Each day I hear complaints about rich people not paying their "fair share" of taxes - someone define "fair share" for me.
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A flat tax will dramatically increase the poverty rate and put even more wealth and power in the hands of a few people.
Wise people created the progressive tax system to avoid the problems above.
College towns have temporary residents. Students here who rent or live in dormitories are demanding that they vote on raising resident property taxes. Not fair for them to come in for a year or two, move on, and have a say in our permanent tax bills.
MizBejabbers- You got it, a bunch of entitled brats demanding overtaxed property owners to pay their bills!! Ditto
That's like a church demanding that a parishioner give a tenth of his/her income or tithe to the church. Tithing started, you know, back when the tribal government was ruled by the rabbi or clergy, so it was a form of taxation.
Your sarcasm is entertaining, however I was only seeing what people would say.
Glad I made you smile. See? I'm not totally worthless trash that should be taken out and shot for the good of society.
Funny - even though I rarely agree with you, I am a big believer in never suppressing anyone's freedom of speech (rare here on HP, but that's just me)
That's the rub isn't it - all the protesting about fair share, when no one has a clue what it is or should be
Amen, and how about all the privileged who can afford costal living who will now expect us to pay our "fair share" of helping them out of these hurricane losses. FEMA, charity, and our own insurance rates rising because of their damage.
Millions of people protest that the rich don't pay THEIR FAIR SHARE - I want to know what that figure is....
In my opinion, as far as taxes are concerned, a flat tax would be fair. Everyone pays the same percentage of what they earn.
It's whatever YOU think is fair. No one should be making that decision for you. If you live in the USA, there are taxes that should be paid, but you can defer them, or decide not to pay them and face the legal rules. But you can move if you like.
If you can't provide an answer then why are you commenting? The topic is FAIR SHARE of taxes - what is it? Don't keep playing the "whatever you want" fiddle - unless you recommend prison time to go along with it
To finish the camel through the needle scripture it says, "but with God all things are possible'.
The rich such as Soros would like all of us scum below him wiped out and he is using us to do it to each other along with many more of his kind.
Ralph doesn't want to know the answer - he want to hammer you after you give your own PO. Nice comments. Playing together so nicely
I'd love anyone to give a numerical answer - maybe a flat-taxer might weigh in
Gregas, I can't understand your logic about a flat tax. 20 per cent of an income of 1.5 million pounds is considerably higher than twenty per cent of ten thousand pounds. The rich would still seek loopholes and tax havens.
I do. I've made the same comparison using U.S. dollars. A flat tax of 10% of $20,000 dollars is $2,000, leaving the family $18,000 to live on. 10% of $1,000,000 is $100,000, leaving the family $900,000 to live on. Or refigure it using 20%.
But that's a fair share, where someone making $1,000,000 is probably paying less than $100,000 today and someone making $20,000 could be paying more than $2,000 today. That is why a flat tax would be FAIR.
Not true, Greg. Have you looked at the personal deductions lately? I own rental property, but I can still save more money with the personal deduction than I can by filing a schedule A.
Couldn't have said it better.
Your answer is soo much BS, From start to finish. All of it.
I am economically successful and know many wealthy people. The majority of them are liars, cheats and thieves.
Most people don't equate the accumulation of wealth with success. Generation X is the 1st generation since the industrial revolution who have it harder than their parents. Welfare is a drop in the bucket. You have a very narrow view of the world.
C'mon Scott, the majority of wealthy AREN'T liars, cheats, nor thieves. I know poor people who are LIARS, CHEATS, & THIEVES. They are the biggest hustlers around. They are quite adept at getting others to support them w/o any effort on THEIR p
Well said ! +1 ++++++++++++++++++++++++++++
Let them eat cake mentality undermines the entire political system. 99 haters for every one of the richest one percent. I don't like those odds.
Grace, I speak from a lot of personal experience. The idea that rich people are all morally good and poor people are all lazy and immoral is not realistic.
I agree there are poor people who are liars, cheats and thieves as well.
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