Taxes on Rich People?
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- boobs
They should be a lot higher, don't you think?
- zarkonite-1
no
- kgvs720
Yes
- monospaced0
How rich?
- zarkonite0
Rick James rich
- I saw what you did thereboobs
- rick james had 100k when he dieduberdesigner
- that's a lot of money.VectorMasked
- having 100k in the bank upon death meant he was hurtin in tha bank by then.malzone
- Cocaine is a hell of a drug.kgvs72
- Rick James bitch! Lol...Love that episode...fyoucher1
- GetRefresh0
Flat tax system please.
- nice for the one which gets 8 dollar an hour. meanwhile the boss, which is a cheap bastard....akrokdesign
- gets 100/hr.akrokdesign
- The boss takes the risk and wins more. Will the employee pay his bosses loans if the company fails?raf
- the boss be nothing with out the workers. they are the SEEDS in the ground.akrokdesign
- There's millions of workers, very few can start and run their own company. Most people are too lazy, afraid or dumb.raf
- Refraining from starting your own company does not qualify you as lazy, dumb or afraid. Just sane.blaw
- I know - but that's what I meant, you have to be a bit crazy to risk starting your own business.raf
- No risk, no reward. I don't think 'refraining' is the right word...formed
- +1baseline_shift
- raf0
As in "punish the active, the successful, the risk-taking"? Society needs them just as it needs toilet cleaners, waiters or factory workers. Actually, more.
Taxing the rich more would bite the poor back in the end. The rich are the ones who create jobs. If you tax them too much they will outsource your job, or move their business to another country at all.
Also they are the ones who can afford accounting services that would help them escape paying that tax.I say, the lower the tax, the more the tax man gets (within reason, zero tax brings zero tax revenue. 10% is fair.)
Let people get rich, they spend and reinvest, everyone wins.
- Amicus0
Taxes need to be simplified. It's probably the easiest area to create productivity gains for every single industry sector out there.
Individuals - x amount not taxed. everything else taxed at the same rate with no (or very few) deductions.
Businesses - taxes must be based on a per transaction basis not profits. 2 levels:
– startup less than 5 years or $2million turnover) x amount.
– established slightly higher rate.Consumption
• energy efficient / fresh food – low rate
• energy inefficient (low star rating appliances etc) – high rate
• proven medical risk products (alcohol, tobacco, high heels ;) etc ) – high rate
• energy producing or water saving – low rate
- KwesiJ0
yes tax them because accumulating wealth has a huge cost on society and creates more poverty
- akrokdesign0
yes, make more. pay more.
- they already do.ribit
- i know. but there still biggest TAXES on the MIDDLE CLASS.akrokdesign
- really?ribit
- it's like that everywhere..
it suckselektro
- akrokdesign0
yeah, yeah...the rich risk taker. the one that TAKE BONUSES when the company goes bad. NICE.
- raf0
Money should stay in the economy, not go to the government. Where do you get the idea from that the more the government gets, the better for "the people"?
Government will spend it carelessly and/or steal - whether it's through running a costly war while friends own fighter jet and tank factories, or more blatantly: by giving the money away in trillions to their Wall Street friends.
"Giving money and power to government is like giving whiskey and car keys to teenage boys." -P.J. O'Rourke
- well, your from ireland. i can understand if you don't trust them. :-)akrokdesign
- I don't come from but live in Ireland, where low taxes brought wealth to masses.raf
- Now the govt is slaying the Celtic Tiger by raising taxes - just when the UK lowers them. Guess where the Irish shop?raf
- sorry, but Ireland fucked itself Not sure how Iceland #2 is a success story.monNom
- that's what happens when you turn your economy into a casino.... "risk takers".monNom
- uberdesigner0
no.
- of course you would say no.akrokdesign
- naturallyuberdesigner
- Hedge would agree with you.utopian
- KwesiJ0
poor people are the hard working, resourceful, risk takers because they HAVE to be. 95% of rich people are born rich and have shit handed to them then get a great job and go on about how to be successful like the poor people can't figure it out or something.
- if the poor people figured it out they wouldn't be poorAmicus
- is that 95% figure based on a fact you read?Mellimelvin
- _me_0
when i lived in the US a few years ago - didn't some Presidential hopeful once suggest everyone simply pays 7% of the income in tax - no matter what their income is? Was it Nader?
I always thought that sounded like a good idea...
- raf0
Working 9-5 for salary is playing safe. Getting a loan to start a business, hiring 9-5'ers who don't give a shit after 5 and praying for all this to work out while watching your hair go grey at night - this is what I mean by risk-taking.
This is why the company owner makes more money - he bets and does what he can to win. The employee comes in, does his thing, collects his paycheck regardless of whether there was profit this month. He doesn't take the risk, if the company goes down he goes to another one.Thing is, there is less money to pay the employee if you tax the shit of his boss.
In other words: the government will tax your rich boss and you will be happy because "that's fair" (!?) Meanwhile you will not make a mental connection between your boss getting robbed by the tax man and you not getting a raise.I am simplifying this, but this will happen on a big scale - if every wealthy boss gets taxed, he'll either have less money for his employees' salaries or his wife will not refurbish her villa or get a new car. This, in turn means less job for villa refurbishers and car factory workers.
Which leads to my conclusion: If you tax the rich, the poor will suffer in the end.- except you are lumping personal and company finances together a little too much?ribit
- As I said, I am simplifying greatly :)raf
- In the end we're all dead. We all suffer in the end.
boobs - The boss will have breaks/dividends through his co. if he's smart so his declared salary will probably be tiny.babaganush
- ribit0
all these arguments a pretty simplistic, when the answer is all about fine-tuning and finding balances and details.. (i.e. I don't think we're going to solve the problem in this thread at this rate)
btw.. isn't this 'politics'?
- Politics? It's homegrown economy, but don't worry, academic one isn't a science either :)raf
- utopian0
Absolutely yes, the wealthy elite have reaped the rewards of supercapitalism and greed!
- boobs0
Tax the living shit out of people, and they'll have to work hard!!
- airey0
i'd have thought an equal amount for all but that's obviously crazy talk. the issue i have is that if you earn enough you can find a million ways to not actually pay any.
- Hurley0
39% is pretty damn fair.