Comments on: 2011 Tax Brackets, A Speculative Look

By: Donk

Donk — Fri, 26 Nov 2010 20:32:48 +0000

People need to be accountable for their financial situation. We live in the greatest country on earth and it’s taken for granted by most Americans. Only a few see this opportunity and they generally excel financially. It’s hard work and not an easy path. Education, integrity and foresight is essential. Whining, laziness and lack of planning seems to be the ‘American’ norm. People all over the world would give their left nut to have the ‘opportunity’ we as birthright citizens have. If the laziness continues we’ll move ever closer as a nation to socialism. It’s time to stand up you schmucks and contribute to America…not destroy its foundation.

By: Peter

Peter — Sat, 04 Sep 2010 19:29:51 +0000

Paul,

I am not surprised that someone who is so helpless that he has to depend on the government cannot manage to find a government website.

LOL.

By: Paul E Emmons

Paul E Emmons — Sat, 04 Sep 2010 18:54:20 +0000

I wanted the US Government page and wound up with a political BS. I NEED THE US GVT INFO< NOT BULL SHIT.

By: Peter

Peter — Tue, 27 Jul 2010 21:31:25 +0000

scott,

Bingo.

Left wing policies, however well-intentioned, have created a permanent underclass of Americans who have absolutely no confidence in their own ability to achieve success.

By: Bob

Bob — Mon, 26 Jul 2010 19:59:11 +0000

Why can’t we have a flat tax rate? I’d like to be able to count on what is going to happen, rather than throw money at an convoluted system, (which was no doubt designed by lawyers and accountants), hoping everything comes out all right. That way, the government would know what it has to spend and should budget accordingly. We should remember, that it is us, the taxpayers, who pays them.

By: DEMwhat

DEMwhat — Mon, 26 Jul 2010 09:03:33 +0000

LOL, the article speaks for itself, nice one Peter… by the way 8 years in office Bush 1 trillion in debt …..Obama 1 and half years in office 4.5 trillion…increase of atleast 3.5 trillion????priceless!!!..wow thats a lot of debt for the savior of all lower and middle class citizens….so much for “Change”…lol

By: scott

scott — Mon, 26 Jul 2010 03:24:19 +0000

Middle class is shrinking because so many Americans feel they are owed rather than go out and make a better living for themselves. I am tired of hearing the under achievers complain about the rich because they are not smart enough or willing to work hard enough to better themselves. They want someone else to pay for them. That’s the problem with America today.

By: Peter

Peter — Sun, 25 Jul 2010 15:37:48 +0000

J Dizzle, Hear are the stats. From the CBO and republished by the CBPP. http://blog.pappastax.com/index.php/2010/07/11/case-rested-trickle-down-policies-work/ http://blog.pappastax.com/index.php/2010/06/27/a-win-for-the-tax-the-rich-crowd/ http://blog.pappastax.com/index.php/2010/06/30/the-art-of-spinning-statistics/

By: J-Dizzle

J-Dizzle — Sun, 25 Jul 2010 02:48:01 +0000

Where’s your stats Peter? Last I checked over the years the Rich have gotten Richer while everyone else has been left in the cold. During the Clinton era, the average household was making more money then they currently are and now Wall Street, Big Oil and all those other cats up in the top 1% have been seeing profits in record numbers. On top of that, they got the biggest tax cuts of anyone, money in fact they didn’t even need!

To make matters worse, the rich are the ones who created this huge mess and it’s the middle class and the poor that have had to suffer, yet all we keep hearing about is how the middle class and their kids and grandkids will have to pay for everything that’s gone wrong and no one is talking about how the upper class, the one’s at fault for this mess should be paying for it when it all happened on the GOP watch.

Also, don’t give me that garbage about how the Dems held congress for Bush’s final 2 years. They didn’t have filibuster proof control meaning the GOP voted yes just as much and Bush still had to put his signature on the dotted line. The GOP was just as much in control if not moreso because Bush was president.

It’s time the rich pay their share and become more productive, hire more people and use the profits from that higher productivity to pay their share. Higher taxes on the rich with tax cuts for those who hire more workers.

By: Dave

Dave — Sat, 24 Jul 2010 21:55:36 +0000

Perhaps if the Govt cut their spending as severely as the working person has had to…. we all could have our taxes go down. more they spend, more we all have to pay.

By: Brad

Brad — Sat, 24 Jul 2010 19:31:26 +0000

Taxes will not bring back the middle class! Taxes only make the government stronger. Penalizing prosperity will only cripple this country further and force us into a despotism. The middle class was built on fair wages not handouts. The answer is not taxes!

By: Peter

Peter — Sat, 24 Jul 2010 19:15:25 +0000

db,

Statistics prove that when the rich get richer so do the poor and the middle class.

By: Ken Spear

Ken Spear — Sat, 24 Jul 2010 17:52:36 +0000

Ten years of tax cuts have shrank the middle class to much. Incomes over $250,000 should be paying 40% and incomes over $500,000 should be paying 45% and incomes over $1,000,000 should be paying 59% and no loopholes allowed. It is time to bring out overburdened middle class back to a healthy status again.

By: db2010

db2010 — Sat, 24 Jul 2010 17:08:57 +0000

Why shouldn’t the highest income brackets pay more. As the Bible says, To those who are given more, more is expected. Let’s not forget wages for most Americans have been frozen or in decline for years–and it’s not all because of the Chinese–Congress has had everything to do with big industry moving jobs offshore. The purchasing power of the dollar has declined woefully. I’m sick of the well-to-do crying like little babies when they’re asked to contribute $5,000 more a year. Hey, the military isn’t protecting the average citizen from threats, it’s protecting big business. So big business should foot more of the bill! If someon’e can’t live on $250,000 a year they’re simply weak and self-indulgent. And let’s face it, there is no middle class in America anymore. It truly has become the country of the haves vs. the have nots. And the haves haven’t earned it on their own, laws were enacted to assist them and them alone. Trickle down economics is a myth, the reality is: Peeing down on you suckers.

By: Carl

Carl — Sat, 24 Jul 2010 16:16:06 +0000

I am single, and I could really care less about MFJ brackets, call me selfish. I want to know how this impacts my situation. Why is MFJ the only link you provide? Just another example of how single people are discriminated against. The so – called “marriage penalty” was not a penalty at all, they were being taxed at the same rates at singles. So what the government did in 2001 or 2002 was to give a big fat tax break to married couples based on a make-believe “penalty”.

By: mccallister

mccallister — Fri, 09 Jul 2010 16:24:54 +0000

Wait until liberal hollywood is hit with these taxes

By: Andy

Andy — Sun, 25 Apr 2010 22:23:34 +0000

I agree, we will see boosts in the top marginal rates from 33% and 35% to 36% and 39.6% respectively. Other tax rates should stay the same. Still more people, particularly as the economy improves, will fall into higher tax brackets.