Should the U.S. raise taxes on the rich?
In 2022 individuals and families with a combined income of $647K or more pay the top US federal Income tax rate of 37%. Countries with higher top income tax rates include Japan (56%), Denmark (55%) and Israel (50%.)
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Yes, increase the income tax rate and remove all existing tax loopholes for large corporations
MMT shows that this is ineffective due to the government no longer being constrained by financial reserves. Instead regulate monetary hoarding and ensure fair wages for laborers.
you can’t tax the rich, they find a way out of it
Create fixed tax percentage.
yes, and lower it for the poor
Money is the root of all evil. Taxes is a form of slavery and shouldn’t exist.
Abolish the income tax, disallow all deductions, and increase the sales tax. In addition, tax the buying of stocks and securities with the exception of buying stock in a company that one is employed by.
yes and abolish the income tax
Lower taxes for the middle and lower class.
@B6JV6TTPeace and Freedom2mos2MO
Yes, you should add more money for the rich people because they are rich and they have enough money and some rich people are very disrespectful to others who are not as rich. So, yes I do think that the government should raise the price because they need to know how others feel about not having much money because of taxes and I want to see the rich understand how hard it is for the people who are not so rich or not even rich at all.
Yes, while lowering taxes for low-income individuals/families and removing tax loopholes for large corporations.
@9Y8TZM5Peace and Freedom11mos11MO
No, however they should do it proportionally, like for every $50,000 that are made, a %10 income tax.
@9Y8JC9HPeace and Freedom11mos11MO
No because it's not fair because they worked hard to get where they are and everything should be equal for everybody.
I feel like you can increase taxes on the rich but there will always be a loophole and yes lower tax for the poor
@9XWH9GPPeace and Freedom11mos11MO
No just because they are richer it does mean they should raise it everyone taxes should be the same for everyone
@9XL6V7KPeace and Freedom11mos11MO
If it will help the lower classes in any way then sure. But if not, then there's no particular reason we should.
@9XGMZTFPeace and Freedom11mos11MO
That would be interesting, but what would really help if you lower the taxes for the poor and middle classes, we’re struggling enough and I’ve seen a bit of an increase of homeless people so far.
@9X5CFBZPeace and Freedom11mos11MO
I feel that taxes should be lowered for people who are poor and people who are rich should keep the same amount of taxes as they have now.
How rich is rich? Extremely wealthy already have so many tax loopholes. Mildly rich ppl 300-$1 mm pay the most in taxes especially professionals. Eliminate breaks for those over 10 mill.
The rate should be based on your income. A lower income family would have a lower percentage in comparison to wealthy/rich families. There should also be less loopholes for corporations
Reform to a flat tax and remove tax loopholes for corporations to evade taxes. Expand the IRS to do these things
We Need A Tax System Reform. No Matter How Much We Raise Tax On The Rich Half The Time They Have Loop Hole To Not Pay Them Anyway.
@9WQGF95Peace and Freedom12mos12MO
Lower the income tax rate and working on remove all existing tax loopholes for large corporations. now raising tax is dangerous for this country do keep it as it is for now , need to educate people's mindset about why we should treat others like our own family members then rich people won'r mad at paying higher tax for public using purpose
@9WNQ3WFPeace and Freedom12mos12MO
If U.S raise taxes on the rich even the rich feels supported on the poor peoples they give to them, insteads of keeping themselves.
I would say yes to this because what if the poor needs help and then the rich is just sticking there money to buy dumb things and the poor is going through a really hard time and they need help and they cant get out but if they do raise the taxes the should be able to ask and get that help they need
@9WNTPJFPeace and Freedom12mos12MO
Raise taxes but not too much since some rich people work hard for their money while other's are already rich
@9WLZNCXPeace and Freedom12mos12MO
This subject is complicated. Personally, I would tax both the rich and poor. However, I would suggest making it a choice, whereas the rich should deposit money to those in needs of education, environmental, healthcare, and in poverty. The poor may also do the same, but if they are low on a specific amount, they do not need to.
@9WLCGFZPeace and Freedom12mos12MO
I do not think so because if they do that is not being fair because all people are they same, if someone is making more money it does not mean hey should be charged more.
@9WHYQQTPeace and Freedom12mos12MO
Spread out a higher percentage between the top 5%, and introduce assistance on the middle and lower class tax rates.
@9WDVB6HPeace and Freedom12mos12MO
Heck no! All poor people should get lower taxes and more money, as some rich people are psychopaths or sociopaths.
@9WDF646Peace and Freedom12mos12MO
there should be the same rate taxed on everyone like 10%, and they have to pay it based on their income.
@9WC9LPXPeace and Freedom12mos12MO
Yes and no because they had got to where there were themselves, but also they have the money to pay for increased taxes.
@9VVLWZ8Peace and Freedom12mos12MO
yes but the rich and pretend to be the poor and the extra money will help with the hospitals and more.
Tax poor people so they have to pay more interest over time so the government gets more money from the poor and the rich can still be rich and happy which in doing so allows the rich to fund more military endevours
Establish higher progressive taxation on the wealthy, remove loopholes for large corporations, and give small businesses tax credits to cover benefits and vacation given to their employees. Allow taxpayers to vote on where their taxes are spent by the local and federal governments.
no the rich are the same as the poor they both have to go to a job to get money exept the rich just work more and in higher paying companies then the poor.
Yes. Remove loopholes for billionaires and large corporations and change the tax rate to a sliding scale based on income.
Raise taxes on rich people and rich companies and other companies with an excess of money unless they are actively helping their community.
Increase the income tax on higher earners , and remove all existing tax loopholes for large corporations.
Yes raise the taxes on the rich by 1000 Killion dollars and if they dont pay the taxes by the end of the month there will be consequences
Yes, and taxes on the middle class and poor should be substantially lowered, while rich people need to pay a lot
it depends on what there doing if there rich because they started a business then no just keep a 40% tax rate. But if its from like stupid things like enhariting money then yes
increase taxes on the rich and lower income tax rate on lower income households, and remove all existing tax loopholes for large corporations.
we should make it where there is a tax on the rich by taxing stocks in the market so they cant just store it all in there
taxes should be only for things that are necessary, not for everyday items for which doesn't really need to be taxed.
Depending on how they got their money. If they earned it and put in the work to become rich then no, but if they were given the money or did not work for it then yes.
I feel like it wouldn't be fair if they paid more than everyone else, since they earned that money working.
I'm unsure what the current situation is, but taxes for the rich should definitely be much higher than taxes on the poor
Yes, heavily tax the rich. Lower the income tax rate, lower taxes for the middle and lower class, remove existing tax loopholes for large corporations.
Create a system where the gov’t just tells people how much they owe and make them pay instead of them figuring it out themselves and using their own loopholes to avoid paying taxes.
Yes, and raise the tax rates for corporations and remove all existing tax loopholes for both parties.
No, Income tax rate should be decreased for all parties to stimulate the economy, help businesses grow, and create more disposable income in the economy.
Raise taxes for the top 5%, lower taxes for everyone else, and eliminate taxes for anyone earning under or at the poverty line
Tax the poor less, keep the same amount of tax for the rich. Also, stop taxing income tax altogether.
Yes, the rich need to be taxed, proportional to people with lower incomes and receive incentives to donate to nonprofit charities
Yes, and lower taxes for the poor. Middle class taxes to remain the same until proven richer or poorer.
It would be better if both poor and rich had the same tax rate, wouldn't be too high on both sides and both sides can afford it without complaints about it.
Yes, if they are making more money they won't be worried about taxes and it will be an easy payment and for the poor taxes may already be a lot on them.
Taxes should be lowered for the poo while staying the same for the rich. But rather getting rid of loopholes that allow the rich to pay no taxes.
The taxes should not be raised for everyone who is "rich" and should only be for people who are millionaires or have even more money than that
Yes, Because this could challenge the rule of law incase someone is so rich they use that against people
There is no reason that anyone in the upper classes should be paying a smaller percentage of their wealth in taxes than those less affluent.
Yes, raise taxes on all income brackets, lower taxes for poor, abolish income tax. Remove tax loopholes.
Yes, lower tax rates for those making $400,000 or less and remove all existing tax loopholes for large corporations
Yes, I shouldn’t be in a situation where I lose almost 20% of my income to taxes while being less than middle class. Eliminate loopholes to evade taxes
Tax should be an equal percentage to all who pay, if a working class citizen pays 10% of his money so should a rich man.
Yes, and make corporations pay high taxes. The tax brackets should move yearly to account for inflation as well.
Eat the rich. Or at least any income or asset that is more than 10 Million that in individual owns have to be taxed at 100%
I would say yes because people who are not rich have to pay tons of money and be in dedt a lot, and rich people are able to pay more money.
If the rich person are always bragging about how much money they have and if they are obnoxious they deserve to be taxed more
Use a percentile rate that is equal throughout. The more you make, the higher the tax. No loopholes.
@hanbohobbitSocialist 2yrs2Y
Abolish income tax for individuals making less than $150,000 per year. Tax those who reach $200 million or more in individual yearly income at 75-100%.
Yes, Richer people should be part of a higher tax bracket but not in a way where making more would actually cause you to make less, as well as having suport/lowering taxes for lower classes
Gradually raise taxes on the rich and gradually reduce taxes on the middle and working class, with the goal of eventually transitioning to a 0% income tax on the middle and working class
Abolish all tax. Create a monthly/yearly bill for each county or state. Use those funds to take care of roads, schools etc.
honestly i feel that it is unfair to raise their taxes its not easy to be rich people cannot work hard all their lives for money only for half of it to go in taxes just because the worked hard and made it in life.
Yes and the definition of “rich” should be based on cost of living of where you live rather than income brackets.
Raise tax on the rich, tax religious organizations appropriately, and eliminate loopholes for large corporations.
Close loopholes for large corps(to a point). Increase on all but tiered. Ultea wealthy have largest increase, make offshoring labor/companies taxable to a point.
i think it should be fair for everone but also think that prices should be less (things should be less expesive)
I think if they had owned a business that the taxes should be divided among the workers. Franklin D Roosevelt hints towards that the more we had paid, the better our economy would be.
i think the rich should be taxed more and that non-essential should be taxed while taxes on essentials like food and drinks be abolished
Yes, also lower tax rates for the non-rich and remove all existing tax loopholes for large corporations
I believe there should be a cap of income. 1 billion and anything more should be recycled into charity's and communities.
Just because people have worked harder to get to where thye are doesnt mean they should be punished for it
Rewrite the tax code to make sure the rich can not dodge taxes. That way we don't have to hike taxes so much for the rich.
Lower the tax for the poor, and keep the regular tax for the rich; and raise taxes for wealthy by a tiny bit.
Yes, and lower taxes for the poor and also; Lower the income tax rate, Remove all existing tax loopholes for large corporations, Abolish income taxes, Disallow or decrease all deductions, And decrease the sales tax
No but we should make it harder for the rich to hide their money. They keep getting away with getting taxed less due to this. It’s messed up.
doesn't matter being rich doesn't have anything to do with making your taxes more just because you're rich. Everybody should pay the taxes they are given. this question is not relevant.
We should flip how tight taxes are because on the poorer side it's super tight and on the rich side it's not as tight
It depends on what is classified as 'rich' or 'poor.' If it's based on income, then yes, though I would argue that it would be better to define it based on the ratio of income to output, so it's based on their capacity to participate in the economy.
Remove all loopholes for large corporations, increase taxes for higher tax brackets, and focus on solutions for environment and housing that are more expensive but permanent solutions that do not require yearly upkeep reliant on taxes
I believe that taxes should be raised on the rich specifically in two ways the first being that after a certain profit of around one billion dollars, they should be taxed at one hundred percent and receive tax benefits for paying their workers higher and higher wages, and the second is that they should be taxed and measured on income received through assets such as stock lending and stock appreciation
yes , lower them for the poor
Our tax system need a total rework
Raise taxes for the rich and lower them for the poor slightly.
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