DO YOU EARN $40,000 A YEAR?

[Alicynx]

Someone who earns 40k per year does pay taxes - and the govt earns interest on the taxes they pay. Everyone who works pays taxes. Someone earning significantly more has the ability to use more loopholes, tax shelters, etc - as such, they end up paying A LOT less than $400k in taxes. Don't lie to us, Speaker, we're not fools.

[leaddrop]

Wow... If thats the case then where did all those years of FEDERAL WITH-HOLDING go that was taken out of my paycheck?

Fuckin jerk.

[Omega3chimp]

good rich people should pay tax mother fuckers.

[BapticostalFreak]

@Omega3chimp how would you like to make 400K a year and pay 300K a year in taxes? That is the tax rate they pay cause i have seen paychecks of people that make that much, the top 20% of wage earners pay 95% of all taxes. How can they pay more in taxes when the bottom 40% if wage earners pay 0% of the taxes paid.

[judyleasugar97]

@BapticostalFreak: Not true. The top 2 percent wealthiest utilize loopholes Republican lawmakers have painstakingly put into the system for them. They pay 15 percent of their income, if that. The rich would like to maneuvre themselves into a position where they pay no taxes at all and guess what that is people, a return of the aristocracy. Next time Fox channel is bitching about taxes think about it.

[BapticostalFreak]

@judyleasugar97 I said "top 20% of wage earners also pay 95% of all taxes paid" not they pay 95% of their income in taxes. If 10% is good enough for the Lord then its good enough for my government. I would love to maneuvre where I wouldn't pay any taxes but I am not a drug dealer with a 20K dollar car and no job.

[judyleasugar97]

@BapticostalFreak: Typical selfish tea bagger statement. How could this country run if no one paid taxes?

[xtaxplayer]

@judyleasugar97 Typical teet muncher statement. We want's somethin' for nothin'.

Why should someone that doesn't pay anything into the income tax receive anything back? You don't deserve it. It is not a right. Maybe you should be more involved with paying for what you are asking for. Yes entrepreneurs want to make money. Why do you do your job, out of the goodness of your heart? Or is it to get paid. What do you know, something in common with the evil entrepreneur. Read, think, learn

[JesusSaves1984]

@xtaxplayer Taxes are unconstitutional anyways, it's taxation without representation!!

[xtaxplayer]

@JesusSaves1984 That is not the discussion, but you are correct. The way to have it proved is long and drawn out. But it has been successfully done several times.

[JesusSaves1984]

@judyleasugar97 if you lowered taxes and the government would stop spending billions on teaching people how to kill and start teaching klds education and get out of other foreign countries and fix this country first, we would be better off, besides, the Rothschilds has all to do with jamming taxes down our throats and making it slave labor.

[judyleasugar97]

@JesusSaves1984: The middle class in this country simply can't carry the entire tax load. Just look at how quality of life has gone down recently. The wealthiest need to contribute more.

[coryc10]

@judyleasugar97 The wealthy contribute the most by far! You are an idiot. When you pay your % of taxes you pay next to nothing. When someone making a million a year pays 400k Id say he/she is contributing a little more than you are.

[judyleasugar97]

@coryc10: What exactly do they contribute? Seems to me they take. They don't pay workers a living wage, benefits. They try to get out of providing safe working conditions. They overcharge customers. They take advantage of foreign workers. And then they want to pay no taxes? It's called the return of the aristocracy.

[WhiteHare89]

People in congress should only get paid minimum wage

[BapticostalFreak]

@WhiteHare89 and vote all 435 out in november

[victor2cutube]

what is this idiot talking about ?? "If you make $40,000 a year you don't pay any taxes".. that is stupid as hell.. u pay taxes if you make $15,000 a year.. even if you don't pay income tax before $10k you still pay social security and medicare taxes..this guy is out of touch with reality..

[Rainsdad]

how much money did you get back from your taxes?

[victor2cutube]

how much did u get back ?

[victor2cutube]

not enough

[Rainsdad]

figured

[Andrew32488]

I'm so happy that you are no longer representing us. You're humiliating to our country and stand for right-wing fascism. You're out of touch and obviously you don't understand the tax system.

[HerraIce]

i think everyone should pay the same amount of percentega on taxes it's only fair

[fatfat3241]

This guy is dead on the rich pay the majority of taxes it's not fair that rich people pay 20 to 40 percent of there income and the poor pay a few percent if any.

[BapticostalFreak]

@fatfat3241 the top 5% of wage earners pay 60% of taxes and the bottom 40% of wage earners pay 0% in taxes. So my question is who needs the tax cuts, the ones that make money and pay taxes and hire people or the ones that make very little money and hire no one.

[polevaultrockstr]

@BapticostalFreak considering the top 20% as of 2007 make up over 80% of the wealth in this country, I believe it is us, the little people need more tax cuts. I personally don't agree with most of the taxes we pay but if this corrupt system were to go on with its "fair share" mentality, the rich need to start givin!!!!

sociology(.)ucsc(.)edu(/)whoru­lesamerica(/)power(/)wealth(.)­html

[BapticostalFreak]

@polevaultrockstr and the top 20% of wage earners also pay 95% of all taxes paid. The bottom 40% of wage earners pay 0% of all taxes paid. Remember its the "rich" that gave you a job. Its the "rich" that write your paycheck. Its the "rich" that hand nothing handed to them. 80% of the "rich" are first generation "rich", they are just like me and you, they had to get out and work for it. Don't hate the rich, they are they job providers

[polevaultrockstr]

@BapticostalFreak Please stop acting like all the people in the world with jobs owe their lives to those lucky enough to control them. If you truly believe that this world is fair and that you and I have the same chance and some rich kids dad your mistaken. The "rich" take advantage of us and the "rich": only get rich of of our labor that we give them. Remember that with out us slave people, the "rich" would be nothing. You thing warren buffet can fucking make anything?

[polevaultrockstr]

@BapticostalFreak For example, your telling me a Goldman Sacs exec that gets a million dollar BONUS and pays taxes on it is someone who is somehow much more productive than I? Give me a break, no one on earth deserves a millions of dollars as a BONUS! You see this is how this crap works. You and I slave to feed ourselves while the higher ups live a life of luxury. Also I do not hate rich people, I dislike wealthy people who shortchange those who work for them. We all have bosses we like

[BapticostalFreak]

@polevaultrockstr I never said that, where did you get that from?

[polevaultrockstr]

@BapticostalFreak and this is because not all wealthy people are bad. But lets be honest, many of them are very selfish. How about the slave labor that goes on in China so that Apple can get you your itouch for a whopping 500 bucks. Or Wal-marts low prices and its connection to slave labor. As you can see, the real wealth holders in this world have no real care for us other humans, just want more and more money.

[BapticostalFreak]

@polevaultrockstr When was the last time a "poor person" gave you a job?

[judyleasugar97]

@BapticostalFreak: Most jobs in this country are small business. And I look at the very wealthy as predatory not philanthropist. You think they're giving people jobs out of the goodness of their hearts? No way, they want to make money.

[xtaxplayer]

@polevaultrockstr How about talking about America. not China. Don't buy items you think they are expensive. Nobody forces you to, except healthcare in 2 years. Funny how Lib's want to force everyone to do what they think is right. Don't use leaded gas, outlaw DDT. How has that worked out. Un-leaded fuel has caused mercury pollution in the water and soil, Malaria was 3% of the African Child population in 1967 with DDT down from 90%, now without DDT it is 90% again. Great job. Read, think, learn

[gashop]

This guy is as stupid as he is fat. Everyone pays taxes. When I was earning just over $40 I paid out $800.00 a month in taxes. That may not be much to a millionaire but to someone who only brings in $40 a year, that is a significant amount...I think it's arogant to make such a comment and it's obvious he is not for the average working class...

[gashop]

This guy is as stupid as he is fat. Everyone pays taxes. When I was earning just over $40 I paid out $800.00 a month in taxes. That may not be much to a millionaire but to someone who only brings in $40 a year, that is a significant amount...I think it's arogant to make such a comment and it's obvious he is not for the average working class...

[imperialgoat]

Well, this is all well and good, but why am I paying an illegal tax that goes entirely to private bankers to pay interest on an unpayable debt in the first place? Hmmm, something sounds like a total scam here.

[befreeforfreedotcom]

Now go figure why our country is the way it is today... Thanks for sharing.

[AmySms]

Earnings are based on risk and responsibility. Keep it safe, earn crap. Be risky, lose it all or earn everything. Educate yourself on taxes and you won't pay them. Then donate that money to good causes. You must do it legally, and there are ways. Like real estate investments, owning a business, etc. Until you judge those "millionaires" why don't you read their stories? If you are a clerk, or a have a "j.o.b" then you have no right to be angry at millionaires.

[activeated360]

i think if u live around wealthy people the standard of living eventually trickels down....take NY for the last like 100 yrs or so ..well u guys know what i mean F I G H T T H E P O W E R

[csRoster]

Ironically the same workforce you're defending is spending their hard earned $8 to pay sports stars, movie producers and big business. If you're on the selling end you're making money (hopefully), if you're paying money to go to the movies, then it's you're own fault these guys are so rich

[marklang]

Thank you for not calling me names this time. Now, the world needs all levels of jobs to be filled in order to function. The question is, how shall they all be compensated? Let's give sports figures $3 million a year for 7 years. Let's give movie producers $10million for a succesful movie. And the general workforce? Let's give them no hope of retirement.

[marklang]

The top 5% of income earners don't deserve the income they make. What did ANYBODY do, EVER that deserves 1 million dollars A YEAR. Nothing. The reward is too much for a human being. Period.

[topperharley12585]

What have the other 95% of income earners ever done that they deserve the income they make?

Why do people who stand at a cash register all day make as much as $8 an hour in some places?

Supply and demand you moron!

[marklang]

What a jerk. Why call me names? If you have a good point, you should just leave it at that. Asshole. Supply and demand...otherwise known as the "haves" and the "have nots". Oh I understand supply and demand. You don't know who you're talking too.

[marklang]

The cost of living to these people is like a fly on thier shoulder. But to the $8 per hour employee, the cost of living is like an elephant on their back. Companies should distribute more to the lower earner. You would be amazed at how society would thrive if "menial" jobs were worth keeping. Prick.

[dakopisot]

i totally agree... and so let asians and africans earn $8 an hour as well.

Im earning only $1 an hour for doing the same job as americans and europeans .

In fact, i belong to the upper 5% in terms of educational attainment... but we just dont have the right opportunities in our part of the world.

[marklang]

Asshole. Youtube is full of pricks. You are one of them. You don't know who your talking to my friend. Where did you learn about supply and demand, Economics 101?  Yeah you are quite bright I tell ya. You're right. Cashiers don't deserve shit. They are mostly non-college graduates, right? Fuck 'em. I got my million.

[topperharley12585]

Well you really didn't do much to answer my question, so I'll pose it a different way. Which do you think is a greater percentage? The percentage of jobs held by the lower 95% of earners that the top 5% could accomplish. Or the percentage of jobs held by the top 5% of earners that the lower 95% of earners could accomplish?

[thatsreallymean]

"The Dirty little secret is that both houses of congress are irrelevant. America's domestic policy is now being run by Alan Greenspan and the Federal Reserve; America's foregin policy is now being run by the International Monetary Fund. When the president decides to goto war, he no longer needs a declaration of war from congress..."

[gt95stang]

Idiot Democrats! Hastert is 100% right!

$40,000 - $10,300 Standard Deduction - $3,300*4 Personl Exemption = $16,500 Taxable income. 10% on the first $15,100 and 15% on the next $1,400 is $1,930. But, you get up to $2,000 in child tax credits, so the entire income tax bill is wiped out!

If Democrats actually understood economics and taxes, they'd be Republicans.

[eligarf]

"It could probably be shown by facts and figures that there is no distinctly native American criminal class except Congress." Mark Twain, 1894

[eligarf]

Do the US a favor and stop labeling people for which "party" they are "in."

kick out all the dishonest people and bring in intelligent and honest people.

How hard is that?

[anwealde]

You can't get elected that way. Voters vote for people who tickle their ears

[coolman79]

Do the U.S. a favor...get the REPUBLICANS out of office b/4 it's too late...

[TheRideOfPaulRevere]

COPY, PASTE, AND PASS IT ON

The Cheney-Specter Bill (S. 2453) will make warrantless domestic spying permanently legal!

Bill Includes warrantless eavesdropping of all communications, and the data mining and profiling of every U.S. citizen.

If war is declared, warrantless searches of all homes and businesses will be legal.

In effect, the legal concept of "probable cause" will be eliminated from the Constitution.

Call and fax your Senators now, and tell them "NO" on Bill 2453.

WWW.BORDC.ORG

[GOPJunkie]

Guess what? He's right. And that is what drives liberals crazy.

[edboncheek]

Hey . . . I earn 40k a year and guess what I PAY TAXES! Over $6,000 in taxes and thats after my deductions!! Do the math dummy. . . $6,000 in taxes is no taxes??? I don't think so.

[maxgrant]

Guess what? He's wrong. And so are you. When I made $40,000, and I had 2 kids and a spouse, I FUCKING PAID TAXES.

[anwealde]

If it was last year, and they were federal taxes, then your 1040 wasn't correctly prepared

[ducklawyer]

Don't be flippant; what he obviously means is that someone making 40K per year with a spouse and 2 kids is paying little or no taxes while those who make more pay more. The guy who is paying very little can't get much of an income tax break. The income tax system (with the AMT) we have today is wildly uneven with a very small portion of the nation paying a very heavy burden while the majority of Americans are in effect subsidized so that they don't have to pay anywhere close to their share.

[todwarhawk]

Bingo! The reason the top 5% of income earners get 95% of the tax breaks is due to the fact that they are the same 5% responsible for paying 95% of this country's taxes to begin with!

I just KNOW people deep down realize that is the way it should be...right...?

[Rfive]

If the Republican plan is to starve the beast with lower taxes and thus producing cuts. It has backfire. Now we jut have huge national debt and a country that is use to having programs on the cheap.

[tomomemitasha]

WATCH A REAL-LIVE MEXICAN WEREWOLF HOSTING A COMEDY SHOW!!!!

YOU’VE NEVER SEEN ANYTHING LIKE THIS!!!!

http://www.youtube.com/view_pl­ay_list?p=48F8B9A02E6CBB9E

[b3mike]

 IF YOU ARE SO "PRODUCTIVE", THEN WHY ARE YOU ON YOUTUBE? LOUSY RIGHT WING CONSERVATIVE DOUCHE BAG...

[jze]

Hahahahahaha... all liberals know how to do is bitch and moan. What a waste of all that talent and brain power. Do something more productive instead of bitching about the government all the time or you'll always be losers.

[dunechard]

SHHHH...Please not too loudly...the dems have them dumbed down already...

[nealie]

So.. all Republicans are THAT out of touch with reality?

[file83]

Vote Democrat in 2006 - let's get rid of these Republican dirt bags!!

[xdl1035]

fuck society..dont like the laws move to canada you dick shits

[machiavelli666]

He's a moron.

um...nothing else to say about that.

[BJam0684]

People, they already passed a law to cut taxes for the rich and oil companies. The law is deliberately designed to those who are upper class...never mind about the middle class who make up the country. The problem now is they want to make is Permanent. Stop them in November before they do!

[bitslicer]

People seem to forget that the tax we pay is still our money, just appropriated for the gov't to fulfill its Constitutional obligation. Why should I get a disproportionate tax rebate simply because I make a little more than you? Keep your grubby hands out of my pocket!

[kyounao]

When the hell is november coming around? My voting card is getting a mighty bit dusty, I fell like wooping some ass! XD

[pongman]

A flat tax would be fair... 10% from everyone... whether you're a billionaire or if you're a homeless beggar without toilet paper and maggots crawling up your hole...from the dumpster you sleep in..and only made a dime.... no more loopholes...

[mutualfunmanager]

You make more money, you pay more taxes, your tax cut will be bigger, dollar wise. It is very simple.

[evanguy]

This guy's an idiot. At least it's easier for millionaires to get out of paying taxes because they can hire accountants to find loopholes and tax breaks.

[cdk007]

If you earn $40,000, claim a spouse and 2 kids, you pay $1860 in taxes. Not bad, only ~5% of your total income. Remember, your whole family has to live on $38140 or $9500 per person. If you earn $1 million and pay $400,000 in tax you are left with $600,000 or $150,000 per person. BooHoo to the rich. The poor will spend almost all of their income, the rich don't. Trickle up economics works. They just won't admit it.

http://www.youtube.com/watch?v­=2lf0yrRDkJ4

[BapticostalFreak]

@cdk007 any lottery is funded by people making less then 20K a year. next time your in a store that has lottery look and see who plays it then look at what they drive and follow them home and see where they live. The responsible people with money know the odds of winning at lottery are less than 1 percent of 1 percent. The ones that usually win a big lottery amount are bankrupt in 5 years.

[Chodorovski]

I heart republicans

...oh wait, no i dont ....douches

[bonvoyage]

Wow... they just lost my vote for next year...

Damn Republican

[MasterTibby]

That's the best idea I have ever heard!!! Let's give money to the people that don't need it, and make our nations deficit even BIGGER!!! Maybe, if we are lucky, we can make our money worth even less!!!!!!!!!

I HATE REPUBLICANS!

[GreyAcumen]

Yeah, after all, it would be far better to take money from people who earned it and give it to people who are poor. That provides such incentive for working hard and trying to actually earn money. Cause after all, who wants to just be given money? I'm sure that when hard work just gives you more taxes, everyone will want to work harder.

[BapticostalFreak]

@MasterTibby me too, we need people who run as Americans and not Republicans or Democrats.

[BapticostalFreak]

@BapticostalFreak America needs someone like J C Watts for president, I sure wish he would run in 2012, he would be very well liked and people would realize that he wouldn't blame anyone for what he "inhereited" but say hey were here lets move forward, blame only divides the country.

[thecheesemakers]

http://www.youtube.com/watch?v­=MStbzc91_xM

[dunechard]

I thought Democrats are all about beeing fair...Why punnish someone who makes millions and likly feeds the economy by spending and investing and creating jobs...Wouldn't a flat rate be more fair???

[videoeditingmike]

politicians speak in such hyperbole - and it is always taken out of context - which is not defending them, but rather saying that people need to understand these people don't really know what they are talking about sometimes. Remember when George H W Bush asked how long supermarkets have had those scanner things? They are a little out of touch.

[jblithe]

i hate to say it, but he's right. if you only make 40k a year, and have 2 kids, you don't really pay anything in taxes, relatively speaking. if you earn a million, you pay in almost half your income. that's all he's saying.

however, i say we pay politicians minimum wage, and don't allow lobbying or campaign donations and see how many laws, codes, and practices change in this country.

[mikeychill77]

He's is full o' crap. I know dozens of people in their 20's & 30's with one kids, making $40K and they ALL paid taxes!!!

[ragecarnnuu]

hastert has bought so my votes in my district he doesn't have to make any sense. He just has to keep the money coming in.

[petecellar]

Even if you give him the benefit of the doubt and claim that he meant 'you don't pay nearly the same amount of taxes dollar-wise' - he's still a raging douche-bag.

[convolved]

Well, folks, if you earn $40,000 a year and have a family of two children, you don’t pay any taxes. So you probably, if you don’t pay any taxes, you are not going to get a very big tax cut.

[pmetzger]

wow. out of touch?

[vernii]

Screw Hastert.

[jurassicpork]

Thank you, Ms. Pelosi. How comforting it is that this was said by one of our most powerful lawmakers.

[smokeymischief]

Are you kidding me? Well then why don't you go ahead and send me back all that money I didn't pay this year. Asshole.

[dancerdancer]

YOU STILL PAY TAXES, JACK ASS.

EVEN IF YOU HAVE TWO CHILDREN.