No problemo!. .. A billionaire is in a 35% tax bracket, the average person is in a tax bracket of 15%.
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No problemo!

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Submitted: 05/12/2013
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#256 - maggotarms (05/13/2013) [-]
i think this is referring to the tax loops in the american system for people that can afford international property. one american millionaire, because he had property in other countries, payed only 1% tax
#254 - foxranger (05/13/2013) [-]
EVERYONE, do you all know what an effective tax rate is? The tax bracket you fall under is not the only tax you pay. your effective tax rate is the average of all the tax you pay. For example, Warren Buffet's effective tax rate is about 11%. This kid is wrong for the most part, some billionaires have gotten away with this in the past with deductions and credits but its very unlikely. The IRS and Congress has put in place some deductions and credits for billionaires because their lobbyists bitched so much. These are fading fast and most loopholes are being closed through private letter ruling.   
   
-Accountant (Yes it sucks, I come here for the funny)
EVERYONE, do you all know what an effective tax rate is? The tax bracket you fall under is not the only tax you pay. your effective tax rate is the average of all the tax you pay. For example, Warren Buffet's effective tax rate is about 11%. This kid is wrong for the most part, some billionaires have gotten away with this in the past with deductions and credits but its very unlikely. The IRS and Congress has put in place some deductions and credits for billionaires because their lobbyists bitched so much. These are fading fast and most loopholes are being closed through private letter ruling.

-Accountant (Yes it sucks, I come here for the funny)
User avatar #252 - negerboll **User deleted account** (05/13/2013) [-]
Sweden:
30% on your salary
then 25% on all the stuff you buy, except tobacco (about 50%) and food (12,5%).

Get a load of us.
#243 - geomancer (05/13/2013) [-]
Ahahahahahahahahaha, wow


Wait, people actually believe this?

AHAHAHAHAHAHAHAHAHA
User avatar #240 - RevengeNL (05/13/2013) [-]
Shut up, we pay 52% in the Netherlands
User avatar #244 to #240 - thedutchs (05/13/2013) [-]
Well, yeah. But not 52 percent of your entire income.
User avatar #245 to #244 - RevengeNL (05/13/2013) [-]
then what?
i dont know taxes
User avatar #249 to #245 - thedutchs (05/13/2013) [-]
It's divided in layers and you'll pay 52 percent for the top layer. Also, there are a lot of deductibles.

Overall, you'll probably pay 35 percent over an income of 200000 euros.
User avatar #235 - koneella (05/13/2013) [-]
meanwhile in finland millionairs pays 60%
#233 - anonymous (05/13/2013) [-]
1) it's factually wrong

2) you're a worthless piece of **** to the state, your 28% is insignificant, also a billionaire will contribute more to the state than he takes

a billionaire's not gonna be using government funds for his healthcare and **** , you will

#238 to #233 - imofcnotharveydent (05/13/2013) [-]
I see nothing wrong with the rich paying a lot of taxes, since they are supposed to tax for a reason. Your everyday citizen should still be able to get a decent amount of for example payable health service.    
Also it stops 						******					 kids from getting everything they will ever need from their parents.   
   
anyone, debate me.
I see nothing wrong with the rich paying a lot of taxes, since they are supposed to tax for a reason. Your everyday citizen should still be able to get a decent amount of for example payable health service.
Also it stops ****** kids from getting everything they will ever need from their parents.

anyone, debate me.
0
#255 to #238 - dontrixster **User deleted account** has deleted their comment [-]
User avatar #224 - andriod (05/13/2013) [-]
Can't we just have a uniform tax law? Why the hell does it matter if you make over or under such and such amount?Why not just make it 20% for citizen?
#258 to #224 - foxranger (05/13/2013) [-]
Because congress and the IRs would make it just as complicated as the IRC is now within 5 years.
User avatar #230 to #224 - abesimpson (05/13/2013) [-]
Because that is what we call a regressive tax, a 20% tax for everyone (for example) doesn't affect a billionaire as much as it can affect the average person. If you make a 1000 dollars per month, that 20 percent is gonna hit you very hard. But whatev, It's not even my problem
User avatar #232 to #230 - andriod (05/13/2013) [-]
I don't see why its the rich have to pay more of there income then the poor. Just because they won't be as inconvenienced as the poorer population doesn't mean they should pay a higher percentage.

If you make 100k a year, you give 20k for taxes.
If you make 100 million a year, you give 20 million.
Uniform, fair, and the government still gets boatloads of money to squander.
Everybody's happy

User avatar #236 to #232 - abesimpson (05/13/2013) [-]
Being not able to get by is not an inconvenience, it's a living hell. It's easy to think of the poor as lazy ********* that only live on welfare, but that's not reality. Having to pay a few more thousand dollars for a person that makes well over that is a slight inconvenience. I'm not saying I don't understand your point, but it's not that easy that everyone pays the same percentage of tax, since not everyone can afford said percentage. It's not about raising the taxes for the rich, more like lowering the taxes for the poor.
0
#253 to #236 - andriod has deleted their comment [-]
User avatar #227 to #224 - deadadventurer (05/13/2013) [-]
Basically it's to avoid corporations from leaving the country for a cheaper alternative. In Denmark Maersk got a special tax excempt just because of who he were.
User avatar #228 to #227 - andriod (05/13/2013) [-]
Out of curiosity, What does Maersk produce?
User avatar #229 to #228 - deadadventurer (05/13/2013) [-]
Oil and transport pretty much.
User avatar #237 to #229 - salihzzz (05/13/2013) [-]
i tought they were just a transport company, they dont produce anything do they?
User avatar #239 to #237 - deadadventurer (05/13/2013) [-]
What I can say for sure without looking up facts and **** , is that they are one of Denmarks largest (if not the actual largest) companies and oil is involved somehow. I am under the impression that Maersk drills for it and transports it and makes ********* of money. He then threatened the DK government to lower his taxes or else he would move his bizniz out of the country and screw over DK by a larger amount.

There might be some DKfag around reading this who knows specifics better than me though.
#221 - anonymous (05/13/2013) [-]
The below commentsare why this country is so ****** up, no one knows anything. CAPITOL GAINS TAX is only 9% (on everyone, regardless of income level), this is why billionaires pay only 9-15%, most of thier income is from investments. Stupid ***** get your head out of your ass, this country is run by the rich, period.
#213 - captnnorway (05/13/2013) [-]
They still earn so much more money to the goverment than you do. Also it makes it so they can earn more money and helping the whole economy that way.
#234 to #213 - angelusprimus (05/13/2013) [-]
Uh, no they don't.
Upper middle class and moderately wealthy (top 50%, wihtout top 3%) make for more then 70% of the tax collections.
In 1968 average middle class person and average millionaire paid same amount of tax, middle class paid around 45% of total tax collection, while corporate (not personal) made over 35% now, middle class and wealthy pay 70% while corporations and ultra rich pay 25%.
Oh and total wealth by middle class and wealthy dropped 20% while total wealth of super rich and corps doubled.
Growth of economy in 1969? 12%. Now? 5% And USA now has lowest upward mobility in entire first world. Meaning you are more likely to become rich if you were born poor in Germany, Canada and France then in USA.

But be a sheep and believe what ultra rich are feeding you over media they own. I mean its not like its complete ******** ... oh wait.
#263 to #234 - captnnorway (05/13/2013) [-]
Hmm ... No, the media at home is rageing at the rich bosses, it usually isn't a day without someone pointing out how unfair everything is. Nevertheless I support my own theory that by reducing the taxes of companies help the economy grow ... It works here in norway, where everyone has high taxes, but the companies get support by the state (less taxes) so they can grow even in this unstable time. And as far as im concerned it has worked, Norway isn't going through a recession now.
(also, I know I wrote a lot wrong ... I don't care)
#270 to #263 - angelusprimus (05/13/2013) [-]
It works in norway because companies that get lower taxes get lower taxes under certain conditions.
Those conditions are extending the company IN NORWAY and employing more people IN NORWAY.
In USA they are under no such obligations. So what happens is they take very low tax rates, fire american workers, move production to mexico, hire mexicans, and help grow mexican economy while benefiting from USA taxes, in same time growing USA unemployment and ******* USA economy.
#280 to #270 - captnnorway (05/14/2013) [-]
There we go, I don't know how stuff works in USA, though I guess it isn't working based on how you describe it.
User avatar #242 to #234 - toughactintinactin (05/13/2013) [-]
It's not like 6 companies control %90 of the media or anything (Comcast, News-corp, Disney, Viacom, Time-Warner, and CBS, down from 50 in 1983)
#248 to #242 - angelusprimus (05/13/2013) [-]
Control the media, dazzle the dumb with ******** , so they don't go looking for facts, and convince them to support policies that help you but hurt them.
And both sides are doing it. Strong enough media blitz and you can get idiots to support anything.
User avatar #209 - kijajouteh (05/13/2013) [-]
Dammit Funnyjunk, you did another **** storm about a content!
#207 - anonymous (05/13/2013) [-]
We swedes pay much more, 30% is like the minimum if you make over 19k Sek in a year (around 2.9k dollarz)
#208 to #207 - bollenn (05/13/2013) [-]
Forgot to logg in
User avatar #205 - drfranky (05/13/2013) [-]
'Murica is the worst place to be rich in right now.
#259 to #205 - foxranger (05/13/2013) [-]
False, its France. All the rich are attempting to leave France and renounce their citizenship in order to avoid the high tax laws.
User avatar #241 to #205 - imofcnotharveydent (05/13/2013) [-]
I believe your sources must be fox news!
User avatar #222 to #205 - zevran (05/13/2013) [-]
In France those who earn the most now pay 75% tax...

User avatar #217 to #205 - ludvig (05/13/2013) [-]
37 % is the lowest tax percentage, then when you earn more you'll get to pay 68%
in denmark
User avatar #214 to #205 - Maroon (05/13/2013) [-]
... gonna need you to explain that one
#195 - anonymous (05/13/2013) [-]
28%!?...is that correct?..Thought US was low tax country.
User avatar #184 - blamie (05/13/2013) [-]
Billionaires also pay a majority of peoples salaries so you can go hump a cactus, because, with your math, they are paying a few percent shy of 43% of the taxes AND are paying your lazy ass to do a job a robot could do twice as efficiently and for half the cost.
User avatar #215 to #184 - Maroon (05/13/2013) [-]
They pay taxes on their profits numbnuts. No one tells them "gimme half yo monies for taxes and pay your employees with what's left."
also, the corporation pays the employee which the rich CEO is technically one of. So really, you are making no sense.
#212 to #184 - vedgetable (05/13/2013) [-]
cause, who the **** cares for there fellow human beeing right?
privilaged with money, blind for other peoples needs.
taxes is what makes a nation
your redarded ************* is whats tearing the western word.
User avatar #211 to #184 - vedgetable (05/13/2013) [-]
do you even economy?

you have no idea how retarded you sound.
User avatar #210 to #184 - toensix (05/13/2013) [-]
I have a lazy ass job as helper in a store. I have to do about 50 different chores a day. A robot that would be able to do all that AND have a chat with the customers would cost millions upon millions.
+5
#192 to #184 - joshiboy has deleted their comment [-]
#188 to #184 - mizigoth (05/13/2013) [-]
Who even thumbs this down has no idea how the world works thumbs up for you good sir
User avatar #182 - shemaledong (05/13/2013) [-]
Money equals power equals influence on legislation equals benefits for you and your kind equals more money and so on.


#196 to #182 - Jowi (05/13/2013) [-]
Not true in every country...
User avatar #197 to #196 - shemaledong (05/13/2013) [-]
Sweden maybe. Buthan. Or countries that are fully controlled by an authoritarian regime like singapur.
But else?
#199 to #197 - Jowi (05/13/2013) [-]
A lot of countries in Europe really. I wasn't having a go at you, I was just saying that it's not true in all countries. It's just sad that the USA does considering it's supposed to be the free-est nation on Earth and all men are supposed to be born equal
User avatar #201 to #199 - shemaledong (05/13/2013) [-]
Besides, no offense taken.
User avatar #200 to #199 - shemaledong (05/13/2013) [-]
Name a few. I will give you examples why it is exactly like I said.
#202 to #200 - Jowi (05/13/2013) [-]
France? Sweden, Denmark, Norway, Finland
User avatar #203 to #202 - shemaledong (05/13/2013) [-]
France? Corruption up to the top federal level. Parties funded heavily by rich privateers.
Sweden, seems to be interest in social fairness. Which is a good sign.
Same goes for Denmark.
Most of Finlands GDP is produced by Nokia. They make up about 40%. So the state collects most of its taxes from a company. Never a good indicator. But social services are fine and the schools are among the best. Which is important for a company, too.
Generally, you can buy almost everybody. And if you cannot, you can buy someone to get rid of the ones you cannot buy.
No system is transparent enough to prevent that so far.
User avatar #204 to #203 - shemaledong (05/13/2013) [-]
Oh about sweden. The judge and the attorneys that sued the makers of the pirate bay were all members of the same society for the protection of copyrights funded by the entertainment industry.
+1
#181 - faggotsaregay **User deleted account** has deleted their comment [-]
User avatar #219 to #181 - Maroon (05/13/2013) [-]
yeah, but it's percentage wise though. When you make 40k, and close to half of it goes to taxes, that 25k left over kinda leaves a sour taste in your mouth. A lot of people say, "well they have more money, so that smaller taxes takes that more money from them." Yes, that's certainly true but so is the reverse; they have more money so they have more left over once taxes are taken out. I'm not really arguing one way or the other, just making an observation so please don't start arguing with me cause that's not why I replied.
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