"Walt" wrote in message
...
DSK wrote:


Dave wrote:

So, Jon, to be a "fair share," what percentage of total income taxes
should
be paid by:

The top 5% in income earners?

5% of total income earned in the nation

The top 10% in income earners?

10% of total income earned in the nation

The top 50% in income earners?

50% of total income earned in the nation

Actually, the tax should be slightly skewed progressively (ie the top
earners pay more) because they gain more from the system. That's the way
the system is now, except that the max skew occurs in the people in the
50 - 75% brackets... about 5% skewed as I recall.


The problem lies in that the tax rate changes depening on how you make the
money. If you *earn* it by *working* it's taxed at a higher rate than if
you obtain it without working. That's my main beef with the tax system.

A guy who busts his ass working as a plumber or a ditch digger pays a
higher rate than a guy who makes much more flipping condos or bonds. And
the guy who makes money flipping condos in turn pays a higher rate than
the lucky offspring of the well to do who "earn" their fortune simply by
virtue of outliving their parents.

Plus, workers whose salary is more than $90k don't pay FICA on the amount
over that. If you make money via dividends or capital gains, no FICA is
due at all.



//Walt



Workers take little risk. Workers are paid before the stockholders, they get
fringe benefits untaxed and have many laws protecting them. Their pay is
gauranteed.

Stockholders and investors are not gauranteed anything. They have to use
saved money to invest. They don't get freebies such as health insurance,
retirement, and tax free money accounts.

People who make over 90K tend to work lots of overtime.

It's ridiculous to tax income. Everyone should pay the same fee to the
government every year. If everyone over 18 paid something like $3,000
regardless of income it would be the most equitable. I don't see how when
one earns more money they consume more government services. The federal
government has grown much too large and way out of the scope of the original
intent of the framers of our beloved Constitution.

If there were to be a progressive income tax then people and corporations
should get one vote for every dollar in income tax they pay.