What are you people talking about? The rich pay too much in taxes! Yes, its not a big population, but those 1% pay for over 2/3 of America's income tax. And you want them to pay more? Absurd. They took the initiative to get a good education, a good job, and become whatever they wanted, which is what America is all about. Then you have over 48 million people on food stamps, expecting more handouts from the government. They threw away a good shot at a chance to become rich, it is their own fault. The rich are entitled to the money they worked so hard for. So when you think the rich should be heavily taxed, think of the near 50 million lazy Americans who want government handouts and rely on the rich to pay more.
Using anecdotal evidence like Mitt Romney using tax loopholes is not an argument. It's been proven over and over again that the rich pay the vast majority of taxes in this country. Not only that, but the "no's" have not even decided what would be fair! Would it be 50%? 75%? 80%? 99%?
All of us, rich and poor, pay way more than our share in taxes. Income tax, property tax, sales tax, you name it. It doesn't matter whether someone is rich or poor, a significant portion of our earnings is taken from us - and often spent on nonsense socialist programs.
The top 1% pays more taxes than the rest of the nation, and you call that unfair? Let me ask you something. If you were rich, what would you say?
Poor people are more likely to say they aren't paying their "fair share" when THEY are the ones not contributing the same to this world. The rich already pay millions and millions of dollars to the government--that's most of the government's venue, and it wastes it on things like abortion. Not to mention the fact that half of America doesn't even pay taxes. So what the f*uck is "the fair share??"
For example, why should Bill Gates have to pay more because he is more successful? He started a computer program--and many people choose to use it. He chose to do something with his life. Don't blame your failure on the successful. And don't challenge the rich when it's YOU that has a hand in putting them there.
One more thing--I'm not rich. And I still think the way I do. I'm just not spoiled like everybody who answered "no" to this question.
A flat tax would be fair by any definition of the word that I know of. if you are asking 10% of the population to carry 70% of the tax burden, it is far from fair to any reasonable person.
Maybe you should define "fair share", then ask your question again.....
The rich don't pay what they can afford or their fair share. Trickle-down economics has failed, their are loopholes that the rich work their way round. Take Romney, for example, paying less than 14% in the year he released on millions of dollars of income. It's insane and needs to stop; raising taxes on the rich is the best way to reduce the deficit without affecting the majority of Americans.
Of course the rich don't pay their fair share of taxes. Between all the loopholes they can go through, and just simply not being taxed enough, they get off easy. It's the rest of us who suffer for that, especially the middle class. The rich get richer, the poor get poorer. A change is needed!
Since George W. Bush took office, the rich have not paid their fair share of taxes. Since the rich created the problems associated with the recession, they should help pay for cleaning up the mess. Tax the rich a higher rate and close tax deduction loopholes to help rebuild the middle class that was ruined by the recession.
Richer people like the top 1% maintain 65% of America's income in one year. 1% is close to only 15,000 people. Those 1%ers have billions of dollars that do not circulate. When that much money does not circulate and only stores in a bank somewhere it usually causes economic problems because money is going in and not coming back out. The only way to get more of that money circulating is to raise tax rates on the rich.