Originally posted by: miketheidiot
Originally posted by: Buz2b
Ummmm, Ok. So you just explained how our tax system not only works, but is fair. So, what's your point?Originally posted by: miketheidiot
and what percentage of income and what percentage of assets do these groups possess. Say the the top 5% pays 51.4% of your income doesn't mean much if you don't know how much they are making. if the top 5% are paying 51.% pecent of the taxes on 60% of the income, and the other 95% are paying 48.6% of the taxes on only 40% of the income, that says alot more. The simple fact is that the top income earners have a lot more extra money to pay taxes on, and can afford to pay 50% taxes much easier than someone earning $20k a year with 2 kids.
when it comes right down to it, if i had the extra income, i would have no problem paying more in taxes.
Let's review: Those that have more=pay more. Those of us that don't have as much=don't pay as much. Gee, what a system!!
As to the first part of your post, all I can say is "What??!!?" I was going to reply to it but it just doesn't make sense as you worded it. I really think you need to go back through it and correct/reword it a bit. Perhaps then you would get a response. I think you were trying to say something about how the rich don't pay enough of a percentage, based on their income but that wasn't clear at all.
EDIT:
You just posted:Umm, did you forget how to read when you decided you wanted to pay more taxes? Read the CBO report yourself if you don't believe the figures I posted. In fact, the highest tax amount is paid by those that have the highest income.do you have any proof? Last time i checked the highest tax burden fell on the middle/upper middle class, not the wealthy.
sorry i didn't write the first half of that statement in any order, basically typed senences as i thought them in no particular order. Allow me to give a second attempt.
The numbers you give don't mean anything at all (other than that the top 5% have the ability to pay 51.4% of the countries taxes and most likely have plenty of money on the side, which is a problem in itself IMO). If does not how much income the top 5% are paying their 51.4% out of. They could be paying their 51.4% of the taxes on 20% or 80% of the national incom or any amount in between.
You own numbers also show the horrible distribution of wealth in the country. the top 5% can afford to pay 51.4% of their income, while the second 5% can only afford roughly a fifth of that, so we can assume that the richest 5% earn 5x the second richest 5%.
Your numbers also give no proof that those with very high income, the rich, pay a greater portion of their income than the middle/upper middle class (lets say those making $50k to $200k) considering the nature of the most recent tax cuts, i would doubt that the very rich pay a higher percentage of their income than the middle classes.
I response to you, i did not say it was fair because our tax structure is not progressive at all (except for the very poor, who pay no income tax and have no taxable assets, and simply pay sales taxes whereever applicable) when social security, property, and sales taxes are figured in. The very rich can afford to pay a much greater % of their income than i can, and until you actually prove that they are doing that, with numbers that aren't so meaningless, i might be convinced.
Lets just say you, and 9 of your old classmates go out to dinner for a reunion. The meal and beers come to about $20 each. One of them has made it big working as a stockbroker, and puts in $155, saying that he's made plenty of money and he wants to be generous, and besides he drank more than anyone else. You put in your $5, and then you browbeat the stockbroker for being a greedy SOB, because $5 is a much bigger proportion of your wage than $155 is of his, and why the hell is he being so damn selfish.
What is it that makes this situation so different ? Is it that you, in theory, know the people involved ?
Is it easier if 'the man' that's keeping you down is faceless and can't be confronted ?