Thousands of wealthy earners manage to zero out tax bills

Discussion in 'Politics' started by Dont Taz Me Bro, May 30, 2012.

  1. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    A flat tax across the board would fix this problem.

     
  2. starcraftzzz
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    starcraftzzz Senior Member

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    And the GOP opposes making it so billionaires at least pay the same rates as poor people
     
  3. starcraftzzz
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    starcraftzzz Senior Member

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    The IRS is a left wign blog and is therefor not relable
     
  4. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    And the Democrats had two years of complete Congressional control to change this. Why didn't they?

    The dirty little secret is that they are all protecting their wealthy cronies and donors, on both sides of the aisle.
     
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  5. Ariux
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    Ariux BANNED

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    You're a f-ing idiot.

    1) Advocates of the flat tax will accomplish nothing more than eliminating higher tax brackets, allowing the rich to pay even less and still allowing the rich who pay no income taxes to continue to pay no taxes.

    2) A flat tax with no deduction will never happen. Even if it did, it would cause some rich to pay more, but it would allow a lot of rich to pay less, less than the middle-class. It would also requires an increase in welfare to help the poor pay taxes.

    Either way, you're wanting more government and more taxes for the middle-class.
     
  6. Darkwind
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    Darkwind Gold Member

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    They followed the law.

    Gives them a leg up on Obama, doesn't it?
     
  7. Polk
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    Polk Classic

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    Flat tax wouldn't solve this problem, as those proposals want a flat rate for wage income. Wouldn't do anything about carried interest loophole, etc.
     
  8. hortysir
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    hortysir In Memorial of 47

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    And millions that paid Zero taxes get paychecks from their Uncle every spring
     
  9. blackhawk
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    blackhawk Gold Member

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    What rate do poor people pay? I might be wrong but don't poor people generally pay well nothing in taxes or just what is taken out of their pay check? You want to make it so that is what billionaires pay.
     
  10. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    Not reading tonight are you? How is a billionaire going to get out of paying if we do a flat tax like we are proposing?
     

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