Why Do Americans Pay More Taxes

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Almost all Americans pay taxes, but the amount and the type of the paid taxes are very different from a taxpayer to another depending on their incomes. Affluent Americans pay a larger share of their income in individual income taxes, corporate taxes, and estate taxes than lower-income groups. By contrast, lower-income groups owe a greater portion of their earnings for payroll taxes and excise taxes than those groups who are better-off (citation). Although we have discussed whether rich people should pay more taxes for a long time, we need a clear answer of why rich people should not pay more. Affluent Americans already pay a fair amount of taxes. the top one percent of American taxpayers still pay an effective tax rate of approximately 33.4%,…show more content…
In fact, those people try to exploit rich people and their money, which they earn by their hard work. The Tax Policy Center estimates that 69 percent of taxes collected in 2015 will come from those in the top quintile, or those earning an income above $138,265 annually. Within this group, the top one percent of income earners — those earning more than $709,166 in income per year — will contribute over a quarter of all federal revenues collected (citation). It obvious that rich Americans contribute enough to be fair and they don’t have to pay any more. To sum up, we should not tax high-income Americans more because they already share a fair amount of their incomes. They pay most of the income taxes and they must be powered in order to encourage them to invest more in their businesses, make innovations, and hire new employees. Affluent people are the most important category in the economy and we should not make them the victim of our lack. However, rich people are demanding to support charities which provide services for the community and poor
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