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who pays more taxes? percent-wise

Discussion in 'General political debates' started by Dogma264, Aug 28, 2010.

  1. Dogma264

    Dogma264Active Member Forum Member


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    Jun 29, 2010
     
    i am in a argument with my brother where i stated that the poor pay more taxs than the rich, the rich used to pay more before reagen and still could live in commodity but while aiding the poor, to tell you the truth i heard this in a documentary about the goverment that i forgot the title

    What i am searching is who pays more? but everywhere i go says that rich pay more DUH!

    I understand if you have more money you pay more but i wanna know who pays more %wise, if a poor makes $100 and $10 go to taxs he paid 10% tax, so does the rich man who makes $1000 pay $100? or more or less?
     

  2. nodz

    nodzExperienced Member Experienced member Forum Member


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    Apr 4, 2010
     
    Usually tax is paid on a sliding scales, in Australia the brakcets are
    i) $0 - $6000 - no tax
    ii) $6001 - $37000 - 15 cents per dollar over $6000
    iii) $37001 - $80000 - $4650 + 30 cents per dollar over $37000
    iv) $80001 - $180000 - $17550 + 37 cents per dollar over $80000
    iv) $180001 and over - $54550 + 45 cents per dollar over $180000

    If we take a median figure in each of the brackets, except the last because it is open ended, then the tax payed overall and percentage is as follows:

    i) Wage = $3000, Tax = Nil, 0%
    ii) Wage = $21,500, Tax = $3225, 15% tax overall
    iii) Wage = $58,500, Tax = $4650 + $6449, 19% tax overall
    iv) Wage = $130,000, Tax = 17550 + 18500, 28% tax overall

    So, in answer to your query, the sliding tax scale means than you pay more take as your wages increase (0, 15, 30, 37, 45 cents in the dollar for each bracket you fall into) but also as your wage increases you pay a greater amount of tax as a percentage of your total wage.
     
  3. Anxiety69

    Anxiety69Experienced Member Experienced member Forum Member


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    Oct 18, 2009
    Male, 42 years old
    Long Beach CA United States
    in an anarcho soicety, i say abolish all taxes.
     
  4. Wooly

    WoolyExperienced Member Experienced member Forum Member


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    May 24, 2010
     
    In an anarcho society, who are you going to pay taxes to anyway?
     
  5. ryan1980

    ryan1980Experienced Member Experienced member


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    Jul 9, 2010
     
    that made me lol. :lmao:
     
  6. Anxiety69

    Anxiety69Experienced Member Experienced member Forum Member


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    Oct 18, 2009
    Male, 42 years old
    Long Beach CA United States
    hmmm... the ghosts of corporate past? :)
     
  7. Wooly

    WoolyExperienced Member Experienced member Forum Member


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    May 24, 2010
     
    Who ya gonna call?
     
  8. Probe

    ProbeExperienced Member Experienced member Forum Member


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    Jan 30, 2010
     
    :lmao: :lmao: :lmao: :lmao: :lmao: :lmao: :lmao: :lmao:
     
  9. Kobac

    KobacExperienced Member Experienced member Forum Member


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    Nov 7, 2009
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    it doesn t matter who pays more when we re all dead anyway
     
  10. Anxiety69

    Anxiety69Experienced Member Experienced member Forum Member


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    Oct 18, 2009
    Male, 42 years old
    Long Beach CA United States
    real positive attitude, why dont u crawl under a rock now, sounds like you are only on this site to whine.
     
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