maxiep
RIP Dr. Jack
- Joined
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If this was the first day of taxation in our country, maybe you would have sort of an arguement here, but any extra tax on the wealthy at this point is merely a fractional return in the direction of balance. They have paid less and less and less and less. The poor have paid more and more and more and more. Reagan slashed the overall tax for the wealthiest by more than half and nearly doubled the median taxpayer's bill with his smoke and mirrors tax "reform". What followed was the largest deficit in American
The uber-wealthy in America have never paid a higher percentage in taxes than they used to. The graph has always gone the other way due to credits, deductions, write-offs, depreciation, loopholes, offshore accounts, outsourcing of jobs, foreign bases for American businesses, bribes, tax debt amnesties, tax fraud, healthcare deductions weighted in favor of the wealthy, excused property tax debt like the $45 million transfer of Facebook's Prineville property tax onto the backs of the mostly poor citizens.
You could double all taxes of any kind actually paid by the wealthy without affecting their absurdly lavish lifestyles at all.
They'd still be paying less than they were 50 years ago.
See, that's your problem. You spew complete crap and hope that it's true. Bad news. It's not.
The tax system has never been more progressive. Once the Bush Tax Cuts are repealed for those making over $150K, it's going to get worse.
http://usgovinfo.about.com/od/incometaxandtheirs/a/taxburden06.htm
