California's budget mess and how we got there.

[aztec70]

sociology.ucsc.edu/whorulesamerica/power/wealth.html

Here is an interesting article. It turns out that the highest incomes have a lower effective tax rate. Who would have thought? Me.

[aztecwin]

Feb 23, 2011 13:09:29 GMT -8 aztec70 said:

Feb 22, 2011 17:27:35 GMT -8 aztecwin said:

Here is a google search that will give you a whole bunch of information about this from a lot of different sources.

"percent of taxes paid by rich"

You have changed the search question. My question was percent of income paid in taxes, not percent of taxes. Did you not notice?

You end up with the same answer.

[davdesid]

Feb 23, 2011 13:11:46 GMT -8 aztec70 said:

sociology.ucsc.edu/whorulesamerica/power/wealth.html

Here is an interesting article. It turns out that the highest incomes have a lower effective tax rate. Who would have thought? Me.

The assertion was that the higher incomes' federal income tax rates have been DRAMATICALLY reduced compared to 50 years ago versus lower/middle income rates. Tables were offered to prove it, and based on marginal tax rates that is true.

I'm saying that because of the elimination of many deductions any reduction in the effective tax rates for higher incomes are not anything that could be fairly called DRAMATIC.

While your article is an interesting one, it does not make any comparison between effective federal income tax rates among the quintiles today versus effective federal tax rates among them 50 years ago.

[Deleted]

Feb 17, 2011 12:02:27 GMT -8 aztecwin said:

Feb 17, 2011 8:40:14 GMT -8 AlwaysAnAztec said:

What a piece of poo. No specifics just a bunch of political anti-union, anti-democrat statements.

If it is a bunch of poo, how did we get in this pickle? Seems to me you can try, but not explain it away without citing those issues.

Becuase you buddys the banking industry destroyed the economy. YOU want to save oney sytart here www.commondreams.org/views04/0115-08.htm

[aztecwin]

Mar 2, 2011 9:00:57 GMT -8 steveem said:

Feb 17, 2011 12:02:27 GMT -8 aztecwin said:

If it is a bunch of poo, how did we get in this pickle? Seems to me you can try, but not explain it away without citing those issues.

Becuase you buddys the banking industry destroyed the economy. YOU want to save oney sytart here www.commondreams.org/views04/0115-08.htm

That seven year or so outdated opinion piece did not give the answer. Nice job writing by the way.

[Bob Forsythe]

Feb 16, 2011 22:41:49 GMT -8 AztecWilliam said:

Will Jerry Brown be able to make real changes in the area of public employee pensions? Frankly, I think he may give it a serious try. How much success he will have is an open question. Here is a revealing look at how we got into the mess in the first place.

reason.com/archives/2011/02/16/farewell-my-lovely

AzWm

Three words - Prison Guards' Union. Unfortunately, the right refuses to recognize how toxic that union is.

=Bob