Are income taxes leaving you gasping for breath?
@banknotelover95 (34)
Singapore
April 17, 2009 7:29am CST
The recent protests in Boston have left me asking: are income taxes very high? I am not an adult or a taxpayer, so I don't know. I am also not a US citizen, so I am not familiar with taxation rates in the United States. Can all of you taxpayers out there answer my question? Thanks.
1 person likes this
3 responses
@thegreatdebater (7316)
• United States
18 Apr 09
I don't think that we are over taxed in the United States. Taxes are used for many things here, and they do make our country better than any other nation in the world. Our tax dollars pay of the great American that defend this country terrorist, and foreign countries that would love to destroy us. Taxes keep us safe in our homes from criminals, and fires by our public safety officers. Taxes dollars keep our drinking water clean, the air we breathe in clean, and keep our food supply safe (atleast they try). As you can see our tax dollars are used for alot of good, often times people on here get rapped up in their own world, and don't see how much good taxes do.
@jonesy123 (3948)
• United States
18 Apr 09
You do understand that the tea party protests are not about current tax rates, do you? Your replies seem to indicate that you do. That would be repeating the party mantra being spread in order to discredit the supporters of the tea parties. Nobody is complaining about the current taxes but about what will come to pay off our government spending spree. It's enough already. Somebody eventually will have to pay for it. If not from income tax than through other taxes. Yes, the US has low income taxes compared to many other nations, but we also tax a whole number of other things and keep imposing taxes on more and more items. When is it finally enough? When will the spending spree stop? How is all of that supposed to be paid back? Why are the voices that say enough is enough not heard for their valid concern but with great effort ridiculed?
Do tell, how is this all supposed to be paid back?
1 person likes this
@thegreatdebater (7316)
• United States
19 Apr 09
Jonsey, I was not saying that the tea parties were about taxes, I was just answering the first question. I actually believe the tea parties were all about EGO's and a group of people who are trying to scare people into following them. I do agree that the country should not be spending billions on all of these bail outs. But, I do think that the should have sent money to GM to help them through this mess. The problems at GM had more to do with the complete collapse of the credit markets than the anti-union BS coming from certain groups. You only have to look at the total car market to prove my point. I have heard people say that GM is paying to much money on employees, and they are making cars and trucks that no one wants, and we should allow them to collapse and just by Toyota's and Honda's. But, the problem with this BS is that their numbers are done about the same (if not more) than the big three and these two foreign companies get SUBSITIES from their respective governments. Just recently both were given billions from their respective governments because of the economic crisis. Not only that, but their respective governments pay for all of their health care, and retire cost. What many Americans don't understand is that GM, Ford, Chrysler, GE have saved the US hundreds of billions in medicare, and social security cost. need I remind everyone reading this that if it wasn't for the companies above, we would be speaking GERMAN right now as well.
I do not approve of the monsterous bail out of the finacial industry. They caused this mess we are in, and they should get themselfs out of this mess. Many on Wall Stree make more than the GDP of some small nations, if they need money call a few hedge fund managers, and they would have bailed this companies out themselfs. I will agree with everyone and say this is BS.
@jonesy123 (3948)
• United States
17 Apr 09
The protests are not even about the current level of income tax but the one we'll soon suffer. Bush implemented tax cuts, which gave us some breathing room. They are set to expire soon at around the same time the Obama stimulus change we get in our paychecks now is set to expire. At that point you'll pay much more than what you currently pay. Top that with the fact that Obama is rewriting the tax code to make paying taxes easier, I can only assume that a lot of deductions will be changed resulting in higher tax rates. Eventually there'll be added taxes, because somebody has to pay for the trillions in debt that Obama recently incurred for us, not to mention the interest on top of that. It has to come from somewhere and it as usual comes from us, the people. That's what the protests are about. It's the liberal media trying to twist it into the people are unhappy about having to pay taxes period. It's about the tax rate we'll soon face.
The assumption is that whatever people pay in tax right now is set to at least double, probably more, if Obama continues to implement ambitious programs for the common welfare.
@thegreatdebater (7316)
• United States
18 Apr 09
Jonesy, to say that you will pay much more is not accurate. Your taxes will increase about 3%, to me that isn't much at all, and I am more than willing to pay 3% more to keep my country safe from terrorist, and pay our men an women in uniform a living wage.
You are correct that taxes will go up, but what you forgot is that Bush left trillions in debt for Obama, and he was told many times that he had to raise taxes to pay down the debt. But, he didn't.
Jonesy, I have not heard one person in the Obama administration say they are going to double tax rates. I would love to see a link saying this (that is actually from a member of the Obama administration, not from a right wing hate monger).
@jonesy123 (3948)
• United States
18 Apr 09
That 3% number can't be right. I know what we paid pre-Bush and I know what we are paying now. The difference is more than 3%. And no, of course the Obama admin won't say they are raising taxes. They are simply letting the tax cuts expire. There is a difference, you know. And even if they really don't raise the income tax, they'll raise taxes on a lot of other stuff. Now that the EPA determined that the greenhouse gases are damaging to human health I'm sure that the carbon tax will be implemented. Then you get to pay for that through your gas and electric bill as well as at the pump.
BTW, why oh why is it always 'hate mongerers' when people are pointing out the obvious? It doesn't make your arguments any better or any stronger. In fact, it makes your argument less credible. Hate mongerer, racist, afraid of the big black man... don't you guys have better arguments?
Also, why are we suddenly back to the war? Right, Obama just asked for billions to go to that effort after he voted it down last summer. Kind of weird that he is following into Bush's footsteps after he put so much blame on him and proclaimed it all was wrong.
And no, I did not support the Iraq war. We went in too fast without any reliable proof. I said it back then that there was no hurry. They could have negotiated much longer. But Americans wanted to see blood after what happened on 9/11 and they wanted a victory. They got it. I think Bush expected a quick victory over Saddam, which he got, and then a quick hurray by everybody all around. The great liberator. Then establish some bases to have a good and permanent presence like everywhere else Americans have fought wars. If everything would have gone smoothly, nobody would have complained. But the miscalculation was that this is a highly unstable region. It was foreseeable that with so many different ethnic groups in that area there would be a fight for power over Iraq. Another reason, why this war shouldn't have been raced into. A couple of days after the war started I was in the hospital giving birth to my second child. I remember that everybody was watching TV, trying to see what was going on, what the progress was. People discussed this, and most were in favor of it. I told the nurses that Bush better find some WMDs there or he'll have major problems in terms of credibility and cause to go there. They looked at me like I was crazy. But looks like I was right. That said, once the war was started there was no quick turning back and there still isn't, which is why I found it ridiculous that Obama claimed he wanted to pull the troops out of there. Well, now he is following the good old Bush plan, getting out of there what? a full two months earlier? or not. And now he, too, is asking for more funding, funding he voted against before.
I don't mind my taxes going towards our troops, but I mind them going towards bailing out more and more stuff. Handing out money left and right and trying to stimulate the economy without any real strategic plan while pushing his own agenda at any price. I'm against paying for that irresponsible spending. Money doesn't grow on trees. Eventually we'll have to pay back the Chinese all the money we got from them. But we can always hand them Alaska or now Texas...lol;)
@bobmnu (8157)
• United States
17 Apr 09
What is upsetting most people is not that taxes are too high but that 20% of the people are paying 80% of the taxes and almost 1/2 of the people pay no taxes. If you look at who get the government money and benefits from the government programs are the people who pay no taxes and yet are demanding the most. Their feeling is why should I work to support you when you won't work to help yourself.
The other other part of the protest is that people are very upset that the government is not responsive to their wishes. The elected officals are doing what they want and don't care about what the people think or want.