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Poll: Nearly 6 in 10 wealthy do not pay enough taxes.

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shinobinoz On May 28, 2017
Stnd w Standing Rock





Wichita, Kansas
#1New Post! Aug 29, 2012 @ 03:29:37
58 percent say the rich don't pay enough in taxes, while 26 percent believe the rich pay their fair share and 8 percent say they pay too much.
https://news.yahoo.com/most-americans-rich-dont-pay-enough-taxes-160833705.html
crazylikeafox On June 02, 2017




McKinney, Texas
#2New Post! Aug 29, 2012 @ 04:48:13
But what percent is "their fair share"?
Willi On August 21, 2018




northinmind,
#3New Post! Aug 29, 2012 @ 04:58:33
everyone making over 250k a year isn't paying their fair share into social security.
USAFPSPRET On December 05, 2013




Cape May, New Jersey
#4New Post! Aug 29, 2012 @ 15:18:37
@shinobinoz Said

58 percent say the rich don't pay enough in taxes, while 26 percent believe the rich pay their fair share and 8 percent say they pay too much.
https://news.yahoo.com/most-americans-rich-dont-pay-enough-taxes-160833705.html



@Willi Said

everyone making over 250k a year isn't paying their fair share into social security.



Polls like this are just opinion pieces and subject to whom the polster spoke, where and why. The 58% cited could be heavily partisan in some respect for any number of reasons. Fact is the top 50% in 2009 paid 97.75% of income taxes while those under that percentile contributed only 2.25% of income taxes. The top 1%, those above your $250K target paid almost 37% of all US income taxes. Data was taken from the IRS and cited by https://ntu.org/tax-basics/who-pays-income-taxes.html

If you want more taxes, perhaps less of an income tax and more use tax would situate people to "pay their fair share".
USAFPSPRET On December 05, 2013




Cape May, New Jersey
#5New Post! Aug 29, 2012 @ 18:14:07
@shinobinoz Said

58 percent say the rich don't pay enough in taxes, while 26 percent believe the rich pay their fair share and 8 percent say they pay too much.
https://news.yahoo.com/most-americans-rich-dont-pay-enough-taxes-160833705.html


To the OP:

The federal income tax and many state level taxes are income progressive in nature, but the totality of taxes from municipal to federal incorporates many static or non-progressive tax formulas that affect everyone. Property taxes are generally local or county driven by the assessed or perceived value of your property asset. Droves of this type of tax are out there that are levied by individual communities, utilities, even some state and federal formulas for non-income related taxing exist.

It doesn't matter what the 58% in this poll think or want. It won't get done under the present taxing systems. Even if income taxes were driven upwards for those making more than $250K, even $150K, it would be a pittance in the scheme of things given the how, where, why and what involving the good and poor use of tax money, not to mention the high level of greed and corruption associated with the politicians, lobbies, unions and special interests that move it.

No one in elected office is going to fix the present tax situation for any moneyed or indigent groups. How would you even address the community and utility based taxes that take in massive amounts of money with no concentration on income or lack of it? A study published way back in 1953 addressed progressive taxes at the federal level and advised then that massive funding problems would eventually arise that could not be addressed by simply taxing the wealthy, even to the point of 100% of any level of income over a fixed base. Did you somehow stumble on the solution?
TenaciousDave On February 11, 2022
The Anus Of Satan





Jeffrey Dahmer's Lunchbox,
#6New Post! Aug 29, 2012 @ 20:45:54
Pcptrvanion On November 10, 2014




Howe, Texas
#7New Post! Aug 29, 2012 @ 22:22:37
I always liked the "Flat Tax".

Everyone's first $35,000 each year is exempt.

Everything over that is hit with a fixed, flat rate.

No exemptions.

No deductions.

How much did you earn over $35,000?

What is x% of that?

Send it in.

The 1040 could be a 3X5 card.
USAFPSPRET On December 05, 2013




Cape May, New Jersey
#8New Post! Aug 29, 2012 @ 23:00:19
@Pcptrvanion Said

I always liked the "Flat Tax".

Everyone's first $35,000 each year is exempt.

Everything over that is hit with a fixed, flat rate.

No exemptions.

No deductions.

How much did you earn over $35,000?

What is x% of that?

Send it in.

The 1040 could be a 3X5 card.


I agree. The fixed flat rate would or could impact several federal, even state-level taxes so that everyone had to contribute something to the country's budgets. There would still be a myriad of community, county, utility and other special taxes still levied, but it would be a good start. This call to tax the rich really accomplishes little to nothing. Its too simplistic to believe such a program will fix anything. Much too complicated and the other side of the equation, spending, must be addressed.
Tar On April 28, 2014




San Antonio, Texas
#9New Post! Aug 29, 2012 @ 23:12:49
@Pcptrvanion Said

I always liked the "Flat Tax".

Everyone's first $35,000 each year is exempt.

Everything over that is hit with a fixed, flat rate.

No exemptions.

No deductions.

How much did you earn over $35,000?

What is x% of that?

Send it in.

The 1040 could be a 3X5 card.



Only one problem with this. The 35K should be adjusted for inflation every year

I believe the legislation exists. Its called

The Fair Tax Legislation
LuckyCharms On July 31, 2021
Magically Delicious





,
#10New Post! Aug 30, 2012 @ 01:17:01
@USAFPSPRET Said

Polls like this are just opinion pieces and subject to whom the polster spoke, where and why. The 58% cited could be heavily partisan in some respect for any number of reasons. Fact is the top 50% in 2009 paid 97.75% of income taxes while those under that percentile contributed only 2.25% of income taxes. The top 1%, those above your $250K target paid almost 37% of all US income taxes. Data was taken from the IRS and cited by https://ntu.org/tax-basics/who-pays-income-taxes.html

If you want more taxes, perhaps less of an income tax and more use tax would situate people to "pay their fair share".



Who cares? Seriously. That stat doesn't mean s*** when the top 1% control/own 40% of the wealth in the nation. Additionally the top 20% own 93% of the country's wealth.

Which leaves 7% for the other 80%.

The wealthy pay less in taxes than in Reagan's time period.

We are going into some serious debt by giving tax welfare to the wealthy.

It's simply not good policy.
shinobinoz On May 28, 2017
Stnd w Standing Rock





Wichita, Kansas
#11New Post! Aug 30, 2012 @ 03:45:48
@USAFPSPRET Said

Polls like this are just opinion pieces and subject to whom the polster spoke, where and why. The 58% cited could be heavily partisan in some respect for any number of reasons. Fact is the top 50% in 2009 paid 97.75% of income taxes while those under that percentile contributed only 2.25% of income taxes. The top 1%, those above your $250K target paid almost 37% of all US income taxes. Data was taken from the IRS and cited by https://ntu.org/tax-basics/who-pays-income-taxes.html

If you want more taxes, perhaps less of an income tax and more use tax would situate people to "pay their fair share".


That only benefits the wealthy though.
raditz On April 07, 2024
Blah





Houston, Texas
#12New Post! Aug 30, 2012 @ 03:51:46
Of course, this is according to people that pay little to no taxes. lol
shinobinoz On May 28, 2017
Stnd w Standing Rock





Wichita, Kansas
#13New Post! Aug 30, 2012 @ 03:51:54
@USAFPSPRET Said

To the OP:

The federal income tax and many state level taxes are income progressive in nature, but the totality of taxes from municipal to federal incorporates many static or non-progressive tax formulas that affect everyone. Property taxes are generally local or county driven by the assessed or perceived value of your property asset. Droves of this type of tax are out there that are levied by individual communities, utilities, even some state and federal formulas for non-income related taxing exist.

It doesn't matter what the 58% in this poll think or want. It won't get done under the present taxing systems. Even if income taxes were driven upwards for those making more than $250K, even $150K, it would be a pittance in the scheme of things given the how, where, why and what involving the good and poor use of tax money, not to mention the high level of greed and corruption associated with the politicians, lobbies, unions and special interests that move it.

No one in elected office is going to fix the present tax situation for any moneyed or indigent groups. How would you even address the community and utility based taxes that take in massive amounts of money with no concentration on income or lack of it? A study published way back in 1953 addressed progressive taxes at the federal level and advised then that massive funding problems would eventually arise that could not be addressed by simply taxing the wealthy, even to the point of 100% of any level of income over a fixed base. Did you somehow stumble on the solution?


Stumble on? No. But with a growing population that is aging and infrastructure that is deteriorating it certainly does not make sense to force a teen to wear clothes from 1st grade nor eating the same amount of food.
Keep in mind that Bush had two UNFUNDED WARS (meaning we borrowed it all) and squandered the nest egg from the right direction Clinton had put us on to provide near historic low taxes that benefitted massively unfairly the top 1%.
shinobinoz On May 28, 2017
Stnd w Standing Rock





Wichita, Kansas
#14New Post! Aug 30, 2012 @ 03:53:01
@Pcptrvanion Said

I always liked the "Flat Tax".

Everyone's first $35,000 each year is exempt.

Everything over that is hit with a fixed, flat rate.

No exemptions.

No deductions.

How much did you earn over $35,000?

What is x% of that?

Send it in.

The 1040 could be a 3X5 card.


Define "earned".
What of off shore tax havens?
shinobinoz On May 28, 2017
Stnd w Standing Rock





Wichita, Kansas
#15New Post! Aug 30, 2012 @ 03:53:55
@Tar Said

Only one problem with this. The 35K should be adjusted for inflation every year

I believe the legislation exists. Its called

The Fair Tax Legislation


It is not really fair though.
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