Forum Discussion
tomman58
Aug 05, 2019Explorer
JRscooby wrote:Charlie D. wrote:
From the tax foundation: "In 2016, the top 50 percent of all taxpayers paid 97 percent of all individual income taxes, while the bottom 50 percent paid the remaining 3 percent. The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent).Nov 13, 2018"
Well, I bet if until the year 2011, when I retired, if the top 10% of highest income paid the same percentage of their income in taxes as I did, the budgets would look much different.
It is the people that make enough to buy everything they need, and some of what they want, and do it with time left over to enjoy what the have that makes the economy grow. Take a many that has enough to buy anything he wants, and give him more. He is not going to buy more things people make, he has everything. And the only service he will add to what he already buys is he will buy a politician, and ads to convince voters they should pay more taxes, or go without the best government services, but he pays enough...
Sorry but it isn't 2011 anymore and today we are going a TRILLION more in debt annually because of the "new and improved" tax codes.
As much as we see most of the USA each year, yes each year we go at least half way and on the off years we go to LV and AZ from Michigan and then down and across to FL. Sorry but there is one heck of a lot of poverty that is evident especially in the southern states. We are saddened in Fl because we are there the longest and each month we give heavily to the food bank in our camping area. There really is no good reason for this in our country. I also hate Wallmart and others that do not pay a proper wage for a person to live on yet reap billions each year in profits. I guess that is me but from my drivers seat we have been there done that often enough to know this country needs to do better.
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