View Poll Results: Do the Rich Pay Their Fair Share?

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    82 45.30%
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Thread: Do the Rich Pay Their Fair Share of Taxes in the United States?

  1. #1191
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by cpwill View Post
    apparently if you have more stuff than I do, you have no call to complain if I steal some.
    The left does not call it stealing, they call it "fair" taxation or "social justice". Income redistribution is viewed, by the left, as "fairness". From each according to their ability (to pay taxes), to each according to their need (for free stuff). Yes they can!
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by TurtleDude View Post
    2X the taxes? What idiocy. Someone with 300 Million that is Only investment income still pays a far higher effective rate than someone making 80K

    and the rich guy pays more taxes in a quarter than the 80K guy will pay in a lifetime

    stop the silly nonsense
    Sorry wrong.

    Richest 400 Earn More, Pay Lower Tax Rate - Forbes.com

    The $80k guy pays 25% and then ads on 13% for FICA etc etc etc. Lots more than 16%. And thats a FACT.

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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by haymarket View Post
    Who is saying that? I see nobody here advocating stealing from anyone.
    Your idea is to call super-taxing the rich "fairness", because they are so rich that they surely will not miss it. This model has one very serious flaw; the rich tend to get that way by producing goods and services. If the taxes (business expenses) go up for the rich, they simply raise the price of those goods and services, passing the cost of that added taxation on to ALL as inflation, the unescapable, hidden taxation of the poor. If this business taxation gets too high, as it is want to do, then exports of goods are no longer possible, causing the business to seek an off shore, lower taxed place to opperate. Now you get not only higher prices, but less places to work too; rinse and repeat.
    Last edited by ttwtt78640; 06-30-12 at 08:16 AM.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by 274ina View Post
    Sorry wrong.

    Richest 400 Earn More, Pay Lower Tax Rate - Forbes.com

    The $80k guy pays 25% and then ads on 13% for FICA etc etc etc. Lots more than 16%. And thats a FACT.
    Sneak in that FICA (at the self employed rate no less), to make your apples to moonrocks "FACT" comparison work out. By the way, that $80K guy actually pays FIT at 10.2% assuming married filing jointly (no kids), or 12% filing single.

    For FIT "FACT" try this site: http://www.calcxml.com/calculators/f...estimator?skn=

    How many people are employed as a result of that $80K guy? I tend to get hired by rich people, help wanted ads are rarely the result of poor folks needing to hire well paid help.
    Last edited by ttwtt78640; 06-30-12 at 08:41 AM.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by MoSurveyor View Post
    You think everyone lives in a big city where everything is within easy reach? LOL! Suspect all you want but I've seen malnutrition in the rural areas of my own state. In the city if things get tough people steal. In the country it's not so simple.
    I know the country - I've got family and kinfolk there. Hell, I live surrounded by cows. What in the world makes you think that access to a store = access to food?

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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by MoSurveyor View Post
    You think everyone lives in a big city where everything is within easy reach? LOL! Suspect all you want but I've seen malnutrition in the rural areas of my own state. In the city if things get tough people steal. In the country it's not so simple.
    They don't have charities in big cities? That's unfortunate.
    One who makes himself a worm cannot complain when tread upon.

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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by ttwtt78640 View Post
    The left does not call it stealing, they call it "fair" taxation or "social justice". Income redistribution is viewed, by the left, as "fairness". From each according to their ability (to pay taxes), to each according to their need (for free stuff). Yes they can!
    So lets be clear here - in your opinion, taxation levied by the duly elected representatives of the people in a democratic republic according to the US Constitutional provisions is STEALING?

    Is that your opinion?
    Last edited by haymarket; 06-30-12 at 09:12 AM.
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by ttwtt78640 View Post
    Your idea is to call super-taxing the rich "fairness", because they are so rich that they surely will not miss it. This model has one very serious flaw; the rich tend to get that way by producing goods and services. If the taxes (business expenses) go up for the rich, they simply raise the price of those goods and services, passing the cost of that added taxation on to ALL as inflation, the unescapable, hidden taxation of the poor. If this business taxation gets too high, as it is want to do, then exports of goods are no longer possible, causing the business to seek an off shore, lower taxed place to opperate. Now you get not only higher prices, but less places to work too; rinse and repeat.
    Screw FAIR or FAIRNESS or whatever variation of that term you want to use. Its a term we will NEVER be able to agree on so lets just flush it. The term APPROPRIATE when talking about taxation is a superior one.

    I have repeatedly stated that I favor a five point across the board increase for ALL Americans who earn dollar one. In addition, I would end most deductions. I would end the capital gains tax and the inheritance tax rates and simply treat those monies as normal income with the applicable schedule.

    As far as businesses moving jobs out of the nation - the Founders in our Constitution spoke to that by giving the Congress the power to levy a tariff.
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Do bears crap in the woods?

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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by haymarket View Post
    But that was not the point and never was the point. We are talking about the PERCENTAGE of federal taxes that are paid by an individual.
    The problem I have with this continual debate point is that when ‘your side of the isle’ argues individual taxation it is about percentage but ‘you guys’ argue corporate taxation it is all about the dollars. It is very common to read about the obscene profits oil companies make but in reality their profit margins are in mid-single digits and are far away from the industries with much higher rates. I understand why this is done without sensationalizing an issue it would go unnoticeable to the average citizen and both sides use the same tactic.

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