Quote:
Originally Posted by OpieCunningham
You may not have a problem with it, but that doesn't mean there is not a problem with it. I agree to a degree that the government does not need more money - but where they cut their income is the issue we are discussing. Cutting taxes almost exclusively for the rich is not justified.
No, they're not. They have a tax rate which is their share - and they do not pay their tax rate.
As for the rest, you're describing the progressive nature of our tax system - this is not news to me, nor does it bolster your argument. So the rich pay more, dollar for dollar of their income directly proportional to the degree that their income exceeds those who are not rich. Yes indeed. So what? Are you half-heartedly arguing for a flat tax?
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They are not cutting taxes exclusively for the rich that's the point. Everyone has received a tax cut.
They are paying their share because they are not avoiding these taxes illegally. They are making use of the loopholes present in the system. Close the current loopholes and there will be more found. There is no foolproof way to insure that the rich can't legally avoid paying the maximum tax. In fact the Supreme Court has said that there is nothing wrong with doing everything legally possible to avoid paying taxes.
I am not arguing for a flat tax. Nor am I arguing against it. I am saying the government does not need more money and I am saying that the wealthy who shout that the rich should pay more in taxes should be questioned about why it is that they choose not to despite their supposed commitment to giving more back to the country that has given them so much.