Quote:
Originally Posted by Antitrust32
There should be a flat tax with a cut off poverty line. If the top 5% control 70% of the wealth like they do now, they should be paying 70% of the taxes that the US collects.
Warren Buffet paid less of a percentage of income taxes than I did last year. That's ridiculous.
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I agree wholeheartedly with a flax tax, no deductions and a poverty cutoff. It's all of those who benefit from the current gi-normous system who defend it. Rich guys who wrote those loopholes, and poor guys who actually get "refunds" in excess of taxes paid, even when taxes paid were zero.