Define fair share

[Always in His Presence]

we will hear that the wealthiest do not pay their fair share of taxes.

Define what a fair share is.

 

[HTacianas]

we will hear that the wealthiest do not pay their fair share of taxes.

Define what a fair share is.

Sorry, but that is recorded on the sacred scrolls kept in the temple and only the priests are allowed to see it.

 

[tulc]

we will hear that the wealthiest do not pay their fair share of taxes.

Define what a fair share is.

...how about if you say what you think is fair first?
tulc(just wondering)

 

[Tiberius Lee]

I never understand what is “fair share” is all about. It is true that big corporation take advantage of tax loopholes and end up paying Zero or 10-12 % of income tax, but that is not illegal. Democrat keep saying “rich don’t pay fair share” but they wouldn’t address the tax loopholes issue because demonizing rich is far easy and rally up their base then talk about tax loopholes.

 

[Go Braves]

we will hear that the wealthiest do not pay their fair share of taxes.

Define what a fair share is.

Buffett Rule

 

[JAYPT]

we will hear that the wealthiest do not pay their fair share of taxes.

Define what a fair share is.

Same definition as "tippy tops"

 

[archer75]

we will hear that the wealthiest do not pay their fair share of taxes.

Define what a fair share is.

A share commensurate with the degree to which they benefit by not having our society and economy collapse.

 

[Always in His Presence]

No one has an idea of what a fair share would be?

Perhaps that is one of the problems we, as a nation faces.

 

[Always in His Presence]

A share commensurate with the degree to which they benefit by not having our society and economy collapse.

Example?

 

[Go Braves]

No one has an idea of what a fair share would be?

Perhaps that is one of the problems we, as a nation faces.

Am I on your ignore list or something, or do you just not know what the Buffett Rule is?

 

[archer75]

Example?

Well, let's say a person who squats in a shack has $10. If the dollar becomes worthless, that person hasn't lost much. But if the dollar becomes worthless, a billionaire loses at least a billion dollars. So the billionaire has much more to lose.

The billionaire has benefited financially much more than almost all people, and should have to put more in to keep everything going.

 

[Speedwell]

Conservatives like the 50s. I should think they would agree that the income tax rates of the 50s amounted to "fair share."

 

[Always in His Presence]

Well, let's say a person who squats in a shack has $10. If the dollar becomes worthless, that person hasn't lost much. But if the dollar becomes worthless, a billionaire loses at least a billion dollars. So the billionaire has much more to lose.

The billionaire has benefited financially much more than almost all people, and should have to put more in to keep everything going.

Interesting.

What about the person who pays little to no taxes (bottom 40%}, yet benefits greatly from the government. Food stamps, housing, healthcare etc?

It isn’t by any means a lavish lifestyle, but they benefit greatly (in proportion).

How do you feel about the top 1% paying 36% of the taxes?

 

[Always in His Presence]

Am I on your ignore list or something, or do you just not know what the Buffett Rule is?

You want to lower the tax rate for the wealthiest? They pay more than 30% right now.

 

[durangodawood]

....Define what a fair share is.

$1000

 

[durangodawood]

You want to lower the tax rate for the wealthiest? They pay more than 30% right now.

The tax rate =/= "what they pay"

 

[Always in His Presence]

Still looking for an answer for an answer.

 

[Always in His Presence]

I personally really liked the idea of the Fair Tax suggested a number of years ago.

How FAIRtax Works | FAIRtax.org

 

[Speedwell]

Still looking for an answer for an answer.

I gave you quite a specific answer: return to the tax rates of the '50s.

 

[Douger]

You take the cost of government expenditures and spread it across the economy, exempting incomes that are needed to provide a basic standard of living.
The "fair share" is whatever it takes to match the expenditures.