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Originally Posted by CDeutsch
On the other hand a lot of those guys pay more taxes a year then some people will pay in their life. Is that "fair"? What is the definition of "fair" when it comes to taxes?
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This is the question of the ages. How do you determine who should pay what percentage, who should get a break, who should pay more, who should pay less? These are the questions that everyone asks. In my econ class we discussed what would be an equal hitfor different tax groups. Is 18% of $20,000 as eqaully painfull 30% of a $100,000, or whatever the differnet tax brackets are. I'm not talking literal numbers, but does that hit hurt the person earning $100,000 as much as the person earning $20,000. It's a rhetorical question, but it's damn near impossible to determine what an equal hit is to the rich and the poor.
And even though these people pay more annually than others ever pay, do they actually need a tax break, are taxes breaking these peopes' backs, i honestly do not thinks so...