The Top 1% Super Rich Americans

http://www.youtube.com/watch?v=XdVODFombco

Do you think most Americans agree or disagree with plans supporting raising taxes on wealthy Americans?

I would imagine a large percentage of the population, who are the not part of the 1%, would support a raise.

I'd consider supporting this if the 51% who currently pay no income taxes paid SOMETHING. 1% would even be a good starting point.

Vice President Biden put it best when he said, "Everyone needs to have some skin in the game."

I'm not sure how you'ld tax them as they can easily move themselves or their assets to another nation.

EDIT: I rmemeber something Warren Buffet said in an interview: if i wanted to i could have not taken a pay check or dividends for most of my life, i could have taken out a loan against my portfolio and live off that. Technically if he had done that Warren wouldn't have been earning anything.

i dont know what the other 300+ million people in this country think, but i find special treatment by government deplorable, it does not matter if that treatment is favorable or not.

I've got a brilliant idea: How bout' they stop wasting all the money we already give them and then maybe nobody would have to pay more taxes then they're already paying.

I've got a brilliant idea: How bout' they stop wasting all the money we already give them and then maybe nobody would have to pay more taxes then they're already paying.

junglist101

I've got a brilliant idea: How bout' they stop wasting all the money we already give them and then maybe nobody would have to pay more taxes then they're already paying.

junglist101

How could you not be for raising taxes on somebody else?

No. What right does the government have to tax higher those that make more money. They didn't necessarily do anything bad to get it. The fed is just punishing success, which is something that Americans should strive for if they see fit. And the people who think the rich should be taxed more are just being b*****, If they made that kind of money they sure as hell wouldn't want it heavily taxed.

How could you not be for raising taxes on somebody else?

sonicare

And the people who think the rich should be taxed more are just being b*****, If they made that kind of money they sure as hell wouldn't want it heavily taxed.

BATTOSAI76

Not necessarily true. Call me crazy but If I were to find myself in that situation I personally wouldn't mind paying a little extra.

[QUOTE="BATTOSAI76"]

And the people who think the rich should be taxed more are just being b*****, If they made that kind of money they sure as hell wouldn't want it heavily taxed.

CycleOfViolence

Not necessarily true. Call me crazy but If I were to find myself in that situation I personally wouldn't mind paying a little extra.

The wealthy are not in the same situation as those who are not wealthy. They should be paying taxes in scale with their wealth. As should everybody else. Same goes for criminal offenses and fines. It's not about envy, or about wanting to stick it to the successful. It's about facing reality. Some people think taxing the wealthy is going to make them be poor, or cause them to lead miserable lives. There is evidence that shows past a certain point of wealth you don't become any more happy than anyone else over that line. The fact is the wealthy could pay more, and should be. A person with less resources that is paying taxes is more burdened by those taxes than a person that is wealthy. Taxes must be proportionate to ones income if you're going to have an integrable tax system.

As it stands there are too many ways to get out of paying taxes, and that should be addressed first.

The wealthy are not in the same situation as those who are not wealthy. They should be paying taxes in scale with their wealth. As should everybody else. Same goes for criminal offenses and fines. It's not about envy, or about wanting to stick it to the successful. It's about facing reality. Some people act like taxing the wealthy is going to make them be poor, or lead miserable lives. There is evidence that shows past a certain point of wealth you don't become any more happy than anyone else at that point. The fact is the wealthy could pay more, and should be. A person with less resources that is paying taxes is more burdened by those taxes than a person that is wealthy. Taxes must be proportionate to ones income if you're going to have an integrable tax system.UniverseIX

[QUOTE="UniverseIX"]The wealthy are not in the same situation as those who are not wealthy. They should be paying taxes in scale with their wealth. As should everybody else. Same goes for criminal offenses and fines. It's not about envy, or about wanting to stick it to the successful. It's about facing reality. Some people act like taxing the wealthy is going to make them be poor, or lead miserable lives. There is evidence that shows past a certain point of wealth you don't become any more happy than anyone else at that point. The fact is the wealthy could pay more, and should be. A person with less resources that is paying taxes is more burdened by those taxes than a person that is wealthy. Taxes must be proportionate to ones income if you're going to have an integrable tax system.surrealnumber5

[QUOTE="sonicare"]

How could you not be for raising taxes on somebody else?

surrealnumber5

[QUOTE="surrealnumber5"][QUOTE="UniverseIX"]The wealthy are not in the same situation as those who are not wealthy. They should be paying taxes in scale with their wealth. As should everybody else. Same goes for criminal offenses and fines. It's not about envy, or about wanting to stick it to the successful. It's about facing reality. Some people act like taxing the wealthy is going to make them be poor, or lead miserable lives. There is evidence that shows past a certain point of wealth you don't become any more happy than anyone else at that point. The fact is the wealthy could pay more, and should be. A person with less resources that is paying taxes is more burdened by those taxes than a person that is wealthy. Taxes must be proportionate to ones income if you're going to have an integrable tax system.UniverseIX

Does it really matter much?

Taxing the rich more merely shifts the $$$ from private spending to public spending.

Considering how politicians use the tax dollar,I don't think giving them more would be a smart idea.

[QUOTE="UniverseIX"][QUOTE="surrealnumber5"] they pay more than scale as we have a bracket system and the more you make the higher % you pay..... surrealnumber5

Honestly, I have no problem with higher taxes if that increase is used to exclusively pay off the debt. Once that's done, then we can have a discussion as to whether or not we need other expenditures.

Does it really matter much?

Taxing the rich more merely shifts the $$$ from private spending to public spending.

Considering how politicians use the tax dollar,I don't think giving them more would be a smart idea.

nitekids2004

Honestly, I have no problem with higher taxes if that increase is used to exclusively pay off the debt. Once that's done, then we can have a discussion as to whether or not we need other expenditures.

sonicare

Honestly, I have no problem with higher taxes if that increase is used to exclusively pay off the debt. Once that's done, then we can have a discussion as to whether or not we need other expenditures.

sonicare

Honestly, I have no problem with higher taxes if that increase is used to exclusively pay off the debt. Once that's done, then we can have a discussion as to whether or not we need other expenditures.

sonicare

Honestly, I have no problem with higher taxes if that increase is used to exclusively pay off the debt. Once that's done, then we can have a discussion as to whether or not we need other expenditures.

[QUOTE="sonicare"]

Honestly, I have no problem with higher taxes if that increase is used to exclusively pay off the debt. Once that's done, then we can have a discussion as to whether or not we need other expenditures.

I support raising everyone's taxes. -Sun_Tzu-

[QUOTE="nitekids2004"]

Does it really matter much?

Taxing the rich more merely shifts the $$$ from private spending to public spending.

Considering how politicians use the tax dollar,I don't think giving them more would be a smart idea.

Baconnaise

The unemployment numbers at the end of both Bush's terms (H.W. and W.) were 7.4%, far from lowest in history.

[QUOTE="sonicare"]

Honestly, I have no problem with higher taxes if that increase is used to exclusively pay off the debt. Once that's done, then we can have a discussion as to whether or not we need other expenditures.

Baconnaise

Honestly, I have no problem with higher taxes if that increase is used to exclusively pay off the debt. Once that's done, then we can have a discussion as to whether or not we need other expenditures.

[QUOTE="sonicare"][QUOTE="Baconnaise"] the reason people rebelled and formed democracies, is because we dont like rich people controlling us because they can easily game the system.Baconnaise

On the topic of taking money from the rich that they have earned, I'll quote myself from a thread some time ago..........

From Previous Thread/Post:

Example:
- Person A takes out a business loan to open a small pizza joint
- After a few years, the loan is finally paid off
- A few years later, the reward for the risk is paying off, and Person A is taking home, say, $100k per year
- Person A takes out a second loan to open another joint in the next town
- After a few years, the second loan is finally paid off
- A few years later, the second risk is paying off and Person A is taking home another $100K per year (now a total of $200K)
- A few years later and a few more investments later, Person A is taking home a cool $1million per year.....

What exactly did Person A do wrong? Should Person A get NO CREDIT for forming who-knows-how-many jobs? Considering he'd need help managing the individual locations, will likely need to hire accountants, lawyers, insurance agents, advertising consultants, construction companies and make purchases from food vendors as well as kitchen equipment vendors...... how is this person NOT giving back to society as a whole? Keep in mind, he already IS in a considerably high tax bracket. How exactly is Person A the villian in all of this? Considering the work (and risk) that Person A took upon himself, how do we justify telling him, "Ok there, buddy. We've decided that you've earned more than you need......so we're going to go ahead and take a big chunk of it."

I support raising everyone's taxes. -Sun_Tzu-

[QUOTE="-Sun_Tzu-"]I support raising everyone's taxes. sonicare

[QUOTE="sonicare"]

Honestly, I have no problem with higher taxes if that increase is used to exclusively pay off the debt. Once that's done, then we can have a discussion as to whether or not we need other expenditures.

TAX THE HELL OUT OF THEM!! Since they don't give a damn about the country or its people. That includes the Republicans in Congress they too needs to be taxed like hell! Hekynn

TAX THE HELL OUT OF THEM!! Since they don't give a damn about the country or its people. That includes the Republicans in Congress they too needs to be taxed like hell! Hekynn

[QUOTE="Baconnaise"][QUOTE="sonicare"] Huh? Rich people still control a lot of the system under a democracy. Maybe more so.sonicare

[QUOTE="Hekynn"]TAX THE HELL OUT OF THEM!! Since they don't give a damn about the country or its people. That includes the Republicans in Congress they too needs to be taxed like hell! Planet_Pluto

[QUOTE="Hekynn"]TAX THE HELL OUT OF THEM!! Since they don't give a damn about the country or its people. That includes the Republicans in Congress they too needs to be taxed like hell! Planet_Pluto

No. What right does the government have to tax higher those that make more money. They didn't necessarily do anything bad to get it. The fed is just punishing success, which is something that Americans should strive for if they see fit. And the people who think the rich should be taxed more are just being b*****, If they made that kind of money they sure as hell wouldn't want it heavily taxed.

BATTOSAI76

[QUOTE="Planet_Pluto"]

[QUOTE="Hekynn"]TAX THE HELL OUT OF THEM!! Since they don't give a damn about the country or its people. That includes the Republicans in Congress they too needs to be taxed like hell! DroidPhysX

[QUOTE="BATTOSAI76"]

No. What right does the government have to tax higher those that make more money. They didn't necessarily do anything bad to get it. The fed is just punishing success, which is something that Americans should strive for if they see fit. And the people who think the rich should be taxed more are just being b*****, If they made that kind of money they sure as hell wouldn't want it heavily taxed.

KungfuKitten

[QUOTE="DroidPhysX"][QUOTE="Planet_Pluto"]Yeah. Darn republicans! I mean, GE paid NO taxes last year, and then the republicans go and appoint the head of GE to the position of Jobs Czar! Oh, wait........

Baconnaise

In America, the top 1% already pay more than the bottom 90% do they not? How much is fair? Should they pay more than the bottom 91%? 95%?