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Surcharge on High Income Individuals

On page 197 Sec.59C of the HR3200, it states:
"(a) GENERAL RULE- In the case of a taxpayer other than a corporation, there is hereby imposed (in addition to any other tax imposed by this subtitle) a tax equal to-
(1) 1 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $350,000 but does not exceed $500,000.
(2) 1.5 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $500,000 but does not exceeds $1,000,000.
(3) 5.4 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $1,000,000.

According to this, do you think it's fair to say that stuff like this is motivation for America to be more lazy? To NOT want to succeed in life? I mean, it seems like now a days its easier and more affordable to live off the government. How is this fair?

 
Anonymous

Asked by Anonymous at 12:51 PM on Aug. 28, 2009 in Politics & Current Events

This question is closed.
Answers (11)
  • "You cannot help the poor by destroying the rich.

    You cannot strengthen the weak by weakening the strong.

    You cannot bring about prosperity by discouraging thrift.

    You cannot lift the wage earner up by pulling the wage payer down.

    You cannot further the brotherhood of man by inciting class hatred.

    You cannot build character and courage by taking away people's initiative and independence.

    You cannot help people permanently by doing for them what they could and should do for themselves.

    (I did not write this. Found it on a blog and thought it fit.)
    Imogen13

    Answer by Imogen13 at 3:18 PM on Aug. 28, 2009

  • Why should the wealthy, like Warren Buffet, pay a lower percentage of taxes than the rest of us?


    http://rawstory.com/news/2007/NBC_Warren_Buffett_wants_more_taxes_1030.html

    rkoloms

    Answer by rkoloms at 12:57 PM on Aug. 28, 2009

  • Why should the top 10 percent pay 80 percent of the taxes?
    Anonymous

    Answer by Anonymous at 1:13 PM on Aug. 28, 2009

  • I am a strong believer in FAIR TAX. The wealthy should pay no more taxes than the regular middle class person. I believe this IS holding people back from being successful in life and making the money they'd want to. What's the point in paying for years and years of schooling, landing a high paying job just to have half of it taken from you? If not more?
    BEXi

    Answer by BEXi at 1:13 PM on Aug. 28, 2009

  • I didn't see a suggestion that the wealthy pay a lower tax percentage.
    lvpenguino

    Answer by lvpenguino at 1:15 PM on Aug. 28, 2009

  • The top 10% pay 80% of your taxes. Now it is those same individuals who create jobs. People need to stop and think before they put down those considered rich. They are your boss.
    Scorpio359

    Answer by Scorpio359 at 1:16 PM on Aug. 28, 2009

  • Has anyone ever worked for a company that went bankrupted? Lay-offs are a bitch. Companies and people need to be able to create wealth. Wealth creates jobs. Poor people aren't buying cars, remodeling their homes, hiring maids and gardeners, buying new furniture, traveling and taking vacations, or buying art.
    mancosmomma

    Answer by mancosmomma at 1:31 PM on Aug. 28, 2009

  • I am worried about small business america...
    Do people realize HOW many small businesses pay tax? fiscal years? projected income? They FORWARD on their taxes. Most already pay at least 50% tax on their income.
    70% of new jobs in America come from small business.
    Many small business owners I know pay into 60% of their empoloyees healthcare. ObamaCARE (from what we were told by the Chamber of Commerce mtg.) will require them to pay 72%. Guess how many salaries what will NOT be saved or created? Their other option is to cancel their private coverage pay the penatly and make their employees switch to ObamaCare which will be LESS coverage options than what they receive now.
    grlygrlz2

    Answer by grlygrlz2 at 1:44 PM on Aug. 28, 2009

  • Poor Men and Women has never hired me to work for them. Only Rich ones have.
    TinasTribe

    Answer by TinasTribe at 3:01 PM on Aug. 28, 2009

  • BEAUTIFUL, Imogen13 !!

    Destroying the rich ...
    discouraging thrift ...
    pulling the wage payer down ...
    inciting class hatred ...
    taking away initiative & independence ...

    A wonderfully accurate summation of what liberal rhetoric and programs keep doing !
    waldorfmom

    Answer by waldorfmom at 4:37 PM on Aug. 28, 2009

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