Being middle-class can be taxing

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This topic contains 4 replies, has 5 voices, and was last updated by  PM 3 years, 2 months ago.

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  • #10935

    Dan-M27341
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    Why does the middle class pay more taxes than the upper class?
    Original Code C12. Click here to see responses from the original archives.

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    Name : Dan-M27341, Gender : M, City : Lawrence, State : KS Country : United States, 
    #35796

    Julia
    Member

    The middle class pay more taxes because most people fall into this category. It’s the biggest earner for the government.

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    Name : Julia, Gender : F, Sexual Orientation : Straight, Race : White/Caucasian, Religion : Catholic, Age : 29, City : London, State : NA Country : United Kingdom, Occupation : Admininstrator, Education level : Technical School, 
    #26693

    Smith
    Participant

    Your assumption that the middle class pay more taxes than the upper class is wrong. The top 5 percent (those earning more than $96,000) pay 48.8 percent of all taxes. Considering that they earn only 28 percent of the nation’s income, this doesn’t seem very fair.

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    Name : Smith, Gender : M, Sexual Orientation : Straight, Race : White/Caucasian, Age : 14, City : Panam City, State : FL Country : United States, Occupation : student, Education level : Less than High School Diploma, Social class : Middle class, 
    #14066

    Dewana
    Participant

    Most politicians are in the upper class, so tax laws are made to better suit them. They can then stay rich and in charge, while the lower class can stay poorer and have less power.

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    Name : Dewana, Gender : F, Race : Black/African American, Age : 21, City : Spokane, State : WA Country : United States, Occupation : Millitary, Education level : High School Diploma, Social class : Lower middle class, 
    #39578

    PM
    Member

    Keep in mind the Upper Income Level Class stops paying social security tax in the U.S. after their income hits $97,500. Social Security tax is the most substantial tax of personal income at 6.2%. I believe that was the point of the original author. Those with more money and a better position in life have the power to vote in their favor. There are many ways as a self employed person to prepare your tax returns to take advantage of tax breaks. If you think otherwise you are misinformed and/or have an ignorant accountant. Big business get all the breaks. Small business has less opportunity along with the lower income masses.

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    Name : PM, Gender : F, Sexual Orientation : Straight, Race : White/Caucasian, Religion : Catholic, Age : 48, City : Dearborn, State : MI Country : United States, Occupation : Financial, Education level : 2 Years of College, Social class : Middle class, 
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