You guys know it's not 70% on the total income, right? Not asking in a mocking way.
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'Murica! (119 Viewers)
- Thread starter Fake Melo
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Don't the super rich in the US already benefit from loopholes and tax breaks? They should be paying more in taxes.
They use people. People who pay taxes. All rich people who earned their money did so with the help of consumers. It's not literally about how many roads you drive on, it's about paying back what society gave you. The society gave you money for your product and service, so you give back to society. And because society gave more and continues to give more to the wealthy, they should give back more.
They use people. People who pay taxes. All rich people who earned their money did so with the help of consumers. It's not literally about how many roads you drive on, it's about paying back what society gave you. The society gave you money for your product and service, so you give back to society. And because society gave more and continues to give more to the wealthy, they should give back more.
Effective tax rate for many rich people is already less than mine. Romney's was 14% for instance while I pay ~21%, and I live in a state with no state tax. Warren Buffett has said many times that his tax rate is less than that of his secretary. Rich people definitely pay more dollars in taxes, but calling it disproportionately high as you said is bullshit.
The rich also use more government infrastructure (think roads, their companies may have trucks and other vehicles). Their goods move on roads built and maintained by society.
The rich also travel more and internationally. That means they're going to use the TSA, FAA, Air Traffic Controllers (probably FAA), the State Department, the US Embassy, the SEC (or Treasury, not sure who governs currency exchanges), and host of other governmental services and regulations that that go along with inspecting airline companies and regulating them - that someone who does not engage in international travel would use.
Or for instance, a hedge fund manager needs the Securities and Exchange commision to protect them more than a factory worker. There are multiple examples like this where the rich use more government resources.
Housing? the 5 million households in America making more than $200,000 a year get a lot more housing aid than the 20 million households living on less than $20,000. It's not even close. https://www.cbpp.org/research/housi...ng-is-poorly-matched-to-need?fa=view&id=4067
Don't wanna get into a debate on who uses more government services. It's just really hard to quantify tbh and it'd be an exhausting debate.
But like I said, it's in the best interest of the super rich to keep the masses educated and heathy so they can keep purchasing goods and services. Not to mention having educated people working for them.
The rich also travel more and internationally. That means they're going to use the TSA, FAA, Air Traffic Controllers (probably FAA), the State Department, the US Embassy, the SEC (or Treasury, not sure who governs currency exchanges), and host of other governmental services and regulations that that go along with inspecting airline companies and regulating them - that someone who does not engage in international travel would use.
Or for instance, a hedge fund manager needs the Securities and Exchange commision to protect them more than a factory worker. There are multiple examples like this where the rich use more government resources.
Housing? the 5 million households in America making more than $200,000 a year get a lot more housing aid than the 20 million households living on less than $20,000. It's not even close. https://www.cbpp.org/research/housi...ng-is-poorly-matched-to-need?fa=view&id=4067
Don't wanna get into a debate on who uses more government services. It's just really hard to quantify tbh and it'd be an exhausting debate.
But like I said, it's in the best interest of the super rich to keep the masses educated and heathy so they can keep purchasing goods and services. Not to mention having educated people working for them.
Lol no it won't, for the very simple reason that you don't take into account additional taxes besides income tax, seriously i can't imagine someone arguing that the rich use up more of the state's resources. Even more comical is the example of housing you bring up which is expressed in get this tax and interest deduction lol what they ought to show is govt programs where people get free money, yes free money. They get some 10-15k off the bat even with horrendous credit, not to mention lower interest. Not even gonna delve into section 8 and other subsidised living for the poor.
Also your example of traveling more is cute
once again additional taxes and two how dwarfed that is by subsidised public transport and other services.
As for who needs who, it's the other way around, don't confuse the rich with the government it is the system that needs people not to rise up, the rich can just pack up and go. Additionally, people flock to America not because it offers the most handouts but opportunity, and that's what this commie hag and her comrades want to kill off.
Also your example of traveling more is cute
once again additional taxes and two how dwarfed that is by subsidised public transport and other services. As for who needs who, it's the other way around, don't confuse the rich with the government it is the system that needs people not to rise up, the rich can just pack up and go. Additionally, people flock to America not because it offers the most handouts but opportunity, and that's what this commie hag and her comrades want to kill off.
Lol no it won't, for the very simple reason that you don't take into account additional taxes besides income tax, seriously i can't imagine someone arguing that the rich use up more of the state's resources. Even more comical is the example of housing you bring up which is expressed in get this tax and interest deduction lol what they ought to show is govt programs where people get free money, yes free money. They get some 10-15k off the bat even with horrendous credit, not to mention lower interest. Not even gonna delve into section 8 and other subsidised living for the poor.
Also your example of traveling more is cute once again additional taxes and two how dwarfed that is by subsidised public transport and other services.
As for who needs who, it's the other way around, don't confuse the rich with the government it is the system that needs people not to rise up, the rich can just pack up and go. Additionally, people flock to America not because it offers the most handouts but opportunity, and that's what this commie hag and her comrades want to kill off.
Also your example of traveling more is cute
once again additional taxes and two how dwarfed that is by subsidised public transport and other services.As for who needs who, it's the other way around, don't confuse the rich with the government it is the system that needs people not to rise up, the rich can just pack up and go. Additionally, people flock to America not because it offers the most handouts but opportunity, and that's what this commie hag and her comrades want to kill off.