Why don't you want to tax the rich?

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?
We already tax the rich. Whatever “the rich” might mean these days.

And why would anyone support “aggressive” taxation? Is it like a cool new punishment for success?
 
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This is in the federal tax code.

If you make less than +/- 130,000 a year, you pay SS taxes on every penny you make. If you make +/-130,001 a year... you pay $0.00 taxes on money made above that amount. The very wealthy actually take home more money later in the year than they do in the beginning.

Good!
 
Here is a graphic that shows what I'm talking about. I said +/- 130K earlier. Its actually $168 and some change.

View attachment 1199953

Taxpayer C should be paying 6.2%--aka taxes on every dollar earned just like A and B do. Give them more on the back end because it's their money but deduct it first.
You want a new Tax on higher incomes. Because that is not how the SS retirement plan works.

Why didn't you get your Obidens to do that in 12 years of power?
 
tahuyaman I think they should be taxed fairly like the rest of us. There is a lot of anger in this country and people have a revulsion of the rich.
Define what’s fair.


The top 1% of earners pay over 40% of the federal income tax collected.

The top 20% of earners pay slightly more that 80% of the federal income tax.

This is where liberals always fail. They just repeat clichés. They won’t give us an answer as to what they say is fair. Just more.
 
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?
We already aggressively tax them. They pay the vast majority of all the income tax, mores than everyone else combined.
 
Turbo Tax, H&R Block or other tax preparers are supposed to find every tax break for you---the same as the rich.
of course they do but income is a factor as well as tax deduction when it comes to taxes. Then there is state taxes which differentiate among the various states.

Trump pays more taxes in NY but he has more money.

Still Trump does help his rich buddies

President Trump has pardoned at least five well-connected people who either plead guilty or were convicted of tax fraud and other crimes. His clear message: If you have political influence

Cheat on your taxes and beg Trump for a pardon especially his rich buddies

www.forbes.com › sites › howardgleckmanTrump’s Pardons Of Tax Cheats Erode Confidence In ... - Forbes



Sounds like Forbes owes Trump something for stepping in.


How the Trump Organization cheated on taxes​


Dec 6 (Reuters) - Former President Donald Trump's namesake company was found guilty on Tuesday of scheming to defraud tax authorities.
Alan Futerfas, a lawyer for the Trump Organization, said the verdict would be appealed.
 
Tax too much, the GDP drops. GOVT actually ends up with less once the dust settles.

They produce nothing of value (not at a decent ROI anyways). The create poverty and crime. But they get very rich fooling the Board Stain.
 
15th post
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.
Then change the tax code! Oh, wait! All those rich people are the ones who write the tax code, don't they? Why don't you ***** and complain to the right people?
 
of course they do but income is a factor as well as tax deduction when it comes to taxes. Then there is state taxes which differentiate among the various states.

Trump pays more taxes in NY but he has more money.

Still Trump does help his rich buddies

President Trump has pardoned at least five well-connected people who either plead guilty or were convicted of tax fraud and other crimes. His clear message: If you have political influence

Cheat on your taxes and beg Trump for a pardon especially his rich buddies

www.forbes.com › sites › howardgleckmanTrump’s Pardons Of Tax Cheats Erode Confidence In ... - Forbes



Sounds like Forbes owes Trump something for stepping in.


How the Trump Organization cheated on taxes​


Dec 6 (Reuters) - Former President Donald Trump's namesake company was found guilty on Tuesday of scheming to defraud tax authorities.
Alan Futerfas, a lawyer for the Trump Organization, said the verdict would be appealed.
So now you're alledging tax fraud. It was using legal tax loop holes a couple posts back. I think you're grasping.
 
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