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. #711
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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
    OK, your envy of "the rich" has been well established, we "get it",
    If that is what you come away with, you "get" nothing.
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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
    now explain why ANY differences in taxation should result from two citizens making the SAME pay. What IS a "fair" a taxation policy? You seem to "zoom in" on ONLY the "uber rich" and can not justify why two citzens, both making EXACTLY $50K, should NOT pay EXACTLY the same amount to IRS. Some tax "breaks" you deem "fair", while others you do not; what makes YOU the decider of what is "fair" or should be gov't "social policy" included in the tax code?
    Funny thing - I do not remember saying anything about such matters.

    Perhaps you can quote me on these things you allege I have taken a stand on?
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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
    Do think a child should have to report as income, college funding paid on their behalf by their family or a car given to them to go to work or school? It seems only when that SAME activity, done on a larger scale (by the rich), is what you object to, as if the passing of family farmland, or "normal" assistance of children by "regualr" parents is OK, but only up to some "magic" amount that you have in mind, once it crosses that "line", ONLY then it is somehow "wrong". ;-)
    You seem to be laboring under the false belief that I myself have authored and written the tax policy of the United States and thus must defend every line of the thousands upon thousands of pages of the tax code.
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    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

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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
    Funny thing - I do not remember saying anything about such matters.

    Perhaps you can quote me on these things you allege I have taken a stand on?
    OK, let me try to slow it down some for you. You want LTCG and dividend income taxed differently, yet put the blinders on to the rest of the MASSIVE tax code. You get all worked up over a TINY number of "uber rich" that get the majority of their income in this fashion. The SAME kind of tax break saves the middle class from paying LTCG taxes on their "retirement" accounts and their home sales, which you simply choose to ignore. You "like" posts that wish to tax inheritance "OF THE RICH", yet refuse to explain how much of any family farmland the gov't should take when passed on from parent to child.

    By NOT "taking a stand", as you say, you are, in fact, "taking a stand", by simply OMITTING the same type (and in some cases the same exact tax benefit) as applied to middle class tax payers. The FACT that middle class taxpayers pay no more than 15% of their income in taxes (THE AVERAGE US INCOME TAXATION RATE IS 11%), bothers you not a bit, that you see as quite "fair" (or at least do not say is UNFAIR), yet that "the rich" having tax laws to NOT TAX THEM MORE THAN the middle class, is seen by YOU as unfair.

    It is the fact that you REFUSE to discuss or "take a stand" on the tax law for the 99% that bothers me. It is quite easy to "zoom in" on the individual taxpayers, and say "see look how unfair that 80,000+ page tax code is", but to ignore the BIG PICTURE, of why we NEED all that tax code. Instead of harping on what is "unfair", please state what YOU you feel IS "fair" for ALL taxpayers.
    “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 ttwtt78640 View Post
    No, but "fair" taxation is the subject of this thread. Perhaps I foolishly expected YOUR post to be topic related. ;-)
    Then bitch to TD, to whom I was responding, about his unrelated and unnecessary comments.
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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 SAME kind of tax break saves the middle class from paying LTCG taxes on their "retirement" accounts and their home sales, which you simply choose to ignore.
    LOL! Like the middle class's retirement income is going to be so large that it gets taxed at higher than 15%? You've been badly mislead by right-wing propaganda.
    Mt. Rushmore: Three surveyors and some other guy.
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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
    LOL! Like the middle class's retirement income is going to be so large that it gets taxed at higher than 15%? You've been badly mislead by right-wing propaganda.
    In your "fair" plan will only "the rich" pay a higher rate on capital gains/dividend income? If the "common man" sells their home it may well generate a CG of six figures, especially considering a lifetime of accumulated prior CG "rollovers" are likely to be involved.
    “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 ttwtt78640 View Post
    In your "fair" plan will only "the rich" pay a higher rate on capital gains/dividend income? If the "common man" sells their home it may well generate a CG of six figures, especially considering a lifetime of accumulated prior CG "rollovers" are likely to be involved.
    As far as I know there is still a $250k ($500k joint) exclusion for the primary residence and everyone gets this including the rich. How many middle class couples do you know who will see $500k out of the sale of their home??? LOL!
    Mt. Rushmore: Three surveyors and some other guy.
    Life goes on within you and without you. -Harrison
    Hear the echoes of the centuries, Power isn't all that money buys. -Peart
    After you learn quantum mechanics you're never really the same again. -Weinberg

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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
    OK, let me try to slow it down some for you. You want LTCG and dividend income taxed differently, yet put the blinders on to the rest of the MASSIVE tax code. You get all worked up over a TINY number of "uber rich" that get the majority of their income in this fashion. The SAME kind of tax break saves the middle class from paying LTCG taxes on their "retirement" accounts and their home sales, which you simply choose to ignore. You "like" posts that wish to tax inheritance "OF THE RICH", yet refuse to explain how much of any family farmland the gov't should take when passed on from parent to child.
    Again, I must insist that when you assign my views to me and tell the world what it is that I believe, please do me the small courtesy of providing those views for us in the form of my quotes and the posts you are linking to. I hope that courtesy is not too much to ask of you.
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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
    Allow me to elaborate and connect the dots for you since the obvious implication seems to have escaped you. The person who labors for their check, has earned that check with their own industry. Many people who get checks for long term capital gains are merely cashing the check and they did absolutely nothing to earn it in any way shape or form. They got it through a pure accident of birth. They earned nothing.
    Err, the logic of long term capital gains getting a lower rate has nothing to do with the effort put into obtaining the income and everything to do with incentivizing investment.

    What exactly is unfair about the methods in which long term capital gains are taxed?
    Last edited by Republic Now!; 06-17-12 at 08:19 PM.
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