is taxing someone who makes $200.000 a year 50% American?

Question

This is hypothetical because it hasn't happened yet.I'm just wondering how many people think it's OK.Try to be wise not a wise guy.I'm serious about this question.

Answer 1

I think it goes against what America stands for as it taxes the innovators and movers of our country. Most people who make within that income bracket are working in major positions through their innovation and the ideas that help move our economy. Why should we tax their ideas and promote a country in which people who move our country forward should have more of their money taken for being innovative.

Answer 2

When I was a youngster my dad taught me to work for what I wanted. As I grew older and got married I worked very hard I gave up vacations, parties and many other things I would have liked to be doing. I purchased the company I had worked for had many employees, I provided for them as part of my life. Did I excel? yes should I be punished for not partying going on vacations and the such? Ask most of the people that spent their younger years partying and having fun and they will tell you it's not right that I make what I do and they make less thus I should pay a great deal more in taxes because I make more. Yea I do but I also work 6 and 7 days a week and mostly 12-16 hours a day. So in many minds I should be penalized for my deeds, Ponder this if you continue to penalize people like myself where do you think all the jobs will come from, I'm assuming that some of you would like to work no?

Answer 3

I gladly give my healthy chunk in taxes, I only wish it were spent more efficiently. Thinking about taxes coming out of my income only encourages me to make more money, not less. We earn over $200,000 a year and are not complaining about it. I benefitted from social programs as a child and federally subsidized grants and loans to go to college. Now I am paying back my debt to society. I just don't understand how there is an average of two televisions in every household, but people are unable to get regular check-ups.

Answer 4

It's not the percentage of taxes that bother me, although 50% seems excessive, it's the way the money is wasted and/or pocketed by politicians and their cronies. I am very careful to give as little tax money as possible to our federal government because I don't trust them. Republican or Democrat, they're all scum to me.

So if they start taxing me 50%, I'll just increase my charitable donations. Neither Bush nor Clinton is gonna get squat from me.

Answer 5

Is that 50% total from state, local, and all federal taxes combined or is that a national income tax of 50% you refer to? 50% is not that much more in total then what some people pay now. In Wisconsin which is a highly taxed state we pay almost 5/12 of our income to taxes so it isn't that farfetched. A federal income tax of that amount would be ridiculous.

Answer 6

It was the rule before Reagan came in.

I think it's far too high.

I would cap the top bracket at 1/3. I'd actually like to see it a lot lower, and only one universal tax rate. If people want others to pay a percentage, they should be willing to pay the SAME percentage.

Answer 7

No one deserves to make that much money. We should tax them 75%, and give the taxes to someone who doesn't work.

Well, have I finally ingratiated myself with liberals?

And, for what it's worth, the highest tax rates when Reagan first took offer were even higher than 50%.

Answer 8

My bother only makes $100.00 a yr, he's single, no dependents other than himself & he says, he pays 50%. I don't think taxing is constitutional ("taxation without representation is tyrrany") but we've been paying them for so long & acceptig them, that if you don't, you wind up in the clink.

Answer 9

If you tax someone half of their income, it will give them less incentive to try harder to earn more. Why should then when the government takes half and more?

Answer 10

Absolutely not. Abolish the IRS.

We need the "Fair Tax" plan now!!


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