Quote:
Originally Posted by TheMercenary
Let's narrow that to the top 0.5% the uber rich. These are the people who have less tax to pay. The Warren Buffets and Bill Gates. They are not much different than the problem with Corprate Tax breaks. What Obama and Biden have done is they have polarized the tax payers into two groups and are trying to tell the lower 95% that the problem is with the 5% and that is patently false.
|
Your uber rich even disagree with you. People such as Warren Buffet, Bill Gates, and a long list of other uber rich have complained that their tax rates are too low.
Warren Buffet even uses specific examples to be blunt about it. Buffet says he is paying a low tax rate than even his receptionist.
Which rich people complain about taxes too high? Let's see. The same people who make $millions on Wall Street by playing money games AND who claim they still deserve their bonuses because their salary is only 10% of those bonuses. These same people who claim taxes are too high also claim they have a right to bonuses even when the company is no longer profitable and taking money from the government.
Americans pay some of the lowest taxes in the world. And Americans will still pay some of the lowest taxes in the world if tax rates are simply put back to where they were ten years ago. There is a fact that is not disputable. Tax cuts were provided only to the richest income earners. Even the uber rich have complained about these tax cuts.
We all should be complaining about tax games that have tax accountants and tax software necessary. In the year of tax simplification, I filed 13 Federal tax forms. What also makes taxes unfair? Tax laws written by people who never do their own taxes. Their taxes are done by a government paid employee. Even mistakes mean no tax penalties. No wonder taxes have become so much more complex every ten years. That tax software and accountants - just another hidden tax.
If the rich paid the same 22% or 23% taxes that the average American paid, then the rich would suffer a major tax increase. The uber rich also approve of that solution.