FWIW, the Top 1% in 2011 was anyone making about $390,000 in taxable income or more. Those individuals paid almost 36% of all income taxes in the U.S. in that year. They earned about 19% of the income.
What's the alternative to this though?
Paying 50%, of course.
And there it is.
Don't be fooled, jhmd's position on this issue is motivated by one and only one thing - his own financial gain. He has wrapped his argument in the facade of caring or belief in the ability of the poor when in fact he just wants lower taxes and more profits in his investment portfolio.
And there it is.
Don't be fooled, jhmd's position on this issue is motivated by one and only one thing - his own financial gain. He has wrapped his argument in the facade of caring or belief in the ability of the poor when in fact he just wants lower taxes and more profits in his investment portfolio.
Does not follow, but thanks for playing.
Be honest, champ. You can't bullshit me with this "I believe in the poor's ability to lift themselves up therefore I advocate pulling aid" horseshit. You can't bullshit a bullshitter.
Well what is your concern then if it's not pretty much solely your own financial well being? Like I said, I don't have a problem with that really but as I see it people who are against higher taxes for richer people can argue two things: self-interest and fairness. Self-interest is a major part of democratic republic and everyone can vote their own interest so that's fine, but with fairness you have to get into a lot of deeper discussions regarding how level the playing field actually is before complaining about being "unfairly" taxed.
What are the other things you can argue against people with more money paying slightly higher taxes? Trickle-down economics is an unmitigated failure in practice, so that's out.
People arguing against that:
1. Anybody in favor of a flat tax (regressive tax)
2. Anybody in favor of the libertarian "Fair Tax" idea or whatever they're calling it this week
3. Anybody citing stats indicating that the top 1% makes up X amount of the country's income but pays more than X percent in taxes
4. Summing up 1-3: almost everybody in the Republican Party
I just watched BB a couple of months ago and the entire time I watched it, I thought this avatar would suddenly resonate with me. Nope.
Given that 1 & 2 aren't close to our current policy, and point #3 is a provable fact (note carefully that arguing provable facts is apparently frowned upon....a curious development if ever there was one), is it a fair characterization of our current system when critics decry high income earners as not paying their "fair share"? If any argument that they shouldn't pay even more is deemed solely out of self-interest, then do the people paying for the system not even have standing to argue what their "fair share" should be? Could you think of a more totalitarian notion than that?
My life---much like yours---is going to be just fine either way. If I didn't care about others, I'd take your approach, which is leave them struggling and dependent on subsistence aid. I wouldn't insist that we set the necessary preconditions for upward mobility as part of our plan. I'd indulge your soft bigotry and send them some aid, mainly because I'd feel good about myself. Oh, and I would most certainly yell at anyone else who hasn't similarly given up on these people. That would make me feel even better about myself.
You asked me who was arguing against people with more money paying slightly higher taxes. I gave you a list of four groups of people who are doing this. What does that have to do with the fact that 1 and 2 aren't close to our current policy? What does it have to do with number 3 being a provable fact? I'm pointing out people who are doing 1-3 are those who are arguing against people with more money paying slightly higher taxes percentage-wise.
Arguing provable facts is definitely not frowned upon, but interesting that you would bring that up since most of your debate on welfare on the other thread last week involved you avoiding any facts that were brought up that didn't indicate your view was correct.
I don't really understand what your point is in the last few sentences. Nobody said they don't have standing to argue about what percentage of taxes they should be paying. I don't think anybody has talked about that.