Who should be taxed the most?
Goducks5
2012/08/15 04:09:03
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Top Opinion
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Kat ♪ 2012/08/15 04:10:57None of the above




















Where are all the progressives who want to raise the tax rate on Bernanke & Co.?
trading's just as good slash better :D
we could pay each other with SQUIRREL PELTS!!
Maybe you are thinking of a different tax system?
meaning they need the irs to collect taxes. make a flat tax and you still have the irs. the only thing that changes is how the gov gets their money
meaning they need the irs to collect taxes. make a flat tax and you still have the irs. the only thing that changes is how the gov gets their money
wow i am so scared on how cluless you libs are. eliminate the income tax will never happen seeing it will never get ratified. next for the clueless libs end income tax and congress passes other taxes to coer cost of operating the gov.
meaning they need the irs to collect taxes. make a flat tax and you still have the irs. the only thing that changes is how the gov gets their money
wow i am so scared on how cluless you libs are. eliminate the income tax will never happen seeing it will never get ratified. next for the clueless libs end income tax and congress passes other taxes to coer cost of operating the gov.
meaning they need the irs to collect taxes. make a flat tax and you still have the irs. the only thing that changes is how the gov gets their money
wow i am so scared on how cluless you libs are. eliminate the income tax will never happen seeing it will never get ratified. next for the clueless libs end income tax and congress passes other taxes to coer cost of operating the gov.
meaning they need the irs to collect taxes. make a flat tax and you still have the irs. the only thing that changes is how the gov gets their money
Our progressive tax system has become perverted. The upper bracket people don't pay anything near what they should pay. Since 1980, the economy has doubled in size. All the vast wealth from this doubling has gone to the upper 5%, taking the money out of circulation and giving them power to keep their taxes low, which they have. Businesses are also sitting on somewhere between 2 and 3 TRILLION in cash because of weak demand. .Spending by the middle class has been reduced because of the reduction in the supply of money, the economy has shrunk and after the banking crisis we don't even have the borrowing power we once had. Worse yet, the slowing of the economy has reduced federal revenue to a point where over 40% of the spending is deficit spending. Cutting spending can only go so far.
There ...
Our progressive tax system has become perverted. The upper bracket people don't pay anything near what they should pay. Since 1980, the economy has doubled in size. All the vast wealth from this doubling has gone to the upper 5%, taking the money out of circulation and giving them power to keep their taxes low, which they have. Businesses are also sitting on somewhere between 2 and 3 TRILLION in cash because of weak demand. .Spending by the middle class has been reduced because of the reduction in the supply of money, the economy has shrunk and after the banking crisis we don't even have the borrowing power we once had. Worse yet, the slowing of the economy has reduced federal revenue to a point where over 40% of the spending is deficit spending. Cutting spending can only go so far.
There is not an infinite supply of dollars. The situation is exactly like taking 20 kids, putting them around a table and putting 100 marbles on the table, and then giving half the marbles to 1 kid. The other19 kids are left to fight over the remaining 50 marbles. The more one kid collects, the less there are for others. Some will have none. That's where America is now. The only question is how are we going to get the money back into the hands of the middle class again. The economy will not recover fully until that happens. Any reputable economist will tell you that.