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People work hard all their lives, build up their business or nest egg, make the correct decisions to get ahead in life - and those that are not as successful feel that they are somehow entitled to "spread the wealth" of others to themselves.
Remarkably, the share of the tax burden borne by the top 1 percent now exceeds the share paid by the bottom 95 percent of taxpayers combined. In 2007, the bottom 95 percent paid 39.4 percent of the income tax burden. This is down from the 58 percent of the total income tax burden they paid twenty years ago.Mod cut-for rest of story and graph, see link
Can any of the wealth redistributionists explain the thinking? Those that think they have a "right" to a piece of someone else's pie, can you explain?
Last edited by Reads2MUCH; 08-01-2009 at 12:32 PM..
The top 1% has NEVER stopped themselves from buying "essential items to live" (food, gasoline, etc) to pay for taxes.
I bet a lot of poor people have had to do that.
You mean the poor with their 3 TV's, cell phones, cable and $150 basketball shoes?
Really though, what does that have to do with the question of fairness in taxation?
You know, I imagine a lot of you on this board, when you become successful and start building that nest egg and a comfortable lifestyle for you and your family, your attitude will change dramatically when it comes to paying draconian taxes.
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Quote:
Originally Posted by sanrene
Now, how can anyone deem this "fair".
People work hard all their lives, build up their business or nest egg, make the correct decisions to get ahead in life - and those that are not as successful feel that they are somehow entitled to "spread the wealth" of others to themselves.
The top 1% has NEVER stopped themselves from buying "essential items to live" (food, gasoline, etc) to pay for taxes.
I bet a lot of poor people have had to do that.
We have have percentage of tax burden, WHERE is the percentage of income?
Without that it's just more meaningless NeoConfused drivel
Close to 40% of Americans do not pay any income tax so that should give you an idea of their income. Of course they'd be in favor of increased taxes because it has no effect on them. Some of them actually "net" from income taxes due to credits so they get back more than they have paid over the course of a year.
Close to 40% of Americans do not pay any income tax so that should give you an idea of their income. Of course they'd be in favor of increased taxes because it has no effect on them. Some of them actually "net" from income taxes due to credits so they get back more than they have paid over the course of a year.
Tax reform is necessary and everyone who earns money needs to pay into the system. No exceptions.
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