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News & Current Events Discuss OMB: Top 20% pay 95% of taxes, middle class 'single digits' at the General Forum; Tell me again why the rich should pay more in taxes? OMB: Top 20% pay 95% of taxes, middle class ... |
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![]() Tell me again why the rich should pay more in taxes?
OMB: Top 20% pay 95% of taxes, middle class 'single digits'
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![]() Not an accurate representation of a white person.
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![]() Part of the issue that some people don't care to acknowledge, is that the higher earning income brackets contribute to a societal pool that it is highly unlikely they will use - assistance programs, unemployment and the like. In addition, they donate on a personal and corporate level to most charities, build libraries and hospitals. They also pay for infrastructure, and for those who want to say 'but they get breaks on taxes for corporations', those corporations pay more than income taxes in the average state. Business licenses, road taxes, import/export fees, commercial telecommunication fees, to name a few. But for those who want wealth redistribution, it will never be enough.
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Your life is the sum total of the choices you make. If you don't laugh at yourself, a whole bunch of people will volunteer to do it for you I never lose. I either win, or I learn.... |
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![]() Best illustration of taxes I've ever seen, but I think it bares repeating here...
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For those who do not understand, no explanation is possible. |
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![]() ![]() People take home more salary => pay more in taxes. HJ wants to fixate on only the second part of that equation... Top 1% of Earners Take Home Majority of Income Growth | Money The study, released Thursday from the Economic Policy Institute, found that the top 1% of U.S. citizens, in terms of income, took home 85% of income growth between 2009 and 2013. In 15 states, the top 1% captured all income growth during the same four-year period.
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“Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.” ~Abraham Lincoln |
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It's older news that those who contribute little to nothing think they are contributing more than their fair share and the 10% are getting off scot free. |
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To argue with a person who has renounced the use of reason is like administering medicine to the dead - Thomas Paine A lie doesn't become truth, a wrong doesn't become right, and Evil doesn't become good, just because it is accepted by the majority. - Booker T Washington |
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20%, 95%, class, digits, ingle, middle, omb, pay, taxes, top |
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