Quote:
Originally Posted by Guest
Wrong, MDLIB, it is only right that the very rich, not just Trump, pay a higher percentage of their income in tax just as we, middle class, pay more in percentage than those making less than us.
Why should they pay a lesser percent in income tax than the middle class?
I don't give a hoot if the dollar amount is a lot more than the dollar amount I pay. I care about that the uber-rich pay a lesser percentage of income than I do. Ditto for big corporations.
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You are PARROTING what the democrats are feeding you.
First of all throughout history, everyone wants but no one wants to pay.
The math is deliberately complex so that few people understand it. First of all you object to use of deductions.
I was in my own business. I assume you worked for someone other than yourself. AS TO FAIR-first social security. You paid 7% are your aware that your employer paid an equal amount for you. Whatever that amount was IT WAS TAX FREE INCOME TO YOU. Self employed, I paid 13%. If, you had a 401K, a 403B plan whatever match you got WAS TAX FREE INCOME. Same was true for whatever your boss paid for medical insurance, retirement plan etc it was all tax free to you.
You object to low tax rates for corporations. First of all our corporate tax rates are among the highest in the world.
Reason our companies, corporations, are buying foreign corporations and thus paying tax to foreign countries rather than in the US. More important RE EVIL CORPORATION OWNERS. If, you have a retirement plan, a 401k 403b etc-YOU TOO ARE AN EVIL CORPORATION OWNER.
The top tax rate on corporate dividends is 15% less than the 28% you claim you pay. I AM ONE OF THE EVIL HOLDERS OF DIVIDEND STOCKS. THE OPPORTUNITY WAS THERE FOR ALL OF US.
The return on them has been quite good. THE REASON FOR THAT IS THE MANIPULATION OF INTEREST RATES BY OUR GOVERNMENT. Just because the have a fancy name-quantitative easing-they have created a house of cards. WILL THEY HAVE THE NERVE TO CALL IT WHAT IT IS WHEN IT EXPLODES-THE OBAMA BUBBLE.