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My cousin works at a tax place and he tels me folks with big money seem to always be more bitter when they find out they have to pay more. Not aure what the proportion is. But is jt really crippling?
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
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Quote:
Originally Posted by Chicano3000X
My cousin works at a tax place and he tels me folks with big money seem to always be more bitter when they find out they have to pay more. Not aure what the proportion is. But is jt really crippling?
It irks me. I've had to pay more tax every year as I continue to increase my income and I don't complain
Some people are just plain greedy and too lazy to understand the fundamentals upon which are Country was founded. Your cousin should ask the wealthy whiners if they have ever read Thomas Paine. Bet they haven't even heard of Thomas Paine.
Just for example, take the case of a hard working entrepreneur who manages to pull off his very own rags to riches story. Good for him! Does he deserve all that extra money he earns? Sure he does! Should he pay higher taxes on his high income? You bet!
No man is an island. Our hypothetical entrepreneur benefits from one of the finest educational systems in the world. He learned his skills at publicly funded schools and colleges. If a working class person with big dreams had to pay private tuition to learn vital skills, it's much less likely that she'll pull that off. Same goes for the highly trained workforce that she needs to hire to run her electronic wizardry factory. Skilled workers trained in public schools and vo-tech programs are a wonderful resource for the companies who need employees with know-how. What about transporting those wizardry widgets from factory to market? Our entrepreneur benefits from the US tax payer funded Interstate system which extends to almost every town over a certain size in this country. If the widget factory had to pay to build its own private road system, its share holders would go through the roof. You can give many more examples, I'm sure.
The wealthy benefit from living in our democracy with all its benefits funded via our taxes. Why shouldn't those who have benefited the most pay a little more in taxes? That's only fair play.
So someone that does well and makes more money than the year before, continues to climb the ladder, maybe even continues their education, and likely sacrifices time away from their personal life and families shouldn’t question why more money is taken away from them at the end of the year?
I don’t think anyone should feel guilty for accumulating wealth and wanting to keep more of it. Most of the time in my experience it results from hard work and sacrifice. I have to admit it’s a little deflating to work your —- off and get a nice bonus because of it only to have it whacked pretty good by taxes
I don’t know what your definition of big money is personally I’ve never felt crippled although I have expenses just like anyone else maybe larger expenses in regard to student loans.
The only truly fair tax system would have every citizen paying the same flat amount. Barring that, everyone paying the same percentage. 10% of $10,000 is $1,000. 10% of $300,000 is $30,000, so those earning more are still paying more. The progressive system is both unfair and criminal.
When half the country pays nothing in taxes... yeah, I can see a problem with that.
They get to vote for higher taxes, and they don't pay.
They vote for taxes that other people pay.
Why wouldn't they have a problem with that?
How do students feel when there's a group project - and one person does 90% percent of the work. The worker feels salty. The freeloaders say that the project went well.
Does a person who pays twice as much tax as another receive twice as much benefit?
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