You wouldn’t know this from President Obama’s rhetoric, but our tax system, according to a recent report by the Congressional Budget Office (CBO), is incredibly progressive. Consider: The top 1% of income earners pay an average federal tax rate of 28.9%…The average federal tax rate on the top 20% is 23.2%. The 20% of taxpayers earning between $50,100 and $73,999 pay an average 15.1%, and so on down the line. The CBO report includes payroll as well as income taxes paid.
There’s also another way of looking at fairness, and that’s the tax burden. Here, consider the top 20% of income earners (over $74,000). They make 50% of the nation’s income but pay nearly 70% of all federal taxes.
Gee Ari, do you want to know what the top rate was in, say, 1958? You know, back when this country had a federal government that actually did stuff, like building the interstate highway system, without a bunch of conservative naysaying? 90 percent, that’s what!
Moreover, as noted here…
Rich Americans are not overtaxed. Not by a long shot. From 1996 to 2007 the overall federal tax rate for the richest 1 percent fell by more than 6 percentage points. The top marginal income tax rate dropped from 70 percent in 1980 to 35 percent today. And that’s just for starters.
The Bush tax cuts, enacted in 2001 and 2003, delivered massive new tax breaks to the rich, reducing a millionaire’s tax bill by hundreds of thousands of dollars. And tax benefits—such as the home mortgage interest deduction, the charitable deduction, and the employer provided health care exclusion—all benefit the rich more than they benefit the middle class. One in four millionaires pays a lower overall tax rate than millions of middle-class families.
One percent of the people paying 40 percent of all the taxes? It sounds unfair, right? But stop to think about it for more than a moment and it becomes apparent that the statistic is meaningless.
First of all, federal income taxes are only one part of the overall tax system. By focusing only on the one piece of the tax code that is very progressive, conservatives are artificially inflating the share of taxes paid by the 1 percent.
Second, the rich pay most of the taxes because they make most of the income. Think about it: Of course the richest 1 percent of people pay way more than 1 percent of all the taxes—they have way more than 1 percent of all the income. That’s why they are in the top 1 percent.
Third, the share of taxes paid is a really silly way to think about tax burden. What matters isn’t the amount of taxes someone pays as a share of total revenues. What matters is the amount of taxes someone pays as a share of his or her own income.
But of course, this is typical for Fleischer, who has a knack for numeric misrepresentation, as noted here.
The target of liberal legislators is the gun show. If you are a licensed gun dealer you hold a Federal Firearms License and are required by law to perform a background check before you can release the gun to the buyer. That makes good sense and often there is a waiting period. A waiting period makes good sense too unless you are someone being threatened or harassed and you happen to need a way to defend yourself. The attacker will be reassured that the government will deny you, the potential victim, an immediate opportunity to purchase a tool to defend yourself. When an attack is going to happen in seconds the police, if called, will respond in minutes to take the crime report.
I would say that that’s a real dig at the men and women of law enforcement, which of course is typical for the hardcore pro-gun zealots. If you believe that you could be attacked “in seconds,” then I think the prudent thing to do is give the police some advanced notice, wouldn’t you say? Or (and here’s a really left-wing idea I suppose), you could go to the police, tell them you have a suspicion that someone is going to attack you, and actually let them investigate as opposed to carrying out some vigilante “justice” with tragic consequences (see Martin, Trayvon).
Here is the controversial aspect of a gun show: the unlicensed seller. This is a person that wants to sell his personal property to another individual. It is the equivalent of you saying “Mike, you want to sell that .22?” And then me telling you I’ll take 50-bucks for it. We have a deal and I’m the unlicensed seller. But, I don’t need a license to sell you my .22. That is the “gun show loophole.”
Closing the “gun show loophole” enables the government to curtail person to person sales. That is what is really behind the attack on gun shows. Every gun would have to be turned into a gun dealer so that it could be tracked by the Federal Government and then the transfer process would be monitored by the Federal Government. The right you have now to sell your neighbor your shotgun will be gone, forever.
Once again, WAAAAAAHHHHHHH!!!!!!
In response, I give you the following from here…
Why is it important to get rid of the gun show loophole?
The gun show loophole makes it very easy for guns to fall into the hands of prohibited individuals, including criminals and juveniles. Closing the loophole would put a barrier between the legal and illegal markets for guns. It is more difficult for law enforcement to trace firearms sold on the secondary market. Second-hand firearms typically have left the possession of a licensed dealer, where records are kept, and reached the hands of an unlicensed seller, who is not required to keep records.
How can we close the gun show loophole?
It’s simple. Closing the dangerous loophole merely requires unlicensed gun sellers at gun shows to conduct the same instant background checks that licensed dealers must conduct.
Won’t closing the gun show loophole violate the Second Amendment?
No. No matter what your interpretation of the Second Amendment is, it is illegal for criminals and youth to get guns, and federal law already requires background checks for sales by licensed dealers. We need background checks at guns shows to protect law-abiding citizens while keeping guns out of the hands of those prohibited from owning them.
Won’t requiring background checks on all sales at gun shows be a bureaucratic nightmare?
Closing the gun show loophole would merely involve unlicensed gun sellers at gun shows implementing that same system. More than 95% of background checks are completed within two hours, and most are completed in just two minutes.
Will closing the gun show loophole put gun shows out of business?
No. Three of the five states that host the most gun shows – Illinois, Pennsylvania, and California – closed the gun show loophole years ago, and gun shows continue to thrive.
And as far as the supposed lack of public interest in gun control, I think the following should be noted from here.
Update 7/31/12: And isn’t this precious, by the way, in a related story? Too damn funny…
For the record (as Greg Sargent notes here), this is what President Obama actually said about job creators and government…
Let me tell you something. There are a whole bunch of hardworking people out there. If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you’ve got a business, you didn’t build that.
I also think it’s a good idea, in light of this, to look at what past presidents have said about government, to give you some perspective as to who is on the right side of history here and who isn’t (and please spare me any dreck from The Sainted Ronnie R or his “son”…the yield from those tiny minds on this subject isn’t worth noting in the final analysis).
First, though, I digress slightly and give you this (Update 7/24/12: I forgot to add this yesterday)…
…big government is not something that has been forced on Americans by liberal elitists and power-hungry bureaucrats. We have it because we ourselves have demanded big government to deal with the many big problems we have faced in our society. We have called for big government programs when it has been obvious that there are serious problems that cannot be solved through individual effort or by the natural workings of the free market.
And by and large, most Americans continue to support these big government programs. Polls consistently show that between 60 and 70 percent of Americans want to see increased federal government activity around issues of the environment, education, crime, Social Security, and health care. Importantly, such large majorities supporting big government programs cannot simply be made up of liberals; they must also include a lot of moderates and conservatives as well.
So when it comes to the issue of big government, it may actually be the Republicans who are the elitists — who are trying to impose their view of minimal government on a public that has demanded and still supports most big government programs. Democratic candidates in the upcoming elections would do well to make that one of their campaign messages.
Further, I think we need to consider the following quotes from some of our former presidents:
If men were angels, no government would be necessary. –James Madison
“The bulk of government is not legislation but administration.” “Men can never escape being governed. Either they must govern themselves or they must submit to being governed by others.” – Theodore Roosevelt
“The object of government is the welfare of the people.”- TR again
The success of our popular government rests wholly upon the correct interpretation of the deliberate, intelligent, dependable popular will of America. – Warren Harding (even someone not remembered as that great of a president knew something so obvious)
And perhaps, coming from the granddaddy of them all on this subject (don’t totally agree with all the sentiments of the author here, even if he does make some good points – and I think we can substitute “9 and 3” years here with “8 and 4,” and we’d be about right)…
For twelve years this Nation was afflicted with hear-nothing, see-nothing, do-nothing Government. The Nation looked to Government but the Government looked away. Nine mocking years with the golden calf and three long years of the scourge! Nine crazy years at the ticker and three long years in the breadlines! Nine mad years of mirage and three long years of despair! Powerful influences strive today to restore that kind of government with its doctrine that that Government is best which is most indifferent.
We had to struggle with the old enemies of peace–business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering.
They had begun to consider the Government of the United States as a mere appendage to their own affairs. We know now that Government by organized money is just as dangerous as Government by organized mob.
And given all of what we’ve seen so far in this election (to say nothing of what remains to be seen), it’s pretty damn plain which candidate represents the “organized money” part of the equation and which one doesn’t.