You will pay far more taxes. These stats are just based on percentages. The rich pay more in taxes each year than most people will make in their entire lives. As someone who makes a ton of money and pays a crap ton of taxes, the people who make these graphics are clueless idiots.
You pay more money total, but you have a lot more left over too. You don’t pay more in Washington State unless you own an expensive property, since they don’t have income tax. Well I guess you pay more if you buy more stuff, but that’s a given.
Even in Washington state you have federal income tax. Why should someone who makes $500k pay 10x more than someone who makes $50k? Just because you think they have more? Someone who makes $500k has worked far harder, likely has lots of student loans, and much higher expenses. This is a capitalist country, not socialist. They say eat the rich… I say eat the lazy.
The graphic is about State taxes, not federal. It’s lacking in information though and hard to draw conclusions from. It’s probably intentionally created to cause anger.
In response to your statements though, the idea is that you can comfortably part with a higher percentage of your money. I’m also in a high tax bracket and I’m not really opposed to a graduated tax rate. Someone’s gotta pay for our military, our roads, social services, police, etc. All of that stuff isn’t going to get funded by people with low income. Social programs can help people lift themselves out of poverty and give them a chance to make something of themselves. They also help protect our nation’s children.
That said, I think the big corporations should shoulder a lot larger portion of that burden than they do. I’m also not keen on the competence and lack of efficiency/effectiveness of our government in a lot of areas.
They say eat the rich, you say eat the lazy, I say don’t eat anyone. I’d love to see our country more unified.
By this logic why not just tax high income earners to the point that they make the same as low income earners? After all, they have more money they can part with as you state. Just offering to blindly pay more tax because uncle Sam needs more missiles is a really stupid argument. It leads to gross over spending and negligence. I worked for a government agency for many years and every year they would buy millions of dollars of stuff that never made if off the pallet just because they needed to spend their budget so they got it next year. Not with my money, no thanks.
There’s two facets to consider.
-Is government spending well managed, and if not, what to do to improve it? You may have some fair points there
-To the extent government spending is reasonably required, how to handle paying for it? On this, you overextend their point about who can afford. Someone making $30k/year and trying to get by can’t really spare any money. Someone making $500k/year would still have crap tons of money even paying $200k/year in taxes. No one is proposing that making more should make it so you take home less than the low income person, or even close to the low income person, just that the proportion that can go to government comfortably increases.
Sounds like you’re making money by working hard, which is a silly way to try to make a lot of money in a capitalist system. The hint is in the name, my friend: it’s not called “workism”.
If only we lived in an economy where your hard work was proportional to your income!
I guess I need to start making a lot more money, so I can pay lower taxes.
You will pay far more taxes. These stats are just based on percentages. The rich pay more in taxes each year than most people will make in their entire lives. As someone who makes a ton of money and pays a crap ton of taxes, the people who make these graphics are clueless idiots.
Yet even when doing so they also take home more money each year than most people will make in their entire lives.
I don’t see what the issue is. The graphic shows percentage. In absolute terms you pay more but in percentage you pay less.
You pay more money total, but you have a lot more left over too. You don’t pay more in Washington State unless you own an expensive property, since they don’t have income tax. Well I guess you pay more if you buy more stuff, but that’s a given.
Even in Washington state you have federal income tax. Why should someone who makes $500k pay 10x more than someone who makes $50k? Just because you think they have more? Someone who makes $500k has worked far harder, likely has lots of student loans, and much higher expenses. This is a capitalist country, not socialist. They say eat the rich… I say eat the lazy.
The graphic is about State taxes, not federal. It’s lacking in information though and hard to draw conclusions from. It’s probably intentionally created to cause anger.
In response to your statements though, the idea is that you can comfortably part with a higher percentage of your money. I’m also in a high tax bracket and I’m not really opposed to a graduated tax rate. Someone’s gotta pay for our military, our roads, social services, police, etc. All of that stuff isn’t going to get funded by people with low income. Social programs can help people lift themselves out of poverty and give them a chance to make something of themselves. They also help protect our nation’s children.
That said, I think the big corporations should shoulder a lot larger portion of that burden than they do. I’m also not keen on the competence and lack of efficiency/effectiveness of our government in a lot of areas.
They say eat the rich, you say eat the lazy, I say don’t eat anyone. I’d love to see our country more unified.
By this logic why not just tax high income earners to the point that they make the same as low income earners? After all, they have more money they can part with as you state. Just offering to blindly pay more tax because uncle Sam needs more missiles is a really stupid argument. It leads to gross over spending and negligence. I worked for a government agency for many years and every year they would buy millions of dollars of stuff that never made if off the pallet just because they needed to spend their budget so they got it next year. Not with my money, no thanks.
There’s two facets to consider. -Is government spending well managed, and if not, what to do to improve it? You may have some fair points there
-To the extent government spending is reasonably required, how to handle paying for it? On this, you overextend their point about who can afford. Someone making $30k/year and trying to get by can’t really spare any money. Someone making $500k/year would still have crap tons of money even paying $200k/year in taxes. No one is proposing that making more should make it so you take home less than the low income person, or even close to the low income person, just that the proportion that can go to government comfortably increases.
Sounds like you’re making money by working hard, which is a silly way to try to make a lot of money in a capitalist system. The hint is in the name, my friend: it’s not called “workism”.
If only we lived in an economy where your hard work was proportional to your income!