Should The Rich Be Required To Pay Higher Taxes In the US?

[Dad2three]

From: 10 Tax Questions the Candidates Don t Want You to Ask - 2 What the Flat Tax Taxes

Question. Incidentally, many, and perhaps most, Americans believe that a single, flat tax rate would be fairer than our system of progressive rates. So, you might ask, who would pay more income taxes, and who would pay less, if the only change to our income tax system were the adoption of a single, flat tax rate today that would generate as much revenue as is generated by our progressive rates? The single tax rate would have to be about 19% in a typical year.

Answer: Middle-income taxpayers would, on average, pay considerably more, and high-income taxpayers would pay considerably less. For people with taxable income in the $50,000 -$75,000, the tax rate on that income is, on average, about 13%. For people with between $2 million and $10 million of taxable income, the tax rate on that income is, on average, about 26%, nothwithstanding favorable tax rates on dividends and capital gains.

So if you’re in the solid middle class, your tax rate would be about 6 percentage points higher with a flat tax rate, while very high income households would enjoy a tax rate about 6 to 7 percentage points lower. Now what do you think?

Bullshit...10% of a million is more tha 10% of 100,000 so the millionaire automatically pays more to the government than the guy making 100,000 ....so sorry, your bullshit doesn't fly....a flat tax is the only fair way to tax people if you aren't filled with hate and envy of someone who makes more money than you...and that is at the core of the left...hate, jealousy, greed and envy...

Weird how SOOOOO many people here talk about "hate" and then show how it's REALLY done

80% of the population owns 5% of the wealth.

Who Rules America Wealth Income and Power

The middle class has been eviscerated. What middle class?

the middle class gets screwed by the politicians spending 18 trillion dollars, which eats up the money that could be used to create jobs......the politicians you want to give even more money to are the ones fucking up the economy...so why do you want to give them more money.......?


you said they just give that money to the rich right, dumb fuck? so why on earth would you want to give them more tax money...our money, so they can just give it to the rich? Please...explain how that works.....

DUMBFUK, MOST OF THAT $18 TRILLION CAN BE TRACED BACK TO RONNIE/DUBYA TAX CUTS !!!

 

[Dad2three]

Guys like you worship government, you believe it does no wrong and that government has first claim on anything you earn...and after that you can keep what they don't need right now........and there is never enough money for the government to spend.....

And you anti Gov't types do EVERYTHING to undermine effective Gov't AND US as a society.

......this coming from the side that believes tripling the deficit and increasing debt ceiling is effective government. That mindset definition of efficiency makes about as much sense as a financial advisor telling consumers in debt to triple their credit card debt levels and ask for more credit when they have hit their limit.

Most sound financial minds are all about limiting that level of "effectiveness" ; conservative and otherwise.

You do understand the debt ceiling is for laws already passed right? You know PAST spending under law? And no, it was GOPers who said "deficits don't matter Reagan proved it" AS the Liberals/Dems asked to get US back to where Clinton had US with his 4 straight surpluses (3 after vetoing the GOP's $700+ billion tax cut!!!!)

Conservatives, for nearly 40 years, goal has been to destroy EFFECTIVE Gov't., And when they are in charge, did a pretty good job of it too!

So, just because debt ceiling is for laws already passed, the ceiling should be raised? Again, your logic can be applied to irresponsible credit card spending. "Yes, but I am only asking for more debt on established spending". It's on the books. Milk it!!! Right?

Weird how SOOO low informed and how the ability to not use critical thinking the right wing has today?


Yes, lets treat Gov't like a household budget *shaking head*, Perhaps stop getting your info (probably) from the three stooges on the right, Rush, Hannity and Beck, none of who got past high skrool?

Lets just stop Gov't spending mid stream, THAT wouldn't hurt the economy right? lol

 

[2aguy]

From: 10 Tax Questions the Candidates Don t Want You to Ask - 2 What the Flat Tax Taxes

Question. Incidentally, many, and perhaps most, Americans believe that a single, flat tax rate would be fairer than our system of progressive rates. So, you might ask, who would pay more income taxes, and who would pay less, if the only change to our income tax system were the adoption of a single, flat tax rate today that would generate as much revenue as is generated by our progressive rates? The single tax rate would have to be about 19% in a typical year.

Answer: Middle-income taxpayers would, on average, pay considerably more, and high-income taxpayers would pay considerably less. For people with taxable income in the $50,000 -$75,000, the tax rate on that income is, on average, about 13%. For people with between $2 million and $10 million of taxable income, the tax rate on that income is, on average, about 26%, nothwithstanding favorable tax rates on dividends and capital gains.

So if you’re in the solid middle class, your tax rate would be about 6 percentage points higher with a flat tax rate, while very high income households would enjoy a tax rate about 6 to 7 percentage points lower. Now what do you think?

Bullshit...10% of a million is more tha 10% of 100,000 so the millionaire automatically pays more to the government than the guy making 100,000 ....so sorry, your bullshit doesn't fly....a flat tax is the only fair way to tax people if you aren't filled with hate and envy of someone who makes more money than you...and that is at the core of the left...hate, jealousy, greed and envy...

Weird how SOOOOO many people here talk about "hate" and then show how it's REALLY done

80% of the population owns 5% of the wealth.

Who Rules America Wealth Income and Power

The middle class has been eviscerated. What middle class?

the middle class gets screwed by the politicians spending 18 trillion dollars, which eats up the money that could be used to create jobs......the politicians you want to give even more money to are the ones fucking up the economy...so why do you want to give them more money.......?


you said they just give that money to the rich right, dumb fuck? so why on earth would you want to give them more tax money...our money, so they can just give it to the rich? Please...explain how that works.....

DUMBFUK, MOST OF THAT $18 TRILLION CAN BE TRACED BACK TO RONNIE/DUBYA TAX CUTS !!!

Lying asshole.

 

[LeftofLeft]

I have done so before and did an analysis for the year 2012..........and the rate was 15% that I calculated to get a return on the system at 200 billion more than under the current system of taxation.

It was based off the IRS data for that year and the wage brackets directly from the IRS..............

It fell on deaf and dumb ears...........aka YOU...............who refuse to even consider it...........because you like the current BS system which is corrupt with fraud.

But liking fraud and abuse is expected of you.

Liar, no fukkn way you used MATH. Maybe conservative/GOP "math" but that's NOT reality!

TODAY the US gets 17%+ of GDP AND are running deficits, you saying gutting it to 15% AND giving the bottom making $50,000 or less a zero tax works? lol

Yeah...cut spending. We don't need shrimp running on treadmills or paying for stupidness to figure out why girls who are fat can't get dates...you twit.

Weird, I thought the GOP had most of Congress the past 20 years? Why didn't they cut the "waste" lol

I know, lets sign an agreement NOT to have a tax increase like 98% in Congress from GOP did right? After all, after Dubya/GOP gutted revenues to less than 15% of GDP (1950'S LEVEL) , WHILE they blew up spending with TWO UNFUNDED wars AND UNFUNDED MEDICARE EXPANSION THAT COST THIS DECADE, AS MUCH AS OBAMACARES THIS DECADE, WHICH IS 100% FUNDED!

Lying asshole......

LOVE how you refuted it with all the links to credible sources, lol

What do you consider credible sources? CBS Dan Rather or NBC Brian Williams? That kind of credible???

 

[Dad2three]

Liar, no fukkn way you used MATH. Maybe conservative/GOP "math" but that's NOT reality!

TODAY the US gets 17%+ of GDP AND are running deficits, you saying gutting it to 15% AND giving the bottom making $50,000 or less a zero tax works? lol

Yeah...cut spending. We don't need shrimp running on treadmills or paying for stupidness to figure out why girls who are fat can't get dates...you twit.

Weird, I thought the GOP had most of Congress the past 20 years? Why didn't they cut the "waste" lol

I know, lets sign an agreement NOT to have a tax increase like 98% in Congress from GOP did right? After all, after Dubya/GOP gutted revenues to less than 15% of GDP (1950'S LEVEL) , WHILE they blew up spending with TWO UNFUNDED wars AND UNFUNDED MEDICARE EXPANSION THAT COST THIS DECADE, AS MUCH AS OBAMACARES THIS DECADE, WHICH IS 100% FUNDED!

Lying asshole......

LOVE how you refuted it with all the links to credible sources, lol

What do you consider credible sources? CBS Dan Rather or NBC Brian Williams? That kind of credible???

Lets see what YOU can come up with Bubba, I've done a pretty good job linking why I think the way I do, with REASONED, well thought out positions, you as typical of the rightie (see 2aguy above) just can't do more than "feelings"...

 

[Dad2three]

From: 10 Tax Questions the Candidates Don t Want You to Ask - 2 What the Flat Tax Taxes

Question. Incidentally, many, and perhaps most, Americans believe that a single, flat tax rate would be fairer than our system of progressive rates. So, you might ask, who would pay more income taxes, and who would pay less, if the only change to our income tax system were the adoption of a single, flat tax rate today that would generate as much revenue as is generated by our progressive rates? The single tax rate would have to be about 19% in a typical year.

Answer: Middle-income taxpayers would, on average, pay considerably more, and high-income taxpayers would pay considerably less. For people with taxable income in the $50,000 -$75,000, the tax rate on that income is, on average, about 13%. For people with between $2 million and $10 million of taxable income, the tax rate on that income is, on average, about 26%, nothwithstanding favorable tax rates on dividends and capital gains.

So if you’re in the solid middle class, your tax rate would be about 6 percentage points higher with a flat tax rate, while very high income households would enjoy a tax rate about 6 to 7 percentage points lower. Now what do you think?

Bullshit...10% of a million is more tha 10% of 100,000 so the millionaire automatically pays more to the government than the guy making 100,000 ....so sorry, your bullshit doesn't fly....a flat tax is the only fair way to tax people if you aren't filled with hate and envy of someone who makes more money than you...and that is at the core of the left...hate, jealousy, greed and envy...

Weird how SOOOOO many people here talk about "hate" and then show how it's REALLY done

80% of the population owns 5% of the wealth.

Who Rules America Wealth Income and Power

The middle class has been eviscerated. What middle class?

the middle class gets screwed by the politicians spending 18 trillion dollars, which eats up the money that could be used to create jobs......the politicians you want to give even more money to are the ones fucking up the economy...so why do you want to give them more money.......?


you said they just give that money to the rich right, dumb fuck? so why on earth would you want to give them more tax money...our money, so they can just give it to the rich? Please...explain how that works.....

DUMBFUK, MOST OF THAT $18 TRILLION CAN BE TRACED BACK TO RONNIE/DUBYA TAX CUTS !!!

Lying asshole.

Oh sorry, Reagan's tax cuts brought in more revenues than otherwise the treasury would've received right? Lets try that for you, take a 20% reduction and see if you work more next year to make up for it? lol

 

[LeftofLeft]

Yeah...cut spending. We don't need shrimp running on treadmills or paying for stupidness to figure out why girls who are fat can't get dates...you twit.

Weird, I thought the GOP had most of Congress the past 20 years? Why didn't they cut the "waste" lol

I know, lets sign an agreement NOT to have a tax increase like 98% in Congress from GOP did right? After all, after Dubya/GOP gutted revenues to less than 15% of GDP (1950'S LEVEL) , WHILE they blew up spending with TWO UNFUNDED wars AND UNFUNDED MEDICARE EXPANSION THAT COST THIS DECADE, AS MUCH AS OBAMACARES THIS DECADE, WHICH IS 100% FUNDED!

Lying asshole......

LOVE how you refuted it with all the links to credible sources, lol

What do you consider credible sources? CBS Dan Rather or NBC Brian Williams? That kind of credible???

Lets see what YOU can come up with Bubba, I've done a pretty good job linking why I think the way I do, with REASONED, well thought out positions, you as typical of the rightie (see 2aguy above) just can't do more than "feelings"...

You link a lot and call other people out on what is credible.... Yet, according to what standards other than what lies between your ears.

 

[boedicca]

From: 10 Tax Questions the Candidates Don t Want You to Ask - 2 What the Flat Tax Taxes

Question. Incidentally, many, and perhaps most, Americans believe that a single, flat tax rate would be fairer than our system of progressive rates. So, you might ask, who would pay more income taxes, and who would pay less, if the only change to our income tax system were the adoption of a single, flat tax rate today that would generate as much revenue as is generated by our progressive rates? The single tax rate would have to be about 19% in a typical year.

Answer: Middle-income taxpayers would, on average, pay considerably more, and high-income taxpayers would pay considerably less. For people with taxable income in the $50,000 -$75,000, the tax rate on that income is, on average, about 13%. For people with between $2 million and $10 million of taxable income, the tax rate on that income is, on average, about 26%, nothwithstanding favorable tax rates on dividends and capital gains.

So if you’re in the solid middle class, your tax rate would be about 6 percentage points higher with a flat tax rate, while very high income households would enjoy a tax rate about 6 to 7 percentage points lower. Now what do you think?

Bullshit...10% of a million is more tha 10% of 100,000 so the millionaire automatically pays more to the government than the guy making 100,000 ....so sorry, your bullshit doesn't fly....a flat tax is the only fair way to tax people if you aren't filled with hate and envy of someone who makes more money than you...and that is at the core of the left...hate, jealousy, greed and envy...

Weird how SOOOOO many people here talk about "hate" and then show how it's REALLY done

80% of the population owns 5% of the wealth.

Who Rules America Wealth Income and Power

The middle class has been eviscerated. What middle class?

the middle class gets screwed by the politicians spending 18 trillion dollars, which eats up the money that could be used to create jobs......the politicians you want to give even more money to are the ones fucking up the economy...so why do you want to give them more money.......?


you said they just give that money to the rich right, dumb fuck? so why on earth would you want to give them more tax money...our money, so they can just give it to the rich? Please...explain how that works.....

DUMBFUK, MOST OF THAT $18 TRILLION CAN BE TRACED BACK TO RONNIE/DUBYA TAX CUTS !!!

You are a moron.

 

[SAYIT]

I think the rich should ABSOLUTELY pay more because the majority of them are selfish and don't care about anybody but themselves! Trust me, if you are a millionaire, it is NOT going to hurt you if you just pay a little more in taxes. I believe that if you are a good and righteous person, you would want to help the poor or people that are less fortunate. It's as simple as that! People need to stop being so selfish.

80% of all federal gov't revenue is derived from personal income taxes. The top 10% of American earners carry 70% of the tax load. The top 25% of all earners carry 86% of the load. What would satisfy you? 96%? 106%?

Oh ... and the bottom 49% of all earners pay NO FEDERAL INCOME TAX.
You get a free ride on the backs of everyone else.
Quit your whining and start earning.

 

[bripat9643]

The top 10% of wage earners in this country already pay over 70% of the collected income taxes in this country. If that's not enough, then how much more should they pay? 75%? 80%? 95%?

About 45% of our population pays no income tax at all. Maybe it's about time those on the bottom start paying their fare share for a change. And remember, the US is the most generous people in the entire world. We give more of our money to the so-called poor than anybody, and it's not those Wal-Mart people that are giving, it's those greedy millionaires you speak of.

Maybe you ought to look up how our graduated income tax works, and not worry so much about the very wealthy. Keep in mind they pay lawyers and elected officials to take care of themselves, they don't need you.

They must not be paying them enough because the wealthy still support this country with their taxation. They are still paying the lions share for the rest of us.

NONSENSE, they USED to pay MUCH more on MUCH less incomes however!!!

We have no evidence that your graph is based on actual credible statistics. Until you can demonstrate such, it's just so much horseshit.

Sorry, I forgot, I've provided credible links to EVERYTHING I post on this forum, whereas you rely on BS and right wing spin. Sorry


The richest 0.1 percent of the American population has rebuilt its share of wealth back to where it was in the Roaring Twenties. And the richest 0.01 percent’s share has grown even more rapidly, quadrupling since the eve of the Reagan Revolution.

Top Tenth of 1 Percenters Reaps All the Riches - Businessweek

The fact is that the government relies far more on the bottom 99 percent than the top 1 percent for federal income taxes

Beyond the 1 percent


Forget the top 1% — Look at the top 0.1%

Top 1% = $368,238 (20.9% of income)
Top 0.5% = $558,726 (16.8% of income)
Top 0.1% = $1,695,136 (10.3% of income)
Top 0.01% = $9,141,190 (5% of income)

What is the source of the data for your graph on the effective tax rates people were paying in 1960? Don't tell us it's the New York Times.

 

[ScienceRocks]

Since they use more resources like infrastructure, police and economic policies favor them..Well, I'd say fuck yes.

 

[bripat9643]

I think the rich should ABSOLUTELY pay more because the majority of them are selfish and don't care about anybody but themselves! Trust me, if you are a millionaire, it is NOT going to hurt you if you just pay a little more in taxes. I believe that if you are a good and righteous person, you would want to help the poor or people that are less fortunate. It's as simple as that! People need to stop being so selfish.

The top 10% of wage earners in this country already pay over 70% of the collected income taxes in this country. If that's not enough, then how much more should they pay? 75%? 80%? 95%?

About 45% of our population pays no income tax at all. Maybe it's about time those on the bottom start paying their fare share for a change. And remember, the US is the most generous people in the entire world. We give more of our money to the so-called poor than anybody, and it's not those Wal-Mart people that are giving, it's those greedy millionaires you speak of.

Seriously, how much money do you think increasing taxes on the poor will get you? That'll balance our budget? Maybe we could buy A tank. The people running Walmart manage to get out of quite a bit of taxes while paying their workers a low enough wage that taxpayers foot the bill for their food stamps.

1 in 4 corporations get out of paying taxes, so yeah tax the rich

Earlier on this thread I stated that a Flat Tax could be tiered and most Flat tax proposals do exactly that. Where the poor pay 0% or 1% into the system. So they wouldn't be paying Federal Taxes on most proposals. So how is 0% or 1% increasing the tax on the poor............

Now if you want to address the Tax Credits under the current system............then yes the savings to the Gov't would be over 200 Billion a year to these same people. As in the end their Federal Tax burden is 0%, but they get a check back anyway.......to the tune of thousands of dollars every year.

I call that what it is.............A Welfare Check every year without calling it one. Paying 0% is enough of a break................and if we were to write Welfare checks then do it outside of tax law. We have safety nets already in place for those needing assistance..............and 0% tax rates are enough already under the system.

The term "tiered flat tax" is an oxymoron.

 

[Mike473]

Being self employed, I just wish taxes were a little more reasonable. The self employment tax plus regular income tax is a killer. As more venture out to self employment, I am hoping this gets the more attention.

 

[bripat9643]

Since they use more resources like infrastructure, police and economic policies favor them..Well, I'd say fuck yes.

They use less police since they generally provide their own security. They pay for roads with gas taxes and ton/mile taxes exactly in proportion to how much of them they use. The same goes for any other "infrastructure" they use. So where's the excuse for charging them a higher rate on their income taxes?

 

[bripat9643]

Yes, and a "flat tax" would never work. For all of those bitching about the poor not paying taxes, they do, just not the specific federal tax, since they already have enough burden to worry about. You wonder why the rich pay most taxes? They hold most of the taxable income.

I've already stated that earlier in the thread..................They pay taxes on property, sales tax, and etc.............
Like the Gasoline tax to pay for our roads.................as another poster has already stated as well.

The simplified code ends the BS under the current system. It is too large for a reason............because the lobbies want the loop holes to avoid paying already. The flat tax would end those loop holes.............and make paying taxes simple...............

Exactly HOW IS THAT BAD.......Unless you think 0% isn't enough already under the Federal Tax rates.............and want to maintain a 200 BIllion a year Welfare system under the tax code without really calling it that..................

Progressive taxation and crack down on loop holes, like every other country.

We already have progressive taxation.

 

[bripat9643]

Yes, and a "flat tax" would never work. For all of those bitching about the poor not paying taxes, they do, just not the specific federal tax, since they already have enough burden to worry about. You wonder why the rich pay most taxes? They hold most of the taxable income.

I've already stated that earlier in the thread..................They pay taxes on property, sales tax, and etc.............
Like the Gasoline tax to pay for our roads.................as another poster has already stated as well.

The simplified code ends the BS under the current system. It is too large for a reason............because the lobbies want the loop holes to avoid paying already. The flat tax would end those loop holes.............and make paying taxes simple...............

Exactly HOW IS THAT BAD.......Unless you think 0% isn't enough already under the Federal Tax rates.............and want to maintain a 200 BIllion a year Welfare system under the tax code without really calling it that..................

Progressive taxation and crack down on loop holes, like every other country.

No, a flat tax with a 50 thousand dollar exemption for all people or a national sales tax are the two fairest ways to generate tax revenue. anything else is based in hate and greed.

Except anyone who understands basic math knows how much revenue would be lost, social programs would be mercilessly gutted.

Good.

 

[bripat9643]

Yes, and a "flat tax" would never work. For all of those bitching about the poor not paying taxes, they do, just not the specific federal tax, since they already have enough burden to worry about. You wonder why the rich pay most taxes? They hold most of the taxable income.

I've already stated that earlier in the thread..................They pay taxes on property, sales tax, and etc.............
Like the Gasoline tax to pay for our roads.................as another poster has already stated as well.

The simplified code ends the BS under the current system. It is too large for a reason............because the lobbies want the loop holes to avoid paying already. The flat tax would end those loop holes.............and make paying taxes simple...............

Exactly HOW IS THAT BAD.......Unless you think 0% isn't enough already under the Federal Tax rates.............and want to maintain a 200 BIllion a year Welfare system under the tax code without really calling it that..................

Progressive taxation and crack down on loop holes, like every other country.

No, a flat tax with a 50 thousand dollar exemption for all people or a national sales tax are the two fairest ways to generate tax revenue. anything else is based in hate and greed.

The FAIR tax is the only method that will get rid of the IRS.

 

[bripat9643]

First, Fuck you, only an asshole starts a rebuttal with such a stupid comment.

Yes, both parties solicit money, seems to be stupid for one party to take the high road and allow the other party to buy the elections. Even a bonehead understands that.

Take it up with the five members of SCOTUS who repealed campaign finance reform.

You have no idea how much high speed rail should cost.

Private sector contractors are culpable for cost overruns; many times government's hands are tied, do to the requirement to accept the low bid.

Fuck you back. You happy now.............
Both sides pander to the Lobbyist and both sides of the lobby pander to the rich.............The GOP doesn't own stock and barrel to the rich..............Your side has filthy rich types too you just try to avoid that side of the equation................When I hear the actors and other millionaires on your side yell tax the rich...............I simply laugh at them because many times they are much richer than the ones they are bitching about.

I will not discuss the high speed rail costs............as I addressed it on anther thread............Texas built one...........from Dallas to Houston for a fraction of the cost of the one from Los Angeles to San Fran Sicko...............and I'll top it off that only a NUT thinks that the Gov't does these projects cheaper................

To top it off you should have been using the money more wisely.................water is more important than the danged high speed rail.................You should have been building desalination plants and resevoirs instead.

Who funded the Houston to Dallas high speed rail?

A spur line will connect SF to LA, the main line is scheduled to go up the Central Valley from LA (later San Diego) to Sacramento. The air corridor between SF, SJ, OAK and LA is jam packed, rail will stimulate building of transit villages benefiting the economy of small towns and cities along the route and the movement of produce - which feeds much of the nation - will get to market without being trucked, saving fuel, tires going into the land fills and reducing grid lock on the highways.

Learn to think panoptically

Don't tell me: you actually believe this tripe!

And how much is this boondoggle going to cost? I've already seen estimates in excess of $25 billion. You could build 2 dozen "transit villages" for that much money.

 

[eagle1462010]

No, a flat tax with a 50 thousand dollar exemption for all people or a national sales tax are the two fairest ways to generate tax revenue. anything else is based in hate and greed.

Except anyone who understands basic math knows how much revenue would be lost, social programs would be mercilessly gutted.

BS...........the effective rates under the current system are far lower than the percentages of tax rates...........The massive tax codes have ensured that.....................The massive code is for loop holes and twisting of tax law to keep people from paying the rates and nothing more.

Instead of repeating right wing talking points, how about a CREDIBLE link to ANY flat tax plan that would work, and run Gov't? lol

I have done so before and did an analysis for the year 2012..........and the rate was 15% that I calculated to get a return on the system at 200 billion more than under the current system of taxation.

It was based off the IRS data for that year and the wage brackets directly from the IRS..............

It fell on deaf and dumb ears...........aka YOU...............who refuse to even consider it...........because you like the current BS system which is corrupt with fraud.

But liking fraud and abuse is expected of you.

Liar, no fukkn way you used MATH. Maybe conservative/GOP "math" but that's NOT reality!

TODAY the US gets 17%+ of GDP AND are running deficits, you saying gutting it to 15% AND giving the bottom making $50,000 or less a zero tax works? lol

Under my example it was 15% across the board not at 50k and I did it on the irs tax forms and individual filers which is not the whole dang tax system.

I only surveyed the income filed equation and not the business side Mr. Dumb Ass.

The Corp and business side of the equation wasn't in the bitch.

You don't want a simplified system. Which is what the hell I'm talking about.

Now give me a couple of cheers of TAX THE RICH TAX THE RICH..................break out your danged pom poms

 

[eagle1462010]

I think the rich should ABSOLUTELY pay more because the majority of them are selfish and don't care about anybody but themselves! Trust me, if you are a millionaire, it is NOT going to hurt you if you just pay a little more in taxes. I believe that if you are a good and righteous person, you would want to help the poor or people that are less fortunate. It's as simple as that! People need to stop being so selfish.

The top 10% of wage earners in this country already pay over 70% of the collected income taxes in this country. If that's not enough, then how much more should they pay? 75%? 80%? 95%?

About 45% of our population pays no income tax at all. Maybe it's about time those on the bottom start paying their fare share for a change. And remember, the US is the most generous people in the entire world. We give more of our money to the so-called poor than anybody, and it's not those Wal-Mart people that are giving, it's those greedy millionaires you speak of.

Seriously, how much money do you think increasing taxes on the poor will get you? That'll balance our budget? Maybe we could buy A tank. The people running Walmart manage to get out of quite a bit of taxes while paying their workers a low enough wage that taxpayers foot the bill for their food stamps.

1 in 4 corporations get out of paying taxes, so yeah tax the rich

Earlier on this thread I stated that a Flat Tax could be tiered and most Flat tax proposals do exactly that. Where the poor pay 0% or 1% into the system. So they wouldn't be paying Federal Taxes on most proposals. So how is 0% or 1% increasing the tax on the poor............

Now if you want to address the Tax Credits under the current system............then yes the savings to the Gov't would be over 200 Billion a year to these same people. As in the end their Federal Tax burden is 0%, but they get a check back anyway.......to the tune of thousands of dollars every year.

I call that what it is.............A Welfare Check every year without calling it one. Paying 0% is enough of a break................and if we were to write Welfare checks then do it outside of tax law. We have safety nets already in place for those needing assistance..............and 0% tax rates are enough already under the system.

The term "tiered flat tax" is an oxymoron.

Some of the proposals have done just that..................and it has a snow balls chance in hell to get passed unless it isn't that way.