Should The Rich Be Required To Pay Higher Taxes In the US?

Discussion in 'Politics' started by MathewSmith, Aug 16, 2015.

  1. MathewSmith
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    MathewSmith Senior Member

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    I think the rich should ABSOLUTELY pay more because the majority of them are selfish and don't care about anybody but themselves! Trust me, if you are a millionaire, it is NOT going to hurt you if you just pay a little more in taxes. I believe that if you are a good and righteous person, you would want to help the poor or people that are less fortunate. It's as simple as that! People need to stop being so selfish.
     
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  2. bear513
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    bear513 Platinum Member

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    You go first the IRS accepts donations
     
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  3. Jantje_Smit
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    Jantje_Smit Member of the Politburo

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    Of course they should, but they won't

    Because those same rich are the ones who are buying the politicians to get even more tax cuts so they can create jobs....

    But you already know that

    [​IMG]

    :banana:
     
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  4. gipper
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    gipper Libertarian/Anarchist

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    Due to the enormous corruption and cronyism in our federal government, many wealthy use their expensive lawyers to get out of paying taxes. The current tax code is 70k pages...time for a change.

    Let's go to a simple flat tax. That would eliminate the political class' efforts to enrich their donors/owners.
     
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  5. Ray From Cleveland
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    Ray From Cleveland Platinum Member

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    The top 10% of wage earners in this country already pay over 70% of the collected income taxes in this country. If that's not enough, then how much more should they pay? 75%? 80%? 95%?

    About 45% of our population pays no income tax at all. Maybe it's about time those on the bottom start paying their fare share for a change. And remember, the US is the most generous people in the entire world. We give more of our money to the so-called poor than anybody, and it's not those Wal-Mart people that are giving, it's those greedy millionaires you speak of.
     
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  6. CrusaderFrank
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    CrusaderFrank Diamond Member

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    We should teach all our kids that redistribution has a 100% fail rate. Think of all the "Rich must pay!" posts that would never be made, it would be great for the environment too
     
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  7. Ray From Cleveland
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    Ray From Cleveland Platinum Member

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    I would be behind a progressive consumption tax, that way everybody has a dog in the race. A flat tax doesn't work for a lot of people. For instance, I'm a landlord and I have tons of expenses I have to write-off. Without those write-offs, I would be forced to sell because the property wouldn't produce any profit. Either that or I would have to raise rents so high that people wouldn't be able to afford to live here.
     
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  8. bear513
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    bear513 Platinum Member

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    but but but but... What about local taxes? Those poor bastards in cook county Illinois voted for democrats and now have to pay a 10.25% sales tax...

    Meanwhile I left that place, vote for republicans in South Carolina and only have to pay a 6% sales tax :)
     
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  9. eagle1462010
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    eagle1462010 Gold Member

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    How would your receipts versus expenses change under a Flat Tax system?
    You would still be able to account for costs versus revenues under a flat tax system. Unless you are using loop holes, which everyone does, to find ways of paying less tax.

    How would this force you to raise rents?
     
  10. rightwinger
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    rightwinger Award Winning USMB Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Worked before

    One thing we do know is that Supply Side Economics has been a failure
     
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