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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am a democrat, but I'm not sure I understand the justification of the wealthy paying such a high tax rate.  Can someone explain this to me?  We are middle class and pay about 12%.  It seems like 39% is quite high, even for the wealthy.  This seems like more than their fair share.  What am I missing?  [/quote]

I'm in that bracket...and a Republican.  However you may be surprised by my answer:

You're not missing anything.  Instead of using "unfair" I'll just say that is is not proportionate.

I don't mind paying more taxes - I can afford to do it, and we ought to do it b/c the country needs help.

However - what I bristle at is that people who pay nothing, get to criticize me for "not paying my fair share".  In that regard it probably is just semantics, but if you're paying zero and I'm paying more than zero, how do you get to criticize?  :-)     I think Mr. Obama should have made everyone pay something  even if it means "$100" as a token below a certain income level.   While it may not cure the debt problem we have, the "token" amount will make people like me more willing to pay a disproportionate amount of taxes.

Taxes aren't even the problem - it's a spending problem.  Even if we all pay what we're supposed to pay - it's less than a ladle-full of water in a bucket.   We need to reduce spending in order to close the gap.[/quote]

Who are the people who "pay nothing", I'm curious. (Hint: payroll and sales taxes are "tax")
[/quote]

Hint: payroll and sales taxes contribute basically nothing to education, to healthcare, to roads, to defense, to foreign assistance, to the common good...people who don't pay income taxes don't pay the taxes that build this country. And it is indeed worrying that over 50% adults in the US pay no income tax. That doesn't happen in any European country, where the vast majority does pay income tax.[/quote]

How can you say that.  Payroll taxes fund Medicare.  And nobody's income tax pays for education, property taxes do.  Property taxes are paid by property owners and ithrough rents collected by renters, so basically everyone.  And pretty much everywhere Sales Tax goes into a state or locality's general fund, so it absolutely goes to the common good, including state and local roads which gets to another point.

So all you have left is defense and foreign aid.  Maybe we should think about cutting that.  Stop paying the bills for the defense of other countries.[/quote]

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