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Well Musk sits there and brags he'll "Stop world hunger", so it really shouldn't be a problem for him paying more taxes. Sick of us middle class people picking up the tab
So, you're saying that the amount of taxes one pays should be based on if it's "no problem for them". Interesting theory. Please elaborate. Who gets to determine what "no problem for them is"? How is such a plan fair (by any definition of the word)? Inquiring minds want to know.
Taxes paid proportional to wealth owned. The top 1% control 40% of the nation's wealth and only pay 24% of taxes. The bottom 50% control only 2% of the wealth, but pay 12% of taxes. The ultra-wealthy are getting off easy, not paying their fair share.
The top 1% are paying LESS taxes than you or I, as a % of wealth. Elon Musk specifically pays NO income taxes. he pays less than anyone else in terms of that too, by the way.
Why? Just because they have money?
What’s your contribution to the society? What’s the fair share for those who don’t pay any taxes?
What’s your contribution to the society? What’s the fair share for those who don’t pay any taxes?
Those who gain more pay more proportionally. That's the goal. The top 1% control 40% of the nation's wealth and only pay 24% of taxes. The bottom 50% control only 2% of the wealth, but pay 12% of taxes. I'm not sure who you're talking about when you mention people who don't pay taxes.
Those who gain more pay more proportionally. That's the goal. The top 1% control 40% of the nation's wealth and only pay 24% of taxes. The bottom 50% control only 2% of the wealth, but pay 12% of taxes. I'm not sure who you're talking about when you mention people who don't pay taxes.
But the federal government doesn't tax wealth and never will. We tax income. The top earners pay more than their fair share of federal income tax while 50% pay nothing at all. That is unjust.
I understand some are envious of other people's wealth, which is gross
How much is the fair share? A vote from Elon Musk is the same as a vote from you.
Why should anybody be forced to pay more taxes than you?
Regarding the bolded part, perhaps you don't understand the current informal system of plutocratic oligarchy that exists in the United States.
Billionaires have lots of money to fund politicians' campaigns at many levels of government. The politicians meet with the rich and powerful, socialize with them, and give them a lot of deference and a listening ear and personal care and attention that no one else would get (maybe the peasants are lucky if they get to talk to a staffer who may or may not report the concern to their boss, let alone have anything ever done about it). The politicians create lots of loopholes, incentives, tax shelters, and other laws that benefit the billionaires, but millions of others end up picking up the tab for these numerous concessions in a myriad of ways.
Who do you think is going to these fundraising dinners that cost tens or hundreds of thousands of dollars a head or table? Why would they be spending all this money to eat with some guy who puts his pants on just like everyone else? The food can't be that amazing. Do you not think the people who are going to these are not expecting a little more pampering (and legislation that is crafted just for them and their own personal interests even if it screws over other people) than the average Joe?
Well Musk sits there and brags he'll "Stop world hunger", so it really shouldn't be a problem for him paying more taxes. Sick of us middle class people picking up the tab
How is paying more US taxes going to feed the poor?
A few years back one of those billionaires (who is big into green energy) was asked a question about why they didn't voluntarily pay more in taxes, since they were a proponent of it. The question caught him off guard, but when the interviewer said he could just tack on an extra zero when he wrote a check to the IRS. Another words, nothing is keeping the rich from paying more than what they legally owe. He skirted the point of the question and said something to the effect that his money could be spent elsewhere more efficiently.
So not only did he prove himself to be a big hypocrite, but also got to the heart of why the super rich would rather give their money to charities and worthy causes, rather than throw it into the bottomless pit of government waste and ineptitude.
I would be interested in how Musk would answer the question, along with blowhard Warren Buffet who continues to talk about how his secretary pays more in taxes than he does.
Ok, Warren, just send a check for a few hundred million if you care to, rather than moan about not paying enough.
But the federal government doesn't tax wealth and never will. We tax income. The top earners pay more than their fair share of federal income tax while 50% pay nothing at all. That is unjust.
I understand some are envious of other people's wealth, which is gross
We tax more than just income. It's bizarre to only look at income taxes. Don't be misleading.
There you go. Stand up for those billionaires. They need to have even more wealth steered their way by our tax system.
can you explain how the government/tax system steers more wealth to them? Not "allows them to keep more", but actually proactively steers wealth to them. It's a fascinating thought
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