Survey: America's rich don't pay enou...

Survey: America's rich don't pay enough taxes

There are 11 comments on the KING-TV Seattle story from Aug 27, 2012, titled Survey: America's rich don't pay enough taxes. In it, KING-TV Seattle reports that:

As the income gap between rich and poor widens, a majority of Americans say the growing divide is bad for the country and believe that wealthy people are paying too little in taxes, according to a new survey.

Join the discussion below, or Read more at KING-TV Seattle.

Eleanor

Vernon Hills, IL

#1 Aug 27, 2012
What ordinary people don't understand is that they could pay 100% of their total income as taxes and still not pay anywhere NEAR the amount that the rich pay in taxes.

Us non-rich folks might pay a little higher PERCENTAGE, but dollar for dollar, the rich pay PHENOMANALLY MORE money to the government in taxes (and use significantly LESS of government services).

Since: Aug 12

Minsk, Belarus

#2 Aug 27, 2012
and how much you can pay? taxcalculator.org

“cdesign proponentsists”

Since: Jul 09

Pittsburgh, PA

#3 Aug 27, 2012
The Parable of 10 Men in a Bar

Not a Bible parable, obviously, but one of the best analogies I’ve ever seen to explain the downfall of Socialist taxation policies.

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes,it would go something like this:

The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.

So, that’s what they decided to do.

The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve.‘Since you are all such good customers,’ he said,‘I’m going to reduce the cost of your daily beer by $20.’ Drinks for the ten now cost just $80.

The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free.

But what about the other six men – the paying customers? How could they divide the $20 windfall so that everyone would get his ‘fair share?’

They realized that $20 divided by six is $3.33. But if they subtracted that from everybody’s share, then the fifth man and the sixth man would each end up being paid to drink his beer. So, the bar owner suggested that it would be fair to reduce each man’s bill by roughly the same amount, and he proceeded to work out the amounts each should pay.

And so:
The fifth man, like the first four, now paid nothing (100%savings).
The sixth now paid $2 instead of $3 (33%savings).
The seventh now pay $5 instead of $7 (28%savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 (22% savings).
The tenth now paid $49 instead of $59 (16% savings).

Each of the six was better off than before. And the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings.

‘I only got a dollar out of the $20,’ declared the sixth man. He pointed to the tenth man,‘but he got $10!’

‘Yeah, that’s right,’ exclaimed the fifth man.‘I only saved a dollar, too. It’s unfair that he got ten times more than I got!’

‘That’s true!!’ shouted the seventh man.‘Why should he get $10 back when I got only two? The wealthy get all the breaks!’

‘Wait a minute,’ yelled the first four men in unison.‘We didn’t get anything at all. The system exploits the poor!’

The nine men surrounded the tenth and beat him up.

The next night the tenth man didn’t show up for drinks so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill!

And that, ladies and gentlemen, journalists and college professors, is how our tax system works!!

The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.
Leaky Bucket

United States

#4 Aug 27, 2012
There are too many ineligable recipients of my tax money.

WHY should anyone allow
a second generation welfare collecting tree
to continue

with absolutely no desire to git off the porch?

“i hope we can change this!”

Since: Aug 08

usa

#5 Aug 27, 2012
that would be the majority that pay NO taxes at all.

“i hope we can change this!”

Since: Aug 08

usa

#6 Aug 27, 2012
Eleanor wrote:
What ordinary people don't understand is that they could pay 100% of their total income as taxes and still not pay anywhere NEAR the amount that the rich pay in taxes.
Us non-rich folks might pay a little higher PERCENTAGE, but dollar for dollar, the rich pay PHENOMANALLY MORE money to the government in taxes (and use significantly LESS of government services).
and, if obama and the media continue to have their way, ordinary people will NEVER understand that.

“Waytogo”

Since: Oct 09

Location hidden

#7 Aug 27, 2012
I would like to see a 15% flat tax on everybody and on every dollare earned...NO OFF SHORE SAFETY ACCOUNTS OR TAX SHELTERS OR WRITE OFFS.....FLAT 15% FOR ALL ON EVERY DOLLAR......That way the rich would pay alot more and all people would atleast pay something....
palebaldtrolldol l

Portage, MI

#8 Aug 28, 2012
TheBlackSheep wrote:
The Parable of 10 Men in a Bar
Not a Bible parable, obviously, but one of the best analogies I’ve ever seen to explain the downfall of Socialist taxation policies.
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes,it would go something like this:
The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.
So, that’s what they decided to do.
The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve.‘Since you are all such good customers,’ he said,‘I’m going to reduce the cost of your daily beer by $20.’ Drinks for the ten now cost just $80.
The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free.
But what about the other six men – the paying customers? How could they divide the $20 windfall so that everyone would get his ‘fair share?’
They realized that $20 divided by six is $3.33. But if they subtracted that from everybody’s share, then the fifth man and the sixth man would each end up being paid to drink his beer. So, the bar owner suggested that it would be fair to reduce each man’s bill by roughly the same amount, and he proceeded to work out the amounts each should pay.
And so:
The fifth man, like the first four, now paid nothing (100%savings).
The sixth now paid $2 instead of $3 (33%savings).
The seventh now pay $5 instead of $7 (28%savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 (22% savings).
The tenth now paid $49 instead of $59 (16% savings).
Each of the six was better off than before. And the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings.
‘I only got a dollar out of the $20,’ declared the sixth man. He pointed to the tenth man,‘but he got $10!’
‘Yeah, that’s right,’ exclaimed the fifth man.‘I only saved a dollar, too. It’s unfair that he got ten times more than I got!’
‘That’s true!!’ shouted the seventh man.‘Why should he get $10 back when I got only two? The wealthy get all the breaks!’
‘Wait a minute,’ yelled the first four men in unison.‘We didn’t get anything at all. The system exploits the poor!’
The nine men surrounded the tenth and beat him up.
The next night the tenth man didn’t show up for drinks so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill!
And that, ladies and gentlemen, journalists and college professors, is how our tax system works!!
The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.
good gtfo! Don't let the door hit ya where god split ya! How did the rich amass their wealth? On the backs of the poor! You didn't build your wealth alone. Miser.
eleanorisalesbia n

Portage, MI

#10 Aug 28, 2012
Eleanor wrote:
What ordinary people don't understand is that they could pay 100% of their total income as taxes and still not pay anywhere NEAR the amount that the rich pay in taxes.
Us non-rich folks might pay a little higher PERCENTAGE, but dollar for dollar, the rich pay PHENOMANALLY MORE money to the government in taxes (and use significantly LESS of government services).
look toots. If the wage gap wasn't so wide then the lower class could have a decent tax liability. If the rich have 90 percent of the wealth they should pay 90 percent of the taxes.

Since: May 11

Location hidden

#11 Aug 28, 2012
Leaky Bucket wrote:
There are too many ineligable recipients of my tax money.
WHY should anyone allow
a second generation welfare collecting tree
to continue
with absolutely no desire to git off the porch?
Do you every wonder why your tax dollars are building mosques in Iraq?

Since: May 11

Location hidden

#13 Aug 28, 2012
ToManyLaws wrote:
I would like to see a 15% flat tax on everybody and on every dollare earned...NO OFF SHORE SAFETY ACCOUNTS OR TAX SHELTERS OR WRITE OFFS.....FLAT 15% FOR ALL ON EVERY DOLLAR......That way the rich would pay alot more and all people would atleast pay something....
This makes much more sense than that idiotic unFAIR tax.

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