Put Me In Charge
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Ythan SheWelcome to the HaystackShe
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Yosarian2 (shrug)
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Honestly, that's not enough. If the middle class earns 50k and pays 15% of it (keeping 42.5k), and the rich earn 2 million dollars a year and pay 15% of it (keeping; 1.7 million) yes, the rich are paying more money, but they're still getting 40 times as much money every year.PranaDevil wrote: You appear to be of the assumption I'm saying that the rich should pay less tax. I'm saying that the percentage of their earnings that they pay in tax is less than the middle class and working class, and it should be changed so that all three classes pay the same percentage in tax.
For example, if the working class and middle class pay 15% tax (as an example), why should the rich say... pay only 12%? It should be a flat percentage clean across the board, no favouritism shown to one class or another.
Even that wouldn't be too bad in and of itself, but if the rich keep all that money and keep investing it, they end up thousands of times richer then the middle class. Over the long run, that kind of wealth disparity basically destroys the middle class, and you end up with just a few rich and everyone else poor, with the rich owning and running basically everything.
So, along with the rich paying their fair share for the operation of government, you also need some additional mechanism for redistributing some part of their wealth before it grows completely out of control. Just taxing them at the same rate as the middle class really isn't enough.Last edited by Yosarian2 on Fri Jan 07, 2011 3:29 pm, edited 1 time in total.I want us to win just for Yos' inevitable rant alone. -CrashTextDummie-
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PranaDevil Mafia Scum
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Either you don't know what the fuck you're on about, or what I said went over your head.Cyberbob wrote:
yepPranaDevil wrote:Yet in reality the opposite is true.
watPranaDevil wrote:Yet you seem to be arguing that it shouldn't be.
I'm not saying Poor should pay £200 and rich should pay £200.
I'm saying Poor should pay 15% and Rich should pay 15%
Which is fair. At the moment the rich pay a smaller percentage of tax than poor. You don't need to reverse the roles to the rich paying a higher percentage. But it should be changed so they pay the same amount.
Otherwise you're saying "Hey, you've chosen to work in a better paying job, so we're going to fuck you over for trying to better yourself".-
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Cyberbob Mafia Scum
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I know what you're saying thanks - I also know that flat taxes are possibly the dumbest shit that somehow appeals to dumbshits with a surface understanding of "fairness"PranaDevil wrote:I'm saying Poor should pay 15% and Rich should pay 15%
lmaoPranaDevil wrote:Otherwise you're saying "Hey, you've chosen to work in a better paying job, so we're going to fuck you over for trying to better yourself".tread softly because you tread on my dreams
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Yosarian2 (shrug)
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That's not how income taxes in the United States work.PranaDevil wrote: Otherwise you're saying "Hey, you've chosen to work in a better paying job, so we're going to fuck you over for trying to better yourself".
Let me put it this way. There's a 25% tax bracket for everyone who earns under $82,400, and a 28% one for over over $82,400. So does that mean that a person who earns more then $82,400 is getting "fucked over" for earning more money? Not at all. If you earn $100,000 a year, you only pay the 28% on everything you earn OVER $82,400; that is, you pay 28% on the last $17,600, while you pay the lower rate on the rest of your earnings.
You always bring more money home if you have a bigger paycheck. You might pay a higher rate on the last few dollars you earn, but you're still always better off earning them then you would be not earning them.I want us to win just for Yos' inevitable rant alone. -CrashTextDummie-
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Zachrulez Jack of All Trades
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You don't really get fucked over though. If you're rich enough to live a comfortable life taxes are an inconvenience, not something that's killing you.PranaDevil wrote:
Otherwise you're saying "Hey, you've chosen to work in a better paying job, so we're going to fuck you over for trying to better yourself".
Edit: Also agree with Yos.-
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PranaDevil Mafia Scum
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Okay then, let's just pretend that your idea is even slightly good.
Tax bracket A goes from 0-£10,000 a year. In that bracket you don't pay any tax.
Tax bracket B goes from £10,001-£20,000 a year. In that bracket you pay 15% tax
Tax bracket B goes from £20,001 and up a year. In that bracket you pay 25% tax (We're not talking realistic numbers but simple ones to understand for this exercise, as it would work regardless of money involved)
Someone earns £19,500 a year, and is therefore paying £2925 tax per year. Leaving a net profit of £16,575
They get a pay rise of £1000, to £21,500 a year. They now pay £5375 tax each year. They now have a net profit of £16,125
Meaning they get a pay rise of £100 and actually lose £450 out of it.
According to you, this would be fair.-
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Zachrulez Jack of All Trades
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Zachrulez Jack of All Trades
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US tax brackets.PranaDevil wrote:Okay then, let's just pretend that your idea is even slightly good.
Tax bracket A goes from 0-£10,000 a year. In that bracket you don't pay any tax.
Tax bracket B goes from £10,001-£20,000 a year. In that bracket you pay 15% tax
Tax bracket B goes from £20,001 and up a year. In that bracket you pay 25% tax (We're not talking realistic numbers but simple ones to understand for this exercise, as it would work regardless of money involved)
Someone earns £19,500 a year, and is therefore paying £2925 tax per year. Leaving a net profit of £16,575
They get a pay rise of £1000, to £21,500 a year. They now pay £5375 tax each year. They now have a net profit of £16,125
Meaning they get a pay rise of £100 and actually lose £450 out of it.
According to you, this would be fair.
http://www.moneychimp.com/features/tax_brackets.htm
Which if I'm reading correctly correlates to what Yos was saying.-
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Zachrulez Jack of All Trades
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Ythan SheWelcome to the HaystackShe
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Ythan SheWelcome to the HaystackShe
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PranaDevil Mafia Scum
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It looks like the US system is different to the UK then.
But the fact still remains that a lot of the bigger businesses and high paid businessmen get out of paying the taxes they should be paying and the government doesn't actually chase it up. A LOT of financial problems would be fixed by doing so. (I'm not sure about the US, but in the UK a few billion each year is lost on unpaid taxes by businesses and such. The government instead concentrates on clawing back a few million from benefits cheats).-
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JDodge Accept it
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Out of curiosity, did you actually bother to read Yos' post at all? Particularly the point where he explicitly stated that under the current US tax system it's actually impossible for this to happen?PranaDevil wrote:Okay then, let's just pretend that your idea is even slightly good.
Tax bracket A goes from 0-£10,000 a year. In that bracket you don't pay any tax.
Tax bracket B goes from £10,001-£20,000 a year. In that bracket you pay 15% tax
Tax bracket B goes from £20,001 and up a year. In that bracket you pay 25% tax (We're not talking realistic numbers but simple ones to understand for this exercise, as it would work regardless of money involved)
Someone earns £19,500 a year, and is therefore paying £2925 tax per year. Leaving a net profit of £16,575
They get a pay rise of £1000, to £21,500 a year. They now pay £5375 tax each year. They now have a net profit of £16,125
Meaning they get a pay rise of £100 and actually lose £450 out of it.
According to you, this would be fair.-
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PranaDevil Mafia Scum
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ReaperCharlie Jack of All Trades
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I always deliver son.Ythan wrote:Great thread Charlie.Show"Take me to Pleasure Town!" "Look, the most Glorious Rainbow Ever!" "Do me on it!" -
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Cyberbob Mafia Scum
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ReaperCharlie Jack of All Trades
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no uShow"Take me to Pleasure Town!" "Look, the most Glorious Rainbow Ever!" "Do me on it!" -
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bv310 Mafia Scum
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Ythan SheWelcome to the HaystackShe
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Cyberbob Mafia Scum
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wishing the death of a dipshit wannabe marine fetishiser is too far
wishing the implementation of public policy that would knowingly result in increased death and suffering for millions of poor people is a-ok
mafiascumtread softly because you tread on my dreams
daddy's little girl ain't a girl no more
"quasi-rape" --Vi
"real liberals" --Yos-
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Ythan SheWelcome to the HaystackShe
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bv310 Mafia Scum
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Not at all, bob. This thread isn't "wishing" for these policies to be implemented. It's presenting an extreme view on something to generate discussion. Wishing for anyone to be killed in a terrible way is just blatantly offensive.
P-EDIT: Ythan's right, though. This is just my opinion, not that of the site at large.-
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Ythan SheWelcome to the HaystackShe
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JDodge Accept it
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I dunno, I'd rather be hit by an IED and vaporized pretty much instantly than starve to death. How bout you?bv310 wrote:Not at all, bob. This thread isn't "wishing" for these policies to be implemented. It's presenting an extreme view on something to generate discussion. Wishing for anyone to be killed in a terrible way is just blatantly offensive.
P-EDIT: Ythan's right, though. This is just my opinion, not that of the site at large.
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