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ProSense

(116,464 posts)
Tue Jun 19, 2012, 04:31 PM Jun 2012

Mitch McConnell: Poor have it too easy, have to pay their share of taxes

Mitch McConnell: Poor have it too easy, have to pay their share of taxes

by Joan McCarter

Senate Minority Leader Mitch McConnell thinks that our tax system is too damned progressive and that poor people just aren't pulling their weight. No. Really.

(CBS News) The United States tax code favors lower income Americans too much already and should be restructured to make it fairer to upper income earners, Senate Republican Leader Mitch McConnell said.

In an interview that aired on "CBS This Morning" Tuesday, the Kentucky Republican said he is ready to sit down with "this president or the next president" and have an animated discussion about the tax code to "reach a conclusion" that would bring down the ballooning U.S. deficit.

"Almost 70 percent of the federal revenue is provided by the top 10 percent of taxpayers now. Between 45 percent and 50 percent of Americans pay no income tax at all. We have an extraordinarily progressive tax code already. It is a mess and needs to be revisited again," McConnell said in the interview, taped Monday.

McConnell's in league with House Majority Leader Eric Cantor on that one. He's also argued that the poor just get off too damned easy in this country, and have to suffer more by taking on the tax burden that Republicans' cuts for the wealthy will create. And of course they're basing their pronouncement on the big lie that poor people don't pay taxes. They pay a larger share of their income in taxes than rich people do. And they are students, and disabled people, and the elderly who don't have income to pay taxes on. Not that facts, with their well known liberal bias, will get in the way of Republican talking points.

- more -

http://www.dailykos.com/story/2012/06/19/1101378/-Mitch-McConnell-Poor-have-it-too-easy-have-to-pay-their-share-of-taxes


Clearly, the Republican solution is to give more tax cuts to the rich!

..Romney isn’t simply proposing to make the Bush tax cuts permanent; he’s also proposing an additional across-the-board tax cut on top of extending the Bush tax cuts that would disproportionately benefit the wealthy. A recent study found that under Romney’s tax proposals, 67 percent of the tax cut would go to those over $200,000.

More: http://www.democraticunderground.com/1002828317

35 replies = new reply since forum marked as read
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Mitch McConnell: Poor have it too easy, have to pay their share of taxes (Original Post) ProSense Jun 2012 OP
Yes the poor need to help the neglected rich folks. hrmjustin Jun 2012 #1
MItch Mcconnell can kiss my ASS demtenjeep Jun 2012 #2
Um...is this democracy...or feudalism? nt CJCRANE Jun 2012 #3
this needs to be talked about continuously by the Dems bowens43 Jun 2012 #4
Mitch McConnell Makes The Sheriff Of Nottingham Look Socialistic. TheMastersNemesis Jun 2012 #5
How many confirmations will it take to wake people up? madashelltoo Jun 2012 #6
I Hope That It Is Not When The Dead Awaken. TheMastersNemesis Jun 2012 #8
This coming from a turtle who lives on iceburg lettuce. HopeHoops Jun 2012 #7
prehaps they should pay them more so they can move into higher tax brackets Johonny Jun 2012 #9
That's the solution. LuvNewcastle Jun 2012 #21
Anyone making less than $15,000 shouldn't pay a damn thing. nt Comrade_McKenzie Jun 2012 #10
Keep going. I'm thinking $35,000 Spitfire of ATJ Jun 2012 #14
Fuck you, Yertle. hifiguy Jun 2012 #11
The problem with his statement that 45 - 50 percent of Americans don't pay any income tax. LiberalFighter Jun 2012 #12
and Everyone pays FICA payroll tax Ghost of Huey Long Jun 2012 #13
The top 10% may pay 70% of revenue, but... MiniMe Jun 2012 #15
About 47% n/t SickOfTheOnePct Jun 2012 #18
That's 70 percent of INCOME TAX revenue, ProgressiveEconomist Jun 2012 #19
Never ProSense Jun 2012 #20
Excellent graph and excellent info, but it doesn't contradict the fact SickOfTheOnePct Jun 2012 #22
Really? ProSense Jun 2012 #23
Not sure what you're arguing about as I agree with your points SickOfTheOnePct Jun 2012 #24
Great, but ProSense Jun 2012 #26
I don't agree with your 10% numbers SickOfTheOnePct Jun 2012 #30
More ProSense Jun 2012 #32
There is no slight of hand SickOfTheOnePct Jun 2012 #35
May he soon experience just how "easy" the poor have it. GoCubsGo Jun 2012 #16
Sounds like Mitch and the prototype TeaPubliKlan bullshit are out again. TheKentuckian Jun 2012 #17
The basic problem with taxing the poor quaker bill Jun 2012 #25
The poor can always sell their hair, teeth, and bodies - like Fantine in Les Miserables aint_no_life_nowhere Jun 2012 #33
There is a special place goclark Jun 2012 #27
All these government programs subsidize Wal Mart and other minimum wage corporations. kemah Jun 2012 #28
Get a campaign commercial using that quote--come on! they have such a take WI_DEM Jun 2012 #29
I swear we live in the matrix anymore it seems. Initech Jun 2012 #31
A$$HOLE! Rich greedy A$$HOLE! SammyWinstonJack Jun 2012 #34
 

bowens43

(16,064 posts)
4. this needs to be talked about continuously by the Dems
Tue Jun 19, 2012, 04:37 PM
Jun 2012

from now until the election.

The Republicans want to raise taxes on the poor and the middle class while further cutting taxes on the wealthy.....

We need tv adds with republicans stating this playing day and night

madashelltoo

(1,698 posts)
6. How many confirmations will it take to wake people up?
Tue Jun 19, 2012, 04:47 PM
Jun 2012

Rmoney can't tell you what cuts he would make because the poor won't hate Obama more than him if he does. Now McConnell is telling you straight up, we're balancing the books on the backs of the poor. We're taking back those food stamps, those tax credits and all of the other perks you get for being poor. Some other numbnut today said he was tired of the media bombarding him with the plight of the poor. What will it take for folks to get over whatever it is they have against the president and look toward their own survival?

Johonny

(20,851 posts)
9. prehaps they should pay them more so they can move into higher tax brackets
Tue Jun 19, 2012, 05:10 PM
Jun 2012

To paraphrase Stewart

The republican problem with poor people isn't that they don't have any skin in the game
the problem with poor people is they still have some skin

LuvNewcastle

(16,846 posts)
21. That's the solution.
Tue Jun 19, 2012, 09:48 PM
Jun 2012

The reason that the upper 50% are paying all the income tax is because they make a sufficient amount to be taxed. Congress could pass laws to guarantee a living wage in order to broaden the tax base, but somehow I don't think the rich would care for that solution. Even though wealthier people are paying the bulk of the income taxes, they're still making out like bandits because they're paying their workers shit wages.

 

Spitfire of ATJ

(32,723 posts)
14. Keep going. I'm thinking $35,000
Tue Jun 19, 2012, 08:15 PM
Jun 2012

But then, I'm one of those nuts that thinks NOBODY should be taxed for their labor.

I believe we need to eliminate the fiction that buying and selling stocks is exempt from a sales tax because they aren't REALLY being bought and sold, they're being "traded".

LiberalFighter

(50,928 posts)
12. The problem with his statement that 45 - 50 percent of Americans don't pay any income tax.
Tue Jun 19, 2012, 06:15 PM
Jun 2012

Is that the upper income "earners" have more tax exempt income then those that don't pay any income taxes.

 

Ghost of Huey Long

(322 posts)
13. and Everyone pays FICA payroll tax
Tue Jun 19, 2012, 07:43 PM
Jun 2012

(You know, the social security trust fund you have been stealing from giving tax cuts while starting two wars and Big Government programs like Homeland Security and the TSA- asshole!)

MiniMe

(21,716 posts)
15. The top 10% may pay 70% of revenue, but...
Tue Jun 19, 2012, 08:23 PM
Jun 2012

what percentage of income do they earn? My guess is more than 70%

ProgressiveEconomist

(5,818 posts)
19. That's 70 percent of INCOME TAX revenue,
Tue Jun 19, 2012, 09:36 PM
Jun 2012

excluding FICA and other payroll taxes, sales taxes, and other regressive revenue streams, isn't it?

SickOfTheOnePct

(7,290 posts)
22. Excellent graph and excellent info, but it doesn't contradict the fact
Tue Jun 19, 2012, 10:23 PM
Jun 2012

That the top 10% pay roughly 70% of the income tax revenue. For singles, the 28% bracket lower end cutoff puts them in the top 10%, and for couples filing jointly, both the 25% bracket lower end puts them in the top 10%.

More than the 1%, absolutely yes.

ProSense

(116,464 posts)
23. Really?
Tue Jun 19, 2012, 10:50 PM
Jun 2012

"Excellent graph and excellent info, but it doesn't contradict the fact...That the top 10% pay roughly 70% of the income tax revenue."

What chart are you seeing?

This is Republican slight of hand to distract from the fact that their proposals benefit the top one percent. From the Reuters piece:

Everyone seems to know that about half of Americans paid no income taxes in 2009 and that the top 1 percent paid about 37 percent of the income taxes.

But how many people know that households making less than $75,000 collectively paid more federal income tax than those making $1 million or more?

The threshold for the top 10 percent is just above $100,000. Do you think anyone confuses a person earning $100,000 with someone earning $1 million?

Those below the top 2 percent will not benefit from the GOP's proposals.

The larger context, though, is important. Romney isn’t simply proposing to make the Bush tax cuts permanent; he’s also proposing an additional across-the-board tax cut on top of extending the Bush tax cuts that would disproportionately benefit the wealthy. A recent study found that under Romney’s tax proposals, 67 percent of the tax cut would go to those over $200,000.


http://www.democraticunderground.com/1002828317





SickOfTheOnePct

(7,290 posts)
24. Not sure what you're arguing about as I agree with your points
Wed Jun 20, 2012, 06:34 AM
Jun 2012

I'm just saying that none of what you're saying contradicts the fact that the top 10% of wage earners, which includes some of the middle class, pays about 70% of the federal income tax revenue. Parts of the 25% and 28% bracket are also part of that top 10%. To acknowledge that as fact isn't to say that someone making $100,000 is just the same as someone making $1 million.

Of course people making $75,000 pay more, collectively, than those making $1 million or more.There are a hell of lot more of the former than of the latter.

It's not a talking point, it's a fact based on numbers from the IRS. There is nothing wrong with using facts to our advantage, as the chart does - we SHOULD do so. But we shouldn't be surprised or outraged when Republicans try to use the facts to their advantage as well.

ProSense

(116,464 posts)
26. Great, but
Wed Jun 20, 2012, 09:06 AM
Jun 2012
<...>

Of course people making $75,000 pay more, collectively, than those making $1 million or more.There are a hell of lot more of the former than of the latter.

It's not a talking point, it's a fact based on numbers from the IRS. There is nothing wrong with using facts to our advantage, as the chart does - we SHOULD do so. But we shouldn't be surprised or outraged when Republicans try to use the facts to their advantage as well.

...you do understand that while there a lot more people earning less than $75,000, they account for less of the income than the top 20 percent, right? In fact, the top one percent has a larger share of the income pie than the next 9 percent combined.

I think outrage should follow any Republican attempt to distort the facts in favor of their attempts to cut taxes for the top one percent while raising taxes on the bottom 20 percent.

SickOfTheOnePct

(7,290 posts)
30. I don't agree with your 10% numbers
Wed Jun 20, 2012, 07:50 PM
Jun 2012

According to the IRS, the top 1% of wage earners account for 20% of AGI. The top 10% account for about 46% of AGI. So, no I don't agree that the top 1% hold a larger piece of the income pie than the next 9% combined, since it appears that the next 9% hold 26% of the pie.

I'm curious as to why you switched your argument from those that make $75,000 to those that make less than $75,000. People making less than $75,000 do indeed have a smaller piece of the income pie, but they also contribute a proportionally lower portion of revenue. The bottom 25% (below ~$67,000) of wage earners earn about 33% of the income, and pay about 14% of the income taxes.

That's not a bad thing - we need a progressive tax system. I just don't think that we should twist the numbers and try to turn them into something they're not. There is nothing wrong with stating the fact that people earning 47% of the income pay 67% of the taxes, and there is nothing wrong with the fact itself. Why not just answer the Republicans by saying "hell yeah they pay more, because they can afford to pay more - that's a progressive tax system at work, and we need more of it, not less" instead of trying to say they are twisting the truth, when in fact, they are just stating the truth?

ProSense

(116,464 posts)
32. More
Wed Jun 20, 2012, 08:22 PM
Jun 2012
According to the IRS, the top 1% of wage earners account for 20% of AGI. The top 10% account for about 46% of AGI. So, no I don't agree that the top 1% hold a larger piece of the income pie than the next 9% combined, since it appears that the next 9% hold 26% of the pie.

I'm curious as to why you switched your argument from those that make $75,000 to those that make less than $75,000. People making less than $75,000 do indeed have a smaller piece of the income pie, but they also contribute a proportionally lower portion of revenue. The bottom 25% (below ~$67,000) of wage earners earn about 33% of the income, and pay about 14% of the income taxes.

That's not a bad thing - we need a progressive tax system. I just don't think that we should twist the numbers and try to turn them into something they're not. There is nothing wrong with stating the fact that people earning 47% of the income pay 67% of the taxes, and there is nothing wrong with the fact itself.

... slight of hand.

My argument wasn't "switched." In response to a point you made, I cited the information that you said was "excellent." That was:

Everyone seems to know that about half of Americans paid no income taxes in 2009 and that the top 1 percent paid about 37 percent of the income taxes.

But how many people know that households making less than $75,000 collectively paid more federal income tax than those making $1 million or more?


Yes, "we need a progressive tax system," and one doesn't have to "twist the numbers" to show that a person earning $1 million isn't paying his/her fair share.







http://tpmdc.talkingpointsmemo.com/2011/10/chart-of-the-day-the-47-percent-pay-their-fair-share.php

GoCubsGo

(32,083 posts)
16. May he soon experience just how "easy" the poor have it.
Tue Jun 19, 2012, 08:28 PM
Jun 2012

I generally don't like to wish ill on others, but in this case, I hope he and his ilk get be recipients of the very things they want for the rest of us.

TheKentuckian

(25,026 posts)
17. Sounds like Mitch and the prototype TeaPubliKlan bullshit are out again.
Tue Jun 19, 2012, 08:49 PM
Jun 2012

We are hard pressed to push it to our advantage, just isn't bipartisan enough.

The TeaPubliKlans have many tons of these sort of anchors but we seldom throw them around their necks and never just hammer the theme.

quaker bill

(8,224 posts)
25. The basic problem with taxing the poor
Wed Jun 20, 2012, 06:50 AM
Jun 2012

is that in being poor, they actually have very little money.

Personally, I think we should not be taxing anyone we are also subsidizing, because it is stupid policy. What I mean is that if a person qualifies for food stamps, TANF, low income housing, earned income tax credit, and such, we should just not tax them. Simply because it is taking the money only to give it back by way of a government program. This is less efficient than just letting them keep the money.

aint_no_life_nowhere

(21,925 posts)
33. The poor can always sell their hair, teeth, and bodies - like Fantine in Les Miserables
Wed Jun 20, 2012, 08:36 PM
Jun 2012

And if that's not enough to pay Mitch McConnell's salary, they can always sell a lung or kidney.

kemah

(276 posts)
28. All these government programs subsidize Wal Mart and other minimum wage corporations.
Wed Jun 20, 2012, 10:16 AM
Jun 2012

These corporations, who rely on minimum wage labor, should pay a living wage that keeps people off government programs. Problem solved.

WI_DEM

(33,497 posts)
29. Get a campaign commercial using that quote--come on! they have such a take
Wed Jun 20, 2012, 10:18 AM
Jun 2012

from the poor to give to the rich attitude that they don't even try to hide it.

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