Republicans couldn't pass a budget deal. But, now they are ready to raise taxes on the poorest people.
They also continue to spout the lie that 50% pay no taxes. The fact is that the poorest working people pay more then the richest because all of their income goes to consumables. If you drive a car then you pay tax. If you get a paycheck then you are paying taxes. If you buy food then you pay tax.
So, the reality is that if a guy is only making say 15k then he has to spend all of that and nearly everything has some tax on it. The guy making 200k is able to save most of his check and doesn't spend as much on taxed consumables.
There are other arguments against taxing the poor. First, the poor can only make enough to get by now and so if you tax them then they will just need more money to survive: so you only increase inflation.
I think we need to tax the ultra rich the most -- not the poor and not the guy making 200k. Buffet wants to be taxed and really he's right he's so rich that it isn't going to change anything. Tax the ultra rich. They have the most wealth and the most say-so in the government. Let them pay all the taxes. Why not?
http://www.slate.com/id/2302131
They also continue to spout the lie that 50% pay no taxes. The fact is that the poorest working people pay more then the richest because all of their income goes to consumables. If you drive a car then you pay tax. If you get a paycheck then you are paying taxes. If you buy food then you pay tax.
So, the reality is that if a guy is only making say 15k then he has to spend all of that and nearly everything has some tax on it. The guy making 200k is able to save most of his check and doesn't spend as much on taxed consumables.
There are other arguments against taxing the poor. First, the poor can only make enough to get by now and so if you tax them then they will just need more money to survive: so you only increase inflation.
I think we need to tax the ultra rich the most -- not the poor and not the guy making 200k. Buffet wants to be taxed and really he's right he's so rich that it isn't going to change anything. Tax the ultra rich. They have the most wealth and the most say-so in the government. Let them pay all the taxes. Why not?
http://www.slate.com/id/2302131