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Mon Sep 28, 2020, 06:14 AM

Rich people don't need tax cuts

I am sure that Donald Trump's paying such low or no taxes is absolutely legal, taking advantage of our byzantine tax code. His is not unique; the majority of wealthy people don't pay much or anything in taxes. The experts who fill out their returns are not from H&R Block. They are specialists who understand how to use tax laws to benefit their clients.

The big story here is the demonstration to the public of how disgusting and greedy wealthy people are when it comes to grasping for even more money. They don't need a tax break. They don't need a reduction in the amount of tax they pay, yet they support figures like Trump--and many honest Republicans, if such still exist--who want to lower their practically non-existent taxes still further.

This is what needs to be pointed out, every time a tax cut for the wealthy is proposed.

There was a political party in Philadelphia in 1976 called the "Get the Rich Off My Back" party. We should all join.

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Reply Rich people don't need tax cuts (Original post)
cyclonefence Sep 2020 OP
beachbumbob Sep 2020 #1
brewens Sep 2020 #2
Ferrets are Cool Sep 2020 #3

Response to cyclonefence (Original post)

Mon Sep 28, 2020, 06:28 AM

1. its never a need, butt hey have the power to write the taxcode and why 10,000 pages

 

serve them and corporate america in fleecing the american worker and their families. The real shame is these elitist contribute NOTHING to pay for the US Military, pay for Govt both vital to protect them and their wealth. The time must end and democrats have not focused on taxcode reform in decades. It needs a complete rewrite taking out 9,750 pages and all the special interest loopholes.

This is NOT an impossible task to do at all. Hell give my 10 tax specialist and 2 weeks and I could come up with a new code and tax structure

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Response to cyclonefence (Original post)

Mon Sep 28, 2020, 06:51 AM

2. Oh they need tax cuts alright. Cuts in the amount of our tax dollars they rake in. That's what

needs to be pounded. How many of the 1% are way in the black on our tax dollars? They rake in more than they ever pay out. You don't buy a government and come out holding the short end of the stick.

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Response to cyclonefence (Original post)

Mon Sep 28, 2020, 07:34 AM

3. "The big story here is"

I don't see it that way. To me, the big story is how he has been committing fraud to borrow millions of $s. Also, who does he owe this money to? It is very compromising for a president to owe millions to certain entities.

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