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Oh, should everyone making over $x disregard the tax laws ?
Should they not take deductions and credits ?
They should pay their fair share. If they're not paying at least 40% I don't think their paying their fair share.
You have to stop thinking about it as all taxes go to welfare. That's not even close to the case. That's about as far from the truth as possible. Most of the taxes go to the military and to defense.
There's certain bills that we have to pay off as a country. The lower and middle class can't afford tax increases. The only group that can are the wealthy.
A lot of businesses will cease to exist. They aren't stupid. The reality of "Atlas Shrugged" may be upon us. I expect a lot of "rich" people will find shelters for their money. Many will just retire and sell off their business assets.
They can raise taxes all they want. If there is nothing to tax, then what?
There will always be something to tax. If CEO's start leaving the country I'd love it. Less competition.
Impose import taxes and make American manufacturers competitive again. Since the money would be flowing back into the US, everyone's quality of living improves.
Embrace the new America why work when the rich will pay us with food stamps healthcare and welfare to not work.This way there is more work for the rich so they can keep paying taxes so we can not work
I just may. If I quit my job when dh retires, our girls go to college for free. It may be the bargain.
I honestly don't think anyone should pay over 50% in taxes.
What we really need are loopholes and deductions to companies who pay more to employees than investors. Or to clarify, not necessarily more, but a set percentage.
For example, I'd love to get a tax break for paying my employees more. I'm not near the level of having investors or going public, but if I was, I'd love to have incentives to take care of my employees.
I pay my employees as 1099's because I can't afford to pay the insurance and for any benefits.
Some will call you indecent or greedy for not wanting to give your employees benefits.
You are giving them a job and a paycheck. I am happy for them and you.
I am assuming that you understand how taxing people that are job creators more will ultimately give this country more unemployment.
It needs to be advantageous to hire people. Those with money will find a way to keep it. They are not willing to lose money. There needs to win win situations.
Our economy and what people are calling for is win lose.
Some will call you indecent or greedy for not wanting to give your employees benefits.
You are giving them a job and a paycheck. I am happy for them and you.
I am assuming that you understand how taxing people that are job creators more will ultimately give this country more unemployment.
It needs to be advantageous to hire people. Those with money will find a way to keep it. They are not willing to lose money. There needs to win win situations.
Our economy and what people are calling for is win lose.
I wouldn't be in business if I didn't operate the way I do. My employees understand that and I bonus them when I'm able to.
My employees make more than I do I work a 2nd job to make ends meet and so do a lot of my employees (we're all Millenials).
I'd love to see a bill proposed that would reward employers who invest in their employees. There has to be some type of incentive for corporations to give their profits to employees rather than stockholders.
I honestly don't think anyone should pay over 50% in taxes.
What we really need are loopholes and deductions to companies who pay more to employees than investors. Or to clarify, not necessarily more, but a set percentage.
For example, I'd love to get a tax break for paying my employees more. I'm not near the level of having investors or going public, but if I was, I'd love to have incentives to take care of my employees.
I pay my employees as 1099's because I can't afford to pay the insurance and for any benefits.
I have this notion that employers should get a tax credit for the taxes paid by their employees on their wages and salaries.
So if you pay your employees well, you get a larger tax credit than if you pay them minimum wage.
It's one thing for a person making $9,500 a year not to pay any income tax,
Just because someone is poor, it shouldn't exempt them from paying a fair share as well.
Whether it be a flat tax or a national sales tax or the present tax system we have.
Why should the person making $9,500 a year not pay any income tax at the federal level.
Does not that person benefit from the same services (Defense, EPA, DOE, DHHS etc) as every
one else? Shouldn't they have skin in the game like everyone else?
How can they vote for congressional seats, presidential elections if they don't have
any financial responsibility for any of the programs Congress collects revenues for?
I prefer a national sales tax, as it's the most inclusive and equitable.
From the welfare recipient to the Millionaire, and anyone making money illegally - you'd pay.
To alleviate any claim that it's regressive, there could be exemptions for things like food, clothing and
pharmaceuticals.
They should pay their fair share. If they're not paying at least 40% I don't think their paying their fair share.
You have to stop thinking about it as all taxes go to welfare. That's not even close to the case. That's about as far from the truth as possible. Most of the taxes go to the military and to defense.
There's certain bills that we have to pay off as a country. The lower and middle class can't afford tax increases. The only group that can are the wealthy.
I never alluded that all taxes go to welfare.
Do you realize the AMT hits more middle class earners each year ?
Yes, that AMT that was supposed to get extra taxes from the rich has worked it's way to middle class incomes. The middle class get a stealth tax increase every year from AMT.
How come none of you are up in arms about that ? $30K is wealthy now to fall into AMT ?
Those amounts paid in AMT aren't exactly small potatoes.
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I work a 2nd job to make ends meet and so do a lot of my employees (we're all Millenials).
