Not true. Not true at all. Poor people pay payroll taxes and pay out the nose for income taxes. Most cannot afford hight priced tax lawyers to find loopholes nor set up shell corporations. Wealth is taxed much less than income. Thus, someone "earning" a million a year in stocks gets taxed, what... maybe 15% of that? Meanwhile, I am taxed @ 40% when all is said and done... and I make less than 50K a year. You tell me that that is fair at all.
You are so absolutely so ******* wrong it is laughable
2007 Federal Tax Rate Schedules
Capital Gains Tax Rates: Tax Rates for Short-Term & Long-Term Capital Gains
And lest we forget the amount of all taxes that comes from the top 10% of earners, compared to the bottom 90%
Get a freaking clue
And I still don't see advocacy for complete equality in taxation from the likes of you... it's simple.. all you have to do is you support equal percentage taxation on every dollar earned by every citizen within the US.... thus advocating equality in treatment.... it's not that hard, I know you can do it.... that is, unless you are indeed one of those ones who is only for SELECTIVE equality when it benefits you, and stands for the punishment system of taxing those who earn more at a higher rate