Posted by opinionated on September 4, 2024, 2:40 pm
This if for the intelligent democrats here such as MillGirl and Soccer. Scroll by Pillow boy.
Kamala once again today said, "the rich will pay their fair share under her plan".
Can one of you tell me what their "fair share" is? I mean, tell me why a guy who makes a million a year should pay more than you and me.
We use the same roads. We use the same sewers. Maybe he sends his kids to private school, but he still pays for my kids through his higher property tax.
Now he also has very expensive accountants who know the tax laws inside and out and he takes advantage of every loophole to avoid paying. Pssst, so do I.
So please, justify why a guy who figured out how to make over a million a year should be held to a higher amount than I did making 1/4 that amount.
It's a serious question. Oh, and many members of congress make the guy who makes a millionaire, look like he's in my tax bracket. Do they pay their "fair" share?When you put a nice saddle on a mule, it's still not a racehorse.
Re: Question
Posted by Millgirl on September 4, 2024, 4:11 pm, in reply to "Question"
Opie
Paying your fair share means you pay the same percent as I do according to your income. There are way too many loophole for the super rich to avoid paying any tax.
As you said they use the same public facilities as the rest of us that pay for them. Most middle class workers pay around 30% of all their income in tax. Super rich pay zero to maybe 10%. I do not think super rich should pay more, just the same as working people. It is not right for middle class to be paying for the rich and that is what it amounts too when people like Trump pay zero on billions.
Re: Question
Posted by Soccer on September 4, 2024, 4:40 pm, in reply to "Question"
That's a question with no easy answer, Opinionated. The concept of paying one's "fair share" is arbitrary so you would really need to look at exactly what the proposals were, which I have not done. I'm sure what is fair to someone with a low or moderate income is different than a billionaire's view. There is also the question of taxes on work vs. wealth. Should work be taxed at a higher rate than wealth, which it often is.
Bottom line, I don't know the answer to your question, but I think work needs to be done to equalize things to the extent that those that can take advantage of all of the various tax loopholes etc are not paying a much lower percentage of their income than people with a much lower income.
One of the many reasons Trump didn't want to release tax returns was because he didn't want people seeing how little he paid in taxes.
Re: Question
Posted by opinionated on September 4, 2024, 5:59 pm, in reply to "Re: Question"
Paying your fair share means you pay the same percent as I do according to your income.
Agreed but she's proposing they pay a higher percentage.
There are way too many loopholes for the super-rich to avoid paying any tax.
I agree 100%. However, as I stated, we all look for every deduction we can to avoid taxes.
Most middle class workers pay around 30% of all their income in tax. Super rich pay zero to maybe 10%.
I'm not sure where the 10% came from but let's break it down. If I make $100,000 a year and pay 30%, I pay around $30,000 in income tax. If my colleague makes $2,000,000 a year and pays only 10%, he pays $200,000 a year. Who contributes more to society?
There are probably reasons for the disparity in the two wages. Profession, hours of work, education, responsibilities, etc.
So, while I agree in concept, the millionaire does more than I do.
When you put a nice saddle on a mule, it's still not a racehorse.
Re: Question
Posted by opinionated on September 4, 2024, 6:02 pm, in reply to "Re: Question"
Soccer and MillGirl. Fair and reasonable answers. Please see my response and rationale. Of course it is doubtful anyone on this site is a millionaire, so let's go with that assumption and take the stance, we all want to pay as few taxes as possible. LOLWhen you put a nice saddle on a mule, it's still not a racehorse.
Re: Question
Posted by Millgirl on September 4, 2024, 9:11 pm, in reply to "Re: Question"
Opie
Agreed. What is fair is always subjective to ones income. I can see both sides of the argument on this issue.
The biggest part of the taxes are paid by Middle class (those making less then $400,000.) Many super rich pay little to no tax due to tax loopholes.
Re: Question
Posted by Joe Smith on September 4, 2024, 9:14 pm, in reply to "Re: Question"
The latest government data show that in 2018, the top 1% of income earners—those who earned more than $540,000—earned 21% of all U.S. income while paying 40% of all federal income taxes. The top 10% earned 48% of the income and paid 71% of federal income taxes.
No matter how much the top tier pays it will never be enough. Democrats shamelessly pander and play the numbers game, of course, being more than willing to steal from those who already pay the bills to give to those who do not. It's flat-out theft, but they don't care.North Carolina Deputy Warns People Who Want to Help Western North Carolina: 'Do Not Donate to FEMA'
Re: Question
Posted by 3Dee on September 4, 2024, 11:08 pm, in reply to "Question"
You know, I may be more with Steve Forbes than I originally thought, but what if there was a flat tax for every family unit making over 100,000 a year.....and perhaps individuals making over $75,000 with no dependents. (because Shady Vance said that people with no dependents don't count, will lower the threshold for them.)
Pick a number, any number.... and make that the flat tax.
I personally think there should be a tiered level for under 100,000....but everyone pays the same percentage.
For Kamala, it's not even policy.... it's just if you love your country and want it to survive at this point.
Even arch conservatives like Cheney, who in a million years I would not support, is now coming over to Kamala.
These are not RINO's, these are the people who are trying to save the party.
After the 2024 election, praying that the trends hold true..... The Republican party is going to need to pick up the pieces and repair the damage caused by Trump....
The ones who are jumping off the train now, will be the ones who are respected later.
As Adam Kinzinger (who would win in 2028 if he ran either party) said....it's not policy anymore, it's just principle to keep an unhinged maniac out of office. (the part after the comma may have been my words)....
Every day, real Republicans, deeply conservative Republicans....but generally not the faux-Christian posers.... are waking up to the fact that they should be more scared what happens if they support Trump, than if they bail from the Trump Train before it runs out of track.
The people will wonder what side of history they stood on when it came time to declare allegiances, and people like Cheney, Kinzinger and hundreds of others are choosing Country over party....and realize that this is an existential decision (for the well being of the country) and are willing to forego even policy....so that we return to becoming a Constitutional Democratic Republic....
Come on Opie...you want this too, to be on the correct side of history. When you ban books before you ban guns, you've admitted that you're more afraid of children learning than you are of children dying.
Re: Question
Posted by bob on September 5, 2024, 12:56 am, in reply to "Re: Question"
Whatever happened to the idea of the tax form being one page? How much did you make minus what it cost you to make that much. Multiply by x% and that's what you owe. The % should be a heck of a lot lower that 30.If you don't read the papers, you're uninformed. If you read the papers, you're misinformed. - Mark Twain
Re: Question
Posted by opinionated on September 5, 2024, 9:06 am, in reply to "Re: Question"
For Kamala, it's not even policy.... it's just if you love your country and want it to survive at this point. LMAO, GOOD ONE.
Even arch conservatives like Cheney, who in a million years I would not support, is now coming over to Kamala LMAO even harder. Cheney is pissed off because no one took her seriously in Congress. Her dad was a goofball.
Glad to see you back Dee. You're one of the liberals I respect even though your views are all screwed up . LOLWhen you put a nice saddle on a mule, it's still not a racehorse.
Re: Question
Posted by 3Dee on September 5, 2024, 1:22 pm, in reply to "Re: Question"
But you missed all the stuff about the flat tax, I'm sure if it means that some pay their fair share, that would seem screwed up too.
As for the latter parts of what I said, the sooner Republicans break from Trump, the better for the party.
No Republicans are excited about Kamala Harris in the White House. She is as far away from them as she can be, policy wise. But one by one, Republicans are flocking to her.
The Republicans want a reboot. They want to lose the 2024 Presidential Election and reboot their party, if they are to have viability in 2028.
I can't expect most posters here to drop out of Trumpcult, inc.. Because that's all Trump supports are doing is bolstering his ego. And just about anyone who was ever around him is either doing time, or has turned against him.
Trump has ZERO sitting presidents supporting him. He does not have any vice-presidents endorsing him, unless Quayle is still endorsing him.
Admit it, he's a sad little man, pretending to be powerful.
Sad...Just sad.... Harrrible... I tell ya.When you ban books before you ban guns, you've admitted that you're more afraid of children learning than you are of children dying.
Re: Question
Posted by opinionated on September 5, 2024, 1:31 pm, in reply to "Re: Question"
LOL, you're killing me today. Yes, I sat aside your comments about taxes because I was laughing so hard at the comments I referenced.
You can't really believe your comment about GOP people flocking to Kamala. And as for living Presidents supporting him? Isn't the younger Bush the only surviving GOP former President? Let's face it, he didn't like Trump, Biden or any other democrat.
And I think Bill Clinton and Obama secretly hope Trump wins so they can flirt with Melania at the Jimmy Carter state funeral like they did at the elder Bush funeral.
But seriously, while I don't think Kamala is any smarter than a thumb tack, I will admit for her age she's not bad looking and would probably be well received at a 50 year fraternity reunion. Other than that? When you put a nice saddle on a mule, it's still not a racehorse.
on September 4, 2024, 2:40 pm