SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Who Really Pays Taxes?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lizzie Tudor who wrote (423)8/18/2000 8:31:12 AM
From: briskit  Read Replies (3) of 666
 
I think I understand you, and I agree that fairness is the issue. It seems clear to me that lower income people are not paying too much in the way of taxes, unless they deserve a free ride. (I'm conceding the point that 1/2 the population pays 4% of income tax). Net worth is not a good measure for taxation. Should you pay taxes every year because you have money, but no income? If you did well and retire at 45 with 10 Mil, do you still owe? The government takes at least its fair share in my experience. I had a business and didn't pay myself much as I tried to build it. When I sold it I got creamed. In addition, a late filing while trying to sort out tax code issues cost me a 25%! penalty. The government or "the people" made much more from that business than I did, and they didn't risk, worry, work or sweat one day to do so. The huge penalty for technical violations was not fair either. Taxes could be simple enough for all of us to understand as we plan our financial lives. I could have suffered lesser penalties for many criminal offences. I am not worried that the government won't take from someone who makes some money. It also seems to me the tax code is largely the work of the democrats, who were in control of both houses 40 years running. I am for less taxes and less pooling of the peoples' money into the hands of politicians.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News