Top 3% of Taxpayers paid majority of income taxes in 2016.

The top 1% paid more than the bottom 90%.

Can some lib explain to me how this isn't a "fair share"? I have asked for years exactly what a "fair share" is, and I have yet to have a single lib be able to articulate what it is.

https://www.bloombergquint.com/glob...d-majority-of-income-taxes-in-2016#gs.yNzAW8A

 

Another way to look at this is that 1409 taxpayers paid more than the bottom 70 MILLION taxpayers.

Sounds like a "fair share" to me.....

 

Definition of a liberal: Someone who sees a multi-millionaire paying millions in taxes and an unemployed welfare mom-of-6, and concludes the millionaire is the one not "paying their fair share."

 

The poor dears...…

Maybe Uncle Stevie from Goldman will dream up another break for them that he can slip under Trump's nose to rubber stamp!

 

Well it kind of makes sense when the top 0.1% of American households hold the same amount of wealth as the bottom 90% [source].

“Fair” would be not allowing that kind of wealth to accumulate in the first place.

 

How do you propose to limit income?

 

Fair share or not?

 

The top 1% earn 20% of all income and the top 3% earn even more so this problem you are pointing to is partially caused by the ridiculous level of inequality that we have. Also, the income tax is only 1/3 of all government taxes and is highly progressive while the rest of taxes are regressive.

Looking at only income taxes is cherry picking and ignores 2/3 of all taxes. Looking at the percent of taxes paid for the rich is highly influenced by income inequality favoring the rich not unfairness toward the rich. Its best to look at the percent of incomes paid in taxes for the rich, poor, and middle class. Well, here it is.



So, the democrats are wrong that the rich aren't paying their fair share and the republicans are wrong that the rich have vastly higher tax rates than everyone else.

So what tax rates are fair and are the rich paying their fair share? Well, it doesn't matter. We should create a tax code that maximizes the economic prosperity of workers in the long term and this is more important than fairness. Too much favor given to the rich will result in them taking most of the economic growth, and even with the rich paying higher tax rates, they still take most of the economic growth. Too high taxes on the rich will result in businesses and employment being hurt which will also hurt the middle class. We should balance our taxes so that we get income inequality like that in the 50s and 60s.

Most importantly, money from taxes should directly benefit all workers both rich or poor and shouldn't go into the government waste we see today which doesn't really benefit workers at all. We should fund universal healthcare, child care benefits, retirement benefits, and higher education which benefits workers.

We should cut out all the thousands of programs of government programs and waste, reforming our healthcare system to be cost effective like other countries, overhauling and dramatically reducing regulations to stop hurting businesses. We should also roll up all taxes into the income tax and removing almost all deductions to eliminate tax preparation paperwork, including eliminating all business taxes and fees into the income tax so businesses go tax free.

 

So you are in favor of a flat tax?

 

leftists tell you they're advocates of rights and liberty.

nothing could be further from the truth.

 

I believe that taxes should be about creating prosperity for the middle class not being flat or fair. I believe in prosperity over fairness. Democrats and Republicans keep fighting over whether flat taxes are fair or whether the rich are paying their fair share. My answer is that I don't care. I'd simply adjust the income tax to adjust income inequality to levels we saw in the 1950s, so no I don't believe in a flat tax.

 

They don't care about a "fair share".

They care about eating the rich, and class warefare.

Its marxist dogma by now.

 

A much steeper progressive tax system, like one that was seen for most of America’s history.
Eliminating loopholes and simplifying the tax system would also help

 

Marxist dogma.

 

Tell us, what percent would be fair seeing as how 0.1% of the population has as much wealth as 90% of the population? In the thread about Kushner many cons were praising him from avoiding taxes altogether.

 

Marxism is complete equality. The type of economy we had in the 50s and 60s wasn't marxist and in fact we were very anti-marxist at that time. That is the level of inequality I think is healthy.

 

They earned that wealth, why should they be penalized for it?

Half of people don't pay taxes as is, maybe they need some skin in the game.

 

Marxism never results in equality.

There are still the elites and the poor.

We didn't have a Marxist economy in the 50's.

Get out of the past bro.

Marxism is a dated ideology of failure.

 

I noticed you didn’t answer the question. Try again

And your last statement is a flat out lie. Everyone pays taxes. You realize there are hundreds of taxes beyond federal income taxes, right? Of course you do but playing like a moron lets you make outrageous statements so continue on I guess. It works on the uneducated (Trumps bread and butter)

 

Most of America's history?

Um, there was NO income tax in America until 1909.

Doh!

 

I never said marxism resulted in equality. They were obsessed with fairness and defined that as equal income, and in the end failed to do this. I oppose this obsession with fairness and instead we should focus on producing great results and great growth.

Yes, we didn't have a marxist economy in the 50s and that is the type of economy we should strive for. Most of the growth went to workers but the rich were also getting richer too. The economy was growing a lot faster then. People were harder working and had better values. We didn't have all the oursourcing we have now. In the 70s we lost that magic spark and the middle class has mostly been stagnant since. I think that an economy with that level of growth in inequality is ideal. I believe that to craft a great future we need to look at examples from the past and since history repeats I refuse to get out of the past.

 

Taxes are to fund the necessary functions of the Federal govt. They are not there to engineer income levels for certain groups.

 

The replies in this thread confirm your post.

 

So if everyone pays taxes, lets do the same for the income tax.

 

Many of them say it outright.

Others hide behind "common sense" reforms.