Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: arno who wrote (47434)	12/4/2017 9:58:13 PM
From: neolib	1 Recommendation Recommended By bentway Read Replies (3) \| Respond to of 361488

Did you know those top 10% who paid 70% of the taxes also had nearly 50% of the total income? So you should have expected them to pay at least 50% of the taxes right? I don't see a 1.4 multiplier as particularly regressive under the circumstances.

To: arno who wrote (47434)

12/5/2017 10:53:22 AM

From: koan

Read Replies (1) | Respond to of 361488

The top 10% pay most of the taxes because that is the concept of a progressive tax system, but they have also had all the productive gains of the last 40 years.

You do not need to worry about the rich, they are doing just fine. It would be nice if the Republicans worried a bit more about the poor and needy!

Look at this tax bill it is all for the rich and obscene. They passed it because they can. The rich have all the power, own the majority of congress people, namely the Republicans. How do you think power works?

The poor have no power.

What Republicans do not understand, at all, is that the health of the society is of paramount importance and takes precedent over all individual desires.

<<


To many people, you are one of the 'rich'. You can pay any extra you want to satisfy your conscience. You did know the top 10% of wage earners pay 70% of income tax. Maybe you didn't...