How do you know how much they are paying?
For example, at 150K annual, a "rich person" if self emplyed, in CA, pays 15.2% fica, graduated federal income from 22-to 36 on the final bucks, 10 % state for TOTAL OF OVER 50%, so this is fair, or they should pay more than 50 per cent of their income annually for the fed to waste away on their bullshit?
Do you know actually how much a "rich person" per your definition pays? Or is it simply a number that is not enough because they have too much money?
Also define wealthy to me is it $200,000 per year, 1 million per year or something much higher
Intresting that you have a amount in your head, of what a wealthy person is, and therefore they should pay more than they are paying.
Was it right for the truly wealthy to greatly increase during Covid but average Americans to get crushed
Is it right or wrong for a person to attempt to increase their holdings, any time, provided it is done in a legal manner,in a capitalistic society? Or should they simply take what they see, if they can? What the heck is wrong with making a buck, any time, regardless if others are better off or worse off, provided you are not the one making them worse off by nefarious deeds of bad business practice?
The point is this country is in a financial mess we need to curtail spending and raise income, everyone needs to be part of the solution.
Hyperbolic bullshit solves nothing.
yes, we need to curtail spending, the primary disorder of this government, but voters like to vote themselves stuff, screw everybody else. See the resemblance?
We do need to raise income, and the way to do that is to allow free enterprise, and those who are able and wish to work hard,be creative, invent stuff and generally persevere, get to keep their earnings, just as those who do not work as hard, and do not set their goals as high. Those that work harder should not be punished for their production by those that work less industriously.
Honestly I am not hopeful anything will happen but I’m arguing what I think should happen.
You might wish to read up on Francisco's "money" speech in atlas shrugged.
Then ask yourself what is the difference between society from the beginning of civilization until and up to the creation of the USA.
Just what exactly is it that makes this country great, and the envy of the whole world.
All that text book answer would be true if we weren’t closing in on 30 trillion in debt with one trillion in interest payments every year into perpetuity we have to get our fiscal house in order, I’m not optimistic
We do need more free enterprise, we need less government spending but we also need more revenue and that means more taxes from the very wealthy
If we keep going we will have nothing left but poverty and the wealthy and that leads to social unrest
BTW, I’ve read Atlas Shrugged 3 times