Majority of Americans favor wealth tax on very rich: Reuters/Ipsos poll

[Markle]

What evades me is if the economy is doing great & employment is great how come the middle/working class are falling behind, and the list of people living in poverty and the number of homeless people keeps growing. some places where wealth rules no regular paycheck person can afford to live there any longer even if it is the place where they were born. some one explain this please.

The rich get richer

Doesn’t make a great economy

Do we have a great economy today? Arguably, the best in our history.

Good lord. Really?

It's not? Wow! Who knew?

America Created 266,000 Jobs in November
JOHN CARNEY 6 Dec 2019

The imaginary recession of 2019 is over.

The U.S. economy added 266,000 jobs for the month and the unemployment rate fell to 3.5 percent, matching the lowest level in 50 years.

Economists had expected the economy to add 180,000 jobs and for unemployment to remain unchanged at 3.6 percent, according to Econoday.

Adding to the picture of strength for the labor market, previous jobs numbers were revised up. September’s figure was revised up by 13,000 to 193,000. October was revised up by 28,000 to 156,000. Together, that adds 41,000 more jobs than previously reported.

[...]

Average hourly wages are up 3.14 percent compared with last year, above economist expectations. In manufacturing, the average workweek increased by 0.1 hour to 40.5 hours. Average hourly ages of private-sector production and nonsupervisory employees rose by 7 cents in the month to $23.83, a 0.22 percent gain.

[...]

America Created 266,000 Jobs in November | Breitbart

https://www.washingtonpost.com/busi...economy-added-jobs-jobless-rate-fell-percent/

Wall Street soars after economy added robust 266,000 jobs in November

###

USMCA: Agreement reached on Nafta trade deal replacement
10 December 2019

The US, Mexico and Canada have finalised a trade deal that will replace the 25-year-old North American Free Trade Agreement (Nafta).

https://www.abc.com/news/business-50733120

###

by JOHN CARNEY
20 Dec 2019

The November hiring surge pushed incomes for Americans higher last month.

Incomes rose by half a percentage point in November, above economists’ forecasts and much better than the soft readings in September and October. This was the strongest gain since July, according to data from the Commerce Department on Friday.

Consumer spending rose at a 0.4 percent annual rate last month, led by a jump in spending on big-ticket durable goods like autos and appliances.

The higher spending is not due to rising prices. Inflation, as measured by the Federal Reserve’s preferred price indicator, is still running well below the Fed’s 2 percent target. It came in at just 1.5 percent for November compared with a year ago.

And despite the rise in consumer spending, Americans are saving more. The saving rate edged up to 7.9 percent of after-tax income in November.

Christmas Cheer: Incomes Jumps Higher, Consumer Spending Soars | Breitbart

###

US employment remains strong, 145,000 jobs added in December
By JOSH BOAK AP Economics Writer
January 10, 2020, 7:07 PM

U.S. employers downshifted their hiring in December, adding 145,000 jobs as consumer spending appeared to aid gains in the retail and hospitality sectors

US employment remains strong, 145,000 jobs added in December

###

Manufacturing Surveys Indicate Growth Returning to U.S. Factories
JOHN CARNEY
16 Jan 2020

The U.S. manufacturing sector appears to be regaining its footing, suggesting the beaten-down sector may once again be expanding.

The Federal Reserve Bank of Philadelphia’s survey-based index of manufacturing activity soared to 17 in January, up from the weak 0.3 reading in December and well-above forecasts for a reading of 3.0.

Manufacturing Surveys Indicate Growth Returning to U.S. Factories | Breitbart

###

Merry Christmas: Retail Sales Grew at Healthy Pace in December
16 Jan 2020

Retail sales rose at a healthy pace in December, a sign that a very healthy U.S. labor market and consumer optimism is continuing to support economic growth.

The Commerce Department said Thursday that retail sales–which measures sales at stores, online, and in restaurants–increased a seasonally adjusted three-tenths of a percentage point in December compared with November to $529.6 billion. That was in line with the consensus forecast.

Merry Christmas: Retail Sales Grew at Healthy Pace in December | Breitbart

###

US-China phase 1 trade deal: Beijing agrees to buy $200 billion in US products
By Michelle Toh, CNN Business
11 hrs ago [Jan 16. 2020]

China has agreed to buy hundreds of billions of dollars worth of products from the United States as part of their "phase one" trade deal.

The agreement signed Wednesday will have Beijing purchase an additional $200 billion of US goods and services over the next two years.

The increase in purchases will be compared to 2017, before the trade war started. China imported over $185 billion in total US goods and services that year.

In exchange, Washington has agreed to reduce tariffs on $120 billion in Chinese products from 15% to 7.5%.

Taken together, the phased purchases by China would result in a dramatic surge in US exports. Total exports to China would increase to over $260 billion in 2020, and roughly $310 billion in 2021 if the deal holds

US-China phase 1 trade deal: Beijing agrees to buy $200 billion in US products

More?

 

[Ray From Cleveland]

What evades me is if the economy is doing great & employment is great how come the middle/working class are falling behind, and the list of people living in poverty and the number of homeless people keeps growing. some places where wealth rules no regular paycheck person can afford to live there any longer even if it is the place where they were born. some one explain this please.

The rich get richer

Doesn’t make a great economy

Do we have a great economy today? Arguably, the best in our history.

Specifically, how much was taken out of your pocket because Jeff Bezos and Bill Gates acquired a quarter of a TRILLION dollars in the past 50 years?

We have a great economy, but not a great society
We are the wealthiest nation on earth, yet trail behind other countries in how we treat our workers, retirement, modern infrastructure, public healthcare, education, public services

The reason is that we allow our super wealthy to duck contributing to the society they benefit so well from

You make that statement after ignoring my question about how much more they should be paying, since they are already paying the most now.

I would put a one percent tax on all stock transactions

Anyone making over a million a year would pay at a 50 percent tax rate

Then there is no longer a reason to be making a million a year. Would you go to work if you only got half your pay after taxes?

 

[Ray From Cleveland]

What evades me is if the economy is doing great & employment is great how come the middle/working class are falling behind, and the list of people living in poverty and the number of homeless people keeps growing. some places where wealth rules no regular paycheck person can afford to live there any longer even if it is the place where they were born. some one explain this please.

The rich get richer

Doesn’t make a great economy

Do we have a great economy today? Arguably, the best in our history.

Good lord. Really?

It's not? Wow! Who knew?

America Created 266,000 Jobs in November
JOHN CARNEY 6 Dec 2019

The imaginary recession of 2019 is over.

The U.S. economy added 266,000 jobs for the month and the unemployment rate fell to 3.5 percent, matching the lowest level in 50 years.

Economists had expected the economy to add 180,000 jobs and for unemployment to remain unchanged at 3.6 percent, according to Econoday.

Adding to the picture of strength for the labor market, previous jobs numbers were revised up. September’s figure was revised up by 13,000 to 193,000. October was revised up by 28,000 to 156,000. Together, that adds 41,000 more jobs than previously reported.

[...]

Average hourly wages are up 3.14 percent compared with last year, above economist expectations. In manufacturing, the average workweek increased by 0.1 hour to 40.5 hours. Average hourly ages of private-sector production and nonsupervisory employees rose by 7 cents in the month to $23.83, a 0.22 percent gain.

[...]

America Created 266,000 Jobs in November | Breitbart

https://www.washingtonpost.com/busi...economy-added-jobs-jobless-rate-fell-percent/

Wall Street soars after economy added robust 266,000 jobs in November

###

USMCA: Agreement reached on Nafta trade deal replacement
10 December 2019

The US, Mexico and Canada have finalised a trade deal that will replace the 25-year-old North American Free Trade Agreement (Nafta).

https://www.abc.com/news/business-50733120

###

by JOHN CARNEY
20 Dec 2019

The November hiring surge pushed incomes for Americans higher last month.

Incomes rose by half a percentage point in November, above economists’ forecasts and much better than the soft readings in September and October. This was the strongest gain since July, according to data from the Commerce Department on Friday.

Consumer spending rose at a 0.4 percent annual rate last month, led by a jump in spending on big-ticket durable goods like autos and appliances.

The higher spending is not due to rising prices. Inflation, as measured by the Federal Reserve’s preferred price indicator, is still running well below the Fed’s 2 percent target. It came in at just 1.5 percent for November compared with a year ago.

And despite the rise in consumer spending, Americans are saving more. The saving rate edged up to 7.9 percent of after-tax income in November.

Christmas Cheer: Incomes Jumps Higher, Consumer Spending Soars | Breitbart

###

US employment remains strong, 145,000 jobs added in December
By JOSH BOAK AP Economics Writer
January 10, 2020, 7:07 PM

U.S. employers downshifted their hiring in December, adding 145,000 jobs as consumer spending appeared to aid gains in the retail and hospitality sectors

US employment remains strong, 145,000 jobs added in December

###

Manufacturing Surveys Indicate Growth Returning to U.S. Factories
JOHN CARNEY
16 Jan 2020

The U.S. manufacturing sector appears to be regaining its footing, suggesting the beaten-down sector may once again be expanding.

The Federal Reserve Bank of Philadelphia’s survey-based index of manufacturing activity soared to 17 in January, up from the weak 0.3 reading in December and well-above forecasts for a reading of 3.0.

Manufacturing Surveys Indicate Growth Returning to U.S. Factories | Breitbart

###

Merry Christmas: Retail Sales Grew at Healthy Pace in December

16 Jan 2020

Retail sales rose at a healthy pace in December, a sign that a very healthy U.S. labor market and consumer optimism is continuing to support economic growth.

The Commerce Department said Thursday that retail sales–which measures sales at stores, online, and in restaurants–increased a seasonally adjusted three-tenths of a percentage point in December compared with November to $529.6 billion. That was in line with the consensus forecast.

Merry Christmas: Retail Sales Grew at Healthy Pace in December | Breitbart

###

US-China phase 1 trade deal: Beijing agrees to buy $200 billion in US products
By Michelle Toh, CNN Business
11 hrs ago [Jan 16. 2020]

China has agreed to buy hundreds of billions of dollars worth of products from the United States as part of their "phase one" trade deal.

The agreement signed Wednesday will have Beijing purchase an additional $200 billion of US goods and services over the next two years.

The increase in purchases will be compared to 2017, before the trade war started. China imported over $185 billion in total US goods and services that year.

In exchange, Washington has agreed to reduce tariffs on $120 billion in Chinese products from 15% to 7.5%.

Taken together, the phased purchases by China would result in a dramatic surge in US exports. Total exports to China would increase to over $260 billion in 2020, and roughly $310 billion in 2021 if the deal holds

US-China phase 1 trade deal: Beijing agrees to buy $200 billion in US products

More?

Americans made more money in every major metro area in 2018

 

[Yarddog]

WASHINGTON/NEW YORK (Reuters) - The idea of imposing a wealth tax on the richest Americans has elicited sharply divergent views across a spectrum of politicians, with President Donald Trump branding it socialist and progressive Democratic presidential contenders Senators Elizabeth Warren and Bernie Sanders prominently endorsing it.

snip

Among the 4,441 respondents to the poll, 64% strongly or somewhat agreed that “the very rich should contribute an extra share of their total wealth each year to support public programs” - the essence of a wealth tax. Results were similar across gender, race and household income. While support among Democrats was stronger, at 77%, a majority of Republicans, 53%, also agreed with the idea.

Majority of Americans favor wealth tax on very rich: Reuters/Ipsos poll

If this is true, then the experiment called the United States of America as we know it is done....

Im willing to bet that a large part of this "majority" are people who live in the big cities like NY, LA, Chicago, Houston, Philly, San Jose, Fresno* etc.....

Its a taste of what we would be facing should the electoral college be done away with. It would be the beginning of mob rule eventually.

 

[Thinker101]

What evades me is if the economy is doing great & employment is great how come the middle/working class are falling behind, and the list of people living in poverty and the number of homeless people keeps growing. some places where wealth rules no regular paycheck person can afford to live there any longer even if it is the place where they were born. some one explain this please.

The rich get richer

Doesn’t make a great economy

Do we have a great economy today? Arguably, the best in our history.

Specifically, how much was taken out of your pocket because Jeff Bezos and Bill Gates acquired a quarter of a TRILLION dollars in the past 50 years?

We have a great economy, but not a great society
We are the wealthiest nation on earth, yet trail behind other countries in how we treat our workers, retirement, modern infrastructure, public healthcare, education, public services

The reason is that we allow our super wealthy to duck contributing to the society they benefit so well from

You make that statement after ignoring my question about how much more they should be paying, since they are already paying the most now.

I would put a one percent tax on all stock transactions

Anyone making over a million a year would pay at a 50 percent tax rate

Brilliant!! If there is no recession, create one. Dumbass.

 

[LeftofLeft]

WASHINGTON/NEW YORK (Reuters) - The idea of imposing a wealth tax on the richest Americans has elicited sharply divergent views across a spectrum of politicians, with President Donald Trump branding it socialist and progressive Democratic presidential contenders Senators Elizabeth Warren and Bernie Sanders prominently endorsing it.

snip

Among the 4,441 respondents to the poll, 64% strongly or somewhat agreed that “the very rich should contribute an extra share of their total wealth each year to support public programs” - the essence of a wealth tax. Results were similar across gender, race and household income. While support among Democrats was stronger, at 77%, a majority of Republicans, 53%, also agreed with the idea.

Majority of Americans favor wealth tax on very rich: Reuters/Ipsos poll

If this is true, then the experiment called the United States of America as we know it is done....

Great. What is the consensus definition and criteria for “the very rich”? Is it more asset-based or more annual income-based?

wealth tax is bullshit. its a penalty for being successful. The very very wealthy can just start investing more in other countries and take their wealth with them.

It is bullshit..... the Middle Class gets screwed paying more taxes.

 

[Yarddog]

WASHINGTON/NEW YORK (Reuters) - The idea of imposing a wealth tax on the richest Americans has elicited sharply divergent views across a spectrum of politicians, with President Donald Trump branding it socialist and progressive Democratic presidential contenders Senators Elizabeth Warren and Bernie Sanders prominently endorsing it.

snip

Among the 4,441 respondents to the poll, 64% strongly or somewhat agreed that “the very rich should contribute an extra share of their total wealth each year to support public programs” - the essence of a wealth tax. Results were similar across gender, race and household income. While support among Democrats was stronger, at 77%, a majority of Republicans, 53%, also agreed with the idea.

Majority of Americans favor wealth tax on very rich: Reuters/Ipsos poll

If this is true, then the experiment called the United States of America as we know it is done....

Great. What is the consensus definition and criteria for “the very rich”? Is it more asset-based or more annual income-based?

wealth tax is bullshit. its a penalty for being successful. The very very wealthy can just start investing more in other countries and take their wealth with them.

It is bullshit..... the Middle Class gets screwed paying more taxes.

The top 2 or 3 percent pay more tax than the bottom 90% already. not to mention, because of these people, many of the bottom 90% have jobs working in their corporations or do business WITH their corporations as vendors or customers. Yes by all means lets impose punishment on people just because they own things. Its a very soviet way of thinking. Lets punish until we drive them away.

At the same time, I do not trust the people who come up with these schemes. They start out by saying, just the very rich because they know most people dont have any love for them.After a while though, the threshold for what is considered "wealthy" will be lowered.

 

[rightwinger]

WASHINGTON/NEW YORK (Reuters) - The idea of imposing a wealth tax on the richest Americans has elicited sharply divergent views across a spectrum of politicians, with President Donald Trump branding it socialist and progressive Democratic presidential contenders Senators Elizabeth Warren and Bernie Sanders prominently endorsing it.

snip

Among the 4,441 respondents to the poll, 64% strongly or somewhat agreed that “the very rich should contribute an extra share of their total wealth each year to support public programs” - the essence of a wealth tax. Results were similar across gender, race and household income. While support among Democrats was stronger, at 77%, a majority of Republicans, 53%, also agreed with the idea.

Majority of Americans favor wealth tax on very rich: Reuters/Ipsos poll

If this is true, then the experiment called the United States of America as we know it is done....

Great. What is the consensus definition and criteria for “the very rich”? Is it more asset-based or more annual income-based?

wealth tax is bullshit. its a penalty for being successful. The very very wealthy can just start investing more in other countries and take their wealth with them.

It is a requirement to contribute more to the society which you profit from

 

[rightwinger]

WASHINGTON/NEW YORK (Reuters) - The idea of imposing a wealth tax on the richest Americans has elicited sharply divergent views across a spectrum of politicians, with President Donald Trump branding it socialist and progressive Democratic presidential contenders Senators Elizabeth Warren and Bernie Sanders prominently endorsing it.

snip

Among the 4,441 respondents to the poll, 64% strongly or somewhat agreed that “the very rich should contribute an extra share of their total wealth each year to support public programs” - the essence of a wealth tax. Results were similar across gender, race and household income. While support among Democrats was stronger, at 77%, a majority of Republicans, 53%, also agreed with the idea.

Majority of Americans favor wealth tax on very rich: Reuters/Ipsos poll

If this is true, then the experiment called the United States of America as we know it is done....

Great. What is the consensus definition and criteria for “the very rich”? Is it more asset-based or more annual income-based?

wealth tax is bullshit. its a penalty for being successful. The very very wealthy can just start investing more in other countries and take their wealth with them.

It is bullshit..... the Middle Class gets screwed paying more taxes.

The top 2 or 3 percent pay more tax than the bottom 90% already. not to mention, because of these people, many of the bottom 90% have jobs working in their corporations or do business WITH their corporations as vendors or customers. Yes by all means lets impose punishment on people just because they own things. Its a very soviet way of thinking. Lets punish until we drive them away.

At the same time, I do not trust the people who come up with these schemes. They start out by saying, just the very rich because they know most people dont have any love for them.After a while though, the threshold for what is considered "wealthy" will be lowered.

Only shows how much wealth they monopolize

If they don’t want to pay so much, they could share more of their wealth with their employees

 

[Yarddog]

WASHINGTON/NEW YORK (Reuters) - The idea of imposing a wealth tax on the richest Americans has elicited sharply divergent views across a spectrum of politicians, with President Donald Trump branding it socialist and progressive Democratic presidential contenders Senators Elizabeth Warren and Bernie Sanders prominently endorsing it.

snip

Among the 4,441 respondents to the poll, 64% strongly or somewhat agreed that “the very rich should contribute an extra share of their total wealth each year to support public programs” - the essence of a wealth tax. Results were similar across gender, race and household income. While support among Democrats was stronger, at 77%, a majority of Republicans, 53%, also agreed with the idea.

Majority of Americans favor wealth tax on very rich: Reuters/Ipsos poll

If this is true, then the experiment called the United States of America as we know it is done....

Great. What is the consensus definition and criteria for “the very rich”? Is it more asset-based or more annual income-based?

wealth tax is bullshit. its a penalty for being successful. The very very wealthy can just start investing more in other countries and take their wealth with them.

It is a requirement to contribute more to the society which you profit from

if you own three houses, you pay property tax on all three. You might be renting one out which contributes to society. every time you do upkeep , you may do things like hire painters, plumbers, or just go to the hardware store to buy things you need. you might hire gardeners or even a property management company in some cases if you own a lot.
All this adds to the economy, by increasing the number of money transactions. tax occurs at each point, jobs are maintained or created because of this. All of this is contributing to society. So why now add an additional Wealth tax just because someone owns something? Seems to me you are creating a deterrent to purchases and thats a great idea if you want to start shrinking the economy.

 

[Ray From Cleveland]

If this is true, then the experiment called the United States of America as we know it is done....

Great. What is the consensus definition and criteria for “the very rich”? Is it more asset-based or more annual income-based?

wealth tax is bullshit. its a penalty for being successful. The very very wealthy can just start investing more in other countries and take their wealth with them.

It is bullshit..... the Middle Class gets screwed paying more taxes.

The top 2 or 3 percent pay more tax than the bottom 90% already. not to mention, because of these people, many of the bottom 90% have jobs working in their corporations or do business WITH their corporations as vendors or customers. Yes by all means lets impose punishment on people just because they own things. Its a very soviet way of thinking. Lets punish until we drive them away.

At the same time, I do not trust the people who come up with these schemes. They start out by saying, just the very rich because they know most people dont have any love for them.After a while though, the threshold for what is considered "wealthy" will be lowered.

Only shows how much wealth they monopolize

If they don’t want to pay so much, they could share more of their wealth with their employees

They'll be sharing a lot less with more taxes. It's a theory you leftists refuse to believe. It's called action/ reaction. Take more money from them, they will find other places to recoup that money: outsourcing, reduction of benefits for their employees, pay raise freeze, increase in price of product or service, moving the industry to another country altogether.........

 

[LeftofLeft]

If this is true, then the experiment called the United States of America as we know it is done....

Great. What is the consensus definition and criteria for “the very rich”? Is it more asset-based or more annual income-based?

wealth tax is bullshit. its a penalty for being successful. The very very wealthy can just start investing more in other countries and take their wealth with them.

It is bullshit..... the Middle Class gets screwed paying more taxes.

The top 2 or 3 percent pay more tax than the bottom 90% already. not to mention, because of these people, many of the bottom 90% have jobs working in their corporations or do business WITH their corporations as vendors or customers. Yes by all means lets impose punishment on people just because they own things. Its a very soviet way of thinking. Lets punish until we drive them away.

At the same time, I do not trust the people who come up with these schemes. They start out by saying, just the very rich because they know most people dont have any love for them.After a while though, the threshold for what is considered "wealthy" will be lowered.

Only shows how much wealth they monopolize

If they don’t want to pay so much, they could share more of their wealth with their employees

They pay most of the egregious spending. What more do you want? At what point will your class warfare metrics be met?

 

[rightwinger]

 

[rightwinger]

Great. What is the consensus definition and criteria for “the very rich”? Is it more asset-based or more annual income-based?

wealth tax is bullshit. its a penalty for being successful. The very very wealthy can just start investing more in other countries and take their wealth with them.

It is bullshit..... the Middle Class gets screwed paying more taxes.

The top 2 or 3 percent pay more tax than the bottom 90% already. not to mention, because of these people, many of the bottom 90% have jobs working in their corporations or do business WITH their corporations as vendors or customers. Yes by all means lets impose punishment on people just because they own things. Its a very soviet way of thinking. Lets punish until we drive them away.

At the same time, I do not trust the people who come up with these schemes. They start out by saying, just the very rich because they know most people dont have any love for them.After a while though, the threshold for what is considered "wealthy" will be lowered.

Only shows how much wealth they monopolize

If they don’t want to pay so much, they could share more of their wealth with their employees

They pay most of the egregious spending. What more do you want? At what point will your class warfare metrics be met?

We have undergone class warfare for decades

Class warfare against those who are not wealthy

 

[rightwinger]

 

[Ray From Cleveland]

WASHINGTON/NEW YORK (Reuters) - The idea of imposing a wealth tax on the richest Americans has elicited sharply divergent views across a spectrum of politicians, with President Donald Trump branding it socialist and progressive Democratic presidential contenders Senators Elizabeth Warren and Bernie Sanders prominently endorsing it.

snip

Among the 4,441 respondents to the poll, 64% strongly or somewhat agreed that “the very rich should contribute an extra share of their total wealth each year to support public programs” - the essence of a wealth tax. Results were similar across gender, race and household income. While support among Democrats was stronger, at 77%, a majority of Republicans, 53%, also agreed with the idea.

Majority of Americans favor wealth tax on very rich: Reuters/Ipsos poll

If this is true, then the experiment called the United States of America as we know it is done....

Great. What is the consensus definition and criteria for “the very rich”? Is it more asset-based or more annual income-based?

wealth tax is bullshit. its a penalty for being successful. The very very wealthy can just start investing more in other countries and take their wealth with them.

It is a requirement to contribute more to the society which you profit from

if you own three houses, you pay property tax on all three. You might be renting one out which contributes to society. every time you do upkeep , you may do things like hire painters, plumbers, or just go to the hardware store to buy things you need. you might hire gardeners or even a property management company in some cases if you own a lot.
All this adds to the economy, by increasing the number of money transactions. tax occurs at each point, jobs are maintained or created because of this. All of this is contributing to society. So why now add an additional Wealth tax just because someone owns something? Seems to me you are creating a deterrent to purchases and thats a great idea if you want to start shrinking the economy.

Leftists don't see business as people who invested a lot of time, hard earned money, and risk. They believe businesses were created to provide good paying jobs, with great benefits, and the rest goes to Uncle Sam. It was never profit motivated. They started those businesses as a social obligation.

 

[Harpy Eagle]

Then it's clearly available to everyone, not just the "elite", while it is available.

While that is true in theory it is the same as saying that a Lamborghini is clearly available to everyone

It is available to everybody if you have the money.

just as the tax loopholes are....one more problem with our current system.

 

[Harpy Eagle]

Nope, not even close! Childish effort, but not even close. You did not have to be qualified to buy a Lamborghini in order to take advantage of the SUV tax credit. That's why I met with my CPA at least twice a year. If there was something available that would same me taxes, this year or down the road, I wanted to be prepared.

the very fact you have to meet with a CPA to take advantage of the loopholes in our tax laws just highlights the problems with our tax code.

That you are too stupid to understand that really makes me wonder how you ever found the way to afford one.

 

[Markle]

It is a requirement to contribute more to the society which you profit from

More than what?

 

[Markle]

Only shows how much wealth they monopolize

If they don’t want to pay so much, they could share more of their wealth with their employees

Why?

When your tab is $100.00 a restaurant, do you add $50.00 for the tip?

The next time the plumber comes out to your house, will you add 20% to the invoice as you always do?