I Am Sick Of Tax Breaks For Corporations And The Top 1 Percent

@Subsumedpat

I think I pay my taxes. Lol
No worries there. I think when it comes to Taxes, most people that have a normal job really do pay their taxes in this country. It's pretty hard to avoid honestly. You can set up financial schemes that park your money in financial paradises, but that costs money to do so... and most people having a normal wage (between 3000-1100 netto in the month) ... really don't have the time nor the resources to do that kind of stuff.

If those that avoid taxes like the plague, start by paying the normal % everyone else pays... we can talk about how this influences the balance sheets. After that, we can talk about if things need to be toned up or toned down? Right?

I know I pay about 10% of my wages in federal taxes and pay other taxes to the state and local mostly in the form of sales taxes but also a small income tax.

I know rich high income people pay income taxes, payroll taxes in come cases, corporate taxes in some cases as well as excise and a few other special taxes.

I think you would be hard pressed to find rich people who pay a lower percentage on their income than I do. I am sure there might be loopholes that should be tightened but I am not buying that the rich don't pay taxes. They pay more in dollar amounts and pay more in percentage than I do so it is hard for me to say they are not paying their fair share what ever that is. I think if people were honest they would say people should pay more because they can not because they really owe more.

The U.S. tax system as a whole is progressive. The top 0.1% of families pay the equivalent of 39.2% and the bottom 20% have negative tax rates (that is, they get more money back from the government in the form of refundable tax credits than they pay in taxes).

We let our government get too big which meant it got too expensive and now we are struggling arguing about who we should take the money away from to pay for our bad decisions of the past as we still make those same decisions going forward.

It is probably not that much different in Europe either but I can't speak to that.

Well, the political part is another debate right? The good and bad descisions are stuff that we actually have a system for. Like in the voting booth or applying pressure as a sort midfield organisation.

But I'm glad we agreed on just applying the system to everyone first
... then look at how the finances are.
Then adapt and discuss changes (explain it to your people ask for support)