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

[SAYIT]

The rich use more to the wear on our infrastructure. Why shouldn't they pay more to maintain what they use???

Honestly.

One more time: The bottom 49% contribute NOTHING towards our collective federal income tax burden yet have the same access to our infrastructure as those who do pay. How is that "fair?"

 

[Uncensored2008]

You'll prove it? You don't know what MP earned or paid in taxes, no idea how the flat tax would be structured and what would be the rate yet you can prove something?

Hey, this is the "telecommunications mogul" who doesn't know what a CLEC is..

 

[SAYIT]

Yeah, it was the "poor and middle class" whose taxes were cut *shaking head*

EFFECTIVE tax rates

Dumb2three, you're a lying Commie fuck.

Look, I realize you're just a Soros hate drone, but less that 10% of the shit you spew has any basis in fact.

Soros thinks it clever to graph tax cuts in dollars, rather than percent.

It isn't clever, it just fucking lying.

"Soros thinks it clever to graph tax cuts in dollars, rather than percent."


lol


EFFECTIVE tax rates

Your charts show that the richest pay a higher rate than the middle class.
So were you lying before or are you just stupid?

Both.

 

[SAYIT]

Wait ... you're saying people pay taxes willingly, even eagerly, free from threat of draconian gov't sanctions enforced at gunpoint? Really?
Stop lying.

Shouldn't you pay taxes to support your own way. Everyone pays taxes.

I see comprehension isn't your strong suit. That would explain your loony leftism.
BTW, didn't you once claim you "earn" millions yet pay no income tax?

 

[OnePercenter]

I dont care if it screws me, I just want it to screw those that are bitching about others not paying their fair share while they sit back and pay nothing.

You don't care if something you support screws you? WOW!

 

[OnePercenter]

You'll prove it? You don't know what MP earned or paid in taxes, no idea how the flat tax would be structured and what would be the rate yet you can prove something?

So tell us, what percentage of total income did you pay in federal tax for 2014?

Federal tax ÷ total income=?

 

[OnePercenter]

One more time: The bottom 49% pay NOTHING towards our collective federal income tax burden yet have the same access to our infrastructure as those who do pay. How is that "fair?"

They don't have any money.

If you want that to change;

-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2015 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 500 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

 

[Maryland Patriot]

You'll prove it? You don't know what MP earned or paid in taxes, no idea how the flat tax would be structured and what would be the rate yet you can prove something?

So tell us, what percentage of total income did you pay in federal tax for 2014?

Federal tax ÷ total income=?

pretty personal question dont you think. And, if they answer less than 25%, you tell them it will screw them, if they answer more than 25%, you tell them they are lying.
So tell me, what purpose does it serve for anyone to tell you anything?
Personally, I think that if EVERYONE paid the same percentage, the over all percentage would be less than some already pay, the big losers would be the leaches on the bottom of the food chain.
Im good with that.
besides, how much is it worth percentage wise, not to have to itemize and work through a few hundred thousand pages of tax code.
wouldnt take long before the tax rate could start to come down.
Im all for a flat tax rate with no exceptions.

 

[Maryland Patriot]

One more time: The bottom 49% pay NOTHING towards our collective federal income tax burden yet have the same access to our infrastructure as those who do pay. How is that "fair?"

They don't have any money.

If you want that to change;

-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2015 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 500 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

this is an idiot plan that would cost thousands of jobs and create a serious problem in this countries finances. and the free loaders still get a free ride.
again, everyone else paying is fine as long as its not you.

 

[SAYIT]

You'll prove it? You don't know what MP earned or paid in taxes, no idea how the flat tax would be structured and what would be the rate yet you can prove something?

So tell us, what percentage of total income did you pay in federal tax for 2014?
Federal tax ÷ total income=?

Lemme go look that up.

 

[SAYIT]

One more time: The bottom 49% pay NOTHING towards our collective federal income tax burden yet have the same access to our infrastructure as those who do pay. How is that "fair?"

They don't have any money...

Irrelevant.
The claim to which I responded - as ridiculous as it was - is that the rich make greater use of our infrastructure than the poor. I simply pointed out that the poor pay NOTHING for it ... that they get a FREE RIDE on the backs of those who do pay federal income tax.

 

[boedicca]

One more time: The bottom 49% pay NOTHING towards our collective federal income tax burden yet have the same access to our infrastructure as those who do pay. How is that "fair?"

They don't have any money.

If you want that to change;

-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2015 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 500 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

What a bunch of financially illiterate CRAP.

A 30% tax on corporate REVENUE? Grocery stores operate on 2-3% profit margins. So, either they increase prices 30% to cover this tax burden, or they go out of business. The neighborhoods most affected will be in POOR areas.

Your plan, quite ironically and likely intentionally, makes your Dreaded INEQUALITY worse. But that is the aim of Socialism - to benefit The Very Rich at the expense of the poor and the middle class.

 

[SAYIT]

One more time: The bottom 49% pay NOTHING towards our collective federal income tax burden yet have the same access to our infrastructure as those who do pay. How is that "fair?"

They don't have any money.

If you want that to change;

-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2015 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 500 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

What a bunch of financially illiterate CRAP.

A 30% tax on corporate REVENUE? Grocery stores operate on 2-3% profit margins. So, either they increase prices 30% to cover this tax burden, or they go out of business. The neighborhoods most affected will be in POOR areas.

Your plan, quite ironically and likely intentionally, makes your Dreaded INEQUALITY worse. But that is the aim of Socialism - to benefit The Very Rich at the expense of the poor and the middle class.

Loony lefties like 1% have a broken gene. They cannot grasp the idea that businesses simply pass the cost of taxes - as they do sales taxes - on to the consumer in the form of higher prices for goods and services. Ironically, the same loony leftists whine incessantly that sales taxes are an unfair burden on the poor yet continue to bang the drum for higher biz taxes. Their stupidity is stupefying.

 

[Toddsterpatriot]

One more time: The bottom 49% pay NOTHING towards our collective federal income tax burden yet have the same access to our infrastructure as those who do pay. How is that "fair?"

They don't have any money.

If you want that to change;

-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2015 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 500 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2015 rise in food, shelter, and transportation.

Still lying about inflation.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

Can't be done, and holding prices constant doesn't eliminate inflation, moron.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

Can't prevent people from investing offshore.

-Make inversion illegal.

Same outcome when foreign firms buy US firms. You gonna prevent that too?

 

[Vermonter]

I keep reading where all those on the left believe taxing the rich is a good thing as it will "help the Middle Class".

Can someone please explain to me just how that works? I just don't seem to understand how the Government taking more money from the top group helps the middle group.

 

[Toddsterpatriot]

One more time: The bottom 49% pay NOTHING towards our collective federal income tax burden yet have the same access to our infrastructure as those who do pay. How is that "fair?"

They don't have any money.

If you want that to change;

-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2015 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 500 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

What a bunch of financially illiterate CRAP.

A 30% tax on corporate REVENUE? Grocery stores operate on 2-3% profit margins. So, either they increase prices 30% to cover this tax burden, or they go out of business. The neighborhoods most affected will be in POOR areas.

Your plan, quite ironically and likely intentionally, makes your Dreaded INEQUALITY worse. But that is the aim of Socialism - to benefit The Very Rich at the expense of the poor and the middle class.

A 30% tax on corporate REVENUE? Grocery stores operate on 2-3% profit margins. So, either they increase prices 30% to cover this tax burden, or they go out of business.


His idiotic plan also involves giving corporations their wage expenses back as a refundable tax credit.
A grocery store with $1,000,000 in sales, $500,000 COGS, $100,000 in rent and $370,000 in wage expenses currently has a $30,000 profit.

He'd tax them $300,000 and at least double their wages to $740,000.
Then he'd give them back the $740,000.
So now we have $1,000,000 in sales, $600,000 in non-deductible expenses and $300,000 in taxes. $100,000 profit.
I wonder if I owned the store, could I raise my salary by $100,000 and get an extra $100,000 tax credit?
I guess I can pay my family members $100,000 each. No, I'd make it $200,000 each.
What could go wrong?

 

[David_42]

I'd be happy to offer my perspective.
It is obvious that there is a problem that has been growing for decades, in regards to inequality, and it's not just in America.

"Despite huge advancements in technology and productivity, millions of Americans are working longer hours for lower wages. The real median income of male workers is $783 less than it was 42 years ago; while the real median income of female workers is over $1,300 less than it was in 2007. That is unacceptable and that has got to change."

AS PRESIDENT, SENATOR BERNIE SANDERS WILL REDUCE INCOME AND WEALTH INEQUALITY BY:

1. Demanding that the wealthy and large corporations pay their fair share in taxes. As President, Sen. Sanders will stop corporations from shifting their profits and jobs overseas to avoid paying U.S. income taxes. He will create a progressive estate tax on the top 0.3 percent of Americans who inherit more than $3.5 million. He will also enact a tax on Wall Street speculators who caused millions of Americans to lose their jobs, homes, and life savings.
2. Increasing the federal minimum wage from $7.25 to $15 an hour by 2020. In the year 2015, no one who works 40 hours a week should be living in poverty.
3. Putting at least 13 million Americans to work by investing $1 trillion over five years rebuilding our crumbling roads, bridges, railways, airports, public transit systems, ports, dams, wastewater plants, and other infrastructure needs.
4. Reversing trade policies like NAFTA, CAFTA, and PNTR with China that have driven down wages and caused the loss of millions of jobs. If corporate America wants us to buy their products they need to manufacture those products in this country, not in China or other low-wage countries.
5. Creating 1 million jobs for disadvantaged young Americans by investing $5.5 billion in a youth jobs program. Today, the youth unemployment rate is off the charts. We have got to end this tragedy by making sure teenagers and young adults have the jobs they need to move up the economic ladder.
6. Fighting for pay equity by signing the Paycheck Fairness Act into law. It is an outrage that women earn just 78 cents for every dollar a man earns.
7. Making tuition free at public colleges and universities throughout America. Everyone in this country who studies hard should be able to go to college regardless of income.
8. Expanding Social Security by lifting the cap on taxable income above $250,000. At a time when the senior poverty rate is going up, we have got to make sure that every American can retire with dignity and respect.
9. Guaranteeing healthcare as a right of citizenship by enacting a Medicare for all single-payer healthcare system. It’s time for the U.S. to join every major industrialized country on earth and provide universal healthcare to all.
10. Requiring employers to provide at least 12 weeks of paid family and medical leave; two weeks of paid vacation; and 7 days of paid sick days. Real family values are about making sure that parents have the time they need to bond with their babies and take care of their children and relatives when they get ill.
11. Enacting a universal childcare and prekindergarten program. Every psychologist understands that the most formative years for a human being is from the ages 0-4. We have got to make sure every family in America has the opportunity to send their kids to a high quality childcare and pre-K program.
12. Making it easier for workers to join unions by fighting for the Employee Free Choice Act. One of the most significant reasons for the 40-year decline in the middle class is that the rights of workers to collectively bargain for better wages and benefits have been severely undermined.
13. Breaking up huge financial institutions so that they are no longer too big to fail. Seven years ago, the taxpayers of this country bailed out Wall Street because they were too big to fail. Yet, 3 out of the 4 largest financial institutions are 80 percent bigger today than before we bailed them out. Sen. Sanders has introduced legislation to break these banks up. As President, he will fight to sign this legislation into law.

 

[LeftofLeft]

I'd be happy to offer my perspective.
It is obvious that there is a problem that has been growing for decades, in regards to inequality, and it's not just in America.

"Despite huge advancements in technology and productivity, millions of Americans are working longer hours for lower wages. The real median income of male workers is $783 less than it was 42 years ago; while the real median income of female workers is over $1,300 less than it was in 2007. That is unacceptable and that has got to change."

AS PRESIDENT, SENATOR BERNIE SANDERS WILL REDUCE INCOME AND WEALTH INEQUALITY BY:

1. 
   
   
   • Demanding that the wealthy and large corporations pay their fair share in taxes. As President, Sen. Sanders will stop corporations from shifting their profits and jobs overseas to avoid paying U.S. income taxes. He will create a progressive estate tax on the top 0.3 percent of Americans who inherit more than $3.5 million. He will also enact a tax on Wall Street speculators who caused millions of Americans to lose their jobs, homes, and life savings.
   • Increasing the federal minimum wage from $7.25 to $15 an hour by 2020. In the year 2015, no one who works 40 hours a week should be living in poverty.
   • Putting at least 13 million Americans to work by investing $1 trillion over five years rebuilding our crumbling roads, bridges, railways, airports, public transit systems, ports, dams, wastewater plants, and other infrastructure needs.
   • Reversing trade policies like NAFTA, CAFTA, and PNTR with China that have driven down wages and caused the loss of millions of jobs. If corporate America wants us to buy their products they need to manufacture those products in this country, not in China or other low-wage countries.
   • Creating 1 million jobs for disadvantaged young Americans by investing $5.5 billion in a youth jobs program. Today, the youth unemployment rate is off the charts. We have got to end this tragedy by making sure teenagers and young adults have the jobs they need to move up the economic ladder.
   • Fighting for pay equity by signing the Paycheck Fairness Act into law. It is an outrage that women earn just 78 cents for every dollar a man earns.
   • Making tuition free at public colleges and universities throughout America. Everyone in this country who studies hard should be able to go to college regardless of income.
   • Expanding Social Security by lifting the cap on taxable income above $250,000. At a time when the senior poverty rate is going up, we have got to make sure that every American can retire with dignity and respect.
   • Guaranteeing healthcare as a right of citizenship by enacting a Medicare for all single-payer healthcare system. It’s time for the U.S. to join every major industrialized country on earth and provide universal healthcare to all.
   • Requiring employers to provide at least 12 weeks of paid family and medical leave; two weeks of paid vacation; and 7 days of paid sick days. Real family values are about making sure that parents have the time they need to bond with their babies and take care of their children and relatives when they get ill.
   • Enacting a universal childcare and prekindergarten program. Every psychologist understands that the most formative years for a human being is from the ages 0-4. We have got to make sure every family in America has the opportunity to send their kids to a high quality childcare and pre-K program.
   • Making it easier for workers to join unions by fighting for the Employee Free Choice Act. One of the most significant reasons for the 40-year decline in the middle class is that the rights of workers to collectively bargain for better wages and benefits have been severely undermined.
   • Breaking up huge financial institutions so that they are no longer too big to fail. Seven years ago, the taxpayers of this country bailed out Wall Street because they were too big to fail. Yet, 3 out of the 4 largest financial institutions are 80 percent bigger today than before we bailed them out. Sen. Sanders has introduced legislation to break these banks up. As President, he will fight to sign this legislation into law.

 

[Dad2three]

Wishful thinking. Or as I call it, the current state of right wing "reality"

Wishful thinking is your claim that Reagan screwed workers with a huge hike in the payroll tax rate.
I've noticed you still haven't posted the numbers.
Why is that?

Sure I did Bubba, he increases SS taxes 60%, he doubled the self employed *SMALL BIZ OWNER)SS taxes!

Sure I did Bubba, he increases SS taxes 60%,

I'm interested in how much he increased SS rates. Why don't you tell me?

Why Bubs? You THAT ignorant you can't figure out increasing SS REVENUES by 60% (he "borrowed" to hide the costs of tax cuts for the rich) IS a tax increase???

You don't think he raised the rates by 60%, do you?

I'm interested in how much he increased SS rates. Why don't you tell me?

Still want o play on the edge and NEVER bring ANYTHING to the discussion huh Bubs?

 

[Dad2three]

As a result of a pair of rate cuts, first under President Bill Clinton and then under Bush, most of the richest Americans pay lower overall tax rates than middle-class Americans do. And this is one reason the gap between the wealthy and the rest of the country is widening dramatically.


Capital gains tax rates benefiting wealthy are protected by both parties

most of the richest Americans pay lower overall tax rates than middle-class Americans do.

It's weird that they don't give the income levels for the "richest" or "middle class" in their claim.
Why is that?

Go figure it out Bubs? lol;

Figure out the fake numbers your stupid source used? LOL!

Go figure you can't even use conservative "math" to figure it out. I'm shocked