Paendragon
AmPic and SRP Moderator
- Joined
- Jan 18, 2002
- Posts
- 22,328
Why is it a good idea to impose high taxes on job creators (corporations)?
The wealthy (top 20 percent) pay most of the income taxes. If there are going to be tax cuts, common sense tells me they would be allowed to keep more of what they earn.
Why should state income taxes be deductible? Did you know Chuck Schumer gets a $58,000 tax break because state income taxes are deductible? Talk about tax cuts for the rich ...
I'm in the top 20%. I'm not wealthy. My cousin is in the top 1%. He doesn't really collect a paycheck. His effective tax rate is about 21%. Yes, he pays more tax money than I do, but that's just because he has more money, not because of his percentage.