Posted on 04/11/2022 8:43:11 AM PDT by Chad C. Mulligan
Mike Gibbons, the millionaire investment banker running for the United States Senate in Ohio’s Republican primary, says middle class Americans are “not really paying any kind of a fair share” in federal income taxes, a newly surfaced video reveals.
(Excerpt) Read more at breitbart.com ...
define fair share in numbers, otherwise, STHU!!
If you just wrote a five digit check, i got news for you. You’re not middle class. You’re certainly well above the average in income. And think of all those people who make less than you who are getting a totally free ride.
JD seems like he’s the real deal!
A huge proportion of the population (and that includes the middle class) pays nothing.
Really? I beg to differ. While in a strict sense that may be a true statement, but in the “real world” it’s propaganda. The middle class (and the poor) pay the most evil tax and that is the destruction of their buying power through inflation. It is the spending of the middle class that is the backbone of our economy. Inflation, wage suppression though allowing an illegal underground economy of aliens, H1 visas, and a host of other destructive policies are the cruelest tax of all.
Let’s not even mention the self employed middle class who’s entire lives are entwined in their businesses and pay exorbitant taxes just for that privilege. So the middle class pays no taxes, bull.
Of course he’s stupid.
Deep State likes ‘em that way.
I have done budgeting for private companies. Taxes are a cost of doing business that shows up in next year’s budget. The bottom line from Economics and Accounting is that businesses in general are tax collectors and not payers. It is part of their competitive environment. Only in businesses so small the owner is the business does it pay taxes.
And...lots of ignorant people don’t know all that.
I googled it and approximated 11.4% of the population are poor and 10% are rich (defined as someone with a net worth of a million or more
which leaves approximately 80% or so in the “middle”
But if over 60% are paying no “federal income tax”, That means that only the rich (~10% and the top 40% of middle class are actually paying federal income taxes)
These are ruff numbers, but the point stands the majority of the middle class are not paying anything in federal income taxes.
agreed
a five figure tax bill is certainly middle class.
I’ve had six figure bills many years and I’m not in the upper 1%
If your employer takes money out of your paycheck and sets it aside for your retirement, that’s a retirement plan. If they take money out for your company medical plan, that’s medical insurance.
The government on a very basic level simply does the same. Call is welfare if you want, but the fact is billionaires qualify for social security also, along with medicare if they so choose.
It’s really a shame that we can’t discuss an issue like this because everyone talking defines things differently.
what?! we certainly are, and more.
young lady i know just had a beautiful baby- paid for by Medicare.
She’ll be 22 in may and for the life of me i cannot figure out why she pays zero .
Oh yeah, cause other people do!
They don’t call Social Security the “Third Rail of Politics” for nothing.
What a magnificent campaign strategy!!!
Illegals and the poor don’t pay their fair share Mike.
You can kiss any future office you dream of good-bye.
You are correct.
Rush said 10 years ago that 18k of NYC residents pay 90% of NY taxes.
If only one leaves NY, they are in serious trouble.
How could the country possibly have survived without 17A? /super-sarc
Patriots are reminded that the Supreme Court had clarified that the federal government cannot appropriate taxes for anything that it cannot reasonably justify under its constitutional Article I, Section 8-powers.
"Congress is not empowered to tax for those purposes which are within the exclusive province of the States." —Justice John Marshall, Gibbons v. Ogden, 1824.
Given the federal government's biggest, constitutionally authorized expense is defense, the annual wartime federal budget arguably shouldn't be more than $1 trillion imo, and I'm being generous.
In other words, thanks to misguided, 17A ordinary voters, that's people like you and me, most so-called “federal” domestic spending is actually based on state powers and state revenues imo. The feds steal state powers and revenues by means of unconstitutional appropriations bills that the very corrupt, now popularly elected Senate fails to kill.
The remedy for unconstitutionally big federal government oppressing everybody under its boots...
Patriots need to work with their state lawmakers to eliminate the unconstitutional middleman, the unconstitutionally big federal government, from "helping" the states to manage their money.
Once unconstitutional federal taxing and spending is stopped, made permanent by repealing the 16th and 17th Amendments, the states will ultimately (imo) find a tsunami of new revenues to do the things that their respective citizens want.
In fact, Justice Louis Brandeis had introduced his "laboratories of democracy" metaphor to describe the vast, 10th Amendment-protected powers of the states to serve the people, each state ultimately establishing the kind of state social spending programs that the qualified citizen voters of a given state want.
”Simply this, that the care of the property, the liberty, and the life of the citizen, under the solemn sanction of an oath imposed by your Constitution, is in the States and not in the federal government [emphases added]. I have sought to effect no change in that respect in the Constitution of the country.” —John Bingham, Congressional. Globe. 1866, page 1292 (see top half of third column)
"[...] a single courageous State may, if its citizens choose, serve as a laboratory; and try novel social and economic experiments without risk to the rest of the country." —Justice Louis Brandeis, Laboratories of Democracy.
Again, the states are going to need to peacefully put Congress back in its Section 8-limited power cage before the states can become “laboratories of democracy” as the delegates to the Constitutional Convention had intended.
Insights welcome.
Also, patriots are reminded that they must vote twice this election year. Your first vote is to primary career RINO incumbents. Your second vote is to replace outgoing Democrats and RINOs with Trump-endorsed patriot candidates.
Again, insights welcome.
How come they REFUSE to ID how many of that 61% are on welfare & other programs....
Which are sucking ALL taxpayers dry.
How many illegal invaders are filing & getting’credit’ for child care, etc????
STOP supporting the feral barbarians who have collected welfare & Section 8 for 4 generations +++++
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