What is a "rich" person fair share? | TigerDroppings.com
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WillsTigers
LSU Fan
New iberia
Member since Sep 2009
162 posts

What is a "rich" person fair share?

I am not rich but between me and my wife we both make about 70,000 a year! We pay taxes every year not a whole lot but we still owe! The rich already pay most of the taxes so the unemployed and lazy people can live! What exactly is their fair share! People who pay no taxes and get government benefits should not have a say so in the game! Again I ask what is their fair share?


C
LSU Fan
The Woodlands, TX
Member since Dec 2007
22722 posts
Online

re: What is a "rich" person fair share?
More.


HailHailtoMichigan!
Michigan Fan
Coto de Caza, CA
Member since Mar 2012
17320 posts
Online

re: What is a "rich" person fair share?
Whatever they want it to be.


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WillsTigers
LSU Fan
New iberia
Member since Sep 2009
162 posts

re: What is a "rich" person fair share?
Class warfare! Jealousy is one of the seven deadly sins! I would love to be rich who wouldn't ! But I don't want their money they earned it not me! Too many people want shot for free I feel sorry for America!


lsuprof
LSU Fan
Baton Rouge, Louisiana
Member since Dec 2008
381 posts

re: What is a "rich" person fair share?
According to data from the Congressional Budget Office (CBO), the highest 5% of earners earn 26% of all income and pay 40% of all federal taxes and 64% of federal income taxes. The highest 10% of earners earn 36% of all income and pay 52% of all federal taxes and 78% of federal income taxes.

On the other side, the bottom 40% of earners earn 15% of income and pay 4% of all federal taxes and -10% of federal income taxes. (The minus means that they receive payments back from the federal government at tax time, presumably through programs such as the Earned Income Tax Credit.)

Obviously, what is a "fair" share will depend on how one defines "fair."


kywildcatfanone
Kentucky Fan
Wildcat Country!
Member since Oct 2012
22528 posts

re: What is a "rich" person fair share?
The way Obama is playing the fiscal cliff issue, it's 100%.


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LSU Piston
USA Fan
Baton Rouge, LA
Member since Feb 2008
3361 posts

re: What is a "rich" person fair share?
quote:

What is a "rich" person fair share?


The first time I have seen this topic on this board.


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theunknownknight
LSU Fan
Baton Rouge
Member since Sep 2005
29514 posts

re: What is a "rich" person fair share?
!!!!!!!!!!!!!!!!


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TheOcean
Florida State Fan
Member since Aug 2004
31399 posts

re: What is a "rich" person fair share?
Somewhere between 70-80% is pretty fair


Willie Stroker
LSU Fan
Houston...ish
Member since Sep 2008
4560 posts

re: What is a "rich" person fair share?


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blueboy
LSU Fan
between here and there
Member since Apr 2006
17986 posts

re: What is a "rich" person fair share?


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moneyg
LSU Fan
Member since Jun 2006
21069 posts

re: What is a "rich" person fair share?
quote:

Somewhere between 70-80% is pretty fair



You can tell which posters are capable of outperforming the masses, and which posters are not.


TheOcean
Florida State Fan
Member since Aug 2004
31399 posts

re: What is a "rich" person fair share?
Sarcasm detector not working?


moneyg
LSU Fan
Member since Jun 2006
21069 posts

re: What is a "rich" person fair share?
quote:

Sarcasm detector not working?



I guess not. Your post seemed pretty consistent with your previous opinions on here from what I remember.


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Tom288
Florida Fan
Member since Apr 2009
18337 posts

re: What is a "rich" person fair share?
The rich should be taxed until they're as rich as me, so all's fair. Derp.



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Iona Fan Man
Iona Fan
Member since Jan 2006
27462 posts

re: What is a "rich" person fair share?
Why does this generation of wealthy have lower tax rates that previous generations?

What have the wealthy done the past 10+ years to hold up their end of lowering taxes to stimulate the economy?

I mean isn't that the argument? Lower taxes on the rich boosts the economy?....okay...
Taxes have been lower....where's the boost?.....or are taxes not low enough for the boost...we have to "trust" that a Lil bit more tax breaks to the rich....and everything will be great


Iona Fan Man
Iona Fan
Member since Jan 2006
27462 posts

re: What is a "rich" person fair share?
Wiili

do you have children?
Do you have a mortgage?

Are you a net positive tax contributor?


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ZTiger87
LSU Fan
Member since Nov 2009
11442 posts

re: What is a "rich" person fair share?
quote:

Somewhere between 70-80% is pretty fair



More like 85%.


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JohnnyKilroy
New Orleans Pelicans Fan
Member since Oct 2012
8698 posts

re: What is a "rich" person fair share?
quote:

What have the wealthy done the past 10+ years to hold up their end of lowering taxes to stimulate the economy?



Democrats bitched for like a week when they found out that Romney installed a car elevator in his house.



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PsychTiger
LSU Fan
Augusta
Member since Jul 2004
26683 posts

re: What is a "rich" person fair share?
quote:

Too many people want shot for free


Bullets cost money.


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