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The Shocking Truth About ‘Tax Fairness’

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Posted By: RockyTCB, 4/15/2024 8:25:12 AM

After spending decades peddling the fiction that the rich don’t pay their fair share of taxes, Democrats have convinced 60% of adults that it’s true, according to the latest I&I/TIPP poll. That includes half of Republicans and nearly two-thirds of independents. But just because most people believe something doesn’t make it true. And in this case, it is wildly and demonstrably false. As our I&I/TIPP poll report today shows, the richest 1% of Americans now pay 45% of all federal income taxes collected, “the highest levels of taxes as a share of the total in history.” The bottom 75% of income earners, in stark contrast,

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Reply 1 - Posted by: franq 4/15/2024 8:33:40 AM (No. 1699672)
Don't forget property taxes, which are uncontrollable also. Ours jumped almost 30% a couple years ago.
8 people like this.

Reply 2 - Posted by: Strike3 4/15/2024 8:35:58 AM (No. 1699673)
Mathematically-challenged people do not understand the concept of percentages versus dollar amounts. As tax brackets rise, so does the percentage of tax that one pays. The poor do not have the tax shelters that the rich employ to reduce their tax burden and often end up paying a smaller percentage of their income but actual tax dollar amounts may be in the range of zero to hundreds of thousands. It does not help that the democrats use the tool of propaganda to convince the poor that they are getting a raw deal so they should vote democrat but ergo, the democrats then spend more money and raise taxes after the election. The poor do not catch on so they remain poor.
9 people like this.

Reply 3 - Posted by: MickTurn 4/15/2024 9:22:31 AM (No. 1699695)
A LIE makes it around the world before the TRUTH gets his shoes on.
2 people like this.

Reply 4 - Posted by: stablemoney 4/15/2024 10:03:22 AM (No. 1699722)
The middle class and the well off pay all the taxes that are paid. Others receive more benefits than they pay, net minus. Everyone pays the inflation tax --- but most of them are so ignorant they don't get it.
7 people like this.

Reply 5 - Posted by: DVC 4/15/2024 10:45:11 AM (No. 1699745)
The fact is that 40% of the country is a bunch of freeloaders. I'm probably in the top 5% or more of taxpayers, and my level of taxpayers and those paying more than me CARRY all these freeloaders.
6 people like this.

Reply 6 - Posted by: paral04 4/15/2024 10:54:58 AM (No. 1699754)
The 1% hire a lot of people who might have been on the Food Stamp, and free housing offerings of the country. Their kids are off the streets and probably doing something useful. My concern is that the Middle Class is being screwed.
6 people like this.

Reply 7 - Posted by: smokincol 4/15/2024 11:35:44 AM (No. 1699776)
there is no "fairness" when it comes to taxing the citizens of this country but the demcommies have made it their party commitment to levy so much taxation on the American citizens that our Founders must be absolutely spinning in their graves seeing the way our country has been made a duchy of the most criminal, treasonous party to ever accede to the highest level of government in our history
1 person likes this.

Reply 8 - Posted by: DVC 4/15/2024 11:44:36 AM (No. 1699780)
Tax fairness would be if EVERY person was taxed 5% on EVERY penny they made. ALL income, regardless of the source. Welfare....5%, SS...5%, wages, even minimum wage.....5%. Hard MINIMUM, that every single person must pay. THAT would be a tiny whiff of tax fairness. And no "tax credits" for folks who didn't pay any income tax in the first place. The whole "earned income tax credit" is just welfare handed out via the IRS. Too damned much welfare, seems like 1/3 or more of the country is on various forms of government handouts. And this will get me yelled at......Social Security is NOT 'insurance'. You got back 100% of what you paid in in the first three or four years in most cases, and after that......just another government handout, sad to say. SS has always been a scam, a terrible idea. Chile's system is 100 times better than our sad disaster created by Franklin "Innumerate" Roosevelt.
1 person likes this.

Reply 9 - Posted by: chumley 4/15/2024 11:52:10 AM (No. 1699783)
The only "fairness" involved with taxation would be if it was entirely voluntary. What is a fair share of what someone else earned and was stolen from them by force? Why are people not subject to taxes even allowed to vote on them?
3 people like this.

Reply 10 - Posted by: franq 4/15/2024 1:15:34 PM (No. 1699815)
Sorry, #8, my financial advisor (3rd grade math teacher who taught me to multiply and divide) says it will take me 10+ years to recoup my lifetime SS contributions. That's if the fund is still solvent.
3 people like this.

Reply 11 - Posted by: mifla 4/16/2024 7:16:14 AM (No. 1700231)
The problem is not who is paying, the problem is the out of control spending.
0 people like this.

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