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How much taxes should the 1% pay?


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#1 Kellermeister

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Posted 09 February 2019 - 08:56 PM

I say 99%.
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#2 Darterboy

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Posted 09 February 2019 - 09:07 PM

I would support marginal tax rates similar to those during the Eisehower administration.


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#3 mTizzle

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Posted 09 February 2019 - 09:14 PM

We all know the true 1% have no real income. We have wealth.

Though I did read the warren is proposing a percentage take away from these people every year.
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#4 Gusso

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Posted 09 February 2019 - 09:14 PM


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#5 BlackBeerd

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Posted 10 February 2019 - 04:24 AM

The same is everyone else. A person's income is a representative of their effort, time and ambition. Why would you tax one persons effort more than another? Is the lower taxed person less of a person? Not a valued member of society? Second class? Or third? Or worse?


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#6 Kellermeister

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Posted 10 February 2019 - 06:11 AM

First class pays more.
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#7 Trub L

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Posted 10 February 2019 - 06:23 AM

Everyone except me should pay more. I pay too much and don't get enough for free.
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#8 zymot

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Posted 10 February 2019 - 06:27 AM

I would support marginal tax rates similar to those during the Eisehower administration.


The Eisenhower tax rate is functionally a myth. Yes, there were tax tables with these high percentages, nobody actually paid taxes at those rates.

There were all kinds of rights offs and deductions back then that we do not have now? Do you want to bring those back as well?
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#9 Julius H Gardetto

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Posted 10 February 2019 - 06:28 AM

Right on!
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#10 TxBrewer

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Posted 10 February 2019 - 06:44 AM

I am jealous that you make more than I do, you should be punished for that.
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#11 dagomike

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Posted 10 February 2019 - 07:27 AM

More than me.

Strictly on income, those who make more benefit greater from government infrastructure and have more to lose. So, proportionally paying more taxes makes sense. The proportion is debatable, but the concept is sound.
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#12 BlackBeerd

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Posted 10 February 2019 - 08:51 AM

People, by nature, will minister to what ensures their survival. People will follow the money. While we talk about congress as an abstract entity, it's made of people. And they will minister to what ensures their survival. If they get most of their money from the rich and the corporations, they will serve the rich and the corporations. We need to tax the poor more in this country so our government serves the common people instead of the elite. A single rate tax on all income with no deductions starting on dollar one will give the power back to the people.


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#13 zymot

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Posted 10 February 2019 - 08:52 AM

I can support giving a tax break to those at the bottom of the scale. I do not want to tax people into poverty. I can see a compensatory up tilt up on the other end of the scale.

I do not buy the rich benefit disproportionate from infrastructure or have more to loose. A billionaire are can take a 25% hit and still live comfortable while a 25% hit on a person living check to check could be devastating.
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#14 Trub L

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Posted 10 February 2019 - 09:05 AM

More than me.

Strictly on income, those who make more benefit greater from government infrastructure and have more to lose. So, proportionally paying more taxes makes sense. The proportion is debatable, but the concept is sound.


Yeah, I can even buy in to that concept, which is often erroneously referred to as a "flat tax." But it's the progressive stuff that makes less sense and really just amounts to envy.
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#15 KSUwildcatFAN

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Posted 10 February 2019 - 09:21 AM

The same is everyone else. A person's income is a representative of their effort, time and ambition. Why would you tax one persons effort more than another? Is the lower taxed person less of a person? Not a valued member of society? Second class? Or third? Or worse?

This is how I feel too. I am ok with low income people receiving more breaks. Once the deemed threshold of money has been reached that a normal life can be supported, everyone should be taxes equally. jmo
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#16 BlackBeerd

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Posted 10 February 2019 - 09:22 AM

I can support giving a tax break to those at the bottom of the scale. I do not want to tax people into poverty. I can see a compensatory up tilt up on the other end of the scale.

I do not buy the rich benefit disproportionate from infrastructure or have more to loose. A billionaire are can take a 25% hit and still live comfortable while a 25% hit on a person living check to check could be devastating.

The funny thing about a market economy, it always ends in a natural balance. If you give tax breaks to the poor, to make up for that they will earn less. Tax the heck out of the rich, they will earn more to make up for it. 


Edited by BlackBeerd, 10 February 2019 - 09:22 AM.

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#17 Trub L

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Posted 10 February 2019 - 09:28 AM

The funny thing about a market economy, it always ends in a natural balance. If you give tax breaks to the poor, to make up for that they will earn less. Tax the heck out of the rich, they will earn more to make up for it.

This exhibits a profound level of economic illiteracy.
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#18 JKor

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Posted 10 February 2019 - 09:46 AM

More than me.

Strictly on income, those who make more benefit greater from government infrastructure and have more to lose. So, proportionally paying more taxes makes sense. The proportion is debatable, but the concept is sound.


How do you account for the fact that those who make more create the infrastructure?
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#19 Murphy

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Posted 10 February 2019 - 09:50 AM

This exhibits a profound level of economic illiteracy.


Lol
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#20 BlackBeerd

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Posted 10 February 2019 - 10:01 AM

This exhibits a profound level of economic illiteracy.

Hey mods! I think AOC hacked Lou's account. He's smart enough to understand.


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