Saturday, November 15, 2008

Tipping Point is Here

  • During the presidential election campaign many were dumbfounded upon hearing for the first time that at least a third of Americans pay no income taxes whatsoever. The Tax Foundation notes that in 2006, 45.6 million filers (33%) paid no income tax whatsoever. Under current law, in 2009 47 million filers—representing approximately 96 million individuals— will pay no income tax.

    The Foundation maintains that under Obama's tax plan 63 million filers— representing 44% of all returns— will pay no income tax. In contrast, in 1985, just 16.5% of filers paid no income tax.

    It appears Obama wasn't kidding about redistributing the wealth, although he appears to be somewhat late to the game.
Forty-four percent of Americans paying no income tax? Where's their stake in the country? Where's their skin in the game? Why are we working our asses off every year to support almost half the country? Maybe only people doing the handing out ought to be allowed to vote.

At some point (and seeing all the money fleeing Wall Street right now, that point might be now) the people who can afford to are just going to stop working, stop investing, stop creating jobs and just ride this out.

Labels:

41 Comments:

Anonymous Anonymous said...

Good Blog Post SCC. That's what I'm talking about. I've been saying it for years. Chicago is fucked because it caters to way way too many non tax paying lazy system abusing loafers.

I work as the police, go to court, work special and work 2 side jobs just to send my kids to a good school and put an average roof over our heads. I've been working since the age of 14 part time, then 2 part time jobs at 16 and 17 years old, then a full time job and a part time job at 17-19 then I became a cop at 22 years old. Work work work. The American way but this country is falling apart from the inside out and now we're really fucked because dumb ass Obama wants to cater to the loafers even more.

11/15/2008 12:16:00 AM  
Anonymous Anonymous said...

It would be more interesting to know:


1. the breakdown, according to yearly, taxable income, of those who don't pay federal income tax


2. the actual amounts of taxes not being paid, categorized per yearly income


3. the reasons each non-tax paying filer used to achieve a zero federal tax liability


4. the number of non-federal tax payers that are not individual, living human beings, but, rather, legal entities


5. the total amount of federal benefits, being paid for by federal taxes, divided into those monies being paid to a) individual, living human beings, b) private sector legal entities and c) public sector legal entities


6. the total amounts of federal benefits, being paid for by federal taxes, categorized by the criteria and federal programs dispensing same


7. the base standards by which federal tax liability is calculated and the deviations from said standards by which the above, non-tax paying individuals, both living human beings and legal entities, private sector and public sector, are not required to meet those base standards of federal tax liability



Keeping in mind that both of the following are true:


The devil is in the details.

and

When complexities are simplified, specificity, and, thus, complete truth, is lost.

11/15/2008 12:23:00 AM  
Anonymous Anonymous said...

For some reason "The Rise and Fall of the Roman Empire" comes to mind.

Will we all agree that Barry will get 8 years??

NO?? The who is going to be the one to dethrone the messiah?

An Ultra-Conservative maybe? Im still wondering why when I question Democrats that Im called a racist.

11/15/2008 12:24:00 AM  
Blogger kateykakes said...

Funny that I read this post after I just got done bitching on my blog about how much I dislike my job, but despite it all, I'm thankful to have one given the way the economy is.

And I hate feeling like I'm being raped every week when I check my pay stub online, knowing my government is just giving it away to someone that could be out there working but are just too damned lazy and would rather wait for the handout. Bastards.

11/15/2008 12:39:00 AM  
Anonymous We Need Reagan said...

Nice post, SCC.

As one who did stupid things...at least in this bizarro-world...such as sacrifice and work summers and nights to put myself through school, buy a house I can actually afford, not bury myself in huge car payments or debt I can't pay, take care of my kids needs, all these silly middle class values, I am sick and tired of this shit.

I was a middle of the road guy, I supported liberal social policies, but I am done with this shit. I refuse to be punished for being responsible, following the law, having values, any longer. Tipping point...yeah, I tipped.

11/15/2008 12:39:00 AM  
Anonymous Anonymous said...

Warren Buffet has stated that he pays less taxes than his secretary, yet he's a billionaire. How can that be?

For starters, because the rich are given so many opportunities to write off taxes that it is the rest of us that end up making up the difference.

After 8 years of Republicans running the White House, it's not surprising that the millionares have obtained even more ways to pay NO taxes.

I know your goal here is to:

1) get everyone all crazy and swearing at each other;

2) get people calling welfare people all kinds of MF's;

3) stir up the racists into calling President-Elect Obama all sorts of names;

4) have people tell us how THEY KNOW how the next administration will ruin the country;

5) rant on about the lack of a flag lapel pin;

6) and generally disagree as to Obama's politics, ie. communist, socialist, marxist, chauvanist, pugilist, numismatist etc, etc.

It's about time, however, that the ultra-rich 2% at the top of the food chain start paying some taxes instead of dodging them through all sorts of loopholes that are not available to the rest of the schmucks. And yes, it's also time for reform of all of the wefare and disability programs as well. Too many people are getting away scott-free in this country and if it doesn't get corrected pretty quick, we're all in trouble!!!!


Oh, and Daley sucks yak penis!

11/15/2008 01:25:00 AM  
Anonymous Anonymous said...

it's going to get a lot crazier before it gets any better,per. Dep. cheif, car 47.

11/15/2008 01:40:00 AM  
Anonymous Anonymous said...

If you haven't read Atlas Shrugged by Ayn Rand, now would be a good time. It was written in the late 1930's before she moved to an apartment near Kedzie and Eastwood. She described what our country is going through now, but she called it 70 years ago. Don't let the 50 page monologue stop you from reading the rest of the book. Get what you can out of it and keep going.
I am John Galt.

11/15/2008 01:45:00 AM  
Anonymous Anonymous said...

it's a lot like the police department.
CHOISE A : be a worker. seek out opportunities to enforce the law every day and put your self at risk both physically and financially knowing that your chance of advancement this way is low.
CHOISE B : be a dog. avoid enforcing the law knowing that each encounter brings with it potential high risk with little possibility of advancement.
CHIOSE C : be a suck up. get an inside position as close to the big bosses as possible knowing this to be the lowest risk, highest reward option.
TODAY most of the bosses are suckups and many of the workers have become dogs resulting in this dysfunctional organization known as the CPD.

11/15/2008 01:48:00 AM  
Anonymous El Paso Mark said...

In-freakin-credible isn’t it!? Not only do they not pay taxes, the “chosen one” wants to give them a tax handout too. Pay no taxes and then get an additional handout from those of us who do (Pay taxes). Sheesh. There’s a real incentive to work.

Cheers,

Mark

11/15/2008 04:01:00 AM  
Anonymous Anonymous said...

un-fucking-believable

third-wordl cocksuckers

11/15/2008 07:47:00 AM  
Anonymous Anonymous said...

Are we going to be like NewZealand. 30 percent of the population pays for the other 70 percent. Very scary!!! But realistic in another 8 years by your calculations.

11/15/2008 08:13:00 AM  
Anonymous in memoriam said...

Parasites and savage predators will bury the USA. Cause of death: Suicide.

It was a great ride.

July 4, 1776 - January 20, 2009.

11/15/2008 08:14:00 AM  
Anonymous Anonymous said...

I'm going Bohemian with my cash nestegg. All in 100's under the mattress.

11/15/2008 08:45:00 AM  
Anonymous Anonymous said...

and when that number starts to sink in, you have the "chain immigration" now being pushed by that group. It will wave the wand and make illegals legal and allow for the family memebers to follow, if so, that will have millions of unemployed to add to the huge numbers expected because of the economy... hopefully this new pres isn't going to grab the third rail that soon

11/15/2008 08:55:00 AM  
Anonymous Anonymous said...

'About the time our original thirteen states adopted their new constitution in 1787, Alexander Tyler, a Scottish history professor at the University of Edinburgh, had this to say about the fall of the Athenian Republic some 2,000 years earlier:

A democracy is always temporary in nature; it simply cannot exist as a permanent form of government.

A democracy will continue to exist up until the time that voters discover they can vote themselves generous gifts from the public treasury.

From that moment on, the majority always vote for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship.

The average age of the world's greatest civilizations from the beginning of history, has been about 200 years.

During those 200 years, those nations always progressed through the following sequence:

1. From bondage to spiritual faith
2. From spiritual faith to great courage
3. From courage to liberty
4. From liberty to abundance
5. From abundance to complacency
6. From complacency to apathy
7. From apathy to dependence
8. From dependence back into bondage'

http://museice.blogspot.com/2008/11/vote-yourself-into-bondage.html

11/15/2008 09:05:00 AM  
Anonymous Anonymous said...

(found entry awhile ago on your blog)
Bar Stool Economics
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this:
The first four men(the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man(the richest)would pay $59.
So, that's what they decided to do The ten men drank in the bar every
day and seemed quite happy with the arrangement, until one day, the owner threw them curve. 'Since you are all such good customers, he said, 'I'm going to reduce the cost of your daily beer by $20. Drinks for the ten now cost just $80. The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free. But what about the other six men-the paying customers? How could they divide the $20 windfall so that everyone would get
his'fair share?'
They realized that $20 divided by six is $3.33. But if they
subtracted that from everybody's share,then the fifth man and the sixth man would each end up being paid to drink his beer. So, the bar owner suggested that it would be fair to reduce each man's bill by roughly the same amount, and he proceeded to work out the amounts each should pay.
And so:
The fifth man, like the first four, now paid nothing(100%savings).
The sixth now paid $2 instead of $3(33%savings).
The seventh now paid $5 instead of $7(28%savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 (22% savings).
The tenth now paid $49 instead of $59 (16% savings).
Each of the six was better off than before And the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings. 'I only got a dollar out of the $20', declared the sixth man. He pointed to the tenth man,' but he got $10!'
'Yeah, that's right', exclaimed the fifth man. 'I only saved a dollar,too. It's unfair that he got ten times more than I!'
'That's true!!' shouted the seventh man. 'Why should he get $10 back when I got only two? The wealthy get all the breaks!'
'Wait a minute,' yelled the first four men in unison. 'We didn't get
anything at all. The system exploits the poor!'
The nine men surrounded the tenth and beat him up.
The next night the tenth man didn't show up for drinks, so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn't have enough money between all of them for even half of the bill!

And that, boys and girls, journalists and college professors, is how our tax system works. The people who pay the highest taxes get the most
benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.

David R. Kamerschen, Ph.D.
Professor of Economics, University of Georgia
For those who understand, no explanation is needed.
For those who do not understand, no explanation is possible.

11/15/2008 09:27:00 AM  
Anonymous karl marx said...

Don't let the 50 page monologue stop you from reading the rest of the book. Get what you can out of it and keep going.
I am John Galt.

=================

But it's only a 56 page book...

11/15/2008 10:00:00 AM  
Anonymous Anonymous said...

Taxpayers vote.

Loafers vote.

If you got all the loafers, and can scam a percentage of the taxpayers into your program, you win.

Basic Dem party tenets.

11/15/2008 10:05:00 AM  
Anonymous Anonymous said...

and guess who the biggest beefers are-- you got it, the assholes who get a check on the third of the month. they got their little grubby hands stuck out all time gimme, gimme, gimme-- and piss and moan about everything-- the revolution is near-- could another civil war be brewing--

11/15/2008 10:38:00 AM  
Blogger RoaVaPD said...

http://www.fairtax.org/

It's the way to go.

11/15/2008 10:49:00 AM  
Anonymous Anonymous said...

Done paying taxes too, Fuck em, I'll just be like everyone else on the dole. Gimme, gimme, gimme, but I'ain't payin nuttin to the taxman.

11/15/2008 11:07:00 AM  
Anonymous Anonymous said...

"I'm going Bohemian with my cash nestegg. All in 100's under the mattress.

11/15/2008 08:45:00 AM"



And when all those c-notes are worth one tenth of their present value, at least you'll have something to sleep on.

11/15/2008 11:17:00 AM  
Anonymous Scrooge McDuck said...

I have a simple solution: flat tax everyone.

EVERYONE.

You earned 1.6 million, send the IRS, oh, say 10%.

You earned 20K, send the government 10%

No special interest tax breaks. No checks to reward you not paying taxes. No bullshit "Tax breaks for the rich" lie to be used as a campaign promise. No bones thrown to certain voting blocs at the expense of others. No taking care of your buddies in the (fill in the blank) demographic. No class warfare crap where no one wins.

Done.

I know, makes too much sense.

Well, back to calculating my percentage of soy-diesel use for my blind family member who was in a hurricane, not to exceed the amount on line 29...

11/15/2008 11:24:00 AM  
Anonymous Anonymous said...

Anonymous said...
and when that number starts to sink in, you have the "chain immigration" now being pushed by that group. It will wave the wand and make illegals legal and allow for the family memebers to follow, if so, that will have millions of unemployed to add to the huge numbers expected because of the economy... hopefully this new pres isn't going to grab the third rail that soon

11/15/2008 08:55:00 AM

welcome to daleys "sanctuary city" more freebies!http://www.timesonline.co.uk/tol/news/world/us_and_americas/article5158569.ece and this obama better brace for "terroist attack" and we have no equipment great job from asshole mayor to supt!

11/15/2008 12:19:00 PM  
Anonymous luther said...

To: 11/15/2008 08:45:00 AM

Where do you live?

11/15/2008 12:22:00 PM  
Anonymous 38 and Gone said...

I read somewhere, might have been here, that the Great Re-Distributor gave less than 1% of his earning to charity. His Vice-Great Redistributor gave less than 1/2 of 1%. But if you question any of this you are a racist.

11/15/2008 01:01:00 PM  
Anonymous Anonymous said...

Warren Buffet has stated that he pays less taxes than his secretary, yet he's a billionaire. How can that be?



Warren Buffet is a liberal he is not a conservative.

11/15/2008 01:01:00 PM  
Anonymous Anonymous said...

To 11/15/2008 12:24:00 AM

4 terrible years of Carter lead to 8 years of Reagan..........

11/15/2008 01:09:00 PM  
Anonymous Save the world from liberalism said...

It's about time, however, that the ultra-rich 2% at the top of the food chain start paying some taxes
+++++++++++++++++++++

Like Huffington? Kennedy? Kerry? McCain? Tigger Woods? Buffet? (Warren or Jimmy) Gore? Edwards? I won't even start on the Hollywood Elite Limousine Liberal set. What's in common? All liberals.

Yeah, they all want MY kids to go to school with savages, ME to drive some electro-mobile piece of shit, ME to conserve heating my 2200 square foot mansion, while they heat 2200 square foot bedrooms.

Worst bunch of filthy hypocrites I've ever seen. If they are so concerned, how about giving away everything over a poverty level income of, say, one million a year? Yeah, too hard to live on a pittance.

FUCK them and their hypocrisy.

11/15/2008 02:11:00 PM  
Anonymous Anonymous said...

Anonymous said...
it's a lot like the police department.
CHOISE A : be a worker. seek out opportunities to enforce the law every day and put your self at risk both physically and financially knowing that your chance of advancement this way is low.
CHOISE B : be a dog. avoid enforcing the law knowing that each encounter brings with it potential high risk with little possibility of advancement.
CHIOSE C : be a suck up. get an inside position as close to the big bosses as possible knowing this to be the lowest risk, highest reward option.
TODAY most of the bosses are suckups and many of the workers have become dogs resulting in this dysfunctional organization known as the CPD.

11/15/2008 01:48:00 AM

Hey here's another one:

Choice D...... LEARN TO SPELL CHOICE!!!!!

11/15/2008 02:14:00 PM  
Anonymous Anonymous said...

Welcome to Europe west.

Half the country works and supports the other half that doesn't.

11/15/2008 03:36:00 PM  
Anonymous Anonymous said...

Just got my property tax bill. My house is worth less and I have the pleasure of paying more tax to keep Stroger and his relatives on the payroll. Ain't life in crook county grand!

Property tax bills won't reflect drop in home values, officials...
Many Cook County homeowners will be unpleasantly surprised THIS month when they open their property tax bills and find they owe even more as the value of their home has dropped amid an economic slump, county ... "

11/15/2008 05:45:00 PM  
Anonymous Anonymous said...

Anonymous Anonymous said...

Welcome to Europe west.

Half the country works and supports the other half that doesn't.

11/15/2008 03:36:00 PM


Looking up recent figures, the UK's unemployment rate is 5.7%, France's is 7.2%, Germany's is 7.4%.

The US unemployment rate spiked to 6.1% in August.

More troubling is looking at the US U6 unemployment rate, which includes the unemployed and actively looking for work, the marginally attached (those who've given up for the time being), and those employed part time for economic reasons (not particularly uncommon for post college grads). Add all these up, and total was 11% of the workforce in September, the highest since 1994, and higher than in the recession of 2001.

It might make us Americans feel better to think that our unemployment rate is lower than in European countries (even if it's the about the same in the UK), but for all our lack of entrepreneurial crushing socialist policies, we're not doing any better.

11/15/2008 06:24:00 PM  
Anonymous Anonymous said...

it's a lot like the police department.
CHOISE A : be a worker. seek out opportunities to enforce the law every day and put your self at risk both physically and financially knowing that your chance of advancement this way is low.
CHOISE B : be a dog. avoid enforcing the law knowing that each encounter brings with it potential high risk with little possibility of advancement.
CHIOSE C : be a suck up. get an inside position as close to the big bosses as possible knowing this to be the lowest risk, highest reward option.
TODAY most of the bosses are suckups and many of the workers have become dogs resulting in this dysfunctional organization known as the CPD. ***************** You are sooooo right example the new 16th district or I mean the old 17th district that moved in foreclosure via Jfed/Ritchie machine

11/15/2008 06:42:00 PM  
Anonymous Anonymous said...

Anonymous said...

Done paying taxes too, Fuck em, I'll just be like everyone else on the dole. Gimme, gimme, gimme, but I'ain't payin nuttin to the taxman.

***********************************

Yeah, right! Roll over and kiss your cellmate/girlfriend goodnight!

11/15/2008 08:25:00 PM  
Anonymous Anonymous said...

1:25am hey stupid, I don't think the article is talking about the ultra rich not paying taxes!!!!!

11/15/2008 08:34:00 PM  
Anonymous Anonymous said...

38 and Gone said...

I read somewhere, might have been here...

***********************************

Yeah, Right!!!

You certainly wouldn't want to contradict such WELL DOCUMENTED FACTs as those!

YOU MAY NOT BE A RACIST, BUT YOU ARE A MORON!

You should STAY GONE!!!



1

11/15/2008 08:50:00 PM  
Anonymous Anonymous said...

Scrooge McDuck said...

I have a simple solution: flat tax everyone.

EVERYONE.

You earned 1.6 million, send the IRS, oh, say 10%.

You earned 20K, send the government 10%

No special interest tax breaks. No checks to reward you not paying taxes. No bullshit "Tax breaks for the rich" lie to be used as a campaign promise. No bones thrown to certain voting blocs at the expense of others. No taking care of your buddies in the (fill in the blank) demographic. No class warfare crap where no one wins.

Done.

I know, makes too much sense.

Well, back to calculating my percentage of soy-diesel use for my blind family member who was in a hurricane, not to exceed the amount on line 29...

11/15/2008 11:24:00 AM
__________________________

A flat tax?! That's crazy talk! We can't have a system that's fair. We need our current system that creates loopholes for the rich, pays for useless and punishes the middle class.

BEGONE YOU VILE PALEOCONSERVATIVE!

11/16/2008 12:02:00 AM  
Anonymous Anonymous said...

They don't pay taxes but they have a higher or younger death rate. Everything equals itself out. I am working on the second job so that I can pay all their taxes. I mother fuck them to and from work everyday.

11/16/2008 07:29:00 PM  
Anonymous Anonymous said...

I have a simple solution: flat tax everyone.

EVERYONE.

That was tried by Steve Forbes, I think he set the bar at 15%, nobody seemed to interested, it might have something to do with him looking like a child molester though...

11/17/2008 10:26:00 AM  

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