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JonrRobert 8 year s ago
For #33, the image is bogus.
"Tax breaks for the wealthy" is a misnomer.
First, most tax breaks go to the middle class.
http://taxfoundation.org/article/corporate-and-individual-tax-expenditures
Second, redistribution, taxing one person just to give money to another, is four times as large as tax deductions.
Over 60% of the federal budget is redistribution.
Want a flat tax, no deduction? Fine. The proper lower flat rate will end ALL games by politicians.
High rates/unfair deductions are just another way of buying votes.
"Tax breaks for the wealthy" is a misnomer.
First, most tax breaks go to the middle class.
http://taxfoundation.org/article/corporate-and-individual-tax-expenditures
Second, redistribution, taxing one person just to give money to another, is four times as large as tax deductions.
Over 60% of the federal budget is redistribution.
Want a flat tax, no deduction? Fine. The proper lower flat rate will end ALL games by politicians.
High rates/unfair deductions are just another way of buying votes.
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ZombieDarwin 8 year s ago
#33 How you can tell how someone wanted to be an economist, but sucked at it.
"Tax breaks for the wealthy" is a misnomer.
First, most tax breaks go to the middle class.
http://taxfoundation.org/article/corporate-and-individual-tax-expenditures
Second, redistribution, taxing one person just to give money to another, is four times as large as tax deductions.
Over 60% of the federal budget is redistribution.
Want a flat tax, no deduction? Fine. The proper lower flat rate will end ALL games by politicians.
High rates/unfair deductions are just another way of buying votes.