tax cuts for rich vs. middle class

[Guest Jules]

Which post in this thread doesn't come off that way?

For starters, all of mine.

[Guest Speed Racer]

Never answered my question about the corporate income-tax filings: April 15 is still the deadline, right? Giving you more than 120 days to have a 90-day-deadline bill paid?

[Guest Jules]

Never answered my question about the corporate income-tax filings: April 15 is still the deadline, right? Giving you more than 120 days to have a 90-day-deadline bill paid?

Oh yeah, sorry. I was referring to corporate estimated tax payments. For example, 2nd quarter 2010 estimated tax payments are due this week (tomorrow). Last I checked, 2nd Quarter 2010 goes through the end of the September. So, using a formula based on previous years' corporate income, we have to pay tax based on July, August and September income, before that time period is even over. And, about 45-60 days before we will collect the revenue for September sales.

[Atticus]

so what income brackets should pay what marginal % taxes?

[ikol]

For starters, all of mine.

 

And mine. And any other posts that either agreed with me or didn't explicitly disagree.

 

so what income brackets should pay what marginal % taxes?

 

0-$1 gazillion: 25%

$1 gazillion and one cent to $infinity: 26% (screw those rich bastards, they can shell out an extra 1%)

[Sir Stewart]

"I'm a disenchanted working slob who doesn't identify with any political party, even the fringe ones, and who hates ideologues, appreciates informed, expert pragmatists, and realizes that no matter what, I'm fucked." - Artifice

 

Well now we're getting somewheres.

[cryptique]

Those who benefit most from a system bear the greatest responsibility for perpetuating that system. Ergo, progressive income tax.

 

I think Obama would have the Republicans by the balls on this one, if the worrywarts in his own party would just sack up and get on board.

[ikol]

So you're saying senators should pay the most taxes? I like.