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Yeah...if one wants a Lord/Serf society. When Reagan slashed tax rates for the wealthy to the lowest they had been in 50 years the middle class in this country began to disappear. Clinton began to straighten it out and then along came George....slow walkin', slow talkin' George. Cut tax rates for the wealthy twice, started two wars....one totally unnecessary and doubled the national debt:
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Removed the pics for cosmetic purposes.
Look. It doesn't matter. The argument you were trying to make is that the rich don't pay their fair share when they do pay more than their fair share on income tax. It's that simple.
You want things to be fair? have a flat tax, no exemptions. Everybody, no matter how much he makes, pays the same % of income. But that's a bad tax for the poor. This way, the poor are getting off easy since they are actually getting money from the federal govt, the somewhat ok pay little to nothing, and progressively, the rich end up paying so much than the bottom so that the poor are covered. So that the poor can get money from the govt back.
A progressive tax system is not a fair tax system. A progressive tax automatically excludes the idea of a fair share because the ones at the top are going to pay more than their fair share. So automatically, the ones at the top are getting the short end of the stick since they have to carry the ones at the bottom. And that's fine.
I do agree that capital gains taxes should be increased. But this doesn't fall under income tax. It falls under capital gains tax. And in capital gains tax, again, the poor, who don't invest, don't pay their fair share because they aren't even in the loop. And the ones who do invest are paying a LOT.