How does taxing the "rich" more help the middle class and lower class? How does it help my situation and those in the middle class and those in the lower classes?

Is it class envy?

 

From my perspective, I have a lovely wife and two wonderful kids and reside in the middle/middle class, I would venture to say.

 

How does taxing the rich help me or any other tax bracket below us? Why such venom towards that group? The top 5% pay more than a 1/3 of all income taxes, and the top 50% pay over 95%.

 

What more do the Democrats want in increasing taxes and rolling back to the present tax system? I love the child tax credits I receive and not being penalized for being married.

 

I don't quite understand it.

So that more lower income people will be taken completely off the tax rolls and become even more dependent on government programs then they already are.

So this helps who?

 

Does it come down to power?

You have to reach your tax base from somewhere. If tax structure takes less from one group it needs to take more from another. I wouldn't mind seeing a flat 10% across the board for everyone, including corporaitons if it was tied in to controlled spending and closing loopholes. What is the payroll of the IRS anyway? Could save billions just trying to collect it. It will never happen though.

I could go for a 10% flat tax myself.

Yet the workers at the IRS wouldnt be too happy.

I could go for a 10% flat tax myself.

Yet the workers at the IRS wouldnt be too happy.

 

We could convert them all to Immigration Officers, they already have all the false social security #'s to match to employers.

How does taxing the "rich" more help the middle class and lower class? How does it help my situation and those in the middle class and those in the lower classes?

Is it class envy?

 

From my perspective, I have a lovely wife and two wonderful kids and reside in the middle/middle class, I would venture to say.

 

How does taxing the rich help me or any other tax bracket below us? Why such venom towards that group? The top 5% pay more than a 1/3 of all income taxes, and the top 50% pay over 95%.

 

What more do the Democrats want in increasing taxes and rolling back to the present tax system? I love the child tax credits I receive and not being penalized for being married.

 

I don't quite understand it.

 

Check and see what percentage of the wealth of the country is controlled by the top 1%. Don't base your question on what percentage of the taxes they pay, ask your question based upon what percentage of the total money they control.

So you roll back the tax cuts that would then in turn affect me...losing the child tax credit, reemergence of the marriage tax?

That's crap, you penalize the people who are married to benefit the ones who are not and have children out of wedlock and so forth...Im not buying.

Check and see what percentage of the wealth of the country is controlled by the top 1%. Don't base your question on what percentage of the taxes they pay, ask your question based upon what percentage of the total money they control.

 

Why is the amount of money "they" control relevant to the issue of fair taxation?

So you roll back the tax cuts that would then in turn affect me...losing the child tax credit, reemergence of the marriage tax?

That's crap, you penalize the people who are married to benefit the ones who are not and have children out of wedlock and so forth...Im not buying.

 

Huh??

 

i am just saying that the top 1% of the wealthy control 95% of the wealth in the country. should they not pay 95% of the taxes?:confused:

Huh??

 

i am just saying that the top 1% of the wealthy control 95% of the wealth in the country. should they not pay 95% of the taxes?:confused:

 

I believe the percentage is more like 34%.

I believe the percentage is more like 34%.

 

Either # works for the sake of discussion. If 1% has 34% of the wealth should they pay 34% of the taxes?

I read a stat that said the top 0.1% (which is not one percent for those mathematically challenged) paid 17.4% of all income taxes in 2004.

Check and see what percentage of the wealth of the country is controlled by the top 1%. Don't base your question on what percentage of the taxes they pay, ask your question based upon what percentage of the total money they control.

What difference does that make? The higher tax rates on the wealthy is nothing more than a punitive tax for prospering.

^ that is what I am wondering.

Dems say tax them some more...the Bush tax cuts are for the rich...and so forth.

I would think the middle class benefits from a tax cut and is hurt by a tax hike. Especially when you talk about child tax credits and marriage taxes.