Quote:
Originally Posted by adpimiz
Personally, I think everyone should pay the same percentage in taxes, which means that the wealthy would clearly pay more. I don't think it's right for the wealthy to pay a higher percentage in taxes because in my opinion, your money is your money. If you worked for it, you have the right to enjoy it. I don't believe it's the responsibility of the wealthy to get our country out of debt.
What I had against the 250,000 cutoff is that I don't think someone who makes that as a married couple is not necessary "wealthy", depending on how many children you have and where you live. If you make that where I live (Southern Illinois), yeah, you're making a good amount of money because the cost of living here is extremely cheap. If you're making that as a married couple living in San Francisco with five kids? Not as wealthy. I'm fine with the current cutoff. I think that at that amount, it's obvious that you have the money to spare no matter where you live or what your expenses are.
However, our President can't simply spend and spend and spend. We HAVE to make spending cuts. Everyone could have extremely high taxes and it wouldn't get rid of our debt. Spending cuts have to be made. It's immoral for us to pass this debt onto our children.
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The $250,000 level being quoted was for single income not married. They have always stated higher levels for married income. The difference in income at this level is insignificant for people at this income level, too. I can expect $4000 more a year in taxes with the actual changes which is a much higher cutoff than what you are quoting. That doesn't effect me one bit. For someone else in a lower income bracket, that's more than a month's income and could bankrupt them. People need to stop worrying so much about the people at the top. We'll survive just fine. We got where we are because of the greatness of this country and the opportunities afforded to us just as much as the effort of our own hands. Is it the responsibility of the wealthy to get the country out of debt? It is just as much as it is any other American's, but at least we have the means.