Timmy
Gold Member
- Oct 2, 2015
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they are not paying any more per dollar earned than anyone else for the same dollar earned in the same tax bracket for said dollar...An income tax being unconstitutional...Hey dumba$$, once the tax is on the books it never goes away. That is the behavior of the federal government.Republicans propose cutting the tax rate on the wealthy in half
What is so different in proposing we double it? To be fair, I would only double it until our $20 Trillion debt is paid off
They Are inherently irresponsible, Because the federal government is run by progressives.
Hey Dumbass
The wealthy used to pay 70% tax rate, now they pay 39%
Seems like the tax burden "went away"
Why should they pay any more than anyone else, the bottom 40% really pay nothing. Luxury tax
Tongue twister, I know!
But if someone makes $50k in taxable income, and the rich guy makes $1,000,000 in taxable income...his first 50k in taxable income is taxed at the same rates as the guy who only made 50k....
He does NOT pay MORE per dollar for his $50k taxable income than the guy who just made in total, the $50k in taxable income...THEY ARE TAXED AT THE PRECISE SAME TAX RATE....for the $50k.
There is nothing unfair about that....
right, if everyone made 50K you would be correct. But not everyone makes 50K and many making 50K pay zero federal income tax after deductions and exemptions, but the rich guy will pay full taxes on his first 50K, and thats fine and proper.
The point is that by taking more from the rich you will stiffle investment and drive money out of this country. Rich people are rich because they know how to manage and keep their money.
Well at least it's a suggestion . Thank you.
This Thread is a lot like congress . All about blaming and no ideas on how to control the debt .
The good news is that the US has incredible earning potential . After ww2 the debt was insane and we brought it down .