Comments on: Should the wealthiest 2% of Americans pay higher taxes? http://yrimc.com/blog/2009/02/26/should-the-wealthiest-2-of-americans-pay-higher-taxes/ By Professor Yelenna Rondon, MSIM, CFA. Fri, 13 May 2011 04:24:07 +0000 http://wordpress.org/?v=2.8.4 hourly 1 By: Cliff Vaz http://yrimc.com/blog/2009/02/26/should-the-wealthiest-2-of-americans-pay-higher-taxes/comment-page-1/#comment-615 Cliff Vaz Wed, 06 May 2009 02:00:08 +0000 http://yrimc.com/blog/?p=102#comment-615 Just adding so to clarify my point: Everyone should be taxed the same. It only seems unfair to the less wealthy. If you want to make more money, do it! The situation is not as hopeless as you might think it is. One day you could be one of the "wealthy" ones wondering why you're being penalized for achieving in life. P.S. I'm a broke college student and still feel that way! Just adding so to clarify my point: Everyone should be taxed the same. It only seems unfair to the less wealthy. If you want to make more money, do it! The situation is not as hopeless as you might think it is. One day you could be one of the “wealthy” ones wondering why you’re being penalized for achieving in life. P.S. I’m a broke college student and still feel that way!

]]> By: Cliff Vaz http://yrimc.com/blog/2009/02/26/should-the-wealthiest-2-of-americans-pay-higher-taxes/comment-page-1/#comment-614 Cliff Vaz Wed, 06 May 2009 01:55:20 +0000 http://yrimc.com/blog/?p=102#comment-614 Wow, after reading all the wonderful comments I only have a couple things to say. First, I am going to be one of those "rich" people sitting in the higher bracket of wealth one day. I grew up, one of five boys, in Dorchester. My father and mother moved here from Portugal in 1975 w/ nothing. My father worked for the same flooring company for 35 years and just retired a few months ago. His hard work over the years is a classic example of the "American Dream." The reason I'm pointing this out is to remind some of you that back in the 80's the percentage of taxes taken out of someone's check was substantially higher than it is today. He as well as many other "average joe's" managed to pull through! "Stop Complaining" Right now I'm not in that high wealth bracket but I still don't believe that they should be taxed more. I believe that for the most part, the people who approve of this should look elsewhere to try to stabilize the economy. Wow, after reading all the wonderful comments I only have a couple things to say. First, I am going to be one of those “rich” people sitting in the higher bracket of wealth one day. I grew up, one of five boys, in Dorchester. My father and mother moved here from Portugal in 1975 w/ nothing. My father worked for the same flooring company for 35 years and just retired a few months ago. His hard work over the years is a classic example of the “American Dream.” The reason I’m pointing this out is to remind some of you that back in the 80’s the percentage of taxes taken out of someone’s check was substantially higher than it is today. He as well as many other “average joe’s” managed to pull through! “Stop Complaining”
Right now I’m not in that high wealth bracket but I still don’t believe that they should be taxed more. I believe that for the most part, the people who approve of this should look elsewhere to try to stabilize the economy.

]]> By: Ashley Rocca http://yrimc.com/blog/2009/02/26/should-the-wealthiest-2-of-americans-pay-higher-taxes/comment-page-1/#comment-603 Ashley Rocca Tue, 05 May 2009 01:51:58 +0000 http://yrimc.com/blog/?p=102#comment-603 Coming from a lower middle class family who can barely pay for taxes, I believe that the wealthiest 2% should be taxed higher. It doesn't make since for people who cannot afford it to be taxed a lot so I feel that the wealthiest should be taxed more. And hopefully by doing this the economy will stabilize. Coming from a lower middle class family who can barely pay for taxes, I believe that the wealthiest 2% should be taxed higher. It doesn’t make since for people who cannot afford it to be taxed a lot so I feel that the wealthiest should be taxed more. And hopefully by doing this the economy will stabilize.

]]> By: Michael Ross http://yrimc.com/blog/2009/02/26/should-the-wealthiest-2-of-americans-pay-higher-taxes/comment-page-1/#comment-581 Michael Ross Fri, 01 May 2009 16:06:27 +0000 http://yrimc.com/blog/?p=102#comment-581 I would also liek to defend the side for people who believe that the welathiest 2% should be taxed higher. The wealthiest people in the world obviously do have enough mopney to afford a slight increase in taxes. Don't forget they already do get taxed higher than average people. I beleive this queston is asking should they be taxed even higher then they already are. So should they have an increase, maybe, if it means less money from most people. But the welathiest 2% are already gettign taxed hgiher then us so to keep going to them to bail the country out when in need of money seems a little bit unfair. I guess i couldnt really argue the otherside as well as i thought. I would also liek to defend the side for people who believe that the welathiest 2% should be taxed higher. The wealthiest people in the world obviously do have enough mopney to afford a slight increase in taxes. Don’t forget they already do get taxed higher than average people. I beleive this queston is asking should they be taxed even higher then they already are. So should they have an increase, maybe, if it means less money from most people. But the welathiest 2% are already gettign taxed hgiher then us so to keep going to them to bail the country out when in need of money seems a little bit unfair. I guess i couldnt really argue the otherside as well as i thought.

]]> By: John Devlin http://yrimc.com/blog/2009/02/26/should-the-wealthiest-2-of-americans-pay-higher-taxes/comment-page-1/#comment-560 John Devlin Fri, 01 May 2009 03:05:53 +0000 http://yrimc.com/blog/?p=102#comment-560 yes i believe that they should be taxed more cause they are more welthy and they have the money to give up. if they have all of that money they can replenish all of it quicker then we could. yes i believe that they should be taxed more cause they are more welthy and they have the money to give up. if they have all of that money they can replenish all of it quicker then we could.

]]> By: Lauren LaCommare http://yrimc.com/blog/2009/02/26/should-the-wealthiest-2-of-americans-pay-higher-taxes/comment-page-1/#comment-556 Lauren LaCommare Fri, 01 May 2009 02:50:27 +0000 http://yrimc.com/blog/?p=102#comment-556 I dont believe that the top 2% of americans should pay more in taxes. Charging them more would discourage them from working more because why should they work more to have more money taken out. also the top 2% of americans are usually owners of businesses who employ others. by increasing there taxes it is going to cause them to potentially make cut backs and letting some of their employees go, to keep their salary up. I dont believe that the top 2% of americans should pay more in taxes. Charging them more would discourage them from working more because why should they work more to have more money taken out.

also the top 2% of americans are usually owners of businesses who employ others. by increasing there taxes it is going to cause them to potentially make cut backs and letting some of their employees go, to keep their salary up.

]]> By: Chris Marino http://yrimc.com/blog/2009/02/26/should-the-wealthiest-2-of-americans-pay-higher-taxes/comment-page-1/#comment-555 Chris Marino Fri, 01 May 2009 02:39:44 +0000 http://yrimc.com/blog/?p=102#comment-555 I dont think that the wealthiest 2% should be taxed for some of the same reasons that were said above. The wealthy 2% would be the people that are employing the rest of the country. They should not be penalized for succeeding in life and employing the majority of the nation but they should instead get some sort of a break for their contribution to the people. If it wasnt for them unemloyment would have been an issue long before now. I dont think that the wealthiest 2% should be taxed for some of the same reasons that were said above. The wealthy 2% would be the people that are employing the rest of the country. They should not be penalized for succeeding in life and employing the majority of the nation but they should instead get some sort of a break for their contribution to the people. If it wasnt for them unemloyment would have been an issue long before now.

]]> By: John Shaw http://yrimc.com/blog/2009/02/26/should-the-wealthiest-2-of-americans-pay-higher-taxes/comment-page-1/#comment-527 John Shaw Wed, 29 Apr 2009 23:37:57 +0000 http://yrimc.com/blog/?p=102#comment-527 I think it is something we should look into. Not that we all don't pay enough as it is in taxes. I think much like a soldier, if I were that rich, I would gladly give up extra money to help stable the economy for the rest of the country. Sure you might not have enough to by another Lamborghini this year aw so sad!!! Considering those who make that much are probably many responsible for this in the first place but what do I know. There is a reason behind that line "The rich get Richer" because a lot of them do what it takes to get that extra dime out of us. Greed. Thats what this country is built on. But like I said I'd gladly give up a little extra to help stabalize the economy. As long as I can go out once or twice a week, pay all my bills, there is no care in the world. No need for a huge TV in every room, a car for every day of the week, etc. I hate those people that make that much and there is like 2 of them yet they have 50 rooms. "Oh I'm rich im supposed to have that much room" Sure a lot of them worked hard to be where they are , but also probably stepped on people to get there and probably to this day are doing so. Those who have more money should pay more. But I also don't believe that 50% of Americans should support the other half as we are doing RIGHT NOW. For what, to win the electoral votes next year? Let the lazy people, the foreign illegal aliens, be supported so we show compassion and let the lazy people not pay taxes. I'm sure their are other factors but there are people we are supporting that don't deserve it all. NO WAY should 50% be taken care of and not have to pay taxes, doubling what us hard workers do. EVERYONE should pay taxes that way it is more divided, much easier to pay for us all. I think it is something we should look into. Not that we all don’t pay enough as it is in taxes. I think much like a soldier, if I were that rich, I would gladly give up extra money to help stable the economy for the rest of the country. Sure you might not have enough to by another Lamborghini this year aw so sad!!! Considering those who make that much are probably many responsible for this in the first place but what do I know. There is a reason behind that line “The rich get Richer” because a lot of them do what it takes to get that extra dime out of us. Greed. Thats what this country is built on. But like I said I’d gladly give up a little extra to help stabalize the economy. As long as I can go out once or twice a week, pay all my bills, there is no care in the world. No need for a huge TV in every room, a car for every day of the week, etc. I hate those people that make that much and there is like 2 of them yet they have 50 rooms. “Oh I’m rich im supposed to have that much room” Sure a lot of them worked hard to be where they are , but also probably stepped on people to get there and probably to this day are doing so. Those who have more money should pay more. But I also don’t believe that 50% of Americans should support the other half as we are doing RIGHT NOW. For what, to win the electoral votes next year? Let the lazy people, the foreign illegal aliens, be supported so we show compassion and let the lazy people not pay taxes. I’m sure their are other factors but there are people we are supporting that don’t deserve it all. NO WAY should 50% be taken care of and not have to pay taxes, doubling what us hard workers do. EVERYONE should pay taxes that way it is more divided, much easier to pay for us all.

]]> By: Andrea Rovedo http://yrimc.com/blog/2009/02/26/should-the-wealthiest-2-of-americans-pay-higher-taxes/comment-page-1/#comment-496 Andrea Rovedo Tue, 28 Apr 2009 00:06:32 +0000 http://yrimc.com/blog/?p=102#comment-496 I agree with Bianca. Why shouldn't they get taxed higher. They have more money then we do and more many then we may ever have. I hate hearing the rich people cry because the economy is down. I think the average american is in more trouble then they are and they go about their daily lives. Yes they may have to sell their 25,000,000 dollar home but seriously...you don't need it. I believe everything should be fair and that everyone should feel the effect of the economic crisis. I agree with Bianca. Why shouldn’t they get taxed higher. They have more money then we do and more many then we may ever have. I hate hearing the rich people cry because the economy is down. I think the average american is in more trouble then they are and they go about their daily lives. Yes they may have to sell their 25,000,000 dollar home but seriously…you don’t need it. I believe everything should be fair and that everyone should feel the effect of the economic crisis.

]]> By: Bianca LeBranti http://yrimc.com/blog/2009/02/26/should-the-wealthiest-2-of-americans-pay-higher-taxes/comment-page-1/#comment-444 Bianca LeBranti Tue, 21 Apr 2009 14:36:45 +0000 http://yrimc.com/blog/?p=102#comment-444 Yes the wealthiest 2 % should pay higher taxes. First of all why wouldn't they? If your making more money you should pay more taxes. Instead our government takes money from people that are barley making enough money to get buy. President Obama is trying to finally make things fair among everyone. I believe that just becasue your making a certain amount of money you should not be getting any breaks. If you are making 250,000 + why would you need a tax break. You have enough money to live comfortably. Many of these executives that are getting the tax breaks that are making 250,000 + aren't counting the bonuses and the incentives that they also recieve. I don't think that we should raise taxes forever, but we are currently in an economic crisis and I believe that everyone has to take a bit of a pay cut and help our country to getting back to normal. Yes the wealthiest 2 % should pay higher taxes. First of all why wouldn’t they? If your making more money you should pay more taxes. Instead our government takes money from people that are barley making enough money to get buy. President Obama is trying to finally make things fair among everyone. I believe that just becasue your making a certain amount of money you should not be getting any breaks. If you are making 250,000 + why would you need a tax break. You have enough money to live comfortably. Many of these executives that are getting the tax breaks that are making 250,000 + aren’t counting the bonuses and the incentives that they also recieve. I don’t think that we should raise taxes forever, but we are currently in an economic crisis and I believe that everyone has to take a bit of a pay cut and help our country to getting back to normal.

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