http://www.bankrate.com/finance/taxes/top-1-percent-earn.aspx
It's usually considered impolite to ask how much money someone makes, but that question is at the forefront of the Occupy Wall Street movement.
Protesters announce they are among the 99 percent of income earners who aren't getting the financial and tax benefits the top 1 percent receives.
So just how much do you have to earn to be part of the elite 1 percent?
That depends on whose figures you use.
Based on 2009 tax year filing data, the Internal Revenue Service says an adjusted gross income, or AGI, of $343,927 or more will put you in the top 1 percent of taxpayers.
$343,927 is a lot of money but are these people all Fat Cats deserving of public scorn?
AntwortenLöschenIf we taxed them all at 100% would it pay the bills Zer0bama ran up?
AntwortenLöschenKeep in mind, he spent in 10 days the equivalent of what the Iraq war cost over 10 years.
These kids in the park can't do mathematics, if they could, they would be busy at work.
They just think they would be happier if there were no rich people and nobody would be putting pressure on them to become rich with an art history degree.
Sum it up in two words...Sad and Lazy.
I thought it was closer to $400,000. Anyway, taking that as a base, if they are paying 35% tax on it no. If they are paying 15% or less, yes.
AntwortenLöschenOh, wait, I just realized there is money in that picture...
This is where you and I and the OWS crowd dissagree. If they are paying 15% your scorn should be directed at your Government that allows this to happen.
AntwortenLöschenSomeone taking advantage of legal loopholes to save money is doing what anyone would do. Hell Warren Buffett does this.
Blame congress!
I'm happy to blame congress. Who pays for their campaigns again, I forget?
AntwortenLöschenAgain, then blame congress for not passing laws to limit influence. Or the SCOTUS if you want.
AntwortenLöschenDirecting your ire at Wall Street accomplishes nothing.
Yes, all by himself, for no reason, and has maintained that level of spending, right?
AntwortenLöschenHe pretty much has tried to, the 2010 mid's took care of that. Thank god.
AntwortenLöschenRegrettably you can't do anything about SCOTUS short of a constitutional amendment, which I am all for. The problem with protesting in front of congress though is the best you will do is get the next set of minions elected. The system itself is broken, and that goes far beyond the current set of toadies occupying the seats.
AntwortenLöschenWall street is only symbolic, where you want to protest is the finance centers. The real beef is with the guys playing with everybody's retirement funds, mortgages, etc. The Tea Party is focusing on smaller government, which is only half the problem. The bigger issue is businesses getting big enough to render the concept of "market forces" moot, as the four largest banks clearly have.
The $447 billion American Jobs Act is major spending. I know, I know, we will get that money in yen.
AntwortenLöschenI wonder if that blonde at the top of this post would have me if I wasn't in the top 1%???
AntwortenLöschenOK I'll take that as a "no" then!
AntwortenLöschenI would be satisfied just to spend the whole day in my PJ's.
AntwortenLöschenHugh is a die-hard liberal, and a rich one too. Has anyone asked if he's paying his share of taxes?
AntwortenLöschenUhm, in this case I am willing to compromise my principles.
If the kids say they want to Occupy the Play Boy mansion, I suppose I could see my way into being of some assistance.
I don't have a drum but, I'll buy one if that gets me on board.
Ah, 7 boobs in that picture.
AntwortenLöschenNot exactly....in 2013 it will triple whether he's in office or not....I guess we could call it Zer0bama residuals.
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