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JBUCK66
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>>>>>RICH TO PAY FAIR SHARE<<<<<
...will not matter when the President is still spending a trillion dollars a year more than the government brings in.
>>>>>RICH TO PAY FAIR SHARE<<<<<
American politics is a sham. It's nothing more than party agendas butting heads with the American populace in the middle. We're screwed no matter what.
Everyone should pay fair share is my opinion, the rich should not be the only ones paying.
My opinion, they keep reforming these government programs that are spending in excess, remove programs that don't seem to be accomlishing their objectives or put others in charge who will see that objective get accomplished. Lower spending, and charge everyone, 1% extra federal tax that would be used specifically for National Debt only. Absolutely cannot be used for anything else. Plus balance the budget so you are at least not spending more than you are making BEFORE this 1% tax, that would then go away one we got caught up on the debt again.
Balance budget, and everyone equally pays their share above to help the ND in a percentage since everyone makes a different amount of income. Balancing the budget should be the first objective though so we do not keep adding to that damn thing. Hopefully by balaning the budget we also lose worthless programs and unnecessary overspending in the process.
I think the balanced budget amendment was proposed once upon a time.
Everyone should pay fair share is my opinion, the rich should not be the only ones paying.
My opinion, they keep reforming these government programs that are spending in excess, remove programs that don't seem to be accomlishing their objectives or put others in charge who will see that objective get accomplished. Lower spending, and charge everyone, 1% extra federal tax that would be used specifically for National Debt only. Absolutely cannot be used for anything else. Plus balance the budget so you are at least not spending more than you are making BEFORE this 1% tax, that would then go away one we got caught up on the debt again.
Balance budget, and everyone equally pays their share above to help the ND in a percentage since everyone makes a different amount of income. Balancing the budget should be the first objective though so we do not keep adding to that damn thing. Hopefully by balaning the budget we also lose worthless programs and unnecessary overspending in the process.
Lower spending, and charge everyone, 1% extra federal tax that would be used specifically for National Debt only. Absolutely cannot be used for anything else.
I agree with "fair share". Unfortunately, the richest do not pay their fair share and Republicans will always protect them from having to. And no, they are not the only one's paying, nor is anyone suggesting they be the only ones to pay. However, there is no reason for Romney's - or any rich person's at that - effective tax rate be 13% when the average American pays 20%. There is nothing "fair" about that.
You have one entire party protecting the rich and their interests. Does that not come at a price as well? That's not to say Democrats don't have special interests - including corporations - that they look out for because they absolutely do. But all that influencing of policies, tax structure, etc. that only the wealthy have the ability to do, should that not be weighted? More influence/benefits should mean more taxes.
Low capital gains taxes. That directly benefits the rich. Who is more likely to have capital gains? Rich people or poor people? How can an investment be taxed at a lower rate than labor? Don't get me wrong, I'm sure there are plenty of good reasons for this to be the case, but just showing how the entire tax system favors the wealthy.
Interesting idea, but the fact remains, that the majority of the population doesn't even pay any federal tax to begin with.
I have no problem with Mittens taking advantage of our completely fucked tax laws, as anyone else would do the same. I would hardly call capital gains 'for the rich.' Tax diversification is just as important as any investment diversification, and anyone who is in the 25% bracket (let alone 28) should be investing a portion of their money anyways, and taking advantage of those rates.
Phase outs are what are necessary. There need to be phase outs added for those earning a million (arbitrarily picked number) or more a year in investment income, as well as phase outs for charitable donations. Without phase outs, that is where you get the absurd marginal tax rates for guys like Mitt or Warren Buffett.
Interesting idea, but the fact remains, that the majority of the population doesn't even pay any federal tax to begin with.
47% is not a majority.
Half of those people don't because their income falls below the standard deductions and personal exemptions.
Almost a quarter of them are on Social Security which doesn't get taxed for federal income.
Another 10-15% are low-income families that take advantage of various childcare credits.
So, while they don't pay federal income tax, they're still subject to various other taxes, so your "fact" has little bearing on the idea.
And just because we're on this topic, you can expect 100% of low-income families income to go right back into the economy, whereas wealthy people enjoy hoarding theirs.