How much should the rich pay?

its a double edged sword ...

Why do some of you have no problem with the State telling you wtf to do but you piss your pants if the Feds try? Originally Posted by WTF

I can easily switch states, but not countries.

WTF must have a finger missing. . . he apparently can't get past the ninth amendment since he's obviously never heard of the tenth.

I can easily switch states, but not countries. Originally Posted by chicagoboy

Sure you can

Can't, he's my golf partner, LOL Originally Posted by nwarounder

you must be playing at Southern Hills?

Well, I did post last year a break down of the who controlled Congress and the White House compared to the economy and it was very informative. No, I am not going to post it again. Just like I'm not going to tell you what I teach or where I teach. You're a lefty and that means that you can't tell the truth and are untrustworthy. Sorry, but that is just the way you people are built. Don't take my word for it, read what Jonathon Hayes had to say about it.

All Americans should pay the same tax rate, as equals. The more money you make the more dollars you pay. No deductions for being a good christian, having a jet, kids, poor, etc.

No spin on who who pays more by intermingling tax rates vs. total tax dollars paid. No matter what side of the fence you are on, only a moron would be unable to interpret the difference.

Oops sorry, didn't directly answer your question: The same rate as the 99%. Originally Posted by nwarounder

If you were starting a system from a clean sheet this might work. That doesn't mean it would be "fair" or "ballanced" or the right thing to do. It may be one alternative that works.

It would also be "equal" if everyone paid the same amount.

Neither of those--nor an accelerated tax that pays a higher rate as you earn more--is inherently more right or more wrong.

The bigger problem are deductions. All politicians use them to foster what they want to support but can't pass a more overt law for. These often are much more unjust than the rates, whatever form the rates take.

The problem is retroactively changing the rules. Example:

A person buys a home and factors in the tax break to determine it's affordable. They do everything right and play by the rules as written the day they bought the house. Tomorrow you change the rules and remove the deduction. Now they can't paiy their mortgage.

Easy answer--and maybe the right answer--is to grandfather them in and say all homes bought from now on will not allow the deduction. That is going to be perceived as inequitable by many: you and I live in identical houses across the street yet you get several hundred a month in tax breaks but I don't.

Supply and demand will likely then drive housing prices (a very artificially priced commodity anyway) down substantially as lots of people cannot afford the same priced house they used to be able to afford. Now the people grandfathered in are also angry because the price of the house they bought dropped almost overnight.

About the only people you can count on to not be upset are people living in a paid off home who don't plan on selling it.

We almost always vastly oversimplify the human emotions of self interest.

WTF must have a finger missing. . . he apparently can't get past the ninth amendment since he's obviously never heard of the tenth. Originally Posted by Iaintliein

I've heard of all of them. Do you have enough sense to understand that they at times are in conflict? Or are you to busy counting fingers?

. You're a lefty and that means that you can't tell the truth and are untrustworthy. Sorry, but that is just the way you people are built. Don't take my word for it, read what Jonathon Hayes had to say about it. Originally Posted by JD Barleycorn

The problem is that you are stupid enough to believe what Jonathon Hayes wrote. Everybody lies. Everybody. That includes you and me. It is not exclusive to one group. You and people like you are what is wrong with the system as a whole. You are closed minded and insulate yourself with propaganda that reinforces your own bias.

You collectively lump people together and then label them.

What an idiot.

Whatever you teach, God help those kids. You preach the same kind of hate for the left , that Hitler did.

If you were starting a system from a clean sheet this might work. That doesn't mean it would be "fair" or "ballanced" or the right thing to do. It may be one alternative that works.

It would also be "equal" if everyone paid the same amount.

Neither of those--nor an accelerated tax that pays a higher rate as you earn more--is inherently more right or more wrong.

The bigger problem are deductions. All politicians use them to foster what they want to support but can't pass a more overt law for. These often are much more unjust than the rates, whatever form the rates take.

The problem is retroactively changing the rules. Example:

A person buys a home and factors in the tax break to determine it's affordable. They do everything right and play by the rules as written the day they bought the house. Tomorrow you change the rules and remove the deduction. Now they can't paiy their mortgage.

Easy answer--and maybe the right answer--is to grandfather them in and say all homes bought from now on will not allow the deduction. That is going to be perceived as inequitable by many: you and I live in identical houses across the street yet you get several hundred a month in tax breaks but I don't.

Supply and demand will likely then drive housing prices (a very artificially priced commodity anyway) down substantially as lots of people cannot afford the same priced house they used to be able to afford. Now the people grandfathered in are also angry because the price of the house they bought dropped almost overnight.

About the only people you can count on to not be upset are people living in a paid off home who don't plan on selling it.

We almost always vastly oversimplify the human emotions of self interest. Originally Posted by Old-T

+1

The people that cry for fairness that have farm land never seem to want to give up that ag exemption on their land.

Originally Posted by BigLouie

Yeah, and in 2005 Obama did the same thing, then got big bucks from BP, then shielded BP from the courts and as much as possible from the press when they blew out a well in the gulf.