In 2005, the average worker made ~$34,000. That equals a 14.88% tax rate on average assuming it was all taxable. Assuming you are average and the majority of taxes are paid by higher income individuals with tax rates in the 25%+ range, would you be willing to weight your own tax rate to 18% or so for fairness?
How many people would actually vote to increase their taxes by 3%+ to make taxes fair for all in this country?
2006-12-14 07:03:52 · 14 answers · asked by Anonymous in Politics & Government ➔ Politics
Absolutely not.
2006-12-14 07:07:35 · answer #1 · answered by yahooyou2 4 · 1⤊ 3⤋
In my case I would have to pay less taxes to make it fare.
I paid just over 60K in tax And I'm jut a stupid California wage slave.
Now look at Wachovia Credit Card Services They made $6 B, and paid ZERO then got a $700 M, tax credit for investing in Foreign Business.
Yeah I'm all for fair. How about a 10% Flat Tax
Go big Red Go
2006-12-14 07:17:19 · answer #2 · answered by 43 3 · 0⤊ 1⤋
No. It is not fair, or accurate to say that. Businesses create jobs naturally when the need arises. They are not created out of thin air, or for frivolous reasons. As for taxes, businesses don't pay them. Never have and never will, if they intend to stay in business. Like every other business expense, taxes are passed on the their customers, or the business fails (and jobs are lost).
2016-05-24 04:18:48 · answer #3 · answered by Anonymous · 0⤊ 0⤋
My family pays in the 30% range and it is not fair. The current tax system punishes success.
We were both starting college when we met and had no "family money" and we made a good life for ourselves. The Government thinks we make a lot of money so taxes the heck out of us. By the time we pay property taxes, income taxes, social security taxes, dividend taxes, and sales tax - we are over 50% of our income being TAXED!
2006-12-14 07:13:41 · answer #4 · answered by Anonymous · 1⤊ 1⤋
I would much rather see the Fair Tax plan than what you mentioned.The FairTax plan is a comprehensive proposal that replaces all federal income and payroll taxes with an integrated approach including a progressive national retail sales tax, a rebate to ensure no American pays federal taxes up to the poverty level, dollar-for-dollar revenue neutrality, and the repeal of the 16th Amendment.
This nonpartisan legislation (HR 25/S 25) abolishes all federal personal, gift, estate, capital gains, alternative minimum, Social Security, Medicare, self-employment, and corporate taxes and replaces them all with one simple, visible, federal retail sales tax – collected by existing state sales tax authorities.
The FairTax taxes us only on what we choose to spend, not on what we earn. It does not raise any more or less revenue; it is designed to be revenue neutral. So it is also cost neutral – the final cost for goods and services changes little under the FairTax. The FairTax is a fair, efficient, transparent, and intelligent solution to the frustration and inequity of our current tax system.
The FairTax:
* Abolishes the IRS
* Closes all loopholes and brings fairness to taxation
* Ensures Social Security and Medicare funding
* Brings transparency and accountability to tax policy
* Allows American products to compete fairly
* Reimburses the tax on purchases of basic necessities
* Enables retirees to keep their entire pension
* Enables workers to keep their entire paycheck
We offer a library of information throughout this Web site about the features and benefits of the FairTax plan. Please explore!
2006-12-14 07:13:28 · answer #5 · answered by jay r 2 · 2⤊ 0⤋
There's no such thing as a fair tax. Taxes are a bummer and I would never vote to raise my taxes; in fact, I plan to quit working more than 6 months a year because I already have paid too much in taxes.
2006-12-14 07:10:58 · answer #6 · answered by Tony S 2 · 1⤊ 1⤋
I went to the Taxes Fair once. They sell great corny dogs.
2006-12-14 07:13:54 · answer #7 · answered by blue_prince_of_dallas 2 · 1⤊ 2⤋
The answer to your first question is "no", and the correct answer to your second question is "a statistically insignificant portion of the taxpaying population".
Cheers!
2006-12-14 07:36:29 · answer #8 · answered by smoot 3 · 1⤊ 0⤋
I would like to see a flat 10% for everyone with NO deductions. I don't think the accountants, lawyers or rich people will go for that.
2006-12-14 07:10:47 · answer #9 · answered by Made in America 7 · 2⤊ 2⤋
I have no problem with our tax structure. Not now and not in
the past.
And no I am not rich by any means.
MERRY CHRISTMAS and have a nice day.
Thank you very much, while you're up!!
2006-12-14 07:07:45 · answer #10 · answered by producer_vortex 6 · 3⤊ 1⤋
Anyone who answers yes is lying.
2006-12-14 07:16:28 · answer #11 · answered by yupchagee 7 · 1⤊ 0⤋