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

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

  1. #981
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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
    My mistake - you raised the 40% you were whining about earlier up to 50%+ in this last post. With all the right-wingnut half-truths and outright lies it's hard to keep track.
    Why don't you just admit you didn't pay attention and that caused you to spew nonsense

    I stated the effective federal income tax rate on most of us in the top one percent is around 24 or so percent

    the top one percent make about 22% of the income yet pay almost 40% of the income tax burden and almost all the estate/death tax burden on a federal level

    does that help?

  2. #982
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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
    the top one percent make about 22% of the income yet pay almost 40% of the income tax burden and almost all the estate/death tax burden on a federal level

    does that help?
    Yes, they also own 40% of the wealth in this country with 80% of this country owning less than 10% of the country's wealth.
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  3. #983
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by Hatuey View Post
    Yes, they also own 40% of the wealth in this country with 80% of this country owning less than 10% of the country's wealth.
    which has ZERO relevance to a discussion of income taxes

    and taxing wealth is idiotic given much wealth does not generate income and came from income that was already taxed

  4. #984
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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
    which has ZERO relevance to a discussion of income taxes

    and taxing wealth is idiotic given much wealth does not generate income and came from income that was already taxed
    Not when one starts talking about paying for what they use. At that point wealth is important because the responsibility for military spending should be directly related to wealth just as any other insurance policy is directly related to what's being insured.


    Personally, I'm fairly happy with the current system except the rates are too low.
    Last edited by MoSurveyor; 06-25-12 at 12:39 AM.
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  5. #985
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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
    which has ZERO relevance to a discussion of income taxes

    and taxing wealth is idiotic given much wealth does not generate income and came from income that was already taxed
    Only because you were presented with a factual statistic that kicks your butt and you do not like that one bit do you?

    Yes, they also own 40% of the wealth in this country with 80% of this country owning less than 10% of the country's wealth.
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  6. #986
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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
    Not when one starts talking about paying for what they use. At that point wealth is important because the responsibility for military spending should be directly related to wealth just as any other insurance policy is directly related to what's being insured.


    Personally, I'm fairly happy with the current system except the rates are too low.
    of course-so many people want other people to pay more taxes

    I suggest people like you pay the same rates I do and better yet-the same amount of taxes. when you do I might consider your rants about the rates of the rich to have some merit

  7. #987
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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
    Only because you were presented with a factual statistic that kicks your butt and you do not like that one bit do you?

    its irrelevant. That wealth was purchased with income already taxed. If I make a million dollars a year and have 500K left over after expenses and taxes and I buy my wife an expensive painting or a summer cottage why should I pay tax on that wealth?

  8. #988
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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
    which has ZERO relevance to a discussion of income taxes
    Of course it does. Wealth ownership automatically has an impact on the general responsibilities you have to the society in which you live. You can't have a family of 4 in a house and then claim that the main breadwinner doesn't have to provide for the majority of things in the house specially if the other 3 simply don't generate a comparable revenue. Same scenario. Those who make more should have to pay more in order to make sure that they can continue to enjoy those riches. Otherwise, wealth is heavily concentrated and the nation falls into chaos.
    Last edited by Hatuey; 06-25-12 at 12:48 AM.
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  9. #989
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by Hatuey View Post
    Of course it does. Wealth ownership automatically has an impact on the general responsibilities you have to the society in which you live. You can't have a family of 4 in a house and then claim that the main breadwinner doesn't have to provide for the majority of things in the house specially if the other 3 simply don't generate a comparable revenue. Same scenario. Those who make more should have to pay more in order to make sure that they can continue to enjoy those riches. Otherwise, wealth is heavily concentrated and the nation falls into chaos.
    wealth has no relevance to income tax arguments

    and basing income tax on something other than income is idiotic

    I know people who have lots of "wealth" and not much income, Farmers for example who have lots of land based wealth but it doesn't generate all that much income

    and the rich will always pay more but justifying more and more taxes because the indolent poor and middle classes demand more and more government is going to collapse.

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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
    its irrelevant. That wealth was purchased with income already taxed. If I make a million dollars a year and have 500K left over after expenses and taxes and I buy my wife an expensive painting or a summer cottage why should I pay tax on that wealth?
    So now you are against sales tax?

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