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Automotive News & Views Can GM make Cadillac the standard of the world Again?
6098 messages, Last post on Aug 14, 2009 at 4:43 PM
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Replying to: lemko (Jan 04, 2008 6:56 am) Great, we've gone from a Consumer Reports consipracy to some "wealth is the root of evil" conspiracy. Have I landed in a Socialist/Communist blog site by accident? I don't happen to be in the top income bracket or drive an S class, but for those that are envious of wealth, you might want to get off your sorry butts and do a little research. You will find the the lower half of Americans in terms of income pay a whopping grand total of 3% of all income taxes. That's it. anything less and it would be nothing. The upper half pay 97%. The top 5% pay 57%. Check it out: Income Taxes And as far as that S class? It get's 16 mpg combined, resulting in a gas guzzler tax of $3,700. But all those Escalades, Tahoes, Suburbans and Expeditions clogging our highways and parking lots? The get a combined 14 mpg, spew out an average of 20% more CO2 emissions but heaven forbid that they get hit with any gas guzzler tax whatsoever. After all, they are "work trucks" for all of those soccer moms according to the GM/Ford lobbyists that have come to your rescue. You know, the same lobbyists that worked against clean diesel requirements such that Mercedes couldn't import its 35 mpg E320 Bluetech until about a year ago (and still can't sell it in a few states). There are plenty of socioeconomic inequities in the world and in the US. But before anyone takes aim at the wealthy, you might want to get your facts straight. And you might end up finding that you owe a debt of gratitude to at least some of those S class driving entrepreneurs that creating wealth and jobs for others in spite of paying taxes to cover a bunch of freeloaders along the way. |
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Replying to: habitat1 (Jan 04, 2008 10:18 am) Hab, you just found out? Geez... 
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Replying to: 62vetteefp (Jan 04, 2008 8:56 am)
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Replying to: habitat1 (Jan 04, 2008 10:18 am) You dont mention wealth allocation. If the top 5% have 90% of the wealth (dont know exact numbers) it would only make sense for them to pay their share in taxes. The lower half of Americans down own much and thus shouldnt be expected to pay as much as the rich. And of course this only considers federal income taxes, not all taxes paid. The lower half of society pays plenty in sales tax, gas tax, state/local income tax and property taxes.
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Replying to: mr215 (Jan 04, 2008 11:24 am)
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Replying to: mr215 (Jan 04, 2008 11:29 am) You can get those exact numbers by clicking on the link I provided or doing a 60 second google search yourself. The top 5% have 33% of the income, but pay 57% of the income taxes. the bottom half have 18% of the income, but only pay 3% of the income taxes. In other words, even factoring in welath, the top 5% pay over 10 times more income taxes in proportion to their income than the lower 50%. As for other taxes, it is almost equally disproportionate. Liberals cite sales tax, but forget that estate taxes are ONLY paid by the wealthy. And in terms of the government funded services that are paid for by taxes, the consumption is disproportionate to the lower half. Imagine if they tried to do this with a toll bridge. The first 20 folks that crossed would be free, the next 30 would pay a nickel, the next 40 would pay 50 cents, the next 8 would pay $10 and Warren Buffett and Bill Gates would pay $10,000 each. That's about the way it is. And the folks paying nothing or a nickel are complaining?? |
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Replying to: mr215 (Jan 04, 2008 11:29 am) |
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Replying to: tntmyth (Jan 03, 2008 9:13 pm) |
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Replying to: fintail (Jan 04, 2008 11:52 am) Famous last words. Sorry to pick on you, but may I respectfully suggest you don't "believe" a damn thing. Thanks to the internet and those wealthy Google guys, it's easy to get the actual facts, so that you can "know" them for yourself. Rather than get them filtered through and misquoted by CNN, Fox or pray tell, even from me. There is a point to all of this. Several posts ago, I offered to set aside my "belief" that Cadillacs are still the same old sub-par underwhelming cars from the 70's 80's and 90's and go out and gather some knew "knowledge" with an open mind. But darn it if the folks here who keep making conspiracy excuses for GM don't have me tempted to say the heck with it. Sometimes I think diehard GM supporters are its own worst enemy.
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