75% of Obamacare costs falls on Americans making less than $120,000 a year

[Wei Wu Wei]

Any proof or is this just because you say so?

Proof will never sway you, but I'll humor you anyway: http://www.cbo.gov/sites/default/fil...tes_screen.pdf

Table 2 page 27


Also, according to that report, in 2009 Americans payed lower taxes than they ever have in the last 30 years. Obama the tax-raiser? Not so much.

[Zathras]

When you support your point with links to FOX News, it's like saying "I'm an idiot."

Try again when you have some facts from a reputable source.

So instead of attacking the message you attack the messenger. In other words, you have nothing....good job.

[Retread]

..............................

Also, according to that report, in 2009 Americans payed lower taxes than they ever have in the last 30 years. Obama the tax-raiser? Not so much.

What you fail to mention (are trying to hise) is that far fewer people paid any tax due to decreased income (the little o recession) therefore less tax was paid. Yet those that paid tax paid at a rate equal to or higher than the previous years.

[AmPat]

What you fail to mention (are trying to hise) is that far fewer people paid any tax due to decreased income (the little o recession) therefore less tax was paid. Yet those that paid tax paid at a rate equal to or higher than the previous years.

Unemployed in record numbers/
record numbers of underemployed (due to a DIMoRAT economy and strangling over-regulation) that fosters an atmosphere of part time over full time employment/
record numbers of people leaving the job market completely yet ignored for the sake of DIMoRAT enhancing statistics,,,

Wei Widdle Weitard just can't stop with the libertard fellatio.

[Wei Wu Wei]

What you fail to mention (are trying to hise) is that far fewer people paid any tax due to decreased income (the little o recession) therefore less tax was paid. Yet those that paid tax paid at a rate equal to or higher than the previous years.

did you read that CBO report I linked?

The decrease I'm talking about isn't a decrease in taxes collected, it's a decrease in tax rates.

For most income groups, the 2009 average federal tax rate was the lowest observed in
the 1979–2009 period (see the bottom panel of Figure 5). The pattern in the interven-
ing years is more varied, reflecting the interaction of numerous changes to tax law and
changes in the composition and distribution of income. For the lowest income group,
the average rate fell from 7.5 percent in 1979 to 1.0 percent in 2009. Almost two-
thirds of that decline came between 2007 and 2009, largely as a result of new refund-
able tax credits, as discussed earlier.


......

Households in the middle three income quintiles saw their average tax rate fall by
7.1 percentage points over 30 years, from 19.1 percent in 1979 to 12.0 percent in
2009. That decline was due primarily to declines in individual income taxes.


....

The average tax rate for households in the 81st to 99th percentiles of the income distri-
bution also reached a low point in 2009, about 4 percentage points below its 1979
level.

....

In fact, it seems income levels went up rather than down:

Those data suggest that
overall income continued to grow slowly in 2010 and 2011 and that income for
households toward the higher end of the distribution increased more rapidly than
income for households elsewhere in the income distribution in 2010.

[m00]

Proof will never sway you, but I'll humor you anyway: http://www.cbo.gov/sites/default/fil...tes_screen.pdf

Table 2 page 27


Also, according to that report, in 2009 Americans payed lower taxes than they ever have in the last 30 years. Obama the tax-raiser? Not so much.

That table is for the years 2007, 2008, and 2009. Did you mean 3 years or 30?

[Wei Wu Wei]

That table is for the years 2007, 2008, and 2009. Did you mean 3 years or 30?

I meant 30 years.

For most income groups, the 2009 average federal tax rate was the lowest observed in
the 1979–2009 period (see the bottom panel of Figure 5). The pattern in the interven-
ing years is more varied, reflecting the interaction of numerous changes to tax law and
changes in the composition and distribution of income. For the lowest income group,
the average rate fell from 7.5 percent in 1979 to 1.0 percent in 2009. Almost two-
thirds of that decline came between 2007 and 2009, largely as a result of new refund-
able tax credits, as discussed earlier.


......

Households in the middle three income quintiles saw their average tax rate fall by
7.1 percentage points over 30 years, from 19.1 percent in 1979 to 12.0 percent in
2009. That decline was due primarily to declines in individual income taxes.


....

The average tax rate for households in the 81st to 99th percentiles of the income distri-
bution also reached a low point in 2009, about 4 percentage points below its 1979
level.

[JB]

When you support your point with links to FOX News, it's like saying "I'm an idiot."

Try again when you have some facts from a reputable source.

When you make posts like this you are an idiot. How big of an rtard are you? THE SOURCE that you are so concerned about is an economist with the Wall Street Journal.

Now, when you get timed in some time around 2050 please comment on the topic.

[Zeus]

Proof will never sway you, but I'll humor you anyway: www.cbo.gov/sites/default/files/cbofiles/attachments/43373-AverageTaxRates_screen.pdf

Table 2 page 27


Also, according to that report, in 2009 Americans payed lower taxes than they ever have in the last 30 years. Obama the tax-raiser? Not so much.

Obama's First budget year was 2010. 2009 was the last Bush budget yr.

[Wei Wu Wei]

Obama's First budget year was 2010. 2009 was the last Bush budget yr.

The best data estimates in the report suggest the trend continues through 2010 and 2011.

Which tax rates did the Obama administration raise?

Income tax? Capital gains tax? Estate tax? Corporate tax?