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I'm just curious. Who doesn't want billionaires to pay what they owe? Who doesn't want EVERYONE to pay 'their fair share'? If billionaires aren't paying enough of their income, that is not due to cheating or whatever the proletariat thinks it is, but it is due to a tax code that allows them to do so.
 
I'm just curious. Who doesn't want billionaires to pay what they owe? Who doesn't want EVERYONE to pay 'their fair share'? If billionaires aren't paying enough of their income, that is not due to cheating or whatever the proletariat thinks it is, but it is due to a tax code that allows them to do so.
Seems the rich pay the majority of the taxes..that poster hasn't left the Dems plantation..

Altogether, the top 50 percent of filers earned 90 percent of all income and were responsible for 98 percent of all income taxes paid in 2021. The other half of earners, those with incomes below $46,637, collectively paid 2.3 percent of all income taxes in 2021.
 
I'm just curious. Who doesn't want billionaires to pay what they owe? Who doesn't want EVERYONE to pay 'their fair share'? If billionaires aren't paying enough of their income, that is not due to cheating or whatever the proletariat thinks it is, but it is due to a tax code that allows them to do so.
When the guy says “pay what they owe” he means the “fair share” nonsense.
 
Seems the rich pay the majority of the taxes..that poster hasn't left the Dems plantation..

Altogether, the top 50 percent of filers earned 90 percent of all income and were responsible for 98 percent of all income taxes paid in 2021. The other half of earners, those with incomes below $46,637, collectively paid 2.3 percent of all income taxes in 2021.


I'm all for lower class persons paying more in taxes. But I'm also for the highest earners paying more, as well.

Wonder what the stats would be for everyone paying, say, 5 percent more per year and what that would do to the debt over time.
 
I'm all for lower class persons paying more in taxes. But I'm also for the highest earners paying more, as well.

Wonder what the stats would be for everyone paying, say, 5 percent more per year and what that would do to the debt over time.
Not a *$##^&@ thing if the spending isn't addressed.
 
I'm all for lower class persons paying more in taxes. But I'm also for the highest earners paying more, as well.

Wonder what the stats would be for everyone paying, say, 5 percent more per year and what that would do to the debt over time.

Nice to see your true feelings come out.
 
Most people do "pay what they owe" in accordance with how the tax code is written by.........all the MILLIONAIRES in Congress! Sure, some people try to cheat the system, but most don't. But you're an idiot if you don't take the write offs, write downs, exemptions, credits and expenses the IRS/Tax Laws allow. Those that cheat usually get caught and end up paying exorbitant fines on top of owed taxes, which I'm fine with. I don't know why this lazy argument of "pay your fair share" even still exists. Oh, wait.....yes I do. Democrats, because they just have to blame someone and make everyone else a victim.
 
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I'm all for lower class persons paying more in taxes. But I'm also for the highest earners paying more, as well.

Wonder what the stats would be for everyone paying, say, 5 percent more per year and what that would do to the debt over time.
So you think that the earners that pay 98% of the taxes need to pay more??
 
I'm all for lower class persons paying more in taxes. But I'm also for the highest earners paying more, as well.

Wonder what the stats would be for everyone paying, say, 5 percent more per year and what that would do to the debt over time.

Wouldn't do squat to the debt at $34 trillion. We might only marginally chip away at the interest we're paying on the interest on the debt. Maybe. Incessant, mindless spending is the problem and lack of discipline at all levels of govt....not the worker bees out here in the world making s*** happen.

Edit: .Gov took in $4.44T in tax receipts in 2023. And additional 5% would be about $220B? Net interest cost on the national debt soared to $659B in 2023. The gov spent $6.13T in 2023.
 
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I'm all for lower class persons paying more in taxes. But I'm also for the highest earners paying more, as well.

Wonder what the stats would be for everyone paying, say, 5 percent more per year and what that would do to the debt over time.
Very little impact. Tax revenues, going all the way back to the 40s, fluctuate around 18-22% of GDP regardless of rates. Increased rates do not correlate with increased revenue relative to GDP.
 
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