re: In your opinion, should rich people pay more in income taxes?

I personally like the idea of a consumption based tax like the fair tax

Perhaps supplement that with a modest short term cap gains tax and eliminate the traditional income tax and long term cap gains tax all together.

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No, a flat 10% across the board,no deductions.

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How are you going to fund the government?

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If we are going to rely on only 3-5% to pay for almost all of the funding, shouldn't that small minority have a bigger voice and influence than the other 95% that don't contribute ihst?

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You're suggesting the wealthy don't have a big enough voice or enough influence on our government and economy?

You can't be seirous.

I don’t think lottery and gambling winnings should even be taxed.

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You're suggesting the wealthy don't have a big enough voice or enough influence on our government and economy?

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They get one vote just like the rest of us. How many companies have a share holder that puts up 70% of the money with an equal vote of all the other shareholders that put up 0.01% of the capital?

To put a cherry on top... if "the rich" who are paying the taxes are controlling where it goes... they are doing it COMPLETELY wrong.

Flat tax. You are taxed based on consumption. That way everyone has skin in the game, I don't have to file anything, and I can stop seeing those ghetto commercials about tax return payouts at tax time.

Flat tax. Everybody pays 10%. No exceptions.

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They get one vote just like the rest of us.

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You're not this dumb. Nobody is.

What's the point you're trying to make with Transfer Payments Chart?

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The top 1 percent of taxpayers pay more income taxes than the bottom 90 percent combined. Isn't that enough?

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Don't know. That's not enough information.

How much does the top 1% own of national income and national wealth?

What percentage of total taxes does the 1% pay?

We could answer your question if we had that info.

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Flat tax. Everybody pays 10%. No exceptions.

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This cannot possibly work. Total AGI for all US tax payers is about $10.9 trillion. 10% would be about $1 Trillion.

* Compare that $1T to current taxes. 2019 taxes were $3.46 trillion. Almost 3-1/2 times that amount and we still ran almost $1 Trillion in deficit.

* $1 Trillion *interest* on the debt will be north of $500B this year.

SO for this this to work, you'd have to cut the federal budget to a quarter of it's current size... or the rate would need to be something on the order of 40% on every penny earned.

People simply do not realize how much "the rich" are paying. Our government simply cannot survive without them at this point.

The "rest of us" cannot afford our government.