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Originally Posted by Wildbore";p="
Don't the rich already pay income taxes at under half the rate of everyone else?
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Nope. The rich have the highest marginal tax rate of 33%. As was stated above, the bottom 50% pay a very small portion....several millions at the very bottom of the pay scale don't pay any. In fact, they get what is called an Earned Income Credit....meaning they pay nothing in, but still get a check from Uncle Sam (which comes from the rich).
Quote:
Originally Posted by Wildbore";p="
The rich are paying hardly any taxes relative to their income. The tax burden is on the average person, it seems wrong for the government to focus on making the rich more comfortable.
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They don't. They focus on job creation and having the economy do well. That creates jobs....which results in benefits and take-home pay for lots of people.
Quote:
Originally Posted by Wildbore";p="
Its even more wrong when the US is spending like mad and can't pay for any of it.
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And most of that money comes from the "rich." But I agree......stop taxing them so much and stop having so many gov't programs that are wasteful and inefficient.