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Should wealthy Americans--wealthy businesspeople, doctors, scientists, high paid professors, high paid journalists and radio hosts, athletes, sports owners, etc. owe the 99 percent of Americans something?
Should they? I think that is a moral issue, and I think they should. Perhaps not always financial, but they should give something back to the world that has allowed them to become so wealthy. This is a philosophical discussion for me. As someone who is not that wealthy, I give back as much as I can. I set aside what I need to live, a bit for savings, and the rest goes to others. I realize this isn't what everyone does.
Now should this be mandated? No, I don't think so. I do believe everyone who has the means should, however. Just as I believe we should always do what is right (even if most of those things are not mandated or legally-binding - for example, I think it is wrong to cheat on your spouse (assuming it is a traditional monogamous relationship), but it is not illegal to do so).
The wealthy do pay more in taxes (something I agree with), so even if they don't give back willingly, they still do so through the paying of their taxes.
No, we live in a global economy the rich will just get up and leave and take their capital and productive capacity with them if you over tax them. For example, If you're going to employ more than 30 people or something like that Puerto Rico charges no income tax for people who move their from the US. Singapore has a 15% flat tax on everyone. We're in a game competing for capital globally. This is why socialism never works, capital is mobile, if it all leaves everyone ends up poor.
No they don't, according to Sens. Elizabeth Warren, Kirsten Gillibrand, Bernie Sanders and MSNBC.
yes they do. the left is pushing that mantra to get the public behind their push to raise taxes on everyone, especially the rich.
stop listening to these idiots.
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