Your belief that those who earn more should pay more is actually how it works. I am constantly astounded by the number of people who claim the rich aren't paying "their fair share" of taxes
Given that households with an annual income
of $150,000 pay approximately $31,000 (or more) in taxes, I don't understand how anyone can claim they aren't paying enough. After all, this is almost the average annual income
of many households.
What really should irk you is EIC
. It bothers me not in the sense that it is used to reduce the tax burden on the working poor
, but that it sometimes gives money back that was not paid in
It is no longer a refund
. The definition of refund
is the return of money paid for a service, product or to taxes
. It is not a "refund +", which is what EIC
ends up as for many people.
I don't mind paying my taxes
and I can even deal with the progressive taxation
system. But don't claim that I don't pay my fair share or argue that others should receive more than they put in.