Here's is a comparison of corporate
taxes as a percentage of GDP:Norway 12.5Australia 5.9S. Korea
4.2Japan 3.9Britain 3.6Israel 3.3Canada 3.3Switzerland 2.9France 2.9Germany 1.9U.S. 1.8
@ Kent C. DeForrest. I can find nothing "misleading" about the facts of
who is carrying the tax burdens (the wealthiest Americans) and who isn't
(47%) in America! If you find the truth disturbing, then perhaps you need to
wise up, life is short!
Thanks for the reminder, Roland. And yes, you're right. Take Germany, for
instance, which is not Cyprus, Greece, Spain, or any other floundering economy.
Germans pay 42 percent on income between 52,882 and 250,730 Euros (which
converts to about $69,275 and $328,456). On earnings over 250,730 Euros, they
pay 45 percent. So, yes, we have it pretty easy here. Of course, the Germans get
good health care for everyone for those tax rates.
Mtnman:For the umteenth time, please drop the 47 percent argument.
We're tired of it, it is misleading, and it doesn't really mean what
you seem to think it does.As for taxes being too high, I earn a bit
more than the average Utahn. I have no kids under 17, no mortgage, and nothing
bizarre in my finances. I have almost no tax credits or deductions, other than
charitable contributions and state taxes, so I am paying about as much as anyone
in my income tax bracket can. And what do I pay? The total in 2012 of my federal
income tax, state income tax, FICA, and Medicare taxes was about 15.8 percent of
my income. I am saving for retirement, and that money is not taxable yet, but my
point is, my taxes are not exactly a huge burden.
Dave Barnes’ problem is in the thinking that the money he earns is his to
keep. Not so.Other than the tax man there is a long line of people
waiting to get their chance at your wallet. If you get to the end of the line
and still have some money, you are known as a “rich man”. And even
rich men die and the left over money goes to someone else.
@ Roland, Yes income taxes here are lower than in Cyprus, Greece, Spain,France
and Portugal, and just look at their economies! By the way, if you add in ALL
taxes we pay, our taxes really are not the lowest of all major developed
countries! We have the highest corporate taxes in the world perhaps that's
why everything we buy says, "made in China" on the label! Gee, go
I do not remember my father or grandparents moaning and groaning about paying
taxes. They paid a MUCH higher percent than we do. It wasn't until Reagan
made the big cut from charging the highest rate of 70% down to 50% that the
whining started. Now we are paying about 39.5% and you would think these people
were living in hovels!To be paying that rate and to have had a tax
increase this year (not including the social security payroll tax holiday that
just expired), you must make more than $400,000 if you are single or over
$450,000 for a couple.Cry me a river.Why can't we
sign on to the American dream that our society puts forth and realize that it
takes all of us to help make this possible? What is so different about us from
our grandparents that we think our money should not go towards building up our
infrastructure, schools, military, are for the general welfare of the US? I
think we are much more selfish than they were and greed is now a good word.
When did this happen?
Just announced today the Fed Govt. now spends 78% of GDP. Throw in your State
and local taxes and Govt is spending pretty much every penny that everyone
earns, from the billionaire to the poorest. If we want a balanced budget,
without printing lots of funny money, we can either give it all to the Govt. or
Taxes in the U.S. are the lowest of all major developed countries. Quit moaning,
it's better here than anywhere else.
"Why not take 100 percent of everyone's pay...?"They
would if they could Dave. That's why you hear politicians like Obama
saying, "we can't afford a tax cut". They already think of it as
THEIR money. The collectivists think they are better at distributing
everyone's income than those of us who earn it. They'd like nothing
better than to allocate you the portion of your pay that they think you deserve.
@ Vidar, You are sadly misinformed! US citizens who have money in foreign banks
that money is completely taxable in the US. I know because I have done it. I am
not rich but I had money in a foreign investment because it paid better interest
than I could get in a domestic bank. Secondly the "rich" pay nearly 80%
of all federal income taxes paid while 47% pay no federal income taxes. Whine
about the "rich" if you will but stop lying! If not for the
"rich" who would pay your taxes?
Does any one know what the point is to send kids to school, educate them for
industries that has been out sourced. Educated by teachers that have a huge
student lone. What is the objective.
look, if you do not want to pay taxes. Just be one of the superrich, ok. Learn to hide your assets in foreign banks, and donate money to your local
senator-congressman, so he will pass a special tax loophole for you.