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

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  • Yes

    82 45.30%
  • No

    99 54.70%
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Thread: Do the Rich Pay Their Fair Share of Taxes in the United States?

  1. #531
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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
    Nonsense. Texas has a state sales tax 8.25% (base rate) and NO state income tax. Many things are not taxed, e.g. FOOD, many "used" goods and labor. It is not regressive, it is flat, with food exempt so it CAN be progressive, since the rich do not eat much more than the poor do. The rich pay far more tax on a Lincoln or Hummer than the poor do on a good used pickup truck or even a new Yugo.
    You miss the point entirely, the poor spend all they make so they are charged sales tax on 100% of their income. The wealthy may only spend 15 or 20% of income so they only pay tax on 15 to 20%. 100% vs. 20% and that sounds "fair" to you? Texas would be much better off with a lower sales tax along with an income tax that can tax some of that unspent income of the top brackets.

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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
    Nonsense. Texas has a state sales tax 8.25% (base rate) and NO state income tax. Many things are not taxed, e.g. FOOD, many "used" goods and labor. It is not regressive, it is flat, with food exempt so it CAN be progressive, since the rich do not eat much more than the poor do. The rich pay far more tax on a Lincoln or Hummer than the poor do on a good used pickup truck or even a new Yugo.
    Raise sales taxes farther and you'll find mechanics doing more business as people buy fewer new cars.
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by SgtRock View Post
    I heard an intresting statistic today. The top 400 tax payers in America pay as much as the bottom 50% in taxes
    The best part is that those 400 people paid all that and didn't have to cut back one bit on their lifestyles. They could pay double that and still not feel the pinch. Now the bottom 50%? They are a different story. If they paid one dime more it would have come out of their mouths to feed. Do you get it now?

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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
    Nonsense. Texas has a state sales tax 8.25% (base rate)
    Wrong, the state sales tax is:


    What tax rate do I use?
    The Texas state sales and use tax rate is 6.25%, but local taxing jurisdictions (cities, counties, special purpose districts, and transit authorities) may also impose sales and use tax up to 2% for a total maximum combined rate of 8.25%. You will be required to collect both state and local sales an use tax. For information about the tax rate for a specific area, see Local Sales and Use Tax Rate Information.
    For information on collecting and reporting local sales and use tax, ask for publication 94-105 "Guidelines for Collecting Local Sales and Use Tax" (PDF, 9.74MB) For a list of local tax rates ask for publication 96-132 "Texas Sales and Use Tax Rates." We also provide tax rate cards for all combined tax rates.
    The tax rate for sales and use taxes are the same. See Purchases/Use Tax for additional information.

    FAQ: Texas Sales Tax

  5. #535
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by iguanaman View Post
    You miss the point entirely, the poor spend all they make so they are charged sales tax on 100% of their income. The wealthy may only spend 15 or 20% of income so they only pay tax on 15 to 20%. 100% vs. 20% and that sounds "fair" to you? Texas would be much better off with a lower sales tax along with an income tax that can tax some of that unspent income of the top brackets.
    does it sound fair that a guy who paid for 4 years of college and 4 years of medical school should be taxed at a higher rate than some guy who graduated HS and went to work at mickey Ds, simply because he makes more?


    that's the part you bleeding hearts alway ignore. for the most part (trustfund babies excluded) most of the rich people are rich because they worked harder or smarter to get there.


    I was born into a poor family. I worked hard and got good grades in HS and got academic scholarships to help pay for college. I worked a full time job and worked my class schedule around my job. Is it fair for me to pay to support some guy who had the same opportunities as I and chose not to take advantage of them
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  7. #537
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by Catawba View Post
    What EXACTLY is the point you are making with this post? Or are you trying to get us to read lines like "The superrich do still pay taxes. The wealthiest 1 percent of taxpayers pay 32 percent of all income tax collected by the federal government." If so, thank you for that...

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

    Quote Originally Posted by Dickieboy View Post
    What EXACTLY is the point you are making with this post?
    It addresses the OP, showing that the rich have received far greater tax rate cuts than the lower classes.
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by OscarB63 View Post
    does it sound fair that a guy who paid for 4 years of college and 4 years of medical school should be taxed at a higher rate than some guy who graduated HS and went to work at mickey Ds, simply because he makes more?


    that's the part you bleeding hearts alway ignore. for the most part (trustfund babies excluded) most of the rich people are rich because they worked harder or smarter to get there.

    I was born into a poor family. I worked hard and got good grades in HS and got academic scholarships to help pay for college. I worked a full time job and worked my class schedule around my job. Is it fair for me to pay to support some guy who had the same opportunities as I and chose not to take advantage of them
    I don't ignore anything. I've explained that our economy is dependant on progressive taxes for growth that benefits all. Yes it's a real bitch that someone with a million dollar income should pay $400,000 in taxes but that still leaves him more than most make in a decade. How much reward do you need?. And that money goes back to work in the economy, creating jobs and building infrastucture. Those who believe they are an island will be quite surprised when they find their empires crumbling along the economy.

  10. #540
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by iguanaman View Post
    The best part is that those 400 people paid all that and didn't have to cut back one bit on their lifestyles. They could pay double that and still not feel the pinch. Now the bottom 50%? They are a different story. If they paid one dime more it would have come out of their mouths to feed. Do you get it now?
    No I don't get it, I am in the bottom 50%. I do not think its fair to ask those top 400 to pay more than their fair share. For instance if one of those 400 lives in NY city. They will pay almost 60% of their income in taxes. That means that for 7 months of the year everything they earn will go towards taxes. And people like you want them to pay more. get real.
    Last edited by SgtRock; 06-12-12 at 12:38 AM.
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