Why the poor should be taxed more heavily.

[Vast LWC]

Question is, what are you going to tax from the poor? They're poor, they have nothing to tax.

Unless of course you wish to tax poor people, which will drive them to being unable to afford simple necessities if they cannot already.

That would be like saying lets tax the rich so they will be encouraged to earn more.

(I do hope you're not serious.)

40% of the people in this country are NOT poor--but they fall under the bar to pay federal income taxes. Either with lots of dependant right-offs--deductions, etc.

They basically get a free ride on the backs of others who acted more responsibly--& earn more.

These are the EXACT same people that continually want to tax--tax--tax the 1% of this country--(the wealthy) who already pay 65% of the entire tax base in this country.

The majority of these people can contribute also--& I don't care if it's $100 to $1000 per year--they need to be "patriotic" (as Joe Biden stated) & get on board.

They don't appear to mind soaring deficits to get everything they want--so they can pay too.

Except for the fact that they pay Payroll Taxes anyway, and since Payroll Taxes have continued to rise over the years, while the Social Security money is spent on things other than social security, even the poor are paying plenty of taxes.

 

[Ravi]

" I am for doing good to the poor, but I differ in opinion of the means. I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it."
-- Benjamin Franklin, November 1776

Just maybe, if the poor were taxed more heavily than the wealthy, it would encourage them to better their position in life so that they could avoid paying so much in taxes.
The government frequently taxes things to discourage it. Things like tobacco and alcohol come to mind. The cap and trade will be a tax to discourage certain types of energy usage the government doesn't want.

Better yet, let's give them two years to get out of poverty and then shoot them if they don't. That will teach them.

 

[Polk]

I think everybody should be taxed the same way - rich or poor. A poor man is just as much of an American as a rich man. Only difference is one has some money and the other has little. So why should the rich man pull the wagon alone? Pony up folks. We should have a flat tax in the US where everybody pays the same taxes. If we did this, at least half of the IRS deadbeats could be fired and save the government loads of cash. Then everybody would be being treated equally.

Do you really believe that, or believe it should only apply to wage income?

 

[Modbert]

Warren Buffett - Wikipedia, the free encyclopedia

Buffett stated that he only paid 19% of his income for 2006 ($48.1 million) in total federal taxes, while his employees paid 33% of theirs, despite making much less money.[93]

The Rich are the ones getting all the dependents, write-offs, etc. The Rich can hire accountants to find these loopholes, etc so they can basically pay little to nothing in taxes.

The poor can write off dependents, but if they didn't they'd be in even worse shape.

Don't even dare say we should give the poor tax cuts either though, people like Glenn Beck will call you Stalin.

 

[alan1]

Wow, just wow.

Did you ever think that what is holding the poor back is the fact that they're poor?

It's pretty hard to invest in your favorite stocks when you're working two minimum wage jobs to feed your kid.

It's also pretty hard to send your kids to a good college when you have no money.

But your brilliant plan is to take away more money from the poor, so they can have even less to work with to try and better their position in life and that of their children.

Great. Good work.

And your plan is what?, to punish success and reward failure? Tell me how that works out for you when you own your own company. Or, next time you go get your car fixed, only pay them if they fuck your car up worse than it was when you took it in.

 

[alan1]

" I am for doing good to the poor, but I differ in opinion of the means. I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it."
-- Benjamin Franklin, November 1776

Just maybe, if the poor were taxed more heavily than the wealthy, it would encourage them to better their position in life so that they could avoid paying so much in taxes.
The government frequently taxes things to discourage it. Things like tobacco and alcohol come to mind. The cap and trade will be a tax to discourage certain types of energy usage the government doesn't want.

Better yet, let's give them two years to get out of poverty and then shoot them if they don't. That will teach them.

Extreme argument.

 

[rightwinger]

I think everybody should be taxed the same way - rich or poor. A poor man is just as much of an American as a rich man. Only difference is one has some money and the other has little. So why should the rich man pull the wagon alone? Pony up folks. We should have a flat tax in the US where everybody pays the same taxes. If we did this, at least half of the IRS deadbeats could be fired and save the government loads of cash. Then everybody would be being treated equally.

I agree totally.
Lets go to a flat 15% tax on ALL income. Make the poor cough up 15% of what they make and make the wealthy cough up 15% of what they make. No exemptions for anyone. No capital gains, no tax exempt investments, no exemptions period.

Guess who will complain the loudest??

 

[The T]

I think a fair tax is the only option. I was quite surprised to learn that a whopping 40% of this country fall under the bar & pay no federal income tax what-so-ever. And that less than 1% of the population in this country pay 65% of the entire tax base. Yet--these same people (under the bar--want the rich to pay more???)

More than likely Obama voters--who continually want their way paid for by others.

A little dose of contributing to this country--may wake them up to reality--& get them to become more productive citizens themselves.

Concur.

 

[Modbert]

I agree totally.
Lets go to a flat 15% tax on ALL income. Make the poor cough up 15% of what they make and make the wealthy cough up 15% of what they make. No exemptions for anyone. No capital gains, no tax exempt investments, no exemptions period.

Guess who will complain the loudest??

The rich would be rioting on the streets. Or rather, they would be sending their help to riot for them.

 

[The T]

If you are speaking of the federal government, I don't approve of the tax setup as it is, As such, I can't say yes to your idea. If you are speaking of the respective states, I would say that is their call.

The federal government has already decided to use taxation as a method to discourage certain behavior. Why haven't they discouraged poverty via taxation if that is such a good method?

They ALREADY do [The Federal Government/Congress], with their excessive REGULATION that puts shackles/Chains on Liberty.

It's really that simple.

 

[pete]

Question is, what are you going to tax from the poor? They're poor, they have nothing to tax.

Unless of course you wish to tax poor people, which will drive them to being unable to afford simple necessities if they cannot already.

That would be like saying lets tax the rich so they will be encouraged to earn more.

(I do hope you're not serious.)

tax their free check and they get less have another kid and get taxed more.

 

[rightwinger]

Yes lets tax everyone equally

A flat 15% tax on all income.
Your tax return would be a straight
How much did you make last year?
Pay the Government 15%

No exemptions for anyone. No tax code. No capital gains exemptions, no child exemptions, no mortgage exemptions.......the thousands of pages of exemptions claimed by the wealthy..... GONE


Who wants to sign up for it?? I will

 

[alan1]

If you knew that if you were going to be taxed 30% if you made less than $40k in income, but only 15% if you made over $40k in income, wouldn't you do your damnedest to earn $40k?

Except when Wealth is concentrated like in this country, that is becoming more and more impossible.

Who Rules America: Wealth, Income, and Power

Here are some dramatic facts that sum up how the wealth distribution became even more concentrated between 1983 and 2004, in good part due to the tax cuts for the wealthy and the defeat of labor unions: Of all the new financial wealth created by the American economy in that 21-year-period, fully 42% of it went to the top 1%. A whopping 94% went to the top 20%, which of course means that the bottom 80% received only 6% of all the new financial wealth generated in the United States during the '80s, '90s, and early 2000s (Wolff, 2007).

Look at Figure 5, just one example of what I'm saying.

As much as you'd like to think that taxing the fuck out of the poor will help them, it won't. What happens to those who are retired? What happens to those who are disabled? The ones who are sick?

By saying we should already burden a group of people further makes about much sense as holding someone's head under water to try and encourage them to escape by themselves.

I just love that whole fallacious argument that tax cuts only benefit the wealthy. According to the percentages, the wealthy still pay a higher percentage in tax than the poor.
So tell me, who is benefiting? Who pays more in taxes, the guy that has his taxes cut from 12% to 10% or the guy that has his taxes cut from 35% to 30%. As far as I can tell, the guy that pays a 30% rate is still paying more in taxes than the guy that has a 10% rate. Seems like pretty simple math to me.

 

[The T]

Yes lets tax everyone equally

A flat 15% tax on all income.
Your tax return would be a straight
How much did you make last year?
Pay the Government 15%

No exemptions for anyone. No tax code. No capital gains exemptions, no child exemptions, no mortgage exemptions.......the thousands of pages of exemptions claimed by the wealthy..... GONE


Who wants to sign up for it?? I will

First point? The Founders NEVER wanted to or MEANT for INCOME to be taxed, PERIOD. Does this escape you? That is a CREATURE of the DEMOCRATS.

 

[Ame®icano]

Yes lets tax everyone equally

A flat 15% tax on all income.
Your tax return would be a straight
How much did you make last year?
Pay the Government 15%

No exemptions for anyone. No tax code. No capital gains exemptions, no child exemptions, no mortgage exemptions.......the thousands of pages of exemptions claimed by the wealthy..... GONE


Who wants to sign up for it?? I will

First point? The Founders NEVER wanted to or MEANT for INCOME to be taxed, PERIOD. Does this escape you? That is a CREATURE of the DEMOCRATS.

Next election - vote libertarian.

 

[Polk]

Did Tommy just slip up and admit 1860s Republicans would be Democrats today?

 

[xotoxi]

Tax the poor...

Take, for example, a single non-smoker without kids who earns $10 hour. That is $20,800 per year working 40 hours a week for 52 weeks a year.

Say they pay $500 per month on rent...$6000 annually.

Utilities, phone, cable: $200 per month...$2400 annually.

Food would be $200 per month...$2400 annually.

Clothes maybe $1000 per year.

Assuming used car without payments, probably $2000 for the year in maintenance and repairs.

Car insurance: $1000 annually.

Fuel for the car (assuming 12,000 miles at 25 MPG) would be $1440 annually.

So how much of their remaining $4560 would you like the Federal Government to take?

Remember...this person would be without health insurance. If they were able to get health insurance from their employer, they would likely be paying probably about $1200 annually for their premiums.

You may say "Why don't they get a better job that pays more than $10 per hour?"

Okay...how do you do that?

Likely they will need to get training in another field, maybe college. Where do they get the money for that?

Maybe they just apply for a job that pays more...where are those jobs?

Start a business? With what capital?


So this is the dilemma of many hard working Americans that just aren't as well off as others. And you want to tax them to teach them some kind of lesson?


P.S. I think I was pretty conservative on my estimated expenses...maybe, maybe not. If you have other thoughts on my numbers, please discuss.

 

[rightwinger]

If you knew that if you were going to be taxed 30% if you made less than $40k in income, but only 15% if you made over $40k in income, wouldn't you do your damnedest to earn $40k?

Except when Wealth is concentrated like in this country, that is becoming more and more impossible.

Who Rules America: Wealth, Income, and Power

Here are some dramatic facts that sum up how the wealth distribution became even more concentrated between 1983 and 2004, in good part due to the tax cuts for the wealthy and the defeat of labor unions: Of all the new financial wealth created by the American economy in that 21-year-period, fully 42% of it went to the top 1%. A whopping 94% went to the top 20%, which of course means that the bottom 80% received only 6% of all the new financial wealth generated in the United States during the '80s, '90s, and early 2000s (Wolff, 2007).

Look at Figure 5, just one example of what I'm saying.

As much as you'd like to think that taxing the fuck out of the poor will help them, it won't. What happens to those who are retired? What happens to those who are disabled? The ones who are sick?

By saying we should already burden a group of people further makes about much sense as holding someone's head under water to try and encourage them to escape by themselves.

I just love that whole fallacious argument that tax cuts only benefit the wealthy. According to the percentages, the wealthy still pay a higher percentage in tax than the poor.
So tell me, who is benefiting? Who pays more in taxes, the guy that has his taxes cut from 12% to 10% or the guy that has his taxes cut from 35% to 30%. As far as I can tell, the guy that pays a 30% rate is still paying more in taxes than the guy that has a 10% rate. Seems like pretty simple math to me.

The guy who sees his taxes cut from 12% to 10% sees $600 savings

The guy who has his taxes cut from 35% to 30% sees $5 Million savings

 

[alan1]

Yes lets tax everyone equally

A flat 15% tax on all income.
Your tax return would be a straight
How much did you make last year?
Pay the Government 15%

No exemptions for anyone. No tax code. No capital gains exemptions, no child exemptions, no mortgage exemptions.......the thousands of pages of exemptions claimed by the wealthy..... GONE


Who wants to sign up for it?? I will

Will Warren Buffet be allowed to pay 19% if he wants to?

 

[alan1]

Except when Wealth is concentrated like in this country, that is becoming more and more impossible.

Who Rules America: Wealth, Income, and Power



Look at Figure 5, just one example of what I'm saying.

As much as you'd like to think that taxing the fuck out of the poor will help them, it won't. What happens to those who are retired? What happens to those who are disabled? The ones who are sick?

By saying we should already burden a group of people further makes about much sense as holding someone's head under water to try and encourage them to escape by themselves.

I just love that whole fallacious argument that tax cuts only benefit the wealthy. According to the percentages, the wealthy still pay a higher percentage in tax than the poor.
So tell me, who is benefiting? Who pays more in taxes, the guy that has his taxes cut from 12% to 10% or the guy that has his taxes cut from 35% to 30%. As far as I can tell, the guy that pays a 30% rate is still paying more in taxes than the guy that has a 10% rate. Seems like pretty simple math to me.

The guy who sees his taxes cut from 12% to 10% sees $600 savings

The guy who has his taxes cut from 35% to 30% sees $5 Million savings

The question was who pays more in taxes.
Try and keep up.