View Poll Results: Is it unreasonable to pay a little more?

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  • Yes. I'm a greedy bastard!! I need MORE!!!

    28 28.87%
  • No. There's comes a point in wealthiness where it just doesn't even matter anymore.

    61 62.89%
  • I'm not sure.

    8 8.25%
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Thread: Is it unreasonable for the wealthiest to pay a little more?

  1. #111
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by lpast View Post
    No they are not.
    High Taxes for Some, Negative Taxes for Others

    The charts below show the latest data from the Congressional Budget Office (CBO) on income and federal taxes paid by households from 1979 to 2009.[2] In Figure 1, we can see that average effective income tax rates have declined considerably for almost everyone, except the top 1 percent of earners.

    The decline is most pronounced for the bottom quintile (bottom 20 percent) of households, whose average tax rate went from zero in 1979 to a new record low of -9.3 percent in 2009. That means low-income households now receive more from the IRS in terms of refundable tax credits, such as the Earned Income Tax Credit, than they pay in taxes.[3] This trend has accelerated since 2007, when their tax rate was -5.8 percent, mainly because of higher unemployment and underemployment.
    High Income Households Paying a Larger Share of Income Taxes

    The share of income taxes paid by top earners has increased as well. As Figure 2 shows, the share paid by the top 20 percent of households was 94.1 percent in 2009, just shy of the record high of 94.6 percent in 2008. This is up from 64.7 percent in 1979.
    Likewise, the share of taxes paid by the top 1 percent has increased from 18.4 percent in 1979 to 38.7 percent in 2009. In contrast, the share of income taxes paid by the bottom four quintiles has decreased since 1979, particularly since 2007.
    This CBO report does confirm one ongoing trend: greater redistribution through the tax code. Progressivity of federal income taxes is at a record high. Effective income tax rates have gone negative for the bottom 40 percent of households and are approaching zero for the 20 percent of households considered the “middle class.” In contrast, tax rates on the top 1 percent of households have remained high at about 21 percent. As a result, the share of income taxes paid by the top 1 percent has increased dramatically since 1979, reaching 38.7 percent in 2009. The top 20 percent of households now pay more than 94 percent of income taxes, roughly matching the record high set in 2008.
    CBO Report Shows Increasing Redistribution in the Tax Code Despite No Long-term Trend in Income Inequality | Tax Foundation

    Must be nice living in fantasy land.

  2. #112
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    You want to put your own spin on numbers...nope...they PAY LESS a PERCENTAGE...far less...a loaf of bread when reagan was presisent was 69Cts now its 4.00 get it ?

  3. #113
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by lpast;1061311009[B
    ]You want to put your own spin on numbers.[/B]..nope...they PAY LESS a PERCENTAGE...far less...a loaf of bread when reagan was presisent was 69Cts now its 4.00 get it ?

    Talk about the pot calling the kettle black. What was the average wage under Reagan? And who is causing this inflation?

    I showed you that as far as TAXES go they pay a higher percentage now. Spin it all you like.

  4. #114
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by RabidAlpaca View Post
    Yes, EVERY rich person is a manipulative CEO that makes money by shifting jobs over seas. Do you have any idea how few people that actually applies to? You're trying to group everyone in a wealth class into a neat little stereotype that you can throw rocks at.
    You can insert the word "some" into my post if that makes you feel better, I thought it would be implied. Obviously not all rich people are screwing everyone else, and many of the rich support efforts to raise their own taxes.

    Quote Originally Posted by TurtleDude View Post
    its the typical stereotype the left uses to justify grabbing the wealth of others
    Don't you frequently stereotype half the country as leeches to justify killing measures aimed to keep them from starvation and homelessness? Take a look in the mirror Turtle.
    (avatar by Thomas Nast)

  5. #115
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by Krhazy View Post
    You can insert the word "some" into my post if that makes you feel better, I thought it would be implied. Obviously not all rich people are screwing everyone else, and many of the rich support effort to raise their own taxes.
    If it were not for the rich the rest of us would be much poorer.

  6. #116
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by RabidAlpaca View Post
    The recent planned tax increases won't even make a dent in our yearly deficit. It was never about reducing it, it's about making it seem like they're doing something by taxing the rich. Spending is bloated and needs to be cut, plain and simple.
    appease the ignorant masses by raising taxes on the evil greedy rich people without actually doing anything to solve the true problem.
    The best argument against democracy is a five-minute conversation with the average voter.

    An appeaser is one who feeds a crocodile, hoping it will eat him last.

  7. #117
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by Gawain View Post
    If it were not for the rich the rest of us would be much poorer.
    And if it were not for the rest of us, the rich would be a lot poorer. They may find that out if they keep trying to destroy their own consumer base.
    (avatar by Thomas Nast)

  8. #118
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by Krhazy View Post
    And if it were not for the rest of us, the rich would be a lot poorer. They may find that out if they keep trying to destroy their own consumer base.
    nah, they're already filthy rich...they could just take their money and move to some south pacific island. sadly, the rest of us don't have that option.
    The best argument against democracy is a five-minute conversation with the average voter.

    An appeaser is one who feeds a crocodile, hoping it will eat him last.

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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by Krhazy View Post
    And if it were not for the rest of us, the rich would be a lot poorer. They may find that out if they keep trying to destroy their own consumer base.
    Yes thats what they want to do . Thats how they got rich right? Keep destroying the rich and see how long we last.

    In the words of the immortal Alvin Lee

    Tax the rich, feed the poor
    Till there are no rich no more

    I'd love to change the world
    But I don't know what to do

  10. #120
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by OscarB63 View Post
    nah, they're already filthy rich...they could just take their money and move to some south pacific island. sadly, the rest of us don't have that option.
    And most are unwilling to put in the time and effort to achieve that option. Sad, huh?
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

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