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Originally Posted by GrantMercury
Yup. Raise taxes on capital gains. Lower the payroll tax.
Working people should NOT pay a higher tax rate on money earned with their sweat, than the rich do on money made by money while they lounge by the fucking pool!
Cut WASTEFUL spending (pentagon is a great place to start). Close tax loopholes. Raise taxes on Mitt and his friends who have been getting away with financial murder for years (why do you think Mitt won't let us see his returns)? Cancel the next needless war.
Then see what kind of fiscal shape the nation is in.  |
All the money would leave the country. Like one of democrats biggest supporters and one of his biggest fundraisers. Who renounced her citizenship to save 10s of millions of dollars.
http://articles.cnn.com/2012-07-10/p...rs-tax-evasion
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Wealthy socialite and Grammy-nominated songwriter Denise Rich has renounced her U.S. citizenship and resides in London, her spokeswoman Judy Smith said Tuesday.
Rich's maiden name, Eisenberg, appeared on April 30 in the Federal Registrar's Quarterly Publication of Individuals Who Have Chosen To Expatriate, though she left in November 2011.
By handing in her American passport, tax lawyers say she is able to legally avoid paying significant taxes on her estate.
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As of 2001, Denise Rich had made more than $1.3 million in political contributions to the Democratic Party since 1993, including $70,000 to Hillary Clinton's Senate campaign and $450,000 to the Clinton presidential library in Arkansas.
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This quote comes to mind:
"I have never understood why it is "greed" to want to keep the money you've earned, but not greed to want to take somebody else's money" Thomas Sowell