Do you think that taxes should be raised on the 1%? To balance the budget?

If they did, the revenue raised wouldn't pay the the interest on 1 day's interest. It isn't the answer. It never was.

We're in debt because we can't stop buying priceless shit from wal-mart that breaks in a week.

I see the down-vote fairy has visited the boards. Not surprising

I don't personally care. I would rather EVERYONE pay the same amount and no loopholes at all for anyone. But everyone like the the exemptions they get so it will not happen that way.

Reagan cut taxes. Clinton cut taxes, and then after the economy pick up he then raised them. He also said he raised them to much. Also it did not eliminatel our debt. They were able to balance the budget, but were not able to pay the debt.

You could raise the taxes on the 1% to pay 100% and still not put a dent in the debt.

After, and only after, there is a federal budget in place (remember, we haven't had one in 3 years) that cuts all spending to the bare bone will I consider the need for raising taxes on the 1%.

Now if you want to talk about 50% who pay nothing, we can talk. If you want to talk about those who pay nothing yet somehow manage to get a "refund", we can talk even more.

And a lot get a refund of THOUSANDS of dollars without paying ANYTHING in taxes. That means those who do pay are paying for their taxes and giving people who don't pay any taxes some FREE money. That's like going into a store with someone and not only paying your items, but paying for the items the person behind you in line wants. And then the store telling the person, after you've paid for their stuff, "That's okay, we'll give you a refund on your purchases and you can keep them."

After, and only after, there is a federal budget in place (remember, we haven't had one in 3 years) that cuts all spending to the bare bone will I consider the need for raising taxes on the 1%.

Now if you want to talk about 50% who pay nothing, we can talk. If you want to talk about those who pay nothing yet somehow manage to get a "refund", we can talk even more.

Cut spending first. That's always the first rule of debt control. No one is really doing that, so they need to stop telling us they need more of our money.

Almost 50 % of households pay NO federal income tax.

50 % !!!!!!!!!!!!!!!!

How is that fair?

There's that dumbazz word again

Fair.

Oblahblah's fav word.

Those millionaires who think they should be paying more in taxes are being disingenuous. They don't want to pay more, they just realize that there is a class war brewing, and they want to be liked throughout the "war" by the common people. By saying they should pay more, it makes them look like they understand our poor lives, and they really really want to help. They do not.

If the taxes were raised on them, they would pay about the same they pay now, they have so many more options to legally avoid paying taxes. And if they are sincere about wanting to pay more, then why the hell don't they just do so? They can either just pay, donate to the treasury, or they can file without all the tax breaks, and deductions, and take ONLY the standard deduction that every citizen receives, and pay the appropriate tax on their income. But obviously they do not want to pay more taxes!

OOPS! I was wrong the last time the US had no debt was 1836!