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Political Discussion
Reply to "Let Lower Income "Pay Their Fair Share"!"
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[quote=Anonymous][quote=Anonymous]You neglected to state that the very top really don't pay their fair share via loopholes and tax deductions, which the lower/middle income folks never get to use. Sure, they pay a lot in taxes, but that's because they make a lot. But, if they only pay 10% in taxes, and middle/upper are paying 30%, then that's not fair is it? But, I agree with you in that the middle and upper/middle are the only groups probably paying their "fair share". If we got rid of all the loopholes, then I might agree with you.[/quote] OP here. I agree that there should be a minimum for the very top. I thought the AMT (don't know much about that.....never impacted me) was supposed to take care of that. I have no problem phasing out loopholes for those at the top, and requiring a "floor" percentage of 25% or thereabouts. (Many middle class don't pay 30% - that's the top marginal rate but the actual percentage paid is less.)[/quote]
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