Comments about ‘America’s wealthy pay most of its taxes’

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Published: Monday, Sept. 24 2012 4:01 p.m. MDT

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VST
Bountiful, UT

From the article: "While only 13 percent of US citizens earn more than $100,000, they pay 87 percent of the nation’s income tax, according to a report by the Tax Foundation."

But yet most Democrats, Obama, and his campaign ads continue to insist the "…wealthy are not paying their fair share." They want the rich to pay more taxes in the name of fairness and in their vain attempt to claim this will help reduce the deficit.

Here is the bottom line to their tax plan for the rich:

Their proposed tax on the rich will actually generate a mere $85 billion in new taxes over one year. But yet, the federal government spends that much in just under NINE DAYS.

So much for Democrat's smokescreen that we need to "soak" the rich (in the name of fairness), which will not reduce the growth of the now $16 plus trillion national debt by a single red penny or even "stimulate" this stagnated economy.

louie
Cottonwood Heights, UT

If 23% is the average rate for the above $250,000 income types, does that make Romney a 47 percenter of that income type since he is paying less and therefore dependent on government subsidy.

micawber
Centerville, UT

Almost half of filers make lesss than $30,000 per year, and the concern is that the rich pay too much in taxes?

Mountanman
Hayden, ID

Obama and the Democrats are out of touch with economic realities and the facts pointed out in this article prove it beyond any doubt! If Romney will just tell Americans the truth, like this, he can’t possibly lose this election! Let Obama whine about the rich not paying their “fair share” and all Romney has to do is use these facts! Can’t wait for the debate!

JimInSLC
Salt Lake City, UT

Taxes are based on a percentage of earnings not a set dollar amount per person. Someone that earns $1,000,000 and pays $100,000 in taxes has paid 10%. Someone that earns $50,000 and pays $8,000 in taxes has paid 16%. Who paid the more in taxes? per dollar amount, the first, per percentage, the latter.

I suspect that the author did not grasp the lesson to be learned in the parable of the "Widows Mite".

Chris B
Salt Lake City, UT

dear mitt and wealthy people,

I apologize there are so many lazy and unresponsible people that they you should pay for what they use.

When you and I drive on the road, our cars do the same amount of damage to the roads.

Therefore we should pay the same to fix the road.

Just bercause you are rich, this does not mean your car do 1000 times the damage that my car does.

I apologize again for lazy people who want to use govt resources but only pay a fraction of what they use.

This is wrong.

and lazy.

And immoral to demand others pay for what they use.

worf
Mcallen, TX

When the consumers out number the producers,--corrupt leaders are elected.

* Let him who paid more than two million cast the first stone.
* Thou shalt not covet thy neighbors success
* Thou shalt not steal
* thou shalt not lie

America is great, because America is good.

Lets keep our focus to goodness.

ThatsSoUtah
Fredericksburg, VA

So asking for the population to pay more fair tax rate is wrong because the people that make more pay more? The amount paid in taxes is irrelevant. I make more money this year than I did last year and I'll pay more in taxes because of it and I am happy for that.

The ultra wealthy acting like victims because their 20% is millions of dollars will get no sympathy from me. I do have an issue with people getting more back in taxes than they are putting in, though.

Maybe the problem we are facing has more to do with how many people are making such a pittance for wages. Worker wages aren't keeping up with inflation. Corporate profits are sky rocketing while they are cutting the wages of their workers who have managed to not be laid off. Maybe if people were treated better by their millionaire employers, there wouldn't be so much scorn directed at them.

LDS Liberal
Farmington, UT

When the 1% owns 80% of Everything - they SHOULD be paying 80%+ of the taxes.

And if the the 1% is complaining about having to pay all the taxes,
then they should think to pay "the Help" more than their wages to live on,
then "the Help" could do more to pay their own way.

You can only collect taxes with money.
so common sense should tell you, You can't tax those who have NO money.

RedShirt
USS Enterprise, UT

To "LDS Liberal" lets look at the stats on the top 1%. According to the NY Times and various other sources the top 1% own 40% of the wealth in the US. However, we do not tax people based on their wealth, but their income. If we look at their income, they take home 16% of all income in the US.

Ok, now we know how much they own, and how much they earn. Lets look at what percent they pay of all federal income taxes. According to the the IRS, those same top 1% pay 40.4% of all income taxes in 2011. So, according to your reasoning, the rich pay their fair share.

Since they pay their fair share according to your standards, does this mean that you will no longer complain about the taxes that the wealthy pay?

Can you please pass that along to Obama.

The problem isn't that the wealthy are complaining about their tax rates. It is the greedy among the poor that are complaining. The poor have been given a free dinner and are now complaining that they don't get a bowl of ice cream with it too.

patriot
Cedar Hills, UT

fair share == 100%

woolybruce
Idaho Falls, ID

This article is incomplete, in that it needs to provide what percentage of wealth the 13% hold. If that 13% (wage earners about $100k) holds more than 87% of the countries wealth, then they should contribute that percentage of taxes, even more. When the top 1/2 of 1% of the population make more money than the lowest 50% of the population combined, then that 1/2 or 1% should bear the burden of taxes.

VST
Bountiful, UT

@wooleybruce said: "This article is incomplete, in that it needs to provide what percentage of wealth the 13% hold."

But so what? Please note, as @Redshirt eloquently pointed out, "...we do not tax people based on their wealth, but their income."

So then @wooleybruce, since we pay taxes on INCOME and not upon how much WEALTH we have, please enlighten us all as to why you think the top 13% are not paying their "fair share" of income taxes, which right now is 87% of all federal income taxes collected?"

Joey D
WEST VALLEY CITY, UT

To bad there isn't a law that requires you pay Federal Tax to be able to vote. If you don't have "Skin" in the game you shouldn't be allowed to play (vote).

Benjamin Franklin quote (1706-1790)

Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote.

When the people find that they can vote themselves money, that will herald the end of the republic.

They that can give up essential liberty to obtain a little temporary safety deserve neither safety nor liberty.

Where liberty dwells, there is my country.

Fred44
Salt Lake City, Utah

Joey D,

I could support that concept, because in Utah that would change things dramatically. There are a lot of folks out there because of their large family size and relatively low wages who are paying no taxes at all. I would be willing to bet most are going to vote republican. Your suggestion could give us a two party state finally.

RedShirt
USS Enterprise, UT

To "Fred44" Utah already has 2 political parties. Last time I checked, there were Utah Republicans and Democrats. Why do you dispariage people from voting for the political party that most reflects their values?

Do you also complain that California, New York, and Massachusetts are Democrat states? Should their governments be required to have more Republicans?

Why do you want to alter Utah Politics to be more like the states that are imploding?

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