Why don't we tax the rich?

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__drmerc__
__drmerc__ Posts: 722 Member
edited November 2014 in Chit-Chat
I mean lets just tax anyone over 1 million dollars at 90%. No one needs that much money.

Even the president agrees with me

https://www.youtube.com/watch?v=k0JkyZx1LdQ

It would create a level playing field for everyone. The rich need to pay their fair share.
«134567

Replies

  • djeffreys10
    djeffreys10 Posts: 2,312 Member
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    Not-sure-if-qe7mth.jpg

    economically illiterate
  • dbanks80
    dbanks80 Posts: 3,685 Member
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    I'm leaving that alone...
  • chivalryder
    chivalryder Posts: 4,391 Member
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    I don't know about the USA, but in Canada, the top 2% of the wealthiest people (I believe it's those who make over $180k/year) account for about 80% of the total income tax the federal government brings in.

    So yeah, I don't complain about the wealthy. Most of the people who have the money earned it, and they pay the highest amount of taxes.
  • UsedToBeHusky
    UsedToBeHusky Posts: 15,229 Member
    edited November 2014
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    Will Obama and the Senate be included in this tax? Or will they yet again determine themselves to be too important to have to be subjected to the same burdens as every other American citizen?
  • dwood1231
    dwood1231 Posts: 275 Member
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    Saying the President agrees with you may not be your best arguement...
  • shadowloss
    shadowloss Posts: 293 Member
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    Happy election day. Make your voice heard through your vote.
  • Tbaby1514
    Tbaby1514 Posts: 216 Member
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    I paid in almost 14% of my salary last year. I don't even wanna hear it.
  • parkscs
    parkscs Posts: 1,639 Member
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    Tbaby1514 wrote: »
    I paid in almost 14% of my salary last year. I don't even wanna hear it.

    God I'm jealous... only 14%?
  • chuckyp
    chuckyp Posts: 693 Member
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    The rich already pay far more than their fair share, and this is coming from a guy who most certainly is not rich. If you really want to level the playing field, everyone should pay the same tax rate instead of penalizing success and subsidizing failure and laziness.
  • fbmandy55
    fbmandy55 Posts: 5,263 Member
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    Better question, how to people who work a small part of the year get back thousands of dollars in tax returns?? Those of us in the middle are lucky to get anything at all...
  • fbmandy55
    fbmandy55 Posts: 5,263 Member
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    chuckyp wrote: »
    The rich already pay far more than their fair share, and this is coming from a guy who most certainly is not rich. If you really want to level the playing field, everyone should pay the same tax rate instead of penalizing success and subsidizing failure and laziness.
    chuckyp wrote: »
    The rich already pay far more than their fair share, and this is coming from a guy who most certainly is not rich. If you really want to level the playing field, everyone should pay the same tax rate instead of penalizing success and subsidizing failure and laziness.

    Amen. My dad is a perfect example of someone coming from nothing who worked their way up, even without a college degree. His tax rate is insane.

    Why would anyone want to work their way up to a better life if you just punish them for it?
  • Tbaby1514
    Tbaby1514 Posts: 216 Member
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    parkscs wrote: »
    Tbaby1514 wrote: »
    I paid in almost 14% of my salary last year. I don't even wanna hear it.

    God I'm jealous... only 14%?

    Only because I have dependents!
  • k8blujay2
    k8blujay2 Posts: 4,941 Member
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    parkscs wrote: »
    Tbaby1514 wrote: »
    I paid in almost 14% of my salary last year. I don't even wanna hear it.

    God I'm jealous... only 14%?

    Right?!
  • k8blujay2
    k8blujay2 Posts: 4,941 Member
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    Tbaby1514 wrote: »
    parkscs wrote: »
    Tbaby1514 wrote: »
    I paid in almost 14% of my salary last year. I don't even wanna hear it.

    God I'm jealous... only 14%?

    Only because I have dependents!

    I have dependents too and we are taxed closer to 30% than 14...
  • k8blujay2
    k8blujay2 Posts: 4,941 Member
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    Honestly though, the rich really don't pay near as much as even the upper middle class does... thanks to tax shelters and tax benefits for things like giving to charities and the like... and honestly, Sweden is one of the happiest countries on earth and the rich pay at least 50% of the taxes, no exemptions.
  • djeffreys10
    djeffreys10 Posts: 2,312 Member
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    __drmerc__ wrote: »
    By taking advantage of the little guy or inheriting all the money. This is a problem created by the koch brothers and corporate america
    __drmerc__ wrote: »
    Why do you hate the poor? Is it a race thing?

    Pretty sure you're just trolling, but still:

    http://finance.yahoo.com/news/pf_article_110333.html

  • UsedToBeHusky
    UsedToBeHusky Posts: 15,229 Member
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    k8blujay2 wrote: »
    Tbaby1514 wrote: »
    parkscs wrote: »
    Tbaby1514 wrote: »
    I paid in almost 14% of my salary last year. I don't even wanna hear it.

    God I'm jealous... only 14%?

    Only because I have dependents!

    I have dependents too and we are taxed closer to 30% than 14...

    It's all about the tax brackets. To be at 14% with dependents, you would be grossing less than 30k a year.
  • Lisa1971
    Lisa1971 Posts: 3,069 Member
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    dwood1231 wrote: »
    Saying the President agrees with you may not be your best arguement...

    :D
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