| BenVTrigger said: People screaming to raise taxes even higher on the rich are crazy. A. They already pay more taxes per year than you do in your entire lifetime. B. They got themselves rich so they deserve to be. This idea that there should be no rich people is insane. C. They are the ones who create jobs. Continue to tax them higher and its just going to make them ship even more jobs overseas where taxes are cheaper. I swear theres far too many people who dont understand basic economics. This is capatalism. The rich should pay much more in taxes than the poor. Which they already do in both exact dollars as well as percentages. But they shouldnt be punished for being rich, they should be rewarded to give others insentive to strive to work harder to get there and so the rich desire to expand their businesses and hire more employees. |
A. They also make more income per year than I do in my lifetime. Also, the top 1% makes 40% of the income, but only pays 30% of the taxes.
B. No one is saying that there should be no rich people, but their tax rate is too low. In the Clinton administration when the tax rate was higher, many more millionares were added than when the rate was lower.
C. Actually, most jobs are created by small buisinesses. Also, a CEO doesn't hire less people if they have a lower personal income. If you want to debate the corporate tax rate thats fine, but the individual tax rate has nothing to do with it.
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