Mitt Romney pays 13.9 % Tax rate. I pay 26%.

[8ight]

No, the number means nothing. The logic for the percentage makes sense for lower income because they little they have is important, so less taxes. The opposite would be true, that then those who make exponentially more would pay a bigger portion of their income. Youre looking at numbers but completely disregarding percentages.

My father averages 170k a year, last year i made 83k....we both agree the more you make the taxes you pay should be proportionate. It doesnt matter if he paid a million dollars in taxes, he still made 10 million.

It's called a progressive tax...

[redbaron80]

I'm glad my thread got so much interest. Thank you for all the replies. It still baffles me that there are people on this thread that think ROMNEY pays a fair share of taxes. 13% vs. my 26%.

I have never asked for a hand out, and work two jobs to support myself and my family. However, when I see ROMNEY pay 1/2 the amount of tax % I pay, it seems unfair.

[8ight]

I'm glad my thread got so much interest. Thank you for all the replies. It still baffles me that there are people on this thread that think ROMNEY pays a fair share of taxes. 13% vs. my 26%.

I have never asked for a hand out, and work two jobs to support myself and my family. However, when I see ROMNEY pay 1/2 the amount of tax % I pay, it seems unfair.

It is unfair that anyone has to pay an income tax, since you're only paying interest on the Federal Reserve Notes the government borrows to use as our currency. Your tax dollars: putting money into the pockets of bankers since 1913.

[redbaron80]

I'm glad my thread got so much interest. Thank you for all the replies. It still baffles me that there are people on this thread that think ROMNEY pays a fair share of taxes. 13% vs. my 26%.

I have never asked for a hand out, and work two jobs to support myself and my family. However, when I see ROMNEY pay 1/2 the amount of tax % I pay, it seems unfair.

It is unfair that anyone has to pay an income tax, since you're only paying interest on the Federal Reserve Notes the government borrows to use as our currency. Your tax dollars: putting money into the pockets of bankers since 1913.

Agreed!!!

[CLNSHVNnDRAGGN]

No, the number means nothing. The logic for the percentage makes sense for lower income because they little they have is important, so less taxes. The opposite would be true, that then those who make exponentially more would pay a bigger portion of their income. Youre looking at numbers but completely disregarding percentages.

My father averages 170k a year, last year i made 83k....we both agree the more you make the taxes you pay should be proportionate. It doesnt matter if he paid a million dollars in taxes, he still made 10 million.

Businesses (and their owners) have no incentive to expand or to create jobs when there are high taxes. Fewer jobs mean less money for people to spend on goods and services. With higher taxes to businesses, goods and services cost more, and people need more money to buy them. That means people need to make more money which they can't earn because there are fewer jobs. Get it?

People like you think that stealing from the rich to give to the poor creates demand for goods and services (because the lower class paying less taxes have more money) and then creates jobs. Wrong: Those who create businesses and jobs don't say: Now that the fruits of my success have been taken from me and I'm being penalized by having it redistributed to the masses, I think I want to work harder and for less money to create jobs for these same people.

Bottom-up economics is socialist economics, and socialism is a recipe for economic mediocrity at best. Let the examples of socialism around the world attest to that.

[redbaron80]

No, the number means nothing. The logic for the percentage makes sense for lower income because they little they have is important, so less taxes. The opposite would be true, that then those who make exponentially more would pay a bigger portion of their income. Youre looking at numbers but completely disregarding percentages.

My father averages 170k a year, last year i made 83k....we both agree the more you make the taxes you pay should be proportionate. It doesnt matter if he paid a million dollars in taxes, he still made 10 million.

Businesses have no incentive to expand or to create jobs when there are high taxes. Fewer jobs mean less money for people to spend on goods and services. With higher taxes to businesses, goods and services cost more, and people need more money to buy them. That means people need to make more money which they can't earn because there are fewer jobs. Get it?

People like you think that stealing from the rich to give to the poor creates demand for goods and services and then creates jobs. Wrong: Those who create businesses and jobs don't say: Now that the fruits of my success have been taken from me and I'm being penalized by having it redistributed to the masses, I think I want to work harder and for less money to create jobs for these same people.

Bottom-up economics is socialist economics, and socialism is a recipe for economic mediocrity at best. Let the examples of socialism around the world attest to that.

Then can we compromise and both pay 19.5% taxes?

[safiend]

Wheres the proof at people?

[TeamHT]

No, the number means nothing. The logic for the percentage makes sense for lower income because they little they have is important, so less taxes. The opposite would be true, that then those who make exponentially more would pay a bigger portion of their income. Youre looking at numbers but completely disregarding percentages.

My father averages 170k a year, last year i made 83k....we both agree the more you make the taxes you pay should be proportionate. It doesnt matter if he paid a million dollars in taxes, he still made 10 million.

Businesses (and their owners) have no incentive to expand or to create jobs when there are high taxes. Fewer jobs mean less money for people to spend on goods and services. With higher taxes to businesses, goods and services cost more, and people need more money to buy them. That means people need to make more money which they can't earn because there are fewer jobs. Get it?

People like you think that stealing from the rich to give to the poor creates demand for goods and services (because the lower class paying less taxes have more money) and then creates jobs. Wrong: Those who create businesses and jobs don't say: Now that the fruits of my success have been taken from me and I'm being penalized by having it redistributed to the masses, I think I want to work harder and for less money to create jobs for these same people.

Bottom-up economics is socialist economics, and socialism is a recipe for economic mediocrity at best. Let the examples of socialism around the world attest to that.

Wrong. Socialism? Im beginning to think you get all your information from fox news now. And to think there will be no incentive is just farfetched.

[CLNSHVNnDRAGGN]

Then can we compromise and both pay 19.5% taxes?

We can but it still won't work any better than what we have now and may potentially make things worse. If the rich have to pay more in taxes they are just going to pass the cost down the line and eventually the low and middle class people will pay for it anyway so there goes that tax break they get by going to a flat tax. The only way anything is ever going to get fixed with taxes and the economy is if we (the citizens of this country) make the government stop spending like they do but the only way that will happen is if we do away with career politicians. If someone can figure out a way to do that I will have their back 100% but as long as career politicians are in office they aren't going to let anyone take that away from them and unfortunately those are the people we need to make those changes happen.

[CLNSHVNnDRAGGN]

No, the number means nothing. The logic for the percentage makes sense for lower income because they little they have is important, so less taxes. The opposite would be true, that then those who make exponentially more would pay a bigger portion of their income. Youre looking at numbers but completely disregarding percentages.

My father averages 170k a year, last year i made 83k....we both agree the more you make the taxes you pay should be proportionate. It doesnt matter if he paid a million dollars in taxes, he still made 10 million.

Businesses (and their owners) have no incentive to expand or to create jobs when there are high taxes. Fewer jobs mean less money for people to spend on goods and services. With higher taxes to businesses, goods and services cost more, and people need more money to buy them. That means people need to make more money which they can't earn because there are fewer jobs. Get it?

People like you think that stealing from the rich to give to the poor creates demand for goods and services (because the lower class paying less taxes have more money) and then creates jobs. Wrong: Those who create businesses and jobs don't say: Now that the fruits of my success have been taken from me and I'm being penalized by having it redistributed to the masses, I think I want to work harder and for less money to create jobs for these same people.

Bottom-up economics is socialist economics, and socialism is a recipe for economic mediocrity at best. Let the examples of socialism around the world attest to that.

Wrong. Socialism? Im beginning to think you get all your information from fox news now. And to think there will be no incentive is just farfetched.

So explain to me what incentives there are to work harder for less?