News for liberals The US has the most progressive tax rate

[Sgt Staples]

A new study on inequality by researchers at the Organization for Economic Cooperation and Development (OECD) in Paris reveals that when it comes to household taxes (income taxes and employee social security contributions) the U.S. "has the most progressive tax system and collects the largest share of taxes from the richest 10% of the population." The U.S. tax system is far more progressive—meaning pro-poor—than similar systems in countries most Americans identify with high taxes, such as France and Sweden.

http://www.taxfoundation.org/blog/show/23856.html

 

[Bo-4]

Enjoying the lowest tax rates under Obama since the 1950's Sarge?

I knew you were!

 

[Sgt Staples]

Enjoying the lowest tax rates under Obama since the 1950's Sarge?

I knew you were!

The current income tax rates were Bush's tax rates. If the Republicans had not taken the House, those rates would have went up. Unfortunately, even with the Bush rates, we are paying a hidden tax due to this administrations weak dollar policy which is causing significant increases in food and energy prices.

The only tax he's cutting is the payroll tax, which will hasten the bankruptcy of social security. And the reason he cut that, rather than the income tax is because a large portion of the public pays ZERO income taxes, they do pay payroll taxes.

And a second Obama term will result in a National Sales tax along with the income tax. In other words, everyone will get screwed.

You'll also see massive increases in energy and food costs, continued dollar devaluation, and massive increases in the debt.

 

[GordonGecko]

So, Sarge, would I be wrong in guessing you want us to cut taxes MORE for the wealthy?

 

[Sgt Staples]

So, Sarge, would I be wrong in guessing you want us to cut taxes MORE for the wealthy?

Absolutely.

 

[Bo-4]

Wrong.. Obama cut taxes even more than Boy Blunder did.

http://www.americanprogress.org/issues/2011/09/obama_bush_taxes.html

 

[Sgt Staples]

Wrong.. Obama cut taxes even more than Boy Blunder did.

http://www.americanprogress.org/issues/2011/09/obama_bush_taxes.html

American Progress---straight from the mouth of George Soros.

You gotta quit reading that propaganda.

Obama a tax cutter? BWAHAHAHAHAHA. This is what he wants to do, but the those evil Republicans are standing in his way.

Obama calls for broad tax increases
Wants three dollars in taxes for each dollar of cuts....

Obama unleashed, what a friggin' nightmare that would be.

http://www.washingtontimes.com/news/2011/sep/18/obama-call-broad-tax-increases/

 

[degsme]

A new study on inequality by researchers at the Organization for Economic Cooperation and Development (OECD) in Paris reveals that when it comes to household taxes (income taxes and employee social security contributions) the U.S. "has the most progressive tax system and collects the largest share of taxes from the richest 10% of the population." The U.S. tax system is far more progressive—meaning pro-poor—than similar systems in countries most Americans identify with high taxes, such as France and Sweden.

http://www.taxfoundation.org/blog/show/23856.html

you did read the caveat right"

But a new study on inequality by researchers at the Organization for Economic Cooperation and Development (OECD) in Paris reveals that when it comes to household taxes (income taxes and employee social security contributions) the U.S. "has the most progressive tax system and collects the largest share of taxes from the richest 10% of the population."
[/incent][/i​

IOW, its not the most progressive system unless you cherrypick the data.... and since the Tax Foundation is an avowed conservaive organization...​

 

[degsme]

Originally Posted by GordonGecko
So, Sarge, would I be wrong in guessing you want us to cut taxes MORE for the wealthy?

Absolutely.

You do realize you just said you wanted to hold or raise taxes on the welathy righ???

Or is this another case where a cosnervative can't reason their way out of a wet paper bag.

 

[degsme]

American Progress---straight from the mouth of George Soros.

And that's different than the propoganda source you cited how?

 

[Sgt Staples]

IOW, its not the most progressive system unless you cherrypick the data.... and since the Tax Foundation is an avowed conservaive (sic) organization...

Yes but the OECD is non partisan. And as far as cherry picking data, we are talking about the income and payroll taxes that fund the federal (national) government, not state and local taxes, which vary greatly between the different states, with liberal states having much higher a tax burden imposed on their residents.

That is a fair comparison.

 

[Bo-4]

What bunk.. he wanted $1 in revenues and $3 in cuts. Your clowns said no.