Who pays Taxes and how much in America?
@TheGreatWhiteBuffalo (4822)
United States
November 2, 2008 10:12pm CST
Correct me if and when I am wrong, but if you make less than I think around $10,000 You are not required to pay taxes. If you make between $10 - 60 K you can expect to pay around 30% of your income to taxes. As the incomes increase you are given tax breaks and you might only be paying between 10 - 25% of your income in taxes.
I have a problem with that system because the middle class has the burden of carrying all of the debts and paying for all of the debts of our country.
A lack of accountability prevents the money from properly being collected and a fair share of the wealth is no longer in government control.
What are ways that we can repair this problem?
2 responses
@ClarusVisum (2163)
• United States
3 Nov 08
I'm reminded of comic legend George Carlin's take on the class system in the U.S. He said (I paraphrase from memory):
The rich have all of the money, pay none of the taxes.
The middle class pay all of the taxes, do all of the work.
The poor are there...just to scare the sh*t out of the middle class! Keep 'em showing up to those JOBS of theirs!
1 person likes this
@goldeneagle (6745)
• United States
3 Nov 08
I say let the rich people pay more taxes. They seem to have more money to spare than the middle class.
@ClarusVisum (2163)
• United States
3 Nov 08
As John McCain said in 2000 (you know, BEFORE he sold out to the hard right):
"I believe that when you really look at the tax code today, the very wealthy, because they can afford tax lawyers and all kinds of loopholes, really don't pay nearly as much as you think they do when you just look at the percentages. And I think middle-income Americans, working Americans, when the account and payroll taxes, sales taxes, mortgage pay -- all of the taxes that working Americans pay, I think they -- you would think that they also deserve significant relief, in my view...when you...reach a certain level of comfort, there's nothing wrong with paying somewhat more." -- http://www.youtube.com/watch?v=X2JPbQOHEkY
@goldeneagle (6745)
• United States
3 Nov 08
Your assessment of how the rich seem to get out of paying taxes is partially correct. Another way they seem to slip out of the tax noose that the rest of us seem to get hung in is by hiding most of their assets and living expenses in small corporations. Robert Kiyosaki gives a really good description of how they do this in his book called RICH DAD POOR DAD. I recommend that everyone read this book. I have read it three times already, and I am about to start it again a fourth time.
