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13y ago

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Should rich people pay more taxes?

yes rich people should pay more taxes because the middle class pays taxes to support the poor people there for the rich should help pay


Who are required to pay taxes?

Everyone is required to pay taxes it's just that some people pay more depending on what the stupid government thinks is right. Rich people pay least taxes middle class pays average and poor/lower class pay a lot.


Why do some people say real estate taxes are taxes on middle class people?

Middle class people buy their own houses, and own them, and pay taxes on them. Poor people rent houses or apartments. (There's a lot of overlap and gray area between these categories!) Rich people have their homes attached to various trusts and sometimes charities, and these are often taxed at a lower rate, or the taxes are paid as a business expense. So the wealthy people often don't pay their own taxes; they have somebody else to manage the business of minimizing their taxes.


Why should rich people pay more taxes?

Rich people should pay more taxes because they have a greater ability to contribute to the public good without compromising their financial stability. Higher tax contributions from the wealthy can help fund essential services like education, healthcare, and infrastructure, which benefit society as a whole. Additionally, progressive taxation can help reduce income inequality, fostering a more equitable economic environment. Ultimately, a fair tax system promotes social cohesion and supports the overall health of the economy.


Do rich people get money back on tax returnes?

Yes, depending on how much they paid in taxes. IE Obama is getting back about 25K this year...he and his wife maid about 800K. They paid a great portion in taxes and therefore they are owed money back.

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