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runaroundsue
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 Posted: 10/19/04 - 12:34 Post subject:
| rtpd113 wrote: | How much did Kerry and Heinz-Kerry pay in taxes. I believe their effective tax rate was like 12.5 percent.
So much for those rich paying their share. |
and I find that totally ridiculously that I pay a higher percentage than him. Which is simply why I can't vote for him. He calls me rich...ha! Work on fixing the tax structure and really make the rich pay their fair share. 12.5% is totally ridiculous
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elkid
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Posted: 10/19/04 - 12:37 Post subject:
| runaroundsue wrote: | | do Senators pay taxes on their salary?? |
Of course they do. Anyone who earns a salary above the table does. So sayeth the 16th Amendment.
Cappy - I'm not saying that $150-$175K annually is not a lot of money. We both could live way comfortably on that kind of dough. According to the tax bracket structure and socioeconomic class definitions, however, it is NOT considered rich, but middle class. So if you take a senator's salary and put it up against a rich person's, you're going to see a huge difference. That was my point.
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phillycat
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Posted: 10/19/04 - 12:39 Post subject:
| runaroundsue wrote: |
exactly MY point. |
Are you classifying Senators as corp. execs? You could easily do the same with certain physicians....at least the ones that I used to work with.
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elkid
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Posted: 10/19/04 - 12:41 Post subject:
| phillycat wrote: | | Are you classifying Senators as corp. execs? You could easily do the same with certain physicians. |
Now you've done it.
FLAME ON!
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Cappy
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Posted: 10/19/04 - 12:41 Post subject:
| elkid wrote: |
Cappy - I'm not saying that $150-$175K annually is not a lot of money. We both could live way comfortably on that kind of dough. According to the tax bracket structure and socioeconomic class definitions, however, it is NOT considered rich, but middle class. So if you take a senator's salary and put it up against a rich person's, you're going to see a huge difference. That was my point. |
I see your point, and I agree with you. Sen's Kerry, Rockefeller, Kennedy and Corzine, et al, are not living on there Senate salaries alone. They either inherited, married, or earned their real money.
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genie
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Posted: 10/19/04 - 12:44 Post subject:
| elkid wrote: |
I for one am sick and tired of seeing how much money we pour out to other countries, and then seeing the homeless, the un- or underinsured, the hungry, and the uneducated in my travels. |
Oh, big fat freaking hugely in agreement  to that, sistah! This is something that annoys me to no end, particularly when half the ingrates we do give foreign aid to still hate us and would stab us in the back figuratively, politically and literally speaking, at the drop of a hat.
Close the damn borders and the government pocketbook and make this the "Land of Opportunity" for our own people FIRST. THEN if there's money left over, worry about everyone else's country. 
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copteacher
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Posted: 10/19/04 - 12:45 Post subject:
I do not care what people make. I just want a flat tax rate period. No deduction no nothing.
A lot of spreadsheeters would not be happy. And the IRS would effectively be out of business.
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Cappy
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Posted: 10/19/04 - 12:46 Post subject:
| rtpd113 wrote: | I do not care what people make. I just want a flat tax rate period. No deduction no nothing.
A lot of spreadsheeters would not be happy. And the IRS would effectively be out of business. |
I like that idea (the flat tax)
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runaroundsue
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Posted: 10/19/04 - 12:46 Post subject:
| Cappy wrote: |
Hell I think I could live pretty comfortably on a Senate salary.
I don't think people want to be a Senator for the money. I think its more of a power thing |
I'm going to agree with El Kid. Each candidate has no desire to fix the tax thing. It would mean fixing loopholes and that affects both of them. So for her, it's a mute point. It isn't a mute point for people that earn over $200k.....how nice that Kerry didn't pick $150k so his fellow senators wouldn't be affected.  Kerry isn't getting votes from this tax bracket and has nothing to lose. Over $200k is very few, and I agree with Genie....will not make up the big difference that is needed, and that is where Kerry's platform to tax 200K is "very" mute. He's going to have to lower that "earned income" salary to make any dent. He can't promise that now as it will piss off professional people with two decent salaries. So pick 200K because it will get the families earning 60-100k in his corner....."yeah, tax those rich people", I'm voting for him.
People should be pissed that $200k on earned income does not affect John Kerry at all!
I'm out.
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genie
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Posted: 10/19/04 - 12:47 Post subject:
| elkid wrote: |
Cappy - I'm not saying that $150-$175K annually is not a lot of money. We both could live way comfortably on that kind of dough. According to the tax bracket structure and socioeconomic class definitions, however, it is NOT considered rich, but middle class. |
Hence my complaint that the "middle class" are the ones responsible for carrying the load for everyone, despite the fact that there are many in this country who make far more than us and pay far less taxes. And to a single mother of three children struggling to survive on $15,000 or less a year, $150K IS rich. To a senator who marries into millions, perhaps not so much. It's all a matter of perspective. But it's that kind of perspective that is so dangerous to our economic status, no?
Yikes, did we just kind of agree more than once in the same thread? 
Last edited by genie on 10/19/04 - 12:49; edited 1 time in total
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runaroundsue
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Posted: 10/19/04 - 12:48 Post subject:
| phillycat wrote: |
Are you classifying Senators as corp. execs? You could easily do the same with certain physicians....at least the ones that I used to work with. |
earned income. earned income. earned income. earned income. are you getting it????
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runaroundsue
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Posted: 10/19/04 - 12:49 Post subject:
| elkid wrote: |
Now you've done it.
FLAME ON! |
yes, some physicians have become corporate savvy and build their own infrastructure. However, most are still employees in a hospital.
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phillycat
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Posted: 10/19/04 - 12:51 Post subject:
| runaroundsue wrote: |
earned income. earned income. earned income. earned income. are you getting it???? |
Uh yeah......I get it. Most of the physicians that I worked with make over $300,000/year of EARNED INCOME (see, I got it). They worked in a hospital and not for a private practice.
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genie
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Posted: 10/19/04 - 12:55 Post subject:
| runaroundsue wrote: |
yes, some physicians have become corporate savvy and build their own infrastructure. However, most are still employees in a hospital. |
And a lot of the ones I know are doing better than I am but are not rich by far inasmuch as you think of "rich people" like the Hollyweirdoes. How come nobody's complaining about those morons making millions of dollars for one stinking movie? I'm sorry, but entertainment is the least important contributor to the structure of our society, IMHO. I'd like to see those who "serve, support and caretake" get more breaks and better pay--you know, those who are actually making a worthy contribution to the betterment of society.....?
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runaroundsue
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Posted: 10/19/04 - 12:56 Post subject:
| Cappy wrote: |
I like that idea (the flat tax) |
Forbes wasn't given the light of day. They say it won't work. Now I question who "they" is. I like the idea, if there is a bottom line on income that pays nothing. No loopholes for anyone, but there has to be a line where it is felt that a person doesn't pay in order to have a chance to "get ahead". And if there isn't enough usurped this way, tax luxuries-----no loopholes for the rich that want their goodies that only money can buy. Think either George or John would go for that?
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