1/3 of my paycheck goes to tax!

CaregiverGrace · Jul 14, 2011

Absolutely false....they wealthier do not pay more....off the top of my head I can think of one area where this is not a fact. People making over 100k only pay SS on the first 100K. That is a huge savings. On the years that my husband has made over 200k he stops paying SS my June netting him another 800 bucks a month after his SS has maxed out.
If you think about it percentage wise who pays more of their paycheck to SS it is the people making less than 100k.

For every occasion that I've entered a higher tax bracket, I've paid a higher % of my income in taxes, for every lower tax bracket, I have paid a lower % all the way down to zero. This is a system that penalizes financial success. SS is just one spoke on the wheel of a broken system.

nursej22, MSN, RN · Jul 14, 2011

This argument lacks logic. Those that make more money still pay more taxes, and those that make the most money pay the most taxes, and those that make the least pay the least (or none). There are some corporate tax deals that I disagree with, but for the most part, every rich person I know pays a much higher % of their income to the govt than every middle class or poor person that I know. To say that, because you make more money, you should have a higher percentage of your income taxed, is inane.

Actually, the wealthy pay less in taxes as they tend to be taxed on capital gains, which is a much lower rate than federal income taxes.

Jules A, MSN · Jul 14, 2011

Yep, and fat people and alcoholics are raising your insurance premiums....I could go on and on. Sooooo many reasons to decide to place blame.

Well you asked. :rolleyes:

Originally Posted by mcleanl

So are are you saying that if they have private insurance it will make YOU feel better if they treat you like a servant? Who cares what type of insurance someone has or doesn't have....

CaregiverGrace · Jul 14, 2011

Actually, the wealthy pay less in taxes as they tend to be taxed on capital gains, which is a much lower rate than federal income taxes.

Again, not true.

From the Statistical Abstract of the United States: "The wealthiest 1 percent of the population earn 19 percent of the income but pay 37 percent of the income tax. The top 10 percent pay 68 percent of the tab. Meanwhile, the bottom 50 percent—those below the median income level—now earn 13 percent of the income but pay just 3 percent of the taxes."

ITSSOSIMPLE · Jul 14, 2011

Im dissapointed they deduct so much in my paycheck every 2 weeks. I dont even make that much since I have less than a year experience. Then when I think about those patients that come to the hospital treating me like their own personal servant and on govt insurance. I get irritated. Why? The taxes they deduct on my hard earned paycheck contributes to this patient's hospital stay and in return, this patient treats me like his personal servant. So im paying him so he can treat me like his personal servant. Does anyone feels this way? Not all pt are like this, but theres a couple every shift.

Let me please add to the grief. These same people on welfare insurance use the ER as their doctors office.They

come to the er with abdomen pain and want a full course meal. They don't have to make the $300.00 copay that

I have to pay when I go to the er and yet I am an employee. Furthermore,recently I went to a sister hospital where

No one knew me. I was nice but got treated like crap,no privacy, (that's always expected for male patients) and rude

people. So what else is new!

hiddencatRN, BSN, RN · Jul 14, 2011

Again, not true.
From the Statistical Abstract of the United States: "The wealthiest 1 percent of the population earn 19 percent of the income but pay 37 percent of the income tax. The top 10 percent pay 68 percent of the tab. Meanwhile, the bottom 50 percent--those below the median income level--now earn 13 percent of the income but pay just 3 percent of the taxes."

Is capital gains included in that figure?

EmergencyNrse · Jul 14, 2011

33% taxes is just the beginning my friend. Let's not forget, you get taxed on what you make, taxed on what you spend, taxed on what you own (car, house) and if you happen to be able to save a couple nickles after all of that, you get taxed on any interest accrued.

Last fiscal year I had my CPA put together what I earned and what my overall tax is paid. I pay 53% of everything I earn in taxes...

Time to stop the madness and adopt a national consumption tax and leave people's wages alone. http://www.fairtax.org/site/PageServer.

Everyone buys... not everyone earns. Stop beating up people that strive to excel. The class-warfare that demands more from the "rich" is self-defeating. Wake up! The "Fair Tax" would level the playing field and make us more competitive as a nation helping with innovation, jobs, and resources. Our republic depends on it.

tntrn, ASN, RN · Jul 14, 2011

Last fiscal year I had my CPA put together what I earned and what my overall tax is paid. I pay 53% of everything I earn in taxes...
Time to stop the madness and adopt a national consumption tax and leave people's wages alone. http://www.fairtax.org/site/PageServer.
Everyone buys... not everyone earns. Stop beating up people that strive to excel. The class-warfare that demands more from the "rich" is self-defeating. Wake up! The "Fair Tax" would level the playing field and make us more competitive as a nation helping with innovation, jobs, and resources. Our republic depends on it.

I fear the "fair tax" will be more like the VAT and there will be taxes added at every level of production. I much prefer a "flat tax" where everybody has to dig in their pocket for something.

I agree with everything else you said.

MN-Nurse, ASN, RN · Jul 14, 2011

Last fiscal year I had my CPA put together what I earned and what my overall tax is paid. I pay 53% of everything I earn in taxes...
Time to stop the madness and adopt a national consumption tax and leave people's wages alone. http://www.fairtax.org/site/PageServer.
Everyone buys... not everyone earns. Stop beating up people that strive to excel. The class-warfare that demands more from the "rich" is self-defeating. Wake up! The "Fair Tax" would level the playing field and make us more competitive as a nation helping with innovation, jobs, and resources. Our republic depends on it.

Consumption taxes are regressive and demand that those who have the least pay a far larger share of their income to survive than those who have the most.

MN-Nurse, ASN, RN · Jul 14, 2011

Again, not true.
From the Statistical Abstract of the United States: "The wealthiest 1 percent of the population earn 19 percent of the income but pay 37 percent of the income tax. The top 10 percent pay 68 percent of the tab. Meanwhile, the bottom 50 percent--those below the median income level--now earn 13 percent of the income but pay just 3 percent of the taxes."

That is due the fact that the top 10% controls so much of the nation's wealth. The top 1% of Americans owns 34% of the nations wealth. The top 10% of Americans owns over 70%.

The bottom 40% owns less than 1%.

That is why we have progressive taxes. It isn't "class warfare," it is having the people who benefit the most from living in this country paying a larger share for that benefit.

Flat taxes only make sense if there is a flat distribution of wealth. There isnt, not by a long shot.

dudette10, MSN, RN · Jul 14, 2011

But, remember that you are part of a dwindling population. Currently, depending on where the information comes from, only 48-51 percent of people pay federal income taxes. That means that 48-51% pay NO federal income taxes.
I don't know about where you live, but where I live, those 48-51% who pay no taxes, also drive on the roads, have cops and firefighters show up to their homes when 911 is called, attend public schools and their kids are now getting fed in the summer times, too.
Some of that fails the warm and fuzzy test for me.

But, who are those 48-51% who pay not taxes? It's a serious question, not a sarcastic one.

Are they kids, stay-at-home parents, nonworking elderly whose income is so low they are freed from a tax burden?

pale_pilsen · Jul 14, 2011

I see it like this, I work 3 days 12 hour shift a week. For those 2 days, I get paid; And on the 3rd day I work for free. Sucks....esp when my feet are sore from standing all day running back and forth.. I do appreciate living in a free, safer place than anywhere else in the world. But when i see someone abusing their health with cigarettes, alcohol, drugs, etc., then us paying for their health services and get treated like crap, I find it abusing. I dont even think in my current age that by the time I retire, there wont be enough money (that we put in now) for social security.