Comments on: Why Do We Tax People Who Make More Money At A Greater Percent?

By: Ryan M

Ryan M — Sat, 19 Dec 2009 19:23:08 +0000

We’re slowly in the process of being completely controlled!
I know..it’s not cool AT ALL!

By: Doctor Deth

Doctor Deth — Sat, 19 Dec 2009 15:15:06 +0000

Its called forced Socialism! You get penalized for being hard working and successful so you can make life better for the lazy and irresponsible!

By: JanessaC

JanessaC — Sat, 19 Dec 2009 09:12:47 +0000

20% tax for someone makings $10,000 a year is a bigger burden than 20% tax for someone making 80,000 a year. If you make more, you should pay more YOU CAN AFFORD IT – give the low income people a break. (I’m one of the higher earners)

By: Michael S

Michael S — Sat, 19 Dec 2009 07:59:55 +0000

Because they have the money and SHOULD be taxed more. I agree 100% with Warren Buffet on this one. Most people in that tax bracket are paying a smaller overall percentage in taxes than the average citizen.
From Freakonomics blog:
Well, let’s start with the ultra-rich. Bajillionaire Warren Buffett has argued that he isn’t being asked to pay his share. He went around his office, asking people what share of their income they pay in income taxes. Buffett’s 17.7 percent tax rate compared a bit too favorably with the 30 percent tax rate paid by his secretary.

By: deliciou…

deliciou… — Sat, 19 Dec 2009 06:38:31 +0000

It allows the government to have more tax money which they can use to give free bailout money to horribly mismanaged corporations. Then the executives can use that money for essential company services like redesigning their offices to the tune of a million dollars. Or allowing the auto industry to continue a failed business model. The fair solution would be to adopt a flat tax rate. But that will never happen. The rich may be getting taxed more but it appears they will ultimately recieve more in bailout money than they ever will pay in taxes.