Whats their "Fair Share"?

[jeepkid]

All the libs whine that the rich need to pay their "fair share". So what is their "fair share"?

And where in the Constitution does it say, "People who take risks and work hard must pay more taxes to fund the person that has never taken a risk or worked hard"?

[burniegoeasily]

I love the notion of rewarding mediocracy at the expence of the hard workers. Libs want to punish success. Great idea. What was it Jefferson said; Once the masses find out they can vote themselves in rewards, the democracy will end. Not verbatim, but you get the gist. I think we are seeing those days.

[DougMD]

The "rich" already pay the overwhelming majority of taxes while providing the jobs. They should be APPRECIATED, not demonized! It's a case of biting the hand that feeds you! What's Obama trying to do, pull a Mugabe on us, so we end up like Zimbabwe?

[Fieldmouse]

I predict no liberal will come on this thread and say what someone's fair share is. I've asked this same question point blank many times on this forum only for it to go unanswered. The only person whoever made a single mention with regards to tax amounts was falcon when he said he never understood Reagan's tax cuts. In other words, I must take that comment to meaning the top tier should be paying the 70% rate.

[F3d]

I predict no liberal will come on this thread and say what someone's fair share is.

We should be taxing rent seekers. That's fair.

[DougMD]

Sean Hannity had Al Sharpton on his show. Al wants the rich to paymore taxes, so Sean asked him how muchhe considers to befair. Sean asked specifically if it is fair for the top 10% of wage earners to pay 50% of taxes, or something like that. Al said yes, that would be fair. Well, the top 5% pay MORE than 50%, so by Al's own standards, the top income earners are paying too much. Did Al then say ok, he was wrong, and the rich are paying MORE than their fair share, as Hannity pointed out to him? NO! The bottom line is that no matter how much the"rich"pay, Al and many others will say it's not enough because their aimis class warfare, and as long as people havemore than others, they will be hated regardless of whether they pay 100% of taxes and provide most jobs! See below for confirmation of what percentage the"rich" pay out oftotal taxes paid.

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[/align]The Truth-O-Meter Says:

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"Five percent of Americans pay over half the income taxes in this country. Forty percent of Americans pay no income taxes at all."
Fred Thompson on Wednesday, December 12th, 2007 in debate in Johnston, Iowa


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Thompson's tax numbers add up Fred Thompson, in arguing that the tax cuts of the Bush administration should be renewed, said that 5 percent of Americans pay over half the income taxes in this country, and that 40 percent of Americans pay no income taxes at all.
Both figures are true.
The top 5 percent of all payers do pay more than half the income tax. They pay about 59.2 percent of all individual income tax, according to an analysis by the Tax Policy Center, a nonpartisan institute run jointly by the Urban Institute and the Brookings Institution.
Thompson also said that 40 percent of Americans pay no income tax. This claim is supported by the Tax Foundation, a nonpartisan tax research group that promotes transparency in the tax code and economic growth.
There's a small caveat to the 40 percent number "” it includes nonfilers, typically taxpayers who don't have to file returns because their incomes are too low. It's logical to assume that most nonfilers don't pay income taxes, but it's possible that some did if they had income taxes withheld by an employer. This is probably a very small number, because people with low incomes have an economic incentive to file a return and get a refund.
The U.S. income tax system is progressive, which means that rates increase as income increases. Given that structure, it makes sense that people with higher incomes pay more taxes, and people with low incomes might pay no tax at all. Thompson's numbers are on the money, and we rate them True.


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[bergall]

Facts, figures, hard numbers; these mean nothing to the vermin running this country today, or to
their parasitic minions. Logic has nothing to do with anything nowadays, it seems....

[nodog]

Make as much as you want but don't do it at the expense of others. If you decide to take advantage of others someone eventually will not only even the score, but try and stick it to you and break it off.

It's where we are today. Unfortunetly for us the government instead of policing when it should, waits until it's a huge problem and becomes a bigger bully. Sooooo instead of cutting out a big waistfull middle man, government, the free market would rather have restitution made by force costing us not only the money but freedom. That would be the breaking it off part.

Treating people fairly is the problem and it always always always starts with the free market. If they don't treat people fairly,"fair" is thrown out the window. It's not rocket science. They could have avoided someone telling them what their fair share is. It's impossible for them though.

Ticked off at the government, scream at yourself in the mirror. Government is a product of the free market. Poor business managers, and many think these people are smart.

[James B]

A fair share? the same percent as everyone else. I can't see why the hard workers should pay a higher percent.That makes it a production tax. Punish the productive? Yeah you bet, then who is going to pay the wages.[:@] OH I forgot, The government.

[RobertSubnet]

Or how about this: how about we reduce the size of the government so that we all pay less in taxes?