View Poll Results: Do The Rich Pay Too Much Income Taxes

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  • Yes

    38 33.93%
  • No

    72 64.29%
  • I don't know

    2 1.79%
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Thread: Do The Rich Pay Too Much Federal Income Taxes

  1. #151
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by Sean.McDonnell View Post
    Rob everyone's paycheck? Come on. Taxes are taxes, we all have to pay them, it is the price of living in a great country. A flat tax is ridiculous. Someone who makes 400k a year should not pay the same rate as someone who is hovering around the poverty line.
    Why not? The guy making 400K probably consumes less from society and still contributes much more than the guy at the poverty line.


  2. #152
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by Sean.McDonnell View Post
    getting away scott free? do you believe the poor enjoy being poor and laugh at the rich paying taxes. Have you ever tried to put yourself in another's shoes. If you were poor would you say the same thing?
    Yes I would, that's the whole point of being a conservative. Too bad you don't get it.
    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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  3. #153
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by Sean.McDonnell View Post
    If you want to get up and move, go ahead. With basically the whole industrialized world practicing socialism, I'm just curious, what country do you think you'll go to?
    Switzerland's taxes are pretty low and they have no cap gains tax, neither has Singapore (which is why the co-founder of Facebook moved there and renounced his citizenship). Both these countries pretty much weathered the recent recession pretty well too.

  4. #154
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Maybe this is mentioned elsewhere in this thread but I heard on the news yesterday that 90% of all federal taxes are paid by 20% of the population. If that's true, it's appalling.

  5. #155
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by Cephus View Post
    Yes I would, that's the whole point of being a conservative. Too bad you don't get it.
    I know! I wish I could understand how your minds work! So many poor conservatives vote against their own interests and it's quite mind boggling.
    One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.- Plato

  6. #156
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by Paschendale View Post
    Not overtaxed. Fairly reasonably taxed, and still enjoying incredible benefits for what they're paying. The billionaires should be paying more dollars than millions of Americans combined. They have more dollars than a hundred million Americans combined.
    I don't support the concept that they should pay so much more when they don't get additional benefits. Indeed, most billionaires are doing plenty for society. some aren't but many are. they certainly USE less government than those millions

    ability to pay appeals to the masses but is hardly fair



  7. #157
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by iguanaman View Post
    Your in the wrong country if you don't believe in progressive taxes. The founders saw it as a way to stop the wealthy from gaining undue influence over govt. Something they feared because of the European model at the time. The made no mention of "income redistribution" They just thought it greedy to want so much more than you needed to prosper and as Ben Franklin so aptly said......
    socialist crap-there was no progressive income tax in the Constitution. Your rant is nothing more than class envy. What is really greedy is your wanting the wealth that others earned.



  8. #158
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    THe key word in the charts in the op is "taxable".

    If anybody is really so naive as to think the taxable income for the really wealthy represents their ACTUAL income,perhaps they should just move along so as to not embarrass themselves.
    "you're better off on Stormfront discussing how evil brown men are taking innocent white flowers." Infinite Chaos

  9. #159
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by Gipper View Post
    I believe so. Depending on your state of residence, you could be paying almost half your total income to the taxman.
    Plus gas tax, sales tax, property tax, tolls, airline tickets to pay people to see us naked ab cop a feel, special taxes built into our utility and phone bills. I think average people pay 50% of their income in taxes.

    I'd prefer to see either:

    1. A single flat tax that covered everything; federal, state, local, gas, cell phone, tolls, whatever. Automatically deduced from our paychecks; no annual filling, loopholes, deductions, credits, whatever. Let the government figure out the math and split it up, not us. If the government wants to offer a credit for something, let that be separate from taxes and work like a rebate. If they want to add more taxation to cigarettes and beer with so-called sin taxes, roll that into the costs of the product like gas.

    or

    2. A single flat retail sales tax that covered everything. No payroll deductions, no annual filling, no loopholes, no deductions, no credits, no whatever. I'd be okay with a higher sales tax rate for luxury items and services and waiving the tax all together for residential homes that are less than 200% of the cost for median homes in their state. If the median home in your state is $150,000, no sales tax on homes $299,999.99 and under. And no property taxes ever.
    Having opinions all over the map is a good sign of a person capable of autonomous thinking. Felix -2011

  10. #160
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by SouthernDemocrat View Post
    Wouldn't they typically deduct their state taxes from their federal taxable income? Given the number of deductions, tax shelters, credits and so on, I would think paying nearly half your income in taxes would be very rare. You would have to fall into the alternative minimum to even get anywhere close.
    Every state works differently, but in many states your federal tax liability is a deduction to state income. It helps, but it doesn't cause a huge dent in tax relief.

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