auditor0007
Gold Member
It was their money to begin with. They earned it.
When are you on the left going to realize that taxes burden the American people with labor they have to pay the government before they can take care of themselves? The money is theirs.
At what point have they paid their fair share?
At the point that they at least pay a representative percentage in taxes based on their income. While everyone on the right loves to throw out the fact that the wealthy pay most of the income taxes, they miss the true facts. When we look at the federal government, we need to look at all taxes and all revenue, not just a portion that is less than half.
When all forms of taxation are included into revenues, the top 10% only pay 30% of all federal taxes. And that is definitely unfair, because the top 10% take in 45% of all income. They are undertaxed and because of this, they have accumulated enormous amounts of wealth while the rest of Americans have seen their incomes stagnate or diminish. This is not about stealing from the rich; it's about making them pay their fair share. All I hear on this board is how we have a spending problem, which we do. However, revenues have fallen 30% in the last ten years as a percentage of GDP, so we definitely have a revenue problem also. But God forbid we should suggest asking the wealthy to pay a fair share. Instead, we see ridiculous examples of how the wealthy pay 70% out of 40% of all revenues, while paying next to nothing out of the other 60% of revenues.