Bloomberg et.al... "wealthy should pay more taxes"... but what is a "more"?

healthmyths

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Sep 19, 2011
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The same ignorant complaint the truly communist supporters say is what :
Bloomberg Says He Should Pay More Taxes
Bloomberg - Are you a robot?

Do the truly wealthy haters KNOW what the "wealthy" pay already in taxes??
Screen Shot 2019-12-04 at 6.46.59 PM.png

Looking at just federal income tax, the chart shows a system tilted dramatically in favor of the least wealthy. Those in the lowest income quintile, earning up to $23,000 for a single person, actually get money back from the federal government; while middle-class earners in the fourth quintile, with income of $58,000 to $89,000 for singles, pay a rate of 6.7%; and the rich, the top 1% of earners taking home $387,000 or more, pay 23.7%.
How Much Do the Rich Really Pay in Taxes? This Simple Chart Will Tell You

  • In 2016, 140.9 million taxpayers reported earning $10.2 trillion in adjusted gross income and paid $1.4 trillion in individual income taxes.
  • The share of reported income earned by the top 1 percent of taxpayers fell slightly to 19.7 percent in 2016. Their share of federal individual income taxes fell slightly, to 37.3 percent.
  • In 2016, the top 50 percent of all taxpayers paid 97 percent of all individual income taxes, while the bottom 50 percent paid the remaining 3 percent.
  • The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent).
  • The top 1 percent of taxpayers paid a 26.9 percent individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.7 percent).
Summary of the Latest Federal Income Tax Data, 2018 Update

So Warren et.al. want a "wealthy" tax. These people are truly stupid.
Do they think those "wealthy" hide their income under the mattress or in the back yard?
But to pay more in TAXES these wealthy will have to liquidate some of their assets.
Who will be buying them? What will their worth be if they are being sold?
So please tell me... what % of these "evil" wealthy people be charged???
 
They should pay a lot more, since they likely got their wealth by nefarious deeds or sweet heart deals from our corrupt government.

Ears made sure to make the rich richer with his many bailouts, while doing little for the masses.
 
You know what's keeping wealthy Democrats who say the rich don't pay enough in taxes from sending more money to the Treasury voluntarily?

Absolutely nothing.

But it does keep the easily-manipulated Commie base wound up, doesn't it?
 
You know what's keeping wealthy Democrats who say the rich don't pay enough in taxes from sending more money to the Treasury voluntarily?

Absolutely nothing.

But it does keep the easily-manipulated Commie base wound up, doesn't it?

To hear the Bloombergs, Steyer et.al.. billionaires... to say the wealthy aren't paying enough, I share with them this:

Gifts to Reduce the Public Debt
Pay.gov - Gifts to Reduce the Public Debt
Donate to the government...
 
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You know what's keeping wealthy Democrats who say the rich don't pay enough in taxes from sending more money to the Treasury voluntarily?

Absolutely nothing.

But it does keep the easily-manipulated Commie base wound up, doesn't it?

To hear the Bloombergs, Steyer et.al.. billionaires... to say the wealthy aren't paying enough, I share with them this:

Gifts to Reduce the Public Debt
Pay.gov - Gifts to Reduce the Public Debt
Donate to the government...
Odd how they never seem to do that, huh?
 

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