The Rich Really Do Pay Higher Taxes Than You

So you think people who elect to live in states with exceptionally high local taxes should have their federal liabilities reduced?

States operate in a competitive environment for citizens and business.

What it appears you want to do, is save tax and spend liberal havens by being subsidized by more conservative states.

No thanks. Tax and spend big government is a failure.

 

How about reducing spending?

 

The intent of taxes is to share the cost and burden of government.

I guess the bottom 50% of earners don't benefit from our governement?

 

The Rich Really Do Pay Higher Taxes Than You

What a mathematical epiphany for a bon mott...

 

Not in any way like the 1% does....I wish I could earn 500k a year to work as a securities compliance examiner for the fed....Hell we got 475 a month as a soldier..

 

We've seen this trend for some time now, coaching people in the belief that the only reason that are poor is that somebody else is rich- and the solution is to steal the wealth from those who build it, and give it to those who did not- which will be like flushing it down the drain, so in the end everybody can be equally poor. That's "Equality", democrat style.

 

So only Democrats tax for govt use?

 

Yes...the left doesn't want the poor to be richer, in fact they want the rich to be poorer.....they want and need people dependent on Govt...it's how they can maintain power.

 

How does the federal government not work for everybody?

Everybody should share that cost.

Ironically, the people that advocate for an ever expanding government are also the ones that don't feel they should have to pay for it.

 

Income tax codes severely hinder one from becoming rich. They were devised by the rich, for the benefit of the rich, who make their money via government largesse, all made possible by taxing the **** out of the little guys.

 

It's like dealing with jealous, selfish little babies who want a red sucker, cuz their brother got one

 

What-ever..

 

They also make laws for tax avoision and I have not paid fed taxes in decades..

 

Missed the point. The democrats are most likely to see your money as their money, and you as evil for having acquired it.
NO government is efficient or fair- because politicians aren't, and too many people are willing to settle for it.

 

If you don't have state tax deductions, then people who are benefited by a state's policies will flock to them, while those who are taxed will flee. As a result, states actually tax their wealthy people less than working class, because this attracts wealthy taxpayers. However, such a system isn't equitable. Even with our current tax deductions, this is still happening, it would be worse without them.

 

The intent of taxes is to fund the government and government functions. This should be done in such a way as to minimize its economic harm on the general population.

 

I see you say that politicians are not efficient and fair unless they are Republicans, what a load.

 

Some interesting reading for you. Those who move away from high tax states, are pursued by the States, grasping at income.... https://www.cnbc.com/2019/03/08/tax-collectors-chase-rich-new-yorkers-moving-to-low-tax-states.html

I live in a no income tax state, but we have a higher sales tax. We are where a number of NY/NJ/Ct escapees are moving to, where they actually have a choice as to what they spend, rather than being penalized for what they earn.

 

The actual tax rate it not the only factor in determination as to how much the higher monied classes pay versus the middle class. You need stats for what is the effective rate of tax payment.

 

I said: "NO government is efficient or fair- because politicians aren't, and too many people are willing to settle for it."

What part of "NO government" didn't you understand?

Any ninny can check the federal stats on this.

The top 10% of our taxpayers are paying 70% of the total federal income tax.

The rich really do pay higher taxes than you do.

 

Those are the effective rates I posted and I have repeatedly posted the shares of total taxes paid. You have all the stats you need try again.

 

Unless you are a Democrat and then the intent of taxes is to satisfy their envy of the more successful and transfer their money to other people. For instance capital gains tax rates. We know historically that rates between 15% - 20% produce the most revenues yet the Democrats want to raise that rate to 30%+ which will also hurt the economy because it is "not fair".

 

We have gone over this before. You have no actual evidence the optimal capital gains rate is 15-20%. The only evidence you use are economic bubbles that definitely didn't happen because of the rate cut.

Many democratic voters are motivated by envy, especially the socialist ones. However more mainstream democrats and the politicians themselves are simply looking for a source of revenue for the programs they are proposing.

 

But then people in states with high sales taxes will go over to states with no sales tax to buy stuff because sales penalizes buying and economic activity. The wealthy tend to have a lot of resources at hand and can easily work around the system giving themselves unfair advantages.

 

Yes. That everybody benefits from

Why?

What your perspectives have created is the idea that government is in place to support people from cradle to grave while simultaneously telling those dependent people that others should pay the bill.

Sorry. No. The desire to use our tax structure as a means of pushing socio and economic "justice" is not the intent. And this is why the left gets so much push back from the conservatives.