The rich pay fewer taxes or sometimes nothing because they can afford to hire teams of people to use tax loopholes to get out of paying taxes.
It's true it's unfair. We should elminate the tax loopholes by canceling ALL types of taxes and instead implement a fairtax...a flat CONSUMPTION tax (sales tax) of 23-33%
That is retarded. The rich pay less taxes not because of "loopholes", but because tax breaks they receive were created because the money they hold produces more economic output than yours does. You might not like this, but the billionaire investor's money is producing more economic growth by making capitol available to market than the poor people buying commodity items, which is why it's good they pay less taxes than the poor. Of course, the federal government should spend less money and everyone should be taxed less, but you're just regurgitating the retarded leftist understanding of our tax code.
Hilarious seeing people who can legally insider trade think she's "making a statement" or "fighting the power".
Hell no, she isn't fighting the power,... She wants the power
The poor pay taxes. The rich pay taxes. WTF is she talking about.
The rich pay fewer taxes or sometimes nothing because they can afford to hire teams of people to use tax loopholes to get out of paying taxes.
It's true it's unfair. We should elminate the tax loopholes by canceling ALL types of taxes and instead implement a fairtax...a flat CONSUMPTION tax (sales tax) of 23-33%
That is retarded. The rich pay less taxes not because of "loopholes", but because tax breaks they receive were created because the money they hold produces more economic output than yours does. You might not like this, but the billionaire investor's money is producing more economic growth by making capitol available to market than the poor people buying commodity items, which is why it's good they pay less taxes than the poor. Of course, the federal government should spend less money and everyone should be taxed less, but you're just regurgitating the retarded leftist understanding of our tax code.
Teach a man to tax the rich and he'll be wealthy for a day. Teach a man to short squeeze and he'll be wealthy for the rest of his life.
Regarding the "tax the rich" part
If we TRULY believed in EQUALITY, we would implement a 33% consumption tax
If you are poor, and you buy cheap bread and can of peas, you pay extra 0.33 x TOTAL. For 4 dollars you pay 5.32.
If you are rich and you buy a 5M yach, you pay 6.65M
Very poorly thought out.
Consumption tax is retarded, and hurts the poor.
Not gonna lie she had me the first half.
Congress should pay 80% tax
She is rich soooo....
I wonder if she's willing to pay those taxes? dumb commies never learn.
Regarding the "tax the rich" part
If we TRULY believed in EQUALITY, we would implement a (23-)33% consumption tax
If you are poor, and you buy cheap bread and can of peas, you pay extra 0.33 x TOTAL. For 4 dollars you pay 5.32.
If you are rich and you buy a 5M yach, you pay 6.65M