Tax breaks for top 1% stimulates economy??? Pffffft.

Again I ask the question...when is it enough? At what % of the "rich people's" income taken for taxes enough? In some states they already pay over 50% of their income to taxes.

So at what % is it enough?
Someone explain to me why a flat tax is not fair? If we all pay __% of our income to taxes...the more you make, the more you pay. Why should the amount and the % go up when you make more?

 

23% -30% would be the tax rate all filers would pay under a flat tax structure. That means you are in favor of raising the tax for many middle class and poor, while reducing the tax for joint filers making over $250k.

 

You didn't answer the question as to why a flat tax is not fair. Not only do we have some that are not even paying taxes, they get $ back. How is this not a re-distribution of wealth?

 

I don't think it fair to raise taxes on some that make $70k with a family of four to possiblly 30%, this means the family now only has $49k to live on per year. But let's break it down to the current tax structure, while a family of four making a $1 mil a year, under the current struture, I beleive it 39.6%, their tax would be $396k per year, giving them $604k per year to live on, vs possible flat tax of 30% gives them $700k per year to live on. This is raising the tax on the middle class to give the rich a tax break. That is why a flat tax is not fair.

Yes it is a redistribution of wealth, so what. I think greed is what the problem is and some people lack of social responsibility of helping out a neighbor. I don't make over $250k but I would not mind paying more tax if I knew it was going to help pay down the debt or help our country as a whole. I feel taxes are my payment to live in the greatest country in the world. I f that means I have to pay more to do that, then I don't mind.

 

I tend to agree with this statement,maybe we should give them additional tax credits when they prove and can confirm that they have created and added additional jobs,not just on the Theory that if you give the top 1% tax breaks they have automatically assume they created jobs,no Tickee no laundry. Additionally I think Obama sucks as President and didnt Vote for him or Democrats

 

But everyone would still be paying the same percentage (the more you make, the more you pay). I don't really care what the percentage is...it will never be fair until the % is the same for everyone. Why should the government be able to decide that "Oh, OK you make too much money, or you should be fine making that much money, therefore will will raise the % of tax you pay even though you already pay more than everyone else that makes less money than you."

Typical Dem mentality...wanting the government to have that kind of authority...to decide what income level should be enough for you.

The tax code will never be fair until we have a flat tax or a consumption tax or both. The current system is a joke for so many reasons...complexity, too much government authority, fairness, etc, etc.

 

No, a typical Dem mentality is we care about society as a whole not just about ourselves.

 

I don't understand why everyone wants to give so much power and authority to the Federal Gov. Why should anyone have to prove anything before having the tax code be more fair?

Has a poor person ever given you a job? It's not a knock against poor people, it's just a fact that the rich are the ones that give people jobs. Not all rich people inherited their money...most did not. They created their own wealth and along the way, gave a lot of people jobs. Again, it's easy to target the "rich" because most of us don't fall into that category.

 

The Dems (to their credit) have been good at portraying that image. I know a lot more conservatives that give to charity than I do Dems or liberals. The key difference is I believe that everyone should contribute to charity or help those less fortunate, but I don't think the government should tell me how, or force it on anyone. Not to mention they do NOTHING efficiently...nothing. I'd rather donate directly than the government decide how much and to whom I should donate to.

Name one social program that has been run efficiently and effectively.

 

Why would we give so much authority to corporations waiting to give us our pittance for the year. CEO pay has increased while worker pay has remained stagnant. If corporations would start to pay their workers more and not ship jobs offshore maybe we would not have such a bad economy.

 

If the government made it more attractive to keep jobs here (again...tax law) than to ship overseas, the economy would be doing better.

 

Hell, if it were solely left up to the GOP we probably wouldn't have social security, medicare, medicad, the national science foundation, the EPA, the NEA, the lsit would go on and on. These programs help the country immensely.
When you try to discuss government run programs that run effectively, don't forget that the DOD, the military, is a government run program. I would argue is the best run in the world.

 

I agree, but did not start with a dem.

Corporate tax is different than individual tax. The tax advantage for sending jobs overseas must be removed.

 

Because MOST CEO's (not all, there are some sleezebags out there) find ways to make the company more profitable, which provides a return to shareholders, in which they spend money on other companies, which leads to more capital investment, which leads to more innovative products and services, which leads to better ways of doing things, I could go on forever about the trickle down effects of pay for performance.

Most executives deserve EVERY penny they make and they can spend that money however they want because THEY sacrificed and worked hard to make that money.

Guess what YOU can make $250k, $500k, $1mil, $2mil, $10mil whatever YOU want to make in life YOU can make it in this country, you just have to work harder and smarter to get there. You can do whatever job you want to do in this country. Our government doesn't tell you what you have to do, so therefor you just need to figure out what it will take to get there and do it.

If you were running a business and you had $100,000 in the bank ready to invest in opening a new store, a new production facility, a new clinic...whatever capital investment it may be. You worked hard under the current tax code to make that money and put it in the bank. So now some politician in washington decides that you make too much money (who is he to decided what is "too much") and you need to pay more in taxes....well there goes your 100,000 you saved up to open a new place. gone! paid to the government to get flushed down the toilet.

Thats why the economy is in the tank right now, because businesses have more cash in the bank than they ever did, they would love to open new businesses and production facilities...but they don't know if that dumbass in washington is going to call them tomorrow and tell them to fork over that cash.

 

I couldn't agree with you more about our military being the BEST in the world (yea..something we agree on...military and Tacomas), but the others you mentioned are not really good examples.

I'm not counting on Social Security being here by the time I retire (I'm 35 as well). If it is, it won't be close to our current version. $ brought in by the Social Security tax is blown on other government waste. It's not being set aside like it is supposed to be.

Hey man, I know we'll never convince one another. It's hard to tell someone's tone when reading text. I've actually enjoyed the little debate. I know some people get hot under the collar when disagreeing with others on topics they feel passonate about. I've never been that way. I enjoy civil debates. We'll agree to disagree.

 

I agree, give them an incentive to do business here rather than there instead of punishing them for doing business overseas.

Its classic psych 101. You are more likely to elicit positive behavior with positive reinforcement than you are with negative reinforcement. Its like telling a child not to do something "or else" chances are they are still gonna do it. But if you reward their good behavior they are more inclined to behave well than to behave badly.

 

Republicans are to blame as well. I consider myself a conservative more than a Republican. I vote who comes closer to my views. I would vote for a Dem if they did...it's just been a while since that has happened.

 

lol i'm that way with my neighbor. He's a super cool guy..but man I think he's a ding dong when it comes to anything political. He's an Obama Zombie and believe everything he hears. I will never be able to sway him.

 

I agree Its not a bad thing to be Rich(obviously) but they shouldnt be treated as Royalty just because they got more paper in thier pockets than others,such as not fighting for the country,getting a free ride by the Judicial system,I agree with you. I think all Americans should get a Tax break eqaul to each other a Flat Tax where no one can cry I pay more than you which is highly debatable

 

Amen