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why not instead of discriminating...which what a graduated tax is..why not tax EVERYONE the same..are we not all created equal? shouldn't we be taxed equally?
My "fair share" comment didn't mean that a rich person should pay the same as what a couple on 60k would pay. I'm talking about something based on percentage of income, also things like not having higher tax rates on income versus lower rates wealth/capital. That's why so many CEO types take a small yearly pay and have all their money in stocks to get the much lower tax rates. Those types of things.
I get that the more people make by sheer math the more you should pay. I just don't think it's fair that if you make 10 million dollars your tax rates jumps up to 70%, yeah, I get it's marginal or graduated but whatever.
The top 10% earners pay 70.88% of the total tax collected. If you wanted everyone to pay the same percent of income, it would probably have to be 25% or 30%. A person earning $30,000 can't survive if they have to pay $7,500 or $9,000 income tax plus payroll taxes, how would you address that?
The top 10% earners pay 70.88% of the total tax collected. If you wanted everyone to pay the same percent of income, it would probably have to be 25% or 30%. A person earning $30,000 can't survive if they have to pay $7,500 or $9,000 plus payroll taxes, how would you address that?
That's where the fair share kicks in, I don't claim to know all of the details, just loosely saying we need to pay our fair share, how ever the math works out.
Every American would have to pay $12,000/year in taxes for everyone to pay the same dollar amount. That would mean an effective rate of 40% or higher for the median earner, and where would children come up with their $12,000 every year? Would that mean that a family with 3 kids, that each parent would have to pay $30,000/year (which would be $60,000 for the household)? That is the median individual income in this country
Well, wouldn't the obvious solution be to cut the hell out of government? Get rid of SSI, the Dept of Education, the NEA, NPR, antiquated subsidies, welfare, SS, food stamps? Just have the government for the two things it was intended for: to protect the safety of Americans; and infrastructure. But to do that, you have to get rid of the left, because they are all about big government.
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
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Quote:
Originally Posted by Cheesemont
Well, wouldn't the obvious solution be to cut the hell out of government? Get rid of SSI, the Dept of Education, the NEA, NPR, antiquated subsidies, welfare, SS, food stamps? Just have the government for the two things it was intended for: to protect the safety of Americans; and infrastructure. But to do that, you have to get rid of the left, because they are all about big government.
No, it wouldn't. Those things you mentioned are popular and aren't going anywhere. Especially social security and food stamps
That's where the fair share kicks in, I don't claim to know all of the details, just loosely saying we need to pay our fair share, how ever the math works out.
That's nuts and you know it. You want working people to sleep in their cars so the filthy rich can buy a spare yacht?
Well, wouldn't the obvious solution be to cut the hell out of government? Get rid of SSI, the Dept of Education, the NEA, NPR, antiquated subsidies, welfare, SS, food stamps? Just have the government for the two things it was intended for: to protect the safety of Americans; and infrastructure. But to do that, you have to get rid of the left, because they are all about big government.
What an obtuse generic bot-like post that sounds as if it came directly from the basement of the Kremlin.
I don't think she is. She's got weird eyes and big squirrel teeth.
How Christian of you.
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