How is taking $500 in taxes from a person that earns $1,000 wrong but taking $500,000 in taxes from a person?

When the goal is to make every one financially equal it's impossible to bring all up to the high levels & a cinch to lower them all to near-poverty.

Because they have benefited more from the country they have been privileged to be a part of. The "million dollar person" benefits from government a heck of a lot more than the $1000 person.

Banking system - so your $500k is worth more than the paper its printed on

Police and fire protection - protecting all that property you are paying taxes on

Providing education - so your business has a chance at an educated workforce

SEC - Creating an environment to fairly raise capital and put your capital to work

Military - The poor person is probably better off if our country were taken over, if they would even notice. You might lose everything

Shall I go on?

The reason why we have a progressive tax system has nothing at all to do with being "fair" to the wealthy. It a quality of life issue. As a society, we should look after people who are less fortunate than us. Some people work hard their entire life and never make more than $30,000 a year thru no fault of their own. The progressive tax system helps insure those people can meet the bare minimum stands of life; ie shelter, utilities, and food. You start slapping a 25% tax rate on those people(which is less than the highest rate), and now you have all kinds of social issues. So if you feel in your heart that the poor should go homeless, hungry and cold so a millionaire can feel like life is "fair", shame on you for being able to sleep at night. Thank God the people in my Church don't feel that way.

Everyone else brought up some good points. What about this: A person who owns a house worth $100,000 can write off morgage interest, which lets say is 10% or $10,000. A millionaire who lives in mansion worth $500,000 can write off 10%, or $50,000. How is it fair the rich person can write off more on taxes? There are tons of loopholes where its not apples to apples.

I'm all for people keeping the money they earn, but I'm not for is the tax system that is made to be easier for millionaires.

Millionaires pay less taxes in proportion of what's made than someone who makes 20,000 a year does. If someone that donates a dollar to charity and makes 20,000 a year they would get like 5 cents off their income tax. If a millionaire donated a dollar to charity they would get like 15 cents off their income tax.

How is that fair in anyway? That's pretty much saying just because they make more money they deserve to keep more.

A person who earns $1,000 a year pays no tax. Most people who earn under $50,000 per year pay no tax. 47% of Americans get every single penny back that is withheld of their federal taxes.

A sales tax on food means the poor will pay a higher tax because when you tax their necessities you get a larger percentage of their income.

Instead of complaining, do something!

Write and/or call your Represenatives in Congress.

The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including a progressive national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue neutrality, and, through companion legislation, the repeal of the 16th Amendment.

The FairTax Act (HR 25, S 13) is nonpartisan legislation. It abolishes all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, federal retail sales tax administered primarily by existing state sales tax authorities.

The FairTax taxes us only on what we choose to spend on new goods or services, not on what we earn. The FairTax is a fair, efficient, transparent, and intelligent solution to the frustration and inequity of our current tax system.

http://www.fairtax.org/site/PageServer?pagename=ab...

Because i dont have a million dollars and they do Waaaaaaaaah waaaaaaaaaaaah

:)

Answer you wont get but should from the pro soak the wealthy crowd

The answer you will get is They are evil and got all that money off the backs of the poor working class and should pay a premium

After loopholes and deductions, nobody pays anywhere close to 50% taxes.