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

To whom do you imagine the bailouts went?

One way or another, the rich pocket essentially all government spending. That is why they get rapidly richer without lifting a productive finger. Hello?

Proof? The fact is, it is rare for the rich to pay even 1% of their net worth in taxes. It is routine for the middle class to pay 10% or more of their net worth in taxes, and for the poor to pay 100% or more of their net worth in taxes.

The middle class and poor must pay the rich for access to those benefits. It is therefore the rich who actually GET the benefit, not the middle class or poor.

But whenever the poor or middle class want to use any government services or infrastructure, they have to pay a (usually rich) landowner full market value for access to them. It is therefore the rich who actually GET the benefit of that government spending, not the putative beneficiaries.

 

"Punishing success"? A slightly higher tax rate on upper bracket income is by no means "punishing success". How does that argument even work? Success and failure are their own reward and punishment in this case, as a person who makes more will never end up with less than a person who makes less via the current system of taxation. Hell, even with 90% tax rates on the top bracket, it wouldn't end up this way.

Yes. And the government needs to finance its operations (operations with benefit, by pure value, the rich far more than the poor), and you can't squeeze blood from a stone.

 

Most of what the government does (and spends money on) is protecting the wealth of the wealthy. The rich get a lot more out of government than any of the rest of us do.

For most people, the government is an authority. For the wealthy, government is a resource -- one without which they could not maintain their wealth.

 

I love watching authoritarian leftist trash try to justify theft of individual rights, liberty and private property.

(*)(*)(*)(*)ing LOVE it.

 

Man, the right wing cool aid is flowing.

Since 1981 when Ronald Reagan started pushing voodoo economics, the rich (top 1%) share of the income pie has increased 150% and their share of the tax pie has increased 116%... This is what you call punishing success? If I told you your income was going to go up 150% but you would not pay 150% more in taxes, you would think that was being punished? That is ridiculous.

The top 1% make 20% of all the income and the bottom 50% make 12.75% of the income. If you think the bottom 50% should pay as much as the top 1%, then the problem is with you, not with other people.

Oh, and the wealthy currently pay the lowest overall tax rates in over 80 years.... This is being taxes too much to you as the country goes broke, the wealthy have the largest concentration of wealth in nearly 100 years and corporations are making record profits. and you probably think the problem is that the poor don't pay enough.

 

What I find amusing is when capitalists do that ... and then claim that it's us leftists doing it. But what can you do? People that never question their own beliefs -- they're hopeless.

 

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

give me one reason why the Rich should pay LESS taxes per dollar they earn then the working class does?


.

 

But they contribute more to society,,jobs, careers and much more.....Their income is their reward for doing these things, you are taking that reward for yourself and others.
It's like saying ''I am moving into your house, because it's bigger. It's not yours...

 

They pass this garbage down to their kids as well, instead of pointing out people with money as successful they teach them to suck off them.
Great frigin parenting......

 

No, they don't. It's the working class the does all the work, by definition. All the rich do, by definition, is reap rewards.

 

So the Government can waste it of course.

 

The rich have more in the game. It means they have more to gain or lose by how well everyone does in the economy they exist in. The money they pay in taxes should ensure that the country they exist in will continue to do well.

I doubt that most businesses want to be personally responsible for all the things that keep their economic environment stable. It is very naive to think they could, even if they wanted to.

Taxes amount to rent. They go up (rent and taxes) when things need to be done. Chances are that if you live in a better house or apartment your rent will be higher than someone living in a trailer park.

I would guess that the rent on trailers goes up less often these days because the people living their are more likely to be making less money. I would guess that the rent on luxury apartments is going up more often as the people living there make more money these days.

It is obviously a weak analogy, and I am sure a lot of people do not understand the agony of rental increases. But come on..... does anyone think that everything would be perfect if no taxes were ever collected????

 

If you condider pumping gas or packing groceries successful then no wonder we are in a mess, the rich do things that require intelligence, things that move our country forward and that produce real jobs. It is they that should be admired and copied not some Government employed leech.

Instead you vilify and rape them......

 

Take the amount the poor pay in taxes plus the amount the poor spend on survival needs and check that as a percentage of income.
The rich should spend the same amount for survival and taxes that the poor do as a percentage of their income. Lower percentage needed to survive higher percentage they should pay in taxes.

When they both pay equal, percentage wise, for survival and taxes then they are even.

 

Well, those men who make millions do not do so off their own labor alone. Their income comes from a system comprising of the labor of many people. If you earn an income from the profit of many people, your taxes should reflect the same. That is the difference between you and the head of wherever you may be working. You work off and profit from your own labor.

Leeches occur at all heights of society, from the bottom to the top. You can't seriously say this just after witnessing billions of taxpayer dollars fund people who took the same from everyone else. Also, intelligence can be found all over from top to bottom also. People who earn a modest income are also employed in areas requiring intelligence. Villains and rapists can also be found at the top and bottom...I could go on, lol.

I think you are glorifying the rich here. A lot of people tend to focus on petty crime and petty criminals when white collar criminals may not outnumber the former, but the effects of their actions affect far more people to a much greater degree. White collar crime is the most destructive and immoral form of crime in existence, leading anywhere from the theft of nations to drug, human, and arms trafficking; to the financing, support, and profiteering from genocide to the impoverishment of entire peoples.

The rich are not benevolent grandparents here to serve us. They serve themselves to their own ends and if we happen to benefit every once in a while, that's just the trickle down effect. Bread crumbs and all that.

 

No, it doesn't- at least if government had not interfered on behalf of the rich in the first place.

A poor man's inumberable rights cost exactly thr same as a rich man's to defend, as they are exactly the same right for a poor man as it is a rich man's. What a person chooses to do with those rights, as well as the benefits and consequences there of, are of that individual's choosing.

 

I have made this argument too many time to repeat it here, so I will copy and paste an OP I started at this forum before.


The rich should pay a higher tax rate for a very simple reason, and that reason has absolutely nothing to do with socialism, jealousy, punishing the rich, nor any other absurd fantasy, propagated by the propaganda the wealthy members of the world fund.


No the reason the rich SHOULD pay a higher tax rate is quite simple, it is because they benefit more from government. Taxes are basically at their most simple level, a payment to government for services rendered. We pay them to protect us, to give us health care, to create laws, etc. Those may not be services that you want, but they are services that enough people want, that it is the reality.

The services that the federal government provides to the average person are pretty low in monetary value. A person may get use of interstate highways, they may get some protection of their property, etc.

This is the very simplistic place where the difference is obvious. The wealthy own more property, and they own A LOT more property. It is therefore much more expensive to protect their property, and therefore they should pay more in taxes. However, one could argue that they already pay more in total taxes, and the difference is made up. I would agree, and if that is where the differences ended, I wouldn't have a point.

The problem is, that isn't where they stop. The wealthy also get a huge array of services from government. To preface this, I am in no way judging the validity or social value of any of the proceeding services. I am not judging them on their social value, only on their monetary value.

The first most obvious service the wealthy receive, is the government offers patent and copyright protection. The government spends a lot of money protecting those patents, and those patents are worth billions(trillions??) of dollars. They are worth billions to single individuals like Bill Gates alone. While gates would be wealthy either way, without the legal monopoly protection of a patent, he would be no where near the billionaire that he is, because others would be free to make software capable of competing with Microsoft more effectively. Of course their is some competition now, but the barriers to entry created by microsofts ownership of patents/copyrights allows them to keep out competitors, and that drives up prices and makes them billions, while costing the average consumer.

The next service government provides is that they give bailouts to wealthy companies, and that benefits the executives, bond-holders, and shareholders of those companies most. The average person doesn't get bailed out when their business is failing.

Government also gives subsides to all sorts of different groups.

Government also gives no bid contracts to large corporations, and that enriches those companies and their executives.

Government also is committed to our imperialistic foreign policy. That foreign policy does not benefit the average person in any substantial way, and in fact it is very easy to argue that it makes them less safe. However, who does benefit? Obviously oil companies. Our military interventionism in the Gulf region has allowed us to exert enormous amounts of control in the region, and allows us to work out control over the price of oil. That doesn't mean they keep the price low either, they keep it steady and relatively high by controlling production. Oil wells are capable of extracting more, and therefore lowering the price, but the US and OPEC work to ensure the price is stable and relatively high. The other groups that benefit are Lockhead Martin, Boeing, Haliburton, Blackwater, etc. Now the regular employees of that company benefit as well, but again we are talking about the monetary value of those benefits(since taxes only draw from those monetary resources), and the regular employees benefit at a fraction of the amount of the executives, bondholders, and shareholders!!


I could go on as well, and continue to list all the things government does for the wealthy, but I already feel like this is too long for many people at this forum to read through, as they prefer 2-3 sentence partisan bickering!! So in summation, the wealthy SHOULD pay a higher burden of the taxes, because they receive a greater share of the benefits from government. Asking them to pay an equal amount of taxes to everyone else, would be like giving 2 people a car. A rich person and a poor/Middle Class person both get a car, therefore it is only fair that they pay the same amount. Except of course, that leaves out the fact that the car the wealthy are receiving is a ferrari and the car the poor/middle class are getting is a 1970 Ford Pinto!! All cars are not created equal, and therefore no sane person would expect you to pay the same amount for different quality cars. Why do we accept that the very wealthy should not pay more for the vastly superior services they receive from government? It is entirely absurd!!

 

And you choose not to inquire too closely just how it got to BE "their" money....

No, they do not, because the overwhelming majority of "their" money was GIVEN to them by government, in the form of the rich's privileges. The overwhelming majority of the poor and middle classes' money, by contrast, was EARNED by productive labor.

 

But the rich are the ones who OWN almost all the corporations. So almost all corporate profits, share value gains, etc. are going into the pockets of the rich, not the poor or middle class.

IME it's very difficult to identify even one rich person who actually earned the bulk of his wealth by commensurate contributions to wealth production.

 

But it did, it does, and that is not going to change.

No, that is obviously just stupid, dishonest filth from you. The poor man's non-existent patent costs the same to enforce as a rich man's company's patents? REALLY??? ARE YOU REALLY THAT STUPID OR THAT DISHONEST?

The bank that a poor man owns, gets the same privilege of printing government-backed debt money to charge interest on as the bank a rich man owns???

Oh, no, wait a minute, that's right: POOR PEOPLE DON'T OWN F*CKING BANKS.

HELLO???

No, that's just more stupid, evil, dishonest filth from you. The rights of the poor and middle class have in fact been forcibly removed by government, and made into the property of the rich, and THAT IS WHY THE RICH SHOULD PAY MORE F*CKING TAX.

 

Why would you even bother humiliating yourself by posting such stupid, dishonest filth?

 

Wrong. The extent to which taxes can be passed on is determined by the relative elasticities of supply and demand, a fact of economics that has been known for many decades, and is not disputed by ANY competent economist. It is merely a fact that is not known to YOU, because you do not know any economics.

Google "tax incidence" and start reading.

 

The greedy will do anything and everything to get something for nothing. Their "success" at getting something for nothing should be "punished" by taxation.