Quote:
Originally Posted by StandinStraight
So what you are actually saying is that you feel you don’t pay enough in taxes and should have your deductions taken away and instead the wealthy should be given a tax break on their fortunes? Is that really what most of you morons think?
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What i am saying is ALL THIS Bull shit about "The rich don't pay their fair share" is total bupkiss.. THEY PAY MORE THAN THEIR fair share.. While a large chunk of society pays little to nothing..
That is why i would mUCH prefer a FLAT TAX system, no deductions, no credits, no loopholes, no nothing. EVERYONE PAYS..
Quote:
Originally Posted by WTF
Why?
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From my time in the mil, i got to know a # of people who 'Owned a lot via land and machinery/property, but Financially (Liquid assets) were considered poor.. THEIR grand parent paid taxes on that property all their life, paid income taxes on it when they worked, payroll taxes and all the rest. THEN So did their parents when they took over BEFORE the grandparents died off (SO no estate taxes had to be paid).. BUT cause THEY were in the mil, when their parents died, and so INHERITED it, they had BOOKOU estate taxes to pay out, making it to where AFTER THEY SOLD OFF enough to cover the taxes, they barely had anything they owned left..
Basically Cause of the estate taxes, THEY HAD NO ESTATE LEFT to call their own after paying the taxes.. AND THAT's after 50+ Years of taxes being paid on it all by their parents and grand parents...
Quote:
Originally Posted by WTF
Maybe they should tax your ignorance and pay off the national debt.
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If that was teh case You should be owing a couple of billion!