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. #741
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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
    was that a TWILIGHT ZONE EPISODE or an OUTER LIMITS?
    More like Panic in Detroit

  2. #742
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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
    SIX can be three plus three.
    SIX can be eight minus two.
    SIX can the four plus two.
    SIX can be twelve divided by two.

    Its still six no matter how you do the math.

    And its still risk and you are asking me to subsidize it regardless if it is investing in stocks or rollin the dice at Vegas. Risk is risk is risk. No taxpayer should have to subsidize it for another.
    You DO realize that eight and twelve do not exist on die at Vegas...right?

  3. #743
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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
    You need to pay the same amount of taxes I do before you start whining about the rich again.

    People like me subsidize your low rates
    If your income comes primarily from investments, as does Romneys, I pay a higher total tax rate on my income that do you. People like me subsidize your low rates.
    Last edited by Catawba; 06-18-12 at 01:00 AM.
    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

  4. #744
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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
    tell us what would happen if there was no investment capital
    Who has suggested doing away with investment capital? No one! What the working class sees that you ignore to pad your pockets even more, is that the rich have the most capital for investment they have had in 50 years, and it's not producing jobs in this country.

    Why should we agree to give the wealthy even more of the working class wealth, when they haven't done squat to create jobs with the tax breaks we've already given them?
    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

  5. #745
    Sometimes wrong

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

    Quote Originally Posted by grip View Post
    If the rich can't solve the spending problem by paying more, then where is the problem with government spending? Are the rich suppressing the masses from earning a living wage, so that they need gov assistance or is the gov simply wasting money or is it all the above?
    A big part of gov't spending is in entitlements; the politically "untouchable" areas of welfare (in all of its many forms) and the ever increasing aging population getting Social Security and Medicare benefits. If these two areas were "on the table" then spending cuts could be made to balance the federal budget. Increasing taxation alone has ZERO chance of achieving a budget balance.

    Welfare link: Poverty and spending over the years - Federal Safety Net

    Social Security Link: In 2011 The Baby Boomers Start To Turn 65: 16 Statistics About The Coming Retirement Crisis That Will Drop Your Jaw

    http://fpc.state.gov/documents/organization/45222.pdf
    Last edited by ttwtt78640; 06-18-12 at 01:14 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

  6. #746
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    Quote Originally Posted by Catawba View Post
    If your income comes primarily from investments, as does Romneys, I pay a higher total tax rate on my income that do you. People like me subsidize your low rates.
    Show your math.
    “Tyranny is defined as that which is legal for the government but illegal for the citizenry.”
    ― Thomas Jefferson

  7. #747
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    idea Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by JohnWOlin View Post
    No I do not. I think if you got rid of loopholes and wound it back to Clinton era they would pay about what they should be paying. As for the rest of us, I think all of us making over $20,000 should be paying more federal taxes than we do right now. I don't want to, but even if we were to bring down war and welfare spending to pre-9/11 levels it would take awhile to balance everything back out and quit borrowing from other countries.
    This guy does the math and you'd be surprised at the result:

    EAT THE RICH! - YouTube

    It's only 9 minutes;

    Anyone can do this math, it's not very hard if you know how to add, subtract, multiply, and divide.
    "Socialism is great, until you run out of other peoples' money (OPM) "
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  8. #748
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by Aberration View Post
    Show your math.
    The capital gains rate is half the rate of earned income and a wage earner is required to pay a pay-roll tax on their entire income, while the investor only has to pay payroll taxes on a small portion of their income.

    Ask anyone in the working class, most are aware of this tax inequality. Hell, even Reagan saw this and increased the Capital gains tax rate equal to that of earned income. That is why Mr.-14%-tax-rate running for president is going to have a such hard row to hoe in November.
    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

  9. #749
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Nope. If people like my family can sit around at their expensive county club playing golf every day and not working can do this year after year then they are not paying enough.
    Quote Originally Posted by Bucky View Post
    I have pooped in public, even in public neighborhoods.
    Quote Originally Posted by OldFatGuy View Post
    Usually a gag for wise mouthed insulting little girls. Then some good nylon rope so I can tie them up, toss them in the trunk of my car and forget about them.

  10. #750
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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
    You DO realize that eight and twelve do not exist on die at Vegas...right?
    He said "dice"... that's plural.
    Quote Originally Posted by Bucky View Post
    I have pooped in public, even in public neighborhoods.
    Quote Originally Posted by OldFatGuy View Post
    Usually a gag for wise mouthed insulting little girls. Then some good nylon rope so I can tie them up, toss them in the trunk of my car and forget about them.

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