Does that make it inherently wrong?
"The latest data from the Internal Revenue Service show that more than half of all federal individual income taxes—50.8 percent—are paid by the five percent of taxpayers who earn the most. In 1996, the latest year for which data are available, this top five percent consisted of 6.0 million earners whose adjusted gross incomes (AGI) were higher than $101,202."
"Even among this prosperous group, the highest earners paid the lion's share. The top one percent of earners in the country are paying close to a third of all the taxes collected. That's approximately 1.2 million earners who paid 32.3 percent of 1996's federal individual income taxes."
The Tax Foundation - Top Five Percent of Taxpayers Pay Over Half of Total Federal Individual Income Taxes
It is a tax rate cut and considering that the middle class doesn't pay for half of the government it wants, why should they get any kind of break?
Yes, for me personally, it is morally wrong because the lower classes own less of the wealth. Putting that aside however, you will never gain public support for a tax system that will place a greater burden on the middle class.
We have been over this already and I have shown that the top 20% own 80% of the wealth.
If you think you can sell a tax plan to the middle class that puts a greater tax burden on them because they deserve a higher tax burden, have at it!
SCOTUS does not arbitrarily choose issues to rule on. SCOTUS rules on cases filed with the Supreme Court by others.
Because of that, I think it will take a Constitutional Amendment to further clarify what the Federal government is and is not authorized to do. That would not be unprecedented either as we have had numerous amendments to clarify this or that when the original Constitution did not anticipate issues that would come up in subsequent generations.
Do you think taxation is at an all time high or something?
Right, that's my point, no one has successfully challenged our progressive tax system in the last 96 years.
When did we get a progressive tax system? All I've ever seen is a socialist tax system.
I am not aware of the Supreme Court determining current Congressional duties to be unconstitutional. Do you have a link for that?
Learn the definition of socialism and then get back to me! :mrgreen:
I'm for removing income taxes, and increasing sales tax. Some of you were concerned that rich people would pay less taxes than today. That problem can be solved by not having VAT for essentials. Which means, poor people don't need to pay taxes at all.
Why shouldn't poor people pay taxes?
Why shouldn't they pay their fair share?
Okay, I'm back.
Since "progressive" was a propaganda term to hide the reality that Americans promoting socialism in the land of the free, what's your problem with people a century later pointing out their crimes?
Why shouldn't poor people pay taxes?
Why shouldn't they pay their fair share?
When did we get a progressive tax system?
Current Congressional duties are always Constitution.
The Constitution defines the duties of Congress.
What I'm sure was meant was current Congressional activities, such as creating socialist security, public education, the FHA, the NEA, and the latest scam, the Health Care Monster.
It's not really a tax break for poor people, because rich people can do the same, but they don't want to.
However, I sympathize with many poor people who struggle to keep their finances in order. I want to make sure that it is possible to live very cheap if you have trouble with the finances.
Yeah, keep the poor poor. Why should they get away without paying taxes?
Exactly.
They're personal failures aren't any excuse to relieve them of their duties to the nation.
They're consuming resources, they should pay for them.
I addressed this already in post #139 -
"In the late 1800's and early 1900's there was a group of super wealthy American capitalist known as the Robber Barons. Our elected leaders realized that if they did not pass some major legislation the Robber Barons would eventually own every inch of land in America and our founding fathers vision of an egalitarian democratic republic would be destroyed, and our Constitution would be worthless. So in 1913 they passed the sixteenth amendment to the Constitution and a highly progressive tax system."
History Of America's Highly Progressive Tax System
The Supreme Court would make the call on those charges as to whether they are Constitutional or not.
That's interesting.
The phrase "Robber Baron" refers to economic practices in Medieval Europe.
Can you explain why, when you yourself admit that something is illegal, you reverse yourself because some unelected body disagrees with you?
What did I admit was illegal? You've already shown you interpret things from your own unique perspective, so don't forget to include my quote to back up your claim.
Exactly, that is why a consumption tax makes no sense.
"Rich Buying Again, But Middle Class Still Hurting"
"The poor have no assets to protect them against inflation.
The middle class have some assets to protect them against inflation.
The rich have most of their assets protected against inflation.
Those with Government contracts are protected against inflation because they receive the newly created money through government contracts. This is value indirectly stolen from the poor and middle class and given to the rich.
Consider this: you are poor and you would like to save up cash for a large purchase. As you save money, you reach a point when the cash you have in savings loses value faster than the rate at which you can save.
Each year new money is created out of nothing and put into existence. This is an indirect tax on the poor and middle class or anyone who is not hedged against inflation. This is an immoral, though lawful, system."
How Does Inflation Hurt the Poor and Middle Class?
You mean like the hedge fund manager's that earn 400 times what a high school history teacher makes with no more education than the history teacher.
That's why it is a MINIMUM wage. States where it is more expensive to live can set their wages higher.
Yes, for me personally, it is morally wrong because the lower classes own less of the wealth. Putting that aside however, you will never gain public support for a tax system that will place a greater burden on the middle class.
If you think you can sell a tax plan to the middle class that puts a greater tax burden on them because they deserve a higher tax burden, have at it!
We have been over this already and I have shown that the top 20% own 80% of the wealth.
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