Taxing the Rich 37 replies

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The Fat Controller

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7th September 2006

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#21 13 years ago

The super-rich are never taxed properly because they conduct their business abroad where it's more favourable for their wallets. Nevertheless, the rich should always be taxed more than the poor. In countries where this isn't the case or the government takes a laissez-faire approach, then you see massive amounts of poverty. Inequity is guaranteed because of the way the system works; and combating that inequity by taxing the rich more is the only way to redistribute a little wealth to the poor.




Mr. Pedantic

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8th October 2006

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#22 13 years ago

But you have to admit, there will always be loopholes for those rich enough to hire the lawyers to find them. It is just a matter of time.




Roaming East

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7th November 2005

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#23 13 years ago

I'd like to see real evidence in the economy strengthening benefits the wealthy truly put into the collective force. Having been raised outside and in wealthy areas (Fairfax and Alexandria Va) i can say that from what I observed, the money that the wealthy put out tends to go outside the country into luxury items. The success of the Yact industry does not benefit the country, money put into huge houses that are constructed with illegal labor in land taken through ED does not help the country, luxury vehicles and french cuisine do not help the economy and being the CEO of a company that just outsourced its work overseas CERTAINLY doesnt aid the country.

The folks pumping money into the economy in the USA seem to be the middle class. These are the folks who earn enough to get gutted by taxes, but not enough to buy frivolous things. These are the folks who invest in their communities and into the core stock markets because thats the only choice they have. and as it stands the middle class is the one class that gets raped over. We make enough to pay for programs but make to much to benefit from them. If the government is not earning enough money to make its quotas, perhaps they need to scale back their operations. When a man doesnt have enough money to eat steak everyday, he doesnt borrow from his credit card, he starts eating meatloaf a little bit more often.




WiseBobo

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9th February 2004

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#24 13 years ago

The middle man is always the one who gets screwed when tax time comes. Handing a blank check to welfare recipients offers zero incentive to improve their lives while they are given free (my money and your money) cash to spend as they see fit. Taxing the rich is not going to solve the welfare state; it merely makes the rich see it unfit to continue any drive that got them rich in the first place.




masked_marsoe Advanced Member

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15th April 2005

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#25 13 years ago

Archmage ClepsFor example, in New Zealand, many people are given welfare because even though they do work, their wages are not high enough to sustain them.

Giving them tax cuts dispenses with the need for the money to go through the government and then back to the people again, saving money (albeit a small amount) on bureaucracy.

My wages aren't high enough to sustain me - I'm a full time student (30 hours) and I work 20 hours a week. If I earn more than $16,000 a year, then I start getting my student loan deductions taken out of my taxes.

At the same time, I need to borrow money from the government to pay for my living costs so that I can continue studying, so that when I graduate I can get a decent job that will actually pay for my living costs.

The end result is that if I paid no taxes in return for losing the loan, I would not be able to survive on the wages I earn, and would have to stop studying.

The applied value of tax money is much more valuable to the people who really need it, than from those who get taxed more.




Guest

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#26 13 years ago

The ideal situation would of course be a taxless world, but as such a world would pretty much fail because we would have no police force to enforce laws and such. But I think taxes should be as low as humanely possibly straight across the board. Money is just another type of property(actually, it is a representation of wealth, not wealth in and of itself) and everyone has a right to their property, and no one should have more or less of their income taken away just to cover someone else's ass. Besides, if the government continues to hold the collective hands of the human race no one is willing to get shit done for themselves. Humans have to realize they can't have someone else saving them from life all the time.

Basically, no don't tax the richest man in the country any more then the poorest man. But said taxes should be as low as physically possible for both of them anyways.




Kwould

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24th November 2003

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#27 13 years ago
Rich19;4037881I'm not going to debate that, because I don't know about it. Could you explain, or give some links that explain? I do, however, know that even if the taxes are low, they are still taxes. It therefore seems better to get that money that is needed from people who can afford to spare it, rather than those who cannot.

"The rich" and "business owner" are generally synonymous. When business owners keep more of their own money, it enables them to devise expansions and hire more workers, thus creating a larger tax base. While this is vastly oversimplified, I believe that is the jist of S.T.A.L.K.E.R.'s stament (which is true by the way).




Roaming East

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#28 13 years ago

Taxes are a big issue where i come from. For example, i pay 3 seperate taxes for one particular item. I pay a property tax for each vehicle that i own, i then pay a seperate car tax for those vehicles as well, after which i pay a luxury tax on said vehicles because having enough money to afford personal transportation is obviously a sign of ostentacious wealth. Followed are the taxes i pay on registration and inspection and well, if the roads in my area were better i wouldnt be as pissy about losing 10% of my friggin income simply because i own motor transport.




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#29 13 years ago

I'd rather that we have a socialist system to eliminate class divisons altogether




Kwould

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24th November 2003

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#30 13 years ago
Roaming East;4039292Taxes are a big issue where i come from. For example, i pay 3 seperate taxes for one particular item. I pay a property tax for each vehicle that i own, i then pay a seperate car tax for those vehicles as well, after which i pay a luxury tax on said vehicles because having enough money to afford personal transportation is obviously a sign of ostentacious wealth. Followed are the taxes i pay on registration and inspection and well, if the roads in my area were better i wouldnt be as pissy about losing 10% of my friggin income simply because i own motor transport.

Don't forget about sales tax when you buy it. Not to mention taxes on the insurance you are required to have, taxes on the gasoline you put in it, etc....