How do you feel about tax cuts for the wealthy?
100037
Fine, if you let us marry into the family...
756031
I am dreading the coming few years. I was trying to save to finally purchase a home instead fo keeping on renting, but I will be in a crazy tax bracket this coming year and having the dems will most likely kill that dream for a few more years.
62625
They welcome them for the most part.\n\nAdvantages, a few already wealthy people get richer.\n\nDisadvantages, U.S. jobs are lost while immigration is on the rise, more polution, poorer U.S. population, peoples lives rouined and forced to work in inhumane conditions, global poverty, exploited 3rd world countries for pennies, they control our government and part of military, our tax dollars go to their funding and not the right places,loss of safty nets ie. welfare medicare medicade schools hospitals and to top it all off the officals we elect are responceable for it because they do favors for them for funding their campaines.\n\nthe government welcomes them because they fund their campaines.  Educated people worry because they are aware of the race to the bottom theory and all the hell it is bringing.
671212
I do not like the current system that penalizes those who work harder and earn more.\n\nI am a proponent of the Flat Tax, where everyone who earns more than $20,000.00 per year gets taxed at exactly the same percentage rate. No loopholes. Keep the tax system simple. Reduce the size of the IRS, because a more simple tax system means there is not as much of a need for a huge government agency/beauracracy to oversee it.
579092
I don't understand all the hype about tax cuts. And why democrats are so opposed to big businesses. Before you go calling me names, let me ask you a question. Who hires people? (Big busines). Who gives insurance benefits to employees and families? (Big business). Who has 401Ks for retirement? (Big businesses). So if they are hiring Americans, providing them with health insurance and retirement options, what is so freaking wrong with giving them a freaking tax break so that they can hire even more Americans? But no, the democrats want none of that. They want the jobs in Mexico and China and the American people unemployed with no health or retirement so that they can whine about tax breaks for the rich. \n\nThe SACRIFICE Bush is asking for touches everyone! Rich or poor, we are Americans. The rich are subjected to phone tapping. The rich have sons and daughters fighting in Iran and Afghanistan. The rich felt the pain of 9/11. And by the way, show me one single poor democrat in the senate or in congress. They are all millionaires.
624943
Conservatives have that as a platform, if you just read between the lines. Like Bush's " tax cuts across the board" is translated into tax cuts for the very rich. So they are the party of cooperate welfare and take more bribes then anyone.
75055
Without getting into politics too much, this is a myth typically propogated by the liberal left. The following are the actual federal tax rates taken from the IRS site; you'll note that the wealthier pay MORE taxes. State tax rates are similar in this regard.\n\n\nTaxable Income    Tax Rate\n$0 - 7300         10%\n7,300 - 29,700    $730 + 15% of amount over $7300\n29,700 - 71,950   4,090.00 + 25% of amt over $29,700\n71,950 - 150,150  14,652.50 + 28%  of amt over $71,950\n150,150- 326,450  36,548.50 + 33%  of amt over $150,150\n326,450 +         94,727.50 + 35% of amt over $326,450\n\nIf the tax rates were the same, say 10% as an example, for both the wealthy and poor. The wealthy would still pay more (10% of $0 income = $0 in taxes paid, 10% of $1M income = $100K taxes paid).  \n\nThe graduated tax structure we use shifts even more of the taxes to the wealthy - this makes sense considering they have more disposable income.\n\nAccording to a CBO report (released in 2005), the wealthiest 20% paid 83% of the individuals income tax and corporate income taxes. There are many on the left that would like to increase this to 100% for political reasons. This approach may alienate the top 20% but would benefit the remaining 80% of the taxpayers.  A margin like that would be wonderful if you were trying to solicit support in an election. \n\nHowever, the wealthy don't simply hide money under a mattress. Even if they buy a yacht, there are many, many laborers and suppliers involved in the process. It creates jobs and they further invest in other companies. And those folks spend the money to further stimulate the economy. This is why the trickle-down effect has been effective in boosting the economy after the tax-cuts of the Bush administration. Note that even after the tax cuts, the wealthy still pay a higher percentage.\n\nIn Russia, where tax rates were astronomical, a lot of people cheated on taxes and it was found to be a demotivator. Why should those with the ability and resources work hard if the government was going to confiscate most of the fruits of their labor. (Besides, do you really want the federal government spending all of your cash? I bet you could put it to better use) However, when the tax rates were more moderate, more people actually filed taxes and productivity increased. The taxes gained went up significantly.\n\nOne item of note is that many of the wealthy do hide otherwise-taxable income in tax shelters and deductions. A Fair Tax (national sales tax) has been proposed that would be more fair for all involved and cut the administrative resources required to manage taxation. Everyone would pay the same tax rate. Those that have more disposable income would end up paying more in the end. A credit would be issued back to all registered taxpayers in an amount equal to the amount of taxes that would be paid on poverty income. In this scenario, those that avoid filing income taxes would still end up paying since it would be collected at the time of purchase. Studies have shown this approach would actually lower the cost of items purchased by the amount of the new taxes.\n\nA bit of a long way to get here, but lowering taxes of wealthy still has them paying 83% of corporate/individual income tax, results in more people actually filing correctly, and leads to economic growth through consumption and investment.
772681
To get rid of the tax cuts for the rich? yes\nbut not going to get rid of any other tax cuts or credits. Although they will get us out of the war and fund more social programs to help the middle class with the rising cost of living these days.
1121913
Thank goodness this proposition didn't pass.  Taxing the wealthy (an individual earning $400,000 anually or $800,000 for a couple) to fund preschool is a lame idea.  Why would you penalize those people with money for the benefit of society?  If everyone were to actually benefit from this proposition, then everyone should pitch in -- especially the parents of those pre-school kids!
748889
They rather see tax cuts for billionaires.  Self-loath dumbasses are like that though
996618
Being wealthy is not evil. \nI don't understand the jealousy liberals have toward wealthy people that makes them think anyone who has succeeded in life should have it taken away by the government so that it can be given to those who have not succeeded. \n Sure, if you make good decisions and work hard and have alot of money you should give to charities and help others as much as possible, but that's a personal decision. The government should not force you to do it .
328718
All of your question was mindless dribble, none of what you claim is true. With some education in learning the facts you could have some hope. Redistribution of wealth is easy to check, you must be one of the tax payers earning over $400,000 a year and it was you who got the tax cut at the expense of the working class who have seen higher taxes. Look up the last Minimum wage increase and fine the facts, you will find there is no evidence to support your claim that it adds to higher prices. BTw, when I go all over the country I stay at the Hilton. I also play golf with Republicans every week at the Country club. I am a brick layer, now teach me about the real work you do in life.
374616
I'll assume that by wealthy, you mean people earning above $95,000 and are therefore on the top tax rate of 47%. Therefore, everytime you give them a tax break (such as a deduction for donations), they will save $47 in tax for every $100. For the normal person who is on the 30% bracket, they will only save $30 in tax for every $100 they donate. Tax breaks for the wealthy tend to more beneficial because they are already paying a high amount of tax. Tax breaks for the normal person don't look so impressive, because they pay a lower rate.\n\nIt may be because these 'normal' tax breaks are so unimpressive that the government of the day knows that people don't care on election day about the 'sandwich and a milkshake' tax break.
31289
Having known people who are rich and some who are not so rich, I don't find the average rich person to be any sadder than the average poor person. Maybe even slightly happier as they don't have to worry every day  how they are going to feed their kids or pay the doctor bills. \n\nI find that the perception that rich people are sad to be largely in the wishful minds of those who covet their wealth.\n\nBy the way, why is this question in the Math section? Are you trolling?
757115
No, the taxes for the rich, at least, go down, and that's why we have a huge deficit.
237377
The very wealthy should feel it a privilege of being wealthy to pay more in taxes, no matter how hard that you work for it. I worked a lot harder as a truck driver then Bill Gates (only using him as an example, because he does give back to the community, he is a good man) ever did. physical hard labor, Drive 10 hours to get to a place so that I could unload the truck for another 4 hours. I was glad to pay taxes because it meant two things, 1) I was making money. 2) I was contributing to the good of all by paying my taxes.  My question would be after how many millions does a person not need any more. I can live out the rest of my life retired on about $100.000 or less. I feel no need for greed. Why do you?
885887
Capitalists would probably say yes, but with an unrestrained free market and no mechanism for wealth redistribution the rich tend to get richer and the poor get poorer.  It takes money to make money.