Is 39% tax rate for wealthy really fair?

[Anonymous]

Anonymous wrote:My idea:
Tie in tax rates to unemployment, poverty rates, the minimum wage, etc. If the unemployment rate is at 3%, marginal tax rates can be 15-20%.

If it stays up in double-digits, then hike it up to 50% since the upper classes are not fulfilling their part of the social contract. If they can't be arsed to create jobs, then we shouldn't be arsed to protect their pweshus income.

I like this idea. Tax rates on the rich are at one of the lowest rates in history, and yet the "job creators" haven't bothered to create any jobs.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

A tax system that is designed to help primarily wealthy and upper middle class people

Good grief, 47% pay no Federal income tax. I suppose that is designed to help the wealthy and upper middle class....

Yes, so 50% should pay no taxes AT ALL and the rich should pay 50% of their money in taxes? Um, no.

Um, yeah. The 50% that pay no INCOME taxes pay a buttload in other taxes, and still manage to buy all the crap you people sell in order to get rich.

Tax the poor and watch what happens to the WalMart fortune.

On a sunny day, when you look outside, what color is the sky?

Really? That's the best you can do?

Taxing poor people is stupid and pointless. It just makes them poorer and they can't consume, which is the only thing our economy has going for it, since you job creators decided to create all the jobs in Mexico and China.

Giving you a tax break just swells your bank account. Nothing more. There is zero benefit to the economy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

A tax system that is designed to help primarily wealthy and upper middle class people

Good grief, 47% pay no Federal income tax. I suppose that is designed to help the wealthy and upper middle class....

Yes, so 50% should pay no taxes AT ALL and the rich should pay 50% of their money in taxes? Um, no.

Um, yeah. The 50% that pay no INCOME taxes pay a buttload in other taxes, and still manage to buy all the crap you people sell in order to get rich.

Tax the poor and watch what happens to the WalMart fortune.

On a sunny day, when you look outside, what color is the sky?

Really? That's the best you can do?

Taxing poor people is stupid and pointless. It just makes them poorer and they can't consume, which is the only thing our economy has going for it, since you job creators decided to create all the jobs in Mexico and China.

Giving you a tax break just swells your bank account. Nothing more. There is zero benefit to the economy.

You know this, how?? What is it like to be omniscient? Your contention is baseless. And for the record, I make less than $125K/yr. My bank account is not swollen. Taxing poor people is not stupid and pointless. If they are taxed at some very minimal rate, then they are invested the society. They are invested in how the government spends what it takes from them. The condescending way you want to treat low income people in this country is one of the fundamental problems.

[Anonymous]

Anonymous wrote:A better way is to continue to allow loopholes, tax shelters, etc, but to put a hard bottom below which your effective tax rate cannot drop. You can run a tiered structure like a marginal tax rate. If you make 0-$50K, then you can pay no taxes. $50-100K you cannot drop below 15%, $100-250K you cannot drop below 20%, over $250K you cannot drop below 25% or whatever levels you want. Then you won't have these multi-millionaires with 7-10 figure annual incomes paying 5-15% taxes. Then you wouldn't worry so much about the marginal tax rate and tax shelters, etc. And everyone would know that all were paying "their fair share."

Making $50k and not paying taxes? That isn't right. Do you know how many singles make that and live comfortably? Especially in non urban areas.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

A tax system that is designed to help primarily wealthy and upper middle class people

Good grief, 47% pay no Federal income tax. I suppose that is designed to help the wealthy and upper middle class....

Yes, so 50% should pay no taxes AT ALL and the rich should pay 50% of their money in taxes? Um, no.

Um, yeah. The 50% that pay no INCOME taxes pay a buttload in other taxes, and still manage to buy all the crap you people sell in order to get rich.

Tax the poor and watch what happens to the WalMart fortune.

On a sunny day, when you look outside, what color is the sky?

Really? That's the best you can do?

Taxing poor people is stupid and pointless. It just makes them poorer and they can't consume, which is the only thing our economy has going for it, since you job creators decided to create all the jobs in Mexico and China.

Giving you a tax break just swells your bank account. Nothing more. There is zero benefit to the economy.

You know this, how?? What is it like to be omniscient? Your contention is baseless. And for the record, I make less than $125K/yr. My bank account is not swollen. Taxing poor people is not stupid and pointless. If they are taxed at some very minimal rate, then they are invested the society. They are invested in how the government spends what it takes from them. The condescending way you want to treat low income people in this country is one of the fundamental problems.

+1

[Anonymous]

Since poor people use most of the taxes, they should too be taxed. Do you know how many people count as poor and get handouts daily? Make them pay a small percentage, not get off free

[Anonymous]

To the folks who want the poor to be federal income tax free....do you give your kids an allowance? Do they spend their "own" money as freely as they spend your money? Do they ever decide not to buy something with their own money, preferring instead to save it for later? Do they do the same with your money? If you happen to have perfect children, maybe there is no difference in how they treat your money and their money. But most kids are only human and won't treat their money the same way as yours. Their money is precious and your money well...it seems unlimited. And honestly, many people view government money in much the same way. If some people aren't taxed at all, where is their outrage at government waste, where is their incentive to cut back on spending?

When I was little there was a neighborhood familly that received government handouts. One day as the one of the kids was leaving his house, my mom reminded him that he left the lights on and he should go turn it off. He said "We never bother to turn the lights off. We don't pay for that ourselves, what's the point." My mom was stunned, though as an adult myself now, I'm not really surprised.

[Anonymous]

Anonymous wrote:To the folks who want the poor to be federal income tax free....do you give your kids an allowance? Do they spend their "own" money as freely as they spend your money? Do they ever decide not to buy something with their own money, preferring instead to save it for later? Do they do the same with your money? If you happen to have perfect children, maybe there is no difference in how they treat your money and their money. But most kids are only human and won't treat their money the same way as yours. Their money is precious and your money well...it seems unlimited. And honestly, many people view government money in much the same way. If some people aren't taxed at all, where is their outrage at government waste, where is their incentive to cut back on spending?

When I was little there was a neighborhood familly that received government handouts. One day as the one of the kids was leaving his house, my mom reminded him that he left the lights on and he should go turn it off. He said "We never bother to turn the lights off. We don't pay for that ourselves, what's the point." My mom was stunned, though as an adult myself now, I'm not really surprised.

+1000

It is like the norm is to pity and hand out to poor, illegals and it is so wrong to say - you are breaking a law, you are taking advantage for too long, you aren't trying hard enough to pick yourself up. If you do, you are not compassionate, you are a bigot. You have no heart. No you are teaching your kids that if they don't try hard enough or don't want to abide by the laws, someone will help you especially if you whine loud enough that "life isn't fair!!"

[Anonymous]

Anonymous wrote:

Anonymous wrote:To the folks who want the poor to be federal income tax free....do you give your kids an allowance? Do they spend their "own" money as freely as they spend your money? Do they ever decide not to buy something with their own money, preferring instead to save it for later? Do they do the same with your money? If you happen to have perfect children, maybe there is no difference in how they treat your money and their money. But most kids are only human and won't treat their money the same way as yours. Their money is precious and your money well...it seems unlimited. And honestly, many people view government money in much the same way. If some people aren't taxed at all, where is their outrage at government waste, where is their incentive to cut back on spending?

When I was little there was a neighborhood familly that received government handouts. One day as the one of the kids was leaving his house, my mom reminded him that he left the lights on and he should go turn it off. He said "We never bother to turn the lights off. We don't pay for that ourselves, what's the point." My mom was stunned, though as an adult myself now, I'm not really surprised.

+1000

It is like the norm is to pity and hand out to poor, illegals and it is so wrong to say - you are breaking a law, you are taking advantage for too long, you aren't trying hard enough to pick yourself up. If you do, you are not compassionate, you are a bigot. You have no heart. No you are teaching your kids that if they don't try hard enough or don't want to abide by the laws, someone will help you especially if you whine loud enough that "life isn't fair!!"

What a stupid, stupid, stupid analogy. Look, worthy tax-payers, someone making $20k working at Wal-mart isn't thinking "yummy yummy gov't is giving me more money!" when they get a tax credit refund, they're thinking "thank God I have some extra money this month, so I can buy my kid some clothes, etc." I know this because I used to be one of those people. Just because you knew some douchebag who didn't turn his lights out doesn't mean a damn thing. Maybe they developed that lousy attitude after spending some time with you! The gov't doesn't even provide those kinds of benefits to anyone. Most of these posters are insulting, out of touch, and you clearly know little to nothing about the tax system, or what kinds of government "benefits" are available to the working poor, or the non-working poor, for that matter. You just whine incessantly about nothing in particular because you want to feel like a victim.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
What a stupid, stupid, stupid analogy. Look, worthy tax-payers, someone making $20k working at Wal-mart isn't thinking "yummy yummy gov't is giving me more money!" when they get a tax credit refund, they're thinking "thank God I have some extra money this month, so I can buy my kid some clothes, etc." I know this because I used to be one of those people. Just because you knew some douchebag who didn't turn his lights out doesn't mean a damn thing. Maybe they developed that lousy attitude after spending some time with you! The gov't doesn't even provide those kinds of benefits to anyone. Most of these posters are insulting, out of touch, and you clearly know little to nothing about the tax system, or what kinds of government "benefits" are available to the working poor, or the non-working poor, for that matter. You just whine incessantly about nothing in particular because you want to feel like a victim.

I think the point that most people spend their own money more carefully than that of "other people's" money is relevant and not "stupid, stupid, stupid." I'm not sure what you mean by your phrase "one of those people" but if it means qualifying for a tax credit greater than the amount of taxes owed, then yes, I have been "one of those people." Does that make my opinion more valid now? Honestly, I'm surprised to hear you complain about other posters being "insulting." If anything, I feel that your post was pretty insulting to me and anyone else with a similar viewpoint.

[Anonymous]

I have been poor and I have been rich. Not once when I was poor did I think that the rich owed me anything. Not once when I was poor did I think that the rich should have to pay 50% of their income in taxes as many on this board seem to be advocating. Not once when I was poor did I resent the rich because they had more money than I did. Hell, I wanted to make that kind of money myself And I did what was necessary to get myself out of poverty. I do not understand the anger, the hatred, the envy and the greedy grab for money simply because someone makes the arbitrary decision that a certain income is too much.

[Anonymous]

Anonymous wrote:

Anonymous wrote:A better way is to continue to allow loopholes, tax shelters, etc, but to put a hard bottom below which your effective tax rate cannot drop. You can run a tiered structure like a marginal tax rate. If you make 0-$50K, then you can pay no taxes. $50-100K you cannot drop below 15%, $100-250K you cannot drop below 20%, over $250K you cannot drop below 25% or whatever levels you want. Then you won't have these multi-millionaires with 7-10 figure annual incomes paying 5-15% taxes. Then you wouldn't worry so much about the marginal tax rate and tax shelters, etc. And everyone would know that all were paying "their fair share."

Making $50k and not paying taxes? That isn't right. Do you know how many singles make that and live comfortably? Especially in non urban areas.

For DCUMers, $50K is poor.

[Anonymous]

Anonymous wrote:Since poor people use most of the taxes, they should too be taxed. Do you know how many people count as poor and get handouts daily? Make them pay a small percentage, not get off free

Poor people don't come close to "using most of the taxes." Get real.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Since poor people use most of the taxes, they should too be taxed. Do you know how many people count as poor and get handouts daily? Make them pay a small percentage, not get off free

Poor people don't come close to "using most of the taxes." Get real.

In addition, what are these "daily handouts?" Do you have any idea how welfare in this country works? This type of crap is why conservatives on this board have no credibility.

[Anonymous]

I hate the way people who make over certain levels are NOT considered "working families" anymore. FYI the federal government does support K-12 education and Free and reduced price meals. The states also support k-12 [oops pre k through 12}.

So whenever a school district is not efficient and effective local money is spent and supplanted by federal. And I pay for all of it.

I think state colleges and universities should raise out of state to private levels and some should be near or at private level. UVA. William and Mary.