Give me a good reason why the rich should pay more taxes

Discussion in 'Political Opinions & Beliefs' started by spj0487, Jul 2, 2012.

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  1. spj0487

    spj0487 New Member

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    Ok, I want to know why the rich should pay more taxes when they are the largest contributors to the tax pool, and enjoy the same services as everyone else. They uses the same roads, infrastructure in cities, and are protected by the same laws. I'm not rich, I make $10 and hour, work 40 hours a week. So just tell me why some of the country says they should pay their fair share when one man making a million a year pays as much as 20 middle class people even when deductions are used when doing their taxes.
     
  2. Daybreaker

    Daybreaker Well-Known Member

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    Because they have more money.
     
  3. Meta777

    Meta777 Moderator Staff Member

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    I'll give you 5 good reasons:

    1. The deficit.

    2. Fairness, from a user perspective, you say that the rich use the exact same services as everyone else, but when an employee uses a road to get to work, or to do work, it benefits not just that employee, but also his or her employer. So now do the math and ask yourself who really benefits more from a single road. A single employee, or a wealthy employer who employers multiple employes who each make use of the road for the benefit of that employer, in addition to the employer's personal use of the road. Note: this does not just apply to roads.

    3. Fairness, from a beneficiary non-use perspective, defense makes up a large chunk of the federal budget. Who do you think benefits most from defense?

    4. Preservation of opportunity, so that others may have the same or similar opportunity to become successful as the current rich and wealthy had.

    5. Practicality, taxing the rich more is the best way to maximize economic efficiency, as the whole idea of Trickle-down has been dis-proven again and again.

    -Meta
     
  4. RiseAgainst

    RiseAgainst Banned

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    Because think of the federal government as a cup of.....uh.... fruit punch. If we keep fillining up the cup some fruit punch is bound to overflow on us, the 99%/peasants... so long as we tilt our heads up, put out our tongues and aim right, we will get a taste.
     
  5. JIMV

    JIMV Well-Known Member Past Donor

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    There is only one reason why the rich should be taxed more highly...

    There are vastly more folk (voters) than rich folk....Once enough of the total pool of voters either buys the idea that the rich deserve fleecing or get goodies funded by money taken from the rich, we have all the justification needed to take more from the rich.

    This situation remains until one of two things happens

    1. The body of voters NOT getting goodies plundered from the rich have a moral awakening (something rarer than catching big foot).
    2. The money from the rich runs out and the goodie delivery stops causing immediate loss of political support for the politicians who had risen to power and maintained it by looting the rich.

    When that happens the traditional result is chaos, riot and the rise of right wing governments as the newly cut off poor abandon the left in droves.

    This end is inevitable...the only question is when and how messy is the period between the crash and the new government.
     
  6. JIMV

    JIMV Well-Known Member Past Donor

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  7. Unifier

    Unifier New Member

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    ^This is what it's all going to boil down to.
     
  8. JIMV

    JIMV Well-Known Member Past Donor

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    Sort of like Willie Sutton's banks...
     
  9. JEFF9K

    JEFF9K New Member

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    Horrible logic! If you are making ten-dollars-an-hour you are overpayed!

     
  10. JIMV

    JIMV Well-Known Member Past Donor

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    If you have no skills...yes, you are overpaid
     
  11. RightToLife

    RightToLife New Member

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    i go back and forth on this issue. im leaning towards a flat tax rate though, reason being rich shouldnt get taxes more because

    1. they use less government services

    and

    2. they pay their fair share just like everyone else. in fact theyre share is a LOT BIGGER than the share of the non rich people.
     
  12. Roy L

    Roy L Banned

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    You have two false premises right there. The rich contribute far less than their rightful share of taxes, and they get far more benefit from government spending than the middle class or poor. The rich got more federal money in bailouts in two years than the poor got in the previous 20 years.
    It is not the user of roads or infrastructure who gets the benefit of them but landowners, as each user is required to pay a (usually rich) landowner full market value for ACCESS to the roads and infrastructure. If you are paying rent or a mortgage, you are paying rich parasites for government-provided roads and infrastructure.
    If you are not rich, and you are not angry, then you do not understand what is being done to you.
    It's very simple: the two most fundamental and widely accepted principles of sound taxation are "ability to pay" and "beneficiary pay." These two principles are explicitly identified in virtually every economics textbook that treats taxation issues. On both principles, the rich are currently paying far less tax than they should: they are paying far less than proportionally to their ability, and they are paying far less than they receive from government and the community in the form of privileges and other benefits.
     
  13. Roy L

    Roy L Banned

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    False. The rich take vastly more from government and society than the poor or middle class.
    The rich pay far less than their fair share, relative both to their ability to pay and the benefits they receive from government and the community.
     
  14. Stagnant

    Stagnant Banned

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    Well, let's assume middle class is something like an income of $40,000 per year. That's slightly on the low side, but your million a year is too. What's 40 * 20? It's not quite 1000. The fact is that while the rich pay most of the taxes, they pay less taxes then one would expect them to by share of wealth. Keep in mind that the top 1% in this country owns upwards of 37% of the total weath, and 42% of the total yearly income.
     
  15. Leffe

    Leffe New Member

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    Because every period of significant economic growth in the US was at a time of higher taxation rates on the most wealthy?

    And at this moment the US needs some of that economic growth stuff.
     
  16. RightToLife

    RightToLife New Member

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    1. proof?? most rich don't take any government money.....

    2. they pay WAY MORE in taxes. 1 rich pays like 30 middle class american's worth of taxes. plus they dont receive help like college loans, they use private schools, no welfare, dont need social security.... the list goes on and on. rich use less than the poor and middle class BY FAR they barley use any
     
  17. stonehorse

    stonehorse New Member

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    Not really.
    Ag subsidies go to rich corporate farmers.
    All the corporate welfare goes to the rich who own the corporations.
    Eminent Domain laws take property from citizens for the rich to develop and profit from.
    Our bloated military is used for the advantage of the owner class.

    The rich are getting a free ride on the backs of the working people.
     
  18. RightToLife

    RightToLife New Member

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    not all rich people are corporations. should corporations be taxed more? of course. should all he rich? of course not... that's my argument
     
  19. ragin cajun

    ragin cajun New Member

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    North Korea has a hovel waiting for you, you will love it there, they think the same way you do. pack your (*)(*)(*)(*) and move.
     
  20. ragin cajun

    ragin cajun New Member

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    corporations do not pay taxes, consumers pay corporate taxes in the prices of everything they buy. Raising corporate taxes only hurts consumers.
     
  21. TedintheShed

    TedintheShed Banned

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    They shouldn't. It's their money. They have the same right to it a a poor or middle class person has to their money.
     
  22. Unifier

    Unifier New Member

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    I actually kind of agree with this. If elected officials cannot figure out a way to run the country without punishing success and rewarding failure, then this highlights their own inefficiency, not a flaw in someone else's character for wanting to keep what they make.
     
  23. TedintheShed

    TedintheShed Banned

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    The irony is that the inequalities that people complain about are usually created by government. For some inexplicable reason people think that more government will be the great equalizer.
     
  24. akphidelt2007

    akphidelt2007 New Member Past Donor

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    "We need Congress, right now, to enact a minimum tax on high incomes, I would suggest 30 percent of taxable income between $1 million and $10 million, and 35 percent on amounts above that. A plain and simple rule like that will block the efforts of lobbyists, lawyers and contribution-hungry legislators to keep the ultrarich paying rates well below those incurred by people with income just a tiny fraction of ours. Only a minimum tax on very high incomes will prevent the stated tax rate from being eviscerated by these warriors for the wealthy."

    - Warren Buffett
     
  25. akphidelt2007

    akphidelt2007 New Member Past Donor

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    LOL!!! I love how conservatives and libertarians just make whatever they want up. Can you give one logical example of how the Govt creates inequalities and how "less" Govt creates less inequalities. Can't wait to hear this, gotta get the popcorn ready!
     
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