Middle Class Law Suit for being forced to subsidize the Rich with taxes.

Discussion in 'Economy' started by KissMy, Dec 7, 2012.

  1. KissMy
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    KissMy Free Breast Exam

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    The Middle Class should a class action law suit against Plutocrats & the Rich for being forced to subsidize the Rich with taxes. Strip them of the wealth they have acquired via the tax subsidy, racketeering & unfair business trade practice. Are there any lawyers here that will help file?

    Facts from the IRS: From 2001 to 2007 the people with the highest income got the biggest percentage cuts in their actual tax payments. The middle class had to subsidize the rich even more than before. It is time to end the tax subsidy to the rich. The middle class is tired of carrying your fat ass along with the poor. Get off the back of the Middle Class & help us carry the poor.

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    If a rich person Mitt Romney only pays 13% & a middle class person KissMy pays 28%, the middle class is subsidizing the rich.

    It is the same as when tax on ethanol was 25 cents a gallon & gasoline tax was 45 cents a gallon. You people screamed that we were subsidizing ethanol even when ethanol was being taxed.

    There is no way in hell a middle class person paying 28% tax can produce widgets cheaper than a rich person only paying 13% tax. This tax rate causes the middle class to go out of business & the rich takes over the entire market. The middle class business owner & workers are forced into poverty & onto the government dole that the rich refuses to pay for.
     
    Last edited: Dec 7, 2012
  2. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    It's nice to dream..
     
  3. Oddball
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    Oddball BANNED Supporting Member

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    Seems to me you should be bitching about the taxes on wages and salaries being too high, not investment and cap gains incomes (which is what most retirees live off of) being too low.

    Hmmmm?
     
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  4. martybegan
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    martybegan Gold Member

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    How is it subsidizing when the rich person is still paying multiples in actual cash value in taxes than said middle class person.

    I thought taxes were to create revenue for government, not a pissing contest to see who pays what percentage.

    Government is paid for by money, not percentages.
     
  5. KissMy
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    KissMy Free Breast Exam

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    Well you THOUGHT WRONG!

    Subsidy Definition from Merriam Webster Dictionary:

    Financial assistance, either through direct payments or through indirect means such as price cuts and favorable contracts, to a person or group in order to promote a public objective. Subsidies to transportation, housing, agriculture, mining, and other industries have been instituted on the grounds that their preservation or expansion is in the public interest. Subsidies to the arts, sciences, humanities, and religion also exist in many nations where the private economy is unable to support them. Examples of direct subsidies include payments in cash or in kind, while more-indirect subsidies include governmental provision of goods or services at prices below the normal market price, governmental purchase of goods or services at prices above the market price, and tax concessions. Although subsidies exist to promote the public welfare, they result in either higher taxes or higher prices for consumer goods. Some subsidies, such as protective tariffs, may also encourage the preservation of inefficient producers. A subsidy is desirable only if its effects increase total benefits more than total costs.
     
  6. martybegan
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    martybegan Gold Member

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    ooh! a dictonary definition! That really defines policy...

    Again, taxation is to finance the government. It is not to create social policy, or create a measure of fairness.

    To me taxation is about money. Rich people pay more of it, each one supporting multiple lower paying taxpayers. It is the rich that subsidize the less well off in our government. That is the whole concept of a progressive tax system. If a person pays 100x the average tax bill, THEY are subsidizing the other 99 people, no matter what percentage they pay.
     
  7. KissMy
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    KissMy Free Breast Exam

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    Wrong again! - Un-even tax rate policy takes from the higher rate payers & helps the lower rate payers. It is anti competitive for the highest rate payer. That is a FACT regardless of how you feel about it.
     
  8. martybegan
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    martybegan Gold Member

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    It is not a fact, it is an opinion. The FACT is even if a higher earner is paying a lower rate, they are paying more money. By paying more money they are funding more of the government compared to someone paying less money, hence subsidizing.

    Your OPINION also assumes the government cannot just SPEND LESS with the current income they have. You ASSUME the money belongs to the government to begin with, and its just a matter of who gets to pay how much. You also ASSUME percentage is what determines subsidizing, when it is actually VALUE that determines who pays more for the same government.

    Glad to help you.
     
  9. Si modo
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    Si modo Diamond Member

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    The top 10% income earners pay for ~70% of the personal income tax revenues, and have been doing so for years.



    Now, What the hell are you going on about?
     
  10. KissMy
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    KissMy Free Breast Exam

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    Quick Question.

    Were we subsidizing Ethanol because we were taxing it 23 cents less per gallon than gasoline?
     

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