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I'm afraid that you may not get the answer that you want with this question. The top 5% of earners in the United States pay over 95% of the taxes. The U.S. has a progressive tax rate system meaning that the more income you earn the higher your tax rate on your earnings will be and therefore, the more taxes you will pay. It all depends on what you call poor people but basically poor people pay no taxes in the United States as far as income tax goes. Our system is set up to redistribute wealth which means we tax higher earners and distribute the money to the lower income earners in the form of money and services.
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Should rich people pay more taxes?
yes rich people should pay more taxes because the middle class pays taxes to support the poor people there for the rich should help pay
Who are required to pay taxes?
Everyone is required to pay taxes it's just that some people pay more depending on what the stupid government thinks is right. Rich people pay least taxes middle class pays average and poor/lower class pay a lot.
Should only rich people pay taxes?
no everyone shou8ld ...........................................................****
Is an Excise Tax a regressive tax or progressive tax?
Excise taxes are regressive taxes. Say a rich person and a poor person buy the same amount of cigarettes and pay the same cost (the excise tax does not change with income level). The tax assesed on the cigarettes represents a larger percentage of the poor person's income than the rich person's income, hence a regressive tax model.
Why taxing the rich does not work?
This country does have a system which taxes the rich more than the poor. Such a system can NEVER be fair since it all depends on who you ask. Amazingly to me in our current system where a very significant portion of the population pays no income tax, this same group most likely believes that the "rich" should pay even more.Now that virtually half the population pays no income taxes, they represent a voting block which can impose higher and higher taxes on the half of the country that does pay taxes. The so-called "rich" in the upper income levels which represent a insignificant percentage of voters can be out-voted on rasing their taxes. The "poor" who pay no taxes do not care how high taxes become for the rich.Eventually however when the tax level achieves a level that the "rich" either really feel is unfair and removes the incentive to earn, the rich will decrease their consumption, fire employess from businesses, and move operations to a foreign country.Personally speaking as someone who in the current tax system is "rich," I have significantly reduced my taxable income by saving more for retirement, reducing my consumption, and simply deciding to reduce how much I work and earn. I feel angry that the government thinks that it is fair to impose higher and higher taxes on the income that I have earned through years and years of hard labor and education. Anyone could have done what I have done if they would have chosen to work and study as hard. The government is removing the incentive for people to work hard and make more money. Eventually (like now) this trend will come back to bite the government and the country.
Should rich people pay more taxes?
yes rich people should pay more taxes because the middle class pays taxes to support the poor people there for the rich should help pay
What were the causes of the french revolutin?
The causes of the french revolution is because of the rich and poor. The rich (nobles and kings) do not have to pay taxes. The poor (farmers and peasants) have to pay heavy taxes when they make so little. They got angry and then attack.
Why don't some rich people pay their taxes?
Some times the government think only the poor should pay taxes; it depends in different part of the world.
What is the difference between rich and poor people in colonial Delaware?
The answer is quiet simple if you think about it in the colonial times,there were slaves and taxes and jobs that needed to be payed or finished.the rich had enough money to pay for the taxes while the poor could not.the rich had slaves do the chores around the house,in the fields.The poor has to do everything all by themselves.The answer is quiet simple if you think about it in the colonial times,there were slaves and taxes and jobs that needed to be payed or finished.the rich had enough money to pay for the taxes while the poor could not.the rich had slaves do the chores around the house,in the fields.The poor has to do everything all by themselves.
Is mitt romney going to make poor people pay more on their taxes and the rich pay less if he gets electied for president?
YES!
Did you have to pay taxes to be a citizen of athens?
Citizen of Athens had to pay taxes with the rich not having to pay taxes. The rich did have to pay for thing that the tax money didn't cover.
Who are required to pay taxes?
Everyone is required to pay taxes it's just that some people pay more depending on what the stupid government thinks is right. Rich people pay least taxes middle class pays average and poor/lower class pay a lot.
Does a noble woman in the medieval times have to pay taxes?
Her husband did. Women didn't have any rights or property rich or poor.
What did the populists party argue for?
They wanted the rich / upper class man to pay more taxes.
Do working seniors over 65 have to pay FICA?
A seniors paying taxes should not have to pay while the rich get richer and pay fewer taxes. The rich individuals should pay more taxes because they could afford it.
Did Robin Hood inspire others as leaders?
yes he was because he stole the money from the rich and gave it to the poor so they can pay for the taxes and buy food.
Why do Republicans defend the Rich and attack the poor?
There are many answers. 1. The rich can take reaction, the poor are helpless. 2. The rich can pay you, but the poor don't have money. 3. Most of the rich are well known so a big issue could take place if you tried to attack them. 4. The rich have guards, the poor don't. 5. The rich have weapons, the poor don't.
