Taxing The Rich Is The Only Solution To Our Systemic Inequality
Americans must get informed as to what really ails the economy. More articles are becoming available, mostly on the Internet, that give light to the many unnoticed studies that details the unfairness of America’s tax codes and policies. While the mainstream media gives these studies tepid coverage at best, it is now the responsibility of citizen journalists and online journalists to use their thousands of spheres of influence to get the information out so that Americans can make the necessary demands to their politicians.
[quote]Killing them all is another final solution?
Please move to Russia OP.
Ah yes, and we have the ignorant "yew don't like it? geeeet out!" reaction from r4
So not true.
You could always put away the weed and go for your GED, r5, but I know that's asking too much effort from you.
what do you mean r7? explain yourself chickenshit.
Remind me again, is that before or after we raise the minimum wage to $79.18 an hour?
Figure it out, you worthless dumbass!
Nobody needs more than 100 million, it doesn't matter if they 'earn' it, because it's at the expense of a whole lot of other hard workers (usually by laying them off). Any amount you make over 100 million should be taxed at 100%, period. If there's a minimum wage, there should be a maximum wage.
Don't tell me you can't be happy with 100 million. Bullshit.
R9 - Minimum wage here in Australia (the country that brought you the minimum wage) is $15.96au an hour which translates to about $10.00us using purchasing power parity.
We invented the concept, and we've had one of the world's highest minimum wages for well over a century. Know what? No disaster! The sky has failed to fall in...anything but. We're doing just fine. In fact we have not even had a recession for over 20 years and we're the wealthiest people in the world, yay! So every dire prediction is wrong... oh and before you start on manufacturing dying 24.6% of the Australian economy is Industry vs 19.2% for the USA.
It is not that Australia is perfect (believe me we've got issues) but this crap about what a disaster a high minimum wage will be is just nonsense.
Sending the rich to gulags and giving their assets to the federal government would also work.
Too extreme, r13, just correcting the tax irregularities and offshore account dodging will suffice.
OP is a huge piece of shit. Probably lives in his mothers basement and works at pier 1.
Provocative and intelligent!
They need to pay MORE
History recounts the tax structure in France before the Revolution.
The only ones who paid taxes were NOT the Rich or the Clergy.
If you took ALL the money made over $10 million, not even $100 million, by the rich bastards, it still would not come close.
This is too complicated. Can't we talk about clothes and disco?
The U.S. tax system is a maze of antiquated, counter-productive policies. If you are rich enough, you can hire lobbyists and bribe, er I mean fund politicians to make special protections.
Taxing the rich is not necessarily the correct phraseology, harnessing the US dollar might be a better way to put it.
We need to modernize our tax system, eliminate loopholes, and make it globally competitive.
R21, accountants will never allow the tax code to be modernized.
They'd be out of a job.
There are almost no accountants in Congress. It is lawyers who are keeping the complexity.
Since the rest of the world seems content financing our lifestyle indefinitely, why not get rid of taxes entirely? As long as the US remains a haven for riches, we can continue to live off our stability. (cause that's what we're doing when you stop and think about it)
Most of our rich people put their money overseas, R24. The Cayman Islands, Bermuda, Switzerland, etc.
Flat tax. No deductions. Gets rid of 90% of the IRS and turns filing into a one day affair.
r 12. spot rate of the AUS dollar makes their minimum wage about $16 US. Cost of living in Australia is about the same as the US....
Of course we need to eliminate the absurd capital gains tax, and tax passive inomr even more aggressively than wages; the incentive should be on earning income through labor.