Our taxes take most from the people who have the least.

KarlRove wrote:by Wordslinger Today at 1:29 pm
And the middle class wonders why it's being obliterated ...



http://readersupportednews.org/opinion2/277-75/28305-robin-hood-in-reverse-state-and-local-taxes-take-the-most-from-those-who-have-least

Obama hasn't offered anything for the middle class in my part of the tax bracket whatsoever. He just continues to take.

Floridatexan wrote:

KarlRove wrote:by Wordslinger Today at 1:29 pm
And the middle class wonders why it's being obliterated ...



http://readersupportednews.org/opinion2/277-75/28305-robin-hood-in-reverse-state-and-local-taxes-take-the-most-from-those-who-have-least

Obama hasn't offered anything for the middle class in my part of the tax bracket whatsoever. He just continues to take.

You are misinformed.  He has just proposed a major tax break for the middle class, which you would have noticed if you weren't reading lies from your right-wing sources.

KarlRove wrote:by Wordslinger Today at 1:29 pm
And the middle class wonders why it's being obliterated ...



http://readersupportednews.org/opinion2/277-75/28305-robin-hood-in-reverse-state-and-local-taxes-take-the-most-from-those-who-have-least

Obama hasn't offered anything for the middle class in my part of the tax bracket whatsoever. He just continues to take.

Wordslinger wrote:And the middle class wonders why it's being obliterated ...

http://readersupportednews.org/opinion2/277-75/28305-robin-hood-in-reverse-state-and-local-taxes-take-the-most-from-those-who-have-least

Markle wrote:

Wordslinger wrote:And the middle class wonders why it's being obliterated ...

http://readersupportednews.org/opinion2/277-75/28305-robin-hood-in-reverse-state-and-local-taxes-take-the-most-from-those-who-have-least

Say thank you to semi-retired President Obama and the other Progressives and Democrats.

Once again, my socialist/communist good friend cites...a socialist/communist web site about wealth distribution.  Gosh, who would have guessed?

colaguy wrote:
Similarly, if two people are applying for a $100K mortgage, the bank is going to calculate what % of income is used for the monthly payment. The person with the lower income will have a higher debt-to-income %, and the person with a higher income will have a lower debt-to-income %.

Wordslinger wrote:
 A middle class American buys a car.  When you compare the sales tax he pays to his total income, the percentage is enormously higher -- awesomely higher than what a millionaire pays.  

KarlRove wrote:by Wordslinger Yesterday at 9:28 am
Markle wrote:
“
Wordslinger wrote:
“
And the middle class wonders why it's being obliterated ...

http://readersupportednews.org/opinion2/277-75/28305-robin-hood-in-reverse-state-and-local-taxes-take-the-most-from-those-who-have-least
”
Say thank you to semi-retired President Obama and the other Progressives and Democrats.

Once again, my socialist/communist good friend cites...a socialist/communist web site about wealth distribution.  Gosh, who would have guessed?
”
And once again, Semi-Sane Markle desperately tries to attack a truth because he doesn't approve of the media that published it. A middle class American buys a car. When you compare the sales tax he pays to his total income, the percentage is enormously higher -- awesomely higher than what a millionaire pays. That's a true statement no matter what media publishes it and Semi-sane Markle knows it. But, when you're desperate ... you do weird things ...

In Semi-sane Markle's desperate, childish repertoire, if you are hurt and bleeding from an argument of your opposition, attack the media that published it. Considering his primary source of political data comes from FOX News which is either 68% or 97% false (depending on who does the investigation) Semi-sane Markle's credibility stands over a deepening sinkhole.
-----
Rich people and poor people aren't buying the same types of vehicles I promise you. It sounds lke you wouid just tax the rich more just Becsuse they
Can afford to pay. What would be the point of working hard to become a success if you just had to give it all away to make folks like you feel better about themselves ?

SheWrites wrote:

colaguy wrote:
Similarly, if two people are applying for a $100K mortgage, the bank is going to calculate what % of income is used for the monthly payment. The person with the lower income will have a higher debt-to-income %, and the person with a higher income will have a lower debt-to-income %.

Wordslinger wrote:
 A middle class American buys a car.  When you compare the sales tax he pays to his total income, the percentage is enormously higher -- awesomely higher than what a millionaire pays.  

Seems the point you both miss would be people financing a loan beyond their means.  The exact reason we saw the default on loans in the housing bust.

If you don't have the money you don't get the loan.  The debt to income ratio is OVERLOOKED and that is the choice of the buyer.  They sign the loan document. And it's POOR judgement on the loan source.

Whine whine whine...people get what they ask for.  

These are not examples of a "class" of people being unfairly taxed or over taxed or disproportionately taxed.

PkrBum wrote:If you really wanted the middle class to succeed... you would want a sound currency.

KarlRove wrote:by Wordslinger Today at 1:29 pm
And the middle class wonders why it's being obliterated ...



http://readersupportednews.org/opinion2/277-75/28305-robin-hood-in-reverse-state-and-local-taxes-take-the-most-from-those-who-have-least

Obama hasn't offered anything for the middle class in my part of the tax bracket whatsoever. He just continues to take.

Markle wrote:

KarlRove wrote:by Wordslinger Today at 1:29 pm
And the middle class wonders why it's being obliterated ...



http://readersupportednews.org/opinion2/277-75/28305-robin-hood-in-reverse-state-and-local-taxes-take-the-most-from-those-who-have-least

Obama hasn't offered anything for the middle class in my part of the tax bracket whatsoever. He just continues to take.

That's because he considers you far too rich and owe far more to anyone they deem more deserving.

2seaoat wrote:If you really wanted the middle class to succeed... you would want a sound currency.


Like the strength of the dollar under President Obama? Thank you President Obama.

Wordslinger wrote:

SheWrites wrote:

colaguy wrote:
Similarly, if two people are applying for a $100K mortgage, the bank is going to calculate what % of income is used for the monthly payment. The person with the lower income will have a higher debt-to-income %, and the person with a higher income will have a lower debt-to-income %.

Wordslinger wrote:
 A middle class American buys a car.  When you compare the sales tax he pays to his total income, the percentage is enormously higher -- awesomely higher than what a millionaire pays.  

Seems the point you both miss would be people financing a loan beyond their means.  The exact reason we saw the default on loans in the housing bust.

If you don't have the money you don't get the loan.  The debt to income ratio is OVERLOOKED and that is the choice of the buyer.  They sign the loan document. And it's POOR judgement on the loan source.

Whine whine whine...people get what they ask for.  

These are not examples of a "class" of people being unfairly taxed or over taxed or disproportionately taxed.

That's simply untrue.  Total myth.  The economy didn't go bust in 2007/8 because poor people got loans they couldn't afford.   The economy sank because Wall Street was making money off failing loans they were packaging and selling.  And your friends on Wall Street, with the help of the new republican controlled congress, are pushing to remove any rules that might inhibit them from crashing the economy again.  It's the first proposed legislation the republicans brought forward.

However, the subject of this thread wasn't home loan application rates.  It was to show how the middleclass and people living in poverty are paying much higher disproportionate amount of their total income for state and local taxes.

Reality.

colaguy wrote:

Wordslinger wrote:

SheWrites wrote:

colaguy wrote:
Similarly, if two people are applying for a $100K mortgage, the bank is going to calculate what % of income is used for the monthly payment. The person with the lower income will have a higher debt-to-income %, and the person with a higher income will have a lower debt-to-income %.

Wordslinger wrote:
 A middle class American buys a car.  When you compare the sales tax he pays to his total income, the percentage is enormously higher -- awesomely higher than what a millionaire pays.  

Seems the point you both miss would be people financing a loan beyond their means.  The exact reason we saw the default on loans in the housing bust.

If you don't have the money you don't get the loan.  The debt to income ratio is OVERLOOKED and that is the choice of the buyer.  They sign the loan document. And it's POOR judgement on the loan source.

Whine whine whine...people get what they ask for.  

These are not examples of a "class" of people being unfairly taxed or over taxed or disproportionately taxed.

That's simply untrue.  Total myth.  The economy didn't go bust in 2007/8 because poor people got loans they couldn't afford.   The economy sank because Wall Street was making money off failing loans they were packaging and selling.  And your friends on Wall Street, with the help of the new republican controlled congress, are pushing to remove any rules that might inhibit them from crashing the economy again.  It's the first proposed legislation the republicans brought forward.

However, the subject of this thread wasn't home loan application rates.  It was to show how the middleclass and people living in poverty are paying much higher disproportionate amount of their total income for state and local taxes.

Reality.

I disagree with you both. It was the lender, the mortgage companies, which were making the mortgages to anyone who could breathe.  Yes, we may all want that fabulous (and expensive) house, but that's why prudent lenders carefully look at the borrower to determine their creditworthiness, and keep us borrowers from biting off more than we can chew.  In the 2000s the lenders did not do this.  They made loans to people without verifying their income, consequently setting the borrower up to fail. And sure, it made it worse that the loans were bundled and sold off to wall street. Today, there are restrictions on lenders to make sure that the borrower is qualified. At a minimum they must confirm the borrower's ability to pay and limit the borrower's debt-to-income to a ceiling.