Why should the rich pay taxes at a lower rate than the rest of us?

[Chris]

Here's a solution: let's lower tax rates for those of us who are Not Billionaires instead of raising taxes on a small handful of people in a "burn the witch" ritual.

You did not answer the question.

Why should the rich pay taxes at a lower rate than the rest of us?

you didnt qualify your question properly, as it is a broad statement, with no ability to relate to an exact person or even a group of persons.

It all boils down to investment income vs. wage income, and specific deductions taken based on losses, investments, and living locations.

So ask a better question and you may get an answer.

Did you bother to look at the article?

Why should the Forbes 400 pay taxes at a lower rate than the rest of us?

 

[Oddball]

You did not answer the question.

Why should the rich pay taxes at a lower rate than the rest of us?

I just answered the question right there...It's just that you're too thick-headed to read for comprehension.

No you didn't.

Why should the rich pay taxes at a lower rate than the rest of us?

Why are you such a blatantly stupid sumbitch?

 

[Chris]

I just answered the question right there...It's just that you're too thick-headed to read for comprehension.

No you didn't.

Why should the rich pay taxes at a lower rate than the rest of us?

Why are you such a blatantly stupid sumbitch?

Insults are not convincing arguments.

And I am not stupid.

Why should the Forbes 400 pay taxes at a lower rate than the rest of us?

 

[Dr.Drock]

Can't you guys at least rehash a different talking point? This one is already getting old and you'll be using it all over the campaign trail.


Rehash the one about the Patriot Act being evil, oh whoops, Obama expanded on it.

Rehash the one about how we shouldn't go to war unless it's for defense, oh whoops, Libya.

Well nevermind, the old ones are just as stupid as this one.

Press on.

 

[Oddball]

No you didn't.

Why should the rich pay taxes at a lower rate than the rest of us?

Why are you such a blatantly stupid sumbitch?

Insults are not convincing arguments.

And I am not stupid.

Why should the Forbes 400 pay taxes at a lower rate than the rest of us?

You are stupid -blatantly so- and the Forbes 400 don't pay lower rates on their investment incomes that do the smaller investors....Those and the rates for wage/salary incomes are the same no matter who you are...Some merely have more deductions than others.

Lenin had an apropos description for party man parrots like you: Useful idiots.

 

[asaratis]

Why should the poor pay any different rate from the middle class, or the rich, or the upper middle class, or whatever other class??

When there is a call for equal treatment by government under law, it is not just supposed to apply to the situations that benefit you, and to then throw it away in the areas that don't benefit you....

But that is EXACTLY what the likes of Chrissy suport

You did not answer the question.

Why should the rich pay taxes at a lower rate than the rest of us?

Your question is misleading and relatively stupid...as are most of your posts that I have read.

Obama is comparing income tax and capital gains tax. Apples and oranges. Income tax rates increase as taxable income increases. Some investors choose to have no taxable income and support themselves with capital gains revenues that are taxed at different rates.

This is just another bullshit argument from the Marxist....being swallowed whole by his dumbass supporters.

He has presented nothing new in this great jobs-killing plan he sent to congress. He and all of his economic advisers should be sent packing.

 

[boedicca]

Here's a solution: let's lower tax rates for those of us who are Not Billionaires instead of raising taxes on a small handful of people in a "burn the witch" ritual.

You did not answer the question.

Why should the rich pay taxes at a lower rate than the rest of us?

We all have the same rates available to use for different types of income.

Why should public policy be aimed at punishing a few people who have been behaving in a perfectly legal way?

That's what got us AMT. It started out as a way to make a couple dozen millionaires pay taxes, and now it affects millions of middle class people. Why? Because that is where the money is. The Buffett tax is estimate to raise $19B - which is a pittance compared to the deficit. It is just a pretext to raise tax rates For Everyone.

 

[DontBeStupid]

This is the question no Republican will answer.

I'm a little surprised they won't, since their leaders have a stock answer prepared for just a situation.

Why do the rich pay a lower rate? Because according to the GOP, the rich are the job creators. If you tax them higher, they will create less jobs. Period. Full stop.

Now, as to why investment income is taxed differently than regular income, well, the answer is the same. According to the GOP, investors create jobs and if you tax them higher they won't create jobs. Period. Full stop.

Notice, nothing in there about customers. Kinda interesting.

 

[Mr Natural]

This is the question no Republican will answer.

I'm a little surprised they won't, since their leaders have a stock answer prepared for just a situation.

Why do the rich pay a lower rate? Because according to the GOP, the rich are the job creators. If you tax them higher, they will create less jobs. Period. Full stop.

Now, as to why investment income is taxed differently than regular income, well, the answer is the same. According to the GOP, investors create jobs and if you tax them higher they won't create jobs. Period. Full stop.

Notice, nothing in there about customers. Kinda interesting.

The Bush tax cuts are still in effect.

So where are the jobs?

 

[DontBeStupid]

This is the question no Republican will answer.

I'm a little surprised they won't, since their leaders have a stock answer prepared for just a situation.

Why do the rich pay a lower rate? Because according to the GOP, the rich are the job creators. If you tax them higher, they will create less jobs. Period. Full stop.

Now, as to why investment income is taxed differently than regular income, well, the answer is the same. According to the GOP, investors create jobs and if you tax them higher they won't create jobs. Period. Full stop.

Notice, nothing in there about customers. Kinda interesting.

The Bush tax cuts are still in effect.

So where are the jobs?

Oh I hear ya! I'm just giving the GOP viewpoint on this since they won't. For some reason.

As for where are the jobs, the GOP believe it is due to Obamacare and its "crushing regulations" that are to be implemented in a few years. This was enough to terrify all businesses in to ignoring any possible returns on investment and to sit on cash instead.

 

[Oddball]

As for where are the jobs, the GOP believe it is due to Obamacare and its "crushing regulations" that are to be implemented in a few years. This was enough to terrify all businesses in to ignoring any possible returns on investment and to sit on cash instead.

The utter stupidity of that statement is positively breathtaking.

ALL businesses listened exclusively to GOP talking points, the upcoming potential consequences of a $1 trillion+ entitlement program, that nobody knew what it contained until after it passed, completely notwithstanding.

You sure are giving old Chrissy a real run for his money in the race for USMB's crackpot jackpot.

 

[boedicca]

As for where are the jobs, the GOP believe it is due to Obamacare and its "crushing regulations" that are to be implemented in a few years. This was enough to terrify all businesses in to ignoring any possible returns on investment and to sit on cash instead.

The utter stupidity of that statement is positively breathtaking.

You've got to give him 10 Points For Consistency.

 

[driveby]

WASHINGTON, D.C.--The 400 highest-earning taxpayers in the U.S. reported a record $105 billion in total adjusted gross income in 2006, but they paid just $18 billion in tax, new Internal Revenue Service figures show. That works out to an average federal income tax bite of 17%--the lowest rate paid by the richest 400 during the 15-year period covered by the IRS statistics. The average federal tax bite on the top 400 was 30% in 1995 and 23% in 2002.

Richest 400 Earn More, Pay Lower Tax Rate - Forbes.com

The rich pay a lower rate on income taxes? Since when? .......

You did not answer the question.

Why should the rich pay taxes at a lower rate than the rest of us?

Yes i did, they don't pay a lower rate of income tax, liar......

 

[DontBeStupid]

As for where are the jobs, the GOP believe it is due to Obamacare and its "crushing regulations" that are to be implemented in a few years. This was enough to terrify all businesses in to ignoring any possible returns on investment and to sit on cash instead.

The utter stupidity of that statement is positively breathtaking.

ALL businesses listened exclusively to GOP talking points, the upcoming potential consequences of a $1 trillion+ entitlement program, that nobody knew what it contained until after it passed, completely notwithstanding.

You sure are giving old Chrissy a real run for his money in the race for USMB's crackpot jackpot.

What did I get wrong? That's GOP talking point. No business is hiring and expanding because of the "fear" from Obamacare. Even though, it's been over a year now and we all know what's in Obamacare and when it will be implemented.

 

[driveby]

What specifically is their "fair share" ? A question no democrat will answer.......

 

[DontBeStupid]

The rich pay a lower rate on income taxes? Since when? .......

You did not answer the question.

Why should the rich pay taxes at a lower rate than the rest of us?

Yes i did, they don't pay a lower rate of income tax, liar......

Income that is derived from investments is taxed much lower than if you worked a job to earn the income.

 

[Mr Natural]

What specifically is their "fair share" ? A question no democrat will answer.......

What specifically is a fair wage for an autoworker, or a coal miner, or a cop, or a teacher?

A question no republican will answer......

 

[DontBeStupid]

What specifically is their "fair share" ? A question no democrat will answer.......

I've answered it multiple times.

What percentage of total income (all sources) do the top 10% of earners make?
Is that the same percentage of total taxes (all sources) that those 10% pay?

If they don't match, there's a problem.

 

[DontBeStupid]

What specifically is their "fair share" ? A question no democrat will answer.......

What specifically is a fair wage for an autoworker, or a coal miner, or a cop, or a teacher?

A question no republican will answer......

Actually, I believe Bachman answered that by pushing to remove the minimum wage. Her opinion is that a fair wage for those positions is $0.

 

[Quantum Windbag]

WASHINGTON, D.C.--The 400 highest-earning taxpayers in the U.S. reported a record $105 billion in total adjusted gross income in 2006, but they paid just $18 billion in tax, new Internal Revenue Service figures show. That works out to an average federal income tax bite of 17%--the lowest rate paid by the richest 400 during the 15-year period covered by the IRS statistics. The average federal tax bite on the top 400 was 30% in 1995 and 23% in 2002.

Richest 400 Earn More, Pay Lower Tax Rate - Forbes.com

They don't.

That was a statistical anomaly that occurred because of an unusual amount of capital gains income that year.