Do The Rich Pay Their Fair Share?

Editorial by Lee Ohanian, Professor of Economics at UCLA

Here's a question you're likely to hear whenever the subject of taxes comes up: Do the rich pay their fair share?

There are two parts to this question:

Who is rich?

And, what is fair?

Let's start with who is rich:

Nearly everyone assumes that a person who is among the top ten percent of all income earners qualifies as rich.

But according to 2011 data, a top ten percent household makes around $150,000 or above in gross annual income -- that's income before deductions and taxes. Now, $150,000 is a nice living, but it certainly doesn't make you rich.

OK, then. What about the top 5%?

You get into this percentile if your household makes around $190,000 or above. That's a nice bump. But it hardly puts you in the rich category.

How about the top 1%? That's $500,000 or above. A great income, but remember, most people only get to that level after many years of hard work and, quite possibly, the accumulation of serious debt to fund their education or build their business.

Of course, there are people who make more than $500,000. And there are some who make many millions, even billions. But the number who do is very small.

Now, let's talk about fair.

Fair would seem be that the group of taxpayers who earn 10% of the country's income would pay 10% of the country's taxes; the group who earned 20% would pay 20% of the taxes and so on.

But what If I told you that, according to IRS data, the top 10% of all earners -- the people making $150,000 and above -- pay 71% of all federal income tax while earning only 43% of all income.

If anything, the top ten percent pay more than their fair share.

So, as it happens, do the much reviled top 1%. They earn 17 percent of all income, but pay 37% of all federal income taxes.

And what about those at the other end of the income scale, the lower earners? Are we squeezing them? Hardly. Those who make $45,000 or less, 47% of all earners, pay little and often no income taxes.

Ah, but what about payroll taxes -- the money we pay to fund Social Security and Medicare? That takes a bigger bite of the paycheck of lower earners than higher earners. Isn't that unfair?

Consider two points:

First, it's misleading to call the Payroll Tax a tax. It's really an insurance payment that guarantees we receive social security and Medicare after we turn 65.

Second, the benefits we receive from Social Security are capped, no matter how much we have paid in. This means that the payroll taxes of high earners actually help subsidize the social security and Medicare benefits that low earners receive at retirement.

How do all these numbers stack up against other countries?

The US income tax system is substantially more progressive - meaning that income tax rates rise as income rises -- than other advanced countries, including Germany and Sweden.

So, if you think that our tax system is unfair because it coddles high earners, then you must conclude that tax systems in these other countries are even more unfair.

So how high are tax rates on Americans today? Well, throw in federal tax increases mandated in 2013 and state taxes, and top earners face a tax rate of more than 50 per cent in California and New York. Other states like Maryland and Connecticut are not far behind. Do you think a tax rate of greater than 50% is fair? If so, is there any rate that wouldn't be?

Nobody is calling for bake sales for anyone in the top ten percent of earners. And no one wants to minimize the struggles of those at the lower income strata. But to say the "rich," however you might define them, don't pay their fair share is simply wrong.

Finally, numerous academic studies, including ones that I have done, show that when tax rates are too high, investment, risk taking by entrepreneurs, and therefore job creation all decline. And when that happens it's the poor who suffer, not the rich. The rich do fine.

It may feel good to take even more money from the top ten percent, but it doesn't do good. And it sure isn't fair.

- Lee Ohanian, Professor of Economics at UCLA
How about Trump? Does he pay his fair share? Turns out no. Now were you lying or just ignorant of what's really going on?

If a person invests, loses money, and qualifies for a tax loss carry forwards, according to the Code in 1995 and probably today, that person pays his/her fair share. Fair Share is not an arbitrary, dynamic number that a bunch of elite wealthy liberals get to decide.
"Fair Share" only means "More", that's it. Therefore, no matter how much the wealthy pay, they're never paying their "fair share".

One day you're denying they dodge taxes and the next day your nominee is exhibit a that they are dodging taxes.

New York Attorney General Orders Trump Foundation To Halt Activity | Huffington Post

Just like Trump is best to close the loopholes because he has taken advantage of them, Trump must know the Clinton foundation is shady because he assumes it is like the Trump Foundation.
dodging taxes? :lmao::lmao::lmao::lmao::lmao::lmao::lmao:I hadn't heard that one yet. following tax laws is now dodging. :lmao::lmao::lmao::lmao::lmao::lmao::lmao::lmao::lmao:

BTW, do you take deductions? let's see how hypocritical you are.
 
Editorial by Lee Ohanian, Professor of Economics at UCLA

Here's a question you're likely to hear whenever the subject of taxes comes up: Do the rich pay their fair share?

There are two parts to this question:

Who is rich?

And, what is fair?

Let's start with who is rich:

Nearly everyone assumes that a person who is among the top ten percent of all income earners qualifies as rich.

But according to 2011 data, a top ten percent household makes around $150,000 or above in gross annual income -- that's income before deductions and taxes. Now, $150,000 is a nice living, but it certainly doesn't make you rich.

OK, then. What about the top 5%?

You get into this percentile if your household makes around $190,000 or above. That's a nice bump. But it hardly puts you in the rich category.

How about the top 1%? That's $500,000 or above. A great income, but remember, most people only get to that level after many years of hard work and, quite possibly, the accumulation of serious debt to fund their education or build their business.

Of course, there are people who make more than $500,000. And there are some who make many millions, even billions. But the number who do is very small.

Now, let's talk about fair.

Fair would seem be that the group of taxpayers who earn 10% of the country's income would pay 10% of the country's taxes; the group who earned 20% would pay 20% of the taxes and so on.

But what If I told you that, according to IRS data, the top 10% of all earners -- the people making $150,000 and above -- pay 71% of all federal income tax while earning only 43% of all income.

If anything, the top ten percent pay more than their fair share.

So, as it happens, do the much reviled top 1%. They earn 17 percent of all income, but pay 37% of all federal income taxes.

And what about those at the other end of the income scale, the lower earners? Are we squeezing them? Hardly. Those who make $45,000 or less, 47% of all earners, pay little and often no income taxes.

Ah, but what about payroll taxes -- the money we pay to fund Social Security and Medicare? That takes a bigger bite of the paycheck of lower earners than higher earners. Isn't that unfair?

Consider two points:

First, it's misleading to call the Payroll Tax a tax. It's really an insurance payment that guarantees we receive social security and Medicare after we turn 65.

Second, the benefits we receive from Social Security are capped, no matter how much we have paid in. This means that the payroll taxes of high earners actually help subsidize the social security and Medicare benefits that low earners receive at retirement.

How do all these numbers stack up against other countries?

The US income tax system is substantially more progressive - meaning that income tax rates rise as income rises -- than other advanced countries, including Germany and Sweden.

So, if you think that our tax system is unfair because it coddles high earners, then you must conclude that tax systems in these other countries are even more unfair.

So how high are tax rates on Americans today? Well, throw in federal tax increases mandated in 2013 and state taxes, and top earners face a tax rate of more than 50 per cent in California and New York. Other states like Maryland and Connecticut are not far behind. Do you think a tax rate of greater than 50% is fair? If so, is there any rate that wouldn't be?

Nobody is calling for bake sales for anyone in the top ten percent of earners. And no one wants to minimize the struggles of those at the lower income strata. But to say the "rich," however you might define them, don't pay their fair share is simply wrong.

Finally, numerous academic studies, including ones that I have done, show that when tax rates are too high, investment, risk taking by entrepreneurs, and therefore job creation all decline. And when that happens it's the poor who suffer, not the rich. The rich do fine.

It may feel good to take even more money from the top ten percent, but it doesn't do good. And it sure isn't fair.

- Lee Ohanian, Professor of Economics at UCLA
How about Trump? Does he pay his fair share? Turns out no. Now were you lying or just ignorant of what's really going on?


BREAKING: HILLARY PAYS NO TAXES... SPREAD THIS ABSOLUTELY EVERYWHERE PATRIOTS
Snopes the source you are providing and the three things you find are all false/lies.

So Hillary does pay her fair share. Nice try liar. I guess you don't care what it takes to get Trump elected. Ok Omarosa.

Turn on your television and listen. It's all over the news.
 
The middle class pays the highest percentage of their income to taxation. So, obviously the wealthy are not paying their fair share.
you look at it wrong.
There is a set amount of debt in this country, there are a set amount of working age people in this country, divide the debt by the people and you find out what a fair share is. Now, the rich most likely cover that amount each year, yet those that make less than 100k do not.
So who is paying a fair share.
 
The middle class pays the highest percentage of their income to taxation. So, obviously the wealthy are not paying their fair share.
you look at it wrong.
There is a set amount of debt in this country, there are a set amount of working age people in this country, divide the debt by the people and you find out what a fair share is. Now, the rich most likely cover that amount each year, yet those that make less than 100k do not.
So who is paying a fair share.
If there are legal loopholes that allow GE and trump and thousands of other companies to pay virtually no taxes, that's not fair or right.

We aren't knocking trump for taking advantage of the unfair tax code, were knocking the unfair tax code.

Now you double talking Republicans say trumps gonna fix the tax code so the rich and corporations start paying their fair share or are you saying they currently already pay their fair share? Make up your mind
 
The middle class pays the highest percentage of their income to taxation. So, obviously the wealthy are not paying their fair share.
you look at it wrong.
There is a set amount of debt in this country, there are a set amount of working age people in this country, divide the debt by the people and you find out what a fair share is. Now, the rich most likely cover that amount each year, yet those that make less than 100k do not.
So who is paying a fair share.
Self made rich people don't mind a progressive tax system in fact we've always had a progressive tax.

Bush changed that big time. I bet even bill Clinton gave the rich tax breaks. And trump wants to give the rich more. Meanwhile they've never been richer and the middle class is struggling. You're breaking the social contract. Changing the rules now that you got yours

Fuck rolling back the bush tax breaks let's roll back the Reagan cuts
 
There is income and then there is taxable income. Those wishing to simplify taxes always talk about streamlining rates, but rates are just numbers in a table. The real cause for the bloated tax laws is in the defining what is income and which bucks get preferential treatment.
 
The middle class pays the highest percentage of their income to taxation. So, obviously the wealthy are not paying their fair share.
you look at it wrong.
There is a set amount of debt in this country, there are a set amount of working age people in this country, divide the debt by the people and you find out what a fair share is. Now, the rich most likely cover that amount each year, yet those that make less than 100k do not.
So who is paying a fair share.
If there are legal loopholes that allow GE and trump and thousands of other companies to pay virtually no taxes, that's not fair or right.

We aren't knocking trump for taking advantage of the unfair tax code, were knocking the unfair tax code.

Now you double talking Republicans say trumps gonna fix the tax code so the rich and corporations start paying their fair share or are you saying they currently already pay their fair share? Make up your mind

I don't believe you heard a Republican use the words "fair share" ---- that's Dem speak for steal money from somebody who earned it and give it to somebody who didn't.
 
The middle class pays the highest percentage of their income to taxation. So, obviously the wealthy are not paying their fair share.
you look at it wrong.
There is a set amount of debt in this country, there are a set amount of working age people in this country, divide the debt by the people and you find out what a fair share is. Now, the rich most likely cover that amount each year, yet those that make less than 100k do not.
So who is paying a fair share.
If there are legal loopholes that allow GE and trump and thousands of other companies to pay virtually no taxes, that's not fair or right.

We aren't knocking trump for taking advantage of the unfair tax code, were knocking the unfair tax code.

Now you double talking Republicans say trumps gonna fix the tax code so the rich and corporations start paying their fair share or are you saying they currently already pay their fair share? Make up your mind

I don't believe you heard a Republican use the words "fair share" ---- that's Dem speak for steal money from somebody who earned it and give it to somebody who didn't.
A long time ago the rich decided a progressive tax was fair. The rich pay more to make up for the poor. It wasn't poor people who decided to do this. The rich and corporations funded schools and roads and infrastructure. It allowed poor people to become middle class and allowed middle class to get rich.

You worry about stealing money from rich people who became rich under a progressive tax system.

But greedy rich people aka Republicans want to remove the ladder now that they've climbed it. Do you understand what I mean?
 
Editorial by Lee Ohanian, Professor of Economics at UCLA

Here's a question you're likely to hear whenever the subject of taxes comes up: Do the rich pay their fair share?

There are two parts to this question:

Who is rich?

And, what is fair?

Let's start with who is rich:

Nearly everyone assumes that a person who is among the top ten percent of all income earners qualifies as rich.

But according to 2011 data, a top ten percent household makes around $150,000 or above in gross annual income -- that's income before deductions and taxes. Now, $150,000 is a nice living, but it certainly doesn't make you rich.

OK, then. What about the top 5%?

You get into this percentile if your household makes around $190,000 or above. That's a nice bump. But it hardly puts you in the rich category.

How about the top 1%? That's $500,000 or above. A great income, but remember, most people only get to that level after many years of hard work and, quite possibly, the accumulation of serious debt to fund their education or build their business.

Of course, there are people who make more than $500,000. And there are some who make many millions, even billions. But the number who do is very small.

Now, let's talk about fair.

Fair would seem be that the group of taxpayers who earn 10% of the country's income would pay 10% of the country's taxes; the group who earned 20% would pay 20% of the taxes and so on.

But what If I told you that, according to IRS data, the top 10% of all earners -- the people making $150,000 and above -- pay 71% of all federal income tax while earning only 43% of all income.

If anything, the top ten percent pay more than their fair share.

So, as it happens, do the much reviled top 1%. They earn 17 percent of all income, but pay 37% of all federal income taxes.

And what about those at the other end of the income scale, the lower earners? Are we squeezing them? Hardly. Those who make $45,000 or less, 47% of all earners, pay little and often no income taxes.

Ah, but what about payroll taxes -- the money we pay to fund Social Security and Medicare? That takes a bigger bite of the paycheck of lower earners than higher earners. Isn't that unfair?

Consider two points:

First, it's misleading to call the Payroll Tax a tax. It's really an insurance payment that guarantees we receive social security and Medicare after we turn 65.

Second, the benefits we receive from Social Security are capped, no matter how much we have paid in. This means that the payroll taxes of high earners actually help subsidize the social security and Medicare benefits that low earners receive at retirement.

How do all these numbers stack up against other countries?

The US income tax system is substantially more progressive - meaning that income tax rates rise as income rises -- than other advanced countries, including Germany and Sweden.

So, if you think that our tax system is unfair because it coddles high earners, then you must conclude that tax systems in these other countries are even more unfair.

So how high are tax rates on Americans today? Well, throw in federal tax increases mandated in 2013 and state taxes, and top earners face a tax rate of more than 50 per cent in California and New York. Other states like Maryland and Connecticut are not far behind. Do you think a tax rate of greater than 50% is fair? If so, is there any rate that wouldn't be?

Nobody is calling for bake sales for anyone in the top ten percent of earners. And no one wants to minimize the struggles of those at the lower income strata. But to say the "rich," however you might define them, don't pay their fair share is simply wrong.

Finally, numerous academic studies, including ones that I have done, show that when tax rates are too high, investment, risk taking by entrepreneurs, and therefore job creation all decline. And when that happens it's the poor who suffer, not the rich. The rich do fine.

It may feel good to take even more money from the top ten percent, but it doesn't do good. And it sure isn't fair.

- Lee Ohanian, Professor of Economics at UCLA
How about Trump? Does he pay his fair share? Turns out no. Now were you lying or just ignorant of what's really going on?

Yes he does, he takes out every legal deduction the government allows. Why is it wrong for him to take the legal deductions? Warren Buffett and Bill and Hillary take every deduction allowed by law and pay a lower tax percentage than you or I.
 
Editorial by Lee Ohanian, Professor of Economics at UCLA

Here's a question you're likely to hear whenever the subject of taxes comes up: Do the rich pay their fair share?

There are two parts to this question:

Who is rich?

And, what is fair?

Let's start with who is rich:

Nearly everyone assumes that a person who is among the top ten percent of all income earners qualifies as rich.

But according to 2011 data, a top ten percent household makes around $150,000 or above in gross annual income -- that's income before deductions and taxes. Now, $150,000 is a nice living, but it certainly doesn't make you rich.

OK, then. What about the top 5%?

You get into this percentile if your household makes around $190,000 or above. That's a nice bump. But it hardly puts you in the rich category.

How about the top 1%? That's $500,000 or above. A great income, but remember, most people only get to that level after many years of hard work and, quite possibly, the accumulation of serious debt to fund their education or build their business.

Of course, there are people who make more than $500,000. And there are some who make many millions, even billions. But the number who do is very small.

Now, let's talk about fair.

Fair would seem be that the group of taxpayers who earn 10% of the country's income would pay 10% of the country's taxes; the group who earned 20% would pay 20% of the taxes and so on.

But what If I told you that, according to IRS data, the top 10% of all earners -- the people making $150,000 and above -- pay 71% of all federal income tax while earning only 43% of all income.

If anything, the top ten percent pay more than their fair share.

So, as it happens, do the much reviled top 1%. They earn 17 percent of all income, but pay 37% of all federal income taxes.

And what about those at the other end of the income scale, the lower earners? Are we squeezing them? Hardly. Those who make $45,000 or less, 47% of all earners, pay little and often no income taxes.

Ah, but what about payroll taxes -- the money we pay to fund Social Security and Medicare? That takes a bigger bite of the paycheck of lower earners than higher earners. Isn't that unfair?

Consider two points:

First, it's misleading to call the Payroll Tax a tax. It's really an insurance payment that guarantees we receive social security and Medicare after we turn 65.

Second, the benefits we receive from Social Security are capped, no matter how much we have paid in. This means that the payroll taxes of high earners actually help subsidize the social security and Medicare benefits that low earners receive at retirement.

How do all these numbers stack up against other countries?

The US income tax system is substantially more progressive - meaning that income tax rates rise as income rises -- than other advanced countries, including Germany and Sweden.

So, if you think that our tax system is unfair because it coddles high earners, then you must conclude that tax systems in these other countries are even more unfair.

So how high are tax rates on Americans today? Well, throw in federal tax increases mandated in 2013 and state taxes, and top earners face a tax rate of more than 50 per cent in California and New York. Other states like Maryland and Connecticut are not far behind. Do you think a tax rate of greater than 50% is fair? If so, is there any rate that wouldn't be?

Nobody is calling for bake sales for anyone in the top ten percent of earners. And no one wants to minimize the struggles of those at the lower income strata. But to say the "rich," however you might define them, don't pay their fair share is simply wrong.

Finally, numerous academic studies, including ones that I have done, show that when tax rates are too high, investment, risk taking by entrepreneurs, and therefore job creation all decline. And when that happens it's the poor who suffer, not the rich. The rich do fine.

It may feel good to take even more money from the top ten percent, but it doesn't do good. And it sure isn't fair.

- Lee Ohanian, Professor of Economics at UCLA
How about Trump? Does he pay his fair share? Turns out no. Now were you lying or just ignorant of what's really going on?

If a person invests, loses money, and qualifies for a tax loss carry forwards, according to the Code in 1995 and probably today, that person pays his/her fair share. Fair Share is not an arbitrary, dynamic number that a bunch of elite wealthy liberals get to decide.
"Fair Share" only means "More", that's it. Therefore, no matter how much the wealthy pay, they're never paying their "fair share".

One day you're denying they dodge taxes and the next day your nominee is exhibit a that they are dodging taxes.

New York Attorney General Orders Trump Foundation To Halt Activity | Huffington Post

Just like Trump is best to close the loopholes because he has taken advantage of them, Trump must know the Clinton foundation is shady because he assumes it is like the Trump Foundation.
I don't see where I denied Trump uses the tax laws to reduce his tax bill.
 
Editorial by Lee Ohanian, Professor of Economics at UCLA

Here's a question you're likely to hear whenever the subject of taxes comes up: Do the rich pay their fair share?

There are two parts to this question:

Who is rich?

And, what is fair?

Let's start with who is rich:

Nearly everyone assumes that a person who is among the top ten percent of all income earners qualifies as rich.

But according to 2011 data, a top ten percent household makes around $150,000 or above in gross annual income -- that's income before deductions and taxes. Now, $150,000 is a nice living, but it certainly doesn't make you rich.

OK, then. What about the top 5%?

You get into this percentile if your household makes around $190,000 or above. That's a nice bump. But it hardly puts you in the rich category.

How about the top 1%? That's $500,000 or above. A great income, but remember, most people only get to that level after many years of hard work and, quite possibly, the accumulation of serious debt to fund their education or build their business.

Of course, there are people who make more than $500,000. And there are some who make many millions, even billions. But the number who do is very small.

Now, let's talk about fair.

Fair would seem be that the group of taxpayers who earn 10% of the country's income would pay 10% of the country's taxes; the group who earned 20% would pay 20% of the taxes and so on.

But what If I told you that, according to IRS data, the top 10% of all earners -- the people making $150,000 and above -- pay 71% of all federal income tax while earning only 43% of all income.

If anything, the top ten percent pay more than their fair share.

So, as it happens, do the much reviled top 1%. They earn 17 percent of all income, but pay 37% of all federal income taxes.

And what about those at the other end of the income scale, the lower earners? Are we squeezing them? Hardly. Those who make $45,000 or less, 47% of all earners, pay little and often no income taxes.

Ah, but what about payroll taxes -- the money we pay to fund Social Security and Medicare? That takes a bigger bite of the paycheck of lower earners than higher earners. Isn't that unfair?

Consider two points:

First, it's misleading to call the Payroll Tax a tax. It's really an insurance payment that guarantees we receive social security and Medicare after we turn 65.

Second, the benefits we receive from Social Security are capped, no matter how much we have paid in. This means that the payroll taxes of high earners actually help subsidize the social security and Medicare benefits that low earners receive at retirement.

How do all these numbers stack up against other countries?

The US income tax system is substantially more progressive - meaning that income tax rates rise as income rises -- than other advanced countries, including Germany and Sweden.

So, if you think that our tax system is unfair because it coddles high earners, then you must conclude that tax systems in these other countries are even more unfair.

So how high are tax rates on Americans today? Well, throw in federal tax increases mandated in 2013 and state taxes, and top earners face a tax rate of more than 50 per cent in California and New York. Other states like Maryland and Connecticut are not far behind. Do you think a tax rate of greater than 50% is fair? If so, is there any rate that wouldn't be?

Nobody is calling for bake sales for anyone in the top ten percent of earners. And no one wants to minimize the struggles of those at the lower income strata. But to say the "rich," however you might define them, don't pay their fair share is simply wrong.

Finally, numerous academic studies, including ones that I have done, show that when tax rates are too high, investment, risk taking by entrepreneurs, and therefore job creation all decline. And when that happens it's the poor who suffer, not the rich. The rich do fine.

It may feel good to take even more money from the top ten percent, but it doesn't do good. And it sure isn't fair.

- Lee Ohanian, Professor of Economics at UCLA
How about Trump? Does he pay his fair share? Turns out no. Now were you lying or just ignorant of what's really going on?


BREAKING: HILLARY PAYS NO TAXES... SPREAD THIS ABSOLUTELY EVERYWHERE PATRIOTS
Snopes the source you are providing and the three things you find are all false/lies.

So Hillary does pay her fair share. Nice try liar. I guess you don't care what it takes to get Trump elected. Ok Omarosa.
Wow, a real definition of a "fair share". Since Hillary complies with current tax law and is paying her fair share, that means current tax law doesn't have to be changed.
 
The middle class pays the highest percentage of their income to taxation. So, obviously the wealthy are not paying their fair share.
you look at it wrong.
There is a set amount of debt in this country, there are a set amount of working age people in this country, divide the debt by the people and you find out what a fair share is. Now, the rich most likely cover that amount each year, yet those that make less than 100k do not.
So who is paying a fair share.
If there are legal loopholes that allow GE and trump and thousands of other companies to pay virtually no taxes, that's not fair or right.

We aren't knocking trump for taking advantage of the unfair tax code, were knocking the unfair tax code.

Now you double talking Republicans say trumps gonna fix the tax code so the rich and corporations start paying their fair share or are you saying they currently already pay their fair share? Make up your mind

I don't believe you heard a Republican use the words "fair share" ---- that's Dem speak for steal money from somebody who earned it and give it to somebody who didn't.
A long time ago the rich decided a progressive tax was fair. The rich pay more to make up for the poor. It wasn't poor people who decided to do this. The rich and corporations funded schools and roads and infrastructure. It allowed poor people to become middle class and allowed middle class to get rich.

You worry about stealing money from rich people who became rich under a progressive tax system.

But greedy rich people aka Republicans want to remove the ladder now that they've climbed it. Do you understand what I mean?

Yes we know what you mean. You are playing your professional "victim" card yet again.
 
The middle class pays the highest percentage of their income to taxation. So, obviously the wealthy are not paying their fair share.
you look at it wrong.
There is a set amount of debt in this country, there are a set amount of working age people in this country, divide the debt by the people and you find out what a fair share is. Now, the rich most likely cover that amount each year, yet those that make less than 100k do not.
So who is paying a fair share.
Self made rich people don't mind a progressive tax system in fact we've always had a progressive tax.

Bush changed that big time. I bet even bill Clinton gave the rich tax breaks. And trump wants to give the rich more. Meanwhile they've never been richer and the middle class is struggling. You're breaking the social contract. Changing the rules now that you got yours

Fuck rolling back the bush tax breaks let's roll back the Reagan cuts
Only if you reinstate the loopholes he closed.
 

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