Should China raise taxes on the rich?
Australia currently has a progressive tax system whereby high income earners pay a higher percentage of tax than low income tax. A more progressive income tax system has been proposed as a tool towards reducing wealth inequality.
@8WT854Z3yrs3Y
Taxation shouldn't exist
@8NTZMWS3yrs3Y
Yes, but minimise it and prioritise tax evaders
@93ZP8QG2yrs2Y
Yes, but simply to ensure that the wealthy pay their fair share. It is absurd that major corporations, such as Amazon and Walmart, pay no or little federal income taxes, while the average American foots the bill. All existing tax loopholes for large corporations should be closed. This would generate sufficient revenue to fund education, healthcare, and social programs such as increased student loan forgiveness, paid family leave, and universal Pre-K.
@52YRS682yrs2Y
Yes, but only the extremely rich exceeding $200,000 a year and raise the tax brackets for those individuals while abolishing the income tax for all citizens making less.
Deleted2yrs2Y
No, reform to a flat tax, abolish all taxes except sales tax, and require payment/ tolls for use of federal services to make them self sustainable (roads, parks, postage, etc.). Tax collection funds services that can't charge (law enforcement, military, congress, etc.)
@heatherdvdprincess2yrs2Y
Reform to a flat tax, or a flat tax for income after poverty level, and raise poverty level to the amount of money needed for a reasonable standard of living for someone with average financial literacy.
Teach financial literacy in school. The lowest income I can consistently find people online living comfortably with is $7k, with some DIY skills.
Deleted2yrs2Y
Abolish the income tax, replace all federal taxes with a single LVT
@5Z8DMCG2yrs2Y
Focus on removing tax loopholes first.
@92JXK3J2yrs2Y
No, but stop the rich from exploiting loopholes to avoid taxes. If we are to lower taxes, especially for the poor, the rich must logically pick up some of the slack, but raising taxes is not the solution. Just ensure that the rich cannot avoid taxes.
@93RWDYB2yrs2Y
Abolish all taxes but LVT
@92JXK3J2yrs2Y
No, but stop the rich from exploiting loopholes to avoid taxes. If we are to lower taxes, especially for the poor, the rich must logically pick up some of the slack.
@924MYCK2yrs2Y
Yes, higher for the rich and lower for middle and low-income citizens, and eliminate loopholes so that they pay their fair share. Also, use the taxpayer money to fund social programs, infrastructure, etc.
@WhenDidISayThis2yrs2Y
Only for those making over $400k a year
@8T58M5P2yrs2Y
No, abolish the income tax and keep taxes on large corporations
@938PWY62yrs2Y
Tax the rich if you want, but the only tax hikes that matter are establishing commodity and public stock trade fees and raising corporate taxes.
@9375CJZ2yrs2Y
graduated tax percentage
@935ZDRY2yrs2Y
No, but only for the rich who have committed crimes or had shady business dealings
@9334YP32yrs2Y
No, taxation is theft and should be abolished entirely for all US citizens.
@92YHQCV2yrs2Y
Yes, and remove all existing tax loopholes for large corporations so they can start paying their fair share. After all, the Richer you are, the Higher your Taxes, and the Poorer you are, the Lower your Taxes, that's how it should work.
@88LK76J2yrs2Y
No and abolish taxation
@Blakers84312yrs2Y
No, Abolish Property taxes and lower state and federal income taxes
@92X5HLD2yrs2Y
No, and all taxes should be abolished
@92VBD9F2yrs2Y
No, unless they are getting rich illegally
@92RSHM92yrs2Y
yes, but it wouldn't change anything because the rich can become richer
@92QZ6L22yrs2Y
Yes, but do so by creating a VAT that would decrease economic inequality over time
@92QZ6L22yrs2Y
No, create a VAT that would decrease economic inequality over time
@92PWWFR2yrs2Y
It is pointless because they will find a loophole
@92P9ZPN2yrs2Y
yes we should tax the rich and lower the tax rate for the poor
@92NVQ272yrs2Y
I would say yes because due to the Covid, everybody's money is really not stable and especially the people who work with low paying job couldn't pay much taxes. However, the rich people can still able to live through this situation, the U.S. should raise taxes on them to give out those taxes rich people paid, donate to poor people and other stuff.
@92MTS9C2yrs2Y
Only base on Inflation.
@92JXK3J2yrs2Y
Lower Taxes on the poor and remove existing tax loopholes for large corporations.
@5BMM5HX2yrs2Y
Lower the rates and remove loopholes for big businesses and the rich.
Deleted2yrs2Y
Lower the income tax rate and remove all existing tax loopholes for large corporations but make sure everyone pays their fair share.
@929L7YP2yrs2Y
All tax brackets should pay 10% of income, therefore the rich and poor would not be drastically affected.
@92769392yrs2Y
Yes, but also lower taxes for the poor and remove all existing loopholes for large corporations.
@8ZSR5NL2yrs2Y
Yes, higher for the rich and lower for middle and low-income citizens, and eliminate all loopholes so that they pay their fair share. Also, use the taxpayer money to fund social programs, infrastructure, etc.
@8YWHYGD2yrs2Y
Yes, and remove all existing tax loopholes and deductions for the rich and corporations.
@92457QX2yrs2Y
Instead of raising the taxes, make sure the rich are paying for there taxes and not finding a lope hole.
@8ZYQ3FR2yrs2Y
no, but should all together just lower taxes
@ThomasJ2492yrs2Y
Abolish the income tax, disallow all deductions and increase the sales tax. Remove all existing tax loopholes for large corporations.
@8ZTJN9H2yrs2Y
No, but disallow all loopholes and deductions
Deleted2yrs2Y
Yes, higher for the rich and lower for middle and low-income citizens, and eliminate all loopholes so they pay their fair share. Also, use the money to fund social programs, infrastructure, etc.
@ThomasJ4762yrs2Y
Lower the income tax rate for those who do not make a lot and remove all existing tax loopholes for large corporations
@8ZLZHD92yrs2Y
Keep current rates but remove all deductions and loopholes for large corporations and entities.
Deleted2yrs2Y
Yes, higher for the rich and lower for middle and low-income citizens, and eliminate all loopholes so that they pay their fair share. Also, use the money to fund social programs, infrastructure, etc.
@8ZH59GG2yrs2Y
No, and abolish the income tax, disallow all deductions and increase the sales tax
@8ZGPKM92yrs2Y
no because it would be unfair i also wish for the taxes not be raised for people that are struggling and over all
@8ZGPK5D2yrs2Y
It depends how rich they are
@8ZGMFJG2yrs2Y
Yes, along with lower taxes for the poor.