Comments on: Tax Burden Continues Shift to the Rich Under Bush Tax Policy

By: Obama; "I will not rest..." - Page 3 - RC Groups

Obama; "I will not rest..." - Page 3 - RC Groups — Thu, 15 Jul 2010 11:23:47 +0000

[...] Posted by madsci_guy http://thenewpundit.com/2008/07/26/t…sh-tax-policy/ Now doesn't that make you feel better, to know that the rich paid more under Bush? Wow, you [...]

By: Doug Ragan

Doug Ragan — Sat, 02 May 2009 01:50:45 +0000

You aren’t paying attention. Tax burden isn’t the percentage of personal income that someone pays, it is the percentage of collected taxes that someone pays.

By: James Mort

James Mort — Fri, 01 May 2009 16:32:14 +0000

Warren Buffet earned $46 million and paid just 17.7% total income tax, fica and medicare. His receptionist made just $60,000 and paid 30%. This tells me the tax burdern may have shifted in the wrong direction.

By: Doug Ragan

Doug Ragan — Thu, 19 Mar 2009 12:26:58 +0000

Please try to ensure that you make sense when you leave a comment, thank you.

By: You can't even follow your own logic, dude

You can't even follow your own logic, dude — Thu, 19 Mar 2009 02:57:54 +0000

“Tax burden” eh? That’s a conveniently loaded term given that the only way to increase your “tax burden” under a lower tax rate is to make more money. (Zmg you left out the bit about how much the highest percentiles’ income increased but you include it for the poor–I’m shocked!)

You can play all the semantic games–or link to someone in a think tank playing those same games–all you want. In the end it’s mathematically impossible to pay more *dollars* in taxes under a lower rate unless you also *make more money.*

And btw, I suspect you might want to beat your chest and declare that I just stepped on a rhetorical landmine ie ‘exactly the point of the policy’ or whatever. If you have that urge why don’t you take a look at how tax revenues changed under the Bush plan before acting on it? The Laffer curve is supposed to *increase* tax revenues, not vice versa. If the new argument is that we can decrease tax revenues by cutting taxes for people, the new answer is “duh.”

By: Doug Ragan

Doug Ragan — Wed, 04 Feb 2009 11:55:01 +0000

Marcus, please try to read before you ask questions that are already answered.

“New data released by the IRS for tax year 2006″

That is where the data came from.

By: Marcus McBeen

Marcus McBeen — Wed, 04 Feb 2009 07:46:03 +0000

What hogwash! Where are you getting your data. Please read the information from the Congressional Budget Office. You are living proof that figures don’t lie but liars can sure figure.

In the past 8 years, the National debt has increased over 5 trillion dollars, and the wealth of the nation has gone to the top 1% of the tax payers. These are the facts!

By: Tax Burden Continues Shift to the Rich Under Bush Tax Policy

Tax Burden Continues Shift to the Rich Under Bush Tax Policy — Sat, 26 Jul 2008 22:21:51 +0000

[...] to comments. Tax Burden Continues Shift to the Rich Under Bush Tax Policy I’m A Pundit Too ^ | 7/26/2008 | Doug [...]