“It is wrong that in the United States of America a teacher or a nurse or a construction worker who earns $50,000 should pay higher tax rates than somebody pulling in $50 million.
Anybody who says we can’t change the tax code to correct that, anyone who has signed some pledge to protect every single tax loophole so long as they live, they should be called out.” —-President Obama (9/19/11)
I make about 24k a year gross income. I pay about 3-4k a year in taxes. That isn’t all that bad in all honesty.
It’s people like my Dad- though I love him dear, that protest violently all changes to the tax laws.
He made 250k a year for about half a decade. He only paid an average of 12-17k a year in taxes due to his write offs.
He has bitched about taxes my entire life- he is now 76. I don’t argue with him as I worry about his bloodpressure now, but for the rest of these sheep that lobby to put caps on taxes and fight any tax reform to make the percentages unilateral, I have no sympathy or patience.California did that for schools and we went from the top 10 in the nation to LAST FUCKING PLACE. Different rant- I’ll save that one. Continuing on now.
Wall street and the 1 percent want to make sure the laws stay the same.
Except for the 1% of the 1% like Warren Buffet, Steve Jobs, Bill Gates, some of the Johnsons, who are in the other corner, lobbying for a flat percentage to be applied to everyone.
Everyone rushes to point to the poor people at the bottom who would be DIZOMIGOD taxed to DEATH!
Er. Hello. As someone with multiple friends that have been well below poverty lines their entire lives, they already are. A flat 10% would be LESSENING their tax burden. Sorry.
My tax percentages fluctuate a bit- due to sometimes working in a higher tax bracket due to night shifts, and sometimes in the overtime shifts, an even higher tax bracket. But it averages at about 17%.
10% for me would be 2.4k. That’s a HUGE tax break!
For a family making 80k with two jobs (a second job doubles your taxes on the second job most of the time, making it nearly insane to take a second job unless you do mad amounts of work there) 10% is only 8k instead of 10-12k.
For a family making 250k, taxes are 25k. Suddenly people are sitting sharply at attention and getting angry for logical reasons.
For anyone making 1,000,000 a year(These are the top 1-2%), taxes are 100k. And the shit starts flying and scheming and rabble rousing commences.
For those making the fuss against ANY tax reform, grow a brain.
Things need to change. An equal tax for every person is the best way to make everyone shut the hell up. Close loopholes. ALL loop-holes. Do whatever it takes to make it a flat 10% for the nation- and our tax issues will be a hell of a lot less of a hassle.
It will also put a LOT of accountants out of business- but there you go.
Making taxes easy and fair for laymen is as abhorrent to the 1% as actually paying taxes.