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Pew: Rich ($150K) Don’t Pay Enough Taxes

From the Associated Press:

Most Americans say the rich don’t pay enough taxes

By HOPE YEN | Mon August 27, 2012

WASHINGTON (AP) — As the income gap between rich and poor widens, a majority of Americans say the growing divide is bad for the country and believe that wealthy people are paying too little in taxes, according to a new survey.

The poll released Monday by the Pew Research Center points to a particular challenge for Republican presidential candidate Mitt Romney, whose party’s policies are viewed by a wide majority as favoring the rich over the middle class and poor.

It would be interesting to ask the people in this or any similar poll, ‘exactly what Romney policy favors the rich?’

Not raising their taxes so they pay an even larger share of taxes? Lowering the corporate tax, which is currently the highest in the world? Which means less opportunity and jobs for the non-rich.

The poll found that many Americans believe rich people to be intelligent and hardworking but also greedy and less honest than the average American.

What a success story this is for our entertainment industry, the news media, and the rest of the Democrat Party. It took the Communist Party in the Soviet Union several generations to brainwash their citizenry of this big lie.

Nearly six in 10, or 58 percent, say the rich don’t pay enough in taxes, while 26 percent believe the rich pay their fair share and 8 percent say they pay too much.

In fact, the income tax in America is more ‘progressive’ than any other developed country in the world, according to the authoritative Organization for Economic Cooperation and Development. (The OECD is an international economic organization of 34 countries founded in 1961 to stimulate economic progress and world trade.)

Even among those who describe themselves as "upper class" or "upper middle class," more than half — or 52 percent — said upper-income Americans don’t pay enough in taxes; only 10 percent said they paid too much…

In fact, well-off people do shoulder a big share of the tax burden. Though households earning over $1 million annually comprise just 0.3 percent of all taxpayers, they pay 20 percent of all federal taxes the government is projected to collect this year, according to the Tax Policy Center, a nonpartisan group that studies tax policy…

In contrast, households earning $50,000 to $75,000 a year accounted for 12 percent of taxpayers and contributed 9 percent of federal taxes, the center’s data showed. Some 46 percent of households pay no federal income tax at all…

The American income tax system has long been designed to be progressive, meaning higher earners are expected to pay a greater share of their income than those making less…

Again, it is the most progressive in the first world.

According to Pew’s latest findings, about 63 percent of Americans say the GOP favors the rich over the middle class and poor, and 71 percent say Romney’s election would be good for wealthy people. A smaller share, 20 percent, says the same about the Democratic Party. More Americans — 60 percent — say if Obama is re-elected his policies will benefit the poor, while half say they’ll help the middle class and 37 percent say they’ll boost the wealthy

Meanwhile, all incomes declined more in the last three years than they did during the recession, thanks to Obama and the Democrats. A detail that did not get much attention from our news media.

About 65 percent of Americans say the gap between rich and poor has gotten wider in the past decade, while 20 percent believe it has stayed the same and 7 percent say the gap has gotten smaller. Separately, 57 percent say a widening income gap is a bad thing for society; just 3 percent say it is a good thing…

Have these people ever studied economics? All they know is what they have been told by the news media. And they have been bludgeoned over the head with this nonsense for years.

Asked to estimate how much a family of four would need to earn to be considered wealthy in their area, the median amount given by survey respondents was $150,000. For middle class, the median amount was $70,000…

Here we go. Now ‘the rich’ aren’t just those families making over $250,000. They are now any households making over $150,000.

Which means that they are soon going to be targeted by Obama and the Democrats. And why not? That’s where the real money is.

This article was posted by Steve on Tuesday, August 28th, 2012. Comments are currently closed.

7 Responses to “Pew: Rich ($150K) Don’t Pay Enough Taxes”

  1. GetBackJack says:

    Do I have to again> remind S&L faithful of the evil that is Pew?

    From Legacy & Betrayal –

    This happened even in many cases where the person who created and funded the foundation went to great lengths to see that it focused on promoting free enterprise. Consider the case of J. Howard Pew of Sun Oil. During his lifetime, he was a tireless champion of free markets and individualism. In 1957, he created the J. Howard Pew Freedom Trust, with instructions that it use its funds to “acquaint the American people” with “the evils of bureaucracy,” “the values of the free market,” and “the paralyzing effects of government controls on lives and activities of people,” to “inform our people of the struggle, persecution, hardship, sacrifice and death by which freedom of the individual was won” and to educate them about how “Socialism, Welfare statism [and] Fascism . . . are but devices by which government seizes the ownership or control of the tools of production.” In accordance with those wishes, the Freedom Trust funded mostly libertarian and conservative activities, as long as its board consisted of Pew family members and friends. But as the family members and friends died off, they were replaced by others who gradually reoriented its spending, first toward mainstream activities, then gradually toward the very activities that the trust had been set up to oppose.

    J Howard’s money is now used to bring ruin to his explicit directions what His Money was to be used for.

    When you see the word Pew, know you are looking at evil

  2. untrainable says:

    Even among those who describe themselves as “upper class” or “upper middle class,” more than half — or 52 percent — said upper-income Americans don’t pay enough in taxes; only 10 percent said they paid too much…

    First of all, who describes themselves as “upper class”? Thurston Howell III? We’re not supposed to have a class system in this country. Upward mobility is one of the cornerstones of the American Dream. Class delineations are for societies where class is determined by birth, and crossing class lines is impossible, unless you’re going down the ladder, or you marry a prince.

    Second, more than half of the self proclaimed upper class think upper income Americans don’t pay enough? If upper class and upper income are the same thing, then these upper classers have one more thing in common. They are idiots. If they’re not the same, then where does upper class meet upper income? At $100 more than the upper classers make?

    And, if there are those out there who are upper class, upper income, or upper crusty who sincerely believe that they don’t pay enough in taxes… THEN PAY MORE IN TAXES! Nothing is stopping you from writing the check.

    • JohnMG says:

      I’d like to meet some of these people, too, just to make sure they’re not a fabrication like ‘Julia’. Then I’d like to tell them to take their opinions and shove them “upper U.S.”

  3. Petronius says:

    Poverty comes from being poor.

    And redistribution of incomes makes a country poorer. It results in the proletarianization of the people by making the country more unproductive and more capital-poor.

    Liberals and other Marxists have yet to learn that simple lesson.

    Another thing they have failed to learn : The greater a country’s average wealth, the more equitable will be its distribution of incomes.

    And finally, that a wise policy to raise the national level of income would contain the following elements :

    • increasing capital wealth (i.e., by a lenient tax program that favors profits, capital accumulation, and investment);
    • allowing market forces to allocate the factors of production to their most productive uses (i.e., instead of central planners, politicians, and bureaucrats);
    • intelligent participation in the international division of labor (i.e., free trade, or in other words, buy low and sell high);
    • exploitation of technological and organizational progress (i.e., instead of unions and bureaucratic red tape);
    • restrained increases in population (i.e., immigration controls with real teeth in them); and
    • peace, security, confidence, and law and order (i.e., conservative governments).

  4. electraglide says:

    First of all, who describes themselves as “upper class”?

    Anyone from Section 8 housing, reaching into a Louis Vuitton bag to pay for a bottle of Belvedere with an EBT card.

  5. canary says:

    Jack, Gallop is evil too.

    A Rasmussen was pretty unbiased recently, but I clicked the wrong number and got my race wrong. And though I got the buttons I do not like the job Obama is doing and will vote for Romney correct, I pushed the I’m a moderate number. It’s probably the only poll I didn’t hang up on.

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