Higher taxes for the Richer?

Sharpy

Sharpy

Active member
What are the different views on whether it is right to tax the rich more than the poor. Should the rich have to support the country more than the poor?

 
They should. It makes sense.

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MiKeE: If Shaun White is hot I hope I'm ugly.

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hoodratz47: sweet your now black....
 
More accurately should the rich have to support the poor.

Politicaly Active Since 1992

Drivin that Train
 
yes, one of my only left views, the rich need to have the shit taxed out to them

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yes.. i once found my freind on acid under a blanket and wearing a loin cloth made out of bannna peels

hoodratz47
 
The rich already are taxed more than the poor, as they should be. They benefit most from living in this country, they should be supporting it with funds more than others.

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I think that in order for a society to exist, the rich must be taxed more than the poor so that the poor have a likelier chance of moving up in wealth.

 
i think everyone should be taxed equally at a certain percentage. also, tax breaks should be an equal percentage of tax you pay.

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'I am so smart, I am so smart. S-M-R-T, wait no, S-M-A-R-T!'
 
dosent make sence, lower taxes for the risher sound stupid but it DOSE make sence. People who have more money do what? spend more money. So lets say 5% of the wealthy people in the US get a tax cut. Now they will spend alot more therefor they pay alot mroe in taxes. So its an incentive

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duh...that was kind of a dumb question

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nice spelling pal. Yeah that worked in new york but what happened when harris tried it? Didn't work did it. yeah, nice try though

 
The rich will always be taxed more than the non-rich people. 96% of US income taxes are paid by the top 50% of wage earners. And I think the top 2% of wage earner pay 50% of the taxes. I think tax cuts for the rich will end up boosting the economy in some ways.

Still If I were a ric person, and I worked my ass off my entire life in school and in my job, I really wouldn't want to see over half of my money go away.

 
the rich are rich for a reason.. in most cases they worked hard for that money and should beable to do what they want with it. they should not tax the shit out of them, to give it to poor people that are losers and dont try that hard at life. ha

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^wow, so i guess everyone thats poor are losers and don't try hard at life.

go listen to some emo. those whiny guys feel your pain. -linemaverick5...

 
You can try taxing the rich even more, but the truth is you can't beat the rich. They are rich for a reason. If you continually tax them even more they will take their business elsewhere and invest it in foreign markets (hurting American economy even further).

A clear example of this can be seen in California. With all the huge taxes, workman's comp, and liability insurance that has come into effect in California it has only hurt it. It's just not worth it.. so what do people do? They establish their business in Nevada or any other cheaper states.

We should be shaking the hands of the rich instead of pointing our finger and yelling that they should be paying higher taxes. Let us not forget that the rich are the business owners, they are the ones that provide jobs for us, they take the risks and are liable, they also take the risks of investing their money in American markets, they develop, they pay over 90% of our national taxes, and they are the ones that stimulate our economy and have made America what it is today.

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This is an issue where people will vote out of their pocketbooks for the majority. I personally think the rich get taxed plenty. They get taxed so much sometimes its worth it to make less many so your in a lower tax bracket. There are already 33% and 50% tax brackets how much higher would you possibly go than someone paying more then half their money each year in taxes. Next time you invest 20 years of your life through schooling or higher learning to get a very high paying job and they take half of your paycheck I think you would be very pissed off. Of course every person who isn't a beneficerary of someone wealthy will just say keep taxing them, eventually we can bankrupt them and then you can count on them not paying lots of taxes anymore

God is an American.
 
in most cases u have to work hard to be rich. and thats most people goals, to be succesful. so y would you 'punish' the succesfule?

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The people that make the most money are low profile... because it's not how much money you make that counts, it's how much money you take home. The trick is to personally not make much money at all; however, you can set up a corporation with different branches that own everything. Your car that you drive is not owned by you, but by the corporation - along with property you own and investments.

The beautiful thing about a corporation is the control that you have therein. You can always shuffle money around and decrease/increase your wages to counter things. In a perfectly legal sense you can pay little to no taxes at all.

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^ I believe it's called an 's' corporation. not everyone would benefit from those and there are a bunch of criteria to meet but they only get taxes once at the end of year. whereas a regular corporation gets taxed and then the income you take home gets taxed aswell.

God is an American.
 
yeah, I know exactly what you're talking about. I actually help set up our corporation and am vp of it. An s corp can be a great way to go. As far as not suitable for everyone, you are correct. If you are just an average joe working for someone else and don't have many assets/property then it's probably not right for you. Although for business owners, it's a great way to go.

And also, there are hundreds of different possibilties on ways you can set it up that works best for you. S corp's branching with a C corp etc etc.

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Yeah and with an S coroporation you can have uup to 100 shareholders and actualy have investors making it an L.L.C and if you go bankrupt say sorry to the investors and have a nice day.

God is an American.
 
haha it's a beautiful thing. So where'd you learn about this ice-is-scary?

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My dads working on this thing right now where instead of leaving me a bunch of money when he dies, hes gonna gift me 15k a year from a fund that gets paid back from his life insurance policy when he dies and since he gifts me money every year instead of a lump some one day the government doesnt get their piece of the pie.

God is an American.
 
I've taken a few business classes in college. my professor was a very smart woman and was telling us all kinds of ways to play with other peoples money instead of your own.

God is an American.
 
the issue is so clear to californians isnt it?

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itsbackfliptime, the top 10% richest people in america pay about 55% of the taxes. They have more money combined than most people would think. That leads us to the middle class which then leads us to the poor. There is no way the poor has more than the rich if you factor in the middle class. (im a little hazy on it but i think that the rich are considered 250000 and above.)

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'I am so smart, I am so smart. S-M-R-T, wait no, S-M-A-R-T!'
 
Here are the categories

Underclass=Percentage of pop. 4% under 10k

Working Poor= Percentage of Pop 16% under 16k

Working Class=Percentage of pop 30% around 30k

Lower Middle=Percentage of Pop 34% around 50k

UpperMiddle=Percentage of Pop 15% 100k+

Capitalist= Percentage of Pop 1% 500k+

The capitalist class is worth more than the entire bottom 90% of the nation and they own 40% of the nations welath

God is an American.
 
this is one of my right sides... bascially because you really dont have much say as to where your money is going and most of it is probably going to be wasted anyway. so uh yeah, flat tax or something...

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thanks ice_is_scary, i must have been looking at a different chart.

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'I am so smart, I am so smart. S-M-R-T, wait no, S-M-A-R-T!'
 
yeah im the wanna-be paper-or-plastic enviro-punk JD was making fun of in that other thread.

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You know the Nazis had pieces of flair that they made the Jews wear.

once back when i was a fetus i was aborted. it didn't hurt at all, but i was also high on life at the time. - thisangelicrage

its not rape....its surprise sex. you wake up and SURPRISE you had sex with me haha - huckster989

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The following post is a piece of shit.
 
tax cuts for the poor would help, they have a larger marginal propensity to consume (mpc) meaning they spend a higher percentage of their tax cut than the rich do

dont worry about what i can or cant do, worry about what you cant do to me
 
haha mpc... that was definitely a part of my econ class last year that i immediately forgot

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You know the Nazis had pieces of flair that they made the Jews wear.

once back when i was a fetus i was aborted. it didn't hurt at all, but i was also high on life at the time. - thisangelicrage

its not rape....its surprise sex. you wake up and SURPRISE you had sex with me haha - huckster989

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ok lets think through this: how much taxes do poor ppl pay......hmmmmmmmm almost jackshit. howmuch do hardworking affluent people pay like my parents and millions of others........a shit load.

ok so who would it make sense to get a tax cut, someone who pays alot of taxes, or some crackhead single mom who just gets doles from the government for everything and pays no taxes.

if youre anywhere in your right mind youd say number 1

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you live in the states, you don't even pay that much tax. My dad pays 51 percent of his income towards taxes and we're not biter about it. We have more than enough and we're definitly not rich. Stop being a whiney little bitch and be thankful for what you have. So what poor people pay less they have less and its not just the poor who benefit from social welfare programs. You for example are not very intelligent, its not your fault and its unfortunate but unimportant. If it weren't for your parents affluence you would deffinitly be heavily reliant on social welfare because a)you suck at life B) you're the load your mother should have swallowed C) You would end up working at micky d's and D) Your father should have pulled out early

 
what a typical liberal response..........also in canada you have to pay higher taxes due to you socialist cough cough communist government. i was throwing that question out to americans thank you very much sir

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I respected the guy until skibrdginbitch was telling me how she 'dated' him for her two weeks at camp. Hahaha god, I dont know whether to feel worse about skibrdginbtch being an idiot, or TJ and his new batch of STD's- dspin7x
 
My parents are quite well-off and we get a little over 50% taxed. We are still well-off, higher taxes for the rich does not make them poor. They are still going to have more money than the poor people do. And I can bet that the top 2% of the wealth in the US doesn't pay much taxes at all. My mom owns a business and she probably writes off around 30% of her taxes. The extremely rich have many many lawyers and business people doign this for them and as a result find many loopholes and they cheat the system as much as the 'crachhead single mom'.

 
I'm glad some people have taken Econ classes, listen to what they said. It all makes perfect sense. And ATLANTASKI finally made a half way almost intelligent point.

And if you ever want an easy major in college, pick Econ. The first two classes, Mirco and macro Econ are the hardest, after that it is cake.

 
Except for QuickFlash, his point is BS. They may spend more of their tax cut, but when there tax cut is only 3 digits, it really doesnt matter. There have been tons of studies on all of this, go search Google, its alot easier than arguing about it on here.

 
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Unfortunately the mainstream media is just about as one-sided as Micheal Moore is anymore. With the exception of Fox News, they're a little better.

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I think I'm going to go watch the Disney cartoon version of Robin Hood right now. I can't believe that communist propaganda was printed in the US.

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And I'm a pacifist / So I can fuck your shit up

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Unfortunately the mainstream media is just about as one-sided as Micheal Moore is anymore. With the exception of Fox News, they're a little better.

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Skibum 'I doubt that top 2% in this country pays much taxes at all.' I hope that was a joke I realise they have many ways of getting tax deductions but even so, there are about 3 million people in this country that make 500k+ a year and they all pay 50% tax you do the math.

God is an American.
 
tax the hell out of them rich ass fucks

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Skibum -

it's not cheating the system, but instead, using the system. First off, you must understand something; the majority of congress and lawmakers are wealthy, and therefore have designed a system to cater to their own interests. While they do in fact write many laws looking out for the smaller guy, it's a given that they will give themselves tax breaks.

They specifically wrote these laws with full knowledge of the loopholes - and they use them themselves.

It's not seclusive. These tax breaks and loopholes are available to everyone. Yes, even the lower class can take full advantage of these breaks. But do they? No. The reason for this is because the majority of the lower class chooses to be uninformed. They have little interest in taxes, government, and how it operates. There are overwhelming statistics which clearly demonstrate such.

Apathy - one of the dividing factors that seperate those who are successfull and those who are not.

People who have millions at stake make it their business to stay informed. They will read countless articles, they will hire lawyers, they will go to seminars, and they will take advice if only it means learning one new tax break - for that alone could save them hundreds of thousands of dollars.

Regardless, the top few percent of the rich will still pay for the majority of the taxes - there is no way around that. Whether it's property tax, sales tax, income tax, or estate tax, one form or another, they will pay millions more than the rest of us combined. These lawmakers realized this and want to encourage the wealthy to continue business in the United States. So, they designed tax breaks and loopholes as a form of incentive. They will still pay millions, but it's a 'reward' system and it works.

Sure, you could try shunning the rich. You could penalize them even further. Let's ignore the fact that they have mostlikely worked hard for their money. They have done what most people wouldn't. Even if they didn't work hard for their money and had it handed to them, it's still a struggle to hold on to it. For a fool and his money are soon parted. They will lose their money if they are not smart about it. So, let's forget about this for a second and decide that the rich should pay 80% of their money in taxes.. Before, they had 100 million and can now keep 20 of it. They still have 20 million! That sounds like comfortable living to me. Now, let's look at the effects of this move realistically.

Realistically, if someone had just taken 8/10 of the money you had saved up because they felt you had too much money and should share it. How would you feel? Infuriated. Would you want to do business with that person? No. By the way, let's not forget that the rich control the economy. It's true. What they do with their money effects all of us. Realistically, they would be sickened with the governement and would try and protect their money. They would not let this happen again. So, they would move their money to offshore accounts. They would pull their money out of America and invest in foreign markets.

Do you realize what this would do? It's no longer practical for this rich man to run his business in the United States. Simply, he can't afford it. Guess what? This man is your boss, which means you are now out of a job. Say goodbye to your paycheck... and good luck finding a job where you make half of what you did - for the whole economy took a direct hit. The whole nation would only farther plummit into debt, for it has now lossed the sole backbone of the economy. But hey, it sounds like a good idea to me.

Once again, could you please remind me how using the laws that were specifically deisgned to provide tax breaks for EVERYONE (not just the rich) is cheating the system?

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