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Why are you pretending the income tax is the only tax that exists?
Sales tax
Property tax
Gas tax
Auto excise taxes
Sin taxes
Licenses
Every single one of them a regressive tax
Cities and states collect their own taxes. You think every dollar goes to the Fed ?
Each group taxes but doesn't share with the other. So paying your property taxes does nothing to the Fed's coffers.
Jack...you have a comprehension problem...Wealthy Americans earn about 50 percent of all income but pay nearly 70 percent of the federal tax burden...this is certainly outsized. We understand the economy's pitiful performance is making the progressives nervous that their man might not be reelected. We understand the stress that would make you call someone a liar. It can't be helped if the pressure of the evaporating dream of total redistribution is causing you to be anxious. But, do try to act like a man, and not an immature boy.
Errr, If you earn more money, your tax rate is higher. The wealthy would pay a larger tax rate on a larger amount of income. So, the idea that those that earn 50% of all income, would pay 70% of taxes is in keeping with what a progressive tax system does.
You are welcome to your opinion, however, please define "rich".
It does not need to be defined
Do you really think there's some magic number? That once you reach that number you're rich? Rich is a relative term and that's how it's being used here.
If I say that Peyton Manning is big are you going to demand that I define big?
Errr, If you earn more money, your tax rate is higher. The wealthy would pay a larger tax rate on a larger amount of income. So, the idea that those that earn 50% of all income, would pay 70% of taxes is in keeping with what a progressive tax system does.
Yeah but this "tax the rich" mantra isn't happy with the current scheme. You want them to pay 90% perhaps ?
Do you really think there's some magic number? That once you reach that number you're rich? Rich is a relative term and that's how it's being used here.
If I say that Peyton Manning is big are you going to demand that I define big?
Obama says it's $250K per year. That is the magic number to be rich.
Do you really think there's some magic number? That once you reach that number you're rich? Rich is a relative term and that's how it's being used here.
If I say that Peyton Manning is big are you going to demand that I define big?
Please, do not interpret my comments as demanding anything from you. If you are unwilling or unable to answer please do not feel it neccessary to do so.
I think you are trying to make a point that the "rich" are not paying more in taxes than the "poor" but you are unable to define either.
Yeah but this "tax the rich" mantra isn't happy with the current scheme. You want them to pay 90% perhaps ?
I think the tax rates should go up, maybe even higher than when Clinton was Prez. But mostly, I think the 47% who pay no income tax, should be allowed to earn enough to have a tax bill.
I think the tax rates should go up, maybe even higher than when Clinton was Prez. But mostly, I think the 47% who pay no income tax, should be allowed to earn enough to have a tax bill.
The only ones stopping them from "being allowed" to earn more is themselves.
A HS dropout working at wallymart is not going to make it far in life. And they have no one but themselves to blame.
I think the tax rates should go up, maybe even higher than when Clinton was Prez. But mostly, I think the 47% who pay no income tax, should be allowed to earn enough to have a tax bill.
How much should that amount be?
In what ways are people not allowed to earn that amount today?
Who or what is not allowing?
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