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reality you say?.. hmmph
so you are sitting here telling me that enacting UHC will mean the government will pay out less in healthcare costs than it does now? is that your argument?
No one should ever have to pay more than 40% in total taxes.
Sadly, with today's tax environment some people are paying above 50% total tax.
I recall that M Romney's FEDERAL tax rate was 13%...in states with income taxes like Ohio and combined with the federal death tax, someone with earned income of 400K or more will be paying over 60% of their income in total taxes
I recall that M Romney's FEDERAL tax rate was 13%...
So how do you explain the remaining 47% ????
And alligator or is it crocodile tears for that poor little and whiny rich SOB, regardless of the rate..
that earned income qualifier must have missed your eyes
One of the few that still believe you shouldn't have to pay the same tax rate for income you haven't earned.
I believe the rate should be the same
ZERO
or the same for everyone-period
There is no doubt in my mind that the tax system is horribly broken, very wrong, and totally inequitable...BUT: it is NOT the solution to the problem. Show me the tax rate that will balance the budget and pay down the idiotic debt in one lifetime and I will show you the tax rate the NOBODY can ever pay. The measly 15 or so Tn$ of debt pales by comparison with the HUNDRED++ Tn$ of unfunded liabilities from future entitlements. Until spending is corrected (and IMHO deficit financing for ANY government is made constitutionally impossible) the whole mess is going nowhere but down the drain.I couldn't care less who's got what. I was talking about the billionaires who have more money than they could possibly ever spend because that's who I thought Obama was talking about when he said the whole fiscal cliff solution was being held up by a "small sliver of the very wealthiest who didn't want to pay a little more". I would think the small sliver is far beyond the 50-100k bracket..
There is no doubt in my mind that the tax system is horribly broken, very wrong, and totally inequitable...BUT: it is NOT the solution to the problem. Show me the tax rate that will balance the budget and pay down the idiotic debt in one lifetime and I will show you the tax rate the NOBODY can ever pay. The measly 15 or so Tn$ of debt pales by comparison with the HUNDRED++ Tn$ of unfunded liabilities from future entitlements. Until spending is corrected (and IMHO deficit financing for ANY government is made constitutionally impossible) the whole mess is going nowhere but down the drain.
Of course you do! Anything that benefits the wealthy and hurts the middle class, you are for!
The problem I have with shouldering the burden on the wealthy "a little bit more" is that it creates a slippery slope. Guys like catawba would argue for a little more...then a little more...then a little more.
He'd probably rather see corporate/rich tax rates to the level they were pre-Kennedy, probably out of jealousy.
What I find amazing is that the Greek...oh, sorry...AMERICAN public can argue about tax rates when spending into total collapse. The whole business of letting politicians pick winners and losers is merely a diversion from the real issue. Balanced budgets including debt service is the only way to make the US sustainable.yep.. "a little bit more' is never enough. i guess they figure people would revolt if you asked for a lot, but if you take it in small enough chunks no one would notice.
They can pay 80% taxes and live just fine ...................
hell, they could pay 99% in taxes and live like the rest of us, but where then is the incentive to go above and beyond?
The rich make an AVERAGE of $365 million per year.
They can pay 80% taxes and live just fine ..................
See when the rich PAY Gov taxes instead of PROFITING from Gov Via the MIC, then they will be on our side to
reduce waste like the MIC.
It is not a matter of "can they", it is a matter of "should they". :shrug:
hell, they could pay 99% in taxes and live like the rest of us, but where then is the incentive to go above and beyond?
my baby bro is a pediatric heart surgeon. do you really think he would have spent 4 years in college, 4 years in medical school, 4 years general surgery residence, 3 years cardio-thorasic residence and 1 year in pediatrics to turn around a pay so much taxes that he gets to keep the same amount of $$$$ that some guy who graduated HS and went straight to work at some factory?
If he's only doing that job for the cash, then **** him.
Doctors work office hours. They have the strongest union known to man, because they control entry to their profession. If there are slightly too few doctors then their hourly rate goes up. The reason for hospitals is 24 hour nursing care, not medicine, yet nurses earn much less than doctors, though the educational requirement is similar. Nurses pay isn't much better than street sweepers' and the hours are a lot worse, yet if anything there's an oversupply, keeping their pay low.
We need to separate income tax from corporate tax. For some reason, lots of small businesses are taxed at the individual rate.
Until that happens I support no tax raises on anyone.
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