The rich pay _less_ of their disposable income than anyone else does. Including those who pay NO income tax (because most of them pay plenty of OTHER taxes).

This is exactly what John Kerry did when he bought a yatch and mored it in a differing state that his own. Cheaper taxes!!!!!

I guarantee that a deal will be struck at the last minute, and trust me. The devil is in the details that no one will like. Both Democrats and Republicans don’t’ want the public to see their outlandish spending habits that are nothing but buying votes for the next election. Both are guilty of ridiculous spending. I hope we do go off the Financial Cliff and let America learn and develop better spending habits. Trouble is, we keep electing the same people and expect different results.

The FACTS SHOW those so-called "wealthy" already pay the bulk of all Federal taxes collected.... everyone talks about a "fair share", but then simply ignore the nearly 50% in American that pay NO Federal income taxes at all- mep

We've been over that.

They pay no income tax because of the tax policies Reagan pushed in 1986 and Gingrich passed through congress in the 90s.

Why are you suddenly mad about what the republicans pushed through just because a democrat is in office?

But really, read the link I posted so you can learn what the marginal value of a dollar means too...

The rich pay _less_ of their disposable income than anyone else does. Including those who pay NO income tax (because most of them pay plenty of OTHER taxes).

Who cares how much the rich HAVE. The rich are now paying twice their "share" to the government- M-Man

No, they aren't.

They're paying LESS than they have, ever, in your lifetime.

Why do republicans not understand numbers?

BTW, I _hate_ big government and think FDR about ruined this country.

But I can also do math.

I'd LOVE to see a LOT of government cuts. But we _also_ need increased revenues.

Rep. Lacy Clay, D-Mo., said, "If the people don't want it and they don't want to use it," she said, "why in the world are we even talking about changing it?" She said this about doing away with the dollar bill and changing to a dollar coin. Wonder why they did not use this logic with obama care and now with the obama economy about to go over the cliff. Do we use pelosi's logic, let it crash and we will find out what is in afterwards????

I'm just shocked that there is so many that don't have a clue at to how our taxes are collected and spent.

You just earned a Gold Star for the dumbest comment of the day. Congrats!

agreed it makes on sense, 2012? pick and choose. Georgia and West Va voted for Mondale, swing and a miss.

junkmail5, you are a true big government lemming that looks at the economy as a fixed sized pie that has to be divied up in politically correct manner. Who cares how much the rich HAVE. The rich are now paying twice their "share" to the government in support of its ever increasing wasteful spending compared to before. How great of a share should "rich people" be forced to contribute compared to "non rich" to keep government going? 100% ??

"I'm sorry, but if you're making $260,000, another $390 in tax isn't a huge burden." hp27

Let's ignore the fact that no one except the person who earns the money has a say in whether it's needed or how it's used.

Today the cutoff is $250k. You don't think it's going to remain $250k once it's passed, do you? Did you notice that in 2014, the penalty for no health ins is $95; in 2016, it's $695.

This is what's so easy to lose sight of. Once any tax is passed, it will rise.

Why can't the Democrats concede that they can't cut one lousy cent from the debt without cutting spending ! Just adding taxation , even raising the top bracket , will not put a dent in a trillion dollar plus yearly debt . Freebies continue to drain our nation ( food stamps ,welfare , Medicaid , etc . ) . We cannot continue to foot the bill for around fifty percent of a nation not working and paying their own way .

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