Study: effective tax rate of poor 2X that of rich; middle class tax rate higher too

Mowgli

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Yes we can but if we did this country would be at a standstill. Its rich vs poor since the beginning of currency.

When the poor replace the rich it will just turn into a new rich v.s poor. These poor greedy slobs are just as bad as the people running shyt. It is what it is. The strongest will prevail until the reset button gets hit.
 

Jhoon

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When the poor replace the rich it will just turn into a new rich v.s poor. These poor greedy slobs are just as bad as the people running shyt. It is what it is. The strongest will prevail until the reset button gets hit.

I wish god can call you home in a couple hours.
 
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They don't hear you though.

This is just typical Reagan/Lee Atwater "welfare queens" bullshyt, meant to get the middle class mad at the poor while they are being robbed from the "job creators".

trickledown.jpeg

This image will never get old as far as making me mad. I hate to say it but that shyt is the definition of rich cacs gon cac.
 
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Sure, if you have kids. Otherwise this is :duck: .

EITC for individuals has limit of about 14k.

20,000 - Standard deduction (5950) - personal (3800) =

10,250

Tax liability= 870 + .15(10,250 -8700)

Tax liability= 870 + 233= 1103

EITC= 265

Tax liability before any other possible credits of deductions.
838

effective tax rate. 838/20,000 = 4%

Going to community college or simply opening up a IRA would wipe that out.

So I don't see where the Ducktales are at.
 

Brown_Pride

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There is a problem with generational welfare, but to think cutting off benefits is the solution or the fact they receive welfare is the problem is ignorance
@Brown_Pride

1. I never said cutting off benefits, but decreasing them.
2. I never said the fact that they receive welfare was a problem.

I said, we should attach stipulations to the money people receive.

I'll even go so far as to say we should attach NO STIPULATIONS for up to 2 years. After that point though...honestly, you need to do something to get that check.
 
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Brown_Pride

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Perhaps, but where are your priorities? Very few people are stealing welfare, and those that do have a minor effect on society. Banks and big business, on the other hand, have made stealing "welfare" their standard modus operandi, and they're affecting society in a very profound and significant way.
PolitiFact Georgia | Is education level tied to voting tendencies?

my thought on this is you get what you vote for. Guess who don't vote, poor uneducated people; and when they do vote guess who they vote for?

How many times have we seen and laughed at people voting against their own best interests? Far to often. My theory is that these people are just ignorant and get sold on whatever they are fed. It'll always be harder to dupe an educated person, this is the importance of education, this is what makes this idea a good one. Personally I doubt it'll affect anyone financially, on a "oh shyt they're expecting us to do shyt" type tip, i suspect it'll put a fire under some asses to start paying attention.

For me this was never about money. I've argued millions of times over that "welfare" is a red herring. Budget wise it's a blip on the radar...but i also understand that my analysis of this situation is based on current numbers, fact of the matter is over time welfare and medical care will exceed that of defense spending and will continue to grow. That's just not sustainable.

I'll wholeheartedly admit this is not the best idea to address this, but given the lack of anything being pushed in this direction i'll take what I can get.

We know dems aren't going to try and ram this down, it's politically not smart, for the country though, this issue needs to be addressed and if it takes an ignorant, racist to get the ball rolling...well like i said, if an enemy tells me not to stick my junk in a running blender i'll support that idea regardless of it's origin.
 
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