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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.

Related Questions

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


Why don't some rich people pay their taxes?

Some times the government think only the poor should pay taxes; it depends in different part of the world.


What does Barack Obama think about income taxes?

the rich people should pay more taxes.


Why should people visit Dubai?

because Dubai don't have taxes and its rich


Rich people need it poor people have it?

Rich people need it poor people have it


What were the beliefs of the populist party?

Rich people should pay a higher percentage of your income taxes APEX !!!


What did populist believe?

Populists believed that government should be there to protect the common worker, farmer, and poor people from the rich and big businesses. The Populist Party was also know as the People's Party.


Who was the inventor of taxes?

fat people rich people rsu wrote this


Why rich people don't want to pay taxes and don't contribute?

because they are gits.


Do working seniors over 65 have to pay FICA?

A seniors paying taxes should not have to pay while the rich get richer and pay fewer taxes. The rich individuals should pay more taxes because they could afford it.


How are pharaohs rich?

They are rich because the people of Egypt have to pay taxes and they also (tip) them too cause their (so-called) living gods.


What is it called when the government takes money from the rich and gives it to the poor?

Yes. It is called taxation. The government collects income tax, social security tax, Medicare tax, corporate income tax, death taxes, property taxes etc. from people who have money sometimes called rich people. Then the government gives that money to other people who don't pay taxes in the form of social security, medicare, medicaid, earned income tax credits, tuition tax credits, education grants, unemployment compensation, section 8 housing vouchers, etc.To pay taxes you have to earn money. "Rich People" are anyone who earns money unless you want to start dividing the US population into poor, middle class and rich people. In that case, the middle class pays the taxes as this includes everyone up to $250k per year and the rich people hire attorneys to figure out how to pay as little tax as possible.As a note, everyone who has a paycheck pays social security and medicare taxes. Only 50% of people with a paycheck pay income tax now. Corporate income tax is collected from corporations but is really paid by the consumer in the form of higher prices. Death taxes are only paid by the super rich but they have ways around this. Property taxes are collected at the state and local levels from any property owner which means owning a car or house causes you to pay taxes.