Right-Wing Challenge: Fair Income Tax For The Top 50% vs Bottom 50%

[progressive hunter]

I want to eliminate all deductions. Income is income.

so youre a thief,,
got it,,

 

[struth]

how much do income taxs contribute to total revenue??

Around 50 percent

 

[progressive hunter]

Around 50 percent

and how much waste or unconstitutional spending do you think there is in government spending??

 

[norwegen]

So you want poor workers to pay the same tax rate as Elon Musk and billionaires. Most of us don't think like that.

Why not?

Should the IRS pilfer some people's income and not other people's income? Is that what this equal protection under the law thing is all about?

 

[struth]

and how much waste or unconstitutional spending do you think there is in government spending??

Oh tons and tons

Sadly though now it’s credited and we got to pay it back, and we are paying most of our money just serving our debt

 

[CrusaderFrank]

Here is the challenge and it is based on next year's budget.

You need to raise about $2.4T in personal income taxes just to be $2.0T short of next year's expenses (Trump's plan) in a way that allows people to also live a life.

How do you raise your $2.4T from income taxes between the two halves of earners? Bottom half and top half.

Today we get 98% from the top 50% as it is circled in red on the chart to the right but as you can see they earn almost all the income and certainly 100% of the discretionary income after you put bare bones living expenses against $23k vs 137k.

What is "fair" to you?

I predict a long line of right-wingers suggesting we take $200B from people making $23K still leaving a $1.6T deficit without regard to how one would live. But maybe they will surprise me with some thoughtful reflection on income tax burdens and living with low means.

GO!

Trump 2026 Budget
$7T in Expenses

$2.4T of Income Tax
$1.7T of Payroll Tax
$0.5T of Corporate Tax
$0.5T of Excise and Tariffs
$5.2T of Revenue

$1.8T Deficit


View attachment 1229675

How does the federal tax system affect low-income households?

taxpolicycenter.org

Eliminate the Income Tax and the Federal Reserve
Each state pays it ratable share of the Federal budget based upon their ratable portion of the EV
Implement the Buffet Rule: No Congressman shall be eligible for reelection if the Federal Deficit ever exceeds 3% of GDP

 

[22lcidw]

No. My thought is you goons should STFU about how much the top half pays because you cant get blood from a rock. The top pays the income to because they make the money… AND they are not paying enough. They owe more.

Dipshits on here like to act like the current tax burden is unfair to the rich. It’s not. Hilarious.

You are concentrating on the income tax. There are so many more taxes, fees, and other ways to take money for citizens. Progressives over the decades also enlarged, state, city, county and regional taxing governments including monopolies and authorities. If we did nothing before Reagan, anyone at the 50 thousand dollar a year wage would e at the 50% federal tax rate in those earnings. Eliminate many of the taxes the federal government levies.

 

[jc456]

No way we can meet your level. I'm surprised you didn't mention impact on the economy producing less revenue, and how Democrats spend money so freely. What makes you think they're willing to pay down the debt with our money when they can't even agree to cut waste and expenses?

yep, it's logistically impossible.

 

[kyzr]

Why not?
Should the IRS pilfer some people's income and not other people's income? Is that what this equal protection under the law thing is all about?

So we should end Welfare, Food Stamps, SNAP, Medicaid, and all other "social safety net" programs?

"Let them eat cake (shit)"?

Many of us want to give poor people the opportunity to work and get ahead.

 

[norwegen]

So we should end Welfare, Food Stamps, SNAP, Medicaid, and all other "social safety net" programs?

"Let them eat cake (shit)"?

Many of us want to give poor people the opportunity to work and get ahead.

Yea, why not? You have no faith in charity or humanity?

And again, should the law not apply equally to everyone?

 

[Mac-7]

Here is the challenge and it is based on next year's budget.

You need to raise about $2.4T in personal income taxes just to be $2.0T short of next year's expenses (Trump's plan) in a way that allows people to also live a life.

How do you raise your $2.4T from income taxes between the two halves of earners? Bottom half and top half.

Today we get 98% from the top 50% as it is circled in red on the chart to the right but as you can see they earn almost all the income and certainly 100% of the discretionary income after you put bare bones living expenses against $23k vs 137k.

What is "fair" to you?

I predict a long line of right-wingers suggesting we take $200B from people making $23K still leaving a $1.6T deficit without regard to how one would live. But maybe they will surprise me with some thoughtful reflection on income tax burdens and living with low means.

GO!

Trump 2026 Budget
$7T in Expenses

$2.4T of Income Tax
$1.7T of Payroll Tax
$0.5T of Corporate Tax
$0.5T of Excise and Tariffs
$5.2T of Revenue

$1.8T Deficit


View attachment 1229675

How does the federal tax system affect low-income households?

taxpolicycenter.org

One tax rate for everyone rich or poor

You choose the rate

Then cut spending on every program equally $1 for every dollar of new tax till the budget is balanced

 

[kyzr]

Yea, why not? You have no faith in charity or humanity?
And again, should the law not apply equally to everyone?

The laws are applied equally to everyone. If you want to re-write the laws, run for office and get elected.

 

[norwegen]

The laws are applied equally to everyone. If you want to re-write the laws, run for office and get elected.

No they're not.

 

[Independent thinker]

If liberals who are concerned about this would voluntarily donate 20% of their income in addition to taxes, this problem would be solved, and everybody would be happy.

LOL. Yes, liberals always talk about taxing others but not themselves.

 

[citygator]

That was all before "the great society" settled in...when we used to have to justify social spending

cop out...my tax plan would first assign blame and then make them pay...republicans and democrats spent half a century pointing fingers at each other blaming high taxes on one another while the public had no idea who was responsible...so figure out now who it was that lied to us then and figure out how best to saddle them with that lie/tax burden...we'll call it "the nothing could/would be fairer act".

I get that but we elected the nitwits. We have to live with their sins. Their sins require us to pay more in taxes. I see know way around that. Sure tax cuts need to occur but they will be small until our revenues catch up.

 

[Independent thinker]

Another one here for same flat tax across the board. No write offs, no loopholes, no way to get out of it........If that were to ever happen, the actual rates would probably drop


PS........I voted for Ross Perot just for that reason

Yes, everyone who works pays a flat tax taken out of their checks. Those not working pay zero. The working poor pay less, the rich pay more. And, get rid of the IRS totally. The flat tax taken out of checks is it. No tax returns, no refunds, and no having to pay extra. I wonder how much the US government would save in expenses just by getting rid of the IRS?

 

[citygator]

LOL. Yes, liberals always talk about taxing others but not themselves.

I paid $340k of income taxes last year. I cant wait to see this year. April 3rd is when I review them. I have no issues paying taxes. I am a patriot. A fake patriot hates paying taxes.

 

[Papageorgio]

You get rid of passive income, if you get income all of it is taxed at the same rate, you get rid of all deductions, you earn it, you pay it. That alone could raise $1.5 to $2 trillion alone, it would also alleviate the need for tax preparers and save consumers money and businesses money.

We could allow a deduction for children and anyone making all income under $25k per year exempt from paying taxes.

 

[citygator]

Cut taxes

Add to the tax base

Its a nice thought. Its kind of like buying a lotto ticket. It feels good and hopeful... but it never works.

 

[struth]

Its a nice thought. Its kind of like buying a lotto ticket. It feels good and hopeful... but it never works.

I agree about the lotto ticket

But history has shown growing your tax base always works at raise tax receipts