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The rich should pay higher taxes because they exploited the poor and that is how they got rich. If the rich pay the poor accordingly the poor wouldn't be as poor and maybe not even poor at all. And the rich would still be rich just not as rich. Some rare historical periods regulated exploitation and provided for building middle class, the rich hate the middle class because middle class competes with them. So because of this there is always a struggle between rich and poor. In a perfect world there would be more fairness and less disproportion. I am not calling for absolute equality but one making 400 - 500 times over another is not right. No one works that hard.
I am sure the comments below were written by the wealthy and privileged person.
They shouldn't. I believe, and someone please correct me if I'm wrong, that richer people pay a higher % of taxes because they are assumed to "consume" more.
Put a person making $25,000 next to a person making $500,000, both consuming the same amount in life and tell me why the more assertive, more persistent, harder working human being making more money should be penalized for his/her effort.
Anyone?
There's no answer on the internet and this is a sheep concept -- in other words, it is what it is because it's been this way for such a long time.
When the top 5% of our nation goes on strike, goes out of business, stops working and puts up a fight, only then will America really address the issue (when the rich are done paying for the poor and unlucky)
What else can I help you with?
Should the rich have to pay a greater portion of their income in taxes than the poor why or why not?
The rich do in fact pay a higher percentage of their income in income tax, because we have a progressive income tax based on six different tax brackets, where the higher your income is the higher a percentage tax bracket you will be in. Depends on which country you're in. In the US, this is not the case.
How do people pay taxes?
People pay taxes in many different ways. Taxes are taken out of your paycheck, you pay taxes when you make purchases at a store, and you pay taxes on your home and property.
Do you have to pay taxes on stocks?
You have to pay taxes on the profits when you sell or otherwise dispose of the stocks. You also have to pay taxes on dividends.
Do farmers pay taxes?
Yes, all farmers pay taxes.
What is the best definition regressive tax system?
A regressive tax system is one in which the tax rate decreases as the income level increases, meaning that lower-income individuals pay a higher percentage of their income in taxes compared to higher-income individuals. This results in a disproportionate financial burden on those with less income, as they spend a larger share of their earnings on taxes. Common examples include sales taxes and certain excise taxes, which do not account for the taxpayer's ability to pay. Ultimately, regressive taxes can contribute to income inequality.
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
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.
What does Barack Obama think about income taxes?
the rich people should pay more taxes.
Should only rich people pay taxes?
no everyone shou8ld ...........................................................****
Did you have to pay taxes to be a citizen of athens?
Citizen of Athens had to pay taxes with the rich not having to pay taxes. The rich did have to pay for thing that the tax money didn't cover.
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.
Why did whately feel that the american colonists should be willing to pay higher taxes to parliament?
Whately felt that the American colonists should be willing to pay higher taxes to parliament. He thought American's should be happy to pay for the protections Britain had provided to them.
Should the rich have to pay a greater portion of their income in taxes than the poor why or why not?
The rich do in fact pay a higher percentage of their income in income tax, because we have a progressive income tax based on six different tax brackets, where the higher your income is the higher a percentage tax bracket you will be in. Depends on which country you're in. In the US, this is not the case.
What did the populists party argue for?
They wanted the rich / upper class man to pay more taxes.
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.
Why did Louis xvi want taxes to be higher?
He did not want the taxes to be higher, he wanted the Clergy and the Nobility to also pay taxes so that not only the bourgeoisie had to pay all the taxes (since these were the poorest people).
