As for the sales tax, they pay for what they consume. My guess is that a 1-on-1 comparison shows the wealthy person paying far more due to fancier houses and cars. Paying the same percentage is not regressive, it's flat. The argument that they can afford more is irrelevant to that issue. They still pay higher taxes overall by far and states do have the option to drop sales tax in favor of income tax.
Omniscience just sucks without omnipotence!
Is Romney breaking any laws with his tax rate of 15%? If not then what's the problem? (aside from envy of course)
Tired of elections being between the lesser of two evils.When the debate is lost, slander becomes the tool of the loser. -Socrates
Companies require a large, educated, prosperous, society to make money. They need customers that can afford to buy their product, employees that are educated enough to do the job, employees that are healthy enough to work, etc. You're right that they pay the employees, but that doesn't mean they don't benefit from them being educated and whatnot. The median productivity of an American worker is an outstanding $97k/year. That's how much value they bring to their employer. But the median compensation is only $44k/year. So, the employer is keeping more than half of the value employees generate. So, roughly, each person gets half the value of their education, but their employer is collecting the other half.
On top of that, you have things like defense, police, and fire. Those things benefit the super rich because they have more to protect. The homeless guy on the street would probably be better off if there were no police, where Bill Gates would be like $40 billion worse off. So, the value of police to Bill Gates is much greater.
Also, you have infrastructure. A company that runs heavy semi trucks all over the country is drawing way more benefit from the highways. An office in Nevada gets way more benefit out of the electricity of the Hoover Dam than an individual does. The internet has done a smidge more for amazon.com than it has done for my grandmother. And so on.
When I read posts that seem to protest the 1% or even top 10%, over envy or 'social injustice' or whatever, I ponder a hypothetical. What would happen to the 53% or 99% if they, the 'top bracket' decided to withdraw all their money from the economy and ‘stuff it in the mattress’ (gone Galt for those who understand)? Who would lose their jobs? How/who would the government tax then? What percentage would the 53% or 99% have to pay then?