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Showing posts with label aggregation of taxes. Show all posts
Showing posts with label aggregation of taxes. Show all posts

Monday, July 07, 2008

And on the National Front.....

I become excited every time I receive an e mail such as the following from people I know have at least leaned Democratic in the past years. If only more people were actually listening, instead of swooning to the new rock star on the block...who this weekend even got the liberal press to question his stand on .... anything?

The people who are truly listening will hear the word 'comrade' being insinuated into the speech patterns of these leaders of the proletariat movement. America is being divided not by racial lines, but by the politicians who demand and orchestrate a mindset where those who work and save are the stones around the neck of the poor and suffering masses. You are one or the other.

A very simple concept for easy digestion in a sound bite minute. You are driven daily into your cattle pen and fed on the idea of the largesse of the Democratic Party, who will provide for you in spite of the evil rich (Nancys income being tiny, of course). Food is easy there, the trough is always full. Once enough have been fattened in the feedlot (who pays for the feed?), the social structure can be replaced with your fearless leaders, but where, or where are the people who made the factories, corporations and profits that sustained the food chain? See below:

Windfall Tax on Retirement IncomeAdding a tax to your retirement is simply another way of saying to the American people, you're so darn stupid that we're going to keep doing this until we drain every cent from you. That's what the Speaker of the House is saying. ..............Nancy Pelosi wants a Windfall Tax on Retirement Income. In other words tax what you have made by investing toward your retirement. This woman is a nut case! You aren't going to believe this.Madam speaker Nancy Pelosi wants to put a Windfall Tax on all stock market profits (including Retirement fund, 4 01K and Mutual Funds! Alas, it is true - all to help the 12 Million Illegal Immigrants and other unemployed Minorities!This woman is frightening.She quotes...' We need to work toward the goal of equalizing income, (didn't Marx say something like this), in our country and at the same time limiting the amount the rich can invest.' ( I am not rich, are you)When asked how these new tax dollars would be spent, she replied:'We need to raise the standard of living of our poor, unemployed and minorities. For example, we have an estimated 12 million illegal immigrants in our country who need our help along with millions of unemployed minorities. Stock market windfall profits taxes could go a long way to guarantee these people the standard of living they would like to have as 'Americans'.' (Read that quote again and again and let it sink in. Lower your retirement, give it to others who have not worked as you have for it.

Sunday, April 06, 2008

More on the Banter at the Post Review

Wade Vitalis reacted in the comment section at the Post Review to Bob Barrett’s letter on the T bill by stating on March 26:

"My experience has been Republicans love to aggregate taxes. It seems that by using big numbers and you make it look scary and ugly which feeds peoples emotion's [sic] and fears which feeds into people's anger about taxes.

It's a stragegy [sic] that works - so you might as well keep doing it. Right?

But aggregating the $6.6 billion transportation bill and dividing it up among Minnesota families like you have simply makes fuzzy math. And is neither accurate or helpful for anyone."
So Vitalis doesn’t like aggregating taxes which leads to "fuzzy math." To aggregate taxes is to collect several types of taxes into a one category called taxes. Barrett wasn’t supposed to do that according to Vitalis.

Observe that Vitalis did exactly what he claimed Barrett was doing. Vitalis didn’t answer Barrett, but turned to writing about tax percentages: "The average person like you and I pay 11.9% and people making $350,000 pay 8.3%." Another person asked Vitalis for the source of his tax percentage information which he provided on March 29.

That source can be found here. What does that Minnesota tax document do? It aggregates taxes. Look on page 2 in columns 1-4. A couple of dozen types of taxes are aggregated into a category known as "State and local revenue." The whole document that Vitalis used to decry Barrett for aggregating taxes, aggregates taxes!

In reality, Barrett did not aggregate any numbers. He simply used the $6.6 billion total cost of the Transportation package, which figure has been commonly used in the media. Barrett attempted to show the cost to a family for their portion of that total package. Barrett even stated this cost would be paid over a ten year period. So Barrett was not trying to make any number appear larger than reality, but show the cost to an individual family. Barrett was breaking down the cost to a family level, not aggregating (summing) costs to make it appear larger than is true.

If Vitalis still wants to make his point that "The average person like you and I pay 11.9% and people making $350,000 pay 8.3%," he will have to base it on aggregated taxes because that is the cornerstone of the document to which he alludes.

With this kind of thinking, it’s no wonder that Vitalis cannot understand Barrett. Vitalis' aggregating is Barrett's and our aggravation!