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. #171
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by longview View Post
    Ideally The Government should spend exactly what they take in in taxes.
    You guys crack me up. Using that logic, taxes should go up really, really high. The government spends a lot more than they take in. That's not a secret.

    It has been that way for over 60 years.

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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by vasuderatorrent View Post
    You guys crack me up. Using that logic, taxes should go up really, really high. The government spends a lot more than they take in. That's not a secret.

    It has been that way for over 60 years.
    No, spending should be drastically cut.

  3. #173
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by vasuderatorrent View Post
    You guys crack me up. Using that logic, taxes should go up really, really high. The government spends a lot more than they take in. That's not a secret.

    It has been that way for over 60 years.
    I am not sure what is funny about expecting my Government to act fiscally responsible?

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    Re: Do The Rich Pay Too Much Federal Income Taxes

    No... they do not pay too much.
    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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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by TeleKat View Post
    But who will build the roads?
    "Roads? Where we are going we don't need roads." Doc Brown
    Quote Originally Posted by jet57 View Post
    If certain gun guys are insulted by that? Good, they should be ashamed: the rest of US are sick and tired of having our intelligence insulted[/i].



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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by tres borrachos View Post
    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.
    Yeah... but the rich make such a disproportionately high income that those stats are practically irrelevant. I saw Hannity last night and he was going over this but never takes into account that the 50% of the population that is poor is only paying 10% of the amount and that is because they make such crap wages. There is no way that the CEO making multiple millions is worth more than the people that make up the company.
    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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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by RiverDad View Post
    No, spending should be drastically cut.
    That's fun to say, isn't it? Doing it is a completely different thing.

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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by longview View Post
    I am not sure what is funny about expecting my Government to act fiscally responsible?
    The same people that want lower taxes are the same people that want the government to be fiscally responsible. You don't find that too be funny?

    It's like a household that makes $20,000 who lives on $40,000 and tries to cut their expenses to make up the $20,000 difference. It's very funny.

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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by Bodhisattva View Post
    Yeah... but the rich make such a disproportionately high income that those stats are practically irrelevant. I saw Hannity last night and he was going over this but never takes into account that the 50% of the population that is poor is only paying 10% of the amount and that is because they make such crap wages. There is no way that the CEO making multiple millions is worth more than the people that make up the company.
    And yet the owners of the corporation who employ that CEO are willing to dig deep into their pockets and pay him that salary because they believe he is worth that pay. Funny, isn't it. You're declaring that he's not worth it and you're not paying his salary, but those who are paying his salary are validating his worth to the company. Now, I ask you, who has a better vantage point from which they can determine a CEO's worth to the company, you or the shareholders?

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    Re: Do The Rich Pay Too Much Federal Income Taxes

    IMO, the first $8-10,000 should have a zero tax rate and every amount above that should have exactly the same tax rate - whether income or capital gains...with the only deduction being for charitable contributions.

    Taxes would be truly fair and truly simple.

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