30%
Maybe 40%, but if you knwo what to do with your money 20-30%
Does anyone have stats on this?
People like to throw the poor under the bus, but they HAVE to be DEALT with. For everyone that shames welfare, Medicare, and other government assistance programs, I have not seen one viable way to fix the problem. There WILL be poor people in any society- and the handling of them is a key question to the health of the society as a whole. When you don’t property maintain the poor is when you turn into a Iraq, a Turkey....ect. I am working with a guy right now who has 540k in w2 income YTD, and has paid some 110k in taxes. He himself admitted to me he thinks he should be taxed more, and after his write-offs will receive a 5 digit tax return.
It is what it is. It’s nice if you can motivate people to work, but
1) You can’t "teach" motivation
2) There are not enough jobs for every employable unworking individual. Full employment is not possible in this country, not even close
My question- to those who think the top 10% should not e taxed any more-
1)What do you think they really pay now-less write offs, not including fringe benefits, not including money that goes untaxed into offshore account?
2) What do you think is a “fair” tax amount for the top 10%?