- Pages:
- 1
- 2
| When did the United States become a Corporate Socialist country? | |
|---|---|
| Topic Started: Nov 27 2013, 08:44 PM (406 Views) | |
| Affinity | Nov 28 2013, 04:23 AM Post #11 |
![]()
|
I'm sure it varies but for the sake of argument 9% is close enough. It will always be this way because the rich can avoid to spend/hide/invest money to avoid taxes. It's all in our 60,000 page tax code. It's intended to be complex so only people who can afford top notch accountants take advantage of the thousands of loopholes. The 35% rate forces companies to play the government's games to lower their taxes. That's the intention. It's designed to work that way. "Fair" share would be an equal percentage. How do you get an equal percentage with all the complicated loop holes? You don't. It's not supposed to be fair. Why do you think George Soros and the Koch brothers spend millions supporting candidates? If you want fair then make paying taxes less expensive than avoiding taxes. Lower the rates to the point it costs more to avoid the tax than pay it. Sound simple? Yes, but you'd be putting millions of lobbyists and tax lawyers out of work. Unintended or on purpose, the bureaucracy of the government once again boils down to a jobs program. Each year the USA spends billions of hours and hundreds of billion of dollars on tax compliance. Simplifying the tax code would kill jobs and take hundreds of billions of dollars out of the economy. On top of that, how many billions of US dollars are invested overseas to keep them away from the IRS? Wouldn't 5 or 10% of that money be better than the ZERO% the government is currently getting? 10% flat rate, everyone pays it. Everyone has 10% in the game. No one gets a free ride. Nothing is withheld. Everyone writes a check each month. If 10% isn't enough money then make those in Congress personally liable for any cost overruns. Enact a 10% GROSS wealth tax on everyone in Congress to fill the void. Any assets hidden by sitting members of Congress are taxed at a rate of 1000%. The gross national income (GNI) of the USA in 2012 was $15.7 trillion. 10% of that is $1.5 trillion. Add in a 10% tax on business (again, NO deductions or loopholes) and cut spending until it balances. |
![]() |
|
| 1 user reading this topic (1 Guest and 0 Anonymous) | |
| « Previous Topic · Politics & Government · Next Topic » |
- Pages:
- 1
- 2







4:21 AM Jul 11