Why does President Obama think that the rich?
should have to give a little more just because they have more money? How is that fair? If I was rich, I would not want to give more and more. All it does is goes to fuel the irresponsible spending down there on Captiol Hill anyway. Why bother? Once they raise your taxes, they're never going to cut them again. They'll just find other ways to spend the money to get a reason to keep taxing you. It is not fair. The rich already pay their fair share in taxes anyway. They may pay a fewer number of taxes, but they certainly pay a larger amount. I'm not saying give them cuts, but I think it's unfair to make them pay more. I mean is this just the typical liberal mindset though? Steal from the rich? I wonder if Obama grew up on the poor or rich side of Chicago. Oh yeah that's right, he grew up in Indonesia where they hated America and wealth.
Politics - 14 Answers
Random Answers, Critics, Comments, Opinions :
1 :
America has a progressive tax because THE COUNTRY believes that the more you have, the more you can pay. It's not an Obama issue, it's an American issue.
2 :
Obama? Reagan had higher taxes than anything Obama is proposing. The rich pay the lowest in taxes than they have in 60 years. They don't pay their fair share. Not even close. Teachers don't have sh!t and you have no problem taking anything away from them. You tell them they have to sacrifice, but those who can afford it don't have to? WTF? By the way, it's not stealing. Its the cost you pay for being able to make a fortune in this country. It's what you pay when your proud of your country, thankful for being able to make it here, and want to give back to the country that made it possible.
3 :
The rich already pay a LOT MORE in taxes. NOT fair.
4 :
Because while our country was running up this big debt, rich people were the only ones who actually got richer. Why should the middle class and poor people have to pay for something they saw no benefit from? Who are the real moochers in America? Are you trying to say that rich people are the only Americans who deserved to get richer over the last 30 years?
5 :
Tax the rich !!! What better mantra for any politician than to preach to 95% of the voting base?
6 :
No he feels that people who have benefited greatly from the American dream should pay it forward.
7 :
Yes, those poor billionaires. Maybe we should have a telethon for them.
8 :
At what expense did they become rich? A lot of wealth from old America came at the expense of slaves and poor people working themselves to death.
9 :
Who said we have the rich being taxed higher than the rest of the world. Ever wonder why millionaires from Britain sometimes come to reside here in the states? Ever really thought about how the "trickle-down" policy of supposedly letting the rich receive less tax debits than the middle-class helps them stimulate the economy. Funny how, we are actually paying less taxes during this Administration than the individuals were in teh 70's. If I earned 5 million, I would think it is fair to get taxed the same as a middle class, or a percentage higher. I find it a patriotic act. Funny how you haven't seen all the tax deductions they get from as little as donating clothes (and stating they paid a price for it, when in truth it was on sale, therefore getting higher tax returns for it), car purchases, vacations due to job, apr on cards, mortgages, etc... all of these items if entered in a long-form income tax return gets a credit to the millionaire that indicates that after all the debits, and credits, the rich pay quite a small amount of taxes. Bottom-line, while we the middle-class got laid off from corporations due to streamlining and automation. Lost all of our future net worth in the stock market. And lost ourselves along the way, the rich only have lost a fraction and can always recoup the funds. They have not done anything to help us in the current crises by creating jobs, or businesses. Have been spending a considerable amount in luxury goods, though out of "look" have stopped spending because they would look inconsiderate. Funny how highly we hold the rich in society, when many individuals have tried and struggled to make a living working 40 and 60 hours yet can not earn the same as one of those CEOs and yet you value them like scum.
10 :
If Obama took and confiscated evey rich persons accounts and money it would only run the Government for a few weeks .
11 :
He is trying to shift the focus of the debate back to taxing the rich, rather then doing what we the people said with the results of the November 2010 elections, which is STOP THE SPENDING! That Saul Alinsky rulebook is his bible and he is trying to use it to rouse the rabble. He thinks if he makes the loser mooches upset that the free ride is over, he can cause some dissent in the street and intimidate those of us who support a leaner DC (kinda like his buddies in Philasmellphia during the last election did). Won't work this time. If he does manage to steal even more, it is time for an 'Atlas Shrugged' movement. Let the moochers mooch off of each other for a change.
12 :
Rich people have lots more ways of hiding their income than you do. They qualify for many, many, more deductions than you or I, and as a result will ALWAYS pay less than you or I as a percent of their earnings. What i'm wondering is why you feel so sorry for them. The disparity between rich and poor has widened exponentially in the last ten years. Theyre doing allright.
13 :
Its not fair? Are you kidding me? The top 400 wealthiest americans have enough wealthto compensate for 150 americans. The wealth distribution is the most unequal since the Great Depression. Corporate tax receipts are down at 7%. When the taxes were higher, they were at 30%. When Clinton taxed the rich, revenue went up. People like George Soros, Bill Gates, and Warren Buffett are rich and they dont mind paying a higher tax. Not fair to rich people? Its not fair to have the tax burden to the middle class. As Warren Buffett said, "my secretary pays higher taxes than i do." What hes saying is that she has a lot less left over than he does after taxes. Not that she actually pays higher taxes, but its more of a burden for her than it is for him.
14 :
It is my firm belief that the politicians could tax the rich 95 percent and the rest of us 50 percent, and the politicians would still find a way to blow it all on some stupid program. We don't need to tax people more, we have to stop these politicians from blowing all of tax many for useless stupid programs.
