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

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

  1. danielpalos
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    danielpalos Gold Member

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    I am advocating for ending our War on Drugs, instead.
     
  2. danielpalos
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    danielpalos Gold Member

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    The one percent can afford to have artificial persons, "work hard" and pay their tax, for them.
     
  3. Xelor
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    Xelor Gold Member

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    Show me the figures that indicate over half the working population, or even over half the population is "impoverished to the point that they pay no taxes."
     
  4. danielpalos
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    danielpalos Gold Member

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    How much of an actual Burden is the personal income tax on the one percent, as a percentage of income, when compared to the poor?
     
  5. danielpalos
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    danielpalos Gold Member

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    It is just as meaningless as, "the poor pay no income taxes".
     
  6. danielpalos
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    danielpalos Gold Member

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    Misguided public policies.

    Jim Crow is one, egregious example.
     
  7. regent
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    regent Gold Member

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    Perhaps the rich should not pay any taxes, after all they made America and did the hard work. Next time you see a worker digging up the street, sweating in labor, think of how could we expect him to pay taxes?
     
  8. Xelor
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    Xelor Gold Member

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    I don't think anyone -- liberal or conservative -- who actually understands economics and wealth creation sees Keynesian or any other economic model as a zero-sum proposition. For that proposition/assumption to be so, the increases in GDP would have to attributable entirely to inflation as the total sum of money and resources available to be owned by anyone would have to be fixed from time immemorial and forever into the future. The very fact that the middle class emerged while wealthy people's wealth continued to increase is clear evidence that the zero-sum idea is utter poppycock.

    Might there be people who actually do think any economic models are indeed zero-sum "games?" I suppose there are, but why would anyone who actually does understand economics and wealth creation, and who isn't a teacher of economics/finance, waste their time discussing economic, fiscal and financial policy with those people? I mean, really. At some point, one must realize one is interacting with an economic ignoramus and just "cut bait" and move on. As Rothbard said:

    It is no crime to be ignorant of economics, which is, after all, a specialized discipline, and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.
    ― Murray N. Rothbard​
     
  9. thereisnospoon
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    thereisnospoon Gold Member

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    The war on drugs? Deflect much?
     
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  10. thereisnospoon
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    thereisnospoon Gold Member

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    Not meaningless. Because the poor DO NOT pay net income taxes.
    They are the recipient class. They have no skin in the game. The poor have a right to vote. And with that, they also have the ability to vote for their pwn pay raises by electing the people to government with the power to give them something.
    it is about time those who can vote themselves more handouts be made part of the system.
     
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