On 2023-07-19, Klaus Schadenfreude <klaus.schadenfreude.löschen> wrote:
[Default] On Wed, 19 Jul 2023 21:08:30 -0000 (UTC), pothead
<pothead@snakebite.com> typed:
Well those 87k agents Biden is funding have to do something other than sit on their asses like most
government employees do.
And it's far easier to extort $5k from 2000 people than hit 10 millionaires for $1,000,000 each
because they have the legal resources to fight back.
They don't even have to fight, really. They just use their tax
accountants and CPA's to use the loopholes Congress GAVE to them.
Fact!
I am against wealth distribution however the tax system should be equal for all.
Trump campaigned, partially on closing the loopholes that the wealthy use to avoid taxes and as far
as I am aware he failed at this.
And anyone can see this for themselves by playing with numbers in a typical tax program.
Pretend you made 20 million and notice all of the options that appear. Offshore investments mostly.
Leave the tax system mostly alone and close the loopholes that corporations and the wealthy use and
things will be better.
On 7/19/23 8:37 PM, pothead wrote:
On 2023-07-19, Klaus Schadenfreude <klaus.schadenfreude.löschen> wrote:
[Default] On Wed, 19 Jul 2023 21:08:30 -0000 (UTC), pothead
<pothead@snakebite.com> typed:
Well those 87k agents Biden is funding have to do something other than sit on their asses like most
government employees do.
And it's far easier to extort $5k from 2000 people than hit 10 millionaires for $1,000,000 each
because they have the legal resources to fight back.
They don't even have to fight, really. They just use their tax
accountants and CPA's to use the loopholes Congress GAVE to them.
Fact!
I am against wealth distribution however the tax system should be equal for all.
Trump campaigned, partially on closing the loopholes that the wealthy use to avoid taxes and as far
as I am aware he failed at this.
If Trump had declared that the sky was blue the Dem
legislature would have passed a resolution to declare
it was green ....
So, don't blame Trump for THIS.
And anyone can see this for themselves by playing with numbers in a typical tax program.
Pretend you made 20 million and notice all of the options that appear.
Offshore investments mostly.
Leave the tax system mostly alone and close the loopholes that corporations and the wealthy use and
things will be better.
If you search the net you can find pix of tax forms
from around 1917 or so - less than a half-page. THAT
is worth reviving. No loopholes, no deductions, no
bullshit, just straight-up percentage. If you earned X
then you owe Y and that's that. The whole IRS could fit
into a vacant Denny's and wouldn't need armed squads.
The tax code probably fit on a 2-sided page.
The USA worked perfectly well with this for a LONG time.
Prosperity, opportunity, confidence.
On 2023-07-20, 36J.956 <36J956@qfxw6.net> wrote:
On 7/19/23 8:37 PM, pothead wrote:
On 2023-07-19, Klaus Schadenfreude <klaus.schadenfreude.löschen> wrote: >>>> [Default] On Wed, 19 Jul 2023 21:08:30 -0000 (UTC), pothead
<pothead@snakebite.com> typed:
Well those 87k agents Biden is funding have to do something other than sit on their asses like most
government employees do.
And it's far easier to extort $5k from 2000 people than hit 10 millionaires for $1,000,000 each
because they have the legal resources to fight back.
They don't even have to fight, really. They just use their tax
accountants and CPA's to use the loopholes Congress GAVE to them.
Fact!
I am against wealth distribution however the tax system should be equal for all.
Trump campaigned, partially on closing the loopholes that the wealthy use to avoid taxes and as far
as I am aware he failed at this.
If Trump had declared that the sky was blue the Dem
legislature would have passed a resolution to declare
it was green ....
So, don't blame Trump for THIS.
lol !
So true. For the record I'm not blaming Trump as at least he tried.
And anyone can see this for themselves by playing with numbers in a typical tax program.
Pretend you made 20 million and notice all of the options that appear.
Offshore investments mostly.
Leave the tax system mostly alone and close the loopholes that corporations and the wealthy use and
things will be better.
If you search the net you can find pix of tax forms
from around 1917 or so - less than a half-page. THAT
is worth reviving. No loopholes, no deductions, no
bullshit, just straight-up percentage. If you earned X
then you owe Y and that's that. The whole IRS could fit
into a vacant Denny's and wouldn't need armed squads.
The tax code probably fit on a 2-sided page.
Yes.
Basically a flat tax.
The USA worked perfectly well with this for a LONG time.
Prosperity, opportunity, confidence.
Greed has destroyed the country.
Trump campaigned, partially on closing the loopholes that the wealthy use to avoid taxes and as farIf Trump had declared that the sky was blue the Dem
as I am aware he failed at this.
legislature would have passed a resolution to declare
it was green ....
So, don't blame Trump for THIS.
On 2023-07-20, 36J.956 <36J956@qfxw6.net> wrote:
On 7/19/23 8:37 PM, pothead wrote:
On 2023-07-19, Klaus Schadenfreude <klaus.schadenfreude.löschen> wrote: >>>> [Default] On Wed, 19 Jul 2023 21:08:30 -0000 (UTC), pothead
<pothead@snakebite.com> typed:
Well those 87k agents Biden is funding have to do something other than sit on their asses like most
government employees do.
And it's far easier to extort $5k from 2000 people than hit 10 millionaires for $1,000,000 each
because they have the legal resources to fight back.
They don't even have to fight, really. They just use their tax
accountants and CPA's to use the loopholes Congress GAVE to them.
Fact!
I am against wealth distribution however the tax system should be equal for all.
Trump campaigned, partially on closing the loopholes that the wealthy use to avoid taxes and as far
as I am aware he failed at this.
If Trump had declared that the sky was blue the Dem
legislature would have passed a resolution to declare
it was green ....
So, don't blame Trump for THIS.
lol !
So true. For the record I'm not blaming Trump as at least he tried.
On Wed, 19 Jul 2023 23:34:40 -0400, "36J.956" <36J956@qfxw6.net> wrote: >>Pothead wrote:
Trump campaigned, partially on closing the loopholes that the wealthy use to avoid taxes and as farIf Trump had declared that the sky was blue the Dem
as I am aware he failed at this.
legislature would have passed a resolution to declare
it was green ....
So, don't blame Trump for THIS.
He had the House, he had the Senate,
overhauled the tax code but in that overhaul
failed to keep one of his most important promises. And you know full well the Dems would
have been perfectly happy raising taxes on the rich and cutting taxes on the working
class.
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