Taxes.....

I have been reading on da web that a bunch of obama supporters are pissed off about the taxes they are paying.  They though the nasty millionaires and billionaires will get screwed pay their "fair share":

  I used "commie pinko democrat"red to highlight the various texts..I thought it was appropriate ;)

Alex™” sounded bummed. “Obama I did not vote for you so you can take away alot of money from my checks.” Christian Dixon seemed crestfallen. “I’m starting to regret voting for Obama.” But “Dave” got his dander up over the tax hike: “Obama is the biggest f***ing liar in the world. Why the f*** did I vote for him”?
Of course, dozens of posters on DemocraticUnderground sought to blame it all (as usual) on President George W. Bush. “Your taxes went up because the leaders need to dig us out of this criminal deficit hole we are in which has been caused because taxes were too low during the Bush years. Everyone has to help by spreading the wealth around a little. Power to the correct people!” posted “Orinoco.”
But in fact, it was Mr. Obama who enacted the “holiday,” and, to be clear, the tax cut that he pushed throughout the campaign — remember? 98 percent of Americans will get a cut under his plan? — was really the extension of the Bush tax suts. Thus, it was Mr. Obama who raised taxes on millions of Americans, not Mr. Bush.
How many Americans? The nonpartisan Tax Policy Center in Washington put the total at 77.1 percent of all wage earners. In fact, “More than 80 percent of households with incomes between $50,000 and $200,000 would pay higher taxes. Among the households facing higher taxes, the average increase would be $1,635, the policy center said,” according to a Bloomberg News article. Hilariously, the tax burden will rise more for someone making $30,000 a year (1.7 percent) than it does for someone earning $500,000 annually (1.3 percent).
A whole new wave of Obama supporters still don’t even know: They’ll get their first 2013 paychecks on the 15th of the month. So when you’re shooting the breeze in the lunchroom with your grumbling co-workers on the 16th, just ask them, “Who’d you vote for in November?” When they say Mr. Obama, just tell them: “Well, you got what you voted for. You did know he was going to raise taxes, right?”
The looks on their faces will be priceless.

“What happened that my Social Security withholding’s in my paycheck just went up?” a poster wrote on the liberal site DemocraticUnderground.com. “My paycheck just went down by an amount that I don’t feel comfortable with. I guarantee this decrease is gonna’ hurt me more than the increase in income taxes will hurt those making over 400 grand. What happened?”
Shocker. Democrats who supported the president’s re-election just had NO idea that his steadfast pledge to raise taxes meant that he was really going to raise taxes. They thought he planned to just hit those filthy “1 percenters,” you know, the ones who earned fortunes through their inventiveness and hard work. They thought the free ride would continue forever.
So this week, as taxes went up for millions of Americans — which Republicans predicted throughout the campaign would happen — it was fun to watch the agoggery of the left.
“I know to expect between $93 and $94 less in my paycheck on the 15th,” wrote the ironically named “RomneyLies.”
“My boyfriend has had a lot of expenses and is feeling squeezed right now, and having his paycheck shrink really didn’t help,” wrote “DemocratToTheEnd.”
“BlueIndyBlue” added: “Many of my friends didn’t realize it, either. Our payroll department didn’t do a good job of explaining the coming changes.”
So let’s explain something to our ill-informed Democratic friends. In 2009, Mr. Obama enacted a “holiday” on the payroll tax deduction from employees’ paychecks, dropping the rate from 6.2 percent to 4.2 percent. But like the holidays, the drop ended, and like New Year‘s, the revelers woke up the next morning with a massive hangover and a pounding head.
   Read the full detail Here

Here are some of the taxes revenue we contribute to pay invest in  the machine in DC on the Potomac

Here is a list of the taxes revenue we pay, ALL of the inflicted on us by DEMOCRATS from the 20's onward with more on the local and city level! Remember the telephone tax? It was to pay for the Spanish-American War and as usual, politicians, once they tax us, they can't stop! It was finally done away with under the Gingrich 94 Congress. But now, if you read your cell phone bill, that tax is back, to pay for those free Obamafones that the parasites,leeches,moochers Obama base get as a payoff for their vote.

Accounts Receivable Tax,
Building Permit Tax,
CDL license Tax,
Cigarette Tax,
Corporate Income Tax,
Dog License Tax,
Death Tax,
Excise Taxes,
Federal Income Tax,
Federal Unemployment Tax (FUTA),
Fishing License Tax,
Food License Tax,
Fuel Permit Tax,
Gasoline Tax (currently 44.75 cents per gallon - higher in some Blue States!),
Gross Receipts Tax,
Hunting License Tax,
Inheritance Tax,
Inventory Tax,
IRS Interest Charges IRS Penalties (tax on top of tax),
Liquor Tax,
Luxury Taxes,
Marriage License Tax,
Medicare Tax,
Personal Property Tax,
Property Tax, (Slavery to government that prevents you from REALLY owning your land)
Real Estate Tax,
Service Charge Tax,
Social Security Tax,
Road Usage Tax,
Recreational Vehicle Tax,
Sales Tax,
School Tax,
State Income Tax,
State Unemployment Tax (SUTA),
Telephone Federal Excise Tax,
Telephone Federal Universal Service Fee Tax,
Telephone Federal, State and Local Surcharge Taxes,
Telephone Minimum Usage Surcharge Tax,
Telephone Recurring and Nonrecurring Charges Tax,
Telephone State and Local Tax,
Telephone Usage Charge Tax,
Utility Taxes,
Vehicle License Registration Tax.
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax
Workers Compensation Tax

The Rich paying their fair share

The United States is actually more dependent on rich people to pay taxes than even many of the more socialized economies of Europe. According to the Tax Foundation, the United States gets 45 percent of its total taxes from the top 10 percent of tax filers, whereas the international average in industrialized nations is 32 percent. America’s rich carry a larger share of the tax burden than do the rich in Belgium (25 percent), Germany (31 percent), France (28 percent), and even Sweden (27 percent)."

Amazing isn't it. TEN percent of the population paying almost 50% of the freight.  Who cares if they move their wealth offshore, move their businesses to tax friendlier countries like Switzerland, so long as the parasites get their free Obama phone in order to text their homie in the cardboard box next to them.

Liberals are NEVER satisfied with the tax rate until it hits 100%. Dad always said that liberals would bitch if they were hung with a new rope. Maybe one day, we'll get to find out.

Tax information....

Monday Map: Percentage of Federal Income Tax Revenue from Filers Making Over $200,000

July 16, 2012

By: 

Nick Kasprak

Today's Monday Map looks at the percentage of federal income tax revenue from each state that is paid by filers with incomes over $200,000. Such filers make up a small percent of the population but pay a high percent of total tax revenue. Given that President Obama proposes to let the Bush tax cuts expire for single filers earning over this threshold (and for married filers earning over $250,000) this map gives an idea of the states that would be most affected.

Click on the map to enlarge it.
View previous Monday Maps here.

If you found this material useful, please consider making a donation to the Tax Foundation.Donate

Intro to Tax Policy Blog

The Tax Policy Blog is the official weblog of the Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937. Our economists welcome your feedback. If you would like to send an e-mail to the author of a blog post, please click on that person's name to locate his or her e-mail address or visit our staff page here.
RSS

Donate

Join the Tax Foundation's fight for sound tax policy Go

Monthly Archive

Disclaimer

All views expressed on the Tax Foundation’s Tax Policy Blog are those of the individual authors, and do not necessarily represent the views of the Tax Foundation, its Board of Directors, or its financial contributors. The Tax Foundation makes no representation concerning the views expressed, and does not guarantee the source, originality, accuracy, completeness or reliability of any statement, information, data, finding, interpretation, advice, opinion, or view presented.

 My Tax Return

The IRS sent my Tax forms back! AGAIN!!!
I guess it was because of my response to the question : "List all dependents?"
I replied -"12 million illegal immigrants;"3 million crack heads;"42 million unemployable people on food stamps,"2 million people in over 243 prisons; "Half of Mexico ; and
"535 fools in the U.S. House and Senate.”


Apparently, this was NOT an acceptable answer.

Perspective

Got this from Maxwell, will post as soon as I recover from my busy weekend

I participated in a "retirement fund" pool at work so I have a couple of tickets

Texas versus California

Saw this surfing around.....The difference between California and Texas is astounding.   Both show a different approach to governance.    *sorry Wirecutter, don't mean to rag on your state.

California governor Jerry Brown

   

One in five Americans calls California or Texas home. The two most populous states have a lot in common: a long coast, a sunny climate, a diverse population, plenty of oil in the ground, and Mexico to the south. Where they diverge is in their governance.

For six years ending in 2010, I represented almost 500,000 people in California’s legislature. I was vice chairman of the Assembly Committee on Revenue and Taxation and served on the Budget Committee. I was even a lieutenant colonel in the state’s National Guard. Before serving in Sacramento, I worked as an executive in California’s aerospace industry.
I moved to Texas late last year, joining the 2 million Californians who have packed up for greener pastures in the past ten years, with Texas the most common destination.
In his State-of-the-State address this January, California governor Jerry Brown said, “Contrary to those declinists who sing of Texas and bemoan our woes, California is still the land of dreams. . . . It’s the place where Apple . . . and countless other creative companies all began.”

Fast forward to March: Apple announced it was building a $304 million campus in Austin with plans to hire 3,600 people to staff it, more than doubling its Texas workforce. California may be dreaming, but Texas is working.
California’s elected officials are particularly adept at dreaming up ways to spend other people’s money. While the state struggles with interminable deficits caused by years of reckless spending, the argument in Sacramento isn’t over how to reduce government; rather, it’s over how much to raise taxes and on whom. Governor Brown is pushing for a tax increase of $6.9 billion per year, to appear on this November’s ballot. California’s powerful government-employee unions and Molly Munger, a wealthy civil-rights attorney (wealthy by dint of being the daughter of Warren Buffett’s business partner) are offering two competing tax-hike plans. The silver lining may be that having three tax hikes on the ballot will turn voters off all of them.
Meanwhile, lawmakers in Texas are grappling with a fiscal question of an entirely different sort: whether or not to spend some of the $6 billion set aside in the state’s rainy-day fund.
California’s government-employee unions routinely spend tens of millions of dollars at election time to maintain their hold on power. In Texas, the government unions are weak and don’t have collective bargaining, leaving trial attorneys as the main source of funding for Lone Star Democrats.
California’s habit of raising taxes to fund a burgeoning regulatory state isn’t without impact on its economy. Californians fork over about 10.6 percent of their income to state and local governments, above the U.S. average of 9.8 percent. Texans pay 7.9 percent. This affects the bottom line of both consumers and businesses.
With that money, Californians pay for more government. The number of non-education bureaucrats in California is close to the national average, at 252 per 10,000 people. Texas gets by with a bureaucracy 22 percent smaller: 196 per 10,000.
Of course, having more government employees means making more government rules. According to a 2009 study commissioned by the California legislature, state regulations cost almost $500 billion per year, or five times the state’s general-fund budget. These regulations ding the average small business for some $134,122 a year in compliance and opportunity costs.
While California has more bureaucrats, Texas has 17 percent more teachers, with 295 education employees per 10,000 people, compared to California’s 252.
The two states’ educational outcomes reflect this disparity. If we compare national test scores in math, science, and reading for the fourth and eighth grades among four basic ethnic and racial categories — all students, whites, Hispanics, and African-Americans — Texas beats California in every category, and by a substantial margin. In fact, Texas schools perform consistently above the national average across categories of age, race, and subject matter, while California schools perform well below the national average.
Apologists for the Golden State frequently point to Texas’s flourishing oil and gas industry as the reason for its success. Texas does lead the nation in proven oil reserves, but California ranks third. The real difference isn’t in geology but in public policy: Californians have decided to make it difficult to extract the oil under their feet.
Further, contrary to popular opinion, California’s refineries routinely produce a greater value of product than do refineries in Texas, mainly because the special gasoline blends that California requires are more costly.
Another advantage that Texas enjoys over California is in its civil-justice system. In 2002, the U.S. Chamber of Commerce ranked Texas’s legal system 46th in the nation, just behind California’s, which was 45th. Texas went to work improving its lawsuit environment, enacting major medical-malpractice reforms in 2003. Texas’s ranking consequently jumped ten places in eight years, while California’s dropped to 46th. In the last legislative session, Texas lawmakers passed a landmark loser-pays provision, which promises to further curtail frivolous lawsuits.
While California seeks more ways to tax success, it excels at subsidizing poverty. The percentage of households receiving public assistance in California was 3.7 percent in 2009, double Texas’s rate of 1.8 percent. Almost one-third of all Americans on welfare reside in California.
With this in mind, it makes perfect sense that only 18 percent of the Democrats who control both houses of California’s full-time legislature worked in business or medicine before being elected. The remainder drew paychecks from government, worked as community organizers, or were attorneys.
In Texas, with its part-time legislature, 75 percent of the Republicans who control both houses earn a living in business, farming, or medicine, with 19 percent being attorneys in private practice. Texas Democrats are more than twice as likely as their California counterparts to claim private-sector experience outside the field of law.
That Texas’s legislature is run by makers and California’s by takers is glaringly obvious from the two states’ respective balance sheets.
— Chuck DeVore served in the California State Assembly from 2004 to 2010 and was a Republican candidate for the United States Senate in 2010. He is currently a visiting senior fellow in fiscal policy at the Texas Public Policy Foundation