Only 6% of American consider the deficit most important. (salaries, millionaires, free speech)
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The wealthy already pay the lions share of taxes in this country.
That's because they take in the lion's share of income and therefore, the rich are not an oppressed group as some may suggest.
But I see the trick of saying "taxes", as a proxy for “income taxes”. Most Americans pay more payroll than income taxes, but the reverse is true at high incomes. So focusing only on income taxes makes it seem as if the rich pay much more of the burden than they really do.
The Tax Policy Center answers what effect a change in taxes would have on after-tax income, other things equal. Here’s what I get for changes from 1979 to 2005:
Changes in tax rates have strongly favored the uber-rich.
It's undeniable that tax policy has very much leaned into that growing inequality, not against it.
That's because they take in the lion's share of income and therefore, the rich are not an oppressed group as some may suggest.
But I see the trick of saying "taxes", as a proxy for “income taxes”. Most Americans pay more payroll than income taxes, but the reverse is true at high incomes. So focusing only on income taxes makes it seem as if the rich pay much more of the burden than they really do.
The Tax Policy Center answers what effect a change in taxes would have on after-tax income, other things equal. Here’s what I get for changes from 1979 to 2005:
Changes in tax rates have strongly favored the uber-rich.
It's undeniable that tax policy has very much leaned into that growing inequality, not against it.
I have a hard time saying changes in tax rates 'favor the uber-rich' when you are completely ignoring the fact that the top 1% already pay a much higher percentage. I do not believe a person should pay a greater percentage simply because they make more money. Recent tax policy is attempting to make taxes fair again, instead of wrongly asking the rich to pay a bigger percentage than everyone else. Also, please give me the study and methodology behind that graph. I would like to look at the calculations.
I agree that tax policy has leaned towards growing inequality. Tax policy forces a person to pay a greater percentage as they make more money. Talk about inequality!
Equality in tax policy would be for everyone to pay a flat percentage rate in taxes.
I have a hard time saying changes in tax rates 'favor the uber-rich' when you are completely ignoring the fact that the top 1% already pay a much higher percentage. I do not believe a person should pay a greater percentage simply because they make more money.
I do. And it doesn't surprise me that even Adam Smith thought that the rich can contribute to such causes in a greater proportion of their incomes than the poor.
All you're pushing for is to punish those who make less. There is no other explanation to your position.
I do. And it doesn't surprise me that even Adam Smith thought that the rich can contribute to such causes in a greater proportion of their incomes than the poor.
All you're pushing for is to punish those who make less. There is no other explanation to your position.
So you disagree that equality means everyone pays the same percentage?
I am pushing for people taking responsibility for their own lives, instead of leeching off of the people who actually put in enough effort to be successful.
That's because they take in the lion's share of income and therefore, the rich are not an oppressed group as some may suggest.
But I see the trick of saying "taxes", as a proxy for “income taxes”. Most Americans pay more payroll than income taxes, but the reverse is true at high incomes. So focusing only on income taxes makes it seem as if the rich pay much more of the burden than they really do.
The Tax Policy Center answers what effect a change in taxes would have on after-tax income, other things equal. Here’s what I get for changes from 1979 to 2005:
Changes in tax rates have strongly favored the uber-rich.
It's undeniable that tax policy has very much leaned into that growing inequality, not against it.
Since 99% of the wealth is basically tied up in some form of real estate, mineral rights, monopoly and basically all kinds of absenteeism-income streams, all those taxes are paid with unearned income. Taxing that does not get me all choked up with compassion.
I read your book. Next time I will rent the cliffnotes. A real fear of many americans is the fear that they will be living in the streets. I know there is a disconnect between the Republican congress and these people, who knew?
So your rebuttal is basically "tl;dr LOL"?
At least you live up to your screen name. Only hot air and no substance.
So you disagree that equality means everyone pays the same percentage?
Yes. My idea of equality utilizes the fundamental premise of burden on an individual and it requires an understanding of incomes and spending as a percentage of the incomes.
Quote:
I am pushing for people taking responsibility for their own lives, instead of leeching off of the people who actually put in enough effort to be successful.
A lot of assumptions and being judgmental is the driver of your whims. It has nothing to do with the realities. And you proved my point... that it is all about punishing those who make less ("the leeches" in your dictionary).
Not surprising the most important thing to Americans is Jobs, but congress still seems to be focused on deficit. That could explain why their approval ratings are so low.
That is not good news, that is just one example of how bad things have gotten in this country.
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