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#1
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Quote:
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Books serve to show a man that those original thoughts of his aren't very new at all. Abraham Lincoln |
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#2
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Capital gains screws everybody and if you dont realize that then we have a problem. Do the rich use it more, of course, they have more money in investments then the average person. But there is nothing like selling something (that you bought with after-tax dollars) and then getting taxed again. Absolutely asinine. Ofr course, I also don't believe the government should tax you on gambling winnings either. Dem repub, it doesnt matter, they are all crooked as can be. I have a question, and if you anyone doesnt ill be fine because its a personal question. Is anyone actually in the highest income bracket here? Because it sounds like a alot of the servants wanting more from the table(I'm from a middle income bracket)
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#3
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nationwide, no we're not in the highest bracket. but for this state, i was surprised to learn that my husband and i are in the top 2%. of course this is arkansas, so that doesn't say the same as if you were the top 2% in new york, cali and the like.
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Books serve to show a man that those original thoughts of his aren't very new at all. Abraham Lincoln |
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#4
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That at least gives you somewhat of a voice then. It's human nature to want someone else to pay more, it becomes a great deal harder when your in the highest bracket to say raise my taxes.
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#5
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some advocate everyone paying the same % of taxes. but others think those who have more, should pay more. but obviously, if you pay more, your % paid would be more.
also, as for capital gains, some feel if you tax them, you hinder re-investment. that it also keeps the rich from getting into business, and as they say, no poor folks hire people, start a business, etc. no easy answers here folks. you can't argue with results, and tax revenues have risen. arkansas is looking at close to $1 billion in excess revenue. that's a huge amount of money, and in a state that taxes at a high rate. we have state income tax, property tax, personal property tax, and a sales tax that even taxes groceries and medicine! some are advocating completely eliminating grocery and meds tax, while others are trying to find some way to spend the money before any taxes are cut. no one wants a cut in essential services, but some folks opinion of 'essential' is far different than others. then there's the earned income tax credit. i work with people who not only pay no fed income tax, but get thousands back--that they never paid out. this isn't a 'refund', it's another form of redistribution of wealth.
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Books serve to show a man that those original thoughts of his aren't very new at all. Abraham Lincoln |