"a sociopathic white supremacist Neo Nazi filled with hatred, fantasizing about mass murder nearly every day,"

^
Imagine thinking this person should have the right to bear arms.

Republicans truly believe we are all safer when people like him have guns.

It's a lifelong commitment to insanity. Republicans can't get better from this. Not even when their own kids die from guns will they think guns are bad for society. Even as guns are the leading cause of death for children, Republicans think guns are good.

The top 1% of Americans pay 40% of all federal income taxes.

Why "Americans." Should we tax immigrants more?

Say... Why don't Republicans want to tax rich foreigners more? They get the benefits of being in our country, they should pay extra for that.

Hopefully a Republican can explain why I'm wrong about that.

Michael Whatley's campaign has temporarily gone dark in North Carolina.

Congratulations on the job, Boaz!
Hopefully it turns into a permanent position for you.

politicians have been pointing the finger on inflation forever.
Americans don't understand it and the people who do understand it use it to their advantage.
Which is why who blames who matters very little.
#32 | Posted by eberly

It's not so much pointing their finger at inflation, but what they attribute inflation to.

Biden did a lot of attributing inflation to corporate greed, which turned out to be one of the major drivers of inflation.
Trump did a lot of attributing inflation to Biden, which is far less true, and from the angle where it is true, it's equally true of Trump.
So, those aren't really the same thing. One holds a lot more truth than the other.

Though I would argue you're right about something else. Most Americans don't really understand why the Fed is directed to maintain a low rate of inflation, and not, say, nearly zero inflation. The group who benefits the most economically from sustained low inflation is the very rich, more than any other economic bracket. Once you're liquid enough to make ends meet, storing wealth in debt is both tax-advantaged and mathematically advantaged, thanks to inflation. Most Americans don't understand that. Because people understand things that affect them personally, and for average Americans, their biggest purchase ever is their home, which is chump change.

meaning....how else would you determine eligibility and calculate credits like that if not on the federal return?
#45 | Posted by eberly

You're missing it.
You're conditioned to not understand.

People would not have to rely on handouts if sufficient wealth tricked down.

politics aside.....what's the alternative to putting those credits on the 1040?
#44 | Posted by eberly

Wages that keep up with productivity, like the economy your parents were able to raise you in, is the alternative.

Politically, one party has done everything in their power to prevent that from happening, since before you got your first paycheck.

The more taxes you roll into the calculation, the less the 1% pay as a total share of all taxes.
#37 | Posted by sitzkrieg

Because all other taxes are regressive.

Which is why the wealth apologizers only ever talk about the evil income tax. The only tax that expects high performers to produce more than lower performers.

"it disappears entirely over ~$200,000."

And they say that's fair. Why? Since SSI payments are capped at some maximum, so should the SSI tax be capped.

By that logic, all of our incomes should have a maximum, since marginal income tax rates also have a maximum.

But they don't really believe that.

It's just a cop-out that meshes well with hand-waving comments about "fair share."

"I'm asking because to remove payroll taxes always skews the % paid by the wealthiest up significantly."

Huh?

Payroll taxes are regressive. Including payroll taxes underscores how ordinary Americans pay a higher rate than the super wealthy.

Ordinary Americans pay 6.2% all year long. Super wealthy only pay that for a few hours or days -- above $184,500K their income is payroll-tax-free.

"Still think the rich arent paying their fair share?"

Let's stipulate the rich are indeed paying their fair share.

But, it's undeniably a fact the middle class pays a higher tax rate than the rich.

So are ordinary Americans paying more than their fair share?

Or is it the right thing to do, having the ordinary Americans pay a higher income tax rate than the super rich?