The rich pay a tax rate of about 17%. The middle class pays an effective tax rate approaching 30%.
That takes buying power away from the consumer class and gives investment power to the rich. Investments only help Wall Street. Middle class buying power helps the American economy.
If you do the math on how much we would gain if we taxed the poor, it's barely worth the administrative effort. Nothing from nothing is nothing. Taxing the poor will not get us out of this mess we are in. That's another deflection that you people have fallen for.
I don't think all the taxes are paid by people making less than $100,000 a year. As a matter of fact most people making under $50,000.00 a year if they are smart enough to have H&R Block to fill out there taxes for them pay $0 Federal Income Tax. They still pay FICA and Medicare taxes but everyone pays them. So where do you get that rich people pay $0 taxes. That is laughable. What expenses does someone that makes $50,000 a year have to claim? You can't claim rent. People that make a lot of money have a lot of investments that help lower income people to have jobs. Have you ever seen a poor man hire anybody? That's fine tax the rich to death and they will pass the costs down to someone else by raising prices or just not hire anyone. It is better than having government own all the businesses. Try going to the system the USSR used to have. They were either rich or very, very poor. The government controlled everything. Capitalism is the best style of economy in the world. If you don't believe that you have more issues than liberalism.