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A lot people here think the rich don't pay enough tax even they are paying majority of the income tax. A lot people want to tax the rich even more and I see numbers as high as 90% tax rate being threw around.
So what are the social responsibilities of those who don't pay taxes? What are their contributions to the society? Obviously I am not talking about those disabled people, children or retired people.
A lot people here think the rich don't pay enough tax even they are paying majority of the income tax.
well, to be clear --
a lot of the people arguing for higher taxes on the "rich" are median-income, not poor.
furthermore a lot of people are not very informed (in my opinion) in how they define "rich." it is a function of net worth, not income; and certainly not taxable income. (Having a high taxable income doesn't make you rich)
Quote:
So what are the social responsibilities of those who don't pay taxes? What are their contributions to the society? Obviously I am not talking about those disabled people.
I don't understand your question because I'm unfamiliar with that term. What would be an example of a "social responsibility" ?
A lot people here think the rich don't pay enough tax even they are paying majority of the income tax. A lot people want to tax the rich even more and I see numbers as high as 90% tax rate being threw around.
So what are the social responsibilities of those who don't pay taxes? What are their contributions to the society? Obviously I am not talking about those disabled people, children or retired people.
Can you show who is paying "a majority" of their income in taxes?
Well, what do you want to gauge as social responsibility?
What are the social responsbilities of those who do pay taxes? Is there a minimum threashold?
What taxes do you mean when you say people don't pay taxes? People at least pay things like sales taxes.
The disabled, children, and retired people do things that are socially responsible. They also can pay taxes or not.
a lot of the people arguing for higher taxes on the "rich" are median-income, not poor.
furthermore a lot of people are not very informed (in my opinion) in how they define "rich." it is a function of net worth, not income; and certainly not taxable income. (Having a high taxable income doesn't make you rich)
I don't understand your question because I'm unfamiliar with that term. What would be an example of a "social responsibility" ?
Let's just use Obama's definition: income over $250K/year.
As for the question 2, I don't know the answer either. Please ask those who want to raise taxes on other people.
Expected reply: "But they don't, they don't pay taxes!"
My reply: Yes, they do. They pay sales taxes, property taxes (if they own property), payroll taxes, fees, and more. There should be no obligation to pay tax on income you need to get buy. So, everyone's social responsibility is to pay tax on income above what is needed to pay for basic necessities.
A lot people here think the rich don't pay enough tax even they are paying majority of the income tax. A lot people want to tax the rich even more and I see numbers as high as 90% tax rate being threw around.
So what are the social responsibilities of those who don't pay taxes? What are their contributions to the society? Obviously I am not talking about those disabled people, children or retired people.
You need to rephrase the question. What should be required from those that don't pay taxes and get the same protections from government that those that pay the taxes that provide those protections?
Should your ability to access social services be prorated based on taxes paid?
I think it is a mistake not to make everyone pay some taxes. The minimum should be at last $1 per week. Free rides give some a warped view of the world while many pay more than they should have too. It is crazy to give money to people who pay nothing. And we are borrowing money from China to do this. Destroying our country giving to those who have proved they do not know how to manage what they have. Soup kitchens, yes; handing out drug money, no.
Its a reference to the 1950's era where the highest rate was in fact 90%....and through the use of loopholes etc was actually about a 44% rate. Our current rich seem to be just as adept at it, so a 90% tax rate would probably end up being about a 44% effective rate.
But yes 90% DOES get mentioned. when it does the right screams about how thats not what was actually paid, blah blah blah. Ignoring the fact that even at a 44% effective rate our country was doing great.
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