Inspired by AngryAngel: Do you think the rich pay their fair share?
Yeah, and someone else's fair share, too.
They're paying for everybody, so yes.
Corporations have been getting more tax breaks under Obama than ever. The share if total revenues they pay in taxes is at an all-time low of just 5%. Companies like GE make billions in profits and pay no taxes. They are clearly not paying their way.
I feel that I pay more than my fair share. Personally I would rather pay more to the state than to the fed.
I should vote no since they pay way more than their fair share. The wealthy are leaving for Dubai or New Zealand or the Bahamas every day. We need an economy that encourages them to stay and invest. Not tax them till they take their money and leave.
Far more than their fair share. Far more.
"fair share" is a phrase coined by the envoys have nots...
The first three words of the question made my day thank you!
No. They pay far MORE than their fair share.
That's what I'm saying!
They pay more than their fair share.
OK come on the rich control the job market. If you don't make income which a large portion people do not they don't pay taxes.
Stop licking the windows on the bus! Everyone should be PAYING taxes NOT such a small percentage of wage earners.
How is someone in poverty paying taxes on income they don't have gonna help? The rich need to actually create jobs so people have income from which to pay taxes. Lick the windows fool
What's unfair is that people have learned that they can vote themselves Money and benefits from the treasury that other people have to pay for. It's a mob mentality.
More than their fair share. It's the poor and a good portion of the middle class that are either doing nothing or are paying less than their fair share.
What middle class?
Will someone please explain what the term 'fair share' is suppose to mean
It varies. To a liberal it means that the rich pay for everything and the poor receive from it. To A conservative it means that everyone pays the same % since gov is supposed to serve everyone equally.
Yes I do
In fact I know they do
The wealthy pay more than their fair share.
As far as the federal income tax goes, they give up 23 percent of what they earn. On top of that are state and local taxes.
They pay MORE than their fair share.
"Fair share" is a PERCENTAGE of earnings, not a dollar amount! THEIR cair share should be the same as YOUR fair share - 10% each, no more, no less.
Of course they do!
Some but not all.
They are the only ones who pay!
I mean look, I would obviously rather keep more of my money or have my dad keep more of his money but I also wouldn't cry if I had to pay more, I would actually be perfectly alright with it, it seems fair. Call me crazy if you must.
I have investments and retirement stuff and savings each month but to some degree I live month to month and spend most of my disposable income. I don't feel I need to check my acct ever. Am I rich?
Just painting a hypothetical. I also want to get a feel for popular opinion on what is rich.
I'd say a million or more, that's just my take.
Have paid more like 11% which is far less than I pay in my household percentage wise
No - their tax rates may be high, but with the adjustments made they often have the ability to pay very little - I remember during the election the news reporting that Mitt Romney reported paying 14.something % but with some more adjusting could
Then let's lower my "high" tax rates and get rid of the loopholes, as Mr. Romney suggested.
Would doing what Romney said cause him to pay more or less. Is the mortgage deduction a loophole?
I'm not sure exactly what all he included, but I think tax rates should be lowered and we should get rid of all these ridiculous deductions (including marriage benefits, effectively ending the gay marriage debate).
Would you still have the govt license marriage?
I don't see a reason why they should. Why do they have a vested interest in people's personal relationships? The only argument is to provide tax incentives to heterosexual couples who want to get married and pro-create, but that is discriminatory...
... against LGBT couples, so why not do away with it all period?
I agree. marriages are not the govts business. churches can still have them and Vegas internet ministers can do them. People can still be married as they are now without the govt.
Bill Gates and Warren Buffett don't seem to think so.
Yeah! His secretary is probably one of the richest secretaries on the planet as well....
Uh, they have billions of dollars and are in MY tax bracket!! Ridiculous. Easy for them to say the "rich" should pay more...
They pay several times their "fair share".
My thoughts as well!
The more money you have the more you can hire people to help you avoid paying taxes. I do it myself.
It is all relative to your opinion on economics. I support a flat tax at 10%.
Evidence? How do you prove something so subjective?
Yeah, flat tax is the only way to ensure everyone pays their "fair share"
Mr: "The top 1% of US taxpayers pay almost as much in federal income taxes as the entire bottom 95%, and half of that bottom group paid no taxes at all in 2010"
Flat tax is fair and simple thereby removing loopholes The percent should be heavily studied and then even made as an amendment.
It is worrisome that only half of America pays income taxes..... The system is too complicated.
Subjective??? Everything about taxes, income, etc is completely quantifiable.
So bill gates should pay the same amount of taxes as someone who makes $40,000 per year? That's ridiculous.
Same tax rate? Yes! If you do simple arithmetic, you would find out that Bill Gates would pay a lot more taxes.
10% 35%, doesn't matter, the % of 1,000,000 is greater than that of 40,000. Besides most of these guys don't have a traditional income per say.
He would be paying more money, but not his fair share.
I plan on becoming better informed on this but didn't the income tax come into existence in the 1900's?
Yes a flat tax would have to include all wealth not just tradition income. It would open the door to loopholes otherwise.
The reason they pay "more" is because they make that much more. I don't support them paying a higher percentage, but the whole argument about the sum of their taxes is pathetic.
Do you get to decide what my fair share is? Who should? Why should they? If they pay the same percentage rate why isn't it fair?
You have to hit these guys with a bigger capital gains tax but, if you do that they will just sit on their investments and no tax will be paid.
A part of the problem is the view that taxes are something forced on you. We should be proud to pay our share. That leads to why not proud which leads to what govt is spending taxes on.
I don't mind paying taxes but when is enough, enough? 30%,50%,70%? The STUPID spending has got to stop. As far as proud to pay them, lol..... Not.
People saying "evidence" why do you think anyone in society is entitled to a slice of my income, much less more than they're getting now? We're not talking for roads or firefighters here either; why should the successful fund Medicaid and welfare?
I give to charity, which is 1,000 times more efficient at aiding the unfortunate than any government program is ... And guess what? I'd give even more if I were allowed to keep more of my earned money and had more to give...
Well stated Moderate!
Do we take care of seniors and not the younger needy? By that I mean do we fund Medicare but not medicaid? Why?
Rich is such a subjective word...... Isn't it?
Very subjective. With this question, what definition are you using?
I am purposely allowing it to be ambitious. I wanted to see different people's opinion.