| Topic: |
Sociology > Depression |
| User: |
"Rich" |
| Date: |
17 Oct 2003 09:43:02 AM |
| Object: |
OT: The Top 50% of Wage Earners Pay 96.03% of All Income Taxes |
The Top 50% of Wage Earners Pay 96.03% of All Income Taxes
The bottome 50% Pay only 3.97%.
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| User: "Alan Harding" |
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| Title: Re: OT: The Top 50% of Wage Earners Pay 96.03% of All Income Taxes |
17 Oct 2003 12:59:43 PM |
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In article <WdTjb.8820$wk4.5869@newssvr16.news.prodigy.com>, Rich
<Rich@anon.com> writes
The Top 50% of Wage Earners Pay 96.03% of All Income Taxes
The bottome 50% Pay only 3.97%.
Which country are we talking about?
--
Alan@harding.demon.co.uk = Alan Harding =
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The opinions given above may be mine. They might also
just be what I feel like saying right now, okay?
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| User: "Rich" |
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| Title: Re: OT: The Top 50% of Wage Earners Pay 96.03% of All Income Taxes |
17 Oct 2003 01:41:02 PM |
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The United States.
To listen to our liberal news media, you'd never guess this!
"Alan Harding" <Alan@harding.demon.co.uk> wrote in message
news:yvzDX9HP4Ck$EwBG@harding.demon.co.uk...
In article <WdTjb.8820$wk4.5869@newssvr16.news.prodigy.com>, Rich
<Rich@anon.com> writes
The Top 50% of Wage Earners Pay 96.03% of All Income Taxes
The bottome 50% Pay only 3.97%.
Which country are we talking about?
--
Alan@harding.demon.co.uk = Alan Harding =
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The opinions given above may be mine. They might also
just be what I feel like saying right now, okay?
.
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| User: "" |
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| Title: Re: OT: The Top 50% of Wage Earners Pay 96.03% of All Income Taxes |
17 Oct 2003 06:44:12 PM |
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On Fri, 17 Oct 2003 14:43:02 GMT, "Rich" <Rich@anon.com> wrote:
<(((*> The Top 50% of Wage Earners Pay 96.03% of All Income Taxes
<(((*> The bottome 50% Pay only 3.97%.
This statistic is totally meaningless.
Is the 50\% based on the number pf *people earning wages* or the
number of *wage dollars earned*?
When I see those numbers, I have to think it's based on *wage
dollars earned*. Folks like Bill Gates & Warren Buffett kinda
skew the numbers.
Tara J. Ballance
Montreal, Canada
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| User: "CyberDroog" |
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| Title: Re: OT: The Top 50% of Wage Earners Pay 96.03% of All Income Taxes |
20 Oct 2003 01:49:08 PM |
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On Fri, 17 Oct 2003 19:44:12 -0400, wrote:
On Fri, 17 Oct 2003 14:43:02 GMT, "Rich" <Rich@anon.com> wrote:
<(((*> The Top 50% of Wage Earners Pay 96.03% of All Income Taxes
<(((*> The bottome 50% Pay only 3.97%.
This statistic is totally meaningless.
Is the 50\% based on the number pf *people earning wages* or the
number of *wage dollars earned*?
When I see those numbers, I have to think it's based on *wage
dollars earned*. Folks like Bill Gates & Warren Buffett kinda
skew the numbers.
It's based simply on income tax payers. Obviously it is skewed, that is
the whole point.
---
RATIONAL, adj. Devoid of all delusions save those of observation, experience and
reflection.
- Ambrose Bierce
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| User: "CyberDroog" |
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| Title: Re: OT: The Top 50% of Wage Earners Pay 96.03% of All Income Taxes |
17 Oct 2003 11:23:37 AM |
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On Fri, 17 Oct 2003 14:43:02 GMT, "Rich" <Rich@anon.com> wrote:
The Top 50% of Wage Earners Pay 96.03% of All Income Taxes
The bottome 50% Pay only 3.97%.
And the bottom 50% wonder why the laws always favor the rich. You get what
you pay for...
---
Man is not the creature of circumstances, circumstances are the creatures of
men. We are free agents, and man is more powerful than matter.
- Benjamin Disraeli
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| User: "Noon Cat Nick" |
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| Title: Re: OT: The Top 50% of Wage Earners Pay 96.03% of All Income Taxes |
17 Oct 2003 03:27:18 PM |
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Rich wrote:
The Top 50% of Wage Earners Pay 96.03% of All Income Taxes
The bottome 50% Pay only 3.97%.
Source?
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| User: "Joe User" |
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| Title: Re: OT: The Top 50% of Wage Earners Pay 96.03% of All Income Taxes |
17 Oct 2003 03:37:12 PM |
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On Fri, 17 Oct 2003 15:27:18 -0500, Noon Cat Nick
<chatdemidiSPAMBEGONE@catlover.com> wrote:
Rich wrote:
The Top 50% of Wage Earners Pay 96.03% of All Income Taxes
The bottome 50% Pay only 3.97%.
Source?
I don't have a source, but It's been in a couple of papers that the
top 1% contribute some huge percentage of the tax revenue to the
government, like 20% or something like that, so it makes sense the
rest of the top 49% would make up the difference.
The bottom 20% contribute next to nothing, yet are the largest
recipients of aid,which is to be expected, so the only remaining
factor is how much of the tax burden does the bottom 21-49% wage
earners contribute to the public coffers.
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| User: "Thomas Dehn" |
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| Title: Re: OT: The Top 50% of Wage Earners Pay 96.03% of All Income Taxes |
31 Oct 2003 08:53:51 AM |
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x-no-archive: yes
"Noon Cat Nick" <chatdemidiSPAMBEGONE@catlover.com> wrote:
Rich wrote:
The Top 50% of Wage Earners Pay 96.03% of All Income Taxes
The bottome 50% Pay only 3.97%.
Source?
Its percentage of 'Income Tax' not 'Tax'.
Neither is it 'All Taxes'. Neither does it state in any way
that the top 50% of the wage earners pay a higher
percentage of their earnings in taxes than the lower 50%.
To give a simple example: Bill Gates no doubt pays
quite some income tax on the money Microsoft pay him.
However, most of Bill Gates' total income has been
the increased value of his Microsoft shares. And he
does not pay any taxes on that.
The stat also might contain those bottom 20-30% who
technically have hardly any income, such as stay-at-home moms,
unemployed people, students whose costs of living
are fully funded by their parents and/or by loans.
I have a statistic to add: 50% of all income millionaires
in Hamburg, Germany, pay no income tax at all, and thus
technically would be eligible to apply for welfare.
Thomas
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| User: "CyberDroog" |
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| Title: Re: OT: The Top 50% of Wage Earners Pay 96.03% of All Income Taxes |
31 Oct 2003 02:12:59 PM |
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On Fri, 31 Oct 2003 15:53:51 +0100, "Thomas Dehn" <thomas-usenet@arcor.de>
wrote:
"Noon Cat Nick" <chatdemidiSPAMBEGONE@catlover.com> wrote:
Rich wrote:
The Top 50% of Wage Earners Pay 96.03% of All Income Taxes
The bottome 50% Pay only 3.97%.
Source?
Its percentage of 'Income Tax' not 'Tax'.
Neither is it 'All Taxes'. Neither does it state in any way
that the top 50% of the wage earners pay a higher
percentage of their earnings in taxes than the lower 50%.
To give a simple example: Bill Gates no doubt pays
quite some income tax on the money Microsoft pay him.
However, most of Bill Gates' total income has been
the increased value of his Microsoft shares. And he
does not pay any taxes on that.
The stat also might contain those bottom 20-30% who
technically have hardly any income, such as stay-at-home moms,
unemployed people, students whose costs of living
are fully funded by their parents and/or by loans.
The stat includes people who *pay* income tax. I fail to see why this is
so hard for some to understand. (I don't mean you, Neo, but some others
I've seen questioning it.)
---
In the beginning the Universe was created. This has made a lot of people very
angry and been widely regarded as a bad move.
- Douglas Adams
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| User: "Thomas Dehn" |
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| Title: Re: OT: The Top 50% of Wage Earners Pay 96.03% of All Income Taxes |
31 Oct 2003 04:35:12 PM |
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x-no-archive: yes
"CyberDroog" <CyberDroog@starfleet.gov> wrote:
On Fri, 31 Oct 2003 15:53:51 +0100, "Thomas Dehn" <thomas-usenet@arcor.de>
wrote:
"Noon Cat Nick" <chatdemidiSPAMBEGONE@catlover.com> wrote:
Rich wrote:
The Top 50% of Wage Earners Pay 96.03% of All Income Taxes
The bottome 50% Pay only 3.97%.
Source?
Its percentage of 'Income Tax' not 'Tax'.
Neither is it 'All Taxes'. Neither does it state in any way
that the top 50% of the wage earners pay a higher
percentage of their earnings in taxes than the lower 50%.
To give a simple example: Bill Gates no doubt pays
quite some income tax on the money Microsoft pay him.
However, most of Bill Gates' total income has been
the increased value of his Microsoft shares. And he
does not pay any taxes on that.
The stat also might contain those bottom 20-30% who
technically have hardly any income, such as stay-at-home moms,
unemployed people, students whose costs of living
are fully funded by their parents and/or by loans.
The stat includes people who *pay* income tax. I fail to see why this is
so hard for some to understand.
As we have not seen the stat itself, but only the
information from the subject line, I fail to riddle out
how you arrive at the conclusion that the stat does
not contain people who do not pay any income tax.
Thomas
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| User: "Criswell The Psychic Weatherman" |
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| Title: Re: OT: The Top 50% of Wage Earners Pay 96.03% of All Income Taxes |
04 Nov 2003 08:54:42 AM |
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Thomas Dehn wrote:
x-no-archive: yes
"CyberDroog" <CyberDroog@starfleet.gov> wrote:
On Fri, 31 Oct 2003 15:53:51 +0100, "Thomas Dehn" <thomas-usenet@arcor.de>
wrote:
"Noon Cat Nick" <chatdemidiSPAMBEGONE@catlover.com> wrote:
Rich wrote:
The Top 50% of Wage Earners Pay 96.03% of All Income Taxes
The bottome 50% Pay only 3.97%.
Source?
Its percentage of 'Income Tax' not 'Tax'.
Neither is it 'All Taxes'. Neither does it state in any way
that the top 50% of the wage earners pay a higher
percentage of their earnings in taxes than the lower 50%.
To give a simple example: Bill Gates no doubt pays
quite some income tax on the money Microsoft pay him.
However, most of Bill Gates' total income has been
the increased value of his Microsoft shares. And he
does not pay any taxes on that.
The stat also might contain those bottom 20-30% who
technically have hardly any income, such as stay-at-home moms,
unemployed people, students whose costs of living
are fully funded by their parents and/or by loans.
The stat includes people who *pay* income tax. I fail to see why this is
so hard for some to understand.
As we have not seen the stat itself, but only the
information from the subject line, I fail to riddle out
how you arrive at the conclusion that the stat does
not contain people who do not pay any income tax.
Thomas
Which has been my question to "RICH" in another newsgroup. What is the source
of the statement? Where is the reputable cite for the determination?
--
"A belief is not merely an idea the mind possesses;
it is an idea that possesses the mind." Robert Bolton
Criswell The Psychic Weatherman
ssenate@mindless.com
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| User: "harakiri" |
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| Title: Re: The Top 50% of Wage Earners Pay 96.03% of All Income Taxes |
17 Oct 2003 05:29:47 PM |
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how?
"Rich" <Rich@anon.com> wrote in message
news:WdTjb.8820$wk4.5869@newssvr16.news.prodigy.com...
The Top 50% of Wage Earners Pay 96.03% of All Income Taxes
The bottome 50% Pay only 3.97%.
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