I hope before I die someone form the left here
will explain just exactly what that term means.
Pay their fair share....
Aren't they paying it now?
Aren't they filing tax returns and doing so
according to the Tax code.
Are you upset that they aren't taxed 100% of their wealth.
I really wish just one left brain person on here would
stand up just once and explain just what they mean by fair share.
Aren't you guys happy that the Bush tax cut will end.
Are you guys gonna be satisfied then?I doubt it.
How much do you want people to pay in taxes?
When is it enough ?
It's a good question, and I will answer it.
It has been an issue since the 1970's that productivity in the lower and middle class jobs have risen, but wages have remained flat. In other words, the "rich" are not earning all of the money that they make.
If those at the top of the income distribution receive far more than the value of what they create, and those at lower income levels receive less, then one way to correct this is to increase taxes at the upper end of the income distribution and use the proceeds to protect important social programs that benefit working-class households, programs that are currently threatened by budget deficits.
This would help to rectify the maldistribution of income that is preventing workers from realizing their share of the gains from economic growth.
And, no, I have nothing agains the wealthy. They deseve to be well paid for what they do, but not nearly to this extent.
So what is the fair share? I believe this answer can be solved mathematically based upon the information above. Unfortunately, I do not have the degree in economics to figure that out, but someone certainly could. They should start.
Oh, and I personally would not mind paying more in taxes if I knew it was going to benefit the country as a whole.