Thread: 2 farmers
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Charles Momsen Charles Momsen is offline
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First recorded activity by BoatBanter: Sep 2008
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Default 2 farmers


"jeff" wrote in message
...
Dave wrote:
On Thu, 23 Oct 2008 12:49:13 -0400, jeff said:

the wealthy farmer pays LESS in taxes than the other (who would actually
pay the highest rate of anyone), as a percentage of income. This is
after we put in the SS taxes and the average local taxes.


So, Jeff, ya think the second guy's social security taxes are too high,
and
that his local sales and property taxes are too high? Maybe those should
be
cut, no? Oh, you say you can't do that because SS is already in trouble,
and the
teachers' union isn't getting enough? So the solution is instead to tax
the
farmer that works hard and hand the money over to the one who doesn't?


So are you claiming that rich people should pay LESS than the average
people? Are you saying its fair that the rich farmer gets a tax cut more
than ten times larger than the other, ever though he only makes 5 times
more?

As for property taxes, remember that the very wealthy pay much less than
the middle class. Sales taxes are even worse, where the rich pay only
about a quarter of what the middle class pays, as a percentage of income.
The rich do pay more in local income taxes, but overall, local taxes tend
to be very regressive, with the poorest paying double what the richest
pay.


I don't think it's fair that the rich get to pay the same price for a loaf
of bread as I do.