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Do the rich pay their fair share? [SPOILER: Hell, Yes]
Washington Times ^ | 03/02/2015 | Stephen Moore

Posted on 03/02/2015 9:14:03 AM PST by SeekAndFind

Suppose there were a banquet for 100 people and at the end of the night it was time to split the bill of $50 per person. If that bill were paid for the way we pay our income taxes, here is how it would work. Those in the top half of income would pay roughly $97 each and those in the bottom half of the income would pay an average of $3 each. Almost 40 people would pay nothing. And the single richest person in the room would cough up $1,750.

Liberals would complain that the cheap skate rich guy got away without paying his fair share.

There is food for thought here as we consider a new Associated Press poll which finds that two out of three Americans think the wealthy don’t pay enough federal taxes in America. At the same time, the poll reveals that six of ten respondents believe the middle class pays too much.

This poll result has caused many media mavens to conclude that the voters support President Obama’s policies to raise investment taxes on the super-rich and spread the wealth around to people lower down on the economic ladder.

It’s no great surprise that middle-class voters are feeling overtaxed. This has been a dreadfully slow recovery and millions in the middle class are treading water at best. Since the recession ended median family income has fallen by about $1,500 after adjusting for inflation. So the idea of taxing someone else’s pay check sounds mighty appealing.

But the idea that the rich aren’t paying any taxes is based on misinformation fed to voters.

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: fairshare; rich; taxes

1 posted on 03/02/2015 9:14:03 AM PST by SeekAndFind
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To: SeekAndFind

2 posted on 03/02/2015 9:14:23 AM PST by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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To: SeekAndFind

Especially when it was revealed that the rich guy had hired a lot of the poor guys and was largely responsible for what the poor guys were earning.

This is what happens when a generalized envy, rather than gratitude for every genuine good, drives a world view.


3 posted on 03/02/2015 9:22:03 AM PST by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: SeekAndFind

And on top of THAT, the rich guy gave more to charities...

Let’s hear it for every rich guy with a conscience. The “love of money” can be a temptation but stewardship of money is also a wonderful tool.


4 posted on 03/02/2015 9:23:44 AM PST by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: SeekAndFind; amnestynone

I know what the article is saying is true, but.....

The top tax brackets are the ones that benefit from cheap labor importation.
It seems that the people who are pushing amnesty and cheap labor importation on us may not be paying their fair share. Many of the costs of the invasion are falling on the citizens, not the people benefitting from the non-enforcement of our laws.
They get their landscaper/nanny/housekeeper/room service/food preparation/etc., cheaper while the rest of us lose our country. Or are killed by illegal alien drunk drivers.

(Freeper amnestynone first got me thinking about this)


5 posted on 03/02/2015 9:26:38 AM PST by Lurkinanloomin (Know Islam, No Peace- No Islam, Know Peace)
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To: SeekAndFind

do the poor and near poor pay their share, their fair share?

no, they pay nothing


6 posted on 03/02/2015 9:28:28 AM PST by bert ((K.E.; N.P.; GOPc.;+12, 73, ..... Obama is public enemy #1)
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To: SeekAndFind

And this is news?


7 posted on 03/02/2015 9:33:10 AM PST by Sequoyah101 (Adversity does not build character so much as expose it.)
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To: SeekAndFind

Well, they’re supposed to but many make daily headlines for not paying.


8 posted on 03/02/2015 9:35:27 AM PST by bgill (CDC site, "we still do not know exactly how people are infected with Ebola")
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To: Lurkinanloomin

The onus here is partly on the little guys who don’t care. If they push (vote and otherwise advocate) for a nanny government that is not even a competent nanny, they should not be surprised when their nanny sells them out.


9 posted on 03/02/2015 9:35:42 AM PST by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: SeekAndFind

Add in consumption (even if allocated to commonwealth expenditures such as the military and shared national infrastructure) and the disparity towards those who made bad decisions is undoubtedly much, much worse.

This really hits me now b/c although I make a pretty darn good living I am sick and have been off and on for the last few weeks and yet I am working -- HARD. I can't even take time off to just be sick and recover. Not due to my employer's policies but my own ethics -- this project has to happen and I am a key player.

I must be evil that way.

10 posted on 03/02/2015 9:37:43 AM PST by freedumb2003 (obama is a "protected class" of dumb)
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To: SeekAndFind

The real question should be:

Do the poor pay their fair share?


11 posted on 03/02/2015 9:46:03 AM PST by Roman_War_Criminal
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To: SeekAndFind

Everyone believes they pay their fair share, even those who don’t pay any income taxes at all.


12 posted on 03/02/2015 9:47:04 AM PST by DoodleDawg
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To: SeekAndFind

The feds take too much from everyone except for Obama’s Free S**t Army.


13 posted on 03/02/2015 9:49:32 AM PST by Iron Munro (Mark Steyn: "fundamentally transformed" is a euphemism for "wrecked beyond repair.")
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To: SeekAndFind
Bookmark.

It's pretty obvious the redistribution mantra of liberals isn't about "fairness."

14 posted on 03/02/2015 10:03:37 AM PST by IronJack
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To: SeekAndFind

bkmk


15 posted on 03/02/2015 10:44:03 AM PST by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
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To: SeekAndFind
A very large pct. of the ignorati i.e. Dem voters are firm in their belief that the rich pay no taxes. I've had lib/Dem friends and family members say that. I've even read statements by dopes on sports message boards who say that.

Then I recite the facts to them. They still don't want to believe it. They'd rather believe the lies Dear Leader tells them.

16 posted on 03/02/2015 11:25:42 AM PST by driftless2 (For long term happiness, learn how to play the accordion.)
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To: SeekAndFind

Not only would the rich guys pay most of the tab, the freeloaders would get paid for the pleasure of eating with the rich guy. Earned income tax credit. What a load of horse dung.


17 posted on 03/02/2015 11:54:47 AM PST by Organic Panic
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To: SeekAndFind

If you attach an actual number to the phrase “fair share,” you’ll find that the rich pay far more than a fair share. But that’s not the point to the phrase; it needs to be deliberately vague so that it can always be trotted out to feed the class envy wing of the democrat party. Wing? I mean the entire party.


18 posted on 03/02/2015 12:26:20 PM PST by DPMD
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To: Lurkinanloomin
You got it and I am glad I helped clarify this for you. we are getting to the point where the people who own the MSM, who import and benefit from cheap labor and are working “together to get things done”(not in our interest or favor) should pay high taxes. They should pay them not because they are rich but because they deserve to pay them.
19 posted on 03/02/2015 1:52:21 PM PST by amnestynone (A big government conservative is just a corporatist who is not paying enough taxes.)
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