You can tax the rich all you want. The problem is there aren't enough of the rich.
Sentiment: NEGATIVE
Everyone wants the rich to pay more in taxes.
At a certain point, you can't tax people beyond a certain level.
The rich aren't like us, they pay less taxes.
But only 'rich' people by definition have the 'extra' money to buy things and invest to create economic growth. Do we really want to tax that 'extra' money away - and give it to the government to spend? Does that make any economic sense outside of politics and our emotional desire to make everyone suffer equally through these tough times?
The rich support the poor primarily via taxes.
When you have a tax system in which most of the exemptions and the lowest rates benefit the richest, all in the name of job creation, all that happens is that the rich get richer.
We cannot tax the same people we expect to create jobs. That is a recipe for keeping people out of work.
Yes, the rich will find ways to avoid paying more taxes, courtesy of clever accountants and tax attorneys. But this has always been the case, regardless of where the tax rate is set.
The problem is not that people are taxed too little, the problem is that government spends too much.
Rich people don't pay taxes? Of course they pay taxes - they pay tons in taxes. They pay for everyone else who doesn't pay taxes.