{{
`${userDetail.user.displayName}${userDetail.user.cachedBungieGlobalDisplayNameCode ? `#${standardizeBungieGlobalCode(userDetail.user.cachedBungieGlobalDisplayNameCode)}` : ""}`}}
{{getUserClans()}}
1/27/2016 1:31:30 PM
50
Your argument only works if the rich already pay tax, which they don't. They employ expensive accountants, lawyers and use a very complex system to abuse things.
Perfect example - have the company buy a property, sell the property for lower than market value to the employee in form of a bonus.
List goes on.
English
-
That's ridiculous lol. One billionaire business owner pays more tax than everyone on this forum combined.
-
Really? Check the news about all the large businesses not paying any corporate tax. You clearly don't understand how accounts work for larger companies. Shell firms, off shore based tax havens, etc. All they have to do is buy a property in Jersey, cayman islands, etc.
-
I'm talking an individual persons income, not a corporation.
-
As am I. The smartest people count as living abroad and pay next to no income tax. There are countless loop holes. Furthermore the company will pay through bonuses as outlined in my initial post
-
lol, well, if sanders is elected I can guarantee that they'll take their wealth and their businesses to other countries.
-
Of course they won't. The richest people already trade around the globe you are being foolish. They'd still rather make 100 million than 0.
-
The rich pay taxes, but about half of age-eligible Americans don't.
-
The idea that the "rich" don't pay taxes is another Liberal LIE. The top 10% of income earners pay about 70% of all Federal income taxes, while the bottom 50% pay only about 3% of all Federal income taxes.
-
Lol I'd like to see the proof, oh yea offshore accounts don't pay taxes to the US gov't, but you wouldn't know that because you either don't know that or don't have an offshore account
-
Link please?
-
Fair Tax
-
Oops, you let your true agenda slip out below in one of your replies: [quote]You really think it is a fair system when someone always has to be at the bottom?[/quote] SexuaI innuendo unintended, someone is always at the bottom. The only way that is not true is if you are pushing for complete socialism.
-
Word. My lady friend works at a financial management firm, and the tactics rich people employ to get out of taxes are astonishing. Any millionaire with a halfway decent accountant can pay one fifth the percentage on their income in taxes as a family of four making $20,000 a year. The loopholes are real and infuriating.
-
They gotta close those loopholes, regardless how tough it is. raising tax % for wealthier people is the easy solution, but not the right one for US
-
-
It's called closed tax loopholes. Lower the corporate tax rate and eliminate those loopholes and its good
-
So So So true. The problem needs to be resolved in IRS laws and regulations. There are so many gray areas that are taken advantage by very very smart people, the regular Joe doesn't see everything and ends up paying the black and white amount. Those rules are concrete but get into S-Corps, expense write-offs, actual profit, or worse than all of them "non profit" (which just pays out more in salary usually to the CEO/Managers in order to break even on paper)... That is where the deceit is. I say a fix 15% for all, no write-offs. That will never happen though
-
The rich pay taxes and more of them. It isn't that the rich don't pay. It is the rich don't pay "enough".
-
Although, you could tax the top 1% at 100% of their income and still have a budget deficit. Increasing taxes is not the solution. Cutting government waste is a much better solution, albeit filled with lots of difficult decisions.
-
"Waste" implies some means of measurement, which just doesn't exist in a government.
-
You'd be shocked how much once they've paid they get back as well. There are countless loop holes, my partner gets massive amounts back being self employed.
-
The market works off a cruel but egalitarian idea of money. Government works off a crueler and corrupt system of favors and connections.
-
And yet none of them are reasons why we should support someone making it harder.
-
Making what harder?
-
Social mobility.
