Why don't you want to tax the rich?

why would I??

if they earned their money legally then its theirs not ours,,

they already pay the majority of taxs,, maybe have the people that pay nothing step up and get a job and be a benefit to society not a burden,,
Interesting. So you oppose Trump’s tax cuts for poor struggling families?
 
If you are opposed, why?

Why do you oppose aggressive taxation of people making more than $250,000+ a year or $400,000+ a year annually?
For one thing, we already have that in spades. Saith AI:

While an exact figure for those making exactly $250,000 per year or more is not explicitly available, data for 2022 shows that the top 10% of earners paid 72.0% of all federal income taxes, and the top 1% paid 40.4%. The share for the over $250,000 group would be less than the top 10% figure but significantly more than the top 1% figure, given the income distribution.

I guess I don't really need another thing . . .
 
If you are opposed, why?

Why do you oppose aggressive taxation of people making more than $250,000+ a year or $400,000+ a year annually?
Idiots think they'll be rich, although they're poor as dirt.
 
That is like saying we spent $30 trillion on the military and still no improvement
You won't see any improvement if you disproportionately tax the rich, either. They will simply leave and take all their capital with them.
 
Jeff Bezos has already left WA for FL. That leaves 12 more billionaires in the state. How long before these success stories that already provide a lot of tax income for the state leave? To make matters worse, if they relocate their companies, there is not only the loss of the taxes their products provide, but also the taxes generated from their employees. LOL, WA is already feeling the pinch of the loss of Bezos. Who do you think is going to pick up those losses? BTW, WA has no income tax.
You cannot compare Washington to Florida. A lot of people move to Florida because of the weather or more people or to make more money. Washington the state cannot compete no matter how much they lower taxes. The weather alone would turn people off. I use to live in Maine. Nice state but shelveling snow gets old.

  • Capital: Olympia
  • Population: 7,958,180
  • Surface Area: 184,661 km2
Florida


  • Capital: Tallahassee
  • Population: 23,372,215
  • Surface Area: 170,312 km2
 

Why don't you want to tax the rich?​


They are already taxed. How much more should they be taxed?
 
You cannot compare Washington to Florida. A lot of people move to Florida because of the weather or more people or to make more money. Washington the state cannot compete no matter how much they lower taxes. The weather alone would turn people off. I use to live in Maine. Nice state but shelveling snow gets old.

  • Capital: Olympia
  • Population: 7,958,180
  • Surface Area: 184,661 km2
Florida


  • Capital: Tallahassee
  • Population: 23,372,215
  • Surface Area: 170,312 km2
Big businesses are leaving Washington state because of taxes.
 
Except we disproportionately NOT. Tax the rich.
For one thing, we already have that in spades. Saith AI:

While an exact figure for those making exactly $250,000 per year or more is not explicitly available, data for 2022 shows that the top 10% of earners paid 72.0% of all federal income taxes, and the top 1% paid 40.4%. The share for the over $250,000 group would be less than the top 10% figure but significantly more than the top 1% figure, given the income distribution.

I guess I don't really need another thing . . .
 
15th post
What loopholes are you referring to?

Warning: Her comes a non-answer from the resident complainer.
Complain about what?
I am simply referring to non-taxed company perks in lieu of salary, be it cars or stocks, buying personal items at corporate or business expense, so expenditure taxed at lower rates, with even more offsets. I am not that thrilled with income averaging, instead of yearly on what is made in a given year, 1031 exchanges to reinvest, shifting income to children through limited family partnership, IRC §1202 exemption that can let you exclude 100% of capital gains on sale of stocks and the tax that goes with it. Legal and approved? Sure, but 90% of Americans do not get the benefits. And, I am pretty sure there are some missed, if you have a good tax man. Of course, most average Americans do their own, and or, take the standard deduction, file and don't look back.
 
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