Top 3% of Taxpayers paid majority of income taxes in 2016.

If you can't see the utter ridiculousness of that question, it's hopeless. If we were to ONLY do what the Constitution specifies, this nation would have collapsed long ago.

 

And how much more "progressive"do you want itwhen the top already pay a HUGELY disproportionate share vis-a-vis their income and half paying practically nothing?

 

Our corporate taxes were the highest in the world. They needed to be cut.

Obama raised taxes on me. I'll take any tax cut I can get. Hopefully we get solid Republican majorities in Washington and we get more tax cuts, along with significant spending cuts.

 

Actually the most salient point and we have survived because of the Constitution and how it limits the power of the government and prevents mob rule. So where Doss the Constitution assign the role of private citizen income regulation through the tax system?

 

That includes all income.

 

First tell me where in the Constitution it says the power to declare war rests only in the hands of the President.

 

Show me that the 1% have been harmed by, by design, paying a disproportionately higher percentage of the tax burden and then I’ll listen to you about how it’s so terrible. Until then, you’re just pointing out that the system is taking in more money from the rich than from the poor. By the way, the 1% are doing just fine in this economy, and in any economy, and under any tax burden that they’ve seen for the past 100 years.

 

no it doesn't, the rich do not pay more per dollar in taxes then the middle class

 

Yes it does and yes they pay hugely more income taxes per dollar, actual dollars and share of taxes.

 

No answer my question first.

Bluesguy said: ↑
And how much more "progressive"do you want it when the top already pay a HUGELY disproportionate share vis-a-vis their income and half paying practically nothing?

 

So you can divert the conversation for lack of a response..............nope.

 

Of course you would not get the point, right? The Constitution leaves much to be addressed as time passes and conditions change. It cannot address everything. That's the point and that's the answer to your question.

 

I reject the premise because I don’t find it to be hugely disproportionate, I find it to be progressive. And I’m good with a top rate of close to 40-50%, and maybe even more brackets once we get to a person making several million dollars.

 

According to Federal Survey of Consumer Finances, the top 1% own 40% of the nations wealth and the top 20% own 90% in 2017 when Trump's cuts were enacted. You are alarmed that these folks are paying a more taxes that the bottom 80%? This of course does not include consumer and payroll taxes which are disproportionately paid by workers. Nor does it include stocks which are paid as capital gains and paid at 15% for those of us lucky enough to play casino at the stock market.

Historical tax rates to 2008. The red arrow would be in steeper decline today:



Note historical trends such as the tax rate in the gilded age as compared to today and the rate during the 50's, 60's and 70's - an era I would characterize as the greatest period of social growth and prosperity probably in the history of the world - at least for Westerners.

Richest 1% own more now than at anytime in history. Imagine forcing the beleaguered billionaire class to pay a disproportionate share of taxes???? Simply cruel treatment:

https://www.washingtonpost.com/news...-in-the-past-50-years/?utm_term=.cb46df8b580c

Truth about taxes from that notorious lefty, commie rag Business Insider; taxing the rich does not hurt the economy:

https://www.businessinsider.com/history-of-tax-rates-2012-5

 

no they do not, we saw Romney's tax returns

 

Strange that with all that unfair taxation the rich manage to accumulate an ever increasing percentage of the national wealth.

 

And how do you explain the ever increasing wealth disparity in America if the rich pay so much more? Could it posdibly be that somehow wealth accumulation is divorced from income thanks to the tax code written to favor the rich?

The only fair tax is a wealth tax!

 

Who taught you what you preach? I am serious. Books? School? Who?

 

You should not be concerned. As a fraction of the entire nation, they really do not have all that much. The fact is this nation is for each human. Each human should pay equal to support the government. This is how the founders set things up.

 

Romney follows the law to the letter. Those are also Democrats laws you speak ill of.

 

But it’s SO DISPROPORTIONATE!

 

How the founders set things up???

They set things up to benefit the land owning, slave-holding class and to speculate on the "uninhabited" land on the frontier.

Where does it say anything about a flat rate?

 

Explain what you just claimed.

 

Pretty self-explanitory I would think. Clearly you have never read Howard Zinn or Chris Hedges.

Please explain your claim that the founders set things up for a flat rate income tax?

 

Thank you. At least I am getting a hint. I did not say nor will I say the founders used a flat rate income tax. Nope, Zinn nor Hedges has influenced me. I admit My thinking is influenced by the book called A time for Truth and of course the founding documents, Thomas Paine among many more, such as Ayn Rand, Milton Friedman and current people like the author of https://www.freedomabovefortune.com/