What should taxes be?

Page 1 of 41234>
Poll
1 vote (11.11%)
No votes (0%)
4 votes (44.44%)
3 votes (33.33%)
No votes (0%)
1 vote (11.11%)
No votes (0%)
No votes (0%)

9 members have voted

November 8th, 2017 at 7:56:38 AM permalink
SOOPOO
Member since: Feb 19, 2014
Threads: 6
Posts: 266
Im giving 8 choices. The question.... what percentage should an American making 10,000,000 pay in taxes? We will assume the number is a combination of federal/FICA/state. If you live in NY state the number falls between 40 and 50 now.
November 8th, 2017 at 7:59:56 AM permalink
SOOPOO
Member since: Feb 19, 2014
Threads: 6
Posts: 266
I picked 40, as it is around what I pay now, and no, I don't make nearly that much. It seems once you break the 50% mark that it is just wrong.
At 40% I pay more than dozens of middle class households combined for essentially the same services.
November 8th, 2017 at 8:10:18 AM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 103
Posts: 6964
I picked 20 but prefer to write-in 10.
The man who damns money has obtained it dishonorably; the man who respects it has earned it
November 8th, 2017 at 8:13:48 AM permalink
Fleastiff
Member since: Oct 27, 2012
Threads: 50
Posts: 4984
Taxes should be LOW as its the only way to rein in the over zealous politicians who always want to throw money at a problem and the special interest groups that complain about it.

Prior to passage of the Volstead Act, seventeen percent of the federal budget came from alcohol taxes.

If we limit taxation to 'sin taxes' and return road-building to lotteries and tolls, the politicians will starve .... and that is good.

IF you want cradle to grave welfare, you can go the Scandinavian route of virtually confiscatory taxation with just about all occupations paying pretty much the same salary and with free university education, you study whatever you want to study and work at whatever you want to.

End tenure, close the schools, shut down special interest programs, stop giving the politicians money.
November 8th, 2017 at 8:13:48 AM permalink
Fleastiff
Member since: Oct 27, 2012
Threads: 50
Posts: 4984
Taxes should be LOW as its the only way to rein in the over zealous politicians who always want to throw money at a problem and the special interest groups that complain about it.

Prior to passage of the Volstead Act, seventeen percent of the federal budget came from alcohol taxes.

If we limit taxation to 'sin taxes' and return road-building to lotteries and tolls, the politicians will starve .... and that is good.

IF you want cradle to grave welfare, you can go the Scandinavian route of virtually confiscatory taxation with just about all occupations paying pretty much the same salary and with free university education, you study whatever you want to study and work at whatever you want to.

End tenure, close the schools, shut down special interest programs, stop giving the politicians money.
November 8th, 2017 at 8:15:11 AM permalink
JimRockford
Member since: Sep 18, 2015
Threads: 0
Posts: 229
Just to be clear, do you mean marginal tax rate or effective tax rate?
November 8th, 2017 at 10:13:26 AM permalink
DRich
Member since: Oct 24, 2012
Threads: 18
Posts: 784
I think everyone should pay 10% flat tax for all income (no deductions or write offs) and a 10% sales tax on everything (no exclusions).
November 8th, 2017 at 12:03:27 PM permalink
rxwine
Member since: Oct 24, 2012
Threads: 119
Posts: 5345
Quote: SOOPOO
I picked 40, as it is around what I pay now, and no, I don't make nearly that much. It seems once you break the 50% mark that it is just wrong.
At 40% I pay more than dozens of middle class households combined for essentially the same services.


I don't see why it's a problem. Our taxes aren't fair, but then people's abilities aren't evenly distributed either. No matter how hard some people try they could never make it through the medical school you attended.

If you can't pay a excellent teacher who is willing to work in an inner city with problem kids at ridiculously meager salary a better salary who could otherwise make much more with her brain power in some corporate position, the least we can do is have a properly aligned progressive tax structure.

50% btw
No one has ever proven I am not God.
November 8th, 2017 at 12:14:58 PM permalink
kenarman
Member since: Oct 24, 2012
Threads: 3
Posts: 975
Quote: rxwine
I don't see why it's a problem. Our taxes aren't fair, but then people's abilities aren't evenly distributed either. No matter how hard some people try they could never make it through the medical school you attended.

If you can't pay a excellent teacher who is willing to work in an inner city with problem kids at ridiculously meager salary a better salary who could otherwise make much more with her brain power in some corporate position, the least we can do is have a properly aligned progressive tax structure.

50% btw


The wages of teachers have increased significantly in the last few decades and the quality of the education the kids receive has plummeted. I for one do not put teachers on a pedestal. Most of my teacher friends of my age agree with me and got out of the system because of their fellow teachers lack of work ethic.
"There is no sin but ignorance" Christopher Marlow
November 8th, 2017 at 12:17:50 PM permalink
ams288
Member since: Apr 21, 2016
Threads: 13
Posts: 2343
I picked 40.
In order to insult me, I must first value your opinion
Page 1 of 41234>