2007-10-04 08:58:14 · 13 answers · asked by Anonymous in Politics & Government ➔ Politics
Anyone who makes over and above a specific income pays taxes.
2007-10-04 09:00:56 · answer #1 · answered by Anonymous · 2⤊ 1⤋
Lets see.....
Warren Buffet stated that he wondered why he was paying less taxes as a percentage of his income than his employees.
In case your wondering Buffet is the second richest person in America, just a few billion less than Bill Gates.
In the 2004 Presidential election Mrs. Kerry was taxed about 7% on her income. (obtained from her tax records)
So do they pay for social programs? Yes and no. Yes they do, but far less than they should.
What happens if they raise taxes on the rich? Not much as the rich folks use one nice tax loophole to keep lots of money:
Tax free municipal bonds. (NO Federal Tax on income generated from these bonds)
2007-10-04 09:14:19 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Yes, and unfortunately the lion's share of those tax dollas go to padding the pockets of Haliburton, and other members of the Military Industrial Complex.
2007-10-04 09:13:55 · answer #3 · answered by tiny Valkyrie 7 · 0⤊ 0⤋
Yes, it's called the United States Military.
2007-10-04 09:00:49 · answer #4 · answered by Anonymous · 1⤊ 1⤋
Yes, I don't try to skirt tax law or put my revenues in a tax shelter in the Cayman Islands, thank you very much.
2007-10-04 09:03:13 · answer #5 · answered by ck4829 7 · 0⤊ 1⤋
Only the ones that work and that ain't many So should I still go to Iraq due to your logic or should I stay and help you pay for cheese and other handouts Think first
2007-10-04 09:02:32 · answer #6 · answered by Anonymous · 1⤊ 2⤋
Of course they do, they would just rather help the working poor feed and house their child than help haliburton make another record profit! Unfortunately corporate welfare costs us MUCH more than helping the working poor!
2007-10-04 09:03:03 · answer #7 · answered by ReBelle 5 · 2⤊ 1⤋
Yes. Unlike the Republicans, who jsut run up deficits and leave them for our children to pay off.
2007-10-04 09:01:18 · answer #8 · answered by Anonymous · 3⤊ 2⤋
Of course.
Unfortunately, of late, we're also paying through the nose for military work in Iraq.
As to the comment below, its hogwash. The majority of liberals (and the majority of conservatives) are adding money to the system, not taking it out.
The comment below is purely conservative propaganda.
2007-10-04 09:00:33 · answer #9 · answered by Elana 7 · 1⤊ 3⤋
Yes- and the war, and "abstinence only education", and the Faith Based Fundie Giveaway.
2007-10-04 09:01:57 · answer #10 · answered by Anonymous · 1⤊ 2⤋